Btc4Domains
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April 11, 2012, 04:33:09 AM |
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Hi Kluge,
200 BTC sent to:
1QGKCXjzgUFCgP5uJvghmaApwkK88r7eii
200BTC CD starts 4/11/12 and matures to be worth 225BTC on 6/13/12
Repayment address:
142DZ66NBHUn6FyBogQa6xjvPREi9HznzQ
Please confirm, cheers!
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"Governments are good at cutting off the heads of a centrally
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networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Kluge (OP)
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April 11, 2012, 04:35:30 AM |
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Hi Kluge,
200 BTC sent to:
1QGKCXjzgUFCgP5uJvghmaApwkK88r7eii
200BTC CD starts 4/11/12 and matures to be worth 225BTC on 6/13/12
Repayment address:
142DZ66NBHUn6FyBogQa6xjvPREi9HznzQ
Please confirm, cheers!
Confirmed. Thanks.  |
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Kluge (OP)
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April 15, 2012, 10:53:02 PM |
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First, if anyone missed it, I'm offering a portion of "BDK" up for sale. https://bitcointalk.org/index.php?topic=76628 Around the beginning of May, I'll keep shareholders and users more separate, with only changes affecting lendees and depositors here, while masturbatory information will be presented to shareholders in the GLBSE thread. Next, I've added the ability for the spreadsheets to fairly easily track gains and losses through equities, including dividends, though I'm not going to post every single dividend transaction, but instead go off the GLBSE log every few days and add in non-GLBSE dividends. I posted hashing rigs a while back as equities -- the 5850 about breaks even @ what I pay for electricity, so I'm not going to bother even counting mining income from that. To compensate, I will not factor in expenses in running the Icarus boards. With all that sorted, I'd also like to announce BDK equity is in excess of 3k BTC, monthly profits are almost touching 100BTC, and monthly %RoE is at a record high, >3% (well... in fairness, that's because I started including equity profits, but we did start the month with >80BTC in debt write-offs, so.... still pleasing to announce!). And finally - another reminder CDs @ 5.5%/32D won't last much longer (... hopefully). Still seeking 800BTC in deposits. |
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Kluge (OP)
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April 19, 2012, 12:58:38 AM |
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I've received as many deposits as I'd like for now.
CDs will now pay 4%/32D, 9%/63D, likely at least until ~ the end of May. I'm not sure whether or not it will increase or decrease in rate at that time -- depends on how loans are doing and how many people renew and how the public offering of BDK monthly profit goes.
The rate change does NOT affect active CDs, and CDs may be renewed at the rate they were originally given at. For most, this is 5%/32D after the rate of all CDs was increased retroactively a month or so ago. Any rate above 5.5%/32D or 12%/63D is NOT permitted to be renewed at that rate (if currently active, however, they'll obviously still pay that at date of maturity). If you have CDs out above that rate, I am willing to renew @ 5.5%/32D or 12%/63D, but not a hundredth of a % higher.
There will be some major shifts in loan diversity in the next few months. Increasingly, I'm getting out of Pirate (will be reduced to 500-1000 BTC on June first -- there's currently ~1.1k with him which isn't insured by a middle-man - total loans out equal ~3.2k), and have interest in buying IPOs again. By lowering CD rates and relying more on selling BDK profits in the future, I'm hoping BDK will be able to offer more reasonable rates to well-known producers.
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Kluge (OP)
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April 20, 2012, 11:22:45 AM |
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The Currency Risk Insurance nobody asks for has been updated to reflect the higher price of Bitcoins and lower CD interest rates. Tier 5 Insurance (the one everybody's given by default) has not been changed.
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drlatino999
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April 20, 2012, 02:57:55 PM |
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I've received as many deposits as I'd like for now.
Can't wait for this to change, spent the morning reading up on your information over coffee. |
Sappers clear the way
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Kluge (OP)
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April 23, 2012, 07:05:19 AM |
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CD rate changed again as a few CDs didn't renew. The current rate is 5%/32D, 11%/63D. As well, the minimum and maximum amounts have been changed. Previously: min - 10BTC, max - 300BTC. Currently: min - 50BTC, max - 1000BTC. Also very interested in hearing business ideas. https://bitcointalk.org/index.php?topic=77647 |
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Kluge (OP)
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April 24, 2012, 11:05:44 PM |
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BDK IPO a smidge over a week away. Will reconcile spreadsheets & OP when I wake up tomorrow (also need to make sure the Google spreadsheet is updating -- would be a real disappointment to use such a limited tool just to be able to share it publicly, then find out it isn't even sharing properly). Lots of changes in the past few days, and more tomorrow. Will likely move "WGSE" into the BDK equities portfolio as it's become a more complicated partnership. Will have a link, soon. Another equity I haven't talked about is also at a critical point in development (mostly, what to do with it) and may be showing returns & giving me a fair idea of a trajectory within a month.
Spreadsheets may be prettied up and have junk removed within a few days, too, so it looks a little less... kludgey prior to the IPO.
Currently have some USD to loan if there's any interested, too. Cheers!
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highlevelminer
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April 24, 2012, 11:11:13 PM |
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BDK I think you are doing an awesome service to help start up bitcoin companies.
I hope it would be appropriate to release a video in my locale garnering support for the bitcoin loan cause and also to help build interest in your ipo.
I will be releasing this video free of charge.
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Kluge (OP)
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April 26, 2012, 11:38:28 AM |
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Suddenly, everything changes.
Yesterday, on top of two business loans to review with our group, I'm now a probationary member in the DCAO. Holy balls are there a lot of projects in need of funding.
I'm pleased to announce a set date to get entirely out of Pirate. June 1st, we're out. Entirely. Never to re-enter. CD rates will be much lower, but depositors can see exactly what kinds of exciting projects they're helping grow, and investors who are fearful of Pirate defaulting? Again, June 1st, we're out entirely. A large withdrawal will occur on May 19th. Along with the help of IPO funds being raised, BDK will finally transition to something entirely business-oriented.
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brendio
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April 26, 2012, 12:07:02 PM |
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I'm now a probationary member in the DCAO. DCAO? DCAO Debt Collection Assistance Officer (US DoD TRICARE)
DCAO Deputy Chief Administrative Officer (various locations)
DCAO Departamento de Ciencias de la Atmósfera y los Océanos (Spanish: Department of Atmospheric and Oceanic Sciences; Argentina)
DCAO Defence Counsel Association of Ottawa (Canada)  |
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Kluge (OP)
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April 26, 2012, 12:41:43 PM |
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I'm now a probationary member in the DCAO. DCAO? DCAO Debt Collection Assistance Officer (US DoD TRICARE)
DCAO Deputy Chief Administrative Officer (various locations)
DCAO Departamento de Ciencias de la Atmósfera y los Océanos (Spanish: Department of Atmospheric and Oceanic Sciences; Argentina)
DCAO Defence Counsel Association of Ottawa (Canada) |
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stochastic
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April 26, 2012, 05:35:08 PM |
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I'm now a probationary member in the DCAO. DCAO? DCAO Debt Collection Assistance Officer (US DoD TRICARE)
DCAO Deputy Chief Administrative Officer (various locations)
DCAO Departamento de Ciencias de la Atmósfera y los Océanos (Spanish: Department of Atmospheric and Oceanic Sciences; Argentina)
DCAO Defence Counsel Association of Ottawa (Canada) For more information on how you can contribute to the DCAO and to apply for membership, e-mail matthew.wright@dcao.org |
Introducing constraints to the economy only serves to limit what can be economical.
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Kluge (OP)
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April 27, 2012, 01:17:22 PM
Last edit: May 01, 2012, 04:30:18 PM by Kluge |
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OP updated to reflect current status. I am also looking for $5k USD in personal loans (all these loans/"CDs" are, in fact, personal loans) for myself (to be repaid in USD, of course). There will be a 96D commitment required. Minimum amount per individual lender = $500. Pays 2% every 32 days. I reserve the right to pay off principal + interest at any time prior (assuming it isn't the due date, in which case I must pay). However, if I pay early, the full amount of interest will be paid. Payment will only be accepted in DwollaUSD or GoxUSD. Paypal can be too-easily reversed, wires are expensive, and ACH transfers & checks take too long. However, if you want to do checks or ACH, that's acceptable so long as it's understood the start date doesn't occur until I have the money in Dwolla.
192D loans pay 2.2% per 32 days on otherwise identical terms.
384D loans pay 2.35% per 32 days.
PM me if interested. ID & utility bill can be provided, but I'm too cheap & lazy to get a promissory note. I'll send you an agreement via email if you'd like, however.
Example: Send me $1k GoxUSD for 96D. On 32nd day, I pay you $20. On 64th day, I pay you $20. On 71st day, I decide it's a good time to pay the loan off and send you $1020 to close the loan.
Still seeking new USD deposits. $2k fulfilled. Looking to take on an additional $4k GoxUSD or PPUSD, with a preference for PPUSD. Will no longer take DwollaUSD due to new rules they've implemented. Since their rules cut off my ability to cheaply transfer cash within a reasonable time-frame, I will now very grudgingly be using these loans exclusively for PPUSD & bankUSD loans/investments. Rate has been increased to 2.25%/32D for a 96D commitment, 2.4%/32D for a 192D commitment, 2.5%/32D for a 384D commitment. I also have a smallish amount (~$1k USD, ~300BTC) to lend for those interested in simple loans. ETA: Sorry -- I don't update this thread as often as I should. Will pay it more attention after the IPO tomorrow. Already lent out everything I have and funds are committed to pending loans until ~ the end of May unless I receive a bunch of large deposits. |
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Kluge (OP)
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May 02, 2012, 06:51:56 PM |
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Kluge (OP)
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May 02, 2012, 08:38:38 PM
Last edit: May 02, 2012, 09:28:44 PM by Kluge |
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SgtSpike has begun transfer of digital goods to Junaid. Waiting on Junaid to give green light, now. Estimated to take ~ a couple days for transfer to complete. Cheers! ETA: Since I now have four active escrow deals going on, it's very possible sellers will be paid "out of order." Since oldest coins are paid out first, this will likely cause addresses to pay the "wrong" seller. Don't be alarmed if you see the coins sent to a wallet sent to an escrow address going out before you've released your coins from escrow -- I still have them in the escrow wallet. If you really want to check, take a look at my spreadsheet and the different TxIDs I have listed. They should add up to to the transaction amounts for the four active escrow deals, +-.1BTC I keep in the wallet as a "fee buffer." |
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Kluge (OP)
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May 03, 2012, 04:05:22 AM
Last edit: May 03, 2012, 06:00:02 PM by Kluge |
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From 5/7 (after paying dividend to shareholders) to 5/10, I'm going on vacation (and by vacation, I mean going a couple towns over to a trailer without reliable Internet access to stay with family). Fair warning. Will likely have access to email, no access to wallets. Trip cancelled - nevermind.
Cheers!
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