Topic: PB Mining -- 5 year mining contracts! - page 93. (Read 378920 times)

Who else? I don't think that many people will give them free advertising as they are just a few days old.

Must be the owner of that site.

-snip-

PBmining price is 0.0015/GHS if you see 0.0021 thats your browser issue - you have to refresh site (sometimes few times).

Thats PBmining investment stats (not mine):


If you show me something like this from www.cloudmining.website - maybe i will try..

Wczoraj ( 1 listopada) ruszyło www.cloudmining.website można kupić 1GHS za 0.0010    (piszą, że tylko przez jakiś czas..)

Minimum to 10GHS czyli 0.01. Kupiłem za 0.02 żeby potestować zobaczymy co z tego będzie..

Why is that every post you make contains the link to that site? Could you by any chance be the owner?

I'm facing the same problem. On the contrary, competition is now offering 0.001 BTC/GHS. Check www.cloudmining.website.

I AM HODLING
December 18, 2013, 10:03:03 AM
Reply with quote  #1
I type d that tyitle twice because I knew it was wrong the first time.  Still wrong.  w/e.  GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY.  It's because I'm a bad trader and I KNOW I'M A BAD TRADER.  Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.  Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what?  I'm not part of that group.  When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~!  Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT.  NO SHIT I SHOULD HAVE SOLD.  I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU.  You only sell in a bear market if you are a good day trader or an illusioned noob.  The people inbetween hold.  In a zero-sum game such as this, traders can only take your money if you sell.

so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)

https://bitcointalksearch.org/topic/i-am-hodling-375643

Hodl or hodling it a term that has stuck in the bitcoin community because of a user posting a thread with a spelling mistake during the December 2013 crash, i guess it brought some humor upon dark times and brought people together with humor.

Just as Beauty is in the eye of the behodler i would say humor is the same.

edit: maybe it was one of those you had to be here/there at the time....

Still doesnt make sense to me, I try to be on the "serious threads" im afraid, but maybe you can explain the joke so we can laugh together  

Still doesnt make sense to me, I try to be on the "serious threads" im afraid, but maybe you can explain the joke so we can laugh together 

Noobs(edit for spelling) don't know the hold movement?

Google bitcoin hold or bitcoin hold meme

I was just playing devils advocate  An investment into BTC only ROI's if the full amount of BTC are returned, I don't hodl fiat but i do hodl bitcoins

Read my response to elasticband, I think it also answers your point :-)

I know not everybody sees that way - consider each investment per si - but that's how I stand.

Let me give you another example, without BTC:

You live in Europe and work with EUR.
You buy some stock in NYSE in USD.
The stock goes up by 10% over a year and, in the same time period, USD drops 12% in relation to EUR.

Was that stock a good investment? In terms of the stocks' valuation, it was a hell of an opportunity that paid out! 10% in a year is a very sweet deal.

Was the USD purchased to buy the stock a good investment? Hell, no. I lost 12% in a year.

If you do the math, you can see that the stock's valuation in EUR is, at the end of the period, just 92,21 % of the initial investment in EUR - I'm loosing a net worth of 7,79%. A pretty lousy deal, by any standards :-)

This little mockup shows exactly what you feel about PBmining: That it's risky.

However, it shouldn't take this much to understand that to make investments on something that can have daily fluctuations of over 5%, it's traded 24/7  and a steady decline of over 50% in 6 months ... is a very risky business!

So before the comment, I have to say that I totally agree with the concept that a Bitcoin is always a Bitcoin regardless of the current price, but now that you have been very organised on your calculations, why dont you include BTC/USD rates as well? I will be a lot more realistic and dont think you really "profit" taking this into account!

RD

Unfortunetly, that is the awful truth. I don't want even to remember how much those invested bitcoins cost me at the time. :-(
Also, take in consideration that I always reinvested all the payouts, so the total invested sum is higher than the actual BTC I had to invest.

So, let me be clear. The profit is in BTC. That's an old discussion here, and I always said the same: I see this as an investment in BTC. As such, it has paid out.

But in Fiat, no, it hasn't. And it will probably never will - not only is BTC/USD in decline, but I got my BTC in Euros - the drop is even more significant.

Rough estimate I would say I'm about 56% of breakeven in EUR ...

But hey, if BTC suddenly went up to 450 EUR (it's around 260 this weekend), I would be in profit

Again, for me, the investment is double:

PBmining is an investment in BTC. It pays, but considerably less and probably only worth for the first 12/18 months.

BTC itself is also an investment, in EUR. It's way off paying out ... but that's my fault. I could had joined the game when it was worth less than 100 EUR .. but I only got in when it was already down to 420 and dropping like a rock :-(

Cheers.

interesting, i guess the BTC are worth a lot less fiat than when you paid for the contracts.

Yes, it's an Excel spreadsheet But the calculations are fairly simple, if you look at the columns titles It's just simple math.

If your thinking about how I get the payouts and all other information from PB's site, then don't bother : It's all copy/paste
And I've been keeping these records since day one, so it wasn't hard to have them

No fancy stuff, no programming, no APIs, parsing algorithms and whatnot. Just plain old copy/paste from one browser window to an Excel one

How do you calculate this? Exel?