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Author Topic: [BitFunder] btcQuick - Bitcoin Sales Service  (Read 93929 times)
lg15x
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November 16, 2013, 01:42:36 AM
 #321

btcQuick with a big fat 0 bitcoins available for sale again.

Man oh man...

This is upset. They need to improve.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Ascension (OP)
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November 16, 2013, 05:51:49 AM
 #322

btcQuick with a big fat 0 bitcoins available for sale again.

Man oh man...

This is upset. They need to improve.

We are selling out what we have everyday and it doesn't help that our exchange is not being responsive about our deposits.
sparky999
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November 16, 2013, 08:42:15 AM
 #323

btcQuick with a big fat 0 bitcoins available for sale again.

Man oh man...

This is upset. They need to improve.

We are selling out what we have everyday and it doesn't help that our exchange is not being responsive about our deposits.

Usually when your selling out of a product everyday - you start to buy more?Huh Your customers will just go and find someone else to buy from if your always sold out. Why don't you just double the size of the order?
supermono
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November 16, 2013, 08:48:58 AM
 #324

So btcQuick is in debt with CoinLenders? Why? Or is it a Ascension's personal debt?

Update

The situation is I'm facing extreme difficulties in getting most borrowers to honor their obligations - the BTC rally doesn't help. To name a few that have been impossible to reach (when talking about their debt):
...
https://bitcointalk.org/index.php?action=profile;u=70541
...

Please don't ignore communication on debts.

I heard about the hacking for input.io. It is unfortunate that btcquick lost bitcoins. But the good news is btcquick's business is still good. This is most important for all holders.

I appreciate btcquick's hard work and will support you.
BTCQuick has been compensated in full for the balance on their Inputs account.

What's the story with this Ascension? Please elaborate...

+1
Plazma
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November 17, 2013, 12:27:58 AM
 #325

When are the dividends btw? This should be the first time we get dividends paid directly to our bitcoin addresses.

BTC: 1A1Mwjfw2mTko4N2UuVQ3RK4hXJunsPA3j
XMP: AcT3PK4wofjCMt6irN4HXENUqPvoBJRWk3
thecoinjournal
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November 17, 2013, 03:58:16 AM
 #326

When are the dividends btw? This should be the first time we get dividends paid directly to our bitcoin addresses.

I'm wondering too. Do we have a first half month dividend of November?

Ascension (OP)
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November 17, 2013, 05:01:53 AM
 #327

btcQuick with a big fat 0 bitcoins available for sale again.

Man oh man...

This is upset. They need to improve.

We are selling out what we have everyday and it doesn't help that our exchange is not being responsive about our deposits.

Usually when your selling out of a product everyday - you start to buy more?Huh Your customers will just go and find someone else to buy from if your always sold out. Why don't you just double the size of the order?

We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.
lg15x
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November 17, 2013, 07:54:15 AM
 #328

btcQuick with a big fat 0 bitcoins available for sale again.

Man oh man...

This is upset. They need to improve.

We are selling out what we have everyday and it doesn't help that our exchange is not being responsive about our deposits.

Usually when your selling out of a product everyday - you start to buy more?Huh Your customers will just go and find someone else to buy from if your always sold out. Why don't you just double the size of the order?

We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.

Hello Ascension,

This is acceptable when bitcoin price raising so fast. I suggest you'd better not issue dividends these 2 month and make a growth of capital. I think all shareholders can understand, but you need to issue financial report to let us know.

And if you can re-list bitQuick on other trading platform, you can sell some shares for more capital.
Fabrizio89
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November 17, 2013, 08:09:55 AM
 #329

^ +1 I think it is the best thing to do.
PurpleTentacle
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November 17, 2013, 08:18:29 AM
 #330

Someone posted this in the Activemining thread, might be worth to look into:

Ken, please take a look at getting us listed here. I've been waiting for them to go live for a few weeks already.

https://www.btcinve.com/

These guys also run www.litecoininvest.com. The exchange looks and feels similar to how btct.co was set up. They are located outside of the US and they are operating legally within their own country. I don't think we'll have a issue with this new exchange getting shut down at anytime like btct.co and bitfunder did (US based). Neil should be able to help us get listed and start trading again.

JSC Skėtis
Vilnius, Lithuania
neil@litecoininvest.com

trepex
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November 17, 2013, 08:21:58 AM
 #331

We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.

Have you thought about increasing your capital?
You have investors, maybe they want to help.

Btw.: What do you think about validating my account? (*)
And read my E-Mails! Maybe there are people out there, who could help.
But... maybe you do not want to expand your business.

(*)
I am a shareholder of btcQuick. About 0.1% but when you ignore the non-sold shares, its more.
I planned to invest more in btcQuick, so I aplied for an account and have a look at the site by myself.
As German citizen, I needed to go through that manual verification process. Ok, it's just $1.99 (+tax).
I uploaded my documents and waited... After some days, I received an email from the support. There
had bee a problem with my upload. Ok, I repeated it and watched close for any error. Replied to
them about the repeated document upload. No reaction for like 10 days now.
Maybe they don't appreciate their investors?
Maybe they don't need new customers?
Maybe they don't like Europeans :p ?

Sorry for putting out my personal problems as new user in public.

Will work for BTC and DEM (eMark)   No joke!   Network, WiFi, IPv6
Beste Bank für den BTC Handel: Fidor Bank, Partner von bitcoin.de und Kraken.com   Registrierung: https://banking.fidor.de/registrierung?ibid=43713861
sparky999
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November 17, 2013, 09:14:06 AM
 #332


We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.

Then raise more capital you own millions of shares - sell some, raise capital earn more profit. It's really not that hard to do.
thecoinjournal
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November 17, 2013, 02:56:15 PM
 #333

It's great that BTCquick needs never to worry about the sales of its merchandise, the only problem is how to get more inventory. If that can be solved, the stock's price will be much higher.

ffxtwo
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November 17, 2013, 05:39:38 PM
 #334


We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.

Then raise more capital you own millions of shares - sell some, raise capital earn more profit. It's really not that hard to do.


I don't think he want sell at low price, Last August week, when the price was at 0.00075 (.0022 today Equivalent price), he has not sold nothing at all.   So, at .00005 last, he would wait.
trepex
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November 17, 2013, 06:38:51 PM
 #335


We have a limited amount of capital at hand. When the demand exceeds the available capital we run out.

Then raise more capital you own millions of shares - sell some, raise capital earn more profit. It's really not that hard to do.


I don't think he want sell at low price, Last August week, when the price was at 0.00075 (.0022 today Equivalent price), he has not sold nothing at all.   So, at .00005 last, he would wait.

So maybe the company should try to collect some money from their investors.
I would be willing to borrow them some money when the interest rate, investment plan, payback guaranty is acceptable.

Maybe other investors would do the same.

btcQuick should just come up with an interesting proposal.

trepex

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Beste Bank für den BTC Handel: Fidor Bank, Partner von bitcoin.de und Kraken.com   Registrierung: https://banking.fidor.de/registrierung?ibid=43713861
shadallion
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November 18, 2013, 05:03:18 AM
Last edit: November 18, 2013, 05:19:44 AM by shadallion
 #336

Oh so you have sold hundreds of thousands of shares to investors AND sold hundreds of bitcoins at a 7% mark-up, and you still can't manage to come up with the money to buy more bitcoins?

It's pretty simple: you sell bitcoins to people for (bitcoin price + 7%) and you take that and immediately buy more bitcoins for (bitcoin price + 0% from whatever source necessary) and then you sell THAT for (bitcoin price + 7%).  

That is literally the sole function of btcQuick.  There is nothing else.  

How about you lose the Woe Is Me attitude and start treating your investors with some candid, professional transparency?

And fix those fucking typos on the website (fee's and bitcoin's) - WHY IS THAT SO HARD?!

coinminers
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November 18, 2013, 07:31:15 AM
 #337

Any word on dividends?

http://bit.co.in - Shorten your address and make/receive payments on the go! Decentralized!!

http://www.coinjabber.com - Submit, review, discuss, and promote Bitcoin & virtual currency websites!
PurpleTentacle
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November 18, 2013, 07:34:26 AM
 #338

Oh so you have sold hundreds of thousands of shares to investors AND sold hundreds of bitcoins at a 7% mark-up, and you still can't manage to come up with the money to buy more bitcoins?

It's pretty simple: you sell bitcoins to people for (bitcoin price + 7%) and you take that and immediately buy more bitcoins for (bitcoin price + 0% from whatever source necessary) and then you sell THAT for (bitcoin price + 7%).  

That is literally the sole function of btcQuick.  There is nothing else.  

How about you lose the Woe Is Me attitude and start treating your investors with some candid, professional transparency?

And fix those fucking typos on the website (fee's and bitcoin's) - WHY IS THAT SO HARD?!



+1000

sparky999
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November 18, 2013, 09:29:36 AM
 #339

Really is starting to seem like Ascension is out of his depth, doesn't want to sell a small part of the company cheaply to gain some capital so instead is just going to slowly run the whole thing into the ground.
lg15x
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November 18, 2013, 09:39:00 AM
 #340

This is the time btcQuick will replace google checkout and the price of Bitcoin is raising so fast. This is the hardest time for btcQuick, a small company.

I suggest all shareholders give them sometime to handle all problems. I think we can see improvement in next month.

And btcQuick need to give enough information to shareholders in the future.
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