Topic: [Cryptostocks] Bitbond 200Gh/s 105% PPS mining bond - Relaunched - page 8. (Read 38728 times)
August 05, 2012, 11:51:56 PM
Deposits finally showed up in GLBSE and payouts were paid
August 05, 2012, 10:15:31 AM
Payouts are coming. Waiting on some very slow confirmations (1 confirmation took 90 mins!) 
Update: One of my deposits to GLBSE is not showing up. "Check for deposits" button isn't doing any good either. Block chain explorer shows it was confirmed a while ago. Grrr. I'll keep checking it.
Update: One of my deposits to GLBSE is not showing up. "Check for deposits" button isn't doing any good either. Block chain explorer shows it was confirmed a while ago. Grrr. I'll keep checking it.
August 05, 2012, 10:13:51 AM
When will this transfer happen?
Upgrade orders will take plane in advance of the ASICs shipping once a shipment date is known and nearing. The actual conversion will happen once the ASICs arrive and are running.
August 01, 2012, 05:46:50 PM
When will this transfer happen?
August 01, 2012, 05:44:31 PM
obviously per share.
August 01, 2012, 02:59:26 PM
It's still not clear to me: is this fee to be paid per share or per bondholder for any number of shares he behold?
July 31, 2012, 05:03:51 AM
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
In other words, assuming a value of 0.50BTC per BITBOND share:
Free: 12.5 Mh/s for 0.50BTC = 25 Mh/s per BTC, or 0.0400BTC / 1 Mh/s
Small: 45 Mh/s for 0.75BTC = 60 Mh/s per BTC, or 0.0167BTC / 1 Mh/s
Large: 450 Mh/s for 6BTC = 75 Mh/s per BTC, 0.0133BTC / 1 Mh/s
Sign me up!
That's the reaction I was looking for. I think it's a very competitive upgrade option that will let everyone increase their profit! July 31, 2012, 05:02:44 AM
Quote
The bond will continue perpetually. The bond issues reserves the right purchase back coupons at 110% of the 15 day average trading price on GLBSE.
Since BITBOND will not be continued in perpetually (or will it stay around alongside BITBOND.ASIC?) will those that don't switch be purchased back at 110% of the 15 day average trading price?
The idea is that BITBOND will converted to BITBOND.ASIC. Bondholders will get a free upgrade automatically. In that way it will continue perpetually. Once ASICs become available I expect difficulty to increase a lot, hence the free upgrade.
July 31, 2012, 04:55:52 AM
So if I have saying 10 regular BITBONDs I need to pay 0.25 for each to get them converted into 10 BITBOND.ASIC, right?
It's 1:1 in the sense that one 2Mh/s BITBOND today will convert for free into one 12.5Mh/s BITBOND.ASIC. You will also have the option of upgrading if you want more hashes for a small upgrade fee.
July 31, 2012, 03:36:00 AM
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
In other words, assuming a value of 0.50BTC per BITBOND share:
Free: 12.5 Mh/s for 0.50BTC = 25 Mh/s per BTC, or 0.0400BTC / 1 Mh/s
Small: 45 Mh/s for 0.75BTC = 60 Mh/s per BTC, or 0.0167BTC / 1 Mh/s
Large: 450 Mh/s for 6BTC = 75 Mh/s per BTC, 0.0133BTC / 1 Mh/s
Sign me up!
July 30, 2012, 08:54:09 PM
Lots of news!
General Announcements
* Payouts for this week have been paid
* Last week 37,000 bonds were sold bringing the total hashrate sold to 176,276 Mh/s
* No BITBONDs will be issued beyond 100,000 bonds (200 Gh/s)
* The final 11,862 are available to large investors (200 btc and above)
* The 110% PPS special rate has ended as a part of the recent sale of bonds. BITBONDs will return to their 105% PPS rate for the foreseeable future
BITBOND ASIC Upgrade Program Announcement
A while back I put in an ASIC order with BFL. Today I am announcing my plans for the BITBOND ASIC upgrade. I have shared the plan with large investors already and would like to have your feedback as well.
Here are the broad strokes. When the ASICs arrive, BITBONDs will be converted to BITBOND.ASIC. BITBOND.ASIC will be a 100% PPS bond and act just as BITBOND does today, except at a higher hash rate courtesy of the ASICs. All bondholders at the time of the conversion will receive a free upgrade. Bondholders have the option of a paid upgrade as well, as outlined below.
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
General Announcements
* Payouts for this week have been paid
* Last week 37,000 bonds were sold bringing the total hashrate sold to 176,276 Mh/s
* No BITBONDs will be issued beyond 100,000 bonds (200 Gh/s)
* The final 11,862 are available to large investors (200 btc and above)
* The 110% PPS special rate has ended as a part of the recent sale of bonds. BITBONDs will return to their 105% PPS rate for the foreseeable future
BITBOND ASIC Upgrade Program Announcement
A while back I put in an ASIC order with BFL. Today I am announcing my plans for the BITBOND ASIC upgrade. I have shared the plan with large investors already and would like to have your feedback as well.
Here are the broad strokes. When the ASICs arrive, BITBONDs will be converted to BITBOND.ASIC. BITBOND.ASIC will be a 100% PPS bond and act just as BITBOND does today, except at a higher hash rate courtesy of the ASICs. All bondholders at the time of the conversion will receive a free upgrade. Bondholders have the option of a paid upgrade as well, as outlined below.
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
Quote
The bond will continue perpetually. The bond issues reserves the right purchase back coupons at 110% of the 15 day average trading price on GLBSE.
Since BITBOND will not be continued in perpetually (or will it stay around alongside BITBOND.ASIC?) will those that don't switch be purchased back at 110% of the 15 day average trading price?
July 30, 2012, 01:55:04 PM
So if I have saying 10 regular BITBONDs I need to pay 0.25 for each to get them converted into 10 BITBOND.ASIC, right?
July 30, 2012, 04:00:17 AM
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
If paid 0.25 then u get 45.
If paid 5.5(not 10*0.25=2.5) then u get 450
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
If paid 0.25 then u get 45.
If paid 5.5(not 10*0.25=2.5) then u get 450
July 29, 2012, 02:44:56 PM
Great news! 
Could you explain the exchange process more in details?
Could you explain the exchange process more in details?
July 29, 2012, 12:20:44 PM
Lots of news!
General Announcements
* Payouts for this week have been paid
* Last week 37,000 bonds were sold bringing the total hashrate sold to 176,276 Mh/s
* No BITBONDs will be issued beyond 100,000 bonds (200 Gh/s)
* The final 11,862 are available to large investors (200 btc and above)
* The 110% PPS special rate has ended as a part of the recent sale of bonds. BITBONDs will return to their 105% PPS rate for the foreseeable future
BITBOND ASIC Upgrade Program Announcement
A while back I put in an ASIC order with BFL. Today I am announcing my plans for the BITBOND ASIC upgrade. I have shared the plan with large investors already and would like to have your feedback as well.
Here are the broad strokes. When the ASICs arrive, BITBONDs will be converted to BITBOND.ASIC. BITBOND.ASIC will be a 100% PPS bond and act just as BITBOND does today, except at a higher hash rate courtesy of the ASICs. All bondholders at the time of the conversion will receive a free upgrade. Bondholders have the option of a paid upgrade as well, as outlined below.
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
General Announcements
* Payouts for this week have been paid
* Last week 37,000 bonds were sold bringing the total hashrate sold to 176,276 Mh/s
* No BITBONDs will be issued beyond 100,000 bonds (200 Gh/s)
* The final 11,862 are available to large investors (200 btc and above)
* The 110% PPS special rate has ended as a part of the recent sale of bonds. BITBONDs will return to their 105% PPS rate for the foreseeable future
BITBOND ASIC Upgrade Program Announcement
A while back I put in an ASIC order with BFL. Today I am announcing my plans for the BITBOND ASIC upgrade. I have shared the plan with large investors already and would like to have your feedback as well.
Here are the broad strokes. When the ASICs arrive, BITBONDs will be converted to BITBOND.ASIC. BITBOND.ASIC will be a 100% PPS bond and act just as BITBOND does today, except at a higher hash rate courtesy of the ASICs. All bondholders at the time of the conversion will receive a free upgrade. Bondholders have the option of a paid upgrade as well, as outlined below.
* Free: 2M/s BITBOND converts to 12.5Mh/s BITBOND.ASIC for free
* Small upgrade: 2M/s BITBOND converts to 45Mh/s BITBOND.ASIC for 0.25 btc
* Large upgrade: 2M/s BITBOND converts to 450Mh/s BITBOND.ASIC for 5.5 btc
July 29, 2012, 04:22:47 AM
Payouts coming.... Waiting on some confirmations in the next several hours
Also, some big announcements coming with the payouts
Also, some big announcements coming with the payouts
July 22, 2012, 07:02:45 AM
Weekly payout paid! 110% PPS payouts will continue for this next week
July 15, 2012, 01:58:29 AM
Weekly payout paid! Enjoy your weekend!
July 13, 2012, 11:06:07 AM
Weekly coupon payment paid.
Because of the delay in payment I paid bondholders 112% this week. Thank you for your patience!
Because of the delay in payment I paid bondholders 112% this week. Thank you for your patience!
Many thanks, btw I PM'D you yesterday when you have a moment, no rush & also I see that I misunderstood the part that I quoted from the OP in my PM so please to ignore my question about that bit.
July 09, 2012, 08:11:02 PM
Dividends late...again...
GLBSE is as slow as molasses. Would be nice if GLBSE had a feature where dividends/coupons could be setup to be paid in the future. Then securities could trade like real ones with x-div dates and there would be no excuse for late payments.
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