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ArcticWolf
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July 22, 2013, 11:59:58 PM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
I could use some more cheap shares  |
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neilol
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July 23, 2013, 12:02:18 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
I could use some more cheap shares I feel the same way - trigger is ready for a whale dump |
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somestranger
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July 23, 2013, 12:49:23 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
I think your speculation is WAY off base. There are not even many Chinese Bitcoin users and most of them don't have many coins, let alone enough to have a securities portfolio and invest in ActiveMining. Also, why would they be investing in an American company when they have ASICMINER in their country? |
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dhenson
Legendary
 Offline
Activity: 994
Merit: 1000
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July 23, 2013, 01:04:51 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment. It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment. Anyone thinking of profit taking at this time, in my opinion will regret it later. Let's for a second talk about chip sales. If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week). Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit. Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc). That's an incredible .028886/share/year! Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year. And that's ONLY counting chip sales. Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment. The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here. I personally won't be profit taking until .02 |
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Streets 2.0 (OP)
Full Member
Offline
Activity: 490
Merit: 101
FRX: Ferocious Alpha
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July 23, 2013, 01:13:33 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment. It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment. Anyone thinking of profit taking at this time, in my opinion will regret it later. Let's for a second talk about chip sales. If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week). Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit. Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc). That's an incredible .028886/share/year! Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year. And that's ONLY counting chip sales. Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment. The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here. I personally won't be profit taking until .02 You should feel good about your position and not feel guilty about it. I don't know about you, but in the last 24 hours I have increased my position by almost 60% of this writing. There is a lot more to come... selling at this point is not something I would advise. |
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FloatesMcgoates
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July 23, 2013, 01:17:21 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment. It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment. Anyone thinking of profit taking at this time, in my opinion will regret it later. Let's for a second talk about chip sales. If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week). Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit. Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc). That's an incredible .028886/share/year! Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year. And that's ONLY counting chip sales. Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment. The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here. I personally won't be profit taking until .02 Actual business plans are only half the battle when dealing with this particular stock. As an on again off again shareholder/speculator one of the main concerns I am sure many people have is Kenneth's lackluster communication skills. How effective the new "board" will be at fixing this particular issue will have a major impact on stock price. |
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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July 23, 2013, 06:16:48 AM |
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What a weird day... Amazing movement (~60% increase on the day) and not much chatter.
I guess everyone is just waiting on news.
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ArcticWolf
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July 23, 2013, 06:22:21 AM |
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What a weird day... Amazing movement (~60% increase on the day) and not much chatter.
I guess everyone is just waiting on news.
Won't be too much news until after Ken meets with eAsic on Wednesday |
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MonkeyMarcel
Member
Offline
Activity: 97
Merit: 10
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July 23, 2013, 06:29:01 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment. It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment. Anyone thinking of profit taking at this time, in my opinion will regret it later. Let's for a second talk about chip sales. If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week). Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit. Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc). That's an incredible .028886/share/year! Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year. And that's ONLY counting chip sales. Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment. The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here. I personally won't be profit taking until .02 *Drooling Yes, I am holding until 1 to 2 months after the first miner has been shipped and is in hands of customers (I will be one on them). I think that is when the stock price will be the highest. |
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physalis
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July 23, 2013, 09:05:34 AM |
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What's going on? Somebody is hitting all the bids on bitfunder. Down to 0.0016 so far
Some bad news I have missed?
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ArcticWolf
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July 23, 2013, 09:12:31 AM |
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What's going on? Somebody is hitting all the bids on bitfunder. Down to 0.0016 so far
Some bad news I have missed?
No news at all. If I were home I'd be buying like crazy and tendering them |
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dexX7
Legendary
Offline
Activity: 1106
Merit: 1024
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July 23, 2013, 09:15:46 AM |
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No news at all. If I were home I'd be buying like crazy and tendering them
Bid: 0.0017000 (next: 0.0012009), Ask: 0.0036000 (next: 0.0036900). |
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ffssixtynine
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July 23, 2013, 09:24:57 AM |
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It's stopped now. And people are posting much higher bid prices than they need to as well for if someone were still doing this. Weird.
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ArcticWolf
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July 23, 2013, 09:27:17 AM |
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It's stopped now. And people are posting much higher bid prices than they need to as well for if someone were still doing this. Weird.
Those that just bought at 0.0012 got REALLY lucky |
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ffssixtynine
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July 23, 2013, 09:30:30 AM |
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The top 2 bid prices are silly. If the guy is selling, he is selling at any price. So why jump from 0.12 to 0.2? It looks like someoneis liquidating their amc shares.
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ChefBorjan
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July 23, 2013, 09:37:43 AM |
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Maybe to tempt in the sellers who are spooked by the graph... not sure. Anyway, pretty odd. Was the original seller spooked by the BTC-TC trading error? Who knows... Pity I didn't leave any lower priced bids in AMC, had them in ActiveMiner instead!
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If you feel like leaving me a tip: 1MhxTnB5onvEMqF53TDXxVseQZzYZetxw3
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snowdropfore
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July 23, 2013, 09:41:34 AM |
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It's stopped now. And people are posting much higher bid prices than they need to as well for if someone were still doing this. Weird.
Those that just bought at 0.0012 got REALLY lucky as i know ，someone want to bids at 0.0012，but he make a big mistake，sell at 0.0012. |
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joele
Legendary
Offline
Activity: 1022
Merit: 1000
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July 23, 2013, 09:46:23 AM |
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It's stopped now. And people are posting much higher bid prices than they need to as well for if someone were still doing this. Weird.
Those that just bought at 0.0012 got REALLY lucky as i know ，someone want to bids at 0.0012，but he make a big mistake，sell at 0.0012. I just bought 7k prices averaging 0.0016, was bargain price in a few minutes. |
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Stuartuk
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July 23, 2013, 09:49:50 AM |
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I speculate a major price drop as China wakes up - people taking profits after late night spike
lol what a fruit cake. The Bank of China's currency desk haven't got a position in ACtM yet. |
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Stuartuk
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July 23, 2013, 09:53:20 AM |
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It's stopped now. And people are posting much higher bid prices than they need to as well for if someone were still doing this. Weird.
Those that just bought at 0.0012 got REALLY lucky as i know ,someone want to bids at 0.0012,but he make a big mistake,sell at 0.0012. I just bought 7k prices averaging 0.0016, was bargain price in a few minutes. Thats a shame someone lost a third of their investment there, should have been more careful. |
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