Quote from: oma5 on August 14, 2014, 06:35:55 PM

Quote from: nwfella on August 14, 2014, 05:37:08 PM

Quote from: blizeH on August 11, 2014, 10:57:58 AM

They seem to be in freefall right now... to the people (ie Puppet) who have been incredibly bearish on PETA, at what point, if any, do you see these becoming a good investment?

In short under peta's current model the timeline for these becoming a good investment will probably happen around the 2nd of Nebruary (that's right, the 2nd February of Never!)

The fixed elec/hosting fee's of this operation coupled with the fact that there is no longer any hardware reinvestment fund to et all basically guarantees that this asset is on the fast-track to 0 for investors.

CryptX and company sure do appreciate your investment though I'm sure.
*smacking myself in the head for still owning any of these

*IPO Magic: I wish I would've been wrong though :/

There seems to be quite a correlation between the dividends and the daily Bitcoin price fluctuations. Probably the fixed costs (in fiat currency) are seriously eating into the dividends as the Bitcoin price drops. The swings are amplified as the difficulty hampers coin generation. We should see the dividends go up (less the difficulty increase) when the BTC price rises again - if at all! It is inevitable that mining will stop when the fixed costs = the bitcoins generated. It was a suicide vote to not invest in new mining equipment! We can only hope for Nebruary...

I'll say there's a direct correlation. 0.00000924 satoshi's/share dividend today and just look at what happened to the price. Imagine how hard it's going to tank after this next difficulty jump which is likely to be between 21-25% imho.