Mining returns of 22.09481016 BTC paid @ 0.00932664 BTC per share for the week of 23 September to 29 September of 2012


Yes, I contacted Amazingrando, seems he remembered having paid us this week but had actually not.

Paid.

Paid per 100 BTC block: 0.46876 BTC
To pay per KRAKEN share: (0.46876 BTC / 10000) * 0.90 = 0.0000421884 BTC
Rounded up = 0.00004219 BTC

40792 shares paid at 0.00004219 BTC per share = 1.72101448 BTC

Top many people buying/selling in the 0.80 - 0.99 range, no actual shares being sold.

The funds were not available earlier. They just came in 3 hours ago.

Bitbond occasionally pays us a bit late. The issuer is often busy and has to calculate us apart from the BITBOND holders and it sometimes happen to be transfered late.

Here they are:

Mining returns of 22.81721302 BTC paid @ 0.00963158 BTC per share for the week of 16 September to 22 September of 2012

Eh, all new shareholders have to be approved by all shareholders so that would not work. There's no certainty being the highest bidder guarantees you can actually purchase the shares.

Well I still believe they're good, but not that good...

Would you consider selling them in lots of at least 500 shares in the same fashion as the forum's ads auction thread?

Everyone could bid a certain price for a certain amount with a starting price of 0.05 and minimum increments of 0.001

Once you find your buyers, you can propose them to current GLBSE shareholders and see if they are accepted. You would have a list of people to propose in order of highest bid proposed first and could go downward from there from all the bids until all shares are sold as accepted by current shareholders.

MSFT is completly at the other end of the risk spectrum. One cannot expect to invest in a high risk venture at 3% per year when they can get the same returns on a highly stable, established multinational corporation such as MSFT.

I clearly stated that this 10% per year (Assuming there was no operating costs, I suspect actual returns to be closer to 2-5% per year) is far too low for something with so much risk. Not that it isn't acceptable for established and stable businesses.

I have a few problems with this:
- You're selling shares for 6x the purchase price and I cannot see currently good reasons to price them so high
- You want to exit and have to sell but still set the price to whatever you want.
- According to GLBSE current trading volume, if there was absolutely zero operating costs and trading stayed at this level, it would take 10 years to recoup the 0.30 you are asking for (10% per year). With the expenses accounted for (Dedicated servers are far from being free), I suspect this amount to be a small fraction of that.
- For an investment as risky investment as a start-up such as GLBSE, I expect far bigger returns than what established multinationals pay on their stocks.
- The biggest and riskiest part is ahead, not behind. There will be high costs and a lot of work required for bringing GLBSE on a legal stance. This is putting a lot of failure risk along with substantial expenses going forward.
- Even if it's a success and it becomes fully regulated, it would require afterward probably at least 3 - 5 time the trading volume for getting 10% a year on 0.3, which I would still find low on something still as small and risky as GLBSE. With the financial data, I could get a better picture at the operating costs and how much more trading volume GLBSE needs to achieve to have an acceptable level of returns compared to risk.

Until GLBSE becomes registered and the majority of the costs and risk related is behind, I don't believe those shares to have appreciated that much in value. As far as I'm concerned, if you want to sell for 0.30 BTC per share, you might want to stay and sell the shares once GLBSE is regulated, even if you would be listed as a shareholder for some time.

Paid.

Paid per 100 BTC block: 0.48262 BTC
To pay per KRAKEN share: (0.48262 BTC / 10000) * 0.90 = 0.000044358 BTC
Rounded up = 0.00004436 BTC

40792 shares paid at 0.00004436 BTC per share = 1.80953312 BTC

Indeed, there's the lending risk. But I'm pretty certain the 0.80 BTC price it goes down to is due to a lack of bid, the fact there is no ASICs ordered yet and the fact 0.26 BTC in dividends has been given, so exiting as low as 0.80 might not represent a loss to them, at least from their point of view. (Although it seems to me lower than it could have been sold for.)

The thread in the long term deposit forum is just a notice for those looking for deposit options. Although this is on GLBSE, it works similar to a deposit.

The first and official thread is this one.

1. The "middleman" here provides at least 50% of the total portfolio value to hedge against any loss. This guarantee that unless the portfolio loses more than 50% of the total value, there is still be 100% of loan value in collateral as assets. As such, Gigamining going to 0 BTC would not result in a loss for BTC-BOND holders.

2. Although the loan can be used outside of GLBSE, the contract stipulates that there should at least be 200% of loan value in GLBSE assets to back up the loan. The portfolio value is updated regularly. If you see the portfolio losing too much value for your taste, going near or under 200% of loan value, people are free to request to redeem their bond.

3. The $1 guarantee is an extra guarantee that if Bitcoins should fail due to any issue (loss of confidence, etc.), you have the option to redeem $1 per BTC loaned. I will pay $1 per BTC regardless if they are rendered unusable/valueless.

Uhmm? A secured loan bond is simply a loan bond where the issuer pledge a specific asset as collatoral. In this case, GLBSE assets.

I would like to extend once again my offer. I often see people selling large chunks of shares 20-50% less then the average trading price! Often selling far under the price I would have paid.

If you need to sell a large amount of stocks when bids are lacking, please inquire.

Interest paid.

There's a thread:
https://bitcointalk.org/index.php?topic=109679.0

Would have to see if GLBSE can offer auditing service.

Ideally there would be API keys for fetching an account's content details and transaction history but that doesn't allow making actual transactions.

Will see what I can do about that.

Expanding portfolio diversity with web hosting (25 000k shares of BitVPS) and Bitcoin Mining Fund (100 shares)

Mining returns of 23.48979581 BTC paid @ 0.00991549 BTC per share for the week of 9 September to 15 September of 2012


Thanks.

Mostly due to the very abundant streams of water. A lot of hydroelectric power plants making up almost 100% of the production. A few odd percents in wind power and nuclear.

Paid.

Paid per 100 BTC block: 0.5 BTC
To pay per KRAKEN share: (0.5 BTC / 10000) * 0.90 = 0.000045 BTC

40792 shares paid at 0.000045 BTC per share = 1.83564 BTC

I have and will certainly do so again. Fiat rates are better and fiat seems to devalue compared to the booming bitcoin economy. As long as I can afford monthly repayment on the loan, I'll go fiat to BTC anytime.