Post
Topic
Board Marketplace (Altcoins)
Re: Cryptsy now offering shares in mining contracts. MN1. Question
by
hellscabane
on 17/04/2014, 16:45:07 UTC
Intresting development, looks like a lifetime contract. Ill buy some but i dont expect to make much profit unless btc diff drops

If btc diff drops that much, then there is probably something seriously wrong that will cause the price to drop, so, what I'm trying to say is that there is about a 0.00000001% chance that these things will be profitable.
It seems that the market is starting to "quiet down" in the sense that prices are lowering. But even at the current prices, a lot has to happen to make ROI on these contracts.

You never know though, Cryptsy could change the function of these shares to somehow make them actually "profitable."