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Topic: [ANN][exchange] alcurex v2.0.1 - page 74. (Read 152677 times)

sr. member
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Hello! Send me a message.
full member
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Merit: 100
March 09, 2014, 07:03:36 PM
Is alcurex running now or not yet?
hero member
Activity: 966
Merit: 1003
March 09, 2014, 07:03:12 PM
I am hoping they could create more companies on top of the exchange.

They said the shareholders would get a percentage of the profits of the EXCHANGE. Didn't see them mentioning getting any from the other companies / services they will be building.
legendary
Activity: 1316
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Bitcoin is a bit**
March 09, 2014, 07:01:17 PM
@blueangel01  what is GPU?
hero member
Activity: 966
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March 09, 2014, 07:00:07 PM
Good luck everyone, and I really hope this thing takes off good, especially as I hold a hefty stack of microCoins, but I'm out. Smiley
sr. member
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March 09, 2014, 06:58:56 PM
it is very hard to predict the income of the exchange. I am bullish on the developers. I am hoping they could create more companies on top of the exchange.
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
March 09, 2014, 06:55:37 PM
But don´t forget: Profit is just 0,4% of trade volume. So when you type in "alcurEX est. total profit/month "  for example 5 BTC the trade volume is about 1250 BTC per month!
hero member
Activity: 966
Merit: 1003
March 09, 2014, 06:47:01 PM
Actually if fee is 0.2%, it means 0.4% income for each trade. (Both side fee)

Oh yea, my bad.


10,000 BTC?
Did you mean 1,000/month?

No, 10,000 BTC every month for a year. But if the total fee is 0.4% then "only" 5,000 BTC every month for someone who holds 1% of public shares to get ~1 BTC.
legendary
Activity: 1316
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Bitcoin is a bit**
March 09, 2014, 06:46:13 PM
10 000 / month  - 1yr break even
1000 / month    - 10 yr break even
legendary
Activity: 1596
Merit: 1006
March 09, 2014, 06:42:38 PM
I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?

Still thinking about it. 1,000 BTC volume for the first month would be absolutely awesome - and if the trading fee is 0.2% that would mean 2 BTC profit. So 1 BTC for public share holders, and let's say you bought 1 BTC worth of shares i.e. 1 %, you'd get 0.01 BTC before tax. So basically the site should have 10,000 BTC volume every month for a year before you break even.
Actually if fee is 0.2%, it means 0.4% income for each trade. (Both side fee)
10,000 BTC?
Did you mean 1,000/month?
hero member
Activity: 966
Merit: 1003
March 09, 2014, 06:34:48 PM
I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?

Still thinking about it. 1,000 BTC volume for the first month would be absolutely awesome - and if the trading fee is 0.2% that would mean 2 BTC profit. So 1 BTC for public share holders, and let's say you bought 1 BTC worth of shares i.e. 1 %, you'd get 0.01 BTC before tax. So basically the site should have 10,000 BTC volume every month for a year before you break even.
sr. member
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Hello! Send me a message.
March 09, 2014, 06:16:00 PM
I could not decide if i should buy more shares or not... is there more people buying in the next 45 mins?
MCR
sr. member
Activity: 266
Merit: 250
March 09, 2014, 05:38:36 PM
Quote
This share will give you a right to your share of the profit alcurEX exchange makes.

It's quite possible that alcurex never makes any profit after paying salary for its employees and paying other expenses like servers, hosting and licenses etc. And this would mean that investors would never get a penny, correct?

(Disclaimer: I didn't read the thread fully, sorry if it's been discussed already)
Only the absolutely necessary cost is deducted first, which is server hosting.

The cost of our hosting varies on how much traffic the site has.
We use cloud hosting so we can upscale or downscale immediately based on need.

Since the cost of our server hosting is strictly tied to the traffic of the site it is basically impossible for the site to not make any profit after deducting the cost of server hosting.
The more traffic the site has, the more the site gets in profit, which pays for the server hosting. If the site has less traffic and less earnings, then the server hosting costs less also.

All salaries, expansion, maintenance and development costs are paid from the company's own funds. Only server hosting is deducted before paying dividends.
This is deducted equally from our 50% and the public shareholders' 50%

So, no. It's basically not possible for the shareholders to not get any profit after deducting costs.
50% of what is left after deducting server hosting costs is completely for the shareholders.
legendary
Activity: 1316
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Bitcoin is a bit**
March 09, 2014, 05:31:59 PM
No :

0.00 (90min)
legendary
Activity: 1596
Merit: 1006
March 09, 2014, 05:31:30 PM
Is the ipo closed already?
1 1/2 hours left.
member
Activity: 97
Merit: 10
March 09, 2014, 05:30:23 PM
Is the ipo closed already?
hero member
Activity: 966
Merit: 1003
March 09, 2014, 05:15:51 PM
What I'm wanting to know I suppose is that how do you define "profit"?
hero member
Activity: 966
Merit: 1003
March 09, 2014, 05:02:16 PM
Quote
This share will give you a right to your share of the profit alcurEX exchange makes.

It's quite possible that alcurex never makes any profit after paying salary for its employees and paying other expenses like servers, hosting and licenses etc. And this would mean that investors would never get a penny, correct?

(Disclaimer: I didn't read the thread fully, sorry if it's been discussed already)
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
March 09, 2014, 05:00:16 PM
In 3 hours ?! Damn , i thought tomorrow 0.00 .

That´s my curse -  everytime to late
legendary
Activity: 912
Merit: 1000
March 09, 2014, 04:48:58 PM
time check
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