oma5
Newbie
Offline
Activity: 37
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 04:32:19 PM |
|
This site is really becoming quite useless. You guys should give up this mud slinging!
We are simply investing our virtual tokens in a mine that is producing more virtual tokens. So, we don't actually own the equipment that produces the tokens, but instead we have decided to invest our tokens into the imprecisely explained promise to receive a certain percentage of tokens generated and calculated from how many tokens we invested out of the total number invested by the whole group. There is no money involved and the tokens only exist by virtue of the fact that a corresponding transaction is recorded on a block chain that has no physical existence. Some people traded real money to obtain tokens to invest but they did not pay anything real (but only tokens) to 'buy into' the promise. So, how can trading in tokens be any different than using Monopoly money to buy four green houses? This is all only a game. It makes no difference if later we can exchange these tokens for real money. There are other games on the internet where we can pay real money to play a virtual game in a virtual world.
The fact that we have this hope and belief that we might be able to exchange these tokens to real cash does not change the fact that this is only a game we are playing.
|
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 04:36:46 PM |
|
... Considering there are lot of threads on this forum your work isn't finished. There are thousands of people investing in unregulated high risk securities and they need your help. (apparently all of them don't know what they are doing) ... ~95% of these unregulated securities have lost money for investors--through theft, exchange closures, theft and exchange closures, honest incompetence, honest incompetence and exchange closures... the reasons are irrelevant. Therefore, I'd hazard a guess that ~95% of said investors could have used some help, no? There's a small chance that said intrepid investors and finance aficionados intended to lose money, (perhaps to get back at Teh Man [see: Daddy Issues] or some humiliation/sub/SnM fetish, don't know, don't judge), but, unless these fora are breeding grounds of social deviance, I'd say we're still close to 90%. But you're not one of those 95%. No. You're different. Happy investin' ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) None of what you said is wrong, but it's a bit of a broken record by this point. you've said your piece. Nobody can claim they weren't warned if they do indeed lose their shirts. You can come back and quote it smugly by all means at that point. Until then most are doing nicely here. We already got a smattering of negativity recently, following which some investors have fleed, after making a miscalculation to ride the scryptx wave then to the somewhat safer waters of ASICMINER for the earth shattering dividends.. a 70% yield, a rise to 3.5btc/share in some former peta stockholders projections. ... Anotheranonlol, apparently my previous posts lacked clarity, so I'll take this opportunity to elucidate: I did not mean to suggest you should invest in another cryptix offering. That, undoubtedly, will also result in financial losses for finance hobbyists. Nor did I suggest "investing" in another "security" that has been in a steady decline since its listing on Havelock (much like Havelock's own listing). I simply pointed out that PETA prices will fall. And look, it's already begun ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs18.postimg.org%2Fpgr7zh1px%2FCapture.jpg&t=665&c=E88i8hLodZgGlQ) Glad I could clear up that misunderstanding. ~Happy Tradin'
|
|
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 04:56:01 PM |
|
laws dont apply to the transfer of information inter-bitcoin transfers are a safehaven
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear.
|
|
|
|
mikemikemike
Copper Member
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 224
Merit: 100
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 04:57:37 PM Last edit: May 31, 2014, 06:27:14 PM by mikemikemike |
|
... Considering there are lot of threads on this forum your work isn't finished. There are thousands of people investing in unregulated high risk securities and they need your help. (apparently all of them don't know what they are doing) ... ~95% of these unregulated securities have lost money for investors--through theft, exchange closures, theft and exchange closures, honest incompetence, honest incompetence and exchange closures... the reasons are irrelevant. Therefore, I'd hazard a guess that ~95% of said investors could have used some help, no? There's a small chance that said intrepid investors and finance aficionados intended to lose money, (perhaps to get back at Teh Man [see: Daddy Issues] or some humiliation/sub/SnM fetish, don't know, don't judge), but, unless these fora are breeding grounds of social deviance, I'd say we're still close to 90%. But you're not one of those 95%. No. You're different. Happy investin' ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) None of what you said is wrong, but it's a bit of a broken record by this point. you've said your piece. Nobody can claim they weren't warned if they do indeed lose their shirts. You can come back and quote it smugly by all means at that point. Until then most are doing nicely here. We already got a smattering of negativity recently, following which some investors have fleed, after making a miscalculation to ride the scryptx wave then to the somewhat safer waters of ASICMINER for the earth shattering dividends.. a 70% yield, a rise to 3.5btc/share in some former peta stockholders projections. On a side note, holy fucking shit. I'm not going to go into this now but holy fucking shit.
Should be a very prosperous week
yeah... just added insult to injury. probably nursing a particularly brutal hangover this morning Lol. Check my more recent posts. You know as well as I do I sold my shares in AM a week ago for a twenty percent profit. Using false information to forward your own agenda just shows how weak your argument is. And FYI, I brought DRK @ 0.014 and sold at 0.023, then got into XC @ 0.003 and rode the wave up to 0.0045. So yeah, nursing a huge hangover today and will do to again tomorrow, But not for the reasons you expect. Enjoy.
|
|
|
|
_biO_
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 04:59:28 PM |
|
And look, it's already begun ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs18.postimg.org%2Fpgr7zh1px%2FCapture.jpg&t=665&c=E88i8hLodZgGlQ) Glad I could clear up that misunderstanding. ~Happy Tradin' Whatever happens to the share price now, this will fix it: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIforvZh.png&t=665&c=2mTFbc_WJrXo1A)
|
This signature refers to itself.
|
|
|
_biO_
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 05:03:56 PM |
|
laws dont apply to the transfer of information inter-bitcoin transfers are a safehaven
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear. The whole drug thing might have had something to do with those arrests.
|
This signature refers to itself.
|
|
|
NotLambchop
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 05:16:37 PM |
|
And look, it's already begun ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs18.postimg.org%2Fpgr7zh1px%2FCapture.jpg&t=665&c=E88i8hLodZgGlQ) Glad I could clear up that misunderstanding. ~Happy Tradin' Whatever happens to the share price now, this will fix it: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIforvZh.png&t=665&c=2mTFbc_WJrXo1A) As I understand it, you're not getting divs yet, so unless you're impressed by pastelled colors and large numbers, what's your point? *Updated: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs29.postimg.org%2Fw78r4kk2b%2FCapture.jpg&t=665&c=xl727FXck6uWvg) ~Happy Tradin'
|
|
|
|
_biO_
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 05:50:33 PM |
|
My point should be easy to understand: We are now at a price level before the 1500TH/s announcement (which is btw still way up from the initial IPO price six months ago). Since then, mainly two things changed: a lot of people bought in at 0.095 / 0.0975 and the hashrate went from 500TH/s to ~1200TH/s. Once dividends resume, which according to cryptx will be next friday, there will be a correction.
|
This signature refers to itself.
|
|
|
Morguk
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 06:09:20 PM |
|
My point should be easy to understand: We are now at a price level before the 1500TH/s announcement (which is btw still way up from the initial IPO price six months ago). Since then, mainly two things changed: a lot of people bought in at 0.095 / 0.0975 and the hashrate went from 500TH/s to ~1200TH/s. Once dividends resume, which according to cryptx will be next friday, there will be a correction.
As above, we'll see the share price rise again once divs start coming in. Peta has a great ROI and due to the reinvestment it should help prolong solid dividends. The team has done amazingly well so far, we have a massive hashrate, there's no reason for us not to be one of the biggest players a year down the line!
|
Calculate the chance of hitting a bitcoin block when solo mining at
|
|
|
Anotheranonlol
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 06:24:22 PM |
|
Lol. Check my more recent posts. You know as well as I do I sold my shares in AM a week ago for a twenty percent profit. Using false information to forward your own agenda just shows how weak your argument is.
And FYI, I brought DRK @ 0.014 and sold at 0.043, then got into XC @ 0.003 and rode the wave up to 0.0045. So yeah, nursing a huge hangover today and will do to again tomorrow, But not for the reasons you expect.
Enjoy.
I didn't actually read the post where you said you sold genuinely. I only remember reading where you were excitable about raising capital to buy in, so apologies there. . 20% profit if you got in when you wrote you were seems pretty impressive.. not even sure there was room for it but you done good if so. I think I only managed to squeeze out around 7% in the last week there. Glad to see though that your recent excursions on securities market haven't resulted in seeking emergency accommodation, and your xc and drk trades paid off nicely having you on the champagne instead, I can only afford a few stellas tonight because no dividends here. best of luck in any future bitcoin adventures.
|
|
|
|
Puppet
Legendary
Offline
Activity: 980
Merit: 1040
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 06:50:28 PM |
|
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear.
The whole drug thing might have had something to do with those arrests. What did Shavers and Shrem have to do with drugs? As for Ulbricht, what drugs did he sell? He ran a website, so all he did was "transfer of information" and as our resident genius pointed out, "laws dont apply to that". They should all be home free in no time. I even wonder what Snowden could possibly be afraid off.
|
|
|
|
Collider
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 07:02:19 PM Last edit: May 31, 2014, 07:42:56 PM by Collider |
|
Just compare the shareprice to cex.io valuation of GH/s.
Then keep in mind that cryptx pays even lower power costs, and you should come to a conclusion as to where to value this investment.
While financial investments and evaluations are often based on emotional "feelings" this is always the wrong aproach.
When you compare the financial data available you will come to a defendable conclusion on what the shareprice should, and will be in the midterm.
|
|
|
|
Aireun
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 07:50:59 PM |
|
Anyone have an idea how long this loan will take? I mean we must be way more than half considering the shares that sold plus dividends.
|
|
|
|
Anonymousg64
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 07:58:07 PM |
|
I yield to your obvious wisdom. Its good to know Shavers, Shrem and Ulbricht having nothing to fear.
The whole drug thing might have had something to do with those arrests. What did Shavers and Shrem have to do with drugs? As for Ulbricht, what drugs did he sell? He ran a website, so all he did was "transfer of information" and as our resident genius pointed out, "laws dont apply to that". They should all be home free in no time. I even wonder what Snowden could possibly be afraid off. i was referring to purely bitcoin-bitcoin interaction, not interfacing with the physical world. which is what you do when investing with havelock promises ontop of promises ontop of a database associated to their bitcoins, not yours, until you withdraw.
|
|
|
|
cryptocxeq
Newbie
Offline
Activity: 23
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 08:12:10 PM |
|
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."
How and when will this proposal be voted on by shareholders? In the original contract it is stated:
"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes" "The percentage of the net revenue paid in dividends can change if shareholders vote to change it." "While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."
Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?
|
|
|
|
Elvis Trout
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 116
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 08:16:51 PM |
|
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."
How and when will this proposal be voted on by shareholders? In the original contract it is stated:
"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes" "The percentage of the net revenue paid in dividends can change if shareholders vote to change it." "While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."
Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?
We found out recently that 'shareholders' in the prospectus means 'shareholders with more than a 5% share', so they obviously voted for this already we just don't get to hear about it.
|
|
|
|
cryptocxeq
Newbie
Offline
Activity: 23
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 08:19:43 PM |
|
In the May 30th update: "Dividend payout will resume next Friday (June 6th), we propose to alter the dividend / reinvestment ratio to 50/50. So 50% of net mining revenue will be paid out as dividend."
How and when will this proposal be voted on by shareholders? In the original contract it is stated:
"CryptX will not change the direction or goal of the PETA-MINE without shareholder votes" "The percentage of the net revenue paid in dividends can change if shareholders vote to change it." "While the reinvestment percentage is subject to change via shareholder vote, such action will only occur if the state of the Bitcoin mining space demands it."
Shareholders were, as far as I am aware, not given a chance to vote on the IPO, or on revisions to the prospectus. What is my position as a shareholder?
We found out recently that 'shareholders' in the prospectus means 'shareholders with more than a 5% share', so they obviously voted for this already we just don't get to hear about it. Hope it's ok for me to request some references for this. Thanks.
|
|
|
|
Collider
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 08:35:06 PM |
|
If large shareholders who collectively own more than 50% get a 100% approval to pass a certain motion, there is no sense in putting it to public vote.
|
|
|
|
Korbman
Legendary
Offline
Activity: 1064
Merit: 1001
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 09:39:20 PM |
|
If large shareholders who collectively own more than 50% get a 100% approval to pass a certain motion, there is no sense in putting it to public vote.
This isn't true at all. Giving the public a chance to voice their opinion on a change is a fantastic way to see how they view the current situation, which is invaluable from an organizational standpoint. Ignoring / Alienating the majority of your investors because a handful of >5%+ owners want one thing or another is just bad business practice. It doesn't necessarily matter if their votes won't end up making a difference in the end. What does matter is transparency and communication.
|
|
|
|
jjjohnson
Newbie
Offline
Activity: 30
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 31, 2014, 10:23:18 PM |
|
hashrate is down to 100... wonder what's going on.
|
|
|
|
|