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Author Topic: Mining Bonds, Stocks For People Who Can't Do Basic Maths.  (Read 4415 times)
SOSLOVE868
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June 24, 2013, 03:06:13 AM
Last edit: June 24, 2013, 10:57:04 AM by SOSLOVE868
 #61





OK, I guess my example was still too complicated to comprehend.

* you lucky man. You have 1 share of "A"
* "A" pay you money. Good money! 10 money every Saturday! You so happy!
* "A" price drop 12 money every Saturday too. You sad! Got 10 but lost 12.
* You still happy!? You stupid!

Or do we need to use crayons and paint you a fkn picture? Smiley

If you can buy a PMBT at deep discount so your next predicted "div payments - loss form price drop" gives you a positive number, go for it.
Birdy
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June 24, 2013, 10:42:22 AM
 #62

Funny enough some of these PMB's are still highly profitable (40%+ APR) in the meantime, but if the price crashes prematurely then it's hopeless. That could be due to BTC crashing, or posts like this.. but once it does, it's a fight to see who can get out with that profit (most wont because most panic and don't wait it out to sell back at their initial cost).

Nope, they are not highly profitable, they give out good divididends until the next difficult adjustment.
Selling them before is not "panicing", it's hoping that someone else is stupid enough to still pay more than they are worth.

Conclusion -> the only way to make profit on them is the greater fool theory making them a horrible investment



OK, I guess my example was still too complicated to comprehend.

* you lucky man. You have 1 share of "A"
* "A" pay you money. Good money! 10 money every Saturday! You so happy!
* "A" price drop 12 money every Saturday too. You sad! Got 10 but lost 12.
* You still happy!? You stupid!

Or do we need to use crayons and paint you a fkn picture? Smiley

If you can buy a PMBT at deep discount so your next predicted "div payments - loss form price drop" gives you a positive number, go for it.


Why are you quoting my post for this? It doesn't defend PMBs.
SOSLOVE868
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June 24, 2013, 10:58:16 AM
 #63

Funny enough some of these PMB's are still highly profitable (40%+ APR) in the meantime, but if the price crashes prematurely then it's hopeless. That could be due to BTC crashing, or posts like this.. but once it does, it's a fight to see who can get out with that profit (most wont because most panic and don't wait it out to sell back at their initial cost).

Nope, they are not highly profitable, they give out good divididends until the next difficult adjustment.
Selling them before is not "panicing", it's hoping that someone else is stupid enough to still pay more than they are worth.

Conclusion -> the only way to make profit on them is the greater fool theory making them a horrible investment



OK, I guess my example was still too complicated to comprehend.

* you lucky man. You have 1 share of "A"
* "A" pay you money. Good money! 10 money every Saturday! You so happy!
* "A" price drop 12 money every Saturday too. You sad! Got 10 but lost 12.
* You still happy!? You stupid!

Or do we need to use crayons and paint you a fkn picture? Smiley

If you can buy a PMBT at deep discount so your next predicted "div payments - loss form price drop" gives you a positive number, go for it.


Why are you quoting my post for this? It doesn't defend PMBs.

Just Ctrl-C and Ctrl-V, Forget to modified on it. It been changed now.
EskimoBob
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June 24, 2013, 05:39:58 PM
 #64

I have written about this for almost a year now and guess what - idiots are still dumping money to perpetual mining turds (bonds? LOL!).
Brilliant!

Aren't you the scammer stealing everyone's LTC with the comparatively much more retarded "buy clay ovens"? At least mining gear turns the heat into Bitcoin, which is closer to Bitcoin than etsy shit will ever get.

You are the poster child for "scammer trying to act like he's giving advice".

*crickets chirp*

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
radiumsoup
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June 24, 2013, 09:31:00 PM
 #65

I have written about this for almost a year now and guess what - idiots are still dumping money to perpetual mining turds (bonds? LOL!).
Brilliant!

Aren't you the scammer stealing everyone's LTC with the comparatively much more retarded "buy clay ovens"? At least mining gear turns the heat into Bitcoin, which is closer to Bitcoin than etsy shit will ever get.

You are the poster child for "scammer trying to act like he's giving advice".

*crickets chirp*
Comedy gold, that Cheesy

PGP fingerprint:   0x85beeabd110803b93d408b502d39b8875b282f86
MPOE-PR
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August 13, 2013, 02:36:51 PM
 #66

I have written about this for almost a year now and guess what - idiots are still dumping money to perpetual mining turds (bonds? LOL!).
Brilliant!

How's the ART scam going?

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