|
tinus42
|
 |
July 02, 2013, 02:47:08 PM |
|
i just cashed out, bought in at ~2.5 and sold at ~4.5. Happy with a ~80% ROI. I have a feeling btc/fiat is about to rebound driving investors back to the fiat exchanges and taking there btc with them. I dont think the div is going to be amazing either prob around 0.015. My reasoning behind this is that friedcat has always been very vocal about hw sales prior to div's going out. There hasn't been a pip from him in a while on the forums. The presentation from china is all about hash rate expansion plans and all these lean to happening in q3-4. This leads me to believe alot of the hype we saw over the last two weeks will cause a sell off after the div lands as those speculative investors realise they aren't going to make a quick profit. Good luck to everyone tho, will be back @3ish  edited: because I clearly cant count I hope you are right. I'm sorry for selling 33 microshares. Hope I can buy them back cheap. |
|
|
|
|
|
velacreations (OP)
|
|
July 02, 2013, 02:48:29 PM |
|
and there goes the rise, 4.61 and moving fast...
|
|
|
|
|
ianp
|
|
July 02, 2013, 02:50:50 PM |
|
and there goes the rise, 4.61 and moving fast...
10 sold for 4.79 BTC earlier on btct.co. |
|
|
|
|
|
|
|
empoweoqwj
|
|
July 02, 2013, 03:07:45 PM |
|
Sing along now, "Another wall bites the dust" ..... (sure you can do better!) |
|
|
|
|
|
KarmaShark
|
|
July 02, 2013, 03:47:45 PM |
|
ASICMINER direct shares now have sold for 4.9฿ in the live auction running now.
With Div's 24hrs away, I suspect those 4.9฿ shares to go quick, whatever is left of them.
|
|
|
|
|
|
velacreations (OP)
|
|
July 02, 2013, 05:40:18 PM |
|
I think I'm gonna start a sale for 50 shares for 6 btc/share.
24 hours, flat price.
What do you guys think?
|
|
|
|
notme
Legendary
 Offline
Activity: 1904
Merit: 1002
|
|
July 02, 2013, 05:42:16 PM |
|
I think I'm gonna start a sale for 50 shares for 6 btc/share.
24 hours, flat price.
What do you guys think?
I think it doesn't matter what we think. I think you should start your sale and see what the market thinks. |
|
|
|
MrBubbles007
Newbie
Offline
Activity: 38
Merit: 0
|
|
July 02, 2013, 05:44:58 PM |
|
I think I'm gonna start a sale for 50 shares for 6 btc/share.
24 hours, flat price.
What do you guys think?
I'd do 25 at 5.3 btc/share and another 25 at 6, that way if the price just goes up a little bit more and drops again, you can buy the same shares back and have left over profit |
|
|
|
|
|
velacreations (OP)
|
|
July 02, 2013, 05:46:47 PM |
|
I'd do 25 at 5.3 btc/share and another 25 at 6, that way if the price just goes up a little bit more and drops again, you can buy the same shares back and have left over profit I like the way you think! |
|
|
|
Eric Muyser
Full Member
Offline
Activity: 224
Merit: 100
You can't kill math.
|
|
July 02, 2013, 06:03:04 PM |
|
I think I'm gonna start a sale for 50 shares for 6 btc/share.
24 hours, flat price.
What do you guys think?
I'd do 25 at 5.3 btc/share and another 25 at 6, that way if the price just goes up a little bit more and drops again, you can buy the same shares back and have left over profit and what if it doesn't go back down? I'm not saying it won't, lol, but that would *kind of* suck, and it's happened to me. |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
|
|
|
|
velacreations (OP)
|
|
July 02, 2013, 06:09:09 PM |
|
and what if it doesn't go back down? I'm not saying it won't, lol, but that would *kind of* suck, and it's happened to me.
yeah, you are right, I should put the price at 7 btc... |
|
|
|
Eric Muyser
Full Member
Offline
Activity: 224
Merit: 100
You can't kill math.
|
|
July 02, 2013, 06:25:24 PM |
|
and what if it doesn't go back down? I'm not saying it won't, lol, but that would *kind of* suck, and it's happened to me.
yeah, you are right, I should put the price at 7 btc... That's not what I said but alright. Man I hope we don't see 7 BTC cause short of a 0.05 dividend that is entering bubble burst territory. |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
|
|
|
canth
Legendary
Offline
Activity: 1442
Merit: 1001
|
|
July 02, 2013, 06:32:55 PM |
|
and what if it doesn't go back down? I'm not saying it won't, lol, but that would *kind of* suck, and it's happened to me.
yeah, you are right, I should put the price at 7 btc... That's not what I said but alright. Man I hope we don't see 7 BTC cause short of a 0.05 dividend that is entering bubble burst territory. +1. This is mostly being fueled by lack of a reasonable alternative for BTC investments. It seems like AM will continue to rise until they get a competitor, at which point the bubble will burst. They're probably fairly valued now, but at 7? 10? That's a long fall back to 4.5-5BTC/share. |
|
|
|
|
velacreations (OP)
|
|
July 02, 2013, 06:43:08 PM |
|
.04 dividend = 30% APR at 6.9 btc/share
|
|
|
|
|
Strange Vlad
|
|
July 02, 2013, 06:55:27 PM |
|
I'm guessing next divs will likely be between 0.03 and 0.04BTC.
And if price continues to rise so fast, I'd be forced to start selling at 6BTC, because this is really getting sort of bubbly...
|
Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
|
|
|
|
empoweoqwj
|
|
July 02, 2013, 06:56:54 PM |
|
I think I'm gonna start a sale for 50 shares for 6 btc/share.
24 hours, flat price.
What do you guys think?
why would people pay 6 btc/share when they aren't even 5 yet on btct? Just saying ..... I know there is a small "dividend" for direct sales on auction but its not 1 btc/share. Its tough when the price is rising constantly. I'd probably hold a 48-hour auction, start at 5, but I think 5 is around "fair value" now and I don't think the price can keep climbing much higher unless say dividends come out way better than expected. |
|
|
|
|
Eric Muyser
Full Member
Offline
Activity: 224
Merit: 100
You can't kill math.
|
|
July 02, 2013, 06:58:49 PM |
|
.04 dividend = 30% APR at 6.9 btc/share
Unsustainable at current network share. We'll see one month of glory but after...? It won't crash if they bring the hashrate up to 35%+ and/or continue major sales, but I suspect sales won't last longer than 3-4 weeks until the next batch. Something needs to change to sustain 7 BTC. |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
|
|
|
|
helixone
|
|
July 02, 2013, 07:07:17 PM |
|
I'm guessing next divs will likely be between 0.03 and 0.04BTC.
And if price continues to rise so fast, I'd be forced to start selling at 6BTC, because this is really getting sort of bubbly...
This increase in price is being driven by demand from "new money" finding out about AM, largely as a result of recent press conferences and news coverage in mainland China. Do not underestimate the buying power there. We are destined for an end price that is by my historical btc-assets metrics overpriced. With what we know now, I would consider 5.75 a conservative "fair value", but even at 5.75, we are looking at a PE of only 7.37, which could still be considered very undervalued by traditional metrics for tech/semiconductor stocks. http://biz.yahoo.com/p/8conameu.htmlIE: I am not planning on racing for the exits any time soon, as one can leave a lot of money on the table if you exit at the first sign of overvaluation. AM is *THE* btc stock to own, and that will drive up the price to levels many of us will feel uncomfortable with. -helixone |
|
|
|
|
chkgk
Member
Offline
Activity: 63
Merit: 10
|
|
July 02, 2013, 07:44:43 PM |
|
Tomorrow is Wednesday, so here we go again: I predict the dividend to be close to 0.02329748, which would leave us with a ~30% yield given a share price of 4,85. Having said this, I do not believe believe any dividend > 0.020 to be sustainable with upcoming competition in terms of hardware sales. Thus, I think anything above 4.85btc/share means people either have a risk premium < 30% or are overvaluing the company. EDIT: close to 0.25btc spread on btct  |
|
|
|
|
|
