Ninjastic
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Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
somestranger
on 15/12/2013, 01:02:58 UTC
Quote from: Stuartuk on December 15, 2013, 12:40:45 AM
Quote from: somestranger on December 14, 2013, 11:42:54 PM
Quote from: Stuartuk on December 14, 2013, 11:29:20 PM
By the way I think actm share price will hit 0.01 within a week of us going live. And it will climb steadily until March where it will level off around 0.04
I think you are dreaming. The share price will likely stay below .0025 until we have some proof of miners shipping, or an announcement that we're adding 24.576TH/s of hash power with BTCGuild showing as much. Even then I think we will only get to about .005 and maybe .01 by March.

I don't understand why your view is more valid than mine. Can you explain the working you have done to reach that conclusion?
Why would the price go up 800% in a week when we have no proof that we even have miners shipping or going to work for us mining? You don't need fancy math to know that's not going to happen.