There is much excitement now in BitBillions GBBG as they are opening a fund where we can all purchase shares in BitBillions even those who are not founder members:
GBBG Bitcoin Fund
An Exclusive Bitcoin Portfolio for ALL GBBG Members
Introductory Offer Price
0.25 BTC per Share (through April 1st, 2013)
April 1, 2013
Share Purchase Fee: 2%
Share Sales Fee: 0%
Open to ALL Members (Applicant, Reserve, Founder)
Ride the Bitcoin Wave Today!
Would you like to capitalize on the rapidly growing bitcoin market but are unable to due to limited funds? Do you want to participate in the lucrative process of buying and selling bitcoins, but you don’t have the funds necessary to facilitate an exchange? Do you wish you had the money to ride the growth wave?
GBBG Introduces the Bitcoin Fund
Created with you in mind, we are incorporating the GBBG Bitcoin Fund where you can intelligently and safely pool your bitcoins with thousands of other members. Leverage yourself strategically and ride the bitcoin wave today! On April 1st, 2013, GBBG will open the trading floor to buy and sell GBBG Bitcoin Fund shares. Right now as a GBBG member you have the exclusive opportunity to snatch up shares at the introductory price of 0.25 bitcoins for each share.
- Arbitrage (Buying/Selling bitcoins)
- Capital Placements (bitcoin Startups)
- Options (Bitcoin Options)
- Revenue Participation (Revenue Share Arrangements)
- Bitcoin Value Inflation
- Trade Shares (Buy/Sell Fund Shares)
- Long-term Growth (Hold Shares for Long-term Growth)
- Reinvestment Pool (Reinvest Other GBBG Earnings)
- Anonymity (Anonymous Participation)
- Liquidity (Cash Out Quickly)
The GBBG Bitcoin Fund is a pooled collection of bitcoins contributed by all participants and deployed in mass for the goal of growth and return. The fund managers will methodically seek out opportunities through a) Arbitrage – the buying and selling of bitcoins; b) BTC Capital Placements – placing bitcoins into startups that are rooted in the bitcoin economy; c) Options – bitcoin related option markets; e) Revenue Participation – entering bitcoin revenue sharing agreements with businesses profiting through the bitcoin economy. The fund seeks to invest solely in the form of bitcoins and produce returns solely in the form of bitcoins.
This is NOT a financial instrument, banking instrument, or security. The GBBG Bitcoin Fund is entirely based in the bitcoin economy and ALL trades will be performed in bitcoins. Participants will purchase shares using bitcoins and receive bitcoins when selling shares. The fund will strategically place bitcoins into carefully selected opportunities that are designed to produce positive results.
The value of fund shares may rise or fall, depending upon several factors which include, but are not limited to a) the bitcoin market; b) the success or failure of opportunities taken; b) the success or failure of bitcoin startups; c) the success or failure of bitcoin revenue sharing ventures; d) the success or failure of Bitcoin as a digital currency.
The fund managers will make every reasonable attempt to place bitcoins into solid, dependable opportunities that have been thoroughly investigated, vetted, and assessed. The primary philosophy will center around arbitrage and revenue share potentials and risk analysis.
Participants may purchase or sell shares in the fund freely with the only restriction being a fixed daily trade settlement time. Therefore, all fund share trades (buy or sell) will be conducted at 8:10 AM (EDT) for all requests received during the 24 hours prior to 8:00 AM (EDT). The share price for all trades will be calculated based on the closing net asset value per share as reflected at 7:59:59 AM (EDT) on the same day when said trades settle. There will be an additional 2% purchase fee when buying shares.
Purchase Shares Example
If you send bitcoins to buy shares at 4:00 PM (EDT) on Monday, we will actually purchase the shares for you at 8:10 AM (EDT) on Tuesday, and the price will be the closing net asset value per share as reflected at 7:59:59 AM (EDT) on Tuesday, plus 2%.
Selling Shares Example
If you send a request to sell shares at 10:00 AM (EDT) on Monday, we will actually sell the shares for you at 8:10 AM (EDT) on Tuesday, and the price will be the closing net asset value per share as reflected at 7:59:59 AM (EDT) on Tuesday.
Get In Ahead of the Wave
GBBG Members may pre-purchase shares at the introductory offer price of 0.25 BTC (bitcoins) through April 1st, 2013. If you would like to participate in the fund, send a request to firstname.lastname@example.org with your GBBG Member ID number in the subject line and ‘fund participation request‘ in the body of the email. Further instructions await you.
NOTE: This fund is open to members of any status (Applicant, Reserve, Founder).