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[ANN] Phoenix PHX - Crypto Holdings
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Author Topic: [ANN] Phoenix PHX - Crypto Holdings  (Read 14327 times)

Abraxas 147

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #20 on: February 28, 2015, 09:42:29 am »

Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #21 on: February 28, 2015, 01:22:21 pm »

Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).


BOOST is not associated with PHX. BOOST is a NXTventure company. However, I believe there might be something in the works. Although this is uncertain so I would still classify investing in BOOST as risky (like most investments) until an official announcement.
« Last Edit: February 28, 2015, 01:38:46 pm by whale »
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j.jaymes

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #22 on: February 28, 2015, 02:13:45 pm »

What is advantage of investing in PHX pleese?

Abraxas 147

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #23 on: February 28, 2015, 02:21:13 pm »

Quote
BOOST is not associated with PHX. BOOST is a NXTventure company. However, I believe there might be something in the works. Although this is uncertain so I would still classify investing in BOOST as risky (like most investments) until an official announcement.

Thx for the info!
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jl777

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #24 on: February 28, 2015, 07:24:04 pm »

Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).


BOOST is not associated with PHX. BOOST is a NXTventure company. However, I believe there might be something in the works. Although this is uncertain so I would still classify investing in BOOST as risky (like most investments) until an official announcement.
BOOST is inactive. The assets were never publicly released and there should be no trading in it as there is no assurance that it will have an active manager anytime soon.

Since no Boost assets were ever sold, I didnt think this would be an issue. But I see there is some small amount of trading in it. I suggest not to buy any unless there is announcement of reactivation

James
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #25 on: February 28, 2015, 11:57:03 pm »

What is advantage of investing in PHX pleese?

PHX is meant to be a well-rounded investment in crypto startups, altcoins and other crypto related projects. Instead of doing the homework yourself, someone else is doing it for you. As the fund increases in value, so will the price of the tokens.

As a side note. Please don't buy above 0.1 NXT on the NXT AE as there is still 3,000,000 PHX to be released on a yet to be named exchange. This will sell for the original 0.1 NXT price in BTC.

« Last Edit: March 01, 2015, 11:30:58 am by whale »
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KarlKarlsson

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #26 on: March 01, 2015, 11:21:49 am »

What is advantage of investing in PHX pleese?

PHX is meant to be a well-rounded investment in crypto startups, altcoins and other crypto related projects. Instead of doing the homework yourself, someone else is doing it for you. As the fund increases in value, so will the price of the tokens.

As a side note. Please don't buy above 0.1 NXT on the NXT AE as there is still 300,000 PHX to be released on a yet to be named exchange. This will sell for the original 0.1 NXT price in BTC.

Isn't it 3'000'000 PHX?  :o
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #27 on: March 01, 2015, 11:32:56 am »

What is advantage of investing in PHX pleese?

PHX is meant to be a well-rounded investment in crypto startups, altcoins and other crypto related projects. Instead of doing the homework yourself, someone else is doing it for you. As the fund increases in value, so will the price of the tokens.

As a side note. Please don't buy above 0.1 NXT on the NXT AE as there is still 300,000 PHX to be released on a yet to be named exchange. This will sell for the original 0.1 NXT price in BTC.

Isn't it 3'000'000 PHX?  :o

Whoops, forgot a zero. Fixed  :P
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j.jaymes

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #28 on: March 01, 2015, 02:55:58 pm »

So the only advantage is that sumtime the price might go up? No divs, am I right?

PHX

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #29 on: March 01, 2015, 05:36:07 pm »

So the only advantage is that sumtime the price might go up? No divs, am I right?

I'll give an example that might answer your question.

Let's presume you buy a stock in your favorite bank, but know on forehand that it will never pay a dividend, but rather raise in value with each new successful investment the bank makes. Now ask yourself: how does the bank make money?  They lend out, help businesses, invest, and much more.

I'm throwing in the bank analogy because it is the core model that fuels Phoenix as a business. We will rely on our investments, help other assets financially, keep funds in storage and so on.
Soon the Phoenix shares will have a buyback program or a market peg if you will, which will insure liquidity for all our investors.

So our investors will have 3 major benefits:

1. Liquidity
2. Ever-rising value
3. Stability of the fund

I hope i managed to shed some light on your question.
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j.jaymes

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #30 on: March 01, 2015, 07:45:33 pm »

Interesting. Will take under advizement but will watch first as price has already been raised by initial investors selling out.

Abraxas 147

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #31 on: March 02, 2015, 08:46:59 am »

Quote
Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).

Wow, earned 9 bitcoinpaul after asking a simple question. Nice new experience :-). Would appreciate if some of the people deciding to click this button are willing to communicate with me. I'm interested in understanding your motivation. ;-).


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starfishi

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #32 on: March 02, 2015, 09:01:51 am »

Quote
Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).

Wow, earned 9 bitcoinpaul after asking a simple question. Nice new experience :-). Would appreciate if some of the people deciding to click this button are willing to communicate with me. I'm interested in understanding your motivation. ;-).

Welcome to our club !   :)
(but don´t worry, at least, it means you get recognised . . )
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PHX

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #33 on: March 02, 2015, 09:09:37 am »

I believe it was Churchill who said:

''You got enemies? Good! It means you stood up for something. ''
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #34 on: March 02, 2015, 11:16:03 am »

Quote
Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).

Wow, earned 9 bitcoinpaul after asking a simple question. Nice new experience :-). Would appreciate if some of the people deciding to click this button are willing to communicate with me. I'm interested in understanding your motivation. ;-).

Until admin does something about Printshop, the only thing you can do is the following:

1. Click profile
2. Click modify profile
3. Go to Buddies/ Ignore List
4. Edit ignore list
5. Add 'Printshop'

As soon as this asset was launched, I received around 30 bitcoinpaul's (and counting). It is highly probable that it is Printshop judging from his past behavior on the forum. In my opinion I find him to be incredibly childish. Therefore, if you block him, you're not feeding the troll. Hopefully admin does something about the flawed karma system, Printshop or both.
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Abraxas 147

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #35 on: March 02, 2015, 12:10:13 pm »

@starfishi, @PHX, @whale: Thx for your feedback, it's nice to see I'm not alone :-). I suggest to re-focus this thread back to the asset now, because I don't want to get more bitcoinpauls for posting off-topic content ;-).

Still I would appreciate some direct comments from the bitcoinpaul activist  8).
 

 
« Last Edit: March 02, 2015, 12:12:58 pm by Abraxas 147 »
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printshop

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #36 on: March 02, 2015, 12:11:46 pm »

Quote
Congrats PHX :-).

You have mentioned the BOOST asset here in this thread. Are you associated with BOOST in any way? I ask because one member of your team (holding shares before the IPO) is selling BOOST shares at the same time. Just want to get things sorted :-).

Wow, earned 9 bitcoinpaul after asking a simple question. Nice new experience :-). Would appreciate if some of the people deciding to click this button are willing to communicate with me. I'm interested in understanding your motivation. ;-).

It wasn't me. This is actually the sort of question I would really like to see answered. In fact, since I posted on page 1 asking for a business plan and prospectus, I have received over forty bitcoinpauls myself.
« Last Edit: March 02, 2015, 12:15:54 pm by printshop »
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maddy83

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #37 on: March 02, 2015, 12:25:31 pm »

So is this asset similar to NXTventure? Will they be competing with each other, or does James own this asset also?
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PHX

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #38 on: March 02, 2015, 12:32:56 pm »

It's not a James asset  :D

The 2 assets will never compete , and despite some similarities the core model of Phoenix is completely different.

I will actively invest and trade altcoins with a part of the fund, and soon i will launch a financing program. The fund will also act as a holding account. More details to follow in the next couple of days.
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PHX

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #39 on: March 08, 2015, 03:56:46 pm »

Hello all,


Despite my silence in the past couple of days, that doesn't mean that i haven't been working :P

I'm glad to announce that from tomorrow i will start investments/trading in altcoins. There are still a few small things i have to set up before i begin but i believe i'm good to go in under 24 hours.

Next step will be the setting up the startup/help fund for our fellow asset issuers, but all details and plans will be announced in due time. For now, all that matters is that i'm well under way with starting the investment part, already looked into a few coins with potential and consulted with whale as well of curse.

As soon as i have more news i will make sure to post them on the tread, but i also believe that soon enough i'll be moving the thread here: https://nxtforum.org/phoenix  because i would like to dedicate a new thread to each of Phoenix's ventures and keep things a bit more organized.
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