Quote from: cryptocyprus on September 29, 2013, 08:44:14 AM

Quote from: ex-trader on September 29, 2013, 08:34:57 AM

Quote from: Herp on September 28, 2013, 09:56:08 PM

You say you're an expert when it comes to finance, risk management and so on and yet you've bought into an ultra high risk, Asicminer run by some Chinese? dude calling himself Friedcat (no real identity provided) that doesn't name his associates; an operation that provided/provides zero transparency on many levels.

Now you're ultra-critical with these guys that provided a very high level of transparency and have a sustainable business model. Something doesn't add up.

Different scenario entirely. AM were mining and paying dividends (a quasi-real business) and I thought they were about to jump in price, so I bought as a short-term speculation. They jumped in price very quickly in about 2 months, so I sold out. Haven't touched their shares for months and watched them subsequently fall.

I have no criticism of the transparency of Neo/Bee, but what they precisely don't have is a sustainable business model as it relies on Bitcoin growing continuously.

Not entirely reliable on the price of Bitcoin rising in price, we do know that we will be increasing demand and reducing the supply at the same time, however we are also developing alternate revenue streams based on additional services that we shall offer at the time of launch. To provide projected figures on these without solid decisions having been made is something that I just will not do, as someone with a financial background you will understand the vast amount of variables when considering an insurance carrier, this is also totally ignoring the fact that we are also entering into the International Remittance space too.

Had to read it because it was quoted.

Again. ex-trader is either too narrowminded or simply too stupid to understand any of this. He sounds like a broken record for pages now.

There is no point in discussing with such people. Especially after he claimed he has 25 years of trading experience, though he is only 20 something years old.

And creating the cocoxixi account matched the profile of an unsecessfull FUD-spreader perfectly.....