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Author Topic: Omicron - Dividend-Issuing Currency - Sixth dividends issued: 437 sats/OMC  (Read 54958 times)
drays
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September 23, 2016, 11:01:47 PM
 #501

I got a problem. I needed to sent that 0.01 OMC for dividend registration. The unwanted side effect was, that relevant fraction of my OMC was sent to a change address of mine.

Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.

If I were to register that change address, the mess would spread. More change addresses.

How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?

I understand what you mean.
The form has changed.
You dont need to register your main OMC address.
Transaction ID of 0.01 OMC deposit and you BTC address are sufficient.

You are right, the form has changed, but I believe the concern of someone111 is still valid, because all hhis coins need to be at the address he registered, otherwise Gladimor cannot determine how many coins he has, and so cannot determine his share. Change address cannot be detected by Gladimor (he can see it in block explorer, but cannot know whether it is change address or for example a Yobit account address).

Thankfully the solution is easy. someone111, you need to re-send all your coins to the address you already registered. Next time you send any transaction, use "Coin Control" features, and explicitly specify the "Change address" to be your registered OMC address!! You will find that field as soon as you turn on teh Coin Control features and go to "Send" panel.

I always enable "Coin control" as soon as I install any wallet, as without that you have too little idea whats going on, and too little control over your funds and inputs. Keep it enabled!

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September 24, 2016, 12:30:24 AM
 #502

Network stuck? Stuck at block 2762? https://chainz.cryptoid.info/omc/ says that is our last block.

My wallets are also at block 2762.

My wallet says "out of sync"?

Normally a new block came up every few minutes. Now stuck for more than two hours?

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September 24, 2016, 01:51:34 AM
 #503

After a 3 hour gap, new blocks are coming every few minutes.

Thank you, drays!

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September 24, 2016, 08:11:11 AM
 #504

After a 3 hour gap, new blocks are coming every few minutes.

Thank you, drays!

The reason we are having gaps is because more people started to stake, diffuculty is rising fast so the new block retargeting takes some time. No worries. Wink


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September 24, 2016, 02:49:44 PM
 #505

However the difficulty rises, if one stakes all year, the profit will be 5% annually?

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September 25, 2016, 11:48:35 AM
 #506

However the difficulty rises, if one stakes all year, the profit will be 5% annually?

Yeah, in theory the amount of coins you have increases by %5 every year. However this theory depends on you holding your coins untouched and wallet open for a year. Every stake you get is calculated by this: the coins that got staked*0.05/365.


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September 25, 2016, 04:36:06 PM
 #507

What is the approximate fair value of OMC? Any opinions?

- let's say if everything works out
- lets compare this with a stock company to perhaps make things simpler?
- let's say, you get a ~10,67 % biweekly dividend, that is 278 % / year
- and your stock increases 5 % per year
- on the other hand, we don't really have comparable fundamentals
- biweekly payments are great, since you can use that money for a nice interest on interest effect, invest it elsewhere or buy more OMC

Anyhow. This looks better than any stock on the stock market, right? And stocks which are the most similar to OMC in dividend, easily cost several hundred of dollars.

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September 25, 2016, 08:09:01 PM
 #508

Gladimor, is the distrubution phase done? It would be good if we could get some exact numbers regarding the safe premine address and how many coins sold. Thanks.


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September 26, 2016, 01:28:18 PM
 #509

I always enable "Coin control" as soon as I install any wallet, as without that you have too little idea whats going on, and too little control over your funds and inputs. Keep it enabled!

Yep i encourage anyone and everyone that has no idea how to use coin control to do some googling. If you have pos coins and dont know about coin control you have been missing out.
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September 26, 2016, 03:23:15 PM
 #510

Gladimor, is the distrubution phase done? It would be good if we could get some exact numbers regarding the safe premine address and how many coins sold. Thanks.

Distribution is not over yet.

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September 26, 2016, 08:30:26 PM
 #511

Gladimor, is the distrubution phase done? It would be good if we could get some exact numbers regarding the safe premine address and how many coins sold. Thanks.

Distribution is not over yet.

how much Omicron are distributed yet?
any news about adding omc to bittrex/other exchanges?

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September 27, 2016, 08:51:45 AM
 #512

Its been more than 10 days since the IAO has ended. Can we at least get some accurate numbers to what we have, how many coins sold and how many were yet to be claimed? Any news on Bittrex or some other exchange where we can get some more exposure, at least.


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September 27, 2016, 08:44:55 PM
 #513

The first series of dividend payments will be issued in 3-7 days.

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September 27, 2016, 09:13:54 PM
 #514

hey liking omicron idea im new here not following up ... what happen to unsold tokens they get burned ... how many omc sold / in circulation now
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September 27, 2016, 09:41:08 PM
 #515

The first series of dividend payments will be issued in 3-7 days.

ok nice.  Cool

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September 27, 2016, 10:48:00 PM
 #516

That's awesome.....can't wait for this  Grin

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September 27, 2016, 11:26:38 PM
 #517

The first series of dividend payments will be issued in 3-7 days.

Can't wait for the first dividend payment. I managed collect some more cheap coins and increase my shares. As soon as we get couple of biweekly dividends people will start to buy Omicron like mad. For those who buys before certain time (for example before 8-9 biweekly dividends), profits will probably be huge. If we get some lucky trading and lending weeks we might even ROI in 3 biweekly dividends and than wait for the sweet profits.


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September 27, 2016, 11:57:08 PM
 #518

The first series of dividend payments will be issued in 3-7 days.

Can't wait for the first dividend payment. I managed collect some more cheap coins and increase my shares. As soon as we get couple of biweekly dividends people will start to buy Omicron like mad. For those who buys before certain time (for example before 8-9 biweekly dividends), profits will probably be huge. If we get some lucky trading and lending weeks we might even ROI in 3 biweekly dividends and than wait for the sweet profits.
Managed to acquire some cheap coins as well. Though managed to wreck my BTC core database as well so I'm currently still waiting for it to rebuild and sync that bloody thing to register myself for dividends.  Grin
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September 28, 2016, 12:46:56 AM
 #519

The first series of dividend payments will be issued in 3-7 days.

Can't wait for the first dividend payment. I managed collect some more cheap coins and increase my shares. As soon as we get couple of biweekly dividends people will start to buy Omicron like mad. For those who buys before certain time (for example before 8-9 biweekly dividends), profits will probably be huge. If we get some lucky trading and lending weeks we might even ROI in 3 biweekly dividends and than wait for the sweet profits.

I don't see why you think the profits will be huge now compared to what the could be later.. The profits originate from the funds invested during ICO, and they will be divided by the number of participants of ICO (roughly, of course, as not everyone will register to get dividents). So what could change later, so the same shares will get less dividends? Some coins will change owners , that's it, nothing else - but the dividends per share should remain the same.
If Gladimior finds new investors, and release now coins to them, his trading funds would increase accordingly, as well as dividends, so in result the dividents per share should remain practically the same.

So.. why you tell first registrants should get some huge profits?


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September 28, 2016, 08:40:34 AM
 #520

The first series of dividend payments will be issued in 3-7 days.

Can't wait for the first dividend payment. I managed collect some more cheap coins and increase my shares. As soon as we get couple of biweekly dividends people will start to buy Omicron like mad. For those who buys before certain time (for example before 8-9 biweekly dividends), profits will probably be huge. If we get some lucky trading and lending weeks we might even ROI in 3 biweekly dividends and than wait for the sweet profits.

I don't see why you think the profits will be huge now compared to what the could be later.. The profits originate from the funds invested during ICO, and they will be divided by the number of participants of ICO (roughly, of course, as not everyone will register to get dividents). So what could change later, so the same shares will get less dividends? Some coins will change owners , that's it, nothing else - but the dividends per share should remain the same.
If Gladimior finds new investors, and release now coins to them, his trading funds would increase accordingly, as well as dividends, so in result the dividents per share should remain practically the same.

So.. why you tell first registrants should get some huge profits?



The reason I assume first registrants will get higher profits is because there aren't many who registered yet and those little number of registers will share the pie. When there are more than 50 registrants the pie would be smaller. Right now and I think until people witness that we actually get amazing biweekly dividends the number of shareholders will increase drastically. That's why.


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