Post
Topic
Board Securities
Re: [Crypto-stocks] PETA-MINE dividend 7,3% paid
by
forensick
on 18/10/2013, 18:01:11 UTC
as long as the price of the stock doesn´t change I am basically staying in BTC and still getting dividends. today we got 7%!
of course we can speculate if the price is going to stay at 0.065, but if there are weekly dividends of 7% or even 5% being paid it sounds like a good deal. or am i missing something? i haven´t really been following this, so please let me know if there´s reason not to expect these dividends.

The price of a mining-stock is proportional to the expected payouts. As dividends are paid out and the difficulty rises, stock price goes down. Unless the company is able to keep its share of the bitcoin network hashrate constant (or increasing), stock price will go down. The decline of the stock price is something that you should definitely factor in when assessing the viability of an investment. History tells us that mining stocks so far have been a net loss for investors.

I don't know enough about PETA-MINE to say whether this will be the case here, but the mining business is highly competitive with many people willing to operate at a loss, so beware.

Loss in bitcoin is highly probable, but it could be some profit in fiats