Post
Topic
Board Securities
Re: [HAVELOCK] [XBOND] Bitcoin's Only Exchangeable Bond
by
ThickAsThieves
on 04/08/2013, 22:21:08 UTC
Please be careful speculating on the price of XBOND.

The callback cost is 105% (0.00105 bitcoins each).

We can issue more bonds at will; and callback can happen at any time.

This means that if you buy an XBOND at greater than 0.00105, you run the risk of loss if it is ever called back before you profit from coupon payments.