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[ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
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Author Topic: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  (Read 201831 times)

Pilot

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #620 on: December 11, 2014, 10:40:20 pm »

I suggest to only reinvest (also new purchases) toward the gen2 asic

How is that possible without diluting the current shares in the pool?

How does it dilute the shares in the pool?

I think he means that dividends will decrease because of the lower payouts for gen2. But once gen2 goes live the revenues should make up for it.

What James said sounds reasonable.

Diluting the shares means each share is weaker. But, while the Gen2 shares won't produce what the gen1 shares produce they will increase the payouts still. And, starting Jan 1, when the Gen2 stuff kicks in, then the same shares will get a higher payout.

Anyway, if we are voting, I say only buy/pre-order Gen2 shares from this point on.
 
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wiser

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #621 on: December 12, 2014, 01:30:45 am »

I don't know enough about this to make a good decision. I would defer to what James advises in this case. Like every investor here, I want maximum profit for maximum amount of time.

Question: If pf starts buying 2nd gen asics from here on out, we still own the 1st gen asics he's bought so far, correct? Those don't suddenly magically turn into gen 2 asics, right? So... investing in 2nd gen asics from here on out would basically be diversifying, wouldn't it? I think that's generally considered a good thing.
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lihuajkl

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #622 on: December 12, 2014, 03:53:18 am »

I don't know enough about this to make a good decision. I would defer to what James advises in this case. Like every investor here, I want maximum profit for maximum amount of time.

Question: If pf starts buying 2nd gen asics from here on out, we still own the 1st gen asics he's bought so far, correct? Those don't suddenly magically turn into gen 2 asics, right? So... investing in 2nd gen asics from here on out would basically be diversifying, wouldn't it? I think that's generally considered a good thing.
Absolutely! Buying 2nd gen asics adds to the existing portfolio of  1st gen asics. We can call diversify our investment at some extent. But not really, they are nearly the same cloud mining contract from the same mining farm. We carry the same level of risk. The difference is that they are adopting different algorithm (2nd generation ASIC is equivalent to Neoscrypt algorithm, Scrypt algorithm and X11 algorithm).
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wiser

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #623 on: December 12, 2014, 04:57:32 am »

I don't know enough about this to make a good decision. I would defer to what James advises in this case. Like every investor here, I want maximum profit for maximum amount of time.

Question: If pf starts buying 2nd gen asics from here on out, we still own the 1st gen asics he's bought so far, correct? Those don't suddenly magically turn into gen 2 asics, right? So... investing in 2nd gen asics from here on out would basically be diversifying, wouldn't it? I think that's generally considered a good thing.
Absolutely! Buying 2nd gen asics adds to the existing portfolio of  1st gen asics. We can call diversify our investment at some extent. But not really, they are nearly the same cloud mining contract from the same mining farm. We carry the same level of risk. The difference is that they are adopting different algorithm (2nd generation ASIC is equivalent to Neoscrypt algorithm, Scrypt algorithm and X11 algorithm).

Sounds like a good deal to me :)
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Ylluks

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #624 on: December 12, 2014, 07:38:33 am »

I'm not an expert in these things but, reading the last few pages I would opt. to just buy 2nd gen.

If we become the bigger customer we would get the better service as james said and might get not get back-orderd so to say.

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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #625 on: December 13, 2014, 01:27:46 am »

Waiting for this week's payout.
BTW, we are currently holding 160 2nd gen ASIC shares
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Djinou94

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #626 on: December 13, 2014, 02:03:42 am »

Waiting for this week's payout.
BTW, we are currently holding 160 2nd gen ASIC shares

 :o
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #627 on: December 13, 2014, 02:19:35 am »

29 GH gen 1 asics and 160 gen2 asics.
With the increased affiliate discount that lasts until the 15th I hope to get as many more gen2 asics as possible once the payout go out.
as soon as i receive the payout and send out dividends I will be reposting the sell order.
As a warning, the gen2 asics may have slightly less payout for 2-3 weeks until they are in stock but they promise to be greatly more profitable afterwards.  We also have 29 GH of gen1 asics backing us too. :)
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peterpanda

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By the way, this week's dividends were actually a bit lower than they should have been - there was an additional 1.4 GH that has already been paid for with LTCgear that did not have the orders complete in time for payouts.  Chris has stated that he will be completing those orders still and paying them out mid-week, so there will be a further mid-week dividend for that 1.4 GH

pf, do we have any updates on this?
We got the shares, but we didn't get the missed payout from them. Chris hasn't responded to my last email about this yet, I will email him about it again now.
how this thing going on?
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #629 on: December 13, 2014, 05:07:33 pm »

Hey
we got just short of a BTC as payout that was missed from last week.  It will be added to this week's dividends.
Just waiting on the payout from LTCgear.  It should be around 36 btc if my math is correct.
We will be moving towards scheduling payouts for a sunday (so that i can meet everyone's expectation consistantly as lately it is taking LTCgear nearly 24 hours to process all of the payouts)
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HouseOP

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By the way, this week's dividends were actually a bit lower than they should have been - there was an additional 1.4 GH that has already been paid for with LTCgear that did not have the orders complete in time for payouts.  Chris has stated that he will be completing those orders still and paying them out mid-week, so there will be a further mid-week dividend for that 1.4 GH

Hi pf. I hope you're not giving away my share from last week to new purchasers THIS week.

Hey we got just short of a BTC as payout that was missed from last week.  It will be added to this week's dividends.
Just waiting on the payout from LTCgear.  It should be around 36 btc if my math is correct.
We will be moving towards scheduling payouts for a sunday (so that i can meet everyone's expectation consistantly as lately it is taking LTCgear nearly 24 hours to process all of the payouts)
appreciate if I can receive my payout for last week transactions as I have since sold my holdings. Thanks in advance.

------ last weeks tx ----2194.9369203, NXT-EBWP-463Q-KPQF-HMNC3, 10076926807013757070
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bahamapascal

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #631 on: December 14, 2014, 01:22:46 am »

Hey
we got just short of a BTC as payout that was missed from last week.  It will be added to this week's dividends.
Just waiting on the payout from LTCgear.  It should be around 36 btc if my math is correct.
We will be moving towards scheduling payouts for a sunday (so that i can meet everyone's expectation consistantly as lately it is taking LTCgear nearly 24 hours to process all of the payouts)

So payments will be tomorrow and from then on every sunday?
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #632 on: December 14, 2014, 03:53:39 pm »

Still waiting on LTCgear payouts to finish, apparently they are reinitializing their database and expect to be done today.
And yes, going forward dividend payouts will be on sundays.  This means the sell order likely will only exist monday -> thursday.
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #633 on: December 14, 2014, 10:24:21 pm »

Still waiting for payout. I will be trying to reach out to Chris again shortly.
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bahamapascal

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #634 on: December 14, 2014, 10:38:39 pm »

Thanks for the update
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #635 on: December 14, 2014, 10:57:04 pm »

I have talked to some people on #LTCGEAR and apparently we are not the only ones who have not been paid out yet
I am hopeful it will come in the next couple of hours.  I have also emailed Chris just now again.
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maxll

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #636 on: December 15, 2014, 05:10:22 am »

Looks like payouts just started.
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ifeng

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #637 on: December 15, 2014, 07:55:59 am »

So far, haven't received any dividends, the latest progress of things?Due to the influence of the matter, investors will produce certain misgivings, hope everything goes well!
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lopalcar

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #638 on: December 15, 2014, 01:27:44 pm »

One worry about second gen asics...
If they mine VTC,FTC, DRK... and people only want bitcoins... how will this markets assume this big sellofs? They can be absorbed by litecoin market volumes, but I highly doubt that this coins with very poor volumes "only DRK have good volumes somedays" can admit this sells without crash the price making the coins very unprofitable to mine...

Am I the only one which see this like a problem?  ???   Am I forgeting something obvious?
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Mexxer

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #639 on: December 15, 2014, 01:57:45 pm »

Well 2nd gen always mines the most profitable coin.

If it should happen that one of them crashes in value or difficulty spikes that much that it becomes less profitable they immediately switch.
I see the problem you're referring to but I don't think 2nd gen will become unprofitable for quite some time. Even if all three coins you are referring to crash and become unprofitable 2nd gen can always mine LTC as well. 2nd gen would only become unprofitable if VTC, FTC, DRK and LTC become unprofitable to mine. I don't see that happening in the near future. Plus, Chris could always let them mine a completely different coin.

I think 2nd gen will be very profitable at first and then the profitability will drop at some point. But that's always the case in mining. Nothing lasts forever.
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