So , the guys that did only the second ipco for 0.01 btc are getting 32,000 RDD, while they could have bought 200,000 for the same 0.01btc at coinmarket.io?
Am I right or am I missing something?
http://www.reddcoin.com/ipo-result/Guess u r right. But whats ur point? Everybody can do the math before investing!
Off course I can do my own math, my ticket is 586. Compared to the coinmarket.io price I don't really like the deal. I did it because I like RDD and buying on coinmarket would have cost me 5 sat.
Pretty sad for the small investors and not really good for community building when these guys made such a deal. But, okay it are only a handfull of guys.
It's something to learn from, I think. I understand this system where the big bits get a better share will bring in more btc, but overall I don't like it.
1.
Wow! You are a pretty big investor! When my math is correct you got 1 RDD for under 4 sat now! Why dont u like the deal?
2.
Its true that small investors have now a higher average price per coin then on coinmarket.io. That could be seen as unfair or just part of the proposed deal. I think that may also motivate the long term will for success in a broader community.
3.
I am a first stage investor. I took a higher risk for early adopting and i find it appropriate to get rewarded with a higher share. Early adopting may pay off or simple doesnt. Thats my risk as an investor believing in an innovation and the people behind it or not.
Well I just have these feelings;
1. Small investors making a bad start at a coin is not so nice.
2. My price is 3,78 RDD/BTC, which is not bad compared to coinmarket.io. But the big IF is, I cannot sell when I think things go the wrong way with RDD. So even my deal is not fantastic, estimating we will be trading around 4-5 sat. I have invested in USDE and KDC and 1 week ago, I didn't like the way both of them making little progress, so I sold and as for now it saved me money. So, not being able to sell RDD ( in case..) is a big disadvantage in this quickly changing altcoin business.
3. But the positiv feeling is, the dev team gets a lot of btc to work with and the fact that many people like to pay this price is a good sign.
