Topic: PIPSHARES | FX Account Backed Counterparty Asset! | PIPSHARES Up +38.94%! | (Read 4613 times)

watching

Another week has passed and the latest results are available at our myfxbook page.
After difficult last month  we are back in track and hitting new highs!

Pipshares-FX Week 4.
Pipshares-FX account equity up +19.409%.


Weekly Pipshares-FX account statement available at: myfxbook.com

Pipshares Trading Week 3.
GSI-FX (PIPSHARES) account equity up +38.94%.

Weekly GSI-FX (PIPSHARES) account statement available at: myfxbook.com


We apology for forum announcement delay. The most up to date report is always available at myfxbook.
Current minimum investment is equivalent of 1000€. The limit is valid until trading of PIPSHARES gets more attention and liquidity from investors. Please contact us for current prices if you are interested in investing and there are no active orders up on Counterwallet p2p exchange.
I am available on skype: gsi_kristjan.

Since PIPSHARES moved to Counterparty Asset solutions, we deleted some old posts which now became irrelevant and confusing to the new readers.
We apology for inconvenience.

How to buy PIPSHARES?
First, visit CounterWallet.co and generate a free multi-wallet that holds BTC, XMP, PIPSHARES and anything else built on Bitcoin using the Counterparty protocol. With one click you'll generate a secure 12 word password, you'll want to keep it safe as it's your private key. Once you've created your password, log into your wallet and you'll see brand new bitcoin addresses you control. You can now send your BTC to your CounterWallet.
Once you have BTC ready on your CounterWallet click on the Exchange - Markets and type in the asset name: "PIPSHARES". Click on the BTC box right beside it. This will take you to PIPSHARES/BTC market.
You can now buy PIPSHARES with your Bitcoin.

What happens next?
GSI tranfers BTC gained from the PIPSHARES sell to BTC/EUR exchange where it will be exchanged to EUR and sent to PIPSHARES-FX trading account. This entire process takes about 3 days before invested funds are ready for trading. Each week a part of the PIPSHARES-FX profits is exchanged back to BTC and the BTC is used to provide liquidity for the PIPSHARES/BTC market.
PIPSHARES market price will change according to the PIPSHARES-FX trading account equity and BTC/EUR market price.

How are we doing?
PIPSHARES started trading at 3.5EUR.
On the first week PIPSHARES price gained +8.945% which resulted in new PIP rates of : PIP/EUR: 3.8131   |   PIP/BTC: 0.0125
On the second week PIPSHARES-FX price hit another equity high of +9.1506% which resulted in new PIP rates of: PIP/EUR: 3.8203   |   PIP/BTC: 0.0156

GSI moved Pipshares from "coin" on to PIPSHARES "asset". This was done by moving on to the Bitcoin blockchain and Counterparty platform for financial assets.
PIPSHARES asset can be traded on Counterparty P2P exchange from the Counterwallet (http://counterwallet.io/). GSI provides a bid and ask walls to meet the current PIPSHARES price. The buy and sell walls are adjusted according to the PIPSHARES-FX account equity.

Moving on to PIPSHARES asset has several advantages over the traditional coin for us as well as for end-users.
- No more need to channel funds in to PIPSHARES related code development and security enchantment. All that work is done by Counterparty and Bitcoin development teams.
- PIPSHARES asset runs on the most actively developed, proven and secure Bitcoin protocol.
- No more need for 3rd party PIPSHARES exchange. Free P2P exchange from day one through Counterwallet. Unlimited trading market options for PIP. PIP can now be traded against any other asset or coin on Counterparty. Initially GSI only provides liquidity for trading against the BTC).
- Counterwallet supports BTC. No more need to transfer funds between wallets.
- Possibility to pay dividends in the future.
- Possibility to add extra PIPSHARES asset and increase PIPSHARES-FX tradable funds if there's a demand for it.


OP of this thread is changed accordingly.

Pipshares-FX Week 2.
Pipshares-FX account equity up +9.1506%.
New PIP rates: PIP/EUR: 3.8203   |   PIP/BTC: 0.0156


Weekly Pipshares-FX account statement available at: myfxbook.com

Trading week is closing up and week 2 results published on Monday morning!

Here's the code if you would like to add us to your signature. We may give you a little award of PIP, if you do.



Newbie version:

Voted!

Very nice results! Lets get Pipshares to exchange now, so i can buy some! Maybe talk to the bittrex admins to get PIP/BTC market?

Pipshares-FX Week 1.
Pipshares-FX account equity gained +8.945%.
New PIP rates: PIP/EUR: 3.8131   |   PIP/BTC: 0.0125

Weekly Pipshares-FX account statement available at: myfxbook.com

Crypto as an anon method of entry into forex. Decent idea, and the execution doesn't seem difficult.

Anyone reading the ANN and complaining about the calculation of PIP/BTC as if it were an ICO needs to be ignored.

Watching.

This is our first public FX project. We are targeting at 100% gain with equity drawdown up to 33%, for the first year. Like in every investment, there is no guarantee. Since trading is our day job and we only make profit from portfolio gains, we are more than motivated to make this project a success!
Our stock portfolio (not related to Pipshares) yearly ROI is 35% up to date. However we cant possibly prove that to you. We are not allowed to publish private capital gains.

Any way to see your previous yearly ROI%s?

We are already trading with our private capital. We only provide opportunity to invest in to our trading account through Pipshares crypto-currency.
It is sort of like managed account where Pipshares is the proof of investment.

Essentially an investment in ones ability to trade forex at a profit. Can we see your track record?

interesting, you need an exchange that will cater PIP/EUR pairing otherwise it will be PIP/BTC/EUR which is in my opinion not good. anyway best of luck!

Yes, that is correct! Any profit or loss on Pipshares-FX trading account will be directly reflected on PIP market price versus EUR.
Since PIP will first be traded against Bitcoin, it is also a hedge against the BTC. If BTC goes up and Pipshares-FX equity doesn't change, PIP goes down versus BTC, but remains stable against EUR.
We also plan to get PIP/EUR market in more distant future.