Post
Topic
Board Securities
Re: [Mpex.co] The biggest scam in bitcoin history?
by
Peter Lambert
on 28/01/2014, 15:06:27 UTC

You're too new to be aware of most of the basic facts of the matter, such as the basic fact that MPEx was here before Asicminer, and is still here (showing gains, apparently?!) as Asicminer is vanishing into thin air (not least because of their own poor management skills).

Somehow a steady decrease in dividends equates to showing gains? And being around a whole a year before asicminer makes you a much more mature company.

Somehow paying out 5 times ipo in dividends counts as a failure?

Its not exactly fair to compare mpex to a real company like asicminer just because you made a few thousand btc from gamblers the past year.

Look at the prices of the shares: MPOE has consistently gone up, Asicminer went into a huge bubble and is almost down to its IPO price, losing about 90% off its high. In bitcoinland, lasting one year is significant.

Asicminer was not a failure for people who bought at the IPO price, but what about people who bought when the price was above 5 btc per share?

Which is a real company? Which one is run by an anonymous internet persona who sometimes deigns to communicate and which is run by a person who states their identity and signs it with a gpg signature to prove it and gives monthly financial reports signed by that same gpg signature? Which has a potential for growth in the future and which is withering away?