ActiveMining Overview and Speculation Thread - page 70.

pheaonix

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Activity: 392

Merit: 250

http://casinobitco.in/ A+ customer support

Quote from: ArcticWolf on July 26, 2013, 09:35:34 PM

Quote from: joele on July 26, 2013, 09:33:20 PM

Quote from: thebitcoiners on July 26, 2013, 03:07:06 PM

Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder Cry

Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395

You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.

Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money

incorrect. i highly doubt those ~70k in ask walls will fall before 6 confirms. if i was on btct, i would arb this.

edit: i just checked again. arbing this is getting more profitable by the minute.

vlaoou321

sr. member

Activity: 266

Merit: 250

Quote from: dhenson on July 26, 2013, 09:19:20 PM

Quote from: vlaoou321 on July 26, 2013, 09:15:40 PM

Quote from: auto2nr1 on July 26, 2013, 02:38:43 PM

Quote from: dhenson on July 26, 2013, 01:01:27 PM

Quote from: auto2nr1 on July 26, 2013, 12:06:54 PM

Realistically speaking within the next 1-2 months how high do you guys think we can go in regards to price per share? After the 20k chips arrive from Avalon and we start hashing?

One advantage ACTM has going for it in terms of share price at the moment is that the market already has a similar company we can use in order to predict valuation.

Asicminer has 400,000 shares
Current price per share ~4.6btc

ActiveMining has 25,000,000 shares (62.5 x more shares)

Assuming all goes well ActiveMining could easily represent 25% of the current value of Asicminer and could equal or surpass Asicminer in the long run. Based on private conversations over PM I've had, Ken believes he will grow ActiveMining to surpass all competition. This is the bar he has set for himself, not just my speculation.

25% market value compared to Asicminer would equate to a .0184/share ACTM share price (using 4.6/share for AM).
50% valuation would of course bring that to .0368/share etc.

There is admittedly a long way to go but the potential is definitely there.

Thanks for the post. It would be great if we can hit close to .02/share. That would be awesome if we can see that within the next few months.

You miscalculated, and 4.6/62.5 = 0.0736

No, you misunderstood. That would be if ACTM was 100% valued = AM.

I am saying that @ 25% valuation you would divide your number by 4 = .0184 Admittedly, 25% is completely arbitrary as ACTM may actually end up surpassing AM.

Oh. . . The original case. My fault

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: joele on July 26, 2013, 09:33:20 PM

Quote from: thebitcoiners on July 26, 2013, 03:07:06 PM

Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder Cry

Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395

You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.

Because getting your coin through weexchange and into bitfunder can take ages, because they require 6 confirmations. By that time the price could have changed and then you have lost money

joele

legendary

Activity: 1022

Merit: 1000

Quote from: thebitcoiners on July 26, 2013, 03:07:06 PM

Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder Cry

Yeah, how come nobody is taking advantage of arbitrage on this discrepancy?
Like, sell 500 @ 0.005600 on BTCT = 2.8 btc
Transfer your bitcoin to bitfunder, then buy 500 @ 0.004790 = 2.395

You have the same shares, but gain instant 0.405 btc profit, that is 156 weeks of dividend based on last div.

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: Exocyst on July 26, 2013, 08:01:51 PM

Quote from: statdude on July 26, 2013, 06:40:42 PM

Someone PLEASE post some put options!

What this means is you can get either

1) ActiveMining at a LOWER price (you are selling someone else the right to sell AM to you at a lower price than it is currently, in exchange for a "premium" now)
2) High interest while you wait for it to expire on your money

Done. BTC-TC:
PUT #1983 6 d, 23 h, 0 m 500 @ 0.00535000 STRIKE & 0.00074999 PREMIUM for a COST/EACH OF 0.00460001
PUT #1985 6 d, 23 h, 0 m 500 @ 0.00560000 STRIKE & 0.00099999 PREMIUM for a COST/EACH OF 0.00460001

Purchased.

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: vlaoou321 on July 26, 2013, 09:15:40 PM

Quote from: auto2nr1 on July 26, 2013, 02:38:43 PM

Quote from: dhenson on July 26, 2013, 01:01:27 PM

Quote from: auto2nr1 on July 26, 2013, 12:06:54 PM

Realistically speaking within the next 1-2 months how high do you guys think we can go in regards to price per share? After the 20k chips arrive from Avalon and we start hashing?

One advantage ACTM has going for it in terms of share price at the moment is that the market already has a similar company we can use in order to predict valuation.

Asicminer has 400,000 shares
Current price per share ~4.6btc

ActiveMining has 25,000,000 shares (62.5 x more shares)

Assuming all goes well ActiveMining could easily represent 25% of the current value of Asicminer and could equal or surpass Asicminer in the long run. Based on private conversations over PM I've had, Ken believes he will grow ActiveMining to surpass all competition. This is the bar he has set for himself, not just my speculation.

25% market value compared to Asicminer would equate to a .0184/share ACTM share price (using 4.6/share for AM).
50% valuation would of course bring that to .0368/share etc.

There is admittedly a long way to go but the potential is definitely there.

Thanks for the post. It would be great if we can hit close to .02/share. That would be awesome if we can see that within the next few months.

You miscalculated, and 4.6/62.5 = 0.0736

No, you misunderstood. That would be if ACTM was 100% valued = AM.

I am saying that @ 25% valuation you would divide your number by 4 = .0184 Admittedly, 25% is completely arbitrary as ACTM may actually end up surpassing AM.

vlaoou321

sr. member

Activity: 266

Merit: 250

Quote from: auto2nr1 on July 26, 2013, 02:38:43 PM

Quote from: dhenson on July 26, 2013, 01:01:27 PM

Quote from: auto2nr1 on July 26, 2013, 12:06:54 PM

Realistically speaking within the next 1-2 months how high do you guys think we can go in regards to price per share? After the 20k chips arrive from Avalon and we start hashing?

One advantage ACTM has going for it in terms of share price at the moment is that the market already has a similar company we can use in order to predict valuation.

Asicminer has 400,000 shares
Current price per share ~4.6btc

ActiveMining has 25,000,000 shares (62.5 x more shares)

Assuming all goes well ActiveMining could easily represent 25% of the current value of Asicminer and could equal or surpass Asicminer in the long run. Based on private conversations over PM I've had, Ken believes he will grow ActiveMining to surpass all competition. This is the bar he has set for himself, not just my speculation.

25% market value compared to Asicminer would equate to a .0184/share ACTM share price (using 4.6/share for AM).
50% valuation would of course bring that to .0368/share etc.

There is admittedly a long way to go but the potential is definitely there.

Thanks for the post. It would be great if we can hit close to .02/share. That would be awesome if we can see that within the next few months.

You miscalculated, and 4.6/62.5 = 0.0736

Exocyst

sr. member

Activity: 266

Merit: 250

Science!

Quote from: statdude on July 26, 2013, 06:40:42 PM

Someone PLEASE post some put options!

What this means is you can get either

1) ActiveMining at a LOWER price (you are selling someone else the right to sell AM to you at a lower price than it is currently, in exchange for a "premium" now)
2) High interest while you wait for it to expire on your money

Done. BTC-TC:
PUT #1983 6 d, 23 h, 0 m 500 @ 0.00535000 STRIKE & 0.00074999 PREMIUM for a COST/EACH OF 0.00460001
PUT #1985 6 d, 23 h, 0 m 500 @ 0.00560000 STRIKE & 0.00099999 PREMIUM for a COST/EACH OF 0.00460001

statdude

legendary

Activity: 1498

Merit: 1000

Someone PLEASE post some put options!

What this means is you can get either

1) ActiveMining at a LOWER price (you are selling someone else the right to sell AM to you at a lower price than it is currently, in exchange for a "premium" now)
2) High interest while you wait for it to expire on your money

TheJuice

hero member

Activity: 842

Merit: 608

The divs make it fun - "free" BTC show up every week.

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: WildFire.ca on July 26, 2013, 03:47:10 PM

Quote from: dhenson on July 26, 2013, 02:40:58 PM

It's fun to watch the price go nuts but no chance I'm selling a single share until .02, even then I'll probably just sell enough to cover my original investment. I'm in this for the dividends... Those guys that bought in early with AM are receiving ~$15,000/week USD.

I'm just not any good at playing the short trades, I'm sure others can profit by it but I just don't have the time to do it.

I am in this stock for the dividends also. Other then a few very small cash outs to get my principle back on it's way up I intend to hold this stock for the long haul.

the best policy - with hardware sales the divs will be grrrrreat.

WildFire.ca

hero member

Activity: 980

Merit: 503

Quote from: dhenson on July 26, 2013, 02:40:58 PM

It's fun to watch the price go nuts but no chance I'm selling a single share until .02, even then I'll probably just sell enough to cover my original investment. I'm in this for the dividends... Those guys that bought in early with AM are receiving ~$15,000/week USD.

I'm just not any good at playing the short trades, I'm sure others can profit by it but I just don't have the time to do it.

I am in this stock for the dividends also. Other then a few very small cash outs to get my principle back on it's way up I intend to hold this stock for the long haul.

LordMeowMeow

sr. member

Activity: 617

Merit: 250

Will be more difficult to reach .60 with that 50k ask @ .49 on bit funder.

SamuelSG

newbie

Activity: 58

Merit: 0

Quote from: Ozymandias on July 26, 2013, 03:19:30 PM

Quote from: SamuelSG on July 26, 2013, 03:08:31 PM

Quote from: Ozymandias on July 26, 2013, 03:06:06 PM

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

It's certainly fun to watch. Ultimately, the price will go far beyond this, but the retracement should take us back to 0.0045ish. Buying now is like buying btc during the ramp up of the 2011 peak and crash; yes the people who bought during the runnup could have bought cheaper if they waited a bit, but all those that bought (and held from anywhere between $0.01 to $31.91) ended up doing pretty well by today's prices

I couldn't agree more, definitely not buying atm, gonna jump on the fallback with my profits though, I want to have lots of these for the long run.

Ozymandias

sr. member

Activity: 644

Merit: 250

Quote from: SamuelSG on July 26, 2013, 03:08:31 PM

Quote from: Ozymandias on July 26, 2013, 03:06:06 PM

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

It's certainly fun to watch. Ultimately, the price will go far beyond this, but the retracement should take us back to 0.0045ish. Buying now is like buying btc during the ramp up of the 2011 peak and crash; yes the people who bought during the runnup could have bought cheaper if they waited a bit, but all those that bought (and held from anywhere between $0.01 to $31.91) ended up doing pretty well by today's prices

SamuelSG

newbie

Activity: 58

Merit: 0

Quote from: Ozymandias on July 26, 2013, 03:06:06 PM

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

True, and likely quite true, but still a fun ride.

thebitcoiners

newbie

Activity: 22

Merit: 0

Large discrepancy between BTC-TC and Bitfunder. Too bad I'm on Bitfunder Cry

Ozymandias

sr. member

Activity: 644

Merit: 250

Ridiculously low volume though, while I am a ActM bull, this price rise is artificial

SamuelSG

newbie

Activity: 58

Merit: 0

holy shit..........

.006 in seconds, damn.

here we go... Cool

SamuelSG

newbie

Activity: 58

Merit: 0

Quote from: dhenson on July 26, 2013, 02:40:58 PM

Quote from: damiano on July 26, 2013, 02:25:34 PM

Price is rising way to fast

Quote from: damiano on July 26, 2013, 02:37:02 PM

Quote from: SamuelSG on July 26, 2013, 02:30:02 PM

Quote from: damiano on July 26, 2013, 02:25:34 PM

Price is rising way to fast

Get out now then Cheesy

I am enjoying the ride with more or less free money, not going to pull the rip cord yet, way to much fun.

I've been selling a few here and there

It's fun to watch the price go nuts but no chance I'm selling a single share until .02, even then I'll probably just sell enough to cover my original investment. I'm in this for the dividends... Those guys that bought in early with AM are receiving ~$15,000/week USD.

I'm just not any good at playing the short trades, I'm sure others can profit by it but I just don't have the time to do it.

Ive already got original investment back, and some, still holding quite a few.
Slowly increasing the holding portfolio.

But my "day" job is 3 days on, 3 days off, 12 hour nights...
So in my weekends, I cant help but play the fast and fun game with a portion of my BTC holdings.
I spent years of my youth playing games that were little more than spreadsheets at the core, and they never payed me a dime.
I am having 10 times the fun now, and making ~10% a week fairly reliably.

I swear though, gonna have to get a new keyboard soon, this one is 2 weeks old and the number pad is getting soft already Cheesy

Quote from: neilol on July 26, 2013, 02:50:30 PM

Quote from: damiano on July 26, 2013, 02:25:34 PM

Price is rising way to fast

No such thing Wink

I'm with you.
I'm holding some cheap options that say the game is on to ~.006, after that, the real fun starts Wink

Topic: ActiveMining Overview and Speculation Thread - page 70. (Read 168030 times)