Yes I am . here is why: he voted against the sale (his words not mine) which means he lacks faith in bob, dz and Thomas to get us a good offer.
Also he lacks belief that r17 would be good for him once again that is questioning the brains of dzCoop. So if you do not trust the heads of the coop why hold the shares?
So not selling and keeping your assets with DZMC suggests that you have less trust in DZMC than when you're selling the shares? Logic?
Imo, holding the shares equals to putting more trust in the DZMC, relying on the fact that bobsag3 will come up with a fix to increase the hashrate.
May I remind you btw that the volatile nature of bitcoin also poses a risk to the profitability of selling the shares vs holding them? Bitcoin could very well rally up to a point when exchanging the money from the deal into BTC will result in less BTC than gained from keeping the miners running.
I'm not saying you're wrong, you have a reasonable chance of being right. But imho you're assuming too much, too confident that selling the shares is the right thing.
Have you voted already? If not, wouldn't it be wise to atleast wait untill the 14th to see what bobsag3 has to say and see what the conversion rate is at?
To whoever is in charge of the deal, at what time will the $ be converted into BTC?
yes if the sale is made the btc to usd rate is very critical. as is the timing
as for logic it is simple I trust dzCoop so if they make me an offer I trust the offer to be good. they are giving me choice to take cash out and do what i want to do. at this point to fix the shortfall then need to add about 20 btc to this weeks payout. and they need to make the hash go to 3.3th. they have said they can not do this or at least they have said it is too hard to do this. the gear needs too much tweaking. so for me it is time to move on to other dZcoop offers. I have purchased some r17 and want some more. I have no need to go into my pocket to do this as I will wait for the 15th of this month. when they give some payout for r5-r6 and r9-r12 I will buy more r17. if they buy us out here I will get 10 shares of r17 and 1 share of r20.
no buy out means only 1 share of each.
At no time have they said A) we are giving you the choice to collect 20btc to be split 400 ways and we are jumping back to 3.3th. that has not been an offer to us.
As for being afraid of btc jumping after the payout just hold the btc. I agree that if the deal is made and btc jumps to the moon before we get paid we are screwed.