Quote from: Voodah on November 11, 2013, 08:13:26 PM

Quote from: Rival on November 11, 2013, 07:13:01 PM

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

This was my analysis a couple days ago. AM has become a terrible investment.

I'll buy any amount of AM shares at BTC0.45 per share.