812800+ entries in 0.467s
the20year2: i wonder if
the buyer is a guy i know :D
benkay: so
tapering is a go for
the states
Duffer1: there's a reddit
thread about some guy buying coffee with doge
assbot: [HAVELOCK] [AM100] [PAID] 3.85235844 BTC
to 333`249 shares, 1156 satoshi per share
Duffer1: apparently
the lulz market space is profitable >.<
kakobrekla: theres 3 crypto coin
threads on some local
tech forum
assbot: [HAVELOCK] [AM1] [PAID] 17.03088030 BTC
to 13`993 shares, 121710 satoshi per share
KRS|Gotyawallet: i can mine an alt coin and have
twice as many bitcoins in
the same amount of
time as mining bitcoin, selling
them at an exchange
ozbot: Hi Bro, I am here from couple of years and have good knowledge on how
to prom - Pastebin.com
the20year2: And
there's no reason for me
to
tell
them
that investors are being paid in bitcoin. ALl
they know is
that
there's a out-of-country service agreement
the20year2: none of
the banks i
talk
to know about bitcoin
Duffer1: they want dat real estate,
they don't want bitcoin
to live
Duffer1: they'd be funding
their competition in multiple ways if
they backed you
the20year2: If
that was
the case
there'd be no problem and i wouldn't give a care about listing anywhere
the20year2: So far, so good. I Just
thought early on
that banks would be more open
to adding us
to portfolo lending
the20year2: I am
the majority shareholder in
the company,
there is also a 15% management fee
that comes into place. In order
to comply with US
tax laws, I
take my dividends + management fee as salary
the20year2: We'll qualify for most US crowdfunding and DPO laws next year as we're bringing a accounting firm into
the mix in Janurary when we have our first book audit
the20year2: The funds are sent
to a LTD operated in
the Hong Kong, of which I am not
the director,
there is a
two way service agremeent between
the
two entities, according
to what my personal understanding is, it can work
that way. if we
take on US investors, it needs
to be done so at
the US LLC level, and we
then need
to register
the20year2: The company
that collects funding is not in
the US
Duffer1: ah, i was under
the impression
that even if you were operating in
the US you'd have
to register
the20year2: We've very seriously looked at doing a DPO but I can't round up enough investment
to justify it
the20year2: Our lawyer has made me aware of
the requirements,
the issue here is
that I don't know of any US investors
that we have, SEC allows me
to file a PPM if/when I'm notified of US investors ,and since startup we've barred US investment
Duffer1: if you're interested in being squeky clean
that is hehe :P
Duffer1: under 1m offering should qualify you for 504 exemption, but you still will need
to register with your state, and adhere
to
their blue sky laws
Duffer1: registered as a company is different from being registered with
the SEC (making it legal for you
to distribute shares)
the20year2: Yes, we're registered in Hong Kong and
the United states.
The hong kong company is connected
to
the US one
through a legal service agreement
Duffer1: but not legally registered
though right?
the20year2: We IPO'd on bitfunder, but are now private/direct due
to
them shutting down
mircea_popescu: started is one
thing. btc went up what, 50x
this year.
the20year2: in
this case, you have
to have
teams of workers
to do
the rehab work , qualify
tenants. Sure, you can spend more money
to 'just get it done', but if you do
that you pay retail for everything, and you can't make money by paying what everyone else does
mikaeldice: Spending it seems
to be
the easy part :)
the20year2: the BTC appreciation is another ball game and hard for me
to personally value. When everything was running on bitfunder decently, our values kept doing well, even as BTC/USD started
to gain
the20year2: (Into new properties/purchases
that is)
the20year2: That's covered in
the business plan mircea_popescu. We feel
that we can deploy around $100k of capital per month
Duffer1: are you counting btc appreciation on
top of your units for your
total equity #?
the20year2: I've had 3rd parties assess
the liquidation value as well as my own value estimates since I've been in
the business of evaluating properties for every large financial firm in
the US
the20year2: In my area,
the median home value is around $100k, and most of what we're looking at are going in
the ~$30,000 range
mike_c: re:
translations. I have had good success with programmatically getting good human
translations from
http://gengo.com/. the20year2: And
that's since
the last part of July
the20year2: We're finally cashflowing from rental income, but
the bigger money is from our equity gain, our
total USD investment was $92,668.54 and our current asset & capital value is $192,035.16
mircea_popescu: well, i dunno how serious you are about
trying
to list.
the20year2: mircea , i send out cashflow reports
to all our investors now , i don't make
them public. I can send over our current business plan + cashflow report if you'd want
mircea_popescu: the20year2 so re your listing idea, do you have your reports posted anywhere ? what's
the cashflow like ? etc.
mircea_popescu: yeah but updating
the faq is a pain cause i had
to go and get it
translated ;/
jurov: oh and MKOPT/SPLIT in
the FAQ still suffers from
this,
too
the20year2: I hope
they don't start charging for IRC
mircea_popescu: btc-e doing
their part
to help
the usd have real world value ?
Bugpowder: You need
to hold at least $100 worth of currency
to chat
Duffer1: min balance required for chat
to function
jborkl: new fee introduced
to remove
troll spam from
the
trollbox- $99.99 for 1000 chat credits
ThickAsThieves: lol why is btc-e
trollbox saying I need another $99.99
to chat?
pankkake: oh, unsee.cc is
the kind of service I was looking for
ozbot: Unsee — Secure and private
temporary image hosting
jurov: at least i made 0.09 BTC off bitbet :D,
thx mircea
ThickAsThieves: "What does everyone else
think about
the idea of Gox allowing rapid
transactions
to mexico and brazil and other "cocaine rich" countries. Is
this not going
to create a hyper bubble? "
Duffer1: how long is
this discussion?
mircea_popescu: "i
think it's here
to say but please don't misconstrue anything i say into grounds
to sue me. also don't ask me about various milky
topics re
the bf"
ozbot: Join Our Live Q&A on
Thursday: Is Bitcoin a Passing Fad, or Here
to Stay? - MoneyBeat - WSJ
jurov: but seriously, if asciilifeform does most of
the prototype including casing himself,
that calls for photo here and
there
jurov: you really do
think nubbins` manboobs are sexier
than
that?
mircea_popescu: ( jurov it's for cutting
the plastic casing, not rly anything supersexy)
mircea_popescu: asciilifeform can you satisfy
the inquiring minds by snapping a coupla shots of
the ded lazr ?