[Investment fund] Gamma Bitcoin Fund [Closed]

[DiabloD3]

Yeah, but when will GLBSE get driven underground because its not Tor proxied and people know who the owner is

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[DeaDTerra]

A good first day . I have started to invest and find investment opportunities for our current capital. I was not prepared for such big amounts of capital xD so this is all a bit sudden for me but I sound be able to have most of the capital invested by tomorrow. For more update on my current plan and what has been done so far check the log book.
//DeaDTerra

[DeaDTerra]

A little update on the ID verification thing, I have talked to CryptoxChange and I am going to verify me through them. They will keep my real ID information private but if something happens (I run away with the money etc) then that information will be released to the public. Do you guys want Nefario to verify my ID as well or is it enough with one verification source?
If you are a potential investor/current investor, please voice your opinion in this matter, as it's my job as fund manager to make you feel safe and welcomed
//DeaDTerra

[DeaDTerra]

I am very sorry for the delay in the update of the log book and asset holdings ,it was my birthday yesterday so I decided to take the day off. I have now updated the whole order book on GLBSE,looked over the bots and positions/orders on the exchanges. The delay should not effect the profit, as it looks now we will end this week very strong with higher then average percentage, due to some very nice purchases of shares yesterday. For more info check the log book, I am working my way through and will soon start to payout the profits
//DeaDTerra

[DiabloD3]

So, guess what I finally decided to do? I'm going to IPO my own mining company on GLBSE, ticker DMC.

I'm seeking 1 million BTC to make this the largest mining company ever. Some people think I'm insane, and, who knows, I might be. But its worth a try, right?

[DeaDTerra]

So, guess what I finally decided to do? I'm going to IPO my own mining company on GLBSE, ticker DMC.

I'm seeking 1 million BTC to make this the largest mining company ever. Some people think I'm insane, and, who knows, I might be. But its worth a try, right?

Ehm, I will have a look but from my point of view it's doomed to fail. Do you even have the facilities,experience and drive to run such a project? And I doubt that you will be able to fill a 1 million BTC IPO :8
sorry m8 it just sounds very silly.
//DeaDTerra

[DiabloD3]

So, guess what I finally decided to do? I'm going to IPO my own mining company on GLBSE, ticker DMC.

I'm seeking 1 million BTC to make this the largest mining company ever. Some people think I'm insane, and, who knows, I might be. But its worth a try, right?

Ehm, I will have a look but from my point of view it's doomed to fail. Do you even have the facilities,experience and drive to run such a project? And I doubt that you will be able to fill a 1 million BTC IPO :8
sorry m8 it just sounds very silly.
//DeaDTerra

1 million BTC is over $5 million dollars at current market prices. $5 million dollars is enough to, say, build out a small scale DC, install a small amount of solar* to deal with the possible future where even the most efficient FPGAs are too expensive to run.

* The cost of solar is not the panels, but the batteries. If I consume all the solar power the panels produce, I don't actually NEED the batteries.

Already have a thread for it here: https://bitcointalk.org/index.php?topic=77469.0

[DeaDTerra]

So, guess what I finally decided to do? I'm going to IPO my own mining company on GLBSE, ticker DMC.

I'm seeking 1 million BTC to make this the largest mining company ever. Some people think I'm insane, and, who knows, I might be. But its worth a try, right?

Ehm, I will have a look but from my point of view it's doomed to fail. Do you even have the facilities,experience and drive to run such a project? And I doubt that you will be able to fill a 1 million BTC IPO :8
sorry m8 it just sounds very silly.
//DeaDTerra

1 million BTC is over $5 million dollars at current market prices. $5 million dollars is enough to, say, build out a small scale DC, install a small amount of solar* to deal with the possible future where even the most efficient FPGAs are too expensive to run.

* The cost of solar is not the panels, but the batteries. If I consume all the solar power the panels produce, I don't actually NEED the batteries.

Already have a thread for it here: https://bitcointalk.org/index.php?topic=77469.0

I am not here to criticizes you but I recommend you take a good think about this and if you can handle such a big company. I would recommend to start smaller to begin with You can always expand later
//DeaDTerra

[Sukrim]

1 million BTC is over $5 million dollars at current market prices.

Get $5 million then... if you spend 1 million BTC on mining equipment, I don't really see a way to get this 1 million BTC back with mining. You will make earnings in USD, but not in BTC imho, so investing BTC in a company that uses BTC to buy equipment in USD to generate BTC would only be a good idea if the price of BTC vs. USD is falling. Otherwise it would make more sense to sell your shares OTC for 5 USD each and value them at 1 BTC after the IPO sold out.

[DiabloD3]

1 million BTC is over $5 million dollars at current market prices.

Get $5 million then... if you spend 1 million BTC on mining equipment, I don't really see a way to get this 1 million BTC back with mining. You will make earnings in USD, but not in BTC imho, so investing BTC in a company that uses BTC to buy equipment in USD to generate BTC would only be a good idea if the price of BTC vs. USD is falling. Otherwise it would make more sense to sell your shares OTC for 5 USD each and value them at 1 BTC after the IPO sold out.

Read the contract. The shares entitles dividends of half of what the pool produces, not a fixed amount.

Lets say, oh, 10 years from now, 12 or 16nm FPGAs are too expensive to hash with, I can still be running 28nm or higher processes purely on solar and be mining, effectively, for free, and not only that, I'd probably be mining most of the Bitcoins.

This is a very long term investment project, and I think this is going to be the only way to keep profiting a decade from now.

[DeaDTerra]

The profits for this week will be payed out tonight for the people that have chosen to have their profits payed out and reinvested for the people that have chosen reinvesting The current profits looks to land about 2.5% profit for this week which is slightly higher then average, I am very happy about this as I thought it would be lower due to the time it took the get the BTC into the different investments, but apparently the patients has payed off.

I am now taking in more investments, this week I will be accepting 500 more BTC out of 60 has already been booked, if you want to invest some BTC please contact me with a Alias and a payout address
//DeaDTerra

[DeaDTerra]

The profits have been calculated and sent out, the profit for this week ended on 1.91475% in profit. The availability has been updated to 415 BTC for next week
//DeaDTerra

[DeaDTerra]

Availability has been updated Invest while you can!
//DeaDTerra

[guruvan]

OK, so I'll take a little risk on this one, see how it goes. 20BTC on the way after PM w/ DeaDTerra on irc.

I have sent a payout address, and will look forward to the returns

[DeaDTerra]

OK, so I'll take a little risk on this one, see how it goes. 20BTC on the way after PM w/ DeaDTerra on irc.

I have sent a payout address, and will look forward to the returns

Confirmed, thank you for the investment
//DeaDTerra

[DeaDTerra]

Availability updated again
//DeaDTerra

[DeaDTerra]

Availability has been updated to 315 BTC.
I also have a announcement, I am going to be starting another project which I will be working on the side of the fund. It's a GLBSE listed asset that I will setup and manage for a friend's company, as the company is not yet announce I can't spoil anything, but it will have to do with exchange services. It will be one of the few non mining operations listed on GLBSE and I am very happy to have the honor to be managing the asset As the number look right now this is going to be one hell of a profitable asset, so make sure to follow me for more news as we approach the official launch

Best Regards
//DeaDTerra

[DeaDTerra]

I have shutdown all the new investments for this week, if you want to invest please contact me and I will save you a spot for next week
The availability for next week will be another 500 BTC. I also want to point out that nothing is set in stone, if you have a concern and you want to talk about it it's possible to setup a special contract/setup for you needs.

//DeaDterra

[DeaDTerra]

Sorry for the delay of the update in the log book, miss managed time so it was a bit delayed It's up now and the small delay should not have effected the profit. We have started the week really strong, with some very good trades We are currently up 1.8% after only 2 days of investment
//DeaDTerra

[DeaDTerra]

I am starting to take in new investments tomorrow , but you can already book a investment slot today!
Current availability is 300 BTC as 400 BTC has already been booked for next week
//DeaDTerra