Ken better sell his coins quick before a big dump happens
+1 Slow and steady wins the race. But seriously don't put this as a market order into the book ,cause you know, that would suck. I'm not sure where he intends on selling his coins, but selling pressure has increased on gox. $90.00 might get breached. |
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Ken better sell his coins quick before a big dump happens
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.0045
But I think it could go .006 if we're lucky .
We didn't have any problems hitting .003 on Friday
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You girls complain to much. He is doing a good job.
Just shut up and buy.
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Cognitive spamming btct-tc's wall and comminicating better than basic atm  Plus, Garrett forgetting to add the (of his copy/paste from the forum): COG - " 50% of mining revenue will be distributed proportionally among shareholders as dividends, and 50% of mining revenue will be added to our growth fund"
BM - "70% of all revenue generated by bASIC-MINING will be distributed to shareholders on a daily basis. To ensure that bASIC-MINING can continue to grow and remain competitive as the BTC network grows, 30% of mining revenue will be held in reserve to purchase new hardware."
I am bullish on both of these funds and think they are doing a very good job.
Maybe we should improve this. Patrick and the 1K BTC in reserves. Yep. He convienently left out key points from my comments. Not cool spamming BTCT with partial facts about other securites. There should be a policy against this type release on btct. Who cares. Everyone knows bASIC is the better of the two. |
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Hi KNCMiningOp, I've already paid for 6 shares in GB3. I'd like to reserve 54 more shares on this GB3. Can you please quote in PayPal for (5.4 BTC + escrow)? 1. You'll transfer 6 BTC to JohnK escrow 2. JohnK confirms me through pm 3. I'll pay you for 5.4 BTC through PayPal (within 24 hours) 4. You confirm my payments through pm and through GB3 thread Agreed? Sorry this is my biggest Bitcoin investment to this date, so I'm looking for escrow options. You'll be the first one I'll be sending my PayPal..  Nothing to worry about he is trustworthy We have done a few things already and he is one of the few I can deal with on here without John K |
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if you do another 500k @ .0025 it should be gone by end of day at the rate were going
Yes, but it would also piss some people off? Maybe to sell 500k more he could spread something like 150k over 3x50k (0.28, 0.29, 0.3) on Bitfunder and 400k on BTCT (which has a lot more liquidity). Not sure what others think, or if the range should be wider (0.28, 0.3, 0.32)? I'm not sure there is a correct decision. Adding shares at all right now is not really ideal but I can understand. Yeah but you cant make everyone happy. People will be upset either way. I think giving more people a chance to purchase at the original offer price of the wall is more fair than say a 500k wall at .003 oe .0028 |
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if you do another 500k @ .0025 it should be gone by end of day at the rate were going
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Something is going on. This is unusual
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that wall was legit, someone just sold into it!
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75 bid wall  |
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Tell us how many of those 25 belong to you
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That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.
How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests. Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here. I'm not saying you're wrong for claiming they may appreciate because that I can't predict. I can tell you that even if he had ALL, that's right EVERYTHING he claims hell have by past Septmeber today it wouldn't be enough. "Our hashrate after all of the above and we spend our remaining treasury shares + growth funds: 1.1+ th/s (1100 gh/s)" Put this into our calc we get 1100000/10420 that leaves us with 105Mh/s a share. With a price of 1BTC we put this into our calc; http://www.bitcoinx.com/profit/. with 105MH/s and a cost of 95 and a 6 month time frame you will breakeven in 2 years. In three months you'll be down 63USD. Remember you're losing with gear he doesn't even have yet so to figure it out with his current structure you're a bigger loser. This leaves me to speculate that you guys are missing something rather obvious or you're making a big gamble that he'll get all this "gear" tomorrow and even if he did you're still losing. This is why I'm asking investors why they are currently buying right now in case there is something I have blatantly missed. If you got in from the start that's another story and one I don't care to discuss. I'm talking about the current assest as it stands today. Go research any stock out on the nyse or nasdaq paying dividends and calculate how long it it will take you to break even, you wont find anything under 2 years |
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Scooped up 5k, Can scoop up another 15k maybe, but that would involve me selling all my shares of basic :/
Is it worth it?
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Hi guys,
l tried to understand what is going on here in order to invest and/or buy hardware.
Can someone please summarize for me in plain English the thread?
What shares should I buy in order to help for the NRE?
When should we expect the hardware delivery, if everything goes acording to plan?
Thank you in advance!
Buying the wall on www.btct.co will help since those funds go directly to kslaughter. |
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