Topic: [ANN] BitMEX Fund - Ethereum Smart Contract BitMEX Trading Fund (Read 552 times)

BitMEX Fund May 25 Performance

Trades ..................... 24

Account P/L .............. +18.4%  

Average Leverage.......  8.87%

XB10 Deposit ............  0.149 ETH



May 20   ......  +12.1%
May 21   ......  +7.4%
May 22   ......  +8.6%
May 23   ......  +6.3%
May 24   ......  +4.1%
May 25   ......  +18.4%




bitmex.fund

BitMEX Fund May 24 Performance

Trades ..................... 9

Account P/L .............. +4.1%  

Average Leverage.......  9.38%

XB10 Deposit ............  0.032 ETH



May 20   ......  +12.1%
May 21   ......  +7.4%
May 22   ......  +8.6%
May 23   ......  +6.3%
May 24   ......  +4.1%




bitmex.fund

LOL, you decide to "miss" my post because you don't know how to answer that?

BitMEX Fund May 23 Performance

Trades ..................... 18

Account P/L .............. +6.3%  

Average Leverage.......  9.79%

XB10 Deposit ............  0.056 ETH



May 20   ......  +12.1%
May 21   ......  +7.4%
May 22   ......  +8.6%
May 23   ......  +6.3%




bitmex.fund

Right... you don't need outside fund, that's why you raised a crowdfunding. Make sense. I must be very dumb for failing to see the connection.


Funny. Do you mind telling us on what sector you're working? Because as far as I know, unless you do your trade on working hour (which pretty much violate any company's rule, which also means you don't have enough processing unit on your intetnal hardware called "brain" if you do that) and unless it is stated on the contract to never have a freelance/side/part time job, any employees have rights to do anything they pleased on their freetime, and trading can be considered as side job.


and why would they do that? I don't see why bitMEX would suspend any account unless the said account violate terms and agreement. Which... we can either assume your activities do violate it --which means the project is not worth investing-- or your reason is invalid --which means you could share your trading history as a proof of your report.


Kinda sure you said that you don't need funding few paragraphs above

You are right.  We don't need outside funds.   We've been trading
on our own accounts in BitMEX for 5 months now.

There's also a reason our group wants to remain anonymous.   Cryptocurrency
trading is not looked upon highly by our current employers.

We also do not want BitMEX closing any of our accounts.

We have created the Ethereum XB10 contract as a method for anyone to be able to participate
in a unified trading fund easily and anonymously.   

Cheers.

Again, you serve your "performance report" without adequate info and data of which the report formulated from. Anybody can just pull a random number from their mind and said "hey look, I made this percentage of profit!" Unless you can provide the repeatedly requested data, your report is not credible and can be considered as misleading, thus when combined with the ponzi scheme, lead to a possible scam attempt.

Looks like a definite scam trying to lure sheep into his trap.  If you are so successful with bitmex trading why would you need outside funds when you could rapidly grow your own money with compounding.

Blush me?

WTF

You don't have enough M's.

What's the fuck?
Poste proof to the team?
Your project is completely fake !!!!!!!!!!!!!!!!!!!!!!
I blush you, if you post proof, I take away my review, until there I have the nose full of SCAMMMMMMMMMMMMM project!



SCAMMMMMMMMMMMMMMMMM "!!!!!![/color]

BitMEX Fund May 22 Performance

Trades ..................... 7

Account P/L .............. +8.6%  

Average Leverage.......  9.34%

XB10 Deposit ............  0.082 ETH



May 20   ......  +12.1%
May 21   ......  +7.4%
May 22   ......  +8.6%




bitmex.fund

May 20   ......  +12.1%
May 21   ......  +7.4%

The contract is not a ponzi.   It is a vehicle for distributing fund returns among the shareholders in an equitable way.    Shareholders are rewarded for buying early and holding their shares longer. 

Stay tuned Mr. Free Bitcoin.

He won't reply, he is ignoring everyone posts and waiting for sheeps to fall into his trap...hopefully no one will touch this!

Awesome!!! 12% profits!!! You must be very good on what you do... namely typing numbers and letters. Is there any way to back up this "report"? Some trading history, perhaps?

I also believe everyone here still like to see the faces behind team, or proofs of partnership with said entities.

BitMEX Fund May 20 Performance

Trades ..................... 11

Account P/L .............. +12.1% 

Average Leverage.......  9.54%

Yeah I agree the site looks like standard ponzi scheme, team members aren't announced and verified. Also these infos about JP Morgan, Goldman Sachs etc. looks more scam.

the team is non-existent. I advise you to be very careful

Ok, let me point out two things; one, you adapt a system where everytime a new (let's say) investor invest, 19% of their fund are allocated to the existing members. Thus, ponzi scheme. Two, you basically asked people to trust their funds into you (or your team, whatever term you choose) for you to trade, under the claim that you're an expert. I don't get it, why should people trust you, again?

It's a scam (some sort of a ponzi on first look), stay away from it if you don't want to lose your hard earned money..

What is this? Bitmex did not released any news about any fund. Another Scam or what? Any feedback from the community?

I do not think you have such solid partners. That's fake info. Everything just does not fit together. Such funny website and UBS, Goldman Sachs, JPMorgan Chase, Deutsche Bank etc. Deutsche bank for example will not do that. And the others, too. Contract balance is 0.1 ETH, that says it all

Hi,

Upon checking your website, I noticed that you stated about your team member's profile mentioning that you worked with various high-profile ranking groups including JP Morgan, UBS, Goldman Sachs, etc. but they can be easily claimed by anyone. Any more proof and evidences to further strengthen this claim?

How does it work?
When you send your ETH to the XB10 contract you will purchase a calculated number of XB10 shares. The price of XB10 increases with the number of shares in the contract. The XB10 contract will allocate 80% of your invested ETH to the Bitmex Trading fund. 5% will be distributed to other XB10 token holders. 15% is retained in the Ethereum contract. If you ever sell your XB10 shares, 10% will be deducted as an exit fee and distributed to all remaining XB10 shareholders. But if you sell you will lose your ongoing BitMEX trading profit distributions.

The trading portion of deposits from the XB10 contract are converted to BTC and deposited to the Bitmex trading account. When profits are made in the accounts, 14% are retained for the developers, 80% are deposited into the XB10 contract and distributed to XB10 shareholders,and 4% are retained as additional reimvested capital for the Bitmex trading account.

By the numbers:

   10% of every Ethereum deposit is distributed to all current XB10 shareholders.
   10% of each sale of XB10 shares is distributed to all current XB10 shareholders.
   5% Referral Commission.
   Developers are only paid a portion of Profits(14%) made from trading on the BitMEX account.
   80% of profits from trading on BitMEX are distributed back to XB10 shareholders daily through the XB10 contract.
   6% of profits from trading are retained in the BitMEX account balance.


5% Affiliate Commission
Everytime your referrals deposit to the contract, you will receive a 5% commission.


Frequently Asked Questions

What is BitMEX Fund?
BitMEX Fund is an investment vehicle which allows you to invest ETH into the XB10 smart contract and take advantage of experienced futures traders using our proprietary algo trading system on the BitMEX Cryptocurrency Futures Exchange. Our first fund trades 10X leverage on the XBTUSD Perpetual Inverse Swap Contract. Nearly all of our trades are made on market making orders and receive 0.075% payments on each order.

How do I invest?
You will invest using Ethereum to buy XB10 shares. You will need an Ethereum wallet such as metamask or trustwallet. Just enter the amount of Ethereum you want to invest and the page will tell you the number of XB10 shares you will receive. Then complete the transaction with you wallet provider.

When can I invest?
Our token exchange will launch at 2200 UTC on March 17, 2019.

When will the first Bitmex trades begin?
We will make our first deposit from the fund on March 20, 2019 or later. Addional deposits from the fund will happen daily at 2200 UTC. Profits from the Bitmex accounts will sent to the XB10 Ethereum contract and automatically distributed to XB10 token holders. Distibututions are made in relation to the amount of XB10 tokens you own. You will be able to check the status of your account at bitmex.fund.

What happens when I invest in XB10 shares?
When you send your ETH to the XB10 contract you will purchase a calculated number of XB10 shares. The price of XB10 increases with the number of shares in the contract. The XB10 contract will allocate 80% of your invested ETH to the Bitmex Trading fund. 5% will be distributed to other XB10 token holders. 15% will be kept in the contract for liquidity. If you ever sell your XB10 shares, 10% will be deducted as an exit fee and distributed to all remaining XB10 shareholders. But if you sell you will lose your ongoing BitMEX trading profit distributions.

What happens with Bitmex trading account?
Deposits from the XB10 are converted to BTC and deposited to our Bitmex trading account. When profits are made in the accounts, 14% are retained for the developers, 80% are deposited into the XB10 contract and distributed to XB10 shareholders,and 4% are retained as additional reimvested capital for the Bitmex trading account.

What happens while I hold my XB10 shares?
Each day at 2200 UTC any Bitmex trading profits made for day will be deposited into the XB10 contract and automatically distributed to your profit fund. At any time you may withdraw you profits or reinvest them for additional XB10 shares. You will continue to receive Bitmex profits as long as you hold XB10 shares. You will also receive 5% of any XB10 purchaes and 10% of any XB10 sales as long you hold your XB10 shares.

What happens if I sell my XB10 shares?
When you sell your XB10 shares you will receive your remaining balance less 10% which is distributed to remaining XB10 shareholders. You will also receive your remaining profit fund amount. You will only receive Bitmex profit proceeds while you hold XB10 shares.

What fees do the developers take?
We only take a percentage of the PROFITS made through Bitmex 10X leverage trading. We retain 14% of the profits and return 86% of the profits to the XB10 shareholders. 5% of each XB10 buy is distributed immediately to all XB10 shareholders. 10% of each XB10 sale is distributed to all XB10 shareholders. The idea is to make holding XB10 shares pay.

Who are the developers?
We are a group of Equities and Futures traders who decided to focus on incorporating our automated systems developed for the traditional equities and futures markets for the cryptocurrency spot and futures markets. Our team has decades of experience in trading using sophisticated machine learning algorithms for SmartAI automated trading.

What is SmartAI automated trading?
The most powerful AI is not yet ready to match up with human traders in real world markets. We use our automated trading system as a tool for our group of traders to use.

Is there a guaranteed return?
No. The crypto futures market is risky and there is no way to guarantee a return on your investment. Our Bitmex 10X system is relatively agressive but uses only 10X leverage on trades. Our target is to return greater than 10% in profit per day. But this will not happen with regularity. Some days will see 50% in profit while other days will incur losses.