BTC-GOLD shutting down.Due to the exchange closing, BTC-GOLD will also close down operations.
If you have 500 or more shares, you may request delivery of your gold by sending a PM or an email. The 15 share handling fee will be waived, but you will still be responsible for all shipping fees (including insurance), and any taxes/customs/import fees imposed by your country. Waiving the handling fee is a special offer not in the asset contract.
If you have 499 shares or less, or don't want to take delivery of gold, then your shares will be liquidated at spot prices. This follows the asset contract.
Please make sure to set a Public Withdraw address in your exchange account. This is vitally important. DexX7 (who manages Ciphermine-PT) has a great "how-to" post here:
https://bitcointalk.org/index.php?topic=283947.msg3233637#msg3233637FAQsWill I still be able to trade?Yes, you will still be able to trade. If you want to sell your shares now, your are free to do so. You have until Oct 7 (when the exchange will stop market trading).
If I just wait to for my shares to be paid, how much will I get?I don't know. The gold spot prices go up or down just like any other asset. It depends on when they are sold.
When will the "left over" shares be sold? When will I get paid?I plan to have everything sold by the end of October. Until then, the asset will remain trading for as long as possible until the exchange halts trading.
Thank you for putting your trust in me. I had fun managing this asset.
-Carnth
P.S. If you have any questions, please ask!
