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Topic: Possible sale of LTC-GLOBAL site code to someone who wants to run a BTC exchange - page 3. (Read 4522 times)

legendary
Activity: 2940
Merit: 1090
Presumably you would want to run as a Tor hidden service, in which case folks might prefer a system such as Open Transactions that is designed not to require trusting the server.

-MarkM-
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
With GLBSE closing, (see: https://bitcointalksearch.org/topic/nefario-115669) ... this is someone's golden opportunity...

Could be up and running in a week or two... Smiley


I would advise that any potential buyers hold off on buying for a few days. +1 to Burnside for being a great exchange owner/manager, but I'm assuming at this point Nefario is getting strong armed by the gov, so we should probably wait and find out what they are trying to charge him with, and what legal issues could start sprouting out of crypto exchanges.

It would suck pretty badly if you purchased the exchange rights, started it up, and then got attacked immediately by the gov.

That being said, I'm interested as soon as all of this mess gets sorted.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
With GLBSE closing, (see: https://bitcointalksearch.org/topic/nefario-115669) ... this is someone's golden opportunity...

Could be up and running in a week or two... Smiley
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
for potential sale a perpetual license to run an exclusive bitcoin denominated stock exchange using LTC-GLOBAL site code.  (www.litecoinglobal.com)


So you are selling the domain and licensing the software?

I'm not making any changes to Litecoin Global.

I am considering licensing the software for use as a bitcoin platform.
legendary
Activity: 2506
Merit: 1010
for potential sale a perpetual license to run an exclusive bitcoin denominated stock exchange using LTC-GLOBAL site code.  (www.litecoinglobal.com)


So you are selling the domain and licensing the software?
legendary
Activity: 1064
Merit: 1001
I'd love to see someone take the reins on this one and pull it through. Having another reasonable BTC Exchange option would be wonderful  Grin
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
I am a hold shares of ltc-global so take an interest in this.

will this be an auction or open bids as this would potentially increase the price.

I would prefer to keep it out of public view, however if there are serious concerns with that I do not feel strongly about it.

Right now I'm just trying to gauge interest.  I think it would be a mistake to not launch a BTC exchange right now, I'm just hoping there are entrepreneurs out there that are interested so I don't have to do it all myself.
full member
Activity: 183
Merit: 100
I hold shares of ltc-global so take an interest in this.

will this be an auction or open bids as this would potentially increase the price.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
I'm offering up for potential sale a perpetual license to run an exclusive bitcoin denominated stock exchange using LTC-GLOBAL site code.  (www.litecoinglobal.com)

I am very busy with my day job, my mining pool, and LTC-GLOBAL.  However with GLBSE's recent issues, Now is the time to roll out LTC-GLOBAL to the bitcoin community.  I simply do not have the time to do the business development and to take care of the day to day operations of what I know would be a very busy site.

I will point out that in terms of interface and site speed, the LTC-GLOBAL code should far surpass that of GLBSE.

I will also point out that LTC-GLOBAL's site code solves many of the primary complaints regarding using GLBSE on a daily basis.

The site should be easy to skin by changing the header, footer, and css.  Any reasonably competent graphic artist should be able to make it look very nice.  (Admittedly, I am great at making things work, but not great at making them pretty.)

Proceeds of the sale will be distributed to shareholders of LTC-GLOBAL on the LTC-GLOBAL exchange.

I'll discuss serious offers via PM.

Cheers.


-----
Just for reference: (and no, we do not value LTC-GLOBAL at this much.)
Theymos valued GLBSE in this thread here: https://bitcointalksearch.org/topic/selling-17500-shares-of-glbse-actual-shares-112402
17500 out of 77500 total GLBSE shares, representing 23%, asking 0.3 BTC per share.
By my math that's a rough valuation of 23250 BTC.  If their valuation was based on annual revenue, you can see the kind of potential this opportunity presents.
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