Quote from: poornamelessme on October 04, 2014, 01:07:29 AM

Quote from: ThrowAwayThisCoin on October 04, 2014, 12:24:41 AM

If they are selling QBK for btc then it is exactly a ponzi. Without proof of anything in the last month, ponzi suspicions are justified. How long will the dividends keep pouring??

And FYI we know that QBK is trading for btc because they have "stabilize fund".

If that is their sole means of profits, sure, it would be fishy. But it isn't. A lot of the stabilization fund stuff stabilized the price (not surprisingly), as they bought up coins during the low period of the coin. Since they pay out some folks with QBK, it'd could cost them more in the long run if they just sold QBK on the market, then had to buy it back to give away as dividends.

Plenty of coins have stabilization funds, but it doesn't make them all ponzis either.

A better criticism is asking for more info in regard to liquid assets, or assets not tied to trading (such as mining) and the exact income generated each month via those means. That way you'd have a rough estimate of money earned each month, semi-guaranteed, at least for the near future.

Yes we do trade QBK , plus various other coins but we dont just trade our coin , we do trade for profit as people are buy and sell QBK like any other coin , we would be foolish not to trade QBK or any other coin !!

yes also mine various coins and this changes at a moments notice , with the fluidity of the crypto world , things change , leave get added at a moments notice , also we have bitcoin atm shares , and hydroinfra shares , so we do invest within the crypto community (we do support the community we are apart of) and also outside and a lot of these, some are more long term some shorter!!

Also ponzi , well the direct meaning of this is that a investment company pays old investor with funds from new investors coming in (basically stating it!)

#1 we are not a investment company in anyway !!

   We had a ICO from the sale of QBK at a set price , there we x amount of QBK 500,000 in total were sold at the ICO , people were buying the coin , not shares or anything like that!!

   We as the QBK have spent the BTC raised from the ICO on various things ie. tech for upgrading wallets systems and so on , purchased other coins that we see will give us a return (long term and short term), shares in
   various areas(BTC ATM's,Hydroinfra and so on) as stated in the assets statement .

#2 POBH this is a bonus which we as the QBK team are doing for the benefit of people that support us!! its not a dividend , shares payment or anything like that , its something we are giving to people that have
   purchased QBK and have decide that they will hold them in there wallet , and 50% of profits earned thru the various channels we used is given to the bagholders each month
   The other 50% is split up as follows 22% is paid out to the management fund as we all spend alot of time trading,investigating and basically do things to increase the pool
   23% is used for re-investing and investing in new ventures/coins/tech to increase the assets and monthly pool
   5% is set aside for giveaways and bonuses (such the QBK mining pool,trollbox giveaways)

   These are all stated on the OP , so the statement made that the management will get paid no matter what is , is partly true , but will be worked out on those % , so whether its 1 BTC or 100 BTC that is generated
   ALL areas will be given there % , so all will get there fair share management,bagholders,giveaways/bonuses and re-investment/investment sections..

So as for a ponzi , we are not asking anyone else to buy in or give us more funds whether they are new or old to QBK , the ICO finished and will not be increased or that , all moneys that we are giving to bagholders is from BTC/QBK generate thru the various avenues we use , there is no set guarantee on QBK/BTC that will be given out every month (but I will say we are working on increasing it all the time)

As for reporting everything that is done , this would be impossible as there could be 50 trades in a day and we would be spending all our time reporting this and no time actually doing what we do with trading and investigating new areas of investing!!

So if you think we are a ponzi, thats fine , thats your opinion and you have a right to your opinion , dont buy QBK , just like any other coin you buy or sell !!
But for the people that have faith in us , thank you for your support , we are working 7 days a week to create a great community and a unique model were all supporters will benefit!

BITDV