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Author Topic: [GLBSE] BIB.PIRATE -- Bitcoin Investment Bank Pirate Bonds 4.75 % wkly from 20/8  (Read 11248 times)
brendio
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June 26, 2012, 01:53:11 AM
 #41

Funds are on their way to GLBSE for dividend. Waiting for 5 more confs.
This week's dividend has been paid!

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brendio
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June 29, 2012, 03:28:18 PM
 #42

Community service announcement:

I notice that there are currently 162 BIB.PIRATE bonds offered at 1.03 BTC each (it's not me selling). I'd like to point out that taking into account the accumulated coupon, that is less than par value, so your running yield will be greater than 6.75 %. Grab yourself a bargain!

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July 05, 2012, 02:51:59 PM
 #43

I expect to be able to announce full details around the middle of the month, but my current plan is to establish a mechanism to exchange BIB.PIRATE bonds for BS&T Trust Sub-Accounts when they become available. Full term and conditions, including minimum balances and interest rates will be announced later, but, at this stage, I expect the higher interest-paying accounts to still earn 6.75 %.

Trust Sub-Accounts should give depositors more flexibility and prompt interest payments, while getting higher rates than BS&T Savings Accounts.

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July 09, 2012, 03:23:05 PM
 #44

This week's dividend has been paid.

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July 24, 2012, 02:14:57 AM
 #45

Any idea when this week's dividends will go out, Brendio?
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July 24, 2012, 05:20:00 AM
 #46

Any idea when this week's dividends will go out, Brendio?
The funds are on the way to GLBSE now. Five more confirmations needed. Sorry, I'm not as prompt as usual. I have a lot of other stuff to organise at the moment.

EDIT: Dividends have now been paid.

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July 27, 2012, 11:05:43 AM
 #47

Hi all, just a quick note to let you know that over the next couple of days I will be travelling to Europe, so I may be a bit slow responding to PMs. I should be back on line in time for the next cut off and interest payment, but please take this into account if you wish to make a deposit so that you can get a deposit address in time.

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July 30, 2012, 06:34:34 PM
 #48

Hi all, just a quick note to let you know that over the next couple of days I will be travelling to Europe, so I may be a bit slow responding to PMs. I should be back on line in time for the next cut off and interest payment, but please take this into account if you wish to make a deposit so that you can get a deposit address in time.
I've arrived in Europe but am having issues getting the Internet to work on my computer. I am writing this from my phone. I'm not able to see whether pirate's payment has gone out.

I'm also severely jet-lagged so it is probably best that it waits until I am again able to think straight.

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July 31, 2012, 06:31:13 AM
 #49

Update: I have got Internet working and am catching up on the block chain, but need to leave in about 20 minutes. I should be able to make payments tonight when I get back. Sorry everyone for any inconvenience.

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July 31, 2012, 08:00:59 PM
 #50

so what's the news? has it gone through?

August 01, 2012, 12:21:42 AM EDIT:
Must have been one of these really long shifts... No offence but you could at least state whether you got something from the pirate.
Someone just sold for 1.0 BTC...

I openly boycott the Bitcoinica Consultancy team or Intersango: Donald Norman, Patrick Strateman and Amir Taaki
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July 31, 2012, 09:55:35 PM
 #51

Nothing yet. Sad

Mine at the Maza Club! with ShastaFarEye Prospectors! Mazacoin PPS & P2pool mining, and more services coming soon!
Maza Means Money! Check yours at the mazacha.in!

Please contact me  on my  OTC registered GPG (A54E87F2) Key's email address or guruvan@shastafareye.net  and encrypt all correspondence.
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August 01, 2012, 12:30:08 AM
 #52

Bueller?
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August 01, 2012, 05:11:42 AM
 #53

Dividends have now been sent.

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August 07, 2012, 03:50:35 PM
 #54

This week's dividends have been paid.

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August 12, 2012, 07:51:51 AM
 #55

Just a quick heads up that I will travelling tomorrow around the time pirate's payout usually comes. Hence, I will bring forward the cutoff time for wholesale deposits/redemptions to 8 am UTC. I should be able to access internet at a friend's place where I will be staying, but if that doesn't work out I may need to visit an internet cafe and payments could be expected on Tuesday. Just giving forewarning so there is no panic if I am out of contact.

Regards,
Brendio.

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August 13, 2012, 10:36:04 PM
 #56

Just a quick heads up that I will travelling tomorrow around the time pirate's payout usually comes. Hence, I will bring forward the cutoff time for wholesale deposits/redemptions to 8 am UTC. I should be able to access internet at a friend's place where I will be staying, but if that doesn't work out I may need to visit an internet cafe and payments could be expected on Tuesday. Just giving forewarning so there is no panic if I am out of contact.

Regards,
Brendio.

Internet funktioniert gut so I was able to make the dividend payment in a timely fashion and process a withdrawal request.

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August 15, 2012, 09:47:42 PM
 #57

For those who have not heard, pirate has decreased the rates on deposits in BS&T and so accordingly, rates on BIB.PIRATE will be decreasing to 4.75% weekly from after next week's dividend payment.

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August 22, 2012, 03:31:53 AM
 #58

Can you comment on your plans for this issue in the event that Pirate actually pays everyone back Brendio?
How would it proceed, with a bid wall, transfer to you, GLBSE's forced buyback feature, etc.
Would you return whatever Pirate pays you per bond with interest, share+interest-0.0025, etc?

Thanks
brendio
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August 22, 2012, 10:19:57 AM
 #59

Can you comment on your plans for this issue in the event that Pirate actually pays everyone back Brendio?
How would it proceed, with a bid wall, transfer to you, GLBSE's forced buyback feature, etc.
Would you return whatever Pirate pays you per bond with interest, share+interest-0.0025, etc?

Thanks

At this stage, I think the forced buyback feature would be the best option, but would need to talk to Nefario about the finer details.

Yes, prorated interest received would also be paid.

Brendio.

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August 22, 2012, 10:20:44 PM
 #60

I will be heading into the Black Forest tomorrow. I'm not sure whether I will have internet access or not. On the weekend, I will be staying with friends and should have access again, but I would also like to catch up with them and not be checking my bitcoin client every 5 minutes to see whether pirate has returned the funds, so there may be delays, depending on when it occurs.

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