[GLBSE] GIPPT Delisting 100% paid.

[usagi]

Anyways, I managed to sell off my remaining shares for 0.35 BTC each (meaning I got ~95 Bitcents on the coin) which is close enough for me. It was a long ride but finally it paid off trusting a few members of this community. With this I got back enough BTC to only have a minimal loss after exposing to pirateat40 (and being stupid to not pull out before I went abroad for some time where I couldn't read news) - thanks to DeadDTerra for sticking around and a big and hearthy "f*** you" to quite a lot of people in this community (of which far too many do not even have a scammer tag!) for intransparently and stupidly gambling with the money and trust I gave them.

I certainly learned a lot and that alone is worth the handfull of BTC I lost over this.

Edit:
Oh, and I probably lost more BTC because of DMC, Gigamining, usagi's "ventures" and Bitbond than because of pirateat40 - go figure!

I've responded to your concerns regarding my "ventures" in the appropriate thread. But for what it's worth I think I am the one who ended up with your share of the GIPPT debt -- I just bought 50 shares at 0.36. Let me know if there's any more where that came from Good luck~

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[imsaguy]

The remaining coins due GIPPT from EIEIO are on their way now.

[ineededausername]

To the doubters:
I haven't posted in months because there hasn't been much of a reason to post.  I don't think some of you comprehend the scale of what I went through.  The collateral fund that was to be used for payments sustained losses, after settlements, of well over 6k BTC.  I had >11k BTC of debt after P-day, and as you can imagine, it was quite depressing to pay that back and it would be even worse if I engaged in useless forum flamewars.  Even after paying over $230k in today's bitcoins (most of which had to be purchased along the way during the rally), I don't know how much reputation I have left, and I haven't been doing too much business in bitcoin-world.  This means that I have stayed and tried to live up to my overwhelming obligations despite almost zero upside, and I think that should be noted.  Although I broke most deadlines, I only have a very (comparatively) small amount of debt left to pay.  Some of you will turn around and mumble things about breaching contracts, and all I have to say is that I sleep well at night knowing that I have done my best to fulfill those contracts, although most of the time I have been late.  Here is an announcement to give some people hope.

Official Announcement
I will be completely closing out my debt by the end of the month.  FWIW, GIPPT holders shall be paid back in full and the asset closed out by March 1, 2013.  I look forward to reentering the community on that date, and perhaps starting a much more financially sound business.  We have all learned a lot from the Pirate default, and we have come far.

[Muis]

Official Announcement
I will be completely closing out my debt by the end of the month.  FWIW, GIPPT holders shall be paid back in full and the asset closed out by March 1, 2013.  I look forward to reentering the community on that date, and perhaps starting a much more financially sound business.  We have all learned a lot from the Pirate default, and we have come far.

Very good news! Too bad that after months of uncertainty, I decided yesterday to sell the 250 shares I had left below market-value, because I gave up hope. it seems like the buyer already knew about this announcement in advance

But nonetheless, I'm very impressed that you live up to your word. I think many people in the same situation had just disappeared, so that you plan to live up to the contract, shows you're a good and honest person at heart. I'm a bit annoyed to read this one day after I sold them all, but I'm happy for the other shareholders!

[ineededausername]

If I can find DeaDTerra today, a payment of 350 BTC will begin the final leg of the repayment process.

edit: He should have it now, so a payment of 580 BTC will be sent out today (230 remaining from last time).

[MPOE-PR]

To the doubters:
I haven't posted in months because there hasn't been much of a reason to post.  I don't think some of you comprehend the scale of what I went through.  The collateral fund that was to be used for payments sustained losses, after settlements, of well over 6k BTC.  I had >11k BTC of debt after P-day, and as you can imagine, it was quite depressing to pay that back and it would be even worse if I engaged in useless forum flamewars.  Even after paying over $230k in today's bitcoins (most of which had to be purchased along the way during the rally), I don't know how much reputation I have left, and I haven't been doing too much business in bitcoin-world.  This means that I have stayed and tried to live up to my overwhelming obligations despite almost zero upside, and I think that should be noted.  Although I broke most deadlines, I only have a very (comparatively) small amount of debt left to pay.  Some of you will turn around and mumble things about breaching contracts, and all I have to say is that I sleep well at night knowing that I have done my best to fulfill those contracts, although most of the time I have been late.  Here is an announcement to give some people hope.

Official Announcement
I will be completely closing out my debt by the end of the month.  FWIW, GIPPT holders shall be paid back in full and the asset closed out by March 1, 2013.  I look forward to reentering the community on that date, and perhaps starting a much more financially sound business.  We have all learned a lot from the Pirate default, and we have come far.

Value of engineer roughly tracks value of burnt equipment. Impressive to hear about cases where people actually pay off 100% of their debts after a default.

[dust]

Official Announcement
I will be completely closing out my debt by the end of the month.  FWIW, GIPPT holders shall be paid back in full and the asset closed out by March 1, 2013.  I look forward to reentering the community on that date, and perhaps starting a much more financially sound business.  We have all learned a lot from the Pirate default, and we have come far.

Very good news! Too bad that after months of uncertainty, I decided yesterday to sell the 250 shares I had left below market-value, because I gave up hope. it seems like the buyer already knew about this announcement in advance

But nonetheless, I'm very impressed that you live up to your word. I think many people in the same situation had just disappeared, so that you plan to live up to the contract, shows you're a good and honest person at heart. I'm a bit annoyed to read this one day after I sold them all, but I'm happy for the other shareholders!

I wouldn't be surprised if ineededausername or other lending cartel members were buying their own debt at a reduced rate.  Pirate defaulted over 5 months ago.  Waiting this long to pay "insurance" should be considered a scam.

[DeaDTerra]

A dividend of 0.19335744 per share has been paid.
A total of 588 BTC was paid out to the share holders.
This brings up the total amount paid to 79.867469%
//DeaDTerra

[lenny_]

Well done!

[DeaDTerra]

Another dividend of 200 BTC has been paid out
0.06576783 BTC per share has been paid.
This bring up the total repaid to 86,4735299%.
//DeaDTerra

[ineededausername]

Debt will probably be finished within this week, thanks for your patience.
--inau

[ineededausername]

Another 150 has been sent, and I owe less than 200 BTC now.

[jackmaninov]

Another 150 has been sent, and I owe less than 200 BTC now.

A true gentleman in this den of disappearing people.

[Ukyo]

Another 150 has been sent, and I owe less than 200 BTC now.

A true gentleman in this den of disappearing people.

Agreed, thank you INAU.

[ineededausername]

With the final payment of 197 BTC, my debt is now 0 BTC
My apologies that DeaDTerra has not finished the payout on Bitfunder yet for the last payment, but all of you should be fully reimbursed the next time he looks at his wallet.
Thanks for your patience.

--inau

[Ukyo]

With the final payment of 197 BTC, my debt is now 0 BTC
My apologies that DeaDTerra has not finished the payout on Bitfunder yet for the last payment, but all of you should be fully reimbursed the next time he looks at his wallet.
Thanks for your patience.

--inau

Thanks!
I know he just went to sleep a few hours ago, so when he wakes up I will poke him to get it taken care of.

INAU +++ credibility.
I think people should +1 him on WoT.

[DeaDTerra]

With the final payment of 197 BTC, my debt is now 0 BTC
My apologies that DeaDTerra has not finished the payout on Bitfunder yet for the last payment, but all of you should be fully reimbursed the next time he looks at his wallet.
Thanks for your patience.

--inau

I will pay out the dividend in 7-8 hours when I get home
Thanks for the patience.
//DeaDTerra

[Sukrim]

INAU +++ credibility.
I think people should +1 him on WoT.

For getting an interest free loan over a few months he probably used to invest into a HYIP-ponzi and finally paying it back?

Sorry, but standing behind your word is something that I expect from someone to begin with, not a feature that would need extra mentioning.

Yes, it's nice he repaid even though it's easy in this community to not to and just declare bankruptcy out of nowhere. Still it took way too long to repay and he could have communicated more openly about this, even if it causes a bit of a stirup in some nerd forum like this.

[DeaDTerra]

(411.33995574 / 3041) = 0.13526470 per share has been paid out in dividend.
This brings us up to 100% paid back
Thank you all for your patience and I yet again want to thank INAU for honoring his promise even though the terrible situation he was put in.
I am going to start delisting the asset soon, as there's no reason to keep it up anymore.
//DeaDTerra

[ineededausername]

For getting an interest free loan over a few months he probably used to invest into a HYIP-ponzi and finally paying it back?

For the record, nothing of the sort happened.  Nobody's money was used in any gamble/risk in any way.