Incoming? Lol, it hasnt even properly burst yet.

Cryptx investor checks latest dividend:

Anyone here good at TA?

Dear Hodlers!
This is your painful predicament, depicted by the one who started the Hodler craze--a man shaped by loss and faith in symmetry, Ferdinand Hodler.
The angels watching over you are his wife, Augustine.
Yes, all of them.
She ded.
Leaving you in my capable (though reluctant) care.
Now please get dressed, no good will come of this...

Wrong. The price is going to drop below 0.02. The new DataTank technology is going to render PETA and many other mining operations unprofitable. Everybody is trying to get rid of PETA shares in order to get out and save some bitcoins for investing in DTMA when it is going to be availiable in a few days.

I really enjoy this thread.
I sold at 0.08 some weeks ago before the new IPO.
Bought back in since some people here are obviously working on suppressing the price.

I left and bought my own miners because I thought I could outperform this project. I would like to tell you guys about my experience.
Although I got my hardware right away: It doesn't run well and needs constant supervision.

Result: If you want to invest in mining buying mining bonds is much better than buying hardware.
No maintenance, no hassle, just weekly returns...

In my opinion all Bitcoin related predictions are absolutely irrelevant.
The future of Bitcoin can not be predicted by any mathematical equations.
The future of mining is going to be projects like the Petamine. Since the management team of this project has proven to be trustworthy and professional I believe in the success of this project.

Another IPO is of course possible. Of course it is also possible that the share price remains low.
This is still a very small investment here. Difficulty increases will not continue at this rate forever.

Panic selling and panic buying... is what the sharks are profiting from.
Keep your cool and do your own homework.

Looks like first wave has come & gone , but I dont think party is over yet 

The fact that puppet is now being quiet tells me his bids filled.  Despite his claims to the contrary.

Tell me about it.  I'm still thinking I'm going to pick a few shares up.  Think they are seriously undervalued ATM but hell I've just lost 70% of my cryptx value so pretty risky.

0.03300021   

And the volume's picking up.



Edit: ฿0.03283000

I post undisputed facts.  You call it FUD.  Only in Bitcoin, folks

Oh! Lions and tigers and bears. Oh my!



https://tradeblock.com/mining/



How now, brown cow?

Which is of course, a very, very stupid reason.

Dont get me wrong, Im appalled cryptx is even mining there, and I would welcome a switch to p2pool or some smaller pool (my vote goes to bitminter), but buying existing shares from another shareholder at an inflated price is going to change what exactly about where cryptx mines, or for that matter, with how many TH he mines ? If you had bought in to an IPO at least you could claim you want to "support" the security issuer for mining at your favorite pool, but thats not what you did.

Nonsense.  Only if you don't know how to interpret numbers or graphs.


No one can guarantee that The Easter Bunny won't show up and make all of us rich, but most adults discount that possibility in their financial prognoses.  Stop banking on miracles, and, I can assure you, your prognoses will suddenly become more accurate.
Truth.

@Aireun:
Investing in PETA, which, AFAIK, mines on ghash.io, is *horrible* for Bitcoin.  See here.  Stop parroting nonsense.

Investing does imply increasing your bitcoin stash.  If you can not find any offerings to accommodate that, the wisest choice is not to "invest" in the one that loses you the least money.
No.
Simply *DO NOT INVEST!!1!*
There.

I also think we should ask ourselves this.....

If I had:
-Enough storage capacity eg: warehouse
-Good connections with mining equipment makers
-Technical know/how about bitcoin, PC's, networks, etc.
-Access to free electricity to get me started
-A spreadsheet that says: Bitcoin mining is going to give me ROI
-A million dollars

Then why would I need somebody else's money?? And then my coin dropped. I wouldn't, I would just do it on my own, expanding and expanding... becoming rich all by myself, not wasting my time on a forum setting up IPO's, nope, I would just go on holiday, come back every 10 days and install more miners, go back on holiday and so on....endless cycle of money, but I WOULD NOT share this money making machine.

@Puppet
At first I thought you were a troll, my apologies.

I am the sucker that bought this saturday for 0.08/share, 125 pieces, I'm also the sucker that just dumped 125 pieces, giving me a loss of 1.65BTC.
I should have done my homework better, the more I read what Puppet has to say, the more he makes sense, a 50/50 div/reinvestment, is not going to be enough in the long run, so it will have to get adjusted, thus decreasing the price/share (it should have been 10/90 from the start, not a single company gives 50% dividends). We are already at 0.66, one big dump and it's blood in the streets.

Last IPO was not a complete success, the next one will also not going to be a success.

After doing too little investigation I was toooo excited about PETA, consider the 1.65 BTC a donation to the bitcoin community 

I'll be investing euros to cover my lost 1.65BTC, so I won't be feeling miserable when bitcoin hits >1000$. This will also increase the value of all other bitcoins 

Luckily I didn't realise a fiat loss...but it has been a valuable and expensive lesson.

Thanks Puppet, you saved me from loosing another 8.35BTC.

Also the fact that I noticed that Havelock has been down 2 times already on 2 days, doesn't give confidence, even at this low volumes.