Topic: [Investment fund] Gamma Bitcoin Fund [Closed] - page 34. (Read 84436 times)

The second point is, with the recent release of Pictures of pirate as well as some proof on concept and evidence of what he does, I want to ask the investors once again, would you be okay with a 3-5% exposure to pirate?

Hi DeaDTerra, I agree with everyone else - please feel free to invest the GBF funds into other business ventures that you control but not with Pirate so that we can keep our Pirate exposure separate from GBF (I use Bitcoinmax myself).

Thanks and keep up the great work!

Ehm sure I guess :P
I am up for going and taking a beer :D
//DeaDTerra

+1

Wait, what did I miss?

How about just getting drunk?

...as well as some proof on concept and evidence of what he does...

hey guys,
I have decided that I am going to go to the London Bitcoin Conference :D
So if anyone want to meet me face to face, and talk Bitcoin, investments and much more then go to the conference :)
//DeaDTerra

That's what it all comes down to in the end.

You're the guy we come looking for with pitchforks and battle axes when things go wrong whose judgement we're banking on.

 

My vote: Whatever you think gives us the most return with the best risk management strategy.

I will keep doing my best with what I have.
//DeaDTerra

As long as the risk is managed smartly, I support whatever decisions you make.

+1

Up to you! I could go either way, but I think that the majority of people will at the least support the GIPPT idea. It does suck to lose coins in the fund , maybe just have the direct pirate exposure of 3-5% very temporary?

Okay maybe I should explain my path of thought
The constant price increase makes people avoid buying shares on GLBSE, as buying shares on GLBSE becomes like kind of a shorting. When the USD price increases the GLBSE turns bearish as mentioned previously. I won't go in to the details but anyone that has observed the GLBSE market knows this. When the Bitcoin price increase the GLBSE share prices decrease. No in a 1:1 ratio but still enough for GBF to feel the downward trend of the share prices.

This is fine for anyone that want to gain USD as the ratio is not 1:1, you still gain net value in USD. But for us BTC savers, it's bad as the share prices lose value in BTC. This leads to a hill I have to climb every time the price increases, as our portfolio value decreases. I have tried liquidating but as mentioned previously due to the bearish market and out big investments (we are huge compared to the average trader on GLBSE), liquidating is hard and slow.

Hence I want to move into stable bonds/deposits which are not effected by the market. Most of these are somehow connected to pirate, unfortunately and to counter act the dropping GLBSE market, I was thinking if we invest a couple of percent then we can counter act the lose of portfolio value.

But it's up to you guys

I will keep doing my best with what I have.
//DeaDTerra