Author

Topic: Sell Coinut.com (Read 1252 times)

legendary
Activity: 896
Merit: 1000
December 08, 2014, 11:36:48 PM
#14
You site looks nice.

But ,maybe hashie is right. Are you running the exchange by yourself? I think running a exchange need a professional team.


BTW,are you Chinese ?

We have a team of Computer science PhDs and masters. We also have professional traders. Do you think this is professional enough or not?

Yes, I am Chinese.

But now , what you need is marketing ,and sure sig campaign is the one thing of that.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 08, 2014, 09:20:38 PM
#13
You site looks nice.

But ,maybe hashie is right. Are you running the exchange by yourself? I think running a exchange need a professional team.


BTW,are you Chinese ?

We have a team of Computer science PhDs and masters. We also have professional traders. Do you think this is professional enough or not?

Yes, I am Chinese.
hero member
Activity: 518
Merit: 500
December 08, 2014, 02:33:27 PM
#12
You site looks nice.

But ,maybe hashie is right. Are you running the exchange by yourself? I think running a exchange need a professional team.


BTW,are you Chinese ?
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 05, 2014, 09:31:26 AM
#11
I'm sorry but your site isn't worth anything. For all intents and purposes you have zero value.

Interesting estimation. How do you come to this conclusion?

When you operate a site, you have liabilities, or costs. You also have revenue.

Simplistically speaking, value = revenue - liabilities.

Your site has no revenue to speak of, and pretty much no volume. There are all sorts of intangible liabilities involved:

(1) risk of service being hacked
(2) risk of being charged with money laundering depending on your jurisdiction unless you spend $xx,xxx+ applying for applicable licenses
(3) risk of service being hacked

I took one look at your site and I can immediately tell that it's not very secure, and that's a very bad thing for a financial site.  You are loading external javascript code from a random web service just to have a chatbox.

Let me remind you, if their random tiny web service (or their infrastructure) gets hacked, the attacker can control Coinut.com as well. One of the most basic rules of web security is that you do not embed external resources. As you obviously did not grasp that, I'm concerned about the security of other parts of the project.

Maybe it's a bit too rush to reach the conclusion based on what you know. If you know 796.com, you won't worry about the money laundering/regulation issues.
Regarding being hacked, all sites have that problem. I guess my site is not weaker than others. Using the scrollback.io's service is just a temporary thing. We want to prove that a chat function is useful first. Given that they are also a opensource project, and that their code can be reviewed, I don't see much security issue at this moment. Also, if you know technical things, you should also know that iframe can be as secure as
Our background is written by in a highly efficient and distributed fashion. It can be easily adopted to do other type of exchanges such as futures exchange.
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
December 05, 2014, 09:16:23 AM
#10
I'm sorry but your site isn't worth anything. For all intents and purposes you have zero value.

Interesting estimation. How do you come to this conclusion?

When you operate a site, you have liabilities, or costs. You also have revenue.

Simplistically speaking, value = revenue - liabilities.

Your site has no revenue to speak of, and pretty much no volume. There are all sorts of intangible liabilities involved:

(1) risk of service being hacked
(2) risk of being charged with money laundering depending on your jurisdiction unless you spend $xx,xxx+ applying for applicable licenses
(3) risk of service being hacked

I took one look at your site and I can immediately tell that it's not very secure, and that's a very bad thing for a financial site.  You are loading external javascript code from a random web service just to have a chatbox.

Let me remind you, if their random tiny web service (or their infrastructure) gets hacked, the attacker can control Coinut.com as well. One of the most basic rules of web security is that you do not embed external resources. As you obviously did not grasp that, I'm concerned about the security of other parts of the project.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 05, 2014, 09:07:42 AM
#9
I'm sorry but your site isn't worth anything. For all intents and purposes you have zero value.

Interesting estimation. How do you come to this conclusion?
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
December 05, 2014, 09:04:55 AM
#8
I'm sorry but your site isn't worth anything. For all intents and purposes you have zero value.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 05, 2014, 09:00:37 AM
#7
You have started a signature campaign and short after that you're selling your site?




How much is it worth to you?
legendary
Activity: 2170
Merit: 1427
December 05, 2014, 08:42:00 AM
#6
You have started a signature campaign and short after that you're selling your site?


B1
newbie
Activity: 59
Merit: 0
December 05, 2014, 03:26:25 AM
#5
Why did you want to sell it sir?

Quit business and continue my research.  Smiley

Ahh, can't leave the urge to invent thing right? I know the feeling  Smiley
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 05, 2014, 03:06:09 AM
#4
Why did you want to sell it sir?

Quit business and continue my research.  Smiley
B1
newbie
Activity: 59
Merit: 0
December 05, 2014, 02:55:35 AM
#3
Why did you want to sell it sir?
hero member
Activity: 980
Merit: 509
December 05, 2014, 02:07:12 AM
#2
If I sell coinut.com, how much do you would you pay?  Smiley

you better sell the site into AUCTION section

Just explain how the site works and how much profit be calculated.
And if the buyer see coinut profitable, the buyer will start to bid
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
December 04, 2014, 11:44:33 PM
#1
If I sell coinut.com, how much do you would you pay?  Smiley
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