Something to remember: In the Bitcoin world, numbers and graphs are not the only variables, you also have to add the ''Surprises'' ''FUD'' ''Miracles'' variables in as well.
Of course, on paper, right now, today, according to ''numbers and graphs'' anyone can safely assume that ''IN 6 MONTHS THE SKY WILL FALL'' but the truth is, no-one knows what tomorrow has in store.. may that be a miracle share pump or a miracle chip sale, or a surprise competitor's death or a surprise reversal of hashing power etc etc.
No one knows.
Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 69. (Read 565829 times)
... This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).
Lol, you'd be right at home @Active Mining. The cheerleaders insisted that kSlaughter didn't post due to all the "FUD." Of course, all the "FUD" turned out to be fact, and Active Miners lost ~99.8% of their "investment."
AFA "best mining investment out there"?
If the best mining investment is terrible because maths, consider ...not investing in this terrible "best mining investment."
Aside from day trading bitcoin to capital gain, (at this point in time) mining at home is too difficult, anything past break even gives little to nothing in capital gain (not to mention a lot of maintenance). At least with PETA, expansion continues from reinvestment and when/if your done mining and reached your goals by taking out your capital and what ever percent (you wish to remove) in capital gain allows (you the investor) room for more goal setting (personal reinvestment). Also, miners (in general) are necessary for the bitcoin development and value expansion. Investing in mining helps to give value to bitcoin and keep the block chain going. The ultimate goal of any bitcoin investment is to aquire more bitcoin to hold and/or reinvest to ROI big when the value of bitcoin spikes, is it not?
Do you know any other 'current' bitcoin investments like PETA, that give good sized ROI without active trading?
Looks like I bought in at a good time eh... 
the best mining investment out there (to my knowledge).
You could be absolutely right that it is the best mining investment out there. That doesn't make it a good one however.
But I'm going to keep quiet as of now, people should draw their own conclusions. Time will tell what the final outcome will be, if it's going to be a great success, I'll be the first to admit I was wrong.
Good luck everybody
... This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).
Lol, you'd be right at home @Active Mining. The cheerleaders insisted that kSlaughter didn't post due to all the "FUD." Of course, all the "FUD" turned out to be fact, and Active Miners lost ~99.8% of their "investment."
AFA "best mining investment out there"?
If the best mining investment is terrible because maths, consider ...not investing in this terrible "best mining investment."
You know, we as a community here and investors of PETA should really start some positive, logical speculations. This spreading of FUD is ultimately what lead cryptx to stop posting in this forum, and many others. Also, some newbies to this investment/investing in general are probably panic selling... so gg to those spreading FUD in peta. Did you reach your trade goals yet? ... Anyway, as I said before PETA 'is' and 'still remains' (even with all the negitive variables that hit the teams plans for the mine) the best mining investment out there (to my knowledge).
^
Ofc, dividend yield column is very deceiving, because it's calculated ONLY on the LAST paid dividend.
Ofc, dividend yield column is very deceiving, because it's calculated ONLY on the LAST paid dividend.
My point exactly. It comes clear to me that many here do not understand the type of investment market they entered, nor have set goals. This is not your typical stock market investment. Many variables effect your ROI(s).
^
Ofc, dividend yield column on havelock is very deceiving, because it's calculated ONLY on the LAST paid dividend.
http://www.investopedia.com/terms/a/average-annual-yield.asp
'backward-looking measurement'
Ofc, dividend yield column on havelock is very deceiving, because it's calculated ONLY on the LAST paid dividend.
http://www.investopedia.com/terms/a/average-annual-yield.asp
'backward-looking measurement'
But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...
0.00168724 * 52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
I don't believe this is correct the dividend variable (0.00168724) increases/decreases... it's not finite. Truth be told, the yield is not accurate for this investment. Could be more could be less at the end of the year.
But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...
0.00168724 * 52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
Edit: I see your point, you are talking 138% profit 'over' your initial investment. What I did show you is a 38% profit 'over' initial investment.
But 'annual yield' is just dividends received expressed as a percentage based on the investment.
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.
But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.
0.00168724 *52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...
Depends what your goals are, if you want to ROI on btc then your at the mercy of peta mine, it's dividend return, and it's share market. If you want to ROI in fiat then your at the mercy of not only peta mine, it's dividend return, and it's share market, but also the bitcoin market (it's volatile value).
Now, of course If your goal is fiat ROI then even though you do less ROI in BTC you may have a large ROI in Fiat for holding BTC and selling at the right time. Mind you it could be just vice versa for ROI in fiat. .... Now, If your goals are both... then take up smoking, drinking and shove a horse shoe up your ass.
... Or become a real damn good day trader.
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.
But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.
0.00168724 *52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
But if you sold one year later for less then you paid, you wouldn't have made a 138% profit, that's how I see it...
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.
But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.
0.00168724 *52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
Correct
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.
But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.
0.00168724 *52 = 0.08773648
0.08773648 / 0.06325322 = 1.3871 = 138.71%
Indeed, the yield is hard to predict in a bitcoin mining company. Could be much less then presently or much more, depending on many factors.
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
I you buy the share NOW, collect every week the dividend of 0.0017 and sell after 12 months your share for the price you paid NOW, you'll get a yield of 138.71%.
But you have to be able to sell for the same price as you bought and the dividend has to stay the same. Both are highly unlikely.
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
(last weekly dividend) * 52 / (price of last trade)0.00168724 *52 / 0.06325322 = 1.3871 = 138.71%
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
It's calculated based on the last dividend return and share price investment, is it not?
Question: How is the Annual yield calculated ? How do we get the ''138.71%'' ?
@runam0k
Before selling my shares I did make a post here.
I said the following to Puppet:
I actually was trying to tell that Puppet probably was a troll and that his reference to rockminer ASICS didn't make any sense, since they were not as power efficient as the equipment used by peta-mine. So I was on the same bandwagon as you.
But it kept nagging me that Puppet his numbers made sense, so I began re-reading almost the entire thread from when the last IPO was announced, I also made some calculations, with the mindset that it could be profitable, but the more I read and the more calculations I made, the more I realized I just made a big mistake.
So before I praised the peta-mine into the sky, I wanted to be sure that I wouldn't look a fool afterwards. That's why I didn't had time to post in this thread.
Not sure what the Wall-Observer thread has anything meaningfull to do with this thread, because all I did in there was trolling the troll fonzie.
I do have to admit that I like warning people now, because hey... I've got to have some pleasure for my lost 1.65BTC.
Before selling my shares I did make a post here.
I said the following to Puppet:
Quote
Whose puppet are you?
Those rockminer toys do seem to be generating more heat than bitcoins...
Those rockminer toys do seem to be generating more heat than bitcoins...
I actually was trying to tell that Puppet probably was a troll and that his reference to rockminer ASICS didn't make any sense, since they were not as power efficient as the equipment used by peta-mine. So I was on the same bandwagon as you.
But it kept nagging me that Puppet his numbers made sense, so I began re-reading almost the entire thread from when the last IPO was announced, I also made some calculations, with the mindset that it could be profitable, but the more I read and the more calculations I made, the more I realized I just made a big mistake.
So before I praised the peta-mine into the sky, I wanted to be sure that I wouldn't look a fool afterwards. That's why I didn't had time to post in this thread.
Not sure what the Wall-Observer thread has anything meaningfull to do with this thread, because all I did in there was trolling the troll fonzie.
I do have to admit that I like warning people now, because hey... I've got to have some pleasure for my lost 1.65BTC.
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