the BTC space is in peril.
That's a bit dramatic. I think the bitcoin-based securities space for US residents is in peril. This is hardly a bitcoin issue.
Topic: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading - page 26. (Read 129419 times)
October 08, 2013, 03:49:59 PM
That's a bit dramatic. I think the bitcoin-based securities space for US residents is in peril. This is hardly a bitcoin issue.
October 08, 2013, 03:47:35 PM
yes, i am absolutely fucking floored by the news as well.
the BTCspace is in peril.
the greater public doesn't know this yet. it hit reddit twice already though.
but seriously, ?!
Green
the BTCspace is in peril.
the greater public doesn't know this yet. it hit reddit twice already though.
but seriously, ?!
Green
October 08, 2013, 03:44:58 PM
The US is just protecting its citizens.
October 08, 2013, 03:40:51 PM
WHAT THE FUCK?
nice fucking ambush.
the bitcoin space is full of deceit and flaky bullshit.
nice fucking ambush.
the bitcoin space is full of deceit and flaky bullshit.
Quote
Important Notice (October 8th, 2013):
Please be advised that BitFunder is implementing the following rules and procedures:
As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.
As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.
All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.
Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.
All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.
BitFunder appreciates your understanding in these matters as we move forward.
Sincerely,
BitFunder
Please be advised that BitFunder is implementing the following rules and procedures:
As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.
As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.
All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.
Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.
All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.
BitFunder appreciates your understanding in these matters as we move forward.
Sincerely,
BitFunder
October 02, 2013, 03:38:27 PM
Did Sam from Labcoin contact Ukyo like he said he would do 2 days ago? I doubt it....
September 30, 2013, 10:01:14 PM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
If so, what is your reasoning?
I am not invested in Labcon, I glanced at it some time back and was never impressed enough to pursue it further. Maybe I missed out on riding the bubble up, but I find it is safer to avoid bubbles entirely.
About them listing on BitFunder: I see no more reason to exclude them than any of the other shady investment schemes. We are all grown ups, just because something is listed on BitFunder does not mean you have to buy it.
True, we all need to make our own decisions and if Labcoin was just starting out having them listed on BitFunder would be just fine. They have however broken clauses in the prospectus and have made announcements with set dates that they have not met and may never meet. Due to them setting deadlines and missing them and violating the shareholder agreement they should not be listed on BitFunder.
September 30, 2013, 03:40:27 PM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
If so, what is your reasoning?
I am not invested in Labcon, I glanced at it some time back and was never impressed enough to pursue it further. Maybe I missed out on riding the bubble up, but I find it is safer to avoid bubbles entirely.
About them listing on BitFunder: I see no more reason to exclude them than any of the other shady investment schemes. We are all grown ups, just because something is listed on BitFunder does not mean you have to buy it.
Nobody claimed we'd be forced buy LABscam simply because BF listed it. What a silly strawman!
LAGcoin stole $3 million from clueless amateur investors, and bringing that shitstorm of liability to Bitfunder increases regulatory risk for all other asset issuers/buyers.
Scaring potential/existing BF customers away by listing scams also negatively effects the exchange and its users.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
September 30, 2013, 08:29:58 AM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
If so, what is your reasoning?
I am not invested in Labcon, I glanced at it some time back and was never impressed enough to pursue it further. Maybe I missed out on riding the bubble up, but I find it is safer to avoid bubbles entirely.
About them listing on BitFunder: I see no more reason to exclude them than any of the other shady investment schemes. We are all grown ups, just because something is listed on BitFunder does not mean you have to buy it.
September 30, 2013, 07:46:32 AM
Gimme your login credentials and I'll help you 
I wouldn't suggest it.
So what would you suggest ? Tor not working, and I don't feel like buying a VPN ( not sure it's gonna work, tried hotspot shield and didn't work ) just for using weexchange.
September 30, 2013, 06:01:38 AM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
It's Ukyo's call, it's non of your business.If so, what is your reasoning?
It's between me and the individuals i was addressing - 'anybody not invested in Labcoin'. I value their objective opinions.
September 30, 2013, 05:58:16 AM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
It's Ukyo's call, it's non of your business.If so, what is your reasoning?
September 30, 2013, 05:36:57 AM
Gimme your login credentials and I'll help you
I wouldn't suggest it.
September 30, 2013, 05:20:41 AM
Is now censured* sorry about that. Thanks for the proof reading
Gimme your login credentials and I'll help you
September 30, 2013, 04:38:35 AM
Is there anybody not invested in Labcoin that actually believes it's a good idea that they be allowed on BF?
If so, what is your reasoning?
If so, what is your reasoning?
September 28, 2013, 12:29:09 PM
Is now censured* sorry about that. Thanks for the proof reading
What about TOR or VPNs? Doesn't that work?
September 28, 2013, 10:45:41 AM
Is now censured* sorry about that. Thanks for the proof reading
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
September 28, 2013, 06:53:37 AM
Hi Ukyo,
Weexchange worked well but is not censured in China. Is there any idea on how to get funds out of BF for people living in China or is it a lost cause ?
Weexchange worked well but is not censured in China. Is there any idea on how to get funds out of BF for people living in China or is it a lost cause ?
If it is not censured then what is the problem? Or are you saying that it is censured?
September 28, 2013, 03:54:18 AM
Hi Ukyo,
Weexchange worked well but is not censured in China. Is there any idea on how to get funds out of BF for people living in China or is it a lost cause ?
Best,
Dropthebass
Weexchange worked well but is not censured in China. Is there any idea on how to get funds out of BF for people living in China or is it a lost cause ?
Best,
Dropthebass
September 27, 2013, 02:07:18 PM
Please do allow it unless you have good evidence of that. There are people on the Labcoin thread claiming that btc-tc was brought down singularly because it hosted Labcoin, and spreading rumors that are harmful to bitcoin generally. If they are lying to destroy a security, then letting them win will encourage such behavior in the future.
Let me phrase it this way: I've never seen so many attempts (dozens of sockpuppets, faked announcements, man in the middle attacks etc.) to create an effect on the market. Labcoin has both operational as well as technical problems, but I'm pretty sure it's no full blown scam.
I don't think they are a scam but they do mislead their investors and there is the potential that an amatuer investor was burned by Labcoin, went to the SEC and started an investigation. Any security that lies to its shareholders should not be listed scam or no scam. Report honest news or don't report news at all. Lying ruins it for everyone.
Im not trying to manipulate the market, I just don't want to see BitFunder go the way of BTC-TC.
September 27, 2013, 01:36:11 PM
Please do allow it unless you have good evidence of that. There are people on the Labcoin thread claiming that btc-tc was brought down singularly because it hosted Labcoin, and spreading rumors that are harmful to bitcoin generally. If they are lying to destroy a security, then letting them win will encourage such behavior in the future.
Let me phrase it this way: I've never seen so many attempts (dozens of sockpuppets, faked announcements, man in the middle attacks etc.) to create an effect on the market. Labcoin has both operational as well as technical problems, but I'm pretty sure it's no full blown scam.
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