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Topic: Would you invest in BitCoin fund? - page 2. (Read 2343 times)

full member
Activity: 140
Merit: 100
October 26, 2011, 04:45:01 AM
#10
I might, it depends...
Bitcoin is still relatively new though, set up a fund IRL.
sr. member
Activity: 252
Merit: 250
October 26, 2011, 02:56:08 AM
#9
No i would not invest bitcoins in your fund because i think that the bitcoin economy will be more and more to an big speculation and the confidience in bitcoin will still going down.

newbie
Activity: 8
Merit: 0
October 25, 2011, 10:05:33 PM
#8
No probably not. Maybe down the line though
member
Activity: 96
Merit: 10
October 25, 2011, 09:33:02 AM
#7
The web app is finished, and I am already managing some bitcoins (some friends accounts). I need to do some more testing before I open it to public.

You may want to check out the LIF funds traded on the GLBSE. How would you differentiate yourself from them?

Is this a closed-end fund? What I want to do is instant deposits and withdrawals. In your case I need to find a buyer for my fund shares first. In my case fund will redeem your shares (liquidate some investments if needed) and pay out your share.
member
Activity: 96
Merit: 10
October 22, 2011, 10:14:24 AM
#6
There are ways that this 'complete stranger' could identify himself.

I can't give you my real name. I will probably start the fund with my and my friends' bitcoins. It will be enough.

Any portfolio for us to see where our few cents are going to?

Not yet. I have my personal investment portfolios, but the fund is just an idea at the moment. About my personal investments... some solid dividend paying stocks (PG, JNJ, TEF, T, CSCO...), some gold and silver miners, and some short term trades (short SP500, silver 1 year $28 calls, EURUSD 6 months 1,38 puts). Remember, these are some of my positions at the moment and can change at any time. EURUSD puts and SP500 short are used as a hedge to silver calls bought at $28 a few weeks ago.

Oh, and yes, I know Cisco is not solid dividend paying stock... I bought it because it got so oversold.
hero member
Activity: 756
Merit: 500
October 22, 2011, 09:50:41 AM
#5
Why not? I have a few hundred BTC and don't have anything to do with them. I tought it would be nice to be able to invest them.

Any portfolio for us to see where our few cents are going to?
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
October 22, 2011, 09:48:56 AM
#4
There are ways that this 'complete stranger' could identify himself.
member
Activity: 96
Merit: 10
October 22, 2011, 05:30:24 AM
#3
Why not? I have a few hundred BTC and don't have anything to do with them. I tought it would be nice to be able to invest them.
hero member
Activity: 756
Merit: 500
October 22, 2011, 05:19:25 AM
#2
I guess I won't.  Just feeling that Bitcoin is not even really established as a currency yet.  Is it time for funds, derivatives and all sorts of advanced financial tools?
member
Activity: 96
Merit: 10
October 22, 2011, 05:17:05 AM
#1
I'm thinking of opening a BitCoin fund. The fund would trade bitcoins, publicly traded options and ETFs. It would give people a chance to earn some interest on their bitcoins (and me a chance to earn some fees Smiley.

Deposit and withdrawals would be instant (just like mtgox and other exchanges), no time/amount limits. Would you trust a few cents to a complete stranger?
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