Cryptostocks new IPO system ( scammers dream !!!! )

[regmann]

Cryptostocks now make,s it real easy for scammer to steal money ( and giving u no way out )

Imagine if a company or corp could freeze there stocks any time they wanted to ( ia hold all sale,s  )
Would that be a great thing for the investors or would that be a great thing for scammers ?  

A new feature in the Cryptostocks platform enables Project Owners to enable/disable IPO.  This feature prevents the placement of sell orders.  Buy orders must be greater than or equal to the lowest ask price.  This feature prevents the under cutting of our selling price.  In the process of having enabled this feature, all current buy and sell orders were cancelled.

to give an example what i mean

https://cryptostocks.com/securities/60 < sold there first 100.000 share for 0.005 btc  after that they offered 100.000 share,s @ 0.05 btc
But it now seems it was a scam <
as u can see by the chart it crashed ( and they could not sell there second ipo )

If this new feature was enabled @ the time ( every one would have been stuck in sharmback ) and there would be no way out
Sins the buy and sell would have been locked !!! ( also they would have sold a lot of there 0.05 btc share,s )

If a company sells new share,s and the company is good and trustworthy they will sell ANY WAY <

whit this new option i am pulling out all my investments ( and selling all share,s ) worth in total over 10 btc

Wonder what will happen wen some one puts a nice ipo and right after lock it again whit a 100000 million btc ipo < can never be sold and u can never GET OUT EVER

Or keep putting up new ipo,s over and over so u keep buying that shit to get rid of ipo and sell your share,s to get out BUT U NEVER WILL CUS THERE WILL ALWASE BE A IPO BLOCK )

cya all every one investing there now up to u

I pref not to get fucked in the ass

[dragnar]

I totally agree

Way to easy to get trapped as a investor now.

No company should be able to hold the power to freeze there own stocks.

Or be able to halt sale,s of there stocks.

Imagine if this would happen in real life. lol

Apple is crashing.
cant sell your share,s now !!!! * apple freezes stocks ) < LOL

No real investor would be interested !

Whit this i am now also pulling out all my investments slowly !

Cryptostocks will lose an other 25 btc worth of investment money.

It was good while it lasted !

To have a 1 time locked ipo where one can not buy and sell @ launch is oke.

To give the listers the option to do this at will is just .......

[UltraPleb]

This doesn't necessarily make the site redundant. This is only a problem if corrupt companies are involved.

[regmann]

This doesn't necessarily make the site redundant. This is only a problem if corrupt companies are involved.

True but its easy to abuse for scammers ( this will pull in more scammers ) and thus over time more scam shit there

Also this can be abused by company,s themselves

No company should have the power themselves to freez the stocks
If this was done in real live even company,s like apple would abuse it to raise there stock value !

Apple stocks crash ( lose 50% ) share holders get angry
Apple releases new share,s @ 2x the old price ( and disables sale,s )
Company now went up x2 in value < LOL  





1 of the way,s to scam

step 1 sell 100 fee,s @ 0.0001 btc  ( buy them yourself )
step 2 ipo 100 new fee,s @ 0.0002 btc ( buy half yourself )
step 3 ipo 100 new fee,s @ 0.001 ( dont buy them )
step 4 wen ipo is sold (dump all the fee,s u bought yourself in the buy book )
step 5 repeat

[regmann]

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