See below
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
Previous Statement (4-16-2014)
Balance in Total
ATC: 891911.87588299
BTC: 0.38960537
Current Statement:
Capital Infusions Since last Statement:
393319 ATC (Delivered by Mircea Popescu 4-27-2014)
Period Ending Totals:
ATC: 14035.87588299 (-98.42631584%)
BTC: 2.65501867Â Â Â Â (581.46357171%)
Summary of activities:
Since the last Statement period before the transition to end of the month
statements, the Altcoin market has experienced a substantial increase of
Altcoin buying. Outstanding asks orders had all been filled on the 27th
yeilding 0.64104281 BTC on 371123 ATC of Asks placed between 150 satoshis
per and 205 satoshis per.
Following this the noted capital infusion of additional ATC was made and
the orderbook was cleared down to 150 satoshis per and an askwall of
400k ATC was placed at 199 satoshis per. The askwall was quickly consumed.
As a result substantial gains in BTC were made at the expense of limiting
substantially the ability to market make asks in further attempts to dampen
the ATC market. The current plan is to wait out the present enthusiasm
until present bids are filled. The question of current bid placement may
be revisited in some months should ATC seem to have developed a new
permanent price plateau. Given the impending increased rate of ATC generation
after the next, long awaited, difficulty adjustment the plan for the
next month at least is to wait out present buying pressure.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)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=MLvx
-----END PGP SIGNATURE-----
[…] ← April 2014 BTC/ATC Statement […]