Topic: [BitFunder] Graet.Loan - Paying 0.05% interest daily - page 16. (Read 53144 times)
Does it mean that a fixed dividend of 0.01 * 0.05% = 0.00005 btc per share is paid every day?
Can anyone do a PT to BTCT.CO?
For those who wonder: 0.05% daily is very close to 18% APR uncompounded.
Please clarify "some time" to reddem bonds or at least give an upper bound, in the case of GIPPT "some time" was about half a year or more...
Depending on the quantity 7 to 14 days would seem reasonable Please clarify "some time" to reddem bonds or at least give an upper bound, in the case of GIPPT "some time" was about half a year or more...
For those who wonder: 0.05% daily is very close to 18% APR uncompounded.
Please clarify "some time" to redeem bonds or at least give an upper bound, in the case of GIPPT "some time" was about half a year or more...
Edit: spelink
Please clarify "some time" to redeem bonds or at least give an upper bound, in the case of GIPPT "some time" was about half a year or more...
Edit: spelink
Loan to Graet (Graeme Tee)
https://bitfunder.com/asset/Graet.Loan
References:
http://bitcoin-otc.com/viewratingdetail.php?nick=Graet
https://bitcointalksearch.org/topic/escrow-list-108716
Owns and runs Ozcoin Pooled Mining Pty Ltd and CrownCloud.net
Australian Director WeExchange Australia Pty Ltd
Interest:
- Shares shall pay an interest of 0.05% daily.
Shares value:
- A maximum of 200,000 shares will be issued
- Shares have a face value of 0.01 BTC
- Shares retain a minimum of $0.1 USD value each.
Should any event make Bitcoins become valued at less than $1 USD per Bitcoin or impossible to be transacted, you may request to redeem your shares for $0.1 USD instead.
Redeeming Shares:
- Shares can be redeemed at face value anytime upon request.
- Redeeming shares may take some time to liquidate positions or procure more BTC.
Description:
This loan is to hold and/or use BTC for on-demand needs for my projects, such as OzCoin, CrownCloud, etc.
This loan is not tied to the success or failure of any business.
This loan should not be defaulted on unless personal bankruptcy is officially declared.
Consider it a personal loan.
You can request refund of the loan at face value anytime.
Redeeming bonds may take some time to liquidate positions or procure more BTC if no liquid BTC is available.
https://bitfunder.com/asset/Graet.Loan
References:
http://bitcoin-otc.com/viewratingdetail.php?nick=Graet
https://bitcointalksearch.org/topic/escrow-list-108716
Owns and runs Ozcoin Pooled Mining Pty Ltd and CrownCloud.net
Australian Director WeExchange Australia Pty Ltd
Interest:
- Shares shall pay an interest of 0.05% daily.
Shares value:
- A maximum of 200,000 shares will be issued
- Shares have a face value of 0.01 BTC
- Shares retain a minimum of $0.1 USD value each.
Should any event make Bitcoins become valued at less than $1 USD per Bitcoin or impossible to be transacted, you may request to redeem your shares for $0.1 USD instead.
Redeeming Shares:
- Shares can be redeemed at face value anytime upon request.
- Redeeming shares may take some time to liquidate positions or procure more BTC.
Description:
This loan is to hold and/or use BTC for on-demand needs for my projects, such as OzCoin, CrownCloud, etc.
This loan is not tied to the success or failure of any business.
This loan should not be defaulted on unless personal bankruptcy is officially declared.
Consider it a personal loan.
You can request refund of the loan at face value anytime.
Redeeming bonds may take some time to liquidate positions or procure more BTC if no liquid BTC is available.
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