Topic: [BitFunder] btcQuick - Bitcoin Sales Service - page 41. (Read 93934 times)
Sounds good.
Just wanted to post an update. Dividend will be posted before 05/01/2013 @ 7:00PM MST
Thank you for your consistency these past couple of times.
Hope you keep the momentum going.
You are doing good.
Hope you keep the momentum going.
You are doing good.
A dividend of ฿8.000000 or ฿0.00000016 per share was paid this morning.
Still out of stock?
What is wrong with the inventory, you are losing so many sales right now!!!
Please Ascension, reply the PM I sent you.
What is wrong with the inventory, you are losing so many sales right now!!!
Please Ascension, reply the PM I sent you.
my math might be bad but how i cant seem to match your PL report
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
So I'm not Ascension obviously. But money raised does not mean sales will rise too.
As the P&L report says, no money was spent in marketing - so all growth in March has been organic.
Also, many companies with $3000 per month profit will be priced at over $500,000. Thats not a completely bad p/e ratio for a new firm. Think of this as a startup and not a mature company.
You can't evaluate a bitcoin based company the same way you would evaluate a NYSE company. The risks with bitcoin are different. The risks with a company buying and selling bitcoins needs to be understood before you invest. You should consider investment in btcQuick as high risk.
+1
Having used btcquick.com, I think they have huge potentinal. Buying BTC with CC (and w/out suffering OTC) has been a dream of mine since BTC before coinbase was around. I got the coins quickly in my email.
my math might be bad but how i cant seem to match your PL report
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
So I'm not Ascension obviously. But money raised does not mean sales will rise too.
As the P&L report says, no money was spent in marketing - so all growth in March has been organic.
Also, many companies with $3000 per month profit will be priced at over $500,000. Thats not a completely bad p/e ratio for a new firm. Think of this as a startup and not a mature company.
You can't evaluate a bitcoin based company the same way you would evaluate a NYSE company. The risks with bitcoin are different. The risks with a company buying and selling bitcoins needs to be understood before you invest. You should consider investment in btcQuick as high risk.
my math might be bad but how i cant seem to match your PL report
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
https://docs.google.com/spreadsheet/pub?key=0AoYY1V1t8ncndFBwV04zZzBKRWFqbFFua2JsT3Jaemc&single=true&gid=2&output=html
with your march profits. also with 1000 more btc raised from ipo how come the sales were so bad compared to february?
2013 February - $1,790.62 USD (Est. 57.72469375 BTC)
2013 March - $ 2,741.64 USD (Est. 21.08461538 BTC) - March P&L
also at current share prices the company is valued at around 500k usd, seems pretty insane for a company with less than 3k a month profits.
for people that bought shares how do you justify that?
A dividend of ฿12.5 or ฿0.00000025 per share has been paid.
Thank you for the March P&L.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
+10
In the future we will add # of transaction and the average sale. For march we had 406 orders for an average of $160.53 per order.
Your products say out of stock on the website, by the way.
Dividend will be paid out tomorrow as to include sales from 04/15/2013.
Thanks,
-Ascension
Thanks,
-Ascension
Have to say it's nice to see a decent set of accounts that seems to contain the information they should. Haven't had a chance to go over them properly and analyse the numbers - but at least I now CAN, which is more than can be said for most other securities.
Thank you for the March P&L.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
+10
Quote
Do you offer GOX USD codes, or just BTC codes? Looks like you had USD codes but they are now out of stock.
MtGox stopped issuing codes. 
Do you offer GOX USD codes, or just BTC codes? Looks like you had USD codes but they are now out of stock.
Thanks,
Thanks,
Thank you for the March P&L.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
Any way to see the "number of sales" data?
One sale of 1140 BTC shows a different picture than 114 sales of 10BTC.
Also, I love how you have memberships. A small barrier to signup, but should go a long way towards making people buy again and again. Can you share any data regarding this? Any RFM numbers for members? (How Recently they've bought (so number of members signing up per day), at what Frequency do they buy and re-buy, how much do Money do they spend per transaction.)
Not sure if you're tracking these numbers, but if not - you should track RFM - it would help a lot - and not only to us share holders. But also to you in optimizing processes and conversion rates and increasing revenue.
The March P&L has been posted on bitfunder.
Thanks,
-Ascension
Thanks,
-Ascension
What the hell is going on with the website.
I get 500 error in the site.
Also, I expect the following dividends to be on time.
Time is the basic language of business.
If you are not sure, multiply by two your estimation to have enough cushion for unforeseeable inconveniences.
I get 500 error in the site.
Also, I expect the following dividends to be on time.
Time is the basic language of business.
If you are not sure, multiply by two your estimation to have enough cushion for unforeseeable inconveniences.
We have made a dividend payment of 10BTC or 0.00000020 BTC/share.
Between April 1st & April 8th we sold $ 48,840.83.
I apologize for the delay in getting this out. The March P&L will be posted tomorrow.
Thanks,
-Ascension
Between April 1st & April 8th we sold $ 48,840.83.
I apologize for the delay in getting this out. The March P&L will be posted tomorrow.
Thanks,
-Ascension
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