I'll close this thread, otherwise I'll constantly need to update the two of them. Please see the official thread here:
https://bitcointalk.org/index.php?topic=140700.20
Topic: Vircurex.com going public (Read 2637 times)
Now that the Feb 28 deadline has passed, what's happening?
Thanks for the clarification!
I will make the final amendmend after the IPO deadline, based on the BTC price. Looks as if it is around 30 USD per BTC, thus the numbers are correct and I will be adjusting the numbers on the exchange accordingly because it is not possible to change the quantities of an existing placed order.
Bump.
One more week till end of IPO. Still have quite a number of shares to be sold. Support the Alt-Chains buy buying a share or two of Vircurex.
One more week till end of IPO. Still have quite a number of shares to be sold. Support the Alt-Chains buy buying a share or two of Vircurex.
I've been reading about this, but I am a little confused. If I'm reading correctly, 45,000 shares were initially issued with 13,500 offered for sale publicly. Then later the issue was amended such that there are to be a total of 31,000 shares with 9,300 to be sold publicly. But the cryptostocks platform still shows 45,000 total shares for VCX and a total of 15,000 publicly available (3180 currently held publicly and 11,820 still for sale from the original offer.) Is there going to be an adjustment to the listing to make the listing match the announcement?
bump to support Vircurex and their great service come on people these guys were around long b4 ripple 
Bump.
One more week till end of IPO. Still have quite a number of shares to be sold. Support the Alt-Chains buy buying a share or two of Vircurex.
One more week till end of IPO. Still have quite a number of shares to be sold. Support the Alt-Chains buy buying a share or two of Vircurex.
Help toi grow Vircurex by buying its shares on https://cryptostocks.com
The end of the IPO is end of February.
Details of the contract can be seen here:
https://cryptostocks.com/securities/34
The end of the IPO is end of February.
Details of the contract can be seen here:
https://cryptostocks.com/securities/34
Yes, 10btc/month profit is miserable. However IF everything done right, it can be THE goto alt-chain exchange. Just IMO, currently there's a vacuum in the space of safe, reliable, trusted and legit alt chain marketplace.
Also, in the short history of bitcoin's existence, there has been very few investment can compete with btc hoarding, sans pirates and thieves.
Also, in the short history of bitcoin's existence, there has been very few investment can compete with btc hoarding, sans pirates and thieves.
Well let's do some basic math.
2k BTC (that's after the 1500 fee) converted into USD and sitting in a bank account.
10 BTC per month profit.
So if BTC rises vs USD by more than 0.5% per month the value of assets falls faster than profit can compensate for (and that's BEFORE the profts get split between all shares).
Guess it's an investment aimed at people who think BTC will fall vs USD in the medium term.
2k BTC (that's after the 1500 fee) converted into USD and sitting in a bank account.
10 BTC per month profit.
So if BTC rises vs USD by more than 0.5% per month the value of assets falls faster than profit can compensate for (and that's BEFORE the profts get split between all shares).
Guess it's an investment aimed at people who think BTC will fall vs USD in the medium term.
I see big potentials IF everything is done right.
Opportunity does exist in this space because some exchange(s) are limited by its background and political environment(IMO), and most BTC exchanges are too ignorant to deal with alt chain currencies ATM.
Opportunity does exist in this space because some exchange(s) are limited by its background and political environment(IMO), and most BTC exchanges are too ignorant to deal with alt chain currencies ATM.
Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%? How is vircurex market cap valued?
The contract explains that in the OP.
Not sure how it is valued. But in my opinion it is way over priced.
Tis more than I have in my bank account so I won't be buying all the share... but would like a few.... just got to get some BTC now
Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%? How is vircurex market cap valued?
The contract explains that in the OP.
Not sure how it is valued. But in my opinion it is way over priced.
Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%? How is vircurex market cap valued?
The contract explains that in the OP.
Not sure how it is valued. But in my opinion it is way over priced.
Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
45K is the entire 30% stake, or only a portion of the 30%? How is vircurex market cap valued?
Seems a bit steep of a price of 0.25 per share. You have 10k shares on the first round and total shares = 45k. That is a lot of btc.
No it is not owned by Vircurex. Are you suggesting that Cryptostocks should be listed too?
At the bottom of the cryptostocks website it says:Quote
Cryptostocks © Copyright 2012, All Rights Reserved.
A service of Vircurex
A service of Vircurex
That's why I asked. The page for Vircurex didn't mention any relationship with cryptostocks which, if there was a relationship, might impact on interest in it.
No it is not owned by Vircurex. Are you suggesting that Cryptostocks should be listed too?
Is Cryptostocks owned by Vircurex?
Interested. But how can investors trust and verify this 30% stake?
The public traded shares can be seen on Cryptostocks.com. To further enhance credibility, I will be moving the collected funds from the share sales to a fresh BTC address and publish it here. That will allow anyone to validate that the amounts have been in fact collected and then will be moved to the respective exchanges for conversion to USD.
Most of the successful businesses in crypto coin world have real (physical) identities behind them, mtgox, bitpay, bitinstant...
And that is exactly what we are addressing here, one of the very first steps will be to incorporate Vircurex, just as the named examples.
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