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Showing 15 of 15 results by CIMF
Post
Topic
Board Securities
Re: Crypto stocks listing, CPW
by
CIMF
on 25/05/2014, 09:24:14 UTC
anyone interested at shares at 30% of the cpw price?
Post
Topic
Board Securities
Re: Crypto stocks listing, CPW
by
CIMF
on 24/05/2014, 14:52:41 UTC
... And then the bottom fell out last dividend 20 May 16:15   0.41281991   41,281,991   0.00000001   BTC
a lot longer than the usual 2 days, after paying out ~30%
website down, and of course

"
Announcements

Ticker    BCMINECS - Big Cactus Mining on Cryptostocks
Date    24 May 23:46
Reselling CryptoPower Mining Shares up to half price
We got the chance to acquiere CryptoPower Mining with a huge discount. A part of them, we decided to offer for Cryptostocks customer up to half price in the Options section. In our opinion CPW project is under good development and management and returned stable15% ROI a month.
"
Wow, big cactus mining is selling their shares at half price, holy fuck, thats a bargain, everyone, quick buy up those cheap shares while they are hot hot hot!!
Post
Topic
Board Marketplace (Altcoins)
Re: New Exchange/Trading site opening CryptoPowers.com
by
CIMF
on 01/05/2014, 03:19:27 UTC
sorry cryptos, i mistook you for another person, that question was meant for someone else.
Post
Topic
Board Securities
Re: Crypto stocks listing, CPW
by
CIMF
on 01/05/2014, 02:34:28 UTC
yea, i think that isn't the same person either, this sucks, now to see if i can't find some more info on them.
Post
Topic
Board Marketplace (Altcoins)
Re: New Exchange/Trading site opening CryptoPowers.com
by
CIMF
on 30/04/2014, 11:50:51 UTC
Crypto powers, Just a question, what sort of mining machines are you currently using? What is the total hash power, do you have any logs or reports?
Post
Topic
Board Securities
Topic OP
Crypto stocks listing, CPW
by
CIMF
on 30/04/2014, 04:12:58 UTC
I'm trying to find some more information about crypto power mining, but all they seem to have is 3 page website, but no forum activity that i can find, has anyone seen any information on this operation outside of those two things?
https://cryptostocks.com/securities/111
Post
Topic
Board Service Discussion
Re: Mydailybitcoin.com ? Scam or not?
by
CIMF
on 08/04/2014, 16:17:08 UTC
Yep, i tried 40 mBTC on this site, left it for 1 day, interest got paid, converted the investment back. Went the withdraw the money, got a withdrawal request rather than the previous withdrawal on the interest payment.
Its a scam, high promotion of an affiliate system, let me guess support staff that are never online and always leave us a msg and we will get back to you lols.
Post
Topic
Board Lending
Re: Loans offered
by
CIMF
on 26/03/2014, 11:15:38 UTC
Pleasure to deal with, nice smooth transaction
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 17/03/2014, 06:18:21 UTC
This is actually the first time I have actively participated in the forums.
I have been following bitcoins on and off the past 2 years. The other half of the operation works already as a professional financial planner, creating and managing funds for some fairly substantial clients.
But we aren't both 100% on the idea so that's why no website no email or anything that might give us an once of credibility.
Unfortunately I don't have a reputation on here, I hope to create one, and go about it the right way. I can follow mpoe-pr's advice, and basically get all my ducks in a row before I even to attempt something like this.
I want to do this the right way and not screw anything up.
I had an opportunity to create a bitcoin<>Aud website, but I didn't act, and i'm regretting it ever since.
I'll see what I can do about an example portfolio, and hopefully we can prove ourselves to the community before trying to undertake such a venture. Thanks nutterboy
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 17/03/2014, 02:02:54 UTC
To respond to Nutterboy's point, This was simply an initial thread to see the reaction from the bitcoin community, i'm not currently selling any product, and do not wish to promote my employees until everything has the go ahead.

And to respond to Duffer1, why would anyone take fiat, convert it then send the bitcoins to me so i can convert it back to a fiat currency? It dosn't make sense, this product is designed for people like miners. Who earn small amounts of bitcoins regularly who would like to invest a portion in a managed fund on one of the world's most regulated and stable economies.

And thanks MPOE-PR, i don't frequent these forums as often as i should have.
This is a collaboration between two people, and its still in the extremely early phases, we have nothing more than a simple business idea, not a plan yet.
I have alot more homework to do before i can make any serious proposal in the bitcoin world, Thank you again.
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 16/03/2014, 03:00:57 UTC
Quote
The only downside is if the bitcoin rises in value against the AUD.

That's guaranteed to happen.  Your idea is terrible.

Anything can happen in the bitcoin market, it is unregulated. People already buy gold with bitcoins we are simply offering an alternative to cloud mining or gold.
Our idea is provide a product that is fairly stable and regulated (the AUD) in a market with a volatile nature.
Even if the value of the bitcoin rises, your actual stake in the company remains the same, if it falls, the same thing happens.
Historically AUD has been a stable investment, during the GFC the AUD didn't take a big of a hit as other commodities.
Where as in the space of a year Bitcoins went from $20 to $1350 then back down to $550.
So when you say "That's guaranteed to happen" i hear "The Titanic is unsinkable".

I would like to hear any comments or questions people might have, but please try to have constructive criticism.
Thank you.
lol.  Well put response to Duffer1's point but I'm afraid I would still have to side with Duffer1 on this one.  Betting that the value of BTC won't increase vs. value of AUD is a pretty poor bet imho.

*Best of luck with your endeavor nonetheless (assuming legit)

Thanks mate, at least you made his point. I myself believe the bitcoin will rise in value aswell.
Hence why we are trying to break into the market with our skillset. To capatalise on niches.
If you want to diversify your portfolio by having some bitcoins linked to the $AUD, it wouldn't be the stupidest move.
Just hoping to hear if any of you guys have any other issues other than a rising value of bitcoin?

But to give everyone a time schedule, work on the website will start on the 27th March.
This will just give everyone a little more information about the structure of the IPO,
more details on figures and dividend frequency (we are looking at monthly dividends).
Techniques on avoiding exchanger fees (BTC<>AUD), and share buybacks.
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 15/03/2014, 15:18:22 UTC
Quote
The only downside is if the bitcoin rises in value against the AUD.

That's guaranteed to happen.  Your idea is terrible.

Anything can happen in the bitcoin market, it is unregulated. People already buy gold with bitcoins we are simply offering an alternative to cloud mining or gold.
Our idea is provide a product that is fairly stable and regulated (the AUD) in a market with a volatile nature.
Even if the value of the bitcoin rises, your actual stake in the company remains the same, if it falls, the same thing happens.
Historically AUD has been a stable investment, during the GFC the AUD didn't take a big of a hit as other commodities.
Where as in the space of a year Bitcoins went from $20 to $1350 then back down to $550.
So when you say "That's guaranteed to happen" i hear "The Titanic is unsinkable".

I would like to hear any comments or questions people might have, but please try to have constructive criticism.
Thank you.
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 15/03/2014, 06:42:50 UTC

"Our employees have consistently returned averages of 20% R.O.I p.a. peaking at 30% in the past 3 years"

Can you please provide proof of this and another other type of proof of the companies history thanks.

Also would it be more beneficial to use a online broker like cmcmarkets.com.au where you would have access to other international markets/securities instead of just Australia alone? Thanks again.

The company will operate in AUD and convert accordingly to pay dividends, the actual portfolio will invest in the more traditional stocks and investments.

My apologies, i worded that wrong, our prospective employees have developed and managed portfolios averaging 20% ROI each year over the past 5 peaking in the last 3 years at 30% (this is not indicative of all portfolios, but all had growth).
At the current point in time this proposal is simply a feasibility study, no product is currently being offered.
Without a abn this is market research asking the bitcoin community if they would invest in such a venture.
We intend to start a small managed fund, with the potential for growth, and work within Australian regulatory commissions, using crypto stocks as our funding platform.
Post
Topic
Board Securities
Re: [Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 15/03/2014, 05:51:30 UTC
Currently we aren't listed on cryptostocks, the project is still in the market research phase.
If we see there is sufficient interest in such a venture we will fund a website and purchase a listing on cryptostocks.
Before we purchase the listing we will have an abn.
Post
Topic
Board Securities
Topic OP
[Crypto Stocks] Combined Investment Managed Fund
by
CIMF
on 15/03/2014, 03:15:44 UTC

I am pleased to introduce a Managed Fund investment opportunity on cryptostocks.com.
CIMF is only in the preliminary stages as of the moment but our vision is to have a managed fund within 6 months of our IPO.
CIMF will employ financial advisors on a commission basis, based on their previous work and past portfolios.

With the capital raised on cryptostocks.com the bitcoins will then be exchanged into $AUD and the money will be deposited into a managed fund.
This is a niche of the market that we believe exists, bitcoin enthusiasts have looked for a way to have a fairly stable backing like gold,
with CIMF you are able to invest in the $AUD stock market and have regular returns.
Because our company is based in two currencies problems arise with exchange rates and the value of stock.  We intend to start small, and grow in manageable stages.
Our IPO will initially be worth only $AUD50,000. The bitcoins collected will then be exchanged and invested on the Australian Stock Exchange.
The company will be based in AUD, so shareholders will receive a dividend based on the value of the AUD and performance of the fund.
Because of the volatile nature of the bitcoin, this is an investment opportunity to have a stable investment like gold but earning interest at the same time.
The only downside is if the bitcoin rises in value against the AUD. We hope to overcome this by offering ‘1 cent’ shares enabling miners to invest some of their income investing in a stable currency.
Payouts will be calculated in AUD and then divided by the number of shareholders in bitcoins.

Our employees have consistently returned averages of 20% R.O.I p.a. peaking at 30% in the past 3 years.
Working on a commission basis encourages our financial advisors to perform to the best of their ability.
This will be a simple 20% additional commission for every dollar made over 20%. For example: if $100 earns 30% interest, we will deduct $2 as commission.
The only other fee associated with the fund is an initial 5% admin fee.  This 5% will be held in the fund owned by CIMF.
This will be the only fee associated with the investment, the only other being the performance based commission.

With this project being in its infancy, I would like to introduce it to the bitcoin community to assess market feasibility,
hone and possibly revise our business plan using input from the bitcoin community. With saying that, I welcome all comments and questions and will try to address every point.