[BTC-TC] IPO Details for BTC-GROWTH - page 2.

Namworld

hero member

Activity: 745

Merit: 501

Quote from: nexxai on August 15, 2013, 01:17:05 PM

Quote from: Namworld on August 15, 2013, 01:08:58 PM

You have to understand that there is too much con-artists borrowing the identity of respectable persons to conduct scams. It's fine if you don't wish to provide your ID, but having a forum/exchange mod confirm it would be necessary.

Look at the "Moderator Votes" section at https://btct.co/security/BTC-GROWTH

Moderators are merely people holding 10 shares of the exchange, which qualifies them to vote on assets. Current cost of 10 shares: 3400 LTC or 86.088 BTC
BTCT.co moderators are in no way official/trusted by the exchange. They are merely shareholders of the exchange.

The host IP being the same for btcgrowth.com as the other websites is the best proof of identity available currently, as far as I'm concerned.

nexxai

newbie

Activity: 10

Merit: 0

Quote from: Namworld on August 15, 2013, 01:08:58 PM

You have to understand that there is too much con-artists borrowing the identity of respectable persons to conduct scams. It's fine if you don't wish to provide your ID, but having a forum/exchange mod confirm it would be necessary.

Look at the "Moderator Votes" section at https://btct.co/security/BTC-GROWTH

Namworld

hero member

Activity: 745

Merit: 501

Quote from: DrGregMulhauser on August 13, 2013, 02:49:59 PM

Quote from: Technologov on August 13, 2013, 12:53:30 PM

You'll have a drop a note on your website, http://psychologicalinvestor.com/ so people can believe it is really you.
You're account in this forum is too new, and lacks trust for an IPO. (which would put on hold my investment plan)

Please read the FAQ: I have no intention of attempting to prove anything to anybody except for demonstrating my identity to forum admins or exchange moderators on request, which I have already done.

If you do not trust the exchange moderator who verified my identity, then you should not participate in the fund.

You have to understand that there is too much con-artists borrowing the identity of respectable persons to conduct scams. It's fine if you don't wish to provide your ID, but having a forum/exchange mod confirm it would be necessary. Copying a website layout is easy, so is claiming to be someone or that someone verified you. Hence why people ask for more.

As a side note for anyone who didn't look it up, mulhauset.net/psychologicalinvestor.com and btcgrowth.com are all hosted on the same IP and have the same nameservers provider
mulhauser.net IP: 199.38.86.49 (Nameservers: dnsmadeeasy.com)
psychologicalinvestor.com IP: 199.38.86.49 (Nameservers: dnsmadeeasy.com)
btcgrowth.com IP: 199.38.86.49 (Nameservers: dnsmadeeasy.com)

ffssixtynine

sr. member

Activity: 364

Merit: 250

Aaaaand 600+ for sale under the asking already! Someone make a bad buy?

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

Quote from: xchrisxsays on August 15, 2013, 08:32:09 AM

Had my order in yesterday. I just wish I had more bitcoin to invest at the moment, I'm extremely impressed with this fund and I am excited for the future. Good luck, Dr. Mulhauser!

Many thanks for your support -- I appreciate it!

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

Quote from: str4wm4n on August 15, 2013, 08:52:42 AM

Will the tranches released after the IPO be at .1 btc or higher?

During the IPO itself, the only sell orders entered directly from the fund will be at .1 BTC; I'll release more during the next day or two at the same price should the first tranche be exhausted.

The section of the listing document headed "Subscriptions and Redemptions" explains how purchases and sales will be handled subsequent to the IPO, at a discount/premium to NAV, respectively.

zefyr0s

sr. member

Activity: 245

Merit: 250

I'm pretty sure they're going to be at .1 because he phrased it like so all the people who wanted to get in on the IPO could do so, which I think would mean at the IPO price.

Will how fast they sell out determine whether or not another tranche is necessary?

hl5460

legendary

Activity: 1620

Merit: 1000

news.8btc.com

Quote from: str4wm4n on August 15, 2013, 08:52:42 AM

Will the tranches released after the IPO be at .1 btc or higher?

Should be a little bit higher to make "early birds" happy.

str4wm4n

legendary

Activity: 1611

Merit: 1001

Will the tranches released after the IPO be at .1 btc or higher?

xchrisxsays

member

Activity: 98

Merit: 10

Quote from: DrGregMulhauser on August 15, 2013, 08:06:58 AM

We're now underway!

Many thanks to all those who have already begun participating; somewhere around 4500 shares have traded hands within the first 5 minutes.

Had my order in yesterday. I just wish I had more bitcoin to invest at the moment, I'm extremely impressed with this fund and I am excited for the future. Good luck, Dr. Mulhauser!

KCBitcoin

full member

Activity: 224

Merit: 100

almost half sold in the first half hour. woah.

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

We're now underway!

Many thanks to all those who have already begun participating; somewhere around 4500 shares have traded hands within the first 5 minutes.

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: stslimited on August 15, 2013, 08:01:38 AM

so we doing this? it is 1pm UK now, lets go! unlock it

You posted that just as I was watching the sales happen lol

stslimited

hero member

Activity: 546

Merit: 500

so we doing this? it is 1pm UK now, lets go! unlock it

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: stslimited on August 14, 2013, 08:07:47 AM

Quote from: DrGregMulhauser on August 14, 2013, 06:13:43 AM

For folks who didn't notice, please be aware there is a separate discussion thread for general questions or comments about the fund. This thread is intended to be solely for information about the mechanics of Thursday 15 August.

There is also a detailed listing document on the exchange itself; if you have a question or a comment to make, please be considerate to other users and read the document first to see if your question is answered there or to see if your comment coheres with the facts of how the fund is organised.

Last but not least, as I mentioned earlier, I will be out of the office today.

what is the link to the separate discussion

https://bitcointalksearch.org/topic/btc-tc-btc-growth-capital-growth-via-hedge-fund-style-investing-266828

stslimited

hero member

Activity: 546

Merit: 500

Quote from: Technologov on August 14, 2013, 05:47:22 AM

3. Fees: 2%(base)+20% (from profits) is way too high IMO. I guess I would skip this opportunity.

This is pretty standard in hedge fund land, but hedge funds haven't been getting this since 2007

the risk sharing model has been more attractive, where the manager only profits when the fund's positions profit

there hasn't been a single fund in bitcoin land that has demonstrated massive returns, and in the securities market, things have been too illiquid for a fund of massive size to replicate the returns of the securities there

stslimited

hero member

Activity: 546

Merit: 500

Quote from: DrGregMulhauser on August 14, 2013, 06:13:43 AM

For folks who didn't notice, please be aware there is a separate discussion thread for general questions or comments about the fund. This thread is intended to be solely for information about the mechanics of Thursday 15 August.

There is also a detailed listing document on the exchange itself; if you have a question or a comment to make, please be considerate to other users and read the document first to see if your question is answered there or to see if your comment coheres with the facts of how the fund is organised.

Last but not least, as I mentioned earlier, I will be out of the office today.

what is the link to the separate discussion

DrGregMulhauser

sr. member

Activity: 330

Merit: 255

For folks who didn't notice, please be aware there is a separate discussion thread for general questions or comments about the fund. This thread is intended to be solely for information about the mechanics of Thursday 15 August.

There is also a detailed listing document on the exchange itself; if you have a question or a comment to make, please be considerate to other users and read the document first to see if your question is answered there or to see if your comment coheres with the facts of how the fund is organised.

Last but not least, as I mentioned earlier, I will be out of the office today.

alexius89

hero member

Activity: 709

Merit: 500

Gridcoin Foundation

Quote

Fees: 2%(base)+20% (from profits) is way too high IMO.

definitely!

Technologov

full member

Activity: 203

Merit: 100

1. The user "Dr Greg Mulhauser" is confirmed to be the real one, the operator of the site.
1.a "If you do not trust the exchange moderator"...
Of course I do not trust. Why should I ?
2. I prefer "hedge company" vs. "hedge fund", so that the manager invests his own money with us, small investors
The reason is: risk sharing. The "boss" aka "manager" aka "general partner" should risk his own ass (personal equity).
3. Fees: 2%(base)+20% (from profits) is way too high IMO. I guess I would skip this opportunity.

I guess (much) lower fees and the fact that the manager puts his own money down on the table will push me to invest.
(This is the reason I never invest in any type of funds to begin with... only in stock companies, except if required by law, such as pension fund)

Topic: [BTC-TC] IPO Details for BTC-GROWTH - page 2. (Read 6457 times)