I missed my normal reasonably payout window, and with Bitfunder doing so well lately I thought it would be a nice surprise.
Neb, I will get to your payout soon
-Ukyo
Topic: [BitFunder] Ukyo.Loan - Paying 0.05% daily. - page 24. (Read 74721 times)
It was not an accident.
I missed my normal reasonably payout window, and with Bitfunder doing so well lately I thought it would be a nice surprise.
Neb, I will get to your payout soon
-Ukyo
I missed my normal reasonably payout window, and with Bitfunder doing so well lately I thought it would be a nice surprise.
Neb, I will get to your payout soon
-Ukyo
Requested refund at face value for all my shares. Will do another post when Ukyo delivers.
Quote
Date Shares Price Per Total
2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Ukyo has overdelivered? 2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Looks like he increased the total number of shares to 300,000 while leaving the issued shares at 200,000. Seems this was a simple mistake of forgetting that only the issued shares receive dividends.
That was there 4-5days ago when I check too, so more likely this was just overpayment due to late payment?
not sure if due to late payment because nowhere stated when to pay during a day => no problem here.
but sure a mistake => overpaid exactly 1.5 times more... OgNasty already revealed the cause as it seems
such a disaster...
Quote
Date Shares Price Per Total
2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Ukyo has overdelivered? 2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Looks like he increased the total number of shares to 300,000 while leaving the issued shares at 200,000. Seems this was a simple mistake of forgetting that only the issued shares receive dividends.
That was there 4-5days ago when I check too, so more likely this was just overpayment due to late payment?
Quote
Date Shares Price Per Total
2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Ukyo has overdelivered? 2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Looks like he increased the total number of shares to 300,000 while leaving the issued shares at 200,000. Seems this was a simple mistake of forgetting that only the issued shares receive dividends.
Quote
Date Shares Price Per Total
2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
Ukyo has overdelivered? 2013-07-29 16:07:28 200,000 ฿0.00000750 ฿1.50000000
No dividends today?
looks like a scam already
Shame you on Ukto
says the guy with 11 post Shame you on Ukto
looks like a scam already
Shame you on Ukto
Shame you on Ukto
Ukto, set up a cron script already.
I didn't receive any Ukyo.Loan dividends today (they usually arrive early morning US time). Did anyone else get them as usual?
Today's dividends aren't listed in the Dividends pane either:
https://bitfunder.com/asset/Ukyo.Loan#pane_divs
I didn't receive any Ukyo.Loan dividends today (they usually arrive early morning US time). Did anyone else get them as usual?
To follow up on my post, within 24 hours of contacting Ukyo via PM here, I was able to redeem over 40 BTC's worth (4000+ shares) of Ukyo.Loan. The process was easy and fast. And for the time that I did own those shares, the dividends were always there daily, exactly as promised: 0.05% daily return. Ukyo is an A+ person to do business with in my book.
That makes sense, and is in line with what I figured.
Makes sense. I sent a message to Ukyo via BitcoinTalk PM yesterday but have yet to receive a reply back. I'm going to request a redemption and I assume that is done by contacting Ukyo. Can someone confirm that PM'ing Ukyo on BitcoinTalk is the procedure for starting the redemption process? It doesn't specify exactly who to contact and how.
I actually wondered about this; if I put my shares up for sale at the same price as Ukyo (with a much lower quantity, obviously), would my shares be sold first or would Ukyo's? I'm curious how the order book entries on Bitfunder are prioritized if price is equal.
The default way to do it is to execute the oldest order first.
Makes sense. I sent a message to Ukyo via BitcoinTalk PM yesterday but have yet to receive a reply back. I'm going to request a redemption and I assume that is done by contacting Ukyo. Can someone confirm that PM'ing Ukyo on BitcoinTalk is the procedure for starting the redemption process? It doesn't specify exactly who to contact and how.
I actually wondered about this; if I put my shares up for sale at the same price as Ukyo (with a much lower quantity, obviously), would my shares be sold first or would Ukyo's? I'm curious how the order book entries on Bitfunder are prioritized if price is equal.
So how many shares will there be issued in total?
I second this question.
Additionally: "- Shares can be redeemed at face value anytime upon request."
How does this work? Does this mean if I buy a share right now at 0.01 I can redeem that share with you for 0.01?
Yes, because they aren't really shares, they're more like bonds. Instead of owning a part of a company, you loan coins out to a company. Unlike shares, the price of bonds shouldn't fluctuate much. They can change somewhat if the commonly accepted interest percentage changes (if bonds with higher interest are issued, older bonds will go down in price somewhat) or if the risk of default changes. But normally the price should fluctuate within a few % of the face value.
Regular bonds typically have an expiration date at which time the face value is paid back. This bond doesn't have that, but the redemption guarantee allows investors to set their own expiration date at will, which makes it more interesting than a standard bond.
Makes sense. I sent a message to Ukyo via BitcoinTalk PM yesterday but have yet to receive a reply back. I'm going to request a redemption and I assume that is done by contacting Ukyo. Can someone confirm that PM'ing Ukyo on BitcoinTalk is the procedure for starting the redemption process? It doesn't specify exactly who to contact and how.
So how many shares will there be issued in total?
I second this question.
Additionally: "- Shares can be redeemed at face value anytime upon request."
How does this work? Does this mean if I buy a share right now at 0.01 I can redeem that share with you for 0.01?
Yes, because they aren't really shares, they're more like bonds. Instead of owning a part of a company, you loan coins out to a company. Unlike shares, the price of bonds shouldn't fluctuate much. They can change somewhat if the commonly accepted interest percentage changes (if bonds with higher interest are issued, older bonds will go down in price somewhat) or if the risk of default changes. But normally the price should fluctuate within a few % of the face value.
Regular bonds typically have an expiration date at which time the face value is paid back. This bond doesn't have that, but the redemption guarantee allows investors to set their own expiration date at will, which makes it more interesting than a standard bond.
So how many shares will there be issued in total?
I second this question.
Additionally: "- Shares can be redeemed at face value anytime upon request."
How does this work? Does this mean if I buy a share right now at 0.01 I can redeem that share with you for 0.01?
So how many shares will there be issued in total?
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