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Author Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)  (Read 565641 times)
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Anotheranonlol
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April 24, 2014, 01:02:27 PM
 #2161

'scalping' is the wrong word. it is not even selling these shares. if the bot is yours you will already know the behavior well, if not just take a look at the orderbook and try and sell say; 2 shares for a better understanding
You run a bot that creates supply but not demand, and now you're arguing that that 'keeps the price down'Huh

Edit: that statement is wrong. Your bot creates demand, not supply. The question still stands though.


I'd say it's easier to just observe yourself, it's not creating any demand as far as I could tell.

EdoBcn
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April 24, 2014, 01:45:27 PM
 #2162

110btc on blockchain + we should be mine 28btc a day = 0.000803207 dividends tomorrow, not counting altcoins/processors or eventual more TH/s added today.

not bad Smiley
Darkstone2
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April 24, 2014, 02:31:59 PM
 #2163

'scalping' is the wrong word. it is not even selling these shares. if the bot is yours you will already know the behavior well, if not just take a look at the orderbook and try and sell say; 2 shares for a better understanding
You run a bot that creates supply but not demand, and now you're arguing that that 'keeps the price down'Huh

Edit: that statement is wrong. Your bot creates demand, not supply. The question still stands though.


I'd say it's easier to just observe yourself, it's not creating any demand as far as I could tell.

You say that you're not selling any shares. that means that you are buying in some way. Buying creates demand.
Anotheranonlol
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April 24, 2014, 02:58:15 PM
 #2164

'scalping' is the wrong word. it is not even selling these shares. if the bot is yours you will already know the behavior well, if not just take a look at the orderbook and try and sell say; 2 shares for a better understanding
You run a bot that creates supply but not demand, and now you're arguing that that 'keeps the price down'Huh

Edit: that statement is wrong. Your bot creates demand, not supply. The question still stands though.


I'd say it's easier to just observe yourself, it's not creating any demand as far as I could tell.

You say that you're not selling any shares. that means that you are buying in some way. Buying creates demand.


Right- I'm not selling any shares but I'm not buying either; not buying shares contributes about as much to demand as not selling contributes to supply, What's that got to do with a bot which continuously undercuts asks?  Huh

Darkstone2
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April 24, 2014, 03:50:38 PM
 #2165

Your post from 5:09 gives the impression that you run a bot, that is apparently not selling anything which you believe has the side effect of keeping the price down.

Now you're saying you're not buying or selling anything, so i probably misunderstood your earlier post.
cryptoconomist
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April 24, 2014, 04:02:41 PM
 #2166

there we go 434terra   Grin

to the moon
mikemikemike
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April 24, 2014, 04:07:06 PM
 #2167

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.
cryptoconomist
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April 24, 2014, 04:29:59 PM
 #2168

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.

Im probably speculating but I wouldn't be surprise if bitmine is delivering... Maybe the PCB they are using is our design and in exchange we get delivered first... is that remotely possible?

finger cross we go above 500terra today... if we break 450terra that would be a great sign for us
stompysteve
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April 24, 2014, 04:45:34 PM
 #2169

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.

Im probably speculating but I wouldn't be surprise if bitmine is delivering... Maybe the PCB they are using is our design and in exchange we get delivered first... is that remotely possible?

finger cross we go above 500terra today... if we break 450terra that would be a great sign for us
we broke 450, 1hr hasn't caught up yet though
460.45 TH 15min
404.99 TH 1hr
mikemikemike
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April 24, 2014, 04:46:45 PM
 #2170

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.

Im probably speculating but I wouldn't be surprise if bitmine is delivering... Maybe the PCB they are using is our design and in exchange we get delivered first... is that remotely possible?

finger cross we go above 500terra today... if we break 450terra that would be a great sign for us

Dude, we were at 200 TH/s a week ago. This is already the best sign we could have hoped for. Im gonna liquidate and send us back to the moon soon. Never been happier with one of my investments. To put this in perspective, the SP is the same as it was a week ago. We are still getting phenomenonal value. Wish bcmine was still here to spread fud as I think the opportunity for cheap shares is going to die very shortly. Were early adopters in what is the best securities investment going. Im over the moon, would hug the shit out of cryptx if I saw them
cryptoconomist
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April 24, 2014, 04:51:02 PM
 #2171

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.

Im probably speculating but I wouldn't be surprise if bitmine is delivering... Maybe the PCB they are using is our design and in exchange we get delivered first... is that remotely possible?

finger cross we go above 500terra today... if we break 450terra that would be a great sign for us
we broke 450, 1hr hasn't caught up yet though
460.45 TH 15min
404.99 TH 1hr

we need the 24hr to break 450terra
stompysteve
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April 24, 2014, 05:21:07 PM
 #2172

there we go 434terra  Grin

cmon baby give it to papa

Jesus christ. I hate using this saying but were going to the moon. 100 TH/s last week, 130+ this week. Call me pessimistic but I cant see us keeping this up. This is beyond ridiculous.

Im probably speculating but I wouldn't be surprise if bitmine is delivering... Maybe the PCB they are using is our design and in exchange we get delivered first... is that remotely possible?

finger cross we go above 500terra today... if we break 450terra that would be a great sign for us
we broke 450, 1hr hasn't caught up yet though
460.45 TH 15min
404.99 TH 1hr

we need the 24hr to break 450terra
the number wont change on the 24 hr until tomorrow(i think), but since we only got to 450+ halfway thru today the 24hr for tomorrow will be ~400
hephaist0s
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April 24, 2014, 06:00:45 PM
 #2173

I think the market has become very cynical. PetaMine has a proven track record, great communication with shareholders (all the way back to last fall), and we get ~100TH/s in 2 days and the share price barely budges. What would it take to impress you people?! Ponies for every shareholder, maybe.

Doesn't matter, I'm not selling anyway.

Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
stompysteve
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April 24, 2014, 06:05:25 PM
 #2174

I think the market has become very cynical. PetaMine has a proven track record, great communication with shareholders (all the way back to last fall), and we get ~100TH/s in 2 days and the share price barely budges. What would it take to impress you people?! Ponies for every shareholder, maybe.

Doesn't matter, I'm not selling anyway.
Anotheranonlol
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April 24, 2014, 06:09:52 PM
Last edit: April 24, 2014, 06:23:05 PM by Anotheranonlol
 #2175

I think the market has become very cynical. PetaMine has a proven track record, great communication with shareholders (all the way back to last fall), and we get ~100TH/s in 2 days and the share price barely budges. What would it take to impress you people?! Ponies for every shareholder, maybe.

Doesn't matter, I'm not selling anyway.

Market is extremely cynical, especially after BTCT and bitfunder closure and recent events with NEO and so on so forth.

Quick calculation on the return on PETA: assuming the following pessimistic outlooks

1) PETA never expands beyond the % of global hashrate they have achieved today (0.78), BUT continues to maintain it
2) BTC price never goes above $510- remains around the 500 mark (hosting fees cutting into mined btc)

therefore, yearly yield (based on last share price today): ~89% with the pessimistic outlook above factored in.

And frankly if you are choosing to invest into what is right now, a pretty illiquid bitcoin denominated security you should be having long-term positive outlook on at the least, bitcoin/$ price

As a brand new investor in Asicminer: How long would it take to see a comparable return (based on current dividends & sp): 136 Years

dhenson
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April 24, 2014, 06:16:29 PM
 #2176

Are there any European shareholders that would be interested in taking a trip to Brussels to visit the mine?  I am very interested in seeing some pictures of the operation and would be willing to chip in for travel costs.

I'm paying a bounty of .5 btc for a picture of a verified shareholder in front of the mining racks standing next to Cryptx.  Anyone else want to chip in?
Anotheranonlol
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April 24, 2014, 06:17:27 PM
 #2177

Are there any European shareholders that would be interested in taking a trip to Brussels to visit the mine?  I am very interested in seeing some pictures of the operation and would be willing to chip in for travel costs.

I'm paying a bounty of .5 btc for a picture of a verified shareholder in front of the mining racks standing next to Cryptx.  Anyone else want to chip in?

Who says CryptX would allow such a visit?

dhenson
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April 24, 2014, 06:25:12 PM
 #2178

Are there any European shareholders that would be interested in taking a trip to Brussels to visit the mine?  I am very interested in seeing some pictures of the operation and would be willing to chip in for travel costs.

I'm paying a bounty of .5 btc for a picture of a verified shareholder in front of the mining racks standing next to Cryptx.  Anyone else want to chip in?

Who says CryptX would allow such a visit?

A few months ago I mentioned to Cryptx via PM that I was thinking about visiting the mine.  At that time he seemed amiable and would have welcomed the visit.

Of course, the visit would be vetted through Cryptx before actually occuring.
cryptoconomist
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April 24, 2014, 06:28:20 PM
 #2179

I think the market has become very cynical. PetaMine has a proven track record, great communication with shareholders (all the way back to last fall), and we get ~100TH/s in 2 days and the share price barely budges. What would it take to impress you people?! Ponies for every shareholder, maybe.

Doesn't matter, I'm not selling anyway.

Market is extremely cynical, especially after BTCT and bitfunder closure and recent events with NEO and so on so forth.

Quick calculation on the return on PETA: assuming the following pessimistic outlooks

1) PETA never expands beyond the % of global hashrate they have achieved today (0.78), BUT continues to maintain it
2) BTC price never goes above $510- remains around the 500 mark (hosting fees cutting into mined btc)

therefore, yearly yield (based on last share price today): ~89%

As a brand new investor in Asicminer: How long would it take to see the same return (based on current dividends & sp): 136 Years


A valuation with a dividend yield of 15% seems to be more appropriate...

Ill be all in again with my div.
cryptoconomist
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April 24, 2014, 06:30:22 PM
 #2180

Are there any European shareholders that would be interested in taking a trip to Brussels to visit the mine?  I am very interested in seeing some pictures of the operation and would be willing to chip in for travel costs.

I'm paying a bounty of .5 btc for a picture of a verified shareholder in front of the mining racks standing next to Cryptx.  Anyone else want to chip in?

I'm in 0.1btc

anything to reassure potential investors should be the name of the game for now
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