Bitcoin Forum

Noticed a new IPO went up on Havelock today. Might be too early to tell, but what do you guys think of it? I haven't found too much on the company from looking on their site and reading what they put out on Havelock, and am uncertain as to how they plan on running things.

Maybe I'm misreading it, but it looks like they want to build an incubator for crypto businesses.

Incubators are tricky to get right. It's a tough model, there's lots of general competition, and not that many (relatively) new crypto businesses (i.e. maybe less selection to choose from, and possibly as a result less good opportunities).

They're also trying to raise the equivalent of $5 million. Two years ago that was easy on Havelock, but I'm not so sure about it today.

I'm going to wait and see personally, and do some more research. Maybe call them as well.

It looks like this thread is relevant: https://nxtforum.org/asset-exchange-general/barter-nxt/?PHPSESSID=phnc5uqpo2k63gqam4u592nk76

I don't really understand the business model - some sort of hybrid of barter exchanges, but taking equity in companies. It's probably relatively inexpensive to run, but my gut feel is that it's harder to scale something like that than they're anticipating.

Nice, didn't see that before. Looking at it's listing on coinsortium, it seems to be around 11% annual yield off the dividends, but at least the dividends have been consistent. And there are very few buy/sell orders, which doesn't look too great either. But then again, I've never used the site so I don't know it's traffic or how Barter compares to the other stocks in that respect.

any ideas if that pietilagroup running the show is somehow related to risto?

Didn't notice that earlier, but given the name, it may be possible. Or that's just what the want us to think  :D

Havelock doesn't have a very good track record vis a vis the offerings they will host. I don't think they vet anything at all.

Not too sure about this BTR, cant find any info either. Its just too far past the point where anything might bring profits. BTR might be honest and try to do what they promise, I still have no faith that that will allow them to succeed.

There is no btc security that I would risk any money on. That's all I can say. You might be more optimistic, or even willing to take that huge a risk, but I am 100% sour on BTC securities. I would advise you to not invest, in anything, at all.

Why do you say that in terms of the securities? Too high of a risk, bad experience, scams? I do understand your concerns thought, especially when the amhash security went down. But at the same time, there are some i still have faith in, like the BDD security that's starting up another round on Havelock. We'll have to wait and see how things go

It's still technically a security, as that's what it is listed as. But yes, I understand what you mean by it being more so a game than a security. Then again, every investment is a gamble on something.

hi
i posses 4.86 btc of barter, quite happy of the return so far.

Does HaveLock hold something for security if the company goes down ?

Not entirely sure what you mean by that. Hold something for security for investors, or security for themselves?

Hey guys, just noticed this thread on barter.   The owner of Pitela group is a very stand up guy, and I met him when he listed these shares on Crypto-trade.com.  They went out, as did coinsortium, and could never settle to find a tradeable home till recently.   I help out with this company and run their fb page.   Barter ocf, is the page for now, as it is a name in progress.  (Well there already is a new name, but the details are being worked out now)   follow us on the FB page and keep up to date.  Ask any questions there and I will get back to you asap.

https://m.facebook.com/barterocf?ref=bookmarks

Why trading is not available for BTR on havelock !?