minerpart
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Activity: 280
Merit: 250
IIIIII====II====IIIIII
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November 27, 2013, 05:43:58 PM |
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Can you not understand how I feel?
We are all in the same boat now STFU. |
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JimmyJazz
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November 27, 2013, 05:49:02 PM |
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Drawingthesun, you need to really chill out. From what I can remember you said you will earn 1000btc from selling at 0.007.
No that's some other guy who has 49% more shares than me. OK 70,000 shares. Still, unless Ken fucks up on an epic proportion you should still be OK. Unless you bought in at a high price. Then thats just bad luck and judgement. |
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4ju5tice
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Activity: 111
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November 27, 2013, 06:53:45 PM |
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Drawingthesun, you need to really chill out. From what I can remember you said you will earn 1000btc from selling at 0.007.
No that's some other guy who has 49% more shares than me. OK 70,000 shares. Still, unless Ken fucks up on an epic proportion you should still be OK. Unless you bought in at a high price. Then thats just bad luck and judgement. Yeah DTS, relax. It's not a scam. We're all impatient. Now that bitcoin is $1000 from $100, even if you bought at a price of .005, you'd still break even in fiat from selling at .0005. If you want to sell your shares for .0005, I'd buy a few.  ACTM will be about 10x more profitable than it was before this price rise. The price rise saved this company. But seriously, I bet in two months we'll all be laughing about the days when the forums were filled with people freaking out. |
Hi.
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tom.hashemi
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November 27, 2013, 07:03:18 PM |
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Drawingthesun, you need to really chill out. From what I can remember you said you will earn 1000btc from selling at 0.007.
No that's some other guy who has 49% more shares than me. OK 70,000 shares. Still, unless Ken fucks up on an epic proportion you should still be OK. Unless you bought in at a high price. Then thats just bad luck and judgement. Yeah DTS, relax. It's not a scam. We're all impatient. Now that bitcoin is $1000 from $100, even if you bought at a price of .005, you'd still break even in fiat from selling at .0005. If you want to sell your shares for .0005, I'd buy a few. ACTM will be about 10x more profitable than it was before this price rise. The price rise saved this company. But seriously, I bet in two months we'll all be laughing about the days when the forums were filled with people freaking out. There's a tip for you if you remind me about this post in two months time and I laugh looking back on this thread... |
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VolanicEruptor
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November 27, 2013, 07:10:02 PM |
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There's also the possibility that Ken IS being succcessful, but not telling us. He could have 100 machines hashing away right now while keeping all the profits for himself. How would we ever know?
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shadallion
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November 27, 2013, 07:12:48 PM
Last edit: November 27, 2013, 08:18:25 PM by shadallion |
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I say bitch away, DTS, I share your queasiness.
No one but the people on this thread know the singular pain of having hundreds of BTC tied up in this company while the rest of the bitcoin world is rejoicing and are about to have a very merry Christmas indeed.
I console myself by staring at my spreadsheet and setting the ActM shareprice to 0.01 BTC and the bitcoin price to $1000 and then I feel a lot better.
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zumzero
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November 27, 2013, 07:15:55 PM |
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The guys are giving you good advice DTS.
You are asking us to understand how you feel, but really you don't understand that we all feel the same way.
Everyone is looking for confirmation that their money is safe. Everyone wants to be able to calculate their divs and everyone wants to know the future potential for share price.
You are not alone, we are all in the same boat. So please, for everyone else's sake stop posting these worried and panicky posts. We don't want to have to throw you overboard.
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tom.hashemi
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November 27, 2013, 07:16:10 PM |
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I say bitch away, DTS, I share your queasiness.
No one but the people on this thread know the singular pain of having hundreds of BTC tied up in this company while the rest of the bitcoin world is rejoicing and are about to have a very merry Christmas indeed.
I console myself by starting at my spreadsheet and setting the ActM shareprice to 0.01 BTC and the bitcoin price to $1000 and then I feel a lot better.
The depressing fact is I literally just did that (except I went for $1,100...) Shoot me now. |
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4ju5tice
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Activity: 111
Merit: 10
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November 27, 2013, 07:36:39 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01.  |
Hi.
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stenkross
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November 27, 2013, 08:07:09 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01.
I'd guess more like .02-.04 if we get that kind of network %. Highly unlikely, although a nice wet dream .. |
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4ju5tice
Member
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November 27, 2013, 08:21:44 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01.
I'd guess more like .02-.04 if we get that kind of network %. Highly unlikely, although a nice wet dream .. How is it highly unlikely? Which parameters do you not agree with? Obviously, there is no calculation for power consumption, rent, general overhead. Manpower and electrical power will be limiting factors. |
Hi.
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tom.hashemi
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November 27, 2013, 08:22:54 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01.
I'd guess more like .02-.04 if we get that kind of network %. Highly unlikely, although a nice wet dream .. How is it highly unlikely? Which parameters do you not agree with? Obviously, there is no calculation for power consumption, rent, general overhead. I think he meant the .02-.04.... |
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JimmyJazz
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November 27, 2013, 08:24:04 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01. Does this take into account difficulty and the extra 15million shares dividends will be paid to after 0.00025 is received as dividends? Seems very optimistic. |
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Sou
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(Bitcoin related text here)
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November 27, 2013, 08:29:17 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01. Does this take into account difficulty and the extra 15million shares dividends will be paid to after 0.0025 is received as dividends? Seems very optimistic. FTFY |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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November 27, 2013, 08:31:48 PM |
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how much of the .0025 has been repaid so far?
anyone have an idea?
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Sou
Full Member
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Activity: 210
Merit: 100
(Bitcoin related text here)
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November 27, 2013, 08:33:40 PM |
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how much of the .0025 has been repaid so far?
anyone have an idea?
It's in the thread. |
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VolanicEruptor
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November 27, 2013, 08:48:59 PM |
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how much of the .0025 has been repaid so far?
anyone have an idea?
very very close to zero. In other words, insignificant |
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stenkross
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November 27, 2013, 08:58:20 PM |
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how much of the .0025 has been repaid so far?
anyone have an idea?
No dividends has been payed out since this post. Just a short note regarding dividend and how much that is "left" of the 0.0025XBT/share to pay for ActM.
I just summarized all dividends payed out by ActM so far, and it ended up with 0.00005793XBT.
So, out of his 0.0025 XBT to pay in dividend to the 10,000,000 investor shares, ActM still has to pay out 97,7% of that amount.
Or 0.00244207XBT to be exact.
I got the numbers from summarizing all dividend payouts from bitfunder.
I'd be glad if someone can confirm my numbers.
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stenkross
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November 27, 2013, 09:00:47 PM |
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.0025/share payed out in 5.5 months. If that's the case, you can bet the share price will be at least .01.
I'd guess more like .02-.04 if we get that kind of network %. Highly unlikely, although a nice wet dream .. How is it highly unlikely? Which parameters do you not agree with? Obviously, there is no calculation for power consumption, rent, general overhead. Manpower and electrical power will be limiting factors. I meant that I find it unlikely that we will get 10-12% of total hashing power. I have no math to back it up, just that we have a lot of competition and 10-12% is a lot. |
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4ju5tice
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Activity: 111
Merit: 10
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November 27, 2013, 09:05:31 PM |
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Does this take into account difficulty and the extra 15million shares dividends will be paid to after 0.00025 is received as dividends?
Seems very optimistic.
It accounts for 40% difficulty increases per month, which may be a little optimistic. It isn't accurate for the dividends after .0025, didn't throw that if statement in there. I meant that I find it unlikely that we will get 10-12% of total hashing power.
I have no math to back it up, just that we have a lot of competition and 10-12% is a lot.
Understandable. It's just a model, nobody knows how things will turn out exactly. I'd assume that we can get rigs at a cheaper rate than what ACTM retail is, and I think we have more than 1M USD in reserves. |
Hi.
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