Price is rising way to fast
No such thing
Topic: ActiveMining Overview and Speculation Thread - page 71. (Read 168030 times)
Price is rising way to fast
Price is rising way to fast
Get out now then 
I am enjoying the ride with more or less free money, not going to pull the rip cord yet, way to much fun.
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.
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.
Price is rising way to fast
Get out now then
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
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?
Realistically you should do some reading about how to value securities.
Answers predicting share price you are going to get will mean almost nothing. It could be worth 0 is Ken fails in numerous ways. Theoretical high if everything goes absolutely right? Similar market cap to ASICMINER I'd say ($150+ million now?, divided by total ActiveMiner shares would give you price per share).
It's all in the probability and risk you assign to those events happening, that along with where this risk level fits into your portfolio and tolerance determines what YOU are willing to pay for this asset today.
Realistically i have read and have knowledge about valuing securities.
I've been invested in AMC/ActiveMining since early May. I would say i hold a significant amount of shares well over 100k. I just wanted to see what the public opinion was in regards to how much the share prices could go up. I am sure everyone has a good idea of how much it would be valued at after the 20k chips deploy which should be happening soon as i have seen China and European group buys have been receiving chips the past week or two. It's always nice to talk about and play around with numbers to see how this investment turns out for us. It's been a fun ride so far and i am excited to see where this goes from here on out.
Price is rising way to fast
Get out now then
I am enjoying the ride with more or less free money, not going to pull the rip cord yet, way to much fun.
Price is rising way to fast
Personally, my magic number for ActM based on current plans is around 0.02 per share (very similar to dhenson's estimate). A valuation of 0.02 per share would represent approximately 5.5% of the network which seems very reasonable even if the 28nm chips are delayed a month or two past current projections.
Comparing to ASICminer also has the interesting side effect of being prone to ASICminer's over or under valuedness (I know it's not a word but bear with me). If ASICminer bears are correct and ASICminer is overvalued than my estimate of 0.02 per share is also too high, but, if the ASICminer bulls are correct, then my estimate of 0.02 is too low.
EDIT: just because I like playing with math
400,000*4.6 = 1,840,000btc = 20% of network + hardware sales
25,000,000 * 0.02 = 500,000btc
500,000/1,840,000 = 0.272
0.272*(20% of network + hardware sales) = 5.4% of network + ~1/4 of ASICminer hardware sales
If network is 1 petahash/s by december, Active Mining would need 54th/s or (54,000gh/s / 16gh/s/chip) = 3375 chips.
Admittedly I don't know what the exact numbers behind "low volume" is for chips produced in q4 of 2013, but ~3400 chips does not seem like too many.
Critiques welcome!
Comparing to ASICminer also has the interesting side effect of being prone to ASICminer's over or under valuedness (I know it's not a word but bear with me). If ASICminer bears are correct and ASICminer is overvalued than my estimate of 0.02 per share is also too high, but, if the ASICminer bulls are correct, then my estimate of 0.02 is too low.
EDIT: just because I like playing with math
400,000*4.6 = 1,840,000btc = 20% of network + hardware sales
25,000,000 * 0.02 = 500,000btc
500,000/1,840,000 = 0.272
0.272*(20% of network + hardware sales) = 5.4% of network + ~1/4 of ASICminer hardware sales
If network is 1 petahash/s by december, Active Mining would need 54th/s or (54,000gh/s / 16gh/s/chip) = 3375 chips.
Admittedly I don't know what the exact numbers behind "low volume" is for chips produced in q4 of 2013, but ~3400 chips does not seem like too many.
Critiques welcome!
^Sounds about as accurate of an estimate as we can have right now.
Btw, I'm off on vacation camping for the next week....can you guys try not to break anything while I'm away?
Ideally I'd like to go away for a week in the woods with no internet and come back to everything being just I left it.
That goes for the price of bitcoin as well.
Btw, I'm off on vacation camping for the next week....can you guys try not to break anything while I'm away?
Ideally I'd like to go away for a week in the woods with no internet and come back to everything being just I left it.
That goes for the price of bitcoin as well.
If you want I can hold on to your shares for you while you're away.
^Sounds about as accurate of an estimate as we can have right now.
Btw, I'm off on vacation camping for the next week....can you guys try not to break anything while I'm away?
Ideally I'd like to go away for a week in the woods with no internet and come back to everything being just I left it.
That goes for the price of bitcoin as well.
Btw, I'm off on vacation camping for the next week....can you guys try not to break anything while I'm away?
Ideally I'd like to go away for a week in the woods with no internet and come back to everything being just I left it.
That goes for the price of bitcoin as well.
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.
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?
Realistically you should do some reading about how to value securities.
Answers predicting share price you are going to get will mean almost nothing. It could be worth 0 is Ken fails in numerous ways. Theoretical high if everything goes absolutely right? Similar market cap to ASICMINER I'd say ($150+ million now?, divided by total ActiveMiner shares would give you price per share).
It's all in the probability and risk you assign to those events happening, that along with where this risk level fits into your portfolio and tolerance determines what YOU are willing to pay for this asset today.
1-2 months I would say an easy 0.01
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?
Good news!
Shareholder Update:
Hello everyone, I wanted to give a quick update to every investor as it pertains to this week’s proceedings.
We had several meetings yesterday, namely the meeting with eASIC which went extremely well. The ground work has been laid and everything is in motion for the NRE as planned down to the smallest of details. I caution everyone that it will take us a couple of weeks to complete the painstaking process of getting all the funds converted and on to eASIC. Please understand for business and legal reasons that we cannot go into any more detail at this time. I would like to say that the future for Active Mining and its shareholders is exceptionally bright and I am over enthused with how this week has played out. An official announcement will be released in due course.
Kenneth E. Slaughter, CEO/CTO
Virtual Mining Corporation
Active Mining Corporation
Has anyone else noticed that there is < 200 btc worth of shares available on the ask side of the order book before .01/share? The switch to ACTM on btct.co has effectively erased the Ask ceiling.
If the report comes out today regarding the eAsic NRE being paid, things could get interesting.
If the report comes out today regarding the eAsic NRE being paid, things could get interesting.
I did NOT notice that... Very interesting...
C'mon, Ken!
Has anyone else noticed that there is < 200 btc worth of shares available on the ask side of the order book before .01/share? The switch to ACTM on btct.co has effectively erased the Ask ceiling.
If the report comes out today regarding the eAsic NRE being paid, things could get interesting.
If the report comes out today regarding the eAsic NRE being paid, things could get interesting.
Sorry to spoil the party - in this thread, I'm still going to use AM :-P I have no interest in ASICMiner, old, slow, boring, high power consumption, ASIC technology (lol)
The technology isn't really the point, we all know ACTM's technology is (will be) superior. The fact remains, however, that ASICMiner is already on the market, and you will only confuse people if you use their abbreviation when referring to ACTM.
How much more efficient is the Active mining hardware reported to be? Also isn't AsicMiner working on better hardware as well?
Yeah thats fine, I was interested in what you had to say
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