MPIF (F.MPIF) Closing Statement

Thursday, 05 May, Year 8 d.Tr. | Author: Mircea Popescu

Faced with the dissolution of the last Profit Center's venue, on a general trend of low activity, F.MPIF is left with little alternative than to liquidate.

A final dividend equal to the Fund's book value has been issued today. So ends "the wunderbar F.MPIF". Started in April 2014 with great enthusiasm and universal excitement at a book value of 0.00021315 BTC per share, it dissolves two years later at a 0.6% profit for the shareholders.

Was it worth it ? Enthusiasm never asks ; and so let us allow silence to cover in its warm, dark blanket yet another chapter of Bitcoin history. It, at the very least, outlasted "satoshi".

Category: F.MPIF
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3 Responses

  1. PeterL`s avatar
    Friday, 6 May 2016

    This sets the bar for an stable investment. Good job at not losing any money.

  2. Mircea Popescu`s avatar
    Mircea Popescu 
    Friday, 6 May 2016

    In fairness, F.MPIF did lose a little bit of money ; but ironically the pesimism of some investors (the short term, quickly moving ones) insulated the long term ones from any harm, and even provided them with a small profit. A thing of beauty.

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