[Investment fund] Gamma Bitcoin Fund [Closed] - page 40.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: BTCurious on July 01, 2012, 05:32:34 PM

Nice, good to see some profits Cheesy

About the ID thing: You could have some people that have your ID confirm here that they have your ID. Then you don't need to show your ID, but people don't have to trust you on your word either.
(This is a solution to the presented issue, I don't really feel the need to see your ID or to have people confirm that they've seen it.)

I was thinking having someone like Kluge a trusted lender and member of the community, have my ID. If I run away from the fund, and the case is obvious I stole the Bitcoins then he releases the ID. Would that be something that the investors would be interested in?
//DeaDTerra

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Quote from: jimbobway on July 01, 2012, 07:04:48 PM

Do you have contingency plans in case something unexpected happens to you? Thx.

Quote from: DeaDTerra on June 03, 2012, 11:13:26 AM

I have implemented a death switch, so in case of injury or death, the fund will be closed and the investors will receive their current holdings to the payout address set up. This death switch is a two way authentication set up, so there is no chance that my second in command can run away with the funds or anything like that. The informations and instructions sent are also heavily encrypted for the safety and security of the fund.
This is just one of the many things I will be implementing to increase the security and safety of the investors in Gamma Bitcoin Fund.

jimbobway

legendary

Activity: 1304

Merit: 1015

Do you have contingency plans in case something unexpected happens to you? Thx.

BTCurious

hero member

Activity: 714

Merit: 504

^SEM img of Si wafer edge, scanned 2012-3-12.

Nice, good to see some profits Cheesy

About the ID thing: You could have some people that have your ID confirm here that they have your ID. Then you don't need to show your ID, but people don't have to trust you on your word either.
(This is a solution to the presented issue, I don't really feel the need to see your ID or to have people confirm that they've seen it.)

DeaDTerra

donator

Activity: 1064

Merit: 1000

The profit this week landed at 4.957% this week and as I promised I won't take any admin fee from this profit and from the next positive one

I am a to tired to pay the profit out and to write an analysis, so instead of taking the chance of making a mistake I will do it early tomorrow. Sorry for yet another delay guys
//DeaDTerra

vokain

legendary

Activity: 1834

Merit: 1019

How is this fund going to be used with your other interests (ie BitcoinRebate and ZipConf)? Or will it be kept separate? I (and other investors probably) would just like to know for transparency reasons. Basically, how do we know that you won't artificially record a large loss in one of these companies and reflect it on the fund?

Best regards,
Anthony

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: N12 on July 01, 2012, 11:20:32 AM

Why exactly do you need to be anonymous in public if you are running a business that has 5 digit BTC sums of solicited investment money from the public?

Quote from: vokain on July 01, 2012, 11:58:40 AM

personal safety would be my guess.....

Partly due to privacy, partly due to personal safety. I don't like having my ID out in public, it makes me exposed.
//DeaDTerra

vokain

legendary

Activity: 1834

Merit: 1019

personal safety would be my guess.....

N12

donator

Activity: 1610

Merit: 1010

Why exactly do you need to be anonymous in public if you are running a business that has 5 digit BTC sums of solicited investment money from the public?

vokain

legendary

Activity: 1834

Merit: 1019

That's what I like to hear

pm'd

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: vokain on July 01, 2012, 10:16:24 AM

what are your securities in place against hacks and whatnot? how are we insured against you taking the fund for yourself? I really wish that with the effort that scammers put into their work, they could be making a lot more money in the long run. Ah well, in an ideal world...

Security is one thing on the list of stuff I am going to upgrade and improve during the shut down time of the fund. I can't give away any details but I will have some people that work with IT security have a look at my system and help me improve the security against hacks etc. Most of the Bitcoin the fund owns are not actually on my computer, they are spread out on different exchanges and sites, I am getting a smartphone to enable two-factor authentication which will help with improving security

I have my ID submitted to a couple of exchanges, I have also given my ID to a couple of people in the community, if I were to run I am sure they would release my ID information to the community. But there's no insurance, this is yet another point where you have to trust me. I am not giving out my ID publicly at least no yet. I am in this for the run long and anyone that has talked to me for a longer period of time knows that

//DeaDTerra

fgmnp

donator

Activity: 29

Merit: 252

sub

vokain

legendary

Activity: 1834

Merit: 1019

what are your securities in place against hacks and whatnot? how are we insured against you taking the fund for yourself? I really wish that with the effort that scammers put into their work, they could be making a lot more money in the long run. Ah well, in an ideal world...

DeaDTerra

donator

Activity: 1064

Merit: 1000

hey guys!
Rebate is finally up and running Cheesy

Check it out at bitcoinrebate.com
I have already made 0.25 BTC in about 10 minutes Wink

It's a lot of fun and quite addictive, please upvote on reddit as well to spread the site http://www.reddit.com/r/Bitcoin/comments/vu5o8/bitcoinrebatecom_launch_arbitraging_simulation/

This is great for our investment, we have already seen a spike in the rebate price and hopefully there will be some nice dividends coming out way soon

//DeaDTerra

bitsmith

newbie

Activity: 25

Merit: 0

I would like to invest as well while it's still possible, I've sent you a pm.

guruvan

hero member

Activity: 532

Merit: 500

Quote from: DeaDTerra on June 24, 2012, 01:55:39 PM

Hey guys,
I am sad to report that we ended up at -1.65% in profit this week Sad

I don't have much to say, I have already announced most of what I am planing to do against this and how to turn it around.
So I am just going to add some statistics Tongue

Current Capital: 12382.11 BTC
Current amount of investors: 87 Investors
Percentage of Profit since the start of the fund in April: 19.98%
Average profit per week: 2.623%
Average profit per month: 10.492%

For the people that have requested withdraws, they are coming in about and hour, I am currently waiting on a transaction from GLBSE, then the withdraws will be sent

Best Regards
//DeaDTerra

Ah - The allure of the securities on the GLBSE was great!

In these kinds of market turns, institutional investors are the ones so often left holding the bag. I'm totally ok with what you've done (not far different from my own actions) - and I think your plan to get things back on track is correct.

Personally I'm moving most of my active trading off the GLBSE due to the sheer lack of liquidity, and lack of "investor friendly" securities (I just wish I could punt out these non-performers easily!)

I had intended to send additional funds this week, but have delayed as there were too many things requiring funds this week. I will still be sending those asap - I had also really been hopeful for a payment from our favorite ex-trading platform Wink

It doesn't seem a habit for you to lose money

It's been pretty hard to not lose money given the structure of the bonds available on the market. Hopefully you might use your influence to encourage some issuers to offer assets that are not guaranteed to net investors a loss Cheesy

When I lose money (unanticipated loss) I back away from the trading desk, and go do something fun. I trade like crap on top of losses. I trade much better in a a good mood.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: rockyleal on June 25, 2012, 10:36:23 AM

I just wanted to report that I have received my BTC after requesting to withdraw, in a timely manner and with no hassle at all. I will definitively invest again in the near future, and I feel lucky to have had this experience not only for the profit made but more importantly because meeting a trustable BTC investor like DeadTerra is priceless.

Thank you for those nice words

I am very happy to have had you as a investor and you are always welcome back.
6 Investors in total decided to withdraw, to these individual, I wish you all the best of luck with future investments and if you change your mind you are always welcome back Cheesy

For all the happy investors, I want to ask you guys to rate me on OTC if you have time and want to.
http://bitcoin-otc.com/viewratingdetail.php?nick=DeaDTerra
Also please post here and anywhere else you find suitable, so that other people can see your opinions

//DeaDTerra

rockyleal

newbie

Activity: 22

Merit: 0

I just wanted to report that I have received my BTC after requesting to withdraw, in a timely manner and with no hassle at all. I will definitively invest again in the near future, and I feel lucky to have had this experience not only for the profit made but more importantly because meeting a trustable BTC investor like DeadTerra is priceless.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Hey guys,
I am sad to report that we ended up at -1.65% in profit this week Sad

I don't have much to say, I have already announced most of what I am planing to do against this and how to turn it around.
So I am just going to add some statistics Tongue

Current Capital: 12382.11 BTC
Current amount of investors: 87 Investors
Percentage of Profit since the start of the fund in April: 19.98%
Average profit per week: 2.623%
Average profit per month: 10.492%

For the people that have requested withdraws, they are coming in about and hour, I am currently waiting on a transaction from GLBSE, then the withdraws will be sent

Best Regards
//DeaDTerra

tulkos

member

Activity: 74

Merit: 10

Thanks for the update DT, im glad to hear about the long term plan.

Topic: [Investment fund] Gamma Bitcoin Fund [Closed] - page 40. (Read 84476 times)