Quote from: vtropolis on August 28, 2013, 05:11:37 PM

Thanks for the link. I do think your valuation is still very aggressive for something that essentially hasn't launched yet, but I do find your plans for expanding your business via augmenting services interesting - especially the VOIP & sms packages. It's a smart way of profiting off in-person transactions, the most difficult type of transaction to profit from.

In terms of convincing dealers to use your site, why would they use dealco.in over localbitcoins.com? I think it will be difficult convincing dealers to use your service over localbitcoins, since localbitcoins already has more users (potential purchasers), and is free to use (no monthly fee).

Thank you for your comments on the expansion plan. Cheesy

I understand you could find the business model to be validated but I hardly find a valuation @ $150k 'aggressive' these days specially for digital enterprises an $150k valuation is not what investors would consider 'aggressive'if you also consider the fact that I am giving away 40% of the company in the first listing with a 1% guaranteed monthly dividend…

LocalBitcoins has a head start I agree but the bitcoin economy is still at its early stage and frankly I believe there is room for more than one in-person exchange. By asking dealers to participate to the development of Dealcoin my objective is to provide more tools and more exposure and eventually make Dealcoin a better marketplace both for dealers and general members buying or selling bitcoin. Furthermore the membership fee is very low, under usd 2 / month and the blind bidding system should attract more people from the community wishing to get the best prices for the trades.