Topic: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. - page 68. (Read 152955 times)

Nobody on the dev team bought their coins for free. We got compensated for our work on the
coin (I received 0.5 BTC in case you are wondering) which we were free to do with as we chose.

Real world scenario: if you work for company XYZ and they pay you for your work, then you turn
around and buy stock in their company with the money you were paid, does that mean you got
that stock for free? NO.

Our plan has never changed. It has always been exactly what we said it was.

It is because 95% of people in crypto are after the quick profits. They don't care about monthly dividends or long term plans. They are in it for the quick rise and sell at the top. In this case there was not even a rise so they just cut their losses and move on. The monthly dividends in the case of QBK will have to beat the opportunity cost of the investment as well as the investors cost of capital. With opportunity cost I mean the money that the investment could have made had it been invested elsewhere for the same period instead of being tied up in QBK for a month until dividends are received and with cost of capital I mean what it is costing the investor to put the money into the investment e.g. if he borrowed the money together with his risk appetite. In the case of crypto the opportunity cost of one month is the profits of pump and dumping new coins over and over for a month which can be significant. Taking a loss by quickly selling something that did not immediately rise is ok for those investors because the opportunity cost of those investment as explained will make up for the losses and still leave them in a profit situation by the end of the month. It will be the bag holders that lose at the end of the month. This explains why some of the investors stepped out quickly again. Unfortunately if 95% of the investors expect a rise, the opposite will happen, unless there is a benefactor investor that will take one for the team and start a pump.

In the absence of a pump the value has to rely on the long term plans which will take some time to materialise. In the meantime there will be very little to support the value, unless the dividends are significant enough and in excess of the opportunity cost as explained above. That is why I say that the company had to be very well capitalised before starting this to fund the returns until the long term services income can kick in. The other option is to use the investor ICO funds to pay for the returns but that will be cannibalising the fund and not sustainable which is very ponzi like and will not go down well all round and is also illegal in RL.

Looking at it from another angle, assuming the price remains constant in the absence of value drivers other than hype and dividends, if you want a positive NPV you have to take the 20k sat outlay in year0 and match that with the monthly dividends over the investor's cost of capital. Cryptoworld carries a lot of risk and therefore cost of capital will be high. So either the dividends have to be high or the 20k sats initial outlay had to be lowered. Alternatively, find a magic bullet that will increase the price other than the dividends and hype and there will be a recovery later on that could push the NPV positive.

Fix wallet seednode my wallet cant sync and setup a QBK-multipool, and take some btc and set a buywall so traders not panic sell.

Probly because it didnt gain x100 in the first hour and basically there sheep and they see others and follow!!

Hahahaha

I wonder why ppl selling under ICO price? selling with lose? :| LOL 

MINEMEPLS quote from Key coin thread :

https://bitcointalksearch.org/topic/ann-key-keycoin-fair-launch-daily-updates-89-status-update-695457

"I love the FUD game".

Notice one of the devs are Lebanese 

Nice, if you guys ever disappear I'll be able to come after one of you 

Actually we are more than 2 women on the team..We are the only 2 women the rest are men.

http://qibuck.com/team-qi/

Also we are waiting for the Devs to wake up to sort out the nodes. Nothing we can do until they wake up, also we did respond here re the wallet issue few pages back. as soon as we saw there was an issue. 

"TWO MOMS" brought in 59 grand in under 6 hours.  Kudos to the gals. 

Congratulations on the successful ICO.

It puzzles the mind though how some are selling immediately below ICO price at a loss.

Good to hear about the Skype verification process.  That would help limit those who would try to cheat the system.

+10000 Iwas there in the troll box and it was disgusting , and I did give it to some of the mindless idiot's that were flapping the pie holes, correct everyone makes there own decisions and have to live with them , im in and if people want to sell at a loss then I will more than happily take advantage of it , free market , your free to make your own decisions

Cards will be sent out free of charge including shipping, we are covering all the costs for the cards.
Verification for bagholder status will happen via Skype. You will have a one on one skype with one of our team members to verify your identity. Each identity will be allowed to have one wallet each of QBK to stake to receive their bonus.
If people are deciding to sell their coins below ICO price because of FUD created in the trollbox to manipulate and push the price down have no one to blame for their actions but themselves. No one put a gun on their heads to purchase the coin. If they read the ann and didn't like what we offered then they didn't have to purchase the coin. No once forced them. If you think this is a shit coin then it's not for you so you can go on other threads and purchase the coins you like. Everyone has free choice to choose and buy the coins they like. Just because people dumped hard and didn't make the coin rise 1000% in one hour doesn't make it a scam coin. You chose to crash the coin price you have to live with the consequences.
Our job is to deliver on whatever we have tried to lay out in the ann thread. I have been watching the trollbox for 4 hours and even had to see the abusive language reach disgusting levels to try to crash the coin price. It's up to every individual to buy or not buy, to sell less than what they bought for or be patient enough to sell at a profit.
Also if you don't like that that TWO MOMS are trying to do something positive in Crypto and like to be sexist in saying that Crypto is only for DEVS AND MEN then the problem is yours.
Thank you for your sincere honesty now let us do our job please. .
Don't think just because there are ladies involved that we are going to sit here and be bullied by some sad and very bored men.

I don't care how you slice this pie, very clearly the first ANN post on this thread did not advertise a coin made by two 'moms' with limited experience in crypto and just over $6,000 in assets on board. Go make a hot sauce or hold a garage sale. This is absurd. I dumped your shitty coin, and I hope everyone else does, too. What a joke.

Yes. everyone is having this issue. Wait for the developers to wake up and set nodes for us

Hi Team.

Ive got the wallet downloaded and opened but I have no connections to the qibuck network, is it a known issue right now?

Keep up the good work and ignore the haters 

Now that ICO is over, you might want to try to get this on Bittrex.  They currently have 6x the daily volume of Polo so it will get more eyes there.

edit: corrected the number

Pro Tip #2: Dont quote the trolls and naysayers

No worked wallet, price down the ipo.

You know when the trolls are taking the time to read and spread their (Knowledge lol ), in 4 word sentences, you are rocking the boat! Good on yas team, go hard, I love the concept.
and Ive spent a lot of money on things a lot less promising than this!