Post
Topic
Board Announcements (Altcoins)
Re: [CPL]CapitalistCoin [PoS] Pre-announcement - IPO Stage 1 begins April 7
by
CryptoCapitalist
on 07/04/2014, 20:56:26 UTC
What happens with the ipo when the buy interest stuck on stage 7?
15mil coins are a lot and everybody who want to buy at this stage aren't able to make a guaranteed profit. So it isn't unreasonable.

Once we initialize marketing and advertising push after stage 3 we are initiating multiple merchants to accept our coin at launch, we will also be bringing it to the exchange at that time however with a buy in phase no one in stage 7 would want to sell their coins for less than their investment.

All other stages listed below have buy backs so anyone who would like to sell can sell back directly to us for a profit.

This alleviates the dump on the exchange and allows stage 7 to be a bottom for the coins value.

If you would like i can explain it in more economic terms however I am trying to lay it out in lamens terms for everyone to understand.

If you would like to learn more about the IPO before we announce tonight at 7PM please contact cryptoanalyst@capitalistcoin.com

I don't agree with this. What people want and what people do are two completely different things. I've seen it many times before and a buy in doesn't protect this coin from dumping lower, even though people make loss. So you should spend some thoughts to the case if the demand in stage 7 stuck. As I said it before it isn't unreasonable.

I see what you are saying... Once we start to reach that stage we can always put it to a vote on what the community would like to see happen that I feel would be the best way to achieve the most effective result...

We also have plans to ensure a large enough buy wall is set at the price of stage 7 or above stage 7. We are capitalists and are working with investors to ensure everyone comes out ahead.