If you own 3000 or more Bitcoin, Wall Street wants your advice

[Bostonbitcoin]

Hi,

Input & advice requested for new Bitcoin project.

I'm passionate about BTC, I've got 20 years experience as owner of an international, US based investment firm.   We are working on an idea for a large mainstream Bitcoin vehicle that would, at first, work with some large BTC holders.  

My partners and I are from long Wall St. careers and we'd like to discuss some ideas and get advice from large BTC holders about the interest, viability and potential advantages / disadvantages of what we are thinking.  Once aspect of what we are evaluating would benefit from some participants who already own coins.

This is for a completely BTC focused project which would aim to help bring BTC to more main street investment access vehicles like IRAs and also help some large BTC holders maximize and leverage their own holdings while not losing any exposure to their BTC.   -- happy to share my name, bio, verification etc in PM.

Please contact me if you can help  // please also let me know any ideas about the best ways to reach some of the key BTC owners.

Thanks!

B


EDIT:  Verification added on request.  My name is Bruce Fenton, founder of Atlantic Financial Inc. which in 1994 became the Internet's first full service investment firm.

[deadgiveaway]

Don't waste your time on this forum. It's just a bunch of broke trolls.

[Bostonbitcoin]

I tried Reddit and got 1000 hate mail messages and a bunch of other people  said to come over here.

Any other ideas?

[Bargraphics]

I tried Reddit and got 1000 hate mail messages and a bunch of other people  said to come over here.

Any other ideas?

Yes,

Go to a bitcoin convention, there is one on January 25th in Miami. btcmiami.com. Networking at these conventions would probably be your best bet. The last convention in Las Vegas was a great opportunity and there were many large holders of bitcoin there that would be able to give you the clear advice that you are seeking while actually putting their name behind it.

There are many conventions happening in the bitcoin atmosphere so if you can't make the Miami one try to find something close by!

[Bostonbitcoin]

Thanks, I attended Vegas and I'm booked for Miami as well.   I know there are many large holders attending, what's the best way to reach out to people.   I've done investments for 20+ years and there is a system! everyone knows or can verify me etc.  BTC is so new and wrought with clowns and fraud that people have major distrust.   Reaching out causes even more distrust in some cases.

Ideal might even be to find someone already known and trusted who has those connections and work with him or her.

[deadgiveaway]

Thanks, I attended Vegas and I'm booked for Miami as well.   I know there are many large holders attending, what's the best way to reach out to people.   I've done investments for 20+ years and there is a system! everyone knows or can verify me etc.  BTC is so new and wrought with clowns and fraud that people have major distrust.   Reaching out causes even more distrust in some cases.

Ideal might even be to find someone already known and trusted who has those connections and work with him or her.

Yea it's simply not going to be that easy. Apparently you cannot log on to Bitcointalk forums and get anything serious going. Trust me.

[black_swan]

Don't ask how much they hold, they won't reply as this information can be used in many ways.
Personally I wouldn't

[jambola2]

You should provide verification.
How can we be sure you are not just someone attempting to steal bitcoins ?
3000 bitcoins is a lot of money.

[ArcticWolf]

From the Reddit thread:

UPDATE : Sorry Reddit, tough (and skeptical!) crowd.
My name is Bruce Fenton, I founded Atlantic Financial Inc., the Internet's first full-service investment firm, in 1994. I've done $4.5 billion in transactions in my career, have never had a client complaint, ethical complaint or regulatory complaint or action of any kind in 20+ years. Prior to AF I was with Morgan Stanley.
(Side note: definitely not asking for anyone's addresses, name, etc., just researching viability of a potential technology which could allow large holders to convert a portion of holdings to a public vehicle)
Verification : Twitter.com/Brucefenton
UPDATE 2: the 3000 coin threshold isn't to discriminate, be snobby or because it doesn't value input of smart smaller holders -- it's a logistical matter --- the research / advice is determining the viability and interest from enough large holders to get critical mass of 10-20,000 coins needed to make it work-- logistically it won't be possible if there isn't interest from some large holders,

[medUSA]

Quite a few bitcoin supporters are rooting for bitcoins because of a fundamental belief:

that governments, banks and investment firms messes up the economy and make our lives difficult,
bitcoin is an effort to take them out of the equation

If this financial guy actually understands "bitcoin", he would stop bragging about $4.5 billion transactions and Morgan Stanley. This guy say he is "passionate about BTC". Passionate about making money from bitcoins, or passionate about helping the community?

[twentyseventy]

If this financial guy actually understands "bitcoin", he would stop bragging about $4.5 billion transactions and Morgan Stanley. This guy say he is "passionate about BTC". Passionate about making money from bitcoins, or passionate about helping the community?

He was asked for some real world qualifications; I'd say that fits the bill. I'm assuming that he's in it to make some money, like many people are around here.

Bitcoin is many things to many people; he's obviously not appealing to those that are waiting for BTC to bring Wall Street to its knees.

[Nagle]

Hi,

Input & advice requested for new Bitcoin project.

I'm passionate about BTC, I've got 20 years experience as owner of an international, US based investment firm. 
...
B

Get a last name and we'll talk.

[twentyseventy]

Hi,

Input & advice requested for new Bitcoin project.

I'm passionate about BTC, I've got 20 years experience as owner of an international, US based investment firm.  
...
B

Get a last name and we'll talk.

From the reddit thread:

My name is Bruce Fenton

EDIT: Here's his LinkedIn - www.linkedin.com/in/brucefenton. I'm assuming that since he's posting his full name and company on Reddit, this isn't off-limits

[Aki4real]

From the Reddit thread:

UPDATE : Sorry Reddit, tough (and skeptical!) crowd.
My name is Bruce Fenton, I founded Atlantic Financial Inc., the Internet's first full-service investment firm, in 1994. I've done $4.5 billion in transactions in my career, have never had a client complaint, ethical complaint or regulatory complaint or action of any kind in 20+ years. Prior to AF I was with Morgan Stanley.
(Side note: definitely not asking for anyone's addresses, name, etc., just researching viability of a potential technology which could allow large holders to convert a portion of holdings to a public vehicle)
Verification : Twitter.com/Brucefenton
UPDATE 2: the 3000 coin threshold isn't to discriminate, be snobby or because it doesn't value input of smart smaller holders -- it's a logistical matter --- the research / advice is determining the viability and interest from enough large holders to get critical mass of 10-20,000 coins needed to make it work-- logistically it won't be possible if there isn't interest from some large holders,

As I expected he wants to form a bitcoin pool like second market or the recently announced Fortress vehicle.

But he knows that buying 20000 BTC on the open market would at least triple the exchange rate.  So he is seeking people to give away their bitcoins.

If this is the case, people who love bitcoin should not go ahead with this.
This kind of under the carpet dealing is one of the reasons that people hate the 'government' and 'wall street'

Ofcourse people who want to make a quick buck will just go ahead with this.

Technicals of bitcoin price are positive, dont be scared for another drop to 300-400 dollar levels.. This will go up

(Google my username and forex if you would like to know if i have some knowledge about the financial markets)

Good luck all

[zefyr0s]

I tried Reddit and got 1000 hate mail messages and a bunch of other people  said to come over here.

Any other ideas?

Actually looks like a decent Q&A over on reddit.

http://www.reddit.com/r/Bitcoin/comments/1u8zco/hi_reddit_20_year_wall_st_geek_and_bitcoin/

Maybe try contacting Greg Mulhauser, he's also an experienced trader.

https://bitcointalk.org/index.php?topic=333851.0

[Bostonbitcoin]

As I expected he wants to form a bitcoin pool like second market or the recently announced Fortress vehicle.

But he knows that buying 20000 BTC on the open market would at least triple the exchange rate.  So he is seeking people to give away their bitcoins.

I think I have a plan for a superior offering to those with some key differences.

Also, I would never ask anyone to "give" their BTC

[Bostonbitcoin]

This kind of under the carpet dealing is one of the reasons that people hate the 'government' and 'wall street'

Ofcourse people who want to make a quick buck will just go ahead with this.

Technicals of bitcoin price are positive, dont be scared for another drop to 300-400 dollar levels.. This will go up

(Google my username and forex if you would like to know if i have some knowledge about the financial markets)

Good luck all

If you are experienced in Forex you should talk a bit before judging.

It's something I think is superior to the other offerings and something I think would be very good for bitcoin overall by expanding the availability, expanding access and also ensuring a large block of coins are not dumped for a while

[Aki4real]

This kind of under the carpet dealing is one of the reasons that people hate the 'government' and 'wall street'

Ofcourse people who want to make a quick buck will just go ahead with this.

Technicals of bitcoin price are positive, dont be scared for another drop to 300-400 dollar levels.. This will go up

(Google my username and forex if you would like to know if i have some knowledge about the financial markets)

Good luck all

If you are experienced in Forex you should talk a bit before judging.

It's something I think is superior to the other offerings and something I think would be very good for bitcoin overall by expanding the availability, expanding access and also ensuring a large block of coins are not dumped for a while

I did choose my words carefully,.. in my original posting my first sentence was:
If this is the case..

clearly if you have different plans my advice does not apply,

Good luck

[Bostonbitcoin]

Quite a few bitcoin supporters are rooting for bitcoins because of a fundamental belief:

that governments, banks and investment firms messes up the economy and make our lives difficult,
bitcoin is an effort to take them out of the equation

If this financial guy actually understands "bitcoin", he would stop bragging about $4.5 billion transactions and Morgan Stanley. This guy say he is "passionate about BTC". Passionate about making money from bitcoins, or passionate about helping the community?

Not bragging, I was asked.

I believe banks, governments and investment firms mess up the economy also.   But I also think it's naive to think that something with a market cap of $10 Bn is going to simply skip all mainstream financial systems to achieve this growth.

For BTC to have anything close to a real and significant market cap then it needs to be easy for people to buy using vehicles they understand.

One can hope that the dentist in San Diego who heard about it on the news will learn hoe to buy exposure to BTC or one can make a simply public vehicle so that he can buy that from the broker he's worked with for 2@ years.

As far as making money from Bitcoin, of course I am -- I want to see them grow and succeed and I want early adopters to be rewarded.   Anyone who doesn't want them to be a real part of the economy, to grow or to make money certainly has that right.

[diedicar]

This kind of under the carpet dealing is one of the reasons that people hate the 'government' and 'wall street'

Ofcourse people who want to make a quick buck will just go ahead with this.

Technicals of bitcoin price are positive, dont be scared for another drop to 300-400 dollar levels.. This will go up

(Google my username and forex if you would like to know if i have some knowledge about the financial markets)

Good luck all

If you are experienced in Forex you should talk a bit before judging.

It's something I think is superior to the other offerings and something I think would be very good for bitcoin overall by expanding the availability, expanding access and also ensuring a large block of coins are not dumped for a while

you need bullets. But i guess you are a bit late.