Okay, it sucks that Ambertrade is delaying dividend payouts. Realistically if a company on the stock exchange delayed dividends it would end the stock down like a turn from a flying bird. So the drop in price of Amber coins is expected no matter how disappointing. Also, keep in mind that it does not take much selling off to drop the price by 50% which is what happened. I have seen this with many coins, including Bitcoin. The volatility of alt-coins is one the problems that makes it an undesirable investment but especially a currency.
But to clear up some comments I've read here, shareholders DO NOT decide what dividends will be or whether they are paid at all. The company, usually the board of directors, makes that decision based on a number of factors starting with profits and cash flow.
At this point, we have either a warning signal or a great opportunity to buy AMBER at a price we have not seen in a long time. The company is saying dividends are only delayed. I am going to be careful but I am not going to sell off what I mined. I may buy a little at a time based on the next few days.
Here are some interetsing numbers:
AmberCoin sales in USD from the 39,200,000 coins to be sold:
Round 1: $80000 @0.02 USD each
Round 2: 12500 @0.025 USD each
Round 3: 15000 @0.03 USD each
Round 4: 20000 @0.04 USD each
Round 5: 11250 @0.045 USD each (finished on 10/11/15)
Round 6: BIG FAT NADA, ZERO. @0.05 USD
Total coins sold in USD $138,750, total dividends $120,034.
What's important to note here is that AMBER coin sales are currently LESS than dividend payouts.
When that's no longer true, do you think AmberCoinDev or Amber Trade LTD are going to pay dividends, or keep the profits from past sales they've accumulated in BTC?
This is why I sold my AMBER, at a 180% percent profit, which may increase if the Q3 dividend is paid.
If AmberCoinDev is paying older investors with the sale of new coins, that is the very definition of a Ponzi scheme.
http://www.investopedia.com/terms/p/ponzischeme.aspQuestions anyone?