i can't find a damn answer,  lol.
so horrible trying to follow the law. Sigh

What happened with this?


Did it pass?

Your simply lending my company coinage, it stays.in coinage at all times. Value wise.
it wouldn't entitle you to any portion of ownership of the.company, and I'd be able to pay back your loan with interest.

Makes sense Should be cleared today. (the $129)

Oh snap that was for the full 4 btc?

If this is your account and you file with Amex, paypal may debit your account, and not his. So Start with a paypal dispute.
Than move onto amex. The note he left could screw you. And if his account was a one off, than he could be gone,
You will get the cash back from Amex, but may kill your paypal in the process

Your not on local Bitcoins.
But good luck

Sorry for the off topic.. But if I wanted to get a coin graded, whats that take? who is it shipped to?
Do they remove it form it's current case, ensure it's clean than reseal it?

Thanks

Well figured it would go higher, but cool

After further thought overnight.

I'd be okay with having the invested BTC held by an escrow, such as Tomato. Until such time as I need to fund the machine.
As I would like to secure the funds, but in the event anything get's delayed. I wouldn't want to seem as if I "made off" within anyone's coins.
This way it would be a trusted third party waiting on the agreed upon terms before releasing.

This would also reassure that I am not looking to use the btc for funding/buying. Purely as a hot wallet float.

Thank you for your interest.

Meanwhile, if your interested.I could help you out.
won't do more than $100; via paypal.
but could help.

Can escrow the bitcoin if your not wanting to send first again.

Way to high of a rate. Sorry.

I can match anything you would like.  Could.do a 5 grand in a day buy if wanted
If your looking for even more btc I can offer much better rates as well

As for payouts, I'd like to use a service such as coinsplit. so each investor owns a portion and is paid out simply and quick.

Books are a bit behind (one reason partner 2 is being removed) So I can't give accurate, but we were moving 15 grand a month.
Nothing huge. I know.
But the BTC investment is to act as a BTC float. Backed by cash.
So if your aware of how the ATM works, it's safe. From price drops anyway.

I was planning to charge 2% fee on all sales to be paid out to the lenders.
So I could pay out daily, weekly, etc.
Any profit (the 2%) would not be reinvested, it's a pure payout. Preferably to a preset wallet to make life easier.

So if the bitcoin machine turns it's entire balance twice in a week (sells 50 bitcoin) The profit that week would be 2% or 1 BTC. Paid out to the lenders.

I'd also like to manage a way to eventually buy out peoples contracts.

Loans would need to be secured, for at least 30 days. Or some time to be determined.

My first partner is gone, I bought him out. The second will be bought out. ASAP

No bad History, we were one of the first BitAccess machines.
Our business is far from huge. But we have steady sales. Not so much as of recent, sadly. People seem to always buy on the high

My one partner is having a number of issues with family, so I bought him out, Own 2/3. My other partner has an attitude that's impossible to work with and has breached our contract, So he is being removed from the business once we settle on a value I can buy him out.

He however provided the float, so I'm fairly certain he will be taking the ball and going home.
As it stands I own 2/3 and have complete management control of the machine.

As for ROI.

I'm still working on that. My thoughts would be 2% on the BTC as it sells.
So if the volume on the machine turns over once. The weekly return would be a flat 2% in BTC.
If the coins moved 4 or 5 times that week, you could see a 10% return.

If that makes sense?
I'm new to this. Really  looking for advice.
I plan to put up the cash balance for the exchange. Just looking to have the BTC covered. So I can have a larger float, rather than restricting the machines daily limits.

Shit happens.

Butt hurt?

I'm looking to take investers to fund the BTC of my ATM when one of my partners takes and ball and leaves, as I'm soon expecting.

Could something like this be used to take in BTC and hold for a time, with tracked returns as the ATM makes money.
Setting the ability for people to cash out?

Thanks

Shawn.Stone@BitTeller.ca

Edit: All Links Dead. Poo

Agreed, but it could be as simple as overtime at work, etc. May still be to soon to come to any conclusions.
Trashing an account of a $1400 ish paypal payment? That can be reversed?

Holy crap! Only people willing to pay that will be scammers.
So your likely using a throw away account so you can spend it before they claw back.

Or your crazy..

Agreed, honorable buyer. Time was given and bank has been contacted. Funds are in hand.