Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] OPAIR | Decentralized Debit Cards | OCaml | New Blockchain Platform
by
BasementRot
on 03/09/2016, 04:01:26 UTC
You're just being negative for no reason now. It is beneficial to stage 2 people except for the fact that there could be a day delay before SJ gets back to them if they want to cash out their XPO. It is the best option though. Waiting for we don't even know how many weeks while a bunch of other icos swarm is not good. This is the best solution. Assuming wasserman delivers, stage 2 people will be in. If wasserman doesn't deliver, it doesn't matter that we were diluted anyway.

I'm just being negative for no reason? I don't think you have thought this plan through. It is very unfair to stage 1 investors.

If the coin does good, stage 2 gets the profit. If the coin does bad, stage 1 gets the lose. You are essentially giving stage 2 an open option to force sell their coins to stage 1 investors at a time of their choosing. Sorry but your plan is wack.


more explanation for people who don't understand my point:

We are all investors, we put in money and get a share of coins.
What you are suggesting is to take some of the coins, without paying for them, and set them aside for you.
Then later, if the coin is a success you say OK, now we want to buy these coins.
If the coin fails, you say never mind, here are your coins, they suck, we don't want them, you can have them back now that they are worthless.


PS. The fact that anyone thinks this is fair makes me want to face-palm..
You want to wait and see if the coin turns a profit before you retroactively invest in the ICO. That is flippin crazy!   Cheesy