Topic: [BTC-TC] BTC-BOND - 0.03% Daily - page 4. (Read 20381 times)
I'd also like to know.
BTCT is just GLBSE with a much better closedown situation
I am also requesting status updates.
So...what's the plan now that BTC-TC is closing?
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
It is just that it is trading in a very tight range (smaller bid-ask spread than the fee to buy and sell a share), so there is not much profit to be made from trading it. And there are other bonds which pay a higher daily rate, so nobody is going to buy up large amounts.
2013-09-15 22:47:07 Market Buy 12154 ฿0.01 ฿121.54
Yes, I suppose I'm settled now.
Do you plan on issuing more shares anytime soon?
Honestly, I don't think I will. I have more than enough BTC to place orders on stuff that matters. Will keep it at that until the day I buyback.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
It is just that it is trading in a very tight range (smaller bid-ask spread than the fee to buy and sell a share), so there is not much profit to be made from trading it. And there are other bonds which pay a higher daily rate, so nobody is going to buy up large amounts.
2013-09-15 22:47:07 Market Buy 12154 ฿0.01 ฿121.54
Yes, I suppose I'm settled now.
Do you plan on issuing more shares anytime soon?
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
It is just that it is trading in a very tight range (smaller bid-ask spread than the fee to buy and sell a share), so there is not much profit to be made from trading it. And there are other bonds which pay a higher daily rate, so nobody is going to buy up large amounts.
2013-09-15 22:47:07 Market Buy 12154 ฿0.01 ฿121.54
Yes, I suppose I'm settled now.
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
It is just that it is trading in a very tight range (smaller bid-ask spread than the fee to buy and sell a share), so there is not much profit to be made from trading it. And there are other bonds which pay a higher daily rate, so nobody is going to buy up large amounts.
2013-09-15 22:47:07 Market Buy 12154 ฿0.01 ฿121.54
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
It is just that it is trading in a very tight range (smaller bid-ask spread than the fee to buy and sell a share), so there is not much profit to be made from trading it. And there are other bonds which pay a higher daily rate, so nobody is going to buy up large amounts.
Bump.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
Seems pretty dead. I suppose there's not much speculation to be had on this loan.
I have sent my shares to Namjies for redemption
Paid out.
I have sent my shares to Namjies for redemption
I was not saying that btc-bond was a bad investment, just that the typical bitcoin investor who barely glances at the surface of investments would jump on a higher yield bond first. I agree that Namworld has been very consistent with this.
Yup I agree.. I love Deprived's securities for their yield, personally. I especially like LTC-ATF.B1 which is a shining star in the world of LTC investing.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Bump.
Anyone? Would like to get the remaining bonds sold.
Anyone? Would like to get the remaining bonds sold.
Now that Deprived has opened his bond paying 60% more than yours on btct, it will be hard to get people to buy your bond.
There's much more to it than yield. Frankly, offering such a high rate is the only way Deprived can compete with an issue like BTC-BOND. Namworld has been around a lot longer than Deprived. He has a lot more under management, and runs a serious productive business vs. a bunch of churning investment funds. Compare their contracts -- although I presume it is unlikely, it is clearly more likely that Deprived asset will blow up. And Deprived is very clear about where the liability lies (with the shareholders). I.E. Deprived will not pay you back (he is very clear about this in his contract). These are all justifications for offering a higher rate of return. It's likely the only way he can issue debt given his recent negative publicity.
There is a lot that would have to go wrong before BTC-BOND doesn't pay back. I for one have relied on BTC-BOND for years to provide a reasonably safe place to store 20-30% of my capital. When I ask myself, is it logical for me to assign the same level of credibility to Deprived, I have to say "no". That is why Deprived is offering more money. Because it's the only way he can compete with BTC-BOND.
I was not saying that btc-bond was a bad investment, just that the typical bitcoin investor who barely glances at the surface of investments would jump on a higher yield bond first. I agree that Namworld has been very consistent with this.
p.s. I just bought some BTC nam, will be buying more BTC-BOND for BMF. Thanks!
I was wondering where those daily dividends on BMF were coming for. Guess that answers it.
Lol. I only wish I had that much BTC-BOND right now.
I find the question of where BMF's money comes from deserves a little more light as I haven't touched upon it yet, though. https://bitcointalksearch.org/topic/m.2753905 -- thanks for raising that issue
Bump.
Anyone? Would like to get the remaining bonds sold.
Anyone? Would like to get the remaining bonds sold.
Now that Deprived has opened his bond paying 60% more than yours on btct, it will be hard to get people to buy your bond.
It seems to offer less guarantees of solvency, albeit it is quite well designed overall.
p.s. I just bought some BTC nam, will be buying more BTC-BOND for BMF. Thanks!
I was wondering where those daily dividends on BMF were coming for. Guess that answers it.
Bump.
Anyone? Would like to get the remaining bonds sold.
Anyone? Would like to get the remaining bonds sold.
Now that Deprived has opened his bond paying 60% more than yours on btct, it will be hard to get people to buy your bond.
There's much more to it than yield. Frankly, offering such a high rate is the only way Deprived can compete with an issue like BTC-BOND. Namworld has been around a lot longer than Deprived. He has a lot more under management, and runs a serious productive business vs. a bunch of churning investment funds. Compare their contracts -- although I presume it is unlikely, it is clearly more likely that Deprived asset will blow up. And Deprived is very clear about where the liability lies (with the shareholders). I.E. Deprived will not pay you back (he is very clear about this in his contract). These are all justifications for offering a higher rate of return. It's likely the only way he can issue debt given his recent negative publicity.
There is a lot that would have to go wrong before BTC-BOND doesn't pay back. I for one have relied on BTC-BOND for years to provide a reasonably safe place to store 20-30% of my capital. When I ask myself, is it logical for me to assign the same level of credibility to Deprived, I have to say "no". That is why Deprived is offering more money. Because it's the only way he can compete with BTC-BOND.
p.s. I just bought some BTC nam, will be buying more BTC-BOND for BMF. Thanks!
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Bump.
Anyone? Would like to get the remaining bonds sold.
Anyone? Would like to get the remaining bonds sold.
Now that Deprived has opened his bond paying 60% more than yours on btct, it will be hard to get people to buy your bond.
Bump.
Anyone? Would like to get the remaining bonds sold.
Anyone? Would like to get the remaining bonds sold.
It's on BTCT.co, there's no microtransaction needed.
To expand on this because I'm not sure everyone will understand what you mean, the only things that go onto the blockchain (where dust rules are in effect if nodes stick with the default configuration) are deposits and withdrawals, everything else is handled by the exchange locally in a normal database. Dividends are just added to the site's information about your current balance. Jump to: