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I just got 7 tix in the standard BitLotto draw... I hope we win Jr. today Thanks for joining in on the main draw:) As you may have seen there was a request by the BitLotto organiser for people to work out the results while he is gone. I have just finished working it out... and as far as I can tell it is correct. The good news is, from my calculations, the syndicate has won BitLotto Jr for the second time in a row! Don't get too excited because I may be wrong but I'm 99% sure I'm not. The prize pool was, afaik, 2.90 BTC. We had 27 tickets pooled. Therefore each ticket has a winning value of 0.1074. If in fact we have won, please be patient when waiting for your winnings as we will have to wait till the BitLotto organiser comes back at the end of the month. I'll be opening the next BitLotto Jr syndicate shortly. If your calculations are correct then I won a little over 1BTC. I hope you are right A little bit over 1BTC, on top of what I invested that is
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I just got 7 tix in the standard BitLotto draw... I hope we win Jr. today
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Am I the only one that makes at least 1 BTC every day on these games? Or do you guys have the same luck?
I'd say 1-2btc is about average
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I sent you a pm Kais... did you receive it?
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Nooooo. Someone has swiped my jackpot out from under me. But I received 2BTC in return. O how I love this game
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Stop bumping this... I take the jackpot in 3 hours ;$ muahahahaha Just returned from a wonderful evening btw. Wouldnt it be a joyous morning surprise
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Update:
The wallets are finish.
I'm ready to take and upload pictures so that I'll be able to post them here.
Come back in about a half hour.
How much are they? I want one now
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1000 shares * 0.109 BTC each = 109 BTC (~$1090 USD)
ROI = 0.12 BTC/wk (~$1.20 USD/wk or ~$62.40 USD/yr)
Is that right?
o0o. Im dumb. My mistake. I didnt catch that. LoL
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Just to clarify the math...at this moment if the first rig was online it looks like at 1.5 Gh/s you would be doing ~5.5 BTC/wk of which 49% goes as dividends to shareholders which amounts to 2.695 BTC/wk shared among 22050 shares so if I hold 1000 shares (costs me 109 BTC) then I would stand to get 0.12 BTC/wk ($1.20 USD/wk) as a shareholder?
Is my math correct?
It seems correct to me as long as you realize that each share is only 0.109BTC & not 109BTC... HUUUUUUGEE difference Though PBJ will probably clarify it for you wholly.
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Are you going to distribute the mined BTC as a dividend? So that, if I hold 10 out of 45,000 shares, and your rigs produce about 10 BTC a week, I'm going to earn 0.002 BTC/wk?
So we can rationally value the shares -- please disclose:
a) How many BTC the Company is producing per week b) Whether the Company retains them (as capital), or somehow distributes them to shareholders?
Great question. Even better response. Im so excited to watch this project grow
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Thank you
Check your PMs. I messaged you. LoL
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Just made the glbse account & made the xfer of 5BTC for now. I'll buy some shares as soon as they show up in my account
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I have only earned 0.12btc so far :p
Sigh... Not listening. Just forget it
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Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK: http://rand.bitcat.ch/?ref=83HappY TravelS -MR. CranE- Well, I doubt that's in the spirit of the game... Should have considered that fact before putting it out. People will always find an exploit. If everyone was doing what I do then its just a matter of who does it more. Same opportunity all around. Its fair The spirit of my game is profit Not when the guy that runs Bitcat.ch sees that you're gaming the fuck out of his well-intentioned system.
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Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK: http://rand.bitcat.ch/?ref=83HappY TravelS -MR. CranE- Well, I doubt that's in the spirit of the game... The spirit of my game is profit
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Because of the more expensive ticket rate, compared to BitLotto Jr, syndicate members can also purchase a 'share' of a ticket.
Tickets are split into shares. Each share is 1/10th of a ticket (so there are 10 shares per ticket). This allows members to share a whole ticket with other members... meaning more people can join in and reap the benefits of playing lotteries in syndicates.
If you have any questions, ask here or via the other contact methods on the site. [/quote] I have a question. What will you do about leftover partial shares. For example. 29 partial shares are purchased. That is 2 tickets & 9/10ths of 1. What will be done about the additional share? Will you just cover the cost of it & enter into the drawing and take the equivalent of the remaining shares. Or will you just return the shares to those who submitted them? Either way great stuff
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Works great if you promote. Make sure you arent the last. If its consistently growing as bitcat.ch is then there is no fear of loss. My method works great. I have several accounts, all verified, references of each other. Therefore increasing my chances of grabbing random referrals. Increasing my chances of taking the jackpot. & increasing my income as well as paying myself back for initial investments. I have over 18 accounts verified all branched off each other. Now by only round 2 of being in it I have made back my investment & am guaranteed to make more in the rounds to come. I will be set with a consistent flow of BTC trickling in through each account as well as increase my income by adding more accounts as time goes on. Just know that you cant earn a referral for an account until it is verified. So you need to start with 1 & expand gradually. Ideally if we all work together we all help each other get paid. That being said I hope to see you all there. Heres my LINK: http://rand.bitcat.ch/?ref=83HappY TravelS -MR. CranE-
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I have sent you 2 PMs. Im quite interested in purchasing some shares also, have a good associate who happens to be a great web developer. Get back to me. I'll be awaiting your response -FaerO-
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Thats because youve just signed up today. Give it 2 rounds then think about trying out my method
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