Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
50cent_rapper
on 02/03/2016, 08:58:47 UTC
Yes this is one possible way to look at it. I wonder if a poll was raised on the main alt discussion forum if the board over time would rather see more opportunity and time given to all bct members to get behind such a project. I mean why see it as a bad thing. More people on board the more people pushing it forward and less thinking it was a quick fast ICO that only a small % of the board got to know about.

You see dash made the same error of thinking - although their launch and coin grab was an out right scam. IOTA ipo was not a scam it was an opportunity for those few that knew about it to purchase all the coins cheaply and then  charge 25x IPO price when nothing concrete has really changed.

I mean it seems very unfair that the rest of the board that didn't hear about it should now be paying 25x more when there is nothing more to actually see right now?

Why not a second IPO for a 2nd wave of investors? more development funds? see it as an extension of the first IPO and not a second one.

I think it could be a great idea. For everyone because yes 25x ipo seems great now. However if a lot more people came on board their investment and time can push it far higher.

Someone's rewards are the gains for risk.

The ICO participants took the maximum risk. There were NO ESCROW. NO SOURCE CODE. NO MICROSOFT EXCITING NEWS. We blindly throw money into btc address posted on btt. We got maximum reward.

Now the guys who buy IOTA here https://bitcointalk.org/index.php?topic=1360660.0 HAVE NO ESCROW (if buying only a part of early adopter share). HAVE NO GUI. HAVE NO EXCHANGE. They took risk. That's why they will get not a maximum but very good reward.

And the guys who will buy iota on exchanges will took risk, cause I think there will be NO HARDWARE SUPPORT of iota when it will arrives at exchanges - thus they will get their profits.

And what I see in your posts is that you are not willing to take any risk. You wanna get profits without take of any risk. I hope you do not plan to disguise it under some talk about "unfair distribution"  :-|