Re: [BTCT.CO] [IPO] [FAQ]BTCGARDEN MINER---Eyes to the horizon
This seems pretty richly valued for an IPO after sucking up 32,000BTCs on btct.co in short order...then there's another 2,000,000 shares coming at higher prices? That's 6x the daily average on btct.co already poured into the garden in just over a day. I'm not seeing much room for further upside at this point, but good luck fellas.
The panic such comments could trigger
2 M additional shares may not come for several more months. Will only be issued after a milestone and at a higher price.
Edit: Trying to get some btc back to basic-mining
?Interesting take. I think you give my words a bit too much weight if you believe a simple sentence from me has any chance of knocking this 32k company's share price down, but ty for stroking my ego.
I'm a cryptocurrency investor and have been for far longer than I've been managing any companies. Like many others I'm reviewing this company's potential and making my own decisions on if/when/and how much to invest.
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2 M additional shares may not come for several more months.
That seems new. That's a wise decision by management IMO.
I can easily see price dropping 30% or even 50% after more such statements from long-time board members. Which can be kind of healthy?
1. IPO price is truely high, and the MarketCap is truely BIG.
2. There is another batch of 2M shares coming soon or later, which is stated in Contract as "AS SOON AS ", though aiwill ensured "impossible to issue before we reach a significant milestone".
If the price can drop 30% or even 50% just because somesone speak out facts, I think it's really good investment.