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Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 120. (Read 565833 times)

full member
Activity: 144
Merit: 100
I will summarize what i said in recent posts and was brilliantly ignored:

1. Peta promised 700Th/s  back in january.  four months later: 500Th/s  

a) 30% shortfall  
b) Late deployment

Were a breach of contract in at least one of these two tabs; most probably the 2. Additionally compensation for late deployment was promised, it never materialized.

c) Peta promised transparency and Shareholder vote if a major change was intended...  (crickets).
d) Peta suspended dividends without prior notice or consent, once again, breach of good will and common sense.

e) Peta suspends trading... as in

a+b+c+d+e= F-

Also my last post. there's a lot of hopium here.
hero member
Activity: 672
Merit: 500
Cryptx should have done the Peta Ipo first then when we are hashing at top speed and getting div. do the Scryptx IPO...

The new Scrypt ASICs came before the new Bitfury ASICs

What looks fishy is that when finally the shareholders got what they were promised back in 2013, dividend are halted...
full member
Activity: 226
Merit: 100
Cryptx should have done the Peta Ipo first then when we are hashing at top speed and getting div. do the Scryptx IPO...

What is happening now is looking very amateurish

 

 
hero member
Activity: 672
Merit: 500
What a mistake to launch two IPO's in such a short term on a small website!

It might be considered a mistake, but in the mining world, it would have been a mistake not to capitalize on the momentum they had.

What could have been done is, announce the new 1500 Th mine, let the market fix a price and IPO around that value. 0.095 is a good price but it looks expensive for those who sold one week ago.

Timing with ScyptX IPO was bad too, but I guess they hadn't the choice since they are already hashing.

Things will change if they add hardware before the end of the IPO (which is the thing to do at the moment)

CryptX, have you thought about Counterparty to issue decentralized stocks ?
full member
Activity: 226
Merit: 100
What a mistake to launch two IPO's in such a short term on a small website!

If you want more people you need coloredcoins or something like it... After BTCT, Bitfunder etc. some people are reluctant to join any website (even if they have been spotless so far)... Get Peta name out there by being one of the first to use decentralized exchanges is A MUST.

Also more transparency would go a long way too... Where do we sell the coins? please provide a full details (Which exchange?, what price? etc.) because the weekly update is not transparent enough if you ask me.





full member
Activity: 150
Merit: 100
Cryptx,

Do You have any plan if You don't sell even first IPO?

Second question - Why we are hashing at 465-470 for couple of last days instead of 503 TH You mentioned on new propspect?
sr. member
Activity: 350
Merit: 250
cryptx have you considered advertising on reddit or some others major sites to promote your IPO ?
With Scryptx's IPO, must of us here don't have enough funds left.
my post on reddit got bashed and downvoted, im not a very good promoter though


Probably the same group of “traders” that are trying to do the same here.
They have multiple accounts on different forums.
hero member
Activity: 574
Merit: 500
cryptx have you considered advertising on reddit or some others major sites to promote your IPO ?
With Scryptx's IPO, must of us here don't have enough funds left.
my post on reddit got bashed and downvoted, im not a very good promoter though
newbie
Activity: 42
Merit: 0
cryptx have you considered advertising on reddit or some others major sites to promote your IPO ?
With Scryptx's IPO, must of us here don't have enough funds left.
hero member
Activity: 714
Merit: 500
Well prices are still considerably less than on cex.io and hosting charges are also lower.

However, we dont have the same number of ppl visiting havelock.

Sales might increase, once we take delivery of the equipment and set it up.
newbie
Activity: 37
Merit: 0
The IPO might have been a greater success had the price been set at or below market! Now it would be a mistake to adjust the price though...
newbie
Activity: 34
Merit: 0
Has anyone the time to summarize in a table the situation of peta before and after the IPO, to compare the news? IMO the situation is much more better now than before. btw the communcation needs some improvement, and many mistake have be done by cryptx (previsional calculation), and they could waste all the effort Made in the past.
Sorry for the message written from mobile phone.
full member
Activity: 226
Merit: 100
I think it is a stupid move to disallow trading of shares while they IPO the additional ones.

How am i supposed to sell my shares now if i want to?



OTC
full member
Activity: 226
Merit: 100
Well so far this IPO is a failure

well I think it's mainly because of Scryptx IPO... I would have bought Peta but I just bought for 6BTC of Scryptx can't buy for 2000usd worth of shares every week!!
hero member
Activity: 658
Merit: 500
Well so far this IPO is a failure
hero member
Activity: 595
Merit: 506
Although I have been a bit wary of recent posts, thinking about it PETA/cryptx has provided me with constant dividends and reports, I've been nothing but happy with their management.

Until they do anything wrong I have no reason to hate/leave.
member
Activity: 82
Merit: 10
200 shares sold the first day... This doesn't look good.
hero member
Activity: 714
Merit: 500
I think it is a stupid move to disallow trading of shares while they IPO the additional ones.

How am i supposed to sell my shares now if i want to?

sr. member
Activity: 392
Merit: 250
IMO Cryptx should have coincided the IPO with the addition of the new hash rate.  I'm guessing the shares would be selling better if the extra 1000TH were online.



we will have additional hardware online before the IPO ends

Just keep 0.0015 dividends and everything will go just fine. Smiley

only 2-3weeks of no dividend to endure

we are on target for >50% yield even if we skip 4 weeks

Way too optimistic.
Unless there are some big whales buying ipo, or we are not going to see dividends until July/August.
Even people follow this thread, not everyone knows this do good to investors.
But if we continue 0.0015 dividends until debt is clear, many small investors would like to buy some shares.
It's psychology. Because this move is good to the project, so we are able to pay the debt, dividends as usual is not a big deal.
Then people are willing to buy in ipo, making this ipo more successful. Not like now, selling only 200 shares in 24 hours.
And with a successful ipo, we should of course be able to pay dividends as usual.
It's a positive cycle. Smiley

you have been misinformed, cryptx has posted that it will take only 2 weeks to pay back the 1000btc loan with dividends + reinvestments
and that means we will be at 84/16 on week 3,

there is no need to try and manipulate psychology,
people have been waiting for over 6 months from BFL for their cloud mining
i have been waiting for 5 months now for my Monarch 600Gh/s
full member
Activity: 133
Merit: 100
Well, I sold out half of my holdings (including my original capital) but I'm still half in. Let's hope that the we can get through this IPO ok- I didn't necessarily agree with the hastiness in which it was announced but I do wish for the best for the mine, and I still see it as one of the better avenues for crypto investment until proven otherwise. We've been through a few ups and down in the history of the mine and for now at least Cryptx has always come through. I have always enjoyed the generally 'non-corrosive' nature of this thread (aside from Bmine's occasional FUD etc) and the simple but pertinent updates, but the last week it's reflected the aspect of crypto that I don't like on both sides- lot's of emotional rants and a lack of clarity about what exactly is going on. I think that there's probably fault on both sides. I think that I'll try to stay away from this thread for now and see what official announcements may bring. I'm having a break in New Zealand for a week, so that should give me some good internet down-time Smiley
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