Bitcoin Forum

The Latest Report:

Weekly GSI-FX (PIPSHARES) account statement available at: myfxbook.com (http://www.myfxbook.com/members/GSI_PLC/gsi-fx-pipshares/1045532)


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.




What is PIPSHARES?
PIPSHARES is a pilot project from Greenshares Invest PLC (further as GSI). A Counterparty asset that is tied to EUR and backed by a forex trading account (PIPSHARES-FX) that's traded by the professionals working for GSI  - a private investment company. Buying PIPSHARES is investing into PIPSHARES-FX. Any profit or loss on the PIPSHARES-FX account and the exchange rate of EUR and BTC will both shape the PIPSHARES exchange rate.

PIPSHARES is made for the people who do not want to invest tens of thousands of dollars and/or do not want to reveal their real identity to the investing company. PIPSHARES investment can be as small as you like and because GSI uses Counterparty peer to peer exchange, you can stay completely anonymous. There is also no lock-up period typical to investment funds. You can buy in or sell out whenever you want to.




Further in detail:
PIPSHARES distribution started with a price of 1 PIP = 3.5 EUR.
For each sold PIPSHARES, equal amount of EUR is sent to the PIPSHARES-FX trading account.

One PIPSHARES-FX period is 1 week.  PIPSHARES from the GSI wallet will be sold and bought on demand and supply through the Counterparty p2p exchange on PIPSHARES/BTC market. New PIPSHARES sell and buy orders are placed on a daily basis. The BTC gained from the sale is sold for EUR and then sent to PIPSHARES-FX where it will be managed by the GSI traders.

A PIPSHARES-FX weekly report will be published at 10am GMT on every Monday morning.
Manager performance fee will be deducted from the profit, the new PIPSHARES price will be calculated and a part of the balance will be traded for BTC in order to fill the sell orders up to the newly calculated price. No performance fees will be deducted if PIPSHARES-FX account ends up in the negative after the trading period.


Because PIPSHARES is tied to EUR, it also acts as a hedge against BTC. In a situation where PIPSHARES-FX account equity stays constant but BTC market price drops, the PIPSHARES will gain value against the BTC. If BTC market price rises, PIPSHARES will lose value against BTC.
PIPSHARES-FX is managed by successful traders with more than 7 years of experience in trading forex and equities. The PIPSHARES-FX trading account is copying selected forex trades from the GSI main account and all active positions are manually supervised.

GSI_PIPSHARES on Twitter:
https://twitter.com/GSI_PipShares

PIPSHARES on blockscan:
https://blockscan.com/assetInfo.aspx?q=PIPSHARES

PIPSHARES-FX:
Account equity tied to PIPSHARES crypto-asset
Trading results report published every Monday 10am GMT
20% managers performance fee from profits only
5% developer fund fee from profits only
PIPSHARES weekly results on myfxbook (http://www.myfxbook.com/members/GSI_PLC/gsi-fx-pipshares/1045532)

Useful links:
Counterwallet:
https://counterwallet.io
Counterparty multifunctional block and assets explorer:
https://blockscan.com
Counterparty homepage:
http://counterparty.io/




Risk Disclaimer
Trading PIPSHARES can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest any money you cannot afford to lose. Greenshares Invest PLC will not accept liability for any loss or damage caused by trading PIPSHARES crypto-asset.
Any opinions, news, research, analyses, prices, or other information offered by Greenshares Invest PLC is provided as general market commentary, and does not constitute investment advice. Greenshares Invest PLC will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
The PIPSHARES-FX trading account results will be reported 10AM GMT every Monday on our twitter feed and bitcointalk forum topic. Trading account results will be published  at the same time (actual times may vary due websites delay or other issues).

Greenshares Invest PLC is officially registered company (Estonian registry code 12717192).
In order to minimize the bank fees, the minimum deposit in PIPSHARES-FX will be set to 1000 EUR and the investment cycle to 1 week.

Post #2. GSI Posts log.


- How to buy PIPSHARES? https://bitcointalk.org/index.php?topic=789775.msg9139386#msg9139386

dev, how to get PIP? ?

they want you to buy them

anyway in case you need a forex trader for PIP contact me
wish you good luck with PIP

For the 3'rd time. Please read the OP and my previous post.  If you have questions, please ask.
Pipshares on nothing like any other crypto-currency. It is NOT an ICO.  We buy and sell PIP on demand/supply and we provide our own buffers for both sides of the PIP/BTC market.  
Its an investment opportunity which can be also used as a "coin" in later stages.

Pipshares-FX starts trading on upcoming week! First report will be published on Monday the 29th!

I have updated the OP and made it more readable for some bitcointalk.com users.


Another important notice! We will not tolerate personal insults and flaming posts in this topic. Those posts will get deleted.

Do we have to sign a contract ?

Escrow  ??? ??? ???

No, you will not have to sign any contract with us. In case of investing you just buy Pipshares from exchange and sell it back to us or to anyone else whenever you want to cash out. We will make sure that our official exchange always has enough BTC to fill the need for all sell orders. PIP market price will always stay within a small range of Pipshares-FX equity.

We should get PIP/BTC trading market on respectable exchange hopefully within couple of weeks time. Exchange will act as escrow and GSI will be the market maker of our official exchange(s).

so this "coin" will back your forex trading and if your trading goes well the price of this "coin" will go up too?

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.

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!

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

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.

Any way to see your previous yearly ROI%s?

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.

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.

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 (http://www.myfxbook.com/members/GSI_PLC/pipshares-fx/1025587)

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?

Voted!

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:

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

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 (http://www.myfxbook.com/members/GSI_PLC/pipshares-fx/1025587)

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.

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

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.

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

Weekly GSI-FX (PIPSHARES) account statement available at: myfxbook.com (http://www.myfxbook.com/members/GSI_PLC/gsi-fx-pipshares/1045532)


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.

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


Weekly Pipshares-FX account statement available at: myfxbook.com (http://www.myfxbook.com/members/GSI_PLC/pipshares-fx/1025587)

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!

watching