Topic: Curious why so many people are invested in Shitty bitcoin companies? - page 2. (Read 3435 times)
June 18, 2013, 09:43:09 PM
It's probably worth point out that 5% return ON BITCOINS is amazing. If I could buy a low-risk asset that would give me 5% return on bitcoins... I would invest all of my bitcoins. The reason I haven't done this is that almost all of the options are very high risk... so may as well try for something that has high returns.
June 18, 2013, 09:24:52 PM
There's nothing wrong with a dividend depreciating. If someone paid you $500 a day for absolutely nothing, and gradually knocked off $10 a day, would you really care? I sure the fuck wouldn't. I'll stay in until I'm right down to $0/day.
June 18, 2013, 09:20:24 PM
lol i can sense your sarcasm, but its not my place to. Ill just buy the good investments. I was just wondering if there was an underlying reason purely for curiosity sake.
June 18, 2013, 09:11:56 PM
true, but many of the companies don't even really have room for massive improvement. Take mining companies for example. The percentage most of them take is so small, they can't afford to buy the hardware to outlast the difficulty changes, so what you end up having is a dividend that slowly depreciates. And yet, people line up to buy these stocks. I feel like people just don't know that they're overpaying dramatically.
You better spread the word then, people need to know the truth!
June 18, 2013, 09:07:27 PM
true, but many of the companies don't even really have room for massive improvement. Take mining companies for example. The percentage most of them take is so small, they can't afford to buy the hardware to outlast the difficulty changes, so what you end up having is a dividend that slowly depreciates. And yet, people line up to buy these stocks. I feel like people just don't know that they're overpaying dramatically.
June 18, 2013, 08:58:36 PM
In my ignorance, most tiny startup companies seem like a bad deal... or a very random one. However, a few people with inside information (probably friends of the founders) might know something we don't and think it's a really good investment.
That's one possibility anyway.
That's one possibility anyway.
Thinking the same thing here. I think a lot is family and friends buying in.
June 18, 2013, 08:51:04 PM
In my ignorance, most tiny startup companies seem like a bad deal... or a very random one. However, a few people with inside information (probably friends of the founders) might know something we don't and think it's a really good investment.
That's one possibility anyway.
That's one possibility anyway.
June 18, 2013, 08:38:10 PM
I have been investing my bitcoins and litecoins in some online companies via websites like bitfunder or btct.co and I can't help but wonder why the prices are so high for shares. Most of the companies with a couple of exceptions have a yearly return of about 5%, so why the hell would you invest in them anyway ? You are better off buying a little asic usb miner and running it until you make 30% back and sell it. I am curious why others think this is, imo I think it shows coin hoarding to the point that people just want a place to put them. Idk just my 2 cents. Curious to hear what others think.
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