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John (John K.)
Global Troll-buster and
Legendary
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Activity: 1288
Merit: 1227
Away on an extended break
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June 07, 2012, 01:13:07 AM |
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How would you hedge against BTC price increases?
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Bitcoin Oz (OP)
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June 07, 2012, 05:26:34 AM |
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Someone needs to start a BTC only VC firm so I can just throw money into that and not have to research each business proposal.
Either that or an investment club.
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Bitcoin Oz (OP)
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June 07, 2012, 05:30:23 AM |
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How would you hedge against BTC price increases?
This is something I thought about that is difficult to do with the current setup of glbse. To do this would require accepting fiat and paying out bitcoin....
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Bitcoin Oz (OP)
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June 07, 2012, 05:47:21 AM |
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There's already an IPO company on the GLBSE, but when I asked them for help they weren't interested in BMF even with a 10% discount and guaranteed NAV (out of management fees). Would your company be interested in taking that offer? BMF invests only in mining companies on glbse. The idea for the angel passthrough is to bring in more asset types than bitcoin mining. You can also buy shares in different assets on normal sharemarkets but how many pay out in btc ?
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DiabloD3
Legendary
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Activity: 1162
Merit: 1000
DiabloMiner author
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June 07, 2012, 07:23:07 AM |
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Someone needs to start a BTC only VC firm so I can just throw money into that and not have to research each business proposal.
Huh. Thats not the worst idea I've heard today. Although, as a counter, GLBSE has turned into crowdfunding central lately.
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GeoRW
Sr. Member
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Activity: 350
Merit: 257
Trust No One
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June 07, 2012, 09:43:42 AM |
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That Columbian bitcoin exchange looks interesting. Maybe you could contact them to try to get funding here (in exchange for some shares/bonds of course). That could work in bitcoin economy.
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Stephen Gornick
Legendary
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Activity: 2506
Merit: 1010
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June 07, 2012, 11:40:15 AM |
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my idea is to find an appropriate one to raise the funds for on glbse then convert to their required currency and invest in their company. And how do you answer: "This isn't offered just to accredited investors but to the general public? Aren't there laws regarding that?"
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Bitcoin Oz (OP)
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June 07, 2012, 11:57:38 AM |
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my idea is to find an appropriate one to raise the funds for on glbse then convert to their required currency and invest in their company. And how do you answer: "This isn't offered just to accredited investors but to the general public? Aren't there laws regarding that?" For example, a "private investment company" may not need to register with the SEC. To qualify, an investment club
must not make, nor propose to make, a public offering of its securities, and must not have more than 100 members. I wonder if we could have a special section of glbse that can manage such a thing and limit the amount of members involved ? So you could manage investment clubs through there...
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Bitcoin Oz (OP)
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June 07, 2012, 12:23:12 PM |
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There is a difference between private investment clubs and securities. To do a club you need to vote for the "officers" (secretary,treasurer,president etc) and have "meetings". Members each investigate investment opportunities and report back at those meetings. A security is the club or company selling shares in itself to more than 100 people I assume
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bitdragon
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June 07, 2012, 04:52:58 PM |
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That Columbian bitcoin exchange looks interesting. Maybe you could contact them to try to get funding here (in exchange for some shares/bonds of course). That could work in bitcoin economy.
Good idea. I have been writing to my ex-Colombian girl friend and her dad to get cracking into the Bitcoin world. They are based in Medellin We should get more information about them & the structure.
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GeoRW
Sr. Member
Offline
Activity: 350
Merit: 257
Trust No One
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June 08, 2012, 07:53:53 AM |
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Bitcoin Oz (OP)
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June 08, 2012, 10:37:35 AM |
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Ive been wondering why an exchange doesnt raise funding through glbse to get the community invested in its performance...
The major exchanges are all private companies.
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PawShaker
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June 09, 2012, 07:15:49 PM |
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Ive been wondering why an exchange doesnt raise funding through glbse to get the community invested in its performance...
The major exchanges are all private companies.
Because it initialy does not need much funding. Probably running it from a virtual server aided by computer hosted in private undisclosed home. A startup exchange keeps all user facing operations on volunerable server but all deposits and withdrowals are done on home pc. Now scalinig it up is a tricky buisness. The example of Bitcoinica has shown it clearly. What works in small scale, doesn't in large.
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1FQkH63k6hkexFMTRzLtJEE6ZAaTBRhjiS
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stochastic
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June 09, 2012, 07:53:20 PM |
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Someone needs to start a BTC only VC firm so I can just throw money into that and not have to research each business proposal.
Either that or an investment club. I would join.
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Introducing constraints to the economy only serves to limit what can be economical.
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