Post
Topic
Board Bitcoin Discussion
Re: Mycelium's "crowdsale": basically a donation, not an investment by any means
by
darcycooper
on 13/05/2016, 18:40:00 UTC
I did my part at highlighting why putting money with Mycelium doesn't seem like a good idea from an investor's perspective...

Considering bitcoin itself has outperformed every other investment, and is expected to in the future, I can't really argue with that sentiment...

Why they even need to make a crowdsale in first place?
I saw many bitcoin startup/company make crowdsale/crowdfunding, but some of them are fail Sad
In fact, i don't understand how can they make huge money/profit.

We spent 8 figures of our own founder's money to get Mycelium to where it is now. After Ruble and Bitcoin both crashed in value, he felt a bit broke and was tired of spending his own money. So we got some private investors.

Lol, so now you want to make your investors 'feel broke'?

The wallet makes no money! Stop calling this an investment.