Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NEW] XCloudcoin | Profit Share | XCloudIM Google Play | 1 Million coins
by
HoldTheLine
on 04/09/2014, 13:08:25 UTC
Yes exactly our funds are locked in so if profit share plan changes we will have no incentive to keep our coins in wallet or be an ICO investor.

Wait a minute ..

The 'incentive' as an ICO investor was the price ..
I know because I am one  Grin

The profit share payout percentage ( think dividend ) has to be the same for
all CLD holders .. period ..

Triff ..


But think about people who bought as an ICO sold at about 5000 and now again can buy 5x more coins and have greater share of profits.

Unfortunately pal that doesn't apply to many of us. I trusted and bagheld this thing since day 1 - only just missed the ICO by a matter of an hour or so. I watched it go up to 45,000+ and I watched it fall to 6700. I don't see why I should get any less share of the profit than someone who bought the ICO. Sure they can have 10,000 and I must have 20,000 - I can live with that - but no way will I accept a 40% lower profit share for spending at the very least 200% more.

I agree but you still have chance to book profits in future and buy back more coins if the value again swings like it did before. We don't have that choice as ICO investors can either keep the coins all the time in their wallet to share that % of profits or loose the status and be one of NON ICO investors.

Your reward is you only had to buy 10,000 at 10,500 Satoshi. Anyone else will now have to buy 20,000 at upwards of 20,000. Can you not see how it is absolutely no advantage whatsoever?