[ANN][exchange] alcurex v2.0.1

[theomoplatapus]

Did we ever get an answer on how often dividends would be paid?

[MCR]

Did we ever get an answer on how often dividends would be paid?

Dividends are paid monthly.

We will probably make the payments more frequent a little later on, but the dividend payments will start as monthly.

[MCR]

Just a friendly reminder that the IPO ends in under 3 hours and this is the last chance to buy alcurEX shares.

The IPO ends at exactly 0:00 (GMT +0), which is a little under 3 hours from now.

Cryptostocks link:
https://cryptostocks.com/securities/90

[Hilux74]

time check

[schnötzel]

In 3 hours ?! Damn , i thought tomorrow 0.00 .

That´s my curse -  everytime to late

[illodin]

This share will give you a right to your share of the profit alcurEX exchange makes.

It's quite possible that alcurex never makes any profit after paying salary for its employees and paying other expenses like servers, hosting and licenses etc. And this would mean that investors would never get a penny, correct?

(Disclaimer: I didn't read the thread fully, sorry if it's been discussed already)

[illodin]

What I'm wanting to know I suppose is that how do you define "profit"?

[MicroCC]

Is the ipo closed already?

[halibit]

Is the ipo closed already?

1 1/2 hours left.

[schnötzel]

No :

0.00 (90min)

[MCR]

This share will give you a right to your share of the profit alcurEX exchange makes.

It's quite possible that alcurex never makes any profit after paying salary for its employees and paying other expenses like servers, hosting and licenses etc. And this would mean that investors would never get a penny, correct?

(Disclaimer: I didn't read the thread fully, sorry if it's been discussed already)

Only the absolutely necessary cost is deducted first, which is server hosting.

The cost of our hosting varies on how much traffic the site has.
We use cloud hosting so we can upscale or downscale immediately based on need.

Since the cost of our server hosting is strictly tied to the traffic of the site it is basically impossible for the site to not make any profit after deducting the cost of server hosting.
The more traffic the site has, the more the site gets in profit, which pays for the server hosting. If the site has less traffic and less earnings, then the server hosting costs less also.

All salaries, expansion, maintenance and development costs are paid from the company's own funds. Only server hosting is deducted before paying dividends.
This is deducted equally from our 50% and the public shareholders' 50%

So, no. It's basically not possible for the shareholders to not get any profit after deducting costs.
50% of what is left after deducting server hosting costs is completely for the shareholders.

[blueangel01]

I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?

[illodin]

I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?

Still thinking about it. 1,000 BTC volume for the first month would be absolutely awesome - and if the trading fee is 0.2% that would mean 2 BTC profit. So 1 BTC for public share holders, and let's say you bought 1 BTC worth of shares i.e. 1 %, you'd get 0.01 BTC before tax. So basically the site should have 10,000 BTC volume every month for a year before you break even.

[halibit]

I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?

Still thinking about it. 1,000 BTC volume for the first month would be absolutely awesome - and if the trading fee is 0.2% that would mean 2 BTC profit. So 1 BTC for public share holders, and let's say you bought 1 BTC worth of shares i.e. 1 %, you'd get 0.01 BTC before tax. So basically the site should have 10,000 BTC volume every month for a year before you break even.

Actually if fee is 0.2%, it means 0.4% income for each trade. (Both side fee)
10,000 BTC?
Did you mean 1,000/month?

[schnötzel]

10 000 / month  - 1yr break even
1000 / month    - 10 yr break even

[illodin]

Actually if fee is 0.2%, it means 0.4% income for each trade. (Both side fee)

Oh yea, my bad.

10,000 BTC?
Did you mean 1,000/month?

No, 10,000 BTC every month for a year. But if the total fee is 0.4% then "only" 5,000 BTC every month for someone who holds 1% of public shares to get ~1 BTC.

[schnötzel]

But don´t forget: Profit is just 0,4% of trade volume. So when you type in "alcurEX est. total profit/month "  for example 5 BTC the trade volume is about 1250 BTC per month!

[blueangel01]

it is very hard to predict the income of the exchange. I am bullish on the developers. I am hoping they could create more companies on top of the exchange.

[illodin]

Good luck everyone, and I really hope this thing takes off good, especially as I hold a hefty stack of microCoins, but I'm out.

[schnötzel]

@blueangel01  what is GPU?