Next FC update will skyrocket price share.
Next time FC sneezes shareprice will skyrocket.
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My favorite quote from mpex I understand that I will be required to pay 30 BTC as fees for registering this account, and I agree and promise to do so" or your email will be discarded unread. This is unfortunately necessary because idiots
Shouldn't it be changed to "this is necessary because dividends. ~85% of which are mr popescus"
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Look at the previous months dumbass.
You bought HIF; your brain-damageness isn't debatable. But you can still redeem yourself by at least admitting you were wrong on simple facts. Say, "MPOE is overvalued" is an opinion, you're entitled to have it, and I won't challenge it because I really don't care nor think it is false. But most of what you said in this thread is simply grossly incorrect and you show absolutely no will to actually understand what you are trying to talk about.
I never bought HIF as I said I thought it was over evaluated. If Mpoe was just over evaluated I would not be calling it a scam. It is a scam because it relies on deception, recruitment of idiots, and its users losses to make a profit. When mpoe can make a dime without one of its users losing a dime, ill be impressed. This is all just an overly complicated game with real money that ends up in mr popescus wallet.
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Look at the previous months.
The ones where users (gamblers) lost huge or won huge? Or the ones when btc was $5 a piece? Just admit it.. you invested in a scam
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the registration fee is the main source of income of S.MPOE
That is highly incorrect. Read the financial statements, not the drivel of brain damaged people Not that paying the fee is required, but you know, that has been said already on the previous pages, which jimmothy ignores again just because he thinks being stubborn doesn't make him look like a fool. Maybe you should read the financial statements. Here ill even quote it for you: Revenue : 148.50221920 BTC, of which :Revenue from sales fee : 28.50221920 BTC (Total trade : 14`251.10960213 BTC)
Revenue from new accounts : 120 BTC
Expenditure : 12 BTC, of which :PR, 12 BTCiiProfit : 136.50221920
BTCShareholders table
Total shares : 1`000`000`000, of which :Mircea Popescu, 838`284`714 shares,
Third parties 161`715`286 shares.
Total dividend : 136.50221920 BTC I love how just about all of your insults apply to yourself.. And just because you can buy shares through some guy who has paid the fee, doesn't mean you can use mpex without paying the fee.
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Are my eyes deceiving me. The fee to join is 30 Bitcoins ?
Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options. Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan.. He has some legit points. S.MPOE is de facto the only stock traded on MPEx and with about 80% of total income the registration fee is the main source of income of S.MPOE. But it's not completely a snow ball system because you don't even get anything for paying the ridiculous fee, you have to invest even more to take part of the scheme/system. Forget about the fact that registration fees are the biggest source of income aside from the occasional gambling bot win. If mpoe makes a shitload off of its users losses you wont get a portion of the winnings even if you are one of the rich kids partaking in the scheme. Something like 85% of all shares are held by Mr Popescu himself. Don't forget that this "PR" person is payed 12btc/month to spam this forum. Around 10% of last months dividends went directly to MPOE PR. Solid investment if you ask me...
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According to website - there are 2743019 Shares available, out of which 196910 are locked.
So I guess there's not much of a chance of price going up. Do they still offer transfers to Havelock? I dont understand why theyre still selling ipo shares if they have the money needed to launch the company. They should end the IPO and destroy all remaining unsold ipo shares. It would increase the % of the company all current shareholders have including their own. It would be a huge thank you for all who have given them money so far and make current shareholders very happy. Why do they need the extra money from yet to be sold ipo shares?? Yep it pretty much sucks, especially since bitcoin rose 10X since IPO so they have loads more than they asked. And now those shares are worth 10 X more in dollar amount, and people will be more hesitant to buy them They still have most of that in Bitcoin as cash cushion. Also, the progress they've made is worth a lot, I think. Cyprus might become main Bitcoin banking hub in the world. That's pretty huge. http://www.youtube.com/watch?v=n0N4X0tOqoUWhat progress exactly? Maybe I missed something but I have yet to see anything besides a few pics of their building and announcing easycoin. Watch starting minute 10:00. Gets very interesting at that point. I told myself I would never watch quark keisers videos ever again.. Anyways I am not sure if this qualifies as progress. It is more of an attempt at progress. However if cyprus does allow full btc freedom that would definitely be progress and great news.
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According to website - there are 2743019 Shares available, out of which 196910 are locked.
So I guess there's not much of a chance of price going up. Do they still offer transfers to Havelock? I dont understand why theyre still selling ipo shares if they have the money needed to launch the company. They should end the IPO and destroy all remaining unsold ipo shares. It would increase the % of the company all current shareholders have including their own. It would be a huge thank you for all who have given them money so far and make current shareholders very happy. Why do they need the extra money from yet to be sold ipo shares?? Yep it pretty much sucks, especially since bitcoin rose 10X since IPO so they have loads more than they asked. And now those shares are worth 10 X more in dollar amount, and people will be more hesitant to buy them They still have most of that in Bitcoin as cash cushion. Also, the progress they've made is worth a lot, I think. Cyprus might become main Bitcoin banking hub in the world. That's pretty huge. http://www.youtube.com/watch?v=n0N4X0tOqoUWhat progress exactly? Maybe I missed something but I have yet to see anything besides a few pics of their building and announcing easycoin.
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Are my eyes deceiving me. The fee to join is 30 Bitcoins ?
Eyes functioning as normal. 30,000 usd to join a scheme which has no sources of revenue besides the 30btc reg fee and whatever is made from the losses of its users. Literally just handing money over to mpoe and hoping some more rich idiots join the scheme later on and lose their money gambling on the site with futures/options. Totally legit business. Deserves to be up in the finance hall of fame with JP Morgan..
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so i was away from the whole btc scene, is asicminer share still paying dividens? cause i have like 2 or 3 shares i dont remember very well, but what happend with this?
Yes. Weekly on Wednesdays
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You're again changing the subject, the matters of price have been talked about previously. How could you write in this thread if you didn't even understand what MPEx was doing?
I was not sure I understood fully what mpex.co did other than stocks/options/futures. I thought for sure there would be some feature I missed which makes it worth 30btc e registration fees or 1 billion usd total evaluation. Now it is clear that mpex.co is a complete scam. Topic has not changed. Mpex.co is still a joke of a website/service and I have no doubt it will go absolutely nowhere but downhill in the future. Actually useful websites like crypto-trade or havelock as well as coloured coins will continue to gain traction as this shitty scheme dies out.
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Seriously what does mpex.co do? Havelock is for trading stocks. If you cant explain what mpex.co does in one short sentence that normal humans who speak normal english can understand then you instantly know it is bullshit.
lol We pretty much assumed you at least understood that... you can trade stocks on MPEx. It's an exchange. That's what it is for. Even on the web page, http://mpex.co/, you can see that: STOCKS FUTURES OPTIONS Can this get more surrealist? So more specifically: 1 stock Futures(can be traded without ridiculous fees many other places) And options(gambling) Maybe you can see why this "service" is such a joke now? After being the "oldest and most successful security exchange" you would think they would have more to show than a single stock and a few other non-proprietary features. How can you justify 30btc and having to put up with extremely inconvenient trading and user interface? Its complete nonsense. Ill stick with havelock where securities are actually traded.
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Ukyo is allegedly not allowed to say what happened to the coins yet, due to them being involved in some legal dispute.
Do you have a source for this claim? Danny has stated it would be illegal to speak about the bitfunder situation under US law. Don't think there has been any more info.
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Apparently I'm a victim of poor breeding (or other sassy insult)--because looking over the MPEX "manual" and site--I'm reminded of an AOL chat bot I may have thrown together in a weekend when I was 14, first learning to program with visual basic, albeit with GPG thrown in. And lots and lots of words using cryptic language to say very very little.
I'd say the setup is designed to mesmerize potential users, making them invest lots of time (that old chestnut), and confuse them into losing their BTC; all-the-while awarding a sense of superiority.
I don't know a damn thing about options markets though, so clearly my feeble mind is unable to blah blah blah
You are setting yourself up for insult? I glanced at the MPEX manual, I do not see any cryptic language? It seems to me that is a direct, succinct explanation of how to use MPEx? People keep saying MPEx is hard to use, but this shows all the important points in just a few small pages. As with any well-made computer program, most of the complexity is hidden from the user. As someone who clearly advocates and uses mpex.co maybe you can tell me and everyone else what the fuck they do? And no im not going to read some bullshit blog posts designed to confuse and deceive. Seriously what does mpex.co do? Havelock is for trading stocks. If you cant explain what mpex.co does in one short sentence that normal humans who speak normal english can understand then you instantly know it is bullshit. Most of this "complexity" in any real computer program has a purpose and a function. What is the function of mpex.co? Mpex is a disfunctional/inconvenient/obsolete service which is guaranteed to implode when idiots stop piling money in to the scam and all the rich kids pull out their coins.
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This board is amazing. Rather an admit any mistake, people brain damage themselves in public.
Totally brotato. You have proven me wrong and mpex isn't a complete scam asking noobs for 30btc with no chance of earning their money back..
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Do it then, I'll give you 20 BTC. I'll even give you a 15 hours.
So, now, are you going to take these easy 20 BTC or just admit entrapped yourself into some silly arguments?
You don't have 20btc to give and you know I'm not going to waste my time. My points from the OP still stand: - nonfunctional service - fees, fees, and more fees - no value created from "securities" offered - PR spam/trolling/advertising - website from 1995
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In the sense that you don't use a web browser to use it. You do understand that you can actually do stuff with it right? Have you even looked at CoinBr? That's the "website" version. Can you write that in 15 minutes? At least try to make sense.
Could make coinbr and mpex.co in half an hour probs. The fact that you don't use a web browser to partake in this scam doesn't change anything. And why would I pay someone to use this shitty service? How hard would it be for mpex.co to set up their own site where you can trade securities with ease just like literally every stock trading site out there. But if they did that I'm sure the scam wouldn't work as well as it is supposedly working now.
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MPEx is not a website… perhaps you should try to understand what you are talking about before creating threads about it.
Oh really? Mpex.co is not a website you say? Oh yea Its a scam that's what it is.
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It offers all the features of mpoe
Does it? When I decide to spend 15 minutes whipping up a site with no styling or user accessability then yes. How hard would it be to copy/paste the 1 or 2 features mpoe offers? Is there anything proprietary about the site?
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