[Cryptostocks] Bitbond 200Gh/s 105% PPS mining bond - Relaunched - page 15.

roomservice

full member

Activity: 199

Merit: 100

Quote from: amazingrando on April 11, 2012, 10:26:28 AM

Sale update

I received a lot of interest in the second round bond sale. I discussed the sale with new and existing investors and determined that now was not the right time to put the remaining bonds on the market. I want to build more value for existing investors and give time for new investors will have more time to be ready for the offering.

Meanwhile, for the next two weeks I will be paying out 110% PPS starting with this Saturday's coupon payments. Depending on how well mining goes, I may offer higher PPS in the future as well.

As an investor and holder of a signaficant amount of your shares from the first wave, i'am really glad about this decision!

I'am really convinced more people are willing to buy more shares for 0.6 btc in a week or two when the market gains more liquidity again.

amazingrando

hero member

Activity: 546

Merit: 500

Sale update

I received a lot of interest in the second round bond sale. I discussed the sale with new and existing investors and determined that now was not the right time to put the remaining bonds on the market. I want to build more value for existing investors and give time for new investors will have more time to be ready for the offering.

Meanwhile, for the next two weeks I will be paying out 110% PPS starting with this Saturday's coupon payments. Depending on how well mining goes, I may offer higher PPS in the future as well.

amazingrando

hero member

Activity: 546

Merit: 500

Guess I should review my posts more careful before I post them Grin

Couple of clarifications:

* ~~Offering at the discount price will start Wednesday 4/11 at 9AM Pacific Time and will continue for 24 hours or until 4000 shares are sold.~~ Sale has been canceled

* Transfers on GLBSE are working. Theywere suspended temporarily a few days ago but are have been working for a while now

* I made a mistake in saying that bonds needed to be bought in 100btc blocks. What I meant to say was that I am offering purchases of at least 100 btc, but they do not have to be in blocks. For example, if you wanted to buy 250 bonds (112.5 btc), that's fine. Mostly just want to avoid handling a lot of small transactions.

Kluge

donator

Activity: 1218

Merit: 1015

Going to sleep. I'd love to take 100BTC worth of Bitbonds off you @ the discount price, though.

brendio

hero member

Activity: 518

Merit: 500

Quote from: Garr255 on April 11, 2012, 12:53:21 AM

I don't have 100btc, but I'm still interested in how you'll be going about this without GLBSE enabling you to transfer shares between accounts.

I thought it was re-enabled? The gigamining issue seemed to make use of it.

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

I don't have 100btc, but I'm still interested in how you'll be going about this without GLBSE enabling you to transfer shares between accounts.

stochastic

hero member

Activity: 532

Merit: 500

Quote from: Kluge on April 11, 2012, 12:43:39 AM

Quote from: stochastic on April 11, 2012, 12:42:13 AM

Quote from: amazingrando on April 10, 2012, 11:14:25 PM

24-hour sale coming soon

There are approximately 4,000 shares left of the second round. I have withdrawn them from sale temporarily in order to offer a special sale to try to close out this round.

Starting tomorrow, I will be offering 4,000 bonds at 0.45 btc for 2Mh/s (= 0.225 for 1MH/s or 1.125 btc for 5MH/s) if purchased in blocks of 100btc. And of course, you still get 105% PPS! Also, new bond holders will get the payout from the time of the second round IPO as an added bonus. Any unsold bonds will be held by me (no further bonds will be available for sale)

What time tomorrow and what time zone?

+1. Interested, but unsure how you can ensure a "block" is purchased now that GLBSE has removed asset transfer capability. Need to know if I can go to sleep or not. Lips sealed

I assumed the buyer would put up a bid in multiples of 100 for 0.45. How will it work?

Kluge

donator

Activity: 1218

Merit: 1015

Quote from: stochastic on April 11, 2012, 12:42:13 AM

Quote from: amazingrando on April 10, 2012, 11:14:25 PM

24-hour sale coming soon

There are approximately 4,000 shares left of the second round. I have withdrawn them from sale temporarily in order to offer a special sale to try to close out this round.

Starting tomorrow, I will be offering 4,000 bonds at 0.45 btc for 2Mh/s (= 0.225 for 1MH/s or 1.125 btc for 5MH/s) if purchased in blocks of 100btc. And of course, you still get 105% PPS! Also, new bond holders will get the payout from the time of the second round IPO as an added bonus. Any unsold bonds will be held by me (no further bonds will be available for sale)

What time tomorrow and what time zone?

+1. Interested, but unsure how you can ensure a "block" is purchased now that GLBSE has removed asset transfer capability. Need to know if I can go to sleep or not. Lips sealed

stochastic

hero member

Activity: 532

Merit: 500

Quote from: amazingrando on April 10, 2012, 11:14:25 PM

24-hour sale coming soon

There are approximately 4,000 shares left of the second round. I have withdrawn them from sale temporarily in order to offer a special sale to try to close out this round.

Starting tomorrow, I will be offering 4,000 bonds at 0.45 btc for 2Mh/s (= 0.225 for 1MH/s or 1.125 btc for 5MH/s) if purchased in blocks of 100btc. And of course, you still get 105% PPS! Also, new bond holders will get the payout from the time of the second round IPO as an added bonus. Any unsold bonds will be held by me (no further bonds will be available for sale)

What time tomorrow and what time zone?

BinaryMage

hero member

Activity: 560

Merit: 500

Ad astra.

Quote from: amazingrando on April 10, 2012, 11:14:25 PM

24-hour sale coming soon

There are approximately 4,000 shares left of the second round. I have withdrawn them from sale temporarily in order to offer a special sale to try to close out this round.

Starting tomorrow, I will be offering 4,000 bonds at 0.45 btc for 2Mh/s (= 0.225 for 1MH/s or 1.125 btc for 5MH/s) if purchased in blocks of 100btc. And of course, you still get 105% PPS! Also, new bond holders will get the payout from the time of the second round IPO as an added bonus. Any unsold bonds will be held by me (no further bonds will be available for sale)

As in, we have to purchase ~100 BTC worth of shares at one go to receive the discounted price?

amazingrando

hero member

Activity: 546

Merit: 500

24-hour sale coming soon

There are approximately 4,000 shares left of the second round. I have withdrawn them from sale temporarily in order to offer a special sale to try to close out this round.

Starting tomorrow, I will be offering 4,000 bonds at 0.45 btc for 2Mh/s (= 0.225 for 1MH/s or 1.125 btc for 5MH/s) if purchased in blocks of at least 100btc at a time. And of course, you still get 105% PPS! Also, new bond holders will get the payout from the time of the second round IPO as an added bonus. Any unsold bonds will be held by me (no further bonds will be available for sale)

Sale was canceled

BinaryMage

hero member

Activity: 560

Merit: 500

Ad astra.

Quote from: amazingrando on April 09, 2012, 11:33:44 PM

Quote from: Garr255 on April 09, 2012, 11:19:37 PM

Doing a cash transaction with a friend right now so I can snag a few shares Cheesy

Cool. Even though the bonds didn't sell out in the first day (yet), I think it's just a matter of time. BitBond is the only 105% PPS mining bond, so it doesn't take a lot of math to see that it gives a higher return that other bonds.

Plus, any investor holding bonds on Saturday will receive a payout from the start of round 2 until Saturday 2pm Pacific Time. Wink

Well, regardless of who's got the better bond, there's certainly a large influx right now in any case. I'm sure yours will sell pretty soon.

amazingrando

hero member

Activity: 546

Merit: 500

Quote from: Garr255 on April 09, 2012, 11:19:37 PM

Doing a cash transaction with a friend right now so I can snag a few shares Cheesy

Cool. Even though the bonds didn't sell out in the first day (yet), I think it's just a matter of time. BitBond is the only 105% PPS mining bond, so it doesn't take a lot of math to see that it gives a higher return that other bonds.

Plus, any investor holding bonds on Saturday will receive a payout from the start of round 2 until Saturday 2pm Pacific Time. Wink

Garr255

legendary

Activity: 938

Merit: 1000

What's a GPU?

Doing a cash transaction with a friend right now so I can snag a few shares Cheesy

amazingrando

hero member

Activity: 546

Merit: 500

Welcome back Kaos! Get them while you can! Cheesy

Kaos

member

Activity: 64

Merit: 10

Man, things are heating up around here. I was away for a week (illness/holidays combo) and a helluva things happened. I must transfer some funds to GLBSE asap...

amazingrando

hero member

Activity: 546

Merit: 500

Second round pricing update

After assessing market demand at the original second round offer price and talking with potential investors, I have decided that I will reduce the price for the second round shares quite a bit.

The new price will be 0.625. Don't forget my bonds pay 105% PPS

JWU42

legendary

Activity: 1666

Merit: 1000

Excellent news - best of luck with the offering.

amazingrando

hero member

Activity: 546

Merit: 500

Second (and final) round of bonds are now available on GLBSE.

New investors will receive their first payout on Saturday, April 14

amazingrando

hero member

Activity: 546

Merit: 500

Second Round Pricing Announcement

Pricing for the second round of 5,000 bonds (2Mh/s x 5,000 = 10Gh/s) will be 0.75 btc for 2Mh/s

This reflects the recent rise in Bitbond prices on GLBSE while offering a better return than competitive offerings such as PureMining, which is currently trading at .85 btc for 2 Mh/s and pays less than Bitbond.

Topic: [Cryptostocks] Bitbond 200Gh/s 105% PPS mining bond - Relaunched - page 15. (Read 38727 times)