|
burner2014
|
 |
June 10, 2014, 07:35:07 AM |
|
Calm down all. Till now everything is working out and we will see a rise in market value per share soon when the reinvestment is done. Why not reinvest now? Because the market is really volatile at the moment. 2 Months ago I switched from Mining Rigs to Scrpyt because Scrypt was very profitable and Rigs not any more. With X11 and X13 now the Rigs would make good money and scrpyt is doing less and less. But this will stop soon again because at the moment no one will buy anymore Scrpyt Miners, the ROI is too long. So what is the conclusion? 1) The current trend from X11 will go to X13 and then maybe to X15 , but in the end it is only a Hype. Too profitable to stay like that. 2) I think Scrpyt Profitability will increase again or miners will become much more cheaper (also KNC miners in August...) So why don't we wait a bit till we see a drop in Scrypt Miner Prices or an increase in Profitability of Scrypt Mining? Please feel free to comment  It is just my personal experiences of the last 5 months of mining. |
|
|
|
|
|
spartan82
|
|
June 10, 2014, 11:12:26 AM |
|
Elvis no disrespect but where is your intel coming from that Bitcoin price will rise higher??? If we don't do anything now our share price will keep plummeting as it has been for the past few weeks!
Oh wow are you going to feel silly in a couple months. With that said, we should probably be putting some (30-40%?) of the reinvestment funds into new equipment while waiting for the price to push higher. The early bird gets the worm buddy, why not go all out now? How are you all thinking BTC prices are going to skyrocket I don't understand what crystal ball you guys are using? |
|
|
|
|
kenmomotaro
Member
 Offline
Activity: 66
Merit: 10
|
|
June 10, 2014, 01:40:26 PM |
|
Elvis no disrespect but where is your intel coming from that Bitcoin price will rise higher??? If we don't do anything now our share price will keep plummeting as it has been for the past few weeks!
Oh wow are you going to feel silly in a couple months. With that said, we should probably be putting some (30-40%?) of the reinvestment funds into new equipment while waiting for the price to push higher. The early bird gets the worm buddy, why not go all out now? How are you all thinking BTC prices are going to skyrocket I don't understand what crystal ball you guys are using? It's not about btc price speculating, it's about the current miners in the market are too expensive and power hungry. Soon there will be some more efficient miners come out, and more difference brand miners causing price competition , I think Cryptx is waiting for this. |
|
|
|
|
|
EdoBcn
|
|
June 10, 2014, 01:48:09 PM |
|
meanwhile, someone is purchasing a lot, again up to 0.03 "impressed" |
|
|
|
|
jeycreative
Newbie
Offline
Activity: 70
Merit: 0
|
|
June 10, 2014, 08:27:16 PM |
|
This was the update Update about this weeks dividend payout:
Calculation:
1,875 LTC or 32.3 BTC in total from mining
- 12.01203053 BTC as dividend (0.00040805 BTC/share)
- 18.01804580 BTC reinvestment
- 2.26992366 BTC as hosting fee
LTC/BTC ratio is still under pressure as BTC is gaining in value. The good news is that our reinvestment funds also grow in USD value, which should have a positive effect on our purchasing power for new hardware.
@CRYPTX or anyone that might explain this could you please explain why the amount of LTC mined was ~17.43% (1875/2271) lower when the difficulty only increased by ~11-14.5%. This would leave a variance of between ~3-6% unaccounted for (i.e. bad luck? or machines offline? other explanation?) Interested in more details too. |
|
|
|
|
|
spartan82
|
|
June 10, 2014, 08:44:05 PM |
|
Elvis no disrespect but where is your intel coming from that Bitcoin price will rise higher??? If we don't do anything now our share price will keep plummeting as it has been for the past few weeks!
Oh wow are you going to feel silly in a couple months. With that said, we should probably be putting some (30-40%?) of the reinvestment funds into new equipment while waiting for the price to push higher. The early bird gets the worm buddy, why not go all out now? How are you all thinking BTC prices are going to skyrocket I don't understand what crystal ball you guys are using? It's not about btc price speculating, it's about the current miners in the market are too expensive and power hungry. Soon there will be some more efficient miners come out, and more difference brand miners causing price competition , I think Cryptx is waiting for this. It would be nice to hear that exact game plan from the man himself. What is the plan of attack and how long a wait are we talking... |
|
|
|
|
nwfella
Legendary
Offline
Activity: 1582
Merit: 1000
Well hello there!
|
|
June 11, 2014, 05:58:06 PM |
|
Very interested in hearing what the "official" game-plan with scrypt-cryptx is as well. Nice to see the slight price increase though.
|
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
|
|
|
DropDead.Be
Newbie
Offline
Activity: 56
Merit: 0
|
|
June 13, 2014, 09:09:32 AM |
|
Look at that Support wall. |
|
|
|
|
|
EdoBcn
|
|
June 13, 2014, 09:29:37 AM |
|
Letting xls play with the decreasing dividend, it suggests 0.000391 for today. Or 1.3% against current price |
|
|
|
|
|
IamNotSure
|
|
June 13, 2014, 09:43:09 AM |
|
Difficulty is finally decreasing. Probably big players pointing their miners elsewhere. Date Difficulty Change Hash Rate
Jun 13 2014 10,308 -4.23% 295,148 MH/s
Good for us. |
|
|
|
|
|
mvidetto
|
|
June 13, 2014, 05:25:18 PM |
|
Need ltc/btc ratio to rise as well.
|
|
|
|
|
sooraw
Newbie
Offline
Activity: 37
Merit: 0
|
|
June 13, 2014, 07:38:39 PM |
|
Scrypt dividend:
2014-06-13 0.00034405
Lets see how low the stock will go with this record low dividend...
|
|
|
|
|
|
mruiter
|
|
June 13, 2014, 08:15:03 PM |
|
Scrypt dividend:
2014-06-13 0.00034405
Lets see how low the stock will go with this record low dividend...
so true |
|
|
|
|
fractal02
|
|
June 13, 2014, 08:23:20 PM |
|
Scrypt dividend:
2014-06-13 0.00034405
Lets see how low the stock will go with this record low dividend...
Ouch...well...and the "update" don't help too...no clear vision on futur hardware...nothing....they can wait until the dividend is near zero... I'm out...bad investment.end of line |
|
|
|
|
|
spartan82
|
|
June 14, 2014, 12:30:00 AM |
|
I might stick this out actually, reinvestment funds are up there. I want to see where this goes. Why not hey
|
|
|
|
|
|
strombert
|
|
June 14, 2014, 08:10:27 AM |
|
Should save those LTC's for ...better times.
|
|
|
|
|
IamNotSure
|
|
June 14, 2014, 08:24:24 AM |
|
Difficulty is still slowing down. Open your eyes, this is as much important as LTC/BTC ratio.
|
|
|
|
|
|
EdoBcn
|
|
June 14, 2014, 10:58:14 AM |
|
Difficulty is still slowing down. Open your eyes, this is as much important as LTC/BTC ratio.
perfect moment to jump in. Shareholders cashing out at a loss, Difficulty decreasing, Reinvestment funds are interestingly high, btc/€ price still good enough for our costs, Shareprice still undervalued. |
|
|
|
|
TheSmackDown
Member
Offline
Activity: 91
Merit: 10
|
|
June 14, 2014, 01:54:41 PM |
|
Scrypt dividend:
2014-06-13 0.00034405
Lets see how low the stock will go with this record low dividend...
so true When they re-invest the fund they hv saved in BTC, the mines dividend will double at least, same as the share price. I would say around July time the mine will fully develop. I say this because I was impressed with the PETA mine project. So, then invested in the scrypt project. |
|
|
|
|
|
NotLambchop
|
|
June 14, 2014, 02:43:24 PM |
|
...
When they re-invest the fund they hv saved in BTC, the mines dividend will double at least, same as the share price...
Quoted for future entertainment. |
|
|
|
|
|
