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.
In Finland we have about 5.5 million people.
For Finland 0.5% pa for normal bank account is normal.
We pay for credit in bank about 3.5%-> any way to put money to earn money more than 3.5% is profit EVEN if you take credit from bank.
AND YOU ARE TELLING THAT PRICE FOR SHARE WILL GO DOWN?
If share will pay dividends less than 10% pa, then it price will go down....
If it will - seller side is a idiot.
(imho)
The only thing that you must to believe that bitcoin will not drop less that 99$/btc