[BTC-TC] LTC-ATF.B2 (Bond paying 0.05% per day interest)

[ThickAsThieves]

[13:54] <assbot> [BTCTC] [LTC-ATF.B2] 6 @ 0.0189 = 0.1134 BTC

[Deprived]

Yeah - kind of expected this to happen but quite to that extreme.

It's a very common issue with offerings that :

Look reliable
Have a small market cap

There's handful on LTC-Global that are trading in totally artifical price-ranges - where one person grabbed a large number, placed high asks, placed a few small bids to fill the gap then buys from their own sales to make it look like the range is actively being traded in.  One of the things I plan to cover on my website is the securities where this is the case - as well as the mining companies where the arrival of a few ASICs has massively increased the price to a point where they're actually demonstrably worse value than even over-priced PMBs (let alone the more reasonably priced ones).

[vandinn]

Yeah, your website will be great, I am looking forward to it. Crypto securities are in a bubble far superior to the dot com one in 2000. Most securities are overpriced by 3-10 times and more. There are funds which buy overpriced assets, but their share value is overpriced even for their NAV which already is overpriced. ))

[FloatesMcgoates]

Edit: Woops, wrong thread

[crypto-finance]

I still own 101 LTC-ATF.B2 contracts on btct.co. Any chance I can get my money back for those? Or are they worthless now?

[Deprived]

I still own 101 LTC-ATF.B2 contracts on btct.co. Any chance I can get my money back for those? Or are they worthless now?

I paid out full face value on them by dividend days ago - check your dividend history.

You'll have a dividend there of .01 BTC each.

I did it by dividend rather than buyback to save you (and me) the transaction fee.

[crypto-finance]

I still own 101 LTC-ATF.B2 contracts on btct.co. Any chance I can get my money back for those? Or are they worthless now?

I paid out full face value on them by dividend days ago - check your dividend history.

You'll have a dividend there of .01 BTC each.

I did it by dividend rather than buyback to save you (and me) the transaction fee.

Understood. Thanks.