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Welcome Guest - Login / Register Forum - Brainstorm - Remove the $0.01 limit on the market or not?

Remove the $0.01 limit on the market or not?

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jason77
Traffic Value: $17,578.9192 Mexico
3 like this post 1 people
24/11/2015 19:56
ok brainy i know this is a strange thing for me to say seeing is how i love mtv and its users i only voted no because i bought most of my shares at 0.01 and the worst outcome for me is i brake even if the limit stay if the price plummets if this change thing takes place i will lose even more money honestly what i did right before the swap to try and help mtv out i bought ftqs that i knew i would lose money on so the site could swap it for a profit so i hope the admin see this and know i tried to help out their i even bought a few of marcs ftqs just my opinion doesn't make me right either way im here to stay
Brainy
Traffic Value: $1,095,877.628 Canada
14 like this post 4 people
24/11/2015 19:59
@jason77, but there is 19,000,000 RPs listed at $0.01.




You have the right to think someone will inject $190,000 in MTV to buy all the shares at $0.01, but if people don't want to buy at $0.01 you can't force them.. anyway.. I couldn't resist to reply.
druth8x
Traffic Value: $22,417.44153 United States
2 like this post 1 people
24/11/2015 20:01
Well, now if you do a BAP swap, you are going to really annoy these ppl that are attempting to sell huge blocks of RP for BAP...precisely to daytrade and buy lower....otherwise why now vs the previous week?
Brainy
Traffic Value: $1,095,877.628 Canada
23 like this post 4 people
24/11/2015 20:01
If the No vote wins, then we should make a new poll

"What bottom price limit should MTV have to help the business"
1- $0.01
2- $0.02
3- $0.05
4- $0.10
5- $0.5
6- $1.00
7- $2.00
8- $5.00
9- $100.00
10- $100,000.00

Let's put it at $0.10 and every buyer at $0.01 will make a fortune! smile
Der_Volgen84
Traffic Value: $770.93652 Ukraine
0 like this post 3 people
24/11/2015 20:02
Brainy


Ok, we'll see that and I hope the $0.01 minimum will not be rejected.


Best regards!
jason77
Traffic Value: $17,578.9192 Mexico
0 like this post 0 people
24/11/2015 20:03
i here you brainy i just like to fill safe and i know i bought my shares at a penny if it dont go down i will not lose a dime but what ever is good for the company i guess is good for the company either way im sure this new rule will pass im just glad i did my small part and bought those ftqs before the swap in my opinion you know what your doing brainy so if your in i am in ill change my vote to yes
Hirenbhai
Traffic Value: $346.1741 India
10 like this post 16 people
24/11/2015 20:04
I absolutely agree with Druth and voted NO! Why?? ... Simple because if there is no bottom limit, then the price of RPs will keep reducing to $0.001, ...then $0.0001, ...then $0.00001, then $0.0000001 and so on.... till it actually reaches ZERO!!! .... How can you not see that?? ... Daytraders huh!! sick

And in a few weeks you'll be able to buy ALL of the 500 Million RPs for $5 !!! grin
Faric93
Traffic Value: $76,462.23564 France
1 like this post 0 people
24/11/2015 20:04
I am Still there and already invested almost $300 just before/after swapp...
Even if i "loose huge" from 3 past swap since february 2013 from FTQ ....
My PTV amount does not Lie ! Most invested back to 250% Plan instead of withdrawing ...
Over $6000 deposits in 3 years and just 18% Cashouts all times ...
I Allways Trust MTV/PV potential and New Admin Team improvements !


So i voted YES as i will miss funds to buy, again, Thousands MORE RP at $0.01 till end of Year !
Mentysis
Traffic Value: $4,897.89575 Italy
2 like this post 1 people
24/11/2015 20:05
We are at 80 % YES (20:04:59 - server time) grin
shaukat19
Traffic Value: $45,492.60776 Pakistan
3 like this post 14 people
24/11/2015 20:06
it's will be a very stupid move
robot user's liking this post
Brainy
Traffic Value: $1,095,877.628 Canada
8 like this post 0 people
24/11/2015 20:06
@Hirenbhai So you think people will sell at $0.00001 but a valuation of $5,000,000 ($0.01 price) for MTV is right?
jmfjmf
Traffic Value: $176.69082 Argentina
2 like this post 0 people
24/11/2015 20:08
If you remove the 0.01 but keep the 30 BAP for some more time, that can help to clean the  BAP debt faster, and help the RPs buys and deposits, something like a BAPs promo, so no need of BAP swap.
shaukat19
Traffic Value: $45,492.60776 Pakistan
4 like this post 16 people
24/11/2015 20:09
All pv user's liking this post
it's not fair with shareholder's
dguy
Traffic Value: $15,993.01608 Canada
8 like this post 0 people
24/11/2015 20:09
Hi Marc,

Are you going to put in position limits too so that big traders cannot control the market?
Hirenbhai
Traffic Value: $346.1741 India
1 like this post 7 people
24/11/2015 20:10
@Brainy - So do YOU think that a valuation of $5 for MTV will be OK???!!!! angry
Missit91
Traffic Value: $30,507.44878 Mexico
2 like this post 0 people
24/11/2015 20:10
I Love how the people reacts at the bad news.

Admin says a POSSIBLE BAP Swap, the price skyrocket.

Admin says a possible (but a more feasible than the another idea) and the BAP price goes to the ground.

Yeah, We'll "lose our 10% money and get a 1% of the original money" but do you understand how the daytrade works? If the ppl start to stop complaining about their loss and start thinking about new chances, then we can get some chances to win something.

Before the swap, you could Sell your 0.01 RP's at the high prices, 0.02 or more, so you could get x2 of your investment. You could also sell the RP and get some BAPS, then after the SWAP buy the RP's at low price with your BAPs, then after the BAP SWAP notice, sell your RP's again for more BAPS and now with this notice, or after the limit has been removed, you could buy even more RP's, and sell them some day. 

With that you could get more and more RP's. The leaving people will sell their RP's and eventually less people will sell @ 0.001, so the daytrade can be done again.


Sorry if my grammar is bad, for now I don't have time to check it, but i hope that the msg is understandable.
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
24/11/2015 20:11
Hirenbhai,


It won't be $5, for all 500mil, lets be real.


But it will probably still be "$190K" at whatever price it drops to.


After a few days, maybe weeks, the trading will dry up, if daytraders are allowed to sell very close to what they bought at.
Brainy
Traffic Value: $1,095,877.628 Canada
21 like this post 2 people
24/11/2015 20:12
@Hirenbhai, what the heck, I never said that. You actually are the one who said MTV worth $5 in people mind.

What I say is MTV worth what people think it worths, and only a free market can illustrate MTV current value..
Tur3k
Traffic Value: $934.63333 Slovenia
5 like this post 1 people
24/11/2015 20:12
well, with 3% fee there will be much harder for the daytraders... 
Vedruss
Traffic Value: $100.75834 Ukraine
1 like this post 7 people
24/11/2015 20:13
I wote "Yes"
Remove the $0.01 limit on the markethe $0.01 limit on the market is right choise.
If RP will cost lower then $0.01, and BAP value will stay same (now 52-59), people will invest to have more BAP per 1$. That will give a push for MTV.


But, after removing limit, it can`t be returnet back.
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