Just checking in...
If refunded, are the reinvestment unit funds gonna stay as is or divvied out to original members?
I'm putting together a couple votes and will send out an email soon. George, you said that on April 23rd and i've not seen a vote yet! You have been pretty good in past but communication is crucial at this overrun stage. |
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They may ignore us but you can at least make it hard for them to repeat what they have done by using the negative trust feature for DyslexicZombei thomas_s and bobsag3.
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I'm finding every day a struggle at the moment. I have a golden rule of not overconcentrating money in one project, and I have BTC on hand, and PETA looks so damned attractive at this price (BTC=$654 and rising). Someone point me at a better deal, please....
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Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty.
Does it pay well in Club Troll?
Maybe the newbie can do basic math? Difficulty is growing at >1% per day (short term even 3%). 1%^7 = 7.2% per week. 1%^30 = ~35% per month Your shares represent 15 GH/s each. To just keep up with difficulty, that would need to increase by >35% per month or ~5GH over the next month. Lets use tsm13's optimistic estimate for mining revenue: 0.002393 BTC/share/week and lets even assume difficulty wouldnt go up this month. 50% reinvestment yields ~0.0005 BTC or a bit over $3. $3/5GH =$0.6/GH. Good luck with that. Well, since these shares cannot be shorted, do you mind telling us why you are still here? reminding us every single day of why this investment cannot work? Are you just big hearted and want to save us from our own ignorance?? |
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I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...
Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty. Does it pay well in Club Troll? Well he has a point about the difficulty, is our reinvestment increasing our hashrate at 15% every 11 days? You and your naysaying pals have made your position very clear with regard to keeping up with difficullty. But lots of people here disagree with you, and thats fine. What makes your postings suspicious is the constant repetition of the same assertions daily from the same small group of people and various newbies appearing out of the blue. So lets just agree to disagree, and leave it that. Unless of course your paid not to leave it at that! |
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I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...
Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty. Does it pay well in Club Troll? |
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We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.
Such a trade in a regulated market would certainly have caught the eye of regulators.
No it wouldn't have! Look at the recent gold and silver price smash downs!  There is a difference between them noticing and having the balls to take on JPMorgan!! |
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We are very vulnerable in such a thin market to anyone with a bit of money being able to manipulate the price up or down. The fact that someone went as low as they did last night instead of spreading their sells over a time period the market can stand, indicates to me that they were more interested in bringing the price down (and possibly causing a panic) than getting the best possible price for their sell.
Such a trade in a regulated market would certainly have caught the eye of regulators.
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^So sell now, and have some coin ready when the price tanks again. Simple!  Yeh but what when someone collect money and buy all to 0.095 which I espect? Than loss wil be higher than profit;/ and please remeber about bots it is not easy to sell from ask side - it was not so easy even beofre IPO Well with spreads as wide as 10% it's bound to attract market making bots, it's easy pickings. |
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Nothing to worry about. Double down.  The funny thing is that I've already received 50% of my initial btc investment back in dividends and the share price is almost 2x what I initially paid. Yeah.. real bad investment. /sarcasm
Meh. Damn, wish i'd been around to see that, would of snapped those up!! |
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I don't like this silence... so the 660$ or 0.6 BTC i've paid for 6 shares is just gone??? nothing I can do?
And no refunds even though nothing is even close to hashing yet let alone being delivered?
This smells like fuckery... not sure yet on who's side but I don't like this.
Can we have some answers please? It can't be that mysterious and vague...
It's not silence, you have seen the emails above, they have basically put the middle finger up and said they cant be bothered anymore. |
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i can see through both your bullshit talk  il leave it to PETA to show you your wrong, 35/65 is most likely what they will go forward with i stand that PETA can ROI faster then other miners and thus grow with reinvestment's i paid 3.5BTC for my 600GH/s Monarch, i will still be able to break even, considering the slowdown in difficulty increases. If i buy more hardware at peak BTC value, i can most certainly grow and make even more BTC, especially if this time i instead go for available hardware rather then pre-orders, at which point i can get my ROI sooner and and speed up the cycles by adding hardware as i get revenue instead of at the end of ROI break even. ive done my own projections, i know for certain they are not reliable, just as yours you feel so confident of AVOIDING GIViNG the TROLL MORE POSTS with EDIt dialog i have grown impatient, i will not care to elaborate, if people are investing they should be able to think for themselves. they dont need mikemikemike telling them what is. throwing some fallacy's around i see, hogwash really im tired of seeing the trio of non-shareholding disrupters coming in trying to saturate this thread with attitudes of holier then thou, we will now call you the divine trinity. keep blabing and thinking you have the right answer argumentum ad numerum of high degree of innacuracy oh no! mikemikemike, pleas dont feel bad for me! lol take your fake care and sympathy elsewhere you sure made it personal with all your puppet profiles and the obvious intent of your many posts in something you hold no shares i will fight against your intent to mislead PETA shareholders into thinking they should be more like CEX.io or cloudhashing or ButterfylLabs or B.MINE. Reinvestment's are critical to PETA purpose and function. Agree, there is certainly a negative troll pattern emerging with certain accounts. |
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I'm amazed anyone still purchases CEX.IO hashing, there are sooo many massively better deals out there, CEX runs at about 0.07 for 1GHS whilst the PETA project is now running at 0.074 for 15GHS!!! Which is about the best I can find at the moment. https://www.havelockinvestments.com/order.php?symbol=PETA0.07 for... *cough*... 1 GHS? Where are you getting your numbers from? 7 months ago? GHS is currently running at ~0. 007. BTW... Havelock? Isn't that a ponzi scheme? um ok, obvious typo should be 0.007, nothing going to be 15 times better!! but 50% better is still 50% better. And with respect to ponzi scheme, wtf you talking about? Havelock are the virtual shares exchange where PETA is listed! PETA is actually run by Belgian company called Cryptx |
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I'm amazed anyone still purchases CEX.IO hashing, there are sooo many massively better deals out there, CEX runs at about 0.007 for 1GHS whilst the PETA project is now running at 0.074 for 15GHS!!! Which is about the best I can find at the moment. https://www.havelockinvestments.com/order.php?symbol=PETA |
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I would support a higher reinvestment percentage, as it is the biggest advantage of this fund.
As a group with substantial buying power, we will have even better access to top-of-the-line mining hardware, beating competitors with our high efficiency, cheap hardware prices and low hosting costs.
At cex every GH is trading for around 0.07 and each of our shares represent atleast 15GH. We also have a much lower hosting cost than cex AND the big advantage of continous reinvestment.
Therefore, the shares are currently undervalued imo.
Except CEX.IO is hilariously over-priced. It shouldn't be cited as a legitimate measure of hashpower value. You have to take it seriously, because it still sells!! Therefore by definition it's a market price. Though I agree it's massivly expensive, clearly most people are buying based on emotion rather than logic. |
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Yeah i'm pretty sure that if Cryptx was in US I would not be risking investing in PETA,
Lol, you think Belgium of all places is less regulated than any US state? You cant fart there without a government license. I didn't say less regulated, I said "less draconian", as in the way the US shoots first, calls them a terrorist later! Edit: Interesting poll I came across: https://polldaddy.com/poll/8095662/?view=results&msg=voted |
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yeah I guess I should have cashed in all 12 shares back in feb. I cashed in 7 and kept 5 as a show of support to thomas bob and dz.
Win some lose some. maybe july they will start to hash.
I do fell a lot of sympathy to anyone that had a lot invested in round 17 and had never had a good round earlier.
I was lucky to hit 5,6, 9-12 all fiat winners.
I lost on r1 and now it looks like a loss on round 17
5 of 12 shares.
Well before the guys in dz/minersource go slapping themselves on the backs over how much money they have made on the back of virtual shares on something that has not been delivered, they need to pay attention to this recent press release and it's very real consequences for them: http://www.news-leader.com/story/news/local/ozarks/2014/06/02/secretary-state-halts-springfield-bitcoin-business/9871263/ |
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Yeah i'm pretty sure that if Cryptx was in US I would not be risking investing in PETA, thankfully other states are not quite as draconian, that being said, it's totally unregulated so caveat emptor. |
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To anyone else who was hoping for a refund. Despite the fact that the OP clearly states that refunds are available until the kit ships, nobody in DZ Coop is taking any responsibility for it whatsoever. Those that were in DZ but have now gone pro (very tongue in cheek) in minersource are stating that if we didn't ask for a refund before may 1st (random date) we cannot have one!! WELL THAT STINKS!!! Why would anyone EVER trust one of you guys again?  "Hello, Refunds for R17 ended on May 1st. A refund may be possible after Black Arrow ships if there are enough requests from R17 to refund a full unit, however at this time it cannot be completed. Thanks, Madelaine Seele Customer Service support@minersource.net1-844-646-3777" |
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