|
BTCUSD on fire right now, get some TEEK.USD @ .083333
|
|
|
|
|
TEEK.PPT interest payment of .08 per bond going out Sunday!
|
|
|
|
|
Dividends paid!
We paid out 1.02036671 mhash per share for a gross dividend of 0.00357128 minus our fee of .0012, we paid a net of 0.00237128 per share.
teek
|
|
|
|
|
Interest paid!
The BTCUSD rate used for TEEK.USD was 10.64905
teek
|
|
|
|
|
TEEK.PPT is paying out it's first interest payment tomorrow!
|
|
|
|
Oh wow. I am going to buy a few shares of TEEK.USD. It's like depositing coins and then taking a short CFD for the total, but all in one click  glad someone likes it  volume has been pitiful so far tho..  Hm, taking TEEK.USD as a way to trade on BTC price inside GLBSE has rapidly proven one of the worst ways to waste my money I have come across in my life, HYP scams aside. But I guess I have learnt now. I can put BTC there, and if price goes down -profit! If not... hey, 1%/week on a USD deposit, what bank offers that? I can simply take that much money, buy new bitcoins, and the final effect will have been to move them to a much higher interest, without adding too much currency risk. Seen under this light, this is maybe the gretest asset ever In the bull market we are in yeah.. but hopefully volume will eventually pick up and the spread will tighten up.. Glad you like it. teek |
|
|
|
nice looking contract |
|
|
|
sold the lot to teek:)
i confirm that i am buying this lot of cards. teek |
|
|
|
|
I don't think people are taking it personal against any of them, or at least they shouldn't be. Especially genjix as the responses I received from genjix in the beginning of this mess seemed to be fast and courteous, I have also observed this in the forums.
As for intersango being handed a ticking time bomb, they are to the best of my knowledge all grown men, who agreed to a legal obligation to assume operational control of a company. The state that company was in is pretty much irrelevant, as they had their chance to do their DD and accept or pass on the deal.
Then phantomcircuit goes and starts demanding respect and defending their actions. Saying silly things like, the site is being exploited and that's the most important thing on their plates. Well in this case, the data they were trying to protect was not only compromised, it was lost completely. In light of the data being lost completely, a compromise doesn't sound so bad.
Personally i don't know any of them, don't personally wish them any ill will. As operators of bitcoinica though, they were / are complete fail. I think they would save more face at this point by admitting they were wrong and being as helpful as possible to return people their funds, but they choose to be defensive and seem to no longer be facilitating the return of customer funds.
I personally have several hundred coins mixed up in this mess so I know first hand how aggravating this can be, and why at this point, the mob is the mob. I didn't even say a peep for a month or more, they really did have their chance, I believe a lot of other people also gave them the same courtesy.
teek
|
|
|
|
|
damn you snagged that quick, i woulda took that in a second!
|
|
|
|
The short version is that:
Amir, Patrick and Donald of Intersango have all made this problem MUCH MUCH WORSE by refusing to act or even reply to emails.
Because of those three, everyone who had money in Bitcoinca will receive back less money than they would have, had they been cooperative.
They should be ashamed.
I don't understand why this has to be the case, I really don't. It's like nevermind the mistakes they or zhou made. They went and took this whole "moral high ground" stance, and now everyone is likely getting fucked. Also - how the liquidator handles BTC assets is going to be interesting, likely in a way that doesn't benefit any of us. |
|
|
|
|
Very interesting. Me want ASIC :/
|
|
|
|
|
BTW - There is no pre-sale, but some bids will be filled below 2 to some lucky first comers. If you're interested in getting a deal, post your bids!
|
|
|
|
Now if only there was a way to short these Not sure if you are referring to TEEK.PPT specifically or all PPT's, but I am sure if you offered an interest premium there would be many willing to borrow shares.. so you could probably short if you really wanted too. |
|
|
|
UPDATE: BTCST new rates in effect 08/20/2012 - TEEK.PPT dropping interest rate to 2.25%, each bond now will receive .045 per week. Hi all - TEEK Funds is launching it's own pass-through to BTCST today, it will be live shortly. If interested, please place your bids. The face value of each bond is 2 BTC, it pays .08 BTC per week, and we have a contingency if a pirate default event were to occur. https://glbse.com/asset/view/TEEK.PPTTEEK.PPT----------------- TEEK.PPT is an interest bearing bond which directs funds to Bitcoin Savings and Trust known as "BTCST". Each bond issued will have a face value of 2 BTC and will receive an interest payment or dividend of .08 BTC per week. Interest will be paid every Sunday. You must hold the bond at the exact time of dividend payment to be entitled to the dividend. The issuer reserves the right to change the interest payment if BTCST changes interest rates. In case of a BTCST default, TEEK.PPT will have a face value of 0 BTC, but each bond may be exchanged for 1 TEEK.A bond. This loan or bond can be called at any time. If the loan is called, the issuer will place a bid of 2.05 BTC for every oustanding bond or issue a forced buyback at 2.05 BTC per 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. **
|
|
|
|
|
Show Posts
