Topic: Apple shares - page 2. (Read 2128 times)
I believe it can be done but, as exahash already mentioned, the regulations might be a PITA.
I think dividends will be too low for anyone to be interested and people holding bitcoins believe the bitcoin price will go up in the long run. BTW, how much Apple pays per share per week 
I'm just probing for now, to figure out how one might structure such a thing, and if it's a good idea or should be dropped.
I happen to own some shares in AAPL. I want to invest in some bitcoin projects, and was planning to sell off some shares and buy coins on an exchange.
However, it struck me that maybe I should issue an asset on GLBSE, backed by the shares.
So, the shares need to be bought/sold in lots of 100. Which is about $58200 currently. That's out of reach for most people. But if I put them on GLBSE, where f.ex.
100 of the glbse asset corresponds to 1 AAPL share - then smaller investors can invest in Apple without needing much capital.
Anyone who accumulates 100 * 100 of the asset can exchange them with me for either ownership of the AAPL stock, or the dollar equivalent from selling the stock.
It could be an interesting asset to see traded, because you'd be speculating on both the AAPL and the dollar vs bitcoin. When AAPL pays dividends, it would be used to purchase bitcoin, which would then be paid out as glbse dividends.
Any thoughts on this model?
I happen to own some shares in AAPL. I want to invest in some bitcoin projects, and was planning to sell off some shares and buy coins on an exchange.
However, it struck me that maybe I should issue an asset on GLBSE, backed by the shares.
So, the shares need to be bought/sold in lots of 100. Which is about $58200 currently. That's out of reach for most people. But if I put them on GLBSE, where f.ex.
100 of the glbse asset corresponds to 1 AAPL share - then smaller investors can invest in Apple without needing much capital.
Anyone who accumulates 100 * 100 of the asset can exchange them with me for either ownership of the AAPL stock, or the dollar equivalent from selling the stock.
It could be an interesting asset to see traded, because you'd be speculating on both the AAPL and the dollar vs bitcoin. When AAPL pays dividends, it would be used to purchase bitcoin, which would then be paid out as glbse dividends.
Any thoughts on this model?
Yes, lot's of thoughts, none of them very nice.
First, what brokerage are you with that doesn't allow odd lot trading? Ever heard of Sharebuilder?
What you're proposing is akin to a mutual fund. Those are pretty regulated in the US and you will need an experienced securities lawyer to help you.
That said, hey, go ahead and try it. Some people on GLBSE might be dumb enough to buy in.
I'm just probing for now, to figure out how one might structure such a thing, and if it's a good idea or should be dropped.
I happen to own some shares in AAPL. I want to invest in some bitcoin projects, and was planning to sell off some shares and buy coins on an exchange.
However, it struck me that maybe I should issue an asset on GLBSE, backed by the shares.
So, the shares need to be bought/sold in lots of 100. Which is about $58200 currently. That's out of reach for most people. But if I put them on GLBSE, where f.ex.
100 of the glbse asset corresponds to 1 AAPL share - then smaller investors can invest in Apple without needing much capital.
Anyone who accumulates 100 * 100 of the asset can exchange them with me for either ownership of the AAPL stock, or the dollar equivalent from selling the stock.
It could be an interesting asset to see traded, because you'd be speculating on both the AAPL and the dollar vs bitcoin. When AAPL pays dividends, it would be used to purchase bitcoin, which would then be paid out as glbse dividends.
Any thoughts on this model?
I happen to own some shares in AAPL. I want to invest in some bitcoin projects, and was planning to sell off some shares and buy coins on an exchange.
However, it struck me that maybe I should issue an asset on GLBSE, backed by the shares.
So, the shares need to be bought/sold in lots of 100. Which is about $58200 currently. That's out of reach for most people. But if I put them on GLBSE, where f.ex.
100 of the glbse asset corresponds to 1 AAPL share - then smaller investors can invest in Apple without needing much capital.
Anyone who accumulates 100 * 100 of the asset can exchange them with me for either ownership of the AAPL stock, or the dollar equivalent from selling the stock.
It could be an interesting asset to see traded, because you'd be speculating on both the AAPL and the dollar vs bitcoin. When AAPL pays dividends, it would be used to purchase bitcoin, which would then be paid out as glbse dividends.
Any thoughts on this model?
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