[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[drawingthesun]

Less than 2 days to go!! Will I become a millionaire or a bum?

[JoTheKhan]

Since its impossible to get any info as a shareholder, has anyone tried to get info as a customer?

Do they answer customers about a timeline?  I'd want to know if I was about to buy something.  I would actually buy one of those miners if I had some real info. 

https://bitcointalk.org/index.php?topic=206488.msg3562347#msg3562347

[bbxx]

Since its impossible to get any info as a shareholder, has anyone tried to get info as a customer?

Do they answer customers about a timeline?  I'd want to know if I was about to buy something.  I would actually buy one of those miners if I had some real info. 

https://bitcointalk.org/index.php?topic=206488.msg3562347#msg3562347

Scamming forum members (pseoudshares) and now scamming by scammy shop (october unicorns).
This is ridiculous.

[zumzero]

What valuable information could a competitor possibly gain from seeing some mining machines hashing?  It's not like they can peer microscopically into the depths of the chip design.  All they would see is a box hooked up to a monitor with cgminer or bfgminer hashing.  This "have to keep this under the radar" bullshit HAS TO STOP.  Shareholders deserve to know what is going on, we have funded this whole operation.  Stop feeding this theory because it's getting pathetically old.  

VE this what I have been saying but the cheerleaders call me stupid.

The quietness is not about competitors but rather it's about us! We are being kept in the dark due to bad news or scamming.

Ken, please have the decency to tell us about the chips. eASIC was all about fast turnaround but all I see is a slow turnaround. We funded you and trusted you, but you don't trust us?

Please have some respect. Also, waiting until the very last day of November is bad form, it's time to hear news, bad or good.

For anyone left in any doubt that this guy is a fud spreading troll, read his post once again.

I've said it all along and I'll say it again.  He's not drawingthesun, he's drawingthefud. A very clever and stealthy fudster who has a lot of people fooled.

He act's like a concerned shareholder who needs constant reassurance, simply raising doubts most of the time.  But it's at times like this when he shows his true colours that he can't resist going for the coup de grace with comments like, "We are being left in the dark due to bad news or scamming", which is a total contradiction to the sense of meaning you get from his usual prose.


Seller beware, HE WANTS YOUR SHARES!

[Stuartuk]

plus one.

drawingtheFUD
He will buy all shares below 0.01 - sell them to him you fool's.

(This is going to 0.04.)

[sparky999]

plus one.

drawingtheFUD
He will buy all shares below 0.01 - sell them to him you fool's.

(This is going to 0.04.)

0.04 would be amazing for me I would be more than happy with 0.01-0.02 range

[Flashman]

What about january avalon clones priced at 80btc?

You know damn well that Avalon fucked everyone over on the chips. Several vendors/projects got severely burned there and folded. I'm grateful that Ken didn't have all our eggs in that basket, and also managed to get the outlay refunded to us, while some people are still waiting. I think out of all the projects screwed over by Avalons chip debacle, we came out best, and I think Ken should be recognised for that.

[iSnow]

(This is going to 0.04.)

Uh-hu. Just to pop your bubble, it is currently at 0.004 on cryptostocks.

[Stuartuk]

What bubble does that pop? I'm confused.

[Stuartuk]

Snow?

[iSnow]

What bubble does that pop? I'm confused.

A 10x increase is extremely unlikely. The 0.004 on cryptostocks is already much higher than it was on bf, so I expect 0.007 or something when we get onto a stock exchange.

[PurpleTentacle]

What bubble does that pop? I'm confused.

A 10x increase is extremely unlikely. The 0.004 on cryptostocks is already much higher than it was on bf, so I expect 0.007 or something when we get onto a stock exchange.

Wow, what a well-thought-out response, not like the crap minerpart wrote:

OK guys, the new exchange could be with us soon so lets get serious now.

I'm sure some of you have heard of a thing called P/E ratio (price-earnings ratio)?

It's a very simple formula universally used for valuing a listed company and it's shares which most often involves you dividing the share price by the annualised earnings per share.

here is a basic introduction:

http://www.allstarstocks.com/gpage2.html


So instead of guessing how much you think share price will go to using your divining rod or a set of Rune stones just use the p/e ratio.

All you need to know is the total amount of BTC that will be paid out in divs to public investors in year 1 and then you divide that by the number of shares to get your annual earnings per share figure. You then choose a share price - lets say the IPO of 0.0025 and divide that by your annual earnings per share figure to get the p/e ratio.

An acceptable p/e ratio to investors in the real world would range from anything from 10:1 to 100:1 - it's going to be based around the company prospects for growth and continued business.

OK so who want's to start? Me? OK-

I think 4justice's table gave a yearly total for public investors (taking into account the drop when Kens shares get divs) of around 40k BTC.

40,000/10,000,000=0.004
0.0025/.004=0.625

So now we need to decide what P/E ratio investors will be happy with. 0.625:1 would put the share price at 0.0025 - obviously. Now if the company has solid prospects and good accounts there is a world of investors out there who would bite your right arm off to get in at a P/E ratio of 0.625:1. It's incredibly good value - so long as the company is solid.

I would say with BTC rising so commendably that a P/E ration of 10:1 would be conservative - so that would mean a share price of 0.04 > 0.04/0.004=10

Anyone please correct my arithmetic/logic and make comments.

PS - I just checked out what the P/E ratio was on AM when it was at 4btc and paying out around 0.025 per week in divs. It was around 3:1. I think if we are a high profile, open company doing big sales and farming we can exceed 3:1 due to greater investor confidence.

PPS - 4justice's table is I think conservative.

[minerpart]

Pardon?

[minerpart]

What bubble does that pop? I'm confused.

A 10x increase is extremely unlikely. The 0.004 on cryptostocks is already much higher than it was on bf, so I expect 0.007 or something when we get onto a stock exchange.

You offer no explanation for that other than you don't think it's likely. I guess that's fair enough, anything goes round here.

[Subcide]

@Minerpart I think PurpleTentacle's comment was sarcastic.

[PurpleTentacle]

Pardon?

sorry...

/s

[drawingthesun]

ITT:  Active Mining casualties, driven to madness by grief, create a fantasy world where their failed investment becomes immensely valuable when if it starts trading again.

Crumbs, stop trying to buy cheap shares!! The age of cheap shares is now over!

I am getting ready to retire, what should I do?

[drawingthesun]

For anyone left in any doubt that this guy is a fud spreading troll, read his post once again.

I've said it all along and I'll say it again.  He's not drawingthesun, he's drawingthefud. A very clever and stealthy fudster who has a lot of people fooled.

He act's like a concerned shareholder who needs constant reassurance, simply raising doubts most of the time.  But it's at times like this when he shows his true colours that he can't resist going for the coup de grace with comments like, "We are being left in the dark due to bad news or scamming", which is a total contradiction to the sense of meaning you get from his usual prose.


Seller beware, HE WANTS YOUR SHARES!

I am one thing and one thing only, A concerned investor who wants to retire. I have lived a long life and this is my retirement fund.

I would like your cheap shares, and Zum, I have more faith in this company. You want to sell at 0.0025, I believe a price of 0.02 is possible. I might not be the cheerleader you are looking for, but the investor you need.

[zumzero]

You thrive on negativity and are shouting scam even at this stage and you have the audacity to say you believe in this company?

Rubbish!

[drawingthesun]

You thrive on negativity and are shouting scam even at this stage and you have the audacity to say you believe in this company?

Rubbish!

Well I believe that if we do get chips in the next few days we have a chance at 0.02, if not we have no chance to go above 0.0001

To me it's either one or the other, 0.0001 or 0.02, I can't imagine a middle ground.