[Investment fund] Gamma Bitcoin Fund [Closed]

[DeaDTerra]

Another week has passed. This weeks profit ended at -0.5%.
This is mostly due to the losses taken by the share price drop in both pirate bonds,Gigamining,CPA and NYAN. We managed to cut our losses on our pirate exposure as I managed to sell all our exposure (except 100 BTC) for 25% of face value. GigaMining has dropped from 1.05 to 0.84 mostly due to the difficulty increase but also due to that people noticed that right now BitBond had a better mhash price as well as they offer a better ASIC upgrade. CPA and NYAN.C took a NAV hit due to the pirate default (which is now almost 100% certain), I have talked to Usagi and he's confident that both assets will be able to move on from pirate successfully and that they will soon be back on two feet again.

On the positive side we see, a increase in the ASICMINER price up from 0.095 to 0.115 BTC, after a sucessful IPO and a sucessful sell off, The project is now in the finishing step of development as they are "printing" the design and will soon be moving over to start testing/production. ASICMINER has a lot of potential as they are one of the only competitors to BFLS, and as they are located in China they will be able to compete in prices and quantities.

On future projects, We are currently working on improving and optimizing the arbitrage bot. Which has proven very profitable now in the unstable market, making up to a couple of percent a week on the good weeks We are going to keep adding exchanges and as well work to a more automatic transfer system to enable a more smooth and efficient trading. I am also exploring the possibility of manual/automatic arbitrage between icbit.se and MTgox, We will see how it goes but right now it seems like it has a lot of potential as the volume is growing rapidly!

As per usual if you have any questions or concerns please do ask
//DeaDTerra

[strello]

Hi DT.

Any updates on when you will start the new investment system?

[DeaDTerra]

Hi DT.

Any updates on when you will start the new investment system?

Hello
I am still working on it, I have had tons to do and I have been very busy and now I am sick...
But it's a working progress,I will probably sit down in a day or two to implement it once I feel better
The plan is at least to switch this weekend.
//DeaDTerra

[DeaDTerra]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

[unclescrooge]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

[DeaDTerra]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

[keystroke]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

Lots of us quiet ones are sticking with you DT. A pox on the house of those who make threats You are a cool guy and do not deserve such treatment.

[DeaDTerra]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

Lots of us quiet ones are sticking with you DT. A pox on the house of those who make threats You are a cool guy and do not deserve such treatment.

I know
Most of you guys are nice and cool, i just have to make a statment because now that I have given up my anonymity I can't have these kind of people coming after me, it won't work.
//DeaDTerra

[keystroke]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

Lots of us quiet ones are sticking with you DT. A pox on the house of those who make threats You are a cool guy and do not deserve such treatment.

I know
Most of you guys are nice and cool, i just have to make a statment because now that I have given up my anonymity I can't have these kind of people coming after me, it won't work.
//DeaDTerra

Yea I understand, anonymity is important for such reasons. But that person is just embarrassing themselves. If necessary I authorize the use of funds to move you to a secure facility guarded by a team of special ops commandos We will get you the DT Secret Service.

[burger]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

Lots of us quiet ones are sticking with you DT. A pox on the house of those who make threats You are a cool guy and do not deserve such treatment.

I know
Most of you guys are nice and cool, i just have to make a statment because now that I have given up my anonymity I can't have these kind of people coming after me, it won't work.
//DeaDTerra

Yea I understand, anonymity is important for such reasons. But that person is just embarrassing themselves. If necessary I authorize the use of funds to move you to a secure facility guarded by a team of special ops commandos We will get you the DT Secret Service.

Sounds nice =) I'm with DeaDTerra, you are a nice and trustworthy guy!

[DeaDTerra]

All the deposits has been added and the withdraws has been sent out.

I just got a very angry email threatening to drive to my home and take his/her money from me if I didn't send them. I don't take lightly to threats, and I sure as help don't every want anything to do with the person once I found out who it was. Threats are not okay on any level, This is why I didn't want to give out my ID, I have been nice to you guys, I have been fair and I have been honest. I have always done my best and I hoped that you trusted me, things have been hard but we have gotten out easier them most people look at HK, look at IMSAguy, the reason why we are not in the shitter is because I told you the whole story and we could avoid further liquidity squeeze, if you don't agree with my decisions THEN FACE ME, I am here, I am always here. I am open for disscusion please do question my decisions, do question my logic and morals, but never ever try to threaten me again.

There will be no weekly report tonight, I am no longer in the mood for it... some of the details is already in the log book, more details will be given tomorrow in the weekly report.
//DeaDTerra

Good luck DeadTerra. We know you're doing your best, the time are harsh right now but eventually it'll get better

Thanks, I think we will see a major improvement after the 1200 BTC will be moved into safer investment
//DeaDTerra

Lots of us quiet ones are sticking with you DT. A pox on the house of those who make threats You are a cool guy and do not deserve such treatment.

I know
Most of you guys are nice and cool, i just have to make a statment because now that I have given up my anonymity I can't have these kind of people coming after me, it won't work.
//DeaDTerra

Yea I understand, anonymity is important for such reasons. But that person is just embarrassing themselves. If necessary I authorize the use of funds to move you to a secure facility guarded by a team of special ops commandos We will get you the DT Secret Service.

Sounds nice =) I'm with DeaDTerra, you are a nice and trustworthy guy!

Hahah thanks guys
Though I am starting to think it's more likely it's a angry GIPPT investor then a GBF investor, hmm.
//DeaDTerra

[jimbobway]

I have lost 20% since I have invested with the Gamma fund.  Started with 200 BTC now at 160 BTC.  When will the bleeding stop?

[DeaDTerra]

I have lost 20% since I have invested with the Gamma fund.  Started with 200 BTC now at 160 BTC.  When will the bleeding stop?

Well our portfolio in it self is a pretty good one, but there's a recession hitting the lending and GLBSE market due to a liquidity squeeze as well as some very irresponsable investments from some of the depositors, which has caused a lot of panic and chaos. Which leads to that GLBSE assets share prices are taking a short term hit. Hence we are moving away from GLBSE and into safer and more long term investment. This will hopefully lead to better profits.
right now I am planning to place some BTC with bitcoinrain.com and some with our bot trading.
//DeaDTerra

[jimbobway]

I have lost 20% since I have invested with the Gamma fund.  Started with 200 BTC now at 160 BTC.  When will the bleeding stop?

Well our portfolio in it self is a pretty good one, but there's a recession hitting the lending and GLBSE market due to a liquidity squeeze as well as some very irresponsable investments from some of the depositors, which has caused a lot of panic and chaos. Which leads to that GLBSE assets share prices are taking a short term hit. Hence we are moving away from GLBSE and into safer and more long term investment. This will hopefully lead to better profits.
right now I am planning to place some BTC with bitcoinrain.com and some with our bot trading.
//DeaDTerra

Ok, sounds good.  Fingers crossed.  What about ASICMINER?  Do you think they are legit and will you continue to invest with them?

[DeaDTerra]

I have lost 20% since I have invested with the Gamma fund.  Started with 200 BTC now at 160 BTC.  When will the bleeding stop?

Well our portfolio in it self is a pretty good one, but there's a recession hitting the lending and GLBSE market due to a liquidity squeeze as well as some very irresponsable investments from some of the depositors, which has caused a lot of panic and chaos. Which leads to that GLBSE assets share prices are taking a short term hit. Hence we are moving away from GLBSE and into safer and more long term investment. This will hopefully lead to better profits.
right now I am planning to place some BTC with bitcoinrain.com and some with our bot trading.
//DeaDTerra

Ok, sounds good.  Fingers crossed.  What about ASICMINER?  Do you think they are legit and will you continue to invest with them?

I think they are legit, I trust FriedCat and he seems to know what he's doing. As we are on the board I will do my best to make sure that ASICMINER becomes as successful as possible
I won't put any more BTC with them as we already are pretty heavy invested into them, but I will keep the amount we have.
//DeaDTerra

[CecilNiosaki]

Knowing how NAV works, I would expect that values in the market will return to normal in a month or two, once the fiasco has ended.

[DeaDTerra]

My Offer still stands, anyone that want to meet me in London this weekend, pm me and we can sway numbers etc.
So far I only have one meetup with a investor planned, I would love to meet the rest of you as well
I will finish of the most important things tomorrow make sure everythings up to date and such, as I will probably only have limited internet at best during the conference.

Sorry about my sloppyness with the log book, it has been a busy week.
//DeaDTerra

[matthewh3]

RSM - https://bitcointalk.org/index.php?topic=63257.0 - just needs to sell ~250 shares @BTC0.30 each to be operating at 48(MH/s)per share on delivery of our ASIC's.  I know were not issuing dividends until we receive the hardware but that's a better (MH/s)per share rate then most if not all our competitors.  Were planning on issuing 300 new shares on Monday at BTC0.30 each to take us to >51.6(MH/s)per share.  Although if we can shift another ~1400 shares at BTC0.30 we would be operating at >54(MH/s)per share or 1(GH/s)@<BTC5.55.  Just thought I'd let you know.  We've been operating over seven months now and I know Nefario personally.

[cst]

My Offer still stands, anyone that want to meet me in London this weekend, pm me and we can sway numbers etc.
So far I only have one meetup with a investor planned, I would love to meet the rest of you as well :D
I will finish of the most important things tomorrow make sure everythings up to date and such, as I will probably only have limited internet at best during the conference.

Sorry about my sloppyness with the log book, it has been a busy week.
//DeaDTerra

Just came back from London and can say that I've met Ludvig and he seemed pretty real ;)

[lenny_]

I can confirm that! I was there too and I had great speak with DeadTerra. Good luck with your fund, friend, I am definitely gonna stay with my bitcoins there