Yup a real killer. There's only 7 different vendors selling them for btc on silk road.
You dont understand the glbse verification process
You cant simply send an ID and get verified there are extra ways on top they use to verify its you.
Topic: [GLBSE] Nyancat Financial: Your Friend for Life (see post #2 for FAQ) - page 8. (Read 17800 times)
August 05, 2012, 06:39:15 PM
You dont understand the glbse verification process
You cant simply send an ID and get verified there are extra ways on top they use to verify its you.
August 05, 2012, 04:32:43 PM
Yup a real killer. There's only 7 different vendors selling them for btc on silk road.
August 05, 2012, 09:14:46 AM
Just wondering, why don't you verify more things running so many securities on GLBSE?
I do find them all interesting and different. Will likely move a few bitcoins out of my PPT and pick up some "C"s, it pays more then PPT and it's not entirely pirate backed.
I do find them all interesting and different. Will likely move a few bitcoins out of my PPT and pick up some "C"s, it pays more then PPT and it's not entirely pirate backed.
August 04, 2012, 06:12:13 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
This is more likely. Additionally, I suspect that many buyers are scared off by the complexity of the securities offered. It is hard to tell which, if any, are a good deal.If pirate defaults you still get earnings from A and B which means the entire market or bitcoin itself would need to collapse for C to go to 0 value. The excess profits from A and B trickle down to C. As long as theres no pirate default you get both pirate profits and trickle down profits from A and B. Which explains the possibility of getting 9-10% profits on C.
This is why I took the small pirate holding I had elsewhere and bought in.
Bingo.
The funny thing is, even if pirate collapses, NYAN.C will pay about as much as A or B.... more or less... It's the emergent properties of this fund which make it so attractive, and not the stated goals.
FWIW, look at what I did. I created an overly complex security based on derivatives, credit default swaps and collateralized debt obligations, transferred all the shares to myself, and gave myself 100% ownership. Do you think this is set up to fail?
I'm banking on being able to buy up as many shares as I can before the public catches on...shhh dont tell them lol
What you have done is as far from flaky as you can get.
August 04, 2012, 05:53:53 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
This is more likely. Additionally, I suspect that many buyers are scared off by the complexity of the securities offered. It is hard to tell which, if any, are a good deal.If pirate defaults you still get earnings from A and B which means the entire market or bitcoin itself would need to collapse for C to go to 0 value. The excess profits from A and B trickle down to C. As long as theres no pirate default you get both pirate profits and trickle down profits from A and B. Which explains the possibility of getting 9-10% profits on C.
This is why I took the small pirate holding I had elsewhere and bought in.
Wait, what? If you have 100 coins to invest in A,B,C, A being 1-2%, B being 2-3%, and C being pirate's 7%, the most you can get is 7% by going all in on C. You can't get 9-10% by "adding" excess A/B profits. Please explain.
NYAN.C will be paid whatever isn't paid to NYAN.A and NYAN.B
August 04, 2012, 05:42:18 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
This is more likely. Additionally, I suspect that many buyers are scared off by the complexity of the securities offered. It is hard to tell which, if any, are a good deal.If pirate defaults you still get earnings from A and B which means the entire market or bitcoin itself would need to collapse for C to go to 0 value. The excess profits from A and B trickle down to C. As long as theres no pirate default you get both pirate profits and trickle down profits from A and B. Which explains the possibility of getting 9-10% profits on C.
This is why I took the small pirate holding I had elsewhere and bought in.
Wait, what? If you have 100 coins to invest in A,B,C, A being 1-2%, B being 2-3%, and C being pirate's 7%, the most you can get is 7% by going all in on C. You can't get 9-10% by "adding" excess A/B profits. Please explain.
August 04, 2012, 02:40:54 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
This is more likely. Additionally, I suspect that many buyers are scared off by the complexity of the securities offered. It is hard to tell which, if any, are a good deal.If pirate defaults you still get earnings from A and B which means the entire market or bitcoin itself would need to collapse for C to go to 0 value. The excess profits from A and B trickle down to C. As long as theres no pirate default you get both pirate profits and trickle down profits from A and B. Which explains the possibility of getting 9-10% profits on C.
This is why I took the small pirate holding I had elsewhere and bought in.
August 04, 2012, 02:34:59 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
Yarr and CPA have always paid out when they said they would which is all that counts imo.
I picked up some NYAN.C just to "C" how it goes
August 04, 2012, 02:32:19 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
This is more likely. Additionally, I suspect that many buyers are scared off by the complexity of the securities offered. It is hard to tell which, if any, are a good deal. 
August 03, 2012, 11:18:38 PM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
I thought it was just because OP, who is trying to sell off YARR with fuzzy math, comes off as flaky.
August 03, 2012, 07:11:26 PM
3. NYAN.B: Proven bitcoin-only businesses which are not mining, and not pirate.
Quote
Nyancat Financial Balanced Risk Fund
.
Exchange: GLBSE
.
Ticker: NYAN.B
.
.
(*5-day avg.) (*5-day avg.)
.
Holding Units Book Value Market Value Total (Book) Total (Market*) %
.
YARR 300 1.5 1.5 450 450 81.45%
.
TEEK.B 20 1 1 20 20 3.62%
.
BDT 30 1.1 1.05 33 31.5 5.70%
.
PPT.DIV 100 0.5 0.5 50 50 9.05%
.
Exchange: GLBSE
.
Ticker: NYAN.B
.
.
(*5-day avg.) (*5-day avg.)
.
Holding Units Book Value Market Value Total (Book) Total (Market*) %
.
YARR 300 1.5 1.5 450 450 81.45%
.
TEEK.B 20 1 1 20 20 3.62%
.
BDT 30 1.1 1.05 33 31.5 5.70%
.
PPT.DIV 100 0.5 0.5 50 50 9.05%
maybe we have a different definition of "Pirate"?
(TEEK.B is exposed to Pirate. No need to comment PPT.DIV. And I know Yarr is unsured by the wondeful CPA, but the value will still be cut from 1.5 down to 1.0 by a default as far as I know)
August 03, 2012, 10:58:18 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
We are reaching saturation point and the recent upsurge in bitcoin price is also affecting share sales. People wont buy shares when they get better returns simply holding bitcoins. In a way buying shares is shorting bitcoin.
August 03, 2012, 10:52:31 AM
No one is buying :O, I was expecting more nyan.c snatching initially.
August 03, 2012, 09:07:33 AM
I think the winning strategy is to invest in CPA
August 02, 2012, 03:42:40 PM
So why is there a ticker for NYAN? Will it pay any sort of dividend?
Yes. NYAN will pay the dividends it receives from holding NYAN.A, NYAN.B, and NYAN.C. CPA will seed NYAN A, B and C with 500 bitcoins each, and A, B and C will transfer 500 shares each to NYAN, and NYAN will transfer 1500 shares to CPA.
So in short there will be no management fee for NYAN since the management fee will be taken by the holders of CPA as CPA will own 100% of NYAN.
Then we will sell shares into the market. We are doing it this way to show we have a stable business model. In short, even if no one buys any shares we will still make money. this business is not dependant on investor capital.
Thanks for clearing that up for me!
August 02, 2012, 11:15:04 AM
So why is there a ticker for NYAN? Will it pay any sort of dividend?
Dividends will be paid weekly.But what dividend does NYAN pay?
NYAN =
NYAN.A = 0.01
NYAN.B = 0.02 + leftover from NYAN.A
NYAN.C = high risk 0.07+
August 02, 2012, 11:12:57 AM
So why is there a ticker for NYAN? Will it pay any sort of dividend?
Dividends will be paid weekly.But what dividend does NYAN pay?
NYAN =
NYAN.A = 0.01
NYAN.B = 0.02 + leftover from NYAN.A
NYAN.C = high risk 0.07+
August 02, 2012, 11:11:04 AM
So why is there a ticker for NYAN? Will it pay any sort of dividend?
Dividends will be paid weekly. August 02, 2012, 11:03:13 AM
So why is there a ticker for NYAN? Will it pay any sort of dividend?
August 01, 2012, 03:00:46 AM
[GLBSE] Nyancat Financial: Your Friend for Life (see post #2 for FAQ)
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