 whats this all about? Well obviously Obama is commander-in-chief, and Obama was in office when Bin Laden was killed. Mitt Romney plans on cutting government support for PBS, which hosts Sesame Street. |
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"You can't have a free market"
-- Mitt Romney
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All of these recents scams and fuck-ups are making Bitcoin look like a complete joke. Is there even one single reliable Bitcoin business/service/website out there?
AFAIK TangibleCryptography, the registered LLC which pays taxes, is doing just fine. Holy bitcoin !
I just sold everything yesterday night and withdrew all my coins; I feel lucky for once.
Sigh.. I knew I should have sold my assets this week  When Nefario delisted Goat's assets, I ran away really quickly. Lets all move to litecoinglobal  The service is in beta but it looks already pretty good and admin is committed to his site. Pfffffffffftch. How about no. +1  (we don't want the crazies) What I do like about litecoinglobal is that the asset operators has up-to-date information on their asset holders. If an exchange shuts down (for any period of time) then the operator can list their asset on another exchange if necessary. But it looks like Open Transactions is the future. I guess so. |
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You guys... where can I get these fonts  All I see is the baht and the "currency symbol." The rest are boxes and B-boxes. I didn't need to "get a font". Ubuntu 12.04, works out of the box. What OS are you using? Windows XP Pro We use Ƀ
Great, another box. Seriously wtf is wrong with my system? I didn't need to "get a font". Ubuntu 12.04, works out of the box. What OS are you using?
Doesn't work for me. Ubuntu 12.04 32bit with Firefox, fresh install as of today, and most of these fonts are a b-box, except for ฿ and Ƀ. Baht and box. Anyways, we generally use the Thai Baht for Bitcoins, right?
฿ <- that right there
Please, whatever the heck you use as a symbol for Bitcoin, DON'T PICK SOMETHING ALREADY IN USE FOR A CURRENCY. Such an ambiguous symbol is a horrible choice! Please come to your senses and STOP USING IT.There's no value in a consensus that's reached with brains off. Use the @ for all I care, BTC is fine, so are Unicode hacks, just not something that's asking for trouble! I'm going to put this in my sig for a bit, just to make a point. $ works fine :/ |
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There's some slight improvement, at least.
Work on your tone quality. A note should not sound like a screech.
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You guys... where can I get these fonts All I see is the baht and the "currency symbol." The rest are boxes and B-boxes. |
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Nefario and Goat, please tell us why you won't submit to paid, legally binding mediation through a neutral third party such as http://judge.me? |
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Honestly, everyone should just continue using BTC until a Bitcoin symbol is standardized and viewable on 95% of computers without modifying the default fonts or encodings. Everyone is already using B⃦ via images Oh, B-box. Charming. |
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Uh, guys... what am I missing here?  A working web browser, perhaps. Or maybe it's a font issue with your system. Not everyone enjoys Windows loading several gigabytes of fonts on startup. I am running the latest Chrome on a minimal WinXP Pro, and these are boxes for me: Ƀ Ƀ The Thai Baht works for me. So does the custom font BTC, but that's a silly thing for a standard, unless I'm the only one who uses IRC, Wikipedia, plaintext email... |
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Funny thing is I do not have 432 BTC there, im empty. And I used multiple wallets to distribute the coins. ROFL Maybe re-download the blockchain  |
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Well actually it's just an (uncredited) repost: This is a little complex, so pour yourself a cup of coffee and take a comfy seat.
A CDO is basically an arrangement that works as follows : an issuer (I) takes a pile of debt of various entities (D1...Dn) in set ammounts (Q1...Qn) and piles it all together. The pile is then tranched, which means say that 25% of it goes to class A, which gets pA, 35% goes to class B, which gets pB and the remainder 40% goes to class C, which gets pC. The catch is that with respect to capital, class A gets paid first. If and only if there's anything left, class B gets paid. If after all B is satisfied there's anything left over, class C gets paid. The counter-catch is that pC is significantly above pA.
Now let's work this out with an example.
MPEx takes in 1000 BTC of debt from entity D1, which pays a weekly 15% ; 500 BTC of debt from entity D2, which pays a weekly 12% ; 1500 BTC of debt from entity D3, which pays 11.5% and 2000 BTC debt from entity D4, which pays 10%, and bundles it all into a CDO. The total weekly revenue of this CDO is 1000×.15+500×.12+1500×.115+2000×.1 = 582.5 BTC, and the total capital in the CDO is 5000 BTC.
The CDO is now tranched, as follows : 1250 shares class A, which pay 7% per month, 1750 shares class B, which pay 11% per month, and 2000 shares class C, which pay 15.125%.
In the event all four entities remain solvent, the class C realises a 15.125% interest, which is superior both in ammount and as principal to the 1k @15% available from entity D1.
In the event any entity goes bankrupt, the CDO plays out as follows :
class A is due 1250 in principal and 87.5 interest = 1337.5 BTC.
class B is due 1750 in principal and 192.5 interest = 1942.5 BTC
class C is due 2000 in principal and 302.5 interest = 2302.5 BTC.
Should entity D2 have gone bankrupt, the total value of the CDO is now 1150 + 0 + 1672.5 + 2200 = 5022.5. This means that class A receives its 1337.5 BTC in full, and there's 3685 left over. Class B receives its 1942.5 BTC in full, and there's 1752.5 left over, so class C realises a 24% theoretical loss or 13% practical loss (principal only).
Should entities D2 and D4 have gone bankrupt, the total value of the CDO remains 1150 + 0 + 1672.5 + 0 = 2822.5 BTC, thus class A receives its 1337.5 in full, class B receives 1485 on its 1942.5 claim and class C realises a 100% loss.
The advantages of the CDO are then apparent : class A obtains excellent security (it loses no money even if half the debtors default) for a small interest, whereas class C obtains better interest than available in the market, in exchange for footing the risk.
Obviously, the actual % wouldn't be the ones quoted, this was just a numeric example.
So now, given that MPEx is considering creating a CDO of this sort, which lenders here would be interested to participate ? (Obviously people with a track record, good ratings etc).
Thanks for reading !
This discussion is offtopic, but I had never read your post. My "PPT paying > 7% weekly" was directly derived from my insured PPT analysis. |
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Still looks like simple contract violation to me. NYAN.C should be liquidated and its assets given to NYAN.B.
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It is with great sadness and regret that I must announce my plan to close down the fund (NYAN.B).
Your choice of an equal weighting of 3 to 5 securities from NYAN.B or NYAN.C.
To encourage everyone to get this done quickly, it's going to be first-come first-serve as to who gets to choose which assets. After all shares have been exchanged back into the fund and/or bought back, NYAN.B will be delisted. It sucks, but I'm going to do the right thing here. Again, if you *prefer* any of these assets, let me know.
Nyancat Financial Contract for NYAN.B (Balanced Risk Fund)
1. The Balanced Risk Fund ("NYAN.B") profits solely from investment in, and ownership of, bitcoin businesses which are not mining operations and not exposed to "pirate".
2. Investments are chosen entirely based on sector; we seek to invest in the bitcoin community at large; but again, no mining, and no pirate.
3. NYAN.B will pay as dividend from the pool of A, B and C the lesser of 0.02 bitcoins per fund unit and the amount remaining after NYAN.A pays dividends.
4. Holders of NYAN.B are guaranteed second claim (after holders of NYAN.A) to any holdings, bitcoins or other assets of NYAN.
5. Dividends are paid weekly, to be paid within 30 days of the end of any unpaid calendar week.
Nyancat Financial Contract for NYAN.C (High Risk Fund)
1. The High-Risk Fund ("NYAN.C") profits solely from investment in, and ownership of, high-yield securities.
2. Investments are chosen entirely based on their interest rate without regard to the risk profile.
3. NYAN.C will be paid whatever isn't paid to NYAN.A and NYAN.B.
4. Holders of NYAN.C are guaranteed no rights or claim to any assets of NYAN, NYAN.A, or NYAN.B.
5. Dividends are paid weekly, to be paid within 30 days of the end of any unpaid calendar week.
Usagi should not be shutting down NYAN in this order. It's simple contract violation. Did you contact usagi about this? GLBSE? other shareholders? What was their response? No, I just noticed it. (and I'm certainly not a shareholder) |
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It is with great sadness and regret that I must announce my plan to close down the fund (NYAN.B).
Your choice of an equal weighting of 3 to 5 securities from NYAN.B or NYAN.C.
To encourage everyone to get this done quickly, it's going to be first-come first-serve as to who gets to choose which assets. After all shares have been exchanged back into the fund and/or bought back, NYAN.B will be delisted. It sucks, but I'm going to do the right thing here. Again, if you *prefer* any of these assets, let me know.
Nyancat Financial Contract for NYAN.B (Balanced Risk Fund)
1. The Balanced Risk Fund ("NYAN.B") profits solely from investment in, and ownership of, bitcoin businesses which are not mining operations and not exposed to "pirate".
2. Investments are chosen entirely based on sector; we seek to invest in the bitcoin community at large; but again, no mining, and no pirate.
3. NYAN.B will pay as dividend from the pool of A, B and C the lesser of 0.02 bitcoins per fund unit and the amount remaining after NYAN.A pays dividends.
4. Holders of NYAN.B are guaranteed second claim (after holders of NYAN.A) to any holdings, bitcoins or other assets of NYAN.
5. Dividends are paid weekly, to be paid within 30 days of the end of any unpaid calendar week.
Nyancat Financial Contract for NYAN.C (High Risk Fund)
1. The High-Risk Fund ("NYAN.C") profits solely from investment in, and ownership of, high-yield securities.
2. Investments are chosen entirely based on their interest rate without regard to the risk profile.
3. NYAN.C will be paid whatever isn't paid to NYAN.A and NYAN.B.
4. Holders of NYAN.C are guaranteed no rights or claim to any assets of NYAN, NYAN.A, or NYAN.B.
5. Dividends are paid weekly, to be paid within 30 days of the end of any unpaid calendar week.
Usagi should not be shutting down NYAN in this order. It's simple contract violation. |
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Bitcoins themselves are one of the best investments around, it seems. Browsing the tables at http://galaxies.mygamesonline.org/digitalisassets.html only about three assets (over toward the right in the shares category) jump out at me as doing better than simply holding bitcoins. The problem is that this table doesn't seem to take into consideration dividends. There are no dividends. Dividends tend to make prices go in saw-toothed waves Those saw-toothed waves allowed me to make a great profit buying and selling Tygrr-bond-P shares in-between dividends with vastly reduced pirate-default exposure  |
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Just waiting for Goat's coins to be sent back to him. If that doesn't happen, despite the two emails he sent, then it is a very obvious scam: theft.
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Buy bitcoins while subtly pretending to be providing a service.
"Get cash in mail for your GoxUSD/BTC!"
Place huge ask walls trying to suppress the price while you buy
Once you're all bought in, run TV ads for bitcoin.
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Someone should create a forum/reddit/slashdot that requires an IQ over 120 to post anything. Anyone else can only watch.
Lol Subsections for people with PhD's, word count minimums, the whole nine yards! |
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Like everyone else, I just want to report that Victor held up his end of the bargain fully. Thanks!
Post thieving. Huh? +1 Rather than repeat what he said, I'll just quote it. I'm post thieving. |
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Week 1 - Ponzi Analysis
Total dividend Number of shares Dividend per share
3.21367560 696 0.00461735 BTC
Ponzi Profit:
696 * 0.1 - 3.2 = 66.4 BTC
Shares issued since last dividend: 393
Total Profit: 105.7 BTC
Week 2 - Ponzi Analysis Total dividend Number of shares Dividend per share 8.12800000 2,032 0.00400000 BTC Ponzi Profit:2032 * 0.1 - 11.3 = 191.9 BTC |
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