Quote from: nwfella on September 08, 2014, 07:47:15 PM

Quote from: webbrowser on September 08, 2014, 08:03:11 AM

Quote from: burner2014 on September 07, 2014, 06:47:06 AM

One Question. Was the PETA Project not same fucked up till it got the turnaround? I mean it will take 6-12 months to get to IPO Share prices back but isnt it possible? If we reinvest everything every week into new hashlets and we have a bit luck with mining profibility ? Then also a bit luck with BTC prices in the next 12 months?

I don't understand how people can give up and don't try to make the best out of the worst. I think that crypt x is listening to us the first time is a good first move.

In my opinion, PETA was being bled dry from the start. I don't think it ever had a turnaround. If you're referring to the May/June IPO, investors simply didn't understand what the exploding network hash rate, uncompetitive hosting fees and repayment for the loan really meant.

Given the past history, there's no chance that a new IPO by cryptx will be met warmly. I don't think there's any chance for SCRYPT to return to IPO prices.

There is about 0 probability of this happening. I just finished dumping my shares for ~73% loss and truth be known I consider myself lucky to have gotten back 27% on what I put in. Both ScryptX and Petamine where obviously designed with the 'long con' in mind. Get out while you can is my recommendation. Given CryptX's track record things will only continue to get worse.

I'm really curious to know who purchased your shares...