You are hilarious!!!    

Of course I'll delete your messages, you come to my thread and start calling me a liar...

Zero tolerance for people like you.

I did not give you any kind of freedom to meddle in my business.

For me, you are just just another crazy Internet guy...

You might want to look for Canadians rather Americans.  Unless the US has recently absorbed Canada and I never noticed.

If you look back early in his thread you'll find one of his investors actually met up with him - that could be a place to start.  If it was a scam from the start then that'll be a sock-puppet account he's abandoned - but I don't think that's what happened.

Come on yes go after him but posting his girlfriends link?

I think that is uncalled for.

Any comment on the drama in the Bakewell thread; has he contacted you at all or made any payments?

Thanx for your answers.
I do however have one more question for ya.

What do you have backing up this statement above?
Let's say a security flaw is found on bitfunder.com and there's a "bank run" - situation, where many wants to withdraw their deposits at the same time.
In such scenario there won't be any buyers, so you'll have to buy them back yourself. From where will you get the funds to do this?
I assume one part is from selling the shares within the bond (ASICMINER, S.DICE, etc), but do you have some pile of cash lying around as well?

I realize the scenario above might not be very realistic, but I still find it good to know.

//Stenkross

Litecoin doesn't need to be developed. Its code is 99.999% of Bitcoin code.

How capital is held (i.e. in which currency/ies) is a key part of determining valuation.  This isn't stated - only implied as being USD by results being given in USD (with BTC only estimated).  Now Ukyo appears to be saying capital is held as BTC.

How capital is held is important in at least 2 respects:

1.  It determines how the assets/book value of the company changes when exchange-rate moves (which of BTC/USD valuations is the one that changes?  It could be both if by default balanced holdings are held.).
2.  Trade volume is constrained to an extent by capital (received USD can't instantly be converted into BTC).  The upper-bound of that volume is set in the currency capital is, by default, held in.  If held as USD when idle then a rise in BTC means max volume (in BTC) falls.   Vice-versa if held in BTC.

Would be nice if issuer could confirm Ukyo's statement that BTC value doesn't change - i.e. all idle funds are held in BTC.

THis would also clarify Ukyo's statement that all profits are in BTC - which is clearly only true if no/limited USD are held.  If X% profit is made on a trade then whether that profit is in BTC or in USD depends entirely on whether the profit is left in USD or converted to BTC immediately.

Put simply:

If exchange rate is $100=B1 and company makes 5 BTC profit.
Then exchange-rate rises to $250=B1.
Does the company still have 5 BTC (and a LOT of $) more than before the trade or $500 more (and a LOT less BTC in total)?

Obviously if BTC fell then the figures would be reversed (holding USD would be better).  Issue isn't so much which is right/wrong - but which is the currency investors need to value this in?

Is this a case where one could legitimately "double spend" ?
If OP tried the same transaction again, this time with a fee, and it was picked up first because of this,
would the old transaction be discarded as a double spend?
Or would the new attempt be discarded simply for being newer?

Nope just know 1000% for sure now that your penis size erect is under 3 inches.

Goodnight.

Actually put your coin where your mouth is, if i don't have a scammer tag within the next 3 months you owe me 10 BTC

Oh no i actually didnt read that, and how i can know for sure it was 36 hands is because i use a double down every loss strategy.


So far 100 Chips Won by justdave3996 of SWC from a 10 chip buy in


Ya were obviously scammers