Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bobboooiie
on 30/06/2013, 19:12:08 UTC
I get a feeling that any people in the financial industry would laugh their ass off if they read this thread, saying that less than a 25% p.a. return on ones investment is unacceptable. I mean, the Bitcoin mining industry is risky, but is it that risky?

Conclusion of this view would be, that the shareprice has to be valued much higher. If a 15% p.a. return would be suggested fair, shareprice has to be 10 btc!

When I first saw AM, it was about 1.3btc. Without much research (well, without any really  Cheesy )  I thought that looks too good to be true, and I bought some partial shares. It was rising fast, and I started reading up on it, and my first rough calc I decided potential was close to 10btc so I figured buy all I can before it gets too high. When it stalled around 2.5 I was stumped, but kept buying as funds permitted.  I think we've reached the point where my dividends will go back to hoarding and buying silver now though. when the dividends drop back to a more sustainable level I hope some more speculators will drop out, bringing it back to an affordable level. If dividends remain high... well, I can't really complain, can I?  
    What I am curious about is the relation to the btc:$ variable. If bitcoin is $1000, does that make AM market cap ridiculous, driving the price down? or does the dividend potential support a share price in the $4000-$10000 range? All very exciting to be a part of, no matter how it plays out!

AM is Bitcoin business, the rate between BTC/USD doesnt really affect price of share