Spayse
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July 15, 2014, 04:47:57 PM |
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i cant sell man. i bought at 8k
just hold till it reach higher value and then sell it. I want to see a good plan. If dev haven't it, we will lost all.
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swainzag
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July 15, 2014, 04:49:00 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.. Thank you. I see too many people compare coin IPO's to company stock IPO's before they go public. There is a huge difference here.....a company going public already has a business, support.....A PRODUCT. A coin has an algorithm and the dev's hopes and dreams of what his vision of the future of the coin. It's awesome to generate hype and promise the world to investors, but too many people put blind faith and just throw their money away. I would be willing to risk that ~<2% of all coins with an IPO have been beneficial to investors.....and it's usually the original ones that do, like NXT. IcebergCoin on the surface is a 20% pre-mined IPO, asking 8000 satoshis per coin for those wishing to get in it. The IPO looking to raise 100 BTC ($62,600 in the dev's pocket) before POW even starts. The rest of the 5M coins will be mined within 7 days, and if the coin was to keep that 8000 satoshis per coin as value, after 12 days (5 days IPO, 7 days mining) this coin would have a market value of $313,000. Quite the value for a coin with nothing ground breaking and it's future developments claim to be - Anon-feature (not original), VoIP feature (will it be better than a free service like Skype?), P2P feature , Black Blockchain, and Democracy Blockchain. The Nist5 feature is beneficial....but PoW ends after 7 days, so how exactly is that VERY beneficial at all? Those of you planning on buying into the IPO....can I ask you, what is the reason you think it's worth what the IPO price over established coins out there that are going for A LOT on exchanges? Before you call me a "troll" or a "fudder", throw me a reason because I'm just generally curious. Now that the price has gone exactly where I thought it would go, I'll bring this up post again which I posted before the ICO started. People just never learn.
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murrayCOIN - The Only Currency Worthy of the Name
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lvyuan95
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July 15, 2014, 05:01:08 PM |
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Seems like IPO investors got screwed so hard lol
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poornamelessme
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July 15, 2014, 05:08:58 PM |
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I'm not sure why anyone is surprised by the current price. Bittrex also has none of the ICD rules Polo currently does, the primary one being no giant lumpsum payment to the devs. That means they'd have an actual incentive to add new features to the coin in order to withdraw any ipo funds.
Rather than complain here about the price, I suggest people contact Bittrex and ask them to institute the same ICD rules Polo uses for any future ipos they may run. If they keep doing ipos like this, they'll run the model into the ground.
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Frizork
Member
Offline
Activity: 62
Merit: 10
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July 15, 2014, 05:21:24 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
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bitspender
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July 15, 2014, 05:27:41 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
Are you f*cking serious...
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albertdros
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July 15, 2014, 06:47:34 PM |
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Where are all those haters now? wait until the 'real' launch of the coin is. Dev gets his BTC from trex, and will 99% likely run away and never look back. You can quote this 1 day after the 'real' launch. Guys I would like to quote myself on this one now. Praise please?
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niki25
Legendary
Offline
Activity: 1036
Merit: 1000
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July 15, 2014, 07:01:33 PM |
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Seems like IPO investors got screwed so hard lol
Lol I actually made some btc selling at 11K when the IPO was sold out I also sold some icb, but hold the other ones i know own more than what i sold
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baby222
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July 15, 2014, 07:06:13 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
wa! maybe you are right
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jorginto
Newbie
Offline
Activity: 53
Merit: 0
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July 15, 2014, 07:06:41 PM |
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Do I need modded 14.6 drivers for 5 gpu rig in win 7/64?
I had to use a modded driver to get more than 4 GPUs to work on Win7. Mine is a modded 13.12. Fortunately I haven't had to upgrade beyond that to get the higher hashrates. I'll see if I can find the link to them again if you'd like to try them I have also modded 13.12 Send You a priv msg.
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SnjafSnjaf
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July 15, 2014, 07:23:41 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
Are you f*cking serious... You clearly don't support this coin and as such you should just move on to other coins. It looks like you don't have a life so you decided to sit beside your PC and comment/bash some crypto coin.
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cyberspacemonkey
Legendary
Offline
Activity: 1288
Merit: 1002
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July 15, 2014, 08:42:59 PM |
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Will miners continue dumping this coin until POW phase is over? or is it a good time to buy right now?
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baby222
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July 15, 2014, 08:44:17 PM |
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Will miners continue dumping this coin until POW phase is over? or is it a good time to buy right now? a good time to buy right now guys
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atleticofa
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July 15, 2014, 08:47:20 PM |
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LOL I think I am the only one buying ICB right now. This coin has less than 48 hours... Look at Darkcoin 48 hours after launch
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niki25
Legendary
Offline
Activity: 1036
Merit: 1000
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July 15, 2014, 08:56:45 PM |
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LOL I think I am the only one buying ICB right now. This coin has less than 48 hours... Look at Darkcoin 48 hours after launch +1, i have a good amount, but i want a bit more
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bitspender
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July 15, 2014, 08:57:45 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
Are you f*cking serious... You clearly don't support this coin and as such you should just move on to other coins. It looks like you don't have a life so you decided to sit beside your PC and comment/bash some crypto coin. Almost right. My life is watching all these topics, new and old ones, scanning, analyzing, buying, selling, trading, mining, exchanging, investing. So, close, but to far.
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Auxi
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July 15, 2014, 08:58:39 PM |
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Now icb is the most profitable to mine, the price is dropping for this reason... when pow ends price will rise
wa! maybe you are right I think the same
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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July 15, 2014, 09:01:25 PM |
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Seems like IPO investors got screwed so hard lol
Lol I actually made some btc selling at 11K when the IPO was sold out That is how you have to play with those IPO coins, join all of them, get a lot of profit in the beginning and press the sell button.
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HKBvM
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July 15, 2014, 09:16:22 PM |
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Seems like IPO investors got screwed so hard lol
Lol I actually made some btc selling at 11K when the IPO was sold out That is how you have to play with those IPO coins, join all of them, get a lot of profit in the beginning and press the sell button. I hear you. Are you going to enter in this one? https://bitcointalk.org/index.php?topic=695857.40
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