EDIT: I would even say if the company doesn't have the funds for Dividends THEN BE HONEST AND TELL US THIS DO NOT TRY TO MANIPULATE VOTES AND SUCH TO PASS OFF WORTHLESS COINS INSTEAD OF BTC.
This address had only 10k coins atvtge end if q3... And registered for a whopping 4 days of q3, thus getting paid for 4 days out of 91 or 92 days of the quarter. This is based solely on registration date of the wallet.
Ah ok makes sense then. Thank you for explaining it. Looking at it from the CURRENT shareholder totals standpoint is what threw me off. I still don't agree with the weighted voting but I do feel better considering there is a higher probability of no fraud occurring
Ok, there is already fraud - when you change the rules as you please (Amber LTD or AmberDev, whoever made this voting fiasco happen), IT'S FRAUD.
Also, I see no guaranteed payout if we don't want to keep the AMBER coins, as it's stated shareholders who purchase directly from AMBER LTD.
Aren't those who purchase directly from AMBER LTD entitled to a buypack at the purchase price? Might be mistaken on that, I'm sure someone will weight in this.
So, we are essentially getting the dividend reduced by a factor of 3 (current price is 0.016584).
That said, at least there is some dividend happening after all - which is a good thing.
Weighted voting actually is fair, and you could make a case for investor choice as well.
I just can't believe there are still fools who buy this coin at 3-4x the current market value.
That may be the most foolish thing I've ever heard - would you buy Apple @ $290 a share with a %30 annual dividend (staking)?