I should have bought some last week while price was 0.19+
If you buy a bunch now you're still an early adopter. 
Better be quick though, the 2-week dividends are tomorrow.
Topic: [BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC - page 16. (Read 45626 times)
June 20, 2013, 01:23:17 AM
Better be quick though, the 2-week dividends are tomorrow.
June 19, 2013, 08:14:01 PM
I should have bought some last week while price was 0.19+
June 14, 2013, 06:48:17 PM
I have quickly read through the thread and it seems to me like the only share with some real quality and dividends is asicminer. So I guess it makes more sense to just invest in asicminer...
I sold some ASICMINER around 2.85 and bought BTCINVEST at .197 expecting the value to go up proportionally and ended up making more unrealized gains this way. It is also a lower risk investment since it is more diversified, but yeah having 10 shares is about like having 0.75 ASICMINER. Now that both have appreciated it is really up to whether you think ASICMINER is definitely going to go up, or if you want the lower risk of BTCINVEST and it sounds like you've made your decision.
June 14, 2013, 03:44:26 PM
I have quickly read through the thread and it seems to me like the only share with some real quality and dividends is asicminer. So I guess it makes more sense to just invest in asicminer...
June 14, 2013, 04:16:15 AM
Can't wait to see what the new NAV will be with this ASICMINER appreciation. Looks like there are no more shares left for 0.197 after I bought the last 44 and someone smart grabbed over 200 earlier.
June 13, 2013, 06:44:31 AM
Market cap of BTCINVEST is more around 80k USD.
June 13, 2013, 06:34:51 AM
Total: 770.44 BTC
Shares outstanding: 4000
Shares outstanding: 4000
Does this mean that this business in total handles about $77,000?
June 09, 2013, 08:01:41 PM
So 0.9 * 18.941 = 17.0496 17.0469
FTFY. Thanks for the extra 0.0027 BTC
June 09, 2013, 07:51:33 PM
TOTAL: 18.941 BTC
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Why is management fee not shown in the latest posts, I liked the way transparency was maintained in earlier bi-weekly updates/dividend posts
So 0.9 * 18.941 = 17.0496
June 09, 2013, 04:45:43 PM
TOTAL: 18.941 BTC
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Why is management fee not shown in the latest posts, I liked the way transparency was maintained in earlier bi-weekly updates/dividend posts
June 07, 2013, 08:31:28 PM
If your big ask wall at NAV/share (฿0.195020 now) gets filled, do you add more or is that it for 2 weeks?
And the 95% (฿0.1850 is you I'm guessing) bid wall, is that replenished? (If not, a big investor would have trouble getting out quickly).
Sorry to be hogging your page this week.
And the 95% (฿0.1850 is you I'm guessing) bid wall, is that replenished? (If not, a big investor would have trouble getting out quickly).
Sorry to be hogging your page this week.
Yes, and for big investors who want to sell PM me and we can work it out in advance
June 07, 2013, 06:29:50 PM
If your big ask wall at NAV/share (฿0.195020 now) gets filled, do you add more or is that it for 2 weeks?
And the 95% (฿0.1850 is you I'm guessing) bid wall, is that replenished? (If not, a big investor would have trouble getting out quickly).
Sorry to be hogging your page this week.
And the 95% (฿0.1850 is you I'm guessing) bid wall, is that replenished? (If not, a big investor would have trouble getting out quickly).
Sorry to be hogging your page this week.
June 07, 2013, 11:34:22 AM
Yeah, that was the profit from buying back shares cheaper than our NAV.
June 07, 2013, 10:44:53 AM
Awesome dividend, thanks.
How does this work? The outstanding shares has fallen, as if the fund spent money to buy it's shares back, and there's less total NAV to match it - it's like "Share buybacks" should be about 10 times bigger with a minus in front, but I maybe made a n00b mistake. Thanks.
[Edit - or maybe "Share buybacks" is spread buy/sell profit, and the sell/buy totals themselves aren't shown?]
Share Buybacks: 2.43 BTC
Total: 770.44 BTC
Shares outstanding: 4000
Shares outstanding: 4000
Total: 758.26 BTC
Shares outstanding: 3888
Shares outstanding: 3888
How does this work? The outstanding shares has fallen, as if the fund spent money to buy it's shares back, and there's less total NAV to match it - it's like "Share buybacks" should be about 10 times bigger with a minus in front, but I maybe made a n00b mistake.
Thanks.[Edit - or maybe "Share buybacks" is spread buy/sell profit, and the sell/buy totals themselves aren't shown?]
June 07, 2013, 07:50:33 AM
Wow, great! Double the dividends and a growing NAV.
If anyone takes you up on that bet, will you place the proceeds in BTCINVEST?
If anyone takes you up on that bet, will you place the proceeds in BTCINVEST?
June 07, 2013, 02:31:37 AM
Great!
Thanks, TF
Thanks, TF
June 07, 2013, 12:39:03 AM
Revenue
ASICMINER dividends: 16.21 BTC
Graet.Loan - All reinvested
Btcquick dividends: 0.061 BTC
Loan Interest: 0.24 BTC
Share Buybacks: 2.43 BTC
TOTAL: 18.941 BTC
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Assets
Not traded on an exchange:
203 ASICMINER (directly) - 497.35 BTC
116 NASTYFANS "seats" - 33.41 BTC
BitFunder
2031 G.SDICE shares: 4.87 BTC
49 G.ASICMINER-PT shares: 120.1 BTC
197,899 btcQuick: 12.86 BTC
2380 Graet.Loan: 23.80 BTC
Bitfunder total value: 161.63 BTC
Btcjam secured loan (remaining): 3.21 BTC
CoinLenders 90 day CD: 44 BTC
Total loans / lines of credit: 47.21 BTC
Total coins: 18.66 BTC
Total: 758.26 BTC
Shares outstanding: 3888
NAV/share: 0.19502 BTC / share
ASICMINER dividends: 16.21 BTC
Graet.Loan - All reinvested
Btcquick dividends: 0.061 BTC
Loan Interest: 0.24 BTC
Share Buybacks: 2.43 BTC
TOTAL: 18.941 BTC
Paid as dividends: 17.0496 BTC
Dividends per share: "You will be issueing (17.04960000 / 3888) = 0.00438518 per share. Final Total: 17.04957984."
Assets
Not traded on an exchange:
203 ASICMINER (directly) - 497.35 BTC
116 NASTYFANS "seats" - 33.41 BTC
BitFunder
2031 G.SDICE shares: 4.87 BTC
49 G.ASICMINER-PT shares: 120.1 BTC
197,899 btcQuick: 12.86 BTC
2380 Graet.Loan: 23.80 BTC
Bitfunder total value: 161.63 BTC
Btcjam secured loan (remaining): 3.21 BTC
CoinLenders 90 day CD: 44 BTC
Total loans / lines of credit: 47.21 BTC
Total coins: 18.66 BTC
Total: 758.26 BTC
Shares outstanding: 3888
NAV/share: 0.19502 BTC / share
June 04, 2013, 08:37:28 PM
We also has some unused coins - one option is to pay it out as dividends to shareholders, other is to just invest them. Thoughts?
Reinvest! Use those skills to power up the fund & boost the share value to one doubling after another. Make your name legend & show ASICMiner how it's done!
May 28, 2013, 07:36:16 PM
TradeFortress,
Have you thought about doing a weekly report/dividend payout?
Keep up the great work!
Have you thought about doing a weekly report/dividend payout?
Keep up the great work!
May 22, 2013, 12:19:03 AM
Again, nice dividend.
Excellent NAV too.
Recommend a look at Win.Avalon for investment. See if it fits the profile you are looking for. The nice thing about it right now is that it is low cost, and therefore expected to have a high yield if timing goes right.
Excellent NAV too.
Recommend a look at Win.Avalon for investment. See if it fits the profile you are looking for. The nice thing about it right now is that it is low cost, and therefore expected to have a high yield if timing goes right.
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