Quote from: helixone on September 04, 2013, 06:09:22 AM

Quote from: Whtwabbit on September 04, 2013, 05:07:11 AM

Quote from: chriswilmer on September 04, 2013, 03:38:23 AM

I'd be happy with 0.01 per share. If that's as low as it ever got, that would still be an amazing return for 2-3 BTC/share and solid for 4-5 BTC/share (when comparing to traditional investment opportunities). If it goes lower than 0.01... well, that would cause investor distress without some kind of calming message from Friedcat and co.

Why does Vycid post here 10x per day? Has someone hired him to post negative messages about AM all day as a full-time job? Fairly well written comments, even if negative and unceasing.

He cares about us all and likes all the attention Wink

Well he spent some time accumulating ASICMINER put options, which allow him to profit if the price goes down. If you search his post history you can see a number of posts where he is trying to buy puts.

One example: https://bitcointalk.org/index.php?topic=235763.msg2976781#msg2976781

-helixone

Damn straight. My money is where my mouth is. I have never hidden the fact that I own a short position.

I own a short position because it's rational, not because I particularly enjoy seeing you all getting fucked over. In fact, I'd really rather see the small guys get out before the whales do, but there isn't much more I can do to influence your decisions.

As for the volume and thought behind the posts - I work harder than you do. I spend a lot more time thinking about my investments. I try to understand the market as a system, try to understand the factors that drive its movements. Sometimes those factors aren't all rational, which is why it can be so educational to see your viewpoints.

Ultimately it does pay off, and I do end up with an edge on the market - even in traditional markets, where I have beaten the market every year for the past 5 years (the jury is still out on 2013). The competition is smarter, but there is more information, too.

I'd consider starting a hedge fund, but I have this funny feeling that the moment I take someone else's money I'd immediately lose everything and feel like a prick.

Edit: Oh, yeah, and I'm self-aware enough to admit that I like the attention. So what? Go fuck yourself. At least I'm not Mircea Popescu.