Announcing the launch of the Bitcoin Hedge Fund -- http://bitcoinhedgefund.com/
Beginning June 24 the Bitcoin Hedge Fund will begin to accept deposits! All transactions in and out of the fund will be entirely in BTC and are intended for long-term capital appreciation. Please see the site for information on how to invest.
If you're looking for a way to stabilize your income from the volatility of currency exchanges, this is a perfect opportunity. Once your BTC is finally available from the frozen MtGox accounts, consider making an investment in the Bitcoin Hedge Fund.
Email any questions to email@example.comFrom the "How It Works" page:
Bitcoin Hedge Fund respects the anonymity of the Bitcoin community and investors will not be asked for any identity-sharing information, simply an alias and a withdrawal address. As the legality of this operation remains in a grey area, we will allow the individual investors to decide for themselves how they will report their earnings, but we will supply the information and paperwork necessary to inform your decisions.
Due to the lack of clearly-defined laws regarding our hedge fund, we want to keep the total assets relatively small so we are capping the maximum investment for each investor and the number of investors. If legislative action makes the Bitcoin Hedge Fund inoperable, all funds will be liquidated, converted to BTC, and sent to the withdrawal address that we have on file.
NOTE: We know that investors can easily get around our maximum investment by creating another email address and wallet, but we recommend that you don’t do this to mitigate your own risk to the process. If you want to deposit more than $1000, please email firstname.lastname@example.org
and we can discuss other options.
Because of the volatility of BTC, we are still choosing to measure our investments and growth in $USD. At the time of your initial deposit we will exchange BTC for $USD, you may choose to have the trade executed at the current market price or set a limit order.
Our initial offering to the Bitcoin Hedge Fund is limited to 200 investors as we test the logistics of these operations. We will plan to have a second offering to investors in the fall and a third offering in the beginning of 2012 as we scale our operations up.
Minimum investment = $100
Maximum investment = $1000
Maximum # of investors = 200
Deposits made before August 1, 2011 will be held for 90 days before they are eligible to be withdrawn. Deposits made between August 1, 2011 and September 1, 2011 will be held for 45 days before they are eligible to be withdrawn. Any deposits made October 1, 2001 or later will be held for 21 days before they are eligible to be withdrawn. These rules are intact simply for the purposes of maintaining stability and liquidity.
There will be no management fees through 2011. A small management fee may be initiated in 2012 (with prior notification) of up to 1%. There is no front-load fee, but there will be a back-load fee of 2%.