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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ROI for 2nd generation shares
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on: December 10, 2014, 02:23:20 PM
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Hi. I just bought 4 10-packs of 2nd generation pre-shares, so I now own 40 2nd gen pre-shares. According to Chris' data here: https://ltcgear.com/wp-content/uploads/2014/12/reward_2nd.png each 2nd gen share is likely to generate 0.006 BTC/day. In other words, my 40 shares should yield about 7.2 BTC/month, which is ROI in less than 2 weeks based on my 3.08 BTC purchase price! Or am I missing something...?  are you sure? is it BTC/Share? Y axis in graph is not specified so it isn't clear if it's btc/share. Even if it is, numbers are based on these 2nd shares up and running which won't happen until around January. Chris' caption states "here’s the real data of last 7 days for one second gen unit". He says the figures refer to ONE unit... I did some further calculations.... Chris states that ONE 2nd gen shares yields the equivalent of 3000 Khs on Scrypt algorithm. Then, looking at its graph, one such share seems to generate roughly 0.0005 BTC/day if mining LTC. This makes sense to me, based on 3000 Khs, right? If my reasoning is correct, his graph indeed shows the performance of ONE 2nd gen share....then ROI is astonishing! |
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ROI for 2nd generation shares
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on: December 10, 2014, 02:12:42 PM
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Hi. I just bought 4 10-packs of 2nd generation pre-shares, so I now own 40 2nd gen pre-shares. According to Chris' data here: https://ltcgear.com/wp-content/uploads/2014/12/reward_2nd.png each 2nd gen share is likely to generate 0.006 BTC/day. In other words, my 40 shares should yield about 7.2 BTC/month, which is ROI in less than 2 weeks based on my 3.08 BTC purchase price! Or am I missing something...? are you sure? is it BTC/Share? Y axis in graph is not specified so it isn't clear if it's btc/share. Even if it is, numbers are based on these 2nd shares up and running which won't happen until around January. Chris' caption states "here’s the real data of last 7 days for one second gen unit". He says the figures refer to ONE unit... |
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] UCIcoin - Universal Crowd-Funding Investments - Backed by real assets
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on: November 01, 2014, 04:23:01 PM
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Just checked out the webpage, and I see you guys are based in Lebanon, so I guess the United States Securities and Exchanges Commission would not have jurisdiction. It seems like the only asset backing the coins is the company, though, and your promises to payout some cash/btc every month, which when you guys control all of the coins in the beginnning, seems just like a stock with splits that pays dividends, right? Just looked here: http://www.legalink.ch/Root/Sites/legalink/Resources/Questionnaires/IPOs/Middle-East/Legalink_IPO_Lebanon.pdfAnd I guess you guys probably don't have enough capital to qualify for listing on the Beirut stock exchange, as it seems to require at least 1M USD worth of Lebanese pounds. So, I guess if the choice is to issue OTC stock or PoS coin, maybe crypto is the way to go. No way I'd touch this, but good luck... Their company holds shares of other companies. One of them is an Australia-based startup featured in the 2014 Gartner Cool Vendor list.... I believe those shares are valuable. |
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