mircea_popescu: actually, my lower tier will do 9%.

mircea_popescu: i can't paste that with stuff doing 0.3% per week, even tho i understand that 15% pa is significant.

mircea_popescu: the ideea here is that im tranching 500 btc of mpoe bonds (yielding ~5% per month) + 500 btc of harnett's (yielding 1% per week).

mircea_popescu: copumpkin i actually am thinking of taking the 5% rate out completely, and let it freefloat.

mircea_popescu: EskimoBob if either of those go i'd have to take out the "pick your own %"

mircea_popescu: but due to variance this could in any given interval be either -x% or +x%

mircea_popescu: the thing is tho, bear with me. you have a math model that generates say 1%.

mircea_popescu: smickles it wouldn't be either better or worsde for mpoe, the % would just be smaller.

mircea_popescu: listen. 5% a month comes to almost 100% a year.

mircea_popescu: that extra 4% is your share of mpoe gain each month, hands ddown

mircea_popescu: you get 5%

mircea_popescu: so, suppose risk free rate is i dunno, 1% a month ?

mircea_popescu: yes, but your % is made of two parts

mircea_popescu: you could easily put a bond into mpoe, and on it offer your own insured bond at a lower %

mircea_popescu: you make x% unless the country fucks up, in which case you make a loss.

mircea_popescu: because you set your own %.

mircea_popescu: all mining assets that didn't make 20% per month past 3 mionths are a net loss.

mircea_popescu: 33% depreciation through diff rate increase and 50% depreciation through btc appreciation

mircea_popescu: in strict depreciation terms all mining assets that didn't make at least 9% per month are a net loss.

mircea_popescu: but ya diff jumped 33% past ~4 months

mircea_popescu: 1500% beotch :D

mircea_popescu: We'd hoped that our offer would both push Bitcoinica to resolve the claims faster, and give them more room for error. If they resolved all the claims within 6 months and paid us an equal pro rata share, they'd have immunity from us. Coincidentally, the amount of funds stolen only 2 days after this offer was made was nearly 100% of what we were owed at the time.

mircea_popescu: let's do some math tho, at 2mn a month with a .5% fee they clear 10k btc which is 120k usd a month

mircea_popescu: Customer satisfaction on Silk Road is mostly positive, with a 97.8% positive feedback rate, although less than that on white market sites like Ebay, which boasts a positive feedback rate of 99%.

mircea_popescu: the limit was 2% but it was moved in may to 5%

mircea_popescu: you know, MPBOR is like 4.9% atm

mircea_popescu: i think it's pretty simple, on glbse you get free account and 1% fees round trip. on mpex you have to ante 20 btc and fee is .2% round trip.

mircea_popescu: Each share represents 0% of the ownership in the company assets.

mircea_popescu: this is insanity, the market is 99% convinced the btc goes up up up.

mircea_popescu: like 5.3% on the basis of past 2 months

mircea_popescu: like 4.3% p a in dividends.

mircea_popescu: glbse had .6 or .5 both ways, mpex has .2% one way

mircea_popescu: traditional accounts have large % fees.