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wolverine.ks (OP)
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May 12, 2013, 03:35:31 PM |
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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...
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kangasbros
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May 12, 2013, 04:01:36 PM |
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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. |
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wolverine.ks (OP)
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May 12, 2013, 04:05:49 PM |
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they dont do any arbitage or day trading at all?
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BitshireHashaway
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May 12, 2013, 09:38:14 PM |
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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...
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joesmoe2012
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May 13, 2013, 03:38:14 AM |
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Is it just simpl storage or do they trade?
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vokain
Legendary
 Offline
Activity: 1834
Merit: 1019
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May 13, 2013, 04:32:43 AM |
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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 |
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MPOE-PR
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May 13, 2013, 11:59:02 AM |
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At this point, most likely a scam. Not on my list yet, but still dubious. |
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rikur
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May 13, 2013, 01:27:06 PM |
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At this point, most likely a scam. Not on my list yet, but still dubious. Look who's talking about scams |
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