I sold all mine at around 1.0. I don't want to spread the panic, but bitcoin price is climbing massively, most sellers removed their orders and market already started panic buying. I expect the price increase to continue (or even accelerate) and if pirate is really vulnerable to bitcoin price increase, he's closer to default than ever before (remember his bitcoin debt is enormous). I hope this will not turn into another huge bitcoin price bubble that will impact the whole bitcoin economy but the risk is very high for me, so I decided to wait and watch for a while how it turns out. 

yep, that's the signal pirate is vulnerable to BTC price increase. If he needs more that 20k bitcoins for interest payouts each week and he's buying them at exchanges, he may go bust pretty soon. His bitcoin debt is huge.

It's normal when price goes upwards so fast. When markets go crazy, sellers remove their orders, wait and sell directly into bid side if they see fit. After a while bid side realizes that the price is too high, demand will weaken and new equilibrium will be established. However, we may see some crash before that new equilibrium is reached, as the ask side is really weak and demand will probably drive the price higher then it should be. This will be a wild ride for a while 

pirate is lowering his rates on some accounts (looks like bitcoin price increase finally cought him). Are your rates staying at 6.8%?

looks like recent bitcoin price increase has hit pirate badly

I'm not your investor, but I wonder what currency are the loans denominated in? If it's BTC, then those poor borrowers will suffer highly by the recent bitcoin price increase and will start to default massively. (365% yearly interest rate for a loan is itself enormous and I would expect high default rate). On the other hand if loans are denominated in USD then I wonder how you can keep the 1% daily interest rate while bitcoin price increases.

Number of bitcoins Pirate is operating with is huge in comparison to market depth at the biggest BTC exchange. Bitcoin could easily drop to 5 USD or lower. Pirate does not even have to default for that to happen, just closing down his operation could trigger large panic sells  I personally think that  for this last bitcoin price bubble is Pirate largely responsible. He's selling and buying large amounts of bitcoins each week and promising insanely high dividends. And when bitcoin price crashes don't expect mining bonds to get cheaper. Mining bonds are getting cheaper because difficulty is rising and difficulty is rising in part beacause of bitcoin price is rising and  more equipment is coming online.

Yep, if shareholders will agree I will issue some more shares for BitcoinCentral bot. IPO was for bot working at MtGox (now there are actually 2 bots at MtGox, one at USD market and one at EUR market). BitcoinCentral bot needs more testing and also there are some additional risks, like it's a small less known exchange that can close down more likely maybe, there's no API for trading (I need to parse HTML which is pain in the ass), and I don't have 2-factor authentication for this bot.

Added stats for BitcoinCentral bot. This week bot managed to make a profit of 1.81%  Price swings were huge, at one time price was as low as 7.34 EUR/BTC at other time almost 10 EUR/BTC  Note that this bot is not working for shareholders yet.

What do you mean by catastrophic loss?  All the revenue bot makes is kept on the BTC side, so he will not make a loss until after operation is closed down at the high price and I will need to convert fiat to BTC. Your  proposed strategy is risky and on MtGox your bait order will be consumed faster than anyone will notice. BTW, I have currently around 1500 very small orders (around 0.01 BTC each) covering the whole range, so I don't see how I could even implement your suggestion. It's not easy to fool the market. This is volatility bot, taking advantage of price movements and it will stay so. You're free to create your own bot and compete with mine 

Added stats for the forth week of running bot at MtGox EUR market. First 2 days were pretty volatile, price went down, so bot made some coins when buying lower then he sold last week. The rest of this week was calm, except for today, when MtGox had some problems with disappearing orders on ask side (bot made some advantage of the price swings, though his orders were also vanishing most of the time).
Tomorrow is IPO so you may grab some shares if you want. Money from IPO will primarily go to bot that will work on USD market. If enough shares are sold than bot working on EUR market will get additional funds to work with. BitcoinCentral bot is still being tested, I will post his stats tomorrow, so far he's made 0.89%. After all IPO shares are sold and bot will be ready for some real trading I will raise a motion to sell additional shares to get some coins for him to work with.

It's an issue with disappearing ask orders. And because of that price is climbing. There's almost non-existing ask side at times :-)

Try http://macdonaldboats.com/cognitivemining/

Got this from webpage source. Looks valid Garr's website.

It is depleting asset. So the best way would be to measure the speed of price drop (might be somehow correlated with rise of hash speed) over time and include that into ROI calculation. I'm too busy to do the calculations, but I'm afraid you may end up with negative yield. Calculating yield based on current bond market value or 5-day average makes no sense.

One thing is certain. Advertised more than a 2% weekly return is a lie (or a damned well calculated statististic)  

I added stats for the third week of running bot at MtGox EUR market. In this period price went just straight up, there were only a few swings back, so the dividend is quite low. Tomorrow I will add weekly stats for bot running at BitcoinCentral, so far it has earned almost 0.4%.

I already changed the title on the OP some time ago. The old title is though still displayed as subject of all posts. And I only count shares outstanding, not total shares. Don't know what you mean by not reliable method.

First criteria is total traded volume. These are top 20 most traded assets.

Updated table as of GLBSETime 04:10, Wed Aug 01.

No	Asset	Total Shares	5 day average price	Market Capitalization	%
1	GIGAMINING	40000	1.142	45680	23.54%
2	BITBOND	88138	0.429	37811	19.48%
3	TYGRR.BOND-P	28743	1.021	23426	12.07%
4	BIB.PIRATE	15738	1.026	14640	7.54%
5	BDT	10000	0.999	9990	5.15%
6	MOVETO.FUND	7792	1.139	8875	4.57%
7	YABMC	54278	0.153	8305	4.28%
8	ZIP.A	9930	0.725	7199	3.71%
9	FOO.PPPPT	5989	1.029	6163	3.18%
10	COGNITIVE	7870	0.765	6021	3.10%
11	PPT.DIV	9000	0.506	4554	2.35%
12	PUREMINING	20000	0.189	3780	1.95%
13	PPT.B	3000	1.227	3681	1.90%
14	PPT.C	3000	1.163	3489	1.80%
15	PPT.D	3000	1.098	3294	1.70%
16	PPT.E	3000	1.051	3153	1.62%
17	TEEK.B	1999	1.09	2179	1.12%
18	TYGRR.BOND-B	13074	0.105	1373	0.71%
19	TYGRR.BOT	484	0.91	440	0.23%
20	PPT.A	0	1.269	0	0.00%

PPT is out, BDT is in. Total market capitalization of these top 20 most traded assets is 194053.

Mining:   53.12%
Pirate:   34.00%
Other:   12.88%

He's making money on volatility. Always having gap between orders on the USD side and the BTC side, buying low and selling high. The higher the volatility (up and down swings), the higher the returns.