Bitcoin Forum

Want to share my recent experience with TATvirtualmine.. Horrible.. Estimated value of assets fell for 4 BTC to 2.5BTC in two days..
Advice to all friends.. DONOT INVEST IN PMBs.. you will lose money..  :-[

Yore not refering to TAT.ASICMINER are you?
TATvirtualmine? PMBs?
Ihave no idea what theese are, any reading links or info?

Perpetual mining bonds.. each bond gives you hashing power equal to 1 MH/s.. Listed on BTCT as well as Bitfunder.. Very bad investments.. now i wish i had never gotten out of TAT.Asicminer..

Damn, bad luck mate. Just read through that main thread as well.

Careful with your investments.

  this is a  share market, the prices will rise and  fall.  you loose  money you earn money. 

Looking  at the value of the stocks  because  it  halfed the  value in 2 days does  look bad but for some, but it is  a  good  earning  possibility for others.

one  more  suggestion.  never  invest  such a  huge amount when new  stocks  come in  invest  little  by little.  Diversify you investment.  have some patience, do not panic. the more you panic  the more  you loose. 

Remember always diversify.

Yeah i was doing some calculations.. had i been carefull i would have almost 200 TAT. asicminer shares.. thats more than 6BTC.. now i am left with less than 3.. this month has been a great loss for me..
I would just advise every newbie out there like me.. DONOT.. i repeat DONOT buy these PMBS.. you will lose money.. fast..

Subvolatil.. could you help me out.. Dont realy have a market sense. i am new to the stocks as a whole..

Well i can  just advise you on what to do , i can't recommend  what to buy.

Just  follow  a  few  simple  rules.

1. never  invest every thing  in one stock.
2. research the  stock or bond you are  buying.
3. analyse the past price fluctuation on that stock and correlate it with events that happened to that company issuing stocks.
4. never  expect  returns immediately.
5. Keep reserves for the rainy day .
6. dont  be greedy.
7. understand market forces (demand and supply)
8. Be patience
9. dont panic if your stock goes down.
10. Dont fall for  scam stocks.

read up on this thread great  info :
https://bitcointalk.org/index.php?topic=60501

Thanks alot man.. maybe if i had learnt all this earlier i wouldnt have had such losses  :(..
oh well its never too late to learn and get back.. 

hey your  PMB  just   earned  me  a  good  profit today,
after  reading your  post  i  bought  about 1000  shares   and  gave me a  good return  today .

Lemme guess AMC?? Yeah earned a few today but still not enough to cover the losses..

Na,  TATvirtualmine .  bought it  at .0027 and today  got it  out at .0052  . not bad  for a days  work.  should have  put in  some more money into it.  awww well may be next  time .

blooody hell.. i sold almost 500 near 0.004.. aarrrghhhh..

Dont let grid override your financial decisions :P

Note : Sorry to give you free advise :)

Cheers

thanks  ::)

Quantity Held    Weighted Average Paid    Current Bid    Total Paid       Approx Market Value     Approx Profit
256         ฿ 1.3    8944669 per share    ฿ 3.43    ฿ 355.69835325    ฿ 878.08        ▲ ฿ 522.38164675

I did just fine with asicminer

Dude  you the money man. you big fish, we  small fish have to  play  in the little  league.  i'm earning   less than 2BTC a  day, looking to   find a good  investing  option  for the  rest of my  btc .

Basic miner is  rocketing  now.  made  a mistake  selling  half of  what i had in  that  prematurely. holding  on till it  hit  3.5 and  selling all.  

If you guys are small fish then i am a plankton :P

Difficulty are increasing, perpetual constant hashing mining power value will tends towards zero

Dont worry a plankton eventually turns into a coral reef, the largest organisms in the ocean, big and strong. every one starts out small, grows big sooner or later.   

 ;D
Someday.. thanks..  :)