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canuckgal
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July 11, 2013, 11:00:03 PM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
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The block chain is the main innovation of Bitcoin. It is the
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forensick
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July 11, 2013, 11:07:38 PM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future |
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bobboooiie
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July 11, 2013, 11:14:23 PM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future Its doesnt need to be failure in any way, I think they just got blown away with their estimates because of the last days buys of BTC. Iam pretty sure stock of BTC was higher. |
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forensick
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July 11, 2013, 11:16:38 PM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future Its doesnt need to be failure in any way, I think they just got blown away with their estimates because of the last days buys of BTC. Iam pretty sure stock of BTC was higher. surely it could happen that way, but personally i would take it like my failure if it would happen in my company  |
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Ascension
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July 12, 2013, 02:49:03 AM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future Its doesnt need to be failure in any way, I think they just got blown away with their estimates because of the last days buys of BTC. Iam pretty sure stock of BTC was higher. surely it could happen that way, but personally i would take it like my failure if it would happen in my company We ran out of stock because we did double out daily average... All I can say is that people seem to love us and they are sharing us with all their friends which is a good thing. |
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forensick
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July 12, 2013, 05:42:36 AM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future Its doesnt need to be failure in any way, I think they just got blown away with their estimates because of the last days buys of BTC. Iam pretty sure stock of BTC was higher. surely it could happen that way, but personally i would take it like my failure if it would happen in my company We ran out of stock because we did double out daily average... All I can say is that people seem to love us and they are sharing us with all their friends which is a good thing. Congrats! |
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canuckgal
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July 12, 2013, 06:17:55 AM |
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Ive been keeping an eye on these guys for a bit, and before buying stocks, I was curious how this system works with the end user .
I just bought a membership, after paying the $1.99 and sending a copy of my ID, I was verified.
Unfortunately, they appear to be out of stock of Bitcoins right now. To me, a business that is constantly out of stock, will never turn a profit. These guys definitely have a great business model, but they have some kinks to work out. So it really depends if you have faith in the people running it.
i would look more positive to it like a shareholder. Company, which is out of stock is better than company with full stock with negative cashflow... it means growth to me. but surely, it is management failure in some way, so we need to see an improvement in near future Its doesnt need to be failure in any way, I think they just got blown away with their estimates because of the last days buys of BTC. Iam pretty sure stock of BTC was higher. surely it could happen that way, but personally i would take it like my failure if it would happen in my company We ran out of stock because we did double out daily average... All I can say is that people seem to love us and they are sharing us with all their friends which is a good thing. That is excellent news, good job! Once the site was restocked, it was a quick and painless to receive the Bitcoins. I'll stick around for a bit. I could see this getting big and picking up momentum. There's a lot of verification to protect from charge backs, and google two step authorization protects google too. I think it may be time to diversify! |
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statdude
Legendary
 Offline
Activity: 1498
Merit: 1000
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July 12, 2013, 03:53:43 PM |
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Nice thread! Did you derive those profit #'s from their dividends? I do a lot of analysis on bitcoin stocks. All I can say is this is probably one of the best ones out there. If they keep up the dividends, you're looking at a 25-30% yield. I plugged in all the data I could find, and came up with the following growth projections. I don't see why the final phase IPO won't do equally as well.. so, I have to value it somewhere around .0002....  |
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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July 14, 2013, 05:04:44 AM |
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Wow, since posting, stock has doubled.
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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July 14, 2013, 08:10:38 PM |
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That's what were talking about
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drdanishkhan
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July 14, 2013, 08:47:15 PM |
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Why does the graph look eerily like a bubble..  |
BTC tip jar 1LrwjfQ41DA9u8PLcQBLp7CueoWotdKshq
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statdude
Legendary
Offline
Activity: 1498
Merit: 1000
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July 14, 2013, 09:43:59 PM |
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Yeah... sales are tripling this month to $300k... $500k is my guess by September...
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HeRetiK
Legendary
 Online
Activity: 2912
Merit: 2080
Cashback 15%
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July 15, 2013, 08:33:27 AM |
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Why does the graph look eerily like a bubble.. Because sales tripled and everyone wants a piece of the cake, assuming btcQuick can keep this growth up. |
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zxyzxy
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July 15, 2013, 08:34:08 AM |
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dont think so.. you can expect good sales when there is another price drop.. people were giddy to buy because the price was dropping and this was a quick way to obtain some coins.
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JoseRolles
Newbie
Offline
Activity: 23
Merit: 0
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July 15, 2013, 10:58:30 AM |
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Talk about good ROI, see https://bitfunder.com/asset/TAT.VIRTUALMINEeven with difficulty increasing, it pays DAILY! At current price, the dividend is over 0.5% daily (0.00001922 dividend per share and share is around BTC0.003650 now) |
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JoseRolles
Newbie
Offline
Activity: 23
Merit: 0
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July 15, 2013, 11:05:07 AM |
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Also, their competitor can now do instant purchases. Check out www.coinbase.com which after verification and waiting a month, you can purchase up to 50 BTC instantly!!! (Not with CC, but with bank EFT). INSTANT and LOW fee. I have a membership with BTCQuick, but the limit on that was $250 USD a day. Also the fee was high. coinbase was TRULY instant since I am a Level 2 user having my ID verified and have purchased from them before. Only wish coinbase was on bitfunder. Full disclosure, I have made money off of BTCQuick on bitfunder too. |
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HeRetiK
Legendary
Online
Activity: 2912
Merit: 2080
Cashback 15%
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July 15, 2013, 11:33:34 AM |
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Talk about good ROI, see https://bitfunder.com/asset/TAT.VIRTUALMINEeven with difficulty increasing, it pays DAILY! At current price, the dividend is over 0.5% daily (0.00001922 dividend per share and share is around BTC0.003650 now) That's the second fresh account I see promoting Tat.Virtualmine today, not conspicuous at all...  dont think so.. you can expect good sales when there is another price drop.. people were giddy to buy because the price was dropping and this was a quick way to obtain some coins.
i think btcQuick is still too young to make proper assumptions about the correlation of BTC/USD and btcQuick sales. the BTC price moved about 30% up and down the last 2 weeks while btcQuick's revenue more than tripled. according to your logic the rise and crash of April would have been much more noticable in btcQuick's dividend history. the last dividend might very well be just a wild shot, but maybe btcQuick is gaining traction. only the next few dividends will tell. |
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somestranger
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July 15, 2013, 11:37:40 AM |
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Zyxyzxy is ignoring the very pertinent fact that btcQuick has been increasing their advertising expenditures which drives new business in addition to the network effect. I think it is very possible that the recent surge is due to the price dropping, but I think there is considerable underlying growth as well which will continue for the foreseeable future.
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