Microelectronics Technology Co. (fka MELY)

[BTCGoat]

First of all, let me start off by saying this is a great post...for the most part.

HOWEVER, once again there is new machines that are being made that can mine both although these are not the machines that MELY has.

I need to see a link to these miners you speak of.

I have been in the scrypt mining game since Doge was at 23 from the start and have yet to find a profitable dual miner for both BTC/LTC and you claim there are ASIC Dual miners coming out!?!?

Once again, I need to see a link somewhere of proof...and I GUARANTEE it is just pre orders.

It is far to late to get into the bitcoin mining business. IMO the CEO or whoever they have in charge of this operation didn't see the whole thing through in a long term perspective.

Didn't see the whole thing through in a long term perspective!?!?!?

How about receiving the 100 Miners 3 FULL MONTHS in advance from the original game plan....I am EXTREMELY confident that they DO see the long term perspective, or else they could have easily waited out these 3 months.........

Your logic is WAY off claiming it is too late to get into the bitcoin mining business. It will be too late when more than .01% of the world's population hold more than $0.80 of BTC in their wallet...

So who owns how many bitcoins?
First things first, around 31 million transactions have taken place in bitcoin’s history. That seemed a little low to me to begin with, but it starts to look more reasonable in the light of other findings.

More than 25 million addresses have been referenced in those 31 million transactions. The total number of addresses, of course, gives an upper limit for the number of possible bitcoin users. Naturally, not every address ever referenced is still in use. In fact, it turns out that less than 10 percent actually have any bitcoins in – fewer than 2.5 million.

So that means an absolute maximum of around 2.5 million people own bitcoins right now. But approximately half of these addresses have very, very small amounts of bitcoin in – what is termed ‘dust’, or less than one millibit (0.001 btc). The total balance of all of those 1.2 million addresses is only 121 bitcoins, which means they each hold an average of just 0.0001 btc. In dollar terms and at current values, these 1.2 million ‘dust’ addresses hold a maximum of $0.80 and an average of $0.08.

http://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter

Given this is from mid February, I feel like it still holds true, since nobody uses them in everyday transactions.

TO conclude it MELY is getting into something that is already going down the hole. I believe in Bitcoin and I do believe in the price per coin to go up but I do not believe in Bitcoin mining because the time for that is up already.

This is Phase 1 my friend...I foresee many Phase's ahead.

By the way https://cex.io/calc is really confusing to use.

If anybody wants a simple cut and dry BTC calculator...here you go:

https://www.alloscomp.com/bitcoin/calculator

You say you do believe the price per coin will go up, which is 100% correct. If you truly believed in BTC then you would see when more and more companies start accepting them, which will be in the VERY near future, Dish Network currently and Amazon Cloud goes to show they will most likely be one of the first MAJOR HEAVYWEIGHTS to start accepting it, the price of BTC will be well over $1000.

So maybe MELY does see the long term profitability from this while others are still being skeptics on the sideline here.

I have yet to run into another stock with a business plan set in line like $MELY

Next week will be our time...

It is almost time to jump into the pool!!!

$MELY