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Author Topic: SANDSTORM: - A Collective Investment Vehicle for BTC. -  (Read 35805 times)
Therealcos
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July 12, 2013, 05:15:25 AM
 #161

What if one guy bought ALL the left over IPO shares and is now pushing the price like crazy?
ThickAsThieves
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July 12, 2013, 05:15:38 AM
 #162

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.
Franktank
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July 12, 2013, 05:18:01 AM
 #163

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

Wake up?! They never went to sleep! Time to SELL SELL SELL!!
SoylentCreek
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July 12, 2013, 05:18:05 AM
 #164

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

People are stupid.  I have a feeling that my buy order will be met within the next day (if not hours) and people are going to flock to this forum crying at over how much they lost.  There is no way in hell this price is sustainable.

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
🏰 TradeFortress 🏰
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July 12, 2013, 05:18:30 AM
 #165

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.
SoylentCreek
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July 12, 2013, 05:19:56 AM
 #166

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

That's the spirit! Throw some FUD on the grill. Grin

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
keymone
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July 12, 2013, 05:21:33 AM
 #167

1. start IPO
2. buy all the shares
3. push value from 100BTC to 2000BTC
4. Huh
5. PROFIT
superbit
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July 12, 2013, 05:22:25 AM
 #168

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
Franktank
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July 12, 2013, 05:24:05 AM
 #169

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.

Looks like we got ourselves a smartass here...

 Grin
deadgiveaway
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July 12, 2013, 05:24:33 AM
 #170

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

what are you talking about
Therealcos
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July 12, 2013, 05:26:35 AM
 #171

aaaaand it's gone. 0.00333
DoomDumas
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July 12, 2013, 05:26:43 AM
 #172

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.

indeed, it was written in char 72, bold, underlined, those who would acheive to buy at IPO price would do at least 10X within minutes !

I've try to, did'nt succeed to buy.. seems my ping is'nt fast enought Wink
SoylentCreek
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July 12, 2013, 05:28:39 AM
 #173

Looks like people are starting to see the error of their ways.  Down to .003 as I am typing this.  

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
superbit
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July 12, 2013, 05:30:29 AM
 #174

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

What if you soul purpose of purchasing was the fact that your due diligence said this would happen with this IPO and your thought process was to hold it for less then 4 minutes.

indeed, it was written in char 72, bold, underlined, those who would acheive to buy at IPO price would do at least 10X within minutes !

I've try to, did'nt succeed to buy.. seems my ping is'nt fast enought Wink

I didn't say that, with such a tiny IPO and max investment per person over half of what was available I figured an instant 10-20% was more then doable.  I absolutely didn't expect what happened, but I guess never under estimate the stupidity of people.

https://bitfinex.com/?refcode=UInJLQ5KpA <-- leveraged trading of BTCUSD, LTCUSD and LTCBTC (long and short) - 10% discount on fees for the first 30 days with the refcode
My feedback thread: Forum thread
Therealcos
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July 12, 2013, 05:34:24 AM
 #175

Just set a low buy, and I'm off to bed. Good night!
SoylentCreek
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July 12, 2013, 05:38:32 AM
 #176

Last post and I'm off to bed.  To everyone who contributed in making this the most hilarious spectacle I've seen on Havelock yet:

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
jmutch (OP)
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July 12, 2013, 05:40:55 AM
 #177

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.

The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.
SoylentCreek
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July 12, 2013, 05:45:15 AM
 #178

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.

The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.

No need to apologize.  It was right there, black and white, what the offering price was at.  You have no control over the idiots who are about to have their asses handed to them.  I'm heavily interested in doing an investment, but not at these prices.  I'll wait for it to come down to the initial price (which it will) and then I'll jump in.

Was I helpful or insightful?  Feel free to say thanks! 1PuoasR1dYtNq9yYNJj9NreDAfLEzc3Vpe
DoomDumas
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July 12, 2013, 05:46:59 AM
 #179

jmutch, any of your 40k share will be / are availlable to buy ?

Quote
Once the company has reached a mature stage, where the abilities of the company have been proven, further public offerings of 100,000 shares at a time will be issued to raise further capital.
There will no more than 1,000,000 shares issued in the long term.

Do you have any idea when new share IPO may occur ?  at what price ?
deadgiveaway
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July 12, 2013, 05:47:03 AM
 #180

Why is this IPO live, and why are people paying 20x more than it's worth. Wake up people.

I've been announcing this IPO over the last week. "why are people paying 20x more than it's worth?" i have no idea.

It's OK, the people who are dumb enough to invest into this "investment vehicle" is dumb enough to to pay 20x IPO.

Hopefully this will dissuade people from investing without doing due diligence.

I can't take responsibility for other people actions. But I think saying that people are dumb to invest in Sandstorm is very unfair. I've been working hard on making profits for the early adopters over the last 6 weeks. If you'd follow this thread before all this happened you'd see that I've made legitimate trade decisions to increase the value of the Sandstorm units. Just not to the order of 20x.

The only way from here is forward. I'm sorry to anyone that made an error in judgement when buying units.

No need to apologize.  It was right there, black and white, what the offering price was at.  You have no control over the idiots who are about to have their asses handed to them.  I'm heavily interested in doing an investment, but not at these prices.  I'll wait for it to come down to the initial price (which it will) and then I'll jump in.

and then will you sell to idiots for 25% profit, or more?
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