Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Vycid
on 18/08/2013, 03:44:37 UTC
well, most cryptocoin investments are either scam or high risk. The most conservative thing to do is to sit tight with bitcoin itself.

Which is a high-risk proposition in itself.

I see a lot of "damn, 25% annual return from AM?! A real world-company would never have that!"

Well, first off - yeah, it would, if it was as risky as AM is. But the other thing is that it's bitcoin-denominated. 25% APR is the going rate for bitcoin investment:

https://www.coinlenders.com/feerebate

Now, that could be a ponzi scheme. So could AM, theoretically. But 25% is actually not impressive in bitcoin-land, because the risk involved in the whole deal has got a risk profile that would make gambling addicts reconsider.

I own bitcoins, but AM stopped being a good prospect for me a while ago.

Aside: real world mid-cap company with 12% annual div yield. http://finance.yahoo.com/q?s=PSEC