Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Securities
Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock]
by
robitnik
on 26/03/2014, 00:14:14 UTC
Quote from: theMiracle on March 26, 2014, 12:05:20 AM
Quote from: robitnik on March 25, 2014, 11:54:26 PM
Quote from: theMiracle on March 25, 2014, 11:41:32 PM
Quote from: robitnik on March 25, 2014, 11:26:57 PM
... Traditionally bitcoin securities trade for between 3 and 10 times their instantaneous annualized return...

Traditional securities don't depreciate by 50 to 200% *monthly*.  This is bitcoin mining, a very untraditional security Smiley

Check up historical prices and dividends. BTC mining securities generally have adjusted to maintain a yield of 10-30%, with the occasional spike up or down depending on news.
...

wut?  Historical prices tell me that no mining bonds have made money for "investors."  So not sure what you're saying.  The winner you picked closed at what, 1% of the IPO price?  Before trading was halted?  How do you figure 10-30%?

(Current weekly dividend) * 52 / (Current share price) was typically around 10-30%. If the yield goes up, the share price goes up to maintain the ratio  and vice versa.

Below is a historical graph for Cognitive on BTCT-CO. The yield got out of whack last July as the price spiked > 0.6 due to some hysteria and poorly thought out speculation on BTC securities.

http://www.coinflow.co/chart/COGNITIVE