Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Subcide
on 06/12/2013, 12:22:13 UTC
someone put and bid order at 0.012...what is going on??is he just playing around??

Seems reasonable to me. In a few weeks time that will be a bargain price.

Personally I'm holding for the divs but may liquidate 10% at anything over 0.03

I'm not sure what you have been smoking when you say price/share will go up to 0.03-0.04.
That will require something like 4-5% of total hashing power.

I'm not saying it is impossible, just that it is not very likely.

It doesn't require us to achieve 4-5% of hashing power, it just requires people to believe that we might be able to achieve that, enough to buy shares at that price. Smiley  I agree, at this stage that seems unlikely.