Quote from: BitThink on September 27, 2013, 09:06:11 AM

Quote from: drawingthesun on September 27, 2013, 09:02:42 AM

Quote from: BitThink on September 27, 2013, 08:58:09 AM

Quote from: ronaldlee0917 on September 27, 2013, 08:55:06 AM

Only 94.27436235 BTC of bids left!!!!!
Last chance to pass your bags to the ultimate bagholders!!
Better to take a large loss like a man than being left empty-pocketed.

I guess all investors here are prepared to lose all the money invested on this stock. So what's the difference to selling now compared with just let it becomes 0 but with a slight hope to win?

To anyone still holding and thinking about taking the train to 0. If you sell now you are looking at perhaps 5x - 10x loss on your bitcoins. However in 2 years bitcoin might be worth 10x so you can still get back to your previous fiat level by selling now and holding the bitcoins themselves as an investment.

Of course getting the bitcoin value back...

No chance. (try another stock perhaps?)

I don't believe people will spend all their BTC on this stock. Even it goes to 0, there's other chance to get them back.

But all these only applies to those who think there's still a tiny chance. If you don't believe at all, then yes it seems now it's the only chance to get some tiny part of invest back.

But remember, if 2TH justifies 0.002, then now 300GH at least justifies 0.0003.

If LC immediately started hashing at 2TH (which obviously is not going to happen), a price of .002 would yield 12% annual returns with no difficulty increases. Those returns aren't nearly adequate given the level of risk, and the difficulty will probably double before LC gets any more hardware hashing (if they ever do). So basically, 2TH doesn't justify anywhere near .002.

cw92

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