5 PM UTC is a good idea.
Topic: . (Read 2330 times)
2) We discussed it on and off for several days and decided to just leave the PPT auctions as they were originally designed for now.
a) The auction date/time will remain every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
a) The auction date/time will remain every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
And 5 AM EEST eg. here in Finland.
So I'm also in favor of changing the time to anywhere between 5 to 8 PM UTC, even though the issue is no longer apparently on the table.
As I said in the other thread I voted for the change (Saturday morning is better for me personally than Friday evening) however it is hard to argue with demand for over 7000 bonds during the last 2500 bond auction. We will revisit this if we see a drop in participation.
They've got it wrong. With 6-7% weekly I'll be awake at any given time that being the only time to participate. However, the current auction time is the worst one can imagine (for Europe, and in particular for Eastern Europe in summer time). I mean, someone said that you had a poll with 90% wanting earlier auction time. So other BOD members decided to decline solely based on this overall bond demand argument? Adding that UTC time format in your marketing doesn't alone make these bonds international.
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As I said in the other thread I voted for the change (Saturday morning is better for me personally than Friday evening) however it is hard to argue with demand for over 7000 bonds during the last 2500 bond auction. We will revisit this if we see a drop in participation.
This sounds as if it is not broken, do not fix it. I regret your decision because at that time most Europeans will be at a clear disadvantage.
Best of luck with your bonds!
& note this is from a Madrilenian who drops 3,000 coins at a time on a goat probably pirate pass through, the lol being that goat almost dropped the lot too
we want outa Euros, but not at 4AM on Saturday por favor, anyway I've said this before, it's no longer really very relevant for me personally but I still think being totally US centric is not the best way to go, 2c
Sorry to thread cap, but perhaps European investors eager to rid themselves of bitcoins might like to check out BIB.PIRATE. The cut-off time for market makers to get bonds pre-launch is 12 pm UTC. They're perpetual bonds, so there shouldn't be so much of a scramble in following weeks.
& note this is from a Madrilenian who drops 3,000 coins at a time on a goat probably pirate pass through, the lol being that goat almost dropped the lot too
Yeah, you are right Otoh. I am willing to do serious business in bitcoins but only with people I can trust.
If I can't trade at reasonable trading hours in this bond I will simply invest my time and money in other securities.
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As I said in the other thread I voted for the change (Saturday morning is better for me personally than Friday evening) however it is hard to argue with demand for over 7000 bonds during the last 2500 bond auction. We will revisit this if we see a drop in participation.
This sounds as if it is not broken, do not fix it. I regret your decision because at that time most Europeans will be at a clear disadvantage.
Best of luck with your bonds!
& note this is from a Madrilenian who drops 3,000 coins at a time on a goat probably pirate pass through, the lol being that goat almost dropped the lot too
we want outa Euros, but not at 4AM on Saturday por favor, anyway I've said this before, it's no longer really very relevant for me personally but I still think being totally US centric is not the best way to go, 2c
I would agree, but then I'm not in the US. Certainly the timing was not intended to disadvantage anyone. But, then it's noon here and the PPT.B redemption has just been completed.
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As I said in the other thread I voted for the change (Saturday morning is better for me personally than Friday evening) however it is hard to argue with demand for over 7000 bonds during the last 2500 bond auction. We will revisit this if we see a drop in participation.
This sounds as if it is not broken, do not fix it. I regret your decision because at that time most Europeans will be at a clear disadvantage.
Best of luck with your bonds!
& note this is from a Madrilenian who drops 3,000 coins at a time on a goat probably pirate pass through, the lol being that goat almost dropped the lot too
we want outa Euros, but not at 4AM on Saturday por favor, anyway I've said this before, it's no longer really very relevant for me personally but I still think being totally US centric is not the best way to go, 2c
Quote
As I said in the other thread I voted for the change (Saturday morning is better for me personally than Friday evening) however it is hard to argue with demand for over 7000 bonds during the last 2500 bond auction. We will revisit this if we see a drop in participation.
This sounds as if it is not broken, do not fix it. I regret your decision because at that time most Europeans will be at a clear disadvantage.
Best of luck with your bonds!
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We are still discussing a possible change in date and time for the PPT.E sale.
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you asked for feedback & got it, 90% favored an earlier time
Well, there's 6 bonds being rotated, so why not just have two of them (A and D) at a set time for the first time slot, two (B and E) for the next, and the other two (C and F) on the third. Make them 8 hours different. Essentially treat the world as having 3 time zones. Those of us in time zone AD get 2 of 6 weeks where we get preferential treatment, but the same goes for the investors in BE and CF.
Aren't there only 4 bonds being rotated? 
Well, there's 6 bonds being rotated, so why not just have two of them (A and D) at a set time for the first time slot, two (B and E) for the next, and the other two (C and F) on the third. Make them 8 hours different. Essentially treat the world as having 3 time zones. Those of us in time zone AD get 2 of 6 weeks where we get preferential treatment, but the same goes for the investors in BE and CF.
yep, Saturday is good too, btw PPT in the news here
http://www.thebitcointrader.com/2012/05/bitcoin-stock-market-miners-and-pirates.html#more
http://www.thebitcointrader.com/2012/05/bitcoin-stock-market-miners-and-pirates.html#more
Personally I would prefer to stick with just the 1 weekly offer of 2,000 or more bonds, make it a Sunday when most people are free - a lot of eBay auctions end then for this reason & choose a time like 5pm UTC which would work well for both US, EU & Asia
5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
+1
Personally I would prefer to stick with just the 1 weekly offer of 2,000 or more bonds, make it a Sunday when most people are free - a lot of eBay auctions end then for this reason & choose a time like 5pm UTC which would work well for both US, EU & Asia
5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
Agreed I prefer sticiking selling at one time. I think Saturday is better then Sunday but the time sounds good. 5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
Personally I would prefer to stick with just the 1 weekly offer of 2,000 or more bonds, make it a Sunday when most people are free - a lot of eBay auctions end then for this reason & choose a time like 5pm UTC which would work well for both US, EU & Asia
5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
5pm UTC = 6pm UK = 7 pm CET = 1pm NY = 10am LA = Midnight BKK
Multiple auctions with less bonds per week just complicates things unnecessarily imo & is too much to keep monitoring the different issue's prices on, is demand going to be 50:50 between US & EU anyway
I suggest 20:00UTC
Might be getting a bit late still:
With DST that gets to 21:00 in the UK already, 22:00 in central Europe and even later to the east.
I would suggest 18:00 UTC - prime time for most of Europe - or even earlier to make sure also the asian market can get in (though they might have already a chance at the current window in the far east).
Also it's 8 hours apart from the other offering. Should they choose to offer a third time slot in the future if Bitcoin takes off in Asia, they can then take the 10:00UTC for 02:00, 10:00 and 18:00 bonds for US, Europe and Asia.
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