Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)
by
nwfella
on 06/08/2014, 18:30:34 UTC
lmao.  It's seem's no matter what I do to try decrease the huge negative amount of bitcoin i've lost in this investment it only results in that negative # getting larger :/ 

A bit surprised people are selling this low but sort of understandable given the lack of liquidity on the Buy side.  My guess, confidence not real high in petamine atm.  Sooner or later with all this new efficient mining gear hitting the network CryptX and crew are going to have to come up with something big to keep interest in this project alive much into 2015 imho



Are you still having hope that CryptX will pull a rabbit out of their hat? They already have written PETA off, they are busy with their next project.


lol, of course they have something. It's no magic trick, it's a business. Just like in any stock market it's up and down. What other investment pays such high dividends daily.. weekly.. or even monthly? Presently the problem lies within the trust aspect to this investment, a loss of trust due to lack of communication. That being said, the reason for divs being pushed down (a little) is due to the drop in BTC and increase of cost to give you that dividend through mining. If BTC rises, the div will rise, as such so will the share price. Having communication plus a rise in BTC will send the share price much higher that it is now. Additionally, if cryptx starts another PO for more hardware that should also raise the div and share price.
Everything you say is true.  Additionally, where he to lower the hosting/admin costs to a far more reasonable rate it would also help dividends quite a bit.  Some communication would be nice of course but what would be even nicer is him spending some of that big satoshi on some additional hardware to increase the GH/share ratio. 

1158 satoshi's/share for today's dividend :/