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Author Topic: Project Bitcoin Island - Bali - Indonesia  (Read 55149 times)
VampiricElder
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April 22, 2014, 07:06:45 PM
 #41

0.05 btc per share is alot of money in Indonesia, but I have a question:

Your cryptostocks listing says dividends will be paid on the last friday of each month, so will you be making the first dividend payment this friday 25th April?
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funchiestz
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April 24, 2014, 06:57:36 AM
 #42

0.05 btc per share is alot of money in Indonesia, but I have a question:

Your cryptostocks listing says dividends will be paid on the last friday of each month, so will you be making the first dividend payment this friday 25th April?

Hi VampiricElder  

Yes, we will issue the first dividend base on last month performance by tomorrow Smiley  Our exchange revenue is still small currently but we will keep it professional. But we are confident with this Project Bitcoin Island, our trading volume (and revenue) will grow exponentially so it will make the dividend bigger Smiley

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funchiestz
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April 24, 2014, 07:00:43 AM
 #43

Good luck with this project, I'm sure you would get ALOT of tourist to your bitcoin Island as it's just something totally new that people never heard before of. I would be curious to visit it too.  Cheesy

I hope so. It will give revenue to our government as well. So they may support us more.  We will initiate this project and fly to Bali by next week (end of april 2014). I will make the video documentation for Bitcoin Community in here.

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dewacoin
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April 24, 2014, 01:46:48 PM
 #44

Go.....

Bitcoin On Bali...

Saya Berdomisili di Bali...

Ada yg bs dibantu ?





halo dewacoin,

Lets we meet up in first week of May Cheesy Our target for first week of May is settle down our office in Bali. Please check your PM, I send you my HP number so we can communicate easier.

Thank you

Hello;

already had event meetup on ubud, come on joint us...

http://www.meetup.com/Ubud-Breakfast-with-Bitcoin/events/177217002/
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April 24, 2014, 02:04:00 PM
 #45

Good job guys. I also from Indonesia.  Wink

Lets make the world hear more about us and Bali is a very smart start

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April 25, 2014, 10:58:57 AM
 #46


Hi VampiricElder  

Yes, we will issue the first dividend base on last month performance by tomorrow Smiley  Our exchange revenue is still small currently but we will keep it professional. But we are confident with this Project Bitcoin Island, our trading volume (and revenue) will grow exponentially so it will make the dividend bigger Smiley


Hi Funchiestz,
I already followed your journey since you establish BTCID.
and I have no doubt on your professionalism and your breakthroughs in introducing BTC to Indonesian market.

but ummm,
you should be pay the 1st dividen today at 15.00 UTC+7
and I haven't received my dividen. you already missed about 3 hours.. but still acceptable.

however,
I'm fully support all your effort and plan to promoting bitcoin in Indonesia.

go BTCID Smiley
VampiricElder
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April 25, 2014, 06:26:05 PM
 #47

no dividend paid, no announcement made, not professional.
turnip628
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April 26, 2014, 04:04:48 AM
 #48

1 day passed, still no dividend and no announcement.
funchiestz
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April 26, 2014, 08:27:07 AM
 #49

Dear All Members

We would to thank you for buying our shares as token appreciation for supporting our Bitcoin Island Project. We also already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 March 2014 - 31 March 2014

Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00
Trading Fee Income in Rupiah                                                 Rp       15,133,345.06
Shares Percentage                                                                                        5.00%
Total Dividend for Cryptostocks Investors                                 Rp            756,667.25
Latest Bitcoin price in IDR                                                      Rp         5,150,000.00
Total Dividend for Cryptostocks in BTC  (10,000 shares)                            0.14692568

Dividend per Shares in BTC    0.00001469
Total Shared Held Publicly     98
Total Dividend Paid              0.001439872


We know our dividend is still small in the moment. But we believe our trading volume will be increase by multiple times after our project launch this May 2014 and it will increase the dividend as well.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

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VampiricElder
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April 27, 2014, 04:32:56 AM
 #50

if anyone is interested in buying a btcid share from me today i will transfer to your cryptostocks account for .04 btc. otherwise i will just wait til the ipo is lifted and il sell it then
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April 28, 2014, 05:31:04 PM
 #51

Dear All Members

We would to thank you for buying our shares as token appreciation for supporting our Bitcoin Island Project. We also already paid the dividend as agreement.

Here is the summary transaction for our exchanges:
Period : 1 March 2014 - 31 March 2014

Volume Bitcoin Trading in Rupiah                                             Rp  2,522,224,177.00
Trading Fee Income in Rupiah                                                 Rp       15,133,345.06
Shares Percentage                                                                                        5.00%
Total Dividend for Cryptostocks Investors                                 Rp            756,667.25
Latest Bitcoin price in IDR                                                      Rp         5,150,000.00
Total Dividend for Cryptostocks in BTC  (10,000 shares)                            0.14692568

Dividend per Shares in BTC    0.00001469
Total Shared Held Publicly     98
Total Dividend Paid              0.001439872


We know our dividend is still small in the moment. But we believe our trading volume will be increase by multiple times after our project launch this May 2014 and it will increase the dividend as well.

Best Regards

Bitcoin.co.id - Indonesia Bitcoin Exchange

If per share dividend is 0.00001469 BTC compared to the investment 0.05 BTC, the return is very micro 0.02938%. I think you hv wrongly valuate your company. Investor will expect annual return above the traditional market (mutual fund, stock, deposit, ...)

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April 29, 2014, 02:20:15 AM
 #52


If per share dividend is 0.00001469 BTC compared to the investment 0.05 BTC, the return is very micro 0.02938%. I think you hv wrongly valuate your company. Investor will expect annual return above the traditional market (mutual fund, stock, deposit, ...)


indeed. wrongly valuate and price per stock also quite high compared to other portfolio in cryptostocks.
there are lots of things that need to be fixed. but I still believe in them. hopefully they can meet their investors expectation in the coming months.

btw, is the IPO already lifted? no?
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April 29, 2014, 10:20:27 AM
 #53

I have one share and i am already desperate to sell it
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April 30, 2014, 07:33:18 PM
 #54

yes, IPO has already lifted just now.  We are doing valuation of our company base on our  existing investor schema therefore valuation of Bitcoin.co.id is $5M  (one investor give us $100,000 for 2% of our equity shares)

This fundraising is to supporting our Project in Bitcoin island. Therefore for anyone who want to support and believe this project please help us to buying our shares as token appreciation. This project is require quite big budget.

We believe this Project Bitcoin Island will bring healthy development in Bitcoin World.

Currently I already in Bali. Please let me know for any existing Bitcoiners in Bali if possible to meet up by this week or early next week.

To update our progress, Today we already in negotiation with landlord in here and the office suppose to be ready soon.

We will upload our video documentary when ready

Cheers !

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April 30, 2014, 08:03:44 PM
 #55

oh boy.  here we go

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May 01, 2014, 07:43:09 AM
 #56

oh boy.  here we go

thank you Smiley 

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St-ly_T
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May 01, 2014, 11:46:54 PM
 #57

Hi all !

I am newbie here. I am also quite new to crypto currencies. Just started learning about it early this year.

I am not affiliated to bitcoin.co.id but I think this is a good and promising business. I am talking about the exchange. Bitcoin to Indonesia rupiah, specifically. I think the market will grow.

As for the Bali Bitcoin island, not that convinced about the business yet.

Anyway, at first I am not that interested in buying bitcoin just to hope for it to increase in value. I was planning to have new business that can ride the growth of bitcoin industry but since I am still not able to put much capital yet, I think at 0.05BTC, this is one thing that I ride the growth of bitcoin  industry, especially in Indonesia market. Hopefully the turnover of bitcoin.co.id will grow and I can enjoy better dividend.

That is my rational for buying this stock.

Cheers !

NoDreamsWatching
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May 02, 2014, 09:06:37 AM
 #58

One way you could alleviate the issue of trust in your donation plan is to use a known, reputable, and paid bitcoin escrow service. Look up John K. at bitcoinforums, he is great. Cheers~
funchiestz
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May 02, 2014, 01:18:49 PM
 #59

Hi all !

I am newbie here. I am also quite new to crypto currencies. Just started learning about it early this year.

I am not affiliated to bitcoin.co.id but I think this is a good and promising business. I am talking about the exchange. Bitcoin to Indonesia rupiah, specifically. I think the market will grow.

As for the Bali Bitcoin island, not that convinced about the business yet.

Anyway, at first I am not that interested in buying bitcoin just to hope for it to increase in value. I was planning to have new business that can ride the growth of bitcoin industry but since I am still not able to put much capital yet, I think at 0.05BTC, this is one thing that I ride the growth of bitcoin  industry, especially in Indonesia market. Hopefully the turnover of bitcoin.co.id will grow and I can enjoy better dividend.

That is my rational for buying this stock.

Cheers !



hi St-ly_T

Thank you for your support Smiley


======================

Actually our shares that we offer in Cryptostocks is more for appreciation's token for donation in project Bitcoin Island.  We know currently our business is still small. But we want to give something in return to our donator and investor that why we are offering dividend in return to say thank you for trusting us.

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Bagus23
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Love Cryptocoin ~


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May 02, 2014, 06:11:18 PM
 #60

Rome wasn't built in a day  Grin

keep good work bitcoin.co.id  Grin

:3
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