BitShares Forum

Other => Graveyard => DAC PLAY => Topic started by: btswildpig on January 16, 2015, 06:49:15 am

Title: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: btswildpig on January 16, 2015, 06:49:15 am: https://bitsharestalk.org/index.php?topic=13364.msg174810#new (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 . )
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: xiahui135 on January 16, 2015, 07:08:58 am: play have the right choice.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: lzr1900 on January 16, 2015, 07:21:37 am: good
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: Ander on January 16, 2015, 07:23:49 am: I'm pretty sure they sold near the bottom. :P
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: 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
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: Ander on January 16, 2015, 08:01:39 am: Its very nice that they bought bitCNY.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: Empirical1.1 on January 16, 2015, 08:13:04 am: Quote from: Ander on January 16, 2015, 08:01:39 am
Its very nice that they bought bitCNY.

+5%
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: xiahui135 on January 16, 2015, 08:49:44 am: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: cass on January 16, 2015, 09:43:08 am: +5%
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: Rune on January 16, 2015, 11:39:43 am: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: sumantso on January 16, 2015, 11:49:56 am: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: 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 ..
(http://i.imgur.com/UlLTX3X.png)
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: Rune on January 16, 2015, 02:03:17 pm: 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!
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: graffenwalder on January 20, 2015, 11:15:41 am: Selling another 450 BTC?

https://blockchain.info/address/3DPD7z66T7DXULvFZUsc4xNcVS2q68TM3u
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: santaclause102 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...
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: 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
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: graffenwalder on January 20, 2015, 12:03:52 pm: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: cass on January 20, 2015, 12:06:50 pm: did say mention they will hold half in BTC!? sry not up to date ...
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: graffenwalder on January 20, 2015, 12:08:40 pm: Sorry should have quoted delulo
Title: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: xiahui135 on January 20, 2015, 03:55:19 pm: 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.
Title: Re: Play project sold 1000BTC , and bought 30,0000 BitCNY with part of that money
Post by: fuzzy on January 21, 2015, 07:52:59 pm: bump.