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Topic: AMHash1: Cost-Effective Mining Contract - page 65. (Read 304259 times)

hero member
Activity: 616
Merit: 500
February 13, 2015, 06:45:52 PM
AMHASH is starting to look pretty attractive. Next diff. increase could be modest and BTC is showing some signs of life, however long that lasts. At some point meaningful volume has to come into the thing I guess. Then it´ll move fast given its tiny float.
hero member
Activity: 616
Merit: 500
February 13, 2015, 05:02:45 PM
They hardly charge the same for what´s worth 3.5 million and 9000 dollars.
sr. member
Activity: 378
Merit: 254
February 13, 2015, 04:38:55 PM
Well, there´s what $7-8 Million worth of stuff parked there at Havelock. Maybe they charge parking fees, who knows. I don´t and i doubt that you do.

They charge 1btc/month per listing iirc.

Can't be right unless TwentySeventy (B.EXCH; B.MINE; B.SELL) is running a charity.
hero member
Activity: 770
Merit: 509
February 13, 2015, 04:10:02 PM
Well, there´s what $7-8 Million worth of stuff parked there at Havelock. Maybe they charge parking fees, who knows. I don´t and i doubt that you do.

They charge 1btc/month per listing iirc.
hero member
Activity: 616
Merit: 500
February 13, 2015, 02:40:12 PM
Well, there´s what $7-8 Million worth of stuff parked there at Havelock. Maybe they charge parking fees, who knows. I don´t and i doubt that you do.
hero member
Activity: 656
Merit: 500
February 13, 2015, 12:55:39 PM
Didn't realize that trade volume was that low...

Indeed, makes you wonder. Havelock charge 0.4% fees, right ? x 232 BTC = 0.9 BTC per week.
How many people can you employ; even in 'panama' for ~$200 / week ?

No wonder their server is as often down as it is up.

Dont worry they sold some "shares" to public for nice amount until that runs out they can employ whoever and still give themself nice bonuses
legendary
Activity: 980
Merit: 1040
February 13, 2015, 11:17:05 AM
Didn't realize that trade volume was that low...

Indeed, makes you wonder. Havelock charge 0.4% fees, right ? x 232 BTC = 0.9 BTC per week.
How many people can you employ; even in 'panama' for ~$200 / week ?

No wonder their server is as often down as it is up.
hero member
Activity: 616
Merit: 500
February 13, 2015, 11:15:21 AM
Don´t know about that. i follow the trading and the dividends that appear there at the HL page. The dividends amount  has seemed normal all things considered.

legendary
Activity: 1092
Merit: 1004
February 13, 2015, 11:06:37 AM
Quote
And, the dividend has declined by 18.11%

I don´t think that´s correct.

Although I haven´t had any AMHASH for a while I always follow it closely. Would have noticed if the dividend had fallen this much out of kilter with diff. and BTC.

I don't think it's right at all Huh

But, someone has been manually entering it on the customers' CRM interface  Undecided

hero member
Activity: 616
Merit: 500
February 13, 2015, 11:02:24 AM
Quote
And, the dividend has declined by 18.11%

I don´t think that´s correct.

Although I haven´t had any AMHASH for a while I always follow it closely. Would have noticed if the dividend had fallen this much out of kilter with diff. and BTC.
legendary
Activity: 1092
Merit: 1004
February 13, 2015, 10:59:39 AM
I found the reason for the panic sell Huh

You lot are not going to like it one bit, in fact I don't like it.

Logged into my direct account at AMhash; someone has been updating the system with wrong information:

Upoaded a screenshot:

http://pasteboard.co/15Ex2WH1.png

Dividend for the 10th is missing Huh

Dividend for the 12th and 13th is the wrong way around Huh

And, the dividend has declined by 18.11% Huh

Yet, the network difficulty has only increased by 7.77%, whoever entered the information has subtracted an extra 10% from the dividend Huh

No idea, what is going on at AMhash's HQ, but someone is really making a mess over there  Huh
legendary
Activity: 896
Merit: 1001
February 13, 2015, 10:44:19 AM
^and how...


Wow.

Didn't realize that trade volume was that low...
full member
Activity: 196
Merit: 100
February 13, 2015, 10:41:51 AM
^and how...


Thanks, that's what I mean.

So is this a reason to prioritize this market over the others?
sr. member
Activity: 378
Merit: 254
February 13, 2015, 10:23:27 AM
^and how...
full member
Activity: 196
Merit: 100
February 13, 2015, 10:13:05 AM
Havelock have 17 markets.
AMhash1 is 1 of 17 markets, there is no reason Havelock's staff or owner should prioritize this market over the other 16 markets.

Most other markets are dead or nearly dead. That's the only one with regular daily trading activity (next to B.xxx).
newbie
Activity: 15
Merit: 0
February 13, 2015, 09:39:05 AM

Depending on how this works, there's plenty of reason to buy after people are done dumping.
At the very least, we should expect price to go up once dividends start up again - if you buy at bottom price, you win.
But there might be an even more compelling reason: Lets assume that on March 1st (or whenever) there will be a huge dividend payout for the previous 20 or so days: roughly 0.0001 BTC per 1 unit which currently costs under 0.0008 BTC to buy. That one dividend alone is worth 12.5%. And I'll assume it will be paid in full to whomever owns the shares on March 1st (not split over who owned them in previous days). So it becomes really profitable to buy on that day before dividends. Since many people will expect the huge payout we might see a big buy order queue and a little price bubble that will burst as soon as dividends are paid. Of course it's all speculation, but if it happens like this there's plenty of great opportunities - all of which involve buying/holding in this break period.

That is a big gamble at this point. Who knows if they will reto pay any lost dividends?

I did say it was all speculation.
But since no one in an official capacity (havelock or amhash) has made a statement so far about dividends in this period, there will be plenty of people (myself included) that will hope for the best.
However, if a price bubble happens because people think they will pay the dividends, you can make a big profit on the share price alone and just not wait to find out if they actually pay them or not.
legendary
Activity: 1092
Merit: 1004
February 13, 2015, 09:10:33 AM
it was thevictimofuktyranny who pushed me to leave AM Hash and Havelock.

Man! that guy is freaky. He keeps on mumbling like he's on his own world and that he can only hear people whom he likes to listen to.

Anyway, just decided now to check what's happening here after I sold my shares and so I see that there's still no official communication.

I moved the money I have from Havelock over to bit-x and it also made me think of Belize for retirement after seeing that bit-x is located there Smiley

No idea what you're talking about mate, I said I'd bought more AMhash at Havelock and bought other GHs at Genesis Mining, because I forecast (I posted those up for everyone) that difficulty will not double this year and a respectable profit is available on cloudmining investments Grin

You say are saying you "sold" everything at Havelock.

Looks like you've done the complete opposite of what I have done  Tongue

Therefore, nothing I wrote that had anything to do with your decision, except you're saying that you didn't understand. If, you didn't understand it, of course it will have 0% bearing on your recent panic selling decisions.
sr. member
Activity: 378
Merit: 254
February 13, 2015, 08:47:34 AM
one can tell how valuable bitcoin is going to be one day by the vast number of scams, and elaborate efforts crooks will go to get it today.
...

Not as much valuable as lending itself so well to scamming.  Two reasons for that:

1.  Vastly enhanced anonymity vis a vi fiat.
2.  Seemingly limitless supply of nearly perfect marks--buffoons thinking themselves cleverer, thus throwing away their only defence--God-given horse sense of ones unblessed with smarts.

But otherwise spot-on.
newbie
Activity: 54
Merit: 0
February 13, 2015, 08:21:54 AM
it was thevictimofuktyranny who pushed me to leave AM Hash and Havelock.

Man! that guy is freaky. He keeps on mumbling like he's on his own world and that he can only hear people whom he likes to listen to.

Anyway, just decided now to check what's happening here after I sold my shares and so I see that there's still no official communication.

I moved the money I have from Havelock over to bit-x and it also made me think of Belize for retirement after seeing that bit-x is located there Smiley
full member
Activity: 215
Merit: 100
February 13, 2015, 07:56:14 AM
one can tell how valuable bitcoin is going to be one day by the vast number of scams, and elaborate efforts crooks will go to get it today.

imho, entrusting hard earned BTC to anyone even remotely questionable is just foolhardy.

you guys can speculate all you want, but suspending anything in  clearly communicated 7/24 operation is very very questionable.

I am amazed this has not cratered yet.




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