Check out this site - http://www.stochastically.com/ - for weekly and monthly dividend information of GLBSE stocks plus there market capitalisation.
Monday, 10 September 2012
Sunday, 29 April 2012
A look at our first bonds: Pirate Pass Through monthly Bonds. GLBSE Ticker: PPT
Pirate Pass Through (PPT) Bonds are monthly bonds based on the elusive Bitcoin Savings and Trusts. The idea behind the bonds is to bring Bitcoin Savings and Trust interest rates which require massive sized deposits to smaller investors.
Each week we will auction off up to 2000 zero coupon bonds.
The number of bonds to be sold in the next auction will be announced 24 hours before the auction every Friday morning at 2 AM UTC. That is every Thursday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
The bond auctions will take place every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
The bonds will have a face value of 1.28 BTC exactly 27 days 22 hours after the close of the bond auction, on Saturday morning at 12 AM UTC. That is every Friday evening at 5 PM PDT, 6 PM MDT, 7 PM CDT, 8 PM EDT.
At least 1.00 BTC from every bond sold at auction will be deposited directly into an account at Bitcoin Savings and Trust (formerly First Pirate Savings and Trust).
These bonds will be partially insured and backed by a cartel of some of the most reputable and well known BTC lenders in the lending forums: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername.
In the event that BS&T stops payments and returns the principal and interest to date or changes its terms and conditions so that the intended pass through of interest is either stopped, pays lower interest or at a schedule that does not align with the PPT bonds the bonds will still be redeemed for their full face value on their scheduled redemption date. PPT and the above mentioned backers will cover any shortfalls from the capital reserves of PPT.
In the case of a total default event by BS&T (failure to return our funds to us) you will receive 25% of the face value of the bonds from the capital reserves of PPT (0.32 BTC per bond).
PPT is the entity that will back and insure the bonds. PPT.A, PPT.B, PPT.C etc. will be the actual bond issues. Please see the FAQ in the next posting for further information.
Taken from this thread about Bitcoin Savings and Trust where the money will be held by Pirateat40 on bitcointalk.org
Bitcoin Savings & Trust | www.BTCST.com
Deposits
Withdraws
Interest & Payments
7-Day Interest Rate on Deposits (based on average balance)
Frequently Asked Questions
Q: How do I setup an account?
A: Opening an account with BS&T requires a referral from a current lender. Lenders are not paid for referrals so they have nothing to gain from me but this model allows me to limit new accounts from unknown or untrustworthy members while building trust between members within the network.
Q: What are my coins used for?
A: Coins are primarily used for local transactions but may also include the following:
For more information or questions please feel free to shoot me a PM or just ask below.
As always, a big thanks to all of my current lenders for your continued support and enjoy your time at Bitcoin Savings & Trust.
-pirate@40
Savings Account - 100 BTC Minimum Required Balance
Storage Demand: Low
New Terms & Rates Effective 04/1/2012 12:00AM CSTDeposits
- You may make a deposit to your account at anytime but depending on the current storage demand, your account status and/or starting date you may receive the coins back in the form of a forced withdraw.
Withdraws
- You may withdraw a portion or your balance at any time. Withdraws are normally processed instantly but can vary depending on the size and availability.
Note: Accounts that fail to maintain the minimum balance will have the remaining coins withdrawn to the address on file. Your account will be automatically closed if your account balance is not restored within 15 days.
Interest & Payments
- Interest is earned weekly and based on the balance, deposit and withdraw activity on your account. Interest payments are made once per week (Monday CST), to the withdraw address on file and based on the prior week's account activity. Interest does not compound during the 7 day period. Upon request, you can enable the option to have your payments automatically deposited back into your account.
Note: Deposits and withdraws are tracked down to the minute and earn interest only for time they're in your account.
7-Day Interest Rate on Deposits (based on average balance)
- 100 BTC + 4.2%
- 500 BTC + 5.6%
- 2000 BTC + 7.0%
Frequently Asked Questions
Q: How do I setup an account?
A: Opening an account with BS&T requires a referral from a current lender. Lenders are not paid for referrals so they have nothing to gain from me but this model allows me to limit new accounts from unknown or untrustworthy members while building trust between members within the network.
Q: What are my coins used for?
A: Coins are primarily used for local transactions but may also include the following:
- Market Arbitrage
- Private Loans To Network Members
For more information or questions please feel free to shoot me a PM or just ask below.
As always, a big thanks to all of my current lenders for your continued support and enjoy your time at Bitcoin Savings & Trust.
-pirate@40
You can easily see not many people have the minimum 100BTC to advantage of this service so this is where Pirate Pass Through (PPT) Bonds come in to place. Taken from their thread by BurtWagner on bitcointalk.org -
Pirate rates for the small investor!
Each week we will auction off up to 2000 zero coupon bonds.
The number of bonds to be sold in the next auction will be announced 24 hours before the auction every Friday morning at 2 AM UTC. That is every Thursday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
The bond auctions will take place every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
The bonds will have a face value of 1.28 BTC exactly 27 days 22 hours after the close of the bond auction, on Saturday morning at 12 AM UTC. That is every Friday evening at 5 PM PDT, 6 PM MDT, 7 PM CDT, 8 PM EDT.
At least 1.00 BTC from every bond sold at auction will be deposited directly into an account at Bitcoin Savings and Trust (formerly First Pirate Savings and Trust).
These bonds will be partially insured and backed by a cartel of some of the most reputable and well known BTC lenders in the lending forums: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername.
In the event that BS&T stops payments and returns the principal and interest to date or changes its terms and conditions so that the intended pass through of interest is either stopped, pays lower interest or at a schedule that does not align with the PPT bonds the bonds will still be redeemed for their full face value on their scheduled redemption date. PPT and the above mentioned backers will cover any shortfalls from the capital reserves of PPT.
In the case of a total default event by BS&T (failure to return our funds to us) you will receive 25% of the face value of the bonds from the capital reserves of PPT (0.32 BTC per bond).
PPT is the entity that will back and insure the bonds. PPT.A, PPT.B, PPT.C etc. will be the actual bond issues. Please see the FAQ in the next posting for further information.
Quote
URLs for the various bond issues:
----------------------------------
Issue Number Date Bond Issued Date Bond Matures
Name of Bonds UTC MDT UTC MDT
----- -------- --------------- --------------- ---------------- ---------------
PPT.A 1500 4/21/12 2:00 AM 4/20/12 8:00 PM 5/19/12 12:00 AM 5/18/12 6:00 PM
PPT.B 2000 4/28/12 2:00 AM 4/27/12 8:00 PM 5/26/12 12:00 AM 5/25/12 6:00 PM
PPT.C TBD 5/05/12 2:00 AM 5/04/12 8:00 PM 6/02/12 12:00 AM 6/01/12 6:00 PM
PPT.D TBD 5/12/12 2:00 AM 5/11/12 8:00 PM 6/09/12 12:00 AM 6/08/12 6:00 PM
PPT.E TBD 5/19/12 2:00 AM 5/18/12 8:00 PM 6/16/12 12:00 AM 6/15/12 6:00 PM
PPT.F TBD 5/26/12 2:00 AM 5/25/12 8:00 PM 6/23/12 12:00 AM 6/22/12 6:00 PM
What are you selling?
Each week we will auction off up to 2000 zero coupon bonds with a face value of 1.28 BTC that will mature exactly 27 days 22 hours after the close of the bond auction.
When will we know how many bonds will be sold each week?
The number of bonds to be sold in the next auction will be announced 24 hours before the auction every Friday morning at 2 AM UTC. That is every Thursday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
When will the bond auctions take place?
The bond auctions will take place every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
When will the bonds mature and pay me my money?
The bonds will pay the face value of 1.28 BTC exactly 27 days and 22 hours after the close of the bond auction on Saturday mornings at 12 AM UTC. That is every Friday evening at 5 PM PDT, 6 PM MDT, 7 PM CDT and 8 PM EDT.
What will you do with the money collected from the bond auctions?
At least 1.00 BTC from every bond sold at auction will be deposited directly into an account at Bitcoin Savings and Trust (formerly First Pirate Savings and Trust).
Where do we bid on bonds?
You will need to open an account at GLBSE. The first bond auction can be viewed here https://glbse.com/asset/view/PPT.A
What happens if BS&T runs off with all the money?
In the case of a total default by BS&T the backers of the bonds will pay out exactly 25% of the face value of the bonds to all bond holders, 0.32 BTC per bond.
What happens if BS&T lowers the interest rate on deposits, returns the deposits back to PPT or in any way changes their terms?
PPT will cover the face value of the bonds upon any of these change events. The bonds will still be purchased on the maturation date as scheduled. However, there will probably not be a subsequent auction of the returned bonds if this happens.
What happens if BS&T runs out of room and starts to return deposits?
Pirate has stated in the past that if he runs out of room he would return the BTC deposited in the most recently opened accounts first. This means that the BTC deposited in the “oldest” accounts will be returned last. The FPS&T thread (now called the BS&T thread) here https://bitcointalk.org/index.php?topic=50822.0 was started on November 3, 2011. One of our stockholders has an account that predates that thread. He cannot recall exactly when he made his first deposit because that is ancient history in "Bitcoin time" but he believes it was some time in August of 2011. The point is that we have access to one of the oldest accounts in the BS&T system.
Who is backing the bonds?
The bonds are partially insured and backed by a cartel of some of the most reputable and well known BTC lenders in the lending forums: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername.
How much will the bonds cost me? What will be my actual interest rate?
The actual price you pay for the bonds each week will be decided by competitive auction. All bids for the bonds will range from 1.00 to 1.28 BTC per bond. The highest bids will win the bonds when the auction closes. Since all the bonds are worth the same amount, 1.28 BTC exactly 27 days and 22 hours from the close of the auction, the higher you bid the lower your effective interest rate.
Will my bid be high enough to buy bonds?
When the auction closes the system will sell to the highest bidder first, then the next highest bidder, then the next and so on until the auction is complete. If the bonds sell out before it makes it down to your bid then you will not get any. Of course there will be a market for these bonds so they can be traded up and down for the next 28 days until we buy them all back at 1.28 BTC per bond.
Can I bid less than 1.00 BTC per bond?
You can, but please note that orders below 1.00 BTC will never be filled by us. Of couse there is nothing preventing someone else from selling to you at that price.
Can I bid higher than 1.28 BTC per bond?
SURE! But that would not be a wise thing to do since you will lose BTC when we buy the bonds back from you for exactly 1.28 BTC per bond.
Why is the length of the bond 27 days and 22 hours instead of just 28 days?
Doing it this way gives our customers two hours in which to place their bids on the next auction if they wish to do so.
I see that the bond issues are called PPT.A, PPT.B etc. What the heck is PPT then?
There are currently six lenders backing these bonds: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername. These six backers purchase shares in PPT, the privately company that will insure and back these bonds. All of the BTC held by PPT will be held as cash in escrow against any possible Pirate default or a change in the terms at BS&T. The amount of capital held in PPT will always be greater than 25% of the face value of all outstanding bonds.
What do you think is Pirate's probability of defaulting?
That is the 1,000,000 BTC question.
Each week we will auction off up to 2000 zero coupon bonds with a face value of 1.28 BTC that will mature exactly 27 days 22 hours after the close of the bond auction.
When will we know how many bonds will be sold each week?
The number of bonds to be sold in the next auction will be announced 24 hours before the auction every Friday morning at 2 AM UTC. That is every Thursday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
When will the bond auctions take place?
The bond auctions will take place every Saturday morning at 2 AM UTC. That is every Friday evening at 7 PM PDT, 8 PM MDT, 9 PM CDT and 10 PM EDT.
When will the bonds mature and pay me my money?
The bonds will pay the face value of 1.28 BTC exactly 27 days and 22 hours after the close of the bond auction on Saturday mornings at 12 AM UTC. That is every Friday evening at 5 PM PDT, 6 PM MDT, 7 PM CDT and 8 PM EDT.
What will you do with the money collected from the bond auctions?
At least 1.00 BTC from every bond sold at auction will be deposited directly into an account at Bitcoin Savings and Trust (formerly First Pirate Savings and Trust).
Where do we bid on bonds?
You will need to open an account at GLBSE. The first bond auction can be viewed here https://glbse.com/asset/view/PPT.A
What happens if BS&T runs off with all the money?
In the case of a total default by BS&T the backers of the bonds will pay out exactly 25% of the face value of the bonds to all bond holders, 0.32 BTC per bond.
What happens if BS&T lowers the interest rate on deposits, returns the deposits back to PPT or in any way changes their terms?
PPT will cover the face value of the bonds upon any of these change events. The bonds will still be purchased on the maturation date as scheduled. However, there will probably not be a subsequent auction of the returned bonds if this happens.
What happens if BS&T runs out of room and starts to return deposits?
Pirate has stated in the past that if he runs out of room he would return the BTC deposited in the most recently opened accounts first. This means that the BTC deposited in the “oldest” accounts will be returned last. The FPS&T thread (now called the BS&T thread) here https://bitcointalk.org/index.php?topic=50822.0 was started on November 3, 2011. One of our stockholders has an account that predates that thread. He cannot recall exactly when he made his first deposit because that is ancient history in "Bitcoin time" but he believes it was some time in August of 2011. The point is that we have access to one of the oldest accounts in the BS&T system.
Who is backing the bonds?
The bonds are partially insured and backed by a cartel of some of the most reputable and well known BTC lenders in the lending forums: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername.
How much will the bonds cost me? What will be my actual interest rate?
The actual price you pay for the bonds each week will be decided by competitive auction. All bids for the bonds will range from 1.00 to 1.28 BTC per bond. The highest bids will win the bonds when the auction closes. Since all the bonds are worth the same amount, 1.28 BTC exactly 27 days and 22 hours from the close of the auction, the higher you bid the lower your effective interest rate.
Will my bid be high enough to buy bonds?
When the auction closes the system will sell to the highest bidder first, then the next highest bidder, then the next and so on until the auction is complete. If the bonds sell out before it makes it down to your bid then you will not get any. Of course there will be a market for these bonds so they can be traded up and down for the next 28 days until we buy them all back at 1.28 BTC per bond.
Can I bid less than 1.00 BTC per bond?
You can, but please note that orders below 1.00 BTC will never be filled by us. Of couse there is nothing preventing someone else from selling to you at that price.
Can I bid higher than 1.28 BTC per bond?
SURE! But that would not be a wise thing to do since you will lose BTC when we buy the bonds back from you for exactly 1.28 BTC per bond.
Why is the length of the bond 27 days and 22 hours instead of just 28 days?
Doing it this way gives our customers two hours in which to place their bids on the next auction if they wish to do so.
I see that the bond issues are called PPT.A, PPT.B etc. What the heck is PPT then?
There are currently six lenders backing these bonds: BurtWagner, PatrickHarnett, dollartrader, hashking, imsaguy and ineededausername. These six backers purchase shares in PPT, the privately company that will insure and back these bonds. All of the BTC held by PPT will be held as cash in escrow against any possible Pirate default or a change in the terms at BS&T. The amount of capital held in PPT will always be greater than 25% of the face value of all outstanding bonds.
What do you think is Pirate's probability of defaulting?
That is the 1,000,000 BTC question.
So basically a one month bond you bid on per share between 1.28BTC and 1.00BT that will pay out a maximum of 1.28BTC per share monthly that are issued every Saturday at 2:00AM GMT/UTC.
Saturday, 28 April 2012
An apology
I would like to apologise on not updating this blog as often as I would like as there has recently been a big sprout of new company's to inform you of. Although I have been busy setting up my own GLBSE listed mining company Red Star Mining. We still have over 600 shares in RSM at 0.4BTC that will pay a weekly dividend of over 0.0040BTC per week once sold. So get in there and look out for more posts ;)
Weekly dividends
Taken from this thread on by "stochastic" on bitcointalk.org here is a summary of weekly dividends
GLBSE Companies/Contract Weekly Dividend Return
Week of 4/14/2012 to 4/20/2012
| Ticker | Current Ask | Last Dividend | % Return |
| TyGrr-Bank | 0.11 | 0.0025 | 2.27% |
| PUREMINING | 0.37 | 0.00624866 | 1.69% |
| GIGAMINING | 1.581 | 0.02202454 | 1.39% |
| TyGrr | 2.08 | 0.02512562 | 1.21% |
| BITBOND | 0.64 | 0.00747781 | 1.17% |
| BMMO | 0.365 | 0.003 | 0.82% |
| Cognitive | 0.58 | 0.00412787 | 0.71% |
| MergedMining | 0.142 | 0.001 | 0.70% |
| JLP-BMD | 0.245 | 0.00159806 | 0.65% |
| M.ETF | 0.278 | 0.00179198 | 0.64% |
| MU | 0.155 | 0.00078099 | 0.50% |
| FPGA.contract | 0.43 | 0.00182983 | 0.43% |
| FPGA-EU | 0.38 | 0.0015 | 0.39% |
Quote
GLBSE Companies/Contract Weekly Dividend Return
Week of 4/07/2012 to 4/13/2012
| Ticker | Current Ask | Last Dividend | % Return |
| TyGrr-Bank | 0.102 | 0.0025 | 2.45% |
| BMMO | 0.362 | 0.0028 | 0.77% |
| TyGrr | 2.18 | 0.01534569 | 0.70% |
| MergedMining | 0.145 | 0.001 | 0.69% |
| PUREMINING | 0.49 | 0.00303109 | 0.62% |
| JLP-BMD | 0.24 | 0.001231225 | 0.51% |
| MU | 0.155 | 0.00078099 | 0.50% |
| BITBOND | 0.689 | 0.00313827 | 0.46% |
| FPGA-EU | 0.45 | 0.002 | 0.44% |
| M.ETF | 0.279 | 0.00096091 | 0.34% |
| FPGA.contract | 0.555 | 0.00253511 | 0.32% |
Saturday, 7 April 2012
Weekly dividends summary
Taken from this thread on by "stochastic" on bitcointalk.org here is a summary of weekly dividends
GLBSE Companies/Contract Weekly Dividend Return
Week of 3/31/2012 to 4/06/2012
| Ticker | Current Ask | Last Dividend | % Return |
| TyGrr-Bank | 0.1025 | 0.00335698 | 3.28% |
| PUREMINING | 0.437 | 0.00443847 | 1.02% |
| BMMO | 0.365 | 0.00305103 | 0.84% |
| JLP-BMD | 0.2499 | 0.00193222 | 0.77% |
| MergedMining | 0.152 | 0.001 | 0.66% |
| FPGA.contract | 0.555 | 0.00253511 | 0.46% |
| FPGA-EU | 0.5 | 0.002 | 0.40% |
| BTCSYN | 0.32 | 0.00103954 | 0.32% |
| M.ETF | 0.3885 | 0.00092802 | 0.24% |
Thursday, 1 March 2012
Review of GLBSE ticker symbol: FPGA.contract
It has now been nearly five weeks since we last looked at FPGA.contract with the asking price being 0.3589 at our last look and now no shares with an asking price but the bid price is currently 0.355. If you ask me the stock is still well overpriced but still it seems a good buy. The following is taken from a post by JL421 on bitcointalk.org link to original post
Started - 10/20/2011
Shares Issued - 5,500 IPO - 500 Subsequent Offerings
Owner/Operator - fizzisist - Member Since 06/20/2011
Owner's Real Identity - Unknown? Someone please inform me if otherwise...
Contract Summary - FPGA.contract is a mining company utilizing only FPGA technology. All revenue will be distributed as dividends. Weekly dividends. Growth will only be accomplished through issuing more share, which will be shareholder approved. Each share entitles a shareholder to one vote. Motions can be raised by 25% of shareholders, and will pass with a 2/3rd vote. In the event of liquidation, all revenue will be paid to shareholders. Operator reserved two (2) irrevocable rights - To raise a motion at any time - To end operation and liquidate assets at any time.
30 Day Trading Average (Recorded 02/27/2012) - 0.3652 BTC Per Share
30 Day Volume (Recorded 02/27/2012) - 1,471 Shares - 537.27 BTC
Current Capacity - ~ 2,800 MHash/s
Technology Used - FPGA - x6500 FPGA Miners
Company Activity Level - Owner is reasonably active, and responds to inquiries within 24 hours in most cases.
Company Growth Plan - Growth will only occur through the approval of motions to issue additional shares.
Does the company charge a maintenance fee - No, company owner(s) profit through dividends to shares they own.
How are Utilities Paid For - Utilities are completely paid for from the dividends of 500 shares held by the company.
Dividend Type - Weekly
Dividend History - (ROI Based on 30 Day Trading Price - Without Reinvestment)
10/23/2011 - 0.00218351 BTC Per Share (0.60% ROI)
10/31/2011 - 0.0005419 BTC Per Share (0.15% ROI)
11/07/2011 - 0.00054246 BTC Per Share (0.15% ROI)
11/13/2011 - 0.00070685 BTC Per Share (0.19% ROI)
11/20/2011 - 0.00086597 BTC Per Share (0.24% ROI)
11/28/2011 - 0.00109451 BTC Per Share (0.30% ROI)
12/05/2011 - 0.0007379 BTC Per Share (0.20% ROI)
12/12/2011 - 0.0018791 BTC Per Share (0.52% ROI)
12/20/2011 - 0.00186695 BTC Per Share (0.51% ROI)
12/27/2011 - 0.0016423 BTC Per Share (0.45% ROI)
01/02/2012 - 0.00206794 BTC Per Share (0.57% ROI)
01/08/2012 - 0.00170361 BTC Per Share (0.47% ROI)
01/16/2012 - 0.00226625 BTC Per Share (0.62% ROI)
01/22/2012 - 0.00210994 BTC Per Share (0.58% ROI)
01/28/2012 - 0.00234061 BTC Per Share (0.64% ROI)
02/05/2012 - 0.00260374 BTC Per Share (0.71% ROI)
02/12/2012 - 0.00228876 BTC Per Share (0.63% ROI)
02/20/2012 - 0.00213861 BTC Per Share (0.59% ROI)
02/27/2012 - 0.00214317 BTC Per Share (0.59% ROI)
Total Dividends Paid - 0.03172408 BTC Per Share (8.69% ROI over 19 Weeks)
Yearly Performance Estimate - 23.78% ROI - Linearly Calculated
Conclusion -
Positive -
This company has extremely reliable dividends. Dividends are also, on average, increasing; which is a positive sign given that the profitability of mining has risen during the life of this company.
The owner of this company has good plans in place to ensure the company continues to perform.
The company has very low operating costs, with all utility and maintenance paid for by the dividend of 500 shares held by the company. This equates to 1/12th of income going to operating costs.
Worrying -
While dividends have grown, the yearly estimated ROI is somewhat lower compared to other companies, but not by a significant margin.
Extremely Worrying -
Nothing to speak of.
Link to FPGA.contract GLBSE stats
Started - 10/20/2011
Shares Issued - 5,500 IPO - 500 Subsequent Offerings
Owner/Operator - fizzisist - Member Since 06/20/2011
Owner's Real Identity - Unknown? Someone please inform me if otherwise...
Contract Summary - FPGA.contract is a mining company utilizing only FPGA technology. All revenue will be distributed as dividends. Weekly dividends. Growth will only be accomplished through issuing more share, which will be shareholder approved. Each share entitles a shareholder to one vote. Motions can be raised by 25% of shareholders, and will pass with a 2/3rd vote. In the event of liquidation, all revenue will be paid to shareholders. Operator reserved two (2) irrevocable rights - To raise a motion at any time - To end operation and liquidate assets at any time.
30 Day Trading Average (Recorded 02/27/2012) - 0.3652 BTC Per Share
30 Day Volume (Recorded 02/27/2012) - 1,471 Shares - 537.27 BTC
Current Capacity - ~ 2,800 MHash/s
Technology Used - FPGA - x6500 FPGA Miners
Company Activity Level - Owner is reasonably active, and responds to inquiries within 24 hours in most cases.
Company Growth Plan - Growth will only occur through the approval of motions to issue additional shares.
Does the company charge a maintenance fee - No, company owner(s) profit through dividends to shares they own.
How are Utilities Paid For - Utilities are completely paid for from the dividends of 500 shares held by the company.
Dividend Type - Weekly
Dividend History - (ROI Based on 30 Day Trading Price - Without Reinvestment)
10/23/2011 - 0.00218351 BTC Per Share (0.60% ROI)
10/31/2011 - 0.0005419 BTC Per Share (0.15% ROI)
11/07/2011 - 0.00054246 BTC Per Share (0.15% ROI)
11/13/2011 - 0.00070685 BTC Per Share (0.19% ROI)
11/20/2011 - 0.00086597 BTC Per Share (0.24% ROI)
11/28/2011 - 0.00109451 BTC Per Share (0.30% ROI)
12/05/2011 - 0.0007379 BTC Per Share (0.20% ROI)
12/12/2011 - 0.0018791 BTC Per Share (0.52% ROI)
12/20/2011 - 0.00186695 BTC Per Share (0.51% ROI)
12/27/2011 - 0.0016423 BTC Per Share (0.45% ROI)
01/02/2012 - 0.00206794 BTC Per Share (0.57% ROI)
01/08/2012 - 0.00170361 BTC Per Share (0.47% ROI)
01/16/2012 - 0.00226625 BTC Per Share (0.62% ROI)
01/22/2012 - 0.00210994 BTC Per Share (0.58% ROI)
01/28/2012 - 0.00234061 BTC Per Share (0.64% ROI)
02/05/2012 - 0.00260374 BTC Per Share (0.71% ROI)
02/12/2012 - 0.00228876 BTC Per Share (0.63% ROI)
02/20/2012 - 0.00213861 BTC Per Share (0.59% ROI)
02/27/2012 - 0.00214317 BTC Per Share (0.59% ROI)
Total Dividends Paid - 0.03172408 BTC Per Share (8.69% ROI over 19 Weeks)
Yearly Performance Estimate - 23.78% ROI - Linearly Calculated
Conclusion -
Positive -
This company has extremely reliable dividends. Dividends are also, on average, increasing; which is a positive sign given that the profitability of mining has risen during the life of this company.
The owner of this company has good plans in place to ensure the company continues to perform.
The company has very low operating costs, with all utility and maintenance paid for by the dividend of 500 shares held by the company. This equates to 1/12th of income going to operating costs.
Worrying -
While dividends have grown, the yearly estimated ROI is somewhat lower compared to other companies, but not by a significant margin.
Extremely Worrying -
Nothing to speak of.
Link to FPGA.contract GLBSE stats
Monday, 27 February 2012
Comparison of BTC mining company's on the GLBSE
BMMO: Current mining power per BTC: 2.80Mhash/BTC
MerdegMining: Current mining power per BTC: 2.25Mhash/BTC
TyGrr: Current mining power per BTC: 2.66Mhash/BTC
JLP-BMD: 4.19 MH/s per BTC spent or 0.514 MH/s per share
The two latest start-ups.
Bitcoin Syndicate: 2MHash/s per BTC invested or 0.5MHash/s per Share
RSM: 4.16MH/s per BTC invested or 1.32MH/s per share
MerdegMining: Current mining power per BTC: 2.25Mhash/BTC
TyGrr: Current mining power per BTC: 2.66Mhash/BTC
JLP-BMD: 4.19 MH/s per BTC spent or 0.514 MH/s per share
The two latest start-ups.
Bitcoin Syndicate: 2MHash/s per BTC invested or 0.5MHash/s per Share
RSM: 4.16MH/s per BTC invested or 1.32MH/s per share
If your interested in this post then maybe you should follow this related forum post
Thursday, 23 February 2012
GLBSE ticker symbol RSM update
My own company Red Star Mining GLBSE ticker symbol RSM is offering 1.664MH/s per share at 0.4BTC per share or 4.16MH/s per BTC invested. The electricity costs will be around £20 a month for 1.663GH/s generating around 37BTC a month at todays difficulty. The CEO is being paid 1BTC or 1% of profits which ever is greatist for arrangement of paying electricity costs and running the machines and the company as a whole. If you haven't already check RSM out on the GLBSE and invest while you still can at only 0.4BTC per share!
Check out Red Star mining (RSM) blog
Check out Red Star mining (RSM) blog
Saturday, 18 February 2012
Stock pick of the month: CoinConnect GLBSE ticker symbol: CC
If you've got some BTC to invest and you aren't looking at mining company's then I recommend you take a look at CoinConnect (GLBSE charts). CoinConnect is a new social network aimed at Bitcoin users and I think the potential is massive. If you look at how busy and active www.bitcointalk.org forum is you can see how active the Bitcoin community is but forums are very limited when it comes to networking and company's reaching customers. CoinConnect has been online for nearly a year but has been plagued by spammers and suffered by the developer's resources he has been able to put into that single project but now the developer has been able to find someone to administrate and moderate the site. So now the site can reach its full potential and slowly grow to a macro scale user base possibly bigger than bitcointalk.org. The shares are a bargain at the moment at just 0.018BTC each get in there fast while there still peanuts because I think this time next year that figure could be on the other side of the decimal place.
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Thursday, 16 February 2012
Ultima Fund. None GLBSE investment.
Taken from there home page -
Ultima fund is none GLBSE private fund. Around 90% of the gains so far have been through trading Bitcoin. They have opened other positions too on EUR/USD and USD/CHF currency pairs. They was looking to invest in silver but missed the dip, so at the moment are waiting for a pull back to $30 when they plan to add some silver to the fund.
They don't trade specific stocks only options and publicly traded funds. The stratergy seems to be invested as little time as possible and wait for the extremes in the market. The fund manager claimed the stratergy has been working for him for years but can be boring in times of no opportunities. They state their first concern is not to loose money and the second one is to make money. Check them out at http://www.ultimafund.com/
Ultima Fund is the first bitcoin denominated investment fund open to public. It's simple and inovative design allows you to invest in various financial markets around the world, both bitcoin and non-bitcoin denominated. Our goal is to merge the simplicity of traditional mutual funds and sophistication of modern hedge funds.
You can start investing with us in just a few minutes. No financial expertise needed. First you need to open an account. Don't worry, you are not obliged to invest anything. You can just register to see how it looks, no need to deposit any real bitcoins. You will get your personal deposit address when you log in for the first time. Use this address to deposit real bitcoins when (and if) you decide to invest. There is no minimum deposit required. You can start with just 0.01 BTC if you like. We charge a small deposit fee that will be deducted from every deposit you make. Check "fund data and expenses" below for exact numbers.
When you wish to withdraw your bitcoins, just submit a withdrawal request from you personal account page. You can withdraw the current value of your investment at any time. Withdrawals are always commission free!
Ultima fund is none GLBSE private fund. Around 90% of the gains so far have been through trading Bitcoin. They have opened other positions too on EUR/USD and USD/CHF currency pairs. They was looking to invest in silver but missed the dip, so at the moment are waiting for a pull back to $30 when they plan to add some silver to the fund.
They don't trade specific stocks only options and publicly traded funds. The stratergy seems to be invested as little time as possible and wait for the extremes in the market. The fund manager claimed the stratergy has been working for him for years but can be boring in times of no opportunities. They state their first concern is not to loose money and the second one is to make money. Check them out at http://www.ultimafund.com/
Wednesday, 15 February 2012
Bitcoin crash get them while there going cheap!
With Bitcoin currency exchange Tradehill suspending trading (news link) and now Paxum dropping BTC transactions (news link) due to pressure from banks it's a bad time for Bitcoin and you could of expected the current crash to £3.10/$4.80. Maybe there be a couple of weeks of low stagnant prices but I reckon in two weeks the price will start to bounce back up. So if you got any spare cash in your bank account right now is a good time to buy Bitcoins at the current low.
Tuesday, 14 February 2012
Protecting your BitCoin wallet!
Your Bitcoin wallet is probably more secure if you use an alternative operating system to Windows. As Windows operating system is the main target for viruses, malware and hackers. Ubuntu is a good free alternative to Windows that is easy to use and with lots of support. If your new to the world of Linux and unsure of partitioning your hard-drive or completely removing Windows you could use Wubi to install (and remove) Ubuntu like any other Windows application. If your using a laptop and would like a massive boost to your battery life compared to Windows you could use the Lubuntu flavour of Ubuntu. If your using Wubi to install your Ubuntu you can just select the Lubuntu desktop package at the start of the Wubi installation. Lubuntu also works well on old hardware very well as does Xubuntu my favourite flavour of Ubuntu.
Your BitCoins are more secure using any other operating system than Windows.
If you'd like a mobile secure wallet you can install Ubuntu or any of it's variates onto a USB memory stick and boot your PC from USB. Here is a good guide how to do just that link. There is also this sticky on bitcointalk.org "HOWTO: Create a 100% secure wallet".
You could use Flexcoin to store your BitCoins securely tho it can involve fee which can be discounted against by having a positive balance kind of like an interest payment. When you choose the cold storage option with Flexcoin it's basically sending your BTC to an offline computer for safe storage. For an added layer of security their physical back-ups are stored in a actual bank vault. Whatever option you choose if you've got BitCoins to store you defiantly want to think about making sure there safe from hackers. Or even accidental loss too how many times have you had a virus and had to reinstall Windows or a hard-drive died on you? Well you'd loose all your Bitcoins!
Your BitCoins are more secure using any other operating system than Windows.
If you'd like a mobile secure wallet you can install Ubuntu or any of it's variates onto a USB memory stick and boot your PC from USB. Here is a good guide how to do just that link. There is also this sticky on bitcointalk.org "HOWTO: Create a 100% secure wallet".
You could use Flexcoin to store your BitCoins securely tho it can involve fee which can be discounted against by having a positive balance kind of like an interest payment. When you choose the cold storage option with Flexcoin it's basically sending your BTC to an offline computer for safe storage. For an added layer of security their physical back-ups are stored in a actual bank vault. Whatever option you choose if you've got BitCoins to store you defiantly want to think about making sure there safe from hackers. Or even accidental loss too how many times have you had a virus and had to reinstall Windows or a hard-drive died on you? Well you'd loose all your Bitcoins!
Monday, 13 February 2012
Reasons for doing this blog
The main reason I am doing this blog is because I'm looking to invest on GLBSE and I thought I'd share my research with other (potential) GLBSE investors. A good benefit to GLBSE mining company's is that the exchange offers you the chance to profit from BitCoin mining without the complexity of setting it, as well as paying out for the hardware and electricity. All the company's I've reviewed on the blog look good and are potential destinations for my BitCoins. I think an investment fund spread out over GLBSE products would be a safe bet rather than risking it all in one item. There was the Lif family of funds but they turned out to be junk/fraud which is a definite risk on GLBSE but BitCoins are still very new and the GLBSE is even newer. Hopefully this blog will help you find safe, secure and profitable shares to buy. All the GLSBE listing I have blogged about look good but the ones that have caught my eye are BitCoin mining companys TyGrr, FPGA.contract, Nasdaq investment fund XID.ALPHA, BTCWEB the BitCoin webhosting company looks a good safe bet and CC CoinConnect BitCoin social network looks promising. I think all those companys could be destinations for my BitCoins on GLBSE.
Since starting my research into GLBSE and blogging it I have decided to start my own GLBSE listed company Red Star Mining exchange ticker symbol: RSM with the help of financial advice from the Islamic Bank of Bitcoin which I'm very gratfull for. If you haven't done so yet I recommend you check the company's blog. Thanks for reading and following this blog I hope you find it useful.
Since starting my research into GLBSE and blogging it I have decided to start my own GLBSE listed company Red Star Mining exchange ticker symbol: RSM with the help of financial advice from the Islamic Bank of Bitcoin which I'm very gratfull for. If you haven't done so yet I recommend you check the company's blog. Thanks for reading and following this blog I hope you find it useful.
Sunday, 12 February 2012
GLBSE Ticker Symbol: SATOSHISDAEMON.horse
Taken from TTBit post on bitcointalk.org forum post
I have entered into a partnership to purchase a 2 year old Louisiana-bred thoroughbred filly with the intent on racing her in Louisiana. Because Louisiana has four race tracks, we will be able to race year-round for attractive purse money. The horse has been named "Satoshi's Daemon". To try and offset some of our initial costs, we're going to offer what we call "Bitcoin Interest Rights" (BIRs) for the entire career of the horse under our ownership.
When the owners take money out of the partnership, there will be an equivalent bitcoin dividend paid to all BIR holders. A portion of all winnings will have to be retained to maintain the horse. When the horse is claimed or sold, BIR holders will also get their pro-rata interest in the sale.
Please visit the website for complete bylaws.
General Info:
We each put in $5,000 USD
Cost of horse was $1,500 + first $500 of winnings go to original owner
Cost of maintenance is ~$1,500 / mo
Planning for first race in January, 2012 at either Delta Downs in Vinton, La. or Fair Grounds Race Course in New Orleans, La.
We'd like to maintain a balance of ~ $3,000 while racing.
On race day:
Purses range from $9,000 - $35,000 for Maiden races, where Satoshi's Daemon will start.
Win: 60%
Place: 20%
Show: 11%
Fourth: 6%
Fifth: 3%
The rest: ~$80 each
Jockey Commission is 10% of our revenue from the race for a win(we offer $500 bonus to jockey for win)
Jockey Commission is 5% of our revenue from the race for a second or third place finish (no bonus to jockey)
Jockey is paid a mount fee ranging from $60 - $115 for 4th - last. (The amount is based on race purse money)
Trainer Commission is 30% of our revenue from the race
Trainer/Jockey commission may seem high, but we are getting preferential training rates. If Satoshi's Daemon goes onto bigger purse races, this could possibly be re-negotiated with the trainer, but the jockey commissions are standard and set by the Louisiana Racing Commission.
www.satoshisdaemon.com
Taken from Sataoshi's Daemon website where current updates can be found also.
Sataoshi's Daemon has been listed on the exchange since October 2011. The current share price is 0.11 with a recent thirty day trading volume of three shares valued at 0.61BTC.
GLBSE charts
I have entered into a partnership to purchase a 2 year old Louisiana-bred thoroughbred filly with the intent on racing her in Louisiana. Because Louisiana has four race tracks, we will be able to race year-round for attractive purse money. The horse has been named "Satoshi's Daemon". To try and offset some of our initial costs, we're going to offer what we call "Bitcoin Interest Rights" (BIRs) for the entire career of the horse under our ownership.
When the owners take money out of the partnership, there will be an equivalent bitcoin dividend paid to all BIR holders. A portion of all winnings will have to be retained to maintain the horse. When the horse is claimed or sold, BIR holders will also get their pro-rata interest in the sale.
Please visit the website for complete bylaws.
General Info:
We each put in $5,000 USD
Cost of horse was $1,500 + first $500 of winnings go to original owner
Cost of maintenance is ~$1,500 / mo
Planning for first race in January, 2012 at either Delta Downs in Vinton, La. or Fair Grounds Race Course in New Orleans, La.
We'd like to maintain a balance of ~ $3,000 while racing.
On race day:
Purses range from $9,000 - $35,000 for Maiden races, where Satoshi's Daemon will start.
Win: 60%
Place: 20%
Show: 11%
Fourth: 6%
Fifth: 3%
The rest: ~$80 each
Jockey Commission is 10% of our revenue from the race for a win(we offer $500 bonus to jockey for win)
Jockey Commission is 5% of our revenue from the race for a second or third place finish (no bonus to jockey)
Jockey is paid a mount fee ranging from $60 - $115 for 4th - last. (The amount is based on race purse money)
Trainer Commission is 30% of our revenue from the race
Trainer/Jockey commission may seem high, but we are getting preferential training rates. If Satoshi's Daemon goes onto bigger purse races, this could possibly be re-negotiated with the trainer, but the jockey commissions are standard and set by the Louisiana Racing Commission.
www.satoshisdaemon.com
Taken from Sataoshi's Daemon website where current updates can be found also.
Addition of Satoshi's Daemon |
We are excited about the addition of Satoshi's Daemon to our racing stable. She is a 2009 Louisiana-bred filly by Southern States (father) who is the son of stakes-placed winner Southern Halo (her grand father) who was the leading sire in Argentina 7 times while siring 170 stakes winners and 19 champions. The dam (mother) of our new prospect is Honalua Honey who broke her maiden on the turf with Maiden Special Weight company. She has produced (mothered) four other foals of racing age with all becoming winners. Honalua Honey's sire (father) is Manila who is a multiple stakes winner. He was the 1986 Eclipse Champion Turf Male (USA). He was also inducted into the National Museum Racing Hall of Fame in 2008 while winning 12 of his 18 career starts with over $2.6 million in earnings. Satoshi's Daemon is a versatile, well bred prospect with a bright racing future.
|
Sataoshi's Daemon has been listed on the exchange since October 2011. The current share price is 0.11 with a recent thirty day trading volume of three shares valued at 0.61BTC.
GLBSE charts
Saturday, 11 February 2012
GLBSE Ticker: CheaperinBitcoins-Stocks
CheaperinBitcoins-Stocks are shares in the company behind the cheaperinbitcoins.com website. They are looking at setting up a website to act as an intermediary for the exchange of goods for BitCoins. They are looking at relaunching the currently offline site in March 2011 or possibly before.
The following is from a post on bitcointalk.org by Xenland about his website cheaperinbitcoins.com
With merchants having the benefit of listing their products seamlessly into one website along side of other merchants products listed.
I plan on having free and paid merchant status. The differences are
Free Merchants
*$10 deposit (in BTC value)
*List unlimited products into 1 category per product
*1 photo per product
*0 Videos per product
Paid Merchants
*Monthly Payments
*List unlimited products into 3 different categories per product
*5 photos per product
*3 videos per product
*(Still working on this idea) Option to enable web hosting and easily using a on-line editor(no coding involved) to create a custom website shop that will automatically update product listings.
Both merchant types must be verified by Snail Mail(USPS) AND E-Mail no exceptions will be allowed.
Both merchants must upload documentation that proves products have been sent before funds are released to the merchant.
Both merchants will receive shipping funds immediately. This is to prevent merchants to be forced spend out of pocket.
Most decisions making for escalated disputes(Disputes that require a decision by a third party) will favor the merchants as they are Cheaper In Bitcoins customers but all escalated disputes will be considered with equality and kept aware that although most merchants are very trust worthy some may be con artists and that will always be taken account for when investigated escalated disputes.
As for the customers they will be presented with a Cheaper In Bitcoins website with a list of categories of products to choose from. Customers can browse across thousands of products from multiple merchants and add products into one shopping cart and have only one check out page this is to provide a seamless and transparent experience for the customer -- The customer doesn't have to know that they are purchasing form multiple merchants if they don't want too but the information of the merchant they are buying from will also be easily accessible to those who are interested in whom they are buying from by looking in the "Specs" tab on each product page.
Any and all of these plans can change for the final result but I've weighed out a lot of options of everything to my knowledge and this sounds like a good pursuit for investors, me and the community as a whole so I'm working hard to make it work out for everyone but in order for me to do that I need feed back so what do you think so far?
The shares listing is only from this January with a current price of 0.4499BTC and a traded volume of 242 shares valued at 33.66BTC in the first three weeks.
Link to GLBSE charts
cheaperinbitcoins.com
The following is from a post on bitcointalk.org by Xenland about his website cheaperinbitcoins.com
With merchants having the benefit of listing their products seamlessly into one website along side of other merchants products listed.
I plan on having free and paid merchant status. The differences are
Free Merchants
*$10 deposit (in BTC value)
*List unlimited products into 1 category per product
*1 photo per product
*0 Videos per product
Paid Merchants
*Monthly Payments
*List unlimited products into 3 different categories per product
*5 photos per product
*3 videos per product
*(Still working on this idea) Option to enable web hosting and easily using a on-line editor(no coding involved) to create a custom website shop that will automatically update product listings.
Both merchant types must be verified by Snail Mail(USPS) AND E-Mail no exceptions will be allowed.
Both merchants must upload documentation that proves products have been sent before funds are released to the merchant.
Both merchants will receive shipping funds immediately. This is to prevent merchants to be forced spend out of pocket.
Most decisions making for escalated disputes(Disputes that require a decision by a third party) will favor the merchants as they are Cheaper In Bitcoins customers but all escalated disputes will be considered with equality and kept aware that although most merchants are very trust worthy some may be con artists and that will always be taken account for when investigated escalated disputes.
As for the customers they will be presented with a Cheaper In Bitcoins website with a list of categories of products to choose from. Customers can browse across thousands of products from multiple merchants and add products into one shopping cart and have only one check out page this is to provide a seamless and transparent experience for the customer -- The customer doesn't have to know that they are purchasing form multiple merchants if they don't want too but the information of the merchant they are buying from will also be easily accessible to those who are interested in whom they are buying from by looking in the "Specs" tab on each product page.
Any and all of these plans can change for the final result but I've weighed out a lot of options of everything to my knowledge and this sounds like a good pursuit for investors, me and the community as a whole so I'm working hard to make it work out for everyone but in order for me to do that I need feed back so what do you think so far?
The shares listing is only from this January with a current price of 0.4499BTC and a traded volume of 242 shares valued at 33.66BTC in the first three weeks.
Link to GLBSE charts
cheaperinbitcoins.com
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