I actually trade the coins every night or every two nights. I am not making any profit off the donations. However, one member specifically asked me not to trade his donation in until a few days before the event. I respected his wishes
Let me get this straight, people donate money to you for a campaign and you GAMBLE it?
I dont think thats appropriate behaviour under ANY circumstance.
Thats borderline Fraud and your credibility totally out of the window.
This time you threw yourself under the bus.
I understand there might be a language barrier so I will try again. I trade the coins every night or two into fiat. I trade the coins it into dollars since I can't pay for the services in BlackCoin. I have no clue if the price is going to go up or down, so I have to convert the coins every few days.
That's why we shouldn't donate in BC
Just kidding
A lot of people donate in BTC but the problem still remains the same. I have to convert whatever currency into dollars. I do not sell the BC all at once because I do not want create sell pressure. I sell a little at a time.
Alrighty, so with the blackcoin address > http://explorer.blackcoin.co/address/BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP
We have over 58k blackcoin sent to the cause~ great!
Now checking the bitcoin address > http://blockexplorer.com/address/12jhNVMj5kk7akem2wxDwnpQvGdro3NzJ4
So there is over 22 btc sent for the cause!
So, that is, (give or take a few btc away, since IE sold every once in a while for BC) around 38 btc.. Calculating that in today's price
Using Bitstamp price that's = $16,682 USD
So, that's over $12,000 USD, which means we have a camera crew and the wallstreet stuff a-go ?
I hope this is true, since.. what else would the funds be used as?
Good job guys!
Awesome job, IconicExpert
Can't wait for the event to happen~!
Hi...Thank you for your comments but your calculations are inncorrect. The BTC address is my coindesk address and everything is sent to that address.
As for the BC address you have to start calculating from the point of when I announced the event.
In total (rounding up) we have raised $4100... no where close to $16,000.