Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
The odds of a positive ROI only ever were theoretical, like when difficulty would drop by a few orders of magnitude,
Firstly, when has difficulty dropped by a few orders of magnitude, are we talking about the same bitcoin here?
2nd. the moment you have more BTC in your wallet at 'cash-out' time than you put in initially it's stops being theoretical and becomes real. If you want to talk too much about 'theoretical gains' you can talk about the positive ROI you've made from funneling your fiat into crypto not being more than a dream until you're back clutching USD in your sweaty palms again
but in such a scenario I want to avoid you claiming its possible to ROI. If the cryptx units are no longer being traded on the open market, I win.
Doesn't matter if they migrate to mpex,bitcoinbourse or get traded in PM's and IRC, all of those above are open no less than havelock. buyer is a buyer and a seller is a seller, profit is profit (or loss is loss, as would be MORE likely should these be delisted) so in that case you'd be more likely to win purely on the 'will IPO buyers be able to see a positive ROI in exactly 6 months' premise..as long as it's verifiable beyond reasonable doubt by neutral 3rd party then should be no problem?
if the same were to happen to cryptx, and BTC price were to plummet instead of soar, investors could end up with a BTC denominated profit if you convert the reimbursed dollars/euro's in to BTC. Again this is not a situation were I would want to lose the bet, especially since you claim there is no legal risk, and Im already betting plenty on a BTC price rise.
You wouldn't want to bet on a BTC denominated profit should cryptx be forced to reimburse fiat (for whatever weird reason) -- because they are just like activemining
into BTC despite strongly believing BTC/fiat is heading skyward right? you sure you know how this betting thing works?