mcxNOW Fee shares : Cryptocurrency daily earnings - page 3.

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: TheFuneral on September 16, 2013, 04:45:45 PM

Why must one break even on the share for it to be of value?

You have a clean negative bias towards the developer and are taking it out on the product clearly. At least be smarter about your direct bashing.

Are the shares currently over-priced? Yes. That's because those buying them are speculating an increase in volume in the future and are willing to take the risk of doing so. At this point you're either jealous or just hate RS. Either are valid, but neither help progress anything.

What is the purpose of a share? To make money. These shares will never make back the original investment. Therefore, they are a poor investment.

This isn't complicated.

TheFuneral

sr. member

Activity: 356

Merit: 250

Quote from: Hazard on September 16, 2013, 07:14:49 AM

I'd also like to point out how awful a value the fee shares are right now, the exchange would need $300,000,000 in total volume to break even on a share.

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.

Do you trust an exchange that it's own operator does not trust?

Why must one break even on the share for it to be of value?

You have a clean negative bias towards the developer and are taking it out on the product clearly. At least be smarter about your direct bashing.

Are the shares currently over-priced? Yes. That's because those buying them are speculating an increase in volume in the future and are willing to take the risk of doing so. At this point you're either jealous or just hate RS. Either are valid, but neither help progress anything.

shakezula

sr. member

Activity: 308

Merit: 250

Quote from: Hazard on September 16, 2013, 09:11:02 AM

Quote from: shakezula on September 16, 2013, 08:48:44 AM

Quote from: Hazard on September 16, 2013, 07:14:49 AM

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.

That would defeat the purpose of having shares in the first place...

If RS thought his exchange would be around for many years to come, he would not be selling shares. He would be keeping them. That tells you how confident he is in his own exchange.

This reminds me of when ASICMiner sold their 10 first blades, and people went insane and started bidding over $8000 a unit. Why would they sell something that was basically printing them money? Because they knew that avalon chips were about to go on the market, and they had already developed their nextgen ASICs. It is unlikely that those who foolishly purchased one of their blades recooped even 20% of their initial investment.

In other words, the present value of these shares is far more than the shares themselves will ever generate. You are all getting fucked over. Mark my words.

This is an interesting point of view, and part of me agrees that the mcxFEE shares are somewhat over-valued considering their age. I don't know how anyone's getting "fucked" though if they are spending their $$ willingly. Caveat emptor on ALL of these damn coins and services--that said, to me, my .5 investment in shares was worth it (as was my 3,000,000 DVC pass through ASICMINER investment).

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

That isn't to say people can't buy whatever they want. I'm not about dictatorship. I believe in the free markets and people can buy or sell whatever they want at whatever price they want, but I also look at track records and RS/CH doesn't have a clean track record.

Hazard

legendary

Activity: 980

Merit: 1000

My point exactly.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Anyone else notice that the market cap of his "shares" is 45,000 BTC?

For a few week old stock that is pretty overpriced in my view. Their daily traded volume total on all coins traded is ~400 to 800 BTC.

And that is on a good day.

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: shakezula on September 16, 2013, 08:48:44 AM

Quote from: Hazard on September 16, 2013, 07:14:49 AM

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.

That would defeat the purpose of having shares in the first place...

If RS thought his exchange would be around for many years to come, he would not be selling shares. He would be keeping them. That tells you how confident he is in his own exchange.

This reminds me of when ASICMiner sold their 10 first blades, and people went insane and started bidding over $8000 a unit. Why would they sell something that was basically printing them money? Because they knew that avalon chips were about to go on the market, and they had already developed their nextgen ASICs. It is unlikely that those who foolishly purchased one of their blades recooped even 20% of their initial investment.

In other words, the present value of these shares is far more than the shares themselves will ever generate. You are all getting fucked over. Mark my words.

shakezula

sr. member

Activity: 308

Merit: 250

Quote from: Hazard on September 16, 2013, 07:14:49 AM

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.

That would defeat the purpose of having shares in the first place...

Hazard

legendary

Activity: 980

Merit: 1000

I'd also like to point out how awful a value the fee shares are right now, the exchange would need $300,000,000 in total volume to break even on a share.

By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.

Do you trust an exchange that it's own operator does not trust?

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: drummerjdb666 on September 14, 2013, 06:41:58 PM

Quote from: laughingbear on September 14, 2013, 10:23:18 AM

Quote from: smoothie on September 14, 2013, 01:48:43 AM

Quote from: ?? on ??

RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.

RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.

RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.

RS is also a guy that is a literal "ghost".

He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?

~BCX~

Perhaps RS should reveal his identity? No?

I have in good faith revealed mine. Just something to instill trust.

Keep in mind that if he hasnt revealed his identity he could vanish with all of your coins/shares/etc and likely you may not find him.

we will keep a spot open for you.

+1 he was on earlier today! =)

Wonder if he bought any share? Wink

Nope that was not me. I was informed that an imposter with the same username "Smoothie" on mcxNow.com has been impersonating me.

I do not have any intentions on EVER using RealSolid's site.

Hazard

legendary

Activity: 980

Merit: 1000

Quote from: ?? on ??

RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.

RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.

RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.

RS is also a guy that is a literal "ghost".

He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?

~BCX~

Don't waste your time, the drones don't want to hear facts.

This is about to be one of the biggest bitcoin heists in history. This is pirateat40 all over again.

joeperry

sr. member

Activity: 2296

Merit: 470

Telegram: @jperryC

Hi, I started an account today

My surprise was that It shows an interest rate over Litecoins of 1531% at year in estimate annual rate.

I´ve received two payments and this must be wrong, even if I keep my litecoins all year, and interest make profit of interest.

My own calculations about this, make an interest of 60% at year, it is a pretty penny, but far from the calculations made in the web.

Thx for your remarks

drummerjdb666

full member

Activity: 244

Merit: 101

Quote from: laughingbear on September 14, 2013, 10:23:18 AM

Quote from: smoothie on September 14, 2013, 01:48:43 AM

Quote from: ?? on ??

RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.

RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.

RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.

RS is also a guy that is a literal "ghost".

He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?

~BCX~

Perhaps RS should reveal his identity? No?

I have in good faith revealed mine. Just something to instill trust.

Keep in mind that if he hasnt revealed his identity he could vanish with all of your coins/shares/etc and likely you may not find him.

we will keep a spot open for you.

+1 he was on earlier today! =)

Wonder if he bought any share? Wink

laughingbear

hero member

Activity: 622

Merit: 500

www.cryptobetfair.com

Quote from: smoothie on September 14, 2013, 01:48:43 AM

Quote from: ?? on ??

RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.

RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.

RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.

RS is also a guy that is a literal "ghost".

He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?

~BCX~

Perhaps RS should reveal his identity? No?

I have in good faith revealed mine. Just something to instill trust.

Keep in mind that if he hasnt revealed his identity he could vanish with all of your coins/shares/etc and likely you may not find him.

we will keep a spot open for you.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: notyep on September 14, 2013, 06:40:08 AM

Quote from: leif1981 on September 14, 2013, 06:29:45 AM

My god
mcxfee is so crazed

And its crazy not to buy it.

So says the long-term RS/CH/MC/SC cheerleader who prefers not to answer direct questions but attack the person asking the questions.

Aren't you the same guy who posted this:

https://bitcointalksearch.org/topic/m.862647

And to date it still isn't finished?

Quote from: notyep on April 21, 2012, 03:16:01 PM

Mark your calendars folks... On May 10th, MicroCash will be introduced and will showcase some of the most advanced technology ever for a currency/system. Don't miss out as MicroCash positions itself to change the concept of banking and currency transaction forever.

notyep

member

Activity: 76

Merit: 10

Quote from: leif1981 on September 14, 2013, 06:29:45 AM

My god
mcxfee is so crazed

And its crazy not to buy it.

leif1981

newbie

Activity: 29

Merit: 0

My god
mcxfee is so crazed

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: ?? on ??

RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.

RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.

RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.

RS is also a guy that is a literal "ghost".

He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?

~BCX~

Perhaps RS should reveal his identity? No?

I have in good faith revealed mine. Just something to instill trust.

Keep in mind that if he hasnt revealed his identity he could vanish with all of your coins/shares/etc and likely you may not find him.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: laughingbear on September 14, 2013, 01:27:36 AM

Im not calling you out here smoothie, nor am i going to argue with you.

i was referring to novacoin.

Hmm well, in essence I can't say I know that Balthazar owns his own exchange for novacoin right?

Hence it doesnt match what I was asking for.

laughingbear

hero member

Activity: 622

Merit: 500

www.cryptobetfair.com

Im not calling you out here smoothie, nor am i going to argue with you.

i was referring to novacoin.

Topic: mcxNOW Fee shares : Cryptocurrency daily earnings - page 3. (Read 19587 times)