Breakdown of some of the activities The International Bank of Crypto will involve ourselves in once started up
1. Purchasing shares of mining companies
2. Purchasing shares of exchanges
3. Purchasing shares of other reputable companies
4. Purchasing of Mining contracts
5. Using Arbitrage bots to generate return
6. Investing money into companies offering arbitrage
7. Loaning out BTC with fair rate of interest to others
8. Offering small amounts of seed funding to organizations we believe will generate return and push cryptocurrencies forward.
So you want to basically do what everyone else in this industry is trying to do to make money?
This would give us 5,000 BTC to invest and make it viable for us to hire real financial experts who will invest your money in the most risk averse but high return method possible.
I know this sounds crazy but our calculations indicate this is the capital needed to be able to cover the costs of our feature list and still provide great return to our shareholders.
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Some questions for you
What do you think?
Are there any other features you would like to see?
Will you be pre-ordering some shares?
Any views would be appreciated.
Dude, is this a joke? You're asking for $2.5 Million in BTC with no experience so you can hire financial experts to try and make money using every avenue that everyone else is using to make money in the BTC space - 90% of whom do it unsuccessfully?
1. Purchasing shares of mining companies
---Any mining companies that you will be able to purchase an interest in will most likely be procurable by the public
2. Purchasing shares of exchanges
---Same as above
3. Purchasing shares of other reputable companies
---As vague as it gets
4. Purchasing of Mining contracts
---No. Just... no.
5. Using Arbitrage bots to generate return
---Unless you have some proprietary knowledge or skill, you'll be one of many in this industry. And you'll pay a lot of BTC to have someone custom code something already available on the market
6. Investing money into companies offering arbitrage
---To your competitors?
7. Loaning out BTC with fair rate of interest to others
---This is a notoriously difficult business to make money in due to the exchange rate risk. See Coinlenders
8. Offering small amounts of seed funding to organizations we believe will generate return and push cryptocurrencies forward.
---VC Funding is great, but everyone is trying to do this - there is a large pool of VCs and a surprisingly small supply of good VC funding candidates (keyword: good)