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Author Topic: Dividend Announced 900 Satoshi -- Buy B4 March 10.  (Read 1011 times)
upstreammin
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March 07, 2015, 06:23:44 PM
 #1

Hey Guys,

After putting in blood, sweat, and tears, the stock is finally paying a dividend.  Now's probanbly a good time to get in.

Cheers.

http://coincurrencynews.com/2015/03/07/get-your-dividend-now-900-satoshi
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March 07, 2015, 06:26:19 PM
 #2

What do they mean by 900 satoshi? Is it the price of the stock or other thing?




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ajareselde
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March 07, 2015, 07:05:52 PM
 #3

Let me bring my cold wallet online, it will bring me milk and honey to invest into something by some shady site with a 15 post mamber as spokesman.
Seriously, if anyone is even considering this, they deserve to loose their money. Stay away and be safe folks.

cheers
NUFCrichard
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March 07, 2015, 07:12:25 PM
 #4

The great thing about Satoshis are that they are so small, bitcoin is future-proofed as 1 satoshi will always be a low amount, even when Bitcoin is worth 25k per coin.

At the moment though they are used to make minuscule amounts of money appears to be a fair amount. In this case 900 Satoshi is 0.2 US cents.  Not really a great deal!
Possum577
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March 09, 2015, 01:08:17 AM
 #5

Is the payout 900 satoshi per share?

900 satoshis per $20 share is rediculously meaningless...I don't see the value but maybe I'm missing something.

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March 09, 2015, 04:10:41 AM
 #6

900 satoshis isn't very much and it seems that the site has already been running for about a year. Gotta admit the purpose of the site was a bit confusing at first. I could see that it was an economic game of some sort but there wasn't much information about how exactly it works and whether the things traded there are "real" or not. I found this article to be quite helpful:

http://onbitcoin.com/2013/11/13/goodbye-second-life-hello-bitcoin-new-economy-seventh-continent/

So basically, it's like Second Life - i.e. a virtual world where you can earn money by selling online wares. Second Life was able to create a $500 million internal economy so the idea is that Seventh Continent will do the same for Bitcoin.
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