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bentleysui, thanks for your time to come up with answers.
Could you please comment a little bit more on:
4.Whether IPO or sell BtcAutoTrader(arbitrage version), upgrade AUTOTRADE to the shares will be with the price 0.001 BTC/share, but we will temporarily suspended the arbitrage trade, adjusted to work during the day for priority develop BtcAutoTrader, after released BtcAutoTrader formally, restart the arbitrage trade.
- For how long will the arbitrage trade be suspended? 3-5 months?
- Does it mean no dividends will be paid during this period of time due to AUTOTRADE not being operated?
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<Dividend Paid>Total dividend 16.29BTC.
交易时间：2014/4/21-2014/4/27(GMT+8)
交易货币：LTC、XPM、DOGE
合计利润：20.36BTC
分红总额：20.36*80%=16.29BTC
Transaction time : 2014/4/21-2014/4/27(GMT+8)
Currencies : LTC、XPM、DOGE
Total profits : 20.36BTC
Totol dividends : 20.36*80%=16.29BTC
Best regards.
BtcAutoTrader Team
Thanks! Dear bentleysui, could you please answer some of my questions: 1. If IPO is selected, you will not sell BtcAutoTrader to anyone? what about non-arbitrage version? what is the difference? 2. Regardless of scenarios, your plan is still to develop exchange, coffee shops, right? 3. If shares are upgraded how they will be upgraded? for example, if I own 1000 AUTOTRADE shares, how much BtcAutoTrader shares will I get? 4. Will you still be paying the same weekly AutoTrade dividends in case of upgrade? +potentially other divindends that will come from future products/services? 5. When the upgrade of shares will take place? 6. In case of buyback of shares what will be the price of each AUTOTRADE share? 7. When will the buyback of shares take place? 8. Will you still pay weekly AUTOTRADE dividends prior buyback happens? 9. In case of buyback will you suspend the AUTOTRADE share trading on cryptostocks? |
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Well if the buyback price is 0.001 BTC per share, I think most of the shareholders wouldn't mind it. Anyway, it is in hands in majority of shareholders.
But I think I lack explanation to be taking part in a vote right now.
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To my understanding scenarios are:
1. Sell BtcAutoTrader (arbitrage version)
2. IPO
with options:
a) buyback shares
b) upgrade shares
but I still don't understand how this is going to influence current AutoTrade shareholder.
Therefore I would love if someone could answer the following questions:
1. If IPO is selected, you will not sell BtcAutoTrader to anyone? what about non-arbitrage version? what is the difference?
2. Regardless of scenarios, your plan is still to develop exchange, coffee shops, right?
3. If shares are upgraded how they will be upgraded? for example, if I own 1000 AUTOTRADE shares, how much BtcAutoTrader shares will I get?
4. Will you still be paying the same weekly AutoTrade dividends in case of upgrade? +potentially other divindends that will come from future products/services?
5. When the upgrade of shares will take place?
6. In case of buyback of shares what will be the price of each AUTOTRADE share?
7. When will the buyback of shares take place?
8. Will you still pay weekly AUTOTRADE dividends prior buyback happens?
9. In case of buyback will you suspend the AUTOTRADE share trading on cryptostocks?
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can someone comment on the voting options?
I couldn't entirely understand the offered scenarios.
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45,000,000 - 28,640,736 = 16,359,264 coins left in mint phase. Based on vote history, We have no reason to believe the vote will ever stay under 500. So 500 * 720 = 360,000 coins minted daily means mint phase is over in 45 days or June 7th. Limit phase is 56 days regardless of votes, will end August 2nd. At this point 90% of the coins will be minted.
Sustain phase will mint 10,000,576 max.
8 * 720 = 5760 maximum coins per day in sustain phase which is 4.7 years at max vote
or 1 * 720 = 720 minimum coins per day which is 38 years at minimum vote
or 4 * 720 = 2880 coins per day which is 9.5 years at median vote.
I would still like to see the mint phase extended as long as possible. So please vote 1.
Positive idea @ devs and pool operators.
Is it possible to incorporate a countdown clock to the end of mint phase on heavycoin website and pool websites? This may help make miners more aware of what impact the voting has on the timeline?
That is a good summary! Once the minting phase is over (and judging by the current vote it will happen soon) there will be no longer short term mining profit dumpers. Of course, that alone will not make the price rise, but if there come some good news and strong support from HVC devs price could skyrocket! |
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although the current price doesn't look any good, I'm pretty sure HVC has a future and it will turn around and rock at some point
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would be nice if HVC got listed on some chinese exchange like:
bter.com
btc38.com
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bter: I lovein it. mcxnow: no way! btc-e: no way! Never waste your time on the later two. I think mcxnow would have been the best exchange for HVC. btc-e will not trade HVC in the nearest future, I suppose. |
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Not any more.  Mintpal is actually offline now!
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Diff rising... The price of HVC, too.
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Block reward decreased to 725 HVC
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Is a vote significance determined by cpu core count or hashing speed?
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btw, when is the next vote reward retarget?
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I'm voting -v 1 with all my cpu resources
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From MintPal twitter:
Yes, our first coin for today is Heavycoin (HVC)! The market will be up very soon. Second coin information coming in a few hours.
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Markets already reacting.... |
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Heavycoin Public Key: 0439871a7f0d445d2e3ee56e000ce051b23a5a0cc3459137547ede0441da0f884c3887ad0ff9dfc 9416b1331d301511b4c25b6d86c33775a2148dbb5bde7f30263
Bitcoin Transaction ID: e915344b22632332009cd6304ba1718fca8ef737631729e7ee630b0d06794bc7
Amount sent: 3.5 BTC
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I think the real value of this coin is about 0.002 - 0.003 BTC range at this point of mining diff.
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