After this step, am I still allowed to be a little pissed?
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 132. (Read 565833 times)
indeed. my mistake. i trusted something and got what i deserved. lesson learned. i hope my friends have a different vision on this project and will not blame me.
After this step, am I still allowed to be a little pissed?
After this step, am I still allowed to be a little pissed?
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
Still don't like the way you introduced important changes to Prospectus (without motion). Hard to say but confidence was shaken.
Also, timing (sequence, info) of recent developments was, to put it mildly, not perfect. One speculates or not but I understand and sympathize with those feeling 'outmaneuvered'.
I have invested almost all my possibilities into Peta and was a hard believer and propagator to many other friends to jump on this ship. When scryptx was announced, I disinvest from Peta and moved there.
I hope my connections will not blame me, but I feel I betrayed their trust as much as I feel betrayed here by Cryptx. I proposed a couple of weeks ago to increase reinvestment rate to move from the (almost) 500ths. No word.
I proposed to use reinvestment funds to buy shares and so increase ths per share. Downvoted.
You purchased from a big shareholder directly while us common people have to deal with the horrible performance of havelick platform that goes down every now and them and lacks basic functionalities. It would be nice to be in the position of understanding WHY?
Why why why.
Why didn't you announced your intentions?
Why you helped a (big) shareholder to sell his shares out of the exchange?
How much did you pay him?
Why he was the chosen one and you didn't simply asked us directly?
Why you decided to stop paying dividends to reinvest? And why you didn't care to check if we agreed?
Why you purchased shares and then issue another ipo? are you crazy? You want to ipo sell shares you purchased from a shareholder. at a higher price. Is he your best buddy or you owned him something?
Bitmine or any other problem was your to manage. This is why we paid you IN ADVANCE by purchasing ipo. You promised us increased dividends thanks to lower fees (scryptx) and immediately after you halt dividends.
I hope all of this happened without evil intention and I hope you can learn the big mistake you did here. I also hope it will be a lesson for the future and you will understand how the lack of right communication in the spirit of transparency, completely fucked some of your shareholders trust.
I'm still here on this (and on the scryptx) forum until I can disinvest from there and get away from all of this. It is a sad decision but I'm better off somewhere else.
I really hope your project will be successful and than your marketing campaign will bring the right fresh new blood you need. But hell I'm out.
(by the way, I personally asked you in a private message if rumors on bitmine where true and if you had a plan B. You didn't even answered. How can I still trust you and your (not ours, YOUR) operation?)
you have ways to contact me if interested.
To all the other really cool people on this thread, sorry for this tl;dr. It is my rant. It was a genuine pleasure to excange ideas and discussions. I hope our net trails will cross again in the future. I wish you all good luck. Please don't be influenced by my words. Do as you feel (like if I had to tell this to you
peace!
That was your mistake, you pushed an investment on friends/family. That is something you NEVER EVER DO. If things go wrong your the one they blame. Most people can't separate the friend suggesting an investment and the people behind said investment.
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
Still don't like the way you introduced important changes to Prospectus (without motion). Hard to say but confidence was shaken.
Also, timing (sequence, info) of recent developments was, to put it mildly, not perfect. One speculates or not but I understand and sympathize with those feeling 'outmaneuvered'.
I have invested almost all my possibilities into Peta and was a hard believer and propagator to many other friends to jump on this ship. When scryptx was announced, I disinvest from Peta and moved there.
I hope my connections will not blame me, but I feel I betrayed their trust as much as I feel betrayed here by Cryptx. I proposed a couple of weeks ago to increase reinvestment rate to move from the (almost) 500ths. No word.
I proposed to use reinvestment funds to buy shares and so increase ths per share. Downvoted.
You purchased from a big shareholder directly while us common people have to deal with the horrible performance of havelick platform that goes down every now and them and lacks basic functionalities. It would be nice to be in the position of understanding WHY?
Why why why.
Why didn't you announced your intentions?
Why you helped a (big) shareholder to sell his shares out of the exchange?
How much did you pay him?
Why he was the chosen one and you didn't simply asked us directly?
Why you decided to stop paying dividends to reinvest? And why you didn't care to check if we agreed?
Why you purchased shares and then issue another ipo? are you crazy? You want to ipo sell shares you purchased from a shareholder. at a higher price. Is he your best buddy or you owned him something?
Bitmine or any other problem was your to manage. This is why we paid you IN ADVANCE by purchasing ipo. You promised us increased dividends thanks to lower fees (scryptx) and immediately after you halt dividends.
I hope all of this happened without evil intention and I hope you can learn the big mistake you did here. I also hope it will be a lesson for the future and you will understand how the lack of right communication in the spirit of transparency, completely fucked some of your shareholders trust.
I'm still here on this (and on the scryptx) forum until I can disinvest from there and get away from all of this. It is a sad decision but I'm better off somewhere else.
I really hope your project will be successful and than your marketing campaign will bring the right fresh new blood you need. But hell I'm out.
(by the way, I personally asked you in a private message if rumors on bitmine where true and if you had a plan B. You didn't even answered. How can I still trust you and your (not ours, YOUR) operation?)
you have ways to contact me if interested.
To all the other really cool people on this thread, sorry for this tl;dr. It is my rant. It was a genuine pleasure to excange ideas and discussions. I hope our net trails will cross again in the future. I wish you all good luck. Please don't be influenced by my words. Do as you feel (like if I had to tell this to you
peace!
anyone comparing PETA shares to actual miners is missing the point of PETA.
and if you look around at what other fixed hardware cloud mining contracts are offering, none of them offer perpetually increasing hashrate or anywhere near the price PETA offers.
and if you look around at what other fixed hardware cloud mining contracts are offering, none of them offer perpetually increasing hashrate or anywhere near the price PETA offers.
We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to [email protected]
Let’s work together to take this to the next level!
Let’s work together to take this to the next level!
Done. Running through my network now.
To those complaining that they ask for help in promotion, reason your statement out please. I'm more than happy to increase the value of my investment by promoting the project. Helping out means everybody wins.
PETA wins because of bigger IPO sales
Investors win because it is an amazing investment
You win because a bigger PETA means a bigger value for your investment
Keep rocking it CryptX
The PETA-MINE update on Havelock mentions that dividends will "be restored" after the IPO ends but i'm having a hard time finding out where it says the date the IPO ends. Is it when all the 'new shares' are sold or an established date?
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
Still don't like the way you introduced important changes to Prospectus (without motion). Hard to say but confidence was shaken.
Also, timing (sequence, info) of recent developments was, to put it mildly, not perfect. One speculates or not but I understand and sympathize with those feeling 'outmaneuvered'.
This spreadsheet is showing a simple increase of 6 PH per period, which is unconscionable. The calculations should take into account at least a 15% increase per period.
So instead of 6,000 TH being added to network every 10 days, you propose a perpetual 15% every 10 days
so for example
start @ 76,000 TH
10 days later 87,400 TH
10 days later 100,509 TH,
10 days later 115,586 TH
10 days later 132,924 TH
10 days later 152,862 TH
10 days later 175,791 TH
10 days later 202,159 TH
(2 months passed)
and so on and so forth till sometime in not so distant future we'll be in exahashes adding god knows how many PH daily?
This is the same argument I have been making. Very few seem to understand how even 10% is not sustainable over the long term.
I am confident we have hit the wall with 28nm. I don't see any 25%+ difficulty increases in our future until the next gen.
Guess what? Bitfury BF3500 operates 0.78 Watts/GH at 55nm nodes. Which means all 28nm rigs we see right now have a great room for improvement. And that's why difficulty will continue to increase at 15% for a while. Admit that current chip designs are bad designs, and we don't need 14nm or further to improve the mining efficiency, just redesign the chip and all be fine.
Ok, I will try one more time to make it clear what I am talking about. While the improvement in power efficiency is a very good thing, what really matters is the hashing speed.
Right now the network is +- 80phs, this takes into account the next diff jump.
After this next jump to increase another 15% we need 12phs to come online. Thats 3428 of these exalted bf3500s.
Then we have a hashrate of 92phs and need 13.8phs to keep up 15%, etc. Are you following me? This can only keep up for so long before it has to slowdown, its a mathematical certainty, we see it everywhere we choose to look. In stocks for example it takes less pressure to double a stock from 50$ to 100$ than it does to move it from 500$ to 1000$.
As for the chips, I didn't say we needed 22,20,14, etc to improve efficiency, I said we need those to being mass produced by several companies to get back to the massive jumps in difficulty. Do you know how "easy" it is to redesign a chip? Its not. Its not a simple task designing one from scratch, so to say they just need to be redesigned seems a bit naive on your part.
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
I'm a long term (small) investor and i believe in you project !
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
There are two types of unit holders, investors and speculators. We welcome every one of them but our decisions are made in the interest of the long term value of the project.
We are trying to boost the project here, so every unit holder will make more money. The better the PetaMine is performing, the more unit holders will reap the benefits of that.
We are investing up to 1,000 BTC of our own money in this IPO to make it a success.
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on! We are preparing a marketing campaign right now.
We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to [email protected]
Let’s work together to take this to the next level!
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
mike I love to watch your sentiment swings...
don't get me wrong, I understand to an extent, especially considering the recent implementations of change of strategy. But as a self proclaimed day trader, it's hard to believe your positive rants are without agenda
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on! We are preparing a marketing campaign right now.
We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to [email protected]
Let’s work together to take this to the next level!
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
+1
I've changed my signature ! 
Thanks! This is the spirit we like to see!
I've changed my signature !
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on! We are preparing a marketing campaign right now.
We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to [email protected]
Let’s work together to take this to the next level!
Jesus Christ. You want other people to help you make money? CryptX, just a quick question, I'm not going to give your game away just yet, but I'm gonna pick at it a while, if this is such a good investment opportunity, why don't you buy or own any shares yourself?
can someone help me clarify perchance?...
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
Could someone clarify the dividends to invest after IPO fields?
That's how much of our dividends will go to pay the new hardware, if all units are sold hardware is paid for, if only 10k units are sold we will not see dividends for a few weeks until 1007 bitcoins are generated in dividends so the hardware can be paid for.
OK, I read that post but the simplest way of explaining it (and it should be in the table in the prospectus) is that the numbers represent an amount of BTC.
edit - I skimmed that post I should say, yes it's clear what it says, but it could be said even simpler
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
You are spot on! We are preparing a marketing campaign right now.
We want to emphasize to the public our unique way of cloudhashing and all the advantages over traditional cloudhashing contracts. We would like to appeal to all our unit holders and sympathizers to help us by this. We launch a call to send us all your ideas on this to [email protected]
Let’s work together to take this to the next level!
can someone help me clarify perchance?...
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
Could someone clarify the dividends to invest after IPO fields?
That's how much of our dividends will go to pay the new hardware, if all units are sold hardware is paid for, if only 10k units are sold we will not see dividends for a few weeks until 1007 bitcoins are generated in dividends so the hardware can be paid for.
can someone help me clarify perchance?...
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
"dividends to invest after IPO" in the prospectus, what are those units? weeks?
I don't think the 33K "new" shares will sell without new buyers. Right now, anyone can buy PETA units for .091-.093 which are the same as the units that will be selling for .095-.1 in a few days. It looks like roughly 1400 shares have sold in the past 18 hours.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
SCRYPT-X was partly a success because enthusiastic PETA investors diversified into it, but in this case, existing PETA holders who can buy more shares now at .091 aren't going to be buying them in a few days at .095. Anyone paying attention here on the forums likewise has the same opportunity, and I imagine that accounts for most of the Havelock userbase.
So who is going to buy them? It looks like the market is just too shallow, and we are going to go a few weeks without dividends. I still think we are in a great position, and it may only be a short time before we are back with massive dividends.
New users are the only way to sell those units, though. I think cryptx knows this, and thus the website redesign and subtle repositioning as "cloud-mining" seem to point to the notion of a marketing push. There are a lot of people in the broader bitcoin community who aren't here on the forums, and we'll need to reach them somehow: stories, posts, ads.
Yeah, this is also my concern with the situation. I feel as though the market depth has perhaps been over-estimated. I don't like second IPO's- buy back's on their own are ok, because it immediately adds value per share, but IPO's are always a risk as to fair pricing. I'm not saying that the price isn't fair, but I don't know if the buyer base is large enough to absorb the new shares.
Regarding those people taking issue with the situation because they unwound positions in Peta to invest in Scrypt- I do get where you are coming from in your frustrations, but at the same time that's always going to be a risky move in expecting the market to stay still. I personally kept my shares in Peta, and used other funds to take a smaller position in Srypt- and I'm happy about that position for the long term. I think (and I think that this view way shared by others) that Peta has been relatively under-priced for a while, and I fully expected some lift-off in share price in the nearer term, be it from growing market sentiment/dividends, or in the IPO situation that has occurred.
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