Post
Topic
Board Securities
Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!!
by
Atruk
on 15/11/2013, 06:53:58 UTC
Quote
All this aside : you can’t invest with Cryptostocks for the same reason you can’t swim in the desert, you can’t invest with Cryptostocks for the same reason you can’t sunbathe at night. You can’t invest with Cryptostocks because it can’t be done, nobody can do it. It’s a gamble, and as my PR aptly pointed out for the benefit of the forum muppetry long long ago, if gambling is your idea of “investing” then you’re much better served “investing” in one of the dice games. You can roll for “dividends” as often or as rarely as you can stomach it, you can set your “dividend” ratio in advance, and most of all you are actually playing a provably fair game. Which is a much better deal than the sort of crap computer-illiterate dorks with a ready software package and zero business experience can ever offer.

Full text on Trilema, chronicling for those of you who either missed it or weren't paying attention Cryptostocks' subconscious spelling out of why investing does not and cannot take place on its "platform", from the guy's defective self-IPO all the way to the recent listing of Dragon's Tale by some random scammer with no actual affiliation with the game.

Ah I see, so it's not a problem with the exchange itself, just for the investors looking for legitimate businesses?

Cryptostocks has been around for a while. The operator has a long history of his altcoin exchange getting "hacked" and his securities exchange had nothing happening on it because who wants securities demoninated in devcoins, or shares of the Altcoin exchange that was hacked at least twice this year.

Cryptostocks is only finally attracting attention because every similar zoo in their marginally better iterations: GLBSE, Bitfunder, and BTC-TC have died. The only thing that seems to have insulated Cryptostocks from that fate was its nearly complete disuse.

The Vircurex IPO was their one big thing so far. Vircurex is also run by the Cryptostocks guy. That  cryptostocks's one big dance was such a shit show suggests the operator is actually incapable of providing the services he purports to.