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Author Topic: Securities for non mining related company?  (Read 1080 times)
BitCoinPokerBro (OP)
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July 16, 2014, 08:43:03 PM
Last edit: July 16, 2014, 08:58:06 PM by BitCoinPokerBro
 #1

99% of the companies on Havelock and Cryptostocks are based on mining. Most of which pay out a decent rate when compared to cex.io or similar cloud mining sites.

The problem with this is if bitcoin should crash down to say $100ish (gasp) dividends going forward will be worth 1/6 of what it would be today. This is especially important for those who are reinvesting.

If a company were paying dividends on earnings of a store, app, etc those earnings would be in dollar's, euro's, Pound's or whatever major currency then converted to bitcoin for payment x times per month. No matter what the price of bitcoin be it $100, $600, or $10,000. Where as if a mining company pays dividends it will always be worth x percent of BTC1. Does that make sense?

The only companies I've been able to find fitting this criteria are Unitely and Nitepass on cryptostocks. Which unfortunately both are a bit sketchy since I was unable to find the Nitepass app and Unitely's app didn't have any reviews. If they were actually generating $1,500-4,000 in revenue as claimed wouldn't you expect at least one person to rate the app over the last 4 months? Not to mention the suspiciousness of both companies being practically the exact same concept and located in the same province. Add in all the bad rep about cryptostocks owner. Just doesn't appear to be a good investment.

So, other than the above two is anyone offering securities/bonds/shares in a non mining or even non bitcoin based company?



IPO Magic
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July 16, 2014, 09:11:14 PM
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There's Rental Starter (RENT) on Havelock.  Buying, rehabbing, and renting out houses.  Not an endorsement, and (like everything else on Havelock) trading below IPO, but you can't get much less Bitcoin-related.

Can't say much about Cryptostocks, I think everyone using it assumes the listings are some alloy of scam/ponzi, and treats it as a game.
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July 16, 2014, 09:32:46 PM
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If you are going to invest your bitcoins you really should do it in a company that can generate bitcoins. Generating cash is probably better than anything having to do with mining, but unless that company can cash at a better rate than the price of bitcoin, it's a bad investment because you would be passing up on a better/easier investment (holding the coins) to make it.
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July 16, 2014, 10:47:34 PM
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https://bitcointalk.org/index.php?topic=615885.0

https://bitcointalk.org/index.php?topic=367560.0

Two more that I know of.
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July 16, 2014, 11:08:08 PM
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https://bitcointalk.org/index.php?topic=529544.0

BitCoinPokerBro (OP)
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July 17, 2014, 01:41:09 PM
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This is exactly what I was looking for! Thanks
pummle
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July 17, 2014, 07:33:46 PM
Last edit: July 28, 2014, 07:07:39 PM by pummle
 #7

Take a look at MPEx (unfortunately down right now for system maintenance), (back up again, now at mpex.ws) I don't think any of the assets listed there are mining related.

Trade bitcoin stocks, funds, and futures with the MPEx broker: CoinBR.com

The best place for bitcoin betting: BitBet.us
thy
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July 26, 2014, 01:15:18 AM
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99% of the companies on Havelock and Cryptostocks are based on mining. Most of which pay out a decent rate when compared to cex.io or similar cloud mining sites.

The problem with this is if bitcoin should crash down to say $100ish (gasp) dividends going forward will be worth 1/6 of what it would be today. This is especially important for those who are reinvesting.

If a company were paying dividends on earnings of a store, app, etc those earnings would be in dollar's, euro's, Pound's or whatever major currency then converted to bitcoin for payment x times per month. No matter what the price of bitcoin be it $100, $600, or $10,000. Where as if a mining company pays dividends it will always be worth x percent of BTC1. Does that make sense?

The only companies I've been able to find fitting this criteria are Unitely and Nitepass on cryptostocks. Which unfortunately both are a bit sketchy since I was unable to find the Nitepass app and Unitely's app didn't have any reviews. If they were actually generating $1,500-4,000 in revenue as claimed wouldn't you expect at least one person to rate the app over the last 4 months? Not to mention the suspiciousness of both companies being practically the exact same concept and located in the same province. Add in all the bad rep about cryptostocks owner. Just doesn't appear to be a good investment.

So, other than the above two is anyone offering securities/bonds/shares in a non mining or even non bitcoin based company?

There is not near 99% of the stocks that is miningstocks, but most of them is closely related to the BTCprice your correct in that. But there is some serious stocks out there thats not entierly dependent on the Bitcoinprice,  DEPT - Coin Dept Collection, stock number 128 on cryptostocks for example is collecting depts both linked to BTC and USD and you also have DEBTBOND1 - DEBTBond1 Coin Debt Collection (DEBT), project 141 on cryptostocks from the same issuer thats not related to mining either.


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