Topic: New BTC Fund and GBBG BTC Venture - page 7. (Read 18354 times)

20% goes to the tag owner
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10% goes to the charity
5% goes to the tag owner sponsors

I have a sneaking suspicion that this ladies avatar is not her real photo...

Bitcoin is a brand-new protocol. It is only just beginning to have mainstream firms looking at it with any form of serious interest. We are sure there will be many organizations come and go over the next few years as this new protocol matures. We will do the best we can to bring opportunities to our members within the bitcoin economy. However, you must understand it is beyond our control to ensure that products and offers promoted by third parties will in fact be delivered as promised, or be sustainable.

This is virgin territory. Most of the original firms in this new marketplace are small, undercapitalized, and organized by amateur developers and hackers at best. However, there are mainstream organizations beginning to dabble with bitcoin. We are seeing increasing activity in Silicon Valley and in the VC world regarding this new protocol. It is only a matter of time before more professional, well-funded organizations begin to bring forth opportunities with serious longevity.

On a brighter note, the managers of the GBBG Bitcoin Fund have uncovered two ventures that appear to have very strong upside potential. Both of these ventures will bring real-world product distribution and online services into the bitcoin world. They are both well planned and appear to have solid management. Our organization is negotiating some technical and capital involvement with both organizations. In return, we expect revenues and profits that will be distributable to our membership. Again, these are real-world product distribution opportunities that will help to ‘legitimize’ bitcoin and give bitcoin participants places to use their bitcoins in a standard transactionary manner.

One of the major hurdles facing bitcoin as a protocol is that vendors begin to accept it as a valid form of payment. Retailers and service providers must adapt this ‘currency’ and validate it by allowing people to pay using it. One of our goals is to seek out and promote credible opportunities in this arena. Both of the opportunities mentioned above represent this. They both will offer real-world products and services that can be purchased using bitcoin. Therefore, we are excited to be working with them to bring their ideas into reality.

As you know, many of the upstarts in this economy are brand-new. There are thousands of ideas, businesses, and projects being developed by thousands of people around the world. It is only a matter of time before some leaders begin to emerge with real, tangible product and service offers accepting bitcoin as their currency. We are not far enough along in the development of our core products, or the core products of a few ventures we are partnering with to disclose certain details. Rest assured, we will provide much more information as soon as we are able. The future of bitcoin is bright in our eyes. We know there are some very good things coming down the pipeline. Our opinion is that early adopters of this protocol (such as our members) stand to benefit the most.

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Oh, and as to my health, no worry, I am a late bloomer 

I have a sneaking suspicion that this ladies avatar is not her real photo...

"very narrow minded guys" LOL. 

Surely most people realize that this has the telltale signs of a classic investment scam:

• sales person going to great lengths to appear trustworthy and defend their reputation
• too-good-to-be true upwards trending graphs
• a structure that makes it easy for the founders to "take the money and run" at a future date

Also the misleading category and subject line to get people reading this thread is disingenuous.

At best, it is an unwise investment due to the extremely high probability of it being a scam.

How do new shares get introduced? How is the price set and where does the money go? Can people sell their shares back to the fund for their share of the fund's holdings under any conditions?

Danknug rather than assume anything first try and go to the website and read it.
Enough with assuming ya.What kinda name is Danknug by the way?
Like I said before and I will say again this website is already getting more and more popular because there are people out there that see the value in it.
We don't need salesmen here,people actually read the website and get it and then join.
You say unwise investment in something,yet you are here with us in a bitcoin forum as well,so your logic is blown out the water.