Topic: ROI discussion from: Bitmain's Released Antminer S9 (Read 1269 times)
Thx. Hopefully fixed for you now.
Did you find it ?
Thx. Hopefully fixed for you now...
Maybe "the 3rd time's a charm"? 
Here's a charm fer ya ..............
Thx. Hopefully fixed for you now...
Maybe "the 3rd time's a charm"? 
I must be; I haven't put morons like you on ignore, yet.
...there also are the phrases NEGATIVE RETURN ON INVESTMENT and POSITIVE RETURN ON INVESTMENT...
That was my point from the initial comment. You can't have a "NEGATIVE RETURN ON INVESTMENT" in a world were "having ROI" means "what I now have is what I initially invested" (because you cant have both less than what you invested and what you invested).
You can, however have a "NEGATIVE RETURN ON INVESTMENT" in a world were "having ROI" means "I invested in something and got some return, but the return isn't as much as my initial investment".
The latter of those two worlds is the real world (and the former is the world that the morons that created the want for this thread to be spun off live in).
Genius gets his own thread & then leaves it!!!!!!!!!!!!! WTF??
We need moar genius bro!!!!!!!!!!!!!!
Perhaps, he just realized that there are far too many people that are just, simply, too damn thick to ever understand that any monies that one gets in return, on an investment, is ROI (because, feken English). We need moar genius bro!!!!!!!!!!!!!!
One is better than the other. People that assume that their capital investment never decayed (or depreciated in market value) are likely not calculated their ROI correctly.
It appears that most everyone understands that.
Genius gets his own thread & then leaves it!!!!!!!!!!!!! WTF??
We need moar genius bro!!!!!!!!!!!!!!
Perhaps, he just realized that there are far too many people that are just, simply, too damn thick to ever understand that any monies that one gets in return, on an investment, is ROI (because, feken English). We need moar genius bro!!!!!!!!!!!!!!
Genius gets his own thread & then leaves it!!!!!!!!!!!!! WTF??
We need moar genius bro!!!!!!!!!!!!!!
We need moar genius bro!!!!!!!!!!!!!!
Hey guys, offtopic. Want me to split this discussion off so you can continue or are we done here?
I do not think he will ever be done. Was tired of all his off topic attacks on new miners.
I am done, I think I have exposed him for the fool he is.
E fer effort dude!!! I see he's a twit
Course I knew that a few weeks ago when he tried that "argue till ya blue in the face" shit on me Ok fudge,the WHOLE thread got thrown over here LMAO!!! Way to go Genius!!!!
...[blibityblablabla]....
And what is this claimable depreciation rate (for a hobby miner) that you plucked from your delusional Land of Make-believe? You really are an ignorant cunt aren't you?
You look like a half retarded monkey when you make statements like this one.
Hey guys, offtopic. Want me to split this discussion off so you can continue or are we done here?
I do not think he will ever be done. Was tired of all his off topic attacks on new miners.
I am done, I think I have exposed him for the fool he is.
...[blibityblablabla]....
And you can point to this law that covers earning .006BTC or selling it for 15,000MZC? 
...[blibityblablabla]....
so you could depreciate over 3 years (1/3 per year)
...[blibityblablabla]....
And who gave you this 1099 for earning .006BTC or selling it for 15,000MZC? so you could depreciate over 3 years (1/3 per year)
...[blibityblablabla]....
And you can justify the 3 year term of a new product introduced 1 year ago, how?
Depreciation schedules are set by the treasury idiot, and have NOTHING to do when they are introduced.
Are you 15? Thought you had "an accountant" and were "told by the IRS".
People like you are the reason a lot of people left this forum.
...[blibityblablabla]....
so you could depreciate over 3 years (1/3 per year)
...[blibityblablabla]....
And who gave you this 1099 for earning .006BTC or selling it for 15,000MZC? so you could depreciate over 3 years (1/3 per year)
...[blibityblablabla]....
And you can justify the 3 year term of a new product introduced 1 year ago, how?
...[blibityblablabla]....
And what is this claimable depreciation rate (for a hobby miner) that you plucked from your delusional Land of Make-believe? Hobby? It is not a hobby when you are getting 1099s from the sale, it is reportable INCOME. so you could depreciate over 3 years (1/3 per year) and expense EVERY single cost you have (like cables, electricity, internet service, trips to the store to get supplies etc). EVERYTHING. Just like a business. Just because you are not a corporation or an LLC does not mean you cannot deduct your expenses.
If you have one or two in a garage and live with MOM, it is likely you do not have an income high enough to pay taxes and this will not change that.
...[blibityblablabla]....
And what is this claimable depreciation rate (for a hobby miner) that you plucked from your delusional Land of Make-believe? ...[blibityblablabla]....
Yay you, you managed to catch me in a semantic misstep while doing 14 things (one of which is earning revenue [and an income] from my S9s)! Do you feel like an adult now? Edit: For the record, Joe Schlockrock running 1 or 2 miners in his Mommy's garage has no reportable difference between income and revenue and no justifiable cause to depreciate a still running S9.
Sorry, I cannot let this go. You are spreading incorrect and stupid information to people. joe schlockrock DOES have difference between Revenue and Income even if he is running them in his mommy's garage. he should be taking REVENUE (the rewards he receives each month) and SUBTRACTING from that revenue his EXPENSES (if he steals the electricity from his mommy, he cannot expense it and that is stupid but he still would have other expenses the largest of which would be DEPRECIATION.
To think that "no justifiable cause to depreciate a still running S9" is INSANE. IF (and I mean IF) an accountant told you that, he is a fool and you should report him. You think a cab company does not depreciate the cars because they are still on the road?
WHAT???
That is insane. You know there is special depreciation available also to fully expense these in year 1? Even if you do not want to do that, you still could do 1/3 of the cost each year.
You are giving people very bad advice serving it with an attitude. Stop.
...you need to get the original investment back before you are getting a return on your investment....
Because it's moot and off-topic, I'll leave you to your misconceptions and trust the definition used by my accountants (and the IRS, to whom both they and I answer to when it comes to such topics) over random uneducated strangers on the interweb. Stop being a jerk off. If your day job is to blindlessly fanboi Bitmain, then do it in a professional manner.
You are speaking out your ass, and should shut up about things you know little about.
thank you
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