I am getting tired of losing money on GPUCoin.
I was picking up coins throughout the week because I wanted enough to buy a toxic, and now it looks like the day of the sale the price has shot down.
I am very upset. I have been an investor with GPUCoin since the beginning, and am getting screwed over again and again.
I lost a lot of money with the IPO, and now am losing money with the store.
I don't see how people are supposed to buy enough coins on the market, with the lack of liquidity, to buy one of the cards from the store. Obviously buying throughout the week is not going to work. I paid over 8 satoshi for my GPUCoins.
What sucks is GPUCoin and Jaymes will make money regardless, and they apparently do not care at all for investors. This is why they take absolutely no action to fix the problems.
Quit your god damn whining and man up! Investing in anything is a gamble, sometimes you win and sometimes you don't. I bought into the IPO and you don't see me complaining about the price. There's an expression that says, "shit or get off the pot". Either sell your coins at a low rate and be done with GPUC or wait, yes WAIT, for the price to go up and cash out; just stop whining here in the thread about how you're supposedly being screwed.
I think the way Jaymes is running this business constitutes disregard for the investors to the point of "screwing us" over.
For example we have not heard back from Jaymes about doing anything about the excessive inflation going on. The market is getting flooded with coins, devaluing the investors share, but nothing is done because the store can still make money.
The investors funded the store. Jaymes and the store are making money using those funds, while the investors are losing money. If the people running GPUCoin do not take action to help the investors make back their money then they are screwing the investors over.
And on top of that Jaymes and the GPUCoin store refuse to release information about what is happening to the money. They refuse to disclose how much of the profit they are going to keep and how much will be used to help grow the store. They refuse to disclose what happened to the funds in the first place, which is odd.
If this was a real IPO then GPUCoin would be held accountable. Courts have ruled that investors were entitled to a refund for their IPO investment if the company did not practice full disclosure to prove where the funds were being spent.
I think that most coins are doing something essentially illegal by selling "investment into an IPO" in the form of a coin payout. Legally companies holding IPOs have to follow a number of rules, as IPOs are regulated. Most coins are selling investment into 'fake IPOs' and I am curious to see if there are any legal problems because of this. Personally I think it is misleading.
This is my opinion.
Opinions are like assholes, everyone has one! Sell your coins and get out, but for god's sake, stop complaining about IPO, investment, blah, blah, blah.