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Author Topic: Anonymous Cryptocurrency Investment in Iran  (Read 419 times)
Saint-loup
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January 27, 2020, 03:47:16 PM
 #21

In what kind of business, will you invest? Have you some guidelines for your portfolio? Some market strategies?
Will you only invest in stocks or you will make other investments alongside with the funds?
What is the minimum required amount to invest in your project?

ir-crypto-invest (OP)
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January 27, 2020, 09:28:52 PM
 #22

most of the stocks are still under their real values.
when economy crashed and many of the very same companies started having reduced revenues, their stock value should have decreased. and when it instead went up it means they are overpriced not underpriced. we may see more pumps but that doesn't change that fact.

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You definitely right. It sounds too shady. No connection, no possible official complainant and nothing. But we have absolutely no idea on how it's possible to make the trust here (read my previous reply). Let us know and we'll go for it.
well if it is mining then you could start by posting some verifiable picture of ASICs running and mining. you could also post some of the block hashes of the blocks that your miners found.
you could also take one step further and post the address of the place where you are mining at so it could be visited!

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Internet outage:
Yes, internet has been shut down for 10 days. But it wasn't completely shut down, about 95% only. Read more about it here:
https://netblocks.org/reports/internet-restored-in-iran-after-protest-shutdown-dAmqddA9

Tech experts (including us), government itself and few others were making that 5% online. From our perspective, this is absolutely nothing to consider or worry about. We ALWAYS have some methods to connect to outside even on 100% national-wide outage. Believe me Wink
it was the national security council that shut down the internet and it was 100% so unless you are part of this council you didn't have access to the "internet". accessing servers located within the country doesn't count as having internet.
of course there are always "methods" to go around anything but claiming you have access to such methods is just another "claim"!

Sorry but I don't understand from which source you're saying that companies have reduced revenue? There are plenty of fundamental companies priced much lower than their estimated intrinsic values.
There are definitely companies with overvalued stock price because of heavy cash inflow during this year. Here is official TSE website to evaluate company information: http://en.tsetmc.com/Loader.aspx

As I've replied to Adriano2010 previously, we're not mining currently. For now, our co-workers are just selling miners and setting them up.

About the Internet outage (we know Internet definition), I'm referring you to that article again. Please read these. For second one, you'll need a translator:
https://netblocks.org/reports/internet-restored-in-iran-after-protest-shutdown-dAmqddA9
https://circle.arvancloud.com/گزارش-یک-کابوس؛-ایران-۱۶۰-ساعت-بدون-این/

Again, it was 95% outage and we (and NOT only us) have methods to bypass 100% outage too. We're living in a county of censorship; we know how to deal with it. I'm not going to talk about these methods for obvious reasons.
ir-crypto-invest (OP)
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January 27, 2020, 09:39:17 PM
 #23

Mining in Tehran with electricity is not cheap as you say its very expensive and you need a mining license.Using subsidised electricity and getting caught gets you prison.

Thank you for replying. I've explained electricity price with official announcement and required licenses here:
https://bitcointalk.org/index.php?topic=5220855.msg53714611#msg53714611
https://bitcointalk.org/index.php?topic=5220855.msg53710484#msg53710484

There is no illegal action related to mining or using industrial electricity with license.
ir-crypto-invest (OP)
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January 27, 2020, 09:57:23 PM
Last edit: January 27, 2020, 11:22:39 PM by ir-crypto-invest
 #24

You really think that anyone would give invest with you blindly? If you would have a decentralized and transparent way to manage the funds it would be another discussion, but when you ask people to blindly send you BTC without even seeing your face and knowing where to find you in case you steal their money is just foolish.

You'd raise more money by begging on the streets.. Roll Eyes
A plan without infrastructure and execution is worth nothing in a professional investors' eye.

You correct. It's horrible indeed. But even if I expose our full identity and addresses, will it really make any trust? Can people reach us in Iran? They probably can't even make compliment about us!

We don't have extremely complicated plan. We'll simply invest in TSE (short and mid term) and/or mining. Portfolio management will be up to us but real plan will be all about endurance of investors and current potential of these options. Here is an overall portfolio of the assets:
And yes, we could raise more money that way :‌)‌)

By the way, we're not doing something secret. Any foreign can invest in TSE (https://tse.ir/cms/Page82.html) and correct relation with someone in IR, you can simply run your miners here. We're just doing same thing by covering identity of both sides.
ir-crypto-invest (OP)
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January 27, 2020, 10:51:23 PM
 #25

In what kind of business, will you invest? Have you some guidelines for your portfolio? Some market strategies?
Will you only invest in stocks or you will make other investments alongside with the funds?
What is the minimum required amount to invest in your project?

We'll have dedicated portfolio upon starting investment for five main situation which will be chosen by majority of the investors. Here is currently estimated assets:
https://i.ibb.co/99fj8WT/assets.png

This portfolio is weighted on each row to follow the estimated profit. Assets can be changed upon investment or any time if we found better potential opportunities with lower risks in either these options or new assets.

Minimum investment is $500 in BTC but we won't start until reaching $45k. If we reach the deadline (2020-05-01), investors will decide to either get their coins back, increase the deadline or start investing with tuned investment plan.
ir-crypto-invest (OP)
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January 29, 2020, 07:29:08 PM
 #26

Just added another $500 to the budget from our own group. Total: $2500
ir-crypto-invest (OP)
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April 24, 2020, 01:15:33 PM
 #27

Just for the update, we couldn't reach the budget for the investment, it's still $2500. Though 7 days are remaining to the deadline, I think we might not be able to reach the budget.

During this period (~90 days), TSE stock growth was +85% (chart) and IRR/USD was +18% which means 67% profit in 3 months which was a little bit beyond our expectations.

Much more money is expected to be injected into TSE this year and though we lost that 67% profit, I think the opportunity is still there strongly!  Smiley

Sources:
TSE Index
IRR/USD rate
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