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Title: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: El Dude on March 10, 2014, 03:59:31 AM https://www.google.ca/finance?q=bitcoin&ei=SjgdU-D9H4i5qAHZYQ
Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: joesmoe2012 on March 10, 2014, 04:00:57 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name.
Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: El Dude on March 10, 2014, 04:02:15 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name. because when you type in bitcoin , thats what pops up. Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Swordsoffreedom on March 10, 2014, 04:04:10 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name. HAH That is a good one I should have listed as Bitcoin Wonder how that got through the regulators (Either way it did the exact opposite of bitcoin cliff downwards) So guys a question Would you buy Bitcoin ;) Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: joesmoe2012 on March 10, 2014, 04:06:24 AM Down 40+% on friday, doesn't seem to be doing so great.
±50mil market cap. Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Phinnaeus Gage on March 10, 2014, 04:15:17 AM https://www.google.ca/finance?q=bitcoin&ei=SjgdU-D9H4i5qAHZYQ As I shown in some other thread, the company was ONLY based on fluff. Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Alley on March 10, 2014, 04:15:42 AM The shop itself doesn't sell much of anything.
Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Bit_Happy on March 10, 2014, 04:20:34 AM Bitcoin Shop Inc is here
https://www.bitcoinshop.us/ It's a BTC site Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: LostDutchman on March 10, 2014, 04:27:30 AM Pump and dump anyone?
My $.02. ;) Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Bit_Happy on March 10, 2014, 04:31:28 AM How do you prove that Pump and dump exists?
Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: killinitsoftly on March 10, 2014, 04:38:53 AM How do you prove that Pump and dump exists? You can't, you can follow trends though. That's how pump/dumps are illustrated, right. Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: joesmoe2012 on March 10, 2014, 04:59:51 AM Bitcoin Shop Inc is here https://www.bitcoinshop.us/ It's a BTC site Not the same though. The publicly traded company we are talking about appears to manufacture touch screens or something like that. Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: alani123 on March 10, 2014, 05:01:30 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name. because when you type in bitcoin , thats what pops up. Who buys stocks based on google searches? Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: joesmoe2012 on March 10, 2014, 05:02:56 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name. because when you type in bitcoin , thats what pops up. Who buys stocks based on google searches? Likely people who buy alot of alt-coins Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: El Dude on March 10, 2014, 05:19:25 AM Seems like it hasn't anyting to do with bitcoin at all, i wonder why they chose that name. because when you type in bitcoin , thats what pops up. Who buys stocks based on google searches? it happened when twitter went IPO people confused it with a penny stock with a similar symbol that stock then skyrockted http://www.forbes.com/sites/steveschaefer/2013/10/08/after-twitter-driven-pop-tweeter-stock-flops-with-new-ticker-symbol/ Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: StarfishPrime on March 10, 2014, 05:28:57 AM Bloomberg did an interview with the CEO. It was a reverse acquisition of a listed shell or something like that if I recall, but it is the first publicly listed bitcoin firm apparently.
Anyway I'm upgrading it from SELL to HODL Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: joesmoe2012 on March 10, 2014, 05:36:23 AM Bloomberg did an interview with the CEO. It was a reverse acquisition of a listed shell or something like that if I recall, but it is the first publicly listed bitcoin firm apparently. Anyway I'm upgrading it from SELL to HODL Im not going to touch it unless I know some actual information about what they do... Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: mysidia on March 10, 2014, 05:37:11 AM it happened when twitter went IPO people confused it with a penny stock with a similar symbol that stock then skyrockted http://www.forbes.com/sites/steveschaefer/2013/10/08/after-twitter-driven-pop-tweeter-stock-flops-with-new-ticker-symbol/ Indeed, FINRA halted trading on TWTRQ, so they probably guaranteed an early loss for those folks, then a couple days later, halted trades and quotations for ALL OTC stocks -- the entire OTC market for a few days. TWTRQ was forced to change their ticker symbol, because of Twitter idiots. Then in January, after Google's acquisition of NEST..... Penny stock Nestor spiked over 1900% http://www.latimes.com/business/technology/la-fi-tn-google-nest-nestor-penny-stock-1900-20140117,0,3679837.story#axzz2vXEQeyTx Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: Swordsoffreedom on March 11, 2014, 05:53:05 AM it happened when twitter went IPO people confused it with a penny stock with a similar symbol that stock then skyrockted http://www.forbes.com/sites/steveschaefer/2013/10/08/after-twitter-driven-pop-tweeter-stock-flops-with-new-ticker-symbol/ Indeed, FINRA halted trading on TWTRQ, so they probably guaranteed an early loss for those folks, then a couple days later, halted trades and quotations for ALL OTC stocks -- the entire OTC market for a few days. TWTRQ was forced to change their ticker symbol, because of Twitter idiots. Then in January, after Google's acquisition of NEST..... Penny stock Nestor spiked over 1900% http://www.latimes.com/business/technology/la-fi-tn-google-nest-nestor-penny-stock-1900-20140117,0,3679837.story#axzz2vXEQeyTx Just goes to prove that some people are idiots and throw money when they shouldn't Unless they speculated Still might be worth a few bucks see if people fall for that fallacy with Bitcoin the Google Search stock lol Title: Re: I wonder how many people bought this stock thinking they we're buying bitcoin Post by: BittBurger on March 11, 2014, 06:03:48 AM Bloomberg did an interview with the CEO. It was a reverse acquisition of a listed shell or something like that if I recall, but it is the first publicly listed bitcoin firm apparently. Anyway I'm upgrading it from SELL to HODL Im not going to touch it unless I know some actual information about what they do... Nobody in this thread has done any research on it? Bitcoin Shop, Inc. operates an ecommerce website (www.bitcoinshop.us) where consumers can purchase products using virtual currency such as Bitcoin, by searching through selection of over 400 categories and over 140,000 items. Who said the shop itself doesnt sell much? 140,000 items .... all in Bitcoin. They're going for the "Amazon.com of Bitcoin" title ... by reselling as many things as possible. All Bitcoin stocks are "new" and base priced, and just starting. To my knowledge there are only 4 companies so far: WPCS $1.76 eTrade for Bitcoin, Limit/Stop Orders, Use any exchange. BTCS $1.80 Amazon.com of Bitcoin purchases. Over 100,000 products. MYRY $0.04 CryptoCafe.com - Spend any cryptocurrency with phone. SMME $0.21 Biometric Fingerprint-secured Bitcoin Credit Cards. |