Topic: ### ANN FAS ### INSTANT ALTCOIN MINING ### - page 10. (Read 16051 times)
damn... I had 2 confirms left :O
aaaand they are gone. Just after i saw the announcement -_-
Oh wait. It's all sold out. huehuhe
10 minutes later, down to 3.2BTC. I think it's going to sell out in less than two hours. We'll see what happens next
If it sells out that fast...I'm going to put it up for a vote... on release of more shares (This was round 1) or release IPO flag and let the price float...
10 minutes later, down to 3.2BTC. I think it's going to sell out in less than two hours. We'll see what happens next
Do you think these will be sold by tomorrow? Only 4 BTC left @ 0.000001
Might as well. Invested my pennies, hope to see the first dividend soon
I have added FASBIT to the CryptoFrenzy.com crypto porfolio so you can now track your live share value.
Exclent DannyDisco...
Ill put up a link
Do you think these will be sold by tomorrow? Only 4 BTC left @ 0.000001
Yes... I would expect...
Do you think these will be sold by tomorrow? Only 4 BTC left @ 0.000001
I have added FASBIT to the CryptoFrenzy.com crypto porfolio so you can now track your live share value.
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Yeah, but it still can go lower that 0.000001, unless you will be keeping a buy order at that price for the whole time.
@fasbit, so it could go lower than 0.000001 if people are desperately trying to get their btcs out
6 decimal places is the lowest increment that CryptoStocks allows. So it really cant go lower!
Well, it can - to zero, if nobody's buying
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Yeah, but it still can go lower that 0.000001, unless you will be keeping a buy order at that price for the whole time.
@fasbit, so it could go lower than 0.000001 if people are desperately trying to get their btcs out
6 decimal places is the lowest increment that CryptoStocks allows. So it really cant go lower!
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Yeah, but it still can go lower that 0.000001, unless you will be keeping a buy order at that price for the whole time.
6 decimal places is the lowest increment that CryptoStocks allows. So it really cant go lower!
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Yeah, but it still can go lower that 0.000001, unless you will be keeping a buy order at that price for the whole time.
@fasbit, so it could go lower than 0.000001 if people are desperately trying to get their btcs out
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Yeah, but it still can go lower that 0.000001, unless you will be keeping a buy order at that price for the whole time.
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
yes.. you would be "stuck" with the stock AND the dividends
Sounds interesting, bought a few 10k shares.
it cant go lower than 0.000001, but what if no one wants to buy the shares? ill be stuck with your stock
This sort of coin release looks nothing short of a ponzi scheme. What the hell guys? The crypto coin isn't about making a quick buck here and there, it's something much more than that.
I agree that its about "something more"...There will be some people who do sell their shares quick...and that is fine.... the ones who stay in long term will gain the most...
This is a service to keep you from having to go through all that BS involved in mining... some people don't want a hot rig in their house... this is for them....
If a few speculators make a quick buck... well good for them too...
Quoted from the other forum:
So, 2.85BTC (around 2000$) nets you 1.6mh/s. If it's pointed at some super-explosive coin, it can net a nice profit. If it were pointed at DOGE right now, according to coinwarz, estimated ROI would be around 4 months. Litecoin - about eight months.
Are you going to take risks with just-launching coins, or just point it at a multipool?
Quote
Dividends will be paid daily after first IPO round is completed. Since kh/s and mh/s fluctuate so much, it would be easier to calculate it in "shaders" or stream processors. At the moment, We set our AMD 290x GPU's of 2816 shaders to about 820 kh/s, we could go higher but overheating is a real issue since these rigs are contained in a server rack. You can do a rough calculation that that one fully cased and cooled rig of 5632 shaders (2 - 290x GPU's) will produce about 1.6mh/s, will cost us about 2.85 BTC on today's market. So, one share at .000001 BTC wouldn't get you much in the way of hash power. However, 2.85 BTC (2.85 million shares) would get you the profit from 1.6mh/s. Im thinking about paying out 90% of the profits at first. If I loose money, I will reduce the percentage until there is a profit and I can replace broken hardware pay the electric bill etc.
So, 2.85BTC (around 2000$) nets you 1.6mh/s. If it's pointed at some super-explosive coin, it can net a nice profit. If it were pointed at DOGE right now, according to coinwarz, estimated ROI would be around 4 months. Litecoin - about eight months.
Are you going to take risks with just-launching coins, or just point it at a multipool?
Since I now have the stress of keeping investors happy...instead of just keeping myself happy...I'm thinking of a mix... kind of like a stock portfolio... so...maybe DOGE might be in the mix... never a switching pool...(I will be your switching pool) I generally only switch it up once a day anyway... maybe 20%-35% power at the upstarts... Im after solid returns... so throwing too much at the "Whipper Snappers" may be too risky...and certainly trying to ditch the coins on the small upstart markets where alot of the new coins are sold....is a nail biter all of its own....
Honestly I don't really know.... I may "mine by sense of smell"
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