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Topic: [ANN] CoinEX Official IPO @ Cryptostocks.com - page 3. (Read 8782 times)

sr. member
Activity: 420
Merit: 250
another greedy stock sale, they want all the money from investors but don't want to give up ownership and profits.

v overpriced

that's about what I think, too
newbie
Activity: 3
Merit: 0
another greedy stock sale, they want all the money from investors but don't want to give up ownership and profits.

v overpriced
sr. member
Activity: 420
Merit: 250
I did some quick calculations based on cryptsy current payouts

45 BTC since okt 25th = 45 BTC in 3months = 15 BTC a month paid out.

15 BTC / 100,000 shares = 0,00015 BTC per share per month.

This will never be profitable, unless volume goes through the roof.

Smiley)
yes, you have few problems with your math:)

the first one is: only 7,948 shares were sold and now are held publicly (not 100000)
legendary
Activity: 1946
Merit: 1007
I did some quick calculations based on cryptsy current payouts

45 BTC since okt 25th = 45 BTC in 3months = 15 BTC a month paid out.

15 BTC / 100,000 shares = 0,00015 BTC per share per month.

This will never be profitable, unless volume goes through the roof.
sr. member
Activity: 420
Merit: 250
80 000 shares at 0.04 btc = 3200BTC which is 20% of the entire coinEx shares.
So CoinEx is about 16000BTC worth Huh
16000BTC is about 14 400 000 $
I am not sure it worth it.
And I am sure it's not going to be sold out any time soon (considering Cruptsy shares history)

In addition: "The first payout will begin in May 2014"  - So, no need to hurry buying Smiley

Sounds about right to me, Scharmbeck is .05 BTC x 1,000,000 shares = $45 M, Cryptsy is currrently .19 BTC x 500,000 shares = $85.5 M and so on. Was up to $171 M a month ago. Big numbers I know, but did you know that places like BTC-e have days where they make over $100k? And that's in one day. I can see CoinEX competing with Cryptsy very soon.

Have you seen the dividends Scharmbeck is paying? Smiley) Their ROI at current price is what? about 1000 years Smiley) does Not sound right to me. +++ now I see that they have not payed dividends in January at all Smiley

In case of coinEx it might be right , but I need some more details to see it.

Thanks

sr. member
Activity: 840
Merit: 250
80 000 shares at 0.04 btc = 3200BTC which is 20% of the entire coinEx shares.
So CoinEx is about 16000BTC worth Huh
16000BTC is about 14 400 000 $
I am not sure it worth it.
And I am sure it's not going to be sold out any time soon (considering Cruptsy shares history)

In addition: "The first payout will begin in May 2014"  - So, no need to hurry buying Smiley

Sounds about right to me, Scharmbeck is .05 BTC x 1,000,000 shares = $45 M, Cryptsy is currrently .19 BTC x 500,000 shares = $85.5 M and so on. Was up to $171 M a month ago. Big numbers I know, but did you know that places like BTC-e have days where they make over $100k? And that's in one day. I can see CoinEX competing with Cryptsy very soon.

Note that 100,000 shares of cryptsy represents 20% of their revenue. That's how I got to the 500,000.
sr. member
Activity: 420
Merit: 250
1) "Each share represents 0.00025% of the trade fees collected. For example, if CoinEX collects 100 BTC in trade revenue, each share would receive 0.00025 BTC" (taken from the cryptostocks offering) ==> there is no word on earnings from pool mining. Is it going to be included in feeShares? If yes, add this info to the offering doc.
2) What is your current overall volume? (for last month/week)
3) What are your earnings from mining for last month/week (in case it's included in the fee shares)

I have these same questions!

I see #1 has been updated and changed on cryptostocks.
As for mining volume, I can see the current rate for SHA-256 is around 27 Th/sec and Scrypt is like 560 Mh/sec. (pool + switchpool).

I don't know the exchange volume but I can see it has been growing quite a bit lately. A few months ago, I remember there was very little volume.. but it seems to be increasing now.

That's OK.
But some more details about current volume would help people to make an estimation/decision.
sr. member
Activity: 420
Merit: 250
80 000 shares at 0.04 btc = 3200BTC which is 20% of the entire coinEx shares.
So CoinEx is about 16000BTC worth Huh
16000BTC is about 14 400 000 $
I am not sure it worth it.
And I am sure it's not going to be sold out any time soon (considering Cruptsy shares history)

In addition: "The first payout will begin in May 2014"  - So, no need to hurry buying Smiley

do not get me wrong. I want to buy few shares, but I want some more details to justify it.

Thanks
sr. member
Activity: 840
Merit: 250
1) "Each share represents 0.00025% of the trade fees collected. For example, if CoinEX collects 100 BTC in trade revenue, each share would receive 0.00025 BTC" (taken from the cryptostocks offering) ==> there is no word on earnings from pool mining. Is it going to be included in feeShares? If yes, add this info to the offering doc.
2) What is your current overall volume? (for last month/week)
3) What are your earnings from mining for last month/week (in case it's included in the fee shares)

I have these same questions!

I see #1 has been updated and changed on cryptostocks.
As for mining volume, I can see the current rate for SHA-256 is around 27 Th/sec and Scrypt is like 560 Mh/sec. (pool + switchpool).

I don't know the exchange volume but I can see it has been growing quite a bit lately. A few months ago, I remember there was very little volume.. but it seems to be increasing now.
newbie
Activity: 28
Merit: 0
1) "Each share represents 0.00025% of the trade fees collected. For example, if CoinEX collects 100 BTC in trade revenue, each share would receive 0.00025 BTC" (taken from the cryptostocks offering) ==> there is no word on earnings from pool mining. Is it going to be included in feeShares? If yes, add this info to the offering doc.
2) What is your current overall volume? (for last month/week)
3) What are your earnings from mining for last month/week (in case it's included in the fee shares)

I have these same questions!
member
Activity: 103
Merit: 10
LE HAPPY MERCHANT
Bought 10 Smiley
sr. member
Activity: 420
Merit: 250
Hi!
1) "Each share represents 0.00025% of the trade fees collected. For example, if CoinEX collects 100 BTC in trade revenue, each share would receive 0.00025 BTC" (taken from the cryptostocks offering) ==> there is no word on earnings from pool mining. Is it going to be included in feeShares? If yes, add this info to the offering doc.
2) What is your current overall volume? (for last month/week)
3) What are your earnings from mining for last month/week (in case it's included in the fee shares)

Thanks
full member
Activity: 140
Merit: 100
security,like correctness,is not an add-on feature
it would be nice if they aligned numbers with zero padding first...
sr. member
Activity: 546
Merit: 256
I think coinex will compete with cryptsy soon wtih this pottential. Love you guys. Coinex is a rush grown brand.
full member
Activity: 462
Merit: 100
Very nice!
Love your exchange and going to buy some shares.
Good luck!
hero member
Activity: 644
Merit: 500
why is this info not on the site?

Or if it is, it's hidden away. I use Coinex regularly, and this is the first I have heard of it.

Good luck, and I hope you continue to grow (I have noticed more volume lately) 
sr. member
Activity: 840
Merit: 250
Looks good CoinEX  Grin
full member
Activity: 266
Merit: 100
Crypto Enthusiast
ADD USDe Coin !
legendary
Activity: 1596
Merit: 1010
A bit of coverage for you guys :

http://www.cryptoarticles.com/crypto-news/2014/1/28/coinex-ipo-live-on-cryptostocks

Hope the shares will sell fast Smiley
sr. member
Activity: 294
Merit: 250
CoinEX is proud to announce it's official IPO release at cryptostocks.com.
https://cryptostocks.com/securities/79


If you are not familiar with what this is, cryptostocks is a site in which you can buy fee shares that coinex.pw generates via its exchange and mining pools. You can make a profit in two different ways,
1) the value of your early purchased shares will increase as the later released shares will be climbing from .04 BTC each to .12 BTC each, and
2) you will begin earning dividends on all of your purchased shares that you hold coming up soon in May 2014.



A total of 25% of all fee shares will be offered to the public in this way. Therefore, if you were to buy all 100,000 available public shares, you would earn 25% of all CoinEX exchange and mining revenue, and also be able to sell those shares that you own. Meaning you both hold growing value and earn monthly income on the number of stocks you hold.
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