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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 29, 2017, 07:35:20 PM
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Still radio silence on the April dividend payment and don't see the full April Report anywhere... But I received a web wallet dividend payment of 124 POSW or 0.00248 percent And my QT wallet received a very similar, dividend payment of 0.00247 percent In March they used 70,000,000 coins as eligible... So April payout = 70,000,000 * 0.00248 = 173,600 POSW Using this approximation: March Payout = 278,000 x 0.00000750 sat = 2.08 BTC April Payout.. = 173,600 x 0.00010000 sat = 17.60 BTC If it's anywhere close to this spectacular result... Revenue would easily support a $6 million valuation based on 50 P/E ratio... and projected revenue growth second, circulation supply is 41M 70M is max supply that takes years to get there. Why you think april dividend price calculation is 10k, why not 18K? This month dividends were about 0.25%... - they used 70 million to calculate the March payout - 10K is a reasonable approximation, 18K is not - so we agree on the 0.25%... I just formatted it differently If the net payout was in fact close to 17 BTC, this is *** outstanding ***... Though not releasing the April Report yet is unprofessional... And let's not even talk about screwing the hottest coin in crypto. This kind of bad PR explains why POSW was only 300 sat 6 weeks ago... And it is STILL very cheap relative to more professional (but scammy and pointless) projects like STEEM. Seriously, this is a unique $5 million project with real revenues (and with exchange maybe $50 million cap in 6 months)... With what appears to be a 16 yo in charge of Public Relations. Please hire a pro. Thanks. April isn't over; it'd be bad accounting practices to release it pre-date unless they have a different end of month for their business. That being said if end of month was different it would create a change on when the dividends should be paid out; and problems ensue again.
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1167
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 28, 2017, 12:36:04 AM
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i dont understand... why are ppl dumping days before dividends???
Because they think thats the highest price and they need to sell before it goes down after the dividends rolled out. or it is bag holder dumping some.to lower price as lower price at div time means more posw and then re pump after How so? how so? what if posw is cheaper come div time holders get more posw if it is higher holders get less So your logic is someone dumped their PoSW just so everyone else could get a higher dividend? Can't argue with that No, but to make others sell their coins in panic and buying when it hits bottom. The price drop was incredible and I doubt any of us expected it to go down to 10 cents, so this worked freaking awesomely. This is the only explanation I can see reasonable. not saying one person bit a group that sell down a couple k sats then wait for panic sellers to sell to 8k and buy them back and well posw is low div payout higher Tbh I wiped out 14k-12.5k sat last night rather painlessly and saw how quick people assumed devs p&d scheme! And insta liquidated to 12k, then down to 6k at a point. Lol it was ridiculous but it also shows that posw is very noob friendly, first xp with whale tacts.
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1168
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 27, 2017, 10:45:35 PM
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i dont understand... why are ppl dumping days before dividends???
Because they think thats the highest price and they need to sell before it goes down after the dividends rolled out. or it is bag holder dumping some.to lower price as lower price at div time means more posw and then re pump after How so? how so? what if posw is cheaper come div time holders get more posw if it is higher holders get less So your logic is someone dumped their PoSW just so everyone else could get a higher dividend? Can't argue with that It makes sense; dividends/posw usd amount = posw coin amount.
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1171
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 27, 2017, 06:41:21 AM
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To be clear, we banned him not because he asked about PIVX delisting but because he threatened a POSWallet team member and because he called him dick. He made a question about PIVX delisting and we answered him. If he can't accept our explanation, it's not our problem. Let's stop with all this PIVX drama. We have other 107 coins available in our platform.
Still no plans of revealing identities? Would really help confidence levels. Yes sometimes in Crypto our diplomatic skills ar elacking and although I respect basic human freedoms of speech, being rude and impolite doesn't make us better people. I think we should always try to discuss things in a civilized manner. Calling someone a 'dick' is asking for the banhammer lol. Oh you think you're better than me cuz ur legendary oh my god scam. I agree with what you said though, I just wanted to be like a chunk of stuff I've seen recently.
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1172
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TOKENCARD
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on: April 27, 2017, 04:36:23 AM
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Interesting but; is token going to have a fixed price? Or be subject to exchange rates -- would be risky using a card with a new currency if swipe; oh exchange rate got dumped its only worth .01 cents each now. Whereas going into the tx it was 50 cents.
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1174
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 27, 2017, 03:16:24 AM
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i was there, he came in, asked why pivx was delisted. (maybe he had just joined the site and saw the message)
then he prob went there and asked about the website and maybe was an investor (maybe had alot of BTC)
and then you banned him.
Now we will not be getting his shares of dividends, and who knows how much.
Not a good decision to conduct yourself like that, just an observation from a fellow professional.
There's a huge announcement on each slack room stating reasons why PIVX got delisted. It was you who got banned, mate, trying to be a small Che Guevara and spread the anti-regime discord room you posted here, earlier. I reported you, that's why you're banned. Spread your FUD elsewhere, this ain't no shitcoin. it wasnt me, i read this thread daily and saw the pivx announcement hour after it was posted. but i hope you got extra brownie points for getting the guy who asked a question about why his coin was removed banned. *Will say I don't agree with how that staff member handled that situation* I know I would be frustrated because someone comes in and asks every few hours about the delisting and then arguing that it made the most money, etc. He wasn't a new person to posw, or he had been informed on what to say elsewhere. Regardless of what everyone attempted to explain he ignored it and kept on the blind warpath. A) low payouts due to a pivx change = not profitable to customers B) bad image for their business if payouts are low C) confuses customers coming to a staking service if they're unable to stake and only exchange pivx here. Lots of valid reasons, ignored and it eventually came down to ima just discuss this on my crypto vlog! -> next part covered in my initial comment in this reply.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POSW] POSW COIN | Earn Monthly Dividends in Profit-Driven Growth Coin
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on: April 24, 2017, 05:58:40 AM
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Hello POSW coin holders, have a question about the dividends. How they are calculated for the POSW holders. Is enough to have a X amount of coins on the date when dividends are distributed, or is calculated even the time you hold them too. For exemple: If holder A have 100.000 POSW in his wallet for more then 1 month he will get (let's say) 1000 POSW in dividends, and holder B buy same 100.000 POSW 1 day prior the distribution he gets same 1000 POSW coins? Thanks!
1 day prior to distribution gets the same Its calculated as poswallet profits minus expenses, divided by the percentage of staked coins you own. So if they have 100k profit over their expenses and you own 1% of all staked coins; you would receive 1k usd in posw value. Hope that helps. @808 poster, I think they're running into some difficulties on it, they'll get it going though.
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