Post
Topic
Board India
Re: Hard Fork issue .. Ranchi Mall opinion
by
RohitTripathy
on 25/03/2017, 12:25:37 UTC
Lockin period is absolutely needed for safety of investors in this case, and my safety too. Just not BitCoins markets, but any financial market can behave very irrationally in short term. However, you hide cannot hide the fundamentals in longer term.

The core hypothesis in this product is that demand growth for BitCoins will outstrip the supply of BitCoins by more than 13 percent on annualized basis. However for this phenomena to show up, you have to give adequate time.

I have judged 3 years to be adequate time.

So investors have to take that commitment if they really want stability of returns. This is not a get rich quick product. I want investors on a safe and sound journey with me.

Currently I am not accepting any new customers for this product. I will open up the window again if prices go beyond USD 1350 per BitCoin. With current price trends, looks it may take time Smiley

I will put a message in India BitCointalk group if I reopen. And as always, first time customers will have an upper limit of Rs 7000. And I will open it up only for 15 new customers then.

I am here for long run. So its going to be easy and slow Smiley

Its the tortoise that wins the race, not the rabbits.