ninjaboon
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September 29, 2013, 10:43:45 PM |
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SecondMarket BIT + NeoBee projects are enough to push the price x10 soon IMHO...
I predict more like Q2 2014? Won't be so soon. Unless something big like the previous Cyprus bailouts happen.
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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klee
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Activity: 1498
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September 29, 2013, 10:50:55 PM |
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SecondMarket BIT + NeoBee projects are enough to push the price x10 soon IMHO...
I predict more like Q2 2014? Won't be so soon. Unless something big like the previous Cyprus bailouts happen. Soon = Q2 2014 I agree!
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bitrich
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September 29, 2013, 10:55:23 PM |
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I haven't seen this interview posted yet, so here it is :http://letstalkbitcoin.com/speculative/#.UjyI1cashLc
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pedrog
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September 30, 2013, 02:00:31 AM |
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I haven't seen this interview posted yet, so here it is :http://letstalkbitcoin.com/speculative/#.UjyI1cashLc
Nice, thanks for sharing.
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Bitventurer
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September 30, 2013, 10:02:16 AM |
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Hi , you promised to show us a video from Amsterdam, with you in participating in it , when will you post it ?
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SP8DE - The Game of Chance. Changed.
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San1ty
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September 30, 2013, 10:19:01 AM |
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Any news on the TaT transfer to Havelock?
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Found my posts helpful? Consider buying me a beer :-)!: BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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ThickAsThieves
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September 30, 2013, 12:23:14 PM |
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Migrations for BTCT shareholders are still in the works. Your shares are safe and all accounts are backed up and stored independently.
Part of the delay is due to Danny, myself, and his team having already scheduled travel and meetings for Neo in conflict with BTCT's closing. I am in Cyprus now. Meeting all of the partners and seeing the offices has been an impressive and surreal experience so far.
I have the video of Danny speaking at the conference, which I'll post when I have some downtime. Meeting with the software team now...
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Bitventurer
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September 30, 2013, 12:35:51 PM |
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SP8DE - The Game of Chance. Changed.
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San1ty
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September 30, 2013, 04:02:23 PM |
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Migrations for BTCT shareholders are still in the works. Your shares are safe and all accounts are backed up and stored independently.
Part of the delay is due to Danny, myself, and his team having already scheduled travel and meetings for Neo in conflict with BTCT's closing. I am in Cyprus now. Meeting all of the partners and seeing the offices has been an impressive and surreal experience so far.
I have the video of Danny speaking at the conference, which I'll post when I have some downtime. Meeting with the software team now...
Good news as always! Be sure to share that video!
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Found my posts helpful? Consider buying me a beer :-)!: BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
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bitrich
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September 30, 2013, 05:44:11 PM |
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So if I understand this right, this is their plan.
Accept euro deposits for euro-based account, the euro will be used to purchase btc, this btc will back the person's euro account. They will maintain the same amount of euros but btc will be added or subtracted depending on market value to keep the euro amount the same. These people will have an account in euros but have the benefit of using the bitcoin network for transfers and such. So far so good this will bring a huge benefit to the customer in that their accounts can not be seized or otherwise appropriated by any government, (big deal with cypriots right now I think this alone will attract attention) They should also see benefits in faster transaction times, low fees and such.
Offer a wallet service for btc holders. Generate revenue from fees for related services. Customers will have the benefit of using their btc with the bee payment service at associated retailers. Buy and sell btc to customers as well with this service. Revenue generated there as well.
In the event of a dip in btc prices, euro pegged account will be balanced with btc generated from three sources, revenue generated, btc gained during IPO, and btc gained from pegged accounts while btc market rate is rising.
Now if bitcoin seriously crashes and doesn't recover long term, this business will fail eventually. But how could anyone blame NEO BEE for that? If bitcoin fails no btc business will survive. If you are buying btc or btc securities you are already betting btc will succeed. If I understand their business model correctly they have safeguards against normal volitality. So basically the question is do you think btc will succeed? And if btc continues the uptrend this business will be very profitable as long as it is managed properly.
Overall I think this will be huge. Cypriots are begging for another option. They don't trust the major banks there and with good reason. The next round of bankster deposit grabs is coming soon and Cypriots are looking for anyway they can to get there money out of mainstream bank and back in their control. That's why bitcoin is already so big there. I think this really will bring plenty of customers with the wallet service and euro-pegged accounts. I will be watching things develop closely but I think NEO BEE has a great opportunity here and if they manage it correctly it will be massive.
If I'm not understanding your business model please correct me. I look forward to updates on progress Thanks!
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N_S
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September 30, 2013, 06:05:15 PM |
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In the event of a dip in btc prices, euro pegged account will be balanced with btc generated from three sources, revenue generated, btc gained during IPO, and btc gained from pegged accounts while btc market rate is rising.
There will be additional revenue streams in the future, but yeah, I think you have a good understanding.
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cryptocyprus (OP)
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September 30, 2013, 06:19:58 PM |
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In the event of a dip in btc prices, euro pegged account will be balanced with btc generated from three sources, revenue generated, btc gained during IPO, and btc gained from pegged accounts while btc market rate is rising.
There will be additional revenue streams in the future, but yeah, I think you have a good understanding. We will also be actively trading our own reserves across multiple platforms.
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Stelios
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September 30, 2013, 07:25:33 PM |
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Fabrizio89
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October 01, 2013, 06:11:14 AM |
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Can't wait to see this.
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kingcrimson
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Activity: 1025
Merit: 1000
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October 01, 2013, 08:05:29 AM |
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In the event of a dip in btc prices, euro pegged account will be balanced with btc generated from three sources, revenue generated, btc gained during IPO, and btc gained from pegged accounts while btc market rate is rising.
There will be additional revenue streams in the future, but yeah, I think you have a good understanding. We will also be actively trading our own reserves across multiple platforms. Does that include other bitcoin securities? Lots of losers in this niche right now.
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cryptocyprus (OP)
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October 01, 2013, 08:43:01 AM |
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In the event of a dip in btc prices, euro pegged account will be balanced with btc generated from three sources, revenue generated, btc gained during IPO, and btc gained from pegged accounts while btc market rate is rising.
There will be additional revenue streams in the future, but yeah, I think you have a good understanding. We will also be actively trading our own reserves across multiple platforms. Does that include other bitcoin securities? Lots of losers in this niche right now. The answer is almost certainly No, not until there is a registered platform, where certain standards have to be met, that are set by a regulatory board. We have tried to raise the standards ourselves, however only time will tell if others follow suit. Just had some HUGE news for Bee, need to get everything confirmed in writing, then we shall be making some headlines.
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Stelios
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October 01, 2013, 08:58:26 AM |
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klee
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October 01, 2013, 09:03:29 AM |
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