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Topic: mcxNOW Fee shares : Cryptocurrency daily earnings - page 3. (Read 19564 times)

legendary
Activity: 980
Merit: 1000
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.
sr. member
Activity: 356
Merit: 250
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.
sr. member
Activity: 308
Merit: 250

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).
legendary
Activity: 2492
Merit: 1473
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.
legendary
Activity: 980
Merit: 1000
My point exactly.
legendary
Activity: 2492
Merit: 1473
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.

legendary
Activity: 980
Merit: 1000

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.

sr. member
Activity: 308
Merit: 250

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...
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?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper

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.  Smiley
legendary
Activity: 980
Merit: 1000

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.
sr. member
Activity: 2282
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
full member
Activity: 244
Merit: 101

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
hero member
Activity: 622
Merit: 500
www.cryptobetfair.com

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.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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?

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.  Smiley
member
Activity: 76
Merit: 10
My god
mcxfee is so crazed



And its crazy not to buy it.
newbie
Activity: 29
Merit: 0
My god
mcxfee is so crazed

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper

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.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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.
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.
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