Quote from: damiano on July 11, 2013, 04:35:17 AM

Wow share price is out if control.
In 2 weeks I say we will be over 1.0 btc

I am a casual investor in BTC/LTC securities, and I managed to double my initial investment primarily through ASICMINER, but I've never owned BASIC-MINING shares. I observed the rise of BM from 0.6 to 2 BTC, before the 10x split, and now this recent rise. And the whole time I'm like "WTF? I don't understand this, compared to ASICMINER the dividends are negligible."

I clearly don't understand enough, because I keep being wrong with my price estimates for BM. If dividends do not motivate investors, then it must be the potential future growth of the company, which with BM is tied to the miners they own and acquire. Still BM does not have production capabilities like AM (not that I am aware of atm), and their assets (miners) are depreciating in value.

I am looking for the pot o' gold at the end of the rainbow for BM, but I cannot see it. I cannot see why investors have such a strong valuation of the future of BM.

And you know what, I'm going to kick and scream all the way in dazed, incredulous disbelief, but I think you may be right about the 1 BTC value in the near future. I am looking for an objective response to satisfy my curiousity, any help is appreciated.