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Tia
Big Boss Grand Master Joined: 19 Aug 2013 Location: EU & SL Points: 4455 |
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Posted: 03 Jan 2014 at 12:59pm |
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Have questions, suggestions, doubts etc about DEP: EntropiaPartners Debentures? Discuss here..
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Norian
Expert CF Expert Joined: 22 Aug 2013 Location: Michigan Points: 406 |
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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
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My EU blog - http://entropianorian.blogspot.com
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Administrator
Big Boss Grand Master Joined: 18 Aug 2013 Points: 503 |
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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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Norian
Expert CF Expert Joined: 22 Aug 2013 Location: Michigan Points: 406 |
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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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My EU blog - http://entropianorian.blogspot.com
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Prosac
Expert Great Earner Joined: 20 Aug 2013 Location: Germany Points: 959 |
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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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Administrator
Big Boss Grand Master Joined: 18 Aug 2013 Points: 503 |
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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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Prosac
Expert Great Earner Joined: 20 Aug 2013 Location: Germany Points: 959 |
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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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Prosac
Expert Great Earner Joined: 20 Aug 2013 Location: Germany Points: 959 |
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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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Administrator
Big Boss Grand Master Joined: 18 Aug 2013 Points: 503 |
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Thanks for the heads up. Coding bug related to data type conversion. Fixed now.
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Ovolon
Expert Banned Joined: 22 Aug 2013 Location: Germany Points: 190 |
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wow... great... congratulation to all who have no tasks since weeks and withdrawed this night;
like me 7h before introducing the Debentures |
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Yagna
Earning Joined: 20 Aug 2013 Points: 20 |
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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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Norian
Expert CF Expert Joined: 22 Aug 2013 Location: Michigan Points: 406 |
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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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My EU blog - http://entropianorian.blogspot.com
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Norian
Expert CF Expert Joined: 22 Aug 2013 Location: Michigan Points: 406 |
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I feel your pain! Hope you can get in next offering.
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My EU blog - http://entropianorian.blogspot.com
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Yagna
Earning Joined: 20 Aug 2013 Points: 20 |
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at present I am at highest offer. lets see. :) 6 days to go. |
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Norian
Expert CF Expert Joined: 22 Aug 2013 Location: Michigan Points: 406 |
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Ah, you are probably good then! :) 11.2 though? Really? 2 months to break even...
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My EU blog - http://entropianorian.blogspot.com
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