Update - all the dividends have been paid (ahead of schedule), so the bond is now worthless. Do not buy it.
tl;dr - if you have some bitcoins to loan me for little over four months, you'll make 5% on your investment, guaranteed.
So, I want to see if GLBSE really works. Also, I've never created a bond before in my life, so this is exciting.
I created a bond at GLBSE.
It basically says I will pay 1 BTC for every share at date December 1st 2011.
I am currently selling 50 such bonds at 0.95 BTC each.
(Please ignore the "issue price 0.8 BTC" text in the bond, I regretted it after creating the bond but I can't edit it away and it's not a meaningful part of the contract ... the rest of the bond text will be honored by me at December 1st).
Topic: [UPDT]Selling a bitcoin bond at GLBSE at 95% value, maturation date December 1st - page 3. (Read 8625 times)
July 22, 2011, 05:22:12 PM
Jump to: