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I dont believe any of it. I am mortified. I hardly believe someone could spend 1200BTC on hardware that turns into this shit mess and its due to the fact they dont seem to give a fuck about the share price or the dividend.
Does anyone technically absolutely know their stuff? Does 1200BTC turn to shit like this in mining or is it me.
I went by their PETA mine and its all bollox as far as I can see. It should be generating enough and re-invested correctly to ensure maximum yield. Thats supposed to be their job not mine.
I hv lost all my savings. Thanks crypt x. You guys rock and keep it rockin.
This what they say on PETA mine so what the hell is happening?
"Strategic partnership with leading hardware designers/manufacturers means CryptX will have access to future chip developments at the most competitive rates on the market."
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They must hv raised 1200BTC for the project and every week they earn half or they have many BTCs for re-investment, so they must be sitting on enough BTC to pay everyone back. I dont believe 1200BTC spent on scrypt mining could turn out this shit.
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If crypt x cant give the market or project confidence and ensure a good share price. Then they should buy back at IPO price and keep the mine 100% for themselves. Robbing peoples money or doing well and not caring if anyone else does. Is BULL CRAP. Totally.
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Just trying to entice them. And yes they have made their money and continue to do so. So yes they should buy back at full IPO price.
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People they need guarantee buybacks on any IPO minus say 10% as they hv earnt a lot in BTC using the funds to scrypt mine. So if they hv made their money and continue to so so by buying peoples shares, its still a win situation for them.
That would be good and proper.
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Nah better good Reinvestments ! GOOD Ones.. are they really pros? Why buy this overpriced A2 Miners?
There are plenty companies giving better miners for less money + we have a strong buying power with 100 BTC
Contact for example Gawminers and get some Warmachines for half of the price than A2 ... ! Or wait for Vaultbreaker or wait buy KNC whatever but A2 overpriced? Really you can throw out our Reinvestment fund out of the window...
But yeah here is no dialog with Scrypt X and I really thing Scrypt X should invest 5 BTC in a Community Manager to get this thing going up again.
Cheers
If you distribute 100%, one can exit this "share" without losing the money that is stuck in the reinvest fund... If you keep this fund running, it's just money sitting there... and what if you don't want to reinvest ? You cant. What if you ant to sell your share without losing your reinvestment part ? You can't... You're just stuck with a non communicating entity (notice how they don't even tell us how much LTC were mined in the last update... just when the LTC/BTC ratio was rising again...) Exactly, I see that as a possible solution. They should just save up enough re-investment and re-imburse us at the IPO price as soon as they can and keep the project for themselves, its a good earner for one small group of people. |
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Should we chip-in to buy a domain and start making a campaign to make them hear and answer us?
Or chip-in to send someone to knock at their door in Belgium?
Or chip-in to hire a lawyer to open a case?
Or should we call it a day, take the 100% loss and forget about this shares/stock/company and use our time for something different?
We certainly need answers. I was thinking they must hv raised like 1200BTC? |
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I think that would be a good vote. Should we sell up and re-imburse investors?
For one I would love my BTC fully returned right now. We need crypt x to say something.
But some are saying that LTC will be 150USD, but how true these things are, needs careful thought.
Investments in crypto irregardless of form needs to be looked at over a long time frame. LTC going to 150$ isn't that crazy of a notion, it hit 50$ when BTC hit 1200, if BTC hits 5k+ this time around that would put LTC @ 200$ or better. It is up to each person to decide what their risk factor is, considering that BTC is a mere 5 years old, barely a zygote in the world of finance, I am looking at all of this with the next 20 years in mind. Looks like I am in for the long haul. With any luck dividends increase and share price too. With any luck after 24months will hv my BTC funds! |
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LTC ratio on its way up??
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I think that would be a good vote. Should we sell up and re-imburse investors?
For one I would love my BTC fully returned right now. We need crypt x to say something.
But some are saying that LTC will be 150USD, but how true these things are, needs careful thought.
Investments in crypto irregardless of form needs to be looked at over a long time frame. LTC going to 150$ isn't that crazy of a notion, it hit 50$ when BTC hit 1200, if BTC hits 5k+ this time around that would put LTC @ 200$ or better. It is up to each person to decide what their risk factor is, considering that BTC is a mere 5 years old, barely a zygote in the world of finance, I am looking at all of this with the next 20 years in mind. I dont hv that kind of time. I should hv bought a brand new porshe right now instead of sat here like a ................. |
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I think that would be a good vote. Should we sell up and re-imburse investors?
For one I would love my BTC fully returned right now. We need crypt x to say something.
But some are saying that LTC will be 150USD, but how true these things are, needs careful thought.
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Only a third of people voted, so I was unhappy that crypt x took that as a yes. And in any case they need to make the expert decisions.
I too hope they buffer the dividend and share price as soon as they can to keep investors happy, as nobody like me thought LTC price would fall so low.
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I think all this whinging has driven the share price down. its like a stock market security too. so as the LTC/BTC ratio screwed our dividends, we screwed ourselves.
Someone has probably wanted this to happen so they can buy in dirt cheap, otherwise the share price should be at least half of IPO right now.
So I am sure it will be good as the re-investment funds seem to grow pretty fast and I am sure crypt x will use them to buffer dividends in future while they wait on new chips.
Yes I am pissed off at my share price right now but freaking out here has 100% not helped any share holders. Always work in interest of the share holders is the key to any project.
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hv u seen ltc - its at damn 7.60USD??!!
I never in a million years thought ltc value would slump so bad, and so has the dividend. what we need guys is LTC to rocket like it is supossed to and for all parties to do well from it
dividend wise the peta mine has done good and people had plenty opportunity to sell shares at a good profit
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the dividend has surely affected the share price and people selling, then the LTC/BTC ratio, there is still a glimmer that at bottom, things will only improve and share price. But, for anyone who invested a lot it seems a bit hairy right now, thats for damn sure
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i am gonna wait the long haul, best option right now. or i cud crash the market myself and buy back, mmmrrrrrroaahh
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How's it goin'?
Crappy. Even wanting to take the loss and get out, not enough buy orders to cover my sell. There goes the money I needed for the first deposit to buy my apartment... and I thought to get a fast in - fast out type of operation. Havelock doesn't disappoint... another shitty product where I lost money. Man, I'm so pissed at myself, you have no clue. Exactly. |
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same here, so pissed. thought it would go same as the PETA mine and here we are stuck until things improve. Wish i had bought in now
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lol, longterm project it will be
looking at the charts posted above, the LTC is probably bottom now, so with any luck, this will only get better.
god damn hope so.
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People are saying the LTC/BTC ratio will make a run upwards sometime soon, possibly in next 3 weeks. Then the dividend will sky rocket too. Any takers on this?
AS i mention before i am no techy.
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