Could you please elaborate on the 10% fee on trades? 10% of what? 10% of the price of an option? 10% of the fee an exchange pays dcorp for using their platform?
One last question for Hansco, your bio mentions: "and soon found himself successfully speculating by trading options and futures on the trading floor in Amsterdam. "
I really would like to know in what period where you in the crowd at the exchange, working for which company and trading in what stocks? I did some research and so far nobody from the crowd remembers or knows you.
For other people reading this: don't take this as a negative please since there can be a lot of reasons for this (different period, different stock, it was a big crowd).
Congratulations on the succesful ICO! I hope you guys can pull this off
One last question for Hansco, your bio mentions: "and soon found himself successfully speculating by trading options and futures on the trading floor in Amsterdam. "
I really would like to know in what period where you in the crowd at the exchange, working for which company and trading in what stocks? I did some research and so far nobody from the crowd remembers or knows you.
For other people reading this: don't take this as a negative please since there can be a lot of reasons for this (different period, different stock, it was a big crowd).
Congratulations on the succesful ICO! I hope you guys can pull this off
the continued avoidance of an answer surrounding Hansco's involvement in options trading is becoming slightly worrying
I am very sorry about the late answer, we just came back from Singapore and were in the last days of the week 3 bonus. We had like 500 new shareholders who had a lot of questions about Dcorp. I started trading in 1995 first buying just stocks, later I found out the options are much more lucrative. I did this when I was in the University. In 2000 I made it my fulltime job to trade stocks, bonds, options and futures. In that period there was the transition from floor trading to screen trading, we did already the screen trading. I traded futures on the German stock exchange (DAX) and was marketmaker on the Amsterdam Stock Exchange AEX. Also we traded between the different stockmarkets because the bid and offers of the derivatives were not similar.
Two years ago I started trading in crypto's and also mining them, first only the top ten crypto's but later on top 100 and now top 200.
Thank you for the concrats and yes we will pull this of for all the shareholders!
Thanks for taking the time to respond on this forum.
Just to clarify.
1. You started trading privately in 1995 while being in University?
2. You did not actually trade from the crowd but started trading professionally behind the screen, and this was in 2000 (like it is done mostly nowadays)?
3. An unanswered question of mine: for which company where you a market maker? This will help a lot in verifying your success as a market maker and expertise in the field of derivatives.
In your bio it says:
After 23 years of experience, Hansco Leek believes in DCORP and its decentralized derivatives exchange. By bringing management and trading expertise, etc
Based on your answer one could argue the 23 years part being slightly misleading.
I have no doubt an option exchange (and other derivatives) for cryptos can be an extreme money machine, especially with no competition (yet). Like mentioned before, I believe having the dream/idea and actually pulling it off are two completely different things. Based on the bio's on dcorps website I suspect the knowledge and expertise in options and derivatives comes first place from one person, but maybe more will be hired. If that person (Hansco) advertises 23 years of experience from which almost 20 years (suspected/estimated since I was not sure I could derive this from bio or answers but perhaps I overlooked ) were from trading privately it makes me have some doubts.
One final thing, in your bio it says stockbroker, not trader like you mention in your answer. People who know the difference know this is a huge difference (like the difference between an architect and a home builder, may be not the best of metaphors
). I don't get it. Perhaps the making of the bio was under stress of time or whatever. I sincerely regret it but for now I am going to watch this unfold, and honestly hope you guys pull it off, as it would be awesome to see some Dutchies be the first guys to do this.
I really really wanted to get satisfying answers be convinced and put some in, but for now I am going to wait and step in when DCorp multiplied * 100 in value :-)