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Topic: [BitFunder] Ukyo.Loan - Paying 0.05% daily. - page 22. (Read 74626 times)

hero member
Activity: 546
Merit: 500
How do we go about contacting Ukyo in order to redeem assets? I can't figure out how to do it through bitfunder. Do I need to e-mail him directly somehow?
sr. member
Activity: 330
Merit: 255
Why would people be selling this at under face value when then can simply be redeemed for face value. It makes no sense to me.
If you want the money now instead of waiting a couple hours for Ukyo to respond?
Liquidity is a consideration often overlooked by those more familiar with trading on mature (i.e. real life) exchanges.

As a general point, not necessarily specific to this security, loan-type securities can also wind up being discounted below face value when questions arise over the viability of assets backing the loan, or more generally over the debtor's ability to pay in a timely fashion. Over the last couple of weeks in particular, those kinds of questions have come up with regard to several different individuals and businesses.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
Why would people be selling this at under face value when then can simply be redeemed for face value. It makes no sense to me.

If you want the money now instead of waiting a couple hours for Ukyo to respond?

Liquidity is a consideration often overlooked by those more familiar with trading on mature (i.e. real life) exchanges.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Why would people be selling this at under face value when then can simply be redeemed for face value. It makes no sense to me.

If you want the money now instead of waiting a couple hours for Ukyo to respond?
sr. member
Activity: 358
Merit: 285
I think there are people who are in bitfunder and doesn't know how trade works. A lot of securities are losing value because of people like that.
hero member
Activity: 546
Merit: 500
Why would people be selling this at under face value when then can simply be redeemed for face value. It makes no sense to me.
sr. member
Activity: 330
Merit: 255
September 30, 2013, 02:43:41 PM
#79
Was there no payment for the 28th and 29th?

That looks to be the case. However, there were also three payments on the 27th (maybe to cover 28th and 29th in advance?), and a 150% payment on the 30th.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
September 30, 2013, 01:22:05 PM
#78
Was there no payment for the 28th and 29th?
sr. member
Activity: 330
Merit: 255
September 16, 2013, 08:15:14 AM
#77
Folks holding the Ukyo.Loan might be interested in some thoughts I've offered about it in the monthly report for the BTC Growth fund, where I mention that the fund has acquired around 11.6% of the outstanding units:

https://bitcointalksearch.org/topic/m.3165622

Comments welcome.
sr. member
Activity: 330
Merit: 255
September 03, 2013, 02:53:33 PM
#76
This was my fault. I have been sick during the holiday weekend...

Super -- and many thanks for the speedy reply. I'm sorry to hear you've been ill, especially over the weekend; take good care of yourself!
sr. member
Activity: 448
Merit: 250
September 03, 2013, 02:04:10 PM
#75
My apologies, some things had gotten out of hand.
Divs are now up to date.

Although a double payment went out on 1 September to cover the missing one from 31 August, as of 3 September we're now back to being behind by one day again, since no payment went out on 2 September. Any news?

Ah crap your right.

This was my fault. I have been sick during the holiday weekend. When I looked last night I was thinking I just made the two days worth of payments.
Clouded head/thoughts don't help when trying to do financial dealings which is why I try to avoid touching/saying anything related to the system the does not "need" to be handled.
Never good to code/make decisions when you have a hard time focusing/concentrating.

I have made two dividend payments today to make up for it. Should be back to daily again.

Thank you,
Ukyo
sr. member
Activity: 330
Merit: 255
September 03, 2013, 01:25:56 PM
#74
My apologies, some things had gotten out of hand.
Divs are now up to date.

Although a double payment went out on 1 September to cover the missing one from 31 August, as of 3 September we're now back to being behind by one day again, since no payment went out on 2 September. Any news?
sr. member
Activity: 448
Merit: 250
September 01, 2013, 06:52:53 AM
#73
My apologies, some things had gotten out of hand.
Divs are now up to date.

-Ukyo
newbie
Activity: 56
Merit: 0
September 01, 2013, 05:31:58 AM
#72
Why no dividends yesterday (Aug 31)?

That's a good question indeed.
full member
Activity: 170
Merit: 100
September 01, 2013, 02:10:46 AM
#71
Why no dividends yesterday (Aug 31)?
legendary
Activity: 1022
Merit: 1000
Sold my 5000 to high of a premium to not take IMO
Great timing - today's dividend is back to 500 satoshis.

What! it means I bought overprice shares yesterday Sad
full member
Activity: 181
Merit: 100
Sold my 5000 to high of a premium to not take IMO
Great timing - today's dividend is back to 500 satoshis.
hero member
Activity: 896
Merit: 1000
Sold my 5000 to high of a premium to not take IMO
full member
Activity: 147
Merit: 100
i didn't say you have mentioned it Smiley <= where i have mentioned this absurdity? Cheesy

i was meaning that some traders are (maybe) trading selves to the oblivion and are not aware of it ))
newbie
Activity: 56
Merit: 0
Agree but I don't see where I mentioned the rise was decided by the issuer. Maybe you can help me finding where I mentioned such absurdity  Smiley
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