Depends which investors you are talking about, the ones who bought in at IPO/higher, or the ones who bought in at 10% of IPO?
I am talking about IPO investors, or as I would say "most investors". Obviously, I'm going to get stories of people pretending they bought and sold at all the right times. The simple truth is that the initial capital will never be paid back to investors.Anyway, 10% of IPO is still way too high for current hashrate for any chance of profit.
From what I can tell, he has a 0.2% of the network currently, if he could hold that (which I kind of doubt) it would be about 2620.8Btc/year or 0.00026208 per share per year. In order for shares to be worth
Yeah. I'm pretty sure he originally said he'd be at 50TH/s by now. I think most recently he said he'd be at 10Th/s by tommorow. If IPO investors are going to make a profit in a year of dividends he'd need to maintain 1% of the network, or about 21Th/s at the current rate.
There's also a real question about how much he'll be able to increase hashrate before running out of money. I seriously doubt he's at the $2/gh level they initially announced at this point. We can see the issues he's been having with hashrate lately, but beyond that we have no idea what's going on with the remaining funds. No one is going to value this stock based on a year of expected performance for now, so he'll have to grow his share of the network consistently for months before there's any chance of the price recovering (IMO)
Why can't they be at $2/gh? once everything is designed which it seems it is, manufacturing costs aren't going to change. I think once they hit 10TH and 20TH people will start to pile in. at 20TH having 1% of the network is no joke. Especially buying shares at these retarded prices.
I thought you were convinced it was a scam?
Maybe their initial plan with badly packaged chips only cost $2/gh, but I'm guessing they've spent far more then that for what they currently have.
will short up to 10 bitcoins worth