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Author Topic: VTX on Havelock rallying!  (Read 5058 times)
_mr_e (OP)
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July 05, 2013, 01:31:48 PM
 #1

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.
ThickAsThieves
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July 05, 2013, 01:39:33 PM
 #2

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.
nubbins
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July 05, 2013, 02:27:15 PM
 #3

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

Yeah, I lel'd when I saw the orderbook. I only wish I had put some shares for sale at 0.8, to get snapped up in the pump  Cry

No longer buying/selling Casascius coins. Beware scammers.
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nubbins
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July 05, 2013, 02:32:08 PM
 #4

I see much more upside potential for such a well run company with shares on the cheap.

I am holding my coins so that I can keep my investment in VTX ... VTX should have some very big news about their new merchent API that should send the shares flying so double yay for me.

On the plus side, now has never been a better time to scoop up more cavirtex shares on http://havelockinvestments.com.

It seems to be a very well run exchange which is exactly why I purchased company shares over @ havelockinvestments.com. They have plans to create a shorting engine and pay dividends on the interest so that should be very interesting.

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ThickAsThieves
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July 05, 2013, 02:32:42 PM
 #5

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

Yeah, I lel'd when I saw the orderbook. I only wish I had put some shares for sale at 0.8, to get snapped up in the pump  Cry

You can still sell at .6

Best way to squash a pump is to sell into it.
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July 05, 2013, 02:34:33 PM
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You can still sell at .6

Best way to squash a pump is to sell into it.

I think it'll get there eventually, just not yet. I'm holding  Smiley

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_mr_e (OP)
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July 05, 2013, 03:31:14 PM
 #7

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

What about it is a pump and dump? Have you read the prospectus? Have you read anything Joseph has said about their merchant API? Have you not noticed CaVirtex is the only remaining canadian exchange, raking in a ton in fees, and seem to have their ducks in a very solid row? Laying the ground work for business in Canada is no easy task and if their plan is to become a Canadian BitPay then I fail to see how holding these shares is not going to pay off. Especially when they have a dividend announcement coming this quarter.

Not only that but I see cavirtex shares going up when the price of btc goes down since they are not a dividend stock that pays out in btc like mining shares. Buying VTX is sort of like selling btc. The cheaper the btc price the more shares you can buy... I look at it as a hedge against falling btc prices with tremendous upside potential.
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July 05, 2013, 03:33:45 PM
 #8

I see much more upside potential for such a well run company with shares on the cheap.

I am holding my coins so that I can keep my investment in VTX ... VTX should have some very big news about their new merchent API that should send the shares flying so double yay for me.

On the plus side, now has never been a better time to scoop up more cavirtex shares on http://havelockinvestments.com.

It seems to be a very well run exchange which is exactly why I purchased company shares over @ havelockinvestments.com. They have plans to create a shorting engine and pay dividends on the interest so that should be very interesting.

Precious, thank you.

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_mr_e (OP)
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July 05, 2013, 03:36:34 PM
 #9

I see much more upside potential for such a well run company with shares on the cheap.

I am holding my coins so that I can keep my investment in VTX ... VTX should have some very big news about their new merchent API that should send the shares flying so double yay for me.

On the plus side, now has never been a better time to scoop up more cavirtex shares on http://havelockinvestments.com.

It seems to be a very well run exchange which is exactly why I purchased company shares over @ havelockinvestments.com. They have plans to create a shorting engine and pay dividends on the interest so that should be very interesting.

Precious, thank you.

Whatever, I truly believe everything I am saying here. The next big stock is not going to be another mining company. I have no plans to sell anytime soon.
ThickAsThieves
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July 05, 2013, 03:40:12 PM
 #10

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

What about it is a pump and dump? Have you read the prospectus? Have you read anything Joseph has said about their merchant API? Have you not noticed CaVirtex is the only remaining canadian exchange, raking in a ton in fees, and seem to have their ducks in a very solid row? Laying the ground work for business in Canada is no easy task and if their plan is to become a Canadian BitPay then I fail to see how holding these shares is not going to pay off.

Not only that but I see cavirtex shares going up when the price of btc goes down since they are not a dividend stock that pays out in btc like mining shares. Buying VTX is sort of like selling btc. The cheaper the btc price the more shares you can buy... I look at it as a hedge against falling btc prices with tremendous upside potential.

I read the prospectus before the IPO. I bought in and flipped my investment when the price doubled. You are late in that regard.

All exchanges carry risk of banks not wanting to deal with them, but in general I don't think VTX is a bad investment.

Your argument that VTX shares are a hedge against BTC/fiat value is wildly flawed, and not paying dividends doesn't help that in any way.
_mr_e (OP)
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July 05, 2013, 03:44:17 PM
 #11

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

What about it is a pump and dump? Have you read the prospectus? Have you read anything Joseph has said about their merchant API? Have you not noticed CaVirtex is the only remaining canadian exchange, raking in a ton in fees, and seem to have their ducks in a very solid row? Laying the ground work for business in Canada is no easy task and if their plan is to become a Canadian BitPay then I fail to see how holding these shares is not going to pay off.

Not only that but I see cavirtex shares going up when the price of btc goes down since they are not a dividend stock that pays out in btc like mining shares. Buying VTX is sort of like selling btc. The cheaper the btc price the more shares you can buy... I look at it as a hedge against falling btc prices with tremendous upside potential.

I read the prospectus before the IPO. I bought in and flipped my investment when the price doubled. You are late in that regard.

All exchanges carry risk of banks not wanting to deal with them, but in general I don't think VTX is a bad investment.

Your argument that VTX shares are a hedge against BTC/fiat value is wildly flawed, and not paying dividends doesn't help that in any way.

When the price of btc lost it's value from $140 to now... If the shares were still at 0.5 I could buy twice the btc with the same money and therefore twice the shares... The share price has clearly adjusted to compensate. The value of the company is not directly tied to the value of btc like a mining funds payout is. I'm not sure how that is flawed.
ThickAsThieves
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July 05, 2013, 03:49:09 PM
 #12

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

What about it is a pump and dump? Have you read the prospectus? Have you read anything Joseph has said about their merchant API? Have you not noticed CaVirtex is the only remaining canadian exchange, raking in a ton in fees, and seem to have their ducks in a very solid row? Laying the ground work for business in Canada is no easy task and if their plan is to become a Canadian BitPay then I fail to see how holding these shares is not going to pay off.

Not only that but I see cavirtex shares going up when the price of btc goes down since they are not a dividend stock that pays out in btc like mining shares. Buying VTX is sort of like selling btc. The cheaper the btc price the more shares you can buy... I look at it as a hedge against falling btc prices with tremendous upside potential.

I read the prospectus before the IPO. I bought in and flipped my investment when the price doubled. You are late in that regard.

All exchanges carry risk of banks not wanting to deal with them, but in general I don't think VTX is a bad investment.

Your argument that VTX shares are a hedge against BTC/fiat value is wildly flawed, and not paying dividends doesn't help that in any way.

When the price of btc lost it's value from $140 to now... If the shares were still at 0.5 I could buy twice the btc with the same money and therefore twice the shares... The share price has clearly adjusted to compensate. The value of the company is not directly tied to the value of btc like a mining funds payout is. I'm not sure how that is flawed.


It corrected all in one day? Interesting...
_mr_e (OP)
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July 05, 2013, 03:56:41 PM
 #13

Looks like it's finally broken out of the long triangle. CaVirtex should be getting ready to release their merchant API & partnerships soon as well as a shorting engine - I see them becoming a Canadian BitPay which will do wonders for these shares. I sold all my ASICminer to buy into VTX @ 0.5 because I see much more upside potential for such a well run company with shares on the cheap.

Looks like a pump and dump to me.

What about it is a pump and dump? Have you read the prospectus? Have you read anything Joseph has said about their merchant API? Have you not noticed CaVirtex is the only remaining canadian exchange, raking in a ton in fees, and seem to have their ducks in a very solid row? Laying the ground work for business in Canada is no easy task and if their plan is to become a Canadian BitPay then I fail to see how holding these shares is not going to pay off.

Not only that but I see cavirtex shares going up when the price of btc goes down since they are not a dividend stock that pays out in btc like mining shares. Buying VTX is sort of like selling btc. The cheaper the btc price the more shares you can buy... I look at it as a hedge against falling btc prices with tremendous upside potential.

I read the prospectus before the IPO. I bought in and flipped my investment when the price doubled. You are late in that regard.

All exchanges carry risk of banks not wanting to deal with them, but in general I don't think VTX is a bad investment.

Your argument that VTX shares are a hedge against BTC/fiat value is wildly flawed, and not paying dividends doesn't help that in any way.

When the price of btc lost it's value from $140 to now... If the shares were still at 0.5 I could buy twice the btc with the same money and therefore twice the shares... The share price has clearly adjusted to compensate. The value of the company is not directly tied to the value of btc like a mining funds payout is. I'm not sure how that is flawed.


It corrected all in one day? Interesting...

Markets are irrational... I was most certainly not the person who bought all those shares recently if that's what you are inferring by pump and dump. I haven't paid over 0.5 for my shares and have been slowly gathering then since IPO waiting for their big announcement. Unfortunately I see far more upside than buying your shares for 4-4.5btc a piece right now.
nubbins
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July 05, 2013, 03:57:47 PM
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It corrected all in one day? Interesting...

It corrected over a 90 second period late last night, and then finished correcting over the course of five minutes, nine hours later.

clearly

 Cool

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July 05, 2013, 09:23:49 PM
 #15

wow! its going to 1BTC  Shocked

ThickAsThieves
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July 05, 2013, 09:28:06 PM
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wow! its going to 1BTC  Shocked

LOL  

Once people notice there are no asks, it will correct.
_mr_e (OP)
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July 05, 2013, 09:46:00 PM
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I'm thinking there is some inside trading going on... The merchant API announcement must be imminent.
_mr_e (OP)
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July 05, 2013, 09:57:54 PM
 #18

Well don't ya know.... Virtex lowers their fees! I guess I'm not crazy;)

https://twitter.com/cavirtex
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July 05, 2013, 10:08:53 PM
 #19

Well don't ya know.... Virtex lowers their fees! I guess I'm not crazy;)

https://twitter.com/cavirtex

You may still be crazy, but the fee reduction is great news. Low-volume traders now pay 1.5% instead of 3%!

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July 09, 2013, 01:43:00 AM
 #20

Selling at 0.95 right now. Anyone have any theories as to why?  insider knowledge? I see they lowered their fee's should this not mean lower revenue, or are people expecting more volume because of this?
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