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glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
19:35
I don't think new changes will be active before one week. But when these will be implemented price will shoot, day trading will be reduced.
Brelock
Traffic Value: $228.68304 Poland
08/09/2015
19:39
Blackjack and Jack or Better are ready,you can play now
dguy
Traffic Value: $15,993.01608 Canada
08/09/2015
19:46
We don't know how the market will react to the changes. One thing we can be sure of. If there is a weakness or flaw in the plan, traders will soon discover it
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
19:51
I remember a few weeks back, I gave exactly the same suggestion "increase in fee to 1%and 24 hours for a bid, (I have just read that post)at that time most of the guys disliked my suggestion, they strongly opposed my opinion, they called me a whiner, etc,,,, Today, when Marc gave this idea, all are marching after him. This is annoying.
lemao08
Traffic Value: $169.03014 Brazil
08/09/2015
19:54
You usually dont suggest good ideas @gashier, but this time i agree with you... You got more than 20 dislikes! Dont take it for the personal side xD
il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
08/09/2015
19:59
glashier, it is annoying, true. But those who disagreed with your suggestion were probably persistant day traders and they won't like this change, that's for sure. Others, mostly small RP holders and RP keepers liked your suggestion.I also like to day trade from time to time, but I like this move from our CEO, it will be much more interesting on RP market, because day traders will have two things to watch after when they put their sales/bids: 24 hours lock and higher trading fee.
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:03
io051I do agree , after implementation of these rules, entire share market will be changed. Price will rise, BUT ONE THING WILL BE ANNOYING, share market will remain stuck for long time, because none will be able to cancel bid till next 24 hours. people will think twice . thrice before putting any bid.
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:06
And I wish it should not active before one/two weeks, so that I may recover my small loss (7k shares) that i got after daily news
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
08/09/2015
20:10
Blackjack and Jacks or Better are live now!And our forum search has been fixed!
Axiantor
Traffic Value: $14,813.95087 Portugal
08/09/2015
20:13
Looks like everything is coming to place now
networker5
Traffic Value: $837.89177 Spain
08/09/2015
20:15
Search Forum works at last after many months
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:18
Hi guys I have just noticed very interesting thing (for me at least) Marc wrote in news Reset the entire Royalty Position market, the BAP market included (remove bids and sales) before implementing these changes. how all active bids will be reset? Suppose changes are made on 20 Sep, 2015 when share price will be $0.013. And they reset /remove all bids,,, what will be the price Will it be at 0.01$? What will be scene for the guys who will have cash instead of shares and if none will have cash at 20the September the price will have crossed $0.01. I am not understanding it quite well. How can Marc ensure that none lose anything on "reset day" (due to systematic changes).
il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
08/09/2015
20:23
glashier, exactly this happened recently, in April, during BAP swap. The website was offline for few hours and when it appeared again, BAP market was empty! People were putting funny prices, but in just 15-20 minutes the market came to the balance (sellers vs buyers), or in other words the price was almost the same as before. I was lucky to see that by my own eyes.
mriley
Traffic Value: $45,656.25089 United States
08/09/2015
20:29
I don't think the 20th of September has anything to do with resetting the RP Market. And all standing order both buys & sells including BAP market will be wiped out. If the price is higher than .01 then I'm guessing the "new" market will open with that price. If it's below .01, it will be bumped up to meet the new rules.
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:32
but this time how will be implemented, its not a BAP market,Listen If people can understand exactly the scenario.None will sell his/her shares from now/tomorrow onward, because holding shares around reset days, are far better then keeping cash for buying shares. so if all stop selling shares now, price will up automatically. it may reach to 0.1 before reset. Am i right?
roidz
Traffic Value: $24,334.30701 Italy
08/09/2015
20:34
i think you are wrong why no one should sell shares? it's better have cash instead shares
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:35
mriley - the share price before reset is useless, cause it will be reset to a certain value. whatever it is now. It will quite interesting for me.
Axiantor
Traffic Value: $14,813.95087 Portugal
08/09/2015
20:39
There's no worry. There are two changes: - Change in the plans as stated by Marc with full details to be shared in time. Keep reading the news as you all read it responsibly. - Change in market with increase fee and freezed orders. All pending orders will be cleared meaning when the market opens with new rules the price will be what the users make of it with the new order to buy and sell.
glashier
Traffic Value: $1,625.74344 Pakistan
08/09/2015
20:42
roidzhahah lets bet If share price is 0.012 at the time of reset day(20 September ) and you have 100k shares or you have $1200 cash MTV set price at 0.01 and re opens the market. BANG, BANG It reaches to 0.09 in a few minutes (as it happened on 10 April, 2015) Will you sharply manage to buy at 0.01 to 0.012 while thousand members will buying. or you will buy at 0.015. 0,02 or you will sell your 100k shares at 0.08????
il051
Traffic Value: $14,823.02214 Croatia (LOCAL Name: Hrvatska)
08/09/2015
20:46
MTV will not set new price! It will be empty so whoever comes first after reset will be able to put whatever he wants but other people (market) will make a balance very soon. There will always be sellers and buyers, whatever the price is.
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