Author

Topic: Securities for non mining related company? (Read 1091 times)

thy
hero member
Activity: 685
Merit: 500
July 25, 2014, 08:15:18 PM
#8
99% of the companies on Havelock and Cryptostocks are based on mining. Most of which pay out a decent rate when compared to cex.io or similar cloud mining sites.

The problem with this is if bitcoin should crash down to say $100ish (gasp) dividends going forward will be worth 1/6 of what it would be today. This is especially important for those who are reinvesting.

If a company were paying dividends on earnings of a store, app, etc those earnings would be in dollar's, euro's, Pound's or whatever major currency then converted to bitcoin for payment x times per month. No matter what the price of bitcoin be it $100, $600, or $10,000. Where as if a mining company pays dividends it will always be worth x percent of BTC1. Does that make sense?

The only companies I've been able to find fitting this criteria are Unitely and Nitepass on cryptostocks. Which unfortunately both are a bit sketchy since I was unable to find the Nitepass app and Unitely's app didn't have any reviews. If they were actually generating $1,500-4,000 in revenue as claimed wouldn't you expect at least one person to rate the app over the last 4 months? Not to mention the suspiciousness of both companies being practically the exact same concept and located in the same province. Add in all the bad rep about cryptostocks owner. Just doesn't appear to be a good investment.

So, other than the above two is anyone offering securities/bonds/shares in a non mining or even non bitcoin based company?

There is not near 99% of the stocks that is miningstocks, but most of them is closely related to the BTCprice your correct in that. But there is some serious stocks out there thats not entierly dependent on the Bitcoinprice,  DEPT - Coin Dept Collection, stock number 128 on cryptostocks for example is collecting depts both linked to BTC and USD and you also have DEBTBOND1 - DEBTBond1 Coin Debt Collection (DEBT), project 141 on cryptostocks from the same issuer thats not related to mining either.

member
Activity: 109
Merit: 10
Bleating sense into the world
Take a look at MPEx (unfortunately down right now for system maintenance), (back up again, now at mpex.ws) I don't think any of the assets listed there are mining related.
legendary
Activity: 1526
Merit: 1000
If you are going to invest your bitcoins you really should do it in a company that can generate bitcoins. Generating cash is probably better than anything having to do with mining, but unless that company can cash at a better rate than the price of bitcoin, it's a bad investment because you would be passing up on a better/easier investment (holding the coins) to make it.
full member
Activity: 138
Merit: 100
There's Rental Starter (RENT) on Havelock.  Buying, rehabbing, and renting out houses.  Not an endorsement, and (like everything else on Havelock) trading below IPO, but you can't get much less Bitcoin-related.

Can't say much about Cryptostocks, I think everyone using it assumes the listings are some alloy of scam/ponzi, and treats it as a game.
hero member
Activity: 826
Merit: 1000
99% of the companies on Havelock and Cryptostocks are based on mining. Most of which pay out a decent rate when compared to cex.io or similar cloud mining sites.

The problem with this is if bitcoin should crash down to say $100ish (gasp) dividends going forward will be worth 1/6 of what it would be today. This is especially important for those who are reinvesting.

If a company were paying dividends on earnings of a store, app, etc those earnings would be in dollar's, euro's, Pound's or whatever major currency then converted to bitcoin for payment x times per month. No matter what the price of bitcoin be it $100, $600, or $10,000. Where as if a mining company pays dividends it will always be worth x percent of BTC1. Does that make sense?

The only companies I've been able to find fitting this criteria are Unitely and Nitepass on cryptostocks. Which unfortunately both are a bit sketchy since I was unable to find the Nitepass app and Unitely's app didn't have any reviews. If they were actually generating $1,500-4,000 in revenue as claimed wouldn't you expect at least one person to rate the app over the last 4 months? Not to mention the suspiciousness of both companies being practically the exact same concept and located in the same province. Add in all the bad rep about cryptostocks owner. Just doesn't appear to be a good investment.

So, other than the above two is anyone offering securities/bonds/shares in a non mining or even non bitcoin based company?



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