Hi, I'm accepting weekly BTC deposits for which I will pay 1.5%. The deposits are fully insured by me from my personal reserves, GLBSE investments and mining. I was asked about the difference between CIUCIU.BOND and the 1.5% deposits. They will both be run on the same terms, just that the 1.5% deposits can be returned at any time and they have limited availability. CIUCIU.BOND does not have a buy buck date set and I can see it going at this rate for at least 6 months. I do weekly interest payments, no compounding. Payments and withdrawals take place on Fridays. If you don't want your deposit public, tell me and I will remove your user name. Thank you. Depositors:PatrickHarnett
Total:
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500
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I can offer you 150BTC.
Thanks.
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Thank you very much for buying! I have received the 5850. Condition is great. Shipped off and arrived quickly. I am mining away on it.  Thank you very much for all the help, ciuciu. +1 to ciuciu. |
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I will take it but you will have to deduct the BTC you owe me. You know what it is. They are getting upwards of 900Mhash now.
162.5 BTC shipped, or best offer.
I will NOT ship anywhere outside of the USA. Unless YOU pay for it.
I CANNOT TRADE. I NEED BTC.
** This deal is for BTC. NOT for USD. If the price of BTC changes before you pay me, I don't care on this deal. I need the BTC. **
Thanks.
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And if you believe me, I'm not the only one doing it. We are in the middle of a technology change. Soon, share offerings will pour in at a more attractive price, then people will start jumping ship. My advice is to invest in something like BFLS. I might offer it myself soon. Is there any reason why a fixed rate perpetual mining bond would increase in value over time?
When the price of Bitcoin rises faster than the difficulty goes up then mining bonds should also become more valuable because they pay out Bitcoins. Say bitcoin price doubles and diff stays the same. The bond is worth twice as many dollars, which happens to be exactly the original number of bitcoins. I totally agree. I'm jealous that you got so much borrowing action. Though I suppose I might be able to is I was willing to pay double dividends. I was responding to anyone who thinks the USD price of BTC affects the BTC price of fixed MH bonds. |
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We are in the middle of a technology change. Soon, share offerings will pour in at a more attractive price, then people will start jumping ship. My advice is to invest in something like BFLS. I might offer it myself soon. Is there any reason why a fixed rate perpetual mining bond would increase in value over time?
When the price of Bitcoin rises faster than the difficulty goes up then mining bonds should also become more valuable because they pay out Bitcoins. Say bitcoin price doubles and diff stays the same. The bond is worth twice as many dollars, which happens to be exactly the original number of bitcoins. |
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Shares received. Thank you. We have an agreement.
Thank you.
Done deal. 300 GIGAMINING bonds and 300 YABMC transferred to ciuciu's account at GLBSE. |
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Thank you again for buying and happy mining! I received the two 5870's today.
Quick ship and good product.
+1 trade rep to ciuciu.
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We have an agreement. Thank you. -----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
Hi ciuciu,
these are my terms and conditions for a deal:
3 BTC up-front to 13WRBNRaQaK5XjMFSXQCzEPK5QGrib1WKQ, then 300 GIGAMINING bonds get transferred to a GLBSE account of your choice.
3 BTC up-front to 17A7A8zNbvzwG3eQwdVRQwTcCe3vqSbJcr, then 300 YABMC bonds get transferred to a GLBSE account of your choice.
Double the amount of any dividend these GIGAMINING bonds receive goes to 13WRBNRaQaK5XjMFSXQCzEPK5QGrib1WKQ within 24 hours of that dividend being paid out by GIGAMINING.
Double the amount of any dividend these YABMC bonds receive goes to 17A7A8zNbvzwG3eQwdVRQwTcCe3vqSbJcr within 24 hours of that dividend being paid out by YABMC.
At any point of time you are allowed to send back any amount of these 600 bonds to my GLBSE account and pay proportionally fewer dividends from that time on. If however GIGAMING or YABMC paid dividends, but you are within the 24h window, you still have to pay the doubled dividend, even if you transfer the bonds back in that window (basically: double any dividend you could have gotten, regardless if you still own the bonds or not).
I reserve the right to cancel this agreement and demand to have some or all 600 bonds transferred back to my GLBSE account within 28 days (= not 28 business days, but 4 weeks) which are starting as soon as this demand is posted here in this thread by me. As long as the shares are not in my possession, you will still have to pay double dividends though.
All payments have to be made via transactions, not via GLBSE transfers, because then they can be verified using the block chain. Should some rules above be broken (which is easily verifiyble for anyone using publicly available information) I reserve to take actions including, but not limited to, asking for freezing the GLBSE account where shares were sent and/or being reimbursed in shares and/or bitcoin from the receiver of the shares.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)
iF4EAREIAAYFAk/ZE4sACgkQ8AwyXklxLE8CvgD+Kk6cUOjdIBEFXpMFjHllnInd
a4NiC14rTl3INLPL52MA/1QzkRVdlR3TWlG518llp2ln6nF1No7/3qud31TIGBFV
=c/KQ
-----END PGP SIGNATURE-----
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Shares received. Thank you. ciuciu, 1 BTC up-front to 16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn, then 100 YABMC shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these YABMC shares receive goes to 16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn within 24 hours of that dividend being paid out by YABMC At any point of time you are allowed to send back any amount of these 100 shares to my GLBSE account and pay proportionally fewer dividends from that time on. If however YABMC paid dividends, but you are within the 24h window, you still have to pay the doubled dividend, even if you transfer the shares back in that window (basically: double any dividend you could have gotten, regardless if you still own the shares or not). I reserve the right to cancel this agreement and demand to have some or all 100 shares transferred back to my GLBSE account within 28 days (= not 28 business days, but 4 weeks) which are starting as soon as this demand is posted here in this thread by me. As long as the shares are not in my possession, you will still have to pay double dividends though. All payments have to be made via transactions, not via GLBSE transfers, because then they can be verified using the block chain ( http://blockchain.info/address/16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn). Should some rules above be broken (which is easily verifiyble for anyone using publicly available information) I reserve to take actions including, but not limited to, asking for freezing the GLBSE account where shares were sent and/or being reimbursed in shares and/or bitcoin from the receiver of the shares. |
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What collateral? The 1 BTC is not a collateral. Everything is based on trust, the same goes for the mining operators. These dont have to move very much in price to wipe out the collateral....
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We have an agreement. ciuciu, 1 BTC up-front to 16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn, then 100 YABMC shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these YABMC shares receive goes to 16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn within 24 hours of that dividend being paid out by YABMC At any point of time you are allowed to send back any amount of these 100 shares to my GLBSE account and pay proportionally fewer dividends from that time on. If however YABMC paid dividends, but you are within the 24h window, you still have to pay the doubled dividend, even if you transfer the shares back in that window (basically: double any dividend you could have gotten, regardless if you still own the shares or not). I reserve the right to cancel this agreement and demand to have some or all 100 shares transferred back to my GLBSE account within 28 days (= not 28 business days, but 4 weeks) which are starting as soon as this demand is posted here in this thread by me. As long as the shares are not in my possession, you will still have to pay double dividends though. All payments have to be made via transactions, not via GLBSE transfers, because then they can be verified using the block chain ( http://blockchain.info/address/16SqSuqvQzkHVnS1aRsDD4PSJCewBvs1dn). Should some rules above be broken (which is easily verifiyble for anyone using publicly available information) I reserve to take actions including, but not limited to, asking for freezing the GLBSE account where shares were sent and/or being reimbursed in shares and/or bitcoin from the receiver of the shares. |
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Bonds received. Thank you. We have an agreement. Thank you. Are you still looking for Gigamining shares, ciuciu? I would be happy to loan you 30 with the same terms. EDIT: Received PM, posting contract. (Thanks, Sukrim! I've corrected a couple of typos I spotted, though ) 1 BTC up-front to 142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH, then 30 GIGAMINING shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these GIGAMINING shares receive goes to 142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH within 24 hours of that dividend being paid out by GIGAMINING. At any point of time you are allowed to send back any amount of these 30 shares to my GLBSE account (area) and pay proportionally fewer dividends from that time on. If however GIGAMINING paid dividends, but you are within the 24h window, you still have to pay the doubled dividend, even if you transfer the shares back in that window (basically: double any dividend you could have gotten, regardless if you still own the shares or not). I reserve the right to cancel this agreement and demand to have some or all 30 shares transferred back to my GLBSE account within 28 days (= not 28 business days, but 4 weeks) which are starting as soon as this demand is posted here in this thread by me. As long as the shares are not in my possession, you will still have to pay double dividends though. All payments have to be made via transactions, not via GLBSE transfers, because then they can be verified using the block chain ( http://blockchain.info/address/142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH). Should some rules above be broken (which is easily verifiable for anyone using publicly available information) I reserve to take actions including, but not limited to, asking for freezing the GLBSE account where shares were sent and/or being reimbursed in shares and/or bitcoin from the receiver of the shares. |
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We have an agreement. Thank you. Are you still looking for Gigamining shares, ciuciu? I would be happy to loan you 30 with the same terms. EDIT: Received PM, posting contract. (Thanks, Sukrim! I've corrected a couple of typos I spotted, though ) 1 BTC up-front to 142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH, then 30 GIGAMINING shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these GIGAMINING shares receive goes to 142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH within 24 hours of that dividend being paid out by GIGAMINING. At any point of time you are allowed to send back any amount of these 30 shares to my GLBSE account (area) and pay proportionally fewer dividends from that time on. If however GIGAMINING paid dividends, but you are within the 24h window, you still have to pay the doubled dividend, even if you transfer the shares back in that window (basically: double any dividend you could have gotten, regardless if you still own the shares or not). I reserve the right to cancel this agreement and demand to have some or all 30 shares transferred back to my GLBSE account within 28 days (= not 28 business days, but 4 weeks) which are starting as soon as this demand is posted here in this thread by me. As long as the shares are not in my possession, you will still have to pay double dividends though. All payments have to be made via transactions, not via GLBSE transfers, because then they can be verified using the block chain ( http://blockchain.info/address/142zXkL4buC2G9QZbtYiZ5aTkN9y6B4GqH). Should some rules above be broken (which is easily verifiable for anyone using publicly available information) I reserve to take actions including, but not limited to, asking for freezing the GLBSE account where shares were sent and/or being reimbursed in shares and/or bitcoin from the receiver of the shares. |
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I will try to give you credit every time I use it. Thank you. Permission granted, I hereby put the wording of this aforementioned contract into the public domain. It would be nice mentioning me as author, but it's not necessary by any means.
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Sukrim, we thank you for it. I would like to ask for your permission for future use in my dealings. Thank you. Hehe, nice to see my contract that I drafted at night in half an hour being used by someone else too! |
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Hi,
I received the unit today. It is working as it should.
Thank you very much.
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