Topic: ActiveMining Overview and Speculation Thread - page 15. (Read 168100 times)
My guess is that the price on btct is dropping as people temporarily free up BTC to ride the wave on the Labcoin crash.
Wouldn't it be CRAZY if ActM released a video like this: https://www.youtube.com/watch?v=OQY3Y8shBY8
Who in their right mind would still be using CRT monitors? The electricity costs alone justify the switch to LCD at least. 
Wouldn't it be CRAZY if ActM released a video like this: https://www.youtube.com/watch?v=OQY3Y8shBY8
Oh nice, how did I never saw that one before. Do they make their own chips too ?
PCI Miners coming soon.
Wouldn't it be CRAZY if ActM released a video like this: https://www.youtube.com/watch?v=OQY3Y8shBY8
Let's speculate!
TheFunkyBits, I am prone to agree with you. I say .027 is conservative. Once the chips come in and the deals are announced and the high speed mining, and manufacturing and sales begin, .027 is conservative. Bitcoin prices are increasing, also. Let's say that bitcoin reaches $140 when ActM reaches .027. That means that each share would be worth $3.78. Someone with 10,000 shares would be sitting on $37,800. Right now, ActM is at .00423 and Bitcoin in Gox is $130. So, if you invest and buy 10,000 shares of ActM today, it would cost you 42.3 bitcoin, or $5499. $37,800 minus $5499 is $32,301.
I do so love counting chickens before they hatch.
Someone who has 50K shares, and there are more than a few people like that here, would have $189,000 is the scenario I gave above.
Those few special, blessed, unique and superior people with 100K shares would have $378,000.
Those adorable little pre-hatched chickens. I have counted them all.
TheFunkyBits, I am prone to agree with you. I say .027 is conservative. Once the chips come in and the deals are announced and the high speed mining, and manufacturing and sales begin, .027 is conservative. Bitcoin prices are increasing, also. Let's say that bitcoin reaches $140 when ActM reaches .027. That means that each share would be worth $3.78. Someone with 10,000 shares would be sitting on $37,800. Right now, ActM is at .00423 and Bitcoin in Gox is $130. So, if you invest and buy 10,000 shares of ActM today, it would cost you 42.3 bitcoin, or $5499. $37,800 minus $5499 is $32,301.
I do so love counting chickens before they hatch.
Someone who has 50K shares, and there are more than a few people like that here, would have $189,000 is the scenario I gave above.
Those few special, blessed, unique and superior people with 100K shares would have $378,000.
Those adorable little pre-hatched chickens. I have counted them all.
Since this is the speculation thread, and things have been very boring as of late I would like to speculate on the share price of ACTIVEMINING if all goes well with eASIC and the avalon chips.
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
Actm value also depends how much BTC they still hold. Problem is, we have no idea because Ken has released 0 reports and we have no idea at what price BTC was converted to fiat to cover cost.
If they converted 10000 BTC to USD in low 80'is, they got ~800 000
if they still have most BTC available, they only need to convert about 2/3 of it and hold the rest (1/3) as an investment.
But we do not know, because Ken has not released any statements. No statements means wiggle room for later...
The moment they converted all the coin to BTC, Actm valuation becomes USD based. BTC goes up 10 against fiat, Actm goes down equally, unless there are news giving reason for 10% rise. Frankly, there is none.
Bitcoin price has nothing to do with value of shares.
It does to me. Let's say that 1 share is .004 btc.
That share has more value to me if bitcoin is $130 than if bitcoin is $100.
I think I get what you're saying. There isn't a direct correlation between btc's price and share price. And I agree with that. I just disagree that btc price has nothing to do with the value of my shares.
Bitcoin price has nothing to do with value of shares.
Let's speculate!
TheFunkyBits, I am prone to agree with you. I say .027 is conservative. Once the chips come in and the deals are announced and the high speed mining, and manufacturing and sales begin, .027 is conservative. Bitcoin prices are increasing, also. Let's say that bitcoin reaches $140 when ActM reaches .027. That means that each share would be worth $3.78. Someone with 10,000 shares would be sitting on $37,800. Right now, ActM is at .00423 and Bitcoin in Gox is $130. So, if you invest and buy 10,000 shares of ActM today, it would cost you 42.3 bitcoin, or $5499. $37,800 minus $5499 is $32,301.
I do so love counting chickens before they hatch.
Someone who has 50K shares, and there are more than a few people like that here, would have $189,000 is the scenario I gave above.
Those few special, blessed, unique and superior people with 100K shares would have $378,000.
Those adorable little pre-hatched chickens. I have counted them all.
TheFunkyBits, I am prone to agree with you. I say .027 is conservative. Once the chips come in and the deals are announced and the high speed mining, and manufacturing and sales begin, .027 is conservative. Bitcoin prices are increasing, also. Let's say that bitcoin reaches $140 when ActM reaches .027. That means that each share would be worth $3.78. Someone with 10,000 shares would be sitting on $37,800. Right now, ActM is at .00423 and Bitcoin in Gox is $130. So, if you invest and buy 10,000 shares of ActM today, it would cost you 42.3 bitcoin, or $5499. $37,800 minus $5499 is $32,301.
I do so love counting chickens before they hatch.
Someone who has 50K shares, and there are more than a few people like that here, would have $189,000 is the scenario I gave above.
Those few special, blessed, unique and superior people with 100K shares would have $378,000.
Those adorable little pre-hatched chickens. I have counted them all.
Since this is the speculation thread, and things have been very boring as of late I would like to speculate on the share price of ACTIVEMINING if all goes well with eASIC and the avalon chips.
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
could be..
lets see !!
lets see !!
Since this is the speculation thread, and things have been very boring as of late I would like to speculate on the share price of ACTIVEMINING if all goes well with eASIC and the avalon chips.
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
Lets set the date for Dec 31, 2013.
my realistic guesstimation on the price of one share of ACTM is .027
Feel free to chime in, Im curious to hear what numbers other (possibly smarter) investors have in their heads!
I specifically said selling fees. If you expect to buy and hold, and ActiveMining to go up significantly, then the selling fees are more of a concern.
Bitfunder selling fees = 1%.
BTC-TC selling fees = 0.2%
BTC-TC selling fees = 0.2%
BTCT trading fees 20 BPS. Round trip 40BPS.
Get your math right.
Bitfunder selling fees = 1%.
BTC-TC selling fees = 0.2%
BTC-TC selling fees = 0.2%
I see burnside on the forums pretty often. During the Labcoin IPO there was a considerable amount of madness, and I think he dealt with those issues quite well. He seemed pretty available..the only difference between the two is that I have not seen burnside in IRC chat.
The most important reason why Bitfunder is the preferred exchange:
Often there are problems with bitcoin and using a site.
Ukyo/Ukto the owner and operator of Bitfunder is very available in the IRC channel #bitfunder.
He often helps people with problems with Bitfunder quickly.
The owner/operator of BTCT is not as available.
Just for the availability of Ukyo, Bitfunder is the preferred exchange.
Often there are problems with bitcoin and using a site.
Ukyo/Ukto the owner and operator of Bitfunder is very available in the IRC channel #bitfunder.
He often helps people with problems with Bitfunder quickly.
The owner/operator of BTCT is not as available.
Just for the availability of Ukyo, Bitfunder is the preferred exchange.
In that case, I have shares on BF that I'd like to transfer to BTCT.CO. If you prefer BF, let's make a trade.
The most important reason why Bitfunder is the preferred exchange:
Often there are problems with bitcoin and using a site.
Ukyo/Ukto the owner and operator of Bitfunder is very available in the IRC channel #bitfunder.
He often helps people with problems with Bitfunder quickly.
The owner/operator of BTCT is not as available.
Just for the availability of Ukyo, Bitfunder is the preferred exchange.
Often there are problems with bitcoin and using a site.
Ukyo/Ukto the owner and operator of Bitfunder is very available in the IRC channel #bitfunder.
He often helps people with problems with Bitfunder quickly.
The owner/operator of BTCT is not as available.
Just for the availability of Ukyo, Bitfunder is the preferred exchange.
I gotta side with Stu on this one. More shares = more dividends therefore it is better to get more bang for your buck (more shares per BTC to maximize dividends paid) at the cheaper exchange.
If you are truly long on ActM then you must agree with the above. If you aren't in it for the dividends then you are a price speculator.
Also, your argument that cheaper shares still equal the same number of bitcoins, that is true only until the price changes. If you own 15% more shares and the price moves up X on both exchanges then you make 1.15*X on Bitfunder versus BTCT.
So your only argument left is liquidity risk, and somebody has already pointed out that trade volumes are virtually identical on both exchanges. Plus there are more total shares listed on BitFunder so technically it would have more liquidity.
If you are truly long on ActM then you must agree with the above. If you aren't in it for the dividends then you are a price speculator.
Also, your argument that cheaper shares still equal the same number of bitcoins, that is true only until the price changes. If you own 15% more shares and the price moves up X on both exchanges then you make 1.15*X on Bitfunder versus BTCT.
So your only argument left is liquidity risk, and somebody has already pointed out that trade volumes are virtually identical on both exchanges. Plus there are more total shares listed on BitFunder so technically it would have more liquidity.
I tried to have an adult conversation with you and you just turn out to be some autistic kid. 
I thought we were moving on? Who's stuck on it now?
Did I insult you over these past 2 pages? Even once? No.
It actually has been an adult conversation but now you need to resort to insulting people?
I tried to have an adult conversation with you and you just turn out to be some autistic kid.
I thought we were moving on? Who's stuck on it now?
Did I insult you over these past 2 pages? Even once? No.
It actually has been an adult conversation but now you need to resort to insulting people?
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