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Bitcoin Forum > Economy > Marketplace > Lending > Long-term offers > BIB Guaranteed Term Deposits (CDs) 4-7% per 32 days [Availability: 0 BTC]

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Author Topic: BIB Guaranteed Term Deposits (CDs) 4-7% per 32 days [Availability: 0 BTC]  (Read 1755 times)
brendio (OP)
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July 04, 2012, 01:08:47 PM
Last edit: August 07, 2012, 05:19:50 PM by brendio
 #1
I am now offering, on a limited availability basis, term deposits (known elsewhere in the world as certificates of deposit, or CDs). My rates are as follows:

Term: 32 days

Minimum Deposit
  Rate to maturity
(per 32 days)
20 BTC
3 %
100 BTC
3.75 %
500 BTC
4 %
1000 BTC
6 %

Interest payable at maturity.
Availability: 0 BTC
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mollison
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July 04, 2012, 03:19:49 PM
 #2
How would your CDs be affected by a pirate default?
brendio (OP)
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July 04, 2012, 04:10:18 PM
 #3
Quote from: mollison on July 04, 2012, 03:19:49 PM
How would your CDs be affected by a pirate default?
They would be unaffected. CD deposits will be used for a range of investment opportunities. Moreover, I have other BTC investments I could liquidate, plus substantial liquid assets in fiat to cover what I am taking on many times over. I will not take on more guaranteed deposits than I am comfortable covering.
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mollison
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July 05, 2012, 04:42:34 AM
 #4
Quote from: brendio on July 04, 2012, 04:10:18 PM
Quote from: mollison on July 04, 2012, 03:19:49 PM
How would your CDs be affected by a pirate default?
They would be unaffected. CD deposits will be used for a range of investment opportunities. Moreover, I have other BTC investments I could liquidate, plus substantial liquid assets in fiat to cover what I am taking on many times over. I will not take on more guaranteed deposits than I am comfortable covering.

This was a more-than-satisfactory answer to me, and in case anyone is wondering, I did make a deposit.
brendio (OP)
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July 09, 2012, 06:56:59 AM
 #5
Quote from: mollison on July 05, 2012, 04:42:34 AM
Quote from: brendio on July 04, 2012, 04:10:18 PM
Quote from: mollison on July 04, 2012, 03:19:49 PM
How would your CDs be affected by a pirate default?
They would be unaffected. CD deposits will be used for a range of investment opportunities. Moreover, I have other BTC investments I could liquidate, plus substantial liquid assets in fiat to cover what I am taking on many times over. I will not take on more guaranteed deposits than I am comfortable covering.

This was a more-than-satisfactory answer to me, and in case anyone is wondering, I did make a deposit.
Confirmed. (And bumping.  Wink)
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brendio (OP)
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July 10, 2012, 12:31:41 AM
 #6
I now have enough funds for the next couple of weeks at least. Thanks to those who've invested.
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mollison
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August 07, 2012, 06:07:51 PM
 #7
Just wanted to report that brendio repaid my CD with interest, exactly as agreed. Thank you very much!
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