Nah. It's totally retarded. Why would anyone averse to risks intentionally send his bitcoin to a d00d who promises to make him rich by investing in ... handpicked government bonds  What's particularly lulworthy is your "guarantee anywhere between 6% to 11% annually." Starting with purely structural analysis, this statement could be reduced to "guarantee of 6%," unless you're implying that you guarantee that your marks clients will never profit *more* than 11% per annum. On a more contextual level, the road to poverty is paved with guarantees from random (in this case not very creative) d00ds from the intert00bs. People who do not believe in Bitcoin divest from Bitcoin, not dump it with the latest halfass interwebs scammer. Give it up. OP, this forum has all the clowns it can handle. |
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Not everyone feels the same way. There are quite a few people who still continue to invest in these bonds/ deposits which guarantee income, rather than taking the risk of fluctuating prices of Bitcoin.
And there are also a large group of people who accept BTC either for their services, miners who earn BTC over a period of time, etc. They do not always convert their BTC into fiat immediately, thus taking the risk of depreciating value of Bitcoin.
Our services cater to that group who want to invest in something that would give them guaranteed returns, rather than opting to take a risk with the Bitcoin/s in hand.
Regards
Team Invest Bitcoin
The risk-averse individuals who invest in government bonds invest directly in government bonds. They do not convert their fiat into Bitcoin to send to some d00d on the interweb so that said d00d could convert it back to fiat and invest in government bonds for them. That's retarded. |
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No so, the bitcoins on MtGox were from our pre-order sales when bitcoins were used to pay for the order.
You're not refunding orders paid for in fiat because MtGox? All of our prices are in fiat, so all refunds weather paid in fiat or btc are refunded in fiat. Therefore, we needed to convert btc on MtGox to fiat to fund our refunds. ... Please explain how fiat wired to your bank as payment for miners ends up on MtGox. |
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@thekekk: You mean NotLambchop is a sock? But how... I mean, if his name was Lambchop, it might make sense, but he's NotLambchop... Just doesn't make sense... Drats! Discovered *again*. Oh, what a world! What a world! Who would have thought a good little girl like you could destroy my beautiful wickedness!  Oshi~! wrong account AGAIN! |
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Your CEO promised to design ASICs, design and build miners around them, and make you rich. He set out to design a 45nm chip -- failed. He set out to design a 28nm chip -- failed. He set out to design bought the rights to a 55nm chip -- trashed it. After a year of failure, he bought 200 HashFast boards, and [allegedly] managed to sell 20. "Losing" 400 BTC in MtGox, taking away your shares, and not refunding $6,000,000 - $300,000 = $5,700,000 in preorder money (if his "we sold $6 million in pre-order" claim wasn't an outright lie) in the process. And the incompetent thief also managed to rip off a Coindesk reviewer. Lol. Oh, and now he's being investigated for securities fraud, so congrats!  |
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And it's gone.
Next support:
15000 @ ฿0.00006300
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Next support:
2000 @ ฿0.00014420
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@E f f e c T: Give it up d00d, these guys are just too smart for us |
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Someones put in a buy order for 600k+ shares. You think he knows something we don't? That's a huge gamble if he doesn't.
FUN! |
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Drats! Discovered *again*. Oh, what a world! What a world! Who would have thought a good little girl like you could destroy my beautiful wickedness! |
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How many times have I told you that I have several accounts? Why is this still a novelty to you?
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But my question to you is how did you knew that Danny fled Cyprus for his safety?
and you kept posting here that he fled..
Are you involved with the threads that Danny received?
I didn't know that Danny fled Cyprus, and still don't think he has fled for his personal safety or for the safety of his daughter. Not sure what you're saying. And no, I had no reason to threaten Danny and thus did not. I'm answering this with the assumption that this is a question rather than an accusation, since I never deny absurd accusations. |
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I'm not an expert either, but here's a start: Upon bankruptcy, a firm will be required to sell all of its assets and pay off all debts. The usual order of debt repayment, in terms of the lender, will be the government, financial institutions, other creditors (i.e. suppliers and utility companies), bondholders, preferred shareholders and, finally, common shareholders. The common shareholders are last because they have a residual claim on the assets in the firm and are a tier below the preferred stock classification. Common shareholders often receive nothing at all, as there is usually very little left over once a firm has paid its debts.
http://www.investopedia.com/ask/answers/06/bankruptpublicfirm.aspThere are different types of bankruptcies (in US Chapter 7, Chapter 11, 13 etc., etc.) under Chapter 7, a debtor surrenders his non-exempt property, under Chapter 13 he retains it. It's not trivial stuff, and "bankruptcy" is just a catch-all term. Anyhow, no one filed for bankruptcy AFAIK. This presupposes actual shares, these shares don't represent partial ownership of Neo, but "shares of the profit.' This makes bankruptcy the worst-case scenario for Neo shareholders -- they are explicitly not entitled to any post-liquidation residual value. |
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Basically they say "we try to rebuild the company and maybe we manage do to it, but even if we are successful, you might get nothing".
... "...investors should read the company's proposed plan of reorganization." ( https://www.sec.gov/answers/qadded.htm) There is no such current proposal, so currently, investors are simply gambling. This doesn't imply that they are being foolish. Assuming there is absolutely no underlying value does not preclude wagering that the price will float up and you can get out with profits. This was done with Labcoin shares, where pretty much everyone knew Labcoin was a scam. This is Bitcoin, no one has ever gone broke by banking on greater fools. |
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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.
We are discussing the fruit of Neo's PR campaign, or lack thereof. The local press, for instance, is laughing and pointing fingers. Souch wow. So value. |
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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?
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...The whole process will be completed and handled through an agency that specializes in these matters ...  |
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How would one go about transferring the shares from the LMB site to Havelock? @JorgeStolfi: Not that I know of. You're right about the "Q" though. Since the shares represent NeoBee profits and not equity, it's hard to say what they would represent if NeoBee files for bankruptcy. |
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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.
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