[Auction] 0.1% Share of bitcoinlivebets.com !! ~ 15btcs netprofit per month!

[BitcoinLiveBets.com]

We sell here a 0.1% share of bitcoinlivebets.com.

more information you find here:


http://www.bitcoinlivebets.com/invest

Bidding starts at 0.5BTC

Bid in increments of 0.05BTC

Bidding ends Friday January 7,2013 at 10PM EST.

[BitcoinLiveBets.com]

Bidding ends Friday January 10,2014 at 10PM EST.   

[BitcoinLiveBets.com]

If there are any questions...feel free to ask us.

[EnJoyThis]

If there are any questions...feel free to ask us.

sent you a pm few hours ago asking for some more trackrecord but no reply as of yet.

[UnderGod]

BTC0.5

[TheJuice]

Per the website you pointed us to you are selling 0.1% for 3 BTCs. Thus your valuation is 3000 BTC or ~3,000,000 USD.

Seems a bit steep with lots of similar sites and only 14 BTC profit per month.

Am I missing something?

[BitcoinLiveBets.com]

Well, the profit and conversions have a really great increase and for several reasons we have good chances on the bitcoin bet market soon: We have most in play games, most sports in the pre game section. Just our bitcoin bet sites is multilingual, our system offers 9 human translated languages and we offer support in 4 languages and want to increase that, too. We got good feedback for the page. We have a team with knowledge of experienced bookmakers. We plan to release mobile app, HTML5 live betting, even more in play odds and a faster support which is very important. The titled netprofit is the current profit which we want to rise, of course.

[CrayzHackeR]

0.505

[coco23]

0.55

[marketgarden]

I have a question.
 
For all the extra hassle it will cause having multiple stakeholders looking for payouts when you inevitably have a bad month/run, what do you gain by making less BTC's overall in a one off sale of shares than you expect to make in a normal month?
 
Whats the legal status of shareholders RE:your local gambling legislation?  Do they need to be licensed?

What country is the site based in?  Is it likely to be shut down OR is it set up in a territory that offers no protection to punters?  If the latter then poor service regarding refusal to payout or even late payouts will simply drive everyone to better regulated services.
 
In Europe, you should never use an online bookmaker that isnt from Malta or Gibraltar.  As for the rest of the world, its a bit of a free-for-all, bookies can cut customers off at any point or change/refuse payouts.
 
Sure theres a lot of places where punters dont have a choice, you'll pick them up easily enough but you'll also have the option of shutting down the day one of them deposits 1000BTC into your accounts.
 
The reason I ask the above is theres no info on the site that I can see regarding where yours based.  You can't value an unlicensed bookmakers at anything like the value you have even if you were making 5 times the profit.

[marketgarden]

https://bitcointalk.org/index.php?topic=215014.660
 
Towards the end of this thread makes interesting reading.
 
I'm going to say youre full of it, 2000+ members sounds like BS. 
 
You don't even have a guaranteed income stream from a basic poker site on there, nevermind an online casino.  I've worked for bookmakers online for 10 years and to have neither is suicidal, plenty of books now only offer the sports bets/inplay etc as a means to advertise the more secure income streams.
 
The sites never worth the money he claims it is.

[marketgarden]

The one licensing line I can see on there is on your little 'imprint' tab

Imprint
BTC Fan Pages
Panama


Licensed by: DH Licensing Authority (KC-2010-a5d94c)


Whats that all about lol.  German?  Central America?

[BitcoinLiveBets.com]

@marketgarden

we think we will grow as fast as in the last month.

At the moment we need some btc because of a hack 3 months ago and to develope new features. Thats the reason why we sell shares right now.

[marketgarden]

According to that thread you need BTC to pay people their winnings.

[BitcoinLiveBets.com]

we had a minus about -15btcs because of the hack (it was -60).

Yes thats right. But we make profit as you can see.

You can even write us an message if you are interessted.

[BitcoinLiveBets.com]

sorry for double posting. Its exactly 19.08btcs minus now.

If the site is running we have a plus about 0,5-1btc per day.
And our goal is in the next months to have three to four times more.

[SaltySpitoon]

Sorry for the misunderstanding, accidentally removed the entire thread, rather than the requested post.

[BitcoinLiveBets.com]

0.55

is leading! Normal price is 3btc for 0.1% share.

[frank600]

0.6 BTC

[BitcoinLiveBets.com]

0.6 BTC

you have the highest bid right now!

The auction will end in less than 4 hours!