[ANN] GreenPoints buy back. Project canceled

Started by tonyk, November 13, 2015, 05:47:00 AM

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btstip

Hey CRAPCOIN, here are the results of your tips...
  • fuzzy: has been credited 100 CRAPCOIN
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

CRAPCOIN

Quote from: fuzzy on December 08, 2015, 07:52:51 PM
Im keeping mine!  pry my greenpoint from my cold dead hands!

#sharebits "fuzzy" 100 CRAPCOIN

Try prying these CRAPCOIN's from your cold dead hands and welcome to the CRAPCOIN hodlers club!
CRAPCOIN - Buy them on the DEX for .01 BTS each - [url="https://goo.gl/9RNjnE"]https://goo.gl/9RNjnE[/url]

fuzzy

Im keeping mine!  pry my greenpoint from my cold dead hands!
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

tonyk

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Tuck Fheman

Quote from: tonyk on November 22, 2015, 06:22:16 AM
This can be read in a very bad way... [no clue if it was intended or not]
although it is a common perception. [fuzzy boy, for example, believes in it, as much as he believes in brownie.pts being actually... good}

No it was not meant in a bad way.  :D I'm simply saying, it was a gift from you to Buck.

Giving or taking gifts back is somewhat frowned upon in our culture. There are even derogatory terms associated with doing so. ;)

Now, if for some reason you really need it back, then I don't think it would be a problem.  Is that the case?

tonyk

#41
Quote from: Tuck Fheman on November 22, 2015, 06:15:15 AM
Quote from: tonyk on November 22, 2015, 06:09:45 AM
Buy order amount reduced for the lack of purpose. [ i.e. no one wants to sell their Greenies right now.]

Once again if the buy order is not enough for what you'd like to sale, just PM it will be increased  the amount for you.


Kind Regards,

TK

Why on Earth would we sell the only thing tonyk has ever given us? =b

This can be read in a very bad way... [no clue if it was intended or not]
although it is a common perception. [fuzzy boy, for example, believes in it, as much as he believes in brownie.pts being actually... good}
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Tuck Fheman

Quote from: tonyk on November 22, 2015, 06:09:45 AM
Buy order amount reduced for the lack of purpose. [ i.e. no one wants to sell their Greenies right now.]

Once again if the buy order is not enough for what you'd like to sale, just PM it will be increased  the amount for you.


Kind Regards,

TK

Why on Earth would we sell the only thing tonyk has ever given us? =b

tonyk

Buy order amount reduced for the lack of purpose. [ i.e. no one wants to sell their Greenies right now.]

Once again if the buy order is not enough for what you'd like to sale, just PM it will be increased  the amount for you.


Kind Regards,

TK
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

tonyk

OK
Thanks to everyone here (and or in PM) stating they want to keep their GreenPoint(s) and not sell back.

GreenPoints  are of course still good as a 10% discount coupon on any payment to me, just the main value proposition [the loan thing is gone].

I will keep the  buy order at 1005 BTS /GreenPoint for now. I might reduce it after a while, but if the order is not big enough to sell all the Greenies you wish to sell - just shoot me a PM and I will increase it for you.



Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

xeroc


cass

Hey tonyk,

FYI...

I'll keep my 0,625 Greenie, thank you. No need to buy it back as well
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

xeroc

Quote from: donkeypong on November 19, 2015, 05:11:24 AM
Is it possible to de-list a UIA or are we stuck with them for eternity?

I'll keep my 1 Greenie, thank you. No need to buy it back.  8)
its a blockchain .. hence: "eternity" :P

donkeypong

Is it possible to de-list a UIA or are we stuck with them for eternity?

I'll keep my 1 Greenie, thank you. No need to buy it back.  8)

tonyk

As of this moment this project is canceled!

Not that I do not what to tell you why, just not in the mood of fighting with the mindless fan-boy crowd telling me how I would miss on the next best thing after ice-cream.



All GreenPoints will be bought back as promised at par, with a small premium to compensate for fees incurred.


TK
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

kuro112

Quote from: tonyk on November 18, 2015, 01:51:03 AM
1. GreenPoints are now only available at par from the issuer  (par is 1000 BTS/GreenPoint). All yearly bird discounts are gone, in other words.

2. The loan is most like a go!
This means if you get GreenPoints at par you get 10% premium on the loan rate (not that is so bad at 25%/year even without this premium, but still why leave money on the table?)

3. And probably most importantly, in the long run - GreenPoints are a potential share drop target. Not only they themselves are, but the accounts that held them before (this/first) loan is officially announced !!!
This simply means - if you buy GreenPoints now - you  get 10% better rate than the  25% annually on the loan [if you use them for that]  AND your make your account  a sharecrop target as if it held GreenPoints as of the share drop date.


ima buy some, good luck with your stuff tony :)
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