What happens if all shares are not sold?
Unless the hardware is already bough and working, you are paid only with the money from the people buying after you.
If people stop buying there is nothing to pay with.
Topic: ►► [COINSPEED] ►► Advanced Bitcoin Mining Project ► - page 2. (Read 5041 times)
Unless the hardware is already bough and working, you are paid only with the money from the people buying after you.
If people stop buying there is nothing to pay with.
Like we mentioned it in our thread and on Cryptostocks:
Market will be opened after Phase 3, and all unsold shares will be kept for later offers.
At this moment there are 4,684 shares already sold.
6 days left to buy our shares at lowest price.
Our next dividend payout is July 02.
Phase 1 will last for 6 more days and there will be only 15.000 shares at 0.0015 BTC!
Thank you for your trust
Market will be opened after Phase 3, and all unsold shares will be kept for later offers.
At this moment there are 4,684 shares already sold.
6 days left to buy our shares at lowest price.
Our next dividend payout is July 02.
Phase 1 will last for 6 more days and there will be only 15.000 shares at 0.0015 BTC!
Thank you for your trust
What happens if all shares are not sold?
►► CoinSpeed ►► Phase 1 lowest price ► Only 6 weeks of IPO left
One week left to buy our shares at lowest price.
Our next dividend payout is July 02.
At this moment there are 4,452 shares already sold.
Big thanks to our shareholders for trust they showed us.
Phase 1 will last for one more week and there will be only 15.000 shares at 0.0015 BTC!
One week left to buy our shares at lowest price.
Our next dividend payout is July 02.
At this moment there are 4,452 shares already sold.
Big thanks to our shareholders for trust they showed us.
Phase 1 will last for one more week and there will be only 15.000 shares at 0.0015 BTC!
This is a classic trap, pay high div's for nothing. Then get people greedy then run, please people be wary.
shawshankinmate - project is located in Netherlands, Amsterdam area
First dividend has been paid out, and its larger than we announced. We will continue to reward shareholders as much as it's possible at the given moment. Thank you
Total dividend: 0.15999264 BTC
Number of shares: 2,628
Dividend per share: 0.00006088BTC
First dividend has been paid out, and its larger than we announced. We will continue to reward shareholders as much as it's possible at the given moment. Thank you
Total dividend: 0.15999264 BTC
Number of shares: 2,628
Dividend per share: 0.00006088BTC
c2m - Thanks for the interest and concrete questions
1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days.
6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?
We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.
We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.
Feel free to ask if you have any additional questions.
Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.
Big thanks to our shareholders for trust they showed us.
1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days.
6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?
We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.
We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.
Feel free to ask if you have any additional questions.
Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.
Big thanks to our shareholders for trust they showed us.
Where is this operation located?
c2m - Thanks for the interest and concrete questions
1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days.
6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?
We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.
We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.
Feel free to ask if you have any additional questions.
Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.
Big thanks to our shareholders for trust they showed us.
1) Next batches of miners are going to be much cheaper. We arranged special deal because of past sales
2) We are offering investors a way to invest in mining without buying, configuring and maintaining their own mining hardware. Looking at long term it's much better option for interested investors. 20nm ASIC hardware is already on its way.
3) Investors will break even probably before 6 months because we are planning multiple bonus dividend payouts. Constant/minimal dividend payout ensures regular payouts.
Why?
We are paying constant dividends to sold shares (number of sold shares is irrelevant in this case, shareholders will always get the same or larger payout), rest of the profits that would go to shareholders (to shares that are not sold, but issued) are kept in separated fund so we can be certain and assure shareholders that they will receive constant and regular payout every 5 days.
6 months ROI is very short time in legit and real securities. Take a look at projects that promised faster ROI. How many did it succeed?
We tought long and hard on how to set up project (looking at other securites and their successes or failures), and we are certain that this is the best possible approach at this time.
We are also planning on adding more hash power (besides regular +1TH per month), which will keep us profitable for a long time. 20nm technology should give us even better profitability and raise of constant dividend payout.
Feel free to ask if you have any additional questions.
Tomorrow is first dividend payout day. At this moment there are 1,752 shares already sold.
Big thanks to our shareholders for trust they showed us.
@CoinSpeedProject
Hi, thanks for your offer, let me just ask some questions to clarify your offer:
1) How do you expect to make any ROI for investors, if you bought 15TH for 51k ==> 1TH @ $3400 ?
2) You are selling 45k shares @ 0,0015/0,002/0,0025btc which equals roughly over 50k @ $560/BTC ==> does it mean you are in fact selling us your overpriced KNC neptunes ?
3) You are offering roughly 0,0002556btc/share/month or 0,76btc profit for 1TH (3000 shares). Cost of 3000 shares is around 4,5btc per your prices in 1st round ==> even if your dividend stays the same every 5 days for next 6 month (it wont), I would end up breaking even within 6 month ==> why would any investor does that ? I mean I am noob in mining, but from what I have understood quickly is this is fast moving business - 6 months is too long for BE.
IMHO:
- you might increase reinvestment allocation percentage to at least 50% of revenue to be able to buy more hashrate.
- you might not be able to stay in the game over expected increasing diff jumps if you plan to add only 1TH/month - in my noob calc it is needed to increase hash rate at least 1/3 to 1/2 of total hash rate every 1-2 month to stay in the game. I am not saying I am right - just my op
Anyway, thank you for sincere reply and GL with your project!
@RiverBoatBTC
Thanks for interesting due diligence !
Hi, thanks for your offer, let me just ask some questions to clarify your offer:
1) How do you expect to make any ROI for investors, if you bought 15TH for 51k ==> 1TH @ $3400 ?
2) You are selling 45k shares @ 0,0015/0,002/0,0025btc which equals roughly over 50k @ $560/BTC ==> does it mean you are in fact selling us your overpriced KNC neptunes ?
3) You are offering roughly 0,0002556btc/share/month or 0,76btc profit for 1TH (3000 shares). Cost of 3000 shares is around 4,5btc per your prices in 1st round ==> even if your dividend stays the same every 5 days for next 6 month (it wont), I would end up breaking even within 6 month ==> why would any investor does that ? I mean I am noob in mining, but from what I have understood quickly is this is fast moving business - 6 months is too long for BE.
IMHO:
- you might increase reinvestment allocation percentage to at least 50% of revenue to be able to buy more hashrate.
- you might not be able to stay in the game over expected increasing diff jumps if you plan to add only 1TH/month - in my noob calc it is needed to increase hash rate at least 1/3 to 1/2 of total hash rate every 1-2 month to stay in the game. I am not saying I am right - just my op
Anyway, thank you for sincere reply and GL with your project!
@RiverBoatBTC
Thanks for interesting due diligence !
With "issuers" on CS going KTHXBI and vanishing, this shit doesn't fly quite as well as it used to.
But that's irrelevant. Only an idiot would start investing in small mining operations, purchasing gear @retail, regardless of legitimacy.
Imminent speed/difficulty growth is making even large mining concerns, mining with self-manufactured miners, unprofitable. Or, rather, profitable for the "issuers" and ruinous for the "investors."
Do not want.
Riverboatbtc - You didn't even check information on Cryptostocks listing and compared it to information on KNC receipt. We made a mistake trusting you. Now, we have done proper research on you, and its obvious that you are not person of trust. Sending of an ID to you is not an option in any way. There is no way of knowing who you are because you are hiding behind nick, whois guards and such.
Since you have your own IPO's, it seems that you are spreading false information and accusations without any proof in other peoples projects so you could market your own project and build a false trust from members who don't do a proper check on you. We have made that mistake at first.
We don't have time for your games, agendas, or whatever is that you do. Our main focus is CoinSpeed and it's shareholders, and also there is no need mentioning it, but we have regular lives, kids and family to attend to.
Please do not troll our official thread. Thread is unmoderated, because we want to be transparent.
Members - Please do your own reasearch on every project before investing in it. Don't trust other members! Your own due dilligence is a must!
Regarding our verification and legitimacy - we have done much more than most of the projects on the forum and Cryptostocks
Our verification on Cryptostocks is Premium; ID and utility bill (address verification) have been sent to CS team. Our project manager information is openly posted on our Cryptostocks listing.
You can check that here (Verification tab - need to be CS user): https://cryptostocks.com/securities/140#verification
We apologize for later posting of miner pictures and bill, but we waited for tech to prepare them for public posting (need to ensure they will not be used elsewhere for scams and such).
Bill for miners (information can be checked on Cryptostocks listing - Verfication tab)
We are being transparent as much as we can, and if you are even a bit suspicious, please do not invest. This relates to any project in any niche.
Again, please do your own research on every project before investing in it and always keep in mind that every investment comes with a risk, so don't invest more that you can afford to lose.
Feel free to contact us on [email protected] or post here if you have any questions
We would like to remind that first dividend payout is in 2 days.
Thanks
He sent me a picture of a Purchase order,
In no way did it identify him or coinspeed.
I requested pictures of him holding a I.D. and then pictures of the I.D. next to the purchase order.
If he sends those items I will be happy with his Identity and claims.
In no way did it identify him or coinspeed.
I requested pictures of him holding a I.D. and then pictures of the I.D. next to the purchase order.
If he sends those items I will be happy with his Identity and claims.
vampric - exactly. We have decided to go this way since in a long term is much profitable for shareholders.
jayc89 - we are sorry you think this way, but we are certain that with time you will change your mind.
RiverBoatBTC - we are aware that your project and mission is to unfold scams, but it's not nice to spread false information without first checking with project owners and doing your some background check.
Since members here have trust in you and your project, we think that you are the perfect person to verify our legitimacy. We have sent you order/bill for hardware on PM, so please check it out and change your posts accordingly.
We will post pictures of KNC interface in a few days
First dividend will be paid out in 3 days.
jayc89 - we are sorry you think this way, but we are certain that with time you will change your mind.
RiverBoatBTC - we are aware that your project and mission is to unfold scams, but it's not nice to spread false information without first checking with project owners and doing your some background check.
Since members here have trust in you and your project, we think that you are the perfect person to verify our legitimacy. We have sent you order/bill for hardware on PM, so please check it out and change your posts accordingly.
We will post pictures of KNC interface in a few days
First dividend will be paid out in 3 days.
Why no digital foot print?
Looks like a scam, smells like a scam
Looks like a scam, smells like a scam
I am about to background investigate you, so if you have anything to hide better fess up to it now.
You're miles off the money here. There is still a profit in bitcoin mining when done right, but this isn't it. It sounds like you're running this out of a spare room, that isn't "Advanced Bitcoin Mining" by any stretch of the imagination.
Dvidends will be paid out every 5 days and we have decided to go with constant dividend payout. This will allow our shareholders to receive equal amount of payout and accurate calculation of investment return. It doesn’t matter how many shares are sold, investors will always receive promised dividend.
Approximate payout (every 5 days) is 0.0000426 BTC per share
Approximate payout (every 5 days) is 0.0000426 BTC per share
Just to confirm, does this mean it doesn't matter if there are 400 shareholders or 40000, the dividend payment will always be approximately .0000426 btc per share? Or am i wrong?
Photos of hardware are being prepared, and it will be posted tomorrow. We are unfortunately still waiting for web designer to optimize them and incorporate them into website.
Show the bills & pictures of the hardware or GTFO.
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