log☇︎
1012200+ entries in 0.735s
Bugpowder: Whoever gets their asics first though... that will be the big winner
assbot: BTC-MINING [1@1BTC] paid: 0.27012647 BTC. Last price: 0.921 BTC. Capital gain: -0.079 BTC. Total: 0.19112647 BTC. (19.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
knotwork_: or do they do like some pools and simply keep their merded mined coins to their own private purses?
Bugpowder: just do the math on the hash rate and their equipment and some expected future growth curves
knotwork_: its hard to believe they are serious if they don't even merged mine as they thus deliberately leave money on the table
agath: if done the right way, mining is very profitable. But all or almost all the mining companies are losing...
Bugpowder: with reward halving coming and difficulty ramping, people are realizing that there won't be that much in dividends coming out in a few months
rdponticelli: If nobody is mining, and we aren't financing mining, there's no bitcoin
copumpkin: so in a perverse sense, they mean more because of it
copumpkin: that doesn't mean people don't take them seriously though
agath: I think that most of the mining companies are good in configuring computers, but not at all to make a strategy / business plan.
rdponticelli: Well, it all depend how you look at them
Bugpowder: no it means the share price is falling to the expected future payout amount
knotwork_: If all mining assets lost money does that mean prfoably miners in general have all been losing money or just that mining assets are scams set up to scam investors but make profit for the actual miner offering the asset?
Bugpowder: people gettin' on the S.DICE train
Bugpowder: looks cool though! I don't have the desire to get my dick chopped off trading forex again though.
kakobrekla: i warn not to do it.
Bugpowder: Oh lord, some kids are gonna blow up their bitcoin account... http://bit4x.com Available leverages: 1:1, 2, 5, 10, 20, 25, 33, 50, 66, 75, 100, 125, 150, 200, 300, 400, 500, 1000
PsychoticBoy: lets see what happens after block cut and asics, then I will decide what to do with ABM
PsychoticBoy: I own 6 singles total 1 is owned by ABM
PsychoticBoy: most of them
PsychoticBoy: <usagi> LIke we have 210 shares of ABM. That's 21% of the company o_o << your my bigest share holdert
BTC-Mining: Mining bonds devalue too much
BTC-Mining: Hopefully if he switches to being a mining company, he'll stop losing so much.
BTC-Mining: They'd have to sell GPUs at a loss.
BTC-Mining: and for the few actual companies, they have GPU. Untransferable to FPGA/ASIC.
BTC-Mining: EskimoBob, probably because the mining companies have a large profit and sell fixed mhash/s bond. The bonds lose value and so do the investors, but the company does not.
assbot: BMF [1@0.5BTC] (since: 2012-08-05) paid: 0.07135279 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.0286472 BTC. (-5.7%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.2BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.08498899 BTC. (-42.5%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
PsychoticBoy: but I thought you said mining companies droped 50% but if you had bought ABM in June you had paid .22 and then with a sale at .45 you would gain 110%
assbot: ABM [1@0.25BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.14999999 BTC. Total: -0.13498899 BTC. (-54%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.35BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.24999999 BTC. Total: -0.23498899 BTC. (-67.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
PsychoticBoy: ok they dont read the forum then
PsychoticBoy: I f someone is stupid enough to buy
Enky: kako you there?
assbot: BMMO [1@0.14BTC] (since: 2012-08-05) paid: 0.01673604 BTC. Last price: 0.04 BTC. Capital gain: -0.1 BTC. Total: -0.08326396 BTC. (-59.5%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.B [1@1BTC] (since: 2012-08-05) paid: 0.16081227 BTC. Last price: 0.96999999 BTC. Capital gain: -0.03000001 BTC. Total: 0.13081226 BTC. (13.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.A [1@1BTC] (since: 2012-08-05) paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: DMC [1@0.45BTC] (since: 2012-08-05) paid: 0 BTC. Last price: 0.055 BTC. Capital gain: -0.395 BTC. Total: -0.395 BTC. (-87.8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
Diablo-D3: I have some work to do I think
assbot: DMC [1@1BTC] paid: 0.02635814 BTC. Last price: 0.055 BTC. Capital gain: -0.945 BTC. Total: -0.91864186 BTC. (-91.9%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@0.9BTC] (since: 2012-08-05) paid: 0.132775 BTC. Last price: 0.60499997 BTC. Capital gain: -0.29500003 BTC. Total: -0.16222503 BTC. (-18%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
Luceo: And most of the loss was on YARR (bought at 1.25, returned 1)
Luceo: I think I'm about 2% down on usagi-related shares, maybe less than that
assbot: YABMC [1@0.14BTC] (since: 2012-08-05) paid: 0.02337128 BTC. Last price: 0.07034002 BTC. Capital gain: -0.06965998 BTC. Total: -0.0462887 BTC. (-33.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.A [1@1BTC] paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: ABM [1@0.45BTC] (since: 2012-08-05) paid: 0.015011 BTC. Last price: 0.10000001 BTC. Capital gain: -0.34999999 BTC. Total: -0.33498899 BTC. (-74.4%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
Luceo: 5.7% is also pretty much exactly the movement in BTC isn't it?
assbot: BMF [1@0.5BTC] (since: 2012-08-05) paid: 0.07135279 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.0286472 BTC. (-5.7%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN [1@1BTC] paid: 0.08033233 BTC. Last price: 0.6 BTC. Capital gain: -0.4 BTC. Total: -0.31966767 BTC. (-32%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NYAN.C [1@1BTC] paid: 0.14927771 BTC. Last price: 0.25 BTC. Capital gain: -0.75 BTC. Total: -0.60072229 BTC. (-60.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: NASTY [1@0.8BTC] (since: 2012-08-05) paid: 0.01422903 BTC. Last price: 0.4539 BTC. Capital gain: -0.3461 BTC. Total: -0.33187097 BTC. (-41.5%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: BMF [1@1BTC] paid: 0.10922454 BTC. Last price: 0.40000001 BTC. Capital gain: -0.59999999 BTC. Total: -0.49077545 BTC. (-49.1%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: CPA [1@0.1BTC] paid: 0.00569688 BTC. Last price: 0.034 BTC. Capital gain: -0.066 BTC. Total: -0.06030312 BTC. (-60.3%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
BTC-Mining: If it wasn't for the dividends
assbot: NYAN.A [1@1BTC] paid: 0.09 BTC. Last price: 0.99 BTC. Capital gain: -0.01 BTC. Total: 0.08 BTC. (8%)
Bugpowder: usagi, what about the dividend payouts from gigamining during that time?
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1.5BTC] (since: 2012-06-01) paid: 0.32565895 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.56934108 BTC. (-38%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1.5BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.41382407 BTC. (-27.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
assbot: GIGAMINING [1@1BTC] paid: 0.48117596 BTC. Last price: 0.60499997 BTC. Capital gain: -0.39500003 BTC. Total: 0.08617593 BTC. (8.6%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
BTC-Mining: Hey, can't only blame the mining sector losing value. You got to trade and cut losses.
assbot: GIGAMINING [1@1.5BTC] (since: 2012-06-1) paid: 0.32565895 BTC. Last price: 0.60499997 BTC. Capital gain: -0.89500003 BTC. Total: -0.56934108 BTC. (-38%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).
Diablo-D3: that reminds me, I need to go poke yochdog
Diablo-D3: well, BTCMC will pay me 15 BTC today
Diablo-D3: how long are you going to be doing daily dividend
Diablo-D3: usagi: okay hows this
Diablo-D3: Bugpowder: bmf was a fund, now its turning into a mining company
Bugpowder: Why the fuck should mining companies care about the share price anyway? You got the BTC, you buy the gear, you mine, you pay the dividends.
Bugpowder: BUT Fed swapped them for treasuries. There is no Fed in bitcoin.
assbot: BMF [1@0.5BTC] (since: 2012-09-01) paid: 0.05279685 BTC. Last price: 0.40000001 BTC. Capital gain: -0.09999999 BTC. Total: -0.04720314 BTC. (-9.4%)
assbot: Requesting data from GLBSE (might take a while, also might return fishy results as it does not account for splits etc).