niki25
Legendary
 Offline
Activity: 1036
Merit: 1000
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July 07, 2014, 04:03:46 PM |
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iceberg doesnt last long during hot summer
And what if Iceberg is located in the South pole? haha Well you only see the tip, u dont know how big it is, so it can last long during hot summer |
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swainzag
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July 07, 2014, 04:05:30 PM |
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because the trust about this coin is made on Bittrex name , not an anon Dev..
now they start allowing scam Ipo coin, tomorrow they will just use the hack lost coin argument...
if iceberg not a scam, then Bittrexs should express why they are supporting it.
All Bittrex is doing is holding the IPO so people do not have to send their BTC to anon dev BTC address. This way it assures that people will get the coins they paid for. Now.....after the dev gets the BTC from the IPO, that's when the fun starts and will determine if this coin will float or be a scam. how can devs control if price goes up or down? They don't. With an IPO it always runs the risk of being a scam. People are paying a dev for future development in a large lump sum of BTC. Let's say this IPO raises...50 BTC, and for whatever reason instead of putting that $32,500 into development of projects the dev just closes up shop. Now you have a coin with no future and with no dev and you expect the price of the coin to stay the same? It will get mined and dumped and the original investors get robbed. It has happened literally 100's of times in the last 6 months alone. Now I am not saying that will happen here. The dev could have big plans and this coin could take off with support and IPO money. But, that's why it's always a risk to buy into an IPO. |
murrayCOIN - The Only Currency Worthy of the Name
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leduc
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July 07, 2014, 04:08:18 PM |
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will you be that bag holder?  |
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Natium
Full Member
Offline
Activity: 378
Merit: 100
The Protocol for the Audience Economy
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July 07, 2014, 04:12:47 PM |
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will you be that bag holder?  |
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atleticofa
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July 07, 2014, 04:13:32 PM |
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will you be that bag holder? I will be one of these   |
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gelar24
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July 07, 2014, 04:15:37 PM |
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i wanna see my address  and moment coin in bittrex i can giveaway coin yeah thanks ahha  |
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syberwolfen
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July 07, 2014, 04:50:01 PM |
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me also |
Am I spamming? Report me!
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Auxi
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July 07, 2014, 05:36:22 PM |
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will you be that bag holder? I will be one of these ...penguin...  |
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raganius
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July 07, 2014, 05:44:33 PM |
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I will be one of these lol! very good! |
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naglas
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July 07, 2014, 06:18:58 PM |
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will you be that bag holder? I will be one of these hahaha brilliant |
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mamba
Newbie
Offline
Activity: 36
Merit: 0
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July 07, 2014, 06:29:16 PM |
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because the trust about this coin is made on Bittrex name , not an anon Dev..
now they start allowing scam Ipo coin, tomorrow they will just use the hack lost coin argument...
if iceberg not a scam, then Bittrexs should express why they are supporting it.
All Bittrex is doing is holding the IPO so people do not have to send their BTC to anon dev BTC address. This way it assures that people will get the coins they paid for. Now.....after the dev gets the BTC from the IPO, that's when the fun starts and will determine if this coin will float or be a scam. how can devs control if price goes up or down? They don't. With an IPO it always runs the risk of being a scam. People are paying a dev for future development in a large lump sum of BTC. Let's say this IPO raises...50 BTC, and for whatever reason instead of putting that $32,500 into development of projects the dev just closes up shop. Now you have a coin with no future and with no dev and you expect the price of the coin to stay the same? It will get mined and dumped and the original investors get robbed. It has happened literally 100's of times in the last 6 months alone. Now I am not saying that will happen here. The dev could have big plans and this coin could take off with support and IPO money. But, that's why it's always a risk to buy into an IPO. Finally someone who talks sense.. Why don't people invest once its listed in an exchange and trades stable for a few days. Want big returns or just greed? This IPO in particular is a total rip off and people don't realize it.. Once the mining is over, all IPO investors are likely to loose their money.. This is happening for pretty much all IPO coins these days and I don't see how this one is going to be any different.. |
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mirador17
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July 07, 2014, 06:33:39 PM |
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I'm not sure, should i invest or no? hmmmm  |
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qiwoman2
Legendary
Offline
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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July 07, 2014, 06:36:24 PM |
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I will do a blog post today. I unfortunately lost in the last 3 ipos due to mners dumping too cheap..In last one I lost 98% of my investment. I think everyone should do due diligence. This coin is trading quite healthy on Bittrex and it all looks quite nice so far. |
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cyberspacemonkey
Legendary
Offline
Activity: 1288
Merit: 1002
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July 07, 2014, 06:37:15 PM |
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ok, so when is this coin gonna be listed on Bittrex?
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SecondsOld
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July 07, 2014, 06:37:22 PM |
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I'm not sure, should i invest or no? hmmmm I'd say no. In my opinion, the ICO price is too high. As soon as mining becomes available, miners will be able to acquire coins at a fraction of the cost, and they will pass the savings on. The price is likely to plummet once the ICO is over, so if you are interested in the coin, you're better off waiting for the miners to dump at much lower prices than the ICO. |
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willzminame
Full Member
Offline
Activity: 126
Merit: 100
TEAM BTX
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July 07, 2014, 06:38:26 PM |
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I will do a blog post today. I unfortunately lost in the last 3 ipos due to mners dumping too cheap..In last one I lost 98% of my investment. I think everyone should do due diligence. This coin is trading quite healthy on Bittrex and it all looks quite nice so far. its not on bittrex yet... |
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nanoprobe
Legendary
Offline
Activity: 980
Merit: 1000
Traveling in subspace
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July 07, 2014, 06:38:37 PM |
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This tweet was 4 hours ago. What's the hold up? |
You'll never know what you're living for until you know what you're willing to die for.
Never look back, something might be gaining on you.
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poornamelessme
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July 07, 2014, 06:49:24 PM |
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After the DCM debacle, I'd be hesitant with any Bittrex run ipo.
They should go with the same ICD guidelines Poloniex is currently using. That means the devs don't get their btc until they use them for what they say they will. There supposedly will also be strict bookkeeping and no giant lump sum payouts on Polo ICDs, as well.
So if a dev says ipo money will go for coin voting... they only get enough to pay for votes. If they need funds for hiring other devs, they just get that exact amount. That's how it should work.
The idea that an exchange will hold the funds and only payout after the wallet passes some tests is really a minimal sort of guarantee. It is better than the funding via this forum, to some btc address and no idea if you'll actually get any coins, but it's not that much better really. I'd also be hesitant to buy into any ipo that has a mining phase, as expect price dumps as soon as miners get involved.
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niki25
Legendary
Offline
Activity: 1036
Merit: 1000
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July 07, 2014, 06:55:47 PM |
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This tweet was 4 hours ago. What's the hold up? Maybe something is not yet ready, but it is on time. so wait for it |
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