lumeire
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 Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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September 09, 2015, 08:03:17 AM |
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So this is why people are panic selling their GHS.
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IronGenius
Newbie
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Activity: 56
Merit: 0
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September 09, 2015, 08:33:34 AM |
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cesmak
Legendary
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Activity: 1050
Merit: 1009
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September 09, 2015, 09:43:08 AM |
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IronGenius
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Activity: 56
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September 09, 2015, 10:02:07 AM |
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Yes, indeed. However I am officially in the red now. All profits from the past 4 months of mining is gone in just a few hours.  |
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lumeire
Legendary
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Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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September 09, 2015, 10:05:46 AM |
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Yes, indeed. However I am officially in the red now. All profits from the past 4 months of mining is gone in just a few hours. We'd just have to hold (and buy more to cap losses) |
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lottery248
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Activity: 1568
Merit: 1005
beware of your keys.
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September 09, 2015, 10:13:59 AM |
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most likely S5 would be faster ROI than S7 if this kind of panic goes.
i am gonna go long with S5.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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rausvi15
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September 09, 2015, 10:25:09 AM |
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IronGenius
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Activity: 56
Merit: 0
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September 09, 2015, 10:36:34 AM |
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most likely S5 would be faster ROI than S7 if this kind of panic goes.
i am gonna go long with S5.
I don't understand the reason for the panic. The S7 won't even be available in Hashnest in the next 4 weeks. Unloading S5 right now is just too early and people will be missing on a lot of profit potential... |
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cesmak
Legendary
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Activity: 1050
Merit: 1009
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September 09, 2015, 10:51:33 AM |
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most likely S5 would be faster ROI than S7 if this kind of panic goes.
i am gonna go long with S5.
I don't understand the reason for the panic. The S7 won't even be available in Hashnest in the next 4 weeks. Unloading S5 right now is just too early and people will be missing on a lot of profit potential... Yeah and this profits, will come to who is buying... like me... but i have small liquidity  so small buy.... but better than nothing..... |
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valkir
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Activity: 1484
Merit: 1004
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September 09, 2015, 11:43:21 AM |
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People are crazy. S7 will be sooo expensive. S5 is still the place to be for the next month at least. Cheap GH for me!  |
██ Please support sidehack with his new miner project Send to :
1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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skuser
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September 09, 2015, 11:48:37 AM |
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People are crazy. S7 will be sooo expensive. S5 is still the place to be for the next month at least. Cheap GH for me! At current price 8 BTC/S7=1.66BTC/THs is the ROI at about 250 days which is not bad considering the fact S7 can survive next year's halving while S5 at current BTC price/diff combination surely not. So I can understand the frenzy of selling off S5. |
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wlefever
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Activity: 1173
Merit: 1001
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September 09, 2015, 01:09:18 PM |
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People are crazy. S7 will be sooo expensive. S5 is still the place to be for the next month at least. Cheap GH for me! At current price 8 BTC/S7=1.66BTC/THs is the ROI at about 250 days which is not bad considering the fact S7 can survive next year's halving while S5 at current BTC price/diff combination surely not. So I can understand the frenzy of selling off S5. That is true, but it is still a month away and ROI on S5 at these prices is the best it's been in months. Something like 222 days, I'm scooping some up at least for a short period! |
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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September 09, 2015, 01:53:23 PM |
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People are crazy. S7 will be sooo expensive. S5 is still the place to be for the next month at least. Cheap GH for me! At current price 8 BTC/S7=1.66BTC/THs is the ROI at about 250 days which is not bad considering the fact S7 can survive next year's halving while S5 at current BTC price/diff combination surely not. So I can understand the frenzy of selling off S5. That is true, but it is still a month away and ROI on S5 at these prices is the best it's been in months. Something like 222 days, I'm scooping some up at least for a short period! Or perhaps some of those selling now are selling on purpose to dump the price down so they can buy back in and get more hash than they started with. I can not think of any other reason really because if S7 hashpower is not available for a month or so, why sell it otherwise..Could understand if people started selling the same day S7 hashpower was available. |
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DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
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September 09, 2015, 02:15:10 PM |
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People are crazy. S7 will be sooo expensive. S5 is still the place to be for the next month at least. Cheap GH for me! At current price 8 BTC/S7=1.66BTC/THs is the ROI at about 250 days which is not bad considering the fact S7 can survive next year's halving while S5 at current BTC price/diff combination surely not. So I can understand the frenzy of selling off S5. That is true, but it is still a month away and ROI on S5 at these prices is the best it's been in months. Something like 222 days, I'm scooping some up at least for a short period! Or perhaps some of those selling now are selling on purpose to dump the price down so they can buy back in and get more hash than they started with. I can not think of any other reason really because if S7 hashpower is not available for a month or so, why sell it otherwise..Could understand if people started selling the same day S7 hashpower was available. People are unreasonable. And once the price starts heading down down down, more people jump on the sell bandwagon because they don't want to see their investment lose money, so they sell. Give it a couple of days and they price will recover to where it was before. |
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chmick
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September 09, 2015, 04:16:30 PM |
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hi all
It seems S7 shop is now open. Sales just started
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DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
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September 09, 2015, 04:24:18 PM |
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hi all
It seems S7 shop is now open. Sales just started
It looks like you can buy them, but they won't start hashing for up to a month. Better not to try and risk getting your coins held up for a while. |
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IronGenius
Newbie
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Activity: 56
Merit: 0
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September 09, 2015, 04:37:36 PM |
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hi all
It seems S7 shop is now open. Sales just started
It looks like you can buy them, but they won't start hashing for up to a month. Better not to try and risk getting your coins held up for a while. Yes, it's been 995 miners for hours now. No one seems to be taking it! I personally wouldn't lock in my 8 BTC for 1 month with no profit. |
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jackg
Copper Member
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Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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September 09, 2015, 05:58:34 PM |
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hi all
It seems S7 shop is now open. Sales just started
It looks like you can buy them, but they won't start hashing for up to a month. Better not to try and risk getting your coins held up for a while. Yes, it's been 995 miners for hours now. No one seems to be taking it! I personally wouldn't lock in my 8 BTC for 1 month with no profit. I found a great piece of advice for hashnest! Buy the amount of hashing power you want from the market section. It usually works out cheeper but you may need to wait some time for the value of 1Gh/s of the s7 to decrease. I also noticed that there was an estimated ~25% fee for maintainence. When compared with the s5 at ~50% that's quite good! |
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Lituation
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September 09, 2015, 06:33:10 PM |
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hi all
It seems S7 shop is now open. Sales just started It looks like you can buy them, but they won't start hashing for up to a month. Better not to try and risk getting your coins held up for a while. I read that recently some people say if you buy now you have priority to sell them in market. If that's true people would like to buy them for speculation. You know when something hit the market first its price will be ridiculously high. |
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DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
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September 09, 2015, 06:41:05 PM |
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hi all
It seems S7 shop is now open. Sales just started It looks like you can buy them, but they won't start hashing for up to a month. Better not to try and risk getting your coins held up for a while. I read that recently some people say if you buy now you have priority to sell them in market. If that's true people would like to buy them for speculation. You know when something hit the market first its price will be ridiculously high. Where did you read that? I have been watching this forum and their forum and have not seen anything to the affect that if you buy now you will have first priority on the market to sell. If it was some random user who said that I would just ignore him. About 90% of the posts on Bitmains forums are from stupid people who didn't/don't understand the concept of how these assets work, and are just complaining to complain because they lost their $100. |
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