Topic: [CLOSING...] MOVETO.FUND - MoveTo Growth Fund - page 10. (Read 12831 times)

Assume the average coupon/face rate of mining bonds at this moment is 1.4% per week. Then MOVETO.FUND could have the expected return rate of 1.4%*2-0.75%=2.05% per week by just holding a bunch of mining bonds and do no trading at all. If you decide to be more risk tolerated and do some trading, it could be much more.

However, it all depends on how MOVETO.BOND sells. BDK.BND pays 1% per week and is issued by a forum member who already established his fame. Its current market cap has not exceeded 3,000 BTC. If I were you, I will consider 1,000 BTC by selling MOVETO.BOND to be very very lucky, because both the interest rates and existing credits of BDK.BND are better than MOVETO.BOND.

So: Are you OK with starting small? Could you still operate well without a fully deployed 2x leverage? If MOVETO.BOND doesn't sell well, then MOVETO.FUND will probably also not, because investors know that your fund relies on leverages.

I guess you have considered them all already. But I still hope my questions could help you with a something like a plan-B if things don't turn out to be perfect.

In the near future I do not plan to release the source code, since it gives competitors an edge in the very thin market right now for GLBSE funds. However, in the more distant future I probably will release some of the code (it's very simple code anyway) since an open source platform for GLBSE-based trading and backtesting would certainly be something that would benefit everyone.

Do you plan on open sourcing parts of this stuff? Fetching statistics etc. for example would do no harm to your business in any way and your proprietory algorithm can be capsuled away in a small class/config file somewhere maybe...

Progress update

Here is the debug output:

Debug> updating GLBSE_TICKERS.lst

Debug> no dividends found for BTC
Debug> no dividends found for JLP
Debug> updating JLP-BMD.gdv
Debug> updating BITCOINTORRENTZ.gdv
Debug> no dividends found for ENJAN16
Debug> no dividends found for BM
Debug> updating BMMO.gdv
Debug> no dividends found for EN
Debug> updating BIT.INC.gdv
Debug> updating TYGRR.BOND-B.gdv
Debug> updating TYGRR.TECH.gdv
Debug> no dividends found for UBTC
Debug> no dividends found for CRYPTOL
Debug> no dividends found for CC
Debug> no dividends found for CIB-SOLUTIONS
Debug> updating MU.gdv
Debug> updating COGNITIVE.gdv
Debug> updating IBB.gdv
Debug> updating M.ETF.gdv
Debug> updating MPOE.ETF.gdv
Debug> updating BTCSYN.gdv
Debug> updating RSM.gdv
Debug> updating MERGEDMINING.gdv
Debug> updating FPGA.CONTRACT.gdv
Debug> no dividends found for SATOSHISDAEMON.HORSE
Debug> no dividends found for CHEAPERINBITCOINS-STOCKS
Debug> updating PUREMINING.gdv
Debug> no dividends found for BST
Debug> updating BTCWEB.gdv
Debug> updating SS.gdv
Debug> updating TYGRR.BOT.gdv
Debug> updating FPGA-EU.gdv
Debug> updating AA.gdv
Debug> updating BITBOND.gdv
Debug> updating BFLS.gdv
Debug> updating GIGAMINING.gdv
Debug> no dividends found for BTCMC
Debug> updating YABMC.gdv
Debug> updating TCC.gdv
Debug> no dividends found for BFLS.FUTURES
Debug> no dividends found for CANMINE
Debug> updating PPT.gdv
Debug> no dividends found for PPT.A
Debug> updating BTC-MINING.gdv
Debug> updating ABM.gdv
Debug> updating MATH.gdv
Debug> updating FPGA-IPCORE-DEV.gdv
Debug> updating JAH.gdv
Debug> no dividends found for RUGATU
Debug> updating BDK.gdv
Debug> no dividends found for PPT.B
Debug> no dividends found for ANTI-PIRATE
Debug> no dividends found for PPT.C
Debug> updating ZIP.A.gdv
Debug> updating ZETA-MINING.gdv
Debug> updating TEEK.A.gdv
Debug> updating TEEK.B.gdv
Debug> updating BDK.BND.gdv
Debug> no dividends found for GOLD
Debug> no dividends found for SILVER
Debug> no dividends found for PPT.D
Debug> updating TICKER.gdv
Debug> updating PLATINUM.gdv
Debug> updating RAREEARTH.gdv
Debug> no dividends found for DMC
Debug> no dividends found for REBATE
Debug> updating TYGRR.BOND-A.gdv
Debug> updating BIOETHANOL.gdv
Debug> no dividends found for GREEN
Debug> updating PPT.DIV.gdv
Debug> no dividends found for JTGB
Debug> no dividends found for IMPACT
Debug> no dividends found for PPT.E
Debug> no dividends found for HEDGE
Debug> no dividends found for BMF
Debug> updating 007.gdv
Debug> no dividends found for MINING
Debug> no dividends found for NONVERBA
Debug> no dividends found for MOORE
Debug> no dividends found for TYGRR.BOND-P
Debug> no dividends found for ABSORB.1.4-6.LONG
Debug> no dividends found for ABSORB.1.4-6.SHORT
Debug> no dividends found for HEDGE.TYGRR.BOND-B.LONG
Debug> no dividends found for HEDGE.TYGRR.BOND-B.SHORT
Debug> no dividends found for FZB.A
Debug> no dividends found for FOO.PPPPT
Debug> no dividends found for BIB.PIRATE
Debug> no dividends found for HEDGE.TEEK.B.LONG
Debug> no dividends found for HEDGE.TEEK.B.SHORT
Debug> no dividends found for HEDGE.GIGAMINING.LONG
Debug> no dividends found for HEDGE.GIGAMINING.SHORT

Debug> updating GLBSE_TRADES.lst
Debug> recent_id: 206852516879679488
Debug> No new trades found.

The fund is now closing