Bitcoin Forum

Hello! My name is Marjan Zolko a junior web developer.
I want to create my own exchange called thebitcoinexchange.co.in.
I need a lot of starting fund. I need btc for hardware, hire a professional web developer, thierd party auditors, marketing etc.
I need min 10 btc if I want a professional exchange.
If you want to help me send me some btc to this address 1HqQvDNs9L1joJETZDTMBb9HSV8TsLu1qD
I pay back every funds 170% from fees in the 2 months after the site is online.
If you are an investor send me 5 btc and you will got 25% share from every fees (trading, withdrawal, voting)  It is possible for 2 investors. Before this pm me please  :)
I expect to have the following schedule:
-2014-05-20 beta site is online
-2014-07-01 site is online
I expect it will be looks like btc-e just a lot more trade pairs.
There will be a voting altcoin system like cryptsy.
I want to use cloudflare.
The hardware will be a 2xE5-2690v2/256 gigs of RAM/RAID10 of Intel S3500 enterprise SSDs.
If you are web developer please pm me.
Any advice or idea will be highly appreciated  :)

On thebitcoinexchange.co.in funds will be hold in cold storage. Funds are sent immediately from the online hot wallet directly to an offline cold storage wallet when you deposit Bitcoin. Even if the server is hacked, or seized, your money is 100% safe.
There will be btc/usd ltc/usd etc. pairs.
Bounty: If you make a good logo for thebitcoinexchange.co.in I send you 0.1 btc. Pm me please  :)

hardware so hardcore  ;D

If you can't raise 6K by yourself, I'm afraid your probably not going to get your "exchange" running. First off, no one is goin to loan you 10 BTC unsecured, so you'd need at least that amout in collateral. If you had that collateral you could just sell it off and hav the funds necessary. Next, your another newbie account asking for a giant loan with no real veritable details as to your plans and your identity. Your going to have to resolve these issues before anyone would even consider loaning you.

I hope it will be the first crowdfunded bitcointalk exchange  :)

yes I'm a newbie every beginning is hard... I want to increase my trust level in the near future.
Here is my facebook: https://www.facebook.com/marjan.zolko
My email isis16@freemail.hu
Thank you anyway  :)

So if I lend you 10btc right now, you'll pay me 17btc on May 21, 2014?

How are you able to do that?  What is your plan?

Sorry I made typo.  :-\ My plan is I pay back in 2 months 170% btc funds after when my site is online!

http://i1109.photobucket.com/albums/h428/keithh409/HardForum/unicorn_poop_zpsc3c0e981.jpg (http://s1109.photobucket.com/user/keithh409/media/HardForum/unicorn_poop_zpsc3c0e981.jpg.html)

okay  ;D
http://weknowmemes.com/wp-content/uploads/2013/11/doge-meme-26.jpg

@KWH: Clearly OP doesn't understand what satire is.

@OP: Facebook and emails don't mean shit. I could make them with the name Jesus if I wanted to. Does that prove I'm Jesus - no it doesn't. For such a massive loan you'd need just as much collateral and probably some verifiable ID - none of this FB crap. Considering you have neither - no loan.

*lol*

Like some dynamic IP does anything good...

And that guy - without any knowledge - wants to open a crowd-funded exchange ??! Sounds more like he wants to Goxx everyone without the hassle of actually running an exchange.
That scam idea is already taken I'm afraid...

What country do you live in and how old are you?

Im live in Hungary and 25.

It's static... http://whatismyipaddress.com/ip/89.134.52.7 (http://whatismyipaddress.com/ip/89.134.52.7)
As I said I I want to hire one or two developers to work with me :)

It's late night here.
So good night people  :)

If you think borrowing money at an absurdly high interest rate in a way that makes you look like a scammer is a sensible way to start a business, you are a very poor businessman.

Don't you have any friends or family -- or anyone with a reason to trust you for that matter --  that would be interested in such an amazing deal?

Yeah the rate is high because I'm a new member and an exchange thing is risky, and I really want this project.
If this crowdfunding will be unsuccessful I try btcjam or finally a bank loan.
My family is poor, in Hungary 99% of all people is poor  :D :-\.

If 99% of you are poor, how will you pay it back if your exchange doesn't work?

Honestly, you can't even make a exchange with ten Bitcoins.

PMed you for the bounty  ;D ;D

Why not? I will rent the hardware, I just purchased the domain a few minute ago. I will use some of this: https://bitcointalk.org/index.php?topic=87836.0 (https://bitcointalk.org/index.php?topic=87836.0)
Please support me, if my exchange will doesnt work I sell everything what I have, but I pay back every fund as I promised it.
Regards

Because there's about ten other very, very, big exchanges. Unless you change those Bitcoins into a ton of Altcoins, and get some on your site.. You're SOL buddy, and that's one of the few times on this site that I get to not type out the whole sentence.

And do you have any collateral?

If you would even think of asking for a loan at such an absurdly high interest rate when there's even the slightest chance that you might be able to get a bank loan, you're either a fool or a scammer. Either way, loaning you money doesn't sound wise. Honestly, do you have any rational understanding of how absurdly high the interest rate you are offering is? Such rates are almost always offered by scammers or fools, if for no other reason than that offering such a rate makes everyone think you're a scammer.

So if I cut back my interest rate to 20% every investor going crazy?
Sure :D THE INTEREST RATE NOW 20%!!!
Just kidding i keep my word :)
Thank you for your reply, but Im not a scammer or a fool. I just want starting my exchange from nothing.

There is no other known explanation. Please explain what other possible reason would you have for offering such a large interest rate that it would make any rational person think you are a scammer. I have asked this question many times and have never gotten an answer.

Here is my simple answer JoelKatz. I want this exchange more than everything, and I need starting fund. I'm a new member here and an exchange business is risky, so I thought if I offer a pretty large interest rate, then bitcointalk lenders will support me.

 It is very hard to get an exchange up with just 10BTC. I am thinking around 100BTC will be a more reasonable number. If you think you can get it done with 10BTC then it is really great.

Instead of talking about how you could pay back the loan, try to show what you can do. Your skill, experience and past work will go a long way to convince me to send you money. I may even want to become partner and fund the whole thing if I believe you can full it off.

PM sent to you  :)

If you're lying, scammer. If you're telling the truth, fool. The absolute worst imaginable way to start a business is by borrowing money at exorbitant interest rates. And the very worst imaginable way to induce people to invest in your business is to offer them exorbitant interest rates. This almost ensures that your business will go broke if it encounters even the slightest problem -- and new businesses always do even under the best of circumstances.

This offer is still in the table!

i build sites, i'm in no way offering my services, just advice.
your domain name is already a bad idea.

the first thing you want in a domain is for it to be short
secondly you want the domain name to have just ONE dot
third no dashes

take btc-e.com for example. its a short domain name, granted there is a dash, but its simple.
your domain name is easily forgotten. in fact i cant remember what it is right now lol. (not trying to be a dick, just stating the obvious).

having a successful exchange can generate you a lot of revenue, but there are so many out there that you'd really have to do something out of the box to make it in this field. what you may want to consider is starting with a pool first, then build off that.
this way you can still make money by having a fee(s).
then work your way up to having an exchange. this way you've got some exposure, a place to advertise your exchange, and maybe even offer zero fees if they use your exchange as a wallet. like when they cash out it goes directly to your exchange.

to date i don't think anyone has an all in one site like that. these are just my random ideas..

Answer JoelKatz.

Are you a liar, or a scammer?

Im a fool because I thought my project will crowfunded here... :(

Congratulations, you win the prize. No one will crowd fund your exchange where you experience no risk while risking other people's money on venture that is most likely not going to be successful. I highly doubt you would you start a bitcoin exchange and this some for some other reason.

try cryptostock girly, raise a funds and if it doesnt work u dont owe anyone.

but u have to let them know ur a newbie  ;D

its imposible

10 btc is not enough money for this project.  That may not
Even cover development costs.

If you are underfunded you will fail. Another poster mentioned 100 btc,
That is much more realistic.  Good luck.