... In FC i trust  Faith and optimism have always served Bitcoin investors well.  |
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Lol @"VERY quiet day on the crypto markets in general today." Your intertubes must be clogged. And though Father's Day comes but once a year to US, every day is PWN a Sucker day. Traditionally, this day is celebrated with clueless rubes doubling down on losing bets. The opportunity is particularly interesting for you--it will cost you ~1/2 as much to double down today as it would have just a few days ago. Such a bargain!  @johny08: Never heard of you, but being ignored by even the least and the most irrelevant of amateur financiers breaks my heart. When I think of the Active Miners and NEO BEEans who so vocally ignored me... ~Happy investing |
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@NanoAkron: It's important for you to have a vivid and unpleasant recollections of your embarrassing blunders, so that you need not repeat them again and again. You should be thanking Mr. kako for his thoughtful reminder and yet, once again, you lash out with invective at possibly the last person who hasn't given up on you. Without these gentle reminders, how do you expect to learn from your mistakes? Be honest--you've been doing more of your "investing" since Mr. Brewster ran away with your money ...haven't you? I don't even want to hear your answer. Yes. Yes you have.  |
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Nice volume there...  |
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MrWDunne, though it pains me to say this, you are approximately as likely to start your McExchange as my cat (who is a frickin' talented animal, make no mistake. Should see him with a new cardboard box...)
How many sharez have you sold thus far?
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Lol, I'm not holding your age against you any more than i hold being a cat against my cat. But giving a kid with no qualifications money to start an exchange is as absurd as giving it to my cat, as clever as he is. Go out, have fun, get laid, get wasted--best years of your life!  *how many of these "shares" have you sold, anyhow? |
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You have an agreement with a UK bank. Which you're not at liberty to discuss. And an agreement with CryptoFinancial. Which you're also not at liberty to discuss. CryptoFinancial is also not at liberty to discuss their banking arrangements. Which begs the question: ...
-Tell us your age, your previous experience in managing multinational currency exchanges, how you plan to spend your summer vocation, and when you hope to finish secondary school.
... |
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This has all been covered before. No McExchange franchise 4 U. Piggybacking your ridiculousness on top of another one simply doesn't work. TY Crypto Capital. This brings me back to my original question, which banks are you working with?
For a real-world example:
I live in US, NY, NYC, which bank would I be dealing with? I'd like to contact that bank and verify your involvement with it.
TY again.
Re. "no need to trust or provide your information to the trading software provider, they are a software company, not a financial one":
An exchange operator is an exchange operator, a software provider is a software provider. If the software provider happens to also be running the exchange, he becomes both. I'm afraid you've been mislead by your legal counsel.
We currently do not work with a Bank in the U.S, but we will provide a funding option directly to US customers in the near future and will update our customers as soon as it is setup. OK, no US banks. Any banks I could contact? We act as exchange operators, and the "exchange" companies are software providers to our financial company. If you used trading software, is your agreement with the software company that made the software or the broker that provides the software to you as a client. If you use online banking software provided by your bank to handle your banking needs do you interact directly with the software company that wrote the software for the banking platform? Of course not.
This is getting a bit silly. When I use my bank's software, I'm dealing with my bank. The [outside] firm providing banking software to my bank is not opening bank branches and calling itself "bank," while the exchange software providers are not starting their own exchanges while playing licensed brokers. No parallels whatsoever with your DIY exchanges functioning on open-source software (which you provide along with your "bank - escrow" service). McExchange Franchise model is amusing as a thought exercise, but I'm afraid no more than that. We provide exchange software developers to option to engage customers without holding money in their own account, but in an escrow account. An exchange software provider manages the software, they do not need to physically handle your money, they only need to run and manage the matching engine software.
"Physically handle [my] money"?! Unless you are expecting my bank to send used, nonsequential tens and twenties, you won't be physically handling it either. An exchange is an exchange, and the person selling unregistered securities on an unlicensed exchange is selling unregistered securities while running an unlicensed exchange. Regardless of who "escrows" the money. I don't particularly care if you break every law on the books, but don't kid your "clients." Think about coinfloor, a UK exchange that uses a money transmitter to hold the funds in escrow and receive and send them back and forth on behalf of their customers. We do the same thing, but on a global multi-currency platform.
... No. From a cursory look at the website, Coinfloor appears to be no different from other exchanges, it does not farm out AML requirements to third parties, or claim to be just a "software provider." Again, no parallels with what you are proposing. As I said, McExchange is an interesting hypothetical, and clever in a geeky, literalist sort'a way, but it's simply a nonstarter as a working, IRL proposition. Financial regulators simply don't share our sense of humor. |
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1000 BTC  |
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...
When they re-invest the fund they hv saved in BTC, the mines dividend will double at least, same as the share price...
Quoted for future entertainment. |
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Look, I understand. In your mind, you are an important person who makes and rests cases, whose opinions and advice matter, a man respected and revered by his peers and... let's be honest, the sooner you face reality and put these preposterous delusions behind you, the sooner we can start to rebuild. And stop worrying about "increas[ing] the risk of making you look foolish." Start instead with the basics of adult life--like not "investing" your coin in intertubes pseudonyms. ~ The road to mental health is just around the corner!"--Dr. Evans |
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...Posting arguments based on pure speculation only serves to increase the risk of making you look foolish.
ORLY? Looking foolish in this thread?  |
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Lol welcome to Bitcointalk, Mimex_PR! Are you one of the new clean socks I suggested for MrWDunne? Don't fib now...
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Not sure if already asked and answered, but is this your guy?  |
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Lol, you paid through the nose for each one of those deleted posts. I can only hope you find a cheaper, yet equally rewarding, hobby... ...now that you're broke  |
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^ Lol, I warned NEO "investors" just like I warned you. You showed up in that thread raging about crumbs, and bragging about your awesome troll-free thread  |
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^Like the most recent SF2 IPO attempt, this one's soon to be just a vaguely embarrassing memory.
Total shares sold: 169 out of 5,000.
Total sold today: 3.
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Sorry if OT, but with all the mining pool discussions... Greetings Eligius miners,
So, after some investigation over the past month or so, it turns out a couple of clients/addresses were involved in a “block withholding attack” against Eligius which has cost us an estimated 300 BTC, and likely miners of other pools as well. A block withholding attack is where a miner submits low difficulty shares but does not submit block solutions— so they appear to be working for the pool and continue to get paid while not actually doing useful work for the pool.
[...]
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 WHERE IS THE HERO WE NEED BUT NOT DESERVE?! Sorry for [kinda] OT, but... Greetings Eligius miners,
So, after some investigation over the past month or so, it turns out a couple of clients/addresses were involved in a “block withholding attack” against Eligius which has cost us an estimated 300 BTC, and likely miners of other pools as well. A block withholding attack is where a miner submits low difficulty shares but does not submit block solutions— so they appear to be working for the pool and continue to get paid while not actually doing useful work for the pool.
[...]
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