Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
Vycid
on 08/09/2013, 07:17:16 UTC

FC wasn't mining as much earlier this year, you mean?

He still finds time to make posts, they just avoid important topics and are not very useful to shareholders.
There are a multitude of reasons why some degree of discretion is advisable.

Project Timeline

August-September: Deploy/sell all hashpower arriving in July and early August.
September-November: Deploy/sell the hashpower ordered at early July.
November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.
Concise, and no bullshit.
How would giving more info than this help the company?
You might enjoy it for playing your little trading games, but it won't help ASICMINER.



Then why did he provide so much information in the past? Did you scroll through this?

https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts;start=140

It is a change in habit and there should be a lot of news. It strikes me as very odd.

They must be very busy, and don't need to give competitors info.
And secondly, back in March, the company structure was different by the fact that they were directing all dividends to the initial public investors, and so in a way, they had more responsibility to shareholders then.
Now it's all gravy and they have no resonsibility to provide information just to satisfy traders on third party exchanges.

Perhaps you are right, and it is something innocuous, but you are definitely wrong not to entertain the possibility he is becoming less forthcoming with shareholder updates for the same reason we saw with Yifu.

This is a game of degrees, not wrong or right. Nobody knows with certainty. You can only evaluate your odds by examining many factors, and this is a factor I think people are overlooking (while getting excited about things that don't matter, like advertisements).