Quote from: CjMapope on May 14, 2020, 11:43:07 PM

Quote from: Icon on May 14, 2020, 05:18:41 AM

So ration something out for me, as of today $5000 will buy~ 0.5 bitcoin but according to hashnest own calculator, if I spent $5000 on their pacmic 2020 contract and a year from today I would only earn 0.040 btc... so why would I buy this contract? Undecided

Icon

P.S.

I can see that if you just use it for cash only then it is a good investment however hashnest only pays out in bitcoin, why not pay out in USDT instead?

ya them making these changes is shitty for customers imo
invest 5000 USD (0.5 BTC)
get back 5000 USD in a year or so (most likely LESS than 0.5BTC) :/
plus some satoshi dust as your profit (0.003ish)

you would basically have to be betting AGAINST BTC going up for this to be a good deal
they should have kept it like before, invest BTC, get BTC back

honestly, no wonder the PACMICS arent selling this time (even tho they keep reducing the minimum buy-in to try sell them it seems) :/
they used to FLY off the shelf when they were fully BTC in, BTC out...

If you invest 5000USD, you get interest around 0.0824BTC and get back 5000USD at the end of the contract. We design it for newbie as USDT is stable coin, uses no need to worry about their principal shrinkage caused by the depreciation of BTC prices. But they can earn more interest if BTC surges.