Cryptostocks - Are they Still Relevant?

[sana54210]

Is the Cryptostocks platform still relevant?  I have heard that it is not as active as it used to be and that projects have shifted away from them.

I know of Havelock and NXT, but what are some of the other popular stock platforms available.

Most of them are scams and ponzis, beware of many so called crypto stocks that keep sprouting everywhere, better to buy and keep Bitcoins, it will outperform almost all the stocks over the course of the next few years Buy and hold Bitcoins instead of getting one of those crypto stocks

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[SebastianJu]

Is the Cryptostocks platform still relevant?  I have heard that it is not as active as it used to be and that projects have shifted away from them.

I know of Havelock and NXT, but what are some of the other popular stock platforms available.

Most of them are scams and ponzis, beware of many so called crypto stocks that keep sprouting everywhere, better to buy and keep Bitcoins, it will outperform almost all the stocks over the course of the next few years Buy and hold Bitcoins instead of getting one of those crypto stocks

When bitcoin price is falling huge each month then indeed its very easy to outperform all these securities that turn out to lose ALL your money at the end.

[digit]

Unless your investing in Cryptsy (https://cryptostocks.com/securities/57) almost everything else there is a scam.  Cryptsy still pay dividends but no longer the regular weekly payouts that they use to do.  Current price might good if you can work how much fees Cryptsy is taking and apply to the number of shares you own. (Each share represents 0.0002% of the trade fees collected.  For example, if Cryptsy collects 100 BTC in trade revenue, each share would receive 0.0002 BTC.)

[umair01]

most of them out there claiming to give out stocks are a scam, the owners are all anonymous and you don't know from whom you are buying stocks, they can run away at any  time with your money and there will be no trace that they ever existed, better to hold bitcoins is the best option that you have right now.

[crazyivan]

You might be able to find 1 or 2 gems out of the trash stocks listed there. My main concern though is the daily btc volume. It is extremely low making any significant investment hard to get out when u need to.

This. It does not look good for them. Havelock has got the same issue. After Amhash crashed, the volume s really low.

[SebastianJu]

most of them out there claiming to give out stocks are a scam, the owners are all anonymous and you don't know from whom you are buying stocks, they can run away at any  time with your money and there will be no trace that they ever existed, better to hold bitcoins is the best option that you have right now.

Though dezentralized exchanges are even worth on that topic. I guess at the end there has to be a trustworthy service that allows an issuer to verify himself. There is ardeva, i believe, though thats too automated since i think i have read problems with them. Not so sure.

At the end real people would get all details and check things out really. So that they can write up the things they made to ensure the trustworthiness of an issuer.

[CoinFriend]

Is the Cryptostocks platform still relevant?  I have heard that it is not as active as it used to be and that projects have shifted away from them.

I know of Havelock and NXT, but what are some of the other popular stock platforms available.

Interesting topic!

I am cryptostocks user, but for everyone who is not registered today i can't recommend the website!

The admin provides an exchange called VIRCUREX also.
Both sites are bad support and less/no maintenance. It seems that updates on cryptostocks are not processed for a longer period of time.
The people who offer shares by this website talk about problems to contact the owner of cryptostocks. The same counts as well for the users of the website.

At all cryptostocks has moved to a bad service, even when the idea of the site is very good.
There are only few reasons why i don't leave the site. First the cryptsy-exchange offers there fee-shares. And a hand full other projects listing seems interesting also. Like PM Poker for example. As well as a project which offers mining shares...

But for now, due to scam projects i have lost a lot BTC on this site.
I hope every day that not something bad happened with cryptostocks.
There is no guarantee! And there are no reactions from the owner.


And here is a list with all the projects which are offered on this website:
https://cryptostocks.com/securities

[chmod755]

Overstock is trying to do something in this section. I guess those cryptostocks could be used to get a small business started - however I'm pretty sure you'll have to comply with the same rules as a company that gets listed on OTC Markets with the benefit of OTC Markets having a good reputation. Some companies are listed on multiple exchanges so it might be possible to get listed on a traditional exchange AND issuing a cryptostock too.

http://www.wired.com/2015/04/overstock-files-offer-stock-works-like-bitcoin/