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Author Topic: Ubitex: In-person Bitcoin exchange [EARLY BETA!] [STOCK AVAILABLE]  (Read 34160 times)
Nefario
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May 05, 2011, 03:32:08 AM
 #121

I'm not sure anyone is selling their shares, but you can put up a buy order on the system, if the price is good enough I think someone will sell.


Is it anything like how mtgox works?

It's just like mtgox, but for you to be able to buy something someone has to be selling.

Right now, anyone who has UBX shares isn't selling them (last time I checked), however if the price is right pretty much anyone would sell. What I mean for that is that if you want someone to sell UBX shares, you need to offer a high enough price.

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dishwara
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May 05, 2011, 03:47:43 AM
 #122

I'm not sure anyone is selling their shares, but you can put up a buy order on the system, if the price is good enough I think someone will sell.


Is it anything like how mtgox works?

Ubitex is same as mtgox, buying , selling bitcoins. But Ubitex still not operational, building site.
If u want to buy shares of Ubitex, thats already sold out.
He raised money by shares to built ubitex exchange through GLBSE.com
kiba
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May 05, 2011, 03:59:29 AM
 #123

Ubitex is same as mtgox, buying , selling bitcoins. But Ubitex still not operational, building site.
If u want to buy shares of Ubitex, thats already sold out.
He raised money by shares to built ubitex exchange through GLBSE.com

I meant GLBSE.

dishwara
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May 05, 2011, 04:08:03 AM
 #124

Ubitex is same as mtgox, buying , selling bitcoins. But Ubitex still not operational, building site.
If u want to buy shares of Ubitex, thats already sold out.
He raised money by shares to built ubitex exchange through GLBSE.com

I meant GLBSE.

GLBSE is different than mtgox & ubitex.
GLBSE is share trading with bitcoins, while ubitex exchanges bitcoin with other currency.
you can buy ubitex itself in glbse, but not vice versa.
I understand this way only. Some one correct me if wrong.
Nefario
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May 05, 2011, 04:32:42 AM
 #125

Ubitex is same as mtgox, buying , selling bitcoins. But Ubitex still not operational, building site.
If u want to buy shares of Ubitex, thats already sold out.
He raised money by shares to built ubitex exchange through GLBSE.com

I meant GLBSE.

GLBSE is different than mtgox & ubitex.
GLBSE is share trading with bitcoins, while ubitex exchanges bitcoin with other currency.
you can buy ubitex itself in glbse, but not vice versa.
I understand this way only. Some one correct me if wrong.

There is not a big difference between selling bitcoins for other currency and selling bitcoins for other goods, services or even shares. So in this way it's really much the same as mtgox.

The only difference is with mtgox, you are limited to exchanging bitcoin for currency(specifically USD) and nothing else. On GLBSE you can trade bitcoin for whatever is listed.

An exchange/or market is a market, they all work pretty much the same, the only difference being whats traded there.

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Nefario
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May 05, 2011, 04:35:05 AM
 #126

Also a fraud warning.

The share MHNGZ is attempting to pose as shares issued by Ubitex.

THEY ARE NOT THE SAME ACCOUNT DO NOT BUY!

See here for more details.

http://bitcointalk.org/index.php?topic=7285.msg106934#msg106934

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cuddlefish
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May 05, 2011, 06:20:48 AM
 #127

Log in. Log in now. There's only 1 dead link left to fix...

kseistrup
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May 05, 2011, 07:52:07 AM
 #128

Someone still has to explain why there now seems to be a total of 1250 shares in UBX when the IPO prospect said there would be 1110 shares.  Where did the extra 140 shares come from?

Cheers,

Klaus Alexander Seistrup
http://about.me/kseistrup
dishwara
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May 05, 2011, 07:57:54 AM
 #129

I see 404 file not found in create order page.
Nefario
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May 05, 2011, 01:56:58 PM
 #130

Someone still has to explain why there now seems to be a total of 1250 shares in UBX when the IPO prospect said there would be 1110 shares.  Where did the extra 140 shares come from?

Cheers,

I think I replied to this in another thread(can't remember), essentially it was an accounting error when switching the share contract. This was caused primarily by the system being used earlier than I had planned. 140 were created out of nowhere, and someone had already bought them before we could bring them off the market.

Remember GLBSE is Beta software, I'll do my best but can't guarantee no mistakes until I take off the beta tag.

PGP key id at pgp.mit.edu 0xA68F4B7C

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kseistrup
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May 05, 2011, 06:07:51 PM
 #131

Where did the extra 140 shares come from?
I think I replied to this in another thread(can't remember)
You sent me a PM out of context, and I wasn't aware that it was an answer to my question.

Thanks for the explanation.

Cheers,

Klaus Alexander Seistrup
http://about.me/kseistrup
cuddlefish
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May 06, 2011, 06:21:21 AM
 #132

I'm sorry for the lack of private beta. Due to unexpected delays, the private beta will be skipped, and a public beta will launch on the fourth. My bad.

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May 06, 2011, 10:15:51 AM
 #133

I'm sorry for the lack of private beta. Due to unexpected delays, the private beta will be skipped, and a public beta will launch on the forth. My bad.

forth?  what the heck does that mean?
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May 06, 2011, 12:34:30 PM
 #134

I'm sorry for the lack of private beta. Due to unexpected delays, the private beta will be skipped, and a public beta will launch on the forth. My bad.

forth?  what the heck does that mean?

Usually it means "away", as in 'Go forth, young man."

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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May 06, 2011, 01:10:43 PM
 #135

I'm sorry for the lack of private beta. Due to unexpected delays, the private beta will be skipped, and a public beta will launch on the forth. My bad.

Dont feel too bad things happen Smiley.

I think  its partly because you had to help people setup glbse that youre behind so I hope people dont give you a hard time.
Nefario
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May 06, 2011, 02:01:41 PM
 #136

Also I wouldn't worry about it because, well things are hard to estimate, just ask the GLBSE investors about how many slips in timing I've made.

It will be a lucky day for you to actualy meet a time target. It's just hard to estimate how long something you've probably never done before will take.

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cypherdoc
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May 06, 2011, 02:53:04 PM
 #137

I'm sorry for the lack of private beta. Due to unexpected delays, the private beta will be skipped, and a public beta will launch on the forth. My bad.

Dont feel too bad things happen Smiley.

I think  its partly because you had to help people setup glbse that youre behind so I hope people dont give you a hard time.

maybe he should hire lulzplzkthx to help him with those people.  after all, they just contribute money.  lulzplzkthx did such a good job on the ad.
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May 07, 2011, 11:34:42 PM
 #138

Alright! We're launching the beta in a few hours. Hold onto your hats, people!

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May 08, 2011, 02:19:25 AM
 #139

Alright! We're launching the beta in a few hours. Hold onto your hats, people!


I am very excite!

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May 08, 2011, 05:17:46 AM
 #140

Things working on the dev server: Order creation, and rating backend.

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