Garr255 (OP)
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Activity: 938
Merit: 1000
What's a GPU?
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June 24, 2012, 05:48:18 AM |
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These questions are directed toward the creator of the exchange:
What is the advantage of using this exchange over GLBSE? Why should we trust the creator of it? Who is the creator of it?
Even if it turns out to be a legitimate trading platform, the only advantage I see here is being a part of something new.
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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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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Bitcoin Oz
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June 24, 2012, 05:49:55 AM |
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I think it is owned by the creators of vircurex.
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mollison
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June 24, 2012, 05:54:00 AM |
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There is alread a thread about this. |
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burnside
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Activity: 1106
Merit: 1004
Lead Blockchain Developer
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October 10, 2012, 05:36:18 PM |
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Bumping this. Garr's questions were never answered in the linked thread. In that thread I have asked: In light of the recent GLBSE debacle, I have some questions that I suspect need to be answered before anyone continues to use the exchange. 1) Where is Cryptostocks registered as a business. 2) Where are the Cryptostocks servers located? (Cursory search says Texas, USA) 3) Who is actually operating Cryptostocks? (I can understand if you do not want to answer this, however people should know if you are not willing to reveal the identity of your CEO.) 4) Under what regulatory body does cryptostocks operate? (List here: http://en.wikipedia.org/wiki/List_of_financial_regulatory_authorities_by_country) 5) How is cryptostocks helping its Asset Issuers comply with their local laws? Are you giving them even a cursory warning "Issuing Securities is illegal without registration in most countries." ? Thanks! I think there needs to be an awareness of the legality of these things if we are to avoid another GLBSE implosion. |
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scrybe
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October 10, 2012, 08:57:31 PM |
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I think there needs to be an awareness of the legality of these things if we are to avoid another GLBSE implosion.
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"...as simple as possible, but no simpler" -AE
BTC/TRC/FRC: 1ScrybeSNcjqgpPeYNgvdxANArqoC6i5u Ripple:rf9gutfmGB8CH39W2PCeRbLWMKRauYyVfx LTC:LadmiD6tXq7gFZvMibhFUZegUHKXgbu1Gb
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Bitcoin Oz
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October 10, 2012, 11:29:23 PM |
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It is very dangerous to operate such a venture if it is indeed hosted in the "land of the free".
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Cryptostocks
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October 11, 2012, 05:35:00 AM |
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The hosted infrastructure will be leaving the "land of the free" on the coming weekend or latest a week later.
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burnside
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Activity: 1106
Merit: 1004
Lead Blockchain Developer
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October 11, 2012, 06:00:49 AM |
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The hosted infrastructure will be leaving the "land of the free" on the coming weekend or latest a week later.
Where's it moving to? |
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Bitcoin Oz
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October 11, 2012, 06:03:52 AM |
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The hosted infrastructure will be leaving the "land of the free" on the coming weekend or latest a week later.
Where's it moving to? Might want to drop the .com also. |
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Cryptostocks
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October 11, 2012, 06:21:44 AM |
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The hosted infrastructure will be leaving the "land of the free" on the coming weekend or latest a week later.
Where's it moving to? Canada at this stage. Once we settle the options for incorporation then that will depend on the final country of incorporation. Burnside: What are your plans regarding litecoinglobal.com? |
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🏰 TradeFortress 🏰
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Activity: 1316
Merit: 1043
👻
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October 11, 2012, 08:03:39 AM |
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Host it on Sealand.
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Jurek
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Merit: 10
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October 11, 2012, 10:26:24 AM |
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Would perhaps namecoin's .bit domain prevent issues with authorities more than moving servers to Sealand?
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Cryptostocks
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October 11, 2012, 10:55:42 AM |
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the domain name should not be the issue. should the SEC consider our platform subject to their regulations then the question will be whether we operated in the US and if we offered our services to US citizens who may not be entitled to use these servixes. To be on the safe side we relocate ansd bring up a prominent disclaimer about the users obligation to check the legality of using our platfotm.
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burnside
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Activity: 1106
Merit: 1004
Lead Blockchain Developer
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October 13, 2012, 06:02:43 AM
Last edit: November 21, 2012, 01:00:52 AM by burnside |
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the domain name should not be the issue. should the SEC consider our platform subject to their regulations then the question will be whether we operated in the US and if we offered our services to US citizens who may not be entitled to use these servixes. To be on the safe side we relocate ansd bring up a prominent disclaimer about the users obligation to check the legality of using our platfotm.
Canada's probably a good first step. It's not legal to run an unlicensed exchange there either, but at least it's not right under the nose of the SEC. I still haven't figured out the final resting place of LTC-GLOBAL. |
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