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Topic: [BTC-TC] YABMC - page 21. (Read 45300 times)

donator
Activity: 1120
Merit: 1001
June 24, 2012, 08:43:09 PM
DiabloD3,

Appreciate the comment...

I will review with PH and HK and advise.  I doubt that we will be changing the contract and IF we had any intent it would be a new offering.



I think upgrade the contract when ASIC coming out is fair enough. just like gigavps intended to do:

https://bitcointalksearch.org/topic/m.987839
donator
Activity: 1120
Merit: 1001
June 24, 2012, 10:20:06 AM
Sorry for double posting what I said in other threads. However, I want to the YABMC investor notice the situation here. The price of YAMBC plunged so fast.

Now this is a negative bubble which is going to burst with a fast price recovery. I have already bought some bond(YABMC).

how fast will the ASIC coming out to the world? I don't think Ciuciu give any margin to those who lend the bond.if he lose the bet, what kind of back up plans does use to cover the loss? This short action is so huge. Is there any possibility that people will never get back their bonds and wealth again? I'm not doubting the personality or credibitlity of ciuciu, I just see there is risk.

If ciuciu is so sure about the future, why didn't he just issue some bond which cost him much less time and bitcoin? I think he is just making a short term trend and bluffing those herding bond traders.

In the coming future weeks, the bitcoin exchange rate is supposed to stick around 6.5 for a while, and ASIC cannot come to the market so fast, and ciuciu may cover some of his short positions, don't mention that there will also be some dividend.

let us see what will happen next 3 weeks.
legendary
Activity: 1666
Merit: 1000
June 24, 2012, 06:27:04 AM
DiabloD3,

Appreciate the comment...

I will review with PH and HK and advise.  I doubt that we will be changing the contract and IF we had any intent it would be a new offering.

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
June 23, 2012, 11:30:37 PM
Hey JWU42, have you considered replacing YABMC with a fixed dividend bond instead of per mh? It would go a long way to stabilize GLBSE's wild fluctuations, and clearly you can grow your farm fast enough to keep up.
legendary
Activity: 1666
Merit: 1000
June 22, 2012, 09:16:56 AM
Coupon paid this morning - will update post #2 and add the new yield data with the diff change and reflective of current pricing.


Return:
Daily        BTC 0.00058256 (582.56 μBTC)
Daily ROI   0.3066%
Weekly   2.1463%
Monthly   9.3261%

** As of 6/22/2012 (Ask @ 0.189999) with 50 BTC reward and Difficulty at 1,726,566.55919348 **
legendary
Activity: 1666
Merit: 1000
June 21, 2012, 07:03:51 AM
On the yield, quite correct, at .15 (which was available at one point yesterday) the current weekly yield is 2.7186%  Shocked
sr. member
Activity: 451
Merit: 250
June 20, 2012, 09:44:28 PM
The weekly yield has gone up to pirate-style levels... seems like quite an overcorrection
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
June 20, 2012, 09:42:27 PM
The price dropped so quickly
legendary
Activity: 1666
Merit: 1000
June 19, 2012, 10:39:58 AM
There are still 54K+ shares that received a coupon...
sr. member
Activity: 364
Merit: 250
[#][#][#]
June 19, 2012, 09:18:50 AM
to whom if i may ask?

thought after lasts week selling, theres nobody left to pay. 
legendary
Activity: 1666
Merit: 1000
June 19, 2012, 07:03:20 AM
Coupon paid...
legendary
Activity: 1666
Merit: 1000
June 15, 2012, 07:01:16 AM
Coupon paid - enjoy the weekend!
legendary
Activity: 1666
Merit: 1000
June 12, 2012, 04:53:00 PM
For those that do not follow the YABMC Growth thread...

https://bitcointalksearch.org/topic/m.958401
legendary
Activity: 1666
Merit: 1000
June 12, 2012, 07:02:07 AM
Coupon paid - have a great week!
legendary
Activity: 1666
Merit: 1000
June 10, 2012, 07:56:08 PM
Post #2 updated with calculation details for Friday's coupon.  We had a diff change so one extra step involved...

Tuesday's coupon is known as diff will not change -- 0.00254129 per bond.
legendary
Activity: 1666
Merit: 1000
June 08, 2012, 04:41:36 PM
https://bitcointalksearch.org/topic/m.950094

Update on the growth of YABMC - a pause for now
legendary
Activity: 1666
Merit: 1000
June 08, 2012, 03:25:36 PM
Updated return information - paying almost 1.6% weekly!!!

Return:
Daily        0.00063532 BTC (635.32 μBTC)
Daily ROI   0.2269%
Weekly   1.5883%
Monthly   6.9016%

** As of 6/8/2012 (Ask @ 0.28) with 50 BTC reward and Difficulty at 1583177.84744401 **
legendary
Activity: 1666
Merit: 1000
June 08, 2012, 03:14:39 PM
It finally makes sense - apologies for not comprehending this morning...

With > 48,893 shares that was the reason the amount was withheld (48,893 Satoshi).  I will just move over enough to pay out .00054273(1 satoshi per share).

Completed - 1 Satoshi per share now paid out  Grin
legendary
Activity: 2618
Merit: 1007
June 08, 2012, 02:32:04 PM
You have more outstanding shares than that, so some would get 1 Satoshi more than others - that's a "no can do" for GLBSE.

Either you pay out a few Satoshis more and everyone gets the last one or you move it over to the next payment... Wink
legendary
Activity: 1666
Merit: 1000
June 08, 2012, 07:07:36 AM
Coupon paid - will add details on 2nd post later today.  It involved 2 different difficulties so the calculation, while not difficult, is a tad more complex  Wink

Namely we had 201064 seconds at difficulty of 1591074.96184731

and

58136 seconds at current difficulty of 1583177.84744401

EDIT - GLBSE didn't take the full amount of the coupon payment - it was short by 0.00048893 (in total, not per share).  I'll make sure this gets fixed later today.

103.05378529 is the correct total and it paid out 103.0532964  Huh


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