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General Discussion / Re: Compuceeds and Compumatrix
« on: November 28, 2016, 02:11:46 pm »
Just think about this, there are 1000+ members, all with a lot of theoretical value in their accounts. They have to make sure they don't hit a zero balance when everyone rushes to cashout. Because the goal of the company, if it is doing what it says it is doing, is to create a way for people to use Fiat to get cryptocurrency. And right now that isn't working because the cashout process is not finished being set up. But once the cashout process is set up people will be able to use Fiat to buy a code from Compumatrix members, then those people will be able to turn around and use that code to cashout Bitcoins.
So if they hit 0 while cashing everyone out, the whole thing collapses. I am guessing, but it is a pretty fact based guess, that they raised the coin cap in order to make sure they could get enough money to do all of this without going to 0. They weren't getting enough with 1.5 billon, I am guessing, and they needed to raise the cap so that they could get enough funds to cash everyome out, as well as have the funds ready for when people start buying codes and cashing out.
So if they hit 0 while cashing everyone out, the whole thing collapses. I am guessing, but it is a pretty fact based guess, that they raised the coin cap in order to make sure they could get enough money to do all of this without going to 0. They weren't getting enough with 1.5 billon, I am guessing, and they needed to raise the cap so that they could get enough funds to cash everyome out, as well as have the funds ready for when people start buying codes and cashing out.