Topic: [GLBSE] Interest in a Thoroughbred Racehorse - page 6. (Read 14094 times)
Satoshi's Daemon is a nice sized Louisiana-bred filly whose dam (mother) has produced all winners. We will see how she develops, but the early plan is to race her at Fair Grounds Race Course in New Orleans, Louisiana. Thank you to all who have joined us on this "Road to the Winner's Cirlce", as it promises to be an exciting adventure in the Sport of Kings.
Nice. Slap a bitcoin sticker on her halter and snap a photo.
I can officially say I own part of a race horse.
I was trying to find an excuse to give the glbse a try. Thank you for coming up with a completely "out of the box" way!
I'm holding a handful of those 'stocks' now, so I'll just wait until my conscience kick in, I've always thought of horse racing as animal brutality. But anything to make the bitcoin ecosystem thrive
I'm holding a handful of those 'stocks' now, so I'll just wait until my conscience kick in, I've always thought of horse racing as animal brutality. But anything to make the bitcoin ecosystem thrive
Great to have you on board!
Best of luck.
I was trying to find an excuse to give the glbse a try. Thank you for coming up with a completely "out of the box" way!
I'm holding a handful of those 'stocks' now, so I'll just wait until my conscience kick in, I've always thought of horse racing as animal brutality. But anything to make the bitcoin ecosystem thrive
I'm holding a handful of those 'stocks' now, so I'll just wait until my conscience kick in, I've always thought of horse racing as animal brutality. But anything to make the bitcoin ecosystem thrive
This is an extremely weird and interesting proposition lol. I love it!
So amazing and funny. I was on GLBSE for something else, noticed the ticker for SATOSHISDAEMON.horse, and all I can think of is something else got hacked. I was about make a thread and did one last search to find this. I still think this all might be a ruse.
GLBSE wasn't working correctly for the last few hours, seems to be back up and running now though.
Tried buying some shares. GLBSE not allowing.
Make sure you spell the name right, its case sensitive.
SATOSHISDAEMON.horse
copied it right from contracts. Also copied the id neither worked.
The GLBSE can be temperamental at times. GLBSE says I have 294 left to sell from my 500 order.
Tried buying some shares. GLBSE not allowing.
Make sure you spell the name right, its case sensitive.
SATOSHISDAEMON.horse
copied it right from contracts. Also copied the id neither worked.
Tried buying some shares. GLBSE not allowing.
Make sure you spell the name right, its case sensitive.
SATOSHISDAEMON.horse
Tried buying some shares. GLBSE not allowing.
Cool I used to live right next to the fairgrounds in NOLA. 
i like the name.. bought a few for fun 
We appreciate your capital and the risk you're taking. Best of luck!
i like the name.. bought a few for fun
This is an extremely weird and interesting proposition lol. I love it!
But I think you should call it something that would promote Bitcoin to non-Bitcoiners. Only those who are already interested in this currency would know of Satoshi.
I like, "Bernanke Loves Bitcoin"... that's an excellent name for a racehorse
But I think you should call it something that would promote Bitcoin to non-Bitcoiners. Only those who are already interested in this currency would know of Satoshi.
I like, "Bernanke Loves Bitcoin"... that's an excellent name for a racehorse
I would have liked that as well, but had to be careful. No names of people are allowed without written consent of that person on file at the jockey club. No organization names either, which bitcoin could apply. I was somewhat worried with "Satoshi" being called a person's name, but my argument is that the name is fictitious, like "Santa Claus".
Rule #6(f): http://www.jockeyclub.com/rulebook.asp#six
This is an extremely weird and interesting proposition lol. I love it!
But I think you should call it something that would promote Bitcoin to non-Bitcoiners. Only those who are already interested in this currency would know of Satoshi.
I like, "Bernanke Loves Bitcoin"... that's an excellent name for a racehorse
But I think you should call it something that would promote Bitcoin to non-Bitcoiners. Only those who are already interested in this currency would know of Satoshi.
I like, "Bernanke Loves Bitcoin"... that's an excellent name for a racehorse
Excuse my ignorance, but how often does a horse race?
Excused.
The horse is in training right now. Once she is in shape, she should be able to run every 3-4 weeks. Expect a month off each year as well. If all goes as planned, she should run in top condition for at least a few years under our ownership.
Excuse my ignorance, but how often does a horse race?
So you are asking for 500 * .21 = 105 btc.. I am unclear what percentage of the profit will be distributed to the holders of the asset?
Owners hold 10,000 BIRs and we're offering 500 of them, a 5% stake.
Whenever there is an owner distribution in USD, we'll make an equivalent distribution in bitcoins. So if SD wins $15,000 and owners take out $8,000 of it, we'll make a 1,600 btc dividend (with bitcoins at $5 each), or 0.16 / interest. We'll essentially be paying ourselves 95% of the 1,600 btc.
So you are asking for 500 * .21 = 105 btc.. I am unclear what percentage of the profit will be distributed to the holders of the asset?
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