GROW Coin - Aggressive Growth Coin - SALE CLOSED

j0eam 2015-09-21 14:03:31 UTC #96

Anybody willing to sell a couple of coins?

Bishop81 2015-09-21 14:05:28 UTC #97

How many do you want?

j0eam 2015-09-21 14:27:24 UTC #98

Around 5-6 maybe?
What's your current valuation?
for 0.009 I'll take 7.

Bishop81 2015-09-21 14:35:07 UTC #99

I put 7 up for .009 each (plus GHX fees) for you in the GHxchange.

The latest value was .00896. We should hopefully see another decent increase this week, assuming our games don't stop paying.

j0eam 2015-09-21 15:12:22 UTC #100

Signed. Thx

Bishop81 2015-09-27 13:51:55 UTC #101

Week 13 - 9/27/2015: Value = .00896 BTC
200 Coins with 1.79 BTC total value.
Increase in total value: 0 btc or 0%
Dividend: .000179 per coin. (2%)

It was another quiet week for us. All of our games are currently still playing, and I have .13 sitting in our HYIP wallet, ready for another round in one of the games. The reason we didn't experience a gain is because one of our Carbon7 plans expired, which caused our overall value to drop by about $25. We also experienced a little more decrease in value at Hashnest, which hasn't helped us any...

That's it. Enjoy!

Bishop81 2015-10-01 21:48:21 UTC #102

I forgot to mention that I'll be on vacation this weekend (in Chicago ), so the payout will be on Tuesday, after I get back.

I also want to mention that the point of this coin is to grow, but to do it intelligently. Since we're approaching the prime scam season, I'm not going to start playing into any more games until after the New Year. To continue with earnings, I'll put the btc into Hashnest and purchase S5 mining during that time. This will allow me the flexibility to sell once we're ready to get back into things.

I will, however, leave the current btc in BTCFlex and PerfectHash until such time that they decide to stop paying. We're in profit on one, and may as well attempt for a profit on the other.

Bishop81 2015-10-07 15:01:12 UTC #103

Week 14 - 10/7/2015: Value = .00878 BTC
200 Coins with 1.756 BTC total value.
Increase in total value: -.03 btc or -.017%
Dividend: .0001975 per coin. (2.25%)

Nothing notable this week, except the demise of Danger Coin. We would have been back up to 2 btc in total value if that didn't happen. Oh well, it knocked us back down to were we've been sitting for the last several weeks. I'm still putting everything into S5's at Hashnest until after the first of the year. Hopefully we won't experience any more drops in value there during this time...

ThePeddler 2015-10-07 15:34:23 UTC #104

I have a feeling this weekend when/if S7s go online at hashnest S5 prices will tank further as folks trade up.

That said, I ordered my S7s yesterday to get ready for the theoretical first few days frenzy

The first few days after S7s hit the market may be the best time to buy into S5s.

Bishop81 2015-10-07 15:57:21 UTC #105

Maybe I should go ahead and sell, then just hold for after the weekend...

ThePeddler 2015-10-07 16:32:59 UTC #106

Just a theory which I personally am acting on. Play at your own risk though

Bishop81 2015-10-11 14:01:07 UTC #107

Week 15 - 10/11/2015: Value = .00758 BTC
200 Coins with 1.516 BTC total value.
Increase in total value: -.24 btc or -.158%
Dividend: .0001516 per coin. (2%)

Well, things finally caught up with us this week. We say PerfectHash stop paying out, and BTCFlex went away. I was able to get about .05 of our principal out of there, but we lost about .09btc.

The Hashnest btc has been placed into S7's, hopefully allowing us to get some decent earnings over the next few months. I'm also going to try and purchase some GHX regularly, to help even things out.

Again, we're pulling out of the HYIPS at this time, until the beginning of the year.

Bishop81 2015-10-18 15:01:10 UTC #108

Week 16 - 10/18/2015: Value = .00693 BTC
200 Coins with 1.386 BTC total value.
Increase in total value: -.09 btc or -.13%
Dividend: .0001386 per coin. (1%)

It was another quiet week, but we still realized a drop in 'Value'. This comes from our plans in Carbon7 expiring, and not renewing them. While they're playing, I have been counting them in the value of the coin, simply because it's really tough to keep all of that separate. In the future, I may just consider any payment into a plan as a drop in value, and only record the current state of the wallets as the value.

As I said before, right now I'm just going to coast through the next 2 months on what we have in play. Our final Carbon7 plan expires on 10/21, and after that we're left with AtrexTrade and Nuggetz.biz. Atrex gives us about $1 every 2 - 3 months, and we're almost up to 20% back with them. Nuggetz.biz gives us $.46 every business day, and we have roughly another 60 days of payout supposedly coming. We've withdrawn $15 of a $25 payment from them, so we're over halfway to break-even.

Besides the 4 GHX I bought, everything else is going into Hashnest right now. We are up to 189 S7, 2 S5, and 15S4. We'll just let those run and keep repurchasing S4 and S5 as it makes sense to do so. The mining earnings should help be able to continue dividends through the next few months.

j0eam 2015-10-18 17:24:39 UTC #109

I don't understand. Why does it make sense to purchase S4 and S5 The maintenance to payout ratio is 75% and the price is 0.00040601 for antS4 (much more expensive than S7).
What am I missing here?

rdyoung 2015-10-18 20:07:54 UTC #110

Currently S4 is the best "bang for your buck". Its not the maintenance fee or the % that matters, its how much GHS you can get for your BTC and the overall daily income from that GHS.You also have the rise in value for S4 and S5 as the BTC/USD rate climbs.

Bishop81 2015-10-25 15:11:41 UTC #111

Week 17 - 10/25/2015: Value = .00679 BTC
200 Coins with 1.358 BTC total value.
Increase in total value: -.03 btc or -.02%
Dividend: .0000679 per coin. (1%)

Yes, another slow week for GROW Coin. We have a pending withdrawal from nuggetz.biz for about $2.50, and a pending withdrawal from Carbon7 for $7. I'm afraid that Nuggetz may be calling it quits, with us still being $10 shy of our break-even point. We'll hold out a little hope for them, though, and leave them in the value calculation this week. The reason we saw the drop in value is mostly from our plans at Carbon7 expiring.

Our hashing at Hashnest seems to be slow-going. The market is also rising for everything that we've purchased, so that helps out our value. We aren't mining much, however, so it's slow-going over there.

Bishop81 2015-11-01 18:45:05 UTC #112

Week 18 - 11/1/2015: Value = .00667 BTC
200 Coins with 1.334 BTC total value.
Increase in total value: -.03 btc or -.02%
Dividend: .0000667 per coin. (1%)

Another slow week as we watch HYIPs fold around us. Fortunately, we didn't lose any money from any of the games this week. Carbon7 paid us out, and our plan expired. I have a few personal withdraws with them that aren't paying, so I recommend caution with them. Nuggetz picked back up and started paying, giving us the $5 that we were waiting for. We're about $5 from break-even with them, so after 2 more weeks we'll be in profit. Let's hope they hold on until then.

It can be slow, trying to grow your earnings at Hashnest. Unless you're actively trading, it's just a grind. I did pretty well trading my personal account, until UMISOO crashed and I lost about 6 btc, so I'm not even bothering right now.

We have about .16 in our HYIP account right now, so I'm trying to figure out what to do with it. Hashnest or GHX Batch 3? I think I may lean more towards GHX, simply because they hold their value much better...

Oh, the reason we actually dropped in value this week was from Hashnest. Our S7 and S5 hashrate dropped in price enough to make us see a loss in value. That's it, there's no other reason.

Bishop81 2015-11-09 06:34:12 UTC #113

I apologize for not doing the payout today, I got distracted and forgot. I'll issue it in the morning.

Bishop81 2015-11-09 15:57:11 UTC #114

Week 19 - 11/9/2015: Value = .006 BTC
200 Coins with 1.198 BTC total value.
Increase in total value: -.13 btc or -10%
Dividend: .000102 per coin. (1.7%)

We lost the last $5 that would have made us even at nuggetz.biz, leaving Atrextrade the last game that we're still involved in right now. They pay so slowly, it's going to be another year before we're break-even with them, but at least they're still paying right now.

The earnings that had accumulated have been put into GHX batch 3, buying us 10 coins. For the next couple months we're just going to ride out on the earnings from the assets that we own, as well as the value at hashnest.

Bishop81 2015-11-15 18:07:58 UTC #115

Well, it's time for Week 20. Over the last 20 weeks, we've seen some excitement and a lot of disappointment. I've also gotten really busy in my personal life, and gotten really bored with bitcoin. I'm not leaving the community or anything, but I think it's time for GROW Coin to wrap up shop.

By now, according to my records, you should have received about .003 per coin since we started. My goal is to at least get you back to what you originally paid.

The current holdings of GROW Coin are:
AtrexTrade.com - $10.13 in principal that we can't withdraw. It makes about $1 every 3 months.
1 ABC
30 ASIC
3 BTCB
25 CSCoin - Deprecated
4 EMC - Dead
5 FRT
19 GHX
2 MACM - Possibly Dead
21 Hashnest S4
20 Hashnest S5
200 Hashnest S7
.12BTC at Stakeminers.com

All of the assets that are still alive were purchased for a total of .68btc. The price of btc has risen since then, so the current value of the coins is much less.

Liquidating the Hashnest hash would bring us a little over .3 btc.
The .12 btc at Stakeminers should be able to be returned with little trouble.
The $10 at Atrextrade is untouchable.

So, I propose this.
I'll personally buy the coins from the account for .7 btc.
I will work on liquidating the Hashnest stuff at the best price I can get, which should end up around .3 btc.
I will request the payout of .12 btc at Stakeminers, which should happen at the next payout.
I'll personally purchase the Atrextrade account for .03 btc and continue receiving the small payout myself.
We also have .024 in the accounts that will be sent out.

This will result in 1.17 btc to be distributed among the coins. Dividing that by 200 coins ends up at .00585 btc per coin, which still leaves you about .0015 shy of breaking even. Once all is said and done, I'll wrap things up with an extra dividend to see if we can't make up for the loss.

Does this sound acceptable?