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901  Economy / Securities / Re: GLBSE is down for 7 hrs now? Am I the only one that's panicing? on: August 24, 2012, 07:12:47 PM
You're welcome. Make sure to enable two-factor authentication asap. Wink 
902  Economy / Securities / Re: [GLBSE] ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 24, 2012, 06:33:57 PM
It wouldn't be shorting the asset. It would be transferring value to a more stable priced asset in anticipation of volatility.  You can be long on bitcoin and mining but still understand volatility is a short term factor in the success or failure of this security.
903  Economy / Securities / Re: GLBSE is down for 7 hrs now? Am I the only one that's panicing? on: August 24, 2012, 06:27:52 PM
No problems logging in here.
904  Economy / Securities / Re: [GLBSE] ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 24, 2012, 05:23:51 PM
voted yes
905  Economy / Securities / Re: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: August 23, 2012, 06:43:06 AM
https://bitcointalk.org/index.php?topic=102651.0 this stuff is going to help good traders  Smiley
  Should help vastly improve liquidity and help make the move to cytokine's A-game.
906  Economy / Securities / Re: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: August 19, 2012, 04:29:29 AM
I really appreciate the transparency and professionalism you bring to the table in this frontier market cytokine.  I agree with you on all points mentioned concerning IPO and strategy moving forward. 
907  Economy / Service Discussion / Re: So now that Pirate is closing BTCST... on: August 17, 2012, 11:10:30 PM
Great! now maybe there will be funding opportunities for real businesses that can't promise such a high return.

You mean shit like REBATE and ZIPCONF? LMAO

Yes and no. Those do appear to be duds but there is always risk of failure in every investment.
908  Economy / Service Discussion / Re: So now that Pirate is closing BTCST... on: August 17, 2012, 09:18:44 PM
Great! now maybe there will be funding opportunities for real businesses that can't promise such a high return.
909  Economy / Securities / Re: [GLBSE] CheaperinBitcoins-Stocks on: July 28, 2012, 03:32:06 AM
Love it.  I really appreciate that this business is something that supports the development of bitcoin merchant/consumer relationship and +1 for anonymity. It is unfortunate that at this time there are so many lured toward high return/high risk securities leaving less to invest for the development of ideas that will build bitcoin infrastructure towards wider acceptance.   I'll definitely look into this more fully.
910  Economy / Securities / Re: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: July 25, 2012, 07:21:24 AM
Class act. Thanks!
911  Economy / Securities / Re: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: July 24, 2012, 03:23:48 AM
I'm very happy with this fund so far... great work Cytokine!  Just wondering if shareholders are going to get a comprehensive report concerning the funds assets?
912  Economy / Securities / RE: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: July 14, 2012, 05:05:16 PM
Update today

I'm *considering* a minor modification of the share contract ( which would naturally require me to open a 1-month long buy-back offer at the full NAV as per the share contract ) in order to allow us to invest in a fully insured pirate deposit ( via CPA ) with a small percentage of our capital - see the insurance discussion here. Please note that with this opportunity we will still have zero pirate default risk, which is a position I have maintained since the start of the fund, and have no intention to ever go against. Regardless, please review this idea and give me your feedback, because I not wish to taint the fund in any manner if investors believe this deal would in some way go against our philosophy. I absolutely will not invest in this without your blessing, so please comment.

I think maintaining zero pirate default risk is best for the fund, as long as you don't have a better use for the coin (i.e. normal trading).

I have plenty of coin in btcst, so for me, finding bitcoin investments that are not dependent upon pirate is important.  I don't expect a default, but diversify just in case.

If Pirate were to default I suspect the overall market would get hit, which would still affect your nav and share price, so don't think that avoiding direct exposure will completely insulate MOVETO.  If you have some dry powder at that time (even if only via the insurance payout), and your system really is good, you might be able to pick some bargains, ultimately sending the nav soaring when things recover.  Smiley

Ok, so I thought about this and your feedback for a long while, and believe it is best for the fund that we continue to be 100% pirate-free in every sense. So I will not do the insurance deal with CPA.

The following reasons come to mind:

- The thing is, even if we made a small 100% insured pass-through, it still *taints* the fund in the sense that returns cannot then be compared to other non-pirate / pirate investments.

- We miss opportunities to snag great non-pirate investment that will continue to deliver gains long after the pirate ship has sailed.

- If pirate defaults ( or even if he just winds down his operations and returns funds ) there would likely be a mad rush into non-pirate investments, driving prices up and yields down, so we want to already be holding these investments rather than waiting for an insurance payout.

So to reiterate: I will not do the deal, and we will continue with the current share contract and remain 100% pirate-free in every sense.

Many thanks,
-cyto

+1  I invested in this fund specifically for lack of pirate exposure. Not only for the risk either... I want to know for sure what business my investments are supporting and that they are ethical.  Not making any allegations whatsoever but I can't be sure if there isn't full disclosure from the issuer.
913  Bitcoin / Legal / Re: How to live off of your Bitcoins? on: July 07, 2012, 07:20:58 PM
Freedom is one of my highest values in life and although I don't seek luxury I am fine with making as much wealth via productive means as possible.  I am happy to live quite simply with more emphasis on the important small things like healthful food and relationships than external status indicators.  There are lots of websites and individuals who claim to be able to teach individual sovereignty for a price like http://www.sovereignman.com but I'm pretty sure with some diligence you can find most of what you need to know gratis. Cheers Smiley
914  Economy / Securities / Re: [FEEDBACK REQUSTED] Gigamining -> Teramining Upgrade Paths on: July 07, 2012, 06:55:48 PM
Paid upgrade path here as well please!
915  Economy / Securities / Re: Actual Gold/Silver Mining fund??? on: July 07, 2012, 05:54:48 PM
  I wouldn't mind investing in equipment or assets but would rather avoid investing in your labor.  Labor should be paid as a percentage of the profit or in shares.  If you believe in your idea you need to take the initial risk with your own labor until some profit is realized. If things don't go well the equipment can be liquidated but labor cannot. One potential problem with this idea is the difficulty a  shareholder has in making sure that all gold found is reported. We'd essentially have to just believe whatever you reported. I like the idea though and love how the bitcoin economy is encouraging such thinking..
916  Bitcoin / Legal / Re: How to live off of your Bitcoins? on: July 06, 2012, 11:45:58 PM
Move to Barbados, Cayman Islands, Ecuador, Estonia, Isle of Man, Singapore or any other country without any capital gains tax.  You could also become a sovereign citizen and hop around the planet with multiple residencies and passports.
917  Economy / Securities / Re: Thunder Capital Management? on: July 05, 2012, 04:10:13 PM
 Huh
918  Economy / Securities / [GLBSE] Thunder Capital Management? on: July 04, 2012, 05:27:32 PM
Haven't been able to find a thread here or much other information about this IPO.  Anyone?
919  Economy / Securities / Re: FeedZeBirds IPO May 24 - Update: Shares all sold on: June 30, 2012, 01:30:13 AM
from... Mar 12, 2011
920  Economy / Securities / RE: [GLBSE] MOVETO.FUND - MoveTo Growth Fund on: June 28, 2012, 09:19:30 PM
Thanks Honest Bob!  I picked up a few at those prices even though I had already heavily invested in MOVETO.FUND.  I won't be selling any time soon though as I figure that anyone able to make some scratch in the past month's environment at GLBSE must be doing something right.
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