Shares received. Thank you. ciuciu, 1 BTC up-front to 13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg, then 100 GIGAMINING shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these GIGAMINING shares receive goes to 13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg 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 100 shares to my GLBSE account and pay proportionally fewer dividends from that time on. If however GIGAMING 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/13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg). 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. I have plenty more GIGAMINING shares. Anyone else want to short them? |
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We have an agreement. Thank you. ciuciu, 1 BTC up-front to 13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg, then 100 GIGAMINING shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these GIGAMINING shares receive goes to 13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg 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 100 shares to my GLBSE account and pay proportionally fewer dividends from that time on. If however GIGAMING 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/13vZGh9RsjHihQEpVSdgQWnFV3FusV9Egg). 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. I have plenty more GIGAMINING shares. Anyone else want to short them? |
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Received. Thank you. 1 BTC received, shares transferred to account named in PM. Happy shorting!  |
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I was distracted by the begining of your post. We have an agreement. Thanks. How many can you offer? Thanks. For 1 BTC flat (for fees/time and just because I can) I'd offer 30 shares of BITBOND for lending:
1 BTC up-front to 1CHTW5DxJAmtfccH42bWVMb3z3PQAuVJ8S (a GLBSE address btw.), then 30 BITBOND shares get transferred to a GLBSE account of your choice.
Emphasis mine... |
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I can commit to one month. After that, I can return the shares at my discretion. Thanks. Looking to borrow GIGAMINING and BITBOND bonds.
Paying double the divident as long as I keep the bond.
Thanks.
Are you planning to flip fast and pay 0 or 1 dividend or are you willing to commit to some longer amount of time? |
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How many can you offer? Thanks. How many of each? For 1 BTC flat (for fees/time and just because I can) I'd offer 30 shares of BITBOND for lending: 1 BTC up-front to 1CHTW5DxJAmtfccH42bWVMb3z3PQAuVJ8S (a GLBSE address btw.), then 30 BITBOND shares get transferred to a GLBSE account of your choice. Double the amount of any dividend these BITBOND shares receive goes to 1CHTW5DxJAmtfccH42bWVMb3z3PQAuVJ8S within 24 hours of that dividend being paid out by BITBOND. At any point of time you are allowed to send back any amount of these 30 shares to my GLBSE account "Sukrim" and pay proportionally fewer dividends from that time on. If however BITBOND 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/1CHTW5DxJAmtfccH42bWVMb3z3PQAuVJ8S). 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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In other words, he can sell you this week 10000 bonds at 1.5. Next week he sells 10000 at 1. The market reacts and the value goes to 1. He buys back your bonds at 1.05 and you are out of .45. This means that the first investors are screwed. And you are OK with it and with him maximizing profits. These aren't shares. They're bonds. As far as I'm concerned the price per bond can drop to 0.01 BTC. Then I'd be able to buy a ton of them for super cheap and get fat payments every week. The only thing that concerns me about these bonds is whether or not my weekly dividends will drop due to increased difficulty.
The goal of the issuer of the bonds is to sell them for as much as he possibly can. If he sells them for less than he can get on the open market he's leaving money on the table. Sure, he could offer 20,000 new bonds at 1.5 BTC, but who will buy them? Not very many, and he would probably rather sell 20,000 new bonds at 1 BTC than 1,000 new bonds at 1.5.
Interesting point |
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Looking to borrow GIGAMINING and BITBOND bonds.
Paying double the divident as long as I keep the bond.
Thanks.
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People do not buy only for the 5Mhash/s. If it was like this, why the private investor wanted bonds? He could have paid Giga to mine for him and get the dividents without going the bonds route. Again, why?
The bonds I have are still 5 Mhash/s.
To me it actually gives more confidence because it makes him a bigger player so he can do certain things more efficient than smaller players.
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This is true. But it will kill the confidence in all mining bonds. Let's see how the market will react. You have to disclose this information. Or to keep the matters separately. Didn't you issue the next round of bonds for 1.50 though?
Did you sell this last round to private investors for 1 btc? Doesn't seem too cool to do that but whatever I sold right before the price went down
The last round was sold to private investors. Usually when their are bulk purchases (greater than 1k bonds) buyers usually insist on slight discounts to the current price. Why? There is nothing about that in the contract. |
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Looking to borrow 100 BITBOND shares. I will pay double the divident for the period I hold the bond.
Thanks.
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You have to disclose this information. Or to keep the matters separately. Didn't you issue the next round of bonds for 1.50 though?
Did you sell this last round to private investors for 1 btc? Doesn't seem too cool to do that but whatever I sold right before the price went down
The last round was sold to private investors. Usually when their are bulk purchases (greater than 1k bonds) buyers usually insist on slight discounts to the current price. |
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Looking to borrow 100 Gigamining shares. I will pay double the divident for the period I hold the bond.
Thanks.
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It does matter at what price the last bonds were sold. If somebody bought the bonds very cheap, they can flood the market at any time and the bond will lose again a lot of value. Well considering the second bonds were sold at 1.50. It sounds like a deal. There are funds being publicly traded on the GLBSE that bought in around that price point.
What difference does it make what other people paid? Really, monkey see monkey do? You haven't done a discounted future cash flow based on difficulty and exchange rate pro-formas? Too bad we can't short on GLBSE.... |
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David_Benz bought both ASUS 7970 cards and the Sapphire 5830 for 170 BTC. He paid me 82.50 BTC, and we agreed that I will give him a month to pay me the remaining 87.5 BTC. Please confirm. Okay we are good to go.
I will send you a PM.
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I sure can give you a loan for half of the value, at 10% per month. Thanks. I have put in an order with my loan shark to get the two 7970s. Please tentatively put them on hold until he gets back to me (probably within a couple hours) and I will let you know if I can pay for these, in full. Thank you sir! Please make me an offer. How much down would you need to get the deal done for the 7970?
I am a 18 Ghash miner, wont take long to generate more coins.
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Please make me an offer. How much down would you need to get the deal done for the 7970?
I am a 18 Ghash miner, wont take long to generate more coins.
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No, it wasn't shipped yet. Here, UPS does not work Saturdays. Shipped already? O.O Awesome. |
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Sorry, I have no 5850 left. Thanks. What are you interested in? I got in to an agreement with pekv2 regarding the Sapphire 5850.
He paid me 10 BTC now and he will pay another 17.86BTC in 3 1/2 months. Please confirm.
Thank you.
Confirmed. Can you do something like this for me?! The 5850s and or the 7970s! |
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What are you interested in? I got in to an agreement with pekv2 regarding the Sapphire 5850.
He paid me 10 BTC now and he will pay another 17.86BTC in 3 1/2 months. Please confirm.
Thank you.
Confirmed. Can you do something like this for me?! |
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