[CLOSED] CIUCIU.BOND - page 4. | Bitcointalksearch.org

ciuciu

donator

Activity: 588

Merit: 500

Quote from: nimda on July 26, 2012, 04:59:41 PM

it is not a new concept, so here's some things we should see based on the historic performance of other bonds:
- Given a "I can buyback any time at X" price, the bonds will rarely be bought for much above X
- Price dips will be bigger than spikes due to the opportunity cost of bids
- tiny bids and huge asks wil ruin the depth chart
- People looking to compound will provide some of the buying pressure
- Announcing an end to the bond (buyback) will actually drive the price higher as people remove their asks

I hope you've enjoyed this free installment of Nimda's Market Predictions; the tip jar is below Tongue

You are right in your predictions.

I'm not looking to reinvent the wheel, I just want to offer risk adverse people the best weekly rate on GLBSE. The bond is 100% guaranteed from my reserves and I'm fully verified.

Thank you.

der_meister

full member

Activity: 155

Merit: 100

One more thing I want to see - supported bid wall at 0.1 btc to make cash out easy at any time. Roll Eyes

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

it is not a new concept, so here's some things we should see based on the historic performance of other bonds:
- Given a "I can buyback any time at X" price, the bonds will rarely be bought for much above X
- Price dips will be bigger than spikes due to the opportunity cost of bids
- tiny bids and huge asks wil ruin the depth chart
- People looking to compound will provide some of the buying pressure
- Announcing an end to the bond (buyback) will actually drive the price higher as people remove their asks

I hope you've enjoyed this free installment of Nimda's Market Predictions; the tip jar is below Tongue

ciuciu

donator

Activity: 588

Merit: 500

Quote from: der_meister on July 26, 2012, 01:52:23 PM

And buyback price, too. I'm definitely interested.

I added the buyback price.

ciuciu

donator

Activity: 588

Merit: 500

Quote from: nimda on July 26, 2012, 01:22:14 PM

Please define the circumstances under which a buyback can occur.

Hi,

I'm going to use the buyback option when I will no longer be able to maintain the 1.1% weekly dividend.

Thanks for your interest.

der_meister

full member

Activity: 155

Merit: 100

And buyback price, too. I'm definitely interested.

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

Please define the circumstances under which a buyback can occur.

ciuciu

donator

Activity: 588

Merit: 500

2012/02/01 Claim process CLOSED! Please check your email you had registered with GLBSE and follow the instructions! Please claim by March 15th.

As you may know, the first emission of CIUCIU.BOND is now live on GLBSE https://glbse.com/asset/view/CIUCIU.BOND

CIUCIU.BOND pays 1.1% of face value every Friday. Percentage will remain at 1.1%/week until the bond is bought back by the bond-issuer. Bonds will be issued at .1 BTC, and each share will pay .0011 BTC weekly. There is no limit on how many bonds may be issued, nor when they may be issued. Bonds can be issued and sold without warning by the bond-issuer at any price. Bonds cannot be sold back to the bond-holder except in case of a buyback. CIUCIU.BND does not have a set date of maturity.
The buyback price is set at 0.1011 BTC per share.
The bond-issuer is not permitted to change this contract at any time under any circumstance.

Thank you.

Topic: [CLOSED] CIUCIU.BOND - page 4. (Read 6335 times)