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Topic: [HAVELOCK] Crypto Financial (CFIG) Official Thread - page 5. (Read 68711 times)

sr. member
Activity: 322
Merit: 250
Hopefully less than two weeks until launch...

Ahh! "Two Weeks(tm)"

Well we're aiming for the 31st but I didn't want to say that and then be wrong.
sr. member
Activity: 378
Merit: 254
Hopefully less than two weeks until launch...

Ahh! "Two Weeks(tm)"
sr. member
Activity: 322
Merit: 250
Hopefully less than two weeks until launch...
sr. member
Activity: 378
Merit: 254
...An awful lot has been done behind the scenes...

I'm sure they will be revealing it within a month.

*clik* *clik* PA-BA-BA BAAP!
I'm in with the in crowd
And I know what the in crowd knows
Any time of the year, don'tcha hear?
Dressin´ fine, makin' time
 
 We breeze up and down the street
 We get respect from people we meet
 They make way day or night
 They know the in crowd is OUTA SIGHT!



How's UK's premiere exchange and casino comin' along, Mister Dunne?
sr. member
Activity: 322
Merit: 250
It seems like we always wait for the reveal and have to ask for updates. What happened to monthly updates, is that too much to ask?

I think the next reveal will probably be "we are live"
sr. member
Activity: 373
Merit: 250
It seems like we always wait for the reveal and have to ask for updates. What happened to monthly updates, is that too much to ask?
sr. member
Activity: 322
Merit: 250
We are fast approaching one year since Crypto Financial IPO'd. Other than the free Wix.com website at https://www.cryptocapital.co/, is there anything else of substance CFIG can show for progress? Any reason why CFIG took in millions of dollars worth of Bitcoin and decided to not spend any of that on a professionally done website to brand their new business?






An awful lot has been done behind the scenes...

I'm sure they will be revealing it within a month.
hero member
Activity: 617
Merit: 559
We are fast approaching one year since Crypto Financial IPO'd. Other than the free Wix.com website at https://www.cryptocapital.co/, is there anything else of substance CFIG can show for progress? Any reason why CFIG took in millions of dollars worth of Bitcoin and decided to not spend any of that on a professionally done website to brand their new business?







sr. member
Activity: 373
Merit: 250
Any news to report?
member
Activity: 60
Merit: 10
Their banking is already functioning - being using it a couple of weeks. They use Global Transaction Services solution at least for European part, which comes out a bit expensive (6 eur inward, 15 eur outward). Personal IBAN is a plus, though.
sr. member
Activity: 362
Merit: 250
So when is the launch planned?
sr. member
Activity: 322
Merit: 250
MrWDunne: That's an interesting perspective.

I notice you have counterwallet in your sig.

Is your cfig platform exchange going to include an xcp tie in? I rather hope so! Smiley
Potentially, but not definitely. Certainly not a priority but is on the agenda. If its not available at launch it will be available in the future.

I believe it deserves a lot more hype than say coloredcoins do
newbie
Activity: 20
Merit: 0
MrWDunne: That's an interesting perspective.

I notice you have counterwallet in your sig.

Is your cfig platform exchange going to include an xcp tie in? I rather hope so! Smiley
sr. member
Activity: 322
Merit: 250
My own particular view on the matter is that the service this company provides is in reality an exchange. Investing in this company is not really investing in the services they provide, but investing in the exchanges that use the service. That seems like a very valuable thing.

As for what they will achieve, I have high hopes. They handle all the regulation and finances, and the exchanges provide the customer experience.

As for your point on CFIG vs Bitcoin vs Dollar, I think its a simplified view.

This is a BTC denominated security, and their profits will directly be affected by the price of BTC. It should scale perfectly.

newbie
Activity: 20
Merit: 0
Does anybody have any idea if CFIG, or havelock escrow, holds any of the IPO funds in bitcoin?

Given the recent price rise, and overall bullish upturn in the market, this is probably quite material in terms of both salvage value (in case of bad outcome) and runway/lift speed, in good scenario.

I suppose we will know for certain when CFIG publishes its next quarterly statement.

The next milestone will be when the first exchange goes live, and

https://www.cryptocapital.co/#!exchanges/c1df1

starts filling out.

Overall, I view CFIG as a bitcoin hedge, and also sort of a bet on the crypto ecosystem in general as opposed to bitcoin specific.

So, in a success scenario with both bitcoin taking over the world and CFIG succeeding as an enterprise, I would expect CFIG to do quite well for outperforming the dollar but not beating bitcoin in terms of absolute returns.  On the other hand, if something changes in the bitcoin story and another altcoin or altcoins mounts a credible market share grab, investing in something like CFIG will make a lot of sense.

I expect institutional investors interested in grabbing some crypto market share without exposing themselves to the full volatility of bitcoin might see it that way as well, so we could see the company traded on a mainstream stock exchange alongside bitcoin etf etc, as sort of core crypto portfolio company.

The main downside risk is technical and regulatory of course.

That 8 second load time is kind of a canary in the coal mine for me. And as others have brought up, it's not clear if the "offload your aml/kyc" strategy and foster a lot of mid size exchanges can get traction, let alone be legal in enough places.

Is bitstamp + btc-e + coinbase + circle going to have 95% of market share in five years? If the answer is yes, then CFIG is pretty much uninteresting.

But if we see a broad ecosystem of mid size exchanges with low founding costs, collaborating in a federated system, then there's a pretty good chance that CFIG was the pioneer of that particular model and has first mover advantage in a significant global market trend.

So, it's a hedge that could become a ten or hundred bagger I suppose.
sr. member
Activity: 322
Merit: 250
So how did this end? Anyboduy invested?
They raised a considerable amount of money literal months ago. This was just the latest announcement, and a fairly significant one at that.
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
So how did this end? Anyboduy invested?
sr. member
Activity: 322
Merit: 250
It's not just investors, it's customers.

It's the main site.

Pre launch, so its mainly for investors. I doubt they have any customers at the moment with exception to the beta testers.
newbie
Activity: 20
Merit: 0
It's not just investors, it's customers.

It's the main site.
sr. member
Activity: 322
Merit: 250
Seems like the load time of a pre launch site for investors is relatively insignificant.
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