OK, so now you've confirmed that they will hold Bitcoins and you'll be showing them in the blockchain. As you say you're merely showing them what they're worth in euros. I get that now. Maybe this will get around regulation and lets assume for a minute that it does.
Here's the REAL problem.
You take 10m euros of deposits when it is 100:1, so buy 100,000 Bitcoins. You can then show them to the customers - everybody is happy etc.
Now the rate falls to 80:1, just the sort of movement that has happened regularly many times in recent months. If they want to have the same amount in Euros as you've promised to the customers , you need to show them that there are now 125,000 bitcoins owned by them in the blockchain, since 125,000 = 10m euros.
Where do these extra 25,000 bitcoins suddenly come from?
Please explain.
You clearly haven't been following this topic. Are you looking for investing or should I just put you in the ignore list? Getting really tired of trolls on securities section, makes it really hard to follow the topics! |
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I think that might depend on where you live and what sorts of laws they currently have.
The OP is in Cyprus, and they are operating under the Cyprus law which allows what they are doing.
Please don't quote or feed the trolls. |
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The problem with renewable energy/green energy is that it is more expensive than regular energy if you are sourcing it through a power provider. If you are setting up a custom solution, solar and wind energy solutions are expensive to build yourself (due mostly to costs of the parts) and will add A TON of extra costs to the farm that you are unlikely to ever break even on.
It is hard enough to break even on mining hardware as is. I understand the importance of our environment, but I don't see how it would be profitable to setup a green mining operation. Please enlighten us.. I have looked into it before and green energy is quite expensive to setup, especially in the quantity that would be needed with 100Th.
If you have some secret plan that's all nice and good, but I can't imagine you'll get many investors without revealing this plan. Also, please consider there is a reason why no one is "going green" with their mining operations, because it adds a lot of extra unnecessary expense as stated above.
Now I'm just being repetitive... carry on.
CoinHoarder echoed some of my concerns as well. I'm no expert in solar energy, but the initial setup would be VERY expensive, correct? Also, I know solar's efficiency is going up, but the most conducive spots for solar also happen to be in the hottest part of the country (Arizona, New Mexico). Would you end up spending your generated solar electricity on the massive amounts of required A/C during the summer, leaving the powering of the miners up to the power company? I was going to say that it all depends on how cheap you get the electricity from the grid, because in some countries, like mine, a residential solar setup pays itself in like 3 or 4 years, mainly because electricity is very expensive. But as I understand, this operation is US based, so maybe electricity from the grid comes cheaper... |
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Yap, I've been spending a lot of time in this forum, and several other bitcoin related websites, I don't really use social networks, I use Twitter mostly as a "feed reader" for other websites I follow.
And file sharing related websites like The Pirate Bay, I also do a lot of that.
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My expert market analysts have decided the opposite is true. Only buy 1 Th or less of Bitcoin miners or else you will be unprofitable. [spoiler]  Everyone knows dogs are smarter than cats...    [/spoiler] Hahaha, so much win here. |
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Only the top 25 shows up, but the prize will be divided among all referrers, correct?
Among the 25 highest referers. Thanks. |
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Only the top 25 shows up, but the prize will be divided among all referrers, correct?
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Bitfunder, BTC-TC Dividends Paid [0.00000130/Share]
can you please just keep your satoshi dividends, i dont want them.. Just send them in my way then. sure whats your btc address ill send them to you when i get home Haha, what, do you have like 3 shares or something like that? Is the tx fee more expensive than dividends received? |
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Bitfunder, BTC-TC Dividends Paid [0.00000130/Share]
can you please just keep your satoshi dividends, i dont want them.. Just send them in my way then. |
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Technically all shares are issued on BitFunder.
Please keep in mind that the others exchanges are pass-through to BitFunder shares.
As of now IPO sold shares:
BitFunder: 1,237,272 Shares ( ฿3,716.8453422 BTC )
Btct: 377,992 Shares ( ฿1,135.3 BTC )
Havelock: 219,981 Shares ( ฿661.1 BTC )
Thank you for clearing this. |
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How many shares sold so far?
Around 7 million. Where do you see that? TAT can give the correct numbers. Meanwhile: BitFunder, 5 mil issued, 1,865,916 available. BTCTC: 6 mil issued, 2128376 available. Havelock: 500000 issued, 281254 available. Did I got this wrong? Yeah they didn't issue that many shares on each one Yap, I was doing the math in my head and it didn't seemed right, that gives a total of 11.5 mil shares and there were issued 9.6 public shares, right? Edit: Ok, this: 1,865,916 + 2128376 + 281254 - 9 600 000 = 5 324 454 shares sold. |
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How many shares sold so far?
Around 7 million. Where do you see that? TAT can give the correct numbers. Meanwhile: BitFunder, 5 mil issued, 1,865,916 available. BTCTC: 6 mil issued, 2128376 available. Havelock: 500000 issued, 281254 available. Did I got this wrong? |
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How many shares sold so far?
Around 7 million. |
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why do you accept obvious scam sites like bitcoinera?
He isn't and should not be the judge of that. But I agree, the smell of scam is strong with Bitcoinera! |
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This is nonsense.
What you should or should not buy depends on Mh/$ of the devices, taking a look at the cost of power at your particular location.
I'd buy block erupters if they were $5 each.
That's $15/GH/s at 7.5w? At that price I would buy it, just for the fun... |
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So, earth is 6000 years old?
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