Yes exactly our funds are locked in so if profit share plan changes we will have no incentive to keep our coins in wallet or be an ICO investor.
Wait a minute ..
The 'incentive' as an ICO investor was the
price ..
I know because I am one
The profit share payout percentage ( think dividend ) has to be the same for
all CLD holders .. period ..
Triff ..
But think about people who bought as an ICO sold at about 5000 and now again can buy 5x more coins and have greater share of profits.
Unfortunately pal that doesn't apply to many of us. I trusted and bagheld this thing since day 1 - only just missed the ICO by a matter of an hour or so. I watched it go up to 45,000+ and I watched it fall to 6700. I don't see why I should get any less share of the profit than someone who bought the ICO. Sure they can have 10,000 and I must have 20,000 - I can live with that - but no way will I accept a 40% lower profit share for spending at the very least 200% more.
I agree but you still have chance to book profits in future and buy back more coins if the value again swings like it did before. We don't have that choice as ICO investors can either keep the coins all the time in their wallet to share that % of profits or loose the status and be one of NON ICO investors.
Your reward is you only had to buy 10,000 at 10,500 Satoshi. Anyone else will now have to buy 20,000 at upwards of 20,000. Can you not see how it is absolutely no advantage whatsoever?
You clearly don't understand the disadvantages of being an ICO investor, we cannot trade with our coin like you can. We bought at 10500sat right but you got chance to sell at 60000sat and again buy at 7000 sat. We trusted Dev team when there was no development and even when the price came down below ICO. You sold you stack and now when you see some good development underway , you want same profit share as us. This is not fair. What is our reward for trusting dev team all the time? Price has already fallen below ICO and recovered so you can't say that this will be only our reward.
Remember my friend you too had the option to purchase more after the ICO had finished if you wanted to ride the waves, just because you couldn't touch the ICO wallet doeskin mean you couldn't have a wee gamble with another wallet or that your hands were bounds - Everyone post-ICO has no choice but to pay at the absolute minimum at least twice what you paid. That is your reward - you get to reap the same amount of profit with less than half the expense incurred. Why should they not get an equal share of the profit? Why are their 20,000 coins worth less effectively than your 10,000?
As Triff said earlier; this coin is very much like a dividend paying stock; you may be eligible for dividends with a lower buy-in of coins - no problem with that - but you may NOT receive more per share (coin) than any other invested member.
Folks this is just the way the world works. Look at any offer of securities to the public for the first time and show me where it is considered acceptable to have one rate of return for a few 'special' investors and a 40% lower rate for everyone else. It is not acceptable in the eyes of the intelligent and informed investor and it is not acceptable here.
This is where the problem is - and why it must be resolved amicably if this coins it to take off again.
No one likes a bad deal.
You may very well think its unfair - but Id bet we could count the ICO holders left who haven't dumped on two hands. If we want 100s of new investors you MUST level the playing field. If not, it will simply be another bagholders burden. You can't encourage investment through what is in essence an unconscionable bargain.