mainline
Newbie
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Activity: 56
Merit: 0
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January 29, 2014, 01:12:18 PM |
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The underwriting part was interesting, guess it means expanding into security exchange business, which they've already hinted here a few times. They might become the first fully legit Bitcoin stock exchange. If you recall during the Max Keiser show, the CFO of University of Cyprus talked about creating a Bitcoin security exchange in Cyprus, one that would be fully compliant. Cyprus as the Bitcoin financial center of the world or of Europe at least. Could be big.
... "We also made it known that we are actively working towards acquiring an active stake in a traditional licensed bank to reduce counter party [sic] risk." -Danny, reddit.
"...And, in order not to be victimized by meat packers, he bought controlling interest in an Indianapolis slaughterhouse. In order not to be victimized by steel suppliers, he bought controlling interest in a steel company in Pittsburgh. In order not to be victimized by coal suppliers, he bought controlling interest in several mines. In order not to be victimized by money lenders, he founded a bank.
And his paranoid reluctance to be a victim caused him to deal more and more in valuable papers, in stocks and bonds, and less and less in swords and pork. Small experiments with worthless papers convinced him that such papers could be sold effortlessly." -Eliot Rosewater
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deizel
Member
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Activity: 114
Merit: 10
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January 29, 2014, 07:21:37 PM
Last edit: January 29, 2014, 10:05:05 PM by deizel |
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NeoEasyCoin
Newbie
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Activity: 27
Merit: 0
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January 31, 2014, 08:18:00 AM |
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We are seeking further clarification on our specific business model, but it certainly looks positive  |
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lolstate
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January 31, 2014, 11:09:59 AM |
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OP delivered!  Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI?  |
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NanoAkron
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January 31, 2014, 12:06:12 PM |
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OP delivered! Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI? Excellent. Can we please have an interview with the first customer through the door? Maybe even a couple BTC reward for them? |
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cryptocyprus (OP)
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January 31, 2014, 12:49:29 PM |
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OP delivered! Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI? Excellent. Can we please have an interview with the first customer through the door? Maybe even a couple BTC reward for them? We are expecting a large amount of media attention as the first customer passes through the doors of the branch. If anyone camps outside then I am sure we can help sort them a little reward  |
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NanoAkron
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January 31, 2014, 02:14:46 PM |
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OP delivered! Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI? Excellent. Can we please have an interview with the first customer through the door? Maybe even a couple BTC reward for them? We are expecting a large amount of media attention as the first customer passes through the doors of the branch. If anyone camps outside then I am sure we can help sort them a little reward I'm looking forward to reading more. All the best! |
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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January 31, 2014, 03:09:02 PM |
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OP delivered! Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI? Yes, its all been obviously photoshopped. The lengths these scammers go to |
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NanoAkron
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January 31, 2014, 04:38:53 PM |
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OP delivered! Very nice photos. Congratulations to Danny and team. Do we think we'll have claims this is all CGI? Yes, its all been obviously photoshopped. The lengths these scammers go to You can tell by the pixels and stuff... |
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runam0k
Legendary
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Activity: 1092
Merit: 1001
Touchdown
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January 31, 2014, 04:58:22 PM |
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A few printed materials and stickers and a quick look around some vacant office space would net you photos like these. Just saying it before the FUDsters say it.  Good work Danny and team. |
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EduardoDeCastro
Newbie
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Activity: 42
Merit: 0
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January 31, 2014, 05:10:12 PM |
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...Just saying it before the FUDsters say it. ... A an unchartered bank run by a d00d from Cyprus, funded by selling unregistered shares on an unlicenced Canadian exchange that's just been "sold" to a Panamanian shelf co? What could possibly go wrong? Teh FUDsters ain't got nothin'. |
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NanoAkron
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January 31, 2014, 05:18:22 PM |
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...Just saying it before the FUDsters say it. ... A an unchartered bank run by a d00d from Cyprus, funded by selling unregistered shares on an unlicenced Canadian exchange that's just been "sold" to a Panamanian shelf co? What could possibly go wrong? Teh FUDsters ain't got nothin'. Unlike those awesome chartered banks which never go up in a puff of smoke with everyone's money... |
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mainline
Newbie
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Activity: 56
Merit: 0
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January 31, 2014, 05:27:09 PM |
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...Just saying it before the FUDsters say it. ... A an unchartered bank run by a d00d from Cyprus, funded by selling unregistered shares on an unlicenced Canadian exchange that's just been "sold" to a Panamanian shelf co? What could possibly go wrong? Teh FUDsters ain't got nothin'. Unlike those awesome chartered banks which never go up in a puff of smoke with everyone's money... I live in the states. FDIC. Trust my bank just a smidgen more than some d00d from Cyprus - the home of secure banking But you go right ahead and invest. *Danny's also buying into a plain old fiat bank, so if you're worried about real banks going tits up, you've bet on the wrong horse |
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minerpart
Sr. Member
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Activity: 280
Merit: 250
IIIIII====II====IIIIII
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January 31, 2014, 05:35:10 PM |
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Why do everyday people like you and me use banks? The main reason I use a bank is that my wages go into one and I can then conveniently draw down on my savings for everyday expenses. It saves me the risk keeping lots of cash at home. So if NB can replicate that service that's a fine idea. If we expect BTC to go mainstream we should expect wages to be paid in BTC and the BTC-wage-paid will want to link their wages to a bank account not just for the convenience of the chip and pin at the counter tech but also because it's through banks that we get loans, mortgages and finance. I don't know a lot about NB but if they are offering the full plethora of banking services then they are supplying a demand, a huge demand. BTC doesn't change the needs of people in their lives, we all need loans, mortgages, finance to buy a car etc. And overdrafts and 'high interest' savings accounts and direct debit options from our main bank account. BTC is a disruptive tech for central banks and money transfer scammers but the practicalities of peoples everyday use of their savings will not change.
Then there is the generational issue. Many people over 60 would have a lot of trouble running their own BTC savings or general expenditure portfolio with no guidance. A lot of pensioners and older people have regular income and savings. They would use a traditional banking setup so again NB has the opportunity to fill that market - should BTC go mainstream. And ofcourse BTC is more likely to go mainstream if there is a high profile, high street BTC bank - this is a positive loop feedback effect and it looks like it's just about to take off. Sorry for the mixed metaphors, best I could do.
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jbest8283
Newbie
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Activity: 38
Merit: 0
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January 31, 2014, 09:46:59 PM |
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...Just saying it before the FUDsters say it. ... A an unchartered bank run by a d00d from Cyprus, funded by selling unregistered shares on an unlicenced Canadian exchange that's just been "sold" to a Panamanian shelf co? What could possibly go wrong? Teh FUDsters ain't got nothin'. Unlike those awesome chartered banks which never go up in a puff of smoke with everyone's money... I live in the states. FDIC. Trust my bank just a smidgen more than some d00d from Cyprus - the home of secure banking But you go right ahead and invest. *Danny's also buying into a plain old fiat bank, so if you're worried about real banks going tits up, you've bet on the wrong horse Danny is from Cyprus? |
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NanoAkron
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February 01, 2014, 12:39:53 AM |
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Danny is from Cyprus?
Don't worry - I already have Mainline on ignore from his raving bullshit in another thread. Also, it just underlines the lack of intelligence on his part - 'why did banks in Cyprus collapse in the first place' should be his main question. |
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