Re-reading the [I0C] I0coin - The Best Choice In Digital Currency thread in the altcoins announcements section of these forums I came across this:

Quote from: markm on December 06, 2016, 03:33:20 AM

To help support I0Coin, such as by providing marketmaking on the exchanges, I have created an asset on the Horizon network.

I have created an info page about the asset at http://makemoney.knotwork.com/horizon/assets/hzgrow/

I0Coin is only one of the growth-potential items this HZGROW fund bundles together, see the info page for info.

-MarkM-

In retrospect it was a foolish experiment, not in principle but in execution.

I mean look at that info page:

Code:

Makemoney Knotwork: Horizon: Assets: HZGROW

Here we provide a little bit of documentation about the asset HZGROW that is implemented on the Horizon platform (as asset ID 16540254334984622964).

HZGROW is conceived as fund that deals largely with growth assets such as stake-based cryptocurrency.

The asset consists of one million shares.

The value of each share is conceived as one millionth of the sum total value of the Corp's holdings.

The Corp's holdings will be inventoried here periodically as an aid to estimating the Corp's value and thus the value of each share.

Someone sent HZGROW 1500 HZ to enable creation of the asset, so it was arbitrarily decided then and there that the initial price of the asset would be 150 HZ and thus that the donor would receive 10 HZGROW reward for providing that initial financing.

Horizon held: 497

Bitcoin held: CoinExchange.io: 1.01754590, Yobit 3.07269585, Cryptopia 1.06902759 = Total 5.15926934

CNY held: BTER: 7091.979069

DeVCoin held: BTER: 164816641.269197

IXCoin held: CoinExchange.io: 824299.52849520, Yobit 112395.08227480, 116280.62171572 = Total 1052975.23248572

I0Coin held: Cryptopia: 118023.56091615

Cubits3 held: Cryptopia: 311666.15509662, Wallet balance 3917707.88318900, Wallet stake: 1159.35188200

GoldPressedLatinum held: Cryptopia: 2080.70376067

DOTcoin held: Cryptopia: 2528.31561616

Litecoin held: Cryptopia: 0.04845435

AXIOM held: Yobit 372643.03775885

AXON held: Wallet balance 199568.70012441, Wallet stake 2013.34000000 = Total 201582.04012441

FairBriX held: Wallet balance 219123.00000000

TeneBriX held: Wallet balance 131415.00000000

FederationCredits held: Wallet balance 6650.00000000

Does the massive glaring error (hint not your keys not your coins...) jump out at you?

IT SHOULD!

Try googling the various exchanges on which those assets were "held"...

...I write googling rather than visiting for a reason! Wink

What a mess! Rest assured though that a buy offer to buy all of the outstanding "shares" for at least 150 HZ each will be posted on the HORIZON platform.

Followed hopefully by higher offers as we "sort this one out matey".

I notice that someone has an offer on HORIZON offering to buy 1000 HZGROW for 50 HZ each.

Be alert that quite some time (years) ago a holder of massive quantities of HZ happened along and "dumped" a whole bunch of them on the Stellar platform, trashing the buy-side of the HZ/XLM pair, so who-ever is offering currently to buy HZGROW for 50 HZ on the HORIZON platform very likely picked them up for 150 HZ each back when "everyone" was operating under the custom that since HZ kind of needs to be worth at least a cent/penny in order for it to be any/much use in building buy-sides on the HORIZON platform, one ought to post one's buy and sell offers as if an HZ were worth a penny or cent or so - whether you're Australian or Canadian or USAian or whatever. (Ballpark figure in other words.)

Trashing the spot price of HZ on Stellar though totally blew that whole idea to heck; "everyone" long ago by now should have deleted all their sell offers on HORIZON (all pairs there are vs HORIZON) lest insanely cheap HORIZON come along and buy everything...

Well that is a little background, hopefully I can provide updates as work on sorting this one out matey progresses...

-MarkM-