Thank you Maged.  Looks like I'll need to keep a bit more of an eye on the growing credit business.

Not worth to borrow at a lower rate?  I think you mean higher rate.  Anyway, it is being looked at/considered.

What, there was Plan 9 from outer space availability?  Missed it.

Thanks for the div

He runs different deposits for different people (most people do).  He does have BS&T exposure that he directly passes onto customers for that service.  For the lower rate stuff, that may have exposure to BS&T, but you can clarify (when I asked him originally, the answer was "yes", but that doesn't mean the structure hasn't changed.)

I will also say something positive about ciuciu - he's been a good customer at Starfish BCB for several months and has a decent block of assets.

The Vulture capitalists are looking and thinking - the rate at 5% is a bit low.

I could ask the usual questions, like how you are providing the guarantee?  What's availability like?  Are funds going into BS&T? What's your favourite colour?

Received and working well.  Will reconsider a basic web/information portal.

Spending my morning assessing a loan request which I think looks a little odd.  Leaning towards a "no" to protect funds.

Copy of reply pm.

As an additional note, having watched various web sites get hacked over the past year, I have no ambition to make the list of biggest bitcoin-robberies.

_____________________________________________________________________________

I am planning on dropping to 1%/week in July, but am constantly assessing/reassessing that - depends on the income I can generate of the coins.

I am not planning a web site for several reasons.  One, if I did one it would be ugly as sin and not very secure (my programming skills are not web/html skills).  Second, it's really easy to track balances, but if you lose track, pm/skype/email works as contact points.

Dead-man switch is something I'm continuing to document as there is quite a lot of funds tied up.  I have someone who can unwind all of the positions/assets/loans/deposits.

Patrick

That was weird - punched the button right on 2:00 and it threw an error at me (insufficient assets??).  Went back and repeated and it went through, although later than anticipated.

I doubt an API/bot would have picked that up.

Updated with the HK 1.15% rate (as it's closest to 1 month).  Removed the 14 week special.  Thanks for pointing out the change.

The spacing looks different because chips 1&2 are now closer to the end, and that opened up a space in the middle - a few pages back the diagram of the PCB shows the spacing is still the same (roughly).

Thank you for continuing to be ignorant.

Giga did not dump 20,000 onto the market - he made a private placement and employed several people to assist with selling the bonds - that is quite normal, as it takes quite a lot of work.  If you want to see what happens when you simply place it on market, read the howls of anguish over in the YABMC thread.

Second, the price was not 1.0 and depending on how/who you purchased from, it was higher than that.  I am unsure of the eventual weighted price as I didn't buy any, but it was probably in the 1.2 to 1.3 range.

Giga has a sensible business and plan to make things work on a scale most people couldn't conceive of.  If someone wants to panic after thinking they could make a quick buck off these bonds, they were misguided - markets have a way of leveling these things out.

As it is, they are a good buy (@ 1.0 which they are currently) and I look forward to a nice yield.  (and I got some yesterday  at 1.38).

Isn't that GLBSE/PPT.D?

Well, I've loaded a Debian install on it (so I get to play with that too), and after I pick up a spare HDMI cable, playing with it should fill in time until I hit the sell button.

Could be an interesting week as there will be 7680 BTC paid out prior to the PPT.D auction.

oh, but then there wouldn't be that lovely stochastic process involved - a bit of chaos is good for those precise bots

I think, back on topic, UTC 2:00:ish tomorrow there will be 3000 bonds placed as a sell order by a human.  The contract says the sale takes place at 2, but does not specify a time precision.  

(having a nice scheduled batch file or process might be good to play with - maybe I'll get my rasberryPi to do it)

That's an important point - having the exchange rattle through the transactions takes time.  

Also, as a bus, I only have one stop to make.

(and now I'm going to have to look up "Git" install thing)

and "curl" is linux?

Actually, my lecturers in Compsci did their stuff in the 50's and 60's and I originally learnt programming around 1980, and by the time I got to my undergrad degree we had a mix of main-frames and networked terminals to use (the Burroughs 48 bit processor was something else).  IBM XTs were just making their presence felt.  MS Word 3.0 would fit nicely on a 360kb floppy allowing you to save your work on the second drive (woo hoo).

I don't use APIs - I could probably learn, but the effort (cost) outweighs the benefit.  Just like I could improve my web authoring skills, learn some new programming languages and a whole lot of other stuff.

It's easy for me to set the sell and wait for the clock to get to 2:00:00

Sounds like I'm up to push someone's buttons again tomorrow.