Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
Absynth
on 04/05/2014, 19:49:34 UTC
since 25k doge are roughly $12,- you shouldn't say $100, that's true.
[/quote]
my point is that at the time of my donation, the FIAT value was close to 100$ i didnt do the math, the numbers are only to prove a point. The value of the currency at the time of donation can fluctuate, so a dip or a rise could throw off all the math if he'scashing out daily. And there is no transparency to someone cashing it all out. Every single legit BTC and Doge charity will leave the wallet alone so people can verify exactly where their donations are and when they are being spent. For all we know he's paying his bills with it. Plus what if you don't hit your target and have to pay people back? are you going to pay out 6K out of your own pocket if it drops 50% like you stated it could? I highly doubt it. YOU SHOULDNT BE CASHING OUT UNTIL YOUR GOAL IS REACHED IN THE FIRST PLACE. If you are spending donations and your goal doesnt get met then all the money spent up to that point is lost. protect yourself and your investors donations. dont spend the funds until they are all collected.