BitShares Forum

Other => Random Discussion => Topic started by: Akado on October 14, 2014, 11:34:46 am

Title: Bitcoin Group's IPO on the Australian Stock Exchange
Post by: Akado on October 14, 2014, 11:34:46 am

http://thebitcoinnews.com/2014/10/14/bitcoin-groups-ipo-on-the-australian-stock-exchange/

What do you think about this? Also, out of curiosity, can a 'normal' person invest in this? I mean, can someone make a micro investment? If so, how?

Title: Re: Bitcoin Group's IPO on the Australian Stock Exchange
Post by: starspirit on October 17, 2014, 05:18:55 am

Its an IPO, so you should be able to invest if you like.
Based on the article alone, looks like most of the revenue will come from mining. I thought mining didn't generate a return on investment right now?

Title: Re: Bitcoin Group's IPO on the Australian Stock Exchange
Post by: merockstar on October 17, 2014, 11:06:26 am

Quote from: starspirit on October 17, 2014, 05:18:55 am

Its an IPO, so you should be able to invest if you like.
Based on the article alone, looks like most of the revenue will come from mining. I thought mining didn't generate a return on investment right now?

It can if you have a shit-ton of hashing power. Enough to actually compete in the arms race.