Post
Topic
Board Securities
Re: [BitFunder] [TAT.VIRTUALMINE] Virtual Mining - Hash Without Hardware!
by
elefter
on 26/06/2013, 22:32:21 UTC
I am still trying to figure out why this is bad or good..   I mean I could buy like 900 shares today and earn $2 per day for the dividend...

Is the real risk that the price per share is too high???   (they are low now compared to what they IPO'ed for???

Will the Dividend go down or will more supporting shares  be purchased to keep the Div up as Diff increases??

To me the Div payout seems really good compared to most other stocks I have been researching on bitfunder???

Yes they are quite lower to the IPO now
the Dividend will go down and probably a lot! as the difficulty increases  you have to make a guess basically how much the difficulty will increase and see at what price it will be profitable to buy...
do you Math! True for any PMB out there, and decide...

On another note... it would be a good thing for PMBs in general if the issuer put a minimum duration in the contracts, as it stands there is a risk for the issuer to just pack up and leave one day....
I don't believe that's TAT's intention at all but it would be a nice insurance for the buyer...