Quote from: Bitcoinorama on May 11, 2013, 11:23:09 PM

Quote from: FlappySocks on May 11, 2013, 11:08:59 PM

Quote from: KS on May 11, 2013, 10:28:35 PM

You want to limit your risk? Buy a product that's shipping. (that's to you and everybody else)

There is always an element of risk, especially when your working with the bleeding edge of a new industry. That's why we are going to visit KNC to see what it's all about. To see if the risk is worth it.

And even then, it's a risk:

Goods manufactured.
Bitcoins received.
Packaged, and waiting for DHL to collect.

Factory burns down. Insurance company wont pay because customers paid in Bitcoins.

Shit happens.

Eh? I'm paying by Credit Card via Paypal and then paying the card off immediately. I want buyer protection.

Quote from: KS on May 11, 2013, 11:14:46 PM

Look, any business you start that has a chance of actually making is needs seed capital and/or customers. 5000 EUR is failure capital. No customers is just failure.

You have no money, you don't pay engineers, you don't have a product.

Show me the money and I'll revise my assumption of FAIL.

What do you mean by 5000EUR is failure capital?

How do you run a business for more than a year with, allegedly a full (yet small) team, have no business that's been declared since late 2011 and only 5000 EUR in capital.

Answer: you don't.

How do they live, how will they pay ORSoc for the "alleged" work?

It looks either scammy or like another failure waiting to happen.

Don't take me wrong, I wish them all the best if they're legit, but if they are, they're more setup for failure than success.