Post
Topic
Board Securities
Re: [JUPITER] Bitcoin Algorithmic Trading Fund IPO (pre-IPO, interest gathering)
by
abs350
on 13/10/2014, 11:29:59 UTC
"The Bitcoin Jupiter Fund (BJF) is a Registered investment company. Registered investment companies are registered under the 1940 Act and subject to significant disclosure and ongoing compliance obligations. As registered investment company securities are also registered under the 1933 Act, they may be offered to the public"

Bullshit

Ok so the price is now falling again.

We'll hit $200 in the next week.

Get the f*** out of bitcon or you'll go broke soon!

Your response to a thread about a dream of BTC going sub $100:
your dream will come true

Bitcoin is good for making money haha

No seriously ask yourself. I want to make or loose my cash. If make, go invest in something else. If loose, bitcoin

this is a joke but also serious

You don't really seem to have a strong grasp of the BTC market.

On another note, do you have any clue on how expensive it is to register as an investment company in the US? Il wager this never happens.

Thanks for your comment.

Firstly, the above comments on the bitcoin price are personally directed and do not reflect the business of the fund. Hopefully investors can understand that there is a separation between business and personal activities, and that comments made by an employee may not reflect the opinion of the business.

Having said that, following this pre-announcement, I will not make any further public comments on the bitcoin price. I would like investors to judge the merit of this fund on the business sense, methodology and ultimately P/L rather than any non-relevant comments by the fund's employee or traders on the bitcoin price itself.

Secondly, I believe your comment "You don't really seem to have a strong grasp of the BTC market." is without evidence. If you'd like to follow that statement with evidence, I'd be happy to answer it.

Finally, this is a Pre-IPO announcement. Given that, all proposals mentioned herein are proposals. Given that enough interest can be determined, it is the intention of the fund to register as an investment company. I cannot say anything more than that at this moment.

Thanks for your comment, please let me know if you have any further questions or follow-up.