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Title: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: wolverine.ks on May 12, 2013, 03:35:31 PM So the Exante Bitcoin Fund claims 1000% return in the last 3 months.
They claim to manage over 90,000. Minimum investment is ~$100,000. is this legit? what are your thoughts? Is this better than some alternatives? btc stocks, plain old cold wallets, etc... Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: kangasbros on May 12, 2013, 04:01:36 PM So the Exante Bitcoin Fund claims 1000% return in the last 3 months. They claim to manage over 90,000. Minimum investment is ~$100,000. is this legit? what are your thoughts? Is this better than some alternatives? btc stocks, plain old cold wallets, etc... To my understanding exante is just normal bitcoin storage. It is the same as buying bitcoin. For technologically skilled invidual, I see no reason to use the exante fund. Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: wolverine.ks on May 12, 2013, 04:05:49 PM they dont do any arbitage or day trading at all?
Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: BitshireHashaway on May 12, 2013, 09:38:14 PM If something could get you a 1000% return every 3 months on over $100,000, it is either a very successful ponzi scheme, or a scam in my opinion. If a service could provide that everyone would use it, and the creator could just put in his own money and even if he only had 1 btc to start he would get to 90 btc in one year and 8100 the year after...
Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: joesmoe2012 on May 13, 2013, 03:38:14 AM Is it just simpl storage or do they trade?
Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: vokain on May 13, 2013, 04:32:43 AM If something could get you a 1000% return every 3 months on over $100,000, it is either a very successful ponzi scheme, or a scam in my opinion. If a service could provide that everyone would use it, and the creator could just put in his own money and even if he only had 1 btc to start he would get to 90 btc in one year and 8100 the year after... 1000% "return" on the xxxx% gain in price that bitcoin has appreciated to :p Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: MPOE-PR on May 13, 2013, 11:59:02 AM At this point, most likely a scam. Not on my list yet (https://bitcointalk.org/index.php?topic=140484.0), but still dubious.
Title: Re: Exante Bitcoin Fund? Legit, Fraud, good buy, or what? Post by: rikur on May 13, 2013, 01:27:06 PM At this point, most likely a scam. Not on my list yet (https://bitcointalk.org/index.php?topic=140484.0), but still dubious. Look who's talking about scams |