It is based on trust and a valid registered company at the Dutch chamber of Commerce (and a contract).
I've done trades in BTC for a total near 300k in the past on this forum. Some shows in my trust rating, and hopefully their are also people here on the fprum that can bouch for my previous webshop (usbminers.nl ) that was one of the biggest webshops in Holland for the mining community. Their are forum members here that have ordered for over 50k at my store in the past.
What if the company goes under? The investors would then be out of money and you probably have whatever is left after the company is dissolved or after going bankrupt (since it would cost more than what is given to go to your country, file in such courts, etc). Trust alone, imho, isnt enough in this case.
I cannot tell you exactly how much court costs would be etc. But my guess is that you would probably be right.
But, it would be hard to go bust as company, with VERY low maintenance costs (website, insurance) the chances of going bust are very slim. In a couple of weeks I am able to provide financial numbers from the first weeks of business.
We have had two weekends where we went to sell at a physical place and the first two weekends of doing this our revenue was approx $500, not a whole lot, but these physical markets are just for promoting our website. The website is where the profit should come from.
The website is easy to see btw, my avater is linking to it. Please don't mention the name in this topic as I don't want to get it indexed by google. We are filling the website slowly with content, the first 1500 cards are added and margins on cards are rougly between 30% and 60% each.
I have not updated my investment plan since creating this topic, but if someone is really interested I can create a new one with our actual costs and profits from our first few weeks of running.
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Are you offering any kind of collateral for this "investment" or is it based entirely on trust? If on trust, then why should anyone trust you?
It is based on trust and a valid registered company at the Dutch chamber of Commerce (and a contract).
I've done trades in BTC for a total near 300k in the past on this forum. Some shows in my trust rating, and hopefully their are also people here on the fprum that can bouch for my previous webshop (usbminers.nl ) that was one of the biggest webshops in Holland for the mining community. Their are forum members here that have ordered for over 50k at my store in the past.
Your trust shows that you have only been entrusted with a few hundred to a few thousand dollars worth of others' money at a time, and for short periods. Your trust also shows something closer to around $10k in trades as opposed to $300k, although some of your trades may not have involved the leaving of trust rating at their conclusion.
Could you maybe have some of your trading partners post that they have traded with you, the value of the trade at the time of the trade, and if they trusted you as part of the trade? Another concern is that most of your trades involve Casascius coins, which is Suspect is not the case for your business proposal (I don't know what you are doing, so I might be wrong on this). How much experience do you have in the line of business you are proposing entering into? Even if you are not going to outright steal the money, this does not mean your project will automatically be successful.
I can ask, but cannot guarantee anything, I know of only one of my customers that is also on this forum. It is a pretty well known member with a couple of 1000's of posts, but that might also be a reason why he would rather stay anonymous.
Other customers were direct customers through my former webshop, they are (a.f.a.i.k) not a member on this site.
Something a little easier for me to do is a little screenshot of my paypal
http://imgur.com/a/qLjWS during my webshop period, it shows a good amount of bigger orders, I know it does not prove anything at this time, but the only real proof I can give is in a couple of weeks with a demo account of the admin panel with the sales on my new webshop. That will prove that my concept is viable and a good investment for investors.
PS. I stopped with my previous webshop because the risks were too big for me. The amount of money on single orders was too great. If anything went wrong then I would be in risk of bankruptcy and I have a lot to lose aswell (house with mortgage). And it was a risky business, I lost around 14K to blackarrow with their delays. I was able to handle that due to profits from other sales, but it made me realize that I should have started a little smaller from the start.
