Topic: closed - page 5. (Read 14906 times)
sdfssd
What was the IPO price by the way?
I think it was supposed to be 1.3, but the first several trades were at 1.28.
It looks like only 130 shares have been sold in the past hour and 45 mins (since 2 PM UTC / 10 AM Eastern). Where are the other 220?
I just have to say I have some YARR shares and dividends have been paid every day without fail.
He wrote "at IPO price", not "none at all".
What was the IPO price by the way?
I'd still be interested in paying in various PPT shares instead of BTC (maybe at a premium? 11 TYGRR.BOND-P for 10 YARR or even 6 for 5) since liquidating them just because I might be able to get some YARR shares (which with all these bots around might likely be sniped away from me) would be quite costly...
What was the IPO price by the way?
I'd still be interested in paying in various PPT shares instead of BTC (maybe at a premium? 11 TYGRR.BOND-P for 10 YARR or even 6 for 5) since liquidating them just because I might be able to get some YARR shares (which with all these bots around might likely be sniped away from me) would be quite costly...
Yarr!
Response has been phenomenal, thank you. We are now balanced at 500 shares.
No new shares will be issued at IPO price for the remainder of the month. There will be no exceptions.
New shares will be issued next month on or after August 1st at a time to be announced. I will lock this thread in 72 hours.
Thank you one and all! We love you, we love you every day.
edit: or did someone sell them back to you?
looks good!
Somoene placed a bid of 2.0 before LOL
Thats pretty nuts.
Thats pretty nuts.
Well, theoretically, if someone is willing to pay 1.05 for a share of FOO, which is completely uninsured, they should be willing to pay 2 for a share of YARR. In a pirate default you get 1 bitcoin back from YARR, so it's actually a better deal if you think pirate will default.
That being said, FIRST YARR DIVVIES GO OUT TODAY ME MATEYS! AHOY! 0.01! AHOY!
Dividends will be paid in just over 3.5 hours from the timestamp on this post...
ARRRR !
Somoene placed a bid of 2.0 before LOL
Thats pretty nuts.
Thats pretty nuts.
Please disclose the claims paying ability of CPA such as a basic three line balance sheet (assets, liability, spare liquid assets). Without this information, the 100% insurance is only as good as the backer, and I'm not interested in taking "someone's word" on this. An investor now has to rely on YARR, CPA and BS&T all doing their best to meet obligations.
As a counter example, Starfish BCB backs deposits (approx 9000BTC worth) with assets of approx 29,000 coins.
As a counter example, Starfish BCB backs deposits (approx 9000BTC worth) with assets of approx 29,000 coins.
Oddly enough I didn't see a reply to this in the thread even though I would swear I responded to it earlier.
To put it on record, we will shortly be releasing statements which will assuage your concerns, including a spreadsheet which lists the information you have requested. The reason why it hasn't been released already is that we need to put a public face on what amounts to private customer data. We can't release the actual spreadsheets we use to track accounts because they contain sensitive customer information. You can, however, buy in as an insider and receive direct access to the company spreadsheets. Several people have gone that route and I must say, any one of them are qualified to answer your questions. That they have not chosen to do so already is their own prerogative. I won't reveal their names in public as some of them have requested anonymity but if they choose to do so that is up to them.
Hello,
Do you have a date to the release of these documents? I'm curious at how you can insure 10 000 btc from a "business" in which risk cannot be asserted (except as being very very high).
Anyway I bought CPA shares as I think this can be a very good deal, in the short run anyway
Very interesting proposal
Can't wait to get shares of this - my first on GLBSE.
Can't wait to get shares of this - my first on GLBSE.
Quote
And no.. I did not read the faq... maybe you or someone else can direct me to it's location..
tsukino.ca/cpa/faq
For what it's worth I'm sorry if you feel I am arrogant but put yourself in my shoes -- you are telling me that you are not going to invest money with CPA unless you get more disclosure. But you haven't bothered to read the discussion threads which link to the CPA website
You really should go there first, and read the discussion thread. All of what you have asked for is there.
thanks for the faq link.. I have somehow missed all that!!!
Gonna read it and re-think the situation..
I apologize
What a great response to my question. It appears you're insulting me, but you're simultaneously not giving me any information on what I did wrong.
Where can I find info about your backers for this project? This is kind of necessary for having insured bonds I think.
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
Out of curiosity, what are you investing in now? I don't see why CPA or YARR is special and has to provide any extra information.
I was having a few CPA and have a bunch of YARR reserved, but cancelling those until I know what u are doing. My other investments are not so interesting for you..
If I'm going to insure or buy stocks or bonds or something with your ''fully legitimate'' insurance company then i want to know where to come and get my money in case of something goes wrong.. Your replies and answers are a little too arrogant/ignorant for having me investing in you.. And no.. I did not read the faq... maybe you or someone else can direct me to it's location..
Where can I find info about your backers for this project? This is kind of necessary for having insured bonds I think.
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
Out of curiosity, what are you investing in now? I don't see why CPA or YARR is special and has to provide any extra information.
Are you really saying that you won't identify on the GLBSE, so there is zero collateral for you running off with all the money?
Where can I find info about your backers for this project? This is kind of necessary for having insured bonds I think.
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
And are you planning to verify your address and phone number, Kind of funny to start the first ''serious'' bitcoin based insurance company and not even list/verify their address or phone number for their investors....?
I am super interested in both CPA and YARR, but without having this info I can not invest in you. I mean anyone can say their product is insured or even triple insured and still go with the money..
You pay 6 100th of 1 Bitcoin per week on 6 out of 7 days. If you pay 6 bitcents spread on 7 days, you pay 6/700 of 1 Bitcoin every day. There might be a slight loss due to rounding errors, but that's it.
#4 is because even if Pirate himself doesn't default he might push out (because he's just such a honest guy taking care not to get too much money...) your account(s) with a forced withdrawal. Then you'd need to come up with the interest on your own (unlikely) or buy back at 1.3 (not 1.0, as pirate didn't default) or say that one of the backing investments changed their terms and you can only pay out 4 Bitcents per week or so... To properly assess that risk (well, one of the few risks that is actually assessable concerning pirate) we'd need to kow the date these accounts were opened.
#4 is because even if Pirate himself doesn't default he might push out (because he's just such a honest guy taking care not to get too much money...
) your account(s) with a forced withdrawal. Then you'd need to come up with the interest on your own (unlikely) or buy back at 1.3 (not 1.0, as pirate didn't default) or say that one of the backing investments changed their terms and you can only pay out 4 Bitcents per week or so... To properly assess that risk (well, one of the few risks that is actually assessable concerning pirate) we'd need to kow the date these accounts were opened. Quote
Each bond you buy can be exchanged for 1 bitcoin face value AT ANY TIME!
vs.Quote
C-3. We will fill any ask placed at 1 bitcoin or less within a reasonable time frame.
and
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And the beautiful thing is, each bond pays out 0.01 bitcoins EVERY DAY! (except Sundays!)
You read that right -- if pirate defaults we will buy back your bonds for 1 bitcoin each!
And they pay 0.01 bitcoins EVERY DAY!
You read that right -- if pirate defaults we will buy back your bonds for 1 bitcoin each!
And they pay 0.01 bitcoins EVERY DAY!
* Will there be a bidwall at 1.0 BTC operated by you all the time?
* Why 0.01 "every" day (except sundays) instead of 6/700 BTC really every day?
* Can we trade in existing PPT shares?
* How old is your pirate account and who owns it?
The ipo says you will pay 0.01 every day but contract says except Sunday. What is it?
It pays out every day except for sundays.
It doesnt say 7 days a week except sundays
The ipo says you will pay 0.01 every day but contract says except Sunday. What is it?
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