no one in their right mind would sell right now. we all know it will be 5.5 after dividends are announced.
comments like this make me want to sell 50%
Topic: ASICMINER Speculation Thread - page 213. (Read 808847 times)
comments like this make me want to sell 50%
no one in their right mind would sell right now. we all know it will be 5.5 after dividends are announced.
Here's what I anticipate will happen within the next 48 hours. Someone(s) will decide to cash in a fuck ton of shares, which in turn will initiate a panic sale on behalf of the newbs, which I would not be surprised if it bottoms out as low as 2.5. Then the high rollers will swoop in before the dividend is announced (which apparently is going to be epic this week) and attempt to regain the shares that they sold plus a few extras at a lower price, thus securing them a hefty dividend, and a little profit to do with what they will. Then again, I could be totally wrong.
Someone already cashed in one of those* an hour or so ago. The wall is already half eaten, and the price on the exchanges is already back over 4.5.
*1000 AM shares = 1 metric fuck ton.
Maybe 10 Metric fuck tons then.
The only person both rich enough and just-take-my-bitcoins-I-never-loved-them-anyway enough to sell MFTs in that particular way only has 6.5 MFTs left, and he to needs to keep 5 MFTs to hang on to his board seat.
Here's what I anticipate will happen within the next 48 hours. Someone(s) will decide to cash in a fuck ton of shares, which in turn will initiate a panic sale on behalf of the newbs, which I would not be surprised if it bottoms out as low as 2.5. Then the high rollers will swoop in before the dividend is announced (which apparently is going to be epic this week) and attempt to regain the shares that they sold plus a few extras at a lower price, thus securing them a hefty dividend, and a little profit to do with what they will. Then again, I could be totally wrong.
Well, I disagree. I think there is little relevance of "panic sale from newbs" in AM, far less than in many other things in BTC, and beyond in life.
We'll see quickly anyway. My guess is we'll pass 5 tonight or tomorrow.
Here's what I anticipate will happen within the next 48 hours. Someone(s) will decide to cash in a fuck ton of shares, which in turn will initiate a panic sale on behalf of the newbs, which I would not be surprised if it bottoms out as low as 2.5. Then the high rollers will swoop in before the dividend is announced (which apparently is going to be epic this week) and attempt to regain the shares that they sold plus a few extras at a lower price, thus securing them a hefty dividend, and a little profit to do with what they will. Then again, I could be totally wrong.
Someone already cashed in one of those* an hour or so ago. The wall is already half eaten, and the price on the exchanges is already back over 4.5.
*1000 AM shares = 1 metric fuck ton.
Maybe 10 Metric fuck tons then.
Someone(s) will decide to cash in a fuck ton of shares, which in turn will initiate a panic sale on behalf of the newbs, which I would not be surprised if it bottoms out as low as 2.5.
Someone already cashed in one of those* an hour or so ago. The wall is already half eaten, and the price on the exchanges is already back over 4.5.
*1000 AM shares = 1 metric fuck ton.
Here's what I anticipate will happen within the next 48 hours. Someone(s) will decide to cash in a fuck ton of shares, which in turn will initiate a panic sale on behalf of the newbs, which I would not be surprised if it bottoms out as low as 2.5. Then the high rollers will swoop in before the dividend is announced (which apparently is going to be epic this week) and attempt to regain the shares that they sold plus a few extras at a lower price, thus securing them a hefty dividend, and a little profit to do with what they will. Then again, I could be totally wrong.
he should have set the price at the 24 hr high, I hate it when he holds the price down like this.
Buy into his wall then and liquidate when the wall is eaten.
if I had the coins, I would, but I can't. And now, the price is lower on the PTs than his wall, so no good getting coins, there, either. His minimum is 20 shares, I don't have the liquid coins for that.
anyways, already ~500 shares sold.
Actually the btct ask price is now back over 4.5, probably people just bought at the auction putting them up for sale.
he should have set the price at the 24 hr high, I hate it when he holds the price down like this.
Buy into his wall then and liquidate when the wall is eaten.
if I had the coins, I would, but I can't. And now, the price is lower on the PTs than his wall, so no good getting coins, there, either. His minimum is 20 shares, I don't have the liquid coins for that.
anyways, already ~500 shares sold.
he should have set the price at the 24 hr high, I hate it when he holds the price down like this.
Buy into his wall then and liquidate when the wall is eaten.
he should have set the price at the 24 hr high, I hate it when he holds the price down like this.
It's for the best bro. It will satisfy the bubble fear mongering.
he should have set the price at the 24 hr high, I hate it when he holds the price down like this.
With Jutarul's auction of [email protected] today anchoring the price I think it will stay at 4.5 for the next week...I'm happy with the possible stability resulting from this.
If the wall get's eaten in a day or two...hold on for the ride because we are going up up up.
If the wall get's eaten in a day or two...hold on for the ride because we are going up up up.
Pending 0.04 dividend, get ready for a ride
With Jutarul's auction of [email protected] today anchoring the price I think it will stay at 4.5 for the next week...I'm happy with the possible stability resulting from this.
If the wall get's eaten in a day or two...hold on for the ride because we are going up up up.
If the wall get's eaten in a day or two...hold on for the ride because we are going up up up.
I too disagree with a valuation of AM based on BTC market cap vs total number of coins in existence. Neither metric has much to do with the worth of the company itself
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
Many people are risking already, just leaving their bitcoin in their wallet because they're waiting for BTC to hit 500, 1000, or 10000. If they have it sitting there, 15% is enough incentive to lose the ability to cash it into FIAT instantly, so long as they believe in the long-term growth of bitcoin. That's why we saw AM drop 0.3 in price the first time BTC crashed, but barely as much thereafter.
That's my approach. I hate cashing out into FIAT because I may miss that critical moment when/if bitcoin goes supernova. If I can gamble and let the good times roll at the same time (15% is good times) I'm pretty stoked personally.
I have ask walls set up between 5+ to 7+ and I sincerely hope I never see my shares sold because I do enjoy the dividends and the last thing I want to see is an AM bubble like we had with BTC not so long ago
If you are putting your shares up for sale between 5 and 7, then I predict you will sell a lot of shares. Will reduce your dividends a bit, but you'll probably be able to buy the shares back in a few months, and that will more than make up for the loss of dividends.
As with all things bitcoin, "we'll see"
accurate predictions are almost impossible to come across. There was nobody predicting a 4+ BTC price when I bought at 2.5, people were saying it was "expensive" and there was a big wall there. Poppycock. I too disagree with a valuation of AM based on BTC market cap vs total number of coins in existence. Neither metric has much to do with the worth of the company itself
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
I posted earlier about something which bears repeating. Even on the most bullish of my estimates, (based on 0.03 sustained dividend and acceptable yield of 20%)...the absolute maximum price I can see AM is at 7.3 BTC per. On more conservative premises I was predicting a maximum reasonable price of 5.3 per, though we could exceed this price in the short term.
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
I posted earlier about something which bears repeating. Even on the most bullish of my estimates, (based on 0.03 sustained dividend and acceptable yield of 20%)...the absolute maximum price I can see AM is at 7.3 BTC per. On more conservative premises I was predicting a maximum reasonable price of 5.3 per, though we could exceed this price in the short term.
I think 5-6 BTC/share is what we can expect if AM continue to outperform their competitors. But I expect the price to bubble higher than that. Everyone's looking for the "next big thing", and since BTC itself looks as though it could slide to $80 or below, people are keen to increase their BTC holdings. Nothing like healthy dividends over the next 6 months to persuade people this is the right place to be.
I too disagree with a valuation of AM based on BTC market cap vs total number of coins in existence. Neither metric has much to do with the worth of the company itself
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
I posted earlier about something which bears repeating. Even on the most bullish of my estimates, (based on 0.03 sustained dividend and acceptable yield of 20%)...the absolute maximum price I can see AM is at 7.3 BTC per. On a more conservative premise I was predicting a maximum reasonable price of 5.3 per, though we could exceed this price in the short term.
I have ask walls set up between 5+ to 7+ and I sincerely hope I never see my shares sold because I do enjoy the dividends and the last thing I want to see is an AM bubble like we had with BTC not so long ago
I take a dividend yield approach but I personally do not think that for the forseeable future, an investor would accept 10-15% yield as acceptable. The reason simply being that bitcoin itself (rather than AM, the company) is too risky for an investor to accept anything less than 20% (I'm more in favour of using the coinlender rate as a baseline, which is already higher at arguably less risk)
I posted earlier about something which bears repeating. Even on the most bullish of my estimates, (based on 0.03 sustained dividend and acceptable yield of 20%)...the absolute maximum price I can see AM is at 7.3 BTC per. On a more conservative premise I was predicting a maximum reasonable price of 5.3 per, though we could exceed this price in the short term.
I have ask walls set up between 5+ to 7+ and I sincerely hope I never see my shares sold because I do enjoy the dividends and the last thing I want to see is an AM bubble like we had with BTC not so long ago
Nice but over time you will notice people are more and more willing to accept lower APR from AM. It's heading into blue-chip territory. In 6 months I expect 0.03 is common-place and AM is so trusted that 10-15% APR is acceptable, giving us a value somewhere between 11 and 16 BTC.
That theory is dependant on continued, consistent 0.02 dividends, an increase to 0.03 (based on the 800TH-1000TH plan), future competitors continuing to delay/take a dump, and BTC not going to the moon (hard to explain, but it's important BTC stays around 100-200), and nothing substantially safer/profitable showing up (unlikely to have both characteristics).
That theory is dependant on continued, consistent 0.02 dividends, an increase to 0.03 (based on the 800TH-1000TH plan), future competitors continuing to delay/take a dump, and BTC not going to the moon (hard to explain, but it's important BTC stays around 100-200), and nothing substantially safer/profitable showing up (unlikely to have both characteristics).
yes, I agree, but right now, 30% seems to be the line, maybe 25%. I predict a dividend close to .03 for a while, maybe as high as .035, so I think 5 btc is a fair value right now.
If you take the total valuation of all BTC stocks, it greatly exceeds the total amount of bitcoins in existence. If you tried to sell every stock that exists, right now, for the current bid, you would need over 100 million bitcoins to purchase them.
That's what you would call a bubble
No different than real life. The dollars in your bank are only worth something until you try to claim too many of them.
Or any market with low liquidity. Think of real estate: if you put on sell half of a country houses, price will plummet and be nothing like the value assumed under "normal conditions", that is, when there is relatively little to sell compared to the overall quantity in existence.
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