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[ANN] Phoenix PHX - Crypto Holdings singapore
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Author Topic: [ANN] Phoenix PHX - Crypto Holdings  (Read 13896 times)

chanc3r

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #80 on: May 14, 2015, 07:33:20 am »

He knew who the buy was...
He knew I'd got in cheaper than him...
He knew with the liquidation NAV it would not hurt too much...
He told me in slack as he pressed the sell button...
So some points were scored...
But I think I'm still ahead...  :P

well, selling 497'500 phoenix at 0.155 with insider info (my suspicion) kind of hurts your reputation whale.

but chanc3r is happy with the deal. at least until now he was:D



I can only speak personally

I had 2/3rds at IPO price of 0.1 and 1/3 at 0.155 which gave me a blend of 0.118 so redeeming at 0.13 still gives me some benefit.
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rajc

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #81 on: May 14, 2015, 07:36:37 am »

yes i realized later, that this is possibility
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #82 on: May 14, 2015, 07:56:28 am »

well, selling 497'500 phoenix at 0.155 with insider info (my suspicion) kind of hurts your reputation whale.

but chanc3r is happy with the deal. at least until now he was:D



I can only speak personally

I had 2/3rds at IPO price of 0.1 and 1/3 at 0.155 which gave me a blend of 0.118 so redeeming at 0.13 still gives me some benefit.

edit: now when i think more, there are some possible interpretations that presuppose your good intentions

As chanc3r pointed out, we were talking on slack at the time. This is because we were discussing a possible take-over of the fund. At the time there was no talk of liquidation. If you follow my trades on PHX, I sold and bought continuously.
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #83 on: May 14, 2015, 07:59:14 am »

Wait. The 0.13 bid wall is gone. Is that all? Or will you set up another one later?  ???
I still hasn't redeemed my PHX.

More walls to come within 12 hours. I'm yet to move more NXT into the account as some of it is still in alt coins.

I started to worry already... Thanks for the answer, whale. Too bad it's beeing liquidated, I liked this asset.

Me too. Hence why I purchased a huge chunk at a premium. I had some future ideas for the project but PHX just wasn't the right person. I would rather end this safely than risk waiting, as the community has been scammed enough lately.

There is no such thing as a "discount", it always,always comes with a cost . .

Here's the actual outcome 1) no one got scammed 2) the fund's NAV was up 30%. Here's an alternate outcome 1) Everyone lost their money 2) the fund's NAV was down 30%

What would you rather?
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whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #84 on: June 01, 2015, 04:33:29 am »


ANNOUNCEMENT


Some of you are still yet to sell your PHX. Therefore, I am putting in place a deadline.

June 14 2015 will be the last day you can redeem your PHX. Please ensure you sell your PHX by this date.

The remaining NXT will be in the next NXTinspect dividend.
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printshop

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #85 on: June 01, 2015, 10:40:19 am »


ANNOUNCEMENT


Some of you are still yet to sell your PHX. Therefore, I am putting in place a deadline.

June 14 2015 will be the last day you can redeem your PHX. Please ensure you sell your PHX by this date.

The remaining NXT will be in the next NXTinspect dividend.

What gives you the right to annex investor's money? You don't have the right to do this.

whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #86 on: June 14, 2015, 09:49:17 am »

Please ensure you have redeemed your PHX before the bid is removed.
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TwinWinNerD

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #87 on: June 14, 2015, 10:52:58 am »

why not just leave the bid there openended?

whale

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #88 on: June 15, 2015, 04:10:25 am »

why not just leave the bid there openended?

To encourage people to sell. There is no reason anyone should be still holding PHX and it has been over a month since the closure was announced. Furthermore, people will be able to send any member of the NXTi team a message to redeem their PHX privately before the next dividend.

I'll keep it up for a few more days, though there hasn't been a trade for over two weeks.
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KarlKarlsson

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Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #89 on: June 17, 2015, 11:39:58 pm »

I am roadtripping and therefore not able to redeem until end of July. I am fine with sending you a message then for the redemption.

Regards,
Karl
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