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Re: Let's play answer the previous question with a question--again.
Is this another Avalon thread?
No.Should it be?
No.You get a red power ranger.
I put in my other boob. Its my last boob
I put in my other boob. Its my last boob
You get a cold.
I put in an insulin pump.
I haven't met aliens, but I've met 'other beings'. They still can be seen in remote places where no one goes, mainly woods and mountains. For example, if you go to a forest at night, you may be fortunate enough to see a fairy for a brief moment. There are also other beings, but I'm not sure what they're called in English. Some are pretty dangerous though.
Come, visit this part of the world and maybe you'll see some of them.
Come, visit this part of the world and maybe you'll see some of them.
which part of the world are you referring to?
Disney World?
QmVlbiBkcmlua2luZyBTaW5naGEgYWdhaW4/
SG93IGRpZCB5b3Uga25vdz8g
SXMgdGhpcyB0dXJuaW5nIGludG8gYW5vdGhlciBBbnN3ZXIgdGhlIGxhc3QgcXVlc3Rpb24gd2l0\naCBhIHF1ZXN0aW9uIHRocmVhZD8=
So now I am the proud owner of penny stock with a huge investment of about 0.2 btc LOL,
lets hope they grow.
lets hope they grow.
If you tell me your username on glbse, I'll send you a share of some kind.
Why? I don't know, maybe just to celebrate that I once accidentally ended up on Antigua. Nice place, but a bit too expensive for a shoestring budget.
vite here, vite there vite at the irc I am vite
Hope you get some use for the little asset I sent you.
(We was actually heading for Guatemala. The nice lady that handled our case at the airport moaned "Not again!" She didn't seem to like travel agencies ...)
So now I am the proud owner of penny stock with a huge investment of about 0.2 btc LOL,
lets hope they grow.
lets hope they grow.
If you tell me your username on glbse, I'll send you a share of some kind.
Why? I don't know, maybe just to celebrate that I once accidentally ended up on Antigua. Nice place, but a bit too expensive for a shoestring budget.
Haven't made a scam attempt yet
Still planning?
Did they even release the client or start up the network 
May 10 long passed !
May 10 long passed !
They will launch in 11 months. GET READY!
We are stating that it would have been more profitable to simply invest that 960 BTC in Pirate.
Investing the 960 BTC in Pirate instead of running PPT.A, not in addition to.
Sorry, I just assumed, since this is the PPT thread, that we were talking about PPT.
Mia culpa.
Case 1 - Sell 1 share of PPT at 1+x (if sold at 1.038 then x=.038)
no default: PPT makes x+.03 (.03 is the extra you get for compounding)
no default: PPT makes x+.03 (.03 is the extra you get for compounding)
You seem to assume they'll invest no more than one BTC / share. If they sell for more than 1 BTC / share, why wouldn't they invest it all?
Less loss if BS&T defaults.
Please explain this. They believe in Pirate and want to maximize their profit, right? They are not risking the (1 + x) BTC / share, it's not their money. You are risking that money, they only risk the insurance.
Oh, we were discussing break-even in comparison to simply investing 960 BTC with Pirate, not general break-even for a non-default.
Who is investing this 960 BTC?
Because PPT would earn more if they took the 960 btc and invested directly with Pirate since they are risking to lose that anyways if pirate defaults.
Sure, but if Pirate defaults they will loose 960 to you, not to Pirate. If they invest the insurance to Pirate they'll loose 1920 since they promised to pay you 0.32 BTC / share.
Case 1 - Sell 1 share of PPT at 1+x (if sold at 1.038 then x=.038)
no default: PPT makes x+.03 (.03 is the extra you get for compounding)
no default: PPT makes x+.03 (.03 is the extra you get for compounding)
You seem to assume they'll invest no more than one BTC / share. If they sell for more than 1 BTC / share, why wouldn't they invest it all?
Can you show the math behind that break-even value?
1.28 / 1.07^4