howz a bout the market decides the value!!!
lol exactly…
let the out-the-ass-share-price-speculations-circle-jerk begin.
Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 125. (Read 629902 times)
May 08, 2014, 12:29:02 PM
lol exactly…
let the out-the-ass-share-price-speculations-circle-jerk begin.
May 08, 2014, 12:26:32 PM
howz a bout the market decides the value!!!
May 08, 2014, 12:23:08 PM
Share price is mostly determined by the dividend, so lets wait until we have had enough dividend payments to calculate a value to the shares.
If we have a dividend payment every week, we can probably make a good value judgement after 2 - 3 months.
I think a good aim for now is 100 bitcoin dividend per month, making 0.00001 per share per month.
Because bitcoin mining and this venture are very uncertain, I think a share should be valued at 12 months worth of dividend.
Therefore, I calculate a value of 0.00012 per share.
Of course if Ken can get these 5,000 boards online, everything changes.
The shares could easily be worth 0.001 - 0.0018 per share if Ken's plan to get 5,000 boards sold or online comes true.
This assumes Ken keeps the hashrate up, which he has indicated as a very likely possibility.
So right now I value them at 0.00012 per share, however if you believe in what Ken has said about our future hashrate then we could value them at 0.001+
However, to sell thousands of boards we really need the website to be minimal and focused. Think Apple not bestbuy. We only have a small range of products.
If we have a dividend payment every week, we can probably make a good value judgement after 2 - 3 months.
I think a good aim for now is 100 bitcoin dividend per month, making 0.00001 per share per month.
Because bitcoin mining and this venture are very uncertain, I think a share should be valued at 12 months worth of dividend.
Therefore, I calculate a value of 0.00012 per share.
Of course if Ken can get these 5,000 boards online, everything changes.
The shares could easily be worth 0.001 - 0.0018 per share if Ken's plan to get 5,000 boards sold or online comes true.
This assumes Ken keeps the hashrate up, which he has indicated as a very likely possibility.
So right now I value them at 0.00012 per share, however if you believe in what Ken has said about our future hashrate then we could value them at 0.001+
However, to sell thousands of boards we really need the website to be minimal and focused. Think Apple not bestbuy. We only have a small range of products.
May 08, 2014, 11:01:16 AM
Will we get a reply to the email sent saying true shares have been transferred?
Yes, just wait it out. I (and many others) already got mine.
May 08, 2014, 10:59:49 AM
Will we get a reply to the email sent saying true shares have been transferred?
May 08, 2014, 10:37:33 AM
What if you can't log back into bitfunder because of 2fa and password issues. I used the same email with b itfunder as I did with c-t. I know how many shares I have and everything except the bitfunder info. How do I proceed.
I had the same issue, click help on the bitfunder page and use the embedded irc window. Talk to Ukyo and explain the situation. He responded to me and fixed it within 15 minutes
i can't get the irc window to work. any idea how i can verify my account, i have the same issue as above. is a signed message from your wallet good enough?
I also have this issue and Ukyo has not responded in my many attempts to get my 2FA removed.
I had a hard time getting a hold of him as well, but mention his name in #bitfunder on IRC and PM him - he'll sort it out.
May 08, 2014, 10:37:27 AM
What can we do if the bitfunder 2FA was lost and the information for transfer cannot be retrieved?
We can verify our addresses by signing it. Ken has discussed this as a verification method in the past.
May 08, 2014, 10:36:36 AM
Hmmmm how long did it take anyone to get a Crypto-Trade account confirm email? ... 2 hours and counting here ...
Many people got their confirms very fast but that was when Ken was awake.
I am sure Ken is asleep at the moment and when he wakes up he'll have a mountain of email to get through!
I am waiting too.
Just sent mine as well. 10:36 AM in Missouri, so Ken's probably digging into these as we speak.
May 08, 2014, 10:28:25 AM
What can we do if the bitfunder 2FA was lost and the information for transfer cannot be retrieved?
May 08, 2014, 10:18:09 AM
Hmmmm how long did it take anyone to get a Crypto-Trade account confirm email? ... 2 hours and counting here ...
Many people got their confirms very fast but that was when Ken was awake.
I am sure Ken is asleep at the moment and when he wakes up he'll have a mountain of email to get through!
I am waiting too.
May 08, 2014, 10:13:30 AM
Hmmmm how long did it take anyone to get a Crypto-Trade account confirm email? ... 2 hours and counting here ...
May 08, 2014, 09:49:10 AM
What if you can't log back into bitfunder because of 2fa and password issues. I used the same email with b itfunder as I did with c-t. I know how many shares I have and everything except the bitfunder info. How do I proceed.
I had the same issue, click help on the bitfunder page and use the embedded irc window. Talk to Ukyo and explain the situation. He responded to me and fixed it within 15 minutes
i can't get the irc window to work. any idea how i can verify my account, i have the same issue as above. is a signed message from your wallet good enough?
I also have this issue and Ukyo has not responded in my many attempts to get my 2FA removed.
May 08, 2014, 09:46:47 AM
What if you can't log back into bitfunder because of 2fa and password issues. I used the same email with b itfunder as I did with c-t. I know how many shares I have and everything except the bitfunder info. How do I proceed.
I had the same issue, click help on the bitfunder page and use the embedded irc window. Talk to Ukyo and explain the situation. He responded to me and fixed it within 15 minutes
i can't get the irc window to work. any idea how i can verify my account, i have the same issue as above. is a signed message from your wallet good enough?
May 08, 2014, 09:45:46 AM
Weekly Update 5/7/2014
We are starting the migration to Crypto-Trade.com for ActiveMining shares transferred to AMC-TENDER on Bitfunder
The following limitations apply:
1. You must initiate this migration request before May 21st, 2014 00:00 GMT.
2. Dividends will not be paid until after this migration.
3. We can make no guarantees that Crypto-Trade or any other exchange in the future will not impose additional limitations on trading or will not be shutdown.
...
We are starting the migration to Crypto-Trade.com for ActiveMining shares transferred to AMC-TENDER on Bitfunder
The following limitations apply:
1. You must initiate this migration request before May 21st, 2014 00:00 GMT.
2. Dividends will not be paid until after this migration.
3. We can make no guarantees that Crypto-Trade or any other exchange in the future will not impose additional limitations on trading or will not be shutdown.
...
THANK YOU, KEN!
This is the only thing I wanted. Sending my email now... once these are on CT I will finally be at rest.
Again, thank you.
May 08, 2014, 07:51:19 AM
Let's face it, unless you have free electricity or aquire free hardware, mining is a fools errand with the current difficulty and the massive farms now digging in... It is a completely different environment than when most of us started buying these shares and I'm curious how we are competitive enough now to validate a decent share price.
This all should've would've could've happened many many months ago to even begin to think we'd see a profit on our investments here.
We'll see what we shall see...
This all should've would've could've happened many many months ago to even begin to think we'd see a profit on our investments here.
We'll see what we shall see...
May 08, 2014, 07:33:16 AM
It would be nice if we knew what those expenses were.
Though I wasn't watching the threa for a while maybe i missed it did we get that finance report?
Though I wasn't watching the threa for a while maybe i missed it did we get that finance report?
May 08, 2014, 07:28:41 AM
To confirm, in regards to colleting our shares, the info required for "Receive Transfer From" is our old bitfunder user name or our crypto trade user?
May 08, 2014, 07:24:20 AM
Also wow, someone wants out, sold all the way down to 0.00005.
About 3 times more than expected dividends if Ken releases 100% of all 166 btc in his mining address.
That's actually a fair price at the moment.
a fair price is three times next weeks dividend? err ok.
That's one way of looking at it, another is it's the fully accumulated mining dividends from last 5-6 months.
Add the risk that Ken might fuck something up at any time, and I still think it's a fair price.
Everyone seems to be forgetting that VMC is selling the cheapest $/gh hardware by a mile... We don't know if there are any dividends to be payed from those even...
Ken had a bad start, but he's picking it up now.
May 08, 2014, 07:02:39 AM
Also wow, someone wants out, sold all the way down to 0.00005.
About 3 times more than expected dividends if Ken releases 100% of all 166 btc in his mining address.
That's actually a fair price at the moment.
a fair price is three times next weeks dividend? err ok.
That's one way of looking at it, another is it's the fully accumulated mining dividends from last 5-6 months.
Add the risk that Ken might fuck something up at any time, and I still think it's a fair price.
May 08, 2014, 05:34:18 AM
Also wow, someone wants out, sold all the way down to 0.00005.
About 3 times more than expected dividends if Ken releases 100% of all 166 btc in his mining address.
That's actually a fair price at the moment.
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