Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 185. (Read 565837 times)

0,000638

With the recent increase of difficulty, the raise of the hosting fees (because of new hardwares), the dividends this week should be slightly lower than last week's dividends.

0.00077905 - I guess!

0.00061999

My dividend prediction:  0.0008 / share

http://www.peta-mine.co/petamine-will-deploy-700-ths-or-8-68-ghs-per-share/

People were talking on this forum about reaching 1-2%  of Bitcoin network. is this an actual PETA-mine plan or just a schizophrenic idea rolling in my head? I can not find any reference to this 1-2% on an actual PETA page...

Easy calculation of value:

BEST Case Speculation:

770 TH in April 25 = 770.000 * 0,008 BTC (FHA cex.io price) : BTC 6180 in Share BTC 0,072

+ 30 % TH from reinvestment (210 TH * 0,0025 BTC = 525 BTC)

980 TH in Mai 25 = 980.000 * 0,004 (FHM cex.io price) : BTC 3920 in Share BTC 0,048

So the share value remains attractive as it is the IPO price and shareholders profit from dividend  


GOOD Case Speculation:

500 TH in April 25 = BTC 4000 in Share BTC 0,05 and then in Mai around BTC 0,025


In any cases a BTC 0,05 price a share is a good investment.  

The funny thing is that is isn't even confirmed that bots did really go panic selling afterwards.

Yes, bots do go nuts. But not in a way that results in flash crashes. Bots panic selling assets is a good way to bankrupt your hft firm within a few microseconds, surely there are security measures in place to prevent that.

First, you jumping to insults undermines anything intelligent and worthwhile you have to say. If you can leave the insults behind and carry on a conversation devoid of the BS, I am happy to debate or discuss any topic you can think of, if I don't know it well I will educate myself, the more data the better.

Second, while you are correct about the shareprice possibly being bearish if and when peta is unable to keep up with difficulty, that day is not here yet as they have not fully deployed the 700ths, and week to week as long as they keep deploying hardware it is likely that the price will keep steady or possibly slightly climbing. You also can not discount the people who stated here that they will be holding longterm, I am one of those, and while my holdings aren't enough to make a large dent, its fewer shares that are on the open market.

Third, you are trying to apply the same trading techniques and mentality to this market as you would stocks or commodity futures.
You can't trade a penny stock the same way you would goog or ibm. The market cap isn't there, neither is the volume. Pennies as well as the virtual markets such as havelock or cryptostocks, are traded more on emotion rather than technical analysis.

I am glad you posted your resume here, I hope it helps you feel better about yourself, as for me, I know what I know and what I don't know, those who know more than I do on a particular subject can likely judge my knowledge and skill level based on my posts.
The authors I suggested you check out, they are who I started with. Weinsteins how to profit in bull and bear markets is the penultimate guide IMHO for those who are either looking into or are already into technical analysis based trading. However, as I have said before, the volume just isn't there to trade securities such as peta or asicminer with technical analysis, instead you have to do your DD and treat it as if you were an VC or angel investor and decide whether you think they have a solid business plan and a clear and attainable path to being profitable.

This entire thread is filled with posts giving a pretty thorough analysis of petas potential profit or potential lack of.
There is likely a decent amount of BTC on the sidelines waiting for peta to fully deploy, when this happens I would bet that we see a decent spike in the share price. Along with those like me that are and will continue to reinvest, taking the shares from those that were only in it for a quick profit.

Thats perfect, thank you!

It is not so much that bots are 'controlling the price' they are simply taking advantage of what is quite often a large difference between the highest price anyone is willing to pay (the bid) and the lowest price anyone is willing to sell at (the ask) the difference between which is known as the spread.
So for example if a stock has a bid of 1.00 and an ask of 1.07 then you could automate a bot to notice the width of that spread and place a bid at 1.01 and a sell at 1.06 this means the next market trade (at best price) would be yours. To make profit doing this, you need to balance the number of times you buy with the number of times you sell ie your not really trying to aquire or lose stock just trading the spread.

This used to be a manual 'battle' but as systems got faster only bots could keep up with fast moving prices and of course fighting other bots. When you get competing bots the price difference (spread) tends to shrink, so some people say this is good for market liquidity. Hope that helps

Lol, so it's YOUR bot i've had to mess with to get my PETA trades through at the price I want!

If you are looking to attribute blame you are mixing up cause and effect.

One fat finger does not a flash crash make if there are no bots ready to go completely nuts afterwards.

Boy you are so far off the mark with me I'm not sure where to begin, but it does typify your ignorance:

a) Do I know how the markets work? Well lets see, i've been personally trading for 30 years in pretty much all available instruments. I've been a software designer in futures trading for a major scandinavian bank, and a settlement systems designer for a major US brokerage. These days I'm involved in helping UK banks implement cloud infrastructure.

b) Why do I name call? I have a very low tolerance for ignorant people who try to lecture other people with misleading or plain incorrect facts.

c) Why do I think you are plain wrong? Suggesting the one week dividend cycle will engender different price behaviour to the more normal quarterly or annual cycle of corporations is bizaar at best. The value of the upcoming dividend WILL be discounted to share price when it's paid (ex div). Just like every stock in the world. Right now that dividend is NOT big enough to make a difference, but that behaviour WILL assert itself as the dividend grows.

d) Can the share price drop? Yes if course it can, already described how,you chose to ignore the point, so i'll make it again. The share price will drop if/when the market realises the asset base growth is not keeping pace with the Bitcoin difficulty growth! Because THAT is the basis for fundamental valuation of the project's shares (The future potential earnings + physical asset values) REGARDLESS OF DIVIDEND. Get it?

Am I the only one who finds this awesomely hilarious?
The bots used to trade NASDAQ,NYMEX, etc are on a whole other level from the baby bots used to trade btc, and virtual stocks. Same as the security in the btc arena is nothing compared to the firewalls and security used by wall street, et al.