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6301  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 03, 2013, 12:14:15 AM
The best thing about this is casual investors will be able to buy a few shares without bothering friedcat and also trade them. However the markup is still hefty.

,65 seems to be the going rate right now, https://bitcointalk.org/index.php?topic=148282.msg1576569#msg1576569

i can't find less.
That's the "orderbook". I just locked into 100 shares @ 0.5
6302  Economy / Goods / Re: Selling Phone Number to a Room in the White House on: March 02, 2013, 11:30:15 PM
Comments: 202-456-1111
Switchboard: 202-456-1414
6303  Economy / Service Discussion / Re: BitBillions New on: March 02, 2013, 11:28:23 PM
Why don't you put 100 BTC where your mouth is? We can find a suitable escrow, and if you think it's not a scam why wouldn't you take up a free 100 BTC? We'll have to work on a definition of a scam, and I'll want the timeframe to 2 years from bet date.
6304  Economy / Securities / Re: Loan me your S.DICE until May 17 2013 on: March 02, 2013, 11:12:13 PM
I have a pending deal for 30,000 shares of the G.SDICE listing on BitFunder. I will let the other party announce themselves Smiley
I will be paying an upfront premium of BTC4.37 and will repay any income those shares would have received during the time I held them on May 17 2013
I will no longer be looking to borrow after this deal. Thank you.
A saner interest rate than half of BTCS&T  Cheesy
6305  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 11:10:23 PM
The best thing about this is casual investors will be able to buy a few shares without bothering friedcat and also trade them. However the markup is still hefty.
6306  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Coinotron still under DDOS or just gone? on: March 02, 2013, 11:11:11 AM
Hmm, this is very strange. There's the slim chance that coinotron took the unwithdrawn coins..
6307  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 11:07:32 AM
Void your neutrality by running your own asset..


You have a very good point.  However;

- I've been running LTC-MINING since the beginning.  Rolled out the exchange to be able to run it.
- I've tried to get several other ASICMINER shareholders to operate this asset with no luck.   Undecided

So... it had to be done.

If you don't trust me, that is fine.  I'll be as transparent as I reasonably can, but I do not expect everyone to trust me.

Cheers.




This is an excellent idea. I didn't think anyone would try doing this.

I thought of doing it first but I got the information that a board member was making their own PT Tongue
6308  Other / Beginners & Help / Re: MTGOX Public Offering? on: March 02, 2013, 10:57:20 AM
Nope.
6309  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 10:47:12 AM
Great asset. But why is there no asset news announcement. I thought they were automatic. Or ist that only on LTC-Global.

Quote
Awaiting Approval (1)
Is that a bug?

Why? It's not approved yet (only 2 YES votes) but it certainly will be

Oh yeah there's still SILVER.
6310  Economy / Securities / Re: [BitFunder] TU.SILVER -- Aggressive Expansion Plans on: March 02, 2013, 10:45:16 AM
Any large loan like this take out in BTC is almost certainly a scam, since the interest rate is meaningless due to the volatility in BTC.

Well, except loans that are for activities directly involving btc - btcQuick, selling bitcoins (except a lot of them are suspicious), and of course a short on BTC.
6311  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 10:43:09 AM
Question:

"The issuer reserves the right to close down the asset with a 30 day warning.  Should this right be exercised, every reasonable attempt will be made to transfer the assets into the direct control of the ASICMINER-PT shareholders using the methods described in the Transfer section above"

Would you still charge the 0.5 BTC fee?
6312  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 10:37:25 AM
Void your neutrality by running your own asset..


You have a very good point.  However;

- I've been running LTC-MINING since the beginning.  Rolled out the exchange to be able to run it.
- I've tried to get several other ASICMINER shareholders to operate this asset with no luck.   Undecided

So... it had to be done.

If you don't trust me, that is fine.  I'll be as transparent as I reasonably can, but I do not expect everyone to trust me.

Cheers.

Actually, I don't really see any problem with you running this PT since it follows the normal approval process (I thought you automatically approved it) so nevermind Smiley

Through, are you going to pay out the asset registration fee to shareholders?
6313  Economy / Securities / Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares on: March 02, 2013, 10:27:31 AM
Sounds cool. IPO price?

Oh, and there's a sane 0.5 BTC fee instead of Havelock's with their S.DICE PT.
6314  Economy / Service Discussion / Re: BitBillions New on: March 02, 2013, 09:05:49 AM
Glad that you're taking this seriously! They are the people you need for BitBillions to take off.

Have you got in touch with James McCarthy (also known as Nefario) yet? He was a large supporter of businesses like BitBillions, and I feel he will be able to contribute to website development and marketing.

I also suggest purchasing a bulk amount of old and established accounts to promote your business - they're really quite effective as shown here: https://bitcointalk.org/index.php?topic=147631.0

Now I know you are taking the mickey...there would be no benefit getting old accounts at all and as that thread shows people doing that are usually scammers anyway.

Quote
Prior successful business: http://btcst.com, http://www.gpumax.com
Neither of those businesses are online so I'm guessing they are failed businesses.

A quick search shows that James McCarthy was a scammer and as such would never have had interest in something as legitimate as this.

So TradeFortress, you might think you are funny but let's see what you think in about August. Funny thing is by the comments in here it probbaly is those types of people that would end up joining this and making a lot of money legitimately. Then they wouldnt need to do their scams. Still the one thing it looks like they were successful at is getting a lot of people to follow them originally.

I'll put it bluntly, if this was a ponzi here is how it would operate.
1. They wouldn't bother with bitcoin, it is just too hard to get a large amount of people to be able to pay that way. Instead they would try to have as many payment processors available as possible to garnish as much money as possible.
2. They often have a large startup cost, usually in the hundreds or thousands. For the ones that know it will fail fast
3. They often have a large referral commission and possibly several levels of referral commission, usually 50%+. So the people starting brag how much money they made, getting new members in.
4. They have at least a monthly subscription/membership whatever you want to call it. Or something else that people use their earnings to spend them on. So that there is money coming in all the time.
5. The more successful ones usually have a system where you reinvest for commissions, that way they don't pay as much out prolonging the ability to make people think they have made a lot of money which they dont try to withdraw because they think they are making more money.
6. It would be harder to withdraw any commissions, often withdrawals start alright then dry up as the money is not there to pay them.
7. They promote unrealistic returns (like 2% daily or almost any % daily or a large % over a certain amount of days, or you will make $5000 mth in 90 days) without anything showing how they will be able to pay them.
8. They would not have any plan to build anything apart from getting new deposits. This one is more difficult to know as they often will say they are making something (this one you can claim BitBillions are doing, but same with a lot of companies, until they release something to prove otherwise)

As for BitBillions and how they fit in the above.

1. They decided (maybe mistakenly) to go with bitcoins because they see it as something that will be good in the future and has less chance of fraud revenue.
2. There is no startup cost (although there is the donation to become a founder member).
3. They do have a referral commission (this was a decision made to try to increase membership growth, originally they were not going to have any).
4. There is no monthly costs.
5. There is nothing to reinvest in.
6. Referral commission are sent directly to your bitcoin account, you do not have any commissions stuck within the program.
7. The compensation plan clearly shows that any income will be based on the company making money. It states different revenue schemes that will be available, until they start there will not be any revenue share.
8. Revenue will be generated through advertising, premium communication services, payment processing, currency exchanges, sales of books, sales of music, sales of movies, and many other income producing mediums. Members simply earn money by using the FREE technology.
Some of our FREE services will include:
 
  • Communication with anyone, anywhere in the world, including unlimited global telephone calling
  • Access to the largest database of music, movies, and books on earth
  • Global payment processing, currency exchange, and banking with NO FEES
  • Much, much more

As mentioned about the donations
Donations will be used to reward developers, pay for technical services that are necessary, and pay for hardware that is necessary. Once development and launch of the core product are complete, any remaining donations will be treated as follows: a) a portion will be held on reserve to cover technical needs, b) a portion will be given back to members through our normal points distribution system, c) a portion will be donated to charity.


So TradeFortress I now know to take anything you say as total rubbish.

Would you like to bet that this is a ponzi / pyramid / scam, pirateat40 style?
6315  Economy / Securities / Re: [LTC-GLOBAL] - ART - building a open art studio [second offer sold out] on: March 02, 2013, 08:56:14 AM
worth
We are on schedule.

Oh look, Bob lives! BFL's next rep!
Oh look, the village idiot MPOE-PRBS is still trolling the forums!
Lets not forget you are paid troll. Every post you make in this forum, is pure spam.

Getting back to the irrelevant point at hand, when's your hardware getting delivered exactly, Josh?

I'm more interested to know how EskimoBob managed to lose almost 300 bitcoins of his investor's money. The largest bid under .851 is now .5 litecoins, and this is despite the price of litecoins being half what it was when he started. There aren't even 2000 shares on the bid. There is zero buying interest in ART.

When you look at those figures in US dollars, it's even worse; EskimoBob lost over $10k of his investor's money. Weird.
Umm, are you really saying that?  Roll Eyes
6316  Economy / Service Discussion / Re: BitBillions New on: March 02, 2013, 07:35:26 AM
Do you also need a PR agent? Smoothie is one of the members here that are the most involved in the Bitcoin community, and he can promote BitBillions and answer any questions that will arise. I heard he only takes Litecoins or fruit related drinks as payment through.
6317  Economy / Service Discussion / Re: BitBillions New on: March 02, 2013, 07:33:45 AM
This is awesome.  I can't do this but I know two people who would be great at this.  Either one has shown great ability at getting a business started and generating large sales.  Tom in particular has a proven business assembling and marketing PCB designs, while Trendon has run a very successful $15 million Bitcoin investment fund in the past. Give them a call:

Thomas Van Riper
tom@devcoin.org
(315) 514-0269
Prior successful business: https://www.btcfpga.com/

Trendon Shavers
tshavers@buscog.com
(214) 856-4386
Prior successful business: http://btcst.com, http://www.gpumax.com

(Shamelessly stole from sgravina Smiley

I'll send them an email, doesn't need to be people great at building business though as people will earn revenue share with just one position, even if they have no referrals.
Glad that you're taking this seriously! They are the people you need for BitBillions to take off.

Have you got in touch with James McCarthy (also known as Nefario) yet? He was a large supporter of businesses like BitBillions, and I feel he will be able to contribute to website development and marketing.

I also suggest purchasing a bulk amount of old and established accounts to promote your business - they're really quite effective as shown here: https://bitcointalk.org/index.php?topic=147631.0
6318  Other / Off-topic / Re: HARD LIMIT 21 M MYTH on: March 02, 2013, 07:00:49 AM
If 21 million million satoshis run out, each satoshi will be divided into another million other units, etc.
6319  Economy / Services / Re: Text Bombing service on: March 02, 2013, 06:57:32 AM
Hello, Is there someone you dont like or that made you mad? I will send them over 1000 text in a hour so that their phone doesnt function. It is fully legal. 100text will be .15btc 200 .3btc or 10000 for .5btc ( These are hourly text so they will continue for 6 hours )
Do you also do DDoS attacks? I'd like to DDoS 127.0.0.1.
6320  Other / Meta / Re: fundamental flaw -re-revisited on: March 02, 2013, 06:45:58 AM
The fatal flaw with "because you can exchange private keys, nobody will make transactions" is that the value of a private key is ~[public key value] / [people or software who saw the private key even once]. In practically every circumstance, it's cheaper to pay the transaction fee (which are decided by miners, FYI).

Even if the fee is 0 satoshi, people will still mine to help the network - because they own coins and want there to be blocks & confirms.

Quite ironic how MoonShadow's power trip is hardly polite:

Quote
I think I've had enough of this BS.  I warned the OP early that there was much to be learned on this topic by simply reading the forum and using the search function.  Apparently no one bothered to attempt it, because I keep seeing tired arguments that have long been settled.

This thread shall be locked.

Beeblebrox, learn to do some research before you start spouting crap about a complex subject for which you do not understand.  If, after some effort on your part, you still do not understand why you are wrong; ask again politely in the Bitcoin Discussion section, and I have no doubt you will get the clear answers you seek.  Too many of the old salts here are not going to bother to post in the newbie section, or even read your complaints, to expect that the best responses are going to be found here.
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