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1  Alternate cryptocurrencies / Altcoin Discussion / Opinion on Dgex.com's IPO on: March 04, 2014, 01:41:32 PM
Dgex.com recently announced  their IPO

http://dgex.com/news.htm

They are already in the 2nd phase and offer one share for 125 NXT / share.
The detailed prospectus is linked below.

https://dgex.com/pvo/dgex-prospectus-v2.pdf

Calculation

1) $Value of the Dividend per year

They are projecting a 0.0302 BTC dividend week per 1000 shares, given the current BTC price that is around 1$ per year per share.

0.0302*52 /1000 *660 = 1.036

2) Price of the stock in $

The current value of one Nxt times the amount you have to pay for one stock


0.052 *125 = 6.5

3) Price and exp. dividend

For an investment of 6.5$ you receive around 1$ dividend per year, doesn't sound too bad right?


4) Risk factors and

- exchange is getting hacked
- competition
- Nxt will fail
-...

Dgex.com is only offering Nxt at the moment and more and more exchanges adding Nxt. More exchanges means more competition.
Their security is not very sophisticated, I couldn't find an option for two-factor authorization for example.

=> High risk

5) Competitive advantage

The problem is the one product market. They have lowered fees again but that's not enough to compete.
They are also offering a Nxt Client but there are already several competitors out there.

Nxt price and volume over time:
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=nxt-btc&market=dgex


=> They don't have a clear competitive advantage and their success is very depended on Nxt's

5) Result

Due to several huge risk factors (security, growth), we are dealing with a company with that has the risk characteristics of a startup. But return characteristics of a company in a competitive market (chances of huge growth are very slim).

You can plugin some numbers into the http://en.wikipedia.org/wiki/Dividend_discount_model and see for yourself, that this is investment is probably not worth it.










2  Alternate cryptocurrencies / Altcoin Discussion / Nxt Exchange dgex.com Referral Thread on: December 26, 2013, 09:18:20 PM
Use the link of the last post to open an account, then post your own link.

http://dgex.com/index.htm?648

3  Local / Biete / Biete neue 5870er inkl. Rechnung und Garantie ***geschlossen*** on: June 16, 2011, 04:47:05 PM
Verkaufe zwei neue Sapphire ATI Radeon HD5870 Grafikkarten, Karten wurden nur mal zu Testzwecken eingebaut und sind erst ein paar Tage alt. Ich habe noch 3 weitere Karten der gleichen Marke und diese laufen mit ca. 410 Megahashes ohne besondere Kühlung und leichter Übertaktung und optimierten Flags.

Produkt: http://www.amazon.de/gp/product/B0036Z0NUI/ref=oss_product


Zahlungsarten:

Banküberweisung
Bitcoins oder Namecoins (bei Namecoins mit kleinem Diskount)
Pokerstars
Partypoker
Fulltiltpoker
Moneybookers
Neteller

Ich bevorzuge aber Bitcoins

Versand

Postversand
Selbstabholung auch möglich (Hessen, Raum Marburg)

Referenzen:

-ebay account mit 21 bewertungen 100% postiv
-sonstige Referenzen auf Anfrage

Gebote posten oder mir eine Nachricht schicken
4  Other / Obsolete (selling) / Selling Pokerstars, Partypoker, FTP, Moneybookers for Bitcoins / Namecoins on: June 15, 2011, 07:31:45 PM
Looking for Bitcoins, minimum of 10. Transaction will be splitted for safety purposes. I am sending first tranche, therefore i am only trading with reputable members. If you are unknown you have to send first.

Namecoin transactions have a minimum of 3000 coins.

Pokersites

FTP
PS
PP (euro)

Payment Services

Moneybookers (fee will be splitted)

5  Bitcoin / Bitcoin Technical Support / Cannot start Namecoin in Windows on: June 10, 2011, 09:17:43 AM
I followed steps 1-4 of the guide http://dot-bit.org/InstallAndConfigureNamecoin

After starting Namecoind.exe the dos box displays the following message.

"Bitcoin: Warning: Please check that you computer's data and time are correct. If your clock is wrong bitcoin will not start properly"
i changed my date and time setting to English (US); no effect

-running Windows 7 32 Bit
-Bitcoin client is starting and running without a problem


Should i add the code in step 5 to the config file as well, or will bitcoind.exe show a commond line when working properly?

bitcoin server starting

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