Ninjastic
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Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on [BTC-TC]
by
MilkyLep
on 17/07/2013, 04:05:24 UTC
Quote from: investr on July 17, 2013, 12:55:50 AM
Quote from: adameb on July 16, 2013, 08:17:03 PM
Quote from: igba on July 16, 2013, 05:05:30 PM
to the people talking about a split, don't you think we need to wait till the end of the week when everything is turned on? lol. been following COGNITIVE for a while and this is exactly what was planned, great job Garrett. personally I can't wait until the fall

Prices seem to move more irrationally (to the benefit of current holders) following a split, no?  Didn't the same increase in hashpower move bASIC from .6 to 1.1btc (pre-split), then from like .35 to .8 (post split), even though the magnitude of the impact was almost tenfold the later time? 

Current price is already irrational.

Maybe so, but that's why it's called an investment, price may not always be irrational. Not to mention this is a virtual currency, whos to say what is rational? I've got faith in Garrett's ability to manage this asset, and the near months will show the hard work of planning both from him and the shareholders. Grab your hard hat because we might be breaking some ceilings. Grin

As far as the stock split goes, I honestly thought the increased liquidity would be detrimental to bASIC's share price, but we all saw what happened. And unless I'm mistaken, burnside worked with creativex to fix the charts/dividends/etc.


EDIT: Any emails or hints as to when those 7 BFL rigs are going to ship? Just sometime soon?