Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
nyc77
on 23/01/2014, 11:19:40 UTC
Long time lurker (and small time investor) here.

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

Bad move imho, until now at least. You should have put up your investor's shares first to get an indication of a fair market price, which would have been established within a few days. After that, your block of shares could have been sold for this price, at least to a large part. Putting up this number of shares that you own yourself (if that is even true) for this price plus excluding everyone else is a sign of greed.


We will start moving Investors shares to Crypto-Trade within the next 7 days.

Here's to hoping that you will at least start the process within the next 7 days... I think it is the only way you could ever sell that large block of shares. You need to get some large volume trading going and (re)establish confidence in your operation in order to make this work again.