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Author Topic: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money  (Read 6861 times)

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January 21, 2015, 07:52:59 pm Reply #22

Offline fuzzy

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
bump.
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January 20, 2015, 03:55:19 pm Reply #21

Offline xiahui135

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Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
I bought at 1740 cny/btc to invest play, and now btc is 1300.
If play accept bitCNY, play team could have raised more. Holding too many btc, may leads to lose-lose when btc crash.
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January 20, 2015, 12:08:40 pm Reply #20

Offline graffenwalder

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Sorry should have quoted delulo
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January 20, 2015, 12:06:50 pm Reply #19

Offline cass

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
did say mention they will hold half in BTC!? sry not up to date ...
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January 20, 2015, 12:03:52 pm Reply #18

Offline graffenwalder

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: cass on January 20, 2015, 11:47:40 am
Quote from: delulo on January 20, 2015, 11:44:52 am
Quote from: Graffenwalder on January 20, 2015, 11:15:41 am
Selling another 450 BTC?

https://blockchain.info/address/3DPD7z66T7DXULvFZUsc4xNcVS2q68TM3u
It is reasonable to sell at least half of the raised funds. Otherwise you are in the business of speculating on BTC...

yup, i would do same!

i3 lost a lot of their funds due BTC price volatility
Ok, what's done is done. (1000k BTC sell)
But so far they've raised just under 2K BTC.
So selling another 450 BTC is not half of the raised funds.
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January 20, 2015, 11:47:40 am Reply #17

Offline cass

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: delulo on January 20, 2015, 11:44:52 am
Quote from: Graffenwalder on January 20, 2015, 11:15:41 am
Selling another 450 BTC?

https://blockchain.info/address/3DPD7z66T7DXULvFZUsc4xNcVS2q68TM3u
It is reasonable to sell at least half of the raised funds. Otherwise you are in the business of speculating on BTC...

yup, i would do same!

i3 lost a lot of their funds due BTC price volatility
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January 20, 2015, 11:44:52 am Reply #16

Offline santaclause102

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: Graffenwalder on January 20, 2015, 11:15:41 am
Selling another 450 BTC?

https://blockchain.info/address/3DPD7z66T7DXULvFZUsc4xNcVS2q68TM3u
It is reasonable to sell at least half of the raised funds. Otherwise you are in the business of speculating on BTC...
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January 20, 2015, 11:15:41 am Reply #15

Offline graffenwalder

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
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January 16, 2015, 02:03:17 pm Reply #14

Offline Rune

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: logxing on January 16, 2015, 01:54:20 pm
Quote from: xeroc on January 16, 2015, 11:59:26 am
Quote from: sumantso on January 16, 2015, 11:49:56 am
I don't see a rise in the BitCNY marketcap either.
I do ..
We bought bitCNY through TradeBts.

It's nice to have someone offering this kind of service. Vote for tradebts.gulu!
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January 16, 2015, 01:54:20 pm Reply #13

Offline logxing

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: xeroc on January 16, 2015, 11:59:26 am
Quote from: sumantso on January 16, 2015, 11:49:56 am
I don't see a rise in the BitCNY marketcap either.
I do ..
We bought bitCNY through TradeBts.
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January 16, 2015, 11:59:26 am Reply #12

Offline xeroc

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: sumantso on January 16, 2015, 11:49:56 am
I don't see a rise in the BitCNY marketcap either.
I do ..

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January 16, 2015, 11:49:56 am Reply #11

sumantso

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Did they sell before the crash?

EDIT: The funds moved out day before yesterday, so they sold right at the bottom lol. Somebody panicked - way to lose investor's money :D

I don't see a rise in the BitCNY marketcap either.
« Last Edit: January 16, 2015, 11:53:41 am by sumantso »
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January 16, 2015, 11:39:43 am Reply #10

Offline Rune

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
I'm really looking forward to PLAY. With gateways and bitPLAY on BTS we can bring them lots of exchange volume as BTS increases in popularity.
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January 16, 2015, 09:43:08 am Reply #9

Offline cass

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
 +5%
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January 16, 2015, 08:49:44 am Reply #8

Offline xiahui135

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money

Quote from: fuzzy on January 16, 2015, 07:49:50 am
Quote from: Ander on January 16, 2015, 07:23:49 am
I'm pretty sure they sold near the bottom. :P

Look on the bright side...at least their CNY didn't go up in smoke :P
At least the fund of the dev team is under control. So how long the play team can go is under control.
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January 16, 2015, 08:13:04 am Reply #7

Offline Empirical1.1

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: Ander on January 16, 2015, 08:01:39 am
Its very nice that they bought bitCNY.

 +5%
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January 16, 2015, 08:01:39 am Reply #6

Offline Ander

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Its very nice that they bought bitCNY.
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January 16, 2015, 07:49:50 am Reply #5

Offline fuzzy

Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Quote from: Ander on January 16, 2015, 07:23:49 am
I'm pretty sure they sold near the bottom. :P

Look on the bright side...at least their CNY didn't go up in smoke :P
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January 16, 2015, 07:23:49 am Reply #4

Offline Ander

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
I'm pretty sure they sold near the bottom. :P
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January 16, 2015, 07:21:37 am Reply #3

lzr1900

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
good
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January 16, 2015, 07:08:58 am Reply #2

Offline xiahui135

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Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
play have the right choice.
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January 16, 2015, 06:49:15 am Reply #1

Offline btswildpig

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Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
https://bitsharestalk.org/index.php?topic=13364.msg174810#new


Just heard , Play sold 1000 BTC and got   1,197,344.88 CNY ,  then they purchase BitCNY with 30,0000 CNY . (about 48543 USD value . )
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