LOL this is like a huge scam. We won't get our shares back, or this Crypto-Trade will get "hacked" and "all information will be lost" and we won't get anything back.
If we get our shares back, im selling them asap.
that is why all the low limit orders have piled up on crypto-trade, people want your cheap shares that you have to sell because you haven't made rent in a few months
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At current difficulty 28TH/s (the actual amount we are scheduled to receive) we see: 1172.0*1000*1000*(2**32)/(28.0*1000*1000*1000*1000*60*60*24) => 2.0807298573544974 days to find a block
That means each day it will find ~12 BTC 25.0 / 2.0807298573544974 => 12.015BTC/day
This means if we got the miners right now, and assuming 30% network growth and 12-day adjustments instead of 14, we would get 144 BTC in the first 12 days, 100.9BTC the second 12-day period, 70.65BTC the third 12-day period, and 49.5BTC the fourth 12-day period. This means in the first 48 days we'd see 366 BTC, 50% of which would be 183BTC, which is better than break-even at the current market cap. If cointerra comes through, the shares will pay for themselves in DIVs alone in under 2 months at teh current share price. Getting a share in hardware that will break even in under 2 months is unheard-of practically. Add to that that you still have the shares to sell (which are even more valuable because COG has 186BTC to spend on even more hardware) and it is still looking pretty good. The only reason to sell remains uncertainty over Garrett (and it is very uncertain now, I agree). That said, I'd rather hold and be wrong then sell and be wrong, so I'll take your cheap shares, tyvm. okay, I'm doing my calculations on www.dustcoin.com/mining , but yes with 28TH things look slightly rosier but only with the share price at .0181/share , partially a result of me selling into liquidity just a week ago at .06/share yes this predicted a 30% return and a week before that at .010/share this predicted a 20% return On the other hand, my cost basis was ***MUCH*** higher, so maybe you have a more manageable amount of shares at a lower entry price and can rationalize holding I could not rationalize this
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COGNITIVE:
20TH coming online in the next couple months.
with share prices of .02/share Cognitive has a market cap of 191 bitcoin.
at ***CURRENT*** difficulty 20TH would earn 77 bitcoins per week, half of which goes into the reinvestment fund (right?)
so for dividends sake, think 38.5 bitcoin.
Assuming difficulty adjusts every two weeks, then you are looking at 77 bitcoin during one round of difficulty.
And this will only be a diminishing return.
At share prices of .02/share , cognitive shareholders will *NEVER* make their investment back.
Garret's dividend withholding is just an extra reason to get out while you can.
just posting this now that I've finished selling with limit and market orders.
Was that you who finished getting out at .0181? Sold some on the forums, some on Havelock Thanks for the liquidity I had been holding for the CoinTerra chips, but difficulty was under one hundred million at the time, now that it will surpass 1 billion, this is no longer a good bet This was one of the more promising ways to get exposure to ASIC technologies, unfortunately no longer viable. ActiveMining is aiming to have single machines that can do 24 TH/s, KncMiner will be rolling out their batch right along with CoinTerra this particular security offering doesn't have the potential in the face of these outcomes I was thinking that maybe I would hold for dividend euphoria, like when one big dividend came in with ASICMiner people would just bid up the shares as if it would happen for all eternity, but with my calculations on this share issue no price for COGNITIVE makes sense, that and coupled with the fact that dividends are being withheld, I could no longer rationalize even holding a smaller position in COGNITIVE caveat emptor and hold that helps
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left dogecoin-qt open all day on OSX, can't get it to sync, help? PM me
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great!, I was trying to get some but didn't trust any of the exchanges trading them to open new accounts
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COGNITIVE:
20TH coming online in the next couple months.
with share prices of .02/share Cognitive has a market cap of 191 bitcoin.
at ***CURRENT*** difficulty 20TH would earn 77 bitcoins per week, half of which goes into the reinvestment fund (right?)
so for dividends sake, think 38.5 bitcoin.
Assuming difficulty adjusts every two weeks, then you are looking at 77 bitcoin during one round of difficulty.
And this will only be a diminishing return.
At share prices of .02/share , cognitive shareholders will *NEVER* make their investment back.
Garret's dividend withholding is just an extra reason to get out while you can.
just posting this now that I've finished selling with limit and market orders.
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Here we go again. The CEO is allowed to trade stock in his own company. It is not considered insider trading. It happens all the time. Many people watch when CEO's buy or sell stock as this could be an indication of where the stock price is heading. Nothing illegal about it.
yeah its highly regulated, large shareholders have to file certain SEC forms, and many executives can only trade in predefined intervals to avoid illegal insider trading scrutiny
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DREBCqMcW2fhzAtNTPTVmYUkqriacav9mx
thanks!
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DREBCqMcW2fhzAtNTPTVmYUkqriacav9mx
thanks
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DREBCqMcW2fhzAtNTPTVmYUkqriacav9mx
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DREBCqMcW2fhzAtNTPTVmYUkqriacav9mx
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If Ken is smart he won't release the news until trading is live. He has been known for insider trading. He will buy up shares first (probably with avalon refunds) and then release the news/pictures and dump back his shares after he pumps the shit out of them So this is another reason why we need to get trading.
why did he even admit to trading his own stock, was that a serious lack in judgement ? I remember reading that, it did not surprise me but it surprised me that he said that he is in the USA for pete's sake! practically the only country that prosecutes insider trading, and gives the longest sentences known to man for it! I was under the impression an Executive has to give 48 hours notice before making a trade. So Ken's only mistake was trading in secret, as it's not outright illegal. lol, no. ^ even if this were registered securities where did the hell do you get this stuff
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... why did he even admit to trading his own stock, was that a serious lack in judgement ?...
Alcoholism. Well good thing all the exchanges he did it on have shut down. Prosecutors wouldn't be able to get proof of it
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If Ken is smart he won't release the news until trading is live. He has been known for insider trading. He will buy up shares first (probably with avalon refunds) and then release the news/pictures and dump back his shares after he pumps the shit out of them So this is another reason why we need to get trading.
why did he even admit to trading his own stock, was that a serious lack in judgement ? I remember reading that, it did not surprise me but it surprised me that he said that he is in the USA for pete's sake! practically the only country that prosecutes insider trading, and gives the longest sentences known to man for it!
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Didn't the last private company to mint gold coins got shut down by the USA and have all their gold confiscated?
He was supposedly counterfeiting US dollars. That is not all what is going on here. No, it was not counterfeiting US dollars. It made a coin made out of solid gold and the IRS argued that is counterfeiting because someone might confuse it for a "real dollar" you do not know what you are talking about. trust me, this is not the same issue. http://en.wikipedia.org/wiki/Liberty_DollarThey accused him of everything from counterfeiting to terrorism. You don't know what you are talking about. This is Fincen stretching their jurisdiction pretty far to see what happens. This is a completely new interpretation of federal Money Transmitter laws at play here in regard to cascascius coins
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It is probably that casino that posted on reddit the other day with that had sent out an open letter to all their members about bitcoin
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ActM has individual units creating 24TH
the outfit itself will add many many PH to the network
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I got accused of being VE one time recently
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WTB 250 Anoncoin @ .008 BTC
you send first, or escrow
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hey Greg, I saw your fund operates for only 3 months at a time, in the United States "securities" that last less than 270 days are exempt from the securities act, and therefore any other SEC regulations don't apply either, such as 'self certified' statuses
feel free to verify that
but you can offer promissory notes, or commercial paper to Americans.
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