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Topic: [ANN][exchange] alcurex v2.0.1 - page 81. (Read 152679 times)

sr. member
Activity: 322
Merit: 250
February 21, 2014, 04:22:46 PM
just an idea, why not make the transaction free/very cheap to attract people and cash in on ads, like youtube when it was starting
I said this in the other thread, but while I like this idea, I think another thing to consider would be giving users interests on deposit like Mcxnow. This means higher fees but incentivizes users to store money with us. Just something to consider.
hero member
Activity: 686
Merit: 500
February 21, 2014, 04:11:41 PM
just an idea, why not make the transaction free/very cheap to attract people and cash in on ads, like youtube when it was starting
full member
Activity: 224
Merit: 100
February 20, 2014, 06:09:12 PM
There is also another thread in other sub forum about alcurEX, very nice read

https://bitcointalksearch.org/topic/alcurex-cryptocurrency-exchange-459909
full member
Activity: 193
Merit: 100
February 20, 2014, 02:06:37 AM
how do I buy some stocks?
registered on cryptostocks and deposited a small amount of btc

I agree that the site is not the most user-friendly.

https://cryptostocks.com/orders

You put the ticker there (ALCUREX) and it fetches the orderbook.
much thanks!
MCR
sr. member
Activity: 266
Merit: 250
February 20, 2014, 01:51:59 AM
#99
how do I buy some stocks?
registered on cryptostocks and deposited a small amount of btc

I agree that the site is not the most user-friendly.

https://cryptostocks.com/orders

You put the ticker there (ALCUREX) and it fetches the orderbook.
full member
Activity: 193
Merit: 100
February 20, 2014, 01:50:07 AM
#98
how do I buy some stocks?
registered on cryptostocks and deposited a small amount of btc
full member
Activity: 193
Merit: 100
February 20, 2014, 12:17:22 AM
#97
well im in
legendary
Activity: 1148
Merit: 1000
February 19, 2014, 11:17:46 PM
#96
If I am correct you are going to launch a new exchange platform for people to trade altcoins?

People can buy shares and all the shareholders together get 50% of the profit, of this exchange?


When does the exchange goes online?

What is the maximum amount for buying a share?

How much do you think the profit will be each week and each month?

Thanks
legendary
Activity: 1596
Merit: 1006
February 19, 2014, 05:33:23 PM
#95
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.
How much capital is required to set up a fiat exchange in Estonia?
I think capital reguired is not more than 100K. Maybe even less.
Baltic Estonia is way more safe because it's EU regulated country, but tax need to pay for all usd profits they take out from company account.
Company itself is taxfree, only profits out will be taxed.
Correct me if I'm not right.
sr. member
Activity: 322
Merit: 250
February 19, 2014, 04:27:47 PM
#94
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.
How much capital is required to set up a fiat exchange in Estonia?
MCR
sr. member
Activity: 266
Merit: 250
February 19, 2014, 03:21:56 PM
#93
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.
sr. member
Activity: 322
Merit: 250
February 17, 2014, 11:52:59 AM
#92
Any idea how much longer the IPO will last?

edit: I'd like to purchase more shares if a couple things are cleared up.  Cryptsy is aiming to raise $1M in capital in order to comply with US regulations to become a fiat exchange, while we are looking for ~$75k.  Is this because of different regulations in Belize?  How accurate do you believe this ~$75k figure to be?  Could you go into more detail about this?
Yes. There are different regulations in Belize so becoming a money exchange company in Belize is much cheaper than it would be in the US. This is understandable, because USA is a much bigger and wealthier country and thus has higher standards. It could also be that Belize wants to encourage smaller businesses more than the US. The capital needed to become a money exchange in Belize has been stated to us as $75,000 so we trust that this is the correct figure. The IPO lasts to the end of this month. We will announce a specific date a few days earlier so don't worry about missing out on the end rush.
Thanks for the reply.  That's very understandable. I wonder why Cryptsy chose to set up in the US.
MCR
sr. member
Activity: 266
Merit: 250
February 17, 2014, 11:09:42 AM
#91
Any idea how much longer the IPO will last?

edit: I'd like to purchase more shares if a couple things are cleared up.  Cryptsy is aiming to raise $1M in capital in order to comply with US regulations to become a fiat exchange, while we are looking for ~$75k.  Is this because of different regulations in Belize?  How accurate do you believe this ~$75k figure to be?  Could you go into more detail about this?
Yes. There are different regulations in Belize so becoming a money exchange company in Belize is much cheaper than it would be in the US. This is understandable, because USA is a much bigger and wealthier country and thus has higher standards. It could also be that Belize wants to encourage smaller businesses more than the US. The capital needed to become a money exchange in Belize has been stated to us as $75,000 so we trust that this is the correct figure. The IPO lasts to the end of this month. We will announce a specific date a few days earlier so don't worry about missing out on the end rush.
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
February 17, 2014, 10:54:32 AM
#90
But, if shares collect over 100,000USD, they can start USD fiat markets on the launch, and this may increase share value.
So, if they can collect around 100K USD and start offering fiat markets on the launch, I will value this company higer.

At the current price we need to buy 161k of shares in order to get $100k.

I guess we should keep buying then. The deadline for the IPO is at the end of February.
So with the current number of shares, I believe an optimistic estimate might be ~4 months before they can consider trading fiat, assuming it does cost $100k and all revenues are dedicated towards that and there are no obstacles.  

I think people are waiting for the last minute to buy shares. So hopefully we could get fiat sooner than 4 months. 4 months is a long time. Its like 4 years in crypto world.
legendary
Activity: 1596
Merit: 1006
February 17, 2014, 03:06:44 AM
#89
Any idea how much longer the IPO will last?

edit: I'd like to purchase more shares if a couple things are cleared up.  Cryptsy is aiming to raise $1M in capital in order to comply with US regulations to become a fiat exchange, while we are looking for ~$75k.  Is this because of different regulations in Belize?  How accurate do you believe this ~$75k figure to be?  Could you go into more detail about this?
Yes this is because belize IFSC requirements:
Trading in financial and commodity-based derivative instruments and other securities (e.g. interest rates, foreign exchange instruments, shares, stock, contracts for differences etc).: Minimum paid-up and unimpaired capital required of US $100,000
or
Money exchange: Minimum paid-up and unimpaired capital required of US $75,000
full member
Activity: 182
Merit: 100
February 17, 2014, 02:04:29 AM
#88
In the share profit calculator, the default estimated total profit/month is 20 BTC.
What do you think? Is it realistic? Too low or too high?

The profit calculator is just a theoretical projection based on how much attention and volume you think it might get. more volume= more profit. No one one here can predict the future so no one can tell you this is realistic. The calculator is for imagination lol.... if alcurEX can get btc-e, coinbase, cryptsy volume the profits will be worth it
sr. member
Activity: 294
Merit: 250
February 17, 2014, 12:56:54 AM
#87
In the share profit calculator, the default estimated total profit/month is 20 BTC.
What do you think? Is it realistic? Too low or too high?
sr. member
Activity: 322
Merit: 250
February 16, 2014, 11:52:37 PM
#86
But, if shares collect over 100,000USD, they can start USD fiat markets on the launch, and this may increase share value.
So, if they can collect around 100K USD and start offering fiat markets on the launch, I will value this company higer.

At the current price we need to buy 161k of shares in order to get $100k.

I guess we should keep buying then. The deadline for the IPO is at the end of February.
So with the current number of shares, I believe an optimistic estimate might be ~4 months before they can consider trading fiat, assuming it does cost $100k and all revenues are dedicated towards that and there are no obstacles.  
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
February 16, 2014, 07:42:31 PM
#85
But, if shares collect over 100,000USD, they can start USD fiat markets on the launch, and this may increase share value.
So, if they can collect around 100K USD and start offering fiat markets on the launch, I will value this company higer.

At the current price we need to buy 161k of shares in order to get $100k.

I guess we should keep buying then. The deadline for the IPO is at the end of February.
sr. member
Activity: 322
Merit: 250
February 16, 2014, 05:13:23 PM
#84
Any idea how much longer the IPO will last?

edit: I'd like to purchase more shares if a couple things are cleared up.  Cryptsy is aiming to raise $1M in capital in order to comply with US regulations to become a fiat exchange, while we are looking for ~$75k.  Is this because of different regulations in Belize?  How accurate do you believe this ~$75k figure to be?  Could you go into more detail about this?
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