alcurEX thread is moved to:
https://bitcointalksearch.org/topic/annexchange-alcurex-v201-458732
Topic: [alcurEX] Cryptocurrency Exchange (Read 11522 times)
What is wrong with alcurex.com?
Quote
ssl_error_rx_record_too_long
I got other error
ERR_SSL_PROTOCOL_ERROR
What is wrong with alcurex.com?
Quote
ssl_error_rx_record_too_long
Rly like em!
Design isnt the latest art shit, but who cares.
transactions are processed very fast and everything working fine for me so far.
They have some cool coins which are rare on any other exchange!
Just need some volume now
Design isnt the latest art shit, but who cares.
transactions are processed very fast and everything working fine for me so far.
They have some cool coins which are rare on any other exchange!
Just need some volume now
Ok have to regret here.
I withdraw some coins but they never arrived at my wallet.
10 Days now waiting for a support reply. nothing happens....
Fuck this exchange
Just need some volume now
Devs are adding new coins, but with July and August kicking in, the market will be slow i believe.
Rly like em!
Design isnt the latest art shit, but who cares.
transactions are processed very fast and everything working fine for me so far.
They have some cool coins which are rare on any other exchange!
Just need some volume now
Design isnt the latest art shit, but who cares.
transactions are processed very fast and everything working fine for me so far.
They have some cool coins which are rare on any other exchange!
Just need some volume now
Can we get an update ?
March will be over in 5 days, are you going to make it to launch the exchange on time?
March will be over in 5 days, are you going to make it to launch the exchange on time?
A small status update:
...
We will also need to destroy our extra shares.
The total amount of shares there should be is 283,920, but we will leave ourselves an amount that is convenient for dividends.
This will be either 0, which would mean we will bring half of our profit to the site and it would all be shared by public shareholders or we will keep 70,980, in which case we would bring 100% of profit to the site and share it there between us and public shareholders.
We will probably go with 0 shares, because there are other expenses that are paid from our profits.
If we were to take from the full 100%, these costs would diminish the profits of public shareholders also.
We will probably have to contact the site support again, since there seems to be no automated way of destroying shares.
We discussed this before opening the IPO and they told it was possible.
I guess you haven't read up on how dividend works on Cryptostocks, your not allowed to pay dividend to shares still held(or bought back) by yourself....
We will also need to destroy our extra shares.
The total amount of shares there should be is 283,920, but we will leave ourselves an amount that is convenient for dividends.
This will be either 0, which would mean we will bring half of our profit to the site and it would all be shared by public shareholders or we will keep 70,980, in which case we would bring 100% of profit to the site and share it there between us and public shareholders.
We will probably go with 0 shares, because there are other expenses that are paid from our profits.
If we were to take from the full 100%, these costs would diminish the profits of public shareholders also.
We will probably have to contact the site support again, since there seems to be no automated way of destroying shares.
We discussed this before opening the IPO and they told it was possible.
"Dividends
The project owner can pay dividends to the shareholders, although dividends will not be paid to shares held by the project owner."
CryptoStocks show that you are still selling shares?
Shares are not for sale as you can see on trade table and Shares held publicly amount. 70,980 is final amount.They are just waiting for deletion. This is something cryptostock admin only can do.
CryptoStocks show that you are still selling shares?
A small status update:
The exchange is finishing nicely and will definitely be done this month.
We will be doing security testing even after it is done so that is why we have reserved the entire rest of March as a deadline.
The coin votings will start soon.
We will call for votes after we have gathered a list of potential altcoins to add.
Feel free to give submissions in this thread. It would help our process and give better chances for your coin.
We have taken a shareholder list that shows the email, user ID and amount of shares owned by each person.
This is a very convenient feature offered by Cryptostocks.
With this list we can always retrieve your shares on another platform even if something were to happen to Cryptostocks.
We will also need to destroy our extra shares.
The total amount of shares there should be is 283,920, but we will leave ourselves an amount that is convenient for dividends.
This will be either 0, which would mean we will bring half of our profit to the site and it would all be shared by public shareholders or we will keep 70,980, in which case we would bring 100% of profit to the site and share it there between us and public shareholders.
We will probably go with 0 shares, because there are other expenses that are paid from our profits.
If we were to take from the full 100%, these costs would diminish the profits of public shareholders also.
We will probably have to contact the site support again, since there seems to be no automated way of destroying shares.
We discussed this before opening the IPO and they told it was possible.
The exchange is finishing nicely and will definitely be done this month.
We will be doing security testing even after it is done so that is why we have reserved the entire rest of March as a deadline.
The coin votings will start soon.
We will call for votes after we have gathered a list of potential altcoins to add.
Feel free to give submissions in this thread. It would help our process and give better chances for your coin.
We have taken a shareholder list that shows the email, user ID and amount of shares owned by each person.
This is a very convenient feature offered by Cryptostocks.
With this list we can always retrieve your shares on another platform even if something were to happen to Cryptostocks.
We will also need to destroy our extra shares.
The total amount of shares there should be is 283,920, but we will leave ourselves an amount that is convenient for dividends.
This will be either 0, which would mean we will bring half of our profit to the site and it would all be shared by public shareholders or we will keep 70,980, in which case we would bring 100% of profit to the site and share it there between us and public shareholders.
We will probably go with 0 shares, because there are other expenses that are paid from our profits.
If we were to take from the full 100%, these costs would diminish the profits of public shareholders also.
We will probably have to contact the site support again, since there seems to be no automated way of destroying shares.
We discussed this before opening the IPO and they told it was possible.
The IPO has ended! alcurEX shares are no longer available for purchase from us.
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
this i my last attempt. You have never, ever, mentioned a time of the end of the IPO. Only March 10.
my time now is 9:23 PM march 9th 2014. Some of us its is not march 10th yet. At 4 30 Pm earlier today you said we had 3 hours left for the IPO. For the very first time you said MArch 10 00:00GM time. This means you close the IPO before March 10. You actually closed it 1 hrs later but never the less. you did not even reach the march 10 fully. You should have indicated you were going to close at the end of march 9th. Almost everyone that missed it it was becuase they thought they hade more then Zero- seconds timefram in March 10. Again. you never even give a zoning time. It is still March 9th now. it is not even 10PM now.
It is un-acceptible how short this warning was. After you made us wait for this extension.
If you want me to explain why did it matter for us to know the exact time then i will here:
This was an open buy with a deadline. The dead line makes it interesting to invest last minute. because the less people invest the more shares % i would receive. therefore smart investors will wait the last minute to invest. if they all invested at the begging, then it would show to people with a not made up mind that this is indeed a good investment. The more invested the less shares i get. this is not an egoistic strategy is plain statistics. We are investing to make more money. If you think i am wrong more then 10 btc buy-in was done within the last hr. i know it was 45 btcs at 12 pm when i checked this morning. so who know how many bought in within those 3 hrs. needless to say. knowing the final time it would have been good.
i am sorry but i can not believe you only give us a 3 hr warning on a sunday. didnt even take into account to give us timeframe or time zone. Not only that but you announced the closing time at march 10th 00:00:00 in your timezone. So it wasnt even technically march 10. it wasnt even a full day.
I would like for you to honor me my buy in order. it is there at 0.001 btcs. You can Pm me and we can do the trade on cryptostocs. I would appreciated it for you to honor this.
This will be my final attempt to reach out and show you the unfairness of this closure.
Shares held publicly 70,980 is final amount.
The IPO has ended! alcurEX shares are no longer available for purchase from us.
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
this i my last attempt. You have never, ever, mentioned a time of the end of the IPO. Only March 10.
my time now is 9:23 PM march 9th 2014. Some of us its is not march 10th yet. At 4 30 Pm earlier today you said we had 3 hours left for the IPO. For the very first time you said MArch 10 00:00GM time. This means you close the IPO before March 10. You actually closed it 1 hrs later but never the less. you did not even reach the march 10 fully. You should have indicated you were going to close at the end of march 9th. Almost everyone that missed it it was becuase they thought they hade more then Zero- seconds timefram in March 10. Again. you never even give a zoning time. It is still March 9th now. it is not even 10PM now.
It is un-acceptible how short this warning was. After you made us wait for this extension.
If you want me to explain why did it matter for us to know the exact time then i will here:
This was an open buy with a deadline. The dead line makes it interesting to invest last minute. because the less people invest the more shares % i would receive. therefore smart investors will wait the last minute to invest. if they all invested at the begging, then all these buy orders would appeal to some of the people that had not made up mind. They will see all the buy in and would start to see that this is indeed a good investment. I know you want people to buy a lot , but to me as an investors, even thjough i believe in your company and i want to help by supporting you foundation it is primarily becuase i want to make money. more invester the less shares i get. this is not an egoistic strategy is plain statistics. We are investing to make more money. If you think i am wrong more then 10 btc buy-in was done within the last hr. i think the total bought was 45 btcs at 12 pm when i checked this morning. so who know how many bought in within those 3 hrs. needless to say. knowing the final time it would have been good.
i am sorry but i can not believe you only give us a 3 hr warning on a sunday. didnt even take into account to give us timeframe or time zone. Not only that but you announced the closing time at march 10th 00:00:00 in your timezone. So it wasnt even technically march 10. it wasnt even a full day. If you read the thread , you will see other people were confused on the deadline. Almost everyone expected some hour in March 10. not at 00:00:00. and that is only the time. no one know the timezone. for me it is still march 9th as i type. 1 hrs after you closed the IPO
I would like for you to honor me my buy in order. it is there at 0.001 btcs. You can Pm me and we can do the trade on cryptostocs. I would appreciated it for you to honor this.
This will be my final attempt to reach out and show you the unfairness of this closure.
The IPO has ended! alcurEX shares are no longer available for purchase from us.
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
Congratulations and thank you to all co-owners! You now own 25% of alcurEX and are entitled to 50% of all profit alcurEX exchange produces.
70,980 shares were sold in total to the public, which means that the total amount of shares to ever exist is 283,920 shares.
All current public shareholders will still get 50% of profit, even though the total amount public shareholders own is 25%.
The other 25% is being saved for plans in the far future and the remaining 50% is for alcurEX employees.
The exchange will be released this month and a more accurate date will be announced soon.
We will call votes on the first cryptocurrencies to add on the exchange tomorrow.
All shareholders can vote with their shares at Cryptostocks once voting starts.
The main currencies on the exchange are:
BTC
LTC
XPM
MRC
USD (Will be added as soon as possible)
today is not today everywhere in the world. its march 9 right now for me and few more places in the world. and it will still be march 9 for 3 more hours.
Even though you were asked multiple times in the other thread and PMs you never gave us a time frame. On a sunday afternoon you do one post and warn us we have 3 hrs ...
this was not a fair warning. I placed a buy order at @0.001btc i would appriciate it if you could just sell us the shares. It was not a fair warning.
this was not a fair warning. I placed a buy order at @0.001btc i would appriciate it if you could just sell us the shares. It was not a fair warning.
It was posted both in this thread and on CryptoStocks on the 24th of February that the IPO would close today.
Even though you were asked multiple times in the other thread and PMs you never gave us a time frame. On a sunday afternoon you do one post and warn us we have 3 hrs ...
this was not a fair warning. I placed a buy order at @0.001btc i would appriciate it if you could just sell us the shares. It was not a fair warning.
this was not a fair warning. I placed a buy order at @0.001btc i would appriciate it if you could just sell us the shares. It was not a fair warning.
Just a friendly reminder that the IPO ends in under 3 hours and this is the last chance to buy alcurEX shares.
The IPO ends at exactly 0:00 (GMT +0), which is a little under 3 hours from now.
Cryptostocks link:
https://cryptostocks.com/securities/90
The IPO ends at exactly 0:00 (GMT +0), which is a little under 3 hours from now.
Cryptostocks link:
https://cryptostocks.com/securities/90
Greetings from the alcurEX dev team.
We are currently in the process of adding the first cryptocurrencies to alcurEX and will start votes on what to add soon.
You can vote with your shares on Cryptostocks.
The IPO will end March 10th in any case so you can rely on that being the last day for purchasing shares.
The exchange should not take long to launch, but some delays may occur due to testing and developing security.
It is very important that alcurEX is as secure as possible, even if it means slightly slower withdraws.
Feel free to ask or comment. I will try my best to answer your questions.
We are currently in the process of adding the first cryptocurrencies to alcurEX and will start votes on what to add soon.
You can vote with your shares on Cryptostocks.
The IPO will end March 10th in any case so you can rely on that being the last day for purchasing shares.
The exchange should not take long to launch, but some delays may occur due to testing and developing security.
It is very important that alcurEX is as secure as possible, even if it means slightly slower withdraws.
Feel free to ask or comment. I will try my best to answer your questions.
All sounds very interesting. Will the exchange release be this month do you think?
A little glimpse of the future projects of alcurEX.
We will start working on these after leverage is fully functional and USD markets have been added.
We will start working on these after leverage is fully functional and USD markets have been added.
Greetings from the alcurEX dev team.
We are currently in the process of adding the first cryptocurrencies to alcurEX and will start votes on what to add soon.
You can vote with your shares on Cryptostocks.
The IPO will end March 10th in any case so you can rely on that being the last day for purchasing shares.
The exchange should not take long to launch, but some delays may occur due to testing and developing security.
It is very important that alcurEX is as secure as possible, even if it means slightly slower withdraws.
Feel free to ask or comment. I will try my best to answer your questions.
We are currently in the process of adding the first cryptocurrencies to alcurEX and will start votes on what to add soon.
You can vote with your shares on Cryptostocks.
The IPO will end March 10th in any case so you can rely on that being the last day for purchasing shares.
The exchange should not take long to launch, but some delays may occur due to testing and developing security.
It is very important that alcurEX is as secure as possible, even if it means slightly slower withdraws.
Feel free to ask or comment. I will try my best to answer your questions.
You say in your OP that shareholders will have voting rights. Surely this is meaningless, as you'll hold the majority of shares and control the board of directors, your vote will always win over the votes of the people investing?
Only publically hold shares have voting rights on Cryptostocks, the shares still held by the issuer don't have voting rights. So if an issuer of a stock put up a vote for something, then the investors in that stock control 100% of the voting power.
You say in your OP that shareholders will have voting rights. Surely this is meaningless, as you'll hold the majority of shares and control the board of directors, your vote will always win over the votes of the people investing?
Here is alcurex video where you can see the project is running.
http://alcurex.info/download/alcurex_demo.wmv
or
http://alcurex.info/layouts-mockup/
There is still alot work to do, but we have many coders working with that.
- Some pages and links.
- Information, pictures and text
- wallets
- Chart modify
- Server migration
- security
- Auditing
- Launch
http://alcurex.info/download/alcurex_demo.wmv
or
http://alcurex.info/layouts-mockup/
There is still alot work to do, but we have many coders working with that.
- Some pages and links.
- Information, pictures and text
- wallets
- Chart modify
- Server migration
- security
- Auditing
- Launch
What motivated your decision to switch from Belize to Estonia? What problems/opportunities arose? Also, do you have any sort of projections for monthly profit in the near or short term? If we were to follow in the footsteps of poloniex, with a daily trading volume of 193 btc, that comes out to a monthly revenue of 11.58 btc at a 0.2% trading fee. Is this in the ballpark of what you expect?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Sorry for the delay. We have been busy with microCoin and the new alcurEX leverage.
http://alcurex.info/alcurex-leverage/
Due to Finnish regulation we will need a real employee who handles the flow of money within the country the company is officially located.
With this in mind we would much prefer having employees located in Estonia as it is very close to Finland, is protected but EU legislation and is still relatively loose in regulation.
Company revenue would still be tax-free as long as the money stays within the company's accounts. Employee pays are of course taxed accordingly.
Poloniex is a good example for profit estimates, but with the addition of alcurEX leverage the revenue could increase by 5-10x.
This estimate comes from the assumption that people who use the leverage will most likely make more fast trades for small profit.
And because people can now trade with a higher capital than what they actually have the exchange and its shareholders will earn fee profits as if the volume was 5-10x larger.
We also expect this function to bring more investors to the site as many exchanges do not have such a function.
It is not 0 taxation country, but there is no taxes untill company money is withdrawed out of, example salaries.
It's great for company health because it's more profitable to reinvest free capital than take it out.
Where I live, company need to pay taxes no matter are you use profits of not.
Example in my country, if I buy products on the stock, I need to pay taxes because government looks like I still have this profit in those products.
In long run, Estonia may be better than tax haven countries, because company need to keep booking etc.
Nordic EU is also more safe for us, because there is no possible to make business like damm gox doing right now.
Do anyone know what Estonia government think about digital currencies?
I know Finland is like it's ok and Russian almost banned it, but Estonia, I dont know nothing.
What motivated your decision to switch from Belize to Estonia? What problems/opportunities arose? Also, do you have any sort of projections for monthly profit in the near or short term? If we were to follow in the footsteps of poloniex, with a daily trading volume of 193 btc, that comes out to a monthly revenue of 11.58 btc at a 0.2% trading fee. Is this in the ballpark of what you expect?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Sorry for the delay. We have been busy with microCoin and the new alcurEX leverage.
http://alcurex.info/alcurex-leverage/
Due to Finnish regulation we will need a real employee who handles the flow of money within the country the company is officially located.
With this in mind we would much prefer having employees located in Estonia as it is very close to Finland, is protected but EU legislation and is still relatively loose in regulation.
Company revenue would still be tax-free as long as the money stays within the company's accounts. Employee pays are of course taxed accordingly.
Poloniex is a good example for profit estimates, but with the addition of alcurEX leverage the revenue could increase by 5-10x.
This estimate comes from the assumption that people who use the leverage will most likely make more fast trades for small profit.
And because people can now trade with a higher capital than what they actually have the exchange and its shareholders will earn fee profits as if the volume was 5-10x larger.
We also expect this function to bring more investors to the site as many exchanges do not have such a function.
What motivated your decision to switch from Belize to Estonia? What problems/opportunities arose? Also, do you have any sort of projections for monthly profit in the near or short term? If we were to follow in the footsteps of poloniex, with a daily trading volume of 193 btc, that comes out to a monthly revenue of 11.58 btc at a 0.2% trading fee. Is this in the ballpark of what you expect?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Sorry for the delay. We have been busy with microCoin and the new alcurEX leverage.
http://alcurex.info/alcurex-leverage/
Due to Finnish regulation we will need a real employee who handles the flow of money within the country the company is officially located.
With this in mind we would much prefer having employees located in Estonia as it is very close to Finland, is protected by EU legislation and is still relatively loose in regulation.
Company revenue would still be tax-free as long as the money stays within the company's accounts. Employee pays are of course taxed accordingly.
Poloniex is a good example for profit estimates, but with the addition of alcurEX leverage the revenue could increase by 5-10x.
This estimate comes from the assumption that people who use the leverage will most likely make more fast trades for small profit.
And because people can now trade with a higher capital than what they actually have the exchange and its shareholders will earn fee profits as if the volume was 5-10x larger.
We also expect this function to bring more investors to the site as many exchanges do not have such a function.
The IPO has been extended to March 10th due to the addition of alcurEX leverage, which will potentially increase revenue by 5-10x
Read about alcurEX leverage:
http://alcurex.info/alcurex-leverage/
Feel free to ask us if there is anything you wish to know.
Read about alcurEX leverage:
http://alcurex.info/alcurex-leverage/
Feel free to ask us if there is anything you wish to know.
What motivated your decision to switch from Belize to Estonia? What problems/opportunities arose? Also, do you have any sort of projections for monthly profit in the near or short term? If we were to follow in the footsteps of poloniex, with a daily trading volume of 193 btc, that comes out to a monthly revenue of 11.58 btc at a 0.2% trading fee. Is this in the ballpark of what you expect?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
Also, just my input: I have a feeling users are willing to tolerate higher trading fees if they are given the opportunity to participate in the profit in some way, like mcxNow does with its fee shares and interests on deposits (which I think are a fantastic idea). I think maybe something along these lines is in your guys' plan with the other 25% of public shares?
also i know this is a reference.. but you seem like you copied the BTC-e info and left BTC-e there.
http://162.216.227.104/~designos/New_Bit_coin/html/demo2/terms_condition.html
http://162.216.227.104/~designos/New_Bit_coin/html/demo2/terms_condition.html
The picture is from an early mockup. The finished version of course won't have any references to btc-e.
also i know this is a reference.. but you seem like you copied the BTC-e info and left BTC-e there.
http://162.216.227.104/~designos/New_Bit_coin/html/demo2/terms_condition.html
http://162.216.227.104/~designos/New_Bit_coin/html/demo2/terms_condition.html
thank you for coming back and answering these questions. The more answers you answer the more info we get and the more stronger and secure i feel about investing. I do have many more questions, here are a few
Will be waiting anxiously for your input
- Number one. If there is a demand for it. Will you allow all the 1million shares to be sold before end of this month/IPO?
- Are these shares the absolute the only ones to be sold?
- Who are you? Are you prepared to give forth some ID and info
- What skill-levels is your team made of? Coders, web designers , marketers, finance?
- What are your goals? Unfortunately there are a lot of exchanges popping out lately. too many. What will this exchange bring to the table? How will it be profitable. If 1mill share sell, then there need to be a high exchange total profit for dividents to make sense to invest. How is your team going to create this. If i invest 1 BTC and there are 1 Million shares sold. then AlcurEx need to earn 200 BTC monthly for me to reach ROI in 1 YR. This means you have to be as big as cryptsy ( i know , i keep using 1 mill shares )
- What are some goals your team is trying to reach. How are you going to try to expand ?
- Where do you see AlcurEX a month from now, 6 months from now. 1 year from now? 5 years from now?
- If the company expands(and i hope you do!) will my shares expand with it?
Will be waiting anxiously for your input
help me understand these shares we will buy... Some general question.
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
The IPO shares are unofficial, but as soon as we register the company you'll be able to claim your unofficial stocks into legally binding stocks with a contract regarding dividends, ownership and special circumstances.
Cryptostocks also already has a large userbase so it is more profitable and convenient for us to sell the unofficial IPO shares there first.
The unofficial shares will be treated by us as official shares and will get the same dividends and rights, but they have no legal binding unless you claim them into official stocks.
You will of course need to provide sufficient information when claiming official stocks so that we may legally identify you as a shareholder.
It is our main priority to have everything done as legally and officially as possible to avoid any problems as we intend to expand the business outside of cryptocurrencies.
Feel free to ask if there is something left unclear.
great, thank you. I wanted to invest since the moment you lunched this but i feel like i need to know how this will work. please read back as i updated my post about the maximum stocks shares.
please don't take my question as an accusation. i just want to be btter informed. do not wish to bad mouth you guys. i feel like this is a great thing happening right now
The 50 and 200 share examples are that small because at least to me it's easier to understand smaller numbers as examples. We did expect to surely get much more than 200 shares, but really we never had aim on a specific amount. These sales do not decide the future of the company as we have our personal funds also and intend to invest those. The 50% profit we get is also used mainly on the company itself.
I understand what you mean, but I don't see what could have been done differently when taking into consideration how these shares work. I can assure that there were no hidden motives behind the details you posted. We also added a share calculator as sales rose so people could easily count how much their shares get so that they can decide whether it's profitable anymore or not.
Feel free to tell if you have any further suggestions or questions. Thank you.
help me understand these shares we will buy... Some general question.
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
The IPO shares are unofficial, but as soon as we register the company you'll be able to claim your unofficial stocks into legally binding stocks with a contract regarding dividends, ownership and special circumstances.
Cryptostocks also already has a large userbase so it is more profitable and convenient for us to sell the unofficial IPO shares there first.
The unofficial shares will be treated by us as official shares and will get the same dividends and rights, but they have no legal binding unless you claim them into official stocks.
You will of course need to provide sufficient information when claiming official stocks so that we may legally identify you as a shareholder.
It is our main priority to have everything done as legally and officially as possible to avoid any problems as we intend to expand the business outside of cryptocurrencies.
Feel free to ask if there is something left unclear.
great, thank you. I wanted to invest since the moment you lunched this but i feel like i need to know how this will work. please read back as i updated my post about the maximum stocks shares.
please don't take my question as an accusation. i just want to be btter informed. do not wish to bad mouth you guys. i feel like this is a great thing happening right now
help me understand these shares we will buy... Some general question.
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
The IPO shares are unofficial, but as soon as we register the company you'll be able to claim your unofficial stocks into legally binding stocks with a contract regarding dividends, ownership and special circumstances.
Cryptostocks also already has a large userbase so it is more profitable and convenient for us to sell the unofficial IPO shares there first.
The unofficial shares will be treated by us as official shares and will get the same dividends and rights, but they have no legal binding unless you claim them into official stocks.
You will of course need to provide sufficient information when claiming official stocks so that we may legally identify you as a shareholder.
It is our main priority to have everything done as legally and officially as possible to avoid any problems as we intend to expand the business outside of cryptocurrencies.
Feel free to ask if there is something left unclear.
help me understand these shares we will buy... Some general question.
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
Also help me understand the amount of share being sold. Seems like this is a touchy subject every time i bring it up in the other thread. You guys humbly justify that you had to put a minimum 1 million shares on cryptostocks but make it sound like you will only sell a few of those. You keep insisting that you are not trying to sell that many, only what the public will buy. I just check with Cryptsy.. 100,000 shares sold only. Can't you put a cap on these shares? Can't you at least express how many you want to sell originally? why do you get all defensive when it comes to these? Your team keeps posting and ensuring people that you will burn all the non sold shares. You make it sound like 900k shares will be burned. even on you description you give a small amount as shares to be bought. between 50 to 200. These descriptions seems so small compared to the massive amount of the 1 million share. I feel like this "beating around the bush" comes off a bit unappealing.
The problem is that most likely people will buy a high amount of these shares. Of course they will. you give off a vibe that you will only sell 200 shares. You make the investors feel like if they buy with 1 BTC they will be top %1 of the shares at 1000 shares! (oh wow shuch amount , much shares!!!!) Well, there is still that 1million shares. Where is the cap? at 10k shares? at 100k? At this moment , 23 BTCs are bought already. That is 23 000 shares.
Why i belive you wish to go at 100k-1mill shares bought:
You guys have 1 000 000 shares available to buy. I know you have shown interest to try to reach fiat-exchange status. This will require you to sell at least $100k worth of stocks right? Hoping BTC will be around $1000 again you are hoping to sell 100k shares at least right? 1mil @ 0.001 = 1000 BTC or 100K @ 0.001 = 100 BTC. To me it makes sense that you hope you sell over 100k shares.
and why shouldn't you. its yous company. you should do anything you want. But you should have done it in the open. and state the total cap upfront. because at 1mill shares. than that 1 BTC investments is not that strong anymore.
How do these shares work? :
How am i legal bonded to these shares. Or I only buy these shares and hope that you will come everyday and fill up automatically right? These shares are not linked to your exchange at all. We are technically buying shares of cryptostocks and hope that you will come and fill in the void at every dividend time frame?
How does the exchange status work?:
There will be no way of knowing how the exchange is doing. No way of knowing what the BTC gains for today are right? We will only know what the total was based on what you will dictate us here at each dividend update?
If we are to own %50 of the exchange/alcurEX's profit each closing, we should have a way of checking the status. Seems like again , in the status update, we will only have to depend on you.
What is to stop you from coming here and pay us.. What about say 5 months from now. What about a year from now. Nothing right? There is no legal obligation. There is no legal document of us owning % of the company/exchange stocks? Only ethical promise that if we give you BTCs now , you will keep coming here and paying us.
What happens if you have a fight with you partners and you leave the company. Are your partners going to have the same obligation and come and pay us dividend after dividend? What if you sell to some one else. Are they obligated to honor the dividends?
Also help me understand the amount of share being sold. Seems like this is a touchy subject every time i bring it up in the other thread. You guys humbly justify that you had to put a minimum 1 million shares on cryptostocks but make it sound like you will only sell a few of those. You keep insisting that you are not trying to sell that many, only what the public will buy. I just check with Cryptsy.. 100,000 shares sold only. Can't you put a cap on these shares? Can't you at least express how many you want to sell originally? why do you get all defensive when it comes to these? Your team keeps posting and ensuring people that you will burn all the non sold shares. You make it sound like 900k shares will be burned. even on you description you give a small amount as shares to be bought. between 50 to 200. These descriptions seems so small compared to the massive amount of the 1 million share. I feel like this "beating around the bush" comes off a bit unappealing.
The problem is that most likely people will buy a high amount of these shares. Of course they will. you give off a vibe that you will only sell 200 shares. You make the investors feel like if they buy with 1 BTC they will be top %1 of the shares at 1000 shares! (oh wow shuch amount , much shares!!!!) Well, there is still that 1million shares. Where is the cap? at 10k shares? at 100k? At this moment , 23 BTCs are bought already. That is 23 000 shares.
Why i belive you wish to go at 100k-1mill shares bought:
You guys have 1 000 000 shares available to buy. I know you have shown interest to try to reach fiat-exchange status. This will require you to sell at least $100k worth of stocks right? Hoping BTC will be around $1000 again you are hoping to sell 100k shares at least right? 1mil @ 0.001 = 1000 BTC or 100K @ 0.001 = 100 BTC. To me it makes sense that you hope you sell over 100k shares.
and why shouldn't you. its yous company. you should do anything you want. But you should have done it in the open. and state the total cap upfront. because at 1mill shares. than that 1 BTC investments is not that strong anymore.
Greetings from the alcurEX dev team.
As stated earlier, we have been discussing registering the alcurEX company in Belize.
These plans have changed and we are currently discussing registration in Estonia.
Rest assured we will register the company in a safe place with fully legal means, whether this be Belize or Estonia.
Stay tuned for more updates.
As stated earlier, we have been discussing registering the alcurEX company in Belize.
These plans have changed and we are currently discussing registration in Estonia.
Rest assured we will register the company in a safe place with fully legal means, whether this be Belize or Estonia.
Stay tuned for more updates.
OP, try for more fonts and text effects. I'm loving the mid-90s "just pirated my first copy of Photoshop" look.
Haha. I do admit that our logos and banners aren't really the best out there, but that's not really a priority at the moment. We'll just get a professional to do those later. The fact that there is a "profitability calculator" aka easy money spreadsheet should be enough to know you have to stay away.
That would be good advice, but the calculator shows correctly and doesn't promise anything. The part "alcurEX est. total profit/month " can and should be manually changed. It's so people can make their own estimates and see how much they would get if the exchange were to make how much they estimated.
OP, try for more fonts and text effects. I'm loving the mid-90s "just pirated my first copy of Photoshop" look.
Yet another attempt of fraud? The quantity of imaginary companies selling empty promises in this forum section is increasing in a monthly basis.
When shares selling ends?
When the exchange launches, which is probably at the end of this month. 
When shares selling ends?
We have added a simple share profit calculator, which you can use to calculate how much you will get for your investment.
http://alcurex.info/share-profit-calculator/
http://alcurex.info/share-profit-calculator/
https://cryptostocks.com/securities/90
http://alcurex.info
The IPO has been extended to March 10th due to the addition of alcurEX leverage, which will potentially increase revenue by 5-10x
Read about alcurEX leverage:
http://alcurex.info/alcurex-leverage/
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