Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Vbs
on 17/07/2013, 18:06:29 UTC
Did you miss that my whole argument is that 0.15 per 100MH/s when network 1500TH/s is still a good price (~58% annual return)? Totally competitive with anyone in the market (by orders of magnitude). If you did the math assuming ~250TH/s network (poor decision IMO), then the estimated rate of return is like 350% (meaning you earn 3.5BTC per 1 BTC invested). So yes an 83% 'devaluation' from ridiculous to pretty-good-and-totally-competitive.

It's not an annual return when the share value is going down faster than what you receive in dividends during that time-frame. Annual return supposes you can (1) sell it at the same price as you bought it one year later, while (2) earning dividends during a year. Unfortunately, condition #1 doesn't hold.

4) These shares will continue to be worth 0.15 BTCs each with no growth (or reduction).

Wrong! Wink