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Topic: Mining Bonds, Stocks For People Who Can't Do Basic Maths. - page 2. (Read 4456 times)

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Shit , did you understand what means by about? please go back and study with this basic English.

I'll just leave this here.

.b
sr. member
Activity: 378
Merit: 250
Again ,this liar...

You still have not offered even a shred of evidence, except you reading an article of mine, that would indicate, much less prove, that I have lied to you.

.b

Shit , did you understand what means by about? please go back and study with this basic English.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Again ,this liar...

You still have not offered even a shred of evidence, except you reading an article of mine, that would indicate, much less prove, that I have lied to you.

.b
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
I used to have 440 PAJKA Contracts in total .... he continued use this minority amount of selling as a sample to convince I made huge loss...
anyone please check below

The answer is also important...as I hold about 500 contracts!

Uhm... You held 440 then 500? Or was it the other way around? Or was this just another 'math never lies' thing?

I used the extract from the quoted post to show that your claims about nobody selling higher than after you paniced is also a lie.

.b
sr. member
Activity: 378
Merit: 250
In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I was just going by what your CONTRACT says :

"The bond is backed by miners that have yet to be released. The scheduled release is September 2013."

It's now June.  September is 3 months away.  That's months.  If your contract states something then I'm perfectly entitled to quote it when discussing your contract.  Expecting an ASIC manufacturer to ship ahead of schedule flies in the face of all past experience.  The closest was Avalon who sent a couple of prototype machines on time and pretended that was shipping.

I think I mentioned this previously, but I don't want to overpromise by saying August. Metabank has said August, so I'm going to not promise anything more than that to account for possible delays.

You're right, though, and it could be even worse if the miner is delayed. That risk was, in my opinion, reduced considerably today when 100TH announced they would start rolling out next week.



.b

Again ,this liar is ask you to spend 20 times more to buy over his pre-order  , and if metabank delaying this order, He make profit on this 20x selling, if metabank delivery before September , then He can execute by his contract, start mining without giving dividend to those stupid people who bought his contracts.



Very very smart move !~~
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
I've already accounted for 100TH coming online in my numbers above, where I've expected a network hash rate of 250TH on August 1.

What's your source for ASICMINER, BFL and Avalon not shipping anything else before then?

And why, if your own figures suggest a jump to 250TH by August 1st are you then predicting that the rise will immediately drop to 10% per month?  Seems rather strange that you think there'll be a massive jump in July then everyone will stop shipping so your investors can do OK.

I suggested a jump to 250 TH by August to account for 100TH coming online sometime during July, possibly sooner. However, since 100TH does not grow, the growth of the network must be attributed to the remaining deployments and thus from around 150TH. A growth of 25TH per month is actually 16.6% of 150TH so the estimate is higher than the 10% it looks like.

.b

Edit: Bah, head isn't working. 25 of 150 is 16.6%
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I was just going by what your CONTRACT says :

"The bond is backed by miners that have yet to be released. The scheduled release is September 2013."

It's now June.  September is 3 months away.  That's months.  If your contract states something then I'm perfectly entitled to quote it when discussing your contract.  Expecting an ASIC manufacturer to ship ahead of schedule flies in the face of all past experience.  The closest was Avalon who sent a couple of prototype machines on time and pretended that was shipping.

I think I mentioned this previously, but I don't want to overpromise by saying August. Metabank has said August, so I'm going to not promise anything more than that to account for possible delays.

You're right, though, and it could be even worse if the miner is delayed. That risk was, in my opinion, reduced considerably today when 100TH announced they would start rolling out next week.

.b
sr. member
Activity: 378
Merit: 250
Are you sure? You made profit ?Since I sold my contracts , the price never above what I sold...

...and more lies.

2013-06-07 21:25:34   PAJKA.BOND   sell   16   0.06   0.00192   0.95808
2013-06-07 21:25:33   PAJKA.BOND   sell   4   0.0605   0.000484   0.241516
2013-06-07 21:25:32   PAJKA.BOND   sell   4   0.061   0.000488   0.243512
2013-06-07 21:25:31   PAJKA.BOND   sell   15   0.07   0.0021   1.0479
2013-06-07 21:25:29   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
...
and so on...

Of course, since then, the price has been above this point several times, so yeah, it would be pretty easy to earn money off your stupidity.

You are victim of PMBs, but you realize that then you issuing other PMB , is that you trying to cover what you loss on PAJKA by issuing this PMB?

Very Smart move, but I will try my best to prevent innocent people hurt by your defect PMB.

Victim? I'm not a victim here, except of your blatant lies and libelous slander.

.b


+1. according to today DMS.MINING price ,that 1 M/hash is worth 0.003 BTC. Furuknap , you are issued asset at 0.004 and mining a month later, and you call this not a cheating ?

And you sell's your future order for 20x than now...you really think people are stupid Huh?

I really hope that BTCT.CO could do something to stop that...
Below is my transaction of selling PAJKA bond. I only sold a little amount of my contracts at what this liar stated above.

I used to have 440 PAJKA Contracts in total .... he continued use this minority amount of selling as a sample to convince I made huge loss...
anyone please check below

[2013-06-07 21:25:34   PAJKA.BOND   sell   16   0.06   0.00192   0.95808
2013-06-07 21:25:33   PAJKA.BOND   sell   4   0.0605   0.000484   0.241516
2013-06-07 21:25:32   PAJKA.BOND   sell   4   0.061   0.000488   0.243512
2013-06-07 21:25:31   PAJKA.BOND   sell   15   0.07   0.0021   1.0479
2013-06-07 21:25:29   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
2013-06-07 21:25:25   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
2013-06-07 21:25:23   PAJKA.BOND   sell   3   0.0721   0.0004326   0.2158674
2013-06-07 21:25:22   PAJKA.BOND   sell   10   0.073   0.00146   0.72854
2013-06-07 21:25:22   PAJKA.BOND   sell   6   0.073001   0.00087601   0.43712998
2013-06-07 21:00:38   PAJKA.BOND   sell   1   0.089631   0.00017926   0.08945173
2013-06-06 21:19:23   PAJKA.BOND   sell   10   0.095   0.0019   0.9481
2013-06-06 21:19:21   PAJKA.BOND   sell   8   0.095   0.00152   0.75848
2013-06-06 11:48:31   PAJKA.BOND   sell   10   0.101   0.00202   1.00798
2013-06-06 06:55:26   PAJKA.BOND   sell   1   0.101   0.000202   0.100798
2013-06-06 04:52:51   PAJKA.BOND   sell   25   0.099   0.00495   2.47005
2013-06-06 04:52:49   PAJKA.BOND   sell   10   0.0991   0.001982   0.989018
2013-06-06 04:52:48   PAJKA.BOND   sell   1   0.099101   0.0001982   0.09890279
2013-06-05 22:38:36   PAJKA.BOND   sell   1   0.106001   0.000212   0.10578899
2013-06-05 18:06:01   PAJKA.BOND   sell   1   0.10897   0.00021794   0.10875206
2013-06-05 04:56:28   PAJKA.BOND   sell   5   0.10897   0.0010897   0.5437603
2013-06-05 01:41:59   PAJKA.BOND   sell   26   0.10897   0.00566644   2.82755356
2013-06-04 00:11:39   PAJKA.BOND   sell   10   0.099   0.00198   0.98802
2013-06-04 00:11:37   PAJKA.BOND   sell   20   0.099   0.00396   1.97604
2013-06-04 00:11:34   PAJKA.BOND   sell   2   0.0991   0.0003964   0.1978036
2013-06-03 23:29:36   PAJKA.BOND   sell   1   0.109498   0.00021899   0.109279
2013-06-03 22:45:04   PAJKA.BOND   buy   2   0.109499   0.00043799   0.21943599
2013-06-03 21:25:22   PAJKA.BOND   sell   100   0.102   0.0204   10.1796
2013-06-03 21:25:14   PAJKA.BOND   sell   21   0.102001   0.00428404   2.13773695
2013-06-03 21:25:09   PAJKA.BOND   sell   5   0.1035   0.001035   0.516465
2013-06-03 21:25:05   PAJKA.BOND   sell   25   0.105   0.00525   2.61975
2013-06-03 21:25:01   PAJKA.BOND   sell   1   0.105   0.00021   0.10479
2013-06-03 21:24:56   PAJKA.BOND   sell   1   0.105   0.00021   0.10479
2013-06-03 21:10:22   PAJKA.BOND   sell   13   0.1084   0.0028184   1.4063816
2013-06-03 21:10:19   PAJKA.BOND   sell   10   0.1086   0.002172   1.083828
2013-06-03 21:10:18   PAJKA.BOND   sell   4   0.10861   0.00086888   0.43357112
2013-06-03 21:09:42   PAJKA.BOND   sell   9   0.1087   0.0019566   0.9763434
2013-06-03 21:03:39   PAJKA.BOND   sell   21   0.109   0.004578   2.284422
2013-06-03 21:03:35   PAJKA.BOND   sell   9   0.109   0.001962   0.979038
2013-06-03 19:50:47   PAJKA.BOND   sell   40   0.1098   0.008784   4.383216
2013-06-03 19:45:05   PAJKA.BOND   sell   1   0.1098   0.0002196   0.1095804

As you see above , I made all sell at average about 0.094 ~~does PAJKA BOND anytime above this Huh?

Please stop lie to people ,and try to cheating their money!!! God will punish you, of course , you will delete what I posted here , because I am ruin your plan to cheating people !

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Are you sure? You made profit ?Since I sold my contracts , the price never above what I sold...

...and more lies.

2013-06-07 21:25:34   PAJKA.BOND   sell   16   0.06   0.00192   0.95808
2013-06-07 21:25:33   PAJKA.BOND   sell   4   0.0605   0.000484   0.241516
2013-06-07 21:25:32   PAJKA.BOND   sell   4   0.061   0.000488   0.243512
2013-06-07 21:25:31   PAJKA.BOND   sell   15   0.07   0.0021   1.0479
2013-06-07 21:25:29   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
...
and so on...

Of course, since then, the price has been above this point several times, so yeah, it would be pretty easy to earn money off your stupidity.

You are victim of PMBs, but you realize that then you issuing other PMB , is that you trying to cover what you loss on PAJKA by issuing this PMB?

Very Smart move, but I will try my best to prevent innocent people hurt by your defect PMB.

Victim? I'm not a victim here, except of your blatant lies and libelous slander.

.b
sr. member
Activity: 378
Merit: 250
You wrote a article trying to convince me what is PMB, and ask me do not worry about PAJKA bond and explain balabla benefit of holding it..

So, your evidence of me lying is that you read an article I wrote, an article that first of all states:

Quote
Disclaimer: I’m getting a bit tired of saying this, but please do not take this as financial advice. Do your own research, make sure you understand what you are buying, the risks and rewards involved, and the factors that affect market pricing.

...and that is a lie? What part of that is a lie?

Here's the simple truth: You got pissed off that the issuer of PAJKA didn't want to give you more money by increasing dividends. I tried explaining this to you, at which point you threw a fit and sold all your holdings, driving the price down to 0.6. I bought a lot of those shares and later sold at a higher price.

I also sold you some of the shares you initially bought when you had no clue about what you were doing.

In short, you're pissed at me becuase I earned money off you being a blithering idiot with your investments. Now you have a personal vendetta in which you post blatant lies about me. It's easily refuted, though, because your claims need backing and you aren't able to provide that.

.b

Are you sure? You made profit ?Since I sold my contracts , the price never above what I sold... The only thing you can confirm you earns money from me is that you can sold it above what your purchased from me ...as long as I see, you are not ...the price is around 0.5, you are loss half of your fund..

You are victim of PMBs, but you realize that then you issuing other PMB , is that you trying to cover what you loss on PAJKA by issuing this PMB?

Very Smart move, but I will try my best to prevent innocent people hurt by your defect PMB.
sr. member
Activity: 378
Merit: 250
You wrote a article trying to convince me what is PMB, and ask me do not worry about PAJKA bond and explain balabla benefit of holding it..

So, your evidence of me lying is that you read an article I wrote, an article that first of all states:

Quote
Disclaimer: I’m getting a bit tired of saying this, but please do not take this as financial advice. Do your own research, make sure you understand what you are buying, the risks and rewards involved, and the factors that affect market pricing.

...and that is a lie? What part of that is a lie?

Here's the simple truth: You got pissed off that the issuer of PAJKA didn't want to give you more money by increasing dividends. I tried explaining this to you, at which point you threw a fit and sold all your holdings, driving the price down to 0.6. I bought a lot of those shares and later sold at a higher price.

I also sold you some of the shares you initially bought when you had no clue about what you were doing.

In short, you're pissed at me becuase I earned money off you being a blithering idiot with your investments. Now you have a personal vendetta in which you post blatant lies about me. It's easily refuted, though, because your claims need backing and you aren't able to provide that.

.b

 Even a single BTC going to your account will be absolute lose its value ..of course ,once contracts got approved on BTCT.CO , I sure that there will be some naive newbies buying it...What I am doing is trying to smaller this number of newbies become hurt by your contract.

Any less BTC going to you pocket will be a victory of what I did today .
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
You wrote a article trying to convince me what is PMB, and ask me do not worry about PAJKA bond and explain balabla benefit of holding it..

So, your evidence of me lying is that you read an article I wrote, an article that first of all states:

Quote
Disclaimer: I’m getting a bit tired of saying this, but please do not take this as financial advice. Do your own research, make sure you understand what you are buying, the risks and rewards involved, and the factors that affect market pricing.

...and that is a lie? What part of that is a lie?

Here's the simple truth: You got pissed off that the issuer of PAJKA didn't want to give you more money by increasing dividends. I tried explaining this to you, at which point you threw a fit and sold all your holdings, driving the price down to 0.6. I bought a lot of those shares and later sold at a higher price.

I also sold you some of the shares you initially bought when you had no clue about what you were doing.

In short, you're pissed at me becuase I earned money off you being a blithering idiot with your investments. Now you have a personal vendetta in which you post blatant lies about me. It's easily refuted, though, because your claims need backing and you aren't able to provide that.

.b
sr. member
Activity: 378
Merit: 250
.b

You lied to me, then now you start a big project? you want to cheat entire BTC community by issuing you own PMBs?Huh

I'm sure you would like to offer evidence about where I lied.

.b

You ask me to hold PAJKA bond, which I did not listen to you .

Look back the one month trend of PAJKA bond, just a perfect evidence to proving you are a liar.



Uhm.. I'm not sure how that constitues evidence. Where, exactly (feel free to post the link) did I ask you to hold PAJKA?

.b

You wrote a article trying to convince me what is PMB, and ask me do not worry about PAJKA bond and explain balabla benefit of holding it..

I just a liar , people can find out the story by last month price trend of PAJKA bonds, and needless to refer back what you say before , because I am too lazy to doing it ...

The story is more than essay to understand by anything, if I listen to you , I lose half of my fund now..
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
.b

You lied to me, then now you start a big project? you want to cheat entire BTC community by issuing you own PMBs?Huh

I'm sure you would like to offer evidence about where I lied.

.b

You ask me to hold PAJKA bond, which I did not listen to you .

Look back the one month trend of PAJKA bond, just a perfect evidence to proving you are a liar.



Uhm.. I'm not sure how that constitues evidence. Where, exactly (feel free to post the link) did I ask you to hold PAJKA?

.b
sr. member
Activity: 378
Merit: 250
.b

You lied to me, then now you start a big project? you want to cheat entire BTC community by issuing you own PMBs?Huh

I'm sure you would like to offer evidence about where I lied.

.b

You ask me to hold PAJKA bond, which I did not listen to you .

Look back the one month trend of PAJKA bond, just a perfect evidence to proving you are a liar.

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
.b

You lied to me, then now you start a big project? you want to cheat entire BTC community by issuing you own PMBs?Huh

I'm sure you would like to offer evidence about where I lied.

.b
hero member
Activity: 532
Merit: 500
I've already accounted for 100TH coming online in my numbers above, where I've expected a network hash rate of 250TH on August 1.

What's your source for ASICMINER, BFL and Avalon not shipping anything else before then?

And why, if your own figures suggest a jump to 250TH by August 1st are you then predicting that the rise will immediately drop to 10% per month?  Seems rather strange that you think there'll be a massive jump in July then everyone will stop shipping so your investors can do OK.
hero member
Activity: 532
Merit: 500
In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I was just going by what your CONTRACT says :

"The bond is backed by miners that have yet to be released. The scheduled release is September 2013."

It's now June.  September is 3 months away.  That's months.  If your contract states something then I'm perfectly entitled to quote it when discussing your contract.  Expecting an ASIC manufacturer to ship ahead of schedule flies in the face of all past experience.  The closest was Avalon who sent a couple of prototype machines on time and pretended that was shipping.
sr. member
Activity: 378
Merit: 250
I'm in the process of IPOing a new mining contract at 0,004, which I believe is fairly priced. With a 10% monthly increase, that contract will return its IPO value in a year and over three years (with 10%/mnth growth) return 147% for a total of around 16% per year. If difficulty 'just' rose for one year and then flattened out, the return would be around 243% or just under 50% per year.

The problem with that is this:

1.  Rises in difficuly early on have a much larger impact than ones later.
2.  Your bond doesn't start mining for months - i.e. AFTER the most important rises.
3.  10% rise per month (NOT per change) seems rather unlikely - given the rise when your miner and others from same manufacturer wil ship will far exceed that just on its own.

Your bond pays 20% extra for first 6 months after starting, supposedly to make up for not mining already.  But a 20% bonus for 6 months in the future is at best 1.25 months at current difficulty IF difficulty didn't rise at all.  As you can't mine without difficulty rising (as your miner can't even exist without increasing difficluty) that means it's actually far worse than 1.25 bonus at current difficulty.  So if comparing yours to ones already mining investors need to be aware that even with the bonus it represents significantly less payout than 1 MH/S mining already.

None of which says it'll never make a profit - it just looks exceedingly unlikely to do so in the sort of time-frames you quoted.

Mining is marginally profitable - any markup of more than 10-25% on cost of hardware is rarely going to make a profit (often selling at cost will make a loss).

Your math is fine - your assumptions aren't.  With avalons arriving, their chips due soon, BFL starting to ship, ASICMINER aorund and (if yours is ever to do anything) KNC (or whatever they're called) also shipping expecting rises of only 10% per month (i.e. under 5% per change) in the short-term is pure fantasy.  And that's without the scammier other manufacturers where one or more might turn out to be real.

The only thing that would separate my bond from any other mining investment would be item 2 on this list. 100TH announced that they will start rolling out next week, and those are the exact same chips I'm using. 'Not mining for months' may be true still, but it is more likely that Metabank manages to deliver in August when the exact same chips start mining in July.

In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I've already accounted for 100TH coming online in my numbers above, where I've expected a network hash rate of 250TH on August 1.

Finally, my asset doesn't pay 20% bonus, it pays any excess after expenses. Because we don't know the final specs, but it seems a common patterns that devices like these can be safely overclocked around 10% or perform naturally above specs, that bonus may be higher. If 10% above spec is the result, the bonus may be 50% higher than anticipated.

.b

You lied to me, then now you start a big project? you want to cheat entire BTC community by issuing you own PMBs?Huh

This good, people with right mind will cursed you ,you will going to hell....
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
I'm in the process of IPOing a new mining contract at 0,004, which I believe is fairly priced. With a 10% monthly increase, that contract will return its IPO value in a year and over three years (with 10%/mnth growth) return 147% for a total of around 16% per year. If difficulty 'just' rose for one year and then flattened out, the return would be around 243% or just under 50% per year.

The problem with that is this:

1.  Rises in difficuly early on have a much larger impact than ones later.
2.  Your bond doesn't start mining for months - i.e. AFTER the most important rises.
3.  10% rise per month (NOT per change) seems rather unlikely - given the rise when your miner and others from same manufacturer wil ship will far exceed that just on its own.

Your bond pays 20% extra for first 6 months after starting, supposedly to make up for not mining already.  But a 20% bonus for 6 months in the future is at best 1.25 months at current difficulty IF difficulty didn't rise at all.  As you can't mine without difficulty rising (as your miner can't even exist without increasing difficluty) that means it's actually far worse than 1.25 bonus at current difficulty.  So if comparing yours to ones already mining investors need to be aware that even with the bonus it represents significantly less payout than 1 MH/S mining already.

None of which says it'll never make a profit - it just looks exceedingly unlikely to do so in the sort of time-frames you quoted.

Mining is marginally profitable - any markup of more than 10-25% on cost of hardware is rarely going to make a profit (often selling at cost will make a loss).

Your math is fine - your assumptions aren't.  With avalons arriving, their chips due soon, BFL starting to ship, ASICMINER aorund and (if yours is ever to do anything) KNC (or whatever they're called) also shipping expecting rises of only 10% per month (i.e. under 5% per change) in the short-term is pure fantasy.  And that's without the scammier other manufacturers where one or more might turn out to be real.

The only thing that would separate my bond from any other mining investment would be item 2 on this list. 100TH announced that they will start rolling out next week, and those are the exact same chips I'm using. 'Not mining for months' may be true still, but it is more likely that Metabank manages to deliver in August when the exact same chips start mining in July.

In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I've already accounted for 100TH coming online in my numbers above, where I've expected a network hash rate of 250TH on August 1.

Finally, my asset doesn't pay 20% bonus, it pays any excess after expenses. Because we don't know the final specs, but it seems a common patterns that devices like these can be safely overclocked around 10% or perform naturally above specs, that bonus may be higher. If 10% above spec is the result, the bonus may be 50% higher than anticipated.

.b
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