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Author Topic: Whats the best way to pitch an investment here?  (Read 1735 times)
Phildo
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April 07, 2016, 01:10:18 PM
 #21

I have been considering creating a token on counterparty, or NEM, or maybe even creating an Alt, though an alt would increase costs. Considering the investors will be receiving the product as pay/benefit instead of cash, would this still be a security?

What is the best way to go about it outside of startjoin.com, banktothefuture.com or swarm.fund which seems to have apoptosed?

Most of the idiots on this forum have no clue what they're doing or talking about Re: Investing and wouldn't know a good pitch if it hit them in the face. Do what you want to do and the right people will find you if you announce it. Simple as that. There's no right or wrong way.

To most of the respondents so far:

All these posters here want to remain anonymous internet trolls, yet expect anyone they do business with to be examined under a microscope.

It doesn't work that way with bitcoins due to the entire reason for using bitcoins being privacy and anonymity.

Did it occur to any of you twats who think you get to be anonymous but the counterparty has to be "transparent" that some investments work better with a mutual trust and no transparency? Yes, there are plenty such investments that are not illegal but are also not something that should be plastered around publicly.

Do you want opportunities to make ROI or are you going to spend $2K for a minining rig so you can earn $6 per month for one month, and then $3 the next month, and $1.5 the next. lol

If you are not willing to support a business/investment on the same basis that you support bitcoins in the first place - the freedom of being able to transact without government/banking middlemen - then you should convert all your coins to a real currency and get out of here. You don't belong here.

I don't see a single respondent here posting under their REAL NAME, with a real address and phone number attached to their profile. If you don't want to share your deets, you have no right to demand or expect that from anyone else.

Funny, how all this "bitcoin community" shifting from "free and open" to "me me me" in just a few short years. Their attitudes are even worse than that of most investment bankers...it's hilariously pathetic.

Buying a 2k mining rig might be the only thing stupider than trusting an anonymous person on the internet to "invest" in when they have given zero clue about how they are going to make money.

It's not about "me me me," it's about common sense. I've sat here for years and watched people with your hare brained logic lose all their money to obvious scams. If someone isn't willing to give you the basic information of how they are going to invest your money the odds of them losing it or stealing it are much much higher. Sorry for pointing that out.

The days of just holding out your hands for "investments" and stealing money from a bunch of rubes are over.
AcoinL.L.C
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April 07, 2016, 02:47:17 PM
 #22

Your logic is extremely flawed. Just because Bitcoin offers a level of anonymity that fiat currencies do not provide, does not mean that transactions with it must, or even should be non-transparent. If you are asking for an investment, it is perfectly reasonable for an investor to ask who you are, if you do not wish to provide them with that information you do not need to... And you won't be getting their investment.

And purchasing a mining rig would have a significantly better return (even though it would be a negative return), because this proposal would have the incredible return of.... losing your entire principle.

Maybe you should put your money where your mouth is and invest in every shitlisting you can find.   

You claim that my logic is flawed, yet you haven't actually identified a flaw. Bitcoin is intended to be anonymous and private and that goes BOTH WAYS.

The fundamental element that makes a currency succeed or fail is a mutual trust among those who use said currency that it has value.

If you want openness and transparency, you have those options with "traditional" investments like stocks and bonds, that come with multi-page prospectus documents. It's exactly because I do invest using bitcoins that I am responding to this thread and calling out the sniveling little idiots who got a few coins and suddenly think they're the central bank.

If an investment opportunity wants to disclose all kinds of info about itself, fine. If not, ALSO FINE. You, the investor, have 2 choices - invest or not. If you don't trust the offer, ignore it. Scams are fairly easy to spot with a bit of common sense.

Those who are demanding that bitcoin businesses and investment opportunities mirror their US dollar counterparts - if that's what you want, then why not just cash out your coin and buy stocks? What's keeping you from doing that?

If bitcoin businesses / investments cannot announce their opportunities without some schmuck immediately jumping in and criticizing them for missing info, a lack of a paper trail or any other nonsense, then the bitcoin has already failed in its "mission". The entire point of bitcoin is to GET AWAY from centralized control from government, bankers and monitoring of transactions...but you are encouraging the very thing that bitcoin was intended to avoid.

My logic is quite clear and sound.


Again, you have no clue what you are talking about. Bitcoin is completely open, all transactions are public. How is that private? Just because two parties agree that an object (Bitcoin in this case) has value does not mean you have to trust every other thing that person says. And this is not even a Bitcoin business, they would be converting Bitcoin to start a company operating in fiat.
BTC-Joe
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April 08, 2016, 02:27:32 AM
 #23

Buying a 2k mining rig might be the only thing stupider than trusting an anonymous person on the internet to "invest" in when they have given zero clue about how they are going to make money.

Actually, it's the same wrongheaded thinking...if you were to tell someone who has no idea about bitcoins a quick summary like this:

"Did you know that you can mine bitcoins with your computer and then sell them for money? Yeah, all you have to do is run this program and when you get enough coins you can sell them."

That sounds like a 'scam' to just about any average person, but we know that it is one way to make money. Most people don't know or need to know the small details of how bitcoins work or why people are willing to trade them for USD and other currencies - they just do.

By the logic being put forth by most of the people here, bitcoin should have to be regulated by the SEC and have some kind of backing from a "real bank" to be "legit". Most people don't even know who wrote the bitcoin program in the first place or why, yet millions upon millions are willing to use it as a currency.

Does knowing 'how' matter if you make money? No, it doesn't.

Does knowing details or having the address to some business reduce or eliminate the chance that it is a scam, while one that prefers anonymity is more likely to be a scam? No, mtgox is a perfect example of this.

Quote
It's not about "me me me," it's about common sense. I've sat here for years and watched people with your hare brained logic lose all their money to obvious scams. If someone isn't willing to give you the basic information of how they are going to invest your money the odds of them losing it or stealing it are much much higher. Sorry for pointing that out.

The days of just holding out your hands for "investments" and stealing money from a bunch of rubes are over.

No fool deserves to be rich, so if they are scammed out of their money they either learn from their mistakes or stick to eating ramen for dinner. It's not your place to chime in with baseless claims about a business or investment telling people not to invest because you think it is a scam when you have no evidence to that fact.

I don't lose money, I can spot a scam quite easily on my own, without wannabe "do gooders" like you neffing threads with sanctimonious tripe about how you know what's good and what's not.

Nobody is forcing anyone here to participate with any business or investment being posted. That is the INDIVIDUAL'S DECISION ALONE. And if you do not have actual verifiable evidence that something is a scam, you have no business making such accusations.

It is very likely that you are probably a shill for a bank or government trying to cast aspersions and make it seem like most bitcoin related stuff is "just a scam". Let me point to obama's wall st bailout, where after the banks duped investors into buying bad mortgage debt they got bailed out on the taxpayers' time for their misdeeds.

Let's get over the myth that more information = more legitimacy. Take the risk, or don't. It's your choice. Your chance to lose is always present, so you do not risk more than you are willing or able to lose. That's it.
BTC-Joe
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April 08, 2016, 02:39:54 AM
 #24

Again, you have no clue what you are talking about. Bitcoin is completely open, all transactions are public. How is that private? Just because two parties agree that an object (Bitcoin in this case) has value does not mean you have to trust every other thing that person says. And this is not even a Bitcoin business, they would be converting Bitcoin to start a company operating in fiat.

You're really missing points here...

The transaction list is effectively anonymous, especially since most transactions generate a new address for each exchange. Transactions do not require anything other than the to and from addresses and amount - nothing particularly identifiable about that. More importantly, transactions are not regulated by a central entity. This is what allows for truly free trade without tariffs or limitations on the goods/services being exchanged...and it's also what makes bitcoins an easy target for scammers.

Nothing is entirely good or bad, but you don't nuke a whole city to get rid of the 1% of people who commit crimes.

You have the option to choose who you do business with based on your perception of their trustworthiness. You do not have the option to accuse a person, business or investment a "scam" simply because you feel that way. Nor do you have the option to demand that a business operate according to your preferences - if you don't like the way they do things then avoid them!

Imagine this: People who see you suggest that you murder children because you might look like a guy who does that. It's covered by 'free speech' because they never said you that you actually do that, they just say they think you might be the kind of person who does based on your appearance.

Are you OK with that kind of characterization by total strangers based purely on your appearance? Because that is the kind of environment you're advocating for here with bitcoins by making false claims about businesses and investments based on nothing other than casual whims.
AcoinL.L.C
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April 08, 2016, 05:04:36 AM
 #25

Again, you have no clue what you are talking about. Bitcoin is completely open, all transactions are public. How is that private? Just because two parties agree that an object (Bitcoin in this case) has value does not mean you have to trust every other thing that person says. And this is not even a Bitcoin business, they would be converting Bitcoin to start a company operating in fiat.

You're really missing points here...

The transaction list is effectively anonymous, especially since most transactions generate a new address for each exchange. Transactions do not require anything other than the to and from addresses and amount - nothing particularly identifiable about that. More importantly, transactions are not regulated by a central entity. This is what allows for truly free trade without tariffs or limitations on the goods/services being exchanged...and it's also what makes bitcoins an easy target for scammers.

Nothing is entirely good or bad, but you don't nuke a whole city to get rid of the 1% of people who commit crimes.

You have the option to choose who you do business with based on your perception of their trustworthiness. You do not have the option to accuse a person, business or investment a "scam" simply because you feel that way. Nor do you have the option to demand that a business operate according to your preferences - if you don't like the way they do things then avoid them!

Imagine this: People who see you suggest that you murder children because you might look like a guy who does that. It's covered by 'free speech' because they never said you that you actually do that, they just say they think you might be the kind of person who does based on your appearance.

Are you OK with that kind of characterization by total strangers based purely on your appearance? Because that is the kind of environment you're advocating for here with bitcoins by making false claims about businesses and investments based on nothing other than casual whims.


All I have to say is you are clearly new here. I have a bridge for sale, only accept Bitcoin for investments and no questions can be asked. Sound good?
BTC-Joe
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April 08, 2016, 06:36:27 AM
 #26

All I have to say is you are clearly new here. I have a bridge for sale, only accept Bitcoin for investments and no questions can be asked. Sound good?

Is that your expert assessment?

From my profile here...
Date Registered: June 17, 2011

And I've been involved with bitcoins since before I joined this forum site...back when it was possible to mine several per day with GPUs, which I did, and which has resulted in me having hundreds of bitcoins.

Now go ahead and quote the part of my post where I said that an investor should do no due diligence. Go ahead, I'll wait...or we can to fast-forward to the time when you realize I never said that.

What I did say is that the buyer/investor is responsible for their own actions, including the decision of whom they do business with.

I also said that applying the expectations and paradigms of traditional business models and investments to bitcoin can only act as a hindrance, as those elements require centralization and institutional entities to create and enforce rules...in other words, it would become no different than the way things are now with standard currencies.



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