I have a full list of people and their investments on my web and FB link here as the whole thing is public to prevent money laundering and terrorist financing.
http://ranchimall.net/BitBonds/ https://m.facebook.com/story.php?story_fbid=1373337272709276&substory_index=0&id=959702797406061Those people who have known me for years have higher limits than Rs 7000.
The total investments is roughly USD 9000 or lets say Rs 6 Lakhs now. My annual guarantee costs is about 1000 USD.
So these amounts are not large. I have personal capital coverage of at least 10 times that amount for this product. So even if BitCoin prices go to zero, I can meet all my existing commitments without loosing a single hour of sleep.
The future increase in customers will happen only when the product itself will generate profits to cover future minimum guarantee requirements. So I will not put my personal capital at work for future customers.
Since I am taking 100 percent of downside price risk, 50 percent of upside gains is a fair deal for customers with 12 or 13 percent minimum guaranteed annual return.
The amounts look small now, because I am treading slowly and carefully on this. The biggest challenge is good risk management, and making sure that the program is stable over a very long time, lets say 20 years or so.