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Re: ihubmkasp post# 33951

Wednesday, 10/08/2014 10:44:08 AM

Wednesday, October 08, 2014 10:44:08 AM

Post# of 57991
They will mine 11,000 bitcoins.

Which is $6M a year in revenues.

Of course you have to add a P/E ratio.

Price per earning ratios range from 5-28 for this sector. A good ratio for MELY is 5 or 10. If like to keep it realist and use 5..


5x 6M in revenues is $30M market value


If you owned a company that made 6M a year... Would you sell it for 6m or would you ask for more? That's what a P/E ratio is used to determine

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