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Author Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx  (Read 316358 times)
freedomno1
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May 17, 2013, 12:20:36 PM
 #1541

Good time to buy SDICE shares.

Quote
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

Well according to the crowdsourced wisdom in the other thread the right time to buy a stock is when it's expensive and the right time to sell it is when it's cheap.

Before you laugh, this is in point of fact exactly the advice "financial advisors" were even recently giving their well paying, high powered customers such as Stanford etc.

I'm no professional trader, but I always follow the same simple strategy: I buy during panic sell offs caused by negative news (eg, Dwolla/MtGox situation, the block chain fork, etc. ) and I sell when others panic buy or when all the market is uber bullish

Sure, to catch the very bottom and the very top you need to be lucky and most times it does not happen, but this very simple strategy worked wonders for me, not only in the BTC world.

I bought BlackBerry stocks when everybody was saying they were dead, and I sold all my holdings during the rally prior of the official presentation of BB10, making 300% profits.

[/quote]

I do the same but check if the news is really something that can cause disaster and is worth that risk
Although sometimes weird things happen Fannie Mae and Freddie Mac returning a lot of money for people who held it for the last year and bought in at 20 cents kind of looks like a bitcoin chart haha
http://www.freddiemac.com/investors/stock/stock_chart.html
http://finance.yahoo.com/echarts?s=FNMA+Interactive#symbol=fnma;range=ytd;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

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May 17, 2013, 12:29:34 PM
 #1542

For the record: Korbman is some failed wannabe financier (loosely associated with some wannabe competitor for that matter). Take what he says with a grain of salt (not because what he says about MPEx is wrong, which it is, but because what he says about finance is stupid, which he is).

Lolz..let me fix that for you:

For the record: MPOE-PR is some failed wannabe financier (loosely associated with some wannabe competitor for that matter) suffering from delusions of grandeur and narcissism. Take what she says with a grain of salt (not because what she says about me is wrong, which it is, but because what she says about finance is stupid, which she is).

And I'd recommend learning to understand an exaggeration when you see it. I know there are more than 5 people on MPEx. Wink

Anyway..back on topic.

Good time to buy SDICE shares.

Quote
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

I'm no professional trader, but I always follow the same simple strategy: I buy during panic sell offs caused by negative news (eg, Dwolla/MtGox situation, the block chain fork, etc. ) and I sell when others panic buy or when all the market is uber bullish

Sure, to catch the very bottom and the very top you need to be lucky and most times it does not happen, but this very simple strategy worked wonders for me, not only in the BTC world.

I bought BlackBerry stocks when everybody was saying they were dead, and I sold all my holdings during the rally prior of the official presentation of BB10, making 300% profits.


I take this philosophy to heart as well, and it has been quite helpful over the past few years. With a little due diligence it's usually easy to see when people are overreacting to news..and at that point, "keep calm and profit" Cheesy

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May 17, 2013, 12:31:32 PM
 #1543



Good time to buy SDICE shares.

Quote
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

I'm no professional trader, but I always follow the same simple strategy: I buy during panic sell offs caused by negative news (eg, Dwolla/MtGox situation, the block chain fork, etc. ) and I sell when others panic buy or when all the market is uber bullish

Sure, to catch the very bottom and the very top you need to be lucky and most times it does not happen, but this very simple strategy worked wonders for me, not only in the BTC world.

I bought BlackBerry stocks when everybody was saying they were dead, and I sold all my holdings during the rally prior of the official presentation of BB10, making 300% profits.


I take this philosophy to heart as well, and it has been quite helpful over the past few years. With a little due diligence it's usually easy to see when people are overreacting to news..and at that point, "keep calm and profit" Cheesy


Unless its all bloody robots why I like bitcoin exchanges not all HFT spam and noise

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May 17, 2013, 02:23:26 PM
 #1544

Thanks I didn't mean to offend you MPOE still learning these things

That's ok, you have to really try to manage offending me.

I was thinking that I would need a Yubikey on top of that and learn what the heck STAT and Armor were well as expected the bar is fairly high but once you get it probally is cake

You don't need a yubikey (nor is it actually very useful). A STAT is just that, you type out STAT and gpg-sign/gpg-encrypt it.

Dear Lord, what is this ?
Yes, this is dog. == God never got that reference

Some meme thing.

Bunch of linux nodes/unix command probably to execute orders.

Actually if you use pympex (and I think pretty much everyone does), which is simply a python script, you can run it on any platform (windows, linux, mac, anything that has python and gpg ported which pretty much means everything).

how the shares would be transferred etc would be a puzzle

Transferred where you mean?

Was wondering if you could point me in the right direction so I can calculate it then

S.MPOE: April, March, February, January, [2012] December, November, October, September, August, July, June, May etc (yes it goes back further than that).

For example were the accounts resell-able if the cost of entry rose in the foreseeable future or were the keys assigned by IP and unique  identification.

There's no assignment whatever. If you can use the registered key to sign you can issue orders, they will be honored.

Since passthrus are conducted through MPEX and have a reverse conversion option on most indexes what were the advantages of that and relating to that what is the average net investors wealth on mpex due to the high entry makes sense for big users to play there.

Can you rephrase this?

And relating to that what degree of margin is allowed was another curiosity WOT = Web of Trust  ratio's to positive ratings etc and its % based return on margins.

Can you rephrase that too?

That said people use MPEx for a reason and it remains popular even if I don't know all the reasons why so could use some enlightenment if you have any points that I missed.

Security. MPEx is both theoretically (because of pgp, for instance) and practically (because of its history, for instance) pretty much the only secure service in all of Bitcoin (and yes, anything website-based is insecure by that very fact).

Professionalism. Too much stuff to list, not to mention too many people will get severe acute butthurt if I do. Reading my post history may be a good proxy.

Economic reasons. 0.2% fee sell side only is still by far the lowest fee in BTC. S.DICE raised ~50k BTC on its IPO, this is yet to be matched by anyone. Stuff like that.

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May 17, 2013, 02:44:30 PM
 #1545


Also questions posted previously and waiting on response.

- Has the $5000/month cap changed for the new employee?
- How is the conversion calculated (because I see no consistency between months) ...Start/End of the month, btc average month price, expected trend value? The information on how these numbers are calculated are integeral to ensure honest business is being conducted, and that we're not just shitting magic numbers...As well as a demonstration that the last 2 months did have some sort of calculation alg in common so that we can see there was no deceit involved in the past addtional fees.

These are good questions. At the end of this month, I'll detail the current expenses and what people can expect going forward.
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May 17, 2013, 04:08:14 PM
 #1546


Also questions posted previously and waiting on response.

- Has the $5000/month cap changed for the new employee?
- How is the conversion calculated (because I see no consistency between months) ...Start/End of the month, btc average month price, expected trend value? The information on how these numbers are calculated are integral to ensure honest business is being conducted, and that we're not just shitting magic numbers...As well as a demonstration that the last 2 months did have some sort of calculation alg in common so that we can see there was no deceit involved in the past additional fees.

These are good questions. At the end of this month, I'll detail the current expenses and what people can expect going forward.

It worries me that you didn't supply a simple yes/no to the 1st point. While also avoiding answering something I'd imagine you should be familiar with...Is the pay calculated at the start or end of the month or is is it an averaged sum of each day in the month.

At the moment, it's looking a lot like these 2 figures have little in common and are merely vectors for maximising your personal gains. I dislike making claims of this nature but with all these new costs appearing along with your unwillingness to give any sort of detailed response in regards to them leave me little choice. So please, instead of trying to shirk the issue till the end of the month, demonstrate that I am incorrect in my presumptions and that you are in fact acting with honesty and with full regard for those with a stake in your actions. Thank you.
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May 17, 2013, 04:10:32 PM
 #1547

...demonstrate...

You ask too much!
freedomno1
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May 17, 2013, 10:01:01 PM
 #1548

Thanks I didn't mean to offend you MPOE still learning these things

That's ok, you have to really try to manage offending me.

^_^

I was thinking that I would need a Yubikey on top of that and learn what the heck STAT and Armor were well as expected the bar is fairly high but once you get it probally is cake

You don't need a yubikey (nor is it actually very useful). A STAT is just that, you type out STAT and gpg-sign/gpg-encrypt it.

Thought it was a bit tougher he-he. That STAT and Armor were types of software. As for the Yubikey that's just for Overkill to keep it in some locked away corner in a safe guarded by some lasers only to be accessed when needed like a spy movie or put in in a pyramid and make it an Indiana Jones movie ha-ha but your right not very useful.
But I get what STAT is now was Armor the same? Almost sounds like a shell

Dear Lord, what is this ?
Yes, this is dog. == God never got that reference

Some meme thing.


Bunch of linux nodes/unix command probably to execute orders.

Dawg from Bounty hunter not snoop dog. Should have guessed it was a meme thanks you solved that quandary.

Actually if you use pympex (and I think pretty much everyone does), which is simply a python script, you can run it on any platform (windows, linux, mac, anything that has python and gpg ported which pretty much means everything).

If I read this correct then it is simply a python script, that you can run similar to a trading platform.
This is a command line front end to MPEx. It is also a simple library for communication with MPEx.

Looking up Azelphur images on google shows me a gaming chart? And pyMpex and ad for pumpex
http://www.pumpex.org/scripts/getfile.asp?sRelFilePath=skapaflex%5Cimglib%5C21%5Chelmet_text.jpg

Might need to reinstall python it has been a while but I like your readme
I particularly like that
The Great Seal of the exchange has been duly applied.

how the shares would be transferred etc would be a puzzle

Transferred where you mean?

I meant between a passthru exchange to a MPEX related account or the inverse
Should bug TAT he stalks this thread more than I do Tongue
Units of the fund ARE convertible to shares on MPEX at 1 unit = 100 shares PUSHED to your MPEX account for a fixed fee of 1 BTC per transfer (fee subject to change).
Was wondering what being PUSHED to MPEX meant I know its an asset import so I'm guessing its related to a command in pyMpex
Using Python to launch the command then send it to the fingerprint and print a reciept Smiley But was not 100% with the same ability working in the reverse.
https://www.havelockinvestments.com/mpeximport.php
As an example

Or if you win an auction thread in the board
So yes I mean where do they go and how do they know where to send these shares too Smiley
https://bitcointalk.org/index.php?topic=205497.0;topicseen

Was wondering if you could point me in the right direction so I can calculate it then

S.MPOE: April, March, February, January, [2012] December, November, October, September, August, July, June, May etc (yes it goes back further than that).

Wow that's a nice list thanks I'll go through it since you took the time Smiley
24 new members in April, 5 in March >>>Revenue from new accounts : 70 BTC <<<<< Not sure what that is in February 2.3? and 32.3 in January I divided by 30 so not sure what the 10 bitcoins is from.
That said seems price is correlated but people still join Smiley

Either way it does grow steadily and the MPOE side does really lose from the volatility would go back further but theirs a fee that said I wanted just the period from January onward to match the chart so it worked thanks Cheesy

But as far back as I can go see MPOE usually breaks a profit or small loss but now is in a bigger loss due to March but your August 2012 was worse so it fluctuates
http://polimedia.us/trilema/2013/mpoe-march-2013-statement/
That said it does make money as it pays dividends on the Operation Results of MPEX on profits but not on MPOE if its a loss
How is the loss absorbed though is probably in another financial sheet the Annual report Smiley well the March Report also says total assets but an annual is more focused Smiley

Geh 15K makes me a bit queasy in fiat (but doesn't beat the pizza by far Cheesy)
Hope you find that evangelist unless that's you MPOE then nice stalking Cheesy your doing your job
Evangelist at large. Your job will be to educate the specialist public on everything to do with MPEx. If you have a history of speaking engagements at relevant (ie, finance) conferences and a good personal platform I’m very interested to hear from you.
Although for a job offer page would think it would be  on a credit free page ha-ha.

I guess holders will need to see how the new bot functions based on the April report
It also seems that the sales fee fluctuates but well that's pure profit so it works and depends on the options traded as well.
39 Satoshi is still something at least Smiley
Well on a price thats currently
0.00067319
http://mpex.co/?mpsic=S.MPOE
That said looking at the numbers helped me understand the history thanks Smiley
Mircea Popescu, 888`284`714 shares,
Third parties 111`715`286 shares.
88.8% a sexy number of controlling shares Cheesy

For example were the accounts resell-able if the cost of entry rose in the foreseeable future or were the keys assigned by IP and unique  identification.

There's no assignment whatever. If you can use the registered key to sign you can issue orders, they will be honored.

That's a good explanation thanks Smiley

Since passthrus are conducted through MPEX and have a reverse conversion option on most indexes what were the advantages of that and relating to that what is the average net investors wealth on mpex due to the high entry makes sense for big users to play there.

Can you rephrase this?

Related to the above part
"how the shares would be transferred etc would be a puzzle"
Meant they can be moved from exchanges to mpex and vice versa but what's the biggest advantage of that, besides mobility and 100% of the dividend instead of 95% of the dividend using a pass-thru.

Second part was since the price of entry is 30 Bitcoin's the average investor there needs to be computer proficient and have a fair bit of equity was just curious if you had a rough idea on the average investor's net investments Smiley
At least 3000 dollars to start at 0 but that's accounting for the entrance fees Cheesy

And relating to that what degree of margin is allowed was another curiosity WOT = Web of Trust  ratio's to positive ratings etc and its % based return on margins.

Sure on MPEX it say's you have margin available was wondering if theirs a general bracket based on Web of Trust Ratio
Lets say
+100 2%
+50   3%
0       5%
Yes, MPEx allows you to trade on margin. To qualify you must have a solid WOT rating and considerable trade volume on MPEx. Amounts and rates negotiable, you will have to talk to mircea_popescu (usually in #bitcoin-assets, or alternatively email) to get yours.

The question was is their an average negotiation rate, and what was considered a considerable trade volume on MPEx

That said people use MPEx for a reason and it remains popular even if I don't know all the reasons why so could use some enlightenment if you have any points that I missed.

Security. MPEx is both theoretically (because of pgp, for instance) and practically (because of its history, for instance) pretty much the only secure service in all of Bitcoin (and yes, anything website-based is insecure by that very fact).

Professionalism. Too much stuff to list, not to mention too many people will get severe acute butthurt if I do. Reading my post history may be a good proxy.

Economic reasons. 0.2% fee sell side only is still by far the lowest fee in BTC. S.DICE raised ~50k BTC on its IPO, this is yet to be matched by anyone. Stuff like that.


Thank's MPOE-PR helped to cover some of the items I did not see in the FAQ
Sorry for these giant walls of text evoorhees and TAT tries to behave XD

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May 17, 2013, 10:05:24 PM
 #1549

...demonstrate...

You ask too much!

I ask more Smiley

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May 17, 2013, 10:51:43 PM
 #1550

MPOE-PR, Havelock Investments have 0 fees on either buyer and seller side, yet you state your 0.2% fee sell-side is the lowest in BTC (is BTC a place now?).

Care to amend, or comment on your claim?

Well I know hav fees are from the dividend side so Smiley
But I guess that is true 0.2 is not the lowest sell side its 0

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May 18, 2013, 07:22:48 AM
 #1551


Also questions posted previously and waiting on response.

- Has the $5000/month cap changed for the new employee?
- How is the conversion calculated (because I see no consistency between months) ...Start/End of the month, btc average month price, expected trend value? The information on how these numbers are calculated are integral to ensure honest business is being conducted, and that we're not just shitting magic numbers...As well as a demonstration that the last 2 months did have some sort of calculation alg in common so that we can see there was no deceit involved in the past additional fees.

These are good questions. At the end of this month, I'll detail the current expenses and what people can expect going forward.

It worries me that you didn't supply a simple yes/no to the 1st point. While also avoiding answering something I'd imagine you should be familiar with...Is the pay calculated at the start or end of the month or is is it an averaged sum of each day in the month.

At the moment, it's looking a lot like these 2 figures have little in common and are merely vectors for maximising your personal gains. I dislike making claims of this nature but with all these new costs appearing along with your unwillingness to give any sort of detailed response in regards to them leave me little choice. So please, instead of trying to shirk the issue till the end of the month, demonstrate that I am incorrect in my presumptions and that you are in fact acting with honesty and with full regard for those with a stake in your actions. Thank you.

You ask too much!

If they were answered, or their subjects weren't shrouded in such ambiguity...then they wouldn't be asked 'too much'. These are important questions, that effect all users, shareholders along with Erik's reputation. You sir, should appreciate the time I invest in persisting to get these answers as they're beneficial to the overall community.
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May 18, 2013, 08:23:08 AM
 #1552


Also questions posted previously and waiting on response.

- Has the $5000/month cap changed for the new employee?
- How is the conversion calculated (because I see no consistency between months) ...Start/End of the month, btc average month price, expected trend value? The information on how these numbers are calculated are integral to ensure honest business is being conducted, and that we're not just shitting magic numbers...As well as a demonstration that the last 2 months did have some sort of calculation alg in common so that we can see there was no deceit involved in the past additional fees.

These are good questions. At the end of this month, I'll detail the current expenses and what people can expect going forward.

It worries me that you didn't supply a simple yes/no to the 1st point. While also avoiding answering something I'd imagine you should be familiar with...Is the pay calculated at the start or end of the month or is is it an averaged sum of each day in the month.

At the moment, it's looking a lot like these 2 figures have little in common and are merely vectors for maximising your personal gains. I dislike making claims of this nature but with all these new costs appearing along with your unwillingness to give any sort of detailed response in regards to them leave me little choice. So please, instead of trying to shirk the issue till the end of the month, demonstrate that I am incorrect in my presumptions and that you are in fact acting with honesty and with full regard for those with a stake in your actions. Thank you.

You ask too much!

If they were answered, or their subjects weren't shrouded in such ambiguity...then they wouldn't be asked 'too much'. These are important questions, that effect all users, shareholders along with Erik's reputation. You sir, should appreciate the time I invest in persisting to get these answers as they're beneficial to the overall community.

Well hes busy at the bitcoin conference since I'm stalking that thread Smiley Also this is not the main satoshidice official page but the Mpex page even though its popular XD

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May 18, 2013, 09:50:27 AM
 #1553

MPOE-PR, Havelock Investments have 0 fees on either buyer and seller side, yet you state your 0.2% fee sell-side is the lowest in BTC (is BTC a place now?).

Care to amend, or comment on your claim?

The best I can do is look at their site. What I see there is Sign In/Register Fund Reports Our Funds Contact Us. I don't happen to be a user, so which of these should I click to see your claim confirmed?

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May 18, 2013, 09:53:50 AM
 #1554

They don't mention that they have fees (or rather, the lack of) anywhere, not even logged in I don't think.
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May 18, 2013, 10:18:36 AM
 #1555

Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.
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May 18, 2013, 10:39:19 AM
 #1556

Ah that's why
Was answering the question of MPOE-BR regarding havelock
Well since the admin deleted it will accept that I was off topic still would be nice if you said something instead of just spamming report
As for you well to be honest your off topic too this is not the official satoshidice thread
https://bitcointalk.org/index.php?topic=77870.0
Go here or I'll report as well Smiley

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May 18, 2013, 11:07:41 AM
Last edit: May 18, 2013, 12:00:15 PM by freedomno1
 #1557

Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.

Send your piffle to the correct topic first and hang out on the forums more and learn, first and foremost before making your own comments and complaining when evoorhee's doesnt check the thread. This is the satoshidice mpex announcement not the satoshidice offical page so please follow your own rules and etiquitte if your going to call someone out
As for myself
I apologize to the thread for spamming it I was talking to the MPEX-PR account and we were on a related topic and so thought it would be an acceptable extension, replying to the MPEX-PR account also seemed appropriate as it regarded related information on alternative exchanges,
trading on an exchange and inquiries into funds and was a reply to the question of commenting or amending the claim. If the error was for replying to an alternative exchange havelock on a MPEX thread regarding the posters question then that is my error.
Considering this is an announcement page for S.Dice on MPEX Dividend Paying Asset and the user was a MPEX-PR account that is authorized to comment on these type of questions I thought it would be acceptable to have a conversation on this thread regarding that topic. Since it was reported and removed I deem it was not and so I apologize for my error.


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May 18, 2013, 11:34:39 AM
 #1558

Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.

I don't see how you reason MPEx technicalities are off topic here.

Well since the admin deleted it

They did?!

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May 18, 2013, 11:48:48 AM
 #1559

Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.

I don't see how you reason MPEx technicalities are off topic here.

Well since the admin deleted it

They did?!

Yep sent you it in PM instead

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May 18, 2013, 04:09:24 PM
 #1560

MPOE-PR, Havelock Investments have 0 fees on either buyer and seller side, yet you state your 0.2% fee sell-side is the lowest in BTC (is BTC a place now?).

Care to amend, or comment on your claim?

The best I can do is look at their site. What I see there is Sign In/Register Fund Reports Our Funds Contact Us. I don't happen to be a user, so which of these should I click to see your claim confirmed?

They don't mention that they have fees (or rather, the lack of) anywhere, not even logged in I don't think.


I should probably help clear this up. True, Havelock doesn't charge any fees for buys or sells..only a 0.001 fee for Bitcoin withdrawals. The eventual plan is to implement a fee based system like any other exchange, but I'm not sure what Lightbox's plan / timeframe is for that. Whether or not the fee will be 0.2% or lower, I don't know.

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