Mod note: The apparent owner of Gelfman Blueprint says that this post is fake, see his post here.

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Hello, I'm creating this thread to gain more attention and create transparency behind Gelfman Blueprint and the investment opportunities our hedge fund offers. We’re registered with the United States Treasury. We’re CPA audited every month and we've applied for the BitLicense which is very heavily regulated. Our minimum investment is $5k.

Introduction
Gelfman Blueprint is a Bitcoin denominated hedge fund built on a high-frequency trading algorithm. Our goal is to hedge the risk of investing in the volatile Bitcoin market. Bitcoin is still in its early years, and since it’s a free market whose price is solely determined by the number of buyers and sellers, the price tends to be extremely volatile when compared to traditional stocks and FOREX. Our bot seeks to capitalize on these price swings to ensure a consistent return on customers’ bitcoins, regardless of price movement. Bitcoin’s volatility is the reason many investors are cautious about investing in and exploring this new, disruptive technology. Our fund addresses this concern directly, making the Gelfman Blueprint a safe haven for bitcoin investors and a comfortable transition into bitcoin investment for investors who haven’t entered the bitcoin market yet.

Our Fund
Our fund earns customers a 7-11% monthly return on their bitcoins. These returns are an average taken over a 3 year period. The first two years were used for testing different market scenarios by our head trader Nicholas Gelfman. We then incorporated on July 19, 2014 and started taking on customers and building our track record. As of August 1st, 2015 we had 85 customers, 2,367 bitcoins under management and 717 bitcoins in revenue. We have a strict AML (Anti-Money Laundering) policy, are a registered MSB (Money Service Business) with FinCEN (Financial Crime Enforcement Agency), have monthly CPA audited results, and are in the process of acquiring the bitlicense.

Competitive Advantage
Our competitive advantage is that creating a successful trading algorithm takes years of market testing. Anyone that tries to enter the market now, regardless of their knowledge and funding, will take years to match our bot’s returns and risk/reward ratio. Right now there are other bitcoin trading algorithms out there, but they are used for personal use only rather than as a business. This makes us leaders in the young bitcoin trading ecosystem, and we will continue to grow as this market continues to expand and innovate.

When we started this company, we estimated that the most we could have in our fund was 2 to 3 million dollars, given the market cap. Now a year later the market grew tremendously, growing our estimates to 10 to 15 million that we can comfortably trade while maintaining similar returns.

How It Works
In trading, the critical advantage is speed. Our bot makes 10,000 trades a day in a market where the average transaction fee is a fraction of a percent. The low transaction fees allow us to operate and profit with a relatively small amount of assets under management. Our head trader Nicholas Gelfman derived 7 total market scenarios that have occurred since the beginning of bitcoin and coded an algorithm that makes decisions based on what scenario is currently occurring. The algorithm follows an if-then rule pattern to determine when it’s profitable to buy or sell and how much of our total working balance it should use on each trade. The overall strategy is to scalp the market, making profits on small price changes. Therefore, the volatile nature of bitcoin is what actually helps us make our returns and when the price of bitcoin is dropping, we compensate for it with making a lot of it back by trading. When there is a steady increase in price, the bot doesn’t execute any trades and allows the value of our bitcoins to build.

All of our results have been audited + documented and can be shown upon request. Feel free to send me a PM if you're interested and I will also try to answer as many of the questions here as possible.

EDIT: Here is link containing customer returns and a little more information: https://www.dropbox.com/s/pwytglsfg4wpglb/Customer%20Packet.pdf?dl=0

We have a more informative packet. I have no problem sending out the investor packet to each person individually, so just send me a PM. It includes more information such as our full returns (with our profit) and projections, etc.

The bot was first developed by Nick almost 3 years ago. For the first half year, it wasn't profitable. For the next year and a half he was using it personally and constantly optimizing it. We only started taking outside investors after incorporation on July 19th. Before then we weren't acting as a MSB.

Will you be applying for a Bitlicense given that you're located in New York and likely have customers located in New York?

Thx - skipped the first line it seems.

"I hope it feels so good to be right. There's nothing more exhilarating than pointing out the shortcomings of others, is there?"

https://www.youtube.com/watch?v=9L0fS7ZgAJA

Glad to have provided some value. And on that note, it's bedtime. Nite!

I actually tried to sign up to check the backend. It says we need 3 "license keys." There's no information on what these refer to or how to obtain them. It also asks for "User Identifier," which is separate from username/email, again with no information on what it means.

Yeah... until things are a lot more solid transparency-wise, I don't think you're going to have an easy job getting people on board then. I personally won't send my ID to anyone that I haven't physically visited/vetted out unless they're a well-known organization, and that's because that makes them easy to pursue if needed.

Can you verify your funds under management? Given your focus on transparency and AML I assume this will be no problem?

PM me your email and I will send you the audited paper stating our total funds under management.