Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
by
Puppet
on 25/06/2014, 13:34:55 UTC
LOL!!!

Contradiction. Just as I called.

No contradiction whatsoever. For the next ~3 months or potentially forever, here wont be a spare satoshi available for (re)investments from the current mining revenue at the current dividend split ratio.  That cryptx may "re"-invest with new funds from investors or by taking what little dividend potential is left to investors, is no contradiction, its just further proof that the concept does not and can not work.   If it did work, dividends would grow and/or there would be plenty room for reinvestment. Instead you have neither;  you have rapidly evaporating dividends that will amount to  barely ~20% of the total investment and still no reinvestments without fresh capital (or eating the remaining capital).

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Usually when he is quiet for a while he speaks with a new and better plan than even expected.

Ah yes, the magical white rabbit that will turn 8 BTC/TH hardware profitable somehow. Im holding my breath. Most people here are totally deluded about how "good" his previous idea's were and blind to their results. Werent you all cheering when he "offered" that loan? What good is that doing now? Its eating half your dividends and leaving even less on the table than there would have been otherwise.  Its only helping cryptx reap in more fees.

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Now, will someone please answer my question. Puppet sort of answered it, but not really:

I already did a bazillion times. Like here:
https://bitcointalk.org/index.php?topic=310783.msg7347749#msg7347749

and here:

https://bitcointalk.org/index.php?topic=310783.msg7411291#msg7411291