Quote from: empoweoqwj on September 18, 2014, 01:48:05 PM

Again, relying on hope ..... AM didn't predict these problems with Gen3 did they? They told us how amazingly power efficient the chips would be. Why do you believe, and that's believe, and not hope, Gen4 will be any different. Not even talking about Gen2 that disappeared without even being made without an explanation.

I believe gen 4 will be better because FC said that AM had identified the problem with gen 3 and had fixed it for gen 4.

Quote from: empoweoqwj on September 18, 2014, 01:48:05 PM

You know the bitcoin price could easily decline from where it is now right? You don't have to believe all the bitcoiners that we are going to $3000 soon.

Bitcoiners? Are you not a bitcoiner? If you thought the price was going to keep dropping, it would be logical to sell all your AM shares and all your bitcoin too. But here you are.

Quote from: empoweoqwj on September 18, 2014, 01:48:05 PM

Its a quintessential human quality, hope. People make a lot of money off it

All I'm saying is for every optimistic circumstance there is the opposite. I should know. I paid 4 BTC for AM shares a year or so ago .....

And I told you back then those prices were idiotic and AM wasn't worth anywhere near that much. I told you that competition would exist in the future that didn't exist then. I told you that AM's advantage at that time was simply because they were first onto the field and that in the future they wouldn't be able to sell miners anywhere near the price they were going for back then due to competition. Most people here called me a troll and continued hyping the shares.

It's funny that now all that has come to pass, you're spreading doom and gloom and I'm saying things are actually better than they appear to be. AM should have easily sold enough product to pay for gen 4 (it would only take around 6 Ph/s of chips at 0.5 $/G). AM sold more than that in chips alone before April, so it it's a pretty solid assumption that they've sold more than that in chips and miner since April too. They've also been mining for a couple of months too now, and we've seen fairly large sums of BTC being shifted around known AM addresses.

AM are not in anywhere near as bad as a position as people here are assuming.