[BTC-TC] BTC Growth: Capital Growth via Hedge Fund-Style Investing - page 5.

ThickAsThieves

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Quote from: Progressive on September 24, 2013, 07:19:46 AM

Quote from: ?? on ??

do you need a home for the fund, or facilities to trade?

He needs a platform for us, investors, to offer a liquidity for the shares. He is trading at BitFunder already as we know - the fund holds cca 200 BTC in Ukyo.Loan.

I would prefer Havelock. There are lower fees (but also lower liquidity). On the other hand users there have jumped on pretty much any offering (SANDSTORM, CBTC).

Liquidity after the closing of BTCT will surely improve on Havelock & BitFunder.

DrGregMulhauser

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Quote from: ThickAsThieves on September 24, 2013, 07:09:18 AM

Have you spoken with Havelock?

I'm currently in contact with one exchange operator; although Havelock is on the list of possibilities, it's not first on the list. It has a way to go yet in terms of bulking up its relatively low volume, low liquidity/wide spreads, and the absence of derivatives. However, if any exchanges make a public announcement about plans to support ex-BTC-TC assets, or contact me directly, then I'll be very happy to explore in more detail.

Progressive

full member

Activity: 181

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Quote from: ?? on ??

do you need a home for the fund, or facilities to trade?

He needs a platform for us, investors, to offer a liquidity for the shares. He is trading at BitFunder already as we know - the fund holds cca 200 BTC in Ukyo.Loan.

I would prefer Havelock. There are lower fees (but also lower liquidity). On the other hand users there have jumped on pretty much any offering (SANDSTORM, CBTC).

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: DrGregMulhauser on September 24, 2013, 06:44:53 AM

Quote from: Vexual on September 24, 2013, 06:36:58 AM

if you can't do it without an exchange, you have no place here

Sorry Vexual, but I have no idea what you're talking about (again)...

(You do get that my previous reply was to MPOE-PR and her plug for MPOE, right? You get that I was saying just because MP has an exchange does not mean he has a credible offer to provide a home for a fund of this type?)

I've already indicated that I am not willing to operate a fund of this type via email transfers, friedcat-style. Even if I were willing to do that, my guess is that very very few participants would want to continue with such severely impaired liquidity.

This has nothing to do with "can't do it without an exchange": I simply won't do it without an exchange. That's not negotiable, and if you or anyone else has a problem with that, then this fund very certainly is not for you.

Have you spoken with Havelock?

DrGregMulhauser

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Activity: 330

Merit: 255

Quote from: Vexual on September 24, 2013, 06:36:58 AM

if you can't do it without an exchange, you have no place here

Sorry Vexual, but I have no idea what you're talking about (again)...

(You do get that my previous reply was to MPOE-PR and her plug for MPOE, right? You get that I was saying just because MP has an exchange does not mean he has a credible offer to provide a home for a fund of this type?)

I've already indicated that I am not willing to operate a fund of this type via email transfers, friedcat-style. Even if I were willing to do that, my guess is that very very few participants would want to continue with such severely impaired liquidity.

This has nothing to do with "can't do it without an exchange": I simply won't do it without an exchange. That's not negotiable, and if you or anyone else has a problem with that, then this fund very certainly is not for you.

ADDITION: For the benefit of Vexual, who edited the original post to add "dont most of your investees come to you directly anyway?": no, of course not. The fund is and always has been exchange traded. (Maybe you are confusing it with a prospective private equity fund, which is a different beast altogether.)

Vexual

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if you can't do it without an exchange, you have no place here
dont most of your investees come to you directly anyway?

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

Quote from: MPOE-PR on September 23, 2013, 07:51:55 PM

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

Merely having an exchange is quite a few light years away from actually offering a credible plan forward.

This is not the time or place to debate or advertise your own exchange, but if MP has plans for a land-grab in this space -- say, by introducing significant improvements in functionality and value proposition to coincide with the sudden availability of a large number of issuers currently evaluating the merits of potential new homes, then I'm all ears. PM me, and I'd be very happy to hear what he's offering.

thy

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Quote from: drawingthesun on September 24, 2013, 01:15:12 AM

Doesn't MPEX still require a $4000 fee to start trading?

Last time i saw something about it they had raised the cost for new traders to be allowed to trade on there exchange from 20 btc to 30 btc and that was after btc started to rise they changed the fee, around half a year ago if i remember correctly, i doubt they have had a single trader sign up for that kind of silly deal as the signup was free for the traders on there exchange way back....

zefyr0s

sr. member

Activity: 245

Merit: 250

Quote from: Rannasha on September 24, 2013, 12:04:18 AM

Quote from: Vycid on September 23, 2013, 10:29:51 PM

Quote from: MPOE-PR on September 23, 2013, 07:51:55 PM

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

Is... is this an advertisement?

"Use my product, or you are incompetent!"

That's pretty much MPex's marketing strategy, along with thinly veiled insults.

Thinly? Veiled?

drawingthesun

legendary

Activity: 1176

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Doesn't MPEX still require a $4000 fee to start trading?

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: Vycid on September 23, 2013, 10:29:51 PM

Quote from: MPOE-PR on September 23, 2013, 07:51:55 PM

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

Is... is this an advertisement?

"Use my product, or you are incompetent!"

That's pretty much MPex's marketing strategy, along with thinly veiled insults.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: MPOE-PR on September 23, 2013, 07:51:55 PM

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

Is... is this an advertisement?

"Use my product, or you are incompetent!"

Code_red

member

Activity: 110

Merit: 10

Quote from: MPOE-PR on September 23, 2013, 07:51:55 PM

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

You’re truly one to talk about lack of ability.

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: DrGregMulhauser on September 23, 2013, 06:48:43 AM

Participants should be asbolutely clear about this: depending on the underlying reasons for the closure of BTC-TC, it is entirely possible that no other exchange will be able to take over BTC-TC assets; nobody yet knows the answer to this question. If no other exchange offers a credible plan, it is not possible to continue with the fund anyway.

Your ignorant approach to the matter is pretty much the reason you find yourself in this sad situation.

Pretending like "there are no solutions" because you don't actually have what it takes to use the solutions is a very flimsy excuse for your own inability.

bobboooiie

hero member

Activity: 656

Merit: 500

BTW are you actively trading right now? Because it seems like there is a lot of chances to make some profits.

thy

hero member

Activity: 685

Merit: 500

"Move the entire fund management infrastructure to another exchange" Is definately the best option for the investors i think.

nexxai

newbie

Activity: 10

Merit: 0

Quote from: Vycid on September 23, 2013, 04:11:32 PM

Greg,

You have both my respect and my endorsement for the way you have handled the BTCT shutdown. These events are precisely why I never chose to attempt to start my own fund, but your navigation of what could easily have been a complete disaster demonstrates the burgeoning potential for a responsible actor to diversify risk in the Bitcoin ecosystem.

Best wishes for future success.

Vycid

Yeah, basically this. I don't understand how you are able to deal with the constant stream of BS, but you have done so masterfully thus far. It's situations like this that make me that much more confident in leaving my investments in your hands.

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

Quote from: Vycid on September 23, 2013, 04:11:32 PM

You have both my respect and my endorsement for the way you have handled the BTCT shutdown. These events are precisely why I never chose to attempt to start my own fund, but your navigation of what could easily have been a complete disaster demonstrates the burgeoning potential for a responsible actor to diversify risk in the Bitcoin ecosystem.

Best wishes for future success.

Many thanks for your kind words and encouragement, Vycid -- I appreciate it.

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Greg,

You have both my respect and my endorsement for the way you have handled the BTCT shutdown. These events are precisely why I never chose to attempt to start my own fund, but your navigation of what could easily have been a complete disaster demonstrates the burgeoning potential for a responsible actor to diversify risk in the Bitcoin ecosystem.

Best wishes for future success.

Vycid

bobboooiie

hero member

Activity: 656

Merit: 500

Quote from: DrGregMulhauser on September 23, 2013, 10:41:19 AM

We're all grown-ups here

Well this is a first false statement you have ever wrote here

(you probably dont follow actm or labcoin thread)

Topic: [BTC-TC] BTC Growth: Capital Growth via Hedge Fund-Style Investing - page 5. (Read 251447 times)