Want some straight answers... I have no issues with that.
1. Some of the funds were spent on external development for some functions that needed touching up... Not to mention security of the 3 servers it is currently on. I still have most of the funds on my wallet that was seized by the police. The remaining amount was earmarked for marketing. Talks were talking place between Martijn (MVDS) as he runs a marketing company. No deal was agreed though although did ask for his team to send me an email in due course.
So for a site in development where nothing happend you need 3 servers?
External coding? Thought you was using all your free time in developping?
2. Stock software built upon an unpublished framework... Skin was redistributed as it doesn't fit our means. A new theme was in the works and previously provided proof of this.
Nearly 1:1 copy of another site from UK what is online since 2013...
3. Cast as many assumptions as you will but my answer will remain the same. I hardly ever gamble now. I wouldn't considering poker gambling anyway as profit from this every month. Not as much as I used to but I know how to play. Im guessing your just a little bit peeved because i lost a few tournaments that you brought into. In regards to the 140 btc i borrowed it was for multiple purposes: 1. To buy mining hardware. 2. Pay my credit cards off and consolidate my jam loans. Yes i invested a little but you dont know my account overview. Pre-BTCPOP I have 23btc in net-arb notices at JAM. Not to mention the 8btc in pop i have. Some was used for trading paycoin which ultimately was my demise. I agreed to make good on that loan and sought a restructure of it. Me and you had our arguments but ultimately that 140 whittled down month on month. Not to mention the amount of Cash i paid lee every month for bitcoin. I have nothing to hide there... I even made damn sure my account was not administered by myself to avoid collusion.
The loan Lee gave you was used to pay also your Jam debt, you was overdue their, not the 140 BTC you borrowed before...
You maxed eveything out and then you wasn't able to repay a single loan, after months Lee offered you the private deal to pay your debts as its really bad for marketing if an admin of another site is overdue on Jam...
4. I did not agree with lee that any further loans would be ruled out. Ultimately my private finances are a matter between myself and my partner stacey. If we deem it fit to require a loan from another financial institution it is our god given right.
It was part of the deal to not take loans on pop or other sites anymore and sure Lee has a right to do if he helps you with your debt. You aggreed to the "private deal".
5. Yes I did take that instant loan out to fund a trip to Belgium. It was pretty lucrative and again paid in full before its due date. Not all of the funds were used which is why the repayments were made on time.
Right my bad, if you have lot of debt you can offcourse take another loan for a trip to Belgium...
6. No... POP had bugs in the instant loan system on more than 5 occasions over the past year. Some payment dates were extended by Lee to cater for my flexibility. All instant loans were paid in full however.... There are other examples of this still within the pop system.
So another time he helped you with extending the dates...
In regards to ethics i dont fault you cas. Im not telling you how to spend your funds but ultimately i would take everything you hear with a pinch of salt. Every company has its issues... No company is rosy and you'll find most people in the crypto world cover things up... My case examples for this are between july 2014 and present day.
You don't fault me? You asked for investments in your IPO and before in your loans directly on FB to me.
And now you say their was major issues on POP? It was no problem as long you could profit from it but now your ethics are to tell everyone of problems where probaly you created most off?
Childish isn't it?
I remember contacting you on FB when i saw something going wrong on pop ( Multiple cancel of investments what made the funded amount negative and the balance of the "investor" higher.
Your reply: I'm not working now.
Now if i would see something like that in a company i work for i would even go at night to the office and make it stop or at least try to reach my boss till bhe respond... Chad manged then to reach lee and stop that guy...
Your not a VC backer Cas... In order for businesses to expand and get more trust VC backers are required. Every other company has them why not POP... Lee asked me to investigate VC backing after his attempts failed on angel.co the bad ads still there... I lined up 2 calls with some local folks i know who have enough cash to splash but he buggered that by taking me off the vc backing trail... 1 serious investors including 1 ex city banker severely pissed off. They wont do business.
Do you know that i advised against VC? You see what happend to Jam and LB after they got high VC.
Ultimately im not here to scare folks im only here to spread the truth as aforementioned above.
No sure not thats why you posted a internal chat screenshot with "do you feel your btc is safe" to me...
Do you even believe your self?
This wont ruin my chances of future work as I already have a few lines of enquiry.
Persons like you will never work long for the same company and if they go or have to go they have never a chance to come back.
My botherings:
Am I bothered I no longer work for POP... £20k a year means nothing to me... Money is evil thats one of the reasons I got into bitcoin... Greedy, Corrupt business owners, politicians and bankers are the reason I joined up because I believe in transparency.
Right doesn't mean anything to you... thats why you have lot of debt... As long its money of others you don't care... Guess we all got that already.
Did Lee force you to work for him or why did you aggree to work for him again?
Is lee a company director... Maybe on Paper but whilst working there I tend to understand the company had no structure... Lee recruited a manager who was part time... You cant run a 24/7 business with a part time manager who works 2-3 days per week.
You can hire part time people who does part of your job so you as manager can focus on other things...
But hmm what do i try to explain you basic things about economics?
I already have a proven history that I can work with... I have failings and successes just as much as the next person. BIDBUYSELL is a passion of mine going forward and intend to work on the website and recruit more businesses on board to use it. Will it ever be as big as eBay... Looking back to 2004 when i made GBHosts... I sold that for several tens of thousands years later. I owned a computer shop but because of the economy didnt work out the way I assessed it would. It wont because I wont allow it. I believe in competition, transparency and choice. Not many do but POP is becoming a monopoly on many fronts... Not matter how much business they get eventually it will all disperse into nothing once bitcoin is no longer around or when our government make sanctions in regards to its use. There should be room of everyone in a common market like P2P lending as well as others. Ultimately makes you think about life. Its for living. Not just being greedy... If everyone started a business and deleted areas in this world unemployment would be curbed... Just proves that monopolies break things for everyone else.
Do you read what you write?
Bitcoin a failed experiment? Possibly... 21 million coins total... Again it wont be around forever. Further addition of coins in the network = price decrease making it less viable for businesses.
Blockchain has more potential on its own though.
Just to add I was recently investigated by a company called Concentrix and they agree that all my paperwork, finances and dealings are in order. The investigation ended with a thumbs up... I keep accounts for everything financial.
Markets works with every amount of money but again... you and economics...
