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empoweoqwj
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July 03, 2013, 04:40:26 PM |
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Is anyone else concerned about the declining BTC price which is now about $84 on MtGox?
It is about 15% lower than the price at last week's dividend payout which was around $100 per BTC.
If the dividend comes in at 0.025 BTC, the corresponding value would be about 0.02.
Thoughts?
I imagine everyone of us is concerned but its not like something we have any control over. Its a matter of belief really. If you believe bitcoin can & probably will disrupt the world of finance, the price will over time reflect that belief. You don't sweat every rise or drop. If you don't believe bitcoin will disrupt anything, you're on the wrong forum  |
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VJain
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July 03, 2013, 04:42:34 PM |
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Is anyone else concerned about the declining BTC price which is now about $84 on MtGox?
It is about 15% lower than the price at last week's dividend payout which was around $100 per BTC.
If the dividend comes in at 0.025 BTC, the corresponding value would be about 0.02.
Thoughts?
When BTC suddenly drops 15%, then in dollar terms the price of a share is also 15% cheaper. When BTC drops 15% - I get scared to drink my starbucks in the morning... dropping $20k a day is scary! Thankfully ASICMINER's price and dividends are keeping me level. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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ft73
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July 03, 2013, 04:44:14 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. |
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Eric Muyser
Full Member
 Offline
Activity: 224
Merit: 100
You can't kill math.
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July 03, 2013, 04:44:53 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. |
@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
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ft73
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July 03, 2013, 04:47:12 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. |
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madams
Newbie
Offline
Activity: 25
Merit: 0
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July 03, 2013, 04:47:19 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
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dragony
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July 03, 2013, 04:49:13 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. And which one is it?  |
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empoweoqwj
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July 03, 2013, 04:50:17 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively |
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TsuyokuNaritai
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July 03, 2013, 04:50:47 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. They tend to be ones where the dividends go down quickly with time though. It's not really APR. |
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empoweoqwj
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July 03, 2013, 04:51:43 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. And which one is it? Smuggling drugs? |
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ft73
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July 03, 2013, 04:53:26 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. They tend to be ones where the dividends go down quickly with time though. It's not really APR. Exactly, so order timing is important. Usually dividends go down, but share prices follow. I don't want to be responsible for anybody losses, so i'll just give you a hint: head up to btct.co and look into funds  Beware: know what are you doing! EDIT: doing math i think i know a fund likely to deliver about an average 2% per-day dividend within the next few days ... nice |
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ThickAsThieves
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July 03, 2013, 04:57:13 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
This is nonsense. How can you say there is no correlation because dividends? BTC has been slowly falling to USD. AM has been rising in kind. This leads to at least signs of correlation. But you'd need to do a deeper analysis to show they are directly correlated. My bet is they are. If BTC/USD rose to $130, you'd see a lot more AM being sold. |
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ft73
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July 03, 2013, 04:58:40 PM |
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And which one is it? M4D0FF.ETF not the one i thought. |
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empoweoqwj
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July 03, 2013, 04:59:02 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. They tend to be ones where the dividends go down quickly with time though. It's not really APR. Exactly, so order timing is important. Usually dividends go down, but share prices follow. I don't want to be responsible for anybody losses, so i'll just give you a hint: head up to btct.co and look into funds Beware: know what are you doing! EDIT: doing math i think i know a fund likely to deliver about an average 2% per-day dividend within the next few days ... nice I think you know nothing |
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ft73
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July 03, 2013, 05:00:40 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. They tend to be ones where the dividends go down quickly with time though. It's not really APR. Exactly, so order timing is important. Usually dividends go down, but share prices follow. I don't want to be responsible for anybody losses, so i'll just give you a hint: head up to btct.co and look into funds Beware: know what are you doing! EDIT: doing math i think i know a fund likely to deliver about an average 2% per-day dividend within the next few days ... nice I think you know nothing i respect your opinion. I gave a hint, anybody should be able to do some evaluation. Take your time and check it. Now i don't want to further derail this thread, nor i want to sell any idea. |
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madams
Newbie
Offline
Activity: 25
Merit: 0
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July 03, 2013, 05:05:39 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively My observations are informal so there isn't a graph. Your comment actually supports my thoughts. While the dividend was average, news came out shortly after about an increase in mining hash rates and ultra-fast sales of mining gear which meant a big increase for this week's dividend. The share price jumped due to speculation of the dividend, not the price of BTC. |
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empoweoqwj
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July 03, 2013, 05:06:35 PM |
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Thankfully ASICMINER's price and dividends are keeping me level.
I would say price. Dividends are not that great, some other securities may deliver about 10x. May? Which ones do now? 260% APR? I'll jump on that. There's at least one doing 0,5% per day as of now. EDIT: reasonably ASICMiner will give about 0,5% per week. They tend to be ones where the dividends go down quickly with time though. It's not really APR. Exactly, so order timing is important. Usually dividends go down, but share prices follow. I don't want to be responsible for anybody losses, so i'll just give you a hint: head up to btct.co and look into funds Beware: know what are you doing! EDIT: doing math i think i know a fund likely to deliver about an average 2% per-day dividend within the next few days ... nice I think you know nothing i respect your opinion. I gave a hint, anybody should be able to do some evaluation. Take your time and check it. Now i don't want to further derail this thread, nor i want to sell any idea. Don't worry, you haven't sold anything. |
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ThickAsThieves
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July 03, 2013, 05:07:03 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively My observations are pulled from my arse so there isn't a graph. ftfy |
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ft73
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July 03, 2013, 05:07:49 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively My observations are informal so there isn't a graph. Your comment actually supports my thoughts. While the dividend was average, news came out shortly after about an increase in mining hash rates and ultra-fast sales of mining gear which meant a big increase for this week's dividend. The share price jumped due to speculation of the dividend, not the price of BTC. I think we got some inverse correlation lately. ASICminer became some sort of "defensive" security. Many other securities show the same. |
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empoweoqwj
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July 03, 2013, 05:08:27 PM |
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I have been observing the price of AM shares as compared to the price of BTC for a few months and it seems like there is very little, or even no correlation between the two.
It may take a wild swing down or up to change that.
The share price of AM seems to be directly correlated to the the dividend regardless of the BTC price.
Since the price of BTC does impact the value of the dividend, it will be interesting to see how long these correlations, or lack of correlations, hold up.
are you sure? please share your graph .... I could have sworn last week's dividends were average and the share price jumped massively My observations are informal so there isn't a graph. Your comment actually supports my thoughts. While the dividend was average, news came out shortly after about an increase in mining hash rates and ultra-fast sales of mining gear which meant a big increase for this week's dividend. The share price jumped due to speculation of the dividend, not the price of BTC. Of course the share price of AM is related to the performance of AM as company. You aren't writing anything new here. We all know this. |
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