B

[El Cabron]

B
  

[shakaru]

did you flip your sale and buy back rates around?

[brendio]

This is your contract:

<contract>test</contract>

<facepalm>

Nice use of 20 BTC! That's 5 BTC per letter.

I went to the contract to see if it mentioned what you intend to do with the funds. Perhaps you can answer it here for those prepared to invest in a test contract.

[phelix]

This is your contract:

<contract>test</contract>

<facepalm>

Nice use of 20 BTC! That's 5 BTC per letter.

I went to the contract to see if it mentioned what you intend to do with the funds. Perhaps you can answer it here for those prepared to invest in a test contract.

[...]

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

[...]

so this means you will keep (part) of the funds as non-btc (hardware, fiat)? what will you do if the bitcoin price takes a jump?

[roomservice]

Hi TyGrr,

i'am very interested in investing, can you garuantee enought volume for buying back those stocks? GLBSE shows 1000 shares of volume for 0.1 atm.

[vuce]

Hi TyGrr,

i'am very interested in investing, can you garuantee enought volume for buying back those stocks? GLBSE shows 1000 shares of volume for 0.1 atm.

this. Otherwise, this looks pretty awesome.

[roomservice]

Deposit of 300 BTC done.

[likuidxd]

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

[brendio]

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

You can monitor repayment of capital on the BIB.goat bond at this address: http://blockexplorer.com/address/1KczyCc9YtXt9XiiXwbmgs4nZgfMebMWUk

Current status: 90 or 344 BTC repaid.

[likuidxd]

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

How many GLBSE loans are you going to take out?!

Correct me if I'm wrong; This is the second (third counting your IPO for TyGrrTech) time you've done this? Have the others paid investors back yet?

You can monitor repayment of capital on the BIB.goat bond at this address: http://blockexplorer.com/address/1KczyCc9YtXt9XiiXwbmgs4nZgfMebMWUk

Current status: 90 or 344 BTC repaid.

He's already beyond his interest date on the last loan he took AFAIK and only 25% has been repayed. Is this bond to cover the other? Unlike the last bond there is NO security in this one. Roughly $40,000 has been received now as far as I can tell. Not personally questioning you goat but this is pretty deep water.

[likuidxd]

I am not past due any date on any loan.

$40,000?

This is all unreasonable BS... FUD... You need to work your math again and reread the contracts... No one has complained about me and there is no reason to do so... I await your apology.

Never said due date, "Beyond interest date". Your contract on BIB.Goat states interest will start to accumulate at 2% after 4 months, created in November. It is now March. Not stating that you needed to have it repayed by them, but rather that on 25% has been repayed in that time. That's 5 coins a month and at the repayment rate/exchange rate that's a large chunk.

BIB.Goat Loan from BIB 344 BTC @ ~ $3.2/BTC = $1156
$4,500 of equipment 'loan' long term mining contract open to public on the GLBSE (TyGrr)
TyGrr-Bank - 5,000 shares IPO @ 0.1BTC = 500 BTC @ $4.85/BTC = $2,425 (Share Quantity Issued states 50,000 Shares?!)
Totals: $8,081

Now, why please does that say 50,000 shares issued? ($40,000 was taking into account this number and is a mistake, my apologies for that)

Do you still own 1,050 shares in TyGrr?

This is not a personal attack on you, don't take it that way. This is about transparency. You have loans out that are not repayed yet and you are asking for another but calling it a bank...

Right now I will be buying used/new hardware that I can get at a decent price from China/Japan. But in the future it could be for anything. If I get enough I will loan out money at higher rates than I pay.

No one has complained about me and there is no reason to do so... I await your apology.

No one ever complained about Shakaru either, shit happens and now unfortunately many are at his throat. Glad to hear you have 2,000 BTC in FirstPirate in case something does happen to recover people losses.

[roomservice]

AWESOME! Just reinvested the dividends

Thank you so much for offering this service! I haven't seen any stock on GLBSE that can offer that kind of return to investment!

[molecular]

wow, some questions, goat:

• It says there are 50.000 issues in all, 5146 on sale. Does this mean you already sold 50000-5146 = 44854 issues totalling 4619.96 BTC?!?
• If not: how many did you sell?

[vuce]

wow, some questions, goat:

• It says there are 50.000 issues in all, 5146 on sale. Does this mean you already sold 50000-5146 = 44854 issues totalling 4619.96 BTC?!?
• If not: how many did you sell?

On the charts page you can see the volume done in the last 30 days or what not. I only listed 1000 for sale.

I was not sure to value them at .1 or .01   In the end I went with .1, also I can sell more later if I need.

You mean 10000? 4642 have already been sold.

[molecular]

wow, some questions, goat:

• It says there are 50.000 issues in all, 5146 on sale. Does this mean you already sold 50000-5146 = 44854 issues totalling 4619.96 BTC?!?
• If not: how many did you sell?

On the charts page you can see the volume done in the last 30 days or what not. I only listed 1000 for sale.

I was not sure to value them at .1 or .01   In the end I went with .1, also I can sell more later if I need.

You mean 10000? 4642 have already been sold.

how do you know 4642 have been sold? adding up the bars on bitcoincharts gives me a volume of 1100 (roughly), so no more than that could've been sold, right?

Asks
0.1030000 BTC   5146

Bids
0.1010000 BTC   5
0.1000000 BTC   1000

He's offering to buy back 1000 at 0.1 BTC as promised. But if "I only listed 1000 for sale" is correct, how can there be 5146 on the ask side?

I'm confused.

[vuce]

wow, some questions, goat:

• It says there are 50.000 issues in all, 5146 on sale. Does this mean you already sold 50000-5146 = 44854 issues totalling 4619.96 BTC?!?
• If not: how many did you sell?

On the charts page you can see the volume done in the last 30 days or what not. I only listed 1000 for sale.

I was not sure to value them at .1 or .01   In the end I went with .1, also I can sell more later if I need.

You mean 10000? 4642 have already been sold.

how do you know 4642 have been sold? adding up the bars on bitcoincharts gives me a volume of 1100 (roughly), so no more than that could've been sold, right?

Asks
0.1030000 BTC   5146

Bids
0.1010000 BTC   5
0.1000000 BTC   1000

He's offering to buy back 1000 at 0.1 BTC as promised. But if "I only listed 1000 for sale" is correct, how can there be 5146 on the ask side?

I'm confused.

check http://charts.glbse.com/markets/TyGrr-Bank/trades.html. Unless he was buying them back at 0.103, he sold 4642 shares. I also remember there were almost 10000 outstanding shares at the beginning.

[molecular]

check http://charts.glbse.com/markets/TyGrr-Bank/trades.html. Unless he was buying them back at 0.103, he sold 4642 shares. I also remember there were almost 10000 outstanding shares at the beginning.

Thanks a lot, this helped. Apparently if you set the chart time range to "all time", it only displays back to march 9th.

[molecular]

Second week paid. Thanks.

Thanks.

[stochastic]

TyGrr-Bank Now operational on GLBSE!

TyGrr-Bank is a BTC bond that will pay weekly dividends every Tuesday 6:00 PM Thailand time.

This is an easy and safe way to lend small amounts of BTC.

The current rate is 3% each week!

Each bond will be sold at .103 BTC and will be bought back at any time at .1 BTC.

This spread is here because you do not need to hold the bond for a full week to get the dividend payment.


Thanks!

  

I see what you did there.  You are getting a portion of the bond a free 0% weekly loan.

You should be buying them back at .103 BTC instead of .100 BTC to give the bond holders "3% each week".  You state that it is not necessary for the bondholder to hold the bond for a whole week to get the dividend payment of 0.003 BTC per share. If someone buys the bond at 0.103 BTC and holds it for a week and gets 0.003 BTC, then when they go to sell it at 0.100 BTC you will essentially be getting a 0% weekly loan.

The bond holder would have to hold the bond for 2 weeks to receive the "3% each week" rate.

	Week		Purchased Price (BTC)		Repurchase		Culumative		Rate of Return (%)
	1		0.103		0.100		0.03		0%
	2		0.103		0.100		0.006		2.9%
	3		0.103		0.100		0.009		5.83%
	4		0.103		0.100		0.012		8.74%

[stochastic]

Okay it seems that I did not word this correctly and I am off on my numbers. I should have sold at .`1 and bought back at .097.

I can't sell and buy back at the same price because people would only hold the bond for the few seconds that they needed to get dividends.

But yes you do bring up a few points that I do need to correct. Give me some time and I will deal with this.

Thank you for pointing it out.

Selling at 0.100 BTC and buying back at 0.097 BTC is the same thing as selling at 0.103 BTC and buying back at 0.100.  The difference is still 0.003 BTC.

You could not tell people the time you are going to be releasing the dividend payment, but maybe the best option is to change the OP and state that 3% dividend is possible after 2 weeks of holding the bond.  After 2 weeks there really is no issue.