Topic: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. - page 64. (Read 152955 times)

Maybe paymeng in 60%btc and 40%qbk?

Yea sounds good,options.

That's also a cool idea..

And I would prefer BTC. as the payout, but it wouldn't kill me either way.  Prefer not going thought the identity stuff. 

I thought the card was a cool method of payment.  But if it's costing you,  why are you using that.  They should be paying you for distributing their cards and getting them more clients...     Do I hear residual payments??? 

Maybe you can offer all three.  Make the bag holders sign up to at least verify their QBK wallet, and choose a payment method.  Card, BTC, or QBK.   

Busoni and Dev know the issue please be patient.

Over 3 hours i'm trying to sync, is there even someone with a synced wallet?

I personally prefer this route also myself, it's much less to deal with and also generates more efficiency in general and no verification process. Also people will earn a bit more if we don't have the card expense I guess too. Just my personal opinion, this I came to realize as most people in Crypto don't like to show their identities, unlike us who have to because we made the coin.

anyone with another node?

I agree

My face, my ID, my physical adress? U guys need this? Nobody who likes crypto will like this processing. If this will go that way ill sell my Qibucks at the earliest opportunity and i think many others too. Sorry for english.
   

   Can't you just transfer the BTC from the card to your wallet?  I don't know much about the card.  

   I actually agree and like the level concept.  It encourages people to baghold more and more, It's just the payout scheme I think I have a problem with.

Here is one team member saying it's based on the number of coins in the wallet.



There were other posts from team members that implied it was base on 1 share per level you are in.  This was in the discussion about breaking up wallets to get more share.  I can't seem to scroll back far enough to quote.  

This could all be a language barrier too.  Maybe I'm interpreting incorrectly....  

I suggested that earlier. Easiest and most logical way to go is forget the pools. Just add up the total of coins of everyone who signs up for payouts, split the rewards per coin, and that's it. I'd put a cap on it to bar exchanges and megawhales from eating too many payouts.

The other alternative someone else here mentioned is similar to a percentage, but instead are proportional shares within each pool, based on coins held. They could keep the pools then, but offer multiple shares.

Either of those two options makes much more sense to me than their original plan. If they do this, they could also offer an option to get paid btc directly to one's wallet instead of a physical card then, if people so choose. I like the idea of the debit card, so would choose that myself... but everyone has different preferences. I think the skype idea is a horrible one and probably won't even bother with it if they go that route.

Added 8 addresses from 104.131.194.96: 0 tried, 8 new


seems all 8 addresses are giving:
connection timeout

my wallet synced until block 428 generated 14 hours ago and stopped, using the addnode=104.131.194.96

I invested because it seemed like syncoin... i hope it is. Dev team should look to the successes of sync. Make it happen!!

At the current dump, for whichever mysterious reason, people would probably prefer btc to qbk. Becoming less likely that people are dumping this below ICO  

Go riddance.

That ICO went quickly!!!

Any chance we can just get our dividends in QBK?

I don't want a card in my wallet with Bitcoin (I don't know where it'll be accepted locally) -
I don't want to verify my identity and home address or have to do more work to get my dividend...
I'd like to maximize my Dividend and have it immediately. (W/O international shipping times and expenses)
QBK or BTC seem to exchange quite easily on Poloniex.  
Please just send me QBK, as I'm used to receiving dividends in the same currency....


I see what chilly2k is saying...
Could the payout percentages also be simplified and streamlined to __% across the board for holders?  All one pool.

Anyone else feel this way???

I'm on the Dev team, but I'm trying to simplify and challenge the team to make it easier and more rewarding for QBK coinholders....

POBH = Proof of Baghold, or POS that's better than POS.

In a nutshell, in addition to your 5% per annum POS stake interest, you also get a monthly dividend bonus commensurate
with the total number of coins you have in your wallet.

Busoni and Dev are onto it it will be fixed..please bear with us.   

Can someone explain to me as if I were a 11 year old, what does PoB mean and do?

That still doesn't help at all.    The 2 answers I can see are

a) All accounts with > 100 Qibucks are somehow verified.  Then are placed in their bagholder category.  Payout are then based on which category they fall into.
   So all bag holders split the Mini Bag 20%.  The midi and maxi bagholders split the midi 15% and then the maxi bagholders split the maxi 15%.
   it doesn't matter how many coins you hold, it just matters what category you fall into.  

b) The category you fall into tell you which pools you will share.  But your actual share is based on the number of coins you hold.  

Very simple example   500K coins


                                    Earning based            Earning based
                                    on a)                          on B)          

  1 person buys 250K        .03456                       .125
  5           buy    10K        .03456                        .05
  10          buy 9.999K         .009566                   .007749
 1000       buy   100         .0001968                    .00004

if the answer is a) above then
    Mini bag holders are 1016 and would each get .0001968 th of the mini 20%  .20/1016
    Midi are 16    so each would get .00937    or .15/16          
    Maxi are 6    so each would get  .025    or  .15/6

if the answer was b) The the coin totals in the cats are
    Mini 499,990 coins   .20/499990 = .00000040      Total .00000040  / coin
    Midi 399,990 coins    .15/399990 = .000000375   Total .000000775 / coin
    Maxi 300,000 coins   .15/300000 = .0000005       Total .000001275 / coin

I think I'm shooting myself i the foot (I'm just in the midi class) If the current calculations are based on A then your payouts are
greater percentage wise to smaller accounts.  But if you go to B I'll make less money....   But you would encourage larger holders.  

The numbers were super exaggerated to make the point, but statistically they should be very close.    

Prove me wrong.  Don't just say I'm wrong.  
 
                    Thanks  Bob