On a personal note, I am not at all happy about this outcome.
Well, you can take solace in the knowledge that among the people actually doing BTC finance, you're a prime laughingstock.
|
|
|
Remember THIS IS AN INVESTMENT - NOT A LOAN
This is a simple money grab, not an investment. See here.
|
|
|
Very heard of: nobody making grandiose announcements about how their nothing at all is the first in fields in which others have long ago taken the lead position and garnishing the entire thing in buzz-confusion.
Flavor of the minute story, by now.
|
|
|
Hi everyone. I'd like to launch my bitcoin bank. Basically, it would work like this: Investor | | (1BTC) | Bank | | (1BTC) | Guy Who Wants A Loan | | (1BTC + Interest (10%) | Bank | | (1BTC + Interest (7%) | Investor Any comments before I start designing the website? A bank isn't something you start on a whim after drawing a doodle on a napkin, nor does starting it consist of "designing the website". If it's not immediately clear to you why citizen banking is a bad idea in general, I'd suggest paying the first person you can find who can draw a flow chart of themselves, your torso, and a scalpel to perform heart surgery on you; on the off-chance you survive, the recovery time'd make for good reconsidering.
|
|
|
Yeah, even I stopped solomining with my USB's and just pointed them to the pool a few hours ago. Only added like 3% to the pool though...LOL!
Edit: Oh, great, I just tipped the pool over. The pool is over 51%. But fortunately ALTCOIN laughs at petty vulnerabilities like 51% attacks.
Am I misreading their stats or did the pool only find a single block in its lifetime?
|
|
|
Where've all the thetans gone Long time passing Where've all the thetans gone Long time ago....
|
|
|
What's difficulty on this yet?
|
|
|
Thanks for your comment. It was a requirement to write it in English, so no choice from my side.
I hope the content makes sense anyhow.
No, actually, the substance of your so called "thesis" is the worst pile of unresearched, clueless, ignorant nonsense I've seen today. Compared to that, English is indeed your strong suit. How about you actually put some work into your education, instead of getting worthless paper qualifications that will definitely not help you in the future?
|
|
|
What you're doing has nothing to do with the word "investing" as it applies to finance. Investing is an act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
Your type of "investing" is one of the things that makes bitcoin securities so attractive to scammers and bottom feeders. "If we do it in bitcoin, we don't even need to convince the marks they'll make money!"
If you must feed the rats, do it with fiat.
Whoa, sane noob of the month award right here.
|
|
|
We beg to differ.
Yes, but see, who are you? We work hard to provide the very best for our customers every day.
Yes, but see, what exactly is it that you work hard at? Because "providing the very best" and "custom-developing to support endeavors" and so on and so forth doesn't mean anything. It's marketing babble, like the rest of what you've written so far, which is why it's being pointed out to you that this isn't going to fly. It's unfortunate that you've chosen to take such a negatively critical position without first seeking details.
But see, the fact that you don't have details is part of what inspires criticism. There are well defined, well established steps to be taken when starting a bitcoin business. Eschew them in favor of "being passionate" and you'll end up with the rest of the failed and flailing heap.
|
|
|
also i think Havelock does it's homeworks in verifying the legitimacy of asset issuers.
And you base this on what, exactly? I don't have a WoT identity yet, i will look into it. Business plan is being developed in detail now, but was already planned before; Your assumptions are a bit exaggerate. This is a real mining venture, and i will be posting pictures of datacenter with hashing devices, and give informations about progress on monday or tuesday.
The point is not whether you're developing your plan "in detail" or not, now. The point is that you're attempting to set up an IPO before you have a business plan. This doesn't involve any assuming, these are the facts as you've presented them. Pictures are nice and all, but an IPO is an actual, established, respectable thing. Throwing some impressions around and putting some pics in here and there isn't it. If you just want to raise some funds or whatever go sell people on kickstarter. Taking an operation public is a serious step that requires serious planning, and the involvement of BTC isn't a get out of work free card.
|
|
|
Your response to my post does not make sense.
These were/are centralized bitcoin security exchanges: glbse btct.co bitfunder
I was talking about centralized exchanges.
It doesn't make sense to you because you've decided that three horribly managed play-pretend operations were actual exchanges. They weren't. The government has nothing to do with it. The problem isn't centralization. The problem is idiots, and that problem will follow you anywhere so long as you've got idiots involved. There's ample proof in my anthology link, if somehow your independent experience has failed to reveal to you this very basic fact of life.
|
|
|
This is completely understood, and i have already contacted Havelock Investments about verifying my ID and the whole concreteness of this project.
Having some irrelevant third party "verify your ID" has nothing to do with what was described. Where's your WoT identity? Why are you "developing" your business plan after announcing an intention to IPO? These are the kinds of things that distinguish you as someone who hasn't thought this through, doesn't understand the market, and isn't qualified to handle others' funds. Understanding doesn't mean trying to finagle "alternatives" to the standard that bypass the work involved (it's there for a reason, you know). That's called weaseling, and while plenty of people do it, it's never a good choice.
|
|
|
I don't understand why this scam thread, filled with "enthusiastic" newbie sock puppets, is allowed to exist on a forum other than gambling or lending (which should rather be labeled "scam").
Mods don't delete scam threads. As such, it's a good idea to say something when you see bullshit, and it's crucial for people to take responsibility for themselves. At the very least the policy cleanly divides greedy idiots from intelligent folks. Anyway, OP, there's a reason sweepstakes are for mall courtyards and junk mail fliers. There's also a reason why actual securities don't list on cryptostocks. Take your sock drawer and see here.
|
|
|
Our company specializes in IT industry investment management, including investing in startups as well as crowdfunding and fundraising projects.
By which of course you mean convincing lazy newbs to post referral links.
|
|
|
We are unfamiliar with cryptostocks being scammy? Is there something we should know?
Yes there's something you should know. Did you click through and read?
|
|
|
if we are cheaters, the first thing we should learn to hide our identity, isn't it?
No. If you were cheaters, what you'd do is ignore your instructions to which is, of course, precisely what you've done. Whether your particular route is incompetence or ill intention matters little. And pretending you can sidestep your duties because "bitcoin is new" is one of the oldest and most played-out excuses around.
|
|
|
|