I don't want to complain about the huge price drop, since I am still a believer and support I3.
But... I am a long term investor and I am following from the beggining and I didn't see that happening...I thought that there would be some price stability in the price of PTS and not such a huge drop. If I3 knew that this was going to happen, for example if I3 sold PTS like crazy after the snapshot, I think that some advice or warning should have been sent to people who are following from the start in order to protect our shareholdings by selling also and then re-bying low now.
At this point I feel that even since I am here from the beggining I didn't make any profit and later investors coming in now have almost the same advantages as my self. Sure I will get XTS where others won't but with this drop in price I could have cashed some profits and then re-invest. Or do we expect the price to go even lower than that?
I believe that if I3 wants to keep the investors investing in them should send us some opinions, advices or signals of what they think is going to follow. An email like the nice reports that we receive from time to time would have been nice. Not everyone here read the reddit articles...
And I don't think that this would fall under inside information, but rather just an advice for the preservation of the purchase power of the initial investors. Every company sends reports to their clients and to their investors with opinions and advices. They ofcourse writte a disclaimer but they do send out warnings and reports.
Anyway, I don't want to complain anymore..I should have known better and I should have probably foresee that this would happen...It is just ennoying and makes me think to be more carefull in the future. Every time that there is a new release and the snapshot is taken everyone is going to sell like crazy...This in my opinion creates an instability and uncertainty to people who want to be long term investors..
I appologise in advance if I offended anyone.This is not my intention.It is a free market and everyone is responsible for his actions!
Well I do not intend to offend you, but I think you need to learn more about investing and market reactions in supply/demand... we were all informed for several weeks there would be a snapshot taken on february 28th... so by setting such a deadline for the reward of BTS, there will be a natural increase in demand as people want to be apart of that, and naturally once the snapshot is taken, there is no longer a reason for them to hold on to PTS with this method of investing... so they immediately started selling off before demand dropped and prices as well dropped with it...
if you were mining PTS you would have seen a HUGE increase in the number of miners and equipment pointed at PTS in the weeks before the snapshot as people jumped on the bandwagon to get in time for the snapshot... the difficulty per share doubled in an extremely short period as a result... and now that the snapshot is over, the number of miners have run off to other coins as there is no immediate need to hold on to PTS...
now when invictus announcers there will be another snapshot coming up, you will most likely see another increase and then dropoff again after because of the style of information needed to be collected... they don't need the people to be holding the PTS after they take the picture so to speak, its locked in and done...
invictus can not give out investing advice to people when to buy or sell (legally it would be horrible to do), as they also are speculating on what the market will do... and could be held liable for giving out investing advice without being registered to do so... each state in america has different laws regulating people who give out financial advice in an official form, they would be held to a different standard in most states than us in the forum speculating... insider information is a whole different ball of wax, if they used knowledge the public did not posses, like lets say they did not announce when the snapshot was going to be, and bought up all the PTS they could ahead of that, and then announced it, that would be insider trading and manipulating the market since it was not made public knowledge and they traded ahead of time for an advantage...