What if I send another 0.75 BTC now and we call it even so you can close the fund, leaving me the risk that the shares will be transferred and friedcat will distribute BTC again someday?
The fair market value for the Fund's 17 shares of AsicMiner, according to Havelock, would be
BTC1.751. Your offer represents a 57% discount to the shares fair market value.
Do we, as shareholders, think that the administrator of the most successful Bitcoin stock of all time will renege on his contractual obligation? Or is he just a little busy ATM?
I, personally, would not let this position go for less than
BTC1. That's still a 43% discount.
Hell, I'll buy the position for
BTC1.
I already bought them for 1.5 BTC. The question is how long everyone wants to wait for AM to acknowledge a share transfer. I thought I'd offer an immediate solution, but don't want to pay more than 1 bird for 2 in the bush. I have no problem waiting it out, it makes no difference to me.