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27th March - News

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il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
2 like this post 0 people
29/03/2017 11:20
Sorry jpla1991, but your arguments don't have anything to do with Unthink's moves.

Your first option doesn't make any sense. Unthink's block has almost no influence on RP cash market. You said that by following his strategy you can buy even cheaper RPs for cash and then sell them for BAP. The point is that a week ago RPs were being sold for 27-28 BAP and just because of Unthink's block now they are worth only 20 BAP. So, do you think you are gaining more now that BAP price dropped more than cash price? It's just the opposite! Without Unthink's block, BAP price would be higher, thus giving you more BAPs for your RPs bought with cash.

Second option is so logic, but again it doesn't have anything to do with what Unthink does, unless you're full with BAPs to take advantage of his blocks which bring the price down. Since you have 0 BAP, there's no point to talk about this option. If you were talking about buying cheaper RPs with cash, well, you have to have cash for that so it's again only for those full of cash, which most users don't have. Anyway, whether you buy RPs with cash or with BAP, if you're here for a long term you'll profit no matter what the current price is.

Talking about "us" who are only thinking about quick profit is very offensive if you're referring to me, among the others. Let me remind you that you are the one who is talking about quick profit here. You are here for a long term, you say. You wouldn't want to see RPs worth 1$? I don't know who are you referring to, but huge majority of users repeat on this forum that it's nice to see RP price rising thanks to the real products that FBG delievers and not like it was before. Those who wanted quick profit left a year ago when we were in critical situation, but those who are still here are for sure long term RP holders so I really don't understand what are you talking about.
jpla1991
Traffic Value: $773.5176 Portugal
2 like this post 1 people
29/03/2017 11:33
I did not meant to offend anyone, but I just can't see the problem in Unthink's actions lowering the price of the market for BAPs. He/she is an user like any other else with as much right to use this MTV product, and as long as he/she pays the respective fees and doesn't benefit from inside info, I don't like to see people complaining about it, just because he/she has more RPs, which means higher power in RP market. Do some daytrading, invest more money, do whatever it takes for you to have more RPs so you can match his/her power in here. It's just like a real life, those with more power win more times. Those with less either cry about it or do whatever it takes
il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
2 like this post 0 people
29/03/2017 11:52
Oh, so you were just talking about those who are complaining about his blocks? Yeah, I understand that. Although I don't like to see huge blocks on the market, it is a free market so if he wants to earn some extra RPs or cash, he's free to do that. It's not something I would do, although I could, but no one can stop him from doing the same, unless someone buys up everything he put for sale - then he would lose some RPs, because the price would go up instantly and he couldn't rebuy them anymore to make profit.
jpla1991
Traffic Value: $773.5176 Portugal
0 like this post 0 people
29/03/2017 13:07
@il051

Glad we're on the same page smile
dguy
Traffic Value: $15,993.01608 Canada
3 like this post 0 people
29/03/2017 15:52
The problem with the actions is if the whales keep taking advantage of the little traders they will pull away from the market and not trade at all. So the volume will get even worse
jpla1991
Traffic Value: $773.5176 Portugal
0 like this post 1 people
29/03/2017 15:59
@dguy

Have you never heard that everything has a price? Even if everybody wants to hold their RPs, if people really want them they will have to make appealing buy bids
kent052
Traffic Value: $1,016.72433 Barbados
1 like this post 0 people
29/03/2017 16:00
What unthink is doing is absurd anyone could do what he is doing or i could have done the same thing but am not going to do it cause I want to see the price of bap rise thus MTV gets huge fees as well and by the way am here for the long haul. 
unthink
Traffic Value: $9,606.72522 Portugal
0 like this post 1 people
29/03/2017 16:07
Everyone is against me, awesome...

@kent052
At least I got the courage to do it, if u could do it and you didn't, why im the problem? Sight, getting slammed by everyone just because I did something you all wanted to do.
I invested over 7k to buy RP's so I think I got the right to use them as I want too, unless Marc forbids it...
dguy
Traffic Value: $15,993.01608 Canada
2 like this post 0 people
29/03/2017 16:09
No jpla,

If people don't feel they are getting a fair deal they will take their bids and sells off the market and only the very desperate will trade. Some may even stop trading altogether and find some other way to make money. When people are taken advantage of they don't appreciate it and will find alternatives so it will be even harder for the whales to get their desired trades
dguy
Traffic Value: $15,993.01608 Canada
3 like this post 1 people
29/03/2017 16:13
Who are you going to play with if no one wants to trade with you unthink?


Under the current rules you have every right to do what you are doing but if the market disappears you won't be making much profit
kent052
Traffic Value: $1,016.72433 Barbados
1 like this post 0 people
29/03/2017 16:24
It doesn't profit someone to be greedy and selfish..vampire
babycare
Traffic Value: $25,276.97238 Saudi Arabia
1 like this post 0 people
29/03/2017 16:25
@ dguy

Yes, at the bap market, trading is actually fetching 10% commission to mtv as those rps are traded twice before reaching the original buyer. And as the sellers are mostly gamers, trading help our gaming to a great extent by instantly providing players with the required bap.
joe31800
Traffic Value: $6,016.01548 United States
0 like this post 0 people
29/03/2017 16:28
@dguy, very well put, and very accurate. It has definitely slowed the trading down, hence less fees for the company and less market activity.


@unthink. No need to be so sensitive. It's not a personal thing. Just because some people disagree with your strategy and the way it affects other members doesn't mean people are against you per se. I'm also pretty sure putting up a million RP roadblock isn't exactly "courageous". No one slammed YOU, just your strategy, and there are many , many people that could do what you did, but haven't. So your idea of everyone wanting to do what you did is kind of ridiculous. You are certainly entitled to do as you wish within the rules, so have at it. Just don't be so sensitive when people question your contradicting strategies.



OK, enough of this subject for me. Time to move on. Again, good luck to everyone, and Thank You Marc and team for all of your efforts. It is a great pleasure being a part of this community!
unthink
Traffic Value: $9,606.72522 Portugal
2 like this post 0 people
29/03/2017 17:19
1 milion removed. Have fun
raviksharma
Traffic Value: $226.81352 India
0 like this post 0 people
29/03/2017 17:23
I think someone win 1 million bap in clix grid.
jpla1991
Traffic Value: $773.5176 Portugal
1 like this post 0 people
29/03/2017 17:50
I'm still humbly waiting for someone to tell me why Unthink's actions are bad for MTV when he is using the market that gives fees to the site. If Marc was like Jo, controlling the market, but instead of putting the price down, he would put it up, would that satisfy you?
babycare
Traffic Value: $25,276.97238 Saudi Arabia
0 like this post 0 people
29/03/2017 18:32
If you look at it from a different angle, Unthink's blocks helped to bring the rp price down which will help the ad sale go up at least by a little bit.
jpla1991
Traffic Value: $773.5176 Portugal
3 like this post 1 people
29/03/2017 18:32
Plus, you got big shareholders in the biggest companies and that is not killing their share's market. The only difference is that they pay dividends and that makes it an awesome investment. MTV is not paying dividends at the moment but some people seem to forget that eventually they will be back, and when they are, you'll see if we don't have lots of people trying to take a piece of the action.

@kent052
"I want to see the price of bap rise thus MTV gets huge fees"
but don't forget that the higher the price, the lesser the volume, so in the end it will be the same. You just don't like unthink's moves because you want high valued RPs for your own profit. You're being selfish, but that's ok, I'm not here to make you rich, I'm here for myself, everybody is for themselves. We all have the goal of growing MTV so we all profit from it, but we have different views in how to do it.

I personally don't see anything wrong with unthink's actions as long as he doesn't benefit from inside knowledge or avoids fees.
dguy
Traffic Value: $15,993.01608 Canada
0 like this post 0 people
29/03/2017 18:49
No one said he had to do anything. I said that there was a risk that he could kill the market if he trades to only benefit himself with whale trades. If the market takes his trades then they are 'voting' in favor of what he is doing
joe31800
Traffic Value: $6,016.01548 United States
2 like this post 0 people
29/03/2017 18:58
@jpla1991

"you want high valued RPs for your own profit. You're being selfish, but that's ok, I'm not here to make you rich, I'm here for myself"

That's a head scratcher. So you want low RPs  because your generous? Or is it that you want low RPs right now so you can stock up, but later you want the price to go up so you can then be selfish? And when those prices go up, will you sell so you can make some of that bad, selfish  "your own profit" you speak of? You're all over the place.


Edit: And BTW, since he removed the roadblocks, people are trading again and the BAP price is up to 22 already, which means more and higher fees for MTV. and unthink will be getting a higher price with all those trades he has now listed. 
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