[BitFunder] Asset Exchange Marketplace + Rewritable Options Trading - page 7.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: crumbs on November 04, 2013, 04:55:08 PM

I have warned you dozens of times, using logic, reason, and wasting thousands of keystrokes -- you chose to ignore the warnings.
Perhaps this modified aversion therapy will make some sort of an imprint.
It worked on Pavlov's dogs, though those were smart & eager to learn.
We'll see how things hash out here.

Me too.
I was so tired to repeat again and again for months how unstable bitfunder was, that I'm tempted to be happy if anybody who didn't listen gets screwed now.

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: molecular on November 05, 2013, 07:37:32 AM

Quote from: ffwong on November 05, 2013, 07:19:47 AM

Quote from: molecular on November 05, 2013, 06:53:36 AM

weexchange: "Could not connect to 2nd stage server."

what is this crap. Seems to have been going on for days.

Get you shit together and facilitate a smooth exit, please.

Me too. It is really crap as a money exchanger.

I just hope they have the money.

I just hope they do not touch our BTC ......

molecular

donator

Activity: 2772

Merit: 1019

Quote from: ffwong on November 05, 2013, 07:19:47 AM

Quote from: molecular on November 05, 2013, 06:53:36 AM

weexchange: "Could not connect to 2nd stage server."

what is this crap. Seems to have been going on for days.

Get you shit together and facilitate a smooth exit, please.

Me too. It is really crap as a money exchanger.

I just hope they have the money.

ffwong

member

Activity: 102

Merit: 10

Quote from: molecular on November 05, 2013, 06:53:36 AM

weexchange: "Could not connect to 2nd stage server."

what is this crap. Seems to have been going on for days.

Get you shit together and facilitate a smooth exit, please.

Me too. It is really crap as a money exchanger.

molecular

donator

Activity: 2772

Merit: 1019

I think it's time to start supporting p2p type exchange architectures like the ngccc (colored coins) Project... they need help and I bet money helps, too.

We can't complain if we don't help.

molecular

donator

Activity: 2772

Merit: 1019

weexchange: "Could not connect to 2nd stage server."

what is this crap. Seems to have been going on for days.

Get you shit together and facilitate a smooth exit, please.

madmax_ger

sr. member

Activity: 448

Merit: 250

Oh well, that clarifies why Ukyo didn't respond to my support ticket about how to get verified
when dealing with wrong personal data originally when creating the BF account.

But I cant trade anything as an unverified user and now it's out of my hands what happens to
my valued shares.

Ukyo, you did provide a good exchange. But you are ruining a lot of peoples money now.

Pompobit

hero member

Activity: 736

Merit: 508

We all want to know it. In the mean time, before the things are fixed, should be fine to get the bitcoins stucked back in the bitfunder accounts, so we could take advantage of the last days of trading

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Does anyone knows when we can withdraw our BTC from Weexchange?

thy

hero member

Activity: 685

Merit: 500

Quote from: kuriboh on November 04, 2013, 05:56:08 PM

So, with no btct and no bitfunder what other options we have?

Havelock if they are able to continue there business now with there move to Panama.

And then we have Cryptostocks, im not a huge fan of how Kumala, Cryptostocks owner and Vircurex majority owner has treated the minority owners in Vircurex, but i guess Cryptostocks will probably be the last of the BTCstockexchanges to still stand. They will probably not get affected by any actions SEC or any other USA based government organization can take.

pascal257

sr. member

Activity: 493

Merit: 262

Quote from: VinceSamios on November 05, 2013, 05:43:45 AM

Ok I'm throwing my prediction in the ring.

I suspect WeEx is becoming a KYC provider for bitcoin businesses.... it would make so much sense... Get loads of people verified before shutting down bitfunder, now weex will become "the focus" however we can't see anything unique being offered by weex... It would be a smart positioning...

Compared to other exchanges WeExchange is a piece of garbage. Its sole purpose is the use with BitFunder. If with user verification it adds no benefit whatsoever.

VinceSamios

sr. member

Activity: 448

Merit: 250

Ok I'm throwing my prediction in the ring.

I suspect WeEx is becoming a KYC provider for bitcoin businesses.... it would make so much sense... Get loads of people verified before shutting down bitfunder, now weex will become "the focus" however we can't see anything unique being offered by weex... It would be a smart positioning...

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: moribana on November 05, 2013, 05:16:27 AM

You certainly read a lot in many different languages if you can claim this

Most countries have this information available in English. Not that it matters, the capital market is a global one and regulations and the underlying principles are pretty similar all over (mostly because its based on common sense).

Quote

Even if this is true, fortunately there are not many other countries that want to enforce their laws all over the world, like the US.

No, but what people dont understand is that these regulators are not there to put domestic or foreign fraudsters in jail or out of business, but they are all mandated to protect their domestic investors from abuses, be it domestic or foreign. Not all of them may take this quite so seriously or have the means that the SEC has, but if your business model depends on regulators all over the world not caring that you break their laws, then Id suggest you rethink your business model.

moribana

full member

Activity: 167

Merit: 100

Quote from: Puppet on November 05, 2013, 03:46:44 AM

Quote from: thecoinjournal on November 05, 2013, 03:31:19 AM

If the Canadians are running an exchange in Panama and excluding all the US investors, I don't see what the business of SEC of US.

And even if you can get the SEC of your back, that only leaves you in violation of security and exchange commission regulations in just about every other country in the world.

You certainly read a lot in many different languages if you can claim this

Even if this is true, fortunately there are not many other countries that want to enforce their laws all over the world, like the US.

shmoula

sr. member

Activity: 304

Merit: 250

a little bit of conspiracy: exchanges are closed, because there is need to have decentralized exchange. bitcoin is product of some us&a intelligence service and they need community to continue development more

ffwong

member

Activity: 102

Merit: 10

Quote from: BitThink on November 05, 2013, 04:07:21 AM

Quote from: thecoinjournal on November 05, 2013, 03:31:19 AM

Quote from: Puppet on November 05, 2013, 03:28:06 AM

Quote from: pheaonix on November 04, 2013, 08:49:44 PM

i wonder how havelock can continue easily.

They cant. Its only a matter of time.

If the Canadians are running an exchange in Panama and excluding all the US investors, I don't see what the business of SEC of US.

If I am not wrong, one of ex-presidents of Panama was put in jail by US army (many years ago). I know it's not relevant, just think it is interesting.

That is the truth. Your memory is correct.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: thecoinjournal on November 05, 2013, 03:31:19 AM

Quote from: Puppet on November 05, 2013, 03:28:06 AM

Quote from: pheaonix on November 04, 2013, 08:49:44 PM

i wonder how havelock can continue easily.

They cant. Its only a matter of time.

If the Canadians are running an exchange in Panama and excluding all the US investors, I don't see what the business of SEC of US.

If I am not wrong, one of ex-presidents of Panama was put in jail by US army (many years ago). I know it's not relevant, just think it is interesting.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: thecoinjournal on November 05, 2013, 03:31:19 AM

If the Canadians are running an exchange in Panama and excluding all the US investors, I don't see what the business of SEC of US.

Blocking direct US investors is an important step, but probably not enough:

In our view, an exchange generally would be considered to have taken steps reasonably designed to prevent U.S. persons from accessing the market through its Web site if it:

Posts a disclaimer on the Web site affirmatively stating either the countries in which the exchange's services are directly available, or that the exchange's services are not directly available to U.S. persons;
Requires potential members or direct participants in the exchange to state their residence and mailing address;
Refuses to allow trading on the exchange through the Web site by any person that the exchange has reason to believe, or that indicates it, is a U.S. person; and
Refrains from making arrangements to provide U.S. persons with access to the exchange over the Internet indirectly through its members. 59

http://www.sec.gov/rules/interp/33-7516.htm

You'd have to block all "pass through" operators too, not an easy task.

And even if you can get the SEC of your back, that only leaves you in violation of security and exchange commission regulations in just about every other country in the world.

Fabrizio89

hero member

Activity: 924

Merit: 1000

Quote from: Puppet on November 05, 2013, 03:28:06 AM

Quote from: pheaonix on November 04, 2013, 08:49:44 PM

i wonder how havelock can continue easily.

They cant. Its only a matter of time.

A Private Investment Company that has been in business since 2008 acquired Havelock, so they are safe. By the end of the week there will be an "about us" page for Havelock posted on the site:
http://www.supervalores.gob.pa/files/Sociedades/Sociedades_Inversion_Privada_DRA.pdf

moribana

full member

Activity: 167

Merit: 100

Quote from: thecoinjournal on November 05, 2013, 03:31:19 AM

Quote from: Puppet on November 05, 2013, 03:28:06 AM

Quote from: pheaonix on November 04, 2013, 08:49:44 PM

i wonder how havelock can continue easily.

They cant. Its only a matter of time.

If the Canadians are running an exchange in Panama and excluding all the US investors, I don't see what the business of SEC of US.

I think that Bitfunder was also not US based. And still it had to be closed for some reason...

Topic: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading - page 7. (Read 129487 times)