Post
Topic
Board Securities
Re: Which stock securities do you recommend ?
by
AcoinL.L.C
on 21/06/2014, 03:41:08 UTC
^Interesting idea you got there, though facts don't support it.  BTC price actually fell since the first IPO.  If RENT worked as a hedge, share price should be higher.  

But wait!  That's not all!!  You'll also receive five paring knives exciting third-party risks!  RENT could fold and Havelock could fold, leaving you sad and unhedged Sad

Wanna hedge your Bitcoin bet?  Invest in teh $, which has historically maintained perfect $ parity Smiley


Announcement   Start Date/Time   End Date/Time   Status   Units   Remaining   Max/User   Price/Unit   
2014-03-28   2014-03-31 12:00   2014-04-30 12:00   closed   50000   26900   50000   ฿0.00750000   
2014-02-05   2014-02-07 13:00   2014-03-07 13:00   closed   78534   0   78534   ฿0.00550000   

My bad, it was roughly the same price, price range was ~$630 - $520 during the period of its 2 IPO's. Either way its a good value, current market cap is ~444k, whereas they have over 600k in assets / cash. I would also be willing to bet a pretty penny they don't fold. If Havelock goes into financial distress they have investors emails / information (at least I believe so, I know cryptostocks does this), and theres always risk using a 3rd party, regardless of who it is. I think the risk is small enough to invest on their platform, as do many others