Bter's Warning about Crypti

[Jedelqu]

 Investor risk notice: More than 100BTC has been invested in Crypti on Bter.com. Invest with caution!

https://bter.com/trade/CRSALE_BTC

[cozk]

what ?

[2794753943]

crypti, why 5000btc? why 1 btc for 1 stake? I think it's just a joke

[cryptozim]

Stop investing in the coin I like! You're diluting my dump opportunity!!

[mnporter2001]

120BTC now invested, and only 1 person selling, it all looks wrong to me 

As OP has posted be careful on this one !

[cryptozim]

120BTC now invested, and only 1 person selling, it all looks wrong to me 

As OP has posted be careful on this one !

FUD Alert!! It's a fucking pre-sale. Bter is selling it directly. As a placeholder, 1BTC=1share. You can buy partial shares with partial BTC. Once the pre-sale is done, Crypti will be divvy'd up

[Jedelqu]

Investor risk notice: More than 200BTC has been invested in Crypti on http://Bter.com  in 2 days. Please invest with caution!


https://twitter.com/btercom/status/487506672462475264

[saamxx]

Investor risk notice: More than 200BTC has been invested in Crypti on http://Bter.com  in 2 days. Please invest with caution!


https://twitter.com/btercom/status/487506672462475264

Fucking morons
That's the standart notification as required by chinese regulators, like smoke warnings on sigarettes box

[profitofthegods]

I think I'd prefer it the other way around - put a warning up if less than 10BTC or something had been invested, telling you that you may be putting your money into something that everyone else thinks is ridiculous.

I know more investment means a diluted share, but it also means more money for the developers to actually make the thing work and to promote it, and signifies that a lot of people think its worth putting money into. As far as I can tell, the more money people have invested the less risky it looks (unless of course you are just looking for obscure IPOs in the hope that others will hear about it too late and you can dump as soon as you get the chance to sell, but surely they can't expect that to be the standard approach of the majority of people?).