Bitcoin Forum

Other => Off-topic => Topic started by: epere on July 09, 2014, 05:09:53 AM



Title: Xapo Sets $40 Million Fundraising Record for Bitcoin Industry
Post by: epere on July 09, 2014, 05:09:53 AM
Bitcoin is one space where a true passion for the protocol is worth more than millions.


Title: Re: Xapo Sets $40 Million Fundraising Record for Bitcoin Industry
Post by: inBitweTrust on August 02, 2014, 06:41:12 PM
Bitcoin is one space where a true passion for the protocol is worth more than millions.

Warning: http://help.xapo.com/95219-What-fees-are-associated-with-the-Xapo-Debit-Card

looks like classic bait and switch. None of these fees were announced when we signed up initially.


Title: Re: Xapo Sets $40 Million Fundraising Record for Bitcoin Industry
Post by: Gleb Gamow on August 02, 2014, 08:05:55 PM
http://cointelegraph.com/news/112045/russian-billionaire-believes-in-xapo-bitcoin

Let's do the maths: $40,000,000/$15 (one time only membership fee) = 2,666,667 members needed just to meet the VC funding $. Luckily (for somebody), more members than those calculated will sign up to Xapo plus those pesky fees everybody's been cryin' 'bout will close the gap, thus allowing the VCs to ROI after...wait for it...expenses.

http://s27.postimg.org/c0r3y31rn/Xapo.jpg
"I bid $100,000.01 for Xapo, Drew."

http://rlv.zcache.co.uk/mouse_mats-r77298b4e94a04f1a9e8d2d43dd81584d_x74vi_8byvr_152.png?t_posterimage_iid=6724366d-6e29-4139-9487-fd8454b2bb5b&bg=0xE6E7E2