Post
Topic
Board Service Discussion
Re: Havelock Investments - Exchange feedback/comments
by
ar9
on 31/03/2014, 20:55:04 UTC
HaveLock doesn't protect their users like they ought to.
They have to vet the stocks much better than they have.

Starting with LabCoin, SDice... they have continually pulled stocks, leaving the users with nothing but all the funds are in Havelock's hands.

Now Neo/Bee.
I am done with Havelock.

I guess you weren't around for the GLBSE (Not many Were)

But more recently the Bitfunder and BTCT days with exchange collapses and a lot of stocks being pulled.
Basic, Labcoin, Activemining, BitVPS etc among them compared to that this is pretty mild.

That said I sort of miss the days when you could vote in an asset although it did result in a few flops being voted in, that said for the most part the list of stocks havelock uses and what remains now is fairly decent valuations aside.

Of course with Cognitive and Neo recently it isn't that good of a feeling, although with Neo the trade halt wasn't on havelocks side but on neobees request, and Sdice was Everohees buyout and a pass-through of MPEX to begin with so they had no control on the exchange owners decision and the stock in that case.

agreed, sdice was out of havelocks hands.

but not cavirtex which seems to have been forgoten; they set the precedent by removing their shares from trading. Cavirtex's move was a real shitty deal for havelock users but not for cavirtex, which walked away with a nice cash grab.



Agreed.
That VTX fiasco was the final straw for me and I pulled all funds out of Havelock after that and haven't looked back.
I vouch to never use CaVirtex either.
That was a shitty deal for us share holders who helped that company get off the ground with its IPO.

They promised "dividends" during the IPO.  Pulled the shares and promised that those who still hold and register their shares would be rewarded with dividends, of which, I haven't see any go out yet (I'm not a shareholder though).

That experience was more than enough for me to justify never using their "service" again.

Havelock was a great exchange.
Now it's on par with BTC-TC and BitFunder, IMO.