Realtime


Trading has been permanently frozen for the site wind down.


Trading has been frozen on this asset by the asset issuer.

GOLD  operated by BitcoinGoldTrust since Dec, 12 2012  

Outstanding Last 24h 24h Avg 24h 24h Vol 7d 7d Avg 7d 30d 30d Avg 30d Tot Vol Mkt Cap Score
0 1@0.1237 -- -- -- -- -- -- -- -- -- -- 28 0 3    (3/0)



Outstanding Last 24h 24h Avg 24h 24h Vol 7d 7d Avg 7d 30d 30d Avg 30d Tot Vol Mkt Cap Score
0 1@0.1237 -- -- -- -- -- -- -- -- -- -- 28 0 3    (3/0)

CALL Options Available For Purchase
(an option to purchase shares)
Option ID Expiration Qty Strike Premium/ea Cost/ea
None available...

PUT Options Available For Purchase
(an option to sell shares)
Option ID Expiration Qty Strike Premium/ea Proceeds/ea
None available...


Trade History
Date Type Quantity Price Total
2013-06-29 07:21:31 Market Buy 2 ฿ 0.1251 ฿ 0.2502
2013-06-29 07:21:31 Market Buy 1 ฿ 0.1251 ฿ 0.1251
2013-06-08 19:18:45 Market Buy 1 ฿ 0.1237 ฿ 0.1237
2013-06-01 17:34:24 Market Sell 1 ฿ 0.1024 ฿ 0.1024
2013-04-24 15:38:35 Market Sell 1 ฿ 0.0971 ฿ 0.0971
2013-04-15 20:57:00 Market Sell 1 ฿ 0.138 ฿ 0.138
2013-04-15 20:56:20 Market Sell 4 ฿ 0.138 ฿ 0.552
2013-04-10 22:05:42 Market Sell 1 ฿ 0.1238 ฿ 0.1238
2013-04-10 21:40:41 Market Sell 1 ฿ 0.1238 ฿ 0.1238
2013-04-10 21:28:43 Market Sell 1 ฿ 0.12381 ฿ 0.12381
2013-04-10 21:13:21 Market Sell 1 ฿ 0.12381 ฿ 0.12381
2013-04-10 21:08:34 Market Sell 3 ฿ 0.12381 ฿ 0.37143
2013-04-10 18:14:09 Market Sell 1 ฿ 0.06746 ฿ 0.06746
2013-04-10 18:10:14 Market Sell 1 ฿ 0.06746 ฿ 0.06746
2013-04-10 18:09:26 Market Sell 3 ฿ 0.06746 ฿ 0.20238
2013-04-10 18:07:15 Market Sell 2 ฿ 0.06746 ฿ 0.13492
2013-03-27 12:04:18 Market Sell 1 ฿ 0.1922 ฿ 0.1922
2013-03-25 18:29:28 Market Sell 2 ฿ 0.202 ฿ 0.404
2013-03-19 16:00:09 Market Sell 1 ฿ 0.295 ฿ 0.295
2013-03-11 14:01:20 Market Sell 1 ฿ 0.358 ฿ 0.358


Dividend History
Date Total BTC Shares BTC/Share Status



Bitcoin Gold Trust has closed Posted: 7 years ago

Bitcoin Gold Trust has closed. The spot price of gold at the time of the closure was $1235.30/oz. and the last price of BTC was $98.7343. The NAV of a share was 0.1251 BTC and all remaining shares were bought back at that price.


TRADING HALTED ON GOLD Posted: 7 years ago
TRADING HAS BEEN HALTED ON GOLD BY THE ISSUER.

Reminder: The fund is closing Posted: 7 years ago

Reminder: The fund is closing this week -- Saturday, June 29. All outstanding shares will be bought back at the equivalent of the spot price of gold at the time of the buyback.

 


Bitcoin Gold Trust is closing Posted: 8 years ago

I regret to inform shareholders and anyone else that may be interested that I have decided to close the fund. The reason is that the participation in the fund has been much too low to justify its existence. I am surprised that the interest in owning gold is so low, but I suppose that it just can't compete with bitcoin in terms of return on investment.

The fund will remain open until June 29. At that time I will do a forced buyback of any remaining shares at the spot price (of gold).

In the meantime:

  • Shares can continue to be traded until June 29, or until I have bought back all remaining shares.
  • I will buy back any shares at the current spot price. We must both be present to do this.
  • I will buy any ask priced at or below the current spot price.
  • I will continue to post a bid for the remaining shares at about 95% of the spot price.
  • I will no longer accept gold deposits in exchange for shares.

If anyone is interested in buying the fund's gold (or any other gold), please send me an email or a PM.

If you have any concerns, questions, or comments, please send me an email or a PM.


TRADING HALTED ON GOLD Posted: 8 years ago
TRADING HAS BEEN HALTED ON GOLD BY THE ISSUER.

No motions yet
Contract & Prospectus
Locked! This asset has been locked by the Asset Issuer.
Ticker FUND: GOLD
Moderator Score 3  (3/0)
Moderator Votes YES 3 / 0 NO    (0 ABSTAINING -- Users with 10 or more shares of LTC-GLOBAL are allowed to vote.)

Anonymous voted YES with comment: BTC-TRADING-PT shareholders voted 541-3 to approve.
Shares Outstanding 0 / 10000 Issued
Issuer BitcoinGoldTrust <john.galt.asset.management@gmail.com>
Website https://docs.google.com/document/d/18ZVDjRMGSiEWH6TTHmrLhT-z0clZLVP87w4fZMB1ZdU/edit
Forum https://bitcointalk.org/index.php?topic=133556.0
Issuer Detail Bitcoin Gold Trust

John Galt Asset Management
John Bolton
Belmont, CA
john.galt.asset.management@gmail.com
JohnGalt on https://bitcointalk.org/
Contract This is a summary. Please read the full prospectus before investing. A copy of
the prospectus can be found here:
https://docs.google.com/document/d/18ZVDjRMGSiEWH6TTHmrLhT-
z0clZLVP87w4fZMB1ZdU/edit.

The Bitcoin Gold Trust is an exchange-traded fund listed on the BTC Trading Corp
Exchange. The trust holds physical gold bullion and issues shares
representing its holdings. The shares do not represent ownership of the trust.
The purpose of the trust is to provide a way in invest in gold through bitcoin
without the inconvenience of holding physical gold bullion.

The objective of the trust is for the value of the shares to reflect the price
of gold owned by the trust, less the trust's expenses and liabilities. The trust
receives gold in exchange for shares and delivers gold in exchange for redeemed
shares. The ability to exchange gold for shares is the mechanism that
maintains the nominal value of the shares at the value of the gold that they
represent. The trust is not actively managed and does not engage in activities
designed to profit from changes in the price of gold.

With the exception of cash held to pay expenses and facilitate operations, the
fund invests exclusively in physical gold bullion. The gold is unencumbered,
fully allocated, and will never be borrowed, lent, or used as collateral. It is
stored in a vault at Wells Fargo and is audited periodically. The initial value
of a share is 1/100th of a troy oz. of gold, though fees may reduce that value
over time (see below). Regardless of the nominal value, shares can trade at a
premium or a discount to that value.

The trust does not intend to pay dividends or cash distributions.

The trust issues and redeems "baskets" of shares on a continuous basis (a basket
equals the equivalent of one troy ounce of gold in shares). A 5% fee is charged
for redeeming a basket of shares in addition to shipping and insurance costs.
Persons may redeem fractions of a basket at the discretion of the trustee, but
the fee may be substantially higher as a result.

The only ordinary expense paid by the trust is a fee of 1% per year paid to the
sponsor. The fee is paid from the trust's holdings so the amount of gold that a
share represents is expected to slowly decrease over time.
Executive Summary

The fund allows a person to invest in gold with the following benefits over
owning physical gold.

* Increased liquidity. Shares can be traded whenever the exchange is operating.
* Lower fees and overhead. Typically, buying and selling gold incurs steep
premiums, especially when dealing in small amounts. The fees for trading shares
of the trust are extremely low.
* A convenient way to accumulate gold bullion. A person can buy small numbers of
shares over time and then later exchange the shares for physical gold bullion.
* A way to hedge against potential drops in the value of BTC.

If necessary, bids and asks are maintained at approximately +/- 5% of the spot
price in order to ensure liquidity. This ensures that there are always shares to
buy at a reasonable price, and that shares can always be sold at a reasonable
price.

Please note: shares represent the holdings of the Trust and can only be redeemed
as described in the prospectus and Trust Agreement. The shares do not represent
ownership of the Trust nor of John Galt Asset Management.

Business Description
Definition of the Market
Products and Services

Highlights:

* Shares represent 1/100th of a troy oz. of gold (initially).
* Shares can be redeemed for physical gold bullion (in 1 oz. units).
* Shares normally trade at the spot price, but can be higher or lower.
* The fund strives to maintain liquidity and price stability (relative to the
spot price).

Redeeming shares for gold:

Shares can be redeemed for gold. This is an inexpensive way to obtain physical
gold. Please contact John Galt Asset Management at the email address above, or
by sending a PM to JohnGalt on the BitcoinTalk forums
(https://bitcointalk.org/).

* Shares are redeemed in multiples of a "basket" of shares (approximately 100)
for bars or coins containing one troy ounce of gold owned by the trust. The
spreadsheet below explains the exact size of basket.
* There is a redemption fee of 5% of the value of the gold, payable in BTC to
John Galt Asset Management.
* The person redeeming the shares must pay for shipping and insurance.
Registered, insured, priority mail through the USPS costs $25, but the
method of shipping is negotiable.
* The gold is shipped as soon as the shares are transferred and the fee and
shipping costs are paid.
* Partial baskets of shares may also be redeemed for a substantial additional
fee. This option is not recommended.

Depositing gold:

The trust will issue new shares in exchange for gold. Only bars or coins
containing one or more troy ounces of gold may be exchanged. Contact John Galt
Asset Management at the email address above, or by sending a PM to JohnGalt on
the BitcoinTalk forums (https://bitcointalk.org/) if you want to
unload some gold.

* One "basket" of shares (approximately 100) is issued for each troy ounce.
The spreadsheet below explains the exact size of a basket.
* There is no fee for this transaction.
* The person receiving the shares is responsible for arranging and paying for
shipping. Registered, insured, priority mail through the USPS costs about $25
for one ounce of gold.

Organization and Management

John Galt Asset Management, which manages the fund, is not a registered business.
It consists of a single person: John Bolton. Mr. Bolton has studied Economics and
Finance, and has many years of investing experience.

Marketing Strategy
Financial Management

The Trust was created with an initial deposit of one troy ounce of gold and the
issuance of 100 shares to John Galt Asset Management.

Detailed information about the financial state of the trust, including a
description of the assets, the number of shares issued, and the NAV, can be found
in this spreadsheet:

https://docs.google.com/spreadsheet/ccc?key=0Am3m7aRNI-
JbdHB4RE1fcDktUmdnSDJpZnpVdG0xY2c

An up-to-date verification of the assets owned by the trust can be found here:

https://docs.google.com/file/d/0B23m7aRNI-JbSXNOeGhPUUhhSVk/edit?usp=sharing


ʡ = Recent Notification or Pending Motion, ʬ = Recent Contract or Prospectus Change