[GLBSE] BDT - 3% weekly interest bond, backed by Bitdaytrade

[nimda]

You say it doesn't prove anything, but it gave me a bad gut feeling and saved me from all this drama

[1714175249]

1714175249

[bitdaytrade]

You say it doesn't prove anything, but it gave me a bad gut feeling and saved me from all this drama

Which drama ? there's no drama happening. You're just too paranoid. It's understandable given recent bitcoin history, but i suggest you to relax on this one.

[nimda]

I'll buy BDT shares now from trustworthy people (via PGP-signed futures contracts) @ 0.6 BTC per share.

This drama. A 40% loss is significant.

[Equilux]

I'll buy BDT shares now from trustworthy people (via PGP-signed futures contracts) @ 0.6 BTC per share.

This drama. A 40% loss is significant.

40% loss? What the hell are you talking about? Barging into a random thread stating to buy shares at a ludicrous price is considered a loss these days?

[Bitcoin Oz]

I'll buy BDT shares now from trustworthy people (via PGP-signed futures contracts) @ 0.6 BTC per share.

This drama. A 40% loss is significant.

Its only a loss if you sell.

[nimda]

I'll buy BDT shares now from trustworthy people (via PGP-signed futures contracts) @ 0.6 BTC per share.

This drama. A 40% loss is significant.

Its only a loss if you sell.

I'm assuming theymos was serious. If he was serious, then there must be some reason behind it. Like, the asset being locked... I call that 'drama' too.

[bitdaytrade]

I'll buy BDT shares now from trustworthy people (via PGP-signed futures contracts) @ 0.6 BTC per share.

This drama. A 40% loss is significant.

Its only a loss if you sell.

I'm assuming theymos was serious. If he was serious, then there must be some reason behind it. Like, the asset being locked... I call that 'drama' too.

You're free to call it like you want, asset will be unlocked and friday dividends paid. Who is panick selling now is being  manipulated.

[theymos]

I'm assuming theymos was serious. If he was serious, then there must be some reason behind it. Like, the asset being locked... I call that 'drama' too.

I am serious. Obviously I don't think there's a huge risk or I wouldn't be buying any BDT shares. But this freeze is reason to be concerned, and some investors might just need their principal back ASAP.

[nimda]

I'm assuming theymos was serious. If he was serious, then there must be some reason behind it. Like, the asset being locked... I call that 'drama' too.

I am serious. Obviously I don't think there's a huge risk or I wouldn't be buying any BDT shares. But this freeze is reason to be concerned, and some investors might just need their principal back ASAP.

And back to the original point, I have no reason to be concerned, because

I have to wonder... after this thread, why did people buy BDT? I was initially interested, but the incompetence in promise-keeping steered me away rather quickly

You say it doesn't prove anything, but it gave me a bad gut feeling and saved me from all this drama

[bitdaytrade]

I'm assuming theymos was serious. If he was serious, then there must be some reason behind it. Like, the asset being locked... I call that 'drama' too.

I am serious. Obviously I don't think there's a huge risk or I wouldn't be buying any BDT shares. But this freeze is reason to be concerned, and some investors might just need their principal back ASAP.

Theymos, as i have already said, this freeze is due to miscommunication and mismanagement of and about the REBATE asset, and i don't have anything to do with the management of both the IPO or the asset itself on GLBSE. I have developed and mantained the site for a while, and even funded advertising campaigns to get it profitable, but it seems the model is doomed so it's better to close it and buy back the bonds. As i said to DeadTerra, which also helped me with managing the advertising campaigns, and which is one of the most prominent investors in REBATE, i'll gladly return the coins i got from JRO in the context of that IPO.  I got these funds as a payout for the work on REBATE and Kronos.io. I have no idea where the bulk of the funds are at the moment and what they are being used for. I would also point out that i have nothing to do with ZIP.A nor with any other JRO project at the moment. BDT being frozen is a mistake and i hope this will be fixed within the next 12 hours. I have waited for 8 hours awake now but i haven't received any call from Nefario, nor any email, and i can't find him on irc as well. I'll be going to sleep now in the hope that GLBSE management will get in his right mind.

UPDATE
Nefario just responded to my email

Alberto Armandi
Founder -Bitdaytrade Ltd
+393421048844

[exahash]

I have to wonder... after this thread, why did people buy BDT? I was initially interested, but the incompetence in promise-keeping steered me away rather quickly

I'll bite...

I was initially very leery of a bond issued primarily by Alberto (no offense Alberto).  But with DT, and now Meni promoting it, I was willing to buy in.  I realize Meni has no real say over things, but if he's willing to put his name on it I believe that he believes its on the up and up.  If Meni starts promoting Dank's bank, I'll sell fast.

As for the slowness and drama on Rebate, I'm not convinced it was all Alberto.  I've known and worked with plenty of overly-optimistic people over the years.

I'm not backing BDT, but if anyone wants out while its still frozen, I'm willing to buy at a non-vulture price (props to theymos for trying) e.g. .95.

And just so it doesn't get edited away, I'm quoting Alberto's statement:

Anyone, please ignore the speculators bids, the situation is going to be cleared up very soon. I'm currently waiting for Nefario to come up with some sort of communication with me. It seems that the freezing of BDT wasn't even worth a phone call, as i didn't receive any from him. I'm waitin for further contact, for now i've just received an email stating that i am connected with REBATE IPO and i'm liable for fraud and similar stuffs.
First of all, i would like to clarify that i've developed REBATE and Kronos.io during a timeframe of partnership with Jonathan Ryan Owens, the actuator of REBATE IPO, and the recipient of most of the 5000 bitcoin raised from that operation. The last time we spoked about this he said he was going to buy back all shares from investors, so i believe that's what will be happening. I'm not accusing anyone of running with customer funds.
As for what concerns me personally, i'm an entrepreneur and web developer, and it's normal for me to have multiple projects running at the same time. I do no think i have done any wrong doing and i should not be held responsible for an asset that i even don't own on my account. BDT is an healthy security with dividends paid fully until now. I see no reasons for keeping my account frozen.

Thank you
Alberto Armandi
Founder - Bitdaytrade Ltd
+393421048844

[Bitcoin Oz]

 Im just glad JRO has nothing to do with BDT.

[Meni Rosenfeld]

But with DT, and now Meni promoting it, I was willing to buy in.  I realize Meni has no real say over things, but if he's willing to put his name on it I believe that he believes its on the up and up.

Let's put it this way. Out of the people involved in this "drama" I currently trust Alberto the most. He's made some blunders in the past but at least he's not disappearing for weeks without a trace or playing neighborhood bully freezing people's assets willy-nilly.

We're still working to resolve this, but I wouldn't worry too much. Alberto is still committed to uphold his contract, I just hope Nefario is as committed to let issuers on his platform uphold their contract.

By the way, I'll only have a limited ability to handle this over the next few days, mainly because of military reserve duty.

[ianspain]

not good

[DeaDTerra]

I have to wonder... after this thread, why did people buy BDT? I was initially interested, but the incompetence in promise-keeping steered me away rather quickly

I'll bite...

I was initially very leery of a bond issued primarily by Alberto (no offense Alberto).  But with DT, and now Meni promoting it, I was willing to buy in.  I realize Meni has no real say over things, but if he's willing to put his name on it I believe that he believes its on the up and up.  If Meni starts promoting Dank's bank, I'll sell fast.

As for the slowness and drama on Rebate, I'm not convinced it was all Alberto.  I've known and worked with plenty of overly-optimistic people over the years.

I'm not backing BDT, but if anyone wants out while its still frozen, I'm willing to buy at a non-vulture price (props to theymos for trying) e.g. .95.

And just so it doesn't get edited away, I'm quoting Alberto's statement:

Anyone, please ignore the speculators bids, the situation is going to be cleared up very soon. I'm currently waiting for Nefario to come up with some sort of communication with me. It seems that the freezing of BDT wasn't even worth a phone call, as i didn't receive any from him. I'm waitin for further contact, for now i've just received an email stating that i am connected with REBATE IPO and i'm liable for fraud and similar stuffs.
First of all, i would like to clarify that i've developed REBATE and Kronos.io during a timeframe of partnership with Jonathan Ryan Owens, the actuator of REBATE IPO, and the recipient of most of the 5000 bitcoin raised from that operation. The last time we spoked about this he said he was going to buy back all shares from investors, so i believe that's what will be happening. I'm not accusing anyone of running with customer funds.
As for what concerns me personally, i'm an entrepreneur and web developer, and it's normal for me to have multiple projects running at the same time. I do no think i have done any wrong doing and i should not be held responsible for an asset that i even don't own on my account. BDT is an healthy security with dividends paid fully until now. I see no reasons for keeping my account frozen.

Thank you
Alberto Armandi
Founder - Bitdaytrade Ltd
+393421048844

I wasn't promoting it xD, I was simply saying don't panic sell as this won't effect Alberetos project or his capabilities to pay out
Also if someone wants to sell a 1 BTC bond for 0.7 BTC I am not going to say no xD
//DeaDTerra

[Meni Rosenfeld]

I wasn't promoting it xD, I was simply saying don't panic sell as this won't effect Alberetos project or his capabilities to pay out
Also if someone wants to sell a 1 BTC bond for 0.7 BTC I am not going to say no xD
//DeaDTerra

exahash was talking about your initial position as IPO manager of BDT.

[Francesco]

UPDATE
Nefario just responded to my email

Alberto Armandi

aaand what did he say? Don't be shy, speak...

(possibile che per una volta che trovo un italiano, dobbiamo sempre distinguerci in negativo? )

[Meni Rosenfeld]

UPDATE
Nefario just responded to my email

Alberto Armandi

aaand what did he say? Don't be shy, speak...

We can't share the details yet but so far Nefario has been very cryptic and unresponsive.

[ColdHardMetal]

UPDATE
Nefario just responded to my email

Alberto Armandi

aaand what did he say? Don't be shy, speak...

We can't share the details yet but so far Nefario has been very cryptic and unresponsive.

I've been pushing him to get this dealt with, but have also been having a hard time getting in touch with him today.

[LoweryCBS]

I've been pushing him to get this dealt with, but have also been having a hard time getting in touch with him today.

Him who? Nefario or Alberto?

I'm sure I'm not alone in my desire to either have this resolved, or getting a lot more information than we have now.