Bitcoin Forum
May 04, 2024, 05:52:29 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1] 2 »  All
  Print  
Author Topic: Vircurex.com going public  (Read 2593 times)
Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 03, 2013, 01:40:42 AM
 #1

In case you guys are not reading the Market section: Vircurex.com is going public on https://cryptstocks.com

Details at https://cryptostocks.com/securities/34

Help support the multi alt-chain exchange by becoming a shareholder (for as little as 0.25BTC per share).

Hacked Account! Don't send any money.
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714801949
Hero Member
*
Offline Offline

Posts: 1714801949

View Profile Personal Message (Offline)

Ignore
1714801949
Reply with quote  #2

1714801949
Report to moderator
1714801949
Hero Member
*
Offline Offline

Posts: 1714801949

View Profile Personal Message (Offline)

Ignore
1714801949
Reply with quote  #2

1714801949
Report to moderator
bitcool
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 03, 2013, 05:45:28 PM
 #2

Interested. But how can investors trust and verify this 30% stake?  

Most of the successful businesses in crypto coin world have real (physical) identities behind them, mtgox, bitpay, bitinstant...  

For businesses, anonymity is a big disadvantage, a sign of lacking responsibility.  It's not just vircurex, I see this as a serious problem in alt chain world.  Btc-e lost quite some credibility with this RUC thing, not very confidence inspiring.  

 
Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 04, 2013, 02:16:17 AM
 #3

Interested. But how can investors trust and verify this 30% stake?  

The public traded shares can be seen on Cryptostocks.com. To further enhance credibility, I will be moving the collected funds from the share sales to a fresh BTC address and publish it here. That will allow anyone to validate that the amounts have been in fact collected and then will be moved to the respective exchanges for conversion to USD.

Most of the successful businesses in crypto coin world have real (physical) identities behind them, mtgox, bitpay, bitinstant... 

And that is exactly what we are addressing here, one of the very first steps will be to incorporate Vircurex, just as the named examples.

Hacked Account! Don't send any money.
doublec
Legendary
*
Offline Offline

Activity: 1078
Merit: 1005


View Profile
February 04, 2013, 02:24:43 AM
 #4

Is Cryptostocks owned by Vircurex?
Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 04, 2013, 02:48:36 AM
 #5

No it is not owned by Vircurex. Are you suggesting that Cryptostocks should be listed too?

Hacked Account! Don't send any money.
doublec
Legendary
*
Offline Offline

Activity: 1078
Merit: 1005


View Profile
February 04, 2013, 03:04:09 AM
 #6

No it is not owned by Vircurex. Are you suggesting that Cryptostocks should be listed too?
At the bottom of the cryptostocks website it says:
Quote
Cryptostocks © Copyright 2012, All Rights Reserved.
A service of Vircurex

That's why I asked. The page for Vircurex didn't mention any relationship with cryptostocks which, if there was a relationship, might impact on interest in it.
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1473


LEALANA Bitcoin Grim Reaper


View Profile
February 04, 2013, 04:07:10 AM
 #7

Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
bitcool
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 04, 2013, 04:20:29 AM
 #8

Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%?

How is vircurex market cap valued?
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1473


LEALANA Bitcoin Grim Reaper


View Profile
February 04, 2013, 04:26:32 AM
 #9

Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%?

How is vircurex market cap valued?

The contract explains that in the OP.

Not sure how it is valued. But in my opinion it is way over priced.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
bitcool
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 04, 2013, 01:37:46 PM
 #10

Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%?

How is vircurex market cap valued?

The contract explains that in the OP.

Not sure how it is valued. But in my opinion it is way over priced.
If I read this correctly, 45K shares is actually the 100% of the stake, 11.25K btc, roughly 220K usd, it's on the high side but not insanely high. 
FuzzyBear
Legendary
*
Offline Offline

Activity: 1420
Merit: 1010



View Profile WWW
February 04, 2013, 01:41:31 PM
 #11

Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%?

How is vircurex market cap valued?

The contract explains that in the OP.

Not sure how it is valued. But in my opinion it is way over priced.
If I read this correctly, 45K shares is actually the 100% of the stake, 11.25K btc, roughly 220K usd, it's on the high side but not insanely high. 

Tis more than I have in my bank account so I won't be buying all the share... but would like a few.... just got to get some BTC now Tongue

***** Earn DEV at http://devtome.com *****
bitcool
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 04, 2013, 03:15:47 PM
 #12

I see big potentials IF everything is done right.

Opportunity does exist in this space because some exchange(s) are limited by its background and political environment(IMO), and most BTC exchanges are too ignorant to deal with alt chain currencies ATM.
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 04, 2013, 06:37:30 PM
 #13

Well let's do some basic math.

2k BTC (that's after the 1500 fee) converted into USD and sitting in a bank account.
10 BTC per month profit.
So if BTC rises vs USD by more than 0.5% per month the value of assets falls faster than profit can compensate for (and that's BEFORE the profts get split between all shares).

Guess it's an investment aimed at people who think BTC will fall vs USD in the medium term.
bitcool
Legendary
*
Offline Offline

Activity: 1441
Merit: 1000

Live and enjoy experiments


View Profile
February 04, 2013, 07:16:20 PM
 #14

Yes, 10btc/month profit is miserable. However IF everything done right, it can be THE goto alt-chain exchange.  Just IMO, currently there's a vacuum in the space of safe, reliable, trusted and legit alt chain marketplace.

Also, in the short history of bitcoin's existence, there has been very few investment can compete with btc hoarding, sans pirates and thieves.
Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 19, 2013, 04:54:18 PM
 #15

Help toi grow Vircurex by buying its shares on https://cryptostocks.com

The end of the IPO is end of February.

Details of the contract can be seen here:
https://cryptostocks.com/securities/34

Hacked Account! Don't send any money.
Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 23, 2013, 09:53:45 AM
 #16

Bump.

One more week till end of IPO.  Still have quite a number of shares to be sold.   Support the Alt-Chains buy buying a share or two of Vircurex.


Hacked Account! Don't send any money.
FuzzyBear
Legendary
*
Offline Offline

Activity: 1420
Merit: 1010



View Profile WWW
February 26, 2013, 02:22:34 AM
 #17

bump to support Vircurex and their great service come on people these guys were around long b4 ripple Tongue

***** Earn DEV at http://devtome.com *****
Walter Rothbard
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm


View Profile WWW
February 26, 2013, 08:41:17 AM
 #18

Bump.

One more week till end of IPO.  Still have quite a number of shares to be sold.   Support the Alt-Chains buy buying a share or two of Vircurex.



I've been reading about this, but I am a little confused.  If I'm reading correctly, 45,000 shares were initially issued with 13,500 offered for sale publicly.  Then later the issue was amended such that there are to be a total of 31,000 shares with 9,300 to be sold publicly.  But the cryptostocks platform still shows 45,000 total shares for VCX and a total of 15,000 publicly available (3180 currently held publicly and 11,820 still for sale from the original offer.)  Is there going to be an adjustment to the listing to make the listing match the announcement?

Kumala (OP)
Hero Member
*****
Offline Offline

Activity: 525
Merit: 500



View Profile
February 26, 2013, 01:23:24 PM
 #19

I will make the final amendmend after the IPO deadline, based on the BTC price. Looks as if it is around 30 USD per BTC, thus the numbers are correct and I will be adjusting the numbers on the exchange accordingly because it is not possible to change the quantities of an existing placed order.

Hacked Account! Don't send any money.
Walter Rothbard
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm


View Profile WWW
February 26, 2013, 02:25:32 PM
 #20

Thanks for the clarification!

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!