MOTHERFCKING GOX BULLSHITTING TO SCARE NOOBs. This is not a FLAW but the design of wallet to validate transactions. It has BEEN FIXED by reference design. But fcking retard Marks still didnt get his shitty wallet software updated.

Mark, you're a worthless POS.

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.

does anyone know what is the percentage of bitcoins that are exchanged? %10? %20?

I exchange (or risk in different ways) about %10 of my bitcoins. I wouldn't go above this unless bitcoin price went above 1000 Euros. I guess most of the bitcoins are held by people like me (i.e. natural selection, if you are not like this, you sell your bitcoins, your bitcoins end up with someone who is like this)...

So 100 Million euros is huge. You will be trying to buy a good percentage of all the bitcoins that are being exchanged. That will drive the price sky high.

But I guess one important point is that you should probably not buy bitcoins immediately whatever the price may be, and instead have some flexibility. Otherwise you will drive the market price too high before you buy, instead of after.

As you have been told a million times, it doesnt matter where the company issuing the stock is incorporated (afaik labcoin isnt even incorporated). You have to follow US law when soliciting funds for unregistered securities from (unsophisticated) US citizens in the US. Even less doubt if the promoter/agent is a US citizen living in the US.

What the securities are about is of no importance, you cant promote and sell unregistered Nigerian stocks in the US, just because Nigerian law would allow it.

There is a reason Burnside at some point planned to deny access to his exchange for US citizens,  but you seem to daft to grasp why.

I think you should worry about running your own company. You made some bad decisions investing reserves (without motion) into Labcoin and Asicminer at their peaks and lost value. Also, not to mention that basic-mining share value has consistently been dropping for awhile. Posts like these make you look unprofessional/unethical.

+1 for Bitfunder. Interface is great and everything works the way it should. Weexchange is definitely weird but it does work, I've never had problems moving bitcoins through them. Coins show up in about 20 minutes and it's free. Does anyone know why they use that service at all? Why can't they just accept and release bitcoins directly?

Yes, but at least he was really ashing

Danny it would be a good move if you provide a link to your presentation once this is delivered in the Amsterdam meeting.

There are going to be some broke pissed off Americans in a few hours.

Yeah I'm holding now. Let's see how they resolve this.

I was on the bog and saw the news on my phone... Jumped onto the Pc and did the trade. I may be the biggest c*nt on here if it was my fault...

Ah well still got 6k more, was riding it out then anyway

I don't think that was to be taken seriously.. he was obviously joking

The chips are only able to run at 1.8Gh/s and they've been having issues with them, but it's possible some of that may be fixable in software.

It would be nice if they gave us a more detailed schedule for when they're going to bring hashpower online.  Right now it's "Two Weeks^TM" before they are supposed have 25x their current hashpower.

If they achieve that it should certainly boost the price. If they don't, it will tank.