This Mircea Popescu (is it allowed to write his name?) seems to be a terribly powerful devil,...
Don't underestimate a vain egomaniac with failing business who puts blame for that on the competition, especially when he's sitting on a 30k+ BTC stash he collected since the early Bitcoin days, from 2011. He is one of the most richest Bitcoin owners in the world and can spend plenty of that to try and ruin competitors, including but not limited to hiring full time shills to spread negativity and fear. There's a reason why the SEC has clear rules against fomenting rumors and targeted defamation campaigns. You can go to prison in US for such a thing. The practice of spreading false information about stocks, to drive down their prices, is called "short and distort." During the takeover of Bear Stearns by J.P. Morgan Chase in March 2008, reports swirled that shorts were spreading rumors to drive down Bear Stearns' share price. Sen. Christopher Dodd, D-Conn., said this was more than rumors and said, "This is about collusion."[31] http://en.wikipedia.org/wiki/Securities_fraudhttp://www.lexology.com/library/detail.aspx?g=04349e11-1ec6-43c0-95c4-14485ade27efhttp://www.gibsondunn.com/publications/pages/RegulatoryCrackdown-FalseRumors.aspx |
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@sporket
@bitcoin.newsfeed
Stop playing with yourself.
Insane people talk to themselves in such manner.
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neoq is about to brake 0.0002
Thoughts ?
Personally I think when it gets to a certain level there will be a huge dump into buyers. There are so many desperate to get out but they are too unwilling to take the massive beating. Also there are only a few coins of buyers back down to 0.0001. So it's desperate and wishful thinkers will get stung again as this goes closer and closer to zero - we haven't seen the bottom yet. Translation: I've sold out at cheaper price and pray to God it was the right call because it would suck too much for stock to recover as I've sold at lowest point.  |
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You are right. Rats always snitch on each other and all of these dirty players are classic rats, hiding behind their numerous false accounts on here. Popescu's best buddy the Frenchman pankkake is also in this deep. He has taken money from MP to carryout attacks on all things not MPEx. Pankkake knows enough to put MP behind bars for blackmail, extortion, commercial attacks. If the FBI put pressure on pankkake he will talk. The French bow to pressure very easily. Always have. For his commercial attacks alone Popescu could be fined up to 30% of his annual turnover/sales under EU law. That alone would bankrupt him and his business. He can also face prison (in some EU states) for infringing EU competition laws. http://europa.eu/youreurope/business/sell-abroad/free-competition/index_en.htm#Ofcourse that is the second danger he faces if the FBI don't get him. But they will. I wonder how far they are into this operation. I'd say they're at least half way there. |
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Not for long, though -- I'm sure Cypriots will want to keep up with the gossip on Bitcoin Danny  Again things you say is more like wishful thinking daydreaming. One is allowed to dream though. I wish we were all part of a this perfect Bitcoin utopia where everyone would pay 30BTC fee to use the MPEx exchange where nasty evils like Havelock and high profile traitor infidels such as Neobee (Neo also wanted to open its own exchange btw), who IPOed on all exchanges except MPEx, would just go away.
I wish we would all live in peace and harmony on ONE and only one exchange. Ein Exchange, Ein MpexCult, Ein Fuhrer. Such a beautiful world. But don't worry. We will soon wipe the world of all these evil competitor exchanges.
How close did I get to you wet fantasy? |
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Google trends: bitcoin (Cyprus, 2014, jan1-now)
The interest is exactly where it was before the media blitz.
You don't need to google search same thing over and over once you find out and know about it. |
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@Kenta re: "The real value is in the political and propaganda work that has been done and that now sticks to the company."
There is no evidence that attitudes of Cypriots towards Bitcoin are more favorable with Brewster running off to UK, leaving his employees unpaid and jobless. Another banking fiasco associated with Cyprus also has dubious PR value. Where do you see value?
It's not like you care about the truth anyways. It's more about the fiction you're trying to sell people. Brand awareness campaign worked and was highly successful. Cyprus made it to top of the list in global Bitcoin searches for few months in a row. I remember MPEx competition was trying hard to downplay the success of the ad campaign. Neo didn't open its gates to regular people yet, didn't have money from customers. People didn't lose money with Neo as they did during the bail-ins. Some contractors need to be paid and that's an issue which will be solved by the new owner. |
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Yeah, I think I saw that already in the other thread also. My point was more in the direction that the assets can not just be brought back by selling that Oracle license and some used furniture. The real value is in the political and propaganda work that has been done and that now sticks to the company.
That coverage from the Cyprus Mail web-page have not been in the paper version as far as I know, and the damage could possibly be repaired when things gets clarified...
It would probably be a good idea to keep expenses down a bit now in the beginning and work on the code at least until it's ready, but I'd still like to see this all this work mature and become something valuable instead of just ripping it all apart now, just when it's so close to be rolled out... And remember; Cyprus style isn't really to make some cheap stand with a camping table and a parasol out in the street to meet people, like a farmer or something.. No one is going to make business with Neo&Bee then - They will need to put the proper suit and sunglasses on and arrive in a good car, that's the Cypriot-business style and is not going to change anytime soon. If this includes buying a proper sofa, then let them do what's needed!
Refreshing to see a smart comment. Exactly so, in many parts of the world people won't do business with you or won't take you seriously unless you present yourself in certain fashion, which includes fancy car, which is why Danny bought that used Bentley from UK. But of course competition hellbent on destroying Neo by waging persistent defamation campaign doesn't want you to know such details, they want you to buy into their narrative. |
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Funny that most of the negativity here comes from MPEx & associates.
Articles that came out in Cypriotic papers are weak on substance to say the least. They basically say CEO is out of the country and that Neo owns some money which is to be expected due to liquidity issues.
No paper in Cyprus bothered to present Danny's plan to sell the company to a new owner, raise cash, settle the debts and move things forward, even though these were all details well worth mentioning.
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...Doesn't surprise me inexperienced Bitcoin community geeks can only give MtGox as example. This community is really a sad bunch.
 I rest my case. I thought LambChops posts pony gay crap. Forgot to switch accounts? |
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The buyer who takes over MtGox has to cover huge amount of lost Bitcoin. Neo has very low debt and actual BTC frozen and real assets that are valuable. Neo's assets and frozen funds are much higher than the low debt it has.
What other tangible assets do they have, besides the store and servers? There is the software which is valuable, POS devices, not sure about status of building, the frozen IPO funds. Not sure about other assets. We are going to need to see a report of some sort. But business is valuable sold as a whole not piece by piece. We don't know the full story of what went down with Bitfunder. Timing was suspicious to say the least, because it came right after btc.to was forced to close by US gov. There's a chance those funds had to be frozen pending investigation. |
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they don't have enough money to file for bankruptcy
Please correct me, but I understand that filing for bankruptcy is a way to suspend all lawsuits that creditors and investors may move against the company and their management. These lawsuits can easily cost more in legal fees than a bankruptcy filing. Gox lost a LOT of customer money. You are comparing Oranges(neo) with horseshit(gox). The buyer who takes over MtGox has to cover huge amount of lost Bitcoin. Neo has very low debt and actual BTC frozen and real assets that are valuable. Neo's assets and frozen funds are much higher than the low debt it has. |
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No, they haven't [ filed for bankruptcy ]. Last word from the CEO mentioned that a 3rd party agency is looking for a buyer. [ ... ] details will be made available to interested parties who wish to purchase 100% of my equity in LMB Subsidiaries Ltd thus taking full control of all subsidiaries. [ ... ] I am working towards having this entire process completed within a short period of time to enable the business to recover, to ensure that those invested do not lose out following this process[/b]. https://bitcointalk.org/index.php?topic=289730.msg6030319#msg6030319Yes, that is what Mark Karpelès tried to do before finally filing for bankruptcy. And many MtGOX clients kept hoping that some "angel whale" would buy the company and honor its debts. But no sane person will buy a company in that situation. Dude. That's one case out of millions of cases of businesses in trouble. I could give you hundreds of examples of successful turnaround stories. Doesn't surprise me inexperienced Bitcoin community geeks can only give MtGox as example. This community is really a sad bunch. |
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^Yep. I think the pitch was "to eliminate [Havelock] third party risks." Wonder what those (NEOBEE as opposed to NEOBEEQ) shares are worth.
According to an earlier post, it is customary on real stock exchanges to append a "Q" to the symbol, as a warning to traders, when the company is involved in bankruptcy proceedings. Havelock apparently is imitating them. However, N&B has not yet officially filed for bankruptcy, has it? No, they haven't. Last word from the CEO mentioned that a 3rd party agency is looking for a buyer. The whole process will be completed and handled through an agency that specializes in these matters, once the final details are completed, the agency details will be made available to interested parties who wish to purchase 100% of my equity in LMB Subsidiaries Ltd thus taking full control of all subsidiaries. I shall also be providing the new owner full rights over the Bitcoin debts currently owed by BitFunder/WeExchange as I know people are working on a solution to recovering those debts for everyone that has funds stuck there. This process will also write off all directors loans I have made to the company and I shall not receive any financial compensation through this sale process.
My biggest mistake was using BitFunder/WeExchange during the initial stages of fund raising, had I not had to cover those losses my pockets would have been deep enough to cover all creditors and OPEX for the foreseeable future allowing the company to achieve a positive cash flow during that period, the choice was one made by myself and for that I am responsible for that decision. I am working towards having this entire process completed within a short period of time to enable the business to recover, to ensure that those invested do not lose out following this process. https://bitcointalk.org/index.php?topic=289730.msg6030319#msg6030319 |
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Buy When There's Blood In The Streets
There is investing in trading companies who are at the bottom of the market .... You may want to read article I've posted earlier. Quite a few made money buying shares in bankrupt companies companies, delisted companies and so on. So you're wrong about making money only with companies who's shares found a bottom. There's a very negative view bias on NEO now which makes it very interesting contrarian investment, because very often the general consensus is wrong. Most of the negativity is based purely on speculation. There isn't one single piece of evidence to prove any of the highly negative claims. This alone makes it interesting not to mention other factors such as frozen Bitfunder funds, software and other such assets. Neo is basically trading way below book value at current price. The shares being sold do not represent equity, they are *shares of NEOBEE's profits*. Though it's unclear whether the new NEOBEE Q shares also represent the company's *debt*. Each share you buy may entitle you to be liable for a portion of it  Why don't you go play with yourself for a change. You're one redundant guy. Better try and grow MPEx, slap a decent interface, upgrade the one from the 90s it now has, go do some work on that betting site of yours. So many things you could do. Trashing competition isn't most productive use of your time. |
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Buy When There's Blood In The Streets
There is investing in trading companies who are at the bottom of the market .... You may want to read article I've posted earlier. Quite a few made money buying shares in bankrupt companies companies, delisted companies and so on. So you're wrong about making money only with companies who's shares found a bottom. There's a very negative view bias on NEO now which makes it very interesting contrarian investment, because very often the general consensus is wrong. Most of the negativity is based purely on speculation. There isn't one single piece of evidence to prove any of the highly negative claims. This alone makes it interesting not to mention other factors such as frozen Bitfunder funds, software and other such assets. Neo is basically trading way below book value at current price. |
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You are trading on an licenced Panamanian exchange in shares of a company illegally funded by US investors, just where do laws come into this? Whose laws? US? Cyprus? Panama? Things kids say  Said MP's shill who's about to be extradited to US to face charges. Sweet irony and double standards. https://bitcointalk.org/index.php?topic=553092.0Havelock is actually a registered company while MPEx is just one dude and some paid shills, who doesn't even have a registered company behind it. |
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