Am I missing something? Of course everyone wants a payout, there is no "if", the fund is closed. Just send it out, shouldn't require any action from your investors.
This is just an extra measure to make sure we don't send it to a btc address that someone doesn't want to use anymore. If you want it to the address on record just let me know. 
Topic: [BITFUNDER] ADDICTION.TRADING DISCOVERY! (Read 36320 times)
If you want your share payed out, please send me a signed message with the btc address I have on record (http://pastebin.com/e7zEjsvg).
Am I missing something? Of course everyone wants a payout, there is no "if", the fund is closed. Just send it out, shouldn't require any action from your investors.
Wow, no reply here... At least someone, who closed shop the right way and did periodic reports on what's going on. Thank you!
Hi all,
First of, my apologies for not writing earlier.. I had a few busy months and I had less time to maintain the fund. The fund wasn't investing in much anyway, It had a long position in Ether, DAO, Litecoin and about half of the fund was just BTC. I couldn't have chosen a worse time to take a break from looking at everything every day..
Late May Litecoin took a dive from 0.009 to 0.006 from which it still has to recover.
ETH went up from .020 to 0.034 only to drop to <0.013 when the DAO heist occured. When the dust settled and the hard fork occurred we got all the funds out of ETH/DAO/Classic. Looking back we could or should have waited a little longer but at the time it looked like the best move. I probably should have ended it then, but I really couldn't find the time to write a final report for Discovery (and I wasn't ready to stop it yet, I still really don't want to).
Then to make matters worse; Bitfinex was hacked. As of yet there simply isn't any exchange to trust (has there ever been one?).
All in all, I decided it's time to close up shop and end Discovery. I briefly considered using bitshares or something else, but frankly I'm really done with it. I'm sorry if I have disappointed you guys, I really wished for a different ending. All the funds are now (safely) in an offline wallet. The end results are as follows:
NAV Start 0,003002788
NAV End 0,000369389
Outstanding shares 11800
NAV current/share 0,000196389
Including in the NAV calculation is the amount still owed by Weexchange (which is little over 5 btc).
If you want your share payed out, please send me a signed message with the btc address I have on record (https://pastebin.com/VYQCka4z updated 11/12/18). If you want your payout to a different address please mention that in your signed message (the message still needs to be signed with the address on record of course). If you can't sign, contact me to work something out.
Thanks all for your trust, it was a fun ride!
Tyrion70
First of, my apologies for not writing earlier.. I had a few busy months and I had less time to maintain the fund. The fund wasn't investing in much anyway, It had a long position in Ether, DAO, Litecoin and about half of the fund was just BTC. I couldn't have chosen a worse time to take a break from looking at everything every day..
Late May Litecoin took a dive from 0.009 to 0.006 from which it still has to recover.
ETH went up from .020 to 0.034 only to drop to <0.013 when the DAO heist occured. When the dust settled and the hard fork occurred we got all the funds out of ETH/DAO/Classic. Looking back we could or should have waited a little longer but at the time it looked like the best move. I probably should have ended it then, but I really couldn't find the time to write a final report for Discovery (and I wasn't ready to stop it yet, I still really don't want to).
Then to make matters worse; Bitfinex was hacked. As of yet there simply isn't any exchange to trust (has there ever been one?).
All in all, I decided it's time to close up shop and end Discovery. I briefly considered using bitshares or something else, but frankly I'm really done with it. I'm sorry if I have disappointed you guys, I really wished for a different ending. All the funds are now (safely) in an offline wallet. The end results are as follows:
NAV Start 0,003002788
NAV End 0,000369389
Outstanding shares 11800
NAV current/share 0,000196389
Including in the NAV calculation is the amount still owed by Weexchange (which is little over 5 btc).
If you want your share payed out, please send me a signed message with the btc address I have on record (https://pastebin.com/VYQCka4z updated 11/12/18). If you want your payout to a different address please mention that in your signed message (the message still needs to be signed with the address on record of course). If you can't sign, contact me to work something out.
Thanks all for your trust, it was a fun ride!
Tyrion70
I am very glad to meet you. I am the Communications Director for First Global Credit (parent company XBT SARL - Geneva) We provide various investment and trading programmes to derive value from bitcoin holdings. For accounts over 10 BTC we provide 2% interest (per annum.) I know this is not an exciting return, but it is one I know we can achieve. In future we will be offering a variety of investment alternatives that are hooked into the risk management model that protects the company's assets while managing our client portfolios. You can also take a position in mainstream stocks like google, cisco, goldman sachs. About 200 US and UK stocks in all. (though we can add certain others on request after checking their risk profile) Some of those are blue chip and throw off dividends so that is a possibility as well. We take a position in the stock market on your behalf and do so without the need to sell your bitcoin.
The stock, ETF and futures market trading has been available for 2 years. And as I said new opportunities are being developed.
To demonstrate our pedigree I will point out that Jon Matonis sits on our board.
Regards,
Marcie D Terman
Communications Director - First Global Credit
(my contact details are on the company website.)
The stock, ETF and futures market trading has been available for 2 years. And as I said new opportunities are being developed.
To demonstrate our pedigree I will point out that Jon Matonis sits on our board.
Regards,
Marcie D Terman
Communications Director - First Global Credit
(my contact details are on the company website.)
tyrion70,
Thank you for your persistent and consistent report. I really appreciate your contribution, not just to us, but also the community.
BTW, can I make a suggestion to you to start trading on distributed exchange such as Bitshares (e.g. one legit portal is bitshares.openledger.info)? You may also install a bitshares node yourself and do trading within your own bitshares wallet. With this, we will have virtually much less chance of being hacked (we may still be doomed if the UIA issuer e.g. openledger being hacked). With recent trend in ETH, LISK, there should be much more chance for profitable trading.
Besides, you may consider to issue your own UIA (say DISCOVERY) at Bitshares blockchain. If you need more information, I will try to provide you more information.
Anyway, thanks for your contribution so far.
Thank you for your persistent and consistent report. I really appreciate your contribution, not just to us, but also the community.
BTW, can I make a suggestion to you to start trading on distributed exchange such as Bitshares (e.g. one legit portal is bitshares.openledger.info)? You may also install a bitshares node yourself and do trading within your own bitshares wallet. With this, we will have virtually much less chance of being hacked (we may still be doomed if the UIA issuer e.g. openledger being hacked). With recent trend in ETH, LISK, there should be much more chance for profitable trading.
Besides, you may consider to issue your own UIA (say DISCOVERY) at Bitshares blockchain. If you need more information, I will try to provide you more information.
Anyway, thanks for your contribution so far.
Summary
This is the 60th report for Discovery. Next report due 22th of May.
NAV ended at 0,003002788
The numbers for this week
NAV Start 0,003013475
NAV End 0,003002788
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,003002788
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 60th report for Discovery. Next report due 22th of May.
NAV ended at 0,003002788
The numbers for this week
NAV Start 0,003013475
NAV End 0,003002788
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,003002788
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Summary
This is the 59th report for Discovery. Next report due 1th of May. My apologies for the late report. I moved to a different house over the last month and together with work that really left no other time for other stuff (plus having no internet doesn't really help
).
NAV ended at 0,003013475
The numbers for this week
NAV Start 0,00317759
NAV End 0,003013475
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,003013475
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 59th report for Discovery. Next report due 1th of May. My apologies for the late report. I moved to a different house over the last month and together with work that really left no other time for other stuff (plus having no internet doesn't really help
).NAV ended at 0,003013475
The numbers for this week
NAV Start 0,00317759
NAV End 0,003013475
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,003013475
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Summary
This is the 58th report for Discovery. Next report due 6th of March.
NAV ended at 0,00317759 (was 0,00332439), a 4.4% drop.
The numbers
The numbers for this week are:
NAV Start 0,00332439
NAV End 0,00317759
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00317759
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 58th report for Discovery. Next report due 6th of March.
NAV ended at 0,00317759 (was 0,00332439), a 4.4% drop.
The numbers
The numbers for this week are:
NAV Start 0,00332439
NAV End 0,00317759
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00317759
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Summary
This is the 57th report for Discovery. Next report due 21th of Februari.
NAV ended at 0,00332439 (was 0,00338551), a 1.8% drop.
The numbers
The numbers for this week are:
NAV Start 0,00338551
NAV End 0,00332439
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00332439
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 57th report for Discovery. Next report due 21th of Februari.
NAV ended at 0,00332439 (was 0,00338551), a 1.8% drop.
The numbers
The numbers for this week are:
NAV Start 0,00338551
NAV End 0,00332439
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00332439
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Summary
This is the 56th report for Discovery. Next report due 7th of Februari.
NAV ended at 0,00338551 (was 0,00354092), a 4.4% drop.
The numbers
The numbers for this week are:
NAV Start 0,00354092
NAV End 0,00338551
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00338551
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 56th report for Discovery. Next report due 7th of Februari.
NAV ended at 0,00338551 (was 0,00354092), a 4.4% drop.
The numbers
The numbers for this week are:
NAV Start 0,00354092
NAV End 0,00338551
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00338551
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Thanks for the update !
Summary
As promised earlier, this is the 55th report for Discovery. Next report due 24th of Januari.
NAV ended at 0,00354092 (was 0,00351932), a 0.6% rise.
The numbers
The numbers for this week are:
NAV Start 0,00351932
NAV End 0,00354092
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00354092
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
As promised earlier, this is the 55th report for Discovery. Next report due 24th of Januari.
NAV ended at 0,00354092 (was 0,00351932), a 0.6% rise.
The numbers
The numbers for this week are:
NAV Start 0,00351932
NAV End 0,00354092
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00354092
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Is this fund still active ?
And if so, is there an overview of where the BTC are invested in ? (I'm in for a few 100 shares)
Hey,And if so, is there an overview of where the BTC are invested in ? (I'm in for a few 100 shares)
It's still active! But the last few weeks have been very busy (actually your question reminded me that I need to post a new update again).
There is no public overview of whats invested where. A part of the funds should be considered "lost" forever (they were lost in the bitfunder heist). Most of the other funds divided over altcoins(btc-e, cryptsy, bter), arbitrage (bitfinex), and havelock. And of course some good old solid btc.
I'll post an updated report tonight.
Cheers
Is this fund still active ?
And if so, is there an overview of where the BTC are invested in ? (I'm in for a few 100 shares)
And if so, is there an overview of where the BTC are invested in ? (I'm in for a few 100 shares)
Summary
This is the 54th report for Discovery. Next report due 27th of December.
NAV ended at 0,00351932 (was 0,00367922), a 4.3% drop.
The numbers
The numbers for this week are:
NAV Start 0,00367922
NAV End 0,00351932
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00351932
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 54th report for Discovery. Next report due 27th of December.
NAV ended at 0,00351932 (was 0,00367922), a 4.3% drop.
The numbers
The numbers for this week are:
NAV Start 0,00367922
NAV End 0,00351932
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00351932
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Are you really expecting to hear from Jon Montroll, or any other crooks behind Bitfunder / We Exchange? Really? If so that's pretty delusional.
I understand your loss It's not that I expect to hear anything from Jon, but I'd settle to hear of jailtime or something else 
Point taken though..Summary
This is the 53th report for Discovery. Next report due 6th of December.
NAV ended at 0,00367922 (was 0,00365177), a 0.7% rise.
The numbers
The numbers for this week are:
NAV Start 0,00365177
NAV End 0,00367922
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00367922
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Are you really expecting to hear from Jon Montroll, or any other crooks behind Bitfunder / We Exchange? Really? If so that's pretty delusional.
Summary
This is the 52th report for Discovery. Next report due 22th of November.
No news from Weexchange / Bitfunder.
NAV ended at 0,00365177 (was 0,00379274), a 3,7% drop.
The numbers
The numbers for this week are:
NAV Start 0,00379274
NAV End 0,00365177
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00365177
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 52th report for Discovery. Next report due 22th of November.
No news from Weexchange / Bitfunder.
NAV ended at 0,00365177 (was 0,00379274), a 3,7% drop.
The numbers
The numbers for this week are:
NAV Start 0,00379274
NAV End 0,00365177
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00365177
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
Summary
This is the 51th report for Discovery. Next report due 1th of November.
No news from Weexchange / Bitfunder.
NAV ended at 0,00379274 (was 0,00381665), a 0.6% drop.
The numbers
The numbers for this week are:
NAV Start 0,00381665
NAV End 0,00379274
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00379274
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
This is the 51th report for Discovery. Next report due 1th of November.
No news from Weexchange / Bitfunder.
NAV ended at 0,00379274 (was 0,00381665), a 0.6% drop.
The numbers
The numbers for this week are:
NAV Start 0,00381665
NAV End 0,00379274
Management fee 0.00000000
Dividends 0.00000000
Dividends/share 0.00000000
Outstanding shares 11800
NAV current/share 0,00379274
The latest asset list can be found here http://pastebin.com/e7zEjsvg
Cheers,
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