[BitFunder] Ukyo.Loan - Paying 0.05% daily.

[Ukyo]

https://bitfunder.com/asset/Ukyo.Loan

Personal Loan to Ukyo

References:
https://bitcointalk.org/index.php?action=profile;u=35121
http://bitcoin-otc.com/viewratingdetail.php?nick=Ukto

Operates BitFunder and WeExchange

Thoughts
Many people have asked to 'invest' into BitFunder or WeExchange and have been denied.
You can think of this as a sort of round-about investment for now.

Interest:
- Shares shall pay an interest of 0.05% daily.

Shares value:
- Shares have a face value of 0.01 BTC
- Shares retain a minimum of $0.1 USD value each.

Should any event make Bitcoins become valued at less than $0.1 USD per Bitcoin or impossible to be transacted, you may request to redeem your shares for $0.1 USD instead.

Redeeming Shares:
- Shares can be redeemed at face value anytime upon request.
- Redeeming shares may take some time to liquidate positions or procure more BTC.

Description:
I have been presented with an interesting opportunity that I would prefer to not sell off other investments for.
This loan is for private investment purposes.
This loan is not tied to the success or failure of any business, investments, or opportunities.
This loan should not be defaulted on unless personal bankruptcy is officially declared.
Consider it a personal loan.

Buyback
The issuer reserves the right to buy back shares at 110% of the last 30 days average market price.
(Why a buyback? Because sometime things just have to end.

You can request refund of the loan at face value anytime.
Redeeming bonds may take some time to liquidate positions or procure more BTC if no liquid BTC is available.

[Ukyo]

Reserved.

[Branny]

First!

[usagi]

I'm happy to see a lot of fixed interest going up with reasonable rates. This should be good for the market.

Good luck, I'll be buying some of this shortly

[OgNasty]

I'm in.  Good luck.

[Dooley28]

Best of luck, I'm in too.

[Ukyo]

Thanks everyone.

There seems to be a large demand for a good stable return.

-Ukyo

[JoseRolles]

I agree. Thanks.

[QuiveringGibbage]

yo yo ma,

How many shares will be issued in total?

Cheers,
QG

[servicelabs]

I'm in too.  Good luck.

[Ukyo]

I am paying 0.06% weekly this isnt the best returns

also if you go backrupt will u pay back this loan with bitfunder funds

I don't foresee any issues with bankruptcy.
As long as BitFunder or other things produce daily BTC income, covering this should not be an issue.

-Ukyo

[Logik]

You didn't state if the private investment opportunity was legacy market or bitcoin. Would be helpful to know.

[Ukyo]

You didn't state if the private investment opportunity was legacy market or bitcoin. Would be helpful to know.

"Opportunities" technically. Some of it will be for some new things for WeExchange. So part of it is definitely for Bitcoin related activities.
Other parts are just offline business opportunities.


-Ukyo

[Logik]

OK, thanks. I just meant to get an idea of exchange rate risk. For example, if BTC/USD skyrockets, should we worry?

[zhangxiongfei]

It sounds more profitable than other bonds or stocks like AM etc.
How many shares are you going to issue?when?

[krudkeeper]

doesnt matter

if you lose all of this invsetment and everyone wants their btc back

will you raid bitfunder user balances to repay this loan

ukyo answer

[Ukyo]

doesnt matter

if you lose all of this invsetment and everyone wants their btc back

will you raid bitfunder user balances to repay this loan

ukyo answer

Uh, No?
We are talking 1.5BTC per day at absolute max.
BitFunder easily makes that.

Btw, I would appreciate you removing '[BitFunder]' from the title of your asset post on here since it is misleading people and you are not actually listed on BitFunder.

-Ukyo

[joele]

It sounds more profitable than other bonds or stocks like AM etc.
How many shares are you going to issue?when?

How come it become more profitable than AM? get AM price multiply by 0.0005 and x 7 days, AM dividend still higher.

[bigbeninlondon]

It sounds more profitable than other bonds or stocks like AM etc.
How many shares are you going to issue?when?

How come it become more profitable than AM? get AM price multiply by 0.0005 and x 7 days, AM dividend still higher.

I don't know about AM, but to compare you have to multiply by 1.0005^7 (assuming reinvestment of dividends) for maximum profitability.  That's .35% in a week.  In a year that's 20% returns.

[krudkeeper]

will u raid user balances or not