Last I heard assets with pirate exposure were still selling for 80% of face value. Anyone have an update?
24h average on the GLBSE is at ~50%.
I am shocked it is that high.
It can't go lower than that while Matthew is offering even odds on a default. Assuming an investor
has the cash available and trusts Matthew, he can get 50% of his "investment" back by simply making a bet with Matthew for 50% of his exposure.
Big assumption there. Could just as likely lose everything.