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EARNFREEBTC.XCP - Earn BTC with your CounterWallet

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  • Cryptonaut

    @asdolino

    "The price is 0.00025 BTC per share"

    I have three questions @cryptonaut before investing:

    1) Can the value of earnfreebtc change or is it fixed forever?

    2) If I buy them and after some months I would want to quit from the investment, could I have my btc back?

    3) How much is the gain (approximately)? Let's say I have bought 1btc worth of earnfreebtc last week, what would be my gain?

    Thanks

    1) I am selling 40,000 out of 100,000 total shares at 0.00025 BTC each, I have no plans on changing the price. Once those 40,000 are all sold, no more will be sold in the foreseeable future (I want to keep at least 50% for myself)

    2) No, I will most likely not buy back any tokens. You are free to sell them on the market though (although not much of a market right now.. that should change soon)

    3) The dividends can vary quite a bit. Normal weeks are fairly low payments (at least lately), but now and then a larger ad deal is made which results in a much bigger payout, like 5x to 10x or more of a normal week. You can see for yourself all the dividends that have been made here: http://earnfreebitcoins.com/xcp

    The intention of this crowdsale has been to raise a decent amount of funds so that I can afford to spend the time (or hire someone) to make some serious upgrades to the site and push things on the marketing front, which would hopefully bring in more users and advertisers (thus increasing payouts / profit). So far I have only received a little over 1 BTC in the few months that I have been running this, so hasnt had much of an impact quite yet.

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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  • Paws1t1veEV

    Will there be a dividend payment this week?

    Thanks,

    Paws

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  • copy&paste

    @paws1t1veev Will there be a dividend payment this week?

    Thanks,

    Paws

    There's a problem with counterwallet so the payments are delayed for some hours.

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  • Cryptonaut

    Sorry yeah, I forgot to update this post. Counterwallet issue so payment was delayed. Payment going out shortly

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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  • Cryptonaut

    dividend paid!

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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  • Paws1t1veEV

    Thanks for the regular dividends!

    It appears that the vending machine for XBTC will no longer allow conversion of BTC to XBTC.

    Will this effect dividend payments? Could they be paid out in XCP?

    https://forums.counterparty.io/discussion/761/quick-buy-update-from-vennd-io

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  • Cryptonaut

    @paws1t1veev Thanks for the regular dividends!

    It appears that the vending machine for XBTC will no longer allow conversion of BTC to XBTC.

    Will this effect dividend payments? Could they be paid out in XCP?

    https://forums.counterparty.io/discussion/761/quick-buy-update-from-vennd-io

    The disabling of BTC -> XBTC conversion is only temporary actually, and I have had word from the guys at vennd that it will be coming back soon. However conversions the other way around (XBTC -> BTC) still work, so you can still trade in what you have for real bitcoin. Additionally I can also personally convert XBTC for anyone if they dont want to use the vending machine.

    As for dividends, I have several weeks worth of XBTC stashed to make payouts with, so all is good :)

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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  • Cryptonaut

    Havnt updated this thread in a while...

    couple updates:

    • In case you havnt noticed, all payments are being paid out in BITCOINEX now instead of XBTC. See here for more info: https://letstalkbitcoin.com/forum/post/bitcoinexxcp-and-the-counterparty-gateway
    • The EARNFREEBTC funding address (which is still the same address) is now operated by an automated "vending machine", which means that tokens are sent out automatically within a few blocks after an incoming transaction has confirmed (instead of being manually sent out by me whenever I see them). The vending machine accepts BTC, XBTC and BITCOINEX for new purchases (0.00025 per token)

    cheers!

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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  • Cryptonaut

    After a while of nothing really happening with this project, and with only a small amount of BTC raised from the initial crowdfund attempt... I have went ahead and reformed this project into a unique token rewards program instead of a crowdfund/investment token (and also now 100% automated). The gist of it is as follows:

    EARNFREEBTC is a rewards token for the bitcoin faucet/advertising service http://earnfreebitcoins.com. Users who sign up for the rewards program are distributed 5 tokens each time they receive a payment from the website. Each week, a bonus BTC reward (in the form of BITCOINEX) is distributed to every token holder based on the total number of sponsored website visits the service has served in the past week. This gives token holders an incentive to increase the popularity of the website, as it has a direct impact on the bonus income received. EARNFREEBTC is a limited resource, permanently capped at 100,000 units and will be distributed until there is none left. The only way to obtain these tokens is through distributions from the website, or from acquiring from other users. More info and current stats can be found here: http://earnfreebitcoins.com/xcp

    There is also now a TCA forum accessible by any EARNFREEBTC holder which can be found on https://tokentalk.org (tip: you can login with your LTB/Tokenly account).

    Chief Architect - Let's Talk Bitcoin!
    Co-Founder - Tokenly
    Owner - IronClad Web Technologies
    BITCOINEX - SPECULATE - EARNFREEBTC - BOOKKEEPER - IRONCLADWEB
    Adbit.co Bitcoin Advertising

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