Aireun
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Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 09, 2014, 04:13:13 PM |
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If we never got that loan and started the last IPO's we would be a sinking ship by now. The Cryptix Team knows what their doing and if in the future we need another IPO for new equipment (another peta hash or more) all the better. 50/50 split on divs plus new equipment equals Yummy Returns!  Also, BTC is expected to increase to 5000 by the fall, and with all the nice increase leading up to that we should be in for a hell of a ride! |
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altoidmintz
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Activity: 180
Merit: 100
After Economics: Learning is just the first step.
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June 09, 2014, 04:27:48 PM |
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...Also, BTC is expected to increase to 5000 by the fall...
wat |
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Aireun
Member
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Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 09, 2014, 04:47:45 PM |
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Speculation, based on predictions and speed of adoption (main streaming). Many people within the btc community expect it to be as high as 5k by fall. But, even half that would be interesting. We shall see nonetheless, for now it's nothing more than 'speculation'.  Optimism is key imo. Playing the BULL market based on speculation drives the BTC market up in price. As long as good news and more main stream adoption continues the price will continue to rise. |
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kenmomotaro
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Activity: 66
Merit: 10
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June 09, 2014, 04:55:45 PM |
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Speculation, based on predictions and speed of adoption (main streaming). Many people within the btc community expect it to be as high as 5k by fall. But, even half that would be interesting. We shall see nonetheless, for now it's nothing more than 'speculation'. Optimism is key imo. Playing the BULL market based on speculation drives the BTC market up in price. As long as good news and more main stream adoption continues the price will continue to rise. It's also an interest thing to discuss what will happen to PETA share price if btc really hit $2000+ in the near future. Anyone has a clue? |
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_biO_
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June 09, 2014, 05:44:33 PM |
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BTC denominated hosting costs will go down and difficulty will spike, but we'd also have more purchase power with our reinvestments.
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This signature refers to itself.
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Aireun
Member
Offline
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 09, 2014, 06:16:35 PM |
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Speculation, based on predictions and speed of adoption (main streaming). Many people within the btc community expect it to be as high as 5k by fall. But, even half that would be interesting. We shall see nonetheless, for now it's nothing more than 'speculation'. Optimism is key imo. Playing the BULL market based on speculation drives the BTC market up in price. As long as good news and more main stream adoption continues the price will continue to rise. It's also an interest thing to discuss what will happen to PETA share price if btc really hit $2000+ in the near future. Anyone has a clue? My guess is that the share price would increase to 0.1'ish or more even if the price of a bitcoin is 2000+. But not much further than that. I don't believe it will go down, as the ROI would still be very high and so it's value would reflect that. Thoughts anyone? |
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tsm13
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Activity: 95
Merit: 10
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June 09, 2014, 06:24:11 PM |
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Div prediction for Friday 13th(unlucky for some)
0.001785 - low end
0.001984 - high end
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naaktslak
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June 09, 2014, 06:38:19 PM |
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Div prediction for Friday 13th(unlucky for some)
0.001785 - low end
0.001984 - high end
you think divs will fall that fast? |
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Aireun
Member
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Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 09, 2014, 06:43:41 PM |
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Div prediction for Friday 13th(unlucky for some)
0.001785 - low end
0.001984 - high end
Terrible prediction.  |
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stompysteve
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June 09, 2014, 07:28:15 PM |
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My div prediction
0.001935683683477
seems some stuff going offline, hopefully just being replaced and will see further reduction in hosting costs
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tsm13
Member
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Activity: 95
Merit: 10
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June 09, 2014, 07:42:58 PM |
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Div prediction for Friday 13th(unlucky for some)
0.001785 - low end
0.001984 - high end
Terrible prediction. Yeh its not too bad tbh, its hard to pin point it because the hosting fee is in fiat, and it totally depends on conversion rate on Friday. I noticed on the stats page that we have dropped around 250 GHS today, seems to be something strange going on aswell hence the lower end div prediction. edit: 300 to 250 |
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Tatsumigaoka
Newbie
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Activity: 17
Merit: 0
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June 09, 2014, 08:17:01 PM |
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Can we have some kind of shareholder petition, or could even someone just mail them about P2Pool?
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Morguk
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June 09, 2014, 10:45:01 PM |
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Any news on Peta having their own custom asics?
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Calculate the chance of hitting a bitcoin block when solo mining at |
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nwfella
Legendary
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Activity: 1582
Merit: 1000
Well hello there!
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June 09, 2014, 11:46:36 PM |
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I too would be interested in p2pool option provided we would still be merge-mining the same alt's at some point.
Also interested in hearing an update from cryptx on custom board project(s).
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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spartan82
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June 10, 2014, 01:39:29 AM |
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Any news on Peta having their own custom asics?
Still no update on this, we know that we are sourcing chips and PETA has its own PCB development team but no further information on this as yet |
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karol
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June 10, 2014, 11:20:10 AM
Last edit: June 10, 2014, 11:41:17 AM by karol |
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Guys,
what with our reinvestment money from befor IPO and during IPO?
We had 503btc from this period and it was taken without any explanation!
Previously we had 500th now (currently)1160 so they introduce 660th
we have loan for 964btc it seems that our 503btc was taken to add of this amount so whole loan was 503+964 = 1467
So we are paying 1467/660 = 2,22 btc for 1 ths ....
Now Cryptx is selling bitmine desks 1th for 1,6 btc, where is a good deal here?
lets check how many days this new miner have to work for the difference:
2.22 - 1.6 = 0,62btc
0,62btc * 650$ = 403$
old one bitmine consume- 1kwh per 1ths, new one 0.785 kwh per 1ths difference is 0,215 kwh
1khw = 0.25$ so dirrence is 0.05375$ per hour
403/0,05375$=7497 hours it means 312 days....
Am i missing something?
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DropDead.Be
Newbie
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Activity: 56
Merit: 0
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June 10, 2014, 01:06:47 PM |
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Guys,
what with our reinvestment money from befor IPO and during IPO?
We had 503btc from this period and it was taken without any explanation!
Previously we had 500th now (currently)1160 so they introduce 660th
we have loan for 964btc it seems that our 503btc was taken to add of this amount so whole loan was 503+964 = 1467
So we are paying 1467/660 = 2,22 btc for 1 ths ....
Now Cryptx is selling bitmine desks 1th for 1,6 btc, where is a good deal here?
lets check how many days this new miner have to work for the difference:
2.22 - 1.6 = 0,62btc
0,62btc * 650$ = 403$
old one bitmine consume- 1kwh per 1ths, new one 0.785 kwh per 1ths difference is 0,215 kwh
1khw = 0.25$ so dirrence is 0.05375$ per hour
403/0,05375$=7497 hours it means 312 days....
Am i missing something?
) The grand total for the new 1000 TH hardware was ~2530 BTC (491 mined during IPO + 1075 from IPO + 964 loan) I think the 500 TH swap is organised with additional hardware on top of the new 1000TH hardware. But yes as always, some clarification as in financial report, would be nice. |
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Aireun
Member
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Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 10, 2014, 01:51:27 PM |
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Well, on the plus side we only have 5 weeks left to pay back the loan (counting this week) so by July 18th's dividend payout our reinvestment should be contributing to expanding the mine.
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BiteMyShinyMetalAss
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June 10, 2014, 01:54:17 PM |
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And probably another 5 weeks to accumulate descent ammount of reinvestment to have a "buying power". On the positive, hope bitcoins goes up and our reinvestment fund, buys more of equipment to get back to 2%...
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Aireun
Member
Offline
Activity: 113
Merit: 10
Perpetual optimism is a force multiplier.
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June 10, 2014, 02:09:49 PM |
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And probably another 5 weeks to accumulate descent ammount of reinvestment to have a "buying power". On the positive, hope bitcoins goes up and our reinvestment fund, buys more of equipment to get back to 2%...
Assuming the price of BTC does not increase. If the BTC price increases to what's expected by the bitcoin community we will have more than enough money to buy what we need and our dividends will be shining with profit. Anyone who is mining bitcoin should hold there btc until the next big spike! |
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