Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
freedomno1
on 09/11/2013, 05:51:11 UTC
This might be a bit off topic, but I have no idea where else to ask. Does anyone know where I can find potential sellers of ASICMINER direct shares? I want to buy some.

Why not buy at Havelock and then convert yourself? Its not much of a market but the best thing we have right now.

There are many signs pointing to the shares being underpriced on the exchanges (currently 0.78BTC on HL). I personally want to stay as far away from HL and all other exchanges seem down. Looking in the auction forums you can see that there are multiple threads of folks offering to buy direct shares but nobody selling. I think the current valuation of ASICminer is closer to 1BTC than anything else, but is being kept low because nobody wants to put money on the exchanges. Meanwhile all the big holders sold around 3BTC and nobody who bought at this price wants to take the loss [i do see some folks making money via arbitrage if willing to take the gamble]. We're experiencing illiquidity, which is not good for the commodity's price or the holders. We need a new leader like BTC.TC was that the community believes in. Short of that, holders need to believe in the cat.

Well if shares are undervalued at havelock, simply buy some there, and convert to direct shares. In a few days time you end up with cheap direct shares .... don't see the risk, unless you think havelock is going under this week?

But yeah, the whole "virtual" share market is a mess at the moment. Isn't that on AM's to-do list still?

The fact that they allied with a Panamanian Exchange and still have a working relationship with the banks through canadianbitcoins hints that their are no real signs of a close down in the short term or mid but I admit one exchange on the block does make it a bit worrysome and it will take some time for people to start regaining confidence in exchanges in general again.
Not including 796 Chinese version or crypto-stocks

As for auction price I think no one wants to take a loss and most auctions were above 1
So the market is undersupplied for direct share selling at these levels