After performing the calculations and hearing several suggestions, I made this plan for payment of all Bitcoinrain funds.
I am aware that will not please everyone, but it's the possible plan to get back all the funds invested.
The plan is made in several steps:
- The site will re-air on April 2 to checking of values by customers. It will leave the air on day 3 for conversion to dollar amounts using the average price (day 26-30) of $ 82.50, and returns on day 4.
- All withdrawals will be retained until the 1st of July 2013.
- From July 1 to October 1, 2013 withdrawals will be released gradually.
- Day 1 October 2013 onwards the values are fully released for complete withdrawal.
I still can not tell if the site will continue after that date.
These dates are the pessimistic scenario, and I hope to fulfill the plan in shorter periods.
In this period, the yield will be 2-3% per month. This is a fraction of what they used to pay, but that's what I can afford at this time.
The figures are converted into dollars because as the volatility of bitcoin is very high, you can not do any long-term plan safely without a fixed reference and the bitcoin reserves below the required.
Withdrawals, when possible, will be made in USD MtGox (Redeem code), Bitcoins or Liberty Reserve USD, according to what the customer prefers.
The investment group has more than one year of history and for the first time will need the help of its users.
I consider all users as friends. I have friends even before the bitcoin that are clients of Rain today.
My goal is to pay to all users who placed their trust in me throughout this period. What I'm asking is just patience so I can recapitalize and make all payments.
Any questions or suggestions, use the support email of Rain:
admin@bitcoinrain.comL.
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