[BitFunder] Asset Exchange Marketplace + Rewritable Options Trading

[drawingthesun]

Relax poeple. I can bet that there will be many proxy services for US citizens. It's just a matter of time.

Bitfunder through weexchange will be demanding citizenship papers and such. Proxies will not suffice.

Theres more than one type of proxy service, no?

Do you mean verified people acting on behalf of American shareholders?

The only issue I see being Bitfunder discovering this and claiming all the shares. I am sure the new terms of service will prohibit the proxy of shares with penalty of confiscation.

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[Sou]

Relax poeple. I can bet that there will be many proxy services for US citizens. It's just a matter of time.

Bitfunder through weexchange will be demanding citizenship papers and such. Proxies will not suffice.

Theres more than one type of proxy service, no?

Do you mean verified people acting on behalf of American shareholders?

The only issue I see being Bitfunder discovering this and claiming all the shares. I am sure the new terms of service will prohibit the proxy of shares with penalty of confiscation.

Yeah, this might be more trouble than it's worth. I'm confident Ken will come up with a solution, be may have to go to private/direct shares as a short term fix.

[aquarius]

for non-US citizens, will we be able to transfer shares to other accounts on Bitfunder without being 'vierified' on WeExchange before Nov 1?

[gambitv]

Just a question for TAT.* investments. Is he american? Will he have to disband his assets?

[stereotype]

Relax poeple. I can bet that there will be many proxy services for US citizens. It's just a matter of time.

Bitfunder through weexchange will be demanding citizenship papers and such. Proxies will not suffice.

Theres more than one type of proxy service, no?

Do you mean verified people acting on behalf of American shareholders?

The only issue I see being Bitfunder discovering this and claiming all the shares. I am sure the new terms of service will prohibit the proxy of shares with penalty of confiscation.

Thats what came to mind, yes.

As much as i welcome due diligence from Bitfunder, or any other type of trading exchange, what private agreements exist between two third parties cannot be reasonably pursued by an exchange, or the all pervading SEC, my authoritative body, or anybody.

Exchanging directly held virtual shares between each other, is illegal now?    

[drawingthesun]

Exchanging directly held virtual shares between each other, is illegal now?    

I am on your side, but it sounds like they want to make everything illegal.

Too many busybodies in Government.

[aquarius]

Exchanging directly held virtual shares between each other, is illegal now?    

I am on your side, but it sounds like they want to make everything illegal.

Too many busybodies control freaks in Government.

ftfy

[tinus42]

I don't care:

http://www.dailymail.co.uk/news/article-2077808/Black-Panther-murderer-George-Wright-remain-free-Portugal-rejects-extradition-request.html

Well don't travel to other EU countries, eg. the Netherlands. Which is very quick extraditing people to the US, even their own citizens, under mere suspicion of a crime.

[viboracecata]

Is this the preface of the final closure of Bitfunder?

[drawingthesun]

Is this the preface of the final closure of Bitfunder?

Well its a stab in the dark to see if they can continue running. I am sure if they plan at this stage to close everything down they would have done that now instead of this no Americans mess.

If this puts them in clear legal water then it worked. Personally I think taking advantage of the new crowdfunding laws is the way to go, and even if those laws were not being enacted then somehow becoming legal is a much better course of action. Getting entrenched now as the legal bitcoin stock exchange will be well worth it. For example NASDAQ is worth several billion dollars (Thats over 50,000,000 bitcoin)

[Puppet]

Personally I think taking advantage of the new crowdfunding laws is the way to go, and even if those laws were not being enacted then somehow becoming legal is a much better course of action. Getting entrenched now as the legal bitcoin stock exchange will be well worth it.

+10
Almost all Bitcoin exchanges have gone legit, and that has greatly benefited bitcoin. I hope someone will do the same for the bitcoin security market. It may be a tall order, but if someone pulls it off, at least we could begin attracting more serious investments rather than being limited to illegally betting some playmoney in casino exchanges on mostly scam assets.

[BitThink]

Is this the preface of the final closure of Bitfunder?

Now it's almost dead. Majority of people will not bother to submit identity documents. So, it's safe to assume it will be closed after 1 November.

[Dexter770221]

Is this the preface of the final closure of Bitfunder?

Now it's almost dead. Majority of people will not bother to submit identity documents. So, it's safe to assume it will be closed after 1 November.

Especially that you can't change provided info. When I was registering I just type random characters to the fields (besides email) and now my name is jnba'ldkdbnsd. How I find a document now
Besides I don't have driving licence and passport.... Don't have car and haven't been abroad...

[crumbs]

Is this the preface of the final closure of Bitfunder?

Burnside made a similar announcement after the Pirateat40/SEC fiasco. 
There was shouting, a handful of prominent experts in international trade law weighed in with their august opinions, and burnside made a halfhearted retraction along the lines of "Lolz ugize, i wasn't serious!"

TL;DR: For those willing to read between the lines, yes.

[pedrog]

And I find that there is no option to upload my identity card, that is, I believe the most important identification in most country, should be worth 50 points.

My guess is that it is an Americanism, as they do not have identity cards, but driver licenses has been providing that somewhat.
In most other parts of the world, driver licenses do not carry such a high identity function (and are actually refused in many cases). And many people actually do not bother with getting a driving license (especially if living in a big city). What it should be is identity card or driver license, only for countries without identity cards.

Yes, I've done many identity's checks and documents required were always Citizens Card and an utility bill.

I know many people who doesn't have credit cards, passport or driver's license, this are awful requirements for nationality proof.

I don't care:

http://www.dailymail.co.uk/news/article-2077808/Black-Panther-murderer-George-Wright-remain-free-Portugal-rejects-extradition-request.html

Well don't travel to other EU countries, eg. the Netherlands. Which is very quick extraditing people to the US, even their own citizens, under mere suspicion of a crime.

I wont!

Plus: http://torrentfreak.com/file-sharing-for-personal-use-declared-legal-in-portugal-120927/

This is how much we care about US laws, well at least for now...

[jungle_dave]

Just out of curiosity, why not just move bitfunder to a friendlier country like China?

[🏰 TradeFortress 🏰]

Just out of curiosity, why not just move bitfunder to a friendlier country like China?

I don't think Ukto wants to move away from the us along with his family.

[fran2k]

Yes, I've done many identity's checks and documents required were always Citizens Card and an utility bill.

I know many people who doesn't have credit cards, passport or driver's license, this are awful requirements for nationality proof.

Yes, we should get enough points to verify just with an ID and the utility bill.

Is this the preface of the final closure of Bitfunder?

Now it's almost dead. Majority of people will not bother to submit identity documents. So, it's safe to assume it will be closed after 1 November.

Probably just a few will verify.

[gog1]

would his own asset be listed on the exchange?  technically, the ukyo.bond would not meet the listing requirement.

[runam0k]

I need to know how to edit the name I registered for the account at WE. Any update on this or can I just set up a new account?

Edit: Ukyo not active for a week now, WTF?