Bitcoin Crowdfunding

[bitbillion]

Hello

I started a Project on Coinfunding.org and I hope I find lots of people that support me.

My Project is simple and is called Bitcoin ATM 4 Vienna.

I have gotten so far lots of positiv feedback from the Community regarding this Project.

You can check it out here
https://www.coinfunder.com/project/view/id/149
I want to purchase a Bitcoin ATM and use it in Vienna Austria because we really do need 1 ASAP.

For every 100 Euro you Donate to my project you will receive 5 Payments of 30 Euro per month starting August 1st till December 1st.

Please feel free to Contact me with any Questions you might have

thank you very much

[btc advocate]

why don't you post your project on Havelock to raise fund? are you aware of that site for crowd funding? check it out….it should help you

[InCoinsITrust]

Are you sure you will actually pay someone back money?

[MoneyGod]

I don't think any one going to take this risk because no escrow and just on positive feed back very difficult

[savithau68]

scam?

[GAML]

scam?

Why is crowd-funding a scam?

[Sonny]

scam?

Why is crowd-funding a scam?

I guess he is saying OP's project is a scam....

[GAML]

Hello

I started a Project on Coinfunding.org and I hope I find lots of people that support me.

My Project is simple and is called Bitcoin ATM 4 Vienna.

I have gotten so far lots of positiv feedback from the Community regarding this Project.

You can check it out here
https://www.coinfunder.com/project/view/id/149
I want to purchase a Bitcoin ATM and use it in Vienna Austria because we really do need 1 ASAP.

For every 100 Euro you Donate to my project you will receive 5 Payments of 30 Euro per month starting August 1st till December 1st.

Please feel free to Contact me with any Questions you might have

thank you very much

Good luck and also try funding circle, and http://www.forbes.com/sites/chancebarnett/2013/05/08/top-10-crowdfunding-sites-for-fundraising/

[GAML]

scam?

Why is crowd-funding a scam?

I guess he is saying OP's project is a scam....

Ah yes I see what you meant now  Sorry.  I looked into crowd funding and also learn about it at university.  They have rules one of which is you are not allowed to make offers of paying back the backers.  If he used funding circle he would have to pay back because that is a loan backed by the public and not a bank so a far more cost effective way to not only borrow the money but also get people to invest because they like the idea rather than a bank manager who just going to look at the numbers and apply risk management to come to a decision.  It is pretty safe against scams.

[btc advocate]

scam?

…. because they like the idea rather than a bank manager who just going to look at the numbers and apply risk management to come to a decision.  It is pretty safe against scams.

totally agree…thats why there are so many projects related to music, arts…etc on kickstarter

[MoneyGod]

now many members understand these scams but some still want to scammed so just because of this we have somethings like these here

[MegaHustlr]

I don't think any one going to take this risk because no escrow and just on positive feed back very difficult

How does one use escrow with crowdfunding?

[bitbillion]

I assure you this is no scam or attempt to scam anyone

im still working on my project especially trying to figure out legal issues and Im also looking into different atms so it might take me a minute before I can finish

i will let you know once my atm is up and running

[Sonny]

I assure you this is no scam or attempt to scam anyone

im still working on my project especially trying to figure out legal issues and Im also looking into different atms so it might take me a minute before I can finish

i will let you know once my atm is up and running

Good luck with your project then

[howzar]

Cool idea, all the best on the funding.

[chocomav]

Do you have a website with a little more background info about the project and yourself? That would really help.

[T-rage_11]

where are you (OP) from?

why don't you use this low cost ATM?

https://www.indiegogo.com/projects/paybitcoin-the-first-low-cost-free-bitcoin-atm#home

I would be interested in investing 100€ to 300€ if there is some sort of escrow or other safety that I get my money back.