Yup this IPO was utter BS. Was online at the exact right time and it was instantly sold out (couldn't buy 1 share).
And now there are idiots paying 20x the IPO value, wow...
Topic: SANDSTORM: - A Collective Investment Vehicle for BTC. - - page 9. (Read 35774 times)
nay-nay... not good to publish 19.000 shares with a limit of 10.000 pro person.
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
exactly, this whole thing kinda went to shit, I would say some more IPO offerings will need to happen...with better limitations, etc. But idiots will still trade at a much higher amount and people will keep buying them to loose their money
+1 yea another 100.000 of share should be available at 0,001 with a limit of 2000 or sth. per Person
nay-nay... not good to publish 19.000 shares with a limit of 10.000 pro person.
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
exactly, this whole thing kinda went to shit, I would say some more IPO offerings will need to happen...with better limitations, etc. But idiots will still trade at a much higher amount and people will keep buying them to loose their money
nay-nay... not good to publish 19.000 shares with a limit of 10.000 pro person.
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
in the fact, IPO was sold out not only in 5 seconds but in 8-9 orders - one was for 10k - almost the whole initial offer...
correct me if im wrong.
so who wonders why price is(was) driven high?
sure price will settle down, but literally 5-6 people have made 20x profit in seconds and the rest - lost the same
brain is a good thing to have, lol
Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.
The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.
No need to apologize. It was right there, black and white, what the offering price was at. You have no control over the idiots who are about to have their asses handed to them. I'm heavily interested in doing an investment, but not at these prices. I'll wait for it to come down to the initial price (which it will) and then I'll jump in.
and then will you sell to idiots for 25% profit, or more?
The price will eventually settle down once the initial frenzy dies. I imagine that any future shares will be sold near the recent trading price, once that's established.
Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.
The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.
No need to apologize. It was right there, black and white, what the offering price was at. You have no control over the idiots who are about to have their asses handed to them. I'm heavily interested in doing an investment, but not at these prices. I'll wait for it to come down to the initial price (which it will) and then I'll jump in.
and then will you sell to idiots for 25% profit, or more?
jmutch, any of your 40k share will be / are availlable to buy ?
Do you have any idea when new share IPO may occur ? at what price ?
Quote
Once the company has reached a mature stage, where the abilities of the company have been proven, further public offerings of 100,000 shares at a time will be issued to raise further capital.
There will no more than 1,000,000 shares issued in the long term.
There will no more than 1,000,000 shares issued in the long term.
Do you have any idea when new share IPO may occur ? at what price ?
Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.
The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.
No need to apologize. It was right there, black and white, what the offering price was at. You have no control over the idiots who are about to have their asses handed to them. I'm heavily interested in doing an investment, but not at these prices. I'll wait for it to come down to the initial price (which it will) and then I'll jump in.
Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.
The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.
Last post and I'm off to bed. To everyone who contributed in making this the most hilarious spectacle I've seen on Havelock yet:
Just set a low buy, and I'm off to bed. Good night!
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.
indeed, it was written in char 72, bold, underlined, those who would acheive to buy at IPO price would do at least 10X within minutes !
I've try to, did'nt succeed to buy.. seems my ping is'nt fast enought
I didn't say that, with such a tiny IPO and max investment per person over half of what was available I figured an instant 10-20% was more then doable. I absolutely didn't expect what happened, but I guess never under estimate the stupidity of people.
Looks like people are starting to see the error of their ways. Down to .003 as I am typing this.
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.
indeed, it was written in char 72, bold, underlined, those who would acheive to buy at IPO price would do at least 10X within minutes !
I've try to, did'nt succeed to buy.. seems my ping is'nt fast enought
aaaaand it's gone. 0.00333
Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
what are you talking about
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.
Looks like we got ourselves a smartass here...
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.
1. start IPO
2. buy all the shares
3. push value from 100BTC to 2000BTC
4.
5. PROFIT
2. buy all the shares
3. push value from 100BTC to 2000BTC
4.
5. PROFIT
It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.
Hopefully this will dissuade people from investing without doing due diligence.
Hopefully this will dissuade people from investing without doing due diligence.
That's the spirit! Throw some FUD on the grill.
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