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Author Topic: Huobi’s Fixed-Return Financial Product Sells Out in One Hour  (Read 819 times)
element6 (OP)
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September 03, 2014, 02:08:09 AM
 #1

http://www.coindesk.com/huobis-fixed-return-financial-product-sells-one-hour/

More information: https://www.bitvc.com/fund/come?lang=en

snoopware
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September 03, 2014, 02:33:50 AM
 #2

This kind of financial product selling out in one hour is not a good  sign,it may damage the market and cause unusual price fluctuation.
franky1
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September 03, 2014, 02:38:26 AM
 #3

lol love the sales pitch "fixed return - 1.2% per month - extra 0.2% bonus"

so much easier if they just say "2.8% profit at the end of term"

and seeing as its only 2000btc they are playing with, i dont see much of an issue trying to get 2.8% in 60 days. after all the price is swinging upto 10% a week anyway.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
element6 (OP)
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September 03, 2014, 02:51:55 AM
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This kind of financial product selling out in one hour is not a good  sign,it may damage the market and cause unusual price fluctuation.

Which aspect of this could cause damage to the market? Assuming there is no limit on their offer.
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