|
Bitcoin Oz (OP)
|
 |
July 11, 2012, 08:41:44 AM
Last edit: September 27, 2012, 12:15:04 PM by bitcoin.me |
|
 This is an account I setup on GLBSE after a suggestion from Sukrim. The idea is that any coins or shares sent to this account will be used to donate to various faucet sites and the bitcoin100, or future bitcoin promotional activities. I sent 7 COGNITIVE shares to it already. If bitcoins get donated I will use them to get more shares that pay dividends and in turn be able to fund more donations. I intend to eventually hand over this account whenever a bitcoin foundation exists at some point in the future. The glbse account to donate to is called "charity" Edit:As there are currently no administration costs I take nothing out of the pot. I will probably only need to send out dividend coins once per week and that is a one minute job. If someone wants to donate a free website maybe on google apps that would be good. If you dont have a glbse account I setup a deposit address at 1HNhEsFJFjnipSwguuFmTFVtz5eGmX4n4J any coins sent here will buy some shares probably in companies who have already donated some  What will the funds be used for ?The dividends will get distributed amongst the faucet,the bitcoin100 http://bitcoin100.org and the bitcoin testing project https://bitcointalk.org/index.php?topic=80019.0
We will also contribute to bounties from time to time for important bitcoin related development work. Paid to Date15ArtCgi3wmpQAAfYx4riaFmo4prJA4VsK | Faucet 0.789 17XvU95PkpDqXAr8ieNpYzSdRDRJL55UQ8 https://bitcointalk.org/index.php?topic=80019.0Bitcoin Testing Project 0.6293 1BTC1oo1J3MEt5SFj74ZBcF2Mk97Aah4ac http://bitcoin100.org/Bitcoin100 0.56 https://bitcointalk.org/index.php?topic=93606.0Ultimate Blockchain Compression 16ofWVGwqDVjwhV95fDUrkyqT4Bcy1Nc6G 0.475 https://bitcointalk.org/index.php?topic=113400.0The bitcoin foundation. 1BTCorgHwCg6u2YSAWKgS17qUad6kHmtQW |
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Bitcoin Oz (OP)
|
|
July 11, 2012, 01:25:49 PM |
|
Excellent idea.
Thanks. Its about as lean as can be as far as a charity org goes since it doesnt even need a website. |
|
|
|
Newar
Legendary
 Offline
Activity: 1358
Merit: 1000
https://gliph.me/hUF
|
|
July 11, 2012, 04:45:34 PM |
|
What is the BTC deposit address?
|
|
|
|
matthewh3
Legendary
Offline
Activity: 1372
Merit: 1003
|
 |
July 11, 2012, 07:02:52 PM |
|
Beat me to it didn't see your post. I think there is room for more than one charity fund as mine it not solely raising for bitcoin project itself.. If I ever run out of time for my own fund I'll give whatever raised to your fund. Good luck. https://bitcointalk.org/index.php?topic=92754.0 |
|
|
|
sebnow
Newbie
Offline
Activity: 33
Merit: 0
|
|
July 11, 2012, 09:23:56 PM |
|
I like the idea. Faucet sites have helped me get started so I have donated a BIB.BVPS share.
|
|
|
|
|
|
Bitcoin Oz (OP)
|
|
July 11, 2012, 10:11:37 PM |
|
What is the BTC deposit address?
sign up to GLBSE, transfer funds to your GLBSE account, then after they show up in your account, then buy shares in "charity" No you dont have to buy shares in anything just use the transfer feature. This is why- Transfer fees
There is no fee to transfer bitcoin (BTC) or assets/securities that have a total trade volume of less than 20BTC since IPO. Everything else has a 0.20% BTC fee of the 5 day average price. This fee is not refundable. Thanks to our first donations :  |
|
|
|
|
Bitcoin Oz (OP)
|
|
July 11, 2012, 10:21:04 PM
Last edit: July 11, 2012, 10:43:39 PM by bitcoin.me |
|
Beat me to it didn't see your post. I think there is room for more than one charity fund as mine it not solely raising for bitcoin project itself.. If I ever run out of time for my own fund I'll give whatever raised to your fund. Good luck. https://bitcointalk.org/index.php?topic=92754.0"charity" has a specific purpose of promoting bitcoin itself. I dont want to pick winners and losers as far as other charities goes thats the job for the bitcoin100. |
|
|
|
|
Bitcoin Oz (OP)
|
|
July 11, 2012, 10:55:43 PM |
|
If people think its a good idea I will setup an actual asset on glbse, but that seems like an un needed extra cost.
|
|
|
|
|
Bitcoin Oz (OP)
|
|
July 11, 2012, 11:36:58 PM |
|
I like the idea. Faucet sites have helped me get started so I have donated a BIB.BVPS share.
Thanks for the support |
|
|
|
|
Bitcoin Oz (OP)
|
|
July 12, 2012, 03:41:13 AM |
|
The account now has 2 factor auth setup. Updated the OP with some more infos.
|
|
|
|
Newar
Legendary
Offline
Activity: 1358
Merit: 1000
https://gliph.me/hUF
|
|
July 12, 2012, 03:53:09 AM |
|
No you dont have to buy shares in anything just use the transfer feature.
This is why I was asking for the BTC deposit address. The way it is now only issuers of shares can donate. |
|
|
|
|
memvola
|
|
July 12, 2012, 04:22:01 AM |
|
No you dont have to buy shares in anything just use the transfer feature.
This is why I was asking for the BTC deposit address. The way it is now only issuers of shares can donate. Why do you think that's the case? Anyone can transfer shares or bitcoins through GLBSE. |
|
|
|
|
Newar
Legendary
Offline
Activity: 1358
Merit: 1000
https://gliph.me/hUF
|
|
July 12, 2012, 04:35:50 AM |
|
Because I didn't know?
Seen it now - thanks.
|
|
|
|
|
Bitcoin Oz (OP)
|
|
July 12, 2012, 06:41:01 AM |
|
No you dont have to buy shares in anything just use the transfer feature.
This is why I was asking for the BTC deposit address. The way it is now only issuers of shares can donate. No you can also transfer bitcoins through glbse. I just created a bitcoin deposit address at 1HNhEsFJFjnipSwguuFmTFVtz5eGmX4n4J so you dont need a glbse account. |
|
|
|
|
Bitcoin Oz (OP)
|
|
July 12, 2012, 06:44:41 AM |
|
If people think its a good idea I will setup an actual asset on glbse, but that seems like an un needed extra cost.
My suggestion is to do this later, when you have more money. Donated some shares of my companies too~ good luck Thankyou. Looks like we will have daily income now thanks to YARR |
|
|
|
|
Bitcoin Oz (OP)
|
|
July 13, 2012, 07:59:59 AM |
|
We had the first dividend today thanks to YARR Getting quite a diverse selection of shares for the fund. Thanks to all who are donating. Update:  |
|
|
|
|
BlackPrapor
|
|
July 13, 2012, 09:07:51 AM |
|
@bitcoin.me Would you like to discuss what those funds would be spent for? I'd like to donate, but I want to be sure that your plans are consistent with mine so to speak |
There is no place like 127.0.0.1
In blockchain we trust
|
|
|
|
Bitcoin Oz (OP)
|
|
July 13, 2012, 10:24:19 AM |
|
@bitcoin.me Would you like to discuss what those funds would be spent for? I'd like to donate, but I want to be sure that your plans are consistent with mine so to speak Its pretty specific. The first 5 bitcoins raised will be donated to Gavin's bitcoin faucet to replace the ones that were stolen. After that dividends will go to other free faucets and http://bitcoin100.org/ The only other projects it would go to are ones that promote bitcoin itself. |
|
|
|
|
