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321  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: October 02, 2014, 06:58:25 PM

Also, did anyone else feel like the update was a giant FU to everyone?  It sounded really really smug to me and sort of like, yea whatever F you all I will do want i want.  Also ScryptX should have lowered fees now too since we now know that the hosting fee was not the bottom dollar that they could charge people.
No, I can't reasonably see it as an FU. At the end of profitabilty, Cryptx lowered hosting costs in order to prolong the life of the mine. Would you rather he didn't, so that we never received a dividend again, and the share price fell to zero immediately?
I think you misunderstood what I meant, not that what he did was a FU, but the way he did it.  I think we both agree that this just barely extends the life of the asset for a few more weeks, and they have just admitted that they can run the mine at lower hosting costs, so why did they wait until now to lower the hosting cost?  They are just trying to make as much money as they can and don't really care about the investor.

Fair enough, up to a point. They have certainly always been in it to make a profit, though. (As are we all?) If you were going to start a mine, and have people buy in, how would you make money? It's all been transparent, people who thought hosting costs were too high didn't have to buy in.
322  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: October 02, 2014, 06:41:26 PM

Yes, it is good news that money is flowing out to shareholders again

Exactly! Thank you.

If all assets were sold off right now, a last dividend of somewhere between .0007 and .001 btc per share would be sent out to all shareholders.

If cryptx continues to hold the machines and mine, they will pay out a lot less than that per share in dividends, and the price that you could get for the machines on the market will continue to go down, effectively decreasing the amount of final dividend that will be distributed.

This is not really a great difference. .0001 - .004 BTC per share is small potatoes at this point. I'm not saying it's nothing... but is is small spuds. If BTC/$ price goes up, this calculation could change significantly. Of course, it might not go up -- but we all hope it does, and if it doesn't the lifespan of this is not long anyway. Everyone is welcome to make their own risk assessment on this, but no matter what, this is not apocalyptic stuff.

Also, did anyone else feel like the update was a giant FU to everyone?  It sounded really really smug to me and sort of like, yea whatever F you all I will do want i want.  Also ScryptX should have lowered fees now too since we now know that the hosting fee was not the bottom dollar that they could charge people.

No, I can't reasonably see it as an FU. At the end of profitabilty, Cryptx lowered hosting costs in order to prolong the life of the mine. Would you rather he didn't, so that we never received a dividend again, and the share price fell to zero immediately?
323  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: October 02, 2014, 05:07:29 PM
Clearly not the sharpest pencil in the drawer.
let me try to explain really slowly... the hardware is worth more than it will ever mine, and far more than it will ever generate after fees. Ive been saying this since spring, the least worst thing that could happen for shareholders is liquidation. The sooner the better. Wasnt this hardware purchased at like 5 or 7 BTC/TH ?  There was some hope zero dividend day would prompt a liquidation, making the current price possibly even attractive. Lowering fees, as predicted,  pushes this out, and cryptx will keep pushing this out until the hardware is worthless, because he only cares about his fees. Enjoy your crumbs in the meanwhile, Mr "247% annual return ".

Third time, for the very, very slow: yesterday we didn't make dividend. Today costs were lowered, dividend resumed, share price up.

Third time, for the very, very Puppet: Explain to me any way in which this is bad news for shareholders (not you, who are not a shareholder, and have other ways of assessing what is good news and bad).

I am not:
a) saying this is an amazing investment, as-it-stands-now.
b) saying this will turn everything around and everything is ok.
c) saying this is the best possible course.

But it is discouraging to me to come here and see the incessant trolling with an instant post about how only idiots will think this reduction of costs, resumption of dividends and subsequent rise in share price is good news. How, on Earth, could it *not* be construed as good news?

Just this thing. Not everything else. I am not commenting on your other hundreds of posts on this topic, Puppet. Just this one. Surely, it is good news?
324  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: October 02, 2014, 04:50:01 PM

My mistake - I meant it is absolutely good news for shareholders. But you're not, so what's your angle, again?
325  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: October 02, 2014, 04:23:40 PM
Rofl, you don't say. And some idiots will  think this is good news too

BTW it's not like their electricity provider lowered prices,  so at the very least cryptx suckered investors out of $0.045 per gh per month x 1150000=$51750 per month in excess fees.

Nicely done bert

You're nuts. It is good news, by absolutely any definition whatsoever. Costs have been lowered -- regardless of motivation, conspiracy theory, trolling, drunkenness -- it is good news.

What is your angle, again?
326  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 26, 2014, 09:20:00 PM
Yes... clearly anyone who exhibits any concerns or doubts in the months during which there is no new information is "spreading FUD" or a "hater". Couldn't possibly be that such comments are perfectly legitimate in the face of a lack of information, lack of dividends, and a repeated failure to live up to promises/expectations.

But there are people who have a problem with AM for whatever reason - and pounce with poison at any given opportunity.

I think some of them have competing interests in the space.
Or, some might have something personal or hurt feelings.

But, they really do try to make shit worse.

That's definitely true.
I'm not a conspiracy theorist, but a lot of these "trolls" I strongly believe have ulterior motives...

Time is an investment. Either trolls have a pitiful social life or they indeed have some hidden agenda. Anyway i admit its been rough times as an AM investor. Still believe its for the best tho. Bring it on FC.

Yes. Some of them put an amazing amount of effort into their ceaseless troll-posts -- even if their posts were sincere, it's hard to imagine any regular human having enough energy to keep up the campaign. Either they have ulterior motives, or are slightly insane.
327  Economy / Collectibles / Re: [WTS] 2012 5 BTC Casascius Coin (repackaged, slabbed, loadable) on: September 08, 2014, 09:05:20 PM
I received mine, and they're great. Another great, Nasty idea!

328  Economy / Collectibles / Re: RELEASE ANNOUNCEMENT: MERLIN GOLD - 0.10 BITCOIN - CRYPTOLATOR PHYSICAL BITCOIN on: September 08, 2014, 09:02:56 PM
Got mine today (I opted to skip grading), and it's just lovely. Thanks!



I also included it in a post about buyer-funded coins here.
329  Economy / Securities / Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) on: September 03, 2014, 01:39:13 AM
Yes, so one would expect them to have an interest in reducing the running costs of the mine.

Lol?
Of course he has -and always had- an interest in minimizing the actual running costs, which one can only guess. But the difference between that, and the $0.15/GH "hosting fee" is what butters his sandwich. And yes, within a month or two, he will drop those fees; otherwise dividends would end up being negative, prompting a sale of his farm and ending his hosting fee revenue. So most likely you will see him come up with some excuse as to why he can suddenly reduce the fees and keep paying a few dozen satoshi's in divs until there is barely any resale value in the hardware. So after losing their shirt, pants and socks,  'unit' holders lose their underwear too.

Still looking good though. Annual Yield 584.66%. What a bargain Smiley

Trimonthly reality check: If you don't own any shares, then why do you post here all day every day for months on end?
330  Economy / Collectibles / Re: 🌟 TRADE Your Physical Cryptos HERE 🌟 on: September 03, 2014, 01:19:51 AM
Looking for:
bhCoins .1 BTC series 1

Will trade:
Lealana .1 BTC silver, original series (not buyer-funded)

edit: forgot to denote Lealana as silver
331  Economy / Goods / Re: Sound Wallet Audio Cold Storage - Your private key as .wav, CD, or a Record on: August 28, 2014, 08:05:39 PM
For the record (!), I received mine and it is fantastic.



This has to be one of the most fun ideas for a wallet that's out there. Thank you!

I posted more impressions here.
332  Economy / Collectibles / Re: RELEASE ANNOUNCEMENT: MERLIN GOLD - 0.10 BITCOIN - CRYPTOLATOR PHYSICAL BITCOIN on: August 28, 2014, 04:38:16 PM
If #44 is available, I'll buy. Please advise.

Payment sent!
txid:a76ac5d20cd4acdc371df1de74bd2a0151f0be802a4a8c4f6a7d2eaa522af85f
333  Economy / Collectibles / Re: RELEASE ANNOUNCEMENT: MERLIN GOLD - 0.10 BITCOIN - CRYPTOLATOR PHYSICAL BITCOIN on: August 28, 2014, 02:58:41 AM
If #44 is available, I'll buy. Please advise.
334  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 27, 2014, 05:08:17 PM

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Seems possible if they have the money and the work force.

At least if it is HashRatio and they are buying chips from AM, that's the next best thing to being an AM project.
335  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 27, 2014, 04:54:36 PM

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Holy cow.
336  Bitcoin / Group buys / Re: [OPEN] ASICMiner Tube Group Buy #1 on: August 27, 2014, 02:47:45 AM
Shipping confirmed. Thanks!
337  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: August 14, 2014, 04:46:26 AM
"Your account is suspended for inactivity. Please contact support to re-activate it."

Seriously? You mean, like the inactivity of waiting month after month after month to be able to trade my now-worthless shares? That inactivity? Great, I'll open a ticket.
338  Bitcoin / Group buys / Re: [OPEN] ASICMiner Tube Group Buy #1 on: August 13, 2014, 10:24:26 PM
I'm in for one! I can't wait to put this sucker together, it looks cool as heck, and the price is right.

I'll wait until box size is nailed down to send the label.

txid:d99b63cb7251824da299198f83bb3565bc3454e34d9281b4ad5e986e650c7e14
339  Bitcoin / Hardware / Re: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip on: August 13, 2014, 02:20:51 PM
I'm disappointed by the upgrade kit. Since you're replacing the boards, you're only getting ~273 additional GH/s for .46 BTC. Yes, it will be more efficient, so there's that.
340  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 10, 2014, 01:44:50 PM

Well you can try your luck using google translate (https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.iasicminer.com%2Findex.php%2Faction-viewnews-itemid-22) but it still is difficult to get the gist of it.
I think it mostly is just some summary of all the things we already got to know about the salon. Nothing new as far as I can tell.

Tough what I got
Under the roast cat line activities - "Million T operator force times"! Currency Friends will meet
---
In head
Friedcat activities - HuhHuh Huh?? lol

 As we all know, is a company with grilled cat oldest qualifications Bitcoin chip manufacturers, the industry enjoyed a well-known reputation in the 2013 launch of the spot roast cat mining machine at the beginning, had caused a mad craze, roast feline force also considered the year At that time the whole network operator soared to force 30% or so, because after skipping the second-generation chip direct R & D third-generation chip, resulting in the production of dating count gradually withdraw from the mainstream of the market, but in May this year, the first into the market three generations of the chip now has a huge success, regained widely recognized in the industry! And this team resolutely declared roast cat came back, not only in chip production work, but also announced the production of baked cat official mining machine!

---
In head
Old company one of the first, good rep super powerful in 2013 bad gen, coming back.
===
Last moment, grilled cat tells some way, these hardships course of a few years everyone to share, and pointed out the roast cat team has done, what projects are underway, but also pointed out will not do projects - such as non- SHA256 type of mining machine grilled cat team is absolutely rejected.
--
No altcoin miners for Asicminer the company maybe another company will be made.
--

In addition to the agents sales agents, which grilled cat mining machine will take a variety of marketing model, which is the more important part of online marketing will be the official network, microblogging, Twitter , Bitcointalk online marketing, respectively.
(At present, there are some online dealers posing as roast cat microblogging letter, etc., the majority of consumers want to keep their eyes open, look for the official website, do not be deceived)
--

Build online market presence on twitter bitcointalk, microblogging (wordpress own site perhaps)
Some fake sites don't be fooled.

If nothing else, AM has the funniest Google translations, bar none. I believe people aren't adequately factoring comedy value into the share price.
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