[BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC

[T-Y-R]

I think these were around 0.28 just before the last report came out and on that report AM's were 3.15, so we can we expect to see around 0.35 to 0.36 by Sunday?  Also, will the BTCINVEST dividend include this week's as well as last week's AM dividend?
I'm a noob with not much capital so can't really afford many shares, but I'm thinking of purchasing some of those call options, or is that a bad idea?

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[stereotype]

I think these were around 0.28 just before the last report came out and on that report AM's were 3.15, so we can we expect to see around 0.35 to 0.36 by Sunday?  Also, will the BTCINVEST dividend include this week's as well as last week's AM dividend?
I'm a noob with not much capital so can't really afford many shares, but I'm thinking of purchasing some of those call options, or is that a bad idea?

You would be betting a big buyer taking out that 200@0.399, for you to see break-even/profit within the time window of the first few. Worth keeping an eye on it though.

[TsuyokuNaritai]

Also, will the BTCINVEST dividend include this week's as well as last week's AM dividend?

Yes.

[somestranger]

I think these were around 0.28 just before the last report came out and on that report AM's were 3.15, so we can we expect to see around 0.35 to 0.36 by Sunday?  Also, will the BTCINVEST dividend include this week's as well as last week's AM dividend?
I'm a noob with not much capital so can't really afford many shares, but I'm thinking of purchasing some of those call options, or is that a bad idea?

My "BTCINVEST NAV Estimator" which is based solely on ASICMINER growth (so it is probably a low-end estimate) predicts .339, but if you add growth of other stocks I would definitely say 0.35 is possible. Either way it's undervalued right now because people don't know how to calculate the value I suppose.

[somestranger]

Hmm... last report TradeFortress said he did some ASICMINER trading to make some nice profits for shareholders. I wonder if he sold his Bitfunder shares at 5 and rebought for cheaper this week. Glad I sold some and bought BTCINVEST with the proceeds.

[mandroid]

Hmm... last report TradeFortress said he did some ASICMINER trading to make some nice profits for shareholders. I wonder if he sold his Bitfunder shares at 5 and rebought for cheaper this week. Glad I sold some and bought BTCINVEST with the proceeds.

I sold some AM on the way up, at around 4.5 and bought BTCINVEST with the same idea in mind. Now I'm waiting for TradeFortress' next update like a kid on xmas...

[Evolyn]

I sold some AM on the way up, at around 4.5 and bought BTCINVEST with the same idea in mind. Now I'm waiting for TradeFortress' next update like a kid on xmas...

Same here, can't await next update. TF is doing a nice job. Just throw money to him, he throws more back

[Mytche]

Who else wants to see a Friedcat/TradeFortress ticket for president of Bitcoin?   

[joele]

I sold some AM on the way up, at around 4.5 and bought BTCINVEST with the same idea in mind. Now I'm waiting for TradeFortress' next update like a kid on xmas...

Same here, can't await next update. TF is doing a nice job. Just throw money to him, he throws more back

Likewise, selling my other shares to buy this shares.

[🏰 TradeFortress 🏰]

Revenue
DMS SELLING dividends: 1.136 BTC
ASICMINER dividends: 10.2048 BTC
NastyFans dividends: 0.15 BTC
Graet.Loan interest: 1.1 BTC
Just-Dice investment profit: 28.8 BTC
Btcquick trading: 1.12 BTC

TOTAL: 42.5108 BTC
To NAV: 10 BTC (you'll see why in a sec)
Paid as dividends: 29.2597 BTC
Dividends per share: "You will be issueing (29.25970000 / 6652) = 0.00439863 per share. Final Total: 29.25968676."

Assets
Not traded on an exchange:
203 ASICMINER (directly) - 862.75 BTC
116 NASTYFANS "seats" - 54.48 BTC
Just-Dice investment: 500 BTC

BitFunder
40 G.ASICMINER-PT shares: 164 BTC
18,115 Graet.Loan: 181.15 BTC
10,000 G.MPOE: 8.8 BTC
199 G.BBET: 0.198 BTC

Bitfunder total value: 354.148 BTC

btct.co
300 DMS.SELLING: 9.6 BTC

btct.co total value: 9.6 BTC

CoinLenders 90 day CD: 44 BTC
CoinLenders 90 day CD #2: 50 BTC
(sum does not include interest)

Total loans / lines of credit: 94 BTC

Total coins: 132.1 BTC

Total: 2007.078 BTC
Shares outstanding: 6652
NAV/share: 0.301725 BTC / share
+27% from last report (not counting dividends)
+29% from last report (including dividends)

[🏰 TradeFortress 🏰]

What are shareholder's thoughts on the Just-Dice rollback? Currently, we're down around 40 BTC from the JD investment.

Should we continue to invest in just-dice?

[ArcticWolf]

What are shareholder's thoughts on the Just-Dice rollback? Currently, we're down around 40 BTC from the JD investment.

Should we continue to invest in just-dice?

Im happy with it. I think that after this last week Dooglas will have learnt some harsh lessons, and things will be back on track. I have faith that in a few weeks we will be back in the green.

But Im just one investor, Id like to hear some more opinions on the subject

[somestranger]

Yes keep the coins in just-dice. We made 28.8 BTC on them in a couple weeks so I'm fairly confident that we'll make back the 40BTC soon enough.

[TaxReturn]

I think it can not objectively be said that just-dice has proven itself as a very sound investment at this time. It is very new to the market, it has been pretty much robbed lately and the operator has screwed up in a major way.

Given the strange pattern that led dooglus to temporarily take down the site, a suspicion that the site's system might be exploitable is not completely unwarranted. While the bank being down this much is completely in the realm of natural variance, the whale (nakowa/cici) has proven *multiple times* that he can walk away with substantial gains, and that is all we know for certain.

Furthermore dooglus really fucked up, first when he didn't deduct the 1300 btc, then even more when he rolled back much too late and effectively put the burden on all the wrong shoulders. This does not instill confidence in the site or it's operator either.

Gambling sites naturally have a huge potential for profits, but just-dice has not a good track record so far, and as an investor in btcinvest I don't feel very good about having such a large part of the assets in it. I humbly recommend at the very least reducing btcinvest's stake for the time being, when and if just-dice has really proven itself the investment can still be increased down the road.

[xaviarlol]

I think it can not objectively be said that just-dice has proven itself as a very sound investment at this time. It is very new to the market, it has been pretty much robbed lately and the operator has screwed up in a major way.

Given the strange pattern that led dooglus to temporarily take down the site, a suspicion that the site's system might be exploitable is not completely unwarranted. While the bank being down this much is completely in the realm of natural variance, the whale (nakowa/cici) has proven *multiple times* that he can walk away with substantial gains, and that is all we know for certain.

Furthermore dooglus really fucked up, first when he didn't deduct the 1300 btc, then even more when he rolled back much too late and effectively put the burden on all the wrong shoulders. This does not instill confidence in the site or it's operator either.

Gambling sites naturally have a huge potential for profits, but just-dice has not a good track record so far, and as an investor in btcinvest I don't feel very good about having such a large part of the assets in it. I humbly recommend at the very least reducing btcinvest's stake for the time being, when and if just-dice has really proven itself the investment can still be increased down the road.

There are no better investment options at the moment so I'd vote to stay in JD with the same holdings.

[HeRetiK]

I also vote for staying with JD, at least until more interesting opportunities arise.

[ahbartsch]

How much if any of BTCQuick are we/you invested in? As a customer of theirs and a shareholder of BTCInvest I think they have potential. Although there may be risks down the road, since they are the only company allowing credit cards I think there will be a growing demand for a company like them in the future. I was stupid and bought and sold 30k shares after the last IPO at a minuscule profit instead of holding and now the stock has quadrupled! I think there is even more room for growth. Thoughts?

[TaxReturn]

How much if any of BTCQuick are we/you invested in? As a customer of theirs and a shareholder of BTCInvest I think they have potential. Although there may be risks down the road, since they are the only company allowing credit cards I think there will be a growing demand for a company like them in the future. I was stupid and bought and sold 30k shares after the last IPO at a minuscule profit instead of holding and now the stock has quadrupled! I think there is even more room for growth. Thoughts?

I think it's stupidly overbought right now, a post-news pre-dividend micro bubble and according to the contract the remaining 7.5M shares can only be issued at .0002, if they decide to issue them at all.

[ahbartsch]

How much if any of BTCQuick are we/you invested in? As a customer of theirs and a shareholder of BTCInvest I think they have potential. Although there may be risks down the road, since they are the only company allowing credit cards I think there will be a growing demand for a company like them in the future. I was stupid and bought and sold 30k shares after the last IPO at a minuscule profit instead of holding and now the stock has quadrupled! I think there is even more room for growth. Thoughts?

I think it's stupidly overbought right now, a post-news pre-dividend micro bubble and according to the contract the remaining 7.5M shares can only be issued at .0002, if they decide to issue them at all.

I agree with you, however I do see it reaching its speculated value sooner than later. Just my opinion. As for the remaining shares, I doubt they will release them at that price as they expired some of their other offerings and don't follow their own release schedule. I could be wrong (hopefully).

[arch]

What are shareholder's thoughts on the Just-Dice rollback? Currently, we're down around 40 BTC from the JD investment.

Should we continue to invest in just-dice?

I wouldn't risk more in JD for now. I remember this fund was originally stated as a very low risk fund, you may want to invest accordingly to keep the risk low.