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Topic: [BitVPS Dividends] S.BVPS May Monthly Report (Read 1366 times)

hero member
Activity: 518
Merit: 500
Would love to invest in this (sick of mining funds - no imagination) but the 20 BTC fee to join the exchange is prohibitively expensive.

With Bitcoin where it is today, I can't afford risk investing anything more than an additional $1000 in total.

No way am I paying 10% of that to the exchange.

Too greedy.

Made even worse by the fact that the only investment available on the exchange that I would currently want to invest in is S.BVPS.

Catch 22 - too few investments - too few investors - too high fees - too small market.
A solution is at hand: BVPS depositary receipts on GLBSE.
sr. member
Activity: 343
Merit: 250
Would love to invest in this (sick of mining funds - no imagination) but the 20 BTC fee to join the exchange is prohibitively expensive.

With Bitcoin where it is today, I can't afford risk investing anything more than an additional $1000 in total.

No way am I paying 10% of that to the exchange.

Too greedy.

Made even worse by the fact that the only investment available on the exchange that I would currently want to invest in is S.BVPS.

Catch 22 - too few investments - too few investors - too high fees - too small market.
hero member
Activity: 518
Merit: 500
Congratulations on some impressive results!

I'm just wondering why the dividend is paid on a float of 500'000 shares, rather than the full 1'000'000? (I recall seeing a similar thing with the MPOE dividend.)

Quote
Your dividend payment for S.BVPS in total sum of 3216500000 to a notional float of 500000 has been issued on June 5, 2012, 10:07 pm. Feel free to publish this receipt to your shareholders.

Could you also explain the order performance graph? I notice that numbers for Jan, Feb, Mar, and Apr decrease on successive months. I originally presumed that these are the new customers from each month, but this should not change in successive monthly. So is it the date the current customers first joined (and the decrease represents customer attrition)? Or is it something else.
sr. member
Activity: 419
Merit: 250
BitVPS's May earnings statement can be viewed on BitVPS.COM at http://www.bitvps.com/investor-relations/bitvps-may-earnings/

tl;dr == 35 new clients, 294 BTC cost, 487BTC total income, 193 BTC profit, 34 BTC dividends paid out to investors
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