Post
Topic
Board Securities
Re: [HAVELOCK] [XBOND] Bitcoin's Only Exchangeable Bond
by
Ninshatamoto
on 16/08/2013, 04:39:32 UTC
Who in the world is buying XBOND @ 0.00107700 XBT?

mind blown..

People who don't pay attention to the callback cost lol

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.

I'm not into bonds, but do you guys feel that anything under .00105 is a value for this bond worth buying?