People that vote not always understand the result of their voting.
I do believe that you work hard and have additional costs but this is irrelevant to actual dividends we receive.
Each one indeed responsible for his choices and his investments.
Coins for now are worth almost nothing and will cost even less not because I negative but simply because it's look like part in failed investment ( I call one with crazy optimistic 2 years ROI )
After that being said...
One last question before I leave this subject as it's pretty pointless (just to understand if it was planned long before).
What dividends you hoped to "produce" (when you "sold" this ICO to people) after an year and in which scenario? And why you have not succeeded to do so?
*BTC's price is irrelevant as many coins that you could mine such as Ethereum made *3 and more over BTC that only supposed to make return larger
This is not FUD but voicing my opinion and I will gladly "eat my hat" if I mistaken.
I do believe that you work hard and have additional costs but this is irrelevant to actual dividends we receive.
Each one indeed responsible for his choices and his investments.
Coins for now are worth almost nothing and will cost even less not because I negative but simply because it's look like part in failed investment ( I call one with crazy optimistic 2 years ROI )
After that being said...
One last question before I leave this subject as it's pretty pointless (just to understand if it was planned long before).
What dividends you hoped to "produce" (when you "sold" this ICO to people) after an year and in which scenario? And why you have not succeeded to do so?
*BTC's price is irrelevant as many coins that you could mine such as Ethereum made *3 and more over BTC that only supposed to make return larger
This is not FUD but voicing my opinion and I will gladly "eat my hat" if I mistaken.
Well let's take that graph
Here you can see that difficulty raised for 50 to 350 in the last year. That says, with the same hash, we receive ~7 times less ETH today than we were last year. But price raised by 3 times. Can we esperate to get 7 times more returns monthly? Nope.
Mining is a complete different world with a lot of variable you don't necessarily have control on. If we kept the ETH we mined a while back and sell them today, you would have 25-40 BTCs today plus all the other coins we have mined., but holders voted for a monthly return so we basically need to sell them every month, even if the price is going down. We need to sell the coin no matter what.
From the beginning we wish we could get everything ROI in about a year, but many unplanned things happened out of our control.
By getting the MNM price at ICO, we give the possibility to our holder to get the same ROI as they would had if they kept holding only BTCs.
BTC price is the most relevant thing to consider when you are mining along with the difficulty.
I can argue with you about almost every sentence you wrote and show that is "partially correct" but lets stop with the most important part for me.
Just leave you with thought: if your ICO was with big banner - "We will return your money after 1 year and only than you will start to earn", how many BTCs you would get for ICO in this crazy crazy crypto world
Anyway, thanks for answering my questions.