Pardon my french, but this has got to be one of the stupidest investments I've seen. An investor ponies up 8 BTC for the chance (and I'd say a very low chance) of getting 1.2 BTC back in a years time? Idiotic. I'd be happy to offer double that return to anyone with BTC they want to get rid of invest.
Clearly someone who does NOT get what is being offered here.
It goes like this, for those who may have missed it...
There are risks, but like with ANY investment, there are risks. Even Fortune 500 companies with long track records manage to screw people over, so putting the risk and trust elements as equal, here's the rest:
You are not spending the Bitcoins. Everyone is talking like the 8BTC is gone and now you have to wait for your monthly dividends to make it back.
When you buy shares in a public company is your money gone or can you sell the shares? Is the dividend on top of the share value or is that now your only source of value in the purchase you have made? This is pretty basic stuff.
- You put in 8BTC for a share
- As long as you have a share you get a % of the mining production every month
- Should you decide to sell your share, any amount you sell it for above 8BTC is a profit and any amount below is a loss, minus dividends paid out
It's not that complex and it's pretty fundamental in terms of structure. The risk level is obvious.
OP's attitude towards some of the "brilliant" posts in this thread are certainly just.