Post
Topic
Board Announcements (Altcoins)
Re: ANN CureCoin is launched 5/10/2014
by
cameronpalte
on 18/05/2014, 19:38:50 UTC

I've edited my post already, seems like I was off.

This kind of information should be public and written in the main thread (so we won't have to guess),
I see few different opinions about the amount of BTC that was raised.


Anyway after understanding the price history including the IPO stage - I pulled my buy order and will wait for a major dump to occur.
If it won't occur I guess the ship was already sailed without me  Wink

Same here, I bought 50 CURE at 0.031 last night and now after reading the whole IPO thing I decided to take the loss and sold for 0.028


To clarify the donation process.


Coins were purchased in the IPO at a rate of 10k Curecoin / 1 BTC - yes in retrospect this is a great investment but also keep in mind the risk these people had - in retrospect buying dell stock in 1990 would have been genius too.


While a decent number of coins were released those of you anticipating dumps are confused because the coins will be given to investors over a long period of time - coins won't be released into the market noticeably quicker then they are already being released. More so than that a lot of these people invested because they believe in the coin and plan on holding their coins for a long time.


Also many of you say oh I wish I had known I would have invested, and to be honest I doubt many of you would have. Sure if you knew how well it was going to do you would have invested but you don't and I doubt people who sell the coin overnight for a 10% loss because they are worried about a dump that they haven't actually take any time to research surely wouldn't take the risk of an IPO like that.


Can you bring some more light into this ? At what rate are the coins released then ? How many were released yesterday etc.

If I understand correctly what cygnus said (too lazy to go find the post now though you could probably search for it) the coins are being released at roughly the same rate that coins are being folded at until they have all been released. I'm sure someone could clarify or you could use a block explorer and search for exactly how many were given out yesterday.