This is my last post till after the weekend as this is literally a trollfest. And paid for by the opposition it seems.
At the beginning of August btc was approx 100USD and ACtM shares were at .0050 (BF) giving a market cap (on 25mill shares) of 125,000 btc or 12.5Mill USD.
Today at the beginning of Sep btc is approx 145 and ACtM shares are at 0.0035 giving a market cap of 87,500 btc or 12.7MIll USD.
So there is no sell off, the equity value remains static. This is how free markets operate. If you look at the share price and ignore underlying value (ie btc) you are an idiot. Or a troll.
The problem is though, is that LC is going to shoot up in price over the next 2 weeks while ActM is going to go down due to lack of action. AM looks to be remaining around 2.5 BTC.
The smart people will be switching to LC, raking in the profits, then switching back to ActM and raking in the profits again. Those saying otherwise are trying to trick you into holding the bag. ActM is going to be stagnant for a couple of months until they get samples around November at the earliest and LC will have around 50 Th/s by then. If the network was at 1 Ph/s, 50 Th/s would represent 5%, so LC should be worth at least 0.05 BTC while ActM will still be around between 0.0025 BTC and 0.005 BTC. At that point, the smart people will be selling their LC shares and buying ActM.
You can keep saying there aren't enough shares while the smart people sell their ActM and buy Labcoin in batches of small quantities in order to limit their effect on the price.