Yakov should have locked down the investors (for 30 days) who bought the 20 million coins between $0.02 to $0.10
Instead he lock down the average person who bought between $0.60 to $1.00
I bought at $0.5. I was OK with my funds being locked into lending. (I had like $100 daily profits lol)
People were just too stupid to hope for cashing out at x20 instantly having profits out of thin air.
Everyone were guaranteed to have their PROFITS protected from price fluctuations. They started bitching and complaining about not having immediate x6. Now they got what they asked for.
I was happy tbh to have my holding secured in x2.5 of my initial investment. Fucking psycho FUDers just ruined it.
I was ok too, No choiuce.
Yakov made it worse by reversing the loans. and open the flood gates, there is like
15-20 million coins bought at 10 cents or less.
SMH
Lucky he has Millions to buy them back cheaper, then one day the next couple months he will pump it back up.
I'm thinking the smarter way to do this would be to allow people to lend at $1.2 (so people who bought at $1 have a little profit too).
All BTBc coins would return into lending holdings very quickly. Actually Yakov made the right choice to show people what would happen if he allowed them to sell it. Community will become stronger now I think.