Investing in coinsortium

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usagi (OP)

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Investing in coinsortium

August 22, 2014, 09:20:23 AM
Last edit: August 22, 2014, 09:45:51 AM by usagi

I remember back in the day, shares of BTC-TC traded as high as 10 bitcoins each. They were initially sold for (IIRC) 0.1 BTC. Even at 7 or 8 bitcoins the payments justified the price (barely) at 1.5% annually. Actually it was illogical to me at the time and I suspect the price had a healthy boost from the fact that you could vote on securities with shares.

Today we have Coinsortium which is the only share exchange that lets you invest in the business. As far as I can tell their IPO has closed with 100,000 shares outstanding (vs. BTC-TC's 10,000 shares). But BTC-TC's shares represented 10% of the business, coinsortium's represents 100%. These shares are currently going for less than 0.0016.

Based on how many shares burnside released and the life cycle of the platforms, I'm guessing COINS could represent one of those "once in a lifetime" buys that pop up every, oh, year or so in the bitcoin world. If they manage to repeat BTC-TC's success I would be very happy.

Does this sound right to you guys or am I missing something? I bought 20 shares.

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pascal257

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Re: Investing in coinsortium

August 22, 2014, 03:13:38 PM

Quote from: usagi on August 22, 2014, 09:20:23 AM

Today we have Coinsortium which is the only share exchange that lets you invest in the business.

What about HIF?

pummle

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Re: Investing in coinsortium

August 22, 2014, 07:01:45 PM

What about S.MPOE?

What makes you think this is going to be as successful as BTCTCTC? (And do you really call that a success, considering how little time it lasted?)

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AcoinL.L.C

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Re: Investing in coinsortium

August 22, 2014, 07:36:29 PM

This site is worse than Havelock Roll Eyes

They allow all the cryptostocks crap to transfer over for free. Since they aren't generating any BTC from business's signing up, they are surviving on their volume... Which won't even cover server costs / cloudfare.

railzand

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Re: Investing in coinsortium

August 22, 2014, 07:55:30 PM

Quote from: usagi on August 22, 2014, 09:20:23 AM

I remember back in the day ... Actually it was illogical to me at the time ... "once in a lifetime" buys that pop up every, oh, year or so in the bitcoin world.

not sure if trolling or twat

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usagi (OP)

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Re: Investing in coinsortium

August 22, 2014, 11:27:09 PM

Quote from: railzand on August 22, 2014, 07:55:30 PM

Quote from: usagi on August 22, 2014, 09:20:23 AM

I remember back in the day ... Actually it was illogical to me at the time ... "once in a lifetime" buys that pop up every, oh, year or so in the bitcoin world.

not sure if trolling or twat

im pretty sure your trolling

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