Excited for div day.
I wouldn't expect the entire gross estimate; better to have friedcat and co. to keep some to keep that hash power up and running. Anything from 0.02-0.025 would be good enough, use the rest to ensure those payouts stay high and consistent.
Thats the beauty in this business. Its already paid with very few bitcoins needed. Of course it can happen that something other has to be paid but there are no big piles of bitcoins needed. There would no way to invest it now because the 200TH are paid already too.
Im really looking forward to the div... when no investment goes away from it it will be the biggest div ever.
I believe it would not be wise to pay out such a huge divend at once. Even if i dont care about PT share value that much, we would have a lot of pump and dump activity on the exchanges which would add unwanted volatility. Volatility is not something large sharholders and friedcat himself would desire, because for them PT share value is useful as an indicator of company value.
IMO it would be desirable to keep dividends at a constant, slowly growing level. There are two options to go:
- Reinvest. It might be a good time to move away from 130 nm now and invest in next-gen chips. With the available amount of money, AM could develop products that would put everyone alse out of competition.
- Keep BTC in cash for future investments or to pay out later
I'm sure friedcat has figured everything out already. Anyway, I'd really like to read some shareholder opinions about that.
Sorry but i wont vote for keeping divs only for the matter of holding the shareprice stable.
I dont see any problem in a volatile share price. Its always good for someone. For seller or for buyer. And i doubt that friedcat has to value his company on shareprice. The pts arent even official.
Reinvesting for creating lower than 130nm doesnt make sense now too. Simply because its very costly to create and then its costly to build such asics. Its way more efficient to build the actual asics in bigger quantities instead building better asics.
Its not needed to keep BTC for future investments now. Everything is paid and its very easy to pay future things with coming dividends.
By the way im a shareholder...
Yes, you are obviously a share holder from what I read in this forum
I actually value your comments and effort around AM a lot.
However, correct me if I'm wrong, I'm pretty sure you are not an early investor in AM. Observing this company from when it all started, I cannot help to be slightly annoyed with what is going on on this forum. All the new guys here looking for quick profit, trading PT shares and discussing it over and over again. Let me tell you this: All of it does not matter for friedcat and his team. The only thing which might be interesting for them is to get some idea about the market valuation of their magnificent work. Most early investors should feel the same way. They want to see sustainable, constant growth and no price peaks because of silly PT trading.
I dont have enough data to tell if it makes sense to invest in next-gen chips now. Neither have you. Of course AM should and will max out the current technology, but that doesnt mean they should not invest into next-gen when massive funds are available. Liquidity might not always be as good as today, you know. And that's the reason why holding back dividends could also make sense.
. I don't really care if all his predictions came to be even though I am a shareholder. I just hope it happens the other way around just to invoke more rant posts <3