[CLOSED] CIUCIU.BOND

[MPOE-PR]

If it weren't for the fact that "ciuciu" is a common way to say "jack shit" in Romanian, as in "investors get jack shit" and the correct derivation in Ciuciulete that indicates familiarity of issuer with that language, I'd almost consider this legit. Then I'd remember it's offered on GLBSE and chuckle at the notion.

[ciuciu]

If it weren't for the fact that "ciuciu" is a common way to say "jack shit" in Romanian, as in "investors get jack shit" and the correct derivation in Ciuciulete that indicates familiarity of issuer with that language, I'd almost consider this legit. Then I'd remember it's offered on GLBSE and chuckle at the notion.

For me, CIUCIU comes from the sound of a train in Romanian and is equivalent to ChooChoo in English. Me and my son play with his trains a lot. For you I see it has a different meaning, but it doesn't surprise me.

[nimda]

If it weren't for the fact that "ciuciu" is a common way to say "jack shit" in Romanian, as in "investors get jack shit" and the correct derivation in Ciuciulete that indicates familiarity of issuer with that language, I'd almost consider this legit. Then I'd remember it's offered on GLBSE and chuckle at the notion.

I uh... looked at your site. I'd recommend you pick up one of the freelance HTML programmers around here for the $225 premium it takes to open an account. For example, nobody with credentials has ever used "border=1" in the past decade. CSS3? Ring a bell, Ms. 1990?

Then, I looked at your stats. "24`680.15392596 BTC 30 day volume." Sorry to bust your bubble as "the bitcoin stock exchange", but that's about 5 times the market cap of COGNITIVE mining, an asset offered on GLBSE by a teenager. Said teenager has a better website than you too.

[Bitcoin Oz]

If it weren't for the fact that "ciuciu" is a common way to say "jack shit" in Romanian, as in "investors get jack shit" and the correct derivation in Ciuciulete that indicates familiarity of issuer with that language, I'd almost consider this legit. Then I'd remember it's offered on GLBSE and chuckle at the notion.

I uh... looked at your site. I'd recommend you pick up one of the freelance HTML programmers around here for the $225 premium it takes to open an account. For example, nobody with credentials has ever used "border=1" in the past decade. CSS3? Ring a bell, Ms. 1990?

Then, I looked at your stats. "24`680.15392596 BTC 30 day volume." Sorry to bust your bubble as "the bitcoin stock exchange", but that's about 5 times the market cap of COGNITIVE mining, an asset offered on GLBSE by a teenager. Said teenager has a better website than you too.

 

[ciuciu]

Tomorrow third dividend will be paid.

Thank you.

[ciuciu]

Dividends paid.

Sold: 3936 bonds x 0.1= 393.6 BTC
Interest Payment: 393.6 X.011= 4.3296 BTC

Thanks everyone!

[ciuciu]

Up for new investors!

Thank you.

[ciuciu]

Fed up with illusory dividends? Please buy the bond which guarantees your profit CIUCIU.BOND.

[boonies4u]

How many bonds have you sold so far? How many more are you looking to sell?

The fund is called CIUCIU INVESTMENTS but I don't see it listed anywhere what CIUCIU INVESTMENTS does or is (other than a .BOND). Is this essentially a personal loan, that you pay 1.1% weekly until you decide you are done/had enough? OR are the funds used to do something more specific? I'm not giving you a hard time because of what I think it is, just that it could use some clarification.

BTW do you have any ratings beyond this?

[ciuciu]

How many bonds have you sold so far? How many more are you looking to sell?

The fund is called CIUCIU INVESTMENTS but I don't see it listed anywhere what CIUCIU INVESTMENTS does or is (other than a .BOND). Is this essentially a personal loan, that you pay 1.1% weekly until you decide you are done/had enough? OR are the funds used to do something more specific? I'm not giving you a hard time because of what I think it is, just that it could use some clarification.

BTW do you have any ratings beyond this?

Hi,

Please see: https://glbse.com/api/quantity_trading/CIUCIU.BOND for the bonds sold. At the moment, I'm looking to sell 10000 bonds, but I may sell more as opportunities arise.
Yes, I run this as a personal loan. I invest in my mining farm, mining bonds and some private investment funds.
I do not use OTC, but I do have an account and now I see nimda left me a gracious note. Thank you nimda I will return it!
Beside this, I do have feedback in my deposits thread https://bitcointalk.org/index.php?topic=87780.0. I have more feedback as a seller in the buying forum, and I borrowed a great number of bonds in this thread https://bitcointalk.org/index.php?topic=84084.0
As you can see I'm fully verified with GLBSE, I just do not use social media.

[nimda]

How many bonds have you sold so far? How many more are you looking to sell?

The fund is called CIUCIU INVESTMENTS but I don't see it listed anywhere what CIUCIU INVESTMENTS does or is (other than a .BOND). Is this essentially a personal loan, that you pay 1.1% weekly until you decide you are done/had enough? OR are the funds used to do something more specific? I'm not giving you a hard time because of what I think it is, just that it could use some clarification.

BTW do you have any ratings beyond this?

I do not use OTC, but I do have an account and now I see nimda left me a gracious note. Thank you nimda I will return it!

Good that you said this; I was just about to make sure that the account wasn't an impostor. (That would get a very special score of -10 )

[locust]

How many bonds have you sold so far? How many more are you looking to sell?

The fund is called CIUCIU INVESTMENTS but I don't see it listed anywhere what CIUCIU INVESTMENTS does or is (other than a .BOND). Is this essentially a personal loan, that you pay 1.1% weekly until you decide you are done/had enough? OR are the funds used to do something more specific? I'm not giving you a hard time because of what I think it is, just that it could use some clarification.

BTW do you have any ratings beyond this?

I lent some bonds to ciuciu (as many other forum members). The bonds were returned after 30 days and ciuciu always payed without delays, as promised.

You can see it here:
https://bitcointalk.org/index.php?topic=84084.0

[ciuciu]

Much obliged locust!

[ciuciu]

Dividends paid.

Sold: 4265 bonds x 0.1= 426.5 BTC
Interest Payment: 426.5 X.011= 4.6915 BTC

Thanks everyone!

[ciuciu]

Dividends paid on Friday.

Sold: 4570 bonds x 0.1= 457 BTC
Interest Payment: 457 X.011= 5.027 BTC

Thanks everyone!

Still 415 bonds for sale.

[gabbynot]

No news on this for quite some time...

Any updates at all?  Are dividends accumulating?  Any asset holder info from GLBSE yet?

[ciuciu]

I won't be able to pay any dividends. All funds were tied up in GLBSE shares. I did not recieve the BTC I had in my account or any shareholders list.
At this moment, after the GIGAMINING episode which will be followed soon by many, I'm afraid I'm in default.

[gabbynot]

Well, at least the principal will still be intact, as these bonds were "guaranteed".

[Bitcoin Oz]

Well, at least the principal will still be intact, as these bonds were "guaranteed".

LOL

[Meni Rosenfeld]

As you may know, the first emission of CIUCIU.BOND is now live on GLBSE https://glbse.com/asset/view/CIUCIU.BOND

CIUCIU.BOND pays 1.1% of face value every Friday. Percentage will remain at 1.1%/week until the bond is bought back by the bond-issuer. Bonds will be issued at .1 BTC, and each share will pay .0011 BTC weekly. There is no limit on how many bonds may be issued, nor when they may be issued. Bonds can be issued and sold without warning by the bond-issuer at any price. Bonds cannot be sold back to the bond-holder except in case of a buyback. CIUCIU.BND does not have a set date of maturity.
The buyback price is set at 0.1011 BTC per share.
The bond-issuer is not permitted to change this contract at any time under any circumstance.

Thank you.

I won't be able to pay any dividends. All funds were tied up in GLBSE shares. I did not recieve the BTC I had in my account or any shareholders list.
At this moment, after the GIGAMINING episode which will be followed soon by many, I'm afraid I'm in default.

I'm sorry, but the OP didn't say anything about the bond being null if you suffer losses due to a 3rd party service. It says the bond is guaranteed and intended for people who do not want risk.

Delays and disorder due to missing data are acceptable. Default due to losses on GLBSE, GIGAMINING or elsewhere are not.

(I wasn't invested in this. I considered it, but didn't feel right about it in light of this comment.)