Post
Topic
Board Announcements (Altcoins)
Re: [ANN][IPCO] Reddcoin [RDD] - the coin of the internet! Release on February 2nd.
by
LMFS
on 31/01/2014, 18:02:47 UTC
Hi everyone,

Please keep this in mind: The value of your investment doesn't change when more people join the IPCO. You will get less coin, but every time someone joins the IPCO, the coin value increases.


i already did the math. since you have weighted factors the value does change. 4 days ago my initial investement was worth $1,200+. More people invested, value of redd went up, total coins i recieve went down. AND my invested value reduced as well. a note... in fairness i would recieve 39,000,000 less coins if this were valued and distributed properly. I feel these rules in place do not protect the investor. IF the value jumps to .00000005 btc each on feb 14th... someone or group of someone could come in... invest 17BTC and clean half the IPCO share away... turn $13,000 investment in $109,000. Anything is possible in this market. With the rise and fall of value in market alone is the risk we all take. Now as investors we also risk someone sneaking in the back door and stealing 1/2 everyones money. How can you not see that. You as Developer have a responsibility to protect us investors. You can't conrol the market... but you can control this.