Post
Topic
Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
cusdog
on 14/06/2013, 16:34:23 UTC
Deprived, speaking of investing, have you considered in future offerings (i.e. when the current batch goes to zero) limiting the issuance size? I ask because if this becomes a popular instrument you might end up having cash drag become a problem for later iterations. And, as uncomfortable as this may be, the counter-party risk increases as the issuance grows. There is both increased incentive for your to take the money and run (Rude, I'm sorry) and for hackers and others to try and abscond with the money. The downside is that this would hurt your management fee and limit liquidity and increase miss-pricing of the pre-existing mining and selling (as there is no more ask wall on purchase).