P - page 27. | Bitcointalksearch.org

Rockefoten

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Quote from: piotr_n on August 18, 2012, 06:37:19 AM

Quote from: tbcoin on August 18, 2012, 06:32:53 AM

In the contract does not say that anywhere, all the benefits of the new purchases are not deposited in BTCST, nor will generate no interest if Chaang Noi repurchase at 1btc he would lose money.

What you see being traded are just bonds which already are deposited in BTCST.
They are just changing owners - some people obviously dont want to wait for BTCST and then the PPT to close down next week.

If Pirate pays everyone back and bonds are bought back at 1 there is a huge profit to be made on these bonds atm.
Of course, if Pirate runs away there is a huge amount to be lost on these bonds atm.

With trades around 0.7 at the moment, I'd say no one out there is entirely convinced Pirate will pay everyone back.

piotr_n

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aka tonikt

Quote from: tbcoin on August 18, 2012, 06:32:53 AM

In the contract does not say that anywhere, all the benefits of the new purchases are not deposited in BTCST, nor will generate no interest if Chaang Noi repurchase at 1btc he would lose money.

What you see being traded are just bonds which already are deposited in BTCST.
They are just changing owners - some people obviously dont want to wait for BTCST and then the PPT to close down next week.

herzmeister

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The pass through bonds are now essentially bets if pirate will pay back or not... it's a pretty equilibrium, interesting...

tbcoin

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Quote from: Rockefoten on August 18, 2012, 06:25:48 AM

Quote from: tbcoin on August 18, 2012, 06:21:36 AM

Quote from: organofcorti on August 18, 2012, 06:19:54 AM

Quote from: tbcoin on August 18, 2012, 06:16:05 AM

Why people still buying TYGRR.BOND-P??? Already have more capilal than GIGAMINING.
Should not freeze this?

TYGRR.BOND-P is a pirate pass through, not a mining bond.

¿?
I did not say otherwise ... BTCST is closed, TYGRR.BOND-P is worthless.

If pirate pays depositors back, bonds are worth 1 btc. Buyers are hoping to profit from this by buying at lower than 1.

In the contract does not say that anywhere, all the benefits of the new purchases are not deposited in BTCST, nor will generate no interest if Chaang Noi repurchase at 1btc he would lose money.

Quote

This is a pass through bond to BTCST.

This bond will pay 5% weekly.

The rate will adjust if BTCST adjust their rates.

This bond is in no way insured. The money gained from the selling of these bonds will go to BTCST. This bond is not guaranteed but will be honored at best effort.

Payments will be made on Tuesday around 4 to 6 PM Thailand time.

The bond will not be bought back unless BTCST refunds the deposit.

Thank you.

Rockefoten

full member

Activity: 134

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Quote from: tbcoin on August 18, 2012, 06:21:36 AM

Quote from: organofcorti on August 18, 2012, 06:19:54 AM

Quote from: tbcoin on August 18, 2012, 06:16:05 AM

Why people still buying TYGRR.BOND-P??? Already have more capilal than GIGAMINING.
Should not freeze this?

TYGRR.BOND-P is a pirate pass through, not a mining bond.

¿?
I did not say otherwise ... BTCST is closed, TYGRR.BOND-P is worthless.

If pirate pays depositors back, bonds are worth 1 btc. Buyers are hoping to profit from this by buying at lower than 1.

tbcoin

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Activity: 1022

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Quote from: organofcorti on August 18, 2012, 06:19:54 AM

Quote from: tbcoin on August 18, 2012, 06:16:05 AM

Why people still buying TYGRR.BOND-P??? Already have more capilal than GIGAMINING.
Should not freeze this?

TYGRR.BOND-P is a pirate pass through, not a mining bond.

¿?
I did not say otherwise ... BTCST is closed, TYGRR.BOND-P is worthless.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: tbcoin on August 18, 2012, 06:16:05 AM

Why people still buying TYGRR.BOND-P??? Already have more capilal than GIGAMINING.
Should not freeze this?

TYGRR.BOND-P is a pirate pass through, not a mining bond.

tbcoin

legendary

Activity: 1022

Merit: 1000

Why people still buying TYGRR.BOND-P??? Already have more capilal than GIGAMINING.
Should not freeze this?

piotr_n

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aka tonikt

Quote from: organofcorti on August 18, 2012, 03:28:47 AM

Pirate pays zero percent now. There is no more BST.

Who told you that?

Quote from: pirateat40

Starting Monday I’ll begin systematically closing and withdrawing accounts as coins are transferred.
The moment your account is closed you’ll receive your coins plus any interest accrued up to the hour it was sent.
https://bitcointalksearch.org/topic/m.605957

So in fact, the last payment should be even more than 1.068/bond - depending how late Pirate will actually close Goat's account.

organofcorti

donator

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Poor impulse control.

Quote from: piotr_n on August 18, 2012, 03:00:59 AM

Quote from: Mousepotato on August 17, 2012, 12:35:54 PM

Quote from: piotr_n on August 17, 2012, 10:00:36 AM

You call people who sell your bond <1.0 stupid, but the truth is that they are actually not that stupid, because the main reason why the TYGRR.BOND-P have been underpriced for weeks is that you simply don't honor your own obligations.

To be fair, I have talked with Goat via PM, and I've already sent in my shares to be paid out at 1.0485 (or whatever the new Pirate rate is, minus Goat's fee) per share on Tuesday.

But Pirate still pays 7%, so you should be getting 1.068, if he was buying them back from you at 1.0, as promised.

If fact, after Pirate returns the deposits with the last week interests, as he says he will, each holder should receive exactly 1.068 per bond, as the last payment.
But will this be the actual case? Having my experience with Goat, I just cannot wait to find out... Tongue

Pirate pays zero percent now. There is no more BST.

piotr_n

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aka tonikt

Quote from: Mousepotato on August 17, 2012, 12:35:54 PM

Quote from: piotr_n on August 17, 2012, 10:00:36 AM

You call people who sell your bond <1.0 stupid, but the truth is that they are actually not that stupid, because the main reason why the TYGRR.BOND-P have been underpriced for weeks is that you simply don't honor your own obligations.

To be fair, I have talked with Goat via PM, and I've already sent in my shares to be paid out at 1.0485 (or whatever the new Pirate rate is, minus Goat's fee) per share on Tuesday.

But Pirate still pays 7%, so you should be getting 1.068, if he was buying them back from you at 1.0, as promised.

If fact, after Pirate returns the deposits with the last week interests, as he says he will, each holder should receive exactly 1.068 per bond, as the last payment.
But will this be the actual case? Having my experience with Goat, I just cannot wait to find out... Tongue

jackmaninov

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Quote from: szuetam on August 17, 2012, 04:17:31 PM

What should I do (where to click?, etc) if I want to get buy back my humble 14@1BTC (if it would be possible of crz).

For the time being you wait. Pirate hasn't returned any coins to anyone yet.

szuetam

sr. member

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What should I do (where to click?, etc) if I want to get buy back my humble 14@1BTC (if it would be possible of crz).

waltmarkers

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Buying this issue at 0.2 per share. Offer good today only, PM me.

Mousepotato

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Quote from: ?? on ??

Quote from: EskimoBob on August 17, 2012, 01:59:34 PM

Quote from: ?? on ??

Quote from: EskimoBob on August 17, 2012, 01:24:07 PM

Chaang Noi, are you still good for a buy back at 1?

as soon as i get the funds from pirate, i requested 5000 btc from him yesterday, he said it would be here shortly, however now that he closed i dont think he will pay out until Monday. so i dont know :/

I think you need to ask for 27 895 + dividends

that 5k was partly for your payment, and yeah, funds will be passed on once i get them. thanks

Oh cool. I guess we just have to wait and see. What becomes of the TYGRR.BOND-PI? Err, I guess I should ask this in the other thread.

EskimoBob

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Quote from: ?? on ??

Quote from: EskimoBob on August 17, 2012, 01:24:07 PM

Chaang Noi, are you still good for a buy back at 1?

as soon as i get the funds from pirate, i requested 5000 btc from him yesterday, he said it would be here shortly, however now that he closed i dont think he will pay out until Monday. so i dont know :/

I think you need to ask for 27 895 + dividends

Mousepotato

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Quote from: ?? on ??

Quote from: EskimoBob on August 17, 2012, 01:24:07 PM

Chaang Noi, are you still good for a buy back at 1?

as soon as i get the funds from pirate, i requested 5000 btc from him yesterday, he said it would be here shortly, however now that he closed i dont think he will pay out until Monday. so i dont know :/

Will my funds fit within that 5000 btc request? I initiated my req yesterday from you

MoPac

newbie

Activity: 41

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Since Pirate said he is paying out accrued interest to the hour on deposit refunds, how is that being handled re: the shares in this bond? Assuming that Pirate is going to pay out, should we expect another (partial) dividend payment before you make the buyback?

tbcoin

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Bitcoin Savings and Trust | Home | Closed
https://bitcointalksearch.org/topic/m.605957

edit: AGGGGGGGGGGGGG I had prepared the purchase of 1000 TYGRR.BOND-P .....

EskimoBob

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Chaang Noi, are you still good for a buy back at 1?

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