Closing | Bitcointalksearch.org

The00Dustin

hero member

Activity: 807

Merit: 500

Quote from: DutchBrat on September 24, 2012, 09:04:00 AM

So I guess div could go lower if BTC stays at this level Sad

If the investment vehicle being used continues to pay consistently, and the fiat-USD conversion stays consistent, the dividend will stay consistent. The price people are willing to sell the bond for is irrelevant, because it doesn't change the initial amount invested. When new bonds are issued, they are issued at .1, so no new bonds are being issued, but new bonds aren't necessary to maintain the dividend (except in a ponzi, but opinions about that are not relevant to how this bond allegedly works). The benefit to new bonds before was that they were buying more USD because the conversion rate was going up. The bond could stay this low and the dividend could come back up if the investment vehicle continues to pay consistently and the fiat-BTC conversion rate drops. Technically, the dividend could go up if the investment vehicly paid less while the fiat-USD rate dropped more, or it could go down while the investment vehicle pays more if the fiat-USD rate climbs as well.

Summary: The fiat-BTC conversion rate staying consistent would remove it as a factor on dividend rates, not lower them.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: Bitcoin Oz on September 24, 2012, 09:06:38 AM

This is the cancer killing bitcoin.

Never invest in a Ponzi more than you can afford to lose (and be ready to run fast as hell at the first alarm bell).
But yes: All of us should learn to require lots of guarantees before entering any trade, but this would probably slow the BTC economy to a standstill.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

It doesnt help when "low risk funds" you are invested in go and buy this shit. That happened to me with pirate now its happening again with this ponzi. Im pretty disillusioned at this point.

This is the cancer killing bitcoin.

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: EskimoBob on September 24, 2012, 06:16:51 AM

Quote from: bitcoinbear on September 23, 2012, 09:30:56 PM

Quote from: 001sonkit on September 22, 2012, 10:06:43 PM

Quote from: bitcoinbear on September 22, 2012, 05:39:29 PM

At 0.5 % per day, this is still the highest dividends on the GLBSE.

Really? Take a look at BIF.1YR.LOAN, they provide 4%/wk, while OBSIHRPT provide (100.5%^7)-1 (3.553%/wk).

Perhaps, the new "maybe ponzi" WIT offer 0.2~1.2%. But with the unknowns of HRPT which they may offer 0.2-0.5%, the price would likely to fluctuate greatly. Perhaps it's likely to go 0% in not a long time

Take your own risk.

Actually, the latest price is .085, so if you buy at that price you actually get 4.1% per week. I suppose I should have said "HRPT is still one of the highest dividends on the GLBSE."

If dividend was reduced by 50%, why is anyone willing to pay more than 1/2 of the IPO price for this?
Was the risk reduced?
If last weekends dump of new shares failed (no buyers at that price), can you keep up the reduced div payments?
I think one of the most important question is: "Did the "debt collector business" paid you the weekly dividends or was it automatically reinvested into "building the location?"

Quote from: ?? on ??

Quote from: Undefined31415 on September 22, 2012, 04:35:44 PM

.

Is there any chance of dividends getting back up to 1%/day? (Although I'm not complaining about .5%/day, that's still pretty good.)

Our current avg conversion rate is in the very low $11's. If BTC prices drop below that, 1% is achievable. I was using new sales to help move up the avg conversion rate, but the market seems to be saturated now, so it will take reduced coupons to attempt this.

If BTC prices continue their slow climb, expect further reductions in coupon rate, as I can no longer adjust our avg conversion rate quickly via new sales.

We should see 0.5% for the next 4-5 days, but if next Friday's payment is as anemic as the last two, coupon rates will drop further. Consider this notice that the "Estimated Minimum Daily Payout" may be reduced if we continue to be battered by this "perfect storm" of unfortunate circumstances.

So I guess div could go lower if BTC stays at this level Sad

Bugpowder

sr. member

Activity: 394

Merit: 250

The last price is not 0.64.... Still not much support.

bitcoinbear

hero member

Activity: 518

Merit: 500

Quote from: EskimoBob on September 24, 2012, 06:16:51 AM

If dividend was reduced by 50%, why is anyone willing to pay more than 1/2 of the IPO price for this?
Was the risk reduced?
If last weekends dump of new shares failed (no buyers at that price), can you keep up the reduced div payments?
I think one of the most important question is: "Did the "debt collector business" paid you the weekly dividends or was it automatically reinvested into "building the location?"

Good point. Also, dividends are not everything, the total return is not good for people who bought at .105, since the share price is dropping.

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: bitcoinbear on September 23, 2012, 09:30:56 PM

Quote from: 001sonkit on September 22, 2012, 10:06:43 PM

Quote from: bitcoinbear on September 22, 2012, 05:39:29 PM

At 0.5 % per day, this is still the highest dividends on the GLBSE.

Really? Take a look at BIF.1YR.LOAN, they provide 4%/wk, while OBSIHRPT provide (100.5%^7)-1 (3.553%/wk).

Perhaps, the new "maybe ponzi" WIT offer 0.2~1.2%. But with the unknowns of HRPT which they may offer 0.2-0.5%, the price would likely to fluctuate greatly. Perhaps it's likely to go 0% in not a long time

Take your own risk.

Actually, the latest price is .085, so if you buy at that price you actually get 4.1% per week. I suppose I should have said "HRPT is still one of the highest dividends on the GLBSE."

If dividend was reduced by 50%, why is anyone willing to pay more than 1/2 of the IPO price for this?
Was the risk reduced?
If last weekends dump of new shares failed (no buyers at that price), can you keep up the reduced div payments?
I think one of the most important question is: "Did the "debt collector business" paid you the weekly dividends or was it automatically reinvested into "building the location?"

bitcoinbear

hero member

Activity: 518

Merit: 500

Quote from: 001sonkit on September 22, 2012, 10:06:43 PM

Quote from: bitcoinbear on September 22, 2012, 05:39:29 PM

At 0.5 % per day, this is still the highest dividends on the GLBSE.

Really? Take a look at BIF.1YR.LOAN, they provide 4%/wk, while OBSIHRPT provide (100.5%^7)-1 (3.553%/wk).

Perhaps, the new "maybe ponzi" WIT offer 0.2~1.2%. But with the unknowns of HRPT which they may offer 0.2-0.5%, the price would likely to fluctuate greatly. Perhaps it's likely to go 0% in not a long time

Take your own risk.

Actually, the latest price is .085, so if you buy at that price you actually get 4.1% per week. I suppose I should have said "HRPT is still one of the highest dividends on the GLBSE."

Slushpuppy

member

Activity: 106

Merit: 10

Just invest in satoshiDICE

001sonkit

hero member

Activity: 784

Merit: 1000

Casper - A failed entrepenuer who looks like Zhou

Quote from: bitcoinbear on September 22, 2012, 05:39:29 PM

At 0.5 % per day, this is still the highest dividends on the GLBSE.

Really? Take a look at BIF.1YR.LOAN, they provide 4%/wk, while OBSIHRPT provide (100.5%^7)-1 (3.553%/wk).

Perhaps, the new "maybe ponzi" WIT offer 0.2~1.2%. But with the unknowns of HRPT which they may offer 0.2-0.5%, the price would likely to fluctuate greatly. Perhaps it's likely to go 0% in not a long time

Take your own risk.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: Undefined31415 on September 22, 2012, 04:35:44 PM

.

Is there any chance of dividends getting back up to 1%/day? (Although I'm not complaining about .5%/day, that's still pretty good.)

At this point Id be more concerned about getting your principal back rather than coupon payments

bitcoinbear

hero member

Activity: 518

Merit: 500

At 0.5 % per day, this is still the highest dividends on the GLBSE.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: dust on September 22, 2012, 05:33:20 AM

Anyone have shares to borrow? I would like to short 1000 shares.

Thanks to the god of ponzis, this time I pulled out just in time (yesterday). whew!

Undefined31415

sr. member

Activity: 336

Merit: 253

Gone phishing...

.

Is there any chance of dividends getting back up to 1%/day? (Although I'm not complaining about .5%/day, that's still pretty good.)

Francesco

sr. member

Activity: 252

Merit: 250

Quote from: dust on September 22, 2012, 05:33:20 AM

Anyone have shares to borrow? I would like to short 1000 shares.

Didn't Nefario promise to allow shorting? From what i remember, it should be implemented by now.

dust

hero member

Activity: 840

Merit: 1000

Anyone have shares to borrow? I would like to short 1000 shares.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: ?? on ??

Today's daily coupon has been paid @ 1% of IPO price.

Thank you.

I went to try and sell out some of my HRPT before the weekend, and I noticed that someone was trying to sell over 10,000 shares at or below 0.1.

o_O

I placed some asks but wow, no one is buying. I would have thought people would step in like mad and buy a few shares but I guess someone knows something I don't :/

ROFL!

puffn

full member

Activity: 126

Merit: 100

If this is a ponzi scheme, this makes sense. Lowering the payout right now will limit his total loss in the case that the price keeps plummeting, and he can no longer sell bonds. Just saying.

Fizzgig

full member

Activity: 154

Merit: 100

Obsi if you are not a scammer, then hats off to the size of that buffer, well timed! =)

Deprived

hero member

Activity: 532

Merit: 500

Quote from: ?? on ??

Looks like we're on a slow climb in price again, which will eventually erode the buffer enough that without new sales & BTC price retargeting the coupon will drop.
Edit: I have now edited the OP to reflect this.

'eventually' didn't take long to arrive.

Topic: Closing (Read 20643 times)