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Especially if we all put in "sell everything" orders at $10.0000!
I read a book (i know, shocking, right?) called "Casino Gambling for the Winner". The author made an interesting point - he said that, in watching other gamblers play, he was amazed by how often it seemed that the others WERE AFRAID OF SUCCESS! He talked about timid, reserved play, people who would get started on a hot streak and pull out of it while they were still hot... but who were quite happy to increase their bets when they were starting to fall behind.
I think these $0.0023 sellers ARE AFRAID OF SUCCESS! They'll take a little win now, watch the train roar past, then use the 23's gains - and more - to buy back in at 28!
FORTUNE FAVORS THE BOLD. HOLD FOR 003 PLUS!
@designed2outperform - DUDE!! You told me about INTV on 10/31 - WISH I HAD SEEN YOUR MESSAGE THEN! Still, I'd say "better late than never", except that we're still EARLY with these cryptos! Thank you!
IKR.. cute little bump for BTSC today - maybe if this company did some REAL cryptomining with something bigger than a $20,000... 66TH/s "mining facility", it might start following BTC and running with the other crypto stocks..
But, I suppose, why would management bother, when they can keep lining their own pockets running PUMP&DUMP on the believers here?
(BTW, I am long BTSC. You can measure my faith in this company by the size of my position... $3.25)
I'd say "$1 out of reach" but then I look at BTSC at $0.3? with ZERO credible mining equipment and no real connection to BTC price, and it seems like ANYTHING is possible!
Still holding my 4's, picked up some 13s this AM, sold 3/4 of those at 18, so my pile got bigger and its still a FREE RIDE for me! No grief here, but thanks for the offer! ;)
I hope Q is OK.. hell, what am I saying, I'm sure he was in this to his neck, his bashing was to get more cheapies! I bet he profits today more than anyone else here!
EDIT: I said "12rigs", meant "100rigs", all else is accurate...
$8.10... INTV trading @P/E=25. Visa Inc (same business, "electronic payment processing") trades at P/E=48. HEADROOM! (Note: our P/E is based on 12 mining rigs revenue NEXT 12 months of $170,000, divided by 8 million shares. Feel free to credit them 100 mining rigs, or 1500 mining rigs, and value accordingly. The 12 they HAVE, predicted revenues per share * VISA's P/E48, makes our "fair" value somewhere around $8.10
Yeah.. go explain that to the BTSC faithful - THEY have a real P&D POS over there! Half a billion shares at $0.32/sh, 150 million market cap, with 60 terahash (= "nothing") of mining hardware.
No problem, you made a legitimate, important point. I thing the possibility of "more bang" comes from having fewer OTHER hands digging for BCH, so they can grab a higher percentage of the total.
That works too! Does Bitmain sell single units at that price, or is there a minimum quantity?
I just looked at Visa, Inc. It is a "payment processing service company" with a market cap of 204.8 Billion, 1.8 Billion shares outstanding, selling for 113.82/share, at a P/E ratio of 48. Visa doesn't issue cards, or loan money - all it does is operate the network that payments move across, and it collects a small transaction fee for each one. A VERY similar model to crypto "transaction verification services" (i.e., "Bitcoin Mining").
If the cryptocurrency processing sector grows to rival Visa, then our mining company's share of that industry (and its 200 billion market cap ** ) will be proportional to our mining capacity's percentage of total mining capacity worldwide.
** "Crypto mining industry market cap" is not the same as what is currently reported as "cryptocurrency market cap", in the same way that Visa's market cap is not the same as the US economy's GDP. The thing reported as "Bitcoin market cap" would be more accurately called "Bitcoin M1 Money Supply". Economists will probably start calling it "C1", in order to be able to track and report the progress as "C1 cryptocurrency" replaces "M1 cash money".
MOST IMPORTANT here, is that the investment world thinks that payment processing companies are tremendously valuable - they are willing to pay 48 TIMES EPS to buy a share of Visa.
So... INTV's 100 currently operating mining rigs combine for about 1320 TH/s (equivalent). 1320 TH/s put into a mining calculator, gave $1,430,000 of profit after 12 months. 1430000 divided by our 8,288,337 (E*Trade reported...) shares, then multiplied by Visa's P/E of 48, gave INTV a value of...
$8.28 per share, right now.
That's a 5.5 bagger from Friday's close.
Incidentally: Visa Inc has a market cap of 204.8 Billion, 1.8 Billion shares outstanding, selling for 113.82/share, at a P/E ratio of 48.
If the cryptocurrency processing sector grows to rival Visa, then our mining company's share of that industry (and its 200 billion market cap ** ) will be proportional to our mining capacity's percentage of total mining capacity.
** "Crypto mining industry market cap" is not the same as what is currently reported as "cryptocurrency market cap", in the same way that Visa's market cap is not the same as the US economy's GDP. The thing reported as "Bitcoin market cap" would be more accurately called "Bitcoin M1 Money Supply". Economists will probably start calling it "C1", in order to be able to track and report the progress as "C1 cryptocurrency" replaces "M1 cash money".
MOST IMPORTANT here, is that the investment world thinks that payment processing companies are tremendously valuable - they are willing to pay 48 TIMES EPS to buy a share of Visa.
So... SANP's 12 mining rigs combine for 158 TH/s. 158 TH/s put into a mining calculator, gave $170,260 of profit after 12 months. 170260 divided by our 7.34 billion shares, then multiplied by Visa's P/E of 48, gave SANP a value of... you won't believe it...
$0.001111968
HOW FUNNY IS THAT??
Think about it this way.
"Visa Inc. (NYSE: V) operates the world's largest retail electronic payments network providing processing services and payment product platforms. This includes consumer credit, debit, prepaid and commercial payments, which are offered under the Visa, Visa Electron, Interlink and PLUS brands. Visa enjoys acceptance around the world and Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in more than 170 countries. Visa runs the network over which credit-card transactions run, but it doesn't issue the cards to consumers or mail out their bills."
Visa makes its money by charging its member banks, the card issuers, a small percentage fee for each transaction that runs across its network - and V makes a TON of money doing this.
The Bitcoin blockchain is an "electronic payments network" which is not owned by any single company. It was designed so that anyone with a computer (but now, to be competitive and profitable, one needs a specialized, dedicated machine, a "mining rig") can jump in and contribute processing power toward doing the work of processing electronic payments - and get paid automatically for the work their machines do. As bitcoin begins to be used for more and more transactions, these bitcoin mining companies could grow to (collectively) rival Visa in size, scope and value.
Google Trends. trends.google.com
https://trends.google.com/trends/explore?q=santo%20mining
@kittie88 - "Bitcoin mining" is really a "transaction verification service". For a transaction to happen on the Bitcoin blockchain ledger, the transaction must be verified, then included in a block, and the block must be authenticated. Mining rigs take the transactions, verify them (money spent here is traceable to a transaction already confirmed, which hasn't been spent already), assemble them into a block, and then they begin trying to solve a very hard math puzzle which is designed to take 10 minutes of trial and error to solve. When a mining rig solves the puzzle, it adds the proof of the solution to the block it's making, AND A NEW TRANSACTION CREATING 12 BTC FOR ITS OWNER, and then pushes its solved block out to other nodes on the network. The other nodes check the puzzle solution and confirm its validity, then remove the included transactions from their lists of transactions waiting for verification. Then, the whole process starts over.
So, "mining bitcoin" is the process of receiving newly created bitcoin for doing the work of verifying the transactions in a block. "How YOU do it" is: you buy an efficient mining rig (like an Antminer S9, $6500), plug it into electric power and internet, register it with a "mining pool", and let it run.
They also state clearly, WHY they will mine BCH instead of BTC.. and the "why" is that they expect a higher return per unit of hashing power and electricity. You quote the price of BCH, but that's just one variable. If it was the only variable, NOBODY would have any reason to mine BCH. Four other important variables would be the mining difficulty, the average time between block solutions and rewards, the size of the block reward, and the number of others competing against them to solve BCH blocks.
They're NOT choosing to mine BCH because they're looking for a way to make 1/12 the money they could make mining BTC. I'm really confident that they're expecting MORE from BCH than they think they could get in BTC. So, I suspect that if I chase down all the variables and develop a BTC to BCH conversion factor, "reality" would forecast a somewhat higher potential for SANP.
For what its worth, INTV is running several different mining rigs, chasing several different currencies. A 100% accurate forecast would take a week, if it was possible at all - but I'm going to make the assumption that crypto mining is fairly liquid and self-leveling - that people will devote additional resources into mining the more profitable currencies until the increased competition drives the profitability of those back toward the mean. I'm also assuming that if SANP/Canoe discover, after one week, that they've made only 1/12 of what they could have made in BTC, they'll jump over to BTC without a second thought.
But. Thank you for reading! And, thank you for reading critically - I know I have made (and will make) mistakes, and the "peer review" here is vital to our mutual success!
That's awesome! Puts my calculations a bit on the conservative side, which is fine with me - I would rather be pleasantly surprised later, instead of finding out I was too enthusiastic and made less than expected...
MEA CULPA! - Checked my numbers, now correcting.
Back at BTC=$7K, I did some exploring with mining profit calculators. Back then, it seemed like an S9 would pay for itself in about 9 months. So, with BTC at $19k, I figured (in my head) that the repayment period would have been reduced to about 2 months.
I just revisited the mining calculators, and it looks like mining difficulty has increased, and the repayment period is currently about 4.5 months. So, one S9 can "compound itself" into about 6 machines after 12 months, and 12 machines can compound themselves into about 72 machines after one year.
That's a far cry from the "568 in a year" which I claimed before. It is still exponential growth, and it still assumes zero increase in BTC price over 12 months (making it a conservative estimate). Since I am confident (that's opinion..) that Bitcoin prices will increase faster than Antminer hardware prices (by a little bit anyway..), I think 100 machines is achievable from mining revenues in about a year. Possibly 600 more machines two years from now.
Of course, the growth rate will be the same whether one starts with 12 and has 96 (8 to 1, allows for some $BTC price growth) after a year (a.k.a., SANP), or starts with 100 and has 800 after a year (INTV, though they've mentioned 1,500), or starts with 800 and has 6,400 after a year (MGTI - but they've only promised 5,000). In every case, the companies' relative market caps should be proportional to the size of their mining operations. If a company has a lower market cap to mining cap, then a given dollar investment there buys more exposure to the mining revenues. It doesn't matter if $1000 buys 250 shares of this, or 660 of that, or 1000000 of SANP, what matters is that you've bought $1000/[market cap] of that company's mining capacity, and the bigger "your" mining capacity ("your fraction" times "their mining capacity"), the more you can expect your shares to increase in value.
The most current numbers on my spreadsheet show:
(using current (as of next Wednesday) mining capacities and Friday's closing price):
$1000 invested in:
SANP, buys 0.148% of 1 S9's capacity (with 12 running "now")
MGTI, buys 0.421% of 1 S9's capacity (with 860 running now)
INTV, buys 0.799% of 1 S9's capacity (with 100 running);
(using announced plans for future deployments (timetables uncertain)):
$1000 invested (at Friday's closing price) in:
SANP, buys 1.236% of 1 S9's capacity (when 100 operating)
SANP, buys 24.739% of 1 S9's capacity (when 2000 operating)
MGTI, buys 2.449% of 1 S9's capacity (when 5000 operating)
INTV, buys 11.985% of 1 S9's capacity (when 1500 running).
Please understand that all this is sort of like trying to use a tape measure to measure the distance between race horses at any given moment while they're all running down the track, in order to extrapolate where they might finish. But, if we trust the announcements each company has made, then SANP is the best value based on future capacity plans, having "20 bagger" headroom vs. MGTI (evaluated on the same basis). But, if we evaluate based on where they stand right now - giving no value to promises until they come true - it looks like INTV is the best value right now, with "present operations value" headroom to about $8.20/sh vs. MGTI.
Also understand that at ALL TIMES (unless you've gotten shares for free), spending $1000 (with 5.5 of your best friends forming a "club" with you and chipping in $1000 each) to buy your own S9, is a much better investment than any of these, because you'll always own 15.38% of your club's S9, and you can expect your club to generate revenues sufficient to buy 5 more S9's in just over a year (at which point you all disband, and each takes 1 S9 for themselves (and your half-a-friend gets bought out for $3250)), and you never have to worry about executive salaries, or corporate reporting honesty, or stock market fluctuations or P&D manipulations...
Finally, the other side of all this is the "flipping game". Over Thursday and Friday, I went from a starting position of 500,000 shares at $200 invested, to 100,000 shares on house money with $450 profit in hand. Overall, right now, that $450 will buy me "free" positions in all three of these stocks, and ANY share of mining revenues or share price appreciation will be an infinite return. (ANY money, divided by "zero out of pocket" = "infinity" percentage return). Since "what I have" is on house money, I can hold it indefinitely and see where it goes! Of course, I want to grow my share counts, so I'll be selling on runs and buying on dips... but I won't be spending the rent money or the grocery budget here.
On a more philosophical note: Cryptocurrency will be EXTREMELY disruptive to the status quo of the world economy.. and is therefore a major threat to those who benefit from running it. I think one reason Canoe wants to come to the US, is because China (the govt) has a huge - roughly $8 TRILLION - reason to protect the value of the U.S. Dollar, and China (the place) could become a very hostile place to operate mining equipment if Bitcoin etc begins to look like a major threat to China's currency or the U.S. Treasury notes (redeemed in USD) it holds as U.S. Govt debt. It is very easy to imagine Chinese soldiers bashing in Chinese doors on mining rooms, packing up the mining rigs and trucking them away (or just seizing the whole facility and hanging a "People's Transaction Verification Service #456" sign on the door). I've been scratching my head, trying to think of steps the U.S. govt might take to cripple Crypto - three possibilities I've come up with are:
(1) convert the USD into a blockchain currency to compete with our "wild" cryptos; and/or
(2) Governments use our tax money to buy millions of mining rigs, earn and hold all the new coin, and accumulate the circulating coin through transaction fees, squeezing us out.. (expect a huge BTC run before the crash..) or
(3) Uncle Sam engineers a "test case" opportunity for the US Supreme Court to declare that "contracts based on Bitcoin payments are unenforceable in US courts - the value of USD derives largely from the value of having a government backed court system to enforce contracts, and we will not burden our courts with an obligation to provide this enforcement based value to rogue, unofficial 'currencies' created outside of government authority."
I don't think either of those will "kill" cryptos, but I think they'll slow down and limit acceptance of Bitcoin etc.., which means we'll have to wait a bit longer to become gazillionaires here.
@Djdjdj - my messages are limited, so I must piggyback. Thank you for the proof of "no December dilution", it does help, a lot!
I remember a huge volume spike in the 11:00 hour on Wednesday, and another in the 1pm hour Thursday. They could have been just outsiders selling big blocks of shares, or they could easily have been a couple of insider dumps of new minted shares. I just don't know, can't say either way.
All I know is that I hold 100k shares on "house money", and another $450 of profit to buy in at the best price I can get. I'm hoping for some dilution, brand new shares are as good as old ones in my book.
"Should give us negative pps" - You can't say "us" unless you hold some SANP. If you don't want it, I'll buy it from you...
seriously, there's merit to your post. But you forgot to add tangible assets to your evaluation. 12 geese a'laying golden eggs starting Wednesday.
If SANP deploys 12 rigs on 12/20/17, those should generate enough revenue to buy 12 more by 2/20/18...24 more by 4/20...48 more by 6/20... 96 more by 8/20.. 192 more by 10/20... 284 more by 12/20/18
that's 568 total in one year, assuming that bitcoin price and mining rig price stays constant, and assuming new rigs are deployed as they arrive.
I don't see 0.10 happening this month, or even before July. The company seems more than willing, at every price spike, to issue enough new shares (quarter, half billion at a time..) to keep the share price in the trips. My hope is that once mining gets going full steam (not just 12 rigs....) they'll stop raising cash by dilution, and start using mining revenues for capacity expansion.
I totally agree, mining equipment can "compound" itself very quickly. Starting with one S9, using all proceeds to buy more equipment, on roughly two months intervals the number of machines one can own is about: 1..2..4..8..16..32..64. In the second year, it can continue as 128..256..512..1024..2048..4096..
But.. since I am trying to estimate present value based on announcements about FUTURE mining rig deployments, there is considerable risk... so many things (including exponential growth of competitors orders for mining rigs), rising prices for rigs, production delays, shipping delays, installation delays, electricity supply issues, Bitcoin price fluctuations.. can all impact a company's ability to actually deploy a specified number of machines on a planned date. So, I offset those risks by trying to estimate conservatively.
Also, my goal here is to try to estimate the value that is inherent to the companies. Another theory of value is based on "what people are willing to pay" - and that's where "crypto fever" lives. The risk there is in getting caught up in it, in placing a higher emotional value on a company which leads to buying it at a price it can never repay. BTSC is an example - you'd have to buy 1/5 of its 150 million shares, at $0.32(or more) each, to "own" 1/5 of its 5 (equivalent) Antminer S9 mining capacity. 10 million dollars is too much to pay for the capacity of a $5,000 mining rig.
Still, one can say that $0.32/sh is "fair" for BTSC as long as buyers volunteer to pay that price when you want to sell. I'm only saying that the BTSC price is ALL "crypto fever", zero company substance. Which eventually leaves a bunch of investors holding expensive shares of nothingness.
I feel that by highlighting the inherent company value, from credible earning capacity, we have a better chance of raising awareness (and prices) so the "fever" bonus can start to work as "insurance" for us.
Bottom line, I am SO CONFIDENT that SANP is the safest play here, because it has the most headroom of any crypto company I've seen.
Yes. When MGTI was at $3.85/sh, and it appeared that their 5k mining rigs would provide MGTI 2018 earnings per share of around $1.50 or so (P/E multiple roughly 2.25 is a fair definition of "fair"...) - under those circumstances, I thought that SANP's "fair" pps (with 7.4Bn shares and 1000 mining rigs) should be around $0.0175/sh.
Since then, MGTI is up around $4.20/sh (last checked around 3pm today), which is about 10% higher, which raises our "fair" target pps to about $0.0192.
I like comparing market capitalization vs. mining capacity, because market cap is (theoretically) unchanged by dilution - the pps change in response to dilution is not a measure of company strength, it's a reflection of shareholder sentiment. In SANP's case, there's been so much dilution, and each time the shareholder anger drove the price further down than the dilution ratio would warrant, that our share price is currently about 5 or 6 PERCENT of what it should be. This stock is a BARGAIN from a long term perspective!
(for example.. we're at $0.0011 with 7.4 billion shares. Last dilution was 245 million shares - 5 times as many as ALL the shares of MGTI. BUT... If the next dilution is the same number, that will only be 3% of the resulting 7.645 billion shares. If it happened tomorrow, it SHOULD drop our current pps by 3%, to $0.001067. And, if 3% dilution dropped our share price by 3%, OUR MARKET CAP WOULD NOT CHANGE. Our target "fair" pps would be 3% lower. But I'd bet that if the company "dumped" 250 million more shares tomorrow, the bears would start shouting "SEE? P&D SCAM HERE FOLKS, GET OUT WHILE YOU CAN!" and we'd close under $0.0004. And I would BUY BUY BUY that opportunity!)
Agreed, but SANP market cap should be about 1/5 of MGTI, based on 1:5 ratio of mining hardware on order for 1Q18 setup at both companies. We're 1/25 of 1/5 of MGTI market cap. (Nothing magic about MGTI, INTV market cap is right in that same ballpark, and with a proportionally similar hardware order. I just did my calcs vs. MGTI..)
Anyway, we have headroom. TWENTY FIVE TIMES our current share price. If SANP issues another 7.5 billion shares, we still have 12 bagger headroom, just to be "fair" compared to other ACTUAL MINING mining companies (i.e., excluding BTSCAM and similar..).
OTOH, I wouldn't exclude 10 Billion-with-a-B from the realm of possibility... Think of what Bitcoin is - a revolutionary new, totally disruptive (to status quo) way to create and exchange monetary value. "Transaction verification service" (i.e., Bitcoin mining) is really the DELIVERY SERVICE for value. As it becomes possible... and then common... for people to buy online goods with Bitcoin, the value delivered from buyer to seller (the coin) could grow to become equivalent to the value delivered (as merchandise) from seller to buyer by FedEx, UPS, USPS etc.. The companies delivering on the money side, could become every bit as big as the companies delivering on the product side.
I like (in this order) SANP, MGTI, INTV, BTCS (if they EVER roll out that alleged online marketplace..), because they are all (except BTCS) building actual mining facilities.
I LOVE SANP, because they have - by far - the best mining capacity to market cap ratio.
@Liam00 - You just made my day.. Thank You! Enjoy the beach (or whatever you do in your early retirement)!
@Moder - you're welcome! Glad it worked out for you!
BTSC has no REAL connection to Bitcoin - for $30,000, you can buy 5 of Antminer S9 mining rigs, and have as much mining capacity as this company has. Or, for around $150 million, you can buy all the shares of this company (assuming your big buy doesn't raise the price), and get $30,000 worth of mining capacity. In the second case, your $150M will return $30,000 about every two months, and (at current prices) recover your investment in FIVE THOUSAND YEARS.
You pick...
Bitcoin fluctuations do not affect this company's balance sheet, they only influence the "value" people place on the word "Bitcoin" that was painted over BTSC's old sign, "Tulip Biopharmaceutical"...
Thank you! Want to see something amazing? Do the same market cap to mining capacity analysis of BTSC, using their market cap of $150,872,800 and their mining capacity (now, with no known plan to expand) of 5 (equivalent) S9 mining rigs.
In THAT case, our market cap should be (2000 / 5 = 400), (400 * $150,000,000 = $60,000,000,000), ($60 billion / 7.4 billion shares = $8.11 per share for SANP !!!!! )
I'm not predicting that though - MGTI is priced about right for future mining income. BTSC is WAY, WAY, WAY OVERPRICED, riding a "pump & dump" bubble. Which is why I think profits will be taken there and put here, helping us.
I agree, WAY undervalued. I bought 500,000 shares yesterday at $0.0004. If I take profits today, I take $150 plus my $200 stake. That isn't enough cash to motivate me to give up my seat on this ride!
True, but, they're building to $4 million/month via crypto mining, and I don't think they've been terribly successful or profitable with cyber security or privacy phone, so I don't attribute much of their value to those operations.
I think pullback - at BTSCAM -and a HUGE gain here!
Market Caps: - based on share totals in intro above, and 0.0007 close price, SANP has a market cap of $5,144,694. MGTI market cap is $192,456,000.
Based on SANP's stated goal of 2000 mining rigs, and MGTI's goal of 5000 mining rigs, SANP should have a market cap (even with this dilution) about 40% of MGTI's. That would be $76,982,400. THAT is 25 TIMES what it ended at yesterday. So, each one of our shares SHOULD BE a 25 bagger tomorrow!
It'll take longer than that, unless we can attract about half of the dollars now invested in BTSCAM. But, based on all of the above, I am confident that we can see $.0175 very soon! (.0007 * 25 = 0.0175).
Set a sell limit order near 0.0175 for 1/25 of your shares (to recover your stake and make the rest "house money".) Then set a sell limit order above $1 (so shorts have nothing to borrow from your broker). We can ride this to the moon!
My GUESS - Bitcoin shot up to touch 18000, from NEW money coming in to Bitcoin. Then it settled back and fluctuated around 16-17k for several days, as old holders of Bitcoin took profits. Some of those profits came here, and fueled a lot of crypto stock gains. Then, yesterday, profits were taken here. The one I rode through its one day tripling, had no prior profits to take, and announced pending commencement of ACTUAL MINING on 12/20 (using S9's, first 12 of 100 (by March 1) of 2000 (by 1/1/19) ). That made this triple zero sub-penny stock (5.1 million market cap) explode.. and I think it runs from here to overtake BTSCAM and trail MGTI.
I was VERY PLEASED to see MGTI's market cap overtake BTSCAM - people need to know that there's nothing there to justify investment - flipping worthless stock is no different than any pyramid scheme, for every one who made money, ten are gonna get burned.
"Charts are useless.." don't say that! Charts are the ONLY THING holding this dead horse upright and dragging it down the track.
If $BTC falls to $10k, I (and many others, I think) sell stocks to grab the $BTC opportunity. If $BTC keeps rising, NEW money keeps going in to Bitcoin, and profit takers/sellers there start bidding up crypto stocks here.
Because Bitcoin mining companies actually create new Bitcoin, buying a mining stock (provided it ACTUALLY HAS MINING CAPACITY, unlike some BTSCAMs out there..) is sort of like having a savings account that pays in Bitcoin. Since we have no way to deposit Bitcoin and earn interest on the balance, mining stocks provide a nice surrogate. (I know, converting USD into Bitcoin, holding the coin, then selling for more USD, works like "interest", but what if the coin you held was earning more coin before you sell it at the higher price? That would be like interest on interest, and if the mining companies start paying dividends, then you realize the gains-on-gains for as long as you hold the stock.. which you don't have to sell to get the gains.
"LEX LUTHOR ANNOUNCES BUYOUT OF LITHIUM EXPLORATION GROUP - LexCorp CEO Lex Luthor announced today that he is offering $0.0005 per share in a hostile takeover bid to acquire LEXG. He said "they already got the ticker named right, LEXG BELONGS in the LexCorp family. And, I see amazing potential to use their SonCav technology to separate and refine Kryptonite from Terranite ores, which will help me in my ultimate quest to defeat that alien menace, Superman."
(THIS IS SATIRE. DO NOT ACT ON THIS, ITS TOTALLY FAKE! But I hope it was funny...)
Remember when Bitcoin was sub-$200 for years, then rose to $700? How would you feel NOW if you had sold a dozen of your $200 $BTC at $700? That's where we are now... at the beginning of something huge! HOLD!
I have half a million of these shares - they cost me $200. Half a week's pay - it won't kill me to lose all $200 (and if you're playing triple-zero sub-penny stocks with money you can't afford to lose, PLEASE get some financial counseling). So, I can afford to hold this until it either evaporates (and I'm out $200) or it hits $2/share (and I bank a cool million!) See you guys on a Cayman Islands beach!