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Title: D Post by: El Cabron on August 03, 2012, 08:18:35 PM D
Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: cytokine on August 03, 2012, 08:27:54 PM Will you give us any more information about the purpose of this bond? I.E. Is it just going into a pirate account, or is it used to arb the rate of of higher paying bonds, or something else entirely?
Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: teek on August 03, 2012, 08:46:25 PM nice looking contract :P
Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: dust on August 04, 2012, 06:26:08 AM Why buy a non-guaranteed 1% bond backed by undisclosed investments when I could buy a non-guaranteed 7% bond backed by undisclosed investments?
Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: Bitcoin Oz on August 04, 2012, 10:25:56 AM IPO will be Sundayish. TYGRR-BOND.D is an interest bearing loan or bond. The funds generated from this loan will be used to finance high risk business ventures. This loan is not guaranteed and is provided on a best effort basis. The specific investments which the funds are used for will not be disclosed. Each bond issued will have a face value of 1 BTC and will receive an interest payment or dividend of .01 BTC per week. Dividends will be paid every Sunday. You must hold the bond at the exact time of dividend payment to be entitled to the dividend. Payments will be made weekly around 9pm Thailand time. This loan can be called at any time. If the loan is called, the issuer will place a bid of 1 BTC for every oustanding bond. Interest for the weekly period will be paid out on a pro-rated basis. ** This asset does not represent ownership of any company or organization and has no voting rights. ** Goat, why are you only paying 1% for a high risk venture with no disclosure? NYAN.A pays 1% and is backed up by several guarantees and a fully transparent business model. And there are other guarantees investment vehicles which pay more than NYAN.A (although none are guaranteed by a company). I know people love you, I personally love your 6.8% passthru bond, but don't you think you should offer investors a greater incentive to take on an unknown level of risk? I'm not flogging my security, off the top of my head TEEK.B, GIPPT, YARR, Imsaguy's plan B, Hashking, Starfish Bank, and so on, hell even mining, all either pay more, or are insured & transparrent, or both. In fact all of those pay more than NYAN.A. I'm just wondering if you could increase the interest rate on this? With risk should come reward. This ^^ Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: Mushoz on August 04, 2012, 01:03:45 PM IPO will be Sundayish. TYGRR-BOND.D is an interest bearing loan or bond. The funds generated from this loan will be used to finance high risk business ventures. This loan is not guaranteed and is provided on a best effort basis. The specific investments which the funds are used for will not be disclosed. Each bond issued will have a face value of 1 BTC and will receive an interest payment or dividend of .01 BTC per week. Dividends will be paid every Sunday. You must hold the bond at the exact time of dividend payment to be entitled to the dividend. Payments will be made weekly around 9pm Thailand time. This loan can be called at any time. If the loan is called, the issuer will place a bid of 1 BTC for every oustanding bond. Interest for the weekly period will be paid out on a pro-rated basis. ** This asset does not represent ownership of any company or organization and has no voting rights. ** Goat, why are you only paying 1% for a high risk venture with no disclosure? NYAN.A pays 1% and is backed up by several guarantees and a fully transparent business model. And there are other guaranteed investment vehicles which pay more than NYAN.A (although none are guaranteed by a company). I know people love you, I personally love your 6.8% passthru bond, but don't you think you should offer investors a greater incentive to take on an unknown level of risk? I'm not flogging my security, off the top of my head TEEK.B, GIPPT, YARR, Imsaguy's plan B, Hashking, Starfish Bank, and so on, hell even mining, all either pay more, or are insured & transparrent, or both. In fact all of those pay more than NYAN.A. I'm just wondering if you could increase the interest rate on this? With risk should come reward. Yeah, to be honest I feel the same way. The fact it deals with LTC implies it carries great risks, since LTC is so speculative right now. More so than Bitcoin at least. Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: farfiman on August 04, 2012, 01:13:01 PM What do you care what it's used for? As far as I'm concerned he can use it to pay rent , buy beer or whatever he fancies.
This is goat. He says he will pay 1% so he will. Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: cytokine on August 06, 2012, 01:11:15 AM @ Dust Diversification.... @ Everyone else.... I would bet however this 1% asset listing however will last long the other high rate bonds. This bond could last way past pirate, I'm not so sure the others can. For these reasons I am planning on buying a few shares, mainly because I like to buy a bit of everything with a positive expectation to keep it on my radar. But as everyone else has said, there are much better investments out there; however, capacity and diversification are very important to me, so if this bond is going to be around a *long* time, then that's a very good reason to grab some. I hate rolling over my portfolio, so having some things that I can just hold long-term without having to think too much about are nice (unlike equities and mining bonds, which require constant supervision). BTW was the IPO postponed? I have some bids out at 1.0 and was expecting them to get filled today. Title: Re: 1% GLBSE Bond TYGRR-BOND.D Post by: cytokine on August 08, 2012, 03:59:18 PM I noticed that 2000 bonds were actually created, so I'm assuming you plan to sell the other 1500 in the future? If so, when do you plan to do this? Thanks!
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