I like coins with some economic plan behind.
What does it mean Cerium Miners Fund ? Can you tell me more? Will it create some buy pressure on markets?
we are currently working on a site for cerium holders in which they can send cerium to essentially create a commodities hedge fund, all investors will be invited into a chat/slack and the trading strategy will be outlined, we are also developing a bot but not sure when we will have that fully functioning, we have an experienced commodity trader on the team so we can make the CMF work either way. personally if i was an outsider who was holding some cerium i would stick about 5k perhaps in the fund and see what happens with it, its not something people should completely bank on, trading as an activity is essentially educated gambling. its a potentially really profitable way to help sustain the coin and give something back to our supporters.
50% is split accordingly between people who have invested
25% of it will go to buy support for the markets so currently the trading price is about 600. we would place large support about 400-500 just to help protect peoples investments. if coin moves up, we move up buy support too.
25% will go to me and my team with primary use to fund development of stages 2 and 3 and maybe use a little as beer money too
Thanks for answer. I will watch this.
Will you trade on crypto markets too? (It could be interesting with some big investor hedge fund)
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