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Title: [CryptoBonds.net] Beta stage completed Post by: azaniet on October 18, 2013, 11:21:53 AM Update for Cryptobonds.net Beta stage is completed and interest rates have increased to a minimum of 0.9% for a 2-week bond. Currently, the total invested funds are 53.361 BTC & 1489.110 LTC. Total paid bond returns (i.e. maturity value * interest rate) in the beta period equals 1.099 BTC and 29.123 LTC.
Current Terms:
Original topic: https://bitcointalk.org/index.php?topic=285014.msg3351852#msg3351852 (https://bitcointalk.org/index.php?topic=285014.msg3351852#msg3351852) Title: Re: [CryptoBonds.net] Beta stage completed Post by: azaniet on October 19, 2013, 02:59:46 PM Why should we trust you? Where is the interest coming from, investments, loans? Those rates are very high - higher than bonds like XBOND that are already pretty high. The interest is coming from investment in a daily-managed high risk portfolio. A significant part of this portfolio consists of derivatives. The returns have been very well, and therefore I am positive that I can offer these interest rates. Additionally, past returns will serve as collateral for paying bonds' interest and face value. The amount of bonds that are available on the website is therefore limited and differs on a weekly basis. In the case of a bad performance period, I hold the right to cancel bonds and paying no interest. Though, the face value is always risk-free. This also explains why my interest rates can be higher than for example XBOND. Title: Re: [CryptoBonds.net] Beta stage completed Post by: MPOE-PR on October 19, 2013, 05:53:55 PM Why should we trust you? Vague non-information with zero substantiated facts. This doesn't work. As long as you're not ten, collecting donations for whatever school uniforms fund, you'll need to actually create a plan, and publish it in full, along with all of the (documented) pertinent details. This (https://bitcointalk.org/index.php?topic=124441.0) is a good place to start. |
