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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: HEDGE FUND BTC  (Read 34202 times)
TeKenway
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July 31, 2015, 01:33:38 AM
 #61

    I had a questions on this.
How can you operate as a hedge fund and stil accept clients from the general public such as none qualified investers?

What are your experience to manage a hedge fund, what is the security future of holding clients money, do you have a custodian, and if so is it an internal auditor or external such as a TPA? How can you claim such high returns with certainty?

Also, seems like you advise people on what to do with their BTC, if you move into a Adviser role do you not have to be covered under FiNRA?

I am not saying this is a scam I am simply inquiring. I have been an Adviser for years, and I study for my designations. BitCoin wildy fascinates me but I feel like I do not understand the financial protection of the Currancy or the companies that run them.

I will not lie, I would love to run my own Practice with BitCoin as the main topic since I think there is some huge potential upsides, just would not dare touching other peoples money without understanding everything inside and out, would hope clients would feel the same with any firm.
MarketNeutral
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July 31, 2015, 07:36:26 AM
 #62

    I had a questions on this.
How can you operate as a hedge fund and stil accept clients from the general public such as none qualified investers?

What are your experience to manage a hedge fund, what is the security future of holding clients money, do you have a custodian, and if so is it an internal auditor or external such as a TPA? How can you claim such high returns with certainty?

Also, seems like you advise people on what to do with their BTC, if you move into a Adviser role do you not have to be covered under FiNRA?

I am not saying this is a scam I am simply inquiring. I have been an Adviser for years, and I study for my designations. BitCoin wildy fascinates me but I feel like I do not understand the financial protection of the Currancy or the companies that run them.

I will not lie, I would love to run my own Practice with BitCoin as the main topic since I think there is some huge potential upsides, just would not dare touching other peoples money without understanding everything inside and out, would hope clients would feel the same with any firm.

He is based in Spain, not the US. Legally he cannot take US investors, however unlicensed nano sized funds are not that uncommon and the chance of SEC intervention is pretty slim. As far as this being a scam, Makalu has always been very transparent, and the fund contains valid revenue streams, the main revenue comes from Bitcoin ATM's Makalu has set up in Spain, CoinDesk did an article on one of them recently I believe. I've personally recovered my initial investment in dividends alone over the past ~18 months or so (initial investment of LTC, USD wise the fund didn't perform as well).

The exchange the fund is traded on (Litecoininvest) however should be avoided. I have not been able to withdraw my funds for two weeks now, no replies from Admin. From what I understand is that the admins abandoned the project and now the site is running on autopilot.


Do you think it doesn't matter as long as you get your money back? That logic also applies to ponzi schemes.

The issue at hand is not where this so-called hedge fund is domiciled. Spain? Gibraltar? Ireland? The Cayman Islands? The Channel Islands? The City of London? Doesn't matter. Nor is the issue transparency or revenue streams or Bitcoin ATM's or dividends or even that you recovered your principal. The germane issue is that whatever this thing is, it is not a hedge fund, an entity with a very specific definition globally. The SEC? That's irrelevant in this case. "Unlicensed nano sized" fund? The operative word is unlicensed, which thus proves it is closer to a beggar on the street than an actual hedge fund. Any investor ought to be extremely skeptical of an entity calling itself something that it is not, especially when it implies so much. Would a sole proprietorship selling trinkets at a shopping mall kiosk call his business a hedge fund? Of course not, because it isn't a hedge fund. Why doesn't Makalu simply call this thing he does a Bitcoin ATM company of some kind and do away with the hedge fund charade? This desperate attempt at legitimacy isn't necessary if the business itself is legitimate. Why the pretense?
TeKenway
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July 31, 2015, 03:01:50 PM
 #63

That's just it,

I've read several books on Bitcoin and one thing that keeps standing out is how the 1 or 2 person companies are dominating and end up collapsing or leaving clients money vonrable.

It reminds me of the early days of the NYSE.
There were so many scams that they had to force a regulatory entity.

Being very passionate at what I do, I find it extremely annoying to have FiNA breathing down my neck every time I go to write an email or if I wanted to start a blog about economics for investers.

However, some of the guys and gals that I have had the misfortune to work with over the years makes me extremelly happy to have a regulator that cares about suitability(however little that Is) or those same coAdvisers would just punish the poor investers with High commison products.

Once again, not saying this is a scam, I simply don't know you or your company, I guess Im just envyios and skeptical of your liberal operation with High return claims

Bitcoin is something I truelly think could be a game changer, but it'd up to the early adopters if that game changer will be for postive change or negative change.
mookid
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August 02, 2015, 02:28:53 AM
 #64

Hi, im thinking about invest in your hedge fund, what is your medium interest rate?
makalu (OP)
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August 28, 2015, 03:44:38 PM
 #65

Bitcoin Investors Trust SLU buy 100% BitPhone.
Bitphone is one website where people can add money in cellular balance.
Now operate in 14 countries. But plan is add more countries in system.
Also in 2-3 months ATMs Bitcoin Exchange add this app in all owned ATMs.
makalu (OP)
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September 24, 2015, 02:53:26 PM
 #66

http://sobrebitcoin.com/bitcoin-investors-trust-compra-bitphone/
makalu (OP)
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September 26, 2015, 09:09:42 AM
 #67


http://www.upf.edu/esup/en/actualitat/lecture.html#.VgY2h-n4Qkw

http://www.upf.edu/esup/es/actualitat/leccion_inaugural.html#.VgY3T-n4Qkw

http://www.upf.edu/esup/actualitat/llico_inaugural2015_2016.html#.VgY3Z-n4Qkw
compensator
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September 28, 2015, 10:59:54 AM
 #68

Hi, Makalu,

litecoininvest.com was down for a while and now domain has expired. What you gonna do about it as HFBTC and HFLTC fund manager? I understand that you aren't operating as litecoininvest owner, but somehow we, the investors should be able to get our investments back, or at least some sort of input form your side and outlook of possible your actions.
makalu (OP)
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September 28, 2015, 11:23:10 PM
 #69

La empresa ATMs Bitcoin Exchange SL implementará en sus cajeros una opción para que se puedan dar donativos a las ONG pagados con bitcoins.
Ya se han adherido las primeras asociaciones !!!
http://www.donacionesbitcoin.org/donaciones-1.html
makalu (OP)
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September 29, 2015, 02:43:17 PM
Last edit: September 30, 2015, 08:55:40 PM by makalu
 #70

why is the minimum investment 10btc?

Now minimum is 0,00105 BTC = 1 share
Thanks.
makalu (OP)
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October 11, 2015, 08:21:15 AM
 #71

NEW:
Bitcoin Investors Trust SLU buy www.litecoininvest.com
In a few days we have website control and we reactive all normal performance.
Thanks.
compensator
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October 12, 2015, 09:06:46 AM
 #72

Hey, Makalu,

That's the great news, thank you for letting know. I hope everything is gonna perform well at your supervision Smiley
ranlo
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October 13, 2015, 06:22:05 AM
 #73

Can someone share some quick financials? Mainly:

1) Cost per share (latest I saw was ~1 mBTC)
2) Historical/estimated ROI per month/year

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
ranlo
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October 13, 2015, 07:05:22 PM
 #74

Can someone share some quick financials? Mainly:

1) Cost per share (latest I saw was ~1 mBTC)
2) Historical/estimated ROI per month/year

I've owned HLFTC shares for about a year and a half, fiat wise I've just about broke even (LTC was $10+ when I invested), but in terms of Litecoin its been a fantastic investment (recouped more than initial investment in dividends, share price is up ~8x).

Very nice! Where are they traded now? I've been trying to visit the Litecoininvest page since yesterday and it's always offline.

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
makalu (OP)
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October 14, 2015, 05:38:01 PM
 #75

Can someone share some quick financials? Mainly:

1) Cost per share (latest I saw was ~1 mBTC)
2) Historical/estimated ROI per month/year

I've owned HLFTC shares for about a year and a half, fiat wise I've just about broke even (LTC was $10+ when I invested), but in terms of Litecoin its been a fantastic investment (recouped more than initial investment in dividends, share price is up ~8x).

Very nice! Where are they traded now? I've been trying to visit the Litecoininvest page since yesterday and it's always offline.

I hope next days LitecoinInvest return online ;-)
Our Fund buy it.
makalu (OP)
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October 14, 2015, 08:28:59 PM
 #76

http://avalbit.org/actividades/presentacion-de-bitcoin-investors-trust-slu/
Paws1t1veEV
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October 27, 2015, 10:58:37 PM
 #77

Makulu, could you please verify that "Hedge Fund NXT" and "Hedge Fund LTC/BTC"?

If so, I'll invest some NXT.

Thanks,

Paws1t1veEV
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October 27, 2015, 11:18:46 PM
 #78

Hedge fund in Spain? Okay, so could you post the CNMV documentation?

If not: SCAM.
ranlo
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October 28, 2015, 01:27:43 AM
 #79

Can someone share some quick financials? Mainly:

1) Cost per share (latest I saw was ~1 mBTC)
2) Historical/estimated ROI per month/year

I've owned HLFTC shares for about a year and a half, fiat wise I've just about broke even (LTC was $10+ when I invested), but in terms of Litecoin its been a fantastic investment (recouped more than initial investment in dividends, share price is up ~8x).

Very nice! Where are they traded now? I've been trying to visit the Litecoininvest page since yesterday and it's always offline.

I hope next days LitecoinInvest return online ;-)
Our Fund buy it.

You mean your fund is the one that purchased the site?

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
makalu (OP)
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November 07, 2015, 08:13:24 AM
 #80

Makulu, could you please verify that "Hedge Fund NXT" and "Hedge Fund LTC/BTC"?

If so, I'll invest some NXT.

Thanks,

Paws1t1veEV

Yes Hedge Fund NTX is managed for my friend Arturo.
I know it.
All dividends paid in Hedge Fund BTC, LTC & NXT are paid by Bitcoin Investors Trust SLU
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