Bitcoin Forum
December 03, 2016, 05:47:34 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 [49] 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 ... 158 »
  Print  
Author Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]  (Read 274485 times)
TheFuneral
Sr. Member
****
Offline Offline

Activity: 355


View Profile
July 17, 2013, 05:27:32 PM
 #961

I don't get why people don't understand why the price is not set only by the ROI or by the share_price/dividends. I think the bitcoin world need trust and well managed companies. That's why the price is high and if it is too high, the market will do his work.

I wish I had bought the shares a few weeks ago when I was asking myself if I should or not -.-

Patrick

That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

Is it the news and publicity that is causing people to blindly purchase?
1480787254
Hero Member
*
Offline Offline

Posts: 1480787254

View Profile Personal Message (Offline)

Ignore
1480787254
Reply with quote  #2

1480787254
Report to moderator
1480787254
Hero Member
*
Offline Offline

Posts: 1480787254

View Profile Personal Message (Offline)

Ignore
1480787254
Reply with quote  #2

1480787254
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480787254
Hero Member
*
Offline Offline

Posts: 1480787254

View Profile Personal Message (Offline)

Ignore
1480787254
Reply with quote  #2

1480787254
Report to moderator
1480787254
Hero Member
*
Offline Offline

Posts: 1480787254

View Profile Personal Message (Offline)

Ignore
1480787254
Reply with quote  #2

1480787254
Report to moderator
1480787254
Hero Member
*
Offline Offline

Posts: 1480787254

View Profile Personal Message (Offline)

Ignore
1480787254
Reply with quote  #2

1480787254
Report to moderator
AngelSky
Sr. Member
****
Offline Offline

Activity: 322



View Profile
July 17, 2013, 05:48:51 PM
 #962

That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

I think you're right to ask. As far as I can understand the mining-business, it is a race to get the hardware before the others. If you manage to get your hardware in the real world (not a pre-order undelivered for month - years), you will be successfull. People are betting on the future of these companies that are able to stay ahead. So yes, I think that the price/share reflects the trust that the shareholders can have in the ability of these companies to get these machines (now or later) and get the future gains expected.

Is it the news and publicity that is causing people to blindly purchase?
I'm pretty sure that there is out there some people that blindly purchase. And yes there is some "news" and "announcement" effect


Hope it helps!

Patrick

Tip Jar: 1KsSq9J52Eb4DyKTarYf3MgiSLQuAYdc51
teaserX
Newbie
*
Offline Offline

Activity: 11



View Profile
July 17, 2013, 08:40:02 PM
 #963

Quote
That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests.

Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here.

Need a backup pool?   *Link Removed*
 *Link Removed*
TheFuneral
Sr. Member
****
Offline Offline

Activity: 355


View Profile
July 17, 2013, 09:57:14 PM
 #964

Quote
That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests.

Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here.

I'm not saying you're wrong for claiming they may appreciate because that I can't predict.

I can tell you that even if he had ALL, that's right EVERYTHING he claims hell have by past Septmeber today it wouldn't be enough.

"Our hashrate after all of the above and we spend our remaining treasury shares + growth funds: 1.1+ th/s (1100 gh/s)"

Put this into our calc we get 1100000/10420 that leaves us with 105Mh/s a share. With a price of 1BTC we put this into our calc;

http://www.bitcoinx.com/profit/. with 105MH/s and a cost of 95 and a 6 month time frame you will breakeven in 2 years. In three months you'll be down 63USD.

Remember you're losing with gear he doesn't even have yet so to figure it out with his current structure you're a bigger loser.

This leaves me to speculate that you guys are missing something rather obvious or you're making a big gamble that he'll get all this "gear" tomorrow and even if he did you're still losing. This is why I'm asking investors why they are currently buying right now in case there is something I have blatantly missed. If you got in from the start that's another story and one I don't care to discuss. I'm talking about the current assest as it stands today.



redbeans2012
Hero Member
*****
Offline Offline

Activity: 854

MMM Extra - The right step towards the goal!


View Profile WWW
July 17, 2013, 10:26:03 PM
 #965

Quote
That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests.

Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here.

I'm not saying you're wrong for claiming they may appreciate because that I can't predict.

I can tell you that even if he had ALL, that's right EVERYTHING he claims hell have by past Septmeber today it wouldn't be enough.

"Our hashrate after all of the above and we spend our remaining treasury shares + growth funds: 1.1+ th/s (1100 gh/s)"

Put this into our calc we get 1100000/10420 that leaves us with 105Mh/s a share. With a price of 1BTC we put this into our calc;

http://www.bitcoinx.com/profit/. with 105MH/s and a cost of 95 and a 6 month time frame you will breakeven in 2 years. In three months you'll be down 63USD.

Remember you're losing with gear he doesn't even have yet so to figure it out with his current structure you're a bigger loser.

This leaves me to speculate that you guys are missing something rather obvious or you're making a big gamble that he'll get all this "gear" tomorrow and even if he did you're still losing. This is why I'm asking investors why they are currently buying right now in case there is something I have blatantly missed. If you got in from the start that's another story and one I don't care to discuss. I'm talking about the current assest as it stands today.





2 years break even from dividends of lord sounds horrible.

damiano
Legendary
*
Offline Offline

Activity: 1176



View Profile
July 18, 2013, 12:47:57 AM
 #966

Quote
That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests.

Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here.

I'm not saying you're wrong for claiming they may appreciate because that I can't predict.

I can tell you that even if he had ALL, that's right EVERYTHING he claims hell have by past Septmeber today it wouldn't be enough.

"Our hashrate after all of the above and we spend our remaining treasury shares + growth funds: 1.1+ th/s (1100 gh/s)"

Put this into our calc we get 1100000/10420 that leaves us with 105Mh/s a share. With a price of 1BTC we put this into our calc;

http://www.bitcoinx.com/profit/. with 105MH/s and a cost of 95 and a 6 month time frame you will breakeven in 2 years. In three months you'll be down 63USD.

Remember you're losing with gear he doesn't even have yet so to figure it out with his current structure you're a bigger loser.

This leaves me to speculate that you guys are missing something rather obvious or you're making a big gamble that he'll get all this "gear" tomorrow and even if he did you're still losing. This is why I'm asking investors why they are currently buying right now in case there is something I have blatantly missed. If you got in from the start that's another story and one I don't care to discuss. I'm talking about the current assest as it stands today.





Go research any stock out on the nyse or nasdaq paying dividends and calculate how long it it will take you to break even,  you wont find anything under 2 years
redbeans2012
Hero Member
*****
Offline Offline

Activity: 854

MMM Extra - The right step towards the goal!


View Profile WWW
July 18, 2013, 01:28:41 AM
 #967

Quote
That's essentially what I'm asking. Logically this price is not profitable from an ROI standpoint. I'm asking what else is there that I'm missing that warrants this to be priced over that? Future gains? Those still don't make this profitable if we assume every time runs as planned in the ASIC world.

How is this logically not profitable? Money spent on shares (hopefully) does not eveaporate. You receive dividends and still own the shares which might appreciate. I remains to be seen what the dividends will be but they will certainly be a higher multiple than the share price suggests.

Somehow I think there is a wrong headed notion that the dividends should pay for the shares in a timely fashion like the return on mining hardware. We're not discussing mining profitability here.

I'm not saying you're wrong for claiming they may appreciate because that I can't predict.

I can tell you that even if he had ALL, that's right EVERYTHING he claims hell have by past Septmeber today it wouldn't be enough.

"Our hashrate after all of the above and we spend our remaining treasury shares + growth funds: 1.1+ th/s (1100 gh/s)"

Put this into our calc we get 1100000/10420 that leaves us with 105Mh/s a share. With a price of 1BTC we put this into our calc;

http://www.bitcoinx.com/profit/. with 105MH/s and a cost of 95 and a 6 month time frame you will breakeven in 2 years. In three months you'll be down 63USD.

Remember you're losing with gear he doesn't even have yet so to figure it out with his current structure you're a bigger loser.

This leaves me to speculate that you guys are missing something rather obvious or you're making a big gamble that he'll get all this "gear" tomorrow and even if he did you're still losing. This is why I'm asking investors why they are currently buying right now in case there is something I have blatantly missed. If you got in from the start that's another story and one I don't care to discuss. I'm talking about the current assest as it stands today.





Go research any stock out on the nyse or nasdaq paying dividends and calculate how long it it will take you to break even,  you wont find anything under 2 years


Looks like APPL would take around 20 to 30 years. or something lol

medicine
Staff
Hero Member
*****
Offline Offline

Activity: 706



View Profile WWW
July 18, 2013, 01:57:04 AM
 #968

I never bought with the intentions of breaking even from dividends.  I just don't want my bitcoins sitting in a wallet doing nothing.   Spreading them out over the most trusted securities (like Cognitive) on the most reliable exchanges (like BTC-TC) seems like a good idea to me. 

btc: 1GhVNYuPskEjX79oECB8KF53uvcKMhpNHW
Bitfinex referral code: KvlvfZYCdQ
Seoul Bitcoin Meetup          Bitcoin Center Korea
mfalme
Jr. Member
*
Offline Offline

Activity: 40


asumbi njemba


View Profile
July 18, 2013, 06:44:05 AM
 #969

I certainly cant complain about anything. Can't wait to see whats next.

str4wm4n
Legendary
*
Online Online

Activity: 1276


View Profile
July 18, 2013, 07:41:50 AM
 #970

people taking some profits huh? looks like low volume though
stslimited
Hero Member
*****
Offline Offline

Activity: 532


View Profile
July 18, 2013, 01:15:57 PM
 #971

why do mining company investors think they are here to break even from dividends


Warren Buffett didn't write that book!  Roll Eyes
Vbs
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 18, 2013, 01:23:38 PM
 #972

Classic pump and dump.
stslimited
Hero Member
*****
Offline Offline

Activity: 532


View Profile
July 18, 2013, 03:26:47 PM
 #973

Classic pump and dump.

pump and dumps fail at high volume

all cryptocurrency securities are very illiquid, so if someone needs to liquidate shares now it will disrupt the order books.
drewmsmith
Newbie
*
Offline Offline

Activity: 19


View Profile
July 18, 2013, 04:24:30 PM
 #974

Oh hey,  New logo!  nice.
moribana
Full Member
***
Offline Offline

Activity: 167


View Profile
July 18, 2013, 10:08:07 PM
 #975

It was interesting to follow the discussion about this. It is true that the share price seems rather high considering the hash power it represents right now. Compared to some perpetual mining bonds, it is true. However, companies like Cognitive intend to stay ahead of the pack in the long run. If they can do that and at the same time the dollar price of bitcoin goes up, the this a is really good long-term investment.

Ultimately the whole success of the bitcoin economy depends on whether bitcoin becomes widely accepted and as a result whether there is  a steady flow of dollars into bitcoins. If, as we all hope, this happens, those who can keep up the pace will win big time.
stabs
Member
**
Offline Offline

Activity: 109


View Profile
July 19, 2013, 12:04:03 AM
 #976

Are the two other Avalons hashing now:
redbeans2012
Hero Member
*****
Offline Offline

Activity: 854

MMM Extra - The right step towards the goal!


View Profile WWW
July 19, 2013, 12:19:25 AM
 #977

It was interesting to follow the discussion about this. It is true that the share price seems rather high considering the hash power it represents right now. Compared to some perpetual mining bonds, it is true. However, companies like Cognitive intend to stay ahead of the pack in the long run. If they can do that and at the same time the dollar price of bitcoin goes up, the this a is really good long-term investment.

Ultimately the whole success of the bitcoin economy depends on whether bitcoin becomes widely accepted and as a result whether there is  a steady flow of dollars into bitcoins. If, as we all hope, this happens, those who can keep up the pace will win big time.

Isn't the share price of Basic Mining even more outrageous considering the amount of shares out there? Or am I missing something?

moribana
Full Member
***
Offline Offline

Activity: 167


View Profile
July 19, 2013, 12:40:19 AM
 #978

It was interesting to follow the discussion about this. It is true that the share price seems rather high considering the hash power it represents right now. Compared to some perpetual mining bonds, it is true. However, companies like Cognitive intend to stay ahead of the pack in the long run. If they can do that and at the same time the dollar price of bitcoin goes up, the this a is really good long-term investment.

Ultimately the whole success of the bitcoin economy depends on whether bitcoin becomes widely accepted and as a result whether there is  a steady flow of dollars into bitcoins. If, as we all hope, this happens, those who can keep up the pace will win big time.

Isn't the share price of Basic Mining even more outrageous considering the amount of shares out there? Or am I missing something?

I think, you are right. Their hash power per share is 3-4 times less than that of Cognitive. At the same time the share price is similar.
stslimited
Hero Member
*****
Offline Offline

Activity: 532


View Profile
July 19, 2013, 02:01:59 AM
 #979

did the avalons arrive? Motion said they would be overnighted and hashing by thursday afternoon
miTgiB
Full Member
***
Offline Offline

Activity: 121


View Profile
July 19, 2013, 02:04:29 AM
 #980

It was interesting to follow the discussion about this. It is true that the share price seems rather high considering the hash power it represents right now. Compared to some perpetual mining bonds, it is true. However, companies like Cognitive intend to stay ahead of the pack in the long run. If they can do that and at the same time the dollar price of bitcoin goes up, the this a is really good long-term investment.

Ultimately the whole success of the bitcoin economy depends on whether bitcoin becomes widely accepted and as a result whether there is  a steady flow of dollars into bitcoins. If, as we all hope, this happens, those who can keep up the pace will win big time.

Isn't the share price of Basic Mining even more outrageous considering the amount of shares out there? Or am I missing something?

I think, you are right. Their hash power per share is 3-4 times less than that of Cognitive. At the same time the share price is similar.

Is it? BM is currently 445G/h with another 500 in transit, I'm not sure where Cog is currently, is it 83 and 160ish after the 2nd avalon arrives this weekend?  BM has 5x more shares outstanding so unless I am way off on Cog's current hashrate.....

Hostigation.com  - High Resource Hosting
WHM/cPanel Servers for Hosting and Dedicated Needs
SolusVM VPS Hosting - Big Features, Small Prices
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 [49] 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 ... 158 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!