TAT.VIRTUALMINE 0.002499 per 1 MH/s.
DMS.MINING 0.006687 per 5 MH/s, that's 0.001337 per 1 MH/s, almost half the VIRTUALMINE price.
Or is there any reason why VIRTUALMINE should be so expansive?
(and what about BFMINES?)
Topic: A question for those buying TAT.VM (Read 886 times)
Let's first collect some observations from (behavioral) economics:
Having read these, thought about them, googled anything that was unclear, please tell me: what constitutes "insane" behavior?
To your question:
There might be any number of reasons for buying TAT.VM over DMS.*.
The one most convincing for me would be, that the DMS.* securities are difficult to understand relative to TAT.VM.
If really understanding DMS.* takes a lot of time and an individual values time highly, it might just be cheaper for him to go with the seemingly more expensive TAT.VM asset than learning more about DMS.*
In that case, one might face a relationship like this (assuming benefits of both assets are identical):
cost(tat.vm) < cost(dms.*) + cost(information)
It would then be perfectly understandable to buy Tat.vm instead of dms.*
- people make mistakes
- people do not act fully rational
- people decide under uncertainty as there is no such thing as complete information
- aquiring information is costly
- people tend to be risk averse (in general)
Having read these, thought about them, googled anything that was unclear, please tell me: what constitutes "insane" behavior?
To your question:
There might be any number of reasons for buying TAT.VM over DMS.*.
The one most convincing for me would be, that the DMS.* securities are difficult to understand relative to TAT.VM.
If really understanding DMS.* takes a lot of time and an individual values time highly, it might just be cheaper for him to go with the seemingly more expensive TAT.VM asset than learning more about DMS.*
In that case, one might face a relationship like this (assuming benefits of both assets are identical):
cost(tat.vm) < cost(dms.*) + cost(information)
It would then be perfectly understandable to buy Tat.vm instead of dms.*
huh? how hard is it to multiple TAT x 5? The only thing that takes some time (albeit not that much) to understand is DMS selling. DMS Mining is almost exactly like every other PMB.
Bitfunder, always a good place to get cheap shares...let's move to Bitfunder ,you can fund 0.003 TAT.VM...
Let's first collect some observations from (behavioral) economics:
Having read these, thought about them, googled anything that was unclear, please tell me: what constitutes "insane" behavior?
To your question:
There might be any number of reasons for buying TAT.VM over DMS.*.
The one most convincing for me would be, that the DMS.* securities are difficult to understand relative to TAT.VM.
If really understanding DMS.* takes a lot of time and an individual values time highly, it might just be cheaper for him to go with the seemingly more expensive TAT.VM asset than learning more about DMS.*
In that case, one might face a relationship like this (assuming benefits of both assets are identical):
cost(tat.vm) < cost(dms.*) + cost(information)
It would then be perfectly understandable to buy Tat.vm instead of dms.*
- people make mistakes
- people do not act fully rational
- people decide under uncertainty as there is no such thing as complete information
- aquiring information is costly
- people tend to be risk averse (in general)
Having read these, thought about them, googled anything that was unclear, please tell me: what constitutes "insane" behavior?
To your question:
There might be any number of reasons for buying TAT.VM over DMS.*.
The one most convincing for me would be, that the DMS.* securities are difficult to understand relative to TAT.VM.
If really understanding DMS.* takes a lot of time and an individual values time highly, it might just be cheaper for him to go with the seemingly more expensive TAT.VM asset than learning more about DMS.*
In that case, one might face a relationship like this (assuming benefits of both assets are identical):
cost(tat.vm) < cost(dms.*) + cost(information)
It would then be perfectly understandable to buy Tat.vm instead of dms.*
If you Look on BTC-TC, somebody is trying to buy 900 shares at 0.0041, which just seems insane to me. Given that you can get 5 Mh/s from DMS.MINING for around 0.015 BTC (0.003 BTC per Mh/s), that you can make more profit trading the DMS assets and that the DMS assets now have greater volume, what is your reason for buying TAT.VM?
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