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Showing 7 of 7 results by kryptoking
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Topic
Board Altcoin Discussion
Re: Looking for investors for a new cryptocurrency
by
kryptoking
on 14/12/2013, 02:31:42 UTC
I can sincerely say a $100,000 investment will have a very high likelihood of yielding a $10 million+ return (for the investor).
And this is the part when I'm stating to get worried.
x100 times the investment.
And of course , it will be in less than two months isn't it?

Im probably greed, but if I knew way how to turn $100,000 investment to $10 million+, I would cash all my investments and assets and keep the profit to myselves. But obviously only kids and loosers cannot do this...

There's such a thing called variance my grammatically challenged friend. The best of us can get stuck in a rut sometimes, suffer bad beats or setbacks for one reason or another.

Post
Topic
Board Lending
Re: Business Investment Opportunity - Online Casino
by
kryptoking
on 13/12/2013, 00:43:08 UTC
That's pretty bull, a casino that will make you rich from day one, yet you do nothing and still own 50% of it.
Are you telling me that the investor must supply all funds and they only get 50%?
It doesn't sound like will even build the platform, are you going to hire someone to do that too, with the investor's money?

Quote
Wasn't there a seasoned forumer here who took you guys for something like 700,000 coins?

... No?

Hi moonbux,

well I'd like to think I'll be heavily involved in the operational side of the business...and considering I am the one bringing the idea to the table 50% doesn't seem unfair. In any case, this can be discussed with investors and negotiated. I'm not saying I'm willing to move from 50% but equity negotiations are bound to happen.

No I will not build the platform, that's what the investment is for. If I could why would I be seeking investment?

Well maybe not 700k BTC but def atleast 200k - Shavers was his name.
And not to mention the other countless scammers who have come, profited and disappeared because naive people choose to place faith in post counts and member join date.

Appreciate your input but not necessarily your tone.

Sorry about my tone, but these scammers are scammers.  We really shouldn't be comparing anything with them.
On the other hand, you have even less posts and less trust the scammers obtained before they ran away.  Therefore you are stating that you are even more likely to scam, no?

I understand that you do not want to run away with the money, but 50% is quite a lot for someone that does not put any sort of investment in other than his/her time.  Why can't the lender just buy his own site, run it himself?  What do you mean "operational side?"
Basically you'll be admin and run the site?  IMO it's not that hard if you are just answering questions with the lender purchasing the whole dev team.

Are you interested in investing but believe 50% is too high? What equity do you think I should be taking? To be frank I'm not one to get hung up on equity percentages especially this early on. What's important is finding the right partner/investor and getting this project going.

Lol, by operations I mean getting the punters to the site as well as a whole host of tasks that are required in running any business. I wouldn't be 'answering questions' as you put it- there are a ton of cute Filipino women available to take on the roles of CSR. Smiley

PM me mate if you're interested and for god's sake stop focusing on the details that quite honestly aren't that important AT THIS STAGE!
Post
Topic
Board Lending
Re: Business Investment Opportunity - Online Casino
by
kryptoking
on 12/12/2013, 22:09:25 UTC
That's pretty bull, a casino that will make you rich from day one, yet you do nothing and still own 50% of it.
Are you telling me that the investor must supply all funds and they only get 50%?
It doesn't sound like will even build the platform, are you going to hire someone to do that too, with the investor's money?

Quote
Wasn't there a seasoned forumer here who took you guys for something like 700,000 coins?

... No?

Hi moonbux,

well I'd like to think I'll be heavily involved in the operational side of the business...and considering I am the one bringing the idea to the table 50% doesn't seem unfair. In any case, this can be discussed with investors and negotiated. I'm not saying I'm willing to move from 50% but equity negotiations are bound to happen.

No I will not build the platform, that's what the investment is for. If I could why would I be seeking investment?

Well maybe not 700k BTC but def atleast 200k - Shavers was his name.
And not to mention the other countless scammers who have come, profited and disappeared because naive people choose to place faith in post counts and member join date.

Appreciate your input but not necessarily your tone.
Post
Topic
Board Lending
Re: Business Investment Opportunity - Online Casino
by
kryptoking
on 12/12/2013, 21:58:28 UTC
Wasn't there a seasoned forumer here who took you guys for something like 700,000 coins?

It doesn't matter if I spent 12 months building up a presence - If my intention is to scam anybody I'm going to scam.

Didn't you read my post? I know it's ridiculous to ask anybody to hand you over any money especially if you don't know them or have an air tight contract in place.

I'm hoping a smart investor will realise we can do this without placing any funds with me.

I appreciate your concerns but I'm not going to defend myself to any ends. The way this deal will be structured the investor/s will not need to have any faith in me.

Post
Topic
Board Lending
Topic OP
Business Investment Opportunity - Online Casino
by
kryptoking
on 12/12/2013, 21:44:42 UTC
Hi,

*Please PM if interested.* Mod - if this thread would be more suited for another section such as the gamling section then please move it. Cheers.

In this world I believe there are people with ideas, capital or a skill set. A small lucky minority of us possess all 3 sometime in our lives but for most of us we get along with one.

I have an idea, well more of a business model for an online casino. It doesn't rely on giving away huge amounts in bonuses or spending millions on marketing. Profit will be yielded from day one. Significant profit.

If it's a bitcoin only casino then we won't need a licence from day one. However this business model would work better if credit cards, wire transfers and other payment methods were also accepted. Of course if we were to go through this route initial start up costs would be greater.

Let's assume to prove the model we initially accept bitcoin only. We need to create our own independent software. This is a minimum requirement. White label solutions will not be appropriate for our purposes. Start up costs will range from $20k to $100k.

Next we have marketing costs ($5k and less) and returns will be reinvested without any further capital outlay.


I'm based in London, UK. I don't mind where the investor is based. I don't need you to send me any money. As long as you are prepared to spend the $ to create the casino platform and we have a contract written up where I am a 50% share holder we can make this work.

-

It takes a person of a certain mindset to operate in this sector, so please only consider this if your main priority is to MAKE MONEY. We will not be setting up an NGO or soup kitchen - if you catch my drift.

-

Thanks for the opportunity to pitch,

Kev.

P.S. I will not discuss anything with anybody who is not prepared to show me they have the necessary capital for investment. A signed message from an address with >50 BTC will more than suffice.

P.P.S. With my profits from this venture I plan to reinvest in a cryptocurrency that I will market in developing and emerging markets. I will of course allow my investors to be part of this venture too.

Post
Topic
Board Altcoin Discussion
Re: Looking for investors for a new cryptocurrency
by
kryptoking
on 08/12/2013, 16:25:07 UTC
I think your analysis of a gap and opportunity in the marketplace is likely a strong possibility and I wish you luck.

I was just wondering why such a heavy initial investment would be required? Is this purely to kickstart a massive marketing campaign to facilitate its launch or did you have something else in mind? Are you leaning towards seo, PPC or more traditional methods?

Cheers,


The majority of the marketing would be traditional methods as the target market aren't as avid users of the internet as the average bitcoin holder as of this moment. In many instances we would not need to pay for this marketing as those medium owners would be 'incentivised' by our key partners. Aim is to create a movement, hysteria - this cannot be achieved with seo, PPC.

The initial capital would be used to create the currency (not that expensive), create a concise marketing strategy (the currency will be created after this step), travel costs etc. Think about the real costs involved when introducing any investment scheme and assume we will incur those.

I would prefer to go into more details but not in such a public setting. Please PM if you have any interest.



 
Post
Topic
Board Altcoin Discussion
Topic OP
Looking for investors for a new cryptocurrency
by
kryptoking
on 08/12/2013, 15:01:34 UTC
Hi folks,

As soon as I'm 'allowed' I will post this in the appropriate forum section.

Bitcoin has undoubtedly done very well and I sincerely wish it the best of luck for the future but there is a HUGE opportunity here to make some tweaks under the hood and introduce and market a currency in markets that for the most part have been ignored.

I will be happy to discuss more over the phone or Skype so please PM me to arrange this. At this stage and probably no stage am I seeking lots of small scale investors but rather a few persons who have business experience, can quickly get to grips with big ideas, self described risk-takers and funds that they can afford to lose if things turn tits up (which they can determine the likelihood of after our chat). I can sincerely say a $100,000 investment will have a very high likelihood of yielding a $10 million+ return (for the investor).

Bitcoin has set the stage and it's now time for the second act.

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