[IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings

[Herp]

This went WAY off-topic.

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[bitcoin.newsfeed]

This went WAY off-topic.

off-topic? You really want to hear very "pain in the ass" question which connects this whole discussion about unregulated securities traded on unregulated markets ... with NEOBEE? I don't want to be that guy ... so I stay quiet this time

[Herp]

This went WAY off-topic.

off-topic? You really want to hear very "pain in the ass" question which connects this whole discussion about unregulated securities traded on unregulated markets ... with NEOBEE? I don't want to be that guy ... so I stay quiet this time

What are you doing on a Bitcoin forum dude? Most things here are "unregulated". Why don't you go regulate yourself back to the nanny socialist state, which is nothing but "regulated" legalized theft by a bunch of kleptocratic parasites.

Why not preach some agorism for a change instead of statist BS? https://en.wikipedia.org/wiki/Agorism

[jimmothy]

This went WAY off-topic.

off-topic? You really want to hear very "pain in the ass" question which connects this whole discussion about unregulated securities traded on unregulated markets ... with NEOBEE? I don't want to be that guy ... so I stay quiet this time

What are you doing on a Bitcoin forum dude? Most things here are "unregulated". Why don't you go regulate yourself back to the nanny socialist state, which is nothing but "regulated" legalized theft by a bunch of kleptocratic parasites.

Why not preach some agorism for a change instead of statist BS? https://en.wikipedia.org/wiki/Agorism

I don't think you understand.

Whether or not you or anyone else wants the SEC interference doesn't matter because it is happening. No longer is bitcoin considered play money and it has now become too large to slip under the radar.

Scammers are realizing that the bitcoin securities market is a goldmine for idiots to scam and the SEC knows this and are finally doing something.

Hiding behind bitcoin as your currency of choice doesn't make all existing security laws void.

[Herp]

This went WAY off-topic.

off-topic? You really want to hear very "pain in the ass" question which connects this whole discussion about unregulated securities traded on unregulated markets ... with NEOBEE? I don't want to be that guy ... so I stay quiet this time

What are you doing on a Bitcoin forum dude? Most things here are "unregulated". Why don't you go regulate yourself back to the nanny socialist state, which is nothing but "regulated" legalized theft by a bunch of kleptocratic parasites.

Why not preach some agorism for a change instead of statist BS? https://en.wikipedia.org/wiki/Agorism

I don't think you understand.

Whether or not you or anyone else wants the SEC interference doesn't matter because it is happening. No longer is bitcoin considered play money and it has now become too large to slip under the radar.

Scammers are realizing that the bitcoin securities market is a goldmine for idiots to scam and the SEC knows this and are finally doing something.

Hiding behind bitcoin as your currency of choice doesn't make all existing security laws void.

It's about the attitude not about what's happening. Of course thieves will want a share of the pie and thus look to regulate/steal/monopolize. They don't like theft derived profits going down.

"regulation" never stopped scamming, it just pushed it to a more a exclusive club. Enron anyone? Regulation by very definition is scamming if done by government because it involves hiring people with stolen tax funds based on a "social contract" no one signed.

[jimmothy]

This went WAY off-topic.

off-topic? You really want to hear very "pain in the ass" question which connects this whole discussion about unregulated securities traded on unregulated markets ... with NEOBEE? I don't want to be that guy ... so I stay quiet this time

What are you doing on a Bitcoin forum dude? Most things here are "unregulated". Why don't you go regulate yourself back to the nanny socialist state, which is nothing but "regulated" legalized theft by a bunch of kleptocratic parasites.

Why not preach some agorism for a change instead of statist BS? https://en.wikipedia.org/wiki/Agorism

I don't think you understand.

Whether or not you or anyone else wants the SEC interference doesn't matter because it is happening. No longer is bitcoin considered play money and it has now become too large to slip under the radar.

Scammers are realizing that the bitcoin securities market is a goldmine for idiots to scam and the SEC knows this and are finally doing something.

Hiding behind bitcoin as your currency of choice doesn't make all existing security laws void.

It's about the attitude not about what's happening. Of course thieves will want a share of the pie and thus look to regulate/steal/monopolize. They don't like theft derived profits going down.

"regulation" never stopped scamming, it just pushed it to a more a exclusive club. Enron anyone? Regulation by very definition is scamming if done by government because it involves hiring people with stolen tax funds based on a "social contract" no one signed.

I agree that regulation can often be more destructive than good but we can't pretend it doesn't exist. We need to work with the regulators if we want bitcoin/bitcoin denominated securities to go anywhere. (Or use decentralized trading with something like colored coins)

I don't know how regulations will affect neo but based on the amount of speaking with cypriot officials I would assume they will do everything they can to comply with any laws surrounding them.

[bitcoin.newsfeed]

the fact is that NEO is not accepting fiat deposits right now, right? They said, that's because they don't want to expose their customers to the market volatility caused by Gox. But its 2 weeks from goxxing now and rate is stable. Maybe its bullshit and they just can't take fiat, because they need proper license to handle customers fiat and they don't have it? Could this be right? They're so quiet about this.

[minerpart]

Mind disclosing what's your job is or would be too much info? I don't care about other details. Just tell me what you do for a living.

He runs MPEx.

https://bitcointalk.org/index.php?topic=186041.0

[lluboski]

the fact is that NEO is not accepting fiat deposits right now, right? They said, that's because they don't want to expose their customers to the market volatility caused by Gox. But its 2 weeks from goxxing now and rate is stable. Maybe its bullshit and they just can't take fiat, because they need proper license to handle customers fiat and they don't have it? Could this be right? They're so quiet about this.

That's my suspicion  as  well.

[bobo418]

Judging by recent tweets I'd say they're getting a fairly good thumping from the Cyprus old boys club. There's probably just about nothing they can say while negotiating.

[vesper39]

Someone got a bit antsy and dumped all their shares. Havelock down to IPO price now. 

[theMiracle]

I'm not worried.  This can't be any worse than the Ukyo kerfuffle, and Danny resolved that in his spare time.

[vesper39]

Could someone recap exactly what happened with Ukyo and Bitfunder? I was around when BTCT closed, but didnt pay attention what happened to bitfunder. You can PM me if you would like to stay on topic to this thread.

[jimmothy]

Could someone recap exactly what happened with Ukyo and Bitfunder? I was around when BTCT closed, but didnt pay attention what happened to bitfunder. You can PM me if you would like to stay on topic to this thread.

Mysterious closure with multiple suspicious excuses given.

6% of users balances were available for withdraws

Many think it has to do with the SEC but not confirmed similar to btct.co

Danny of neobee(not affiliate with bitfunder other than using it to list his stock) decides to step in and reassure everyone that the funds were not stolen by ukyo. Not sure the motives behind this move but I think he thought it would be resolved quickly and inspire trust in neobee. But that wasn't the case as it has been about 5 months now with no progress.

[thekekk]

more greek sites on Neo

http://cyprus-mail.com/2014/03/20/bank-troubles-boost-bitcoin-utility-say-marketers/
http://incyprus.philenews.com/en-gb/Top-Stories-News/4342/40651/regulation-call
Don't shoot neo in greek: http://www.sigmalive.com/simerini/business/110606

[bitcoin.newsfeed]

To bad for NEO that regulators on that tiny island are like from medieval ... it must be really hard for NEO to push something. So much potential, tax revenue, new jobs in their fucked-up economy, but in the same time with their(regulators) attitude this enterprise can go down the toilet pretty fast. Also this was not very smart move to open business and after that ask regulators for framework. It should be the other way around, because every day costs investors money.

So much expenses every day for marketing campaign, salaries, rent ... i wonder how many deposits must NEO take to cover at least Danny's salary.

[stereotype]

Could someone recap exactly what happened with Ukyo and Bitfunder? I was around when BTCT closed, but didnt pay attention what happened to bitfunder. You can PM me if you would like to stay on topic to this thread.

Mysterious closure with multiple suspicious excuses given.

6% of users balances were available for withdraws

Many think it has to do with the SEC but not confirmed similar to btct.co

Danny of neobee(not affiliate with bitfunder other than using it to list his stock) decides to step in and reassure everyone that the funds were not stolen by ukyo. Not sure the motives behind this move but I think he thought it would be resolved quickly and inspire trust in neobee. But that wasn't the case as it has been about 5 months now with no progress.

As i understand it, Danny also has personal funds to recover just like the rest of us. Whats not like the rest of us, is the contact and latest info, Danny may have.

[NanoAkron]

As i understand it, Danny also has personal funds to recover just like the rest of us. Whats not like the rest of us, is the contact and latest info, Danny may have.

Yes, apparently Danny stuck in 6 million of his own funds.

So unless he's
(a) lying
(b) so rich that 6 million means nothing to him
(c) an idiot

He wants this business to succeed as much as we all do.

I do think it's an interesting way to go about things though - drum up support first and then seek regulatory change.

[NotLambchop]

Conventional banking is as dead as a dodo.
NeoBee has conclusively shown that an IPVO, a gallon of chromium yellow paint, and a handful of words -- that's what it takes  for a modern Cypriot bank to succeed.

Money and accounts -- long thought integral to banking -- have been mathematically proven irrelevant.
What a totally amazing excellent discovery!
Party on, Neo!
Party on, Bee!

[Juzzers]

Conventional banking is as dead as a dodo.

Reeeeeeally?

May I ask what is the name of your planet?

Here on a planet called "Earth" there are lots and lots of banks which do a fair bit of business. I don't think any sane person thinks they are all going to magically disappear overnight.