evershawn (OP)
Sr. Member
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Activity: 308
Merit: 250
Vod is a liar
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July 20, 2014, 07:03:57 AM Last edit: July 20, 2014, 01:24:09 PM by evershawn |
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Delete me please
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Vod
Legendary
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Activity: 3696
Merit: 3070
Licking my boob since 1970
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July 20, 2014, 07:09:09 AM |
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I am attempting to raise a total of 500 BTC for a 40% share in the company.
That doesn't seem right. Who gets the other 60%? An idea alone is worth 10%-20% max.
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https://nastyscam.com - landing page up https://vod.fan - advanced image hosting - coming soon! OGNasty has early onset dementia; keep this in mind when discussing his past actions.
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ruru
Full Member
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Activity: 139
Merit: 100
GET IN - Smart Ticket Protocol - Live in market!
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July 20, 2014, 09:09:29 AM |
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You are asking for 700 BTC for 40% of the company which means you're valuing your company at BTC 1,750.00 or approximately $1,100,00.00 at today's prices. It's time to ask some preliminary questions.
What are your revenue and profit projections?
How do you justify your valuation?
How much money are you putting into venture yourself?
How would you mitigate risk if bitcoin price appreciates significantly in value? ie, $2000.00/ BTC in the near future. Surely, this would negatively affect the wagered amount, yes?
How would you deal with NYC's proposed regulatory framework and Canada's bitcoin law requiring foreign business to register with FINTRAC?
Do you really need to hire so many people? By your list there's about 10 people you're planning to hire. You mentioned "executives" what does it mean? Just-Dice.com was exceedingly successful in it's lifetime and was run by 1 person. How would your game compare against Just-Dice's?
Last hint is.. unless your site is so groundbreaking that people are gonna want to copy them, ie. Satoshi Dice and Just-Dice, you might as well tell us the plan right now. Ideas are dime a dozen; execution is what matters.
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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July 20, 2014, 09:13:55 AM |
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I am attempting to raise a total of 500 BTC for a 40% share in the company.
That doesn't seem right. Who gets the other 60%? An idea alone is worth 10%-20% max. There it says you want to raise 500BTC for 40% I am attempting to raise a total of 700 BTC for a 40% share in the company.
And now it's 700 BTC
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armin22
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July 20, 2014, 12:50:19 PM |
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Ok, for agreeing with a fellow member and doing a +1, it gets deleted?
Where the fuck are the mods when a huge number of accounts get hacked and shit happens?
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evershawn (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
Vod is a liar
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July 20, 2014, 01:19:46 PM |
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Moving this to a self moderated topic, totally forgot how many trolls there are on this stupid forum that make troll posts and derail threads.
Will answer 'real' questions there, and delete trolls.
Thanks.
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armin22
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July 20, 2014, 01:21:22 PM |
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Moving this to a self moderated topic, totally forgot how many trolls there are on this stupid forum that make troll posts and derail threads.
Will answer 'real' questions there, and delete trolls.
Thanks.
Yes pls. 700BTC IPO.
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