True, with current state ETH also may have scaling issues in 1-2 years. Difference is that ETH has a strong leadership that can execute fast the scaling solution they believe oportune, while BTC will be stuck in the same debate for a long time. One can say that this means that ETH is more centralized than BTC. True, but the big money is going to ETH, and will keep going to ETH, so it would be foolish to ignore that and not profit from this situation. We have to remember that ETH token value represents the entire Ethereum network, and it has the potential to be much much bigger than BTC network. 

Correct, that could apply to a low marketcap coins, specially those ones of extreme fund and much probably Extreme funds will not be public information in the future because of this factor (possibility to do a P&D scheme)

But for all the other ones, you should need a really big bunch of $$ to make this process happen (10-20M at least). Let's be sincere, not so many people is looking at Blue Magic right now.  

Even with that, this is not the same as wall st. behaviour? I think we all know where are the best investors and companies positioned in and what happens when they move on... It's just called market power or market influence and you cannot control that  

Yeah it's a bit complicated.

The situation is this one: How you say, legal status of this kind of financial companies are not cheap, and for the moment I have 0 interest in wasting resources in useless bureaucratic costs.

Blue magic is not pretended to be a "classic company", but a "financial brand" composed by great autonomous investors/managers that have a common list of human good values. That is transparency, confidence, proximity, honesty, free information, help to the begginers, etc.

I know that the concept seems abstract right now, but when the Iconomi platform will be ready things will be much clearer. Iconomi will be like "the uber" of fund management, where every individual can set up his "hedge fund" without the expensive bureocratics costs of real world nor business licenses. Blue Magic objective will be to expand this "good values movement" over the financial sector and over other sectors in the future. It's a quite ambitious goal but I deeply think that is the way that "companies" shoud proceed in the future.

For the moment I'm the only fund manager in Blue Magic Capital. The three "hedge funds" you see are 100% managed and owned  by me. No external capital can enter in the funds until legal status allows me to do so. This is just a way to show and prove my management abilities before Iconomi platform is ready (6-9 months), so when it launches people can already have some historic data about manager FrankPM.

I hope it's much clear now, the concept still has to mature and there are things to modify, but I think you can perfectly understand where Blue Magic is going.  

The rebalancing tweets always directs to the web section http://bluemagic.info/blog/movements/

There you can find the details the rebalance actions.

Rebalancings are not so frequent, there has been some this month because a lot of movements in the markets, but usually there's only one rebalancing in 2-3 weeks. I follow a FA buy&hold strategy and I don't need to trade a lot to get good performances. 

I'm personally invested in Iconomi, but in the public funds I cannot list it since it would mean some kind of investment redundance.

The article was well written by Munti, very simple and explicative.

You don't have to say thanks David, we all should thank you for your persistence, your coding abilities and your human being values. People like you are a treasure for humanity, and should be supported to the max. That's one of the Blue Magic transversal objectives.

You have full support from us, anything you want just say it. We'll do everything we can to see your projects succed.

PS: We're already looking for a proper wife for you, you don't have to worry about that anymore.

There has been so many rebalancing lately because of the big activity we're seeing. I've had to sell positions and buy another ones. You still cannot join the funds until Iconomi is ready. 

Thanks man. I know the same as you, Iconomi are working hard but seems that will take some months to release an stable version of OFM plattform.

Hey man, just put muy funds in the website. Thanks for the service.  

Not really. Rebalance could happen anyday depending on the markets condition. Will post immediately when rebalances occur.

Hey, all those C coins from extreme fund will surely not be able to be in Iconomi. Extreme fund is an special one, I know that probably will never see the light but it's interesting to share too. These shitcoins are great opportunities at those prices. 

Of course man, but have in mind that 90% of success of ICONOMI will be because of OFM platform. If the platform doesn't work properly, or there's no general interest in using it, ICONOMI will have very low revenues cause ICNX passive index is basically an unappropiate way to invest in these cryptomarkets. So yeah, as a ICN holder you should be very interested in these kind of projects, not only mine.  

Cheers.

LOL man, you're gonna eat your words really hard.

Wanna play like a true man? Then put your porfolios here public and try to outperform me, as simple as that. You have my positions, my movements and my charts. I wanna see yours now.

I warn you, it won't be easy to outperform that little "inexperienced" and "unverified" kid.  

You should do more research before judging people man.  

Hi Daparski,

1. My biggest desire is to be able to create open-ended funds (index-based), meaning that every investor can get in & out more or less when he wants (liquidity in crypto is not big enough, so a 2-3 day liquidity period would be OK). Most of coins/tokens included will be those who are already in the market and have decent volumes. It is also a possibility to invest in some ICO if it's really good, but most of portfolios will be composed by already existing and traded coins/assets.

2. It depends on the fund. Retirement fund won't change very often (1month-2months maybe). Dynamic fund will change often (every week-2weeks), depending on the market conditions and extreme fund too. Even with that, I'm not a daytrader and my style is to buy and hold good coins at good prices, so there won't be any dramatical changes in the compositions of the portfolios, it will be very gradual.

I'm from Spain, no problems with USA regulation  

Are you involved with Iconomi?

Hey folks, sorry to spam the topic. I'm the manager of Blue Magic Capital and I'm planning to get our hedge funds in ICONOMI, you can take a look at our porfolios and performances:


https://bitcointalk.org/index.php?topic=1735130.0


Happy 2017 for ICONOMI and everyone, it seems like it will be a great year for all!!  

Hi rgornik, I invest in coins/tokens no matter what, the only condition is them to have strong fundamentals (pure shitcoins are only traded in extreme fund, and even with that, they are the most solid shitcoins outthere, I will make a writting explaining the classification of assets/coins). It's also a possibility to invest in some ICO if there's a good opportunity to profit, but mostly all will be based in medium-long term trading of everything you see listed in Poloniex and Bittrex.


About investments, I will say it another time. You CAN'T invest in our hedge funds until there's a secure, legal and easy way to do so. Most surely ICONOMI will be the plattform used, and of course there you'll can have all proofs of investments and everything fully transparent. . Last thing I want is to take and store money from other people and get into trouble.

All what I can say during these months is: sit down, relax, watch, learn and join the Blue Magic community, I'm sure you will like it. We may be total noobs in business (I'm just 21), but I can tell you that I know how to trade, and I'm a good guy. I think that's enough to make this project succed.  

Hey wise man, how is your reading comprehension? Everything Ok in that head? I think you need some open-mind treatment, seriously.

We do NOT want money, we do NOT make an ICO, we do NOT sell our shares, we WILL GIVEAWAY some shares for FREE when the time is right, we WILL SHARE nice tips for FREE and much more things. 

Now, perturbated, explain me how the fuck will be the scam done?¿?


Go to your fucking cave troll, this is made to help people in my best intentions. If you need to shit, go to your fucking bathroom instead of distributing it here, it's starting to smell...

Correct 

Hey man, share airdrop is just an idea for now. Still lots of questions to solve and things could change a lot in some months from now.

About the investment process, it will work as any other mutual fund: you invest in the fund by buying shares of it at it's current NAV per share price, and if the fund performance is +120% your shares will be worth +120% minus the comission. There are still lots of questions too related to that, we don't know if ICONOMI will allow to create close-ended and open-ended funds, we still don't even know if ICONOMI will be the plattform used. Things change a lot in this world  

For now, just pay attention to the funds, the movements and the texts, I strongly believe that it's worth the read!

ABOUT SHARE AIRDROP

Don't get me wrong, there will be a share airdrop ONLY to truly implicated people in the project, as well as future fund managers that enter in the Blue Magic brand.

We don't have any need to issue an ICO nor dilute our shares for free, but we are open to share profits for those who deserve it.