Maybe this is somewhat more accessible:

You're smart. The places you left open, are just those letters which i changed a bit, that is to say i replaced the dotted ascenders into regular ones:

h - d - b

Also the x is different in the second sample.

Eventually, i wanted to create a readable bitmap font, in the smallest grid possible.
(well, the first sample isn't readable at all without introduction, i know, but it was just a false topic start).

This font requires a maximal grid of 7 x 5 (h x w), seems quite small to me.

There is, by principle, no meeting of horizontal and vertical lines, in order to keep the letterforms 'open'. (that's why i changed the shape of x).

By the way, the first sample is medieval Dutch; the first 2 lines of Van den Vos Reynaerde (Reynaert the Fox).

I need a text transcripted... just a stupid font someone wrote to me shouldnt be too hard but i dont know how.. here it is

╖♫¿ö♥ôå♀╖±ƒ░FÑôÄ█σU`♥ƒÆ░☻♫|¼

I like this font, Ringo & the second version is definitely readable.
It's also nice to see I'm not the only one who uses squared paper for a grid ;-)