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stochastic
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March 26, 2012, 08:37:43 PM
 #41

I agree with 2 weeks notice being reasonable.  I also find it preferrable.  If someone buys at .103 after that 2nd weekly dividend, they clearly weren't doing their research (even the thread title already indicates the change).

Assuming no one buys by then I will lower it to .1025   However only 853 are left. It seems I should lower rates again:(    (or sell more bonds)

Just a fair warning April 10th odds are will have a lower rate than 2.5%

Hi Goat,

please don't get me wrong here. I feel that you acted always fair to your shareholders, adjusting the dividend rate is perfectly fine!

Please forget my proposal, i really think we are fine here.

Sidenote: Just bought another 1.2k shares because i really like you Cheesy But if buying more shares of TyGrr-Bank means lower rates again, it seems kind of paradox for me ^^

Cheers!

True, I need to take this into account as I know you hold a lot. How much do you currently hold? Thanks.

About 7k shares Cheesy I can contact you via irc before my next investment if that helps Smiley

I hope that does not lead to asymmetrical information.

Introducing constraints to the economy only serves to limit what can be economical.
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stochastic
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March 26, 2012, 10:02:30 PM
 #42

Quote
and will be bought back at any time at .1 BTC.

Where did all the buy orders go!?

buy orders have to be funded now (visible in portfolio / btc account as bitcoins blocked).
buy/sell orders did not migrate from 1.0 to new version, please create them from scratch

I think vuce is asking where is Goat's 0.100 orders like he would buy them back in the OP.  With the migration to 2.0, whenever someone tries to make a buy order part of their BTC funds will be reserved.  So if Goat allows someone to purchase back shares at 0.100 all the time, he has to keep that amount of BTC in reserve.  Thus, the BTC he is borrowing would not be able to be used from.

I had a few hundred orders for 0.1 but canceled the order as I wanted to use the funds for something else.  I wish there was a way to put in multiple orders and then GLBSE would cancel them when the funds available fell below a certain amount.  The volume on GLBSE 2.0 is lower than 1.0 because of this.  There were a lot of phantom orders but I think the measures now are too drastic.

Introducing constraints to the economy only serves to limit what can be economical.
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March 26, 2012, 10:07:02 PM
 #43

Quote
and will be bought back at any time at .1 BTC.

Where did all the buy orders go!?

buy orders have to be funded now (visible in portfolio / btc account as bitcoins blocked).
buy/sell orders did not migrate from 1.0 to new version, please create them from scratch

I think vuce is asking where is Goat's 0.100 orders like he would buy them back in the OP.  With the migration to 2.0, whenever someone tries to make a buy order part of their BTC funds will be reserved.  So if Goat allows someone to purchase back shares at 0.100 all the time, he has to keep that amount of BTC in reserve.  Thus, the BTC he is borrowing would not be able to be used from.

I had a few hundred orders for 0.1 but canceled the order as I wanted to use the funds for something else.  I wish there was a way to put in multiple orders and then GLBSE would cancel them when the funds available fell below a certain amount.  The volume on GLBSE 2.0 is lower than 1.0 because of this.  There were a lot of phantom orders but I think the measures now are too drastic.

ah yes, haven't thought of that. Makes sense.
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March 26, 2012, 10:44:20 PM
 #44

What are we voting on? It says I should check the forums, but I'm not finding anything specific. Help?

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March 27, 2012, 12:41:26 AM
 #45

There is not vote, I used the vote as a way to send you guys a messaging letting you know the rates would drop.
I don't think there is a notification system for motions, so I'm not sure that is more effective than updating the OP and adding and update to the end of the thread.  That said, I notice that GLBSE 2.0 has a mail system.  Can you send a message to all shareholders through that?  I don't know if it would be more effective (I don't know if there is notification or visual indication of new messages), but it would be the most logical place to communicate with shareholders (outside of this thread).
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March 27, 2012, 04:53:56 PM
 #46

People can see all open motions they can vote on by clicking the motions link at the top of glbse.

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March 27, 2012, 05:38:50 PM
 #47

People can see all open motions they can vote on by clicking the motions link at the top of glbse.
I am assuming this response was directed at me.  I understand this, and it is certainly how Mushoz saw the fake motion.  My point was that faking a motion probably didn't add much notification value, as users are probably more likely to check the forum thread for updates than they are to check for motions (especially since the forum threads should indicate when there are motions).
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March 28, 2012, 02:34:28 AM
 #48

People can see all open motions they can vote on by clicking the motions link at the top of glbse.
I am assuming this response was directed at me.  I understand this, and it is certainly how Mushoz saw the fake motion.  My point was that faking a motion probably didn't add much notification value, as users are probably more likely to check the forum thread for updates than they are to check for motions (especially since the forum threads should indicate when there are motions).

Good point, I'll add a motions notification tag, in the same way that mail works.

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March 28, 2012, 03:22:36 AM
 #49

I found this interesting.

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March 28, 2012, 10:02:33 AM
 #50

Good point, I'll add a motions notification tag, in the same way that mail works.
That will be convenient for real notifications in case a forum thread update notification doesn't go out (or gets accidentally deleted).  I wonder how many more people will post in this thread asking what Goat's fake motion is for after you do that.  Is it possible/easy to mail all shareholders for next time Goat wants to post a interest raet change?  Also, is it possible that mail without subjects can't be viewed easily because there is no link to click on other than the subject?  (Just asking based on Goat's earlier response to my earlier post).
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March 28, 2012, 01:32:52 PM
 #51

Good point, I'll add a motions notification tag, in the same way that mail works.
That will be convenient for real notifications in case a forum thread update notification doesn't go out (or gets accidentally deleted).  I wonder how many more people will post in this thread asking what Goat's fake motion is for after you do that.  Is it possible/easy to mail all shareholders for next time Goat wants to post a interest raet change?  Also, is it possible that mail without subjects can't be viewed easily because there is no link to click on other than the subject?  (Just asking based on Goat's earlier response to my earlier post).

We can now mail all holders of the bond so that will happen along with a forum OP update. The fake motion was a bad idea on my part. Sorry

I have talked to Nefario about the no subject e-mail and he is on it.

Thanks.
Fixed, actually the mail system needs a good bit of work, I'll add that to my growing list of things to do.

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April 03, 2012, 04:02:34 AM
 #52

Edit:

I will be selling a 2000 more bonds and lowering the payment to 2.5% on April 3rd. This means that the dividends on March 27th and April 3rd will be at 3% but after that it will be 2.5% until I change it (odds are lower it)

End Edit:

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!

  

Are these dividends going to be paid out this week?  Is there a time when your account will be verified?

Introducing constraints to the economy only serves to limit what can be economical.
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April 03, 2012, 04:50:34 AM
 #53

Right now I do not have access to the account and I doubt Nefario will pay them for me. I am waiting for Nafario to publish his policy before I e-mail personal documents.

When do you think this will be resolved?
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April 03, 2012, 05:34:12 AM
 #54

Right now I do not have access to the account and I doubt Nefario will pay them for me. I am waiting for Nafario to publish his policy before I e-mail personal documents.

When do you think this will be resolved?

Waiting for him to publish his policy and explain why he froze my account. It is up to him right now.

Aren't you supposed to get verified with the GLBSE.  Why not just do it and get it done with.  Honestly this is making you look bad, almost like you are trying to hide something.  Not saying that you are but it could easily be viewed like this.
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April 03, 2012, 05:46:46 AM
 #55

Just a few days ago it peaked up to 0.14.  Now look...

Introducing constraints to the economy only serves to limit what can be economical.
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April 03, 2012, 09:57:20 AM
 #56

Just a few days ago it peaked up to 0.14.  Now look...
.1 isn't drastically low.  It's still face value of the bond.  Anyone paying that obviously feels that there is very little risk here...  Paying .103 now would say "I am willing to wait a week for my 2.5% interest to start" and paying .104 is just silly regardless.  After the current payment (assuming it will ultimately be made), paying more than .1025 is just silly.
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April 03, 2012, 12:09:46 PM
 #57

Aren't you supposed to get verified with the GLBSE.  Why not just do it and get it done with.  Honestly this is making you look bad, almost like you are trying to hide something.  Not saying that you are but it could easily be viewed like this.

Seriously, just do it and get it done.  I seem to recall you uploaded a pic of your passport along with a bunch of pictures of the TyGrr rigs as a sort of verification.  Just send the damn pic to Nefario and stop having a hissy fit for no reason.
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April 03, 2012, 12:26:50 PM
 #58

He wants more than just my passport,

"could you forward onto me your proof of
identity (photo ID, passport), your phone number(home and mobile).
Your current job and place of work as well as a phone number there.
And you're home address."

Anyway he is now claiming he locked the account because I tried to log in too many times. Lets see if he unlocks it.

I really do understand your concerns for privacy, I just didn't think it would be that big of deal to share the passport/ID since you had done that before.

I'm sure that you and him will be able to work out a level of verification that respects your privacy and allows him to do at least some verification.
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April 03, 2012, 12:36:52 PM
 #59

Aren't you supposed to get verified with the GLBSE.  Why not just do it and get it done with.  Honestly this is making you look bad, almost like you are trying to hide something.  Not saying that you are but it could easily be viewed like this.

Seriously, just do it and get it done.  I seem to recall you uploaded a pic of your passport along with a bunch of pictures of the TyGrr rigs as a sort of verification.  Just send the damn pic to Nefario and stop having a hissy fit for no reason.

He wants more than just my passport,

That's not true, he explained in the other thread that these were options and that he would accept passport as a minimum:

Quote from: nefario
The steps to get this resolved are clear and simple:
1) let me finish adding two factor auth
2) goat, provide me with enough proof of identity to verify you are who you say you are, doesn't have to be everything I requested, just enough to prove who you are with the minimum of a pic of your passport.

That's from this post, where nefario also explains why he locked the account: https://bitcointalk.org/index.php?topic=75047.msg832920#msg832920. I think his actions are reasonable (except not freezing trading) and I hope you will also be reasonable.

EDIT: 2-factor auth is implementend for withdraw/transfer/pw-change, so I guess it's now up to you, goat.

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April 03, 2012, 12:40:56 PM
 #60

Anyway he is now claiming he locked the account because I tried to log in too many times. Lets see if he unlocks it.
No. He locked it because of numerous failed attempted to log into your account. Was it you? Or was someone else trying to hack your account? If the latter, then it was probably a good step for nefario to take to protect (y)our funds.

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