Member Info for Scottman72

hTtPs://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-analysis-btc-usd-tests-area-below-9-600-as-hash-rate-drops-by-30-201909241029

You mine a block in the 'hope' of receiving the BTC reward.

It's more the probability of receiving a reward that hiw much is mined. Mining rate remains the same, but % chance of receiving a reward reduces as more machines are mining.

Squad,
Just remember, BTC has yet to prove itself as a safe haven. It wasnt last time and many wont accept it as a safe haven until proven. So I'd watch this space on that one.

No probs AJ.
Glad you're keeping up for once.
??

Looks like BTC is finally on its was down to 9200. If it breaks the downward triangle base are 9150 then it'll drop to 7000.
But on the bright side, it should then start rising again.

What I still cant understand is the obsession of those on here who are still believing what they are told by the BoD as well as their own over ramped predictions of restaurant signups.
These guys have never delivered anything against what they said they would do. September has bee another none event, just like all the other none events they said would be great.
How can anyone with any ounce of sanity even contemplate that there is a future for DISH?

Personally I wouldn't worry too much.
ARB will be profitable even if BTC drops to 7k, which is looking likely at the moment.
Then the halving next year will make it less profitable but BTC price is likely to rise compensate.
The only difficulty may be if the price drops low enough that that acquisition of new mining machines is affected.

Also, read some books on investing/trading.
One of the commonest issues with investors losing there investment is by getting themselves into a rut of lost equity and keep on holding in the 'hope' that it will recover.
95% of the time it doesn't.
That's one of the reasons why those on this board which still hold are not only deluding themselves they are about to lose it all.

OMG merc, grow up.
Read the background of DISH. They have never succeeded at anything. And I mean anything, other than getting idiots to invest in something that's failing.
Only fools short a micro stock. You can so easily lose everything. If you think this stock is going anywhere, detail the facts from the several years of history of DISH doing yield management that backs up any evidence that the management will deliver something.

Away on holiday for the next 3 weeks so comments will be minimal (hooray say some). Just reviewed some if the comments.
I cannot believe that there are still brainless idiots believing everything they are told about this share going to unrealistic highs.
This share is going nowhere, you have got to be a complete loon to want to lose your savings on something that is so obviously going to fail.
Yet again, this model has been running for several years, its lost multiples more restaurants than its signed up. The management dont give a Xxxx about the shareholders otherwise there would already be significant numbers of restaurants signed up.
£3k revenue from Asia after 3 years is a complete and utter joke.
How long is going to be before you guys wake up and realise you are being milked of your savings?

ART
Are you saying there is a direct correlation between when they trade and when they generate first messages on a BB . . . . .
I think not. That would be delusional

I'm not worried.
It's a certainty if you keep holding lol

Your statement was about yourself losing money not me.
Maybe your confused?

Who said anything about losing money?

Johno, if you believe that as an excuse to keep backing DISH, its actually you that's sad

I'll restate previous info.
DISH started in Asia as a subscription based model. They manage to get to 500+ restaurants and in were doing reasonably well in terms of restaurant signups. They then moved onto the current yield management system, stated that these regions were perfect for it and the restaurant signups. . . . . stopped, the lossed restaurants then started.
For some reason they thought that the UK and its stock exchange was a perfect location to get things going. They again stated that the UK was perfect for their yield management. Yet, virtually no signups again.
Most ventured that have a couple of years startup elsewhere and move to a new location can then start quickly as they have already done the hard work.
What do we see with DISH. Money to get things done, but nothing happening!!!
Even the dimmest of CEOs that has no experience realises that it doesn't matter how much money you have, getting income as soon as possible is #1 priority. It's a no-brainer.
You can give a bit of leeway to adjust some things if they are not right, but DISH is so late and no progress it's an absolute disgrace.

I've been trading for almost 30 years. And DISH is the most obvious case of bad management I've come across.
I've stated this before, but I believe the way they are behaving there is something unethical behind this setup and the shareholders are taking/ will take the brunt of this.
If I find out what their game is I can guarantee I'll be reporting them to the FCA.

And that's precisely how you lose money.
Ignore the warning signs, stick your head in the ground and wake up when you've nothing left

That's why most have a stop loss of around 10%.
Its alot easier to lose money than gain it. If your beyond a 10% loss it could take you years to recover it.