Topic: [PETAMINE] Share Price Speculation Thread (Read 3369 times)
0.00040211 btc/share, it's on havelock.
It's been 3 days since we had breathtakingly good news. I'm selling everything.
Your move turned out to be very well timed.
Both lack of deployment progress and recent Havelock issues are weighing on the price.
Actually I would of thought that was sarcasm
selling shares @ 25% less than a day ago because first weeks deployment a little slower (although still on track with schedule written on site) is very short-sighted.
It was sarcasm. *sigh*
Sorry, I was sure you had managed to sell around 0.11-0.115
It's been 3 days since we had breathtakingly good news. I'm selling everything.
Your move turned out to be very well timed.
Both lack of deployment progress and recent Havelock issues are weighing on the price.
Actually I would of thought that was sarcasm
selling shares @ 25% less than a day ago because first weeks deployment a little slower (although still on track with schedule written on site) is very short-sighted.
It was sarcasm. *sigh*
OOO new miners coming on line
Yes, we should be 220TH (before increase to 700TH) now instead of 50TH.
So what he announced 700th, but that are only words - we still have only 50th currently
Yes, still at 50th. But we would be at 50th no matter what the initial promise was - 220 or announced 700, now all depend on how fast the production at bitmine.ch is. Hope is, that special production line Bitmine opened for Petamine will keep with deployment plan. Strange that no new devices arrived this week. So what he announced 700th, but that are only words - we still have only 50th currently
It's been 3 days since we had breathtakingly good news. I'm selling everything.
Your move turned out to be very well timed.
Both lack of deployment progress and recent Havelock issues are weighing on the price.
Actually I would of thought that was sarcasm
selling shares @ 25% less than a day ago because first weeks deployment a little slower (although still on track with schedule written on site) is very short-sighted.
Yes, we should be 220TH (before increase to 700TH) now instead of 50TH.
So what he announced 700th, but that are only words - we still have only 50th currently
So what he announced 700th, but that are only words - we still have only 50th currently
It's been 3 days since we had breathtakingly good news. I'm selling everything.
Your move turned out to be very well timed.
Both lack of deployment progress and recent Havelock issues are weighing on the price.
The AM PE ratio is not a good comparison at the moment. At it's peak it was about 30% yield. But now all the people who bought in are just holding out of desperation rather than expecting a decent return.
AM shareholders are holding because of high expectations on return from gen3 hardware.About yield, you're right - it was about 30%. That was I used in my post above.
I'd like to see the math on that, i'm pretty sure that if you take into account the btc price change and bought in at IPO of .1, the P/E is alot higher than 30%. the prices peaked at 4.5 to 5 BTC per share.
With that kind of earnings, what kind of PE ratio are we looking at for the company ... in this industry?
I googled PE ratio in general, and read that on average it's 20-25 times earnings.If we use that yield to be 33% of the share price, that gives 0.27 btc/share
25% -- 0.36 btc/share
25% -- 0.36 btc/share
Don't expect that for a company in bitcoin mining bussiness. Not yet. All ppl here are only for a quick profit.
PE ratio in this industry is about 3-4 times - if we look at data for ASICMiner:
15.07.2013 - share price: 4.5; divs: 0.025; projected per year: 1.3; PE: 3.5
15.08.2013 - share price: 3.9; divs: 0.021; projected per year: 1.1; PE: 3.5
09.09.2013 - share price: 2.2; divs: 0.014; projected per year: 0.7; PE: 3.1
The AM PE ratio is not a good comparison at the moment. At it's peak it was about 30% yield. But now all the people who bought in are just holding out of desperation rather than expecting a decent return.
AM shareholders are holding because of high expectations on return from gen3 hardware.About yield, you're right - it was about 30%. That was I used in my post above.
I'd like to see the math on that, i'm pretty sure that if you take into account the btc price change and bought in at IPO of .1, the P/E is alot higher than 30%. the prices peaked at 4.5 to 5 BTC per share.
It's been 3 days since we had breathtakingly good news. I'm selling everything.
I used $0.1/kwh. Can go lower, $0.05/kwh. Bitcoin only at $1'000'000 to support that. I'll still be good with my 1btc 
(well, maybe better I buy 2 now
And power used - 4'000 GW. What capacity are nuclear plants? 1GW? Ah, just 4'000 nuclear power plants for bitcoin network. No problem.
Oh, no, what wikianswers says - there are only 439 nuclear reactors in the world?
(well, maybe better I buy 2 now And power used - 4'000 GW. What capacity are nuclear plants? 1GW? Ah, just 4'000 nuclear power plants for bitcoin network. No problem.
Oh, no, what wikianswers says - there are only 439 nuclear reactors in the world?
I stopped reading at
So, the network hashrate in April will grow for 50'000 TH.
1'700 TH added per day?
Quote
For the rest of this post, i will assume that the network hashrate will grow at a constant rate of 80% per month.
So, the network hashrate in April will grow for 50'000 TH.
1'700 TH added per day?
sure, next month 2,400 TH added per day, the next month 4,8000 TH per day, the month after 8,600 TH per day, the month after 17,200 per day, month after 34,400 per day, 64,800 , 128,600. everything can be totally exponential
December ends with 11'500'000 TH. How much electricity is needed to run this? With chips at 28nm technology using ~1J/GH?
Bitcoin has to be at $8000 by then, just to cover electricity cost.(at $0.1 per kwh)
I don't need mining then, I'll go now and buy 1BTC, and I'm good. For life! (with constant 80% increase, bitcoin HAS to be over $2'000'000 in 2015, even with new chips 0.3J/GH)
The AM PE ratio is not a good comparison at the moment. At it's peak it was about 30% yield. But now all the people who bought in are just holding out of desperation rather than expecting a decent return.
AM shareholders are holding because of high expectations on return from gen3 hardware.About yield, you're right - it was about 30%. That was I used in my post above.
The AM PE ratio is not a good comparison at the moment. At it's peak it was about 30% yield. But now all the people who bought in are just holding out of desperation rather than expecting a decent return.
We will have first dividend this Friday. Hope the share price will increase after.
CryptX announced, dividend will be paid this Friday, Feb 28th.
and shares a bit higher
but only progress on deployment can really entice new buyers.
That was with btc at $1000 (new hardware priced in $ - less bitcoins go to reinvest and hosting, more for dividends)
Updated spreadsheet linked. If you are interested in a quick look at what dividends it calculates - 0.078btc/share.
I changed few things, mostly btc exchange rate. Set that at $550, and with 1% increase/10 days. Goes to $750 in 2015. Somehow low
https://docs.google.com/spreadsheet/pub?key=0AqR6B1kLN7bvdF9EemNGeVBKdDE5MWZtdkFBYk9SY3c&output=html&richtext=true
That second question now is, at what price will shares be?
If 0.078 is annual dividend, and we (shareholders) settle with a PE of 4 (yield 25%), it's 0.312 btc/share.
I changed few things, mostly btc exchange rate. Set that at $550, and with 1% increase/10 days. Goes to $750 in 2015. Somehow low
https://docs.google.com/spreadsheet/pub?key=0AqR6B1kLN7bvdF9EemNGeVBKdDE5MWZtdkFBYk9SY3c&output=html&richtext=true
That second question now is, at what price will shares be?
If 0.078 is annual dividend, and we (shareholders) settle with a PE of 4 (yield 25%), it's 0.312 btc/share.
If you use the original PETAMINE forecast and just move the dates for a 700TH/s start in April you get an annual dividend of 0.132. check it out
CryptX announced, dividend will be paid this Friday, Feb 28th.
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