Quote from: bobboooiie on July 01, 2013, 10:25:18 AM

Quote from: pierrejo on July 01, 2013, 09:38:16 AM

Quote from: Eric Muyser on July 01, 2013, 08:36:06 AM

Confident enough to value a share at 10+ BTC.

10BTC per share sets the market cap of AM at 4 Million BTCs: With 21 Million BTCs ever in circulation, that's pushing it - The most likely option is we ride the bubble-train to those waters, then deflate at some bubble-defining-moment to more reasonable worth. That could be some big name getting in the game. Ask yourself how much you'd be willing to pay for an AM share if you just heard that Intel or AMD had started designing new chips specifically for mining. With the coming divs, remember to keep a cool head.
(Without anyone else in the game and those divs, I'd pay 6BTC. With AMD/Intel/competitor with strong product... 0.5 to 1BTC maybe?)

Now you are showcasing your just 2nd grader math skills. Just because some one share would be sold at 10btc/share doesnt matter the next share would be priced the same. All this company is worth SHARES X 1SHAREPRICE is just virtual valuation nothing else

Thank you...

I was just about to say that. Valuation has nothing to do with circulation.

First of all, Friedcat holds half of the shares so technically half of that 400,000 hasn't even touched any BTC in circulation.
Second, many of those shares would have been valued below and leading up to 10 BTC, and you can't just liquidate them all at once at 10 BTC so the hypothetical value is the price the stock was purchased at, which would be far lower than your calculation.
Third, if Friedcat doesn't sell, the amount of BTC in circulation means nothing, because he wouldn't be trying to collect the amount that is in circulation.

If he did then the valuation would go down...

Supply and demand man.