Bitcoin Forum

I've wanted to do a publicly traded company for some time and thought a datacenter / hosting facility would be the way to go.

Essentially I'm confident with my resources, experience and networking to organize this at a profitable level. Home mining and cloud services are tough to get ROI's on. Also most companies are limited on the transparency so it makes you wonder. My online reputation is purely based on trust, looking back at it all I'm amazed by the amount of funds I was responsible for. This is a primary reason I'd like to try something different and take a chance at an IPO.

Bitcoin has been a fun and amazing experience since I learned about it. Ever since i've introduced it to everyone I see not as an investment but as a global currency. In order to get hardware that will ROI you need to either fab chips or buy in bulk through a reputable source. The funds collected would go towards hardware, hosting and wage expenses. This would not be the only focus but a part of it other businesses would branch off this IPO everyone accepting bitcoin as a payment method from local stores to online retail. My experience is going on 8 years in digital currency and commerce I'll be making the accounting transparent a percentage of monthly return will roll over and percent of net will be paid out to share holders in bitcoin. A team is ready to go on a new plan on the first of the year and this was one of the several brought up.

Currently right now I only need to gauge interest in a new bitcoin IPO with initial plans of acquiring cheap hardware and hosting facility. Resale of units will be offered on various online stores with compeitive priced hosting options available. Facility would be accessible to share holders by apointment. After successful launch and everything is running smooth ideas for expanding include ATM machines, real estate, e-cig lounges as well as a few unique ideas. If you would like to know more about me and past experience and like to invest large sums send me a private message.

Please post an amount in USD you would invest. If your not investing in a company founded by me give me your reason. I've yet to see someone offer full transparency and its why I personally see most if not all bitcoin IPO as ponzi scams. The funds collected would be treated and used properly and only with 100% confidence.

To give a general idea on why I want to start an IPO is everything I have done as an entrepenuer has been a success. I started at 17 without a penny to my name and was going to either be homeless within 30 days or go back to the grind. I loved gaming and decided that I no longer have time to devote to online gaming so I sold my game currency and had made $3k cash. That was the start of my career in digital currency and learned a great deal in fraud prevention and how important it is to network. I took bitcoin very seriously in 2010 as a merchant and knew its potential ever since bitcoin reached about $5 per coin I transititioned over and primarily focused on bitcoin only. Since $5 per coin I have lived 100% off of it. Of course I am transfering the coin to fiat when needed. I'm now 24 soon to be 25 I live comfortable working from home. I am not a speculator but I am a firm believer that bitcoin is a step in the right direction other then the eco-friendly aspect.

Your post is confusing.  The way it is written, it sounds like you decided you wanted to have an IPO and so needed to come up with a business idea to sell.  This is the opposite of what should be done.  Traditionally one would have a business plan first and if additional funding was needed in order to achieve one's goals then a public offering would be one possibility to raise those additional funds.

He's only gauging interest right now.

I personally would invest an amount into it, but I don't know how much.


Perhaps you could set up your IPO at Havelock investments. Potentially, this could be the next asicminer in terms of returns, so I will invest a small amount into it.

Gauging interest in what?

"I've wanted to do a publicly traded company for some time and thought a datacenter / hosting facility would be the way to go. "

He doesn't even know what he wants to do. He might be trustworthy as an escrow, but as for investing in him, would not suggest. It sounds like Maidak wants to have a publicly traded company more for entertainment value than for anything else.

I do know what i'll be doing if I open a IPO and looked into it thoroughly. Its essentially expanding what i've already done on a smaller scale. First thing is certainly a fabrication run for bulk bitcoin equipment that will be setup and hosted. Hardware will also be sold at compeitive retail pricing. Anyways I just know not everyone has large amounts of capital to get the essential costs you need for hardware that will ROI. Instead of another cloud hashing gig I'm looking to do something different.


Exactly I'm confident in my idea and want to do it without hiding anything. Anyway only interest checking.

You need a business plan with financials projected 6 months, one year...etc.
what are your costs? what are your projected earnings.
Even the chip producers are having trouble these days, and they paid cost for their equipment.
you could start by telling us who you are and listing your relevent experience with links. that would be a very transparent way to begin.

whatever you bring to the table, everyone in this forum sub will pay attention. If you bring a solid plan, you might get some investors. If not...good luck.

It also might boost possible investor relations if you weren't advertising a HYIP in your signature.

You also might want to reconsider: https://www.cryptocoinsnews.com/sec-sends-inquiry-letters-hundreds-bitcoin-companies-unregistered-securities/

Signatures have nothing to do with this. As for unregistered companies this is exactly why i'm gauging the interset levels of people on bitcointalk who know my history on the forum. I dont want to invest the time and $ of my own in order to do this all by the books. SEC fincen and all other regulatory laws that come with it is something i'm well aware of.

That signature has something to do with it.

I can think of lots of reasons not to invest in someone sporting that type of signature, and no reasons to invest in someone with that type of signature.

Lets not derail this, my signature space is temporary. I join random signature campaigns on a whim with no thorough research on them. I have no use for the sig space myself so why not get a few free coins since I am active on the forum. I'll go ahead and remove it though since its an obvious concern.

All in all I'm not comfortable disclosing much else at this time other then I have a proven track record on a much smaller scale nothing over $200k. I want to expand what I do currently and continue the promotion and growth of bitcoin. For the last 8 years I've done this full time and lived very comfortable. A lot has been learned and I wouldn't do this if I wasn't confident.

I've seen all the scams, hyips, the rise and fall of mtgox. I didnt invest in pirates ponzi it was obvious what he was doing and it lacked transparency. I pulled out and quit using MTGox as soon as dwolla no longer wanted to do business with them. Ponzi games, those I did for fun with spare change.

I've been trusted with very large sums of cash so I figure why not try something I haven't seen done yet other then with the asicminer team. So long story short if theres lack of intersest i'm not going through all the paperwork, registrations and initial investments to have a regulated bitcoin company that was 'group funded' through an IPO.

That doesn't satisfy me.

If you are willing to sell your integrity for "a few coins" "on a whim" why wouldn't you steal our coins on a whim. If you want people to trust you, you shouldn't do things like advertise ponzi schemes because doing that means you are either too stupid or not trustworthy enough for people to invest with.

If you consider signature spacing that important then I suppose your completely right I however do not. I've had multiple times where I could of just walked away on various escrows, trades and group buys at some single points there was amounts that would make anyone think twice. So yeah your right it takes a certain integrity in someone. Which is why I don't hide myself with just a small bit of research you'll find who I am and see my 8 years experience in digital currency. I think I've decided how to handle this and i'll just wait and see how it goes.

Your comment about 8 years of experience in digital currency aroused my curiosity so I did a small bit of research as you suggested.  What I learned is that you buy and sell WoW gold, among other in-game currencies and items.  That says to me that you entered into an agreement with Blizzard and willingly violated the terms of that agreement in order to make a profit.  There is even a warning on your website to your customers that using illegal gold may cause their account to be terminated so you can't deny that you know what you're doing is wrong.  Now, that's far from the worst thing a person could do but it's probably not the best example to hold up when demonstrating your integrity.

I would lay low right now and see how this SEC thing plays out. It will affect you like it or not, plus, SEC has stated they are monitoring this forum, so I would avoid the "I don't want to do this by the books" type sentiments. You'll just get their attention and create more heat for the already operating guys.

Now, there is such a thing as a privately traded company. I have money invested in a private mortgage company (real world, fiat investment) they do not trade publicly so they don't have to follow the same rules as publicly traded entities. I wonder if this type of set up might be applicable in this sphere?

While it is a violation of the terms of service the business itself of digital currency sales is a gray area market controlled by china. The warning on the website is required by google adwords if you wish to use any paid advertising. Everyone whos played an MMORPG understands the risk in buying gold or power leveling or even a second hand account. Before bitcoin ever existed popular games like runescape and its currency was used in a very similar fashion the way bitcoin is today.

I sold and traded the time a user invested in acquiring that digital currency or time spent creating his character, time is money is it not? Unfortunately I was heavily involved near the end of the prime of this business. You can look at Brock Pierce as a prime example who is also now heavily involved in bitcoin. For as much as you may think its not a good example, you'd be surprised at the amount of people that have done exactly this prior to bitcoins existance.

No offense, but you don't come off as having the capital to get SEC approval. Your looking at 50k+ just to get on the pink sheets. There is no way to do it cheaply.

I understand the costs out of pocket. If you all haven't noticed mining is essentially a fools game anymore unless your fabricating your own hardware at the right time. To do that you need to have funding at the ready or you can negotiate bulk order from units already made.

Last year the USB were a super hot seller going for $200 each on the forum and $250 on ebay. When I organized a group buy for them it was going through 2 to 3 middlemen guys until I seen how it was done. Those units were about $15-17 each to make. I was paying $50-60 and offering competitive retail which is why I sold a very large sum of them. So rather then sticking your bitcoin in another group buy. Various routes can be taken.

 Its your money at risk I just want to try something different that I haven't seen yet and be honest the entire way through it. No tricks in pre-ordering something to raise capital that your not even a share holder of. Not a company that is going to sell you a product and profit but then continue to profit through the commission on the hosting fees. Its your guys call I'm not gonna just up and run with your bitcoin and i'm not going to just carelessly piss it away. It will be carefully spent and every last bitcent and penny will be accounted for.

I'm all in with bitcoin and have been since 2010. If the community trusted me with $200k in one round of pre-ordered USB units that went through a few others hands before it reached mine and then to you guys. I'd like a shot at a cold storage address where the funds reside and establish proper partnerships prior to anything being spent you guys will see the invoice. Could even have options where 1 share = 1 vote and give you guys the options. Ultimiately I'd set a date if we dont reach a set amount after say 3 to 6 months the address that sent those coins will receive a refund. If I dont feel confident and no moves were made after say 1 year everyones refunded.

If this end up being a success and its at a point where I can spend the time to do a new project. The very next thing is either establishing a low cost store like for instance an e-cigarette shop or buying pre established businesses that have low investment costs. Each an every one is going to accept bitcoin as payment method and looked at like a currency not a investment.

TL;DR I started at the age of 17 with literally not a penny to my name quit playing MMO games sold my digital currency to the most trusted member in a forum and made $2500. I seen the business potential of that industry as he was nothing more then a middleman who profited off me because he had established trust. That $2500 I turned into $140k net profit the year of 2007 with a little bit of advice from someone who was kind enough to share how the business worked. I do have sum that I plan to use next year on something new. Its either going towards establishing something much larger and have everyone involved and owning a share. My other option is mentioned and doing a small local business that would accept bitcoin and you continue funding a company blindly through pre-orders and your nothing more then a hamster that keeps that keeps the wheel spinning.

I don't understand, what are you doing that is so different?
As far as I can tell you want to assemble miners and set up a cloud mining thingy. Plus you want to IPO so that you have a huge pile of funds to expand once operational. I would ask if I'm missing something, but I really have so little info about your business plan that I'm not even sure what exactly you are wanting to do (besides raise funds)

Sorrry man, but its like you came here and said; "Hey guys I got a great idea, tell me what you think..." and thats about it.

That isn't much to think on.

So, there's this guy who wants to IPO/ICO something he doesn't have yet, and I know this guy who has something that may be seeking an ICO: https://bitcointalk.org/index.php?topic=763364.0

This is a HASH shill, I am almost positive this has something to do with it.

Edit: why do I say this, cause he gave me negative ratings for HASH with out ever even joining the convo. What a coincidence data center... hash... hmmm