Topic: ActiveMining Overview and Speculation Thread - page 71. (Read 168100 times)

Price is rising way to fast

I've been selling a few here and there

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.

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.

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.

Price is rising way to fast

^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.

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 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?

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.

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.

Well just to bring some kind of balance or rebuttal to your information - if for entertainment only:

1. The whole ticket thing and various reactions is because Ken has been hassled non-stop 24/7 with proof here proof there proof everywhere after going to some effort to win back confidence (though ultimately yes, we wouldn't have this situation if his communication was top notch in the first place). I think some people have just got tired of it. This forum witnessed all kinds of documents etc and a member went to visit Ken to investigate and wrote up a report.

....Personally I think demanding for a picture of a ticket was overkill given the timeframe. I think it was appropriate to ask for a "Yes the meeting went well / or not" reply though. We did get that and hopefully a more thorough response will shed more positive news.

2. Ken didn't choose to moderate the AMC thread in the first place from memory. I'm pretty sure it was moderated as the result of a poll taken.

3. As for the direction it has always been clear. It has always been the intention to own a good stake of the global hashrate by the business developing its own machines and building a farm as well as selling machines to the public at a markup. The delivery of intentions was somewhat murky for awhile but right from the start it was plainly stated.

Build next gen machines, buy at manufacturing price, build farm. Build more machines, sell them at markup.

Can't blame you for being queezy but. I feel like you really have had to witness things developing day by day since ~ May to have a good feel on whats going on it has been an interesting rollercoaster to say the least.