Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
by
Puppet
on 22/06/2014, 09:49:45 UTC
I always said my simulations where very (very) optimistic.

Now lets continue being optimistic without ignoring the current reality, and lets assume the current hashrate spike is just a one time anomaly and after the upcoming  ~25%  adjustment,  network growth will reach a record low average of 7%/week and decelerate further by 3%. It doesnt get much more optimistic than that:



That gives this result



No reinvestments for another 3 months, and cryptx NAV would be ~0.017 BTC / share, and thats still assuming record breaking reinvestment efficiency.
In reality fair valuation is probably around half that, or around 1/10th of its current price.

Ive seen lots of idiocy in the security forums, but this one takes the cake.