Quote from: tertius993 on April 23, 2014, 04:40:43 PM

Quote from: antipov on April 23, 2014, 03:01:50 PM

Quote from: Justin00 on April 23, 2014, 02:51:47 PM

remind us what the project is ?
and more importantly, where do you get the funds to pay people back ? is that from the project ?
and more more importantly.. what if the price of btc goes back to $1200 overnight ? could you still afford to pay it back ?

I have started local bitcoin hand-to-hand exchange service. All funds to pay back will be gained from the project. Most part of coins will stay on wallets. After each transaction I will fulfill amount of coins as fast as possible. I'm working together with my brother and his son, so we are able to monitor bitcoin price 24/7 to prevent funds loss.

Can you provide a bit more information such as, what (in outline) is the service you are offering that will allow you to guarantee such returns? Where are you operating? What are the regulatory risks (if any)? How have you estimated your market? What collateral can you provide?

I'm selling coins at 20% higher price than at the market. Currently only Estonia but further we plan create on-line exchanger. For us risk will be only if price will start to grow faster than 100$ per hour at present time. Few of my friends(and already found some more people) are dealing with bitcoins and they temporarily need more coins but as fast as possible and easiest and safest way is to deal hand-to-hand. But I lack needed amount of coins they need daily thats why I came here and made an offer.

Quote from: boumalo on April 23, 2014, 05:18:30 PM

No collateral and no explanations of what you do with the money

0 in the wallet : https://blockchain.info/address/14DicShEJK9dZbRLDP5b1HG9m6pwrqtp5W

Wallet created specially for customers from this community so anybody can track all operations made with this wallet.