Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
sporket
on 14/08/2014, 16:32:38 UTC
BTC0.34  Cool

No comments on this?

btc/usd tanked

And Bitcoin investors don't quite grasp that the value of Bitcoin ASICs depends on said bitcoins having value.
That is not the point.

These bitcoin investors are bullish concerning the long term value of bitcoin in USD.
And now they have to spend less dollars to get the same amount of shares promising the same amount of dividends in BTC!

I can see why Bitcoin bulls would be buying Bitcoin now, but why would they be more inclined to spend that bitcoin on AM?
Are you suggesting that spending one BTC on AM shares now would get you more dividends per BTC later?