I think Jl777 should listen to most investers' opinons, you should forbid selling out tokens during ICO period.
It is funny for invester to compete with official seller. When poential buyer consider they maybe have cheaper token to buy, why they need to invest more money to offical?
I admired JL777's moral for his caring the urgent money demander, but his decision isn't suitable for business behavior. Other firm investers were hurted . I doubt whether there are more investment if he continue current policy.
doesnt make sense to me. if anything i think there will be more investors since they are getting a cheaper deal than official price. If people are willing to work the little arbitrage let them. most only sell small amounts anyway and they are bought out as soon as they appear. how are other investors hurt? you mean because the token is valued less from those small deals? they have no impact on the official price. It is funny for invester to compete with official seller. When poential buyer consider they maybe have cheaper token to buy, why they need to invest more money to offical?
I admired JL777's moral for his caring the urgent money demander, but his decision isn't suitable for business behavior. Other firm investers were hurted . I doubt whether there are more investment if he continue current policy.
Investors are the one's who moaned at him that they couldn't sell it lol.
Cant please everyone.
A point to note, for people buying on NXT AE they are allowed to sell so this influenced me to make bter purchasers to have the same abilities.
On the theory that this is some NXT and BTCD whale conspiracy to make money, well, yes it is!
The plan is to buy at NAV (liquidation value), which is really quite a good deal, with little risk. So now whatever value all the future dividends are making is in addition to the NAV, but it didnt cost anything. So we are getting something for nothing. Whales really like that. Maybe it will only be 10%, maybe it will be 50% or more, either way the risk/reward ratio is whale friendly.
Now to make sure that only the whales get this advantage we explain in great detail how all this works, this allows everybody else to get the same deal as us. However, here is the clever part. Nobody will believe this, since it sounds too good to be true! For this to be true it would require the highly unlikely guy that actually wants to help crypto and who is generous and we all know this is impossible to happen. Everyone is always a greedy pump and dumper, this is a proven fact, listen to the podcast (http://letstalkbitcoin.com/blog/post/beyond-bitcoin-13-one-to-rule-them-all Starts at 39:40)
So, all the non-whales are going to be confused by this, but since all the details they are written they cant be any large moanings after the trading it happens. It should have more liquidity than NXT and BTCD, so this is an added benefit, one that non-whales dont care much about. There is always a risk that the trading volumes wont be that big, but the future dividends are sounding promising, so even if the time to wait is for some months or even years, even without the trading the money could be coming back.
such conspiracy
much patience
many money
James