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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il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
24/11/2015
21:23
Current status is 81:19
hispanomc
Traffic Value: $9,334.85757 Spain
24/11/2015
21:24
Brainy Just one kind question brainy. If 0.01 is "an insane limit" and a "overvaluated" price, why the hell didn't you sell all your shares at 0.04-0.1 range from january to april? It would have been $400k to +$1M instead of less than 125-150k + BAP that you managed to keep until now. I know the answer, you don't have to make an effort to post
grasle
Traffic Value: $41,486.01161 Poland
24/11/2015
21:24
Marcde, remove bottom limit and you can make fee even 5%. We will get nice profit from it. Or even more. If BAPS are 15% why shares not same ?
CristiU
Traffic Value: $844.91851 Romania
24/11/2015
21:27
Just remove the limit already and let's see the market going, likes have been long enough over 80%. It's time to see some action, even if this directs us right into the bankruptcy as some users are saying, that is the direction anyways just that is more slower without that limit being removed, so this is kind of a last shot.
orlan12fish - Administrator
Traffic Value: $5,500.61933 Guatemala
24/11/2015
21:28
I'm voting YES! Even though I was okay with the limit (because there was no way to lose if I bought at $0.01) Anyway, this could be it! With this step, it might attract people to fund their accounts to buy a lot of RPs. At least... I'm funding my account! I would love to get 1 million RP! 293 Like 65 Disagree 82% Cool!
calobeni
Traffic Value: $1,793.38751 Italy
24/11/2015
21:31
@BrainyWhat did I say is wrong? The facts are MTV was in good shape, because big users didn't cashout so much, around 10% over their ROI, so money wasn't an issue, but one day you decided to full cashout and at the same time stop promoting MTV, so you've deposited for about 35000$ and cashout 150000$, and the question is who did pay you these 115000$? The USERS. You did a good think cashing out everything, but YOU CAN'T BLAME US FOR KILLING MTV, WHEN YOU DID IT. This is what I'm trying to let you understand. @Felipevd I'm also in profit, so I don't get your words.
hrjustinptc - Forum moderator
Traffic Value: $8,376.82638 United States
24/11/2015
21:31
I think it would be good to remove the limit then there is no forced valuation of the RP. The users should dictate the price. Some people will sell cheap maybe even for several months. Eventually though enough people will buy shares that wont turn around and sell them super cheap. Its just a matter of redistributing the RP to those who would rather hold it then daytrade.
mio2815
Traffic Value: $32,608.39303 Germany
24/11/2015
21:32
just one sentence to everyone whining about daytraders: A daytrader could only bring down a share price if it's overvalued, else there would be someone buying the share!!!
Brainy
Traffic Value: $1,095,877.628 Canada
24/11/2015
21:32
@hispanomc, because I was dumb enough to believe MTV would succeed and become a multi-million worth company I guess.MTV is not what is was anymore. It never had any product and still don't have any other than a simple revshare and casino games. MTV was all about a dream that Jo could feed so well. But now it's gone, and that's why MTV don't worth a fraction of was it used to be and people don't have any choice but to adjust with the reality.
hispanomc
Traffic Value: $9,334.85757 Spain
24/11/2015
21:34
You are right, mtv is not anymore what it was. It is not anymore a ponzi bubble.So you valuated a ponzi bubble at minimum x10 and potentially x100 times more than a real start up business
curtisdale16
Traffic Value: $2,182.59396 Argentina
24/11/2015
21:34
hrjustinptc you're a new mod?? never see you here.. well welcome my compatriot. maybe the replacement of missing domen just maybe
jmfjmf
Traffic Value: $176.69082 Argentina
24/11/2015
21:35
78%, i think is clear enough.
druth8x
Traffic Value: $22,417.44153 United States
24/11/2015
21:35
I tell you another thing about removing the limit is nothing at all here is stable, not even $1.05 gets you 3100 BAP (b/c with 100 BAP fee and no ads). I feel more and more like giving up on this guessing game of which to be invested in (BAP/RP/FTQ/Cash) at which time, even 25% doesn't work, when there was a swap, or a potential swap. For instance, we still have yet to come up with enough dev funds, nor are we getting Group Ads anyways, so selling RP for 70 BAP b4 fees, didn't make sense, since a BAP swap was a very possible outcome if we don't get the dev funds. Now, selling would have made since so we could have bought more lower, even with that BAP vs the Group Ad cash.This would mean 0 chance of me investing more, esp from fresh funds, which I do actually have a few thousand, if I could trust the site. I haven't lost trust in the intentions/potential of the site, but the reality is clearly there for not wanting to risk more when others aren't. I'd just convert all to RP and then just hope that a blank page isn't here when I check back every few months, and at some point the site will be alive again. I refuse to sell less than my avg buy, actually I refuse to cash any of it out, until it's 100x my avg buy or more...if the limit was removed, the Group Ads would have to grow a lot, while still being low, so I can rebuy with that money.
acaciosc
Traffic Value: $160.97913 Brazil
24/11/2015
21:36
I wonder WHY did MTV put a limit in the RP price in the first place...
Brainy
Traffic Value: $1,095,877.628 Canada
24/11/2015
21:37
@ hispanomc, and almost nobody is willing to put a dime in MTV anymore, even the big cheerers.. I don't invent this situation. MTV is not even covering his running cost at the moment..And yes I could have cashed out a million several months ago. I didn't and I don't whine about it. I cashed out what I could durng the last few months which was 5x-10x less and I get blamed by some people for it..
hrjustinptc - Forum moderator
Traffic Value: $8,376.82638 United States
24/11/2015
21:38
I was a mod but not technically anymore for a while now. I just run the monitor as best as I can for now.
calobeni
Traffic Value: $1,793.38751 Italy
24/11/2015
21:42
@acacioscIt was a bad move by Marc. But he promised he wouldn't have remove it, so I hope he will keep what he said, because if not, HOW CAN USERS TRUST TO SOMEONE WHO CAN'T KEEP THEIR OWN WORDS?
seifersouls
Traffic Value: $113.22286 Venezuela
24/11/2015
21:46
@Brainy They need a new anti-christ, and looks like they fund it, they were running out of JO so, they play the "big investor with no heart" card, really lame move. They forgot that it wasn't you who didn't talk about liquidity, so if you go they are going to blame it on you... i'm really sorry bro..
hrjustinptc - Forum moderator
Traffic Value: $8,376.82638 United States
24/11/2015
21:46
Well if the majority of the users vote yes to remove the limit then its not really Marc breaking promises. This is a crowdfunded and crowd based site. It is fair to allow the users to judge for themselves how to move forward. This vote is until the 27th so it should have a good user sample by then.
calobeni
Traffic Value: $1,793.38751 Italy
24/11/2015
21:50
@hrjustinptcIf this was a real crowdfunded, Admin should have asked to us about putting a limit to 0.01$ per share, but it wasn't happened |