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Isepick
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June 05, 2012, 01:11:59 PM |
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Is there a cap on number of shares h you sell today @ 1.02?
I will sell over 9000 bonds today if there are bids. Epic win |
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Rygon
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June 05, 2012, 03:12:55 PM |
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Is there a cap on number of shares h you sell today @ 1.02?
I will sell over 9000 bonds today if there are bids. With several pass-through now bonds putting tens of thousands of BTC into the Pirate investment vehicle (which I assume is a clipper with a skull and crossbones flag), are people getting pused out of that fund? If there are, is anyone willing to admit it? If I understood correctly, people who entered that fund last would get kicked out if early investors wanted to put in more funds. Otherwise, it would mean that the fund is growing by several thousand BTC each week. Not completely unbelievable, but that would only fuel the fire for the Ponzi accusations. |
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redbeans2012
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June 05, 2012, 04:09:57 PM |
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Is there a cap on number of shares h you sell today @ 1.02?
I will sell over 9000 bonds today if there are bids. With several pass-through now bonds putting tens of thousands of BTC into the Pirate investment vehicle (which I assume is a clipper with a skull and crossbones flag), are people getting pused out of that fund? If there are, is anyone willing to admit it? If I understood correctly, people who entered that fund last would get kicked out if early investors wanted to put in more funds. Otherwise, it would mean that the fund is growing by several thousand BTC each week. Not completely unbelievable, but that would only fuel the fire for the Ponzi accusations. I don't see how this can't be a ponzi. Invested some anyways for fun |
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Rygon
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June 06, 2012, 01:21:10 PM |
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This thread is not about Pirates operation. There are many many all over the forums. If you want in his operation, this is a good way to get in. If you do not want in and want to speculate please take it to one of the many on topic threads. Thanks.  No problem! And yes, this is a good way to get in. |
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molecular
Donator
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Activity: 2772
Merit: 1019
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June 08, 2012, 05:54:27 AM |
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If pirate's business doesn't last beyond december, and miners turn unprofitable with the reward drop, will there be any worthwhile investments left on GLBSE?
why would miners turn unprofitable? especially established fpga miners have no reason at all to get out unless their income falls below the operational cost (mainly power cost), in which case we have other problems than our bitcoin investment returns. |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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MoneyIsDebt
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June 08, 2012, 08:29:20 PM |
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why would miners turn unprofitable?
You answer the question yourself. unless their income falls below the operational cost (mainly power cost)
With number of miners increasing, difficulty increases, and with the reward dropping, it's very likely that some miners will be paying more for costs than the mining rewards. That wasn't the main point though of my question though, more that there's little besides miners and pirate paying dividends. So if miners produce less and pirate collapses, what does one invest in. |
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Tomatocage
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brb keeping up with the Kardashians
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June 08, 2012, 08:31:27 PM |
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Next Tuesday I will be traveling international to a country not known for its tech infrastructure. I will be in the capital at that time and do not expect to have any problems or delays for the bond but if there is one do not panic.
Thanks.
c u next tuesday |
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Newar
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https://gliph.me/hUF
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June 11, 2012, 12:27:20 PM |
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... each week on Tuesday around 4 to 6 PM Thailand time ...
Can you specify that in GLBSE Time, please. |
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Serge
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June 11, 2012, 12:34:24 PM |
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Thailand is ahead of GLBSE by 12 hours
4 PM Thai = 4 AM GLBSE and vise verse
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GeoRW
Sr. Member
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Activity: 350
Merit: 257
Trust No One
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June 11, 2012, 01:51:48 PM |
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Someone sold all shares down to 1.0 BTC price. I assume it was not Goat, since it's still Monday and no dividends were paid yet. Not that I complain |
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MrTeal
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June 11, 2012, 02:01:26 PM |
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Someone sold all shares down to 1.0 BTC price. I assume it was not Goat, since it's still Monday and no dividends were paid yet. Not that I complain You didn't hear? Pirate defaulted, the guy was dumping his shares while they're still worth something. j/k  |
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GeoRW
Sr. Member
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Trust No One
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June 11, 2012, 02:05:48 PM |
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Someone sold all shares down to 1.0 BTC price. I assume it was not Goat, since it's still Monday and no dividends were paid yet. Not that I complain You didn't hear? Pirate defaulted, the guy was dumping his shares while they're still worth something. j/k You never know, I just checked all the forums here |
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MrTeal
Legendary
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June 11, 2012, 02:10:16 PM |
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Someone sold all shares down to 1.0 BTC price. I assume it was not Goat, since it's still Monday and no dividends were paid yet. Not that I complain You didn't hear? Pirate defaulted, the guy was dumping his shares while they're still worth something. j/k You never know, I just checked all the forums here Someone probably need to free up some capital, PPT.B and .C also took hits. |
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Tomatocage
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brb keeping up with the Kardashians
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June 11, 2012, 02:20:26 PM |
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Someone probably need to free up some capital, PPT.B and .C also took hits. Might also be his strat against a default scenario. Sell each week on Sunday/Monday and get most of what he would have received via dividend. But fees add up real quick. |
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MrTeal
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June 11, 2012, 02:28:40 PM |
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Someone probably need to free up some capital, PPT.B and .C also took hits. Might also be his strat against a default scenario. Sell each week on Sunday/Monday and get most of what he would have received via dividend. But fees add up real quick. Selling down to 1.02 won't make him much money. I've also noticed the PPT series hasn't been shooting up as much lately. The first several issues would rise by 7-8% a few days after issues, it worked out well when the other passthroughs came long as you could buy on Friday, flip by Sunday and then do the same with the uninsured ones. The 24 hr average for PPT.C is only about 0.012 higher than the lowest sale price on Friday and not that much higher than the average sale price. |
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bitdragon
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June 11, 2012, 03:23:28 PM |
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My order for 61 units at 1.00 went through indeed...
and plus I will be getting my dividends on these tomorrow too it seems.. unless the unexpected happened..
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Sukrim
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June 11, 2012, 03:28:57 PM |
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I just had a weird flip of shares, selling at 1.09 and then suddenly my buy offer at 1.02 got filled...
I won't complain about a few handful of free bitcents though. It doesn't seem like it was a huge selloff in the first place, just looks weird on the charts.
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herzmeister
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June 11, 2012, 04:07:36 PM |
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maybe someone had some insider info?  |
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GeoRW
Sr. Member
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Trust No One
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June 11, 2012, 06:33:37 PM |
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I just had a weird flip of shares, selling at 1.09 and then suddenly my buy offer at 1.02 got filled...
I won't complain about a few handful of free bitcents though. It doesn't seem like it was a huge selloff in the first place, just looks weird on the charts.
I did the same. Basically got free one week dividend for selling at 1.09 and buying at 1.02 almost at the same time. |
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cuz0882
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June 12, 2012, 02:35:51 AM |
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I was wondering where all my btc went. Someone bought out my 1.02 bids.
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