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Author Topic: btt  (Read 407302 times)
wachtwoord
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December 17, 2012, 05:30:45 PM
 #21

Are you going to pay out the dividends per shares outstanding?
creativex (OP)
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December 17, 2012, 05:54:09 PM
 #22

Are you going to pay out the dividends per shares outstanding?

Yes. Asset issuer accounts appropriately do not receive dividends on shares held at btct.co, which makes things far easier than they would be otherwise. I will likely transfer founder shares prior to dividend disbursement each day, to keep up with the bills, but dividends should be healthy for early investors. At this moment there are 63 shares outstanding, so after transferring 15 shares the daily dividend would be divided amongst 78 shares.

havoc928
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December 17, 2012, 09:06:42 PM
Last edit: December 17, 2012, 09:37:54 PM by havoc928
 #23

Very interested, going to purchase some shares within the next few days.
and are you still selling shares at .33?

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creativex (OP)
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December 18, 2012, 01:58:46 AM
 #24

Very interested, going to purchase some shares within the next few days.
and are you still selling shares at .33?

I won't be changing the IPO price.

creativex (OP)
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December 18, 2012, 02:22:50 AM
 #25

First dividend paid. Smiley

0.22875942*.7=0.160131594 dispersed
0.22875942*.3=0.068627826 added to reinvestment fund

Perhaps 8 digits of precision would've sufficed.

creativex (OP)
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December 18, 2012, 07:54:58 AM
 #26

Updated spreadsheet:

https://docs.google.com/spreadsheet/ccc?key=0ArTS7AD--9SWdDNfb0lRNElqS1k1eGRoWEw2TGM4NlE#gid=0

strello
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⇾ Re: btt
December 18, 2012, 11:19:12 AM
 #27

I just wanted to say congratulations on getting this stock up and running on BTCT-Co and getting the spreadsheet published.

I think that giving the existing equipment as well as the bASIC order as well as covering running costs from your 20% of shares has been a very generous starting gift to investors, and it makes this an extremely attractive investment.

Just to be clear, in the case of closing, I assume all hardware remains your personal property?

I'm not familiar with BTCFPGA. Do you know of a link where I can see how their development is progressing?

And, of course, thanks for the nice first dividend.

This has been a great start, keep up the good work!

It is futile to speak of liberty as long as economic slavery exists.

My GPG key
creativex (OP)
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December 18, 2012, 03:52:42 PM
 #28

I just wanted to say congratulations on getting this stock up and running on BTCT-Co and getting the spreadsheet published.

I think that giving the existing equipment as well as the bASIC order as well as covering running costs from your 20% of shares has been a very generous starting gift to investors, and it makes this an extremely attractive investment.

Just to be clear, in the case of closing, I assume all hardware remains your personal property?

I'm not familiar with BTCFPGA. Do you know of a link where I can see how their development is progressing?

And, of course, thanks for the nice first dividend.

This has been a great start, keep up the good work!

Thank you for the kind words. Smiley

No, this equipment has been given to bASIC-Mining, sink or swim. All equipment will be liquidated and the proceeds distributed to shareholders in the case of closure.

You can learn more about BTCFPGA ASIC gear here:

https://www.btcfpga.com/
https://www.bitcoinasic.net/
http://basic-wiki.com/index.php?title=Main_Page#Hardware
https://www.btcfpga.com/forum/index.php


creativex (OP)
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December 20, 2012, 02:45:06 AM
 #29

Spreadsheet updated to reflect sale of shares and mining equipment inventory.

https://docs.google.com/spreadsheet/ccc?key=0ArTS7AD--9SWdDNfb0lRNElqS1k1eGRoWEw2TGM4NlE&pli=1#gid=0

creativex (OP)
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December 22, 2012, 05:45:11 PM
 #30

I've had all five cards hashing at bitparking since LTC difficulty went back up:


The sixth(a 6770) is functional, just producing too much heat in the surrounding cards. As it was the lowest producer I've chosen to remove it until more PCIe risers arrive rather than risk failure in higher producing cards. The risers are unfortunately arriving via USPS and are currently languishing at a post office a couple counties over until Xmas eve. What kin ya do right? I will continue to cover the 200+ MH/s shortfall with the sale of alt coins until the risers arrive and the mining gear is properly reconfigured.

Daily dividend will likely be somewhat early today. Happy weekend!

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December 22, 2012, 06:15:33 PM
 #31

Nice has rate, can't wait to see what it is once you get your pre order in,

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creativex (OP)
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December 22, 2012, 06:26:07 PM
 #32

Nice has rate, can't wait to see what it is once you get your pre order in,

Me either. Wink I'm attempting to clear my schedule to the point that I can attend the bASIC assembly festivities, but have been only marginally successful at this. Vacationing in NY in January isn't my idea of a great getaway from MI weather, but it's still a possibility.

btcash
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December 23, 2012, 10:52:47 AM
 #33

You asset is quite promising. But I would prefer weekly dividends because daily dividends lead to a (too) long "My Dividends" page.
wachtwoord
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December 23, 2012, 11:05:40 AM
 #34

You asset is quite promising. But I would prefer weekly dividends because daily dividends lead to a (too) long "My Dividends" page.

What kind of reason is that?  Huh The shorter the dividend period the better for me.
creativex (OP)
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December 23, 2012, 01:53:19 PM
 #35

I like daily, you get the loot asap and put it to work, makin' more loot. It's really nice when combined with the DRIP that Burnside added to BTC-TC fairly recently.

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December 24, 2012, 06:33:10 AM
 #36

You asset is quite promising. But I would prefer weekly dividends because daily dividends lead to a (too) long "My Dividends" page.

That sounds like an interface issue.  Wink

Maybe I can set it up to only show the last X number of dividends by default, with an alternate option somehow to list them all?

I'll think it over.

Cheers.
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December 24, 2012, 07:31:50 AM
 #37

While you are on that page, the ability to expand trade history past the last 20 would be cool as well Wink
Some traders love that historical stuff ya know.

Agree completely.  It may take an hour or two to work the old tables out of the cache, but I have tweaked the function to pull the larger of either (a) 30 days of trades, or (b) the last 20 trades.

Cheers.
creativex (OP)
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December 24, 2012, 12:30:41 PM
Last edit: December 24, 2012, 03:36:38 PM by creativex
 #38

You asset is quite promising. But I would prefer weekly dividends because daily dividends lead to a (too) long "My Dividends" page.

That sounds like an interface issue.  Wink

Maybe I can set it up to only show the last X number of dividends by default, with an alternate option somehow to list them all?

I'll think it over.

Cheers.

Thanks for addressing this. Any way you could make it show say x number of historical dividends and then offer a summarized history when filled? With LTC-DMF it's average yield I compute and re-compute so losing that history would be detrimental.

If it simply summed all dividends and then listed the number of dividends included in that sum it would be enough to calculate a rough historical average.

burnside
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December 24, 2012, 07:06:25 PM
 #39

You asset is quite promising. But I would prefer weekly dividends because daily dividends lead to a (too) long "My Dividends" page.

That sounds like an interface issue.  Wink

Maybe I can set it up to only show the last X number of dividends by default, with an alternate option somehow to list them all?

I'll think it over.

Cheers.

Thanks for addressing this. Any way you could make it show say x number of historical dividends and then offer a summarized history when filled? With LTC-DMF it's average yield I compute and re-compute so losing that history would be detrimental.

If it simply summed all dividends and then listed the number of dividends included in that sum it would be enough to calculate a rough historical average.

Yeah, we're going to have to do something before too long.  I don't think there's a limit on the dividends displayed yet.  It just displays them all.

creativex (OP)
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December 24, 2012, 07:13:09 PM
 #40

Yeah, we're going to have to do something before too long.  I don't think there's a limit on the dividends displayed yet.  It just displays them all.

Mostly cuz of me prolly. Embarrassed I know there have been days in which I've issued several dividends to LTC-DMF investors and now daily with bASIC-MINING shares. Guess I just figured there were others that felt as I do that it's better to have your funds to do with as you please ASAP. Lemme know if I can render any assistance, no doubt you have your hands full.

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