[ANN] Fibonacci Info and questions - page 12.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

"Each share is 1/200,000th of the profits generated from Hardware sales. "

So if they receive $100.000 you will receive $0,50 (100.000 / 200000)
So if they receive $1.000.000 you will receive $50,-

Right?

--

Quote from: eXme on January 28, 2014, 04:09:43 PM

the more shares you the faster is the roi

Why? If you buy 2, you've got to pay the double amount too so I think that's bullshit Wink

.

Edit: and, the share self has value.

eXme

full member

Activity: 241

Merit: 100

Quote from: gadado on January 28, 2014, 04:04:56 PM

Quote from: Don007 on January 28, 2014, 03:02:41 PM

http://www.fibonacci.io.

Im told that they will be for sale from tonight. 2.15 LTC per share, with a max of 100 shares per person.

2.15 LTC -> 55 dollar

Quote

Each share is 1/200,000th of the profits generated from Hardware sales. What this means is each user that purchases any ASIC from Fibonacci will generate income and 5% of that will be used toward these shares.

so 5% of that income x and 1/200000 of that cake

ROI:
0.000005 * 0.05 * x = 55 dollar

-> x = 220'000'000 dollar

so if they generate an income of 220 mil dollar from those seels you just get back what you invested...

tell me I did something wrong in those numbers pls...

like the webpage thisis not convincing to me. Not at all.

are they really serious? Huh

the more shares you the faster is the roi

eXme

full member

Activity: 241

Merit: 100

what about hardware when it will be avaible?

gadado

hero member

Activity: 965

Merit: 515

Quote from: Don007 on January 28, 2014, 03:02:41 PM

http://www.fibonacci.io.

Im told that they will be for sale from tonight. 2.15 LTC per share, with a max of 100 shares per person.

2.15 LTC -> 55 dollar

Quote

Each share is 1/200,000th of the profits generated from Hardware sales. What this means is each user that purchases any ASIC from Fibonacci will generate income and 5% of that will be used toward these shares.

so 5% of that income x and 1/200000 of that cake

ROI:
0.000005 * 0.05 * x = 55 dollar

-> x = 220'000'000 dollar

so if they generate an income of 220 mil dollar from those seels you just get back what you invested...

tell me I did something wrong in those numbers pls...

like the webpage thisis not convincing to me. Not at all.

are they really serious? Huh

FiatKiller

sr. member

Activity: 378

Merit: 250

Yeah, I found it after some Googling myself and saw that the Buy button did not do anything yet.

Jason, please release it early enough for us EST-ers. :-D

Soak

full member

Activity: 213

Merit: 100

Quote from: Don007 on January 28, 2014, 03:02:41 PM

http://www.fibonacci.io.

Im told that they will be for sale from tonight. 2.15 LTC per share, with a max of 100 shares per person.

That's it.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

http://www.fibonacci.io.

Im told that they will be for sale from tonight. 2.15 LTC per share, with a max of 100 shares per person.

FiatKiller

sr. member

Activity: 378

Merit: 250

Quote from: Don007 on January 28, 2014, 02:27:24 PM

What are the prices going to be for the chips? Ive read somewhere about 550 dollars per chip - 960 khash/s.

Could someone give me more information about this? I saw the website is online now, with website shares and hardware shares. Where do you earn from from the website?

You see shares for sale? What's the URL?

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

What are the prices going to be for the chips? Ive read somewhere about 550 dollars per chip - 960 khash/s.

Could someone give me more information about this? I saw the website is online now, with website shares and hardware shares. Where do you earn from from the website?

cryptrol

hero member

Activity: 637

Merit: 500

Quote from: jasinlee on January 23, 2014, 09:16:07 AM

Cutting it close now.

It seems the Gridseeds are already hashing fast. Hope to see your offers soon.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Cutting it close now.

FiatKiller

sr. member

Activity: 378

Merit: 250

I've been sick as a dog for 3 days. Thank God the website is not up yet. Whew!

Sy

legendary

Activity: 1484

Merit: 1003

Bounty Detective

Soak you are talking about profit revenue shares that can be exchanged for chip shares later, not the same...

There are 3 type of shares
HW is hardware profit revenue
SITE is profit revenue from the site (exchange and whatever they can think off)
CHIP will be the asic chips, last to be released

BTCJack

newbie

Activity: 6

Merit: 0

what time frame are you thinking about for the website being up and pre-orders being taken?

Soak

full member

Activity: 213

Merit: 100

Quote from: jasinlee on January 21, 2014, 08:31:56 PM

Quote from: eXme on January 21, 2014, 08:15:54 PM

Quote from: Soak on January 21, 2014, 08:12:29 PM

Quote from: eXme on January 21, 2014, 05:45:33 PM

Quote from: jasinlee on January 14, 2014, 11:18:01 PM

Looks like we got someone for the eagle conversions so we can assume that bounty will be taken soon so thanks for the PMs in regard to the AURA Open source PCB.

The shares purchases will open up very very soon, we will launch the site in stages. Starting with shares, we will limit purchases per account by 99 shares per user. These shares will be for a piece of Fibonacci Hardware sales. There will be a total of 10k shares, which will represent 5% of the hardware sales. Then we will launch other portions of the site, on launch we will have a closing date for the initial sale. After which, we will begin cleanup of any bugs we found (such as a tester found tonight a simple one) then move into launch of the exchange and preorder sales. We do have some users testing the site, if all goes well it will be up asap.

btw havent followed the whole conversation, what is the price of one share in $ converted to LTC?

The price of a hardware share is 2.15 LTC so roughly $51.385 ATM.

Thank you.
Also max 99 Shares pro account so 212.85 LTC or $ 2117.115. Btw how much khps is one share?

Currently that would be about 4 chips but that will likely change. The chip prices will be static.

What? 1 share ~= $51 so 99 shares ~= $5000. The price of 10 chips. 1 chip is ~1 mh/s ~= $500 if I'm right.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: eXme on January 21, 2014, 08:15:54 PM

Quote from: Soak on January 21, 2014, 08:12:29 PM

Quote from: eXme on January 21, 2014, 05:45:33 PM

Quote from: jasinlee on January 14, 2014, 11:18:01 PM

Looks like we got someone for the eagle conversions so we can assume that bounty will be taken soon so thanks for the PMs in regard to the AURA Open source PCB.

The shares purchases will open up very very soon, we will launch the site in stages. Starting with shares, we will limit purchases per account by 99 shares per user. These shares will be for a piece of Fibonacci Hardware sales. There will be a total of 10k shares, which will represent 5% of the hardware sales. Then we will launch other portions of the site, on launch we will have a closing date for the initial sale. After which, we will begin cleanup of any bugs we found (such as a tester found tonight a simple one) then move into launch of the exchange and preorder sales. We do have some users testing the site, if all goes well it will be up asap.

btw havent followed the whole conversation, what is the price of one share in $ converted to LTC?

The price of a hardware share is 2.15 LTC so roughly $51.385 ATM.

Thank you.
Also max 99 Shares pro account so 212.85 LTC or $ 2117.115. Btw how much khps is one share?

Currently that would be about 4 chips but that will likely change. The chip prices will be static.

eXme

full member

Activity: 241

Merit: 100

Quote from: Soak on January 21, 2014, 08:12:29 PM

Quote from: eXme on January 21, 2014, 05:45:33 PM

Quote from: jasinlee on January 14, 2014, 11:18:01 PM

Looks like we got someone for the eagle conversions so we can assume that bounty will be taken soon so thanks for the PMs in regard to the AURA Open source PCB.

The shares purchases will open up very very soon, we will launch the site in stages. Starting with shares, we will limit purchases per account by 99 shares per user. These shares will be for a piece of Fibonacci Hardware sales. There will be a total of 10k shares, which will represent 5% of the hardware sales. Then we will launch other portions of the site, on launch we will have a closing date for the initial sale. After which, we will begin cleanup of any bugs we found (such as a tester found tonight a simple one) then move into launch of the exchange and preorder sales. We do have some users testing the site, if all goes well it will be up asap.

btw havent followed the whole conversation, what is the price of one share in $ converted to LTC?

The price of a hardware share is 2.15 LTC so roughly $51.385 ATM.

Thank you.
Also max 99 Shares pro account so 212.85 LTC or $ 2117.115. Btw how much khps is one share?

Soak

full member

Activity: 213

Merit: 100

Quote from: eXme on January 21, 2014, 05:45:33 PM

Quote from: jasinlee on January 14, 2014, 11:18:01 PM

Looks like we got someone for the eagle conversions so we can assume that bounty will be taken soon so thanks for the PMs in regard to the AURA Open source PCB.

The shares purchases will open up very very soon, we will launch the site in stages. Starting with shares, we will limit purchases per account by 99 shares per user. These shares will be for a piece of Fibonacci Hardware sales. There will be a total of 10k shares, which will represent 5% of the hardware sales. Then we will launch other portions of the site, on launch we will have a closing date for the initial sale. After which, we will begin cleanup of any bugs we found (such as a tester found tonight a simple one) then move into launch of the exchange and preorder sales. We do have some users testing the site, if all goes well it will be up asap.

btw havent followed the whole conversation, what is the price of one share in $ converted to LTC?

The price of a hardware share is 2.15 LTC so roughly $51.385 ATM.

eXme

full member

Activity: 241

Merit: 100

Quote from: jasinlee on January 14, 2014, 11:18:01 PM

Looks like we got someone for the eagle conversions so we can assume that bounty will be taken soon so thanks for the PMs in regard to the AURA Open source PCB.

The shares purchases will open up very very soon, we will launch the site in stages. Starting with shares, we will limit purchases per account by 99 shares per user. These shares will be for a piece of Fibonacci Hardware sales. There will be a total of 10k shares, which will represent 5% of the hardware sales. Then we will launch other portions of the site, on launch we will have a closing date for the initial sale. After which, we will begin cleanup of any bugs we found (such as a tester found tonight a simple one) then move into launch of the exchange and preorder sales. We do have some users testing the site, if all goes well it will be up asap.

btw havent followed the whole conversation, what is the price of one share in $ converted to LTC?

anderl

hero member

Activity: 714

Merit: 500

Quote from: jasinlee on January 17, 2014, 10:33:57 AM

We are filling the site with content right now, patience my friends ! Cheesy

Eagerly anticipating your release. I've been a long time lurker of your project over the last year here, on litecointalk.com and your chats on btc-e.com. Can't wait to see what you release into the wild for us to use.

Topic: [ANN] Fibonacci Info and questions - page 12. (Read 104190 times)