Post
Topic
Board Securities
Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily.
by
Peter Lambert
on 19/07/2013, 14:01:07 UTC
It sounds more profitable than other bonds or stocks like AM etc.
How many shares are you going to issue?when?

How come it become more profitable than AM? get AM price multiply by 0.0005 and x 7 days, AM dividend still higher.

I don't know about AM, but to compare you have to multiply by 1.0005^7 (assuming reinvestment of dividends) for maximum profitability.  That's .35% in a week.  In a year that's 20% returns.

Last I checked, AsicMiner was giving about 0.5 % per week in dividends. That may go down as more power is added to the mining network.