Where the Money Goes When Digital Currency Startups Raise Capital?

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: bitgolden on October 03, 2015, 04:00:10 AM

Quote from: n2004al on October 02, 2015, 09:58:35 AM

Coinbase is a big example. I am user of this business since almost the beginning of those. Now have millions of users, offer, except being a bitcoin wallet for every country of the world, the bought or selling of bitcoin with excellent price in 26 countries (or more, I am not sure about this) and now even can be traded on it.

Bitcoin is community based system. No governing party. So, to help the community grow ad to spread bitcoin, we need new start ups. But people may not invest bigger for new technology. So crowd funding is the only solution to kick off those start ups. It will help bitcoin to grow rapidly.

Sorry but I don't understand what is the connection between your post and mine (which you are quoted). If you think that Coinbase isn't a start up which don't help the community I don't agree this. Its services are for the community more than needed. Anyone need a place (secure place) when to put their bitcoins. Coinbase is one of the bests in this direction.

bitgolden

legendary

Activity: 2926

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Quote from: n2004al on October 02, 2015, 09:58:35 AM

Coinbase is a big example. I am user of this business since almost the beginning of those. Now have millions of users, offer, except being a bitcoin wallet for every country of the world, the bought or selling of bitcoin with excellent price in 26 countries (or more, I am not sure about this) and now even can be traded on it.

Bitcoin is community based system. No governing party. So, to help the community grow ad to spread bitcoin, we need new start ups. But people may not invest bigger for new technology. So crowd funding is the only solution to kick off those start ups. It will help bitcoin to grow rapidly.

n2004al

legendary

Activity: 1134

Merit: 1000

Coinbase is a big example. I am user of this business since almost the beginning of those. Now have millions of users, offer, except being a bitcoin wallet for every country of the world, the bought or selling of bitcoin with excellent price in 26 countries (or more, I am not sure about this) and now even can be traded on it.

Erdogan

legendary

Activity: 1512

Merit: 1005

Office space, computers, salary, travels, conferences, advertisements, board meetings...

jtalk

legendary

Activity: 1610

Merit: 1004

This money is going to further development.They are doing great job just amazing projects they have.Ethereum and blocknet they have become partners and doing work on some serious projects with Ico money.

boopy265420

legendary

Activity: 1876

Merit: 1005

Fintech has risen up as one of the very important power house which will have influence on digital currencies values and development in future with all this raised money in 2014 and 2015.They are raising their capitals to invest in further developments and many different projects.Ethereum is a great and game changing project which will be completed in coming months.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: TinEye on June 10, 2015, 09:50:01 AM

Quote from: BeataTX91 on June 10, 2015, 06:40:28 AM

Ethereum is a great example and a great startup.

What these guys do is amazing, I'm a bug fan.

i'm not too enthusiast about their work, there aren't so much progress, they are still there, and one does wonder why they are still there when they received a shittons of money and didn't do any progress since months. I'm not saying they are scammers, or it is a farce to run away one day with even more money, but their work right now look only a bit promising, when you compare it at the big hype that there was at the beginning of their project

It's too hard to trust all those IPO's. It would be cool if someone had the exact data of % of succesful IPOs where the money goes to the right places, vs IPOs that end up in Bitcoin being stolen, which later on means Bitcoin being dumbed for some fiat.. Personally I trust way more David Irvine than I can trust Vitalik Buterin.

TinEye

hero member

Activity: 639

Merit: 500

Quote from: BeataTX91 on June 10, 2015, 06:40:28 AM

Ethereum is a great example and a great startup.

What these guys do is amazing, I'm a bug fan.

i'm not too enthusiast about their work, there aren't so much progress, they are still there, and one does wonder why they are still there when they received a shittons of money and didn't do any progress since months. I'm not saying they are scammers, or it is a farce to run away one day with even more money, but their work right now look only a bit promising, when you compare it at the big hype that there was at the beginning of their project

ed_teech

hero member

Activity: 508

Merit: 500

Jahaha

CoinDesk's reports are a great source of info on that matter.

This is for Q1 2015:
http://www.coindesk.com/research/state-of-bitcoin-q1-2015/

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: BeataTX91 on June 10, 2015, 06:40:28 AM

Ethereum is a great example and a great startup.

What these guys do is amazing, I'm a bug fan.

Haven't they been stuck with the same version for a while? when will we have something solid? I regret not investing on both Ethereum and Maidsafe, both incredible projects, and both taking ages to get done.

BeataTX91

newbie

Activity: 50

Merit: 0

Ethereum is a great example and a great startup.

What these guys do is amazing, I'm a bug fan.

MightyStorm

member

Activity: 602

Merit: 10

God is with us

With venture capital investments in FinTech startups booming, at a record US$315 million raised in 2014
and more in 2015, we wondered: Where is all this funding being spent, and why are those in the digital
currency business not living a more “FunTech” lifestyle?

Click image to keep reading...

Topic: Where the Money Goes When Digital Currency Startups Raise Capital? (Read 924 times)