Hey guys sorry for the massive delay on this weekly report, I got a cold so I was kind of out for the counting for a couple of days  But I am back to full energy today  Weekly Report for 22-29 July 2012 This week I have keep working on selling of PureMining and such non upgradeable Mining Bonds. While I have bought GigaMining and BitBond which both offer Upgrade paths once the ASIC tech is out and rolling  BitBond released that they will also be supporting ASIC upgrades, hence I bought 350 of them as I belive that they have now become a good long term investment and also I think this will drive the bond price up. Not a lot of things have happened to our portfolio this week mostly due to some big withdraws which has left us with a low amount of liquid capital. Hence I have been working on liquidating out assets on GLBSE and clearing up unnecessary and unprofitable assets. With the liquid capital gained by liquidating assets on GLBSE, I have injected them into our margin trading bots. For now the plan is to keep slowly reducing our GLBSE exposure by getting rid of unwanted GLBSE assets, then moving the freed-up capital into more liquid assets like trading bots and short term loans. This weeks profit ended up at 1.685%, which is a okay result part of why the performance was not as good as I thought it would be, is due to the price increase, from 8.4 to 8.8$ and now up to 9.5$ and rising. To counter act this I am moving away from volatile sensitive assets and moving into more bonds and loans/ trading bots. That can be profitable even in a volatile market. Gamma are launching a new asset on Friday, it's a insure pirate pass through, that's Insured by IneedAUserName We are offering 2,5% a week in interest rate, with a 100% insurance against pirate default. For more info check out https://bitcointalk.org/index.php?topic=96793.20//DeaDTerra |
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I am on my way home. all your questions and concerns will be answered asap.
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Each preferred share has a face value of 0.2 BTC, and gives the holder the right to 1/50,000 of all fees collected by the BitcoinRebate service (“Issuer”), paid monthly (on the 1st) If not, maybe the owner should buyback all the shares..
Maybe they're waiting for the average market price to fall to near zero first. However, two well known members of the community and the owner himself promised that REBATE will deliver, so I'm currently assuming this is just a delay. I do not own the account or the equity for the Rebate asset, The reason why I have taken upon myself to try steer this into the correct way is due to that I have a big stake in it and because I have put my reputation on the line. I am currently working on contacting JRO, to get access to the GLBSE account to pay out a small dividend. Alberto is currently very busy hence the Rebate site will be offline for a bit longer. Sorry for all of this delay! //DeaDTerra |
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We have found 1 Bus, 1 Truck, 1 ATV, 1 Motorbike and 1 Bike Our base looks awesome  //DeaDTerra I'm going to find your base and raid it. Just wait. I'm coming for you. Haha, we have spread them out over two bases now and good luck finding it //DeaDTerra Just so you know how badass I am, right now I'm riding a bicycle down a mountain in the dark. Look out!!! I will look out xD //DeaDTerra |
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We have found 1 Bus, 1 Truck, 1 ATV, 1 Motorbike and 1 Bike Our base looks awesome //DeaDTerra I'm going to find your base and raid it. Just wait. I'm coming for you. Haha, we have spread them out over two bases now and good luck finding it //DeaDTerra |
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I'm up for bidding on some of these, but I still want details on the insurance arrangements - what's in place now? Right now me and INAU has the agreement that I will insure 5% of the face value of the bonds and INAU will insure the other 95%. These 95% will be placed with Imsaguy (as it looks right now), which will agree to hold them as a escrow. In case where Pirate defaults then agreed amount is transfered to me, that then buys back all the bonds at 1 BTC each I will write a exact contract and make all three parties sign it. //DeaDTerra |
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We have found 1 Bus, 1 Truck, 1 ATV, 1 Motorbike and 1 Bike Our base looks awesome //DeaDTerra |
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DayZ - DE 91 (v1.7.2.4/Beta 95417) [REGULAR][GMT-8] dayzmod.com - Hosted By Gamma Bitcoin Fund Settings are Armor: Off Third Person: On Tracers: Off Nameplates: Off Crosshairs:Off DeathMessages: On Donation address can be found in the MOTD 1ADgESaitNHWugCSAin5N3n4PJrMud6J88 Settings have been set to a bit more "hardcore" //DeaDTerra |
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Will the IPO price also be 1.02??
The IPO price will be set by the market, but if I notice there's not enough demand then I will wait with releasing all the shares, I don't wish to create a massive bid wall or to crash the market. //DeaDTerra |
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Well then I wish you the best of luck in your bet. I've done some math, and it turns out GIPPT is worth over 1.2 BTC. A little birdie told me you were selling pre-ipo shares for less than that, so I bet I'll be buying a few at IPO. Cheers I was indeed selling 1000 shares at 1.02 BTC each, but they are all out now Though the rest of the shares will be offered on Friday. Anyone interested please do place bids on the shares. //DeaDTerra |
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It seems to me that this is basically a bet by the issuers/backers that Pirate won't default in the next 20 weeks. The issuers will obviously lose money on a Pirate default, and it will take over 20 weeks to "generate" the backing through the reduced weekly rate. However, it's not a bet against the buyers, because the buyers don't lose money if pirate doesn't default in 20 weeks. They simply don't earn as much as they would with an uninsured pass-through.
Is this correct?
Correct the lower rate will pay off the backings and generate profit after the threshold has passed. The bet is not against the buyers as they will always receive the 1 BTC back independent if pirate defaults or not INAU stands for 95% of the backing and I for 5% of it. Hence 100% of the face value of the bond is covered. //DeaDTerra |
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Bitcoin server is up DayZ - DE 91 (v1.7.2.4/Beta 95417) [REGULAR][GMT-8] dayzmod.com - Hosted By Gamma Bitcoin Fund Settings are Armor: On Third Person: On Tracers: Off Nameplates:On Crosshairs:On DeathMessages: On Donation address can be found in the MOTD 1ADgESaitNHWugCSAin5N3n4PJrMud6J88 //DeaDTerra Awesome. Any chance you can make it a veteran server? Leave 3rd person on and turn crosshairs off.  Edit: How do I connect? I'm not seeing it through Six Launcher. What does crosshairs do? At the moment they are waiting for a whitelisting from the DayZ admin group so it's currently down. I will post once it's up and running functionally //DeaDTerra Turning crosshairs off makes it so that you have to use ironsights to aim. No firing from the hip. I guess that would be good, I will talk to the other people I play with and see what settings they would like //DeaDTerra Cool. I'll be sending some bitcoin your way as soon as I can hop on the server and try it out. Okay thanks , hopefully the whitelisting will be fixed by tonight. //DeaDTerra |
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Bitcoin server is up DayZ - DE 91 (v1.7.2.4/Beta 95417) [REGULAR][GMT-8] dayzmod.com - Hosted By Gamma Bitcoin Fund Settings are Armor: On Third Person: On Tracers: Off Nameplates:On Crosshairs:On DeathMessages: On Donation address can be found in the MOTD 1ADgESaitNHWugCSAin5N3n4PJrMud6J88 //DeaDTerra Awesome. Any chance you can make it a veteran server? Leave 3rd person on and turn crosshairs off. Edit: How do I connect? I'm not seeing it through Six Launcher. What does crosshairs do? At the moment they are waiting for a whitelisting from the DayZ admin group so it's currently down. I will post once it's up and running functionally //DeaDTerra Turning crosshairs off makes it so that you have to use ironsights to aim. No firing from the hip. I guess that would be good, I will talk to the other people I play with and see what settings they would like //DeaDTerra |
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All the pre-order shares have sold out, so if you want shares I recommend posting a bid before the 3rd of August at 19:00 GMT +1 to ensure that you get your bonds //DeaDTerra |
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Bitcoin server is up DayZ - DE 91 (v1.7.2.4/Beta 95417) [REGULAR][GMT-8] dayzmod.com - Hosted By Gamma Bitcoin Fund Settings are Armor: On Third Person: On Tracers: Off Nameplates:On Crosshairs:On DeathMessages: On Donation address can be found in the MOTD 1ADgESaitNHWugCSAin5N3n4PJrMud6J88 //DeaDTerra Awesome. Any chance you can make it a veteran server? Leave 3rd person on and turn crosshairs off. Edit: How do I connect? I'm not seeing it through Six Launcher. What does crosshairs do? At the moment they are waiting for a whitelisting from the DayZ admin group so it's currently down. I will post once it's up and running functionally //DeaDTerra |
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Bitcoin server is up DayZ - DE 91 (v1.7.2.4/Beta 95417) [REGULAR][GMT-8] dayzmod.com - Hosted By Gamma Bitcoin Fund Settings are Armor: On Third Person: On Tracers: Off Nameplates:On Crosshairs:On DeathMessages: On Donation address can be found in the MOTD 1ADgESaitNHWugCSAin5N3n4PJrMud6J88 //DeaDTerra |
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Do you have some info about who runs Mybitcointrade and his real world indetity? I have talked to ziggs on skype and I have received a scan of his passport //DeaDTerra |
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I also want to add that if you want to pre-order the shares you pay 1.02 BTC per share, as you have to pay for the transaction fee as well But on the other hand you get guaranteed bonds, and at the face value of the bond. Edit: Bed is calling, any questions or concerns will be answered tomorrow morning. //DeaDTerra |
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