Why would anyone consider opening a business if they know it's going to be unprofitable. It defies logic.
What if that 'anyone' doesn't accept logic at all? 
Topic: [ANN] [ICO] Xwin – CryptoBet betting platform based on blockchain - page 116. (Read 13246 times)
December 23, 2017, 05:38:19 AM
December 23, 2017, 02:42:16 AM
Why would anyone consider opening a business if they know it's going to be unprofitable. It defies logic.
What if that 'anyone' doesn't accept logic at all? December 22, 2017, 04:37:23 PM
Aside from blunt corruption, some of the regulations put in place by governments are just absurd and counterproductive. I guess that's one of the reasons cryptocurrencies are this popular.
Also, if something is unprofitable, it's irrelevant where you technically opened up your business.
lol what if it is technically unprofitable to open a business? I'm mean this.
December 22, 2017, 02:30:43 PM
Aside from blunt corruption, some of the regulations put in place by governments are just absurd and counterproductive. I guess that's one of the reasons cryptocurrencies are this popular.
Also, if something is unprofitable, it's irrelevant where you technically opened up your business.
lol what if it is technically unprofitable to open a business? I'm mean this.
December 22, 2017, 02:08:24 PM
It is easier to start a business in a country you live in only because you know how things work in this particular country and have connections. As far as I know, people still are trying to get away from the laws and unnecessary red tape by opening a business in countries that are more open to such idea.
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
December 22, 2017, 02:03:52 PM
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
I did not mean the US, I mean country like Russia. They are easy to start a business, but here a lot of corruption. But yes, there are countries from which it is worth running and starting a business elsewhere. But this is not only because of the laws, it may just be unprofitable at all.
Also, if something is unprofitable, it's irrelevant where you technically opened up your business.
lol what if it is technically unprofitable to open a business? I'm mean this.
December 22, 2017, 01:47:40 PM
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
I did not mean the US, I mean country like Russia. They are easy to start a business, but here a lot of corruption. But yes, there are countries from which it is worth running and starting a business elsewhere. But this is not only because of the laws, it may just be unprofitable at all.
Also, if something is unprofitable, it's irrelevant where you technically opened up your business.
December 22, 2017, 12:56:19 PM
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
I did not mean the US, I mean country like Russia. They are easy to start a business, but here a lot of corruption. But yes, there are countries from which it is worth running and starting a business elsewhere. But this is not only because of the laws, it may just be unprofitable at all.
December 22, 2017, 12:34:58 PM
It is easier to start a business in a country you live in only because you know how things work in this particular country and have connections. As far as I know, people still are trying to get away from the laws and unnecessary red tape by opening a business in countries that are more open to such idea.
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
December 22, 2017, 12:30:38 PM
Oh, you are right, my mistake, i guess I has mixed up something in my mind. But now it is a question for me which country has the most loyalty law?
We can not say for sure, just because it's easier to say who is worse than to choose the best. In any country, you can and should do business, if you mean it. The easiest way to start a business is in the country where you live, the laws don't matter then. Also, it is best to choose countries with developing economies, for example, Vietnam.
Yes! That's actually what I mean. But with second one nope. Maybe in corrupted countries it is how deals makes, but if we started bussines in EU etc it is not like that. Because you going to jail one day.
December 22, 2017, 12:17:54 PM
A lot of collected investments at this moment... 1815357 ETH, 1209613 USD and 572897 BTC. We'll see it in a week, when it will be close to completion.
It is the amount of money that creators earned?? 
December 22, 2017, 11:42:29 AM
I've heard a few things about smart-contacts and its usage by Xwin, is it really so nice?
Nice? I wouldn't say that using smart contracts is nice. I would say that this is a smart decision and the developers really have thought about security. December 22, 2017, 11:19:28 AM
Minimizing risks? I think betting is more about gambling and money making. And of course trust into the team appear when you make a bet.
Exactly! Gambling is what ignites a fire inside my heart when it comes to betting! Without it, we would only be looking at never-ending stream of boring numbers on the screen.
December 22, 2017, 11:18:37 AM
Oh, you are right, my mistake, i guess I has mixed up something in my mind. But now it is a question for me which country has the most loyalty law?
We can not say for sure, just because it's easier to say who is worse than to choose the best. In any country, you can and should do business, if you mean it. The easiest way to start a business is in the country where you live, the laws don't matter then. Also, it is best to choose countries with developing economies, for example, Vietnam.
December 22, 2017, 11:00:00 AM
Hello, everyone!
First of all, we would like to thank more than 1000 XWIN community members for placing your trust in us. We are very grateful for your support and participation. Let's reach the heights of the betting industry together!
Keeping our beloved community updated on how the things are going, we've got some news:
Recently two new members joined our team.
- Experienced corporate attorney, serial entrepreneur and angel investor Julian L. Zegelman will be our new adviser
- Not exactly a person, but nonetheless, TFH – an international law consulting group of companies will be covering our legal issues
We've also been thinking about jurisdiction matters and chose Belize, town Belize. The company is already registered.
That's all for the 18th of December, a bit more than 12 days is left until the end of the pre-ICO stage with a huge 40% token bonus.
Stay with us for the latest news and updates!
December 22, 2017, 09:01:19 AM
Because the laws in the US are very strict and if you do not pay taxes than any activity with cryptocurrencies or finances is outlawed. It seems I already talked about it somewhere there. Seach.
Whaat??? Who told you this bullshit? For business, work and especial finances there are very complicated laws. There are advantages in this, of course, but this is not loyalty at all.
We can not say for sure, just because it's easier to say who is worse than to choose the best. In any country, you can and should do business, if you mean it. The easiest way to start a business is in the country where you live, the laws don't matter then. Also, it is best to choose countries with developing economies, for example, Vietnam.
December 22, 2017, 04:31:34 AM
Do you mean that US laws are too strict? If that is the case, than I completely agree with you, as all of the regulations in USA only needlessly restrain the economy.
Me either, nevertheless, we should admit that nowadays many companies are backed by US law, according to that, US laws can never be strict enough 
December 21, 2017, 02:57:29 PM
the betting industry exist everywhere, doesn't matter it's a local company or global one. It's all about marketing and quality of product(platform for betting in our case).
But once you have a good product, the natural decision is to try and bring it to as many markets as possible in order to reap bigger profits, isn't it? December 21, 2017, 02:33:34 PM
Oh, you are right, my mistake, i guess I has mixed up something in my mind. But now it is a question for me which country has the most loyalty law?
Usually those are small countries that are trying to attract capital without becoming off-shore zones themselves. The first example that comes to my mind is Luxembourg. December 21, 2017, 02:20:52 PM
Do you mean that US laws are too strict? If that is the case, than I completely agree with you, as all of the regulations in USA only needlessly restrain the economy.
Me either, nevertheless, we should admit that nowadays many companies are backed by US law, according to that, US laws can never be strict enough Jump to: