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Author Topic: BDK Mining Securities Panic Sale! Cognitive & YABMC [CLOSED]  (Read 1177 times)
Kluge (OP)
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June 19, 2012, 02:13:43 AM
Last edit: June 19, 2012, 03:25:08 PM by Kluge
 #1

Cognitive - Remaining Shares: 1004 (asking .6/share) All shares sold!
YABMC - Remaining Bonds: 15661 (asking .2/bond) No longer for sale!


Minimum order: 50BTC-worth

PM me. These offers will remain available until they're out or ~14 hours after this post (Noon Eastern). I'll be going to sleep within an hour of this post. Wink


ETA: Sorry if this belonged in Goods or somewhere else I neglected to remember.
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Kluge (OP)
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June 19, 2012, 02:27:46 AM
Last edit: June 19, 2012, 03:33:50 AM by Kluge
 #2

All Cognitive shares sold. Still have YABMC remaining. If you offer under what I'm asking, I'll consider it when the offer expires at Noon (my time, ~13h30m) tomorrow, but offers at the value I'm asking will be filled as soon as I see 'em.

Cheers!
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June 19, 2012, 12:23:04 PM
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hmm, why selling Cognitive?
Kluge (OP)
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June 19, 2012, 03:24:21 PM
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hmm, why selling Cognitive?
Same reason I was selling YABMC. It took a while to realize, but by holding mining securities and taking BTC-denominated deposits, I'm effectively shorting BTC, which is not a bet I'd like to take at this time. Beyond that, I don't place extra value on holding equity vs. debt, so Cognitive is overpriced by my own valuation (though underpriced compared to comparable equities). Mining hardware will depreciate at roughly the same rate as a MH/s (particularly FPGAs/ASICs, while GPUs are probably immune to difficulty-related depreciation since mining is a pretty obscure use for them - but GPUs will depreciate for other reasons).


Anyhoo, YABMC sale's off the table and I'm locking this thread. Cheers!
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