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1361  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 13, 2012, 07:00:00 PM
Hey guys! Just want to say that I have internet and everythings  working fine.
Regarding the Investor number, send me a pm or email Smiley
I will fix the authenticator backup once I get home, as I don't have the equipment to do it here. I will make sure we have a good and working backup that's safe and encrypted.

I also want to add that I won't be updating the log book daily as it's simply to much work doing it from this laptop. But I will keep the order books and investments up to date so don't worry it shouldn't effect the profit of the fund.

//DeaDTerra
1362  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 12, 2012, 01:31:42 PM
Okay guys, I am heading off now. I have my 4G router with my and my smartphone xD So hopefully, I should have some internet. If you want to get in contact with me please email me at terragubben@gmail.com, this is where you will reach me the easiest. If I do not answer then contact Anthony and he will do his best to help you.
//DeaDTerra
1363  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 12, 2012, 07:33:35 AM
Hey guys Smiley
My Samsung Galaxy S III arrived today, I have already setup our MtGox,my Gmail and GLBSE account to have a two way factor authentication with my smartphone. This sound greatly increase the security on these account, I have also talked to CxC about if they can add Google authenticator support.
A good first steep in increasing the security of Gamma Bitcoin Fund.
//DeaDTerra

Don't forget to backup the authentication keys to multiple different locations. (Encrypted ofcourse Wink)
How do I do that?
Do I just manually write down the whole key or is there a automatic backup built in?
//DeaDTerra
1364  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 11, 2012, 08:58:58 PM
Hey guys Smiley My Samsung Galaxy S III arrived today

Congratulations!  Grin    (a new toy is always a fun thing to take on vacation)

Enjoy yourself, get refreshed, then come back home and MAKE US SOME MORE MONEY !!!1ONE



haha, yes sir!
more money Asap Cheesy
//DeaDTerra
1365  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 11, 2012, 08:44:01 PM
Hey guys Smiley
My Samsung Galaxy S III arrived today, I have already setup our MtGox,my Gmail and GLBSE account to have a two way factor authentication with my smartphone. This sound greatly increase the security on these account, I have also talked to CxC about if they can add Google authenticator support.
A good first steep in increasing the security of Gamma Bitcoin Fund.
//DeaDTerra
1366  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 11, 2012, 11:50:46 AM
One of our bigger investor has chosen to withdraw from GBF, as he has other ventures he needs capital for. Hence I am going to open up the deposits for 2000 BTC, to make up for this whole in our capital. Hence Deposits are open again for a short while, if you want to deposit them pm or email me Smiley
//DeaDTerra
1367  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 10, 2012, 06:08:55 PM
I just wanted to announce that I am going to holiday from 12th to 15th of July, I should have internet access, and it should not effect the profit of the fund. But if something happens you know why I might be contactable for a time, I recommend email during this time as I won't be using IRC or Skype. If I for some reason don't have internet access please direct all your questions to Anthony and he will do his best to help you out until I am back Smiley
I also want to announce that I am going to release a short update of the direction of the fund and it's investments tomorrow, kind of a new investment plan to deal with the GLBSE recession.
//DeaDTerra
1368  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 10, 2012, 09:26:18 AM


Good to see DDT gets support!

Are you doing it for free? ;-)
He does have a stake and he profits if the fund goes well, I think such deals motivated and make people work better Smiley
The exact details of the contracts I will keep for myself.
//DeaDTerra
1369  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 09, 2012, 08:25:47 PM
I still don't understand how this is a hedge.

No matter how you look at it, CPA is BS&T-exposed by the fact it is insuring it. And heavily so. The insurance only acts after the fact, which means it won't help against the default. Well, nothing will, but that's just my opinion. This is less of a hedge than just keeping plain BTC.
As I said it's not a direct hedge, but as CPA insuring Pirate they are heavily Pirate exposed and by buying insured Bonds, I can have the pirate interest rate without further pirate exposure. I also got a good deal on the bonds Smiley
//DeaDTerra
1370  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 09, 2012, 05:07:43 PM
Thanks for the update DeaDTerra! I think all of your choices are sound. I am really worried about your conclusion on Pirate however as I have deposits with a couple of Pirate passthroughs. I believe there are some very well respected forum members such as Patrick who are keeping large deposits with him but who knows how many are jumping ship. I've got a touch choice to make - greed or fear  Grin
I would personally keep 20-30% of my funds in Pirate, but as we are a low/mid risk fund and we are making a good % without such risk, I chose to liquidate all the pirate assets. I am not saying, pirate is or isn't a ponzi as such is irrelevant but there are clear sign on that Pirates business is slowing down and is no longer as profitable, hence I feel there's a certain risk on default. If you take this risk is up to each and everyone of you and is not something I am going to say, do this or that, it's up to each person and depends on your goals and preferences.
//DeaDTerra
1371  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 09, 2012, 05:05:33 PM
I might have been overaggressive on this fund because of BS&T exposure. Reading the portfolio, maybe I should have discriminated more between what looks like accidental exposure instead of intentional collaboration. Just to make it clear: no accusations were intended, just criticism of BS&T.


We now have 0% uninsured pirate exposure, I have sold off all uninsured bonds and purchased YARR bonds which are fully insured by CPA Smiley I have also used these to hedge my current involvement and investment with CPA, to reduce our risks. I am also planning to increase our insured pirate bond with INAU to 1000 BTC instead of the current 500.

I don't understand. You are involved from both the insuring and the playing side? If CPA defaults along with BS&T, you're getting a double-hit, how is this reducing risk?

Read my sig, I am personally involved. This is just a logic question.
The reason why I say that it reduces the risk is due to that CPA is offering YARR, which is a insured pirate asset. If Pirate were to default then Yarr would get paid back 100%. By buying Yarr I will ensure that is Pirate fails and CPA falls with it that I get some of my investments back. By insuring Pirate, I can reduce the risk of Pirate falling as I will not be as effected if Pirate defaults. It's not a 1:1 hedging, I will lose more if Pirate defaults then if he doesn't but essentially it reduces the risks slightly. Esentially, I believe that the profit CPA can make is worth the risk of a pirate default, by also buying Yarr I am securing that if pirate falls I will not lose 100% of my investment with CPA, as well as helping and encouraging CPA Smiley
//DeaDTerra
1372  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 09, 2012, 04:13:27 PM

Hey guys, time for the weekly report!
This week we went -3.207%, this is due to that I had to start purging the portfolio earlier then I had planned, due to the new plans Pirate released, as I believe that Pirate is a higher risk investment now then it was a couple of weeks ago. The changes made suggest either the end of a Ponzi  scheme or the end of a high profit company. Either way, after an in-depth analysis of the situation I decided to liquidate all our uninsured Pirate investments. While I was at it, I also started liquidating our non-upgrading ASICs mining bonds (all except Gigamining). Both of these investments might on short term be profitable but both of them will reduce in profitability as time goes on. Hence I decided to instead invest in Mining operations which upgrade their mining power with time and with GigaMining which allows us to upgrade our bond to more mining power while minimizing unnecessary exposure in an otherwise highly speculative market.

While we have liquidated most of out mining bonds, we still have some left that I am slowly selling off to make sure I don't cause a dip in the market. We are now instead investing in loans, bot trading and other GLBSE ventures. As part of the purging or our portfolio, I am trying to move capital from GLBSE to other investments to increase our the diversification of our investments and to reduce risks. As such, we have invested in the following lenders/bonds/CDs: chungenhung, VESCUDERO, ciuciu, and also made deposits with ZiggiStar, nckrazze as well as  Leandro César's Brazilian Bitcoin Investment Group (a few quick forum searches away Smiley
This should ensure guaranteed and risk free interest. As GLBSE is in a "recession" after the massive bubble crash a couple of weeks ago I think it's safer to keep some of our BTC outside of GLBSE in safer and guaranteed investments.

GigaMining released their info for the new ASICs upgrade of the bond. https://bitcointalk.org/index.php?topic=92090.0 for more info about the upgrade. It seems like GigaMining is now the only ensured safe mining bond, that will withstand the ASICs upgrade, hence the price is shooting up. It has already increased by 25%, I managed to buy 200 shares before the price increase so we now have about 750 GigaMining shares Smiley I will be upgrading them with the paid version to get 4x25 Mhash for each of the bonds, if the upgrade is as great as it sounds it should improve our Mhash count significantly.

We now have 0% uninsured pirate exposure, I have sold off all uninsured bonds and purchased YARR bonds which are fully insured by CPA Smiley I have also used these to hedge my current involvement and investment with CPA, to reduce our risks. I am also planning to increase our insured pirate bond with INAU to 1000 BTC instead of the current 500.

Some side notes, first of all I want to introduce you all to my new assistant, My friend Anthony. He will be helping me out with things like spreadsheets, accounting, announcements and such. So that I can focus more on the investments instead of the things around it Smiley. He will also be the one to contact if I am going out of town or if I am otherwise unable to be contacted. His name on the forum is Vokain, if there's anything with the spreadsheet,weekly reports or such. Then send off a message to him Cheesy

I also want to clarify a thing, on the 6th and 7th (of July) the spreadsheet was manipulated and showed the wrong numbers due to a error made by me this was corrected on the 8th hence the weird pattern in the log book, hope this clarifies that matter. This is now fixed and it should not have had any influence on the profit since it was in the same week.
//DeaDTerra
1373  Economy / Securities / Re: [GLBSE] REBATE official thread on: July 09, 2012, 12:13:47 PM
Im keeping my shares.

I like that you are actively fixing things and not palming your customers off  Smiley
I am doing my best to take the feedback we get and make the site better Smiley
Once all the bugs are gone we can launch it for real.
Sorry for the massive delay on this project, wasn't the intention from the start so I understand the frustration of some of the share holder.
//DeaDTerra
1374  Economy / Securities / Re: [GLBSE] REBATE official thread on: July 09, 2012, 12:05:00 PM
All the bugs should be fix again, we are going to wait 24 hours, if there's no more bugs found then we will take it out of Beta and start advertising it as well as ramping up the winnings slightly Smiley
//DeaDTerra
1375  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 08, 2012, 09:06:23 PM
Hey guys, I am going through some private stuff at this moment, so I am not in shape to write the weekly report, so I will delay it until tomorrow, same with the profit pay out. Really sorry guys.
I will fix it asap tomorrow morning, thank you for your patience.
//DeaDTerra

Hope everything goes well; be there for your family and friends.
It's nothing too serious, I just feel like it's better to fix the stuff tomorrow so there's no error and it's done to 100% Smiley
//DeaDTerra
1376  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 08, 2012, 08:11:22 PM
 Hey guys, I am going through some private stuff at this moment, so I am not in shape to write the weekly report, so I will delay it until tomorrow, same with the profit pay out. Really sorry guys.
I will fix it asap tomorrow morning, thank you for your patience.
//DeaDTerra
1377  Economy / Securities / Re: [GLBSE] REBATE official thread on: July 08, 2012, 04:15:23 PM
We are now fully functional, up and running again Cheesy
//DeaDTerra
1378  Economy / Services / Re: Gigamining / Teramining on: July 08, 2012, 03:54:55 PM
Does it have to be a exact number?
I might want to pick up some more shares later on Wink.
So should I just take the amount I am currently holding?
//DeaDTerra
1379  Economy / Securities / Re: [GLBSE] ASIC.COOP ASIC MINERS COOPERATIVE 1 BTC PER ~190MH/s NOW LIVE! on: July 06, 2012, 03:26:56 PM
I'm sorry to say that it's very unlikely that I'll be able to make it for another 60 BTC until next Wednesday.  Sad

Anyone with a cheap loan?
I could loan you some Bitcoins Smiley
Pm me with details
//DeaDTerra
1380  Economy / Securities / Re: [Investment fund] Gamma Bitcoin Fund on: July 06, 2012, 02:17:30 PM
I can make an exception to the rule, PM with the info and we will work something out. The shut down of deposits is not a absolute thing, it's more for me to direct my attention to upgrading and improving for a couple of weeks rather then paperwork, but as I said it's not set in stone.
//DeaDTerra
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