[AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$

[pokeytex]

I am really liking the banner ad for AmberCoin every time I hop around on BTCtalk. :-)

[5ick3uffalo]

Thanks, took a while for sync - got 16 active connections

Shareholder now! Registered my wallet via email already.

[pokeytex]

Thanks, took a while for sync - got 16 active connections

Shareholder now! Registered my wallet via email already.

Welcome aboard!

[richwang]

Thanks, took a while for sync - got 16 active connections

Shareholder now! Registered my wallet via email already.

Hero holders are more and more.

[Penn.3D]

Hi Dev, 3 questions:

1. Will future rounds always consist of 500,000 coins?

2. Will the price that the company sells the coin for always increase by approximately 2000 sat as it has been doing, or in the future is it possible that the price could "jump" from say 15k in round 4 to 22k in round 5 (I just made those numbers up obviously but you get my point)?

3. According to the company's website, at the International Baltic Jewelry Show in March 2015:

"During the exhibition we singed more than 20 contracts for the supply of products totaling over $ 12M/month."

http://amber-trade.com/news-en/jewellery-show-summary/

12 million dollars per MONTH??!! That CAN'T be right......can it?

[Mig-23]

I am really liking the banner ad for AmberCoin every time I hop around on BTCtalk. :-)

i hope it will be placed on other sites like crypto news site soon

[AmberCoinDev]

Hi Dev, 3 questions:

1. Will future rounds always consist of 500,000 coins?

2. Will the price that the company sells the coin for always increase by approximately 2000 sat as it has been doing, or in the future is it possible that the price could "jump" from say 15k in round 4 to 22k in round 5 (I just made those numbers up obviously but you get my point)?

3. According to the company's website, at the International Baltic Jewelry Show in March 2015:

"During the exhibition we singed more than 20 contracts for the supply of products totaling over $ 12M/month."

http://amber-trade.com/news-en/jewellery-show-summary/

12 million dollars per MONTH??!! That CAN'T be right......can it?

1. Most likely.
    But I can't say for sure that ALL further rounds will be 500k.

2. The price can jump more rapidly but only in case if there is a serious reason for it.
    And in this case the previous announcement is a must.

3. It can.
But by ~80% of these contracts we act as a middleman (trading company).
The majority of that contracts are for amber balls which we are not producing yet.
The cost of balls can reach up to $15k-$20k and more per 1kg .
But the profit on trading operations is much lower than on selling own mined raw amber.

In this case we work for future.
Once we start to produce an amber balls by ourselves  we'll have a market ready for it.

[Penn.3D]

Thanks for the reply!

[Penn.3D]

Only 60K more Ambercoins left at 10,400 sat (30k on C-cex and 30k on Bleutrade)!  I actually snatched up a little more this morning myself Just couldn't resist.....once those 60k coins are gone, say goodbye to 10,400 satoshis and hello to 12,500! LOL

Even if one didn't want to become a shareholder, it would be so easy to just buy those coins today at 10,400 and then sell them tomorrow for 12.5 sat and make a guaranteed 20% profit overnight! Of course you would be an idiot to do that, but you could theoretically do that  

[Multi]

what the next price will be after selling 500k Amber at 12500 sat ?

[devega]

what the next price will be after selling 500k Amber at 12500 sat ?

Yes, it will be soon
EDIT:
31k AMBER @10400 left


Quote from: AmberCoinDev on June 09, 2015, 07:10:36 PM
Next few steps will be following:
1.  332,000   @8200 satoshi or 0.02$
2.  500,000 @10400 satoshi or 0.025$
3.  500,000 @12500 satoshi or 0.03$

[AmberCoinDev]

what the next price will be after selling 500k Amber at 12500 sat ?

Next few steps will be following:
1.  ~31,000 @10400 satoshi or 0.025$
2.  500,000 @12500 satoshi or 0.03$
3.  500,000 @14600 satoshi or 0.035$

[richwang]

Does the company have plan to IPO in stock market? e.g. NASDQ

[antho281]

About 1300 coins left on C-CEX and 22,5k on BleuTrade!

Next round is coming sooonnnn!

EDIT : Round #2 sold out on C-CEX! 12,5k Satoshis here we come

[devega]

@10400 also sold on bleutrade...
all 500k at 10400 was sold really fast 
Dev, could you write about the next steps after 12500?

[SimonCrypto]

Amber has a $1 million dollar market cap based off a CCEX ICO. Hmmm what a risk 

[5ick3uffalo]

Amber has a $1 million dollar market cap based off a CCEX ICO. Hmmm what a risk  

even 2M is pretty low actually at given information ... (from website).

Numbers

Let’s talk about numbers: the initial cost of a coin is $0,02. It corresponds to total initial market capitalization for Amber Trade LTD of $2,000,000 which is obviously a very low price. This conclusion can be drawn from calculations made on the basis that the price of 10 tons of amber and at its average price of $2,500 per kilo. In addition to this there are at least 3 more internal reserves to help increase the capitalization of the company:
– growth of areas of amber deposits;
– increase in profits from trade operations;
– entry into the market of processing raw materials into semi-manufactured goods and off-the shelf items.
Each of these internal reserves can be found in short-term or medium-term plans of the company. Thus, AmberCoin has a huge potential for growth. Besides, considering that AmberCoin represents shares in Amber Trade LTD, you will receive dividends on a quarterly basis in USD or EUR which is more convinient.
Let’s note that the initial 2 cents price is offered for only 5,000,000 of coins (5% of the company shares). In the future the number of coins to be sold will depend of current financial needs of the company and the price in which the coins are sold will be close to the market price.

[AmberCoinDev]

Does the company have plan to IPO in stock market? e.g. NASDQ

Yes, we have a plan to make an IPO on stock exchange.
But I can say for sure that it will not happen this year.

[AmberCoinDev]

@10400 also sold on bleutrade...
all 500k at 10400 was sold really fast  
Dev, could you write about the next steps after 12500?

This question was asked on a previous page.
Answer is here https://bitcointalk.org/index.php?topic=944408.msg11735125#msg11735125

The next stop after 12500 satoshi is 14600 satoshi.

[5ick3uffalo]

German ANN-topic translation still needed or is someone working on it?