Only if you plan to sell shares before the mine even starts mining.
Im counting on divs, 23% already paid back.
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 247. (Read 565897 times)
Right, btc-tc, then cryptostocks, and now havelock.
Yes, there was a split - 1:10, when moved to cryptostocks.
On havelock, CryptX tried to sell remaining shares with new IPO, at the price of 0.05 (0.065 minus allready paid dividend of 0.015 per share).
I dont see it as a loss (yet) - so far we received 23% in dividends, and the mine isnt even operating yet.
Given that it is the early investors who are selling their shares for less than they originally paid, it's not like they were tricked into selling for less. If they want to take the loss, that's up to them.
Wait, this abomination has been on 3 exchanges already?
BTC-TC, Cryptostocks, now Havelock.
And it's still in IPO phase?
And the remaning shares are sold at 0.05 (with many already selling under it), while I can see the last price on BTC-TC was 0.41? WTF.
Please someone tell me I'm mistaken
edit: first page states IPO started at 0.065. Was there a split? In any case, another sore loss for early investors.
BTC-TC, Cryptostocks, now Havelock.
And it's still in IPO phase?
And the remaning shares are sold at 0.05 (with many already selling under it), while I can see the last price on BTC-TC was 0.41? WTF.
Please someone tell me I'm mistaken
edit: first page states IPO started at 0.065. Was there a split? In any case, another sore loss for early investors.
BTC-TC closed, so it was necessary to move. Then, investors preferred Havelock over Cryptostocks, so it moved again.
Unless I'm mistaken, IPO phase closes today?
The original 10,000 shares were split into 100,000 shares. We all received 10x the shares we had before, which means we still have the same percentage of total shares...how is this a loss?
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Ummm, bitcoin is worth more now so maybe the price has accounted for the deflation. The question is if owning the stock will return more bitcoin than you invested.
That is the question. The answer, at least as far as any stock on Havelock is concerned, is a resounding "Don't be absurd. Every stock on Havelock has either tanked or bled out.
No exceptions.
This one has already sunk below IPO."
So regardless of whether bitcoin has appreciated or depreciated, you will have less of it by "investing" than you would by keeping it in your wallet.
the stock should make a net profit of 0.094BTC/share (considering the value of the stock will be priced at 0 in a year) in a year
This
Amazing company.
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Ummm, bitcoin is worth more now so maybe the price has accounted for the deflation. The question is if owning the stock will return more bitcoin than you invested.
That is the question. The answer, at least as far as any stock on Havelock is concerned, is a resounding "Don't be absurd. Every stock on Havelock has either tanked or bled out.
No exceptions.
This one has already sunk below IPO."
So regardless of whether bitcoin has appreciated or depreciated, you will have less of it by "investing" than you would by keeping it in your wallet.
the stock should make a net profit of 0.094BTC/share (considering the value of the stock will be priced at 0 in a year) in a year
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Ummm, bitcoin is worth more now so maybe the price has accounted for the deflation. The question is if owning the stock will return more bitcoin than you invested.
That is the question. The answer, at least as far as any stock on Havelock is concerned, is a resounding "Don't be absurd. Every stock on Havelock has either tanked or bled out.
No exceptions.
This one has already sunk below IPO."
So regardless of whether bitcoin has appreciated or depreciated, you will have less of it by "investing" than you would by keeping it in your wallet.
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
go for it.
it used to ipo for .065 and under worse return expectation than now(before 1GH/s now 2.4GH/s)
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Ummm, bitcoin is worth more now so maybe the price has accounted for the deflation. The question is if owning the stock will return more bitcoin than you invested.
stocks are priced in BTC
dividends are paid in BTC
think about it
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Ummm, bitcoin is worth more now so maybe the price has accounted for the deflation. The question is if owning the stock will return more bitcoin than you invested.
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Since *every* stock on Havelock is trading below IPO, including this one...
Trying to decide if I should buy more on Havelock... It's trading now. Any advice??
Just logged into my havelockinvestments account and noticed that all of my petamine shares transferred seemlessly over from cryptostocks! After having experienced BitFunder and WeExchange not to mention btco in their full glory, I have to say this went down silky smooth 
For example, if CryptX ultimately deploys the mine after mid January, 2014, an additional 30 TH/s of power will be added to the PETA-MINE completely free of charge to shareholders, and each share will be entitled to 2.88 GH/s of hash power. If the company starts deployment after mid February, 2014, it will add an additional 20% on top of the previous 20%. In that case, each share would be entitled to 3.45 GH/s of hash power.
We will deploy an extra 20% if the mining starts after mid January. Because the mine is now at 2.4 GH/s per share, we will deploy a minimum of ~33 TH/s extra. It all depends at the amount of shares sold at the moment of deployment.
We will deploy an extra 20% if the mining starts after mid January. Because the mine is now at 2.4 GH/s per share, we will deploy a minimum of ~33 TH/s extra. It all depends at the amount of shares sold at the moment of deployment.
So if you can't deliver, you'll deliver extra. Planning. This is not it.
How much late delivery compensation will Cointerra provide for not shipping until Feb?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
Theoretically they would compensate +44% H/s, but where have you heard such a date for batch 1? Bumpout for batch 1 is Dec 21 which means they are on schedule for a January ship out unless I've missed something. Any links to share about this Feb thing?
From our website: http://www.peta-mine.co/peta-mine/
PETA-MINE start of deployment is scheduled early January, 2014. The CryptX management team is well aware of the importance of timing the mine’s deployment. It is also aware of the very poor track record of meeting time schedules in the Bitcoin mining space and recognize that potential sources of such delays include chip failure, PCB failure, or chip delivery problems. CryptX will protect PETA-MINE shareholders against such delays by adding 20% additional hash power for each 30 days the company exceeds its target deployment date.
For example, if CryptX ultimately deploys the mine after mid January, 2014, an additional 30 TH/s of power will be added to the PETA-MINE completely free of charge to shareholders, and each share will be entitled to 2.88 GH/s of hash power. If the company starts deployment after mid February, 2014, it will add an additional 20% on top of the previous 20%. In that case, each share would be entitled to 3.45 GH/s of hash power.
We will deploy an extra 20% if the mining starts after mid January. Because the mine is now at 2.4 GH/s per share, we will deploy a minimum of ~33 TH/s extra. It all depends at the amount of shares sold at the moment of deployment.
Whats planned for Feb and March?
240 TH isn't a whole lot for Jan plus if KNC decides to delivery early, say Feb or March your screwed.
240 TH isn't a whole lot for Jan plus if KNC decides to delivery early, say Feb or March your screwed.
240 TH/s will be deployed when all 100,000 shares are sold. Otherwise it will be 2.4 GH/s per share.
We have a contract to purchase an extra 100TH end January/early February.
Currently I have a Havelock account, but with a different email address than my address on Cryptostocks. I understand that as part of the migration process to Havelock, I need to create a new Havelock account with my same email address as Cryptostocks.
I'm having some issues with my email right now (unable to send or receive emails) and may not be able to set up a Havelock account with the same email address as my Cryptostocks account until I get my email fixed. This may take a few days. If I'm not able to get the new Havelock account set up by December 17 when the shares are supposed to be transferred, will Havelock keep trying to import my share once a day for the next week or two? I want to make sure I don't lose out on having my shares migrated because of this.
Thanks!
I'm having some issues with my email right now (unable to send or receive emails) and may not be able to set up a Havelock account with the same email address as my Cryptostocks account until I get my email fixed. This may take a few days. If I'm not able to get the new Havelock account set up by December 17 when the shares are supposed to be transferred, will Havelock keep trying to import my share once a day for the next week or two? I want to make sure I don't lose out on having my shares migrated because of this.
Thanks!
There are no such links. Ignore him like many do.
+1 I didn't notice his 'ignore.'
There are no such links. Ignore him like many do.
How much late delivery compensation will Cointerra provide for not shipping until Feb?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
How will CryptX pay for the second Bitmine contract without Dec/Jan Cointerra dividends to reinvest?
Theoretically they would compensate +44% H/s, but where have you heard such a date for batch 1? Bumpout for batch 1 is Dec 21 which means they are on schedule for a January ship out unless I've missed something. Any links to share about this Feb thing?
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