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Look. Yes, the software is worth more than the opening bid. That doesn't mean shit. People aren't looking to buy the software, they are looking to buy the business. The fact is, is that its a saturated market and that this will not make money at 10BTC. The amount of money that would have to be spent on marketing would be insane. And you say that the exchange hasn't been hacked? Thats because no one has heard of it! The volume is so little no one will spend their time trying to hack it. If this ever gets up there in volume, maintaining security on the site would be a huge issue.
Im sorry, but this is a massive money pit.
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Valuating a 10 btc new high risk start up project at 100 btc isn't a little too much?
He uses the remaining 90% of your BTC to do marketing etc. He never mentions how he profits in here, just says 50% dividends, 25% reinvestment, 25% reserves. Also just says 100k shares for sale, doesn't mention how many he is holding. I wouldn't even consider buying into this if he is keeping more than 10% of the business to himself as a management fee, more than that would be ridiculous. If he wants more than that he should buy shares like everybody else. Also, since you publish reports on people, can we see the report on YOU? |
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Hello,
Hope you are well.
We have been designing custom logo and websites for the past 8 years. I have also completed alot of projects on this forum and have a few going on currently.
We are designing for customers who know that designing does not only require skills but also a vision.
Please Pm me your email so i can send you a few of our recent designs or add me on skype for a conversation.
I am sure we will be able to fulfill your designing needs efficiently with maximum reliability.
Regards
Duke
Great designer, would highly suggest  |
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Any current revenue figures?
We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made. Ouch. To risky for me to consider, would be in the hole nearly 10k by the time you could even start making revenue, and Im assuming this part, "Total Volume:1.6504 BTC Total Trades:5705" is lifetime trades, because when I checked a couple hours ago it was 5703 trades. Site looks very nice, just I can't see it making a profit. Say you charge a .15% fee each way (like mintpal), so .3% on every transaction, and you get 1000 BTC a month in volume (~605x current volume), that would be 3 BTC generated in fees. After server fees, your down to ~2 BTC, which doesn't leave much for hiring white hatters and marketing. I love the way the site looks, just can't see it turning a profit  Goodluck selling! The site could currently easily handle 1000 BTC per DAY volume, it's even really doable to reach that amount (mostly by adding new coins aggressively). 1000 BTC per month would be only 33 BTC per day, that is not so much. I think our pricing is very reasonable and inline with what we offer. For the right entrepreneur this is a very good deal. If you are looking for a passive income site, indeed, this is not for you. The software might be able to handle 1000 BTC per day, and no, its not doable at this stage in the game. There are many exchanges, yet mintpal, bter, and cryptsy have managed to control nearly the entire marketshare. Its not realistic to assume to 1000 BTC. Any new BTC based exchanges realistic customer base will be that of pump & dumps. Again, wish you best of luck, but when your selling a business it doesn't matter what it could do, it matters what it does bring in |
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Any current revenue figures?
We have a 3 month promotion to charge 0% fees ongoing. So no revenue is currently made. Ouch. To risky for me to consider, would be in the hole nearly 10k by the time you could even start making revenue, and Im assuming this part, "Total Volume:1.6504 BTC Total Trades:5705" is lifetime trades, because when I checked a couple hours ago it was 5703 trades. Site looks very nice, just I can't see it making a profit. Say you charge a .15% fee each way (like mintpal), so .3% on every transaction, and you get 1000 BTC a month in volume (~605x current volume), that would be 3 BTC generated in fees. After server fees, your down to ~2 BTC, which doesn't leave much for hiring white hatters and marketing. I love the way the site looks, just can't see it turning a profit Goodluck selling! |
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Enrolling for another month: 14NXfayjuRTbgKwShDB4jM5xJ5aw7Rbway Posts: 334 Still waiting on payment for last months, but Im sure its quite a list to go through so Il be patient  |
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Any current revenue figures?
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we are going to need an end-date on this, i'm not bidding anymore untill we have some more information.
Same |
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IPO: 0.002 BTCDividend: 0.00001117 BTCDividend covered a 3 month period0.00001117 * 4 = 0.00004468 BTC per 12 months based on current revenue figures 0.00004468 BTC / 0.002 BTC = 2.234% IPO investors have seen 0.5585% of their investment back No offense (Nice job on a dividend), but there are currently much safer / steadier dividend paying shares (Such as CBTC and Rent) that offer much better return rates + are steadily growing in income. This is not a terrible start, not bad |
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...whether you've gotten the dice thing out of your system and are fully focused on being a businessman.
The lulz never stop.  For me it shows -418 feedback lol |
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61
My bad, didnt see other bids (was on page 1 :S) $106 |
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Whats the current monthly income?
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$160 in fancy.com credit
Thats not a bid, he said in USD, not credit |
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Also, when does this auction end?
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