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All about DEP

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Tia View Drop Down
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    Posted: 03 Jan 2014 at 12:59pm
Have questions, suggestions, doubts etc about DEP: EntropiaPartners Debentures? Discuss here..
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Norian View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Norian Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 1:52pm
Originally posted by TiaWatkins TiaWatkins wrote:

Have questions, suggestions, doubts etc about DEP: EntropiaPartners Debentures? Discuss here..

Wow, looks interesting - can I buy 100 of them? :)

I am concerned a little on how 6% can be generated monthly...

Questions on the "Invest" page:

 - What does "# DEP have been booked so far. Best rate offered is # PED / DEP" actually mean?  The # of DEP that have been sold or just booked (and the possibility of not getting a DEP).  
- Is the best rate just the highest rate offered on one order? 

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Administrator Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 2:37pm
Originally posted by Norian Norian wrote:

Wow, looks interesting - can I buy 100 of them? :)

I am concerned a little on how 6% can be generated monthly...

Questions on the "Invest" page:

 - What does "# DEP have been booked so far. Best rate offered is # PED / DEP" actually mean?  The # of DEP that have been sold or just booked (and the possibility of not getting a DEP).  
- Is the best rate just the highest rate offered on one order? 

Late,
Norian
Look at it like an IPO. We are offering DEPs at a base price of 10 PED each. You can make a bid on x DEPs. You can make multiple bids. It is a pre-booking, but it does not guarantee that all your offers will be fulfilled. The page displays how many DEPs have been booked so far, and what is the maximum bid offered so far.

At the end of the process 1000 DEPs will be awarded to top bidders. We are planning to release 10,000 DEPs in next few weeks. Response to this prebooking, and P2P trading volumes will help us decide the timings.

Good luck trading DEPs. :)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Norian Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 2:52pm
Originally posted by Administrator Administrator wrote:

Originally posted by Norian Norian wrote:

Wow, looks interesting - can I buy 100 of them? :)

I am concerned a little on how 6% can be generated monthly...

Questions on the "Invest" page:

 - What does "# DEP have been booked so far. Best rate offered is # PED / DEP" actually mean?  The # of DEP that have been sold or just booked (and the possibility of not getting a DEP).  
- Is the best rate just the highest rate offered on one order? 

Late,
Norian
Look at it like an IPO. We are offering DEPs at a base price of 10 PED each. You can make a bid on x DEPs. You can make multiple bids. It is a pre-booking, but it does not guarantee that all your offers will be fulfilled. The page displays how many DEPs have been booked so far, and what is the maximum bid offered so far.

At the end of the process 1000 DEPs will be awarded to top bidders. We are planning to release 10,000 DEPs in next few weeks. Response to this prebooking, and P2P trading volumes will help us decide the timings.

Good luck trading DEPs. :)

When I place bids on the open market, I have access to Level 2 quotes.  Here, I only have access to highest bid... :(

The next 10000 DEP released, will those also be offered at 10 PED / DEP?  If so, then I'm betting that EP users don't have 100,000 PED on hand (since only 329,885 PED has been earned since the start of EP), I'll speculate and wait to snatch some up at 10 :)

Late,
Norian
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Prosac Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 3:04pm
Does have early booking any advantage?

Just an easy example:
What if 4 people book 500 at 10 PED?
Everyone gets 250 in the end?
Or do the first 2 get 500?

And can i pre-book more EPD than i have PEDs on my balance?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Administrator Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 3:15pm
Originally posted by Prosac Prosac wrote:

Does have early booking any advantage?

Just an easy example:
What if 4 people book 500 at 10 PED?
Everyone gets 250 in the end?
Or do the first 2 get 500?

And can i pre-book more EPD than i have PEDs on my balance?
Suppose at the end we get following offers in order of decreasing offer rate and time:

Total 480 DEP @ 13 PED each
Total 320 DEP @ 12 PED each
Total 180 DEP @ 11 PED each
Total 200 DEP @ 10 PED each

Each line above is a cumulative of many orders.

Now best rates will get preference. So orders in first 3 lines will be fulfilled first. That will leave us with 20 DEPs. These 20 will be given go to the offer which was placed first (time) @ 10 PED each.

You cannot prebook DEPs worth more than your EP balance.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Prosac Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 3:22pm
Thanks for the info.

Only showing best rate is bad, i can make a pre-booking, where i bid only on one EPD but a high amount.

And please be aware, that there is a bug in the daily raffle winners list, it won't show the actual ones.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Prosac Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 3:26pm
Originally posted by Administrator Administrator wrote:

You cannot prebook DEPs worth more than your EP balance.


Please check, i prebooked 400 and i don't have 4000 PEDs on my balance

Edit: Thanks for fixing. Is the amount of booked EPD right then?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Administrator Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 3:52pm
Originally posted by Prosac Prosac wrote:

Originally posted by Administrator Administrator wrote:

You cannot prebook DEPs worth more than your EP balance.


Please check, i prebooked 400 and i don't have 4000 PEDs on my balance

Edit: Thanks for fixing. Is the amount of booked EPD right then?

Thanks for the heads up. Coding bug related to data type conversion. Fixed now.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ovolon Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:14pm
wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Yagna Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:27pm
Originally posted by Ovolon Ovolon wrote:

wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch


count me in. managed to get 2 deps. btw, I am sure we will get some good offers in the p2p market.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Norian Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:31pm
Originally posted by Yagna Yagna wrote:

Originally posted by Ovolon Ovolon wrote:

wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch


count me in. managed to get 2 deps. btw, I am sure we will get some good offers in the p2p market.

You didn't get any yet FYI!  You are booked for 2, that doesn't mean 2 will be sold to you (if you are outbid 1000 times)
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Norian Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:32pm
Originally posted by Ovolon Ovolon wrote:

wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch

I feel your pain!  Hope you can get in next offering.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Yagna Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:38pm
Originally posted by Norian Norian wrote:

Originally posted by Yagna Yagna wrote:

Originally posted by Ovolon Ovolon wrote:

wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch


count me in. managed to get 2 deps. btw, I am sure we will get some good offers in the p2p market.

You didn't get any yet FYI!  You are booked for 2, that doesn't mean 2 will be sold to you (if you are outbid 1000 times)

at present I am at highest offer. lets see. :) 6 days to go.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Norian Quote  Post ReplyReply Direct Link To This Post Posted: 03 Jan 2014 at 5:44pm
Originally posted by Yagna Yagna wrote:

Originally posted by Norian Norian wrote:

Originally posted by Yagna Yagna wrote:

Originally posted by Ovolon Ovolon wrote:

wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures Ouch


count me in. managed to get 2 deps. btw, I am sure we will get some good offers in the p2p market.

You didn't get any yet FYI!  You are booked for 2, that doesn't mean 2 will be sold to you (if you are outbid 1000 times)

at present I am at highest offer. lets see. :) 6 days to go.

Ah, you are probably good then! :)

11.2 though?  Really?  2 months to break even...
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