What are you guys worried about? They are mining. Beka's new Porsche proves it!

Is this ICO tits up?

1 month after launch, almost zero volume except those dumping their MDX tokens. Unfortunately, I missed the pump to dump mine and make a bit of profit. It's also not listed on coin marketcap. I think we're screwed guys zero volume = death. I give it until summer 2019 before it dies unless something drastic is done. Oh well it was only a little bitcoin for me I only put $150 bucks into it on a lark from my mining income so its basically free. They are also not listed as an exchange on coin marketcap yet. I hope they try and get their name out there so some volume increases. Also its annoying as fuck to have to fill out the KYC info even though I've already gone through that hoop buying the ICO, My old login still works, can you not figure out that I'm legit? Also the deposit function doesn't seem to work when I tried it. Is it because I have to go through the KYC baloney?

Bottom line gents is we're probably fucked. It costs $2835 to mine a bitcoin in Kazakhstan according to the Elite Fixtures data. Bitcoin right now is $3250. We are not getting ANY dividends because there are no dividends. That $2835 doesn't include the cost of overhead, heating, rental, salaries. I suspect Ambit is operating at, or close to a loss right now and will probably go out of business. Fortunately for me I only put some bitcoin(I think I paid around .03 bitcoin at the time worth $96 now) from what I mined(so free) into 1000 tokens so it's not problem for me as I mine at home and the difficulty is dropping like crazy so I make up for it. But if you dumped a shitload of money into Ambit I hate to tell you you're probably not getting it back or going to see any profit sharing as there is no profit. They only way these guys can make a profit, is if they move their operation to Venezuela ($531 per bitcoin) or maybe Ukraine ($1852). These costs to generate a bitcoin is electricity only, not overhead like rent, security, salaries. The reason they are not releasing their tokens is it will dump the first day to nothing and they won't have an operation anymore. I don't think they purposely are trying to fuck us over, it's just the market. Their "Bear" worst case scenario was bitcoin at $7000 US, more than double the price of bitcoin now. I have a feeling bitcoin will probably bottom out around the $2000-$1500 level going by my experience and history of Bitcoin. That's awesome for us home miners as it actually gets more profitable because the difficulty is dropping like a rock as the big farms(like Ambit) have to shut down, especially since I get free electricity at my apartment. I'm willing to wait a few years and accumulate as much as I can until the start of the next run up which will probably be at the next halfening in May of 2020. If they ever do release their tokens and if by some miracle it gets on an exchange dump it fast, they aren't going to be able to survive the next year or so. Not their fault, just reality.

Here is the chart for electricity costs per country. Scroll down.
https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

Yeah I dumped this stuff. I mined for a few days for the hell of it and then after a week with no exchanges it's basically dead. If the devs wanted this coin to do something it would be on at least more than one exchange. The Yobit exchange as far as I'm concerned is a scam, nothing more. You can't deposit and the price is 3 or 4 times what the market price is, so whos coins are actually on the exchange but insiders?