Post
Topic
Board Service Discussion
Re: Esoteric Investments, LLC (up to 1% earnings)
by
Phantom Trader
on 29/10/2014, 10:44:04 UTC
Are you dumb, you don't see anyway that it is possible to make over .1% on average daily.

I know for certain that it's possible with a limited amount of funds, but it doesn't scale to very high sums. With a higher sum of invested money the profits measured in percent will fall. That means it would be stupid for anyone who figures out how to give away the profits to random strangers.

Right but at 20 btcs we're not there. At 100btcs we might start seeing the effects of having too much. It's something we are aware of, and at that point either stop taking in deposits or we change the payout model to something more conventional of a private mutual/hedge fund.

Or what'd be amazing is if we are at that point fully accredited, then we'll just use that coin and turn it into USD investments like stocks and commodities. Though again this will probably come with a change to our operations. Adding USD in addition to BTC adds a lot of complexity, or was I the only one puzzled by how BT did it. At that point the sky is the limit for the fund. We don't want to be only in Bitcoin forever. The term esoteric investments in the financial world spans much farther then digital currencies.

In the next year Esoteric Investments is going to change A LOT both the face and the inner workings of it. I'm excited for it!  Grin

Sit back and enjoy the show, hopefully we can earn you some money along the way.