Ninjastic
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Board Securities
Re: Active Mining Speculation Thread
by
ffssixtynine
on 19/07/2013, 09:51:34 UTC
Quote from: lolstate on July 19, 2013, 09:20:38 AM
Quote from: ffssixtynine on July 19, 2013, 08:30:45 AM
Quote from: ronaldlee0917 on July 19, 2013, 08:07:50 AM
Walls are nearly breached, wondering how high we will go after that! Grin

Probably a spike as the SDICE funds arrive (much later on Bitfunder) then a lull and dip until ActiverMiner prove they can deliver (as some people will want to get out and use funds elsewhere).

Yep, that's how I see it too. I hope the speculators do well, because they are an important part of the market, however the real value in ActM is as a long term hold. Early dividends alone will probably be worth more than any short term capital gain the flippers make.

Depends how low they sell. I'm doing the maths on ActiveMiner vs AsicMiner (AM) at the moment. I've got more AsicMiner holdings than ActiveMiner and expect AM to go up very significantly now. If they hit 6, which is unlikely but possible, the equivalent price of ActiveMiner must be 0.0032 to have made it break even to hold this morning (@4.7 BTC for AM) or 0.029 if AM hits 5.5. AM is almost certainly going to hit 5 within 24 hours

Next week's AM dividends are expected to be good plus I believe an announcement is due so we may find ActiveMiner shares available below 0.003 (up to 20% profit) so some may cash in for AsicMiner again.

Decisions decisions. I may just go 50:50 on each for now.

Penny for anyone else's thoughts?

To be fair, I still have concerns over ActiveMiner having researched its founder and background more. Too many basic mistakes, not enough clarity, and then yesterday's pull at 150k then a push of 250k somewhat later (Bitfunder). The basic plan is fine, but there is a lot to prove.