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Author Topic: Robocoin Bitcoin ATM Ownership Shares - US Purchase and Placement  (Read 4766 times)
flowdab
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November 26, 2013, 05:32:11 AM
 #21

We have two bids at 10 btc each.


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ninjaboon
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November 26, 2013, 05:42:09 AM
 #22

50% cut in the transaction fee? too high. I won't be joining in. good luck.

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November 26, 2013, 05:43:52 AM
 #23

What will be the regulatory challenges in Chicago? Have you spoken to a lawyer yet?

Unknown at this time.  I have spoken with the Illinois department of finance who has referred my licensing and regulatory questions to their legal department secondary to the novelty of bitcoin as a currency.

At the very least, in order to establish the atms the LLC will have to be a MSB under FinCEN and maintain a money transmitter license with the state of IL.

I am a lawyer and will also be engaging outside counsel in order to ensure all regulatory issues are complied with.

You are a lawyer? Great. How can I validate that?
The biggest hurdle to any Bitcoin company in the USA now is the regulatory issues. Good luck.

flowdab
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November 26, 2013, 05:45:51 AM
 #24

50% cut in the transaction fee? too high. I won't be joining in. good luck.

No worries. Thanks. 

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flowdab
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November 26, 2013, 05:49:50 AM
 #25

What will be the regulatory challenges in Chicago? Have you spoken to a lawyer yet?

Unknown at this time.  I have spoken with the Illinois department of finance who has referred my licensing and regulatory questions to their legal department secondary to the novelty of bitcoin as a currency.

At the very least, in order to establish the atms the LLC will have to be a MSB under FinCEN and maintain a money transmitter license with the state of IL.

I am a lawyer and will also be engaging outside counsel in order to ensure all regulatory issues are complied with.

You are a lawyer? Great. How can I validate that?
The biggest hurdle to any Bitcoin company in the USA now is the regulatory issues. Good luck.


I thought you weren't interested Smiley

The winners of the auction will be made privy to my name and can verify my legal standing with the State Bar. 

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coinmuse
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November 26, 2013, 06:55:40 AM
 #26

OK - I'm in for a bid of 10 BTC
flowdab
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November 26, 2013, 07:05:37 AM
 #27

OK - I'm in for a bid of 10 BTC

That makes 3 bids at 10 btc each.

We have in order of bidding:

Chenchunyu88@10
Landstander@10
Coinmuse @ 10

Bidding clarification:  If two bidders have the same bid then the person who bid first will be deemed the winner of that stake. Additionally, bids of a higher value will replace the most recent bidders. I.e. the first person to bid will be the last person to be overtaken by an increasing bid price.

Further, any bid within 5 minutes of the end of the auction will be automatically extend the auction another 5 minutes. 

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flowdab
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November 26, 2013, 04:10:23 PM
 #28

1 hour and 50 minutes left in the Auction.

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flowdab
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November 26, 2013, 05:52:39 PM
 #29

8 minutes left in Auction.

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flowdab
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November 26, 2013, 06:05:59 PM
 #30

Auction is over.

Thanks!

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riskebiz
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May 11, 2014, 05:45:39 AM
 #31

How did your auction go last year?  Did you secure your funding?

Regards,

Kevin
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