Bitcoin Forum

Economy => Service Discussion => Topic started by: CryptoPanda on April 07, 2014, 03:54:38 PM



Title: Anyone buying cryptostocks?
Post by: CryptoPanda on April 07, 2014, 03:54:38 PM
Please share your experience with that.


Title: Re: Anyone buying cryptostocks?
Post by: howzar on April 07, 2014, 03:56:34 PM
What are cryptostocks?


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 07, 2014, 04:01:35 PM
https://cryptostocks.com/


companies can do IPO and users can buy shares

it's nasdaq for the crypto enthusiast I guess :)

Still wrapping my head around it though


Title: Re: Anyone buying cryptostocks?
Post by: cosmofly on April 07, 2014, 07:44:55 PM
All scams


Title: Re: Anyone buying cryptostocks?
Post by: ajw7989 on April 08, 2014, 01:26:48 AM
A lot of them look very fishy and sketchy but some are interesting. I too would like people's opinions on the more reliable ones.


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 08, 2014, 06:06:33 AM
What I don't understand is when you buy shares, how is guaranteed that you actually own part of the company/site and not just imaginary shares?


Title: Re: Anyone buying cryptostocks?
Post by: howzar on April 08, 2014, 12:06:18 PM
https://cryptostocks.com/


companies can do IPO and users can buy shares

it's nasdaq for the crypto enthusiast I guess :)

Still wrapping my head around it though


Ohh ive heard about those but they are risky as they are often scams..


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 08, 2014, 12:11:12 PM
Interesting. Do we have info for any confirmed scams already?


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 09, 2014, 01:06:40 PM
no?


Title: Re: Anyone buying cryptostocks?
Post by: vane91 on April 09, 2014, 06:31:14 PM
Sure they are safe if you know how to trade penny stocks...

collapse of the price every time btc goes up. check
offering dividends to pump the price etc. check
no liquidity. check

caveat emptor.

Disclosure. I'm heavy invested in JDBIF (https://cryptostocks.com/securities/11)


Title: Re: Anyone buying cryptostocks?
Post by: ajw7989 on April 09, 2014, 07:53:52 PM
Sure they are safe if you know how to trade penny stocks...

collapse of the price every time btc goes up. check
offering dividends to pump the price etc. check
no liquidity. check

caveat emptor.

Disclosure. I'm heavy invested in JDBIF (https://cryptostocks.com/securities/11)

you made pretty good money on that stock. I am not sure how valid that stocks looks and the dividend payout looks pretty bad. I decided to give cryptostocks a try recently and so far seems decent as long as you do some research.


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 10, 2014, 05:44:44 AM
Sure they are safe if you know how to trade penny stocks...

collapse of the price every time btc goes up. check
offering dividends to pump the price etc. check
no liquidity. check

caveat emptor.

Disclosure. I'm heavy invested in JDBIF (https://cryptostocks.com/securities/11)

what if the site just decides to not pay dividends ?


Title: Re: Anyone buying cryptostocks?
Post by: CryptoPanda on April 15, 2014, 05:51:55 AM
anyone else want to share?