[OFFICIAL] mcxNOW Final Investment Round. 6700BTC already invested

[bidji29]

Yeah but we're not in Wall Street, and the risk in crypto is much bigger, so 14% is an ok return but not extremely good.

But the potential growth of the site is huge, so the return could easily double, and even more...

[yomamanodros]

Yeah but we're not in Wall Street, and the risk in crypto is much bigger, so 14% is an ok return but not extremely good.

But the potential growth of the site is huge, so the return could easily double, and even more...

If you claimed a 14% annual yield based on 5 days of data on a real world stock, you would be laughed at.  There are other crypto stocks out there that have been yielding much higher than 14% for much more than a few days.  They have been doing it for months, and they aren't run by people who have taken their investor's money and disappeared before.

Maybe this is going to be a great deal for investors, we don't know at this point.  What we do know is there are plenty of pump and dump artists in the alt coin world. If you are investing more than a few BTC in any company, you should consult someone with real world investing experience and see what they say first.

I noticed very quickly when I started getting into the crypto world that this community is populated by tons of very naive people when it comes to investing.  They may have technical knowledge but not investing knowledge.  Just be careful, that is all I'm saying.

[billym2k]

Do you invest bitcoins in "other crypto stocks" and they return more bitcoins? Where are these?

[seleme]

Yeah but we're not in Wall Street, and the risk in crypto is much bigger, so 14% is an ok return but not extremely good.

But the potential growth of the site is huge, so the return could easily double, and even more...

If you claimed a 14% annual yield based on 5 days of data on a real world stock, you would be laughed at.  There are other crypto stocks out there that have been yielding much higher than 14% for much more than a few days.  They have been doing it for months, and they aren't run by people who have taken their investor's money and disappeared before.

Maybe this is going to be a great deal for investors, we don't know at this point.  What we do know is there are plenty of pump and dump artists in the alt coin world. If you are investing more than a few BTC in any company, you should consult someone with real world investing experience and see what they say first.

I noticed very quickly when I started getting into the crypto world that this community is populated by tons of very naive people when it comes to investing.  They may have technical knowledge but not investing knowledge.  Just be careful, that is all I'm saying.

Specially when 70% of that volume is RS pumping coins to blind people to buy shares based on huge growth, lol.

[btbrae]

Don't get me wrong I like mcxnow.com as a site and all the features seem to work but something about this fee share thing and a general vibe I get from the owner in chat makes me uneasy. Is it just me?

[bidji29]

the 14% yield is not based on 5 days but on 30 days

[claycoins]

I can't find any mention of how long these are on sale for or when the market reopens. 

[yomamanodros]

the 14% yield is not based on 5 days but on 30 days

Whether it is 5 like he said it was in the original post or 30, it is flat out not enough data to make a projection for the year. 

[bidji29]

the 14% yield is not based on 5 days but on 30 days

Whether it is 5 like he said it was in the original post or 30, it is flat out not enough data to make a projection for the year.  

It's 30 days. I'm writing the GoogleDoc ( https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=0 )
The mcxFEE exist since less than 2 month so it's hard to do better estimation. You do with what you have.
But the October month was not particularly extraordinary, i don't see why the performance could not been reproduce in November.

The estimation is probably lower than the reality because Gaming will come in November on the site.

[yomamanodros]

Do you invest bitcoins in "other crypto stocks" and they return more bitcoins? Where are these?

There are several BTC stock exchanges and until recently there was a LTC exchange.  The Securities board on this site has tons of info on different investment options.  There have been growing pains where it comes to regulations that have caused exchanges to close.  

[yomamanodros]

the 14% yield is not based on 5 days but on 30 days

Whether it is 5 like he said it was in the original post or 30, it is flat out not enough data to make a projection for the year.  

The mcxFEE exist since less than 2 month so it's hard to do better estimation. You do with what you have.
But the October month was not particularly extraordinary, i don't see why the performance could not been reproduce in November.

The estimation is probably lower than the reality because Gaming will come in November on the site.

The main point I am trying to make is that people need to be careful.  The fact that it an annual yield based on 5 days of data was used to try and recruit new investors screams of amateur hour.  No one with enough experience to run a multi million dollar publicly owned company would ever do that unless they are hoping to prey on investors that do not know better.

Draw your own conclusions.  Like I said before, this could end up being the investment of a lifetime.  It just looks to me like someone playing at being a CEO while being intoxicated by the crazy amount of money he has come into.

[Moebius327]

Hey OP, please update the numbers at the headline of your thread

8373.2 BTC already invested

So you getting payed to do some PR, like the Labcoin case?

[Schwede65]

Hey OP, please update the numbers at the headline of your thread

8373.2 BTC already invested

So you getting payed to do some PR, like the Labcoin case?

yeah, i'm getting 100 BTC for every post i do to promote this (irony-mode on)

but now there are some new numbers: 8584.4 BTC generated (irony-mode off)

please tell me what is the "Labcoin case"?

[Hazard]

Anyone who buys these shares is an idiot. Do your research, RS has a very long history of being a conman. MCXNow itself was originally created to unload the massively premined mincoin onto the public. Do you really think he's turned over a new leaf? After over 2 years of scamming the community?

By selling these shares, he is betting against his exchange. If he expected each share to make more than 0.4 BTC over it's lifetime, they would not be for sale... You are buying a piece of a sinking ship.

[innovation]

reserved

[Schwede65]

Anyone who buys these shares is an idiot. Do your research, RS has a very long history of being a conman. MCXNow itself was originally created to unload the massively premined mincoin onto the public. Do you really think he's turned over a new leaf? After over 2 years of scamming the community?

By selling these shares, he is betting against his exchange. If he expected each share to make more than 0.4 BTC over it's lifetime, they would not be for sale... You are buying a piece of a sinking ship.

i just looked up in my dictionary a synonym for "hazard" and i found "accident"

that characterises not all what you are, but it is on the right way...

[Hazard]

Anyone who buys these shares is an idiot. Do your research, RS has a very long history of being a conman. MCXNow itself was originally created to unload the massively premined mincoin onto the public. Do you really think he's turned over a new leaf? After over 2 years of scamming the community?

By selling these shares, he is betting against his exchange. If he expected each share to make more than 0.4 BTC over it's lifetime, they would not be for sale... You are buying a piece of a sinking ship.

i just looked up in my dictionary a synonym for "hazard" and i found "accident"

that characterises not all what you are, but it is on the right way...

Of course the MCX shills are incapable of engaging in anything but ad hominem.

Stay classy.

[Schwede65]

Anyone who buys these shares is an idiot. Do your research, RS has a very long history of being a conman. MCXNow itself was originally created to unload the massively premined mincoin onto the public. Do you really think he's turned over a new leaf? After over 2 years of scamming the community?

By selling these shares, he is betting against his exchange. If he expected each share to make more than 0.4 BTC over it's lifetime, they would not be for sale... You are buying a piece of a sinking ship.

i just looked up in my dictionary a synonym for "hazard" and i found "accident"

that characterises not all what you are, but it is on the right way...

Of course the MCX shills are incapable of engaging in anything but ad hominem.

Stay classy.

all what you are able to communicate here is an argumentum ad personam
plain text: hot air - no arguments
chill out!

[bidji29]

And......10,000BTC invested!

https://mcxnow.com/buymcx.html

[BitcoinEXpress]

And......10,000BTC invested!

https://mcxnow.com/buymcx.html

Let's see some TXID's and Addresses to verify that.


~BCX~