Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
And probably another 5 weeks to accumulate descent ammount of reinvestment to have a "buying power". On the positive, hope bitcoins goes up and our reinvestment fund, buys more of equipment to get back to 2%...
Assuming the price of BTC does not increase. If the BTC price increases to what's expected by the bitcoin community we will have more than enough money to buy what we need and our dividends will be shining with profit. Anyone who is mining bitcoin should hold there btc until the next big spike!
One thing is that assuming btc price rises up to 1000 next week, than our current equipment value equals from BTC4000 to BTC2600.
Although reinvestment fund will increase in USD, makes us buy more Ghs, still total asset value drops a lot.
Than I expect share price would fall due to our asset not worth so much btc.
From this point of view, btc price rises up too quickly is not good to our share price. The best scenario is btc price going up slowly, then we see a stable increasing Ghs and stable share price.
True, but we will profit nontheless, with our divs we buy even more shares and hash at higher individual speeds and earn more if it comes down to the price increasing dramatically.
