Post
Topic
Board Securities
Re: [BTC-TC] CIPHERMINE.B1 - a virtual corporate bond with a 22% fixed-fiat APR
by
vandinn
on 21/08/2014, 02:41:19 UTC
It's surprisingly dead here considering some people must have lost quite a bit of money. I mean, it was always clear this bond could never be repaid in full and would have to default at some point since it was used as capital for something that is inherently unprofitable. But I really hoped I could see at least some part of this misfortunate investment back (investment I as well as other Deprived fund participants were forced into) . Technically, in nominal fiat terms, I thought it could even be more than what it was back in September last year as Bitcoin has raised so much since. Why is everyone so quiet?