[IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 106.

N_S

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Quote from: crumbs on December 08, 2013, 11:40:16 AM

Care to point to the post where this is stated?

Sure:

Quote from: cryptocyprus on December 07, 2013, 06:25:22 AM

Quote from: 101111 on December 07, 2013, 06:04:08 AM

Danny thanks for stepping in to help. When will we find out what happened to our coins, surely you already know?

No problem for stepping in.

Yes I do know, but I am bound not to make this information public at this moment in time.

crumbs

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Quote from: N_S on December 08, 2013, 11:37:40 AM

...
We've been told there are legal documents in place that prohibit Danny from explaining more...

Care to point to the post where this is stated?

N_S

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Quote from: velacreations on December 08, 2013, 11:32:29 AM

Again, I ask Danny to give us a proper update that explains the details of this deal. In a typical, non bitcoin, business a deal like this could not be made without shareholder approval first. All we are asking for are details that were promised to us.

Keep in mind that when you purchased shares, you did so acknowledging that those shares did not come with voting rights. In other words, they don't need shareholder approval.

We've been told there are legal documents in place that prohibit Danny from explaining more. What do you expect him to do? Violate those?

crumbs

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Quote from: N_S on December 08, 2013, 11:26:17 AM

Quote from: crumbs on December 08, 2013, 11:23:11 AM

The bank bailout was awesome PR for the Treasury. Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

How would you describe it? Compare & contrast.

N_S

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Quote from: velacreations on December 08, 2013, 11:29:57 AM

The fact that they are adding cost to NeoBee (time and possibly funds), without a clear route to financial gain is a huge red flag.

Please note that this is a major assumption. Danny is, after all, a business man. Why don't we wait and see if it's coming at a sunk cost. At this stage, we can't say it is or isn't.

velacreations

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Quote from: N_S on December 08, 2013, 11:26:17 AM

Quote from: crumbs on December 08, 2013, 11:23:11 AM

The bank bailout was awesome PR for the Treasury. Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

how do you know? where can I see the details of the deal, what is contained, what the roles are, etc?

Danny said there were no coins, but then he says everyone is going to get their coins. So, where do these nonexistent coins come from?

Again, I ask Danny to give us a proper update that explains the details of this deal. In a typical, non bitcoin, business a deal like this could not be made without shareholder approval first. All we are asking for are details that were promised to us.

N_S

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Quote from: ?? on ??

Quote from: N_S on December 08, 2013, 11:16:11 AM

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

Not "people", but investors who made bad decisions and should not be rewarded for it.
Let me guess, you too have money tied up in ButtFondler.

Quote

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

Not going to happen.

I've said this before - I have ZERO money on BitFunder.

I don't think I can really string up the userbase of BitFunder as having made "bad decisions" or not being entitled to money they had tied up there.

Also, helping credibility is just "not going to happen"? Oh, well I guess that's that then.

velacreations

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Quote from: N_S on December 08, 2013, 11:16:11 AM

Quote from: ?? on ??

As for myself I invested in Neo & Bee thinking that this was good for Bitcoin and want its success more than actually profiting. Its success will also be probably a factor of future bitcoin price increases.
I still fail to understand what is going on now. Unless by wider perspective you mean goatse.

I see the benefits mainly as:

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

those benefits have to be compared with the situation of NeoBee just focusing on their own success, instead. The fact that they are adding cost to NeoBee (time and possibly funds), without a clear route to financial gain is a huge red flag. If they didn't get involved, and instead focused on getting more business and profits for NeoBee, they would also gain significant trust and positive press.

Positive press doesn't pay the rent, btw.

N_S

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Quote from: crumbs on December 08, 2013, 11:23:11 AM

The bank bailout was awesome PR for the Treasury. Won you over, huh?

crumbs, I have news for you: this isn't a bank bailout nor is it remotely similar.

crumbs

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Quote from: N_S on December 08, 2013, 11:16:11 AM

Quote from: ?? on ??

As for myself I invested in Neo & Bee thinking that this was good for Bitcoin and want its success more than actually profiting. Its success will also be probably a factor of future bitcoin price increases.
I still fail to understand what is going on now. Unless by wider perspective you mean goatse.

I see the benefits mainly as:

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

The bank bailout was awesome PR for the Treasury. Won you over, huh?

N_S

full member

Activity: 238

Merit: 100

Quote from: ?? on ??

As for myself I invested in Neo & Bee thinking that this was good for Bitcoin and want its success more than actually profiting. Its success will also be probably a factor of future bitcoin price increases.
I still fail to understand what is going on now. Unless by wider perspective you mean goatse.

I see the benefits mainly as:

1.) You get people their money back. This has wider implications on the reputation of bitcoin-related ventures going forward.

2.) The positive press would be beneficial for Neo & Bee and used as a evidence of credibility.

velacreations

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Activity: 476

Merit: 250

Quote from: Fabrizio89 on December 08, 2013, 10:09:42 AM

You should look at things with a wider perspective then.

I didn't invest with perspective, I invested with money.

Success of NeoBee will do far more for the reputation of Bitcoin that a BF bailout will. That's what Danny should focus on, and that's what we, as shareholders, paid for.

Fabrizio89

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Quote from: velacreations on December 08, 2013, 09:26:48 AM

To me it looks like Neo shareholders are not really getting anything out of this. Maybe Danny can clear up that point, what do we get out of it (financially speaking). I don't care about the public perception of bitcoin in regards to a failed exchange, and if that's the reward, then it certainly isn't worth Neo's time and effort.

You should look at things with a wider perspective then.

velacreations

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Quote from: camu6 on December 08, 2013, 10:02:09 AM

Quote from: velacreations on December 08, 2013, 09:26:48 AM

At the end of the day, the best way to shore up the trustworthiness of Bitcoin is not through BF bailouts, it's through a successful Neo operation.

I totally agree. And if the BF bailout adds anything to the success of Neo, it just has to be better presented to us shareholders.

yeah, I'm disappointed in the communication from Danny on this issue. I think the majority of shareholders have been more than patient, and we have been promised a proper explanation, but have yet to receive it. It's time to show the money behind this operation how getting involved with a toxic asset is going to benefit us.

camu6

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Quote from: velacreations on December 08, 2013, 09:26:48 AM

At the end of the day, the best way to shore up the trustworthiness of Bitcoin is not through BF bailouts, it's through a successful Neo operation.

I totally agree. And should the BF bailout add anything to the success of Neo, it just has to be better presented to us shareholders.

velacreations

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Danny, we need a better explanation of what is happening with BF/WeEx. Many shareholders are concerned about your involvement and the "solution", as you say there are no bitcoins at BF/WeEx, but then you claim people will be getting their money back.

I agree with this sentiment, as a shareholder. I want Neo & team to be working on ways to earn me profit. As far as I'm concerned, if we are not profiting from the BF/WeEx deal, Danny shouldn't waste his time with it.

To me it looks like Neo shareholders are not really getting anything out of this. Maybe Danny can clear up that point, what do we get out of it (financially speaking). I don't care about the public perception of bitcoin in regards to a failed exchange, and if that's the reward, then it certainly isn't worth Neo's time and effort.

At the end of the day, the best way to shore up the trustworthiness of Bitcoin is not through BF bailouts, it's through a successful Neo operation.

crumbs

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Quote from: bitcoin.newsfeed on December 08, 2013, 09:16:10 AM

Quote from: cryptocyprus on December 08, 2013, 07:15:41 AM

There will also be the distribution of the Bitcoins that are available to people by this coming Friday.

The questions is, if "the bitcoins are not simply there", then from where(?) should Weexchange users receive their BTCs?
But if it is not hurting NEOBEE, and its not shareholders BTCs I dont care... you mentioned in past that this involvement with Ukyo case will benefit NEOBEE, so now I am really curious what master-plan you guys figured out Wink

If "the bitcoins are simply not there," then they're not available. Available bitcoins will be distributed on Friday. Since they don't exist, the task will be quick & effortless.

*If you can't reconcile "We hate bankers, that's why we use bitcoin" & "We're starting a bitcoin bank," you are not alone.

bitcoin.newsfeed

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Quote from: cryptocyprus on December 08, 2013, 07:15:41 AM

There will also be the distribution of the Bitcoins that are available to people by this coming Friday.

The questions is, if "the bitcoins are not simply there", then from where(?) should Weexchange users receive their BTCs?
But if it is not hurting NEOBEE, and its not shareholders BTCs I dont care... you mentioned in past that this involvement with Ukyo case will benefit NEOBEE, so now I am really curious what master-plan you guys figured out Wink

jbest8283

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Quote from: cryptocyprus on December 08, 2013, 07:15:41 AM

Quote from: gannicus on December 08, 2013, 07:11:40 AM

Quote from: lewicki on December 08, 2013, 06:42:58 AM

Quote from: gannicus on December 08, 2013, 06:37:46 AM

So, most of the people prefer keep the money at home instead of using banks because of government restrictions, that's what I understood from the translation. Surely this business is going to be a good solution to this problem if it comes to existence as it is planned and people understand it.

If bitcoin has a chance anywhere in the world at the moment, Cyprus is its best shot. Wish I could be on the ground when this hopefully starts gathering steam.

Quote from: gannicus on December 08, 2013, 06:37:46 AM

Would be glad also if you give a word on the announcement supposed to be given on Friday, that changed to Saturday while we are currently on Sunday.

https://bitcointalksearch.org/topic/m.3863522

Except from the "new" obvious information that the bitcoins are gone, no new information. I tought there were going to be information regarding what happened, what is being done, and the most important, numbers.

There will also be the distribution of the Bitcoins that are available to people by this coming Friday.

Obviously, people read what they want to read.

cryptocyprus

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Quote from: gannicus on December 08, 2013, 07:11:40 AM

Quote from: lewicki on December 08, 2013, 06:42:58 AM

Quote from: gannicus on December 08, 2013, 06:37:46 AM

So, most of the people prefer keep the money at home instead of using banks because of government restrictions, that's what I understood from the translation. Surely this business is going to be a good solution to this problem if it comes to existence as it is planned and people understand it.

If bitcoin has a chance anywhere in the world at the moment, Cyprus is its best shot. Wish I could be on the ground when this hopefully starts gathering steam.

Quote from: gannicus on December 08, 2013, 06:37:46 AM

Would be glad also if you give a word on the announcement supposed to be given on Friday, that changed to Saturday while we are currently on Sunday.

https://bitcointalksearch.org/topic/m.3863522

Except from the "new" obvious information that the bitcoins are gone, no new information. I tought there were going to be information regarding what happened, what is being done, and the most important, numbers.

There will also be the distribution of the Bitcoins that are available to people by this coming Friday.

Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 106. (Read 658701 times)