Topic: [BTC-TC] YABMC - page 20. (Read 45300 times)

Return:
Daily        0.00053892 BTC (538.92 μBTC)
Daily ROI   0.3117%
Weekly   2.1818%
Monthly   9.4806%

** As of 7/17/2012 (Ask @ 0.1729) with 50 BTC reward and Difficulty at 1,866,391.30500321 **

Thanks, keep up the good work

Coupon paid (a tad late - apologies).

Have a good week...

Coupon Paid - Have a good weekend...

PS - Paid out the balance of "Rounded Satoshi's" that have accumulated over the past several weeks - the reason for the small second coupon of 20 Satoshi per share...

@Diablo-D3 - Thanks for the kind words...

@ianspain - Thanks for the support and enjoy the > 2.25% weekly yield! 

just purchased 112 shares 

keep up the good work

Congratulations.

YABMC passed 10,000 BTC in total volume on GLBSE today.

Coupon Paid...

Have a good week!

EDIT - Typed this at 7:20am this morning and forgot to post it...

Return:
Daily        0.00057428 BTC (574.28 μBTC)
Daily ROI   0.3368%
Weekly   2.3579%
Monthly   10.2457%

** As of 7/8/2012 (Ask @ 0.170489) with 50 BTC reward and Difficulty at 1751454.53534068 **

Coupon Paid - Enjoy the weekend!

Coupon paid a bit early...

For those in the US, an early wish for a Happy 4th of July!

You really don't know who Chuck D?  Come on man...

On the pricing - the market will work it out.  You should know that last trade is a horrible metric. 

Let me politely escape an argument, consisting of me telling you I told my underwriter it might be in his best interest to sell some bonds before the block reward halve and nothing further than that, with one thing: BFL

Garr255, relax, the whole happening IS just for LULZ. But you had to lift your finger and ruin it for everyone.... damn kids.

Hey look everyone, lulz!

Why is YABMC turd so undervalued, compared to other turds, that float around GLBSE.


Maybe you need to start screaming about ASIC orders too (so what that 1 Mh/s will still be 1Mh/s). Or maybe to need to dream up a elaborate scheme of swapping 1 mh/s turds to 20 Mh/s turds when diff jumps 20x and 1 Mh/s will produce 0 income per week.
Or is it this angry bozo on your icon, that frightens investors?
-----

(As you probably know, those perpetual N MH/s "bonds" are similar to FRN's (Floating Rate Notes). FRN's are also called "floaters", so I am inviting you all to call all the perpetual bitcoin floaters as "Turd(s)".)

Coupon Paid - Have a great weekend!

Coupon paid...

Will update Post #2 later today.

YABMC has a started contract and terms - we intend to honour that contract and have put significant resources into place to enable us to do that.

ASIC as a concept has been around for a long time and has been in various stages of development as can be seen in the various threads in this forum and in other places as well.  Purchasers of YABMC and other mining bonds should have been aware of this as it is a natural evolution, similar to the introduction of GPU hashing during 2011.

As of today, we have a moderately unreliable company (BFL) saying they might have something that works at some stage in the future, and they want (and are getting)  money upfront at no cost for up to six months to build these things.  As can be seen by the introduction of FGPA equipment, GPU mining or mining in general has not been rendered useless.  Even Gigavps and his 200Ghash makes only a small ripple in overall hashing power on the network.

The SC mini-rigs are forecast to add 1Thash each and even assuming BFL built 16 mini-rigs (the current ones) and there are at least (only) four known to be running, that would be 16Th on top of the existing network speed.  Therefore, it is not likely we will see the network increase by a factor of 50 rendering our bonds worthless as some claim, but possibly a modest doubling or trebling sometime over the next twelve months. 

This means the current bonds are still valuable until such time as BFL or someone else actually has something delivered and running, and how long that might be is for individuals to assess based on track record.