I thought I will leave it at my last post, but in reading your response there are alot of flaws in your reasoning so I would like to highlight them to you at a basic level as food for thought.
1. you think you are paying 5c, but you need to consider how much you're paying for the company, not the share price.
2. if MEJ goes from 5c to zero, you lose 100%. if forge went from $4 to zero, you also lose 100%. Therefore the magnitude of your loss is exactly the same. Saying that you'll lose 5c is a misrepresentation.
3.BDO's analysis of bitcoins is actually very comprehensive. They demonstrated a sound understanding of the P2P nature of the network as well as the blockchain. I am impressed this came from BDO.
4. There are two types of investors. The first kind buys a company knowing that the company intrinsically is worth more than the current share price. The second buys a company in the hope that someone will pay more for it later. You seem to fall into the latter category.
5. Digital CC is not the best way to access bitcoins.
6. I am not surprised that cloud hashing will expect to produce $100M in BTC, but you need to understand that this will be shared among tens if not hundreds of thousands of participants.
MEJ Price at posting:
5.4¢ Sentiment: Sell Disclosure: Not Held
