Topic: [BITCOINBOURSE.EU/BICOINBURZA.COM] IPO SYSTEM SHARES - page 2. (Read 5236 times)

Get rid of the .com domain name. Domain of one of you competitors was stolen by the US agency as part of war against Liberty Reserve. Use .sk, SK-NIC is so incompetent that stealing of that would take years

- legal issues. if there is any situation, that we have to change the model due to some authority´s threats. Still, system share is not company share, there is not obligations to anything. But as I work for a company which incorporates in various countries, we would prefer to move the company very quickly and keep the system running like is planned if something like that happens. Still, we do not work with fiats at all, our system is bitcoin long, not effected by fiat money so much, only costs are in some parts in fiats for a hosting, advertising, programming.
- offer to buy company. If there is any offer to take over our business, probably we will be not able to sell the company with that share system. Still, we didn´t think about it at all, just an option in long term view.


50% of system shares are held by investors. We have to pay the costs from the remaining 50% of income. So, the investors get paid always, even the company is in a loss. It is highly probable, that we will be several weeks or months in the red numbers. Our dividend system is not based on a profit, but on revenue.

About those topics... Markus is not so good in English, like you are probably not so good in French or German. And he is mostly into technical stuff, not financial. So sometimes it is pretty hard for those technical people to stay the course with investors, especially when it is in foreign language. That mistake will never happen again, I will speak about financial and investments. English is not my native language as well, so probably I will do some mistakes from time to time. It doesn´t mean that non-native English speakers are scammers. Are there any scammed user of bitcoin card? I guess no, but it is a habit to make everybody scammer or liar on this /and other/ forum. On the other side, like an investor I understand it, as I hate to be scammed too. So there is still a place for tought questions and doubts. Never fall in love with any share or business.

If I understand correctly, you will pay out all earnings from fees to the shareholders. (0.001% * 100,000 = 100%) Then how are you going to pay for running the site? Are you planning on other forms of income or are you going to pay for it from your own share?

EDIT:

A quick search for "The bitcoin company" gives this https://bitcointalksearch.org/topic/the-bitcoin-company-bitcoin-card-and-my-correspondence-w-them-via-email-255873 which leads to https://bitcointalksearch.org/topic/searching-for-investors-the-bitcoin-company-189119
I guess I'll pass on this one.

Under what conditions will a forced buyback be allowed? I think you should specify conditions when it can be done. Not only at what price.

Yes, Markus will take care of all testing, we should have all ready this month, so we will spend all September just with testing and language mutations.

System is similar to bitcoin.de, but it is not limited for German market, limited amount of funds traded a year, month etc. If you noticed, a lof of changed when bitcoin.de "merged" with Fidor Bank. We would like to create the biggest European system, later expand to Russia and ex-USSR plus Middle East countries. We have a lot of plans for future, but it is not right time to show our cards yet, first step is what we wrote in prospectus.

Very interesting. But biggest problem of bitcoin exchanges has been security, and the statement "it's programmed in PHP" does not instill confidence in this area. Was the system built or at least reviewed by known expert, with quality penetration tests? For example, in Slovakia http://digmia.com/ offers such services, and it's led by bitcoin enthusiast.

EDIT: I see Markus Weiler fits this role, misread it at first. And a question: How it is different or improved from bitcoin.de?

http://thebitcoincompany.co.uk/index.php/en/component/users/?view=login
here is the link for registration for the IPO shares... formular is frozen till 15.8.2013 - 20:00 of Central European time /format for non-Europeans - 8.15.2013, 8PM/

www.bitcoinbourse.eu            

BITCOIN BOUSE/ is new trading system developed by French Bitcoin SARL

Trading system works like a secure escrow service, where Bitcoin Bourse/ holds and freezes bitcoins until successful transaction is finished between seller and buyer. Each user gets temporary bitcoin address to fund his account with bitcoins. User can sell his coins to any user, who accepts his ASK rate, or to any user whom BID rate seller accepts.

Transaction could be done by following ways:

1.   When buyer accepts the ASK rate, he sends money from his bank account to the seller. When seller confirms the receipt of money, buyer receives bitcoins from our trading system to his account.  Or when seller accepts the BID rate of buyer, buyer sends his money to the bank account of the seller.

2.   Buyer and seller can do the transaction in person. This means that buyer or seller can search for a person from his area. If they find one and accept the rate, trading system will freeze bitcoins, buyer and seller meet in person and exchange money for bitcoins. After confirmation of transaction bitcoins are sent to the buyer account.

Trading system has not any trading fees for buying and selling of bitcoins. Trading system generates income from funding the account and from the payout of the funds. There is a fee of 1% of the bitcoins deposit into the escrow and 1% fee from the payout of bitcoins from escrow. Total there is 2% fee of deposit and payout of bitcoins into trading system.

SYSTEM SHARES IPO

BITCOINBOURSE/ offers investors exclusive right to participate from the system fees.
IPO of the system shares will start on 15.8.2013 at 20:00 CET /Central European time/. There are 100.000 system shares. 50.000 shares are held by Bitcoin SARL , 50.000 shares is available for investors.
IPO price of system share is 0.1BTC for the first 10.000 shares. Early birds can buy only 10.000 system shares for this price. When the first 10.000 shares are sold, the price of the remaining 40.000 shares is 0.15BTC. IPO will end when all the shares are sold, at the latest when the trading system officially starts on 1.10.2013. Unsold shares will be kept by issuer and could be sold later for the market price. 50.000 shares hold by Bitcoin SARL and World Assets s.r.o., will be not sold during the first year of the existence of BITCOINBOURSE/BITCOINBURZA.
System share has the right for a weekly dividend of 0.001% of the system fees. Every Sunday at midnight trading system counts all the fees obtained in the last week and pays a dividend of 0,001% for every system share.
System shares can be freely trade within BITCOINBOURSE/ trading system for bitcoins or €. Pass-through system shares issued on other exchanges are not possible without written consent of BITCOINBOURSE/.

SYSTEM SHARE BUYBACK
BITCOINBOURSE/ has right to buy back system shares. To eliminate any doubts and speculations, shares are bought on the open market for the market price. Forced buyback of shares can be done for average daily closing price of system shares during the last month before forced buyback.

PRELIMINARY ESTIMATES OF DIVIDENDS
Trading system of BITCOINBOURSE/ has ambitions to become a major player in the market of buying and selling of bitcoins. Although it is difficult to estimate future income and financial projections, we prepared variants of the distribution of dividends based on the estimated turnover:
 
Weekly turnover         2% fee           Dividend per share        Annual return (52 weeks)           Annual return (%)
           10 BTC              0.2 BTC             0.000002 BTC                     0.000104 BTC                          0.104%
         100 BTC                 2 BTC               0.00002 BTC                      0.00104 BTC                            1.04%
       1000 BTC                20 BTC                0.0002 BTC                        0.0104 BTC                            10.4%
     10000 BTC               200 BTC                 0.002 BTC                          0.104 BTC                             104%
   100000 BTC              2000 BTC                   0.02 BTC                            1.04 BTC                           1040%                


PROMOTION

Trading system will have very strong and intense promotion and advertising. BITCOINBOURSE/ will be promoted by following channels:
-   BitcoinAffiliate Network  «TheBitcoinAffiliate.com », over 1.500.000 banner views in July 2013 and over 500 active Bitcoin related affiliates.
-   New´s website TheBitcoinNews   «TheBitcoinNews.co.uk », over 700.000 visits in July 2013
-   PPC and PPV advertising on google, facebook, bing, twitter etc.
-   Related websites, printed magazines and forums for bitcoins and crypto currencies
-   An event presentation throughout Europe focused on alternative investment, bitcoin and economy

TECHNICAL DETAILS
Trading system is programmed in PHP and will be hosted by Incloudibly – professional DDoS protected web hosting solutions from Switzerland. We will later launch application for smartphones.
There will be multiple languages on the website to help everybody to select preferred language version. We prepare from the start following language versions: English, German, French, Czech, Slovak, Hungarian and Polish. Later we will add Spanish and Italian version and other languages will follow.

VISION
We would like to present competitive, secure and highly professional solution for buying and selling of bitcoins, especially in Europe. There is a plenty of potential for future growth and we would like to be helpful with the general adoption of virtual currencies. Although it is premature to estimate income for the several months after the launch of the system, we would like to get weekly turnover over 1.000 BTC till the end of 2013 and 10.000 BTC per week till the summer 2014. During the second year of existence we would like to get on 100.000 BTC and more in the next years.

MANAGEMENT
Markus Weiler has more than 15 year of experiences in various internet businesses. Currently living on French Côte d'Azur, Markus was involved many years in credit card and payment processing. He is skilled and experienced in website development (PHP, AJAX, MYSQL, LINUX) and search engine optimization (SEO). He has several years of experience in trademark and copyright issues and is active bitcoin investor, trader and consultant. He is leading a growing company offering bitcoin payment cards – www.thebitcoincard.co.uk.



CONTACT:
[email protected]