[BTC-TC] YABMC - page 21. | Bitcointalksearch.org

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: JWU42 on 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.

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

https://bitcointalksearch.org/topic/m.987839

HorseRider

donator

Activity: 1120

Merit: 1001

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.

JWU42

legendary

Activity: 1666

Merit: 1000

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.

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

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.

JWU42

legendary

Activity: 1666

Merit: 1000

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 **

JWU42

legendary

Activity: 1666

Merit: 1000

On the yield, quite correct, at .15 (which was available at one point yesterday) the current weekly yield is 2.7186% Shocked

totaleclipseofthebank

sr. member

Activity: 451

Merit: 250

The weekly yield has gone up to pirate-style levels... seems like quite an overcorrection

viboracecata

legendary

Activity: 1316

Merit: 1000

Varanida : Fair & Transparent Digital Ecosystem

The price dropped so quickly

JWU42

legendary

Activity: 1666

Merit: 1000

There are still 54K+ shares that received a coupon...

gewure

sr. member

Activity: 364

Merit: 250

[#][#][#]

to whom if i may ask?

thought after lasts week selling, theres nobody left to pay.

JWU42

legendary

Activity: 1666

Merit: 1000

Coupon paid...

JWU42

legendary

Activity: 1666

Merit: 1000

Coupon paid - enjoy the weekend!

JWU42

legendary

Activity: 1666

Merit: 1000

For those that do not follow the YABMC Growth thread...

https://bitcointalksearch.org/topic/m.958401

JWU42

legendary

Activity: 1666

Merit: 1000

Coupon paid - have a great week!

JWU42

legendary

Activity: 1666

Merit: 1000

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.

JWU42

legendary

Activity: 1666

Merit: 1000

https://bitcointalksearch.org/topic/m.950094

Update on the growth of YABMC - a pause for now

JWU42

legendary

Activity: 1666

Merit: 1000

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 **

JWU42

legendary

Activity: 1666

Merit: 1000

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

Sukrim

legendary

Activity: 2618

Merit: 1007

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

JWU42

legendary

Activity: 1666

Merit: 1000

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

Topic: [BTC-TC] YABMC - page 21. (Read 45373 times)