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Burks (OP)
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March 17, 2015, 11:36:41 AM |
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Dear all,
A friend of mine won a poker tournament about 5 years ago.
The price is $7000 per year for 20 years.
The past 5 years are paid out as expected and the poker company is listed on the NYSE.
The theoretical value of the 15 payments with different discount rates is as followed.
0%: 105k
1%: 97.7k
2%: 91.3k
3%: 85.4k
4%: 80.2k
5%: 75.4k
6%: 71.0k
7%: 67.1k
8%: 63.5k
9%: 60.2k
My question, is there a investor who is willing to trade the future payments for BTC at this moment. (and if so, what would be an appropriate rate?)
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According to NIST and ECRYPT II, the cryptographic algorithms used in
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will not be too difficult to transition to different algorithms.)
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goose20
Legendary
 Offline
Activity: 1173
Merit: 1000
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March 17, 2015, 01:33:38 PM |
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Dear all,
A friend of mine won a poker tournament about 5 years ago.
The price is $7000 per year for 20 years.
The past 5 years are paid out as expected and the poker company is listed on the NYSE.
The theoretical value of the 15 payments with different discount rates is as followed.
0%: 105k
1%: 97.7k
2%: 91.3k
3%: 85.4k
4%: 80.2k
5%: 75.4k
6%: 71.0k
7%: 67.1k
8%: 63.5k
9%: 60.2k
My question, is there a investor who is willing to trade the future payments for BTC at this moment. (and if so, what would be an appropriate rate?)
Not really a currency exchange thread...so this post doesn't belong in this sub-forum. Anyways, for me, if this was legit and future winnings were transferable etc etc - about 21k-25k would be ballpark value. |
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Neonecrox13
Member
Offline
Activity: 112
Merit: 10
SAD - no longer active
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March 17, 2015, 01:59:49 PM |
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This belongs in Lending.
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Vod
Legendary
Offline
Activity: 3682
Merit: 3056
Licking my boob since 1970
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March 17, 2015, 06:30:38 PM |
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You didn't list any kind of collateral.
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https://nastyscam.com - landing page up https://vod.fan - advanced image hosting - coming soon! OGNasty has early onset dementia; keep this in mind when discussing his past actions.
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Burks (OP)
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March 18, 2015, 09:46:37 AM |
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Dear all,
A friend of mine won a poker tournament about 5 years ago.
The price is $7000 per year for 20 years.
The past 5 years are paid out as expected and the poker company is listed on the NYSE.
The theoretical value of the 15 payments with different discount rates is as followed.
0%: 105k
1%: 97.7k
2%: 91.3k
3%: 85.4k
4%: 80.2k
5%: 75.4k
6%: 71.0k
7%: 67.1k
8%: 63.5k
9%: 60.2k
My question, is there a investor who is willing to trade the future payments for BTC at this moment. (and if so, what would be an appropriate rate?)
Not really a currency exchange thread...so this post doesn't belong in this sub-forum. Anyways, for me, if this was legit and future winnings were transferable etc etc - about 21k-25k would be ballpark value. Technically, it's a loan (either is USD or BTC, doesn't really matter) |
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EcuaMobi
Legendary
Offline
Activity: 1862
Merit: 1469
https://Ecua.Mobi
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March 18, 2015, 12:12:49 PM |
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Your thread is too unclear OP. Post exact amount you're asking, interest rate, period and collateral you're offering.
If you're just asking for advice then it shouldn't be on the Lending board.
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ACCTseller
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March 18, 2015, 01:48:34 PM |
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He is selling a stream of $7,000 payments, paid annually by a company listed on the NYSE for the next 15 years. The amounts he listed are that would be the value of the annunity based on various discount (interest) rates.
Anyone considering this would need to confirm how credit worthy the company who sold the annunity is as well as the fact that the payments can in fact be assigned.
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Burks (OP)
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March 20, 2015, 10:51:00 AM |
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He is selling a stream of $7,000 payments, paid annually by a company listed on the NYSE for the next 15 years. The amounts he listed are that would be the value of the annunity based on various discount (interest) rates.
Anyone considering this would need to confirm how credit worthy the company who sold the annunity is as well as the fact that the payments can in fact be assigned.
Excatly. The collatoral is the anual payments. It is something like a bond with 15 years duration... (it is even possible to hedge the future intrest rate, so the risk is minimal...) |
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ACCTseller
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March 20, 2015, 12:16:31 PM |
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He is selling a stream of $7,000 payments, paid annually by a company listed on the NYSE for the next 15 years. The amounts he listed are that would be the value of the annunity based on various discount (interest) rates.
Anyone considering this would need to confirm how credit worthy the company who sold the annunity is as well as the fact that the payments can in fact be assigned.
Excatly. The collatoral is the anual payments. It is something like a bond with 15 years duration... (it is even possible to hedge the future intrest rate, so the risk is minimal...) why don't you post the company that backs the annunity as not all issuing companies are the same? Also you should post what basis makes you believe that you can in fact sell the annunity without violating the terms of the insurance contract. |
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