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SPECULATE.XCP - Weekly Payouts!

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  • Cryptonaut

    So I just realized that I miscalculated todays payout... I forgot that I did not need to deduct the percentage to re-invest because the remaining un-sold tokens already do that for me. Whoops. Another 27 satoshis per token are being sent out right now. The new price is actually 0.0000144 BTC per unit.

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  • Invullx

    @cryptonaut first weekly payment made with the full 100,000 tokens and re-investment in place. 0.045 BTC in income received, 61% reinvestment this week and 0.68 new BTC raised.

    This week is actually probably going to be the cheapest week ever to purchase tokens. Price dropped a lot but from here on out it will pretty much always increase (along with the payouts) unless we lose a major source of dividends / income or something. If the rest of the tokens get bought up really fast at these low rates, I might have to issue some more to keep this going.

    Cryptonaut, I'll invest a further 0.05 btc.

    Hello

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  • yampi

    Too many tokens reduced the dividends.

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  • bitsol

    @yampi Too many tokens reduced the dividends.

    Imo, there is not too many tokens.

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  • Cryptonaut

    Looks like counterwallet is down for upgrades.. this weeks payment will have to wait until the morning (same goes for anyone that owns some EARNFREEBTC).

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  • bitsol

    Is the purchase automatic, or do you do it manually?

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  • Cryptonaut

    @bitsol Is the purchase automatic, or do you do it manually?

    I currently do it manually, but at some point it would be cool to setup some automation :p

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  • markxmayer

    Vennd news: "Please note we have only disabled one side of the XBTC gateway - you can still redeem your XBTC into BTC (minimum amounts still apply)! You are simply unable to exchange BTC into XBTC at this time and for the foreseeable future."

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

    Looks like we need to change our payouts...

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  • Cryptonaut

    @markxmayer Vennd news: "Please note we have only disabled one side of the XBTC gateway - you can still redeem your XBTC into BTC (minimum amounts still apply)! You are simply unable to exchange BTC into XBTC at this time and for the foreseeable future."

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

    Looks like we need to change our payouts...

    hmm yikes, thats probably not good? any ideas on what should we do? might be time to setup a new payout token..

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  • markxmayer

    No ideas really. BTC would be easiest but the fees might be too much for smaller transactions. XCP? Your own token as you suggested? I'm with whatever you think and I am ok waiting on payouts until we come up with a good solution.

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