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Topic: [mcxFEE]How fuck this coin is! - page 2. (Read 5610 times)

erk
hero member
Activity: 826
Merit: 500
September 26, 2013, 09:14:56 PM
#27
Obviously this stock is manipulated.
Proof?
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
September 26, 2013, 09:07:21 PM
#26
Obviously this stock is manipulated.
erk
hero member
Activity: 826
Merit: 500
September 26, 2013, 09:01:25 PM
#25

Seriously, mcxNOW is now valued at $12,000,000...
And your buddy RS has only managed to monetize 5%...
A measly 5% @ 0.1 BTC  = $60,000.

This is for an exchange that is GROSSING maybe 3 BTC/day.

There is only one possible move here = you keep things running smoothly.

Then you either sell more shares to the public...
Or sell the whole exchange to another party.


There is a flaw in this calculation, not every share was sold at the same price, the owner could not suddenly dispose of his shares without destroying the price, so the $12mill figure at this point is a pipe dream.




Man, people have been very creative in this new and "innovative" space. What about let's make a new coin, keep all for ourselves in some fictitious project like becoming the greatest way of buying thing, like ripple, then issue shares to the public? Grin Grin
mcxFEE is not a coin, there is no client for it, it's simply a dividend paying share of the mcxNOW exchange, just like stock market exchanges offer, any crypto exchange could offer the same. You seem to be having a problem with this basic concept. I see nothing wrong with the idea, as long as the remaining 45k shares on offer, get released slowly over time so as not to crash the price.
hero member
Activity: 1073
Merit: 666
September 26, 2013, 08:57:02 PM
#24
Man, people have been very creative in this new and "innovative" space. What about let's make a new coin, keep all for ourselves in some fictitious project like becoming the greatest way of buying thing, like ripple, then issue shares to the public? Grin Grin
erk
hero member
Activity: 826
Merit: 500
September 26, 2013, 08:41:12 PM
#23
mcxFEE has the biggest buy order book atm, but Solidcoin is not far behind. The sum of the other coins order books exceeds mcxFEE, so it's just fotm most likely. An interesting experiment by mcxNOW well worth watching.

 

member
Activity: 114
Merit: 10
September 24, 2013, 04:45:34 PM
#22
the question should rather be : WHY XPM? Because there is no innovation.


You seem to have something personal against Primecoins. It is one of very few coins that actually do have some innovation.


Now, whether it will be successful or not is another matter. We will just have to wait and see.
sr. member
Activity: 280
Merit: 250
September 24, 2013, 04:13:02 PM
#21
I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.

People are just buying it because it keeps going up in price. AKA bubble.

If you work out the dividends even 0.3 is overpriced compared to other Bitcoin stocks out there.

Don't get me wrong, obviously I would have loved to have gotten in at 0.2 but people buying now are simply not being analytical.

It's not about the dividends... it's about the trading...
It's just a fabulous thing to trade if you know what you are doing.

There are 5,000 shares outstanding... daily volume = 1,000.

I've done about 100 trades... position = 0

If RS allows shorting the volume with go up...
No even better... RS should build a simple mcxFEE futures market...
Volume will go thru the roof.
full member
Activity: 186
Merit: 100
September 24, 2013, 04:11:28 PM
#20
It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.

Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC.

 Cheesy

So his entire supply of shares is worth ~99,100 BTC. Which is again laughable.

You can't measure it this way. Right now it is being seen as a game - people are buying/selling to make money. I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.

The greater fool theory at work, Sir.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
September 24, 2013, 03:45:30 PM
#19
I got in (a little) at BTC0,285 but sold out too soon. Now waiting for the bubble to pop. Grin
legendary
Activity: 1260
Merit: 1001
September 24, 2013, 03:43:18 PM
#18
I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.

People are just buying it because it keeps going up in price. AKA bubble.

If you work out the dividends even 0.3 is overpriced compared to other Bitcoin stocks out there.

Don't get me wrong, obviously I would have loved to have gotten in at 0.2 but people buying now are simply not being analytical.
legendary
Activity: 1050
Merit: 1000
September 24, 2013, 03:28:20 PM
#17
It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.

Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC.

 Cheesy

So his entire supply of shares is worth ~99,100 BTC. Which is again laughable.

You can't measure it this way. Right now it is being seen as a game - people are buying/selling to make money. I doubt anybody buying at 0.99 is thinking fondly of all the upcoming dividends.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 24, 2013, 02:18:07 PM
#16
It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.

Which is why I tell the pumpers to pump it up more. The higher it goes the harder it will fall. It is laughable that 1 mcxFEE share is 0.991 BTC.

 Cheesy

So his entire supply of shares is worth ~99,100 BTC. Which is again laughable.
full member
Activity: 224
Merit: 100
September 24, 2013, 02:05:02 PM
#15
YEP, looks like it's setting up for a big big fall down to reality.  Get ready to buy shares at .3 again soon. 



a paranoid, bi-polar, person....who safe guards your money!


he will, because he promised...


How do I know this isn't just FUD?


~BCX~

Seriously, mcxNOW is now valued at $12,000,000...
And your buddy RS has only managed to monetize 5%...
A measly 5% @ 0.1 BTC  = $60,000.

This is for an exchange that is GROSSING maybe 3 BTC/day.

There is only one possible move here = you keep things running smoothly.

Then you either sell more shares to the public...
Or sell the whole exchange to another party.


legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
September 24, 2013, 02:03:19 PM
#14
It's a nice exchange, but the mcxFEE shares are WAY over priced. There's so much speculation built into the asking price right now that it's going to be pretty harsh for some people when RS releases more shares.
sr. member
Activity: 280
Merit: 250
September 24, 2013, 01:59:23 PM
#13
a paranoid, bi-polar, person....who safe guards your money!


he will, because he promised...


How do I know this isn't just FUD?


~BCX~

Seriously, mcxNOW is now valued at $12,000,000...
And your buddy RS has only managed to monetize 5%...
A measly 5% @ 0.1 BTC  = $60,000.

This is for an exchange that is GROSSING maybe 3 BTC/day.

There is only one possible move here = you keep things running smoothly.

Then you either sell more shares to the public...
Or sell the whole exchange to another party.

sr. member
Activity: 280
Merit: 250
September 24, 2013, 01:48:48 PM
#12
lol, subject made me laff....we have no fucks to give Cool

You are wrong.

How fuck is this coin? As fuck as you want it to be, man.
full member
Activity: 145
Merit: 100
September 24, 2013, 12:47:04 PM
#11
I think you know.

the question is, do THEY know...
full member
Activity: 194
Merit: 100
September 24, 2013, 12:24:54 PM
#10
lol, subject made me laff....we have no fucks to give Cool
full member
Activity: 145
Merit: 100
September 24, 2013, 12:01:20 PM
#9
a paranoid, bi-polar, person....who safe guards your money!


he will, because he promised...
member
Activity: 84
Merit: 10
September 24, 2013, 11:29:23 AM
#8
mcxFEE is not a coin, it is a share of mcxNOW exchange which you buy.

Actually XPM does goes up too. You just need to be there at the right time.
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