Why do investors demand personal info when offering securities is against US LAW

[fourhundredapm]

I'm an investor with plenty to invest.

But nearly every single thing out there is garbage.  So almost nothing touches my money.  Even if it looks mildly legitimate, I probably won't put a dime into it.  For me to want to put money in it I have to be convinced that the risk of scam & getting goxxed is very low while site profitability makes sense on both the investors/owners ends.

So short story is, your question is kind of ridiculous.  Bitcoin is fairly high risk. Investing in a bitcoin company is higher risk.  If you are ok with that, then go ahead and put it in the best place, if you aren't, then don't.  The market will naturally mature in the mean time if its meant to or it will decay.  The larger profitability and risk will be present in the earlier markets.

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

[theMiracle]

...
As far as the scams/inept management goes - it's not just here on bitcointalk (its everywhere)

Well, yes and no.  The sort of scamming and ~95% fail rate was getting to be a thing on IRL exchanges, and that's what brought about regulation.  Now NYSE has a somewhat smaller percentage of outright scams.

[jimmothy]

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

Key word: potentially

Here in the bitcoin world that means you are almost guaranteed to lose your coins.

If you don't own the private keys, you don't own the coins.

[theMiracle]

...
I've always lived in the US.

But... it's "the largest evil"?  To plagiarize Voltaire, "compared to what?"

It's the largest for a number of reasons. 1, because it so happens to be the biggest bully in the playground. Installing dictators, over-throwing democracies..wars for profit..

As for 2, .. well simply it's because I pay taxes into this system, and so I feel like I am sort of an accomplice. I can't talk about other nations, because I am from the US.

Wars have always been fought for profit, even the Crusades.  Also, what democracy has US overthrown lately?

As far as being an accomplice, sure.  There was a guy once who ranted about sharing and loving your neighbor, but he got nailed to a big cross, so that sort-a fizzled.  Great idea, capable d00d, didn't work out.  Might of helped if they knew his personal info, but that's a whole different debate

Anyhow, taxes are unpleasant, but that's what mankind came up with instead to help us plod along.  It ain't that bad, OP, you'll get used to it.

[fourhundredapm]

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

Key word: potentially

Here in the bitcoin world that means you are almost guaranteed to lose your coins.

If you don't own the private keys, you don't own the coins.

True, if you're a fish sitting down at a poker table in a casino.. If you're there for profit, odds are greatly agains't you. Inexperience doesn't pay well, atleast short term

[fluffypony]

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

*IF* you can find a Bitcoin business (going back to my blog post from today) that will increase your Bitcoins, then it's an awesome deal.

The reality is that for a "Bitcoin business" to truly be a "Bitcoin business" they need to have very few fiat overheads. 99.9% of the businesses that think they're "Bitcoin businesses" really aren't. The investors would do better off (from a fiat perspective) just holding their coins, and they wouldn't run the risk of losing them through goxxing/ineptitude/etc.

[fourhundredapm]

...
I've always lived in the US.

But... it's "the largest evil"?  To plagiarize Voltaire, "compared to what?"

It's the largest for a number of reasons. 1, because it so happens to be the biggest bully in the playground. Installing dictators, over-throwing democracies..wars for profit..

As for 2, .. well simply it's because I pay taxes into this system, and so I feel like I am sort of an accomplice. I can't talk about other nations, because I am from the US.

Wars have always been fought for profit, even the Crusades.  Also, what democracy has US overthrown lately?

As far as being an accomplice, sure.  There was a guy once who ranted about sharing and loving your neighbor, but he got nailed to a big cross, so that sort-a fizzled.  Great idea, capable d00d, didn't work out.  Might of helped if they knew his personal info, but that's a whole different debate

Anyhow, taxes are unpleasant, but that's what mankind came up with instead to help us plod along.  It ain't that bad, OP, you'll get used to it.

https://wikispooks.com/wiki/US_Efforts_to_Suppress_Democracy_since_1945

As for the d00d nailed to the cross: wasn't that his plan?

It's not the paying of the taxes that makes me want to leave.. hell if that was the case I would follow the footsteps of the 1% and use the numerous tax havens and stay in the US. It's the "contributing to a system that I am agains't"

[fourhundredapm]

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

*IF* you can find a Bitcoin business (going back to my blog post from today) that will increase your Bitcoins, then it's an awesome deal.

The reality is that for a "Bitcoin business" to truly be a "Bitcoin business" they need to have very few fiat overheads. 99.9% of the businesses that think they're "Bitcoin businesses" really aren't. The investors would do better off (from a fiat perspective) just holding their coins, and they wouldn't run the risk of losing them through goxxing/ineptitude/etc.

Yes, I agree.. The best businesses are the ones that operate on a huge profit margin.

[theMiracle]

...
https://wikispooks.com/wiki/US_Efforts_to_Suppress_Democracy_since_1945
...

OP. thanks for that link.  Very powerful stuff.  Here's one for you, since we're laying facts on each other:    http://www.angels-heaven.org/

If you feel strongly about not contributing to wars and shit, here are some options:

1.  Leave US.
2.  Stop working, and thereby paying taxes.
3.  Type about how much you hate war (and other things you feel guilty about) in the intertubes. <==Make sure to do it on a forum about money, that's the best place to do it!
4.  Start a revolution

[theskillzdatklls]

I'm an investor with plenty to invest.

But nearly every single thing out there is garbage.  So almost nothing touches my money.  Even if it looks mildly legitimate, I probably won't put a dime into it.  For me to want to put money in it I have to be convinced that the risk of scam & getting goxxed is very low while site profitability makes sense on both the investors/owners ends.

So short story is, your question is kind of ridiculous.  Bitcoin is fairly high risk. Investing in a bitcoin company is higher risk.  If you are ok with that, then go ahead and put it in the best place, if you aren't, then don't.  The market will naturally mature in the mean time if its meant to or it will decay.  The larger profitability and risk will be present in the earlier markets.

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

Sorry but I have zero interest in investing in anything mining.  I just came in to comment and offer advice.  I'm already committed to the things I am interested in with a loose eye for other things out there but they have to be really good to win me over (again, which this idea is not).

If I was interested in mining, I would just do it myself.  Total profit share + total control of the coins.  But that isn't the case for me at all.

[fluffypony]

I'm an investor with plenty to invest.

But nearly every single thing out there is garbage.  So almost nothing touches my money.  Even if it looks mildly legitimate, I probably won't put a dime into it.  For me to want to put money in it I have to be convinced that the risk of scam & getting goxxed is very low while site profitability makes sense on both the investors/owners ends.

So short story is, your question is kind of ridiculous.  Bitcoin is fairly high risk. Investing in a bitcoin company is higher risk.  If you are ok with that, then go ahead and put it in the best place, if you aren't, then don't.  The market will naturally mature in the mean time if its meant to or it will decay.  The larger profitability and risk will be present in the earlier markets.

1. We'll probably be talking soon, then.

2. Call it ridiculous if you want, but if you've already invested into bitcoin - maybe investing into something that potentially  increases your bitcoins is not such a bad idea (in theory)

Sorry but I have zero interest in investing in anything mining.  I just came in to comment and offer advice.  I'm already committed to the things I am interested in with a loose eye for other things out there but they have to be really good to win me over (again, which this idea is not).

If I was interested in mining, I would just do it myself.  Total profit share + total control of the coins.  But that isn't the case for me at all.

Spot on. I've been saying this for a while, but with few exceptions (eg. ASICMINER) mining is only profitable from a fiat perspective. Also, any savvy investor who wanted to "get in" to mining would just partner up with (or even employee) a domain expert. They wouldn't throw Bitcoin at randoms on the Internet.

[fourhundredapm]

You guys assume too much.