Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - Najska

Pages: [1]
1
General Discussion / Re: Skurl Private Investment Fund (asset administrator wanted)
« on: October 31, 2015, 02:12:41 pm »
What a lack of interest!

We thought it might be better to open the fund on the bitcoin blockchain instead. The interested may check the post at https://bitcointalk.org/index.php?topic=1232385.0

2
General Discussion / Re: Skurl Private Investment Fund (asset administrator wanted)
« on: October 23, 2015, 07:17:00 pm »
Quote from: fav on October 23, 2015, 06:58:10 pm
someone wants to use our chain and first thing is scam accusations...

it doesn't matter what kind of business comes to us with help, they can do whatever on the chain.

sorry for going off topic here @OP - hope you find someone to help you

here's a guide: http://docs.bitshares.eu/user/Assets.html

Thanks for the comment. I did not get offended by what Akado said, though. I took it as a constructive criticism.

The link you gave doesn't seem to work. I'd appreciate it if you can fix it.

3
General Discussion / Re: Skurl Private Investment Fund (asset administrator wanted)
« on: October 23, 2015, 07:10:44 pm »
Quote from: Akado on October 23, 2015, 06:17:34 pm
"we" who? no links, no info, no contacts, n2 posts... You should know by now you either share more stuff or people will think this has scam written all over its face.

Thanks for the comment. Reliability is an issue, for sure, and I am, too, aware that the OP smells scam without a proper identification of the "we". However, I would pretty much be glad if someone can bring up a clear and attainable scheme for building the needed trust. I don't think sharing posts would help. Scan of my ID? Well, I can expose my ID to a trusted Bitsharer who is interested in the project, but I don't think that disclosing my passport will do any help. A good scammer could easily post hundreds of posts in this forum and come up with a fake ID. If what is needed is a notarized contract, we cannot do that either. Since as with most of crypto-projects, this one is going to be "as is - no warranty".

One big reason that we would like to hire an asset administrator is to build the needed reliance as well. A trusted Bitsharer, as I said earlier, may inspect what we are really doing and be the warranter of our business. This is why it is our priority to hire a well known Bitsharer.

In what follows, you may find the Trading View account of our portfolio manager and see some of the trades:

https://www.tradingview.com/u/Toerezxer

4
General Discussion / Skurl Private Investment Fund (asset administrator wanted)
« on: October 23, 2015, 05:59:53 pm »
Dear All,

We would like to start a private investment fund based on a 2nd-generation cryptocurrency platform. We will be trading the funds coming from investors in different exchanges with different instruments, and distributing the profit on a monthly basis. Our portfolio manager is a highly skilled veteran who has already been trading for a private community. We are aiming at 10% ROI per month (in USD), so we strongly believe that this is not going to be just another crypto-fund among others.

We need an asset administrator to help us with the features of Bitshares and with the possibilities of improving investor relations within the Bitshares ecosystem. Thus, those who will apply for the position should not only be knowledgeable in the details of asset-issuing, dividend-distributing and related crypto-asset features of Bitshares but also they should be qualified in managing and promoting the crypto-asset. Previous crypto-project management and marketing experience is preferred.

We believe the need for such a project in the Bitshares ecosystem as, to my knowledge, there is lack of dividend-distributing BTS-assets. Moreover, even the highest market-cap BTS-asset (bitCNY) has the 31st rank in the asset list at Coinmarketcap at the moment. Considering the fact that there are several hedge fund style crypto-initiatives in the list (e.g. LIQUID with $200K, Nxt, 29th rank), a hedge fund in BTS would be likely to carry Bitshare's name higher.

You may PM me if you are interested in taking part in the project. Also, please do not hesitate to write here if you have any question or comment.

5
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: September 27, 2014, 07:27:40 pm »
Hi all,

My stupid question is about the alleged "market peg" idea. Here's what Bitshares Wiki article says: "It says so, right there in the name. Once people accept that, it self-perpetuates. It's announced at the beginning, '1 BitUSD = 1 USD' and everybody buys into the market based on that assumption, and all market participants have the incentive to keep it that way. . . . BitUSD is pegged to the USD because it says it is."

Source: http://wiki.bitshares.org/index.php/Market_Peg

So, basically, what regulates the value of BitUSD is the belief of the market participants and nothing else. Then, assume a bitAsset called BitMultiply, whose value doubles each day. So, if it's worth $1 today, it will be worth $2 tomorrow, and about $1K after 10 days. Not a bad way to make profit, isn't it? I am sure everybody will readily agree that such a bitAsset cannot succeed. My question is: Why? My second question is: How is this idea different than the idea of creating an asset whose value is and will always be exactly $1, namely, BitUSD?

My point is that a system like Bitshares cannot just rely on the belief of market participants. Even if all market participants buy BitMultiply with the belief that its value will multiply in time, the idea is just not feasible. So, the issuer of the bitAsset called BitUSD is likewise responsible to give an account of the feasibility of such an idea, which they did not.

I believe that the idea behind Bitshares is but what is called a confidence trick, and people will sell their BitUSD at lower and lower prices when the time comes.

I know my language is a bit aggressive, but my only hope is to get educated.

Pages: [1]

Page created in 0.163 seconds with 18 queries.