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Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company
by
tomcollins
on 01/07/2011, 13:48:21 UTC
Wooo, 4 bitcents!  Cheesy  Better than nothing I suppose...  Smiley

It's more than you would get for interest at a normal bank account.

At a bank you get your deposit back.

Not anymore.

Lol... Either way, if needed anyone could put up their shares for .74999999 BTC per share, atleast until the IPO shares have sold.

Doesn't matter, the math is much different when you are buying a depreciating asset expecting to get revenue and one that holds value.  If it holds value, you don't need much interest for it to be a good deal.  If it's depreciating, you need to make up the depreciation AND make interest on top of it.  You better be getting way better than a bank account's interest rate!  I'm not saying it's a bad investment, there are plenty of good investments that are on depreciating assets.

And I was unaware that banks no longer gave deposits back.  Good to know!