His offering does not state that. It states that bomds will be purchased back at .1 bitcoins.

Even if the situation with him and Nefario didn't occur the same would have happenned.  Halting it would have done nothing.  It doesn't change what he promised to the bond holders.

I PM'D Goat this afternoon asking him that I should have still received my dividends even though I sold my bonds before they were paid.  I ended up selling 926 bonds on Tuesday and Wednesday this week before the whole Goat and Nefario drama happenned. 

His first repsond through email on the GLBSE was
Nefario is the only one with the technical skills to wort this out. I'm all about free market and he is about regulation. He is your man!

So I emailed Nefario and he said that Goat is responsible for this.   

I PM'd Goat and told him what Nefario said, Goat responds with
okay, make a discussion thread about this if you want me to respond. i hope you are not just trolling :/

I toldl Goat that it would be easier just to handle this through pm.

His response is:

you are saying I scammed you right? You need to take this to the trading discussion sub-forum so you can be educated how bonds work. :/
I do not have time for this right now, Sorry.

I never said that he scammed me.  All I did was ask for money that was owed to me and how do we resolve this.

According to his offering
https://bitcointalk.org/index.php?topic=67818.0

In my opinion he sold bonds not knowing how the GLBSE would handle trading on them and promised a .1 BTC per bond buyback.

I bought 926 bonds at 99.90 and sold 926 bonds at 77.252.  I didn't received Goats promised .1 BTC per bond like promised in his post. 
So currently he owes me 15.34 BTC for the price difference in bonds and 2.778 for the dividends.



Maybe this should get delisted.

Maybe this thing should get delisted.   There are too many issues with it and Goat doesn't want to take any responsibility for his errors.

Here is your offering.  Please state where it shows that we should have contacted you.


Edit:

I will be selling a 2000 more bonds and lowering the payment to 2.5% on April 3rd. This means that the dividends on March 27th and April 3rd will be at 3% but after that it will be 2.5% until I change it (odds are lower it)

End Edit:

TyGrr-Bank Now operational on GLBSE!

TyGrr-Bank is a BTC bond that will pay weekly dividends every Tuesday 6:00 PM Thailand time.

This is an easy and safe way to lend small amounts of BTC.

The current rate is 3% each week!

Each bond will be sold at .103 BTC and will be bought back at any time at .1 BTC.

This spread is here because you do not need to hold the bond for a full week to get the dividend payment.


Thanks!

The thing is he didn't specify in his bond thread that we would have to contact him to sell them back.  He messed this up by not being clear if that's how he wanted this to work.

All I have to say is BUYER BEWARE.

I PM'D Goat this afternoon asking him that I should have still received my dividends even though I sold my bonds before they were paid.  I ended up selling 926 bonds on Tuesday and Wednesday this week before the whole Goat and Nefario drama happenned.  

His first repsond through email on the GLBSE was
Nefario is the only one with the technical skills to wort this out. I'm all about free market and he is about regulation. He is your man!

So I emailed Nefario and he said that Goat is responsible for this.  

I PM'd Goat and told him what Nefario said, Goat responds with
okay, make a discussion thread about this if you want me to respond. i hope you are not just trolling :/

I toldl Goat that it would be easier just to handle this through pm.

His response is:

you are saying I scammed you right? You need to take this to the trading discussion sub-forum so you can be educated how bonds work. :/
I do not have time for this right now, Sorry.

I never said that he scammed me.  All I did was ask for money that was owed to me and how do we resolve this.

According to his offering
https://bitcointalk.org/index.php?topic=67818.0

Edit:
I will be selling a 2000 more bonds and lowering the payment to 2.5% on April 3rd. This means that the dividends on March 27th and April 3rd will be at 3% but after that it will be 2.5% until I change it (odds are lower it)
End Edit:
TyGrr-Bank Now operational on GLBSE!
TyGrr-Bank is a BTC bond that will pay weekly dividends every Tuesday 6:00 PM Thailand time.
This is an easy and safe way to lend small amounts of BTC.
The current rate is 3% each week!
Each bond will be sold at .103 BTC and will be bought back at any time at .1 BTC.
This spread is here because you do not need to hold the bond for a full week to get the dividend payment.
Thanks!

In my opinion he sold bonds not knowing how the GLBSE would handle trading on them and promised a .1 BTC per bond buyback.

I bought 926 bonds at 99.90 and sold 926 bonds at 77.252.  I didn't received Goats promised .1 BTC per bond like promised in his post.  
So currently he owes me 15.34 BTC for the price difference in bonds and 2.778 for the dividends.

PM'd

I can't even think of one place that would pay 15%.  You are lucky to get 2% at a bank.  I would also accept a straight USD loan.

Why would this be considered a scam?  I have enough money coming in every month to more then cover this loan and have very solid proof of income which I would be willing to share with the right lender.   So please explain to me how you would consider this a scam. 

It would be paid back at the current exchange price at the time.  You could also look at the other extreme, if bitcoins goes to 1 then that lender would have lost alot of money.  It removes a big risk for both parties.

Received.

I did request the loan to be pegged to the dollar so this wouldn't happen.  I also would be willing to do this in USD.  

A 5% interest rate would be nice.  The properties that I purchase cost under 30K and need repairs.  The traditional bank isn't willing to lend out money on a house that isn't liveable.  As far as the fraud issue goes, I am willing to divulge all my business information as well as personal.  I would also sign a promissory note so if I didn't pay someone could take legal action.  My assets are a lot more then the loan that I'm asking for.  

My credit is good.  Traditional banks aren't interested in doing these types of loans anymore due to the housing bubble.  I have explored the hard money lending avenue and they like to charge a higher interest rate with points up front, making the loan costly.

About my business

I own a handful of rental properties that generate a nice cash flow every month.  90% of my rent payments are guaranteed by the government.   All of my units are currently rented.   I have been doing this for the last 4 years and have an established LLC.   All of my properties are free and clear with no mortgages except 1 of them.  

Loan Request Information
I am willing to send proof of rent roll(government statement) and share my business and personal information with anyone who is willing to take this loan on.  I would prefer bigger loans versus a bunch of smaller ones.  The loan would be amortized over 36 months and payments of principal and interest would be paid(Same setup as a mortgage).  The rate that I would be willing to pay is 15% per year.  The loan would be pegged to the USD.  Doing it this way would protect the lender and the borrower in the event of a huge fluctuation up or down in the Bitcoin price.

I think that these types of loans would be good for the Bitcoin community.  

EDIT: Original loan request was for 15,000 BTC.  Lowered amount to 10,000 BTC or $50,000 USD.  

Received in full and early.  Thanks.

I'm looking to put up a website for my deposit and lending services for BTC.  Please pm me if you are interested.  

If it takes someone more then a week to scan their id and email it, then we have some serious problems.