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Author Topic: [CRYPTO-TRADE] Crypto-trade.com IPO and official thread!  (Read 171070 times)
RoadToHell
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August 01, 2013, 06:47:02 PM
 #401

Dividends still "processing" after 10 hours, btct doesn't seem to be in a haste...
I have a dividend deposit into my btct wallet 10+ hours ago (at 8:25 udt).  So I think the dividends have been distributed, something's just not closed out on their process.  Or that status just hasn't been updated.

Sam Spade: We were talking about a lot more money than this.
Kasper Gutman: Yes, sir, we were, but this is genuine coin of the realm. With a dollar of this, you can buy ten dollars of talk.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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neotrix (OP)
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August 02, 2013, 05:57:07 AM
 #402

Dividends still "processing" after 10 hours, btct doesn't seem to be in a haste...
I have a dividend deposit into my btct wallet 10+ hours ago (at 8:25 udt).  So I think the dividends have been distributed, something's just not closed out on their process.  Or that status just hasn't been updated.

Yes the dividend has been issued, I dunno about this status processing, it is the first time I see it when issuing a dividend. Anyway everything looks ok now.


Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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August 02, 2013, 06:30:33 AM
 #403

Dividends still "processing" after 10 hours, btct doesn't seem to be in a haste...
I have a dividend deposit into my btct wallet 10+ hours ago (at 8:25 udt).  So I think the dividends have been distributed, something's just not closed out on their process.  Or that status just hasn't been updated.

Yes the dividend has been issued, I dunno about this status processing, it is the first time I see it when issuing a dividend. Anyway everything looks ok now.


24 hours, I still haven't received anything...
Crypto-Trade
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August 02, 2013, 07:03:49 AM
 #404

It appears that the dividend payments may have not completed, we'll give btct.co a poke to get some more info.

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August 02, 2013, 08:08:18 AM
 #405

It appears that the dividend payments may have not completed, we'll give btct.co a poke to get some more info.

Poke successful!

A database upgrade paused the dividend process mid process, everyone should have their coins now! Give thanks to burnside for his quick reply and action! Smiley

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August 02, 2013, 03:21:58 PM
 #406

Pulled from the news on btct.co and litecoinglobal.com for convenience:
(apologies for the formatting issues)

Quote
Dear Shareholders,


Please find below a detailed financial report for Crypto-trade.com with dividend calculation:

BTC/USD
Volume    926.82648949 BTC      74257.60473761 USD
Fees      1.60340982 BTC           132.92111248 USD

....

[major long and huge snip]




I like the detailed financial report. Being able to see the numbers behind the exchange makes us (the investors) feel more apart of it.

That being said, I think a full report is way too much info for a btct.co / Litecoinglobal "news" item.
Personally, I think the news item should briefly discuss what Crypto-Trade is doing, talk about the dividend, and include a link to the full financial report.


Example:
Quote
Dividends are expected to be X, and will be paid on {date}

Crypto-Trade had a new record setting moth. The referral program is a success! There are now X users which is an X% increase over last month.
In the coming month, Crypto-Trade plans to do {new promotion}. This will be a boon to Crypto-Trade because it will {promotion details}.

The full financial report for this month can be found here: {link to Google Docs or Forum Post}
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August 04, 2013, 01:40:55 AM
 #407

Pulled from the news on btct.co and litecoinglobal.com for convenience:
(apologies for the formatting issues)

Quote
Dear Shareholders,


Please find below a detailed financial report for Crypto-trade.com with dividend calculation:

BTC/USD
Volume    926.82648949 BTC      74257.60473761 USD
Fees      1.60340982 BTC           132.92111248 USD

....

[major long and huge snip]




I like the detailed financial report. Being able to see the numbers behind the exchange makes us (the investors) feel more apart of it.

That being said, I think a full report is way too much info for a btct.co / Litecoinglobal "news" item.
Personally, I think the news item should briefly discuss what Crypto-Trade is doing, talk about the dividend, and include a link to the full financial report.


Example:
Quote
Dividends are expected to be X, and will be paid on {date}

Crypto-Trade had a new record setting moth. The referral program is a success! There are now X users which is an X% increase over last month.
In the coming month, Crypto-Trade plans to do {new promotion}. This will be a boon to Crypto-Trade because it will {promotion details}.

The full financial report for this month can be found here: {link to Google Docs or Forum Post}

Yes I will change for this format on next dividends.

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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August 06, 2013, 05:02:12 PM
 #408

Quote
0.15% fees transaction for VIP member ( more than x volume monthly, more than x shares owned, or other categories can be considered later)
How to become VIP?
X volume ?
X shares owned ?
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August 06, 2013, 07:03:09 PM
 #409

How to become VIP?
X volume ?
X shares owned ?

Based on volume, unfortunately there isn't a static 'X' that determines when they are given the promotion. It's arbitrary for now as the trade patterns of our user base are also growing/changing. At this point in time, if your volume sticks out, you'll be considered.

Other reasons for VIP being given are things such as contests or supporting the community. The VIP status will not be commonplace on the exchange.

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September 01, 2013, 06:04:00 PM
 #410

Our monthly dividends have been issued! Some promising growth, perhaps!?

Copied directly from the report:

Code:
Dear Shareholders,

 

Please find below a detailed financial report for Crypto-trade.com with dividend calculation:

BTC/USD

Volume    532.98665020  BTC        54751.40699070 USD

Fees        1.00734477 BTC             104.02767328 USD

 

LTC/USD

Volume     13640.49768843 LTC        33021.86205905 USD

Fees          26.59897049 LTC              64.39263101 USD

 

LTC/BTC    

Volume        14868.61932692 LTC       374.16511631 BTC

Fees             29.43986626 LTC             0.71091372 BTC

 

NMC/USD  

Volume        1158.52429169 NMC             691.85525336 USD

Fees             2.25912236 NMC                   1.32144353 USD

 

NMC/BTC

Volume       7535.95377931 NMC        45.38792794 BTC

Fees            14.54439079 NMC            0.08941421 BTC

 

DVC/BTC

Volume        1137356.52683292 DVC    0.55672698 BTC

Fees             2160.97740098 DVC          0.00108005 BTC

 

TRC/BTC

Volume        15538.84237707 TRC        25.07201659 BTC

Fees             30.14535421 TRC              0.04889044 BTC

 

PPC/BTC            

Volume        62247.80025107 PPC        88.86158378 BTC

Fees:            118.27082048 PPC            0.17239148 BTC

 

FTC/BTC              

Volume        9917.12321041 FTC        13.57026319 BTC

Fees             18.84253409 FTC             0.02591920 BTC

 

CNC/BTC

Volume        142.17501092 CNC        0.01167729 BTC

Fees             0.27013252 CNC            0.00002323 BTC

 

BTC/EUR

Volume        29.24341500  BTC        2268.03706539 EUR

Fees            0.05702465 BTC            4.42267227 EUR

 

LTC/EUR

Volume        431.57334045 LTC        861.80568345 EUR

Fees             0.84156801 LTC            1.68052108 EUR

 

WDC/BTC

Volume        266201.35423706 WDC    13.06210871 BTC

Fees             505.78257305 WDC        0.02547111 BTC

 

DGC/BTC

Volume        6917.08101324 DGC    1.81108233 BTC

Fees            13.14245392 DGC         0.00353161 BTC

 

XPM/BTC

Volume        56261.41769343 XPM        382.17127724 BTC

Fees            108.58453614 XPM             0.75287741 BTC

 

XPM/USD

Volume        18547.02686213 XPM        12795.87854083 USD

Fees             36.16670238 XPM              25.33583851 USD

 

XPM/PPC

Volume        8535.18260848 XPM        36957.24328012 PPC

Fees            16.98501339 XPM             72.06662439 PPC


 

TOTAL TRADE FEES

 

USD    195.07758633

EUR     6.10319335        (7.6290 USD)

 

BTC    2.89488188

LTC    56.88040476         (136.51297142 USD)

NMC    16.80351315         (0.06973458 BTC)

XPM    161.73625191         (0.67929225 BTC)

PPC    190.33744487         (0.12564076 BTC)

TRC    122.92411125         (0.25695555 BTC)

FTC    18.84253409         (0.021 BTC)

WDC    505.78257305         (0.01770239 BTC)

DGC    13.14245392         (0.001578 BTC)

CNC    0.27013252             (0.000023 BTC)


 

+  339.21955775 USD              (fiat trade fees)

+  4.06680841 BTC (@ 125 USD)     (crypto trade fees)

+  559.38 USD                 (withdraw/deposit fees)

 

=  1406.950609 USD            (total)


 

DIVIDEND

 

Shares sold in LTC : 3457 : 53.8306%

Shares sold in BTC : 2965 : 46.1694%

 

Dividend for BTC :  757.37 USD = 6.05896 BTC

Dividend for LTC :  649.58 USD = 272.93277310 LTC

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September 01, 2013, 08:59:46 PM
 #411

Looks pretty good!

Any estimate on when SEPA/wire will be available? That combined with an ad campaign could very well catapult crypto-trade into a more prominent position among exchange markets.
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September 03, 2013, 08:11:11 PM
 #412

Looks great from the last 3 added payment options. Can't await until SEPA will become available.

I guess I owe you an apology for doubting your intentions with ESECURITYSABTC, neotrix.

One feature I'd like to see with Crypto-Trade: Profile option to set nicks different from the login for the shoutbox, I think it'd improve safety.
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September 03, 2013, 10:45:30 PM
 #413

Could you create a PPC/USD trading pair? I'd really like to see that. Thanks.

Regarding new coin, pairs, currencies in general, etc.  All the requests go noticed to us, and while we can't immediately give 'Yes' or 'No' answers, they all end up on a 'to talk about' list! If there's large enough support, and the coin isn't dark and shadey, it'll happen.

Hopefully that was a more honest reply than the usual 'We'll consider it!' I've felt obligated to give repeatedly so far! =)

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September 03, 2013, 10:49:11 PM
 #414

If there's large enough support, and the coin isn't dark and shadey, it'll happen.

Best and honest answer. I like it.
neotrix (OP)
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September 06, 2013, 01:16:39 PM
 #415

Shareholders News:

A shareholder page which is listing total volume since start of month for each pair, has been added on the website : https://crypto-trade.com/shareholder



Website news :

We are happy to announce we started to accept more payments processors to deposit or withdraw EUR and USD currencies.

- Ukash is now accepted for USD deposits and withdrawals. (10% fees to deposit / 5% fees to withdraw)

- Paypal is now available for withdrawals in USD (6.5% fees)

- Liqpay is now available for withdrawals in USD and EUR (5% fees)

- We are now accepting Payeer (Payeer.com).

Payeer Allow you to deposit USD or EUR into your Crypto-trade account using your Payeer balance, but not only. You can choose to deposit using Liqpay, Webmoney, Qiwi or many other way. Please select Payeer when making your deposit to see all options available on Payeer Payment webpage.

Fees to deposit: 0%
Fees to withdraw: 1%

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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September 08, 2013, 09:12:03 PM
 #416

We just been the target of a really big DDOS attack ( 90 giga band...) We are proud to announce we been online even if site was a bit slow for less than 1 hour. The attack is now 100% mitigated. Thanks to koddos.com network.

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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September 08, 2013, 09:54:29 PM
Last edit: September 08, 2013, 10:25:43 PM by Vexual
 #417

It seems you are still distributing 100% of profits to shareholders. Is this correct?
If so, how long is this expected to continue?

1VEX7x76pJdreV1nJW8bXpotbCNggDxG5
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September 08, 2013, 10:38:39 PM
 #418

It seems you are still distributing 100% of profits to shareholders. Is this correct?

Yes  Cheesy

If so, how long is this expected to continue?

After some quick correspondence, the 100% distribution is guaranteed for the next two dividends, and any bonuses afterwards have not yet been decided, we'll know more as that time comes.

Furthermore, what is the percentage of profits that will become the dividend on each exchange, considering how many shares you sold and the original dividend arrangement?

Every 1000 shares represents 1% of the website's gross profits; while this is not the case during the 100% distribution period, it will eventually become the standard, as per the contract.

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September 23, 2013, 09:37:24 AM
 #419

What are your plans for transferring the shares now that BTCT.CO is going to close? What other exchange are you planning to use?

It would be nice to have an update as soon as possible.
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September 23, 2013, 02:32:09 PM
 #420

Regarding the securities markets shutting down:

Frequent emails are provided to us regarding who holds shares, so while there may be a panic on the market itself currently, the shares and dividends will continue on schedule.

As for where we will go afterwards: We are considering the possibility of adding the share trading directly onto our website as a pseudo-currency, and if that's not possible, or not acceptable, there are plenty of other security markets we can utilize!


We'll keep everyone updated on this as we decide the route we take. As always, feel free to share your concerns, suggestions, and thoughts on anything thus far!

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