[Investment fund] Gamma Bitcoin Fund [Closed] - page 16.

strello

full member

Activity: 234

Merit: 101

Received this payment- thank you very much.

But I'm curious about one thing .

In message #676 , you say you had 300- 400 BTC.

https://bitcointalksearch.org/topic/m.1496130

Then you said you got another 1000 BTC from a debt from IMSAGUY.

https://bitcointalksearch.org/topic/m.1498557

Now you have paid out 939 BTC.

Why haven't you paid out the other 360- 460 BTC?

DeaDTerra

donator

Activity: 1064

Merit: 1000

I have processed all payments,
If you haven't received yours please send me a message and I will investigate further.
//DeaDTerra

DeaDTerra

donator

Activity: 1064

Merit: 1000

Double payments were accidentally sent to
Number 79-81.
Addresses
1CKggsBQbziwYBrdUzsG3UpABw22TWgBfg
1EFRrphzrhFyWCDpSNuAt4B9gcSyjiWXht
1FgFNoVGpBfhDwBWc166mhoC3vwGSQ6Sfy
Please return the coins to 121WSe4wVi8TqtzCzcpXDc8mKxDv281WU8
If you do not return then them I will take the same amount from future payments.
Until then I will cover it with my own money as it was my fuck up.
//DeaDTerra

DeaDTerra

donator

Activity: 1064

Merit: 1000

Payments are starting to go out now.
A total of 939.203 BTC will be paid out.
I have paid out all the old payments except 2 which still have invalid addresses.
//DeaDTerra

bitdragon

hero member

Activity: 609

Merit: 501

peace

Quote from: LoweryCBS on February 08, 2013, 12:31:11 PM

(check my math below before relying on the results)

Want to know how much ASICMiner value is in your personal Gamma shares?

Gamma investors can calculate their percent ownership of the total fund from here:
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdHZJRE1WRU00RWVEcEFNT0FQWmtlYmc#gid=0

(while the numbers in the 'A' column are outdated amounts due to partial payouts, they are still useful for calculating percent ownership of remaining assets)

Divide your personal number in column 'A' by 7214.14 (the grand total of column 'A') and that's your percent ownership of Gamma.

Multiply that resulting percent by 4607 (the fund's number of ASICMiner shares) and multiply that result by the current market value of ASICMiner as (sorta) determined in this auction here:
https://bitcointalksearch.org/topic/696-asicminer-shares-for-auction-141067

(currently ~0.4 BTC / ASICMiner share)

For example, Investor #100 would calculate his value this way:

(188.78 / 7214.14) x 4607 x 0.4 = 48.22 BTC worth of ASICMiner

thanks, that's the best news in a while for my bitcoins

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

(check my math below before relying on the results)

Want to know how much ASICMiner value is in your personal Gamma shares?

Gamma investors can calculate their percent ownership of the total fund from here:
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdHZJRE1WRU00RWVEcEFNT0FQWmtlYmc#gid=0

(while the numbers in the 'A' column are outdated amounts due to partial payouts, they are still useful for calculating percent ownership of remaining assets)

Divide your personal number in column 'A' by 7214.14 (the grand total of column 'A') and that's your percent ownership of Gamma.

Multiply that resulting percent by 4607 (the fund's number of ASICMiner shares) and multiply that result by the current market value of ASICMiner as (sorta) determined in this auction here:
https://bitcointalksearch.org/topic/696-asicminer-shares-for-auction-141067

(currently ~0.4 BTC / ASICMiner share)

For example, Investor #100 would calculate his value this way:

(188.78 / 7214.14) x 4607 x 0.4 = 48.22 BTC worth of ASICMiner

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Okay, okay. I'll stop nagging you. Grin

Go ASICMINER! To the moon!!!

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: iCEBREAKER on February 08, 2013, 12:00:23 PM

If GBF is actually closing, then please proceed apace with the demonstrated opportunity to liquidate its assets.

If GBF is continuing to hold assets in the hope of future appreciation, then it's not really closing.

If you're not going to make payouts and allow shareholders to take advantage of the record $22+ POB, don't say you are and then disappoint us.

Holding up payments because of a couple of flakes is unreasonable, and could cost us money if the POB crashes before we have a chance to sell.

Thanks again. Cool

I understand why you think as such, but is it not still my duty to make sure you guys get back as much as possible?
By holding ASICMINER until they start mining, we will be able to get a lot more from the shares.
I could have been a shitty person and just put up a auction for all our shares and sold them all off for a fraction of their value.
But I didn't, I decided to stick with it and keep pushing to get back as much as possible.
So please have patience. I will do my best to speed up the process and I understand it's frustrating to have to wait for so long.

//DeaDTerra

CecilNiosaki

full member

Activity: 210

Merit: 100

Personally, I would suggested holding on the ASCI shares until the first few dividends with their new hardware have been paid. If they are one of the first on the market, their profit will be high, and this will push the price even higher than they are now. To sell now would be to forsake the profit, and I think that if we are patient for this, we may be able to get a large majority, if not all of our funds back

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

If GBF is actually closing, then please proceed apace with the demonstrated opportunity to liquidate its assets.

If GBF is continuing to hold assets in the hope of future appreciation, then it's not really closing.

If you're not going to make payouts and allow shareholders to take advantage of the record $22+ POB, don't say you are and then disappoint us.

Holding up payments because of a couple of flakes is unreasonable, and could cost us money if the POB crashes before we have a chance to sell.

Thanks again. Cool

DeaDTerra

donator

Activity: 1064

Merit: 1000

As said, I will sit down today and tomorrow morning and start sending out payments.
Sure I can update the list but not much has happened.
As for the ASICMINER shares, I plan to keep them as I believe that they will be worth a lot more once the ASIC is up and running

I will keep the Bitcoins for them, I just wanted to close the bag on the last payment before I start a new one.
//DeaDTerra

strello

full member

Activity: 234

Merit: 101

And with the unresponsive shareholders, can't you just hold their payouts for the moment, and make an announcement by email and here about a time limit for claiming, 2 months or something, and then those unclaimed payouts could be shared amongst the remaining shareholders.

Just a suggestion as it's pretty annoying for us all to have our payments delayed so much by a couple of unresponsive people.

And, of course, thanks for all your continued work on this.

strello

full member

Activity: 234

Merit: 101

I agree with most of what Icebreaker says.

It would be very nice to get the payout promised last weekend.

Could you maybe also do an update to post #660, to let us know the current situation with reclaiming shares and loans:

https://bitcointalksearch.org/topic/m.1430325

It would be very good to know how the legal process is going with GigaMining.

And what is your current thinking about ASICMINER. The 4607 ASICMINER shares could easily raise 1600+ BTC right now, but as it looks like they may well be the first to start ASIC mining, maybe there could be a much better profit later.

Thanks.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: iCEBREAKER on February 07, 2013, 11:10:31 PM

Quote from: DeaDTerra on February 05, 2013, 10:30:54 AM

Quote from: LoweryCBS on February 05, 2013, 08:14:50 AM

Quote from: DeaDTerra on February 02, 2013, 11:12:17 AM

Good new everyone.
I have now gotten back 1000 Bitcoins

So I will be paying them out later this weeked.
It should be another healthy chunk of coins.
//DeaDTerra

We still on track for a payout?

Yes at the moment I am waiting for some last payment addresses so that the people who have yet to receive payment one receives it first.
Once all investors have received payment one, I will launch payment two. It might stretch over a couple of days as I will be doing it manually

So bear with me.
//DeaDTerra

It's now been more than "a couple of days" past "later this weekend." Please send my payment regardless of the very few investors who failed to maintain proper communication and transmit payout addresses.

I'm eager to buy some ASICMINER, which BTW is going for at least 0.32BTC/share on this auction:
https://bitcointalk.org/index.php?topic=141067.60;topicseen

You could sell GBF's shares in a similar manner, or create a pass-through on BitFunder and I'd snatch some up.

I'm probably not the only one eager for this "closing" fund to be liquidated.

Thanks for seeing this project through to completion.

Yes I apologize,
It's partily due to that I am waiting on responses from some people and partially due to that I have been quite busy this week.
The plan is to send the payments out tonight or tomorrow morning.
I don't think that creating a GBF asset is such a good idea, it's a inactive asset that's shuting down and liquidating.
Thank you for your patience.
//DeaDTerra

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: DeaDTerra on February 05, 2013, 10:30:54 AM

Quote from: LoweryCBS on February 05, 2013, 08:14:50 AM

Quote from: DeaDTerra on February 02, 2013, 11:12:17 AM

Good new everyone.
I have now gotten back 1000 Bitcoins

So I will be paying them out later this weeked.
It should be another healthy chunk of coins.
//DeaDTerra

We still on track for a payout?

Yes at the moment I am waiting for some last payment addresses so that the people who have yet to receive payment one receives it first.
Once all investors have received payment one, I will launch payment two. It might stretch over a couple of days as I will be doing it manually

So bear with me.
//DeaDTerra

It's now been more than "a couple of days" past "later this weekend." Please send my payment regardless of the very few investors who failed to maintain proper communication and transmit payout addresses.

I'm eager to buy some ASICMINER, which BTW is going for at least 0.32BTC/share on this auction:
https://bitcointalk.org/index.php?topic=141067.60;topicseen

You could sell GBF's shares in a similar manner, or create a pass-through on BitFunder and I'd snatch some up.

I'm probably not the only one eager for this "closing" fund to be liquidated.

Thanks for seeing this project through to completion.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: LoweryCBS on February 05, 2013, 08:14:50 AM

Quote from: DeaDTerra on February 02, 2013, 11:12:17 AM

Good new everyone.
I have now gotten back 1000 Bitcoins

So I will be paying them out later this weeked.
It should be another healthy chunk of coins.
//DeaDTerra

We still on track for a payout?

Yes at the moment I am waiting for some last payment addresses so that the people who have yet to receive payment one receives it first.
Once all investors have received payment one, I will launch payment two. It might stretch over a couple of days as I will be doing it manually

So bear with me.
//DeaDTerra

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

Quote from: DeaDTerra on February 02, 2013, 11:12:17 AM

Good new everyone.
I have now gotten back 1000 Bitcoins

So I will be paying them out later this weeked.
It should be another healthy chunk of coins.
//DeaDTerra

We still on track for a payout?

DeaDTerra

donator

Activity: 1064

Merit: 1000

I need payout addressed from
#8
#57
#84
//DeaDTerra

CecilNiosaki

full member

Activity: 210

Merit: 100

Nice! Great work so far!

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: strello on February 02, 2013, 11:33:12 AM

Great news!

Was it from sales of ASICMINER?

No it was from debt from IMSAGUY,
Which was solved by a private deal with IMSAGUY and INAU.
//DeaDTerra

Topic: [Investment fund] Gamma Bitcoin Fund [Closed] - page 16. (Read 84548 times)