*Bitcoin chart is quite dissimilar...
Topic: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX - page 19. (Read 64194 times)
Just edited the post.
*Bitcoin chart is quite dissimilar...
*Bitcoin chart is quite dissimilar...
Lol, neither are you.
That's against dollar, bitcoin chart is quite similar...
Lol, neither are you.
USD/LTC
BTC/LTC
USD/LTC
BTC/LTC
To be fair, this is a recent event (the decoupling) and in any event we should be mining whatever scrypt coins are most profitable.
The graph in my last post is BTC/LTC price, starting in March (6-hour candles). At no point does LTC price rise relative to BTC.
Here's the same scale, LTC/USD:
https://bitcoinwisdom.com/markets/btce/ltcusd
Don't really keep track of other coins, but if there are some that maintain parity with BTC, their value would plummet as soon as the new ASICs start mining them.
ASIC manufacturers and commercial mines would like to take this opportunity to thank you for your support.
@TheSmackDown: Don't know, but asking people not to sell isn't how the market works.
You're not showing the whole picture...
To be fair, this is a recent event (the decoupling) and in any event we should be mining whatever scrypt coins are most profitable.
The graph in my last post is BTC/LTC price, starting in March (6-hour candles). At no point does LTC price rise relative to BTC.
Here's the same scale, LTC/USD:
https://bitcoinwisdom.com/markets/btce/ltcusd
Don't really keep track of other coins, but if there are some that maintain parity with BTC, their value would plummet as soon as the new ASICs start mining them.
ASIC manufacturers and commercial mines would like to take this opportunity to thank you for your support.
@TheSmackDown: Don't know, but asking people not to sell isn't how the market works.
and whoever likes selling 150 shares at a serious loss - fucking stop it - if everyone set sell orders high, then bids will hv to match at some point.
or am i totally stupid?
or am i totally stupid?
To be fair, this is a recent event (the decoupling) and in any event we should be mining whatever scrypt coins are most profitable.
i want to know where the hashrate is being directed, its not on wemineltc.com
To be fair, this is a recent event (the decoupling) and in any event we should be mining whatever scrypt coins are most profitable.
damn right and crypt x should not be asking share holders how to invest, thats suppossed to be their job or expertise.
shit comms and shit share price, really annoying, i was better leaving myself open on bitstamp to get hacked than this BS.
the share price should hv been buffered as one guy suggested and the most profitable coin each week should be mined until LTC recovers.
End of day I thought I was investing with experts and I guess they are better off saying little as they can and letting the mine progress and prove itself.
crypt x if u listening, sort this shit out, you did good on PETA mine and main issue here is LTC/BTC ratio. Fucking LTC, you supposed to go to $50.
To be fair, this is a recent event (the decoupling) and in any event we should be mining whatever scrypt coins are most profitable.
There's nothing to destroy, you're already trading at less than half the issue price. The facts above simply provide one of the reasons why.
If you feel that a random Anon from the intertubes can destroy this project, perhaps investing in it isn't the smartest thing to do?
If you feel that a random Anon from the intertubes can destroy this project, perhaps investing in it isn't the smartest thing to do?
Litecoin is experiencing its biggest price slump ever.
"The advent of powerful scrypt ASIC miners has raised additional concerns in the litecoin community. The first scrypt ASICs are now starting to appear and the biggest names in the industry are set to join the fray."
Factoid above and the chart below combine to question the wisdom of investing BTC in Litecoin mining.
http://i1.ytimg.com/vi/T2BNmn8TYdE/hqdefault.jpg
BTC/LTC
http://s16.postimg.org/4k60s0yud/Capture.jpg
"The advent of powerful scrypt ASIC miners has raised additional concerns in the litecoin community. The first scrypt ASICs are now starting to appear and the biggest names in the industry are set to join the fray."
Factoid above and the chart below combine to question the wisdom of investing BTC in Litecoin mining.
http://i1.ytimg.com/vi/T2BNmn8TYdE/hqdefault.jpg
BTC/LTC
http://s16.postimg.org/4k60s0yud/Capture.jpg
so your here to destroy this project as well??
Litecoin is experiencing its biggest price slump ever.
"The advent of powerful scrypt ASIC miners has raised additional concerns in the litecoin community. The first scrypt ASICs are now starting to appear and the biggest names in the industry are set to join the fray."
Factoid above and the chart below combine to question the wisdom of investing BTC in Litecoin mining.
BTC/LTC
"The advent of powerful scrypt ASIC miners has raised additional concerns in the litecoin community. The first scrypt ASICs are now starting to appear and the biggest names in the industry are set to join the fray."
Factoid above and the chart below combine to question the wisdom of investing BTC in Litecoin mining.
BTC/LTC
The ~2500 shares wall at 0.032 disappeared!
(I take it as good news)
(I take it as good news)
there was no mention of a buy out. Either this or let's wait for another buying opportunity.
This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
3 reasons as to how in my opinion:This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
1.) Ridiculously high hosting/admin fee's
2.) The fact that cryptx doesn't have ability to make their own chips and boards
3.) Ridiculously inadequate communication with shareholders
Thats BS, sorry too many say BS. I am not correct all the time. BUT, cryptx are best having a proper deal with the chip maker, getting the fastest chips and boards cheap. They can then make their won custom machines and add new chips as needed. That means each company specialises at what their good at, rather than biting more than they can chew.
I just dont understand how many many people sell at such a loss. I am waiting for the project to develop so I can get a good retrurn or my money back at least.
Bee atch.
What a twat-waffle!
I only disagree with the chip making part - why would cryptx want the expense of something they do not currently excell in??. All else has pissed me off like losing my share value. Not a happy man.
Still own a few shares of both scryptx and cryptx but really loss my arse on his sha project. Still hoping to see cryptx pull something outta the hat but honestly I don't see what incentive he could possibly have for doing so...oh yeah..how about long term viability.
Insofar as your disagreeing with my chip making comment...you are absolutely right...they shouldn't try embarking on something like this themselves...what they should do is take a couple hundred of the what thousands of bitcoins they've raised between scryptx and cryptx ipo's and hire an appropriate team in-house to develop said chips. imho there is 0 chance of any mining asset ever really attaining true profitability at this point without in-house chip development. Most successful mining IPO I've ever personally witnessed was AsicMiner. Now even they are seriously struggling because of all the talented competition they now face.
yeah i just got the email and the update too. unit price still sucks.
From Cryptx:
Dear unit holders.
These are the results of the survey. 36% of all unit holders have cast their vote:
- Yes, Scrypt-X should buy these miners – 77%
- No, Scrypt-X should not buy these miners – 23%
The result is clear that a large majority of unit holders who cast their vote prefers to use the reinvestment funds for this opportunity. The 12 Scrypt miners will be directed to our pool starting now.
This means that Scrypt-X has about 4 GH/s of hashing power from now on.
Dear unit holders.
These are the results of the survey. 36% of all unit holders have cast their vote:
- Yes, Scrypt-X should buy these miners – 77%
- No, Scrypt-X should not buy these miners – 23%
The result is clear that a large majority of unit holders who cast their vote prefers to use the reinvestment funds for this opportunity. The 12 Scrypt miners will be directed to our pool starting now.
This means that Scrypt-X has about 4 GH/s of hashing power from now on.
there was no mention of a buy out. Either this or let's wait for another buying opportunity.
This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
3 reasons as to how in my opinion:This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
1.) Ridiculously high hosting/admin fee's
2.) The fact that cryptx doesn't have ability to make their own chips and boards
3.) Ridiculously inadequate communication with shareholders
Thats BS, sorry too many say BS. I am not correct all the time. BUT, cryptx are best having a proper deal with the chip maker, getting the fastest chips and boards cheap. They can then make their won custom machines and add new chips as needed. That means each company specialises at what their good at, rather than biting more than they can chew.
I just dont understand how many many people sell at such a loss. I am waiting for the project to develop so I can get a good retrurn or my money back at least.
Bee atch.
What a twat-waffle!
I only disagree with the chip making part - why would cryptx want the expense of something they do not currently excell in??. All else has pissed me off like losing my share value. Not a happy man.
Anyone know result of the vote?
All needs be done is whats best for profitability.
All needs be done is whats best for profitability.
Vote and deployment if vote was yes. Cryptx said today!
(I don't expect him to post here... but an email or an update on Havelock... at least...)
there was no mention of a buy out. Either this or let's wait for another buying opportunity.
This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
3 reasons as to how in my opinion:This was the deal.
At current prices, 30btc gives you ~10% of this project.
Good time to buy cheap, but it will be impossible to sell shares if the value doesn't go back up.
40% loss? when? how?
why???
1.) Ridiculously high hosting/admin fee's
2.) The fact that cryptx doesn't have ability to make their own chips and boards
3.) Ridiculously inadequate communication with shareholders
Thats BS, sorry too many say BS. I am not correct all the time. BUT, cryptx are best having a proper deal with the chip maker, getting the fastest chips and boards cheap. They can then make their won custom machines and add new chips as needed. That means each company specialises at what their good at, rather than biting more than they can chew.
I just dont understand how many many people sell at such a loss. I am waiting for the project to develop so I can get a good retrurn or my money back at least.
Bee atch.
What a twat-waffle!
Anyone know result of the vote?
All needs be done is whats best for profitability.
All needs be done is whats best for profitability.
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