Ubitex: In-person Bitcoin exchange [EARLY BETA!] [STOCK AVAILABLE] - page 11.

cuddlefish

sr. member

Activity: 364

Merit: 250

Quote from: LightRider on May 01, 2011, 01:44:24 AM

Quote from: cuddlefish on April 26, 2011, 03:27:00 PM

This will never ever be made public.

Famous last words of the soon to be hacked.

Indeed, and the utmost precautions will be taken to secure your data.

However, it is *strongly* recommended to not give your exact location. Instead, give a cross-street.

cuddlefish

sr. member

Activity: 364

Merit: 250

Quote from: cypherdoc on May 01, 2011, 01:42:06 AM

Quote from: cuddlefish on May 01, 2011, 01:25:02 AM

I've written a business plan.

hey cuddle, i'm a non hacker. do u seriously expect me to be able to download that github black mkt program? i'm a macOSX user on my macbook pro but i have windows 7 running with VMWare if i have to.
i want to invest in Ubitex. whats the easiest way to get shares now? you can email me if u want at [email protected]

If you're not technically inclined, it's probably best to wait until Monday, when it's officially re-opened.

LightRider

legendary

Activity: 1500

Merit: 1022

I advocate the Zeitgeist Movement & Venus Project.

Quote from: cuddlefish on April 26, 2011, 03:27:00 PM

This will never ever be made public.

Famous last words of the soon to be hacked.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: cuddlefish on May 01, 2011, 01:25:02 AM

I've written a business plan.

hey cuddle, i'm a non hacker. do u seriously expect me to be able to download that github black mkt program? i'm a macOSX user on my macbook pro but i have windows 7 running with VMWare if i have to.
i want to invest in Ubitex. whats the easiest way to get shares now? you can email me if u want at [email protected]

cuddlefish

sr. member

Activity: 364

Merit: 250

I've written a business plan.

DotNemesis

newbie

Activity: 4

Merit: 0

Quote from: Bit_Happy on May 01, 2011, 12:53:26 AM

Quote from: DotNemesis on May 01, 2011, 12:44:08 AM

...
If your one to think...

Some of your points are certainly valid.
I reacted to this "DO NOT BUY UBITEX SHARES!".
That approach is a bit extreme, especially for your first post, IMO.
Welcome to Bitcoin.

thanks a lot bro!

cuddlefish

sr. member

Activity: 364

Merit: 250

[quote author=DotNemesis link=topic=6584.msg101690#msg101690 date=1304229318

Hey look i'm not saying how the financial system is perfect or where your going with this.

There are some very serious risks in investing with UBITEX and GLBSE in general and even a more broader sense the Bit Coin Economy looks like its turning into a bubble economy (Inflated values without equity).

You are free to do what you would like but many people here are real investors.
[/quote]

Quote from: marcus_of_augustus on May 01, 2011, 12:50:58 AM

Yes, financial crimes are very serious .... so why is that the registered, regulated exchanges are still harbouring the criminals who threatened to destroy the global financial system if they were not 'bailed out' to the tune of hundreds of billions of dollars of tax-payer money?

I'm sorry, but if the current system is FUBAR and criminals are running amok anyway what's the harm in trying something new and bringing in some competition at least?

Offtopic? In *my* thread?

DotNemesis

newbie

Activity: 4

Merit: 0

Quote from: marcus_of_augustus on May 01, 2011, 12:50:58 AM

Yes, financial crimes are very serious .... so why is that the registered, regulated exchanges are still harbouring the criminals who threatened to destroy the global financial system if they were not 'bailed out' to the tune of hundreds of billions of dollars of tax-payer money?

I'm sorry, but if the current system is FUBAR and criminals are running amok anyway what's the harm in trying something new and bringing in some competition at least?

Hey look i'm not saying how the financial system is perfect or where your going with this.

There are some very serious risks in investing with UBITEX and GLBSE in general and even a more broader sense the Bit Coin Economy looks like its turning into a bubble economy (Inflated values without equity).

You are free to do what you would like but many people here are real investors.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: DotNemesis on May 01, 2011, 12:44:08 AM

...
If your one to think...

Some of your points are certainly valid.
I reacted to this "DO NOT BUY UBITEX SHARES!".
That approach is a bit extreme, especially for your first post, IMO.
Welcome to Bitcoin.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: DotNemesis on May 01, 2011, 12:44:08 AM

Quote from: Bit_Happy on May 01, 2011, 12:34:46 AM

Quote from: DotNemesis on May 01, 2011, 12:24:16 AM

... its just an idea...

Bitcoins was "just an idea" when you could easily buy them for less than 1 cent each.
Most people here are adults, thanks for trying to save us. Roll Eyes

If your one to think a business like ubitex has complete potential to gain ground like Bit Coin then fine.
Others may find it irrational or maybe insane to invest in an idea which has no execution which anyone can copy.

If you look at OP's Post you will find that he will have to get the into website/IT system set up and get enough customers within range of each other for this to be a successful business.

Not only that, but GLBSE is not a registered exchange and anyone at this moment can report them to the proper authorities.
Note that financial crimes are very serious. Note that unlike Bit Coin, GLBSE has a physical server in which its business is conduct and a centralized staff.
It can be taken down any moment.

Yes, financial crimes are very serious .... so why is that the registered, regulated exchanges are still harbouring the criminals who threatened to destroy the global financial system if they were not 'bailed out' to the tune of hundreds of billions of dollars of tax-payer money?

I'm sorry, but if the current system is FUBAR and criminals are running amok anyway what's the harm in trying something new and bringing in some competition at least?

cuddlefish

sr. member

Activity: 364

Merit: 250

Oh, also: anyone holding shares, please PM me to be added to #ubitex-shareholders on IRC.

cuddlefish

sr. member

Activity: 364

Merit: 250

Quote from: kiba on May 01, 2011, 12:26:13 AM

I'll buy when I see two exchange nodes pop up on a map.

'Tis on.
Edit: Oh, but you can see those earlier if you hold stock, there'll be a private beta on the 4th.

DotNemesis

newbie

Activity: 4

Merit: 0

Quote from: Bit_Happy on May 01, 2011, 12:34:46 AM

Quote from: DotNemesis on May 01, 2011, 12:24:16 AM

... its just an idea...

Bitcoins was "just an idea" when you could easily buy them for less than 1 cent each.
Most people here are adults, thanks for trying to save us. Roll Eyes

If your one to think a business like ubitex has complete potential to gain ground like Bit Coin then fine.
Others may find it irrational or maybe insane to invest in an idea which has no execution which anyone can copy.

If you look at OP's Post you will find that he will have to get the into website/IT system set up and get enough customers within range of each other for this to be a successful business.

Not only that, but GLBSE is not a registered exchange and anyone at this moment can report them to the proper authorities.
Note that financial crimes are very serious. Note that unlike Bit Coin, GLBSE has a physical server in which its business is conduct and a centralized staff.
It can be taken down any moment.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: DotNemesis on May 01, 2011, 12:24:16 AM

... its just an idea...

Bitcoins was "just an idea" when you could easily buy them for less than 1 cent each.
Most people here are adults, thanks for trying to save us. Roll Eyes

kiba

legendary

Activity: 980

Merit: 1020

I'll buy when I see two exchange nodes pop up on a map.

DotNemesis

newbie

Activity: 4

Merit: 0

DO NOT BUY UBITEX SHARES!

The evaluation for the business is crazy! there is no earnings for the company yet and it doesn't even exists! its just an idea.

This is a text book example in investment what product not to buy the only way you can win is to be the one to pop the bubble (then everything goes downhill).

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

I don't think you need to tout, you've got a good idea ... just run with it.

cuddlefish

sr. member

Activity: 364

Merit: 250

143 shares are taken! Congratulations to those who've gotten in already. There's still time!

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: MoonShadow on April 30, 2011, 11:50:47 PM

The usual idea is that the cash is either hidden, or simply placed into a public locker with two keys.

OK, thanks for the answers.

Coinpal had a nice run for a while, I just read that thread earlier today; Would be nice to live in a world where that could continue.

MoonShadow

legendary

Activity: 1708

Merit: 1010

Quote from: Bit_Happy on April 30, 2011, 11:17:48 PM

Quote from: kiba on April 30, 2011, 11:10:55 PM

Quote from: Bit_Happy on April 30, 2011, 11:10:07 PM

I'm trying to understand, how does the cash get exchanged if they don't meet?

You pick up the cash dropped there.

OK, what protects the cash while I'm on the way to the location, and the Bitcoin buyer has made the drop?

The usual idea is that the cash is either hidden, or simply placed into a public locker with two keys.

Topic: Ubitex: In-person Bitcoin exchange [EARLY BETA!] [STOCK AVAILABLE] - page 11. (Read 36625 times)