wrong- he pays 0.055 a week....
My mistake, so it's 0.025 vs 0.055 BTC. And because you can buy about 1.5 Terra bonds for the price of 1 Goat bond, the actual comparison should be 0.0375 vs 0.055 BTC. Seems like Goat is indeed offering a better deal. Yes, but Goat insures only 1 BTC, at least 0.5 BTC is not covered. |
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Tomorrow first dividend will be paid.
Thank you.
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If I know...may be some kind of partially insurance  I like the idea of 1% weekly dividend. Tbh, I will buy 200-300 shares  I will ask CPA for a quote on insurance. Thanks. |
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What will happen if the Mini rig SC never arrive?
Never thought of this! Let's ask GIGAVPS or Inaba  What do you suggest? |
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The shares are now available on GLBSE https://glbse.com/asset/view/CIUCIU.MINING"Each share will give his owner 1/37200 of the bitcoin production of a BitForce Mini Rig ‘SC’ by Butterly Labs. The share price is set at 0.1 BTC. 7200 shares will be kept by the operator as operating costs. Each share will receive 1% weekly dividend paid by the operator until the unit arrives. When the ASIC unit starts mining, the interest paid in advance be the operator will be deducted from the weekly profits. If the mining equipment is not delivered by then, the dividend paid will be reduced to 0.5% at the moment the bitcoin reward is halved. Should mining become unprofitable or other circumstances cause the operator to be unable or unwilling to perform his duties, sale of all hardware and equal distribution of funds will commence according to the number of shares held by each individual." FAQ: Q: When will the first dividend payment be made? A: All weekly dividend payments happen on Wednesday. The first payment will be on August 15th. |
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I'm looking for investors.  |
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It was also very reassuring that those 2% investor's funds were returned before today's pirate interest payouts have landed, I do though have one request/suggestion if you moved the interest payouts to say Sunday it would help to give some of that reassurance on an ongoing basis.
Done, payment day from now on will be Friday, same as CIUCIU.BOND. |
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So I checked on my wallet and there was all this money there that wan't there before  Now we know either: 1. ciuciu isn't running a Ponzi scheme 2. there were a lot of new deposits at 1.5% I'm gonna go out on a limb and go for 1  At the moment I have 764.65 BTC in deposits at 1.5%. I returned the 2% deposits because a big loan was returned to me. At the moment I have room for an additional 850 BTC, but at 1.5%. Again, I'm not anonymous, all my personal data is with GLBSE. All new deposits I take are fully covered by personal reserves and GLBSE shares. Thanks again to all my depositors. |
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Are you serious, ciuciu? sending everything back?
Not everything, just the 2% deposits. Thanks. |
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added this to Micon's list of Ponzi's that no one should ever send BTC to and withdraw all they can if they already have
obvious Ponzi is obvious
hey OP - here is a question you cannot answer - what business unit do you have that makes so much $ that you can pay such a high interest rate?
I am getting tired of you ponzi marking everyone If you want to ponzi mark people, keep it to yourself in your own pathetic thread. Stop the bloody witch hunt m8, it's not helping anyone. //DeaDTerra 1) sorry you are tired of me pointing out Ponzi scams. They are a huge net negative on BTC in general. I will never stop exposing BTC scams. 2) It is a net positive to the entire BTC community, save the scammers - it's helping almost everyone. 3) full list of scams / ponzi's -- https://bitcointalk.org/index.php?topic=94900.0Because Micon made me feel ashamed of myself, I will return today 2506 BTC plus interest, representing all my 2% deposits. I still take deposits at 1.5%. Thanks to all my depositors. |
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The bonds are now live on GLBSE.
Thank you for investing with me!
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May I ask why are you selling it?
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How dare you nimda to base your post on mathematics? |
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One more thing I want to see - supported bid wall at 0.1 btc to make cash out easy at any time.  I'm afraid that won't be possible. I will become just an ATM paying dividend until better opportunities arrive. |
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it is not a new concept, so here's some things we should see based on the historic performance of other bonds: - Given a "I can buyback any time at X" price, the bonds will rarely be bought for much above X - Price dips will be bigger than spikes due to the opportunity cost of bids - tiny bids and huge asks wil ruin the depth chart - People looking to compound will provide some of the buying pressure - Announcing an end to the bond (buyback) will actually drive the price higher as people remove their asks I hope you've enjoyed this free installment of Nimda's Market Predictions; the tip jar is below You are right in your predictions. I'm not looking to reinvent the wheel, I just want to offer risk adverse people the best weekly rate on GLBSE. The bond is 100% guaranteed from my reserves and I'm fully verified. Thank you. |
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And buyback price, too. I'm definitely interested. I added the buyback price. |
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Please define the circumstances under which a buyback can occur.
Hi, I'm going to use the buyback option when I will no longer be able to maintain the 1.1% weekly dividend. Thanks for your interest. |
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2012/02/01 Claim process CLOSED! Please check your email you had registered with GLBSE and follow the instructions! Please claim by March 15th. As you may know, the first emission of CIUCIU.BOND is now live on GLBSE https://glbse.com/asset/view/CIUCIU.BONDCIUCIU.BOND pays 1.1% of face value every Friday. Percentage will remain at 1.1%/week until the bond is bought back by the bond-issuer. Bonds will be issued at .1 BTC, and each share will pay .0011 BTC weekly. There is no limit on how many bonds may be issued, nor when they may be issued. Bonds can be issued and sold without warning by the bond-issuer at any price. Bonds cannot be sold back to the bond-holder except in case of a buyback. CIUCIU.BND does not have a set date of maturity. The buyback price is set at 0.1011 BTC per share. The bond-issuer is not permitted to change this contract at any time under any circumstance. Thank you.
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I would like to thank all people who have lent me shares. Thank you very much for your trust!
I did make some profit, but I could had made more if I would have had more shares at the right moment. I hope you enjoyed your bigger dividend!
Thank you again!
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Payments sent. For errors or missing payments please contact me.
Thank you.
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