Post
Topic
Board Long-term offers
Re: Capital.One: Interst paid daily, 0.2%-1.2%
by
Capital One Corporation
on 16/09/2012, 08:53:15 UTC
Q&A session

Is there really any business behind this or just hot air?

Yes, there is. Basically I'm loaning very short term money (12 hours to 2 days, 1 week would be seen as a bad debt in our business and we will be seriously taking some actions) to  people. I'm not the only one who doing the business on the earth. Thousands of organizations operates this kind of business and profit from it, with their own money and money they raise from other people. It's not a pyramid scheme or ponzi scheme or whatever could be call a scheme.  

I need more money to expand my business, but it's not so expansionable. It will never reach as huge as pritae40. In some of your eyes, it will be rather small. And as the profit I get from my own money and raised money is large enough, I will paying back the capital to people and then I will only earn the profit with my own money.

What prevents you from shutting down and taking 80% of investors money any time you want?

I know that it needs time for me to build trust from the community, and I'm also aware of that how the pirate40's default hurt this community. First some people will try to risk their money in this program, and as time pass by, my credit will be built up.

Capital One Corporation is set to be a long term operation. This pass-through is only a small step for me to build this brand among the community.

This business behind the pass-through seems pretty profitable, however lack of scalability. Bitcoin is great idea, there will more investment opportunities in the bitcoin world with the potential to be great. And I believe that most of the bitcoiners participating this movement at this stage will be wealth elite in the very near future, and if I can locate great idea future, I will rather be able to have the creditability to raise money from all of you. If I have this kind of creditability, lots of start ups will be coming to me and ask for money, which will make me expose to more new great idea and entrepreneurs. What I want is far more great than the little amount of bitcoin  I am going to raise.


May I short your bond when time is right?
If you can borrow some bond from the investors when it is floated, you can always do that. But it is always hard for the speculators to chose the right timing, and wish you are the exception. And watch out that may be the buyer and the borrowers all all  myself or my agent. As you a short seller, you have to offer a good interest to borrow it and sell them at a comparably unfavorable condition. I'm seriously preserve the right to try to play against the short sellers when time is right and whether disclose it or not. If there is trading profit, why not take it.