Quote from: GuiltySpark343 on June 17, 2013, 02:12:26 PM

By your logic, might as well take the $950 and instead of buying a contract, just buy BTC directly. At current price of $101, you could get 9.4 BTC. And just like the platinum contract, if the price rises about $101, you make a profit. If it is less, you will lose money. Oh, and since you are nit-picking, I forgot to include the 10% management fee that Cloudhashing charges, so the platinum would actually earn 9.2 BTC * 0.9 = 8.28 BTC. (https://cloudhashing.com/revenue-reinvestment)

By buying BTC directly, it is even less work than a contract. And, you avoid the uncertainties of whether Cloudhashing would actually have the hash power ready when Sept contracts start.

You could be right buying coin and sitting on it is a move I am doing as I type.

  I am holding 10 coins.

My cloud hashing contract..

I am running a gpu farm 10 pc's 22 gpus soon to be sold on ebay.

my group buy with swede75 of a 110gh bitfury machine. just 1/12 of it

4 bfl jallys 2 at 5gh and 2 at 7gh.

Multi prong strategy .

Every one above could be bad and result in a total loss.

except the sale of the gpu /pc's that will bring in money.

   the cloud hashing contract I purchased starts on july 1st not sept 1st. it is for 700usd and 6gh then 7.5 gh in sept. I paid for it with this sale.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=161027162240#ht_2107wt_1165

this miner made coin for me for quite a while but you can see it was designed to be sold as a decent gamer/htpc or miner machine. I built my machine this way so they would have resale value.

When all is said and done no one should be a one trick pony when it comes to BTC investing. I am not proving that cloudhashing is good I am acting as a guinea pig and testing the waters for those that have an interest in cloudhashing.com So far they have not done anything bad and they have been responsive to my problems and questions.
Come July 1st I will let you know what they hash for me.
Then July 3rd.
Then July 5th.
Then July 7th.

I will post the earnings for this contract until oct 1st. this would be 90 days or 1/4 of the contract. After that I won't post info as often.

I am not going to ask for tips to my tip jar or try to profit for my testing of cloudhashing.com . via a kickback from cloudhasher

This is a free service to the BTC community at bitcointalk.

the worst case I am out about 723 usd as my 700 dollar contract cost me 723 since i used a cc/google payments to pay for it.

the cc gives me protection for 45 days. since it was an overseas payment I had to pay an overseas charge fee of 23 usd.

So if they were to pay me Starting July 1st just a few parts of a BTC then BTC dies I would be out the 723 USD.