[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)

[ujka]

But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...

Yes, you would - 138% of your initial investment:
0.00168724 * 52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%

Edit: I see your point, you are talking 138% profit 'over' your initial investment. What I did show you is a 38% profit 'over' initial investment.
But 'annual yield' is just dividends received expressed as a percentage based on the investment.

[Aireun]

But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...

Yes, you would - 138% of your initial investment:
0.00168724 * 52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%

I don't believe this is correct the dividend variable (0.00168724) increases/decreases... it's not finite. Truth be told, the yield is not accurate for this investment. Could be more could be less at the end of the year.

[ujka]

^
Ofc, dividend yield column on havelock is very deceiving, because it's calculated ONLY on the LAST paid dividend.

http://www.investopedia.com/terms/a/average-annual-yield.asp
'backward-looking measurement'

[Aireun]

^
Ofc, dividend yield column is very deceiving, because it's calculated ONLY on the LAST paid dividend.

My point exactly. It comes clear to me that many here do not understand the type of investment market they entered, nor have set goals. This is not your typical stock market investment. Many variables effect your ROI(s).

[Aireun]

You know, we as a community here and investors of PETA should really start some positive, logical speculations. This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).

[NotLambchop]

... This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).

Lol, you'd be right at home @Active Mining.  The cheerleaders insisted that kSlaughter didn't post due to all the "FUD."  Of course, all the "FUD" turned out to be fact, and Active Miners lost ~99.8% of their "investment."

AFA "best mining investment out there"?
If the best mining investment is terrible because maths, consider ...not investing in this terrible "best mining investment."

[fonsie]

the best mining investment out there (to my knowledge).

You could be absolutely right that it is the best mining investment out there. That doesn't make it a good one however.

But I'm going to keep quiet as of now, people should draw their own conclusions. Time will tell what the final outcome will be, if it's going to be a great success, I'll be the first to admit I was wrong.

Good luck everybody

[blizeH]

Looks like I bought in at a good time eh...

[Aireun]

... This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).

Lol, you'd be right at home @Active Mining.  The cheerleaders insisted that kSlaughter didn't post due to all the "FUD."  Of course, all the "FUD" turned out to be fact, and Active Miners lost ~99.8% of their "investment."

AFA "best mining investment out there"?
If the best mining investment is terrible because maths, consider ...not investing in this terrible "best mining investment."

Aside from day trading bitcoin to capital gain, (at this point in time) mining at home is too difficult, anything past break even gives little to nothing in capital gain (not to mention a lot of maintenance). At least with PETA, expansion continues from reinvestment and when/if your done mining and reached your goals by taking out your capital and what ever percent (you wish to remove) in capital gain allows (you the investor) room for more goal setting (personal reinvestment). Also, miners (in general) are necessary for the bitcoin development and value expansion. Investing in mining helps to give value to bitcoin and keep the block chain going. The ultimate goal of any bitcoin investment is to aquire more bitcoin to hold and/or reinvest to ROI big when the value of bitcoin spikes, is it not?

Do you know any other 'current' bitcoin investments like PETA, that give good sized ROI without active trading?  

[ChevaL]

Something to remember: In the Bitcoin world, numbers and graphs are not the only variables, you also have to add the ''Surprises'' ''FUD'' ''Miracles'' variables in as well.

Of course, on paper, right now, today, according to ''numbers and graphs'' anyone can safely assume that ''IN 6 MONTHS THE SKY WILL FALL'' but the truth is, no-one knows what tomorrow has in store.. may that be a miracle share pump or a miracle chip sale, or a surprise competitor's death or a surprise reversal of hashing power etc etc.

No one knows.

[NotLambchop]

@Aireun:
Investing in PETA, which, AFAIK, mines on ghash.io, is *horrible* for Bitcoin.  See here.  Stop parroting nonsense.

Investing does imply increasing your bitcoin stash.  If you can not find any offerings to accommodate that, the wisest choice is not to "invest" in the one that loses you the least money.
No.
Simply *DO NOT INVEST!!1!*
There.

[ChevaL]

@Aireun:
Investing in PETA, which, AFAIK, mines on ghash.io, is *horrible* for Bitcoin.  See here.  Stop parroting nonsense.

Investing does imply increasing your bitcoin stash.  If you can not find any offerings to accommodate that, the wisest choice is not to "invest" in the one that loses you the least money.
No.
Simply *DO NOT INVEST!!1!*
There.

CryptX announced they wanted to Leave Ghash when the 51% drama was going on.. which is why, at that moment, some of us decided to jump in.

[NotLambchop]

Something to remember: In the Bitcoin world, numbers and graphs are not the only variables, you also have to add the ''Surprises'' ''FUD'' ''Miracles'' variables in as well.

Of course, on paper, right now, today, according to ''numbers and graphs'' anyone can safely assume that ''IN 6 MONTHS THE SKY WILL FALL''...

Nonsense.  Only if you don't know how to interpret numbers or graphs.

...but the truth is, no-one knows what tomorrow has in store.. may that be a miracle share pump or a miracle chip sale, or a surprise competitor's death or a surprise reversal of hashing power etc etc.

No one knows.

No one can guarantee that The Easter Bunny won't show up and make all of us rich, but most adults discount that possibility in their financial prognoses.  Stop banking on miracles, and, I can assure you, your prognoses will suddenly become more accurate.
Truth.

[NotLambchop]

...
CryptX announced they wanted to Leave Ghash when the 51% drama was going on.. which is why, at that moment, some of us decided to jump in.

CryptX announced many things that didn't/won't come to pass.  AFAIK PETA is currently mining on ghash.io.

[ChevaL]

Something to remember: In the Bitcoin world, numbers and graphs are not the only variables, you also have to add the ''Surprises'' ''FUD'' ''Miracles'' variables in as well.

Of course, on paper, right now, today, according to ''numbers and graphs'' anyone can safely assume that ''IN 6 MONTHS THE SKY WILL FALL''...

Nonsense.  Only if you don't know how to interpret numbers or graphs.

...but the truth is, no-one knows what tomorrow has in store.. may that be a miracle share pump or a miracle chip sale, or a surprise competitor's death or a surprise reversal of hashing power etc etc.

No one knows.

No one can guarantee that The Easter Bunny won't show up and make all of us rich, but most adults discount that possibility in their financial prognoses.  Stop banking on miracles, and, I can assure you, your prognoses will suddenly become more accurate.
Truth.

You might be right, that's my problem, I got lucky too often in my Bitcoin Adventure and met the almighty Miracle Bunny more than once.

[Puppet]

CryptX announced they wanted to Leave Ghash when the 51% drama was going on.. which is why, at that moment, some of us decided to jump in.

Which is of course, a very, very stupid reason.

Dont get me wrong, Im appalled cryptx is even mining there, and I would welcome a switch to p2pool or some smaller pool (my vote goes to bitminter), but buying existing shares from another shareholder at an inflated price is going to change what exactly about where cryptx mines, or for that matter, with how many TH he mines ? If you had bought in to an IPO at least you could claim you want to "support" the security issuer for mining at your favorite pool, but thats not what you did.

[Aireun]

@Aireun:
Investing in PETA, which, AFAIK, mines on ghash.io, is *horrible* for Bitcoin.  See here.  Stop parroting nonsense.

Investing does imply increasing your bitcoin stash.  If you can not find any offerings to accommodate that, the wisest choice is not to "invest" in the one that loses you the least money.
No.
Simply *DO NOT INVEST!!1!*
There.

You sir, parrot more nonsense than quakers got oats... (and quakers got a lot of oats). Your a Toll among troll's. Infact... I think I seen you around:


Ah, yes... there you are.

Anyway, not to be anti troll, but you talk to much on this forum for someone 'not investing' in PETA (Because PETA is so bad and all, or as you stated "horrible"). So do us, and all the rest of this community a big favor and piss off, k?   People like you are nothing more than those who sit with the peanut gallery... useless. Also, if your one of those "hero trolls" trying to do us good by informing us investors to try and save us all from a bad investment... just don't, ok? Go day trade, mine or invest in something else.

You speak as if you know the answer to everything (which I doubt) so go get yourself a 40000% ROI genius, Stop wasting your time here with us newbies who know nothing apparently <inset sarcasm>. Such a facade you are. Again just piss off. Thanks.

[ChevaL]

CryptX announced they wanted to Leave Ghash when the 51% drama was going on.. which is why, at that moment, some of us decided to jump in.

Which is of course, a very, very stupid reason.

Dont get me wrong, Im appalled cryptx is even mining there, and I would welcome a switch to p2pool or some smaller pool (my vote goes to bitminter), but buying existing shares from another shareholder at an inflated price is going to change what exactly about where cryptx mines, or for that matter, with how many TH he mines ? If you had bought in to an IPO at least you could claim you want to "support" the security issuer for mining at your favorite pool, but thats not what you did.

Because I have no idea what i'm doing and I didn't even know that this fund existed before the 51% drama and just like every other time, I jumped on a project/idea because i'm curious and want to learn things and thought I was doing a good thing so I invested.

It's pretty clear that i'm a rookie ''investor'' and to be honest, I just associated ''buying Peta shares = supporting decentralizion away from Ghash'' . I get your point and I understand that I did not really help the network now.

You don't have to be so ''bold'' all the time Puppet, this is not a question of life or death for me , i'm just playing/learning with a few coins. Chill

[NotLambchop]

...
You sir, parrot more nonsense than quakers got oats... (and quakers got a lot of oats). Your a Toll among troll's. Infact... I think I seen you around:


Ah, yes... there you are.

Anyway, not to be anti troll, but you talk to much on this forum for someone 'not investing' in PETA (Because PETA is so bad and all, or as you stated "horrible"). So do us, and all the rest of this community a big favor and piss off, k?   People like you are nothing more than those who sit with the peanut gallery... useless. Also, if your one of those "hero trolls" trying to do us good by informing us investors to try and save us all from a bad investment... just don't, ok? Go day trade, mine or invest in something else.

You speak as if you know the answer to everything (which I doubt) so go get yourself a 40000% ROI genius, Stop wasting your time here with us newbies who know nothing apparently <inset sarcasm>. Such a facade you are. Again just piss off. Thanks.

How old r u bro?

[Aireun]

Old enough, Sis.