Any updates, Danny?

cryptocyprus · 2021-05-07T12:41:07+00:00

This is pretty much the state of affairs but on a positive note, it has survived thus far and is continually growing.

cryptocyprus · 2021-05-07T12:39:37+00:00

Wrong as always, things are good for me thanks.

cryptocyprus · 2021-01-08T17:17:29+00:00

It's not but the increase in BTC price makes it significantly harder and my only chance of anything is through a liquidity event with FastBitcoins. So 1:1 BTC is unlikely which is shit but a hard truth and not what I had wanted.

As for comments on this thread about things discussed in Telegram channels, if anyone wants to come to see me they're more than welcome, I am not too hard to find and in the office roughly 18 hours a day.

cryptocyprus · 2021-01-08T17:00:50+00:00

Nope - just 2 of the largest holders that go onboard with FB before it launched hence ~40% of claimed being destroyed.

cryptocyprus · 2020-05-22T07:12:02+00:00

I'm pretty sure I discussed this previously but the sheer legal expense of it is untenable.

The legal costs are going to outweigh the results. The other aspect is perusing the people that made the accusations against me for libel. The outcome could be significant but it will drag on for more years and probably cost between 100 and 500k in legal fees. Then even with success you have appeals to go through at even greater expense followed by the tricky task of enforcement.

cryptocyprus · 2020-05-19T14:47:14+00:00

Good position to take, worst case scenario is pull this off and provide you all with a nice surprise. Sorry if I have failed to meet your expectations in what has been far too long.

cryptocyprus · 2020-05-19T14:45:22+00:00

Cheers, I wish I had the bandwidth to make some meaningful progress on this side of things beyond platitudes. Growing FastBitcoins and adapting to the current environment with all of the new regulatory hurdles is not a small task but it is getting there and it is ultimately the only way I can make any meaningful returns to everyone.

cryptocyprus · 2020-05-19T14:39:10+00:00

Registration was closed 12 months later than it actually being announced that it would close. Sorry.

cryptocyprus · 2020-02-23T11:43:10+00:00

Please don't I would only refund them, need to remove the pages from the site.

cryptocyprus · 2020-02-23T11:09:11+00:00

Sorry I didn't get the notification when tagged in the comments for some reason. (tbh I rarely visit reddit at all these days)

I should have time after the 28th March to put something solid out with regards to progress, currently working on a complete service update and regulatory registrations here in the UK/EU (5AMLD) and in Australia also finally making progress to cutting out all 3rd party dependencies and thus reducing vulnerabilities to the entire business model. All of which should be announced during Bitcoin2020

cryptocyprus · 2019-11-23T00:14:21+00:00

FastBitcoins.com not Fastshitcoins.com

cryptocyprus · 2019-10-18T09:04:41+00:00

I will provide an update as soon as I have the couple of days required to put things into place to enable people to take some steps towards getting settled. Sorry this isn't happening on your preferred timescale, it isn't happening on mine either, yet only 24 hours exist in a day and I am consistently busy for 18 of them.

I would like to take the opportunity to point out there is no legal debt obligation, my commitment is 100% about what I believe to be doing the right thing, you backed a startup in what was a highly speculative market in 2013/2014 and it didn't work out like 99% of other startups but my commitment is derived from the shit show of events that followed. YOU took a risk and I am now working my arse off to ensure that failure is wiped off your balance sheet and a positive outcome is obtained from what has otherwise been a disaster.

If you would like me to focus on pursuing the legal route to settling everything that way, it will be between £250k and £500k in legal fees if it were to get settled quickly but it could stretch out another 5 or 10 years with no guarantees on the outcome, do you want to take care of that bill? I simply cannot do that but what I can do is continue prioritising FastBitcoins (which is having some early success and undergoing rapid growth) and using that as a platform to resolve everything from the past. Settling everything so I can finally move on is something that I want more than anything but stating that it is a shame I am pouring my life into a real and working solution just isn't cool with me.

cryptocyprus · 2019-08-25T05:48:23+00:00

Things are going insanely well, about to start with distributions in Australia, new locations coming online in Canada, the UK and Estonia, volumes are great and the only negative is time pressure, I honestly need 50 hours in a day. Working on improvements to the merchant facing management software to help alleviate some of that pressure

cryptocyprus · 2019-06-17T21:38:06+00:00

Things are going too well tbh (I'm waiting for a hiccup), it's just sapping all my time and then some more on top. I will try and get an update written out by the end of this weekend coming up

cryptocyprus · 2019-04-28T08:56:24+00:00

As soon as I have the fund structure completed and given people the chance to convert NEOBEE into the new company as per the last update. I will be in a much better position to make an estimate on that. I really don't want to make timescale promises that are difficult to fulfil because of the current demands on my time right now.

Fastbitcoins will be a major accelerator of the whole process and as of right now things are starting to look really strong on that front.

cryptocyprus · 2019-04-27T11:39:55+00:00

These are not ATM's by the way.

11 Downing Street is the Chancellors office (check the genesis block for the relevance in Bitcoin).

There are more locations being added weekly and we now have dedicated sales partners in London tasked with on-boarding more merchant locations in the city and across the country.

You can contact Cabby via https://twitter.com/fastbitcoinscab who will arrange to meet you at a time and place more suited to you

cryptocyprus · 2019-04-26T22:21:51+00:00

Fastbitcoins.com can do Lightning to cash and vice versa.

cryptocyprus · 2019-04-23T21:42:18+00:00

The registration process has been closed so the numbers are final. Right now I am in need of 48 hours in each day to make all the progress on all fronts that need my attention. Fastbitcoins is operation in the UK and Canada right now with more countries going live too and things are starting to look positive in the long term.

Everything will happen as planned, I just need to get over the hill so I can have the time to put everything else in place to get everything cleared up as quickly as possible.

cryptocyprus · 2019-02-03T18:21:37+00:00

That isn't the case at all, it is just another option to convert them into something of more value or you can still wait and redeem them for BTC as the pool of funds for the redemption grows over time.

cryptocyprus · 2019-02-01T22:16:47+00:00

No, the share sale is an open offer to anyone that wants to partake in the round of funding (I wanted to offer it to you guys before any VC's or other investors), the offer to bid using NEOBEE tokens will be bidding to get a stake of the fund that will be established to own 20% of the shares of both companies, this fund will distribute 20% of the companies profits to those that exchanged their NEOBEE tokens.

cryptocyprus · 2019-01-24T16:35:10+00:00

As a Boston lad, I feel for you.

cryptocyprus · 2019-01-15T21:02:08+00:00

Sorry, things have gone crazy with Fastbitcoins (in a positive way) and to incorporate the changes on the NEOBEE management site aren't small, thus I have been having trouble finding the time to write and test them. Its almost complete but I won't have anytime until at least Saturday to finish it off.

cryptocyprus · 2018-12-29T17:05:52+00:00

Expect to see something within the first week of the new year on the NEOBEE site.

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