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RP Share Burning Idea!

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Government
Traffic Value: $3,452.27332 Philippines
0 like this post 4 people
31/08/2016 02:37
Give people an option to buy advertisement with shares. For example: I want to buy a banner on the sidebar but all my money is locked up in shares. I don't really want to sell my shares and then bid on an ad. But if I could buy my advertisement with 100 shares it would make the purchase extremely easy. Then the shares are locked up into an account we could call "Burned Shares". Just like the account called "Portfolio" the only difference is they are locked forever. The dividend can revert back into the company account.

P.S. I will be the first buyer of the RP Banner!
druth8x
Traffic Value: $22,417.44153 United States
1 like this post 0 people
31/08/2016 02:50
Why lock them away?
I understand the reason, but we need that money that you wouldn't end up spending on the ad.

I think the site would love to use them to boost ad issues, as needed.

I do like the idea of less RP being sold, which dampens the RP price, and we only get 3% of the sale, when we really want PV's RP's to be able to be sold higher, aka much more profit than the 3% gets us.
Government
Traffic Value: $3,452.27332 Philippines
0 like this post 0 people
31/08/2016 03:05
I see most of the time ads space is not purchased. So I was thinking it was better than nothing? Maybe im wrong.

The reason for locking them is the other option would be dumping them on the market so the company can free up the cash. I dont think I need to explain why that is a bad idea wink

I also believe there are people like me who would never buy an ad on MTV because I don't participate in any other company. I would find it fun to burn shares.

With MTV being the biggest share holder they would be benefiting huge indirectly. If MTV "needs" that money then they could sell a few shares from portfolio as shares were burned.

druth I am thinking out loud and your feedback and others could improve the idea. So thank you for your reply.
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
31/08/2016 03:24
There should be no issue to leave the option to let FBG to sell those RP's, b/c they basically promised they will not try and change the RP price either when buying or selling.

You think users will sell 250RP's to give the AG 5K image impressions instead of the Strawberries or 12,500RP to buy a LA slot, just b/c now they go to FBG's no longer part of the 500mil avl?
bpc1234
Traffic Value: $62,710.15909 United States
1 like this post 0 people
31/08/2016 05:38
Related to locked shares idea above.
The idea I had was to allow the owner of an RP to make it not exist anymore. Eliminate the RP.

This would slowly lower the overall #'s of RPs and make each remaining RP worth much more in the long run. 

Even if just a small % of RP buyers eliminated a handful of RPs per day, it would add up over time.
Soon enough RPs would have greater chance of holding their value. 

Less RPs = less for undercutters to work with without risking huge losses.

Using OPs idea: Rather than eliminate, they could be locked forever (cant be sold or sw@pped) and dividend go MTV.

Ive brought it up before, there was  some interest but no comment from Marc.
druth8x
Traffic Value: $22,417.44153 United States
1 like this post 0 people
31/08/2016 05:49
What is the difference btwn if the user themselves personally just never sell that RP?

Many of us are not selling for good any RP until they reach $1+.
By Good, I'm saying we can daytrade, but that is not making us overall lose RP stashed away.

I guess, if we are talking dividends, $5000 goes 20% further, if 100mil are removed.
However, if they are locked, the dividends don't go farther.
jordy186
Traffic Value: $868.5955 Netherlands
0 like this post 1 people
31/08/2016 06:47
It's a nice option but I don't think it will work to remove the shares if we are a legal company. Just donate those shares to portfolio for banner views or advertising might work
Government
Traffic Value: $3,452.27332 Philippines
0 like this post 0 people
31/08/2016 09:03
"What is the difference btwn if the user themselves personally just never sell that RP? Many of us are not selling for good any RP until they reach $1+."

There would be no difference if the user "never sold RP" but that will "never happen". Not selling RP till it gets to $1 sounds great but if all the big guys have the same idea 500,000,000 shares its going to be near impossible for more then 2 big share owners to get out.

Im not that in love with the ads option but I could make a list of 20 reasons why someone may burn shares or want to. Druth8x you have a lot of respect and influence in this forum if you personally don't like the idea then it may not go any farther then just an idea.
Government
Traffic Value: $3,452.27332 Philippines
0 like this post 0 people
31/08/2016 09:10
jordy186
"It's a nice option but I don't think it will work to remove the shares if we are a legal company. Just donate those shares to portfolio for banner views or advertising might work"


The shares would not be removed from the overall shares available. From an accounting, programing and legal perspective nothing has changed. Maybe "burning shares" would be the wrong words to use and "locked shares" would be a better term.
freak300
Traffic Value: $56,564.16117 Germany
0 like this post 0 people
31/08/2016 09:17
I like the basic idea of getting rid of RP's but I think that we should do this differently. Buying back RP's for sure is a good idea but it should only be done when the company makes more money.
bpc1234
Traffic Value: $62,710.15909 United States
7 like this post 0 people
31/08/2016 09:17
"What is the difference btwn if the user themselves personally just never sell that RP? Many of us are not selling for good any RP until they reach $1+."

Human nature just doesnt work that way.


If RPs are gone via locked/burned/eliminated (whatever method) it takes away that variable.
RPs will rise much, much quicker w/less available.
Government
Traffic Value: $3,452.27332 Philippines
2 like this post 0 people
01/09/2016 05:01
What if a burn button was created on the site and I just had an option to burn them if i wanted ?

Why would someone want to burn shares?
Consider it a community donation wink
cbramrukk
Traffic Value: $48.07551 India
0 like this post 0 people
01/09/2016 07:29
i lost everything pv and mtv
Justin123
Traffic Value: $11,013.37121 Czech Republic
2 like this post 0 people
01/09/2016 11:04
cbramrukk: not yet, you still have 278 BAP smile
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