Updates:~(3/25)~ Dividends have just been paid out for 3/23 and 3/25 as two separate payments. Sale of shares will resume 3/26, however the IPO will be inactive (meaning others can still sell shares) for the time being, but we may re-enable it after giving an advance notice on our CS project page (and likely here on btctalk).
~(3/20)~ We've had people asking about us offering shares while the IPO is suspended; wanting to buy shares but at a reasonable price. To remedy this, and since we didn't give adequate advance notice about the IPO pause, we'll offer 500 shares at .0055btc, thus those wishing to sell right away can still undercut our price and those that want to buy in can get a fair price. When we do re-enable the IPO, it will likely be at this price. We're sorry for any confusion or disruption this has caused. Please let us know if you have any concerns by messaging us on bitcointalk or at
jeff@coinreturn.me~(3/19)~ Dividend payment shortly. Looks like Litecoin's party is over for now, treated us good though.
~(3/19)~ We're having some problems with our email client, if you need to contact us please either message us on bitcointalk or email
jeff@coinreturn.me (which is actually through a different client). We'd also like to announce we are suspending the IPO for now to give users a chance to sell shares if they choose; the IPO will be inactive for at least one week.
~(3/13)~ 4th dividend has been paid. The dividend is just over .0004btc per share, which is just over an 8% return. So far we have managed a 20% return this week for our investors! We hope you are as excited about our first week performance as we are.
~(3/11)~ 3rd Dividend payout soon. We are also seeking to expand to the Chinese bitcoin community and are looking for a translator. If interested checkout our thread here:
https://bitcointalk.org/index.php?topic=511587~(3/7)~ Shares have been issued and the IPO is active! Thanks to everyone who has bought shares and those who haven't, but still checked us out. The first dividend will be issued in a few hours so get your shares soon.
~(3/6)~ After internal discussion we've decided dividends will be paid every other day for the first month and to give shareholders 95% of the profits for the first month!
~(3/6)~ IPO launches in a few hours! get ready to get your shares!
~(3/4)~ Barring any major issues, the IPO will open and issue shares on March 7th.
This whitepaper and Coinreturn.me are still going to have more info added so check back for updates.
~(3/1)~ We welcome any questions, comments, and suggestions. Don't hesitate to contact Tom with your concerns:
Tom@coinreturn.me-------------orginal post:---------------Hello all,
My name is Tom and I'd like to announce a new listing on Cryptostocks.com that will be issuing shares in a few hours. The project is known as CoinReturn Financial (
coinreturn.me) Me and two other friends have basically been operating our own version of the project for almost two years and a couple months ago we decided to expand to the general public. We know that there is alot of mistrust of projects on Cryptostocks (and it is certainly warranted) but we hope we can address any concerns here (and, we hope, soon on our website which will have a public comments area) and we hope that our dividends will speak for us once we get off the ground. Our hope and a guiding principle is that shareholders shouldn't have to recieve 900 dividend payments to earn back their principle investment. With our strategies we hope to not only get investors their orginal investment back relatively fast, but to offer investors a steady stream of interest/ROI from proven trading techniques. We aren't offering 1000% returns overnight, but rather a realistic return that anyone familiar with EMAs and MACD indicator based trading can easily imagine what the returns would look like.
If your interested then checkout:
https://cryptostocks.com/securities/101
About us:CoinReturn Financial can trace its roots back to the end of 2012 when three friends with experience trading in bitcoin decided to pool their resources to create a shared portfolio. Utilizing each our strengths as a programmer, an economics grad student, and a small-business owner we we’re able to develop and test investment and trading strategies to begin to gain a consistent return on our portfolio, regardless of how the Bitcoin market is performing. There have been some hiccups, pain, and nervous moments along the way but by September of 2013 we came to a strategy that has proven itself a winner.
Goal:CoinReturn's portfolio is and will be a mixed investment fund designed to generate reliable, predictable returns. This portfolio will likely not double in size overnight or generate 5000% weekly ROI, the investment strategies within the portfolio are designed to avoid high-risk and instead generate a steady stream return. We consider turning 1 btc into 1.25 btc in a a week to be a success (of course, actual returns could be, and have been, more or less than this rate). Bottom line: if you are seeking short-term, high-risk, high-reward then this fund is not for you. If you are seeking medium or long term consistent earnings then keep reading.
Portfolio information:The portfolio is designed to be 75% in traditional cryptocurrency markets, this means 75% will comprise of BTC/LTC or fiat at any given time. The remaining 25% will be used for more standard investments such as near-the-money stock options, traditional stock securities, and short to medium term secured business loans.
Strategy:The trading strategies we use aren't any secret, but rather methods commonly employed by traders within any exchange (crypto, forex, stock exchanges). If you're a regular bitcoin trader you are probabley familiar with these indicators. We will apply this to both manual and automated trading platforms ("tradebots"). Both use an EMA as the basis for the buy/sell orders with guidance from an MACD and StochRSI; we typically use a 10/24 EMA at 30-minutes or 1 hour polling, this helps to maintain a macro view of where the market is going and consistently be on the right side of any daily volatility. This strategy does NOT use any sort of "pump-and-dumps" (i.e. manipulation) or rely on "hot tips" (i.e. rumors). And while we do capitalize on volatility, we trade with the aim of likely holding our position for at least an hour and sometimes a few days (depending on conditions).
Shares:We are going to have an initial IPO of 10,000 shares at .005 btc per share. After this we will allow trading of shares and then remove share offerings. We may have a second and third round of issues from whatever the remaining shares are left from the orginal 10,000--- we aren't sure at this time but we will update once we reach a decision.
Dividends:We intend to pay out dividends
every thursday and monday for the first month, every other day for the first month. Then we will put to a shareholder vote the payout schedule from there.
Also for the first month, 95% of the profits will go to the shareholders in the form of dividends. After the third dividend in April is distrbuted we will then give 65% of the profits will go to share holders and the remaining 35% will go to the administrators. Any tx fees or taxes on earnings will be payed from our 35% share of the profits.
We cannot predict what returns will be, some weeks will be good and we'll be able to dole out a nice dividend but, inevitably, there will be times where we are flat or have taken a loss. In the event of a loss or zero gain at the time dividends are due we will pay out a "sorry we suck" dividend of .01 btc to be split among shareholders. We have set aside 1 btc of our own personal funds for this and the purpose is: 1, basically to let shareholders know we didn't forget to payout dividends. 2, to give shareholders something, since we feel we owe it to you. 3, We want to have a consistant payout system/record; avoid "rolling over" and shifting dividend payout dates.
FAQs: ~ Why not use "pump and dumps" on alt currencies (FRK, UTC, UNO, QRK, etc)? This strategy relies on manipulation and opens up the potential for massive losses, whether your 'leading' one or 'joining in' on one.
~ What exchanges will be used? BTC-E and BitStamp. These offer fairly low trading fee's and have an established history. We're open to other exchanges but we'd like to be sure of where we are putting our money (this is why we abandoned Gox after the Wells Fargo fiasco/seizure)
~ Will the funds be traded manually or by "bots"?
Both. The "bots" are based off aido/ATPs design but are largely our own design. Both manual trading and bots will use essentially the same strategy but we use both as a means to insure we don't rely solely on one or the other (and as a means of friendly competition between two of our three founders)
~ What if I don't want to invest but would like to learn more about your strategies/understanding the indicators?
We are always happy to help people learn the basics, even if you don't want to invest. Feel free to send a message to Tom and one of us will respond (
Tom@coinreturn.me)
~ Who are you guys?
We are Tom Mica, Jeff Lombard, and Tony Dewitt. We are three friends in our late 20's who discovered bitcoin in 2011 and have been hooked since. We've seen regulators shut down other projects here on CS when people disclosed their info so we'd like to say where we're from but are a bit nervous. We are not saying we live in the U.S. but we have all visited Tacoma, Washington and found it to be lovely. Legally this portfolio is located in, and managed from the nation of Cyprus.
Have a question you want to see here? Message Tom at the above address.
Have an idea for what should be here or on our website? Please contact us with your suggestion and be sure to include a btc wallet address because if we implement it we will try to give you a tip for your idea!
Coming soon:
- Screenshots of mechanics of EMA/MACD trading/crosses
- Implementation of a delayed stream of trade history
- A public comments form or forum on our website
- Polls on here and our website
IMPORTANT:
Trading and/or purchase of securities "shares" of this financial instrument, CoinReturn (RETURN), involves substantial risks, including complete possible loss of principal plus other losses and is not suitable for all members of the public. You should make an independent judgment as to whether trading is appropriate for you in light of your financial condition, investment experience, risk tolerance, and other relevant factors. We will take reasonable measures to ensure accuracy of the content on this web site, however, we do not guarantee its accuracy, and will not accept liability for any damage, losses or lost profits which may arise directly or indirectly from the content or your inability to access this web site. By purchasing shares of Coinreturn (RETURN) you agree to assume liability for any potential losses and understand this investment bears risk of loss of value. Purchase of this security is not legal in all areas, by purchasing you acknowledge that you are within a jurisdiction that legally permits purchase of such a fund. The content on this web site is subject to change at any time without notice.
Last updated: 3/4/14 02:45
