[HAVELOCK] SCRYPT mining project by CRYPTX my personal units for sale as IPO

spartan82

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Quote from: TheSmackDown on June 10, 2014, 06:58:36 PM

thanks just wanted to see what response would be.
i am fully confident that waiting a few months will actually more than double the share price as the mine develops similarly to the PETA mine. I knew it was a long term investment but then summer's hit and now realise be nice to hv some extra funds. i am defo gonna wait tho.

thanks for the discussion users

If you do change your mind anyhow and are looking to part with smaller batches ie, 100-200 shares at a time do let us know and we'll see what we can work out.

TheSmackDown

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Activity: 119

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thanks just wanted to see what response would be.
i am fully confident that waiting a few months will actually more than double the share price as the mine develops similarly to the PETA mine. I knew it was a long term investment but then summer's hit and now realise be nice to hv some extra funds. i am defo gonna wait tho.

thanks for the discussion users

spartan82

hero member

Activity: 658

Merit: 500

Quote from: seleme on June 10, 2014, 07:04:45 AM

Quote from: TheSmackDown on June 08, 2014, 02:06:56 PM

Well I hv tried to get the price I paid. And thanks for your advice. I will wait as the market develops. You can't buy that many shares on havelock without pushing price up. Similarly you say I can't sell without pushing price down.

The problem here is that you are trying to sell that and find buyers, not opposite. So pretty much only the pushing down side counts, if you want to get rid than you have to offer the price that might bring some joy for big buyer.

Either that or take your sweet ass time selling in lots of 50 or 100. That should take you a good couple of months to say the least anyway

seleme

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Duelbits.com

Quote from: TheSmackDown on June 08, 2014, 02:06:56 PM

Well I hv tried to get the price I paid. And thanks for your advice. I will wait as the market develops. You can't buy that many shares on havelock without pushing price up. Similarly you say I can't sell without pushing price down.

The problem here is that you are trying to sell that and find buyers, not opposite. So pretty much only the pushing down side counts, if you want to get rid than you have to offer the price that might bring some joy for big buyer.

fluffypony

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GetMonero.org / MyMonero.com

Quote from: TheSmackDown on June 09, 2014, 05:16:39 PM

i been trading a few years and due to prices increasing a lot last year i managed to accrue a tidy sum. but most of it lost to gox. i had a yubikey account and felt it was best to store my coins, and believed all marks playing down of any issues. i truly believe he is a scammer. and i did not read any bad press until too late.

i was happy to wait for a new high this year to then cash out my coins but yeah lost most to fatty mark.

You can blame "fatty mark" all you want, but Gox was not a bank. In fact, the entire foundation of Bitcoin rests on YOU staying in control of the bulk of your coins. Modern deterministic wallets like Electrum are lightweight, secure, and backed up by memorising a 12 word key. There is no excuse for leaving coins on an exchange with the possible exception of a small portion that is tied up in open orders.

spartan82

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People here don't understand that there are sufficient funds in the reinvestment wallet to grow this operation further. Selling at these low prices is ridiculous.

TheSmackDown

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Activity: 119

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i been trading a few years and due to prices increasing a lot last year i managed to accrue a tidy sum. but most of it lost to gox. i had a yubikey account and felt it was best to store my coins, and believed all marks playing down of any issues. i truly believe he is a scammer. and i did not read any bad press until too late.

i was happy to wait for a new high this year to then cash out my coins but yeah lost most to fatty mark.

TheSmackDown

member

Activity: 119

Merit: 10

thanks, what i don't get is how and why are people selling at such a loss? cryptx hv proved themselves a proper mining setup

AcoinL.L.C

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Quote from: TheSmackDown on June 08, 2014, 02:06:56 PM

Well I hv tried to get the price I paid. And thanks for your advice. I will wait as the market develops. You can't buy that many shares on havelock without pushing price up. Similarly you say I can't sell without pushing price down.

I guess 2 months is not so long to double your money on the mining shares, and hv a fair income each week. As far as I can see I am best to wait until the dividend doubles like on the other cyrptx mine, and then as the price of the units go up I will then sell. I was looking for a quick sell without fucking the market price or myself. I hv explained the situation fully and I am happy to wait.

Cryptx have proved themselves with their other mine and I wanted mining income each week without the hassle of trying to become a miner. After mtgox i am very jumpy some days leaving masses of coin anywhere and I overlooked the fact I may hv to hold the units for 2 months. Thats all. I am decent at currency trading and wanted a break with residual income.

If you say what you say. Cool matey, I will wait until the mine develops fully. Cryptx are not idiots or scammers as far as i can see.

Thanks,

TSD

How did you get 244 BTC?

And yes... Selling pushes the price down, especially in a quantity that large. You shouldn't assume the price will go back to what you paid for it. If you think the price will go up, you keep them, if you think the price will go down, you sell, regardless if that means your taking a loss. Better to take a small loss than a big loss. If 244 coins is all you have, its also best to not keep all your eggs in the same basket. Mining contracts / shares are notoriously tricky, lots of risk for little gain IMO. After you eventually cash out, I would suggest keeping your btc invested in a site such as Just-Dice, and would purchase a few RENT / CBTC shares and maybe a little bit of mining from PBMining. Cryptostocks are not very safe investments especially with large sums.

Hope it goes well for you

TheSmackDown

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Activity: 119

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I don't get it. To get coins clear in bitstamp to sell at the months high takes hours by which time peaks can be missed. thats not trading at intervals of 5 mins?

GT3000

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Quote from: TheSmackDown on June 08, 2014, 02:21:10 PM

But its a shame. All the conning form Karpeles to Brewster have made me very sceptical and wanting a break form trading 244 odd coins each week. Every time I log into bitstamp it basically tells me warning threat here, threat there. And they won't cover any hacking loss. How you supposed to store coins and trade them at crucial time if u must hv them locked off in paper wallets. Try redeeming and trading at the price u want without being late by 30mins.

In some ways, had enough. Dodgy fuckers everywhere.

TSD

Maybe you should trade at longer intervals than 5 minutes.

TheSmackDown

member

Activity: 119

Merit: 10

But its a shame. All the conning form Karpeles to Brewster have made me very sceptical and wanting a break form trading 244 odd coins each week. Every time I log into bitstamp it basically tells me warning threat here, threat there. And they won't cover any hacking loss. How you supposed to store coins and trade them at crucial time if u must hv them locked off in paper wallets. Try redeeming and trading at the price u want without being late by 30mins.

In some ways, had enough. Dodgy fuckers everywhere.

TSD

TheSmackDown

member

Activity: 119

Merit: 10

Well I hv tried to get the price I paid. And thanks for your advice. I will wait as the market develops. You can't buy that many shares on havelock without pushing price up. Similarly you say I can't sell without pushing price down.

I guess 2 months is not so long to double your money on the mining shares, and hv a fair income each week. As far as I can see I am best to wait until the dividend doubles like on the other cyrptx mine, and then as the price of the units go up I will then sell. I was looking for a quick sell without fucking the market price or myself. I hv explained the situation fully and I am happy to wait.

Cryptx have proved themselves with their other mine and I wanted mining income each week without the hassle of trying to become a miner. After mtgox i am very jumpy some days leaving masses of coin anywhere and I overlooked the fact I may hv to hold the units for 2 months. Thats all. I am decent at currency trading and wanted a break with residual income.

If you say what you say. Cool matey, I will wait until the mine develops fully. Cryptx are not idiots or scammers as far as i can see.

Thanks,

TSD

AcoinL.L.C

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Activity: 1036

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Quote from: TheSmackDown on June 07, 2014, 01:29:34 PM

Yes you may be right in saying that. But if you put large orders on the market the price will shoot up. The issue with the unit price at moment is lots of people sold at a loss, which I don't understand, without much demand as most already bought in like me . If you look at PETA mine, the units more than doubled in value after 2 or 3 months. And the dividend will increase to double what it is now.

Thanks for the feedback much appreciated, but I can't take a loss on it. I just need money at the moment which I ended up storing in the mine due to thinking bitstamp could get hacked. Its basically due to mtgox I thought it would be safer locking funds in the mine. I did not 100% think it through as I now will hv to wait months to be able to sell the units and use the BTC funds. If mtgox did not steal all my BTC then I would be happy to stay in the mine getting an income each week without having to do anything.

Your wisdom and suggestions are very much welcome. Thankyou.

TSD

Are you flat out stupid? No one cares if you take a loss on it, why would they take a guaranteed loss by purchasing from you? They can buy it cheaper on havelock, much more conveniently and quickly than having to get in touch with you and than pay a premium on top of it. You should never invest more than you can afford to lose. The fact that you claimed to have invested 234.85BTC (~$153,000) shows the current issue with BTC shares. People that have no clue how to invest their money are throwing huge sums around, just because its in BTC and not USD.

Units Outstanding 29438
Last Price ฿0.02699977

The fact that you own ~20% of this entire offering, will make selling these shares impossible without crashing the price. If you want to sell, fill all the buy orders above .024 and than set a sell wall at .024, might even need to discount further.

TheSmackDown

member

Activity: 119

Merit: 10

Yes you may be right in saying that. But if you put large orders on the market the price will shoot up. The issue with the unit price at moment is lots of people sold at a loss, which I don't understand, without much demand as most already bought in like me . If you look at PETA mine, the units more than doubled in value after 2 or 3 months. And the dividend will increase to double what it is now.

Thanks for the feedback much appreciated, but I can't take a loss on it. I just need money at the moment which I ended up storing in the mine due to thinking bitstamp could get hacked. Its basically due to mtgox I thought it would be safer locking funds in the mine. I did not 100% think it through as I now will hv to wait months to be able to sell the units and use the BTC funds. If mtgox did not steal all my BTC then I would be happy to stay in the mine getting an income each week without having to do anything.

Your wisdom and suggestions are very much welcome. Thankyou.

TSD

twentyseventy

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Activity: 1386

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Quote from: TheSmackDown on June 06, 2014, 05:21:39 PM

Dear Users,

I am loving my CRYPTX shares, very good investment in my view as when crypyx get going it will be a top and successful project similar to their PETA mine project which blossomed lovely. As they are professionals.

Thing is, I want to sell my shares as I want trade the btc, due to financial issues I can't have the BTC tied up for that long anymore.
So, I am offering my units as an IPO here. I assure you if you are able to wait a few months the units will be worth a tidy sum and will yield very well also. All the proof is there, and I am not liking to sell. But needs must.

Sale price is just what I paid on them no profit at 0.0385BTC, I have approx 6100 units for sale which can be purchased at once at the set price. If you try that amount on open market the price will shoot up faster than u can buy due to the asks that are set.

Pls reply and contact me if you are serious. I don't mind an escrow service but I am 100% legit and can provide havelock email and verification. I will want clear funds first and can transfer the units to your havelock account.

Thanks,

TSD

Hate to say it, but no one is going to purchase shares for far above the current market price. Especially if you have a large number of shares - normally this means that you'll be having to give an even bigger discount to get rid of the whole line.

TheSmackDown

member

Activity: 119

Merit: 10

Dear Users,

I am loving my CRYPTX shares, very good investment in my view as when crypyx get going it will be a top and successful project similar to their PETA mine project which blossomed lovely. As they are professionals.

Thing is, I want to sell my shares as I want trade the btc, due to financial issues I can't have the BTC tied up for that long anymore.
So, I am offering my units as an IPO here. I assure you if you are able to wait a few months the units will be worth a tidy sum and will yield very well also. All the proof is there, and I am not liking to sell. But needs must.

Sale price is just what I paid on them no profit at 0.0385BTC, I have approx 6100 units for sale which can be purchased at once at the set price. If you try that amount on open market the price will shoot up faster than u can buy due to the asks that are set.

Pls reply and contact me if you are serious. I don't mind an escrow service but I am 100% legit and can provide havelock email and verification. I will want clear funds first and can transfer the units to your havelock account.

Thanks,

TSD

Topic: [HAVELOCK] SCRYPT mining project by CRYPTX my personal units for sale as IPO (Read 1116 times)