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Blocked BAP Market

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Tony125s
Traffic Value: $2,081.0882 United States
2 like this post 0 people
21/10/2015 00:35
So I have 40k shares listed at 30 bap like many of you. I really want to get back up bap groups, but since both share markets are locked up I am kinda freaking out..

Until now, there has at least been some way to move your funds and shares around the site. As of now if you own shares, you basically do not have the option to sell them when you need to.

my shares are currently on the 9th page of shares for sale, I am wondering how long you all think it will take until those might be bought? I see a few large roadblocks right now... :/ I can't really participate in this site until I can get those shares turned into either cash or BAP! smile
bpc1234
Traffic Value: $62,710.15909 United States
0 like this post 0 people
21/10/2015 00:42
It will be quite some time. Weeks? 
A user sold over a million late last week.

Put a small % at 29 BAP or deposit $.
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
21/10/2015 00:55
bpc1234,

Min price is 1c and 30BAP.

Which is why I really wish that the very lowest could not be sell bids, only buy...and that the BAP should have a buy bid. Though, gamers would probably get most of those "freed up" buys. Good or bad thing, you decide.
bpc1234
Traffic Value: $62,710.15909 United States
0 like this post 0 people
21/10/2015 01:10
"Min price is 1c and 30BAP."

I did not know that. Ive been thinking someone has a bot to buy all sales under 30 BAP.

I keep trading BAP4 shares. ReBAPed today...gotta show some resolve & build my PV up.
Tony125s
Traffic Value: $2,081.0882 United States
3 like this post 0 people
21/10/2015 02:07
So basically at this point the liquidity of the site is gone?  It is one of the cornerstones of user confidence to be able to get their money into cash or BAPs when they need.
druth8x
Traffic Value: $22,417.44153 United States
1 like this post 1 people
21/10/2015 02:44
Liquidity has nothing to do with a blocked market...at least no direct or semi indirect relation.
newguy1
Traffic Value: $17,897.90531 United States
10 like this post 0 people
21/10/2015 03:01
Tony125s Well tell all the people to remove their bids and stop trying to sell for this ridiculously low price. Motivate the admin to create something real here that will bring in new people and new money. 
Tony125s
Traffic Value: $2,081.0882 United States
1 like this post 0 people
21/10/2015 05:19
@druth

Liquidity is the ability to move your funds around and withdraw if needed.  So in this situation with users having many shares, but cannot do anything with them... liquidity is gone as far as the markets go.  Unless I am wrong about Liquidity but even somebody like me who has faith beyond a doubt in this system, it is kind of scary not being able to get your money not just out, but even to be able to turn it into something useful  (cash or BAPs)  This could scare a lot of potential investors.
devrawl
Traffic Value: $1,068.2225 Romania
1 like this post 0 people
21/10/2015 05:30
what tony, you can't sell shares for bap or cash to play roulette? grin

some people will say that's not such a bad thing in the end
Tony125s
Traffic Value: $2,081.0882 United States
6 like this post 0 people
21/10/2015 06:03
Hey my losses in gambling help the rest of the site wink  
Tony125s
Traffic Value: $2,081.0882 United States
5 like this post 0 people
21/10/2015 06:31
And I am fortunate enough to make a well-off living. This site is basically the most legit and fair gambling site on the web. Either do it on here or at the indian casinos where every other person is chain smoking cigarettes haha.

As the famous quote states.  "before gambling, consider it an entertainment expense" smile
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
21/10/2015 06:57
"liquidity of the site"

My bad, I read that as Site Liquidity aka actual cash which is avl to pay the cashouts (ideally even the whole cash balances of all accounts as well).

But, you meant User Liquidity.
Yes, can't convert RP into anything (w/o a long queue)...there isn't even RP games.
yallit
Traffic Value: $2,148.94717 Philippines
17 like this post 1 people
21/10/2015 07:35
These are the 2 main reasons why people have sold their shares or are selling their shares:

1. Delayed payouts
2. Pending Forced Verification for MTV users

The admins need to address at least the first factor. Else, even those who have verified their accounts and are constantly buying shares will lose patience and join the bandwagon.
bpc1234
Traffic Value: $62,710.15909 United States
1 like this post 0 people
21/10/2015 20:09
Didnt even take a full day for Tonys shares to come up. Pleasant surprise.
Madness05
Traffic Value: $734.57051 Spain
0 like this post 2 people
22/10/2015 18:24
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