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Showing 4 of 4 results by Timothey77
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Board Archival
Re: [ANN] [ICO] MY SAFE HOUSE - Protect Your Wealth And Life of Your Families
by
Timothey77
on 26/11/2017, 06:15:25 UTC
Just visited LinkedIn.

Your team members on have in many cases less than 10 connections, in most cases less than 50.

Are you even real or is this another scam?
Post
Topic
Board Archival
Re: [ANN] [ICO] MY SAFE HOUSE - Protect Your Wealth And Life of Your Families
by
Timothey77
on 26/11/2017, 05:36:19 UTC
Are you guys trying to rip off www.valhallacoin.com?

They have US Navy SEALs doing this, and the FBI. They are also in Singapore, EU and USA, but their solution works.

An EMP happens: Your solution: ....there is still nuclear fallout...poisons your plants and water supply. You stay you die. Their solution: they fly you out immediately.

Your digital wallet: How does it work when after an EMP there is NO ELECTRICITY or power anywhere? It makes sense when you evacuate the zone like the Valhalla Coin people do, but no sense if you stay in the zone.

"Our specialist rescue team" You don't have any.

Sorry, your proposition doesn't make ANY sense.


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] ORCA - Open and Regulated Cryptocurrency Adoption
by
Timothey77
on 07/11/2017, 02:49:35 UTC
Just read the white paper.

Interesting concept.

You also had all your disclaimers and limitations of liability there.

I was just in another thread where a 'senior member' ripped a new a**hole to someone who's white paper, also included them. Of course, they should be in there.

Best of luck with the project.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [VHL] Valhalla Coin:Killer app for cryptocurrency adoption(Staying Alive)
by
Timothey77
on 07/11/2017, 02:27:50 UTC
I think you are having a serious emotional reaction.

Let's have a look at your complaints.

1) amount of tokens to be issued, cost per token, or the amount of money you are hoping to raise:
>> This is very common with announcements. The detail likely comes sooner to the event itself.

2) You don't even need crypto or blockchain technology to do this, people could just prepay with fiat
>>> It's in the Whitepaper FAQ. I skimmed and found it. Blockchain is primarily for privacy and stops the person from who delivers the service from knowing the identity of the contact holder in advance. That makes sense.

3) your Singapore registration
What's wrong with Singapore? Have you read the IRS revenue recognition issues that are driving companies into the Swiss Tezos situation ?

4) your long disclaimer section
Needed as part of SEC rules to allow qualified investors. I just read 5 more ICO white papers today, the the non-Soviet ones have them.

5) But you DO collect (the information), or at least intend to
That's because Singapore, the USA and other developed economies have KYC in place. It's required for anti-money laundering, and only for the ICO section.
Once the tokens are bought, I imagine it's wide open. Anyone can buy contracts and the platform doesn't record the information. There's no reason for the token sale and platform identities to be linked, so I think it's a false assumption.
Also they probably outsource the KYC information to Civic or someone similar, so they may never ever see it. With the privacy background of the people involved, that's 95% what I imagine ill happen.

6) G-Man?
I doubt it. Probably very anti-G-Man