Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 3 GH/s hosted scrypt mining project by CRYPTX
by
Wayne_Chang
on 30/06/2014, 15:18:24 UTC
I have a sneaking suspicion that if 5-6 weeks from now your still holding any of your cryptx-scrypt shares you'll actually be ecstatic that you where broke and couldn't purchase any more shares up to IPO price at the time you wrote this.

Well, I'm ecstatic that I couldn't buy PETA second IPO Smiley
But 5-6 weeks time means 5(6)x dividend weeks at something more than 1% each time. And with BTC on the rise, fees are getting "cheaper" meaning more reinvestment, meaning more hashing power.
 
I may repeat myself, on the long run, these projects have been demonstrated by numbers to be unprofitable. But I'm putting an emphasis on the "long". Not 5-6 weeks, I expect something like 5-6 months instead.

Fingers crossed that in the meantime Cryptx hires someone to hold better communications Smiley
LTC/BTC exchange rate trend shows a pessimistic signal. Hope the exchange rate will raise.