mcxNOW raise 1 MILLION dollars in 12 hours! [UPDATE : make that 2]

[sidhujag]

I am not sure, MNC is already very high for current btc price. Strange he didn't pump SC yet, might be the next one.

There is only 2880 new coins a day and it only takes 6 btc of new buys a day to sustain 0.002 price.  The effect of bitcoin rising is minimal still as 6btc is covered with average volume being upwards of 400btc a day lately... If 15btc were bought a day essentially we are undervalued by atleast a quarter.

But who is going to keep buying shitcoins?

Ya i dont know who but volume is there im using the facts... If volume drops below like 10 btc a day then yea nit worth it.

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[bidji29]

RealSolid may have a million dollars but it doesn't mean he will suddenly retire with it...

He is in his early 30 and have a family to support. You can't retire at this age even with that much money.

No, he'll just continue to work on this goldmine he builded himself.
I bought some feeshare and i'm really happy with this decision

[K1773R]

Has anyone entertained the idea of the exchange getting "hacked" and then claim the funds are now lost?

Wasn't that what happened with the 250 BTC donation?

Happened to Vircurex at least twice.

Vircurex is based on RoR (Ruby on Rails) so its not really hard to do that (wait for next exploit -> use it -> your rich), if RS told the truth and everything is a custom implementation in C++ (and done right), the risk for that is much lower.

[digitalindustry]

The site looks like a dysfunctional version of win 3.1.

All be it a multi million dollar version apparently,  so I have to roll with btcx.

Still doesn't beat the pirate guy , main points  , lack of humor. .

I havent seen any mocking of the marks in that way .

But then again pirate got charged..... this is totally above board. 

Hmm its a hard one ... if you can offload this somehow to google or Microsoft,  you take it.

* ill even accept yahoo,

* but not AOL or associate,  it would be a net benefit so watch out for offers.

[bidji29]

The selling seems to slow down.
All the existing shareholder have probably bought what they wanted. They took ~30% of it.

 Now we just have to wait for the opening to the public, in 36 hours.

Be ready!

[bitdraw]

The selling seems to slow down.
All the existing shareholder have probably bought what they wanted. They took ~30% of it.

 Now we just have to wait for the opening to the public, in 36 hours.

Be ready!

It's either buy at the start of the IPO or at the very end. Depending on the decision: Either you want to start collecting share income asap, or you want to keep your btc liquid because of the momentary rise in BTC value.

That brings me to the conclusion that most of the existing holders are going to buy either at the beginning or at the end of the IPO.

[bidji29]

The selling seems to slow down.
All the existing shareholder have probably bought what they wanted. They took ~30% of it.

 Now we just have to wait for the opening to the public, in 36 hours.

Be ready!

It's either buy at the start of the IPO or at the very end. Depending on the decision: Either you want to start collecting share income asap, or you want to keep your btc liquid because of the momentary rise in BTC value.

That brings me to the conclusion that most of the existing holders are going to buy either at the beginning or at the end of the IPO.

Oh, i didn't thought about this.
Yeah seems very plausible. I almost did the same things, wait to the last minute. But i bought

I think we will see a large amount of see sold in the last hours too.

[Francisco]

What happens if all shares are not sold?  Does a huge sell wall at .4 with the remaining shares just automatically get created?

[Magic8Ball]

They will sell out quickly..

30 hours left and only a third sold.

I am surprised he decided to sell all 45000 at the same time.

[bitdraw]

They will sell out quickly..

30 hours left and only a third sold.

I am surprised he decided to sell all 45000 at the same time.

i thought exactly the same. 5k every month would have been healthier for the mcxfee market.

[bidji29]

Remember it's not even open to the public yet, only to existing holders.
It will open to public in 26 hours.

[bidji29]

According to this thread, RealSolid could be soon on the top 15 bitcoin owners!


https://bitcointalk.org/index.php?topic=321265.0

Because he will raise 18,000 BTC with the IPO + what he currently own (probably 1000+)

[bidji29]

The site in itself is a nice piece of work. And he did it all by himself, so he deserve some credit.

[QuantPlus]

Remember it's not even open to the public yet, only to existing holders.
It will open to public in 26 hours.

RS mentioned in Chat that as of today...
That MCX FeeShares 20,000 public float is owned by about 100 people...
Which is a very interesting factoid...
So 1,000 BTC/day FeeShare volume has been driven by this small group.

Once it's completely open to the public and the shareholder base expands...
And there are 10 times as many FeeShares trading (5,000 going to 50,000)...
What will happen to that 1,000 BTC/day volume... double?... triple?... more?

[sidhujag]

Remember it's not even open to the public yet, only to existing holders.
It will open to public in 26 hours.

RS mentioned in Chat that as of today...
That MCX FeeShares 20,000 public float is owned by about 100 people...
Which is a very interesting factoid...
So 1,000 BTC/day FeeShare volume has been driven by this small group.

Once it's completely open to the public and the shareholder base expands...
And there are 10 times as many FeeShares trading (5,000 going to 50,000)...
What will happen to that 1,000 BTC/day volume... double?... triple?... more?

You have to look at the avg volume... the avg was nowhere close to 1k btc... maybe 100-200btc a day... so 1k-2k could be a target once opened up to public. That can also be used to get your target price.

[okie_freemen]

I'm calling shenanigans on this fake manipulated market price for the shares.  But hey congrats if you get a few people falling into buying this crap. BTC markets really are the wild west when it comes to investment fraud!

[STT]

Bernie Madeoff is second only to the US Government for worlds biggest scammer remember, its all relative

[Wekkel]

So its about 13% ROI while the average Bitcoin or other major Altcoins growth rate is beyond 1000%

This investment should either be a lot safer (not just a royalty fee of an untouchable digital creation) or a lot more profitable. It's easier to bet on Bernanke/Yellen with the S&p500 for that 13%. Just BTFD 

[skyhigh2004]

@seleme


The fact he is on near "Autosell" of his BTC should a very huge indicator of his sell out and run potential.


~BCX~

Pretty much

As long as he doesn't do some black stuff, it's OK.

Why do you have to being color into this?

I'm pretty sure he meant "shady" or "dark" by saying black, not actually the color black lol.

[seleme]

Remember it's not even open to the public yet, only to existing holders.
It will open to public in 26 hours.

Anyone had a chance to buy 1 for as low as 0.5 minutes before trading was closed that would give him a chance to buy as many as he wanted in first 3 days. I'd say if someone was seriously interested in buying, he'd take the chance and buy that one share just in case price is good.

So, I'm not really buying that argument. I'd like to own 6k btc but that sale wasn't particularly good. If RS doesn't make a fake sale I could see those 30k left staying on order book for some time.