MPIF (F.MPIF) Closing Statement
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".
Friday, 6 May 2016
This sets the bar for an stable investment. Good job at not losing any money.
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.