Topic: Islamic Bank of Bitcoin{}بنك بتكوين الاسلامي - page 6. (Read 112806 times)
How if at all are people protected from the volatility of BTC? If loans are denominated in BTC and payed back in BTC even with 0% interests they are still very likely to repay far more then they borrowed due to BTC deflation?
Some people fear what they don't understand. It takes patience and forgiveness.
All these anti-muslims related posts. It seems that your minds are not as free as bitcoin are.
I am very interested in your project, please do update me as to your progress. I wish you the best of luck in your endeavors!
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can we move to btct.co ?
or BitFunder? can we move to btct.co ?
Can you tell me more about the cryptostock debacle?
I haven't been following it much, but here's a good starting point:https://bitcointalksearch.org/topic/vircurexcom-and-cryptostockscom-compromised-201674
Wow. Thanks for the link. Also,
https://bitcointalksearch.org/topic/m.1994872
If you have a lot of shares, it might be worth it, but imo, a share or two is not worth it as cryptostocks fee is absolutely stupid, my funds are locked in. or should I say their funds?
I'm interested in investing in this. Is it possible to get a board seat?
There was a release of shares issued not long ago to raise money to develop the site further plus add to bankroll etc: https://cryptostocks.com/securities/28
The dividends have been surprisingly good so far, and I'm pretty sure people interested in taking a more active role in it's leadership will be welcomed.
You can contact Danijel Habek, or wait for him to see your post.
Can you tell me more about the cryptostock debacle?
I haven't been following it much, but here's a good starting point:https://bitcointalksearch.org/topic/vircurexcom-and-cryptostockscom-compromised-201674
Can you tell me more about the cryptostock debacle?
I'm interested in investing in this. Is it possible to get a board seat?
Um. With the cryptostocks debacle, I'm not certain it's possible to invest in IBB at the moment. I would PM Danijel, see if he can help.
I'm interested in investing in this. Is it possible to get a board seat?
This makes me think about sharia...
Any news for this month?
id be weary..
I know I'm certainly getting tired of this sort of post. 
id be weary.. they are muslims you never know may infect your computer with some virus..
Two more things I've forgot to post in update;
- Activated a collection process for a loan default occured in 2011.
- Replied to numerous today's PM's, I'm sorry if I have missed someone, I will process every request.
Danijel Habek
Islamic Bank of Bitcoin
- Activated a collection process for a loan default occured in 2011.
- Replied to numerous today's PM's, I'm sorry if I have missed someone, I will process every request.
Danijel Habek
Islamic Bank of Bitcoin
Operating as a bank usually requires - or would at least imply - a corporation operating under a legal framework within a specific jurisdiction. Where is this bank registered/located? Is it a legal corporation or some other structure?
It would be quite a challenge to choose an organization name that would raise more DHS etc red flags than the "Islamic Bank of Bitcoin"... except maybe something tea-party related in the US.
So the shares are valued at 0.1799 BTC (x 1000 shares = 180 BTC for the entire company) - but the company only has assets of 12 BTC?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
The company is clearly a ponzi, nobody is paying back their loans, yet the company is still paying dividends on the shares. It's one of those thing where you don't ask where the money is coming from and just get money on the dividends.
So the shares are valued at 0.1799 BTC (x 1000 shares = 180 BTC for the entire company) - but the company only has assets of 12 BTC?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
The company is clearly a ponzi, nobody is paying back their loans, yet the company is still paying dividends on the shares. It's one of those thing where you don't ask where the money is coming from and just get money on the dividends.
So the shares are valued at 0.1799 BTC (x 1000 shares = 180 BTC for the entire company) - but the company only has assets of 12 BTC?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
12 BTC is only the cash held by company. I think company also hold shares on other ventures.
So the shares are valued at 0.1799 BTC (x 1000 shares = 180 BTC for the entire company) - but the company only has assets of 12 BTC?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
Also - I think you are using the term "share holders" when you mean "shares". Do you really have 1000 share holders?
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