I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on!
We are preparing a marketing campaign right now.
We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to
info@cryptx.com Lets work together to take this to the next level!Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
mike I love to watch your sentiment swings...
don't get me wrong, I understand to an extent, especially considering the recent implementations of change of strategy. But as a self proclaimed day trader, it's hard to believe your positive rants are without agenda
There is no adgenda. I've sold all my shares and will never be buying back in. ive been behind this project since day one and have told people to trust these guys, i now feel somewhat responsible to inform them of what is going on. If you saw this update the way I see it you'd understand why my sentiment has changed the way it has. These questions arn't baseless, they have a very serious point. But I'm going to let people work it out for themselves
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
Clever wording in place of transparency. nice. what you should have said was that you are going to pay off the BTC remaining from dividends whatever the outcome because you know as well as I do if this project was set back two to three weeks investors would be even more screwed than they are now. But instead you've made it look like you want to invest, which isn't true at all. You know it would be bad business just as well as I do.
And please, let's not pretend you have structured this update to benefit anyone else apart from yourselves.
Next question, how did you manage to drop the hosting fees from 0.45$ to 0.25$ even though Scrypt didn't make up for the difference?
You should know exactly where this is going. This is probably your last chance to come clean to investors about your business plan and restructure this update in a way that is at least slightly beneficial to them. You know exactly whats going to happen to the shareprice after this project has been up and running for a month or two and how the sentiment here is going to change.