Topic: [GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade - page 27. (Read 57962 times)

Right, I forgot how annoying Linkedin can be sometimes (I was already connected with Nefario so I could see Alberto's profile before connecting with him). The short story is that he is involved with some of his family's hotels and has founded the failed startups Enso and Wozad.

This makes no sense, if I had offered a personal commitment there would be no need for Alberto to verify with anyone.

Of course you can, https://glbse.com/asset/view/BDT, "Verification".

You're right, it doesn't.

I don't understand the purpose of this line of inquiry or even how it can be meaningfully answered, but I'll check if more information can be made public.

The funds don't need to be raised all at once so you can watch the progress of https://bitdaytrade.com before making any investment decisions.

No and I don't think it really matters. I'm not sure there's a meaningful way to legally force Alberto to commit his assets to paying GLBSE bondholders (and even if there is we have not pursued it), so you're relying on his word that he will pay out. If you think he's lying about the assets then he's also lying about paying and then it doesn't matter if he owns the assets or not.

I'm not sure what Patrick's procedures are but I assume it will be based mostly on data that we provide, so it may not be the independent confirmation that you are looking for.

This Linkdin profile doesnt help when I only get the message (I translated it) "You and this LinkedIn Member have no common contacts. You can only see the profiles of members in your network..." and your word about that he is verified with GLBSE, Mt. Gox and yourself doesnt help when you dont offer a personal commitment to cover Alberto's obligations... while i cannot check if he is really verified with GLBSE, Mt. Gox...


So your word again, besides that "experience" in margin trading doesnt mean that he knows how to make a website successfull...
What experience does he has? Who are his friends? what experience do they have? all a bit wishy-washy


So your word again... Which assets are that? You have proof that no bank is already the real owner?
an independennt rating from Patrick Harnett's seems a good idea.

Alberto is the person with this Linkedin profile, an Italian developer and entrepreneur (his profile is outdated, he's in Italy now).

Proofs of identity are not generally given publicly, but he is verified with GLBSE, Mt. Gox and myself, and he has received a letter I sent to his stated residence address.

He has some experience doing margin trading and has friends with even more experience to whom he goes for advice.

He has real estate assets which could be liquidated to cover his obligations if it comes to that point.

We are considering applying for Patrick Harnett's credit ratings which could make this clearer.

As far as I read Alberto Armandi is the person we give our money to and he has 0 reputation in this forum / bitcoin community, registered June 20, 2012 which is also the reason why you (Meni) started this topic and not Alberto So I have some questions:


- Who is Alberto Armandi? public proof of identity / residence ...
- Does he have any experience / connections in the margin trading? (because he clearly has no real connections to bitcoins)
- Which "securites" does Alberto Armandi offer? any assets / websites / projects that generate enough revenue to pay everyone in the worst case, because bitdaytrade.com is so far a dead site (0 users), no matter which high end backend it has and therfor without value...

I actually thought this may be the case as well. No one can be that tactless... Can they ?

Don't worry, Micon is deliberately trying to appear inflamatory and ill-informed, so that people take the opposite view to the one proposed. Micon is, in fact, trying to drum up more trade for Pirate through this disinformation strategy.

Best tactic is to ignore.

Do you have to go into everybody's threads and cause havoc?

No where does it say he is using the money for trading/arbitrage etc...
The money raised is for developing and running the business at this early stage.

well done with the dividends ;-)
just purchased another 54 shares.

Received my dividends, thank you!

Immediately re-invested.

There are cheezburgers over here!

Alberto is having some trouble using GLBSE, we'll try to sort this out soon.

Update: 0.006 BTC per bond have been paid due to being 1 day overdue.

purchased 150 shares   

What about this?

Could be a very interesting investment if contract is kept...

Thank you for your support. Much appreciated.

Bought some, let's see how this baby grow

The bonds are now being sold - you can buy at https://glbse.com/asset/view/BDT.

I think the term should be more specific about the rate part, and it shouldn't happen without notice. If it's without notice, customers with positions in the negative should be compensated to a certain degree, and the numbers need to be specified in the contract.

I'm not sure what exactly you're complaining about. What is supposed to happen if the company closes shop? You'll keep a position in a platform that doesn't exist? It's perfectly fair to liquidate positions at the price relevant to the time of closing, perhaps at a rate tweaked at the customer's favor.