Sorry for the lack of posts today, it has been a hectic one with the recording of Let's Talk Bitcoin at the end of a busy day that has yielded great results, we have brought forward the task in promoting Bitcoin to the existing trading platforms that operate here in Cyprus, following a meeting with one of the largest platforms, the partners seemed very interested, this will bring great benefits to Bitcoin users who can access this platform. It will also provide us with more viable options to ease concerns surrounding a lack of platforms with enough liquidity to handle our demands.
As promised, a picture of the building that is the home of our offices and the flagship branch, to demonstrate just how "different" it is within the surrounding area (I only had time to take the picture whilst waiting for the traffic lights)
Another update on the progress of our offices, we take delivery of them on Monday.
This spreadsheet provides details that will enable you to input different parameters (The Blue Cells) to see the effects they will have on our reserves, we have omitted any parts in relation to options trading, so trades on the spreadsheet are very simple public and dark pool markets, even with a crude strategy with the figures that are a direct replica of the seven days when the price of Bitcoin took its fall following the April bubble we would be damaged, but still very much in business. The key figure to watch is "the next day BTC requirement" as this will indicate the amount of Bitcoin that will either be added to our reserves when balancing the customers wallet for the next day, or how many BTC we need to use from our reserves to top up the customers wallets.
www.lmb-holdings.com/opening_week_crash.odsEDIT - The spreadsheet has been converted to USD intentionally.
