Post
Topic
Board Altcoin Discussion
Re: mcxNOW Fee shares : Cryptocurrency daily earnings
by
QuantPlus
on 18/09/2013, 03:24:23 UTC
Why must one break even on the share for it to be of value?

You have a clean negative bias towards the developer and are taking it out on the product clearly. At least be smarter about your direct bashing.

Are the shares currently over-priced? Yes. That's because those buying them are speculating an increase in volume in the future and are willing to take the risk of doing so. At this point you're either jealous or just hate RS. Either are valid, but neither help progress anything.
What is the purpose of a share? To make money. These shares will never make back the original investment. Therefore, they are a poor investment.

This isn't complicated.

You have obviously never traded anything.

On an exchange, people trade securities amongst each other.

The smart, experienced traders make money trading (maybe 2%)...
I've been making about 20 mcxFEE trades/day...
I DON"T CARE which way it goes because I am capturing the spread all day long...
The long term performance of these shares is not particularily important.

It's called a Zero Sum Game... you can Google this if you know how (it's not complicated).