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Topic: [BTC-TC] CryptX introduces the PETA-MINE - 18,000 CHIPS IN SEPTEMBER/UPDATE (Read 238226 times)

sr. member
Activity: 350
Merit: 250
With the closure of BTC-TC, CryptX will continue its listing of the PETA-MINE project on Crypto::Stocks (www.cryptostocks.com).

A new thread has been opened to continue to inform shareholders of new developments. This thread will be locked as it is linked to the BTC-TC listing. You can find the new thread here: https://bitcointalk.org/index.php?topic=310783.new
full member
Activity: 129
Merit: 100
...
Lastly, to me, it looks approximately correct that 65% of the mining revenue till this week of the initial deployment of 20 TH/s (ramping up slowly since early Oct), comes up to 300 btc.  Does this look right to the rest of you too?
Well, to be really transparent about this, we would need a look at the mining address...

Should be public no doubt! They have nothing to hide ... right(?)
hero member
Activity: 630
Merit: 500
That
Quote
Dividends will automatically appear in shareholders’ Bitcoin wallets every Friday around 15:00 GMT
needs revising. It's copy-paste from BTC-TC contract.
cryptostocks.com has no 'public address', so dividends must go through your cryptostocks account.
full member
Activity: 219
Merit: 100
cryptostocks eh? read the post below:

https://bitcointalksearch.org/topic/m.3110924

stealing dividends,getting root hacked,loosing 2500BTC....
good choice

Cryptx, any chance that dividends could be paid directly to public addresses until the above can be vetted? 

Looks like (luckily) he will:
Quote
Dividends will automatically appear in shareholders’ Bitcoin wallets every Friday around 15:00 GMT


so dividends wont be going through cryptostocks then? 
member
Activity: 106
Merit: 10
cryptostocks eh? read the post below:

https://bitcointalksearch.org/topic/m.3110924

stealing dividends,getting root hacked,loosing 2500BTC....
good choice

Cryptx, any chance that dividends could be paid directly to public addresses until the above can be vetted? 

Looks like (luckily) he will:
Quote
Dividends will automatically appear in shareholders’ Bitcoin wallets every Friday around 15:00 GMT
hero member
Activity: 630
Merit: 500
...
Lastly, to me, it looks approximately correct that 65% of the mining revenue till this week of the initial deployment of 20 TH/s (ramping up slowly since early Oct), comes up to 300 btc.  Does this look right to the rest of you too?
Well, to be really transparent about this, we would need a look at the mining address...
legendary
Activity: 994
Merit: 1000
cryptostocks eh? read the post below:

https://bitcointalksearch.org/topic/m.3110924

stealing dividends,getting root hacked,loosing 2500BTC....
good choice

Cryptx, any chance that dividends could be paid directly to public addresses until the above can be vetted? 
sr. member
Activity: 376
Merit: 250
maybe it is a chance for Cryptostocks to show something finally
full member
Activity: 129
Merit: 100
cryptostocks eh? read the post below:

https://bitcointalksearch.org/topic/m.3110924

stealing dividends,getting root hacked,loosing 2500BTC....
good choice
newbie
Activity: 45
Merit: 0
Quote
PETA-MINE listing moves to Cryptostocks.com
Dear Shareholder,

 

We are pleased to announce the continuation of our asset PETA-MINE on www.cryptostocks.com.

For swift transfer of your shares to cryptostocks.com, create an account on cryptostocks with the same e-mail address you used on btct.co. We will transfer your shares to your new account. Please inform us by e-mail ([email protected]) when your account is created so we can transfer your shares.

You will receive 10 times the amount of shares you owned at btct.co as we initiated a 1 for 10 share split.

Each share represents 1 GH/s of hashing power. CryptX has invested in 20 TH/s of hashing power, all mining revenue from this additional 20 TH/s will go to public shareholders until the initial investment of 0.065 BTC/share is recovered in dividends.

A first dividend of 300 BTC will be paid on 18 October 2013.

 

Regards,

CryptX

Gee, cryptostocks :-/

So, based on the 10 x 2313 shares outstanding on btct + 11 new shares sold on cryptostocks, we can expect to see 300 / (23130+11) ~= 0.01296 btc dividends per share this friday?

Why are the remaining available shares being sold at 0.065 btc, instead of 0.066 btc?

Actually, since the IPO hasn't completed, how would the plan to return 0.065 btc of the initial investment in dividends work out?

Has anyone compared the last version of the contract on btct with the much shorter version now on cryptostocks.com?

Lastly, to me, it looks approximately correct that 65% of the mining revenue till this week of the initial deployment of 20 TH/s (ramping up slowly since early Oct), comes up to 300 btc.  Does this look right to the rest of you too?


EDIT: I don't know any backgrounds of Cryptostock but at least the first impressions about the site was much more positive than on BTC-TC...

But, the main question should now be - is that old BTC-TC's contract still in use with the exception of share splitting?? Shocked
full member
Activity: 219
Merit: 100
Liquidity absolutely blows on cryptostocks

Look at all the stocks dealing with btc then compare the volumes

 Huh

full member
Activity: 215
Merit: 100
Quote
PETA-MINE listing moves to Cryptostocks.com
Dear Shareholder,

 

We are pleased to announce the continuation of our asset PETA-MINE on www.cryptostocks.com.

For swift transfer of your shares to cryptostocks.com, create an account on cryptostocks with the same e-mail address you used on btct.co. We will transfer your shares to your new account. Please inform us by e-mail ([email protected]) when your account is created so we can transfer your shares.

You will receive 10 times the amount of shares you owned at btct.co as we initiated a 1 for 10 share split.

Each share represents 1 GH/s of hashing power. CryptX has invested in 20 TH/s of hashing power, all mining revenue from this additional 20 TH/s will go to public shareholders until the initial investment of 0.065 BTC/share is recovered in dividends.

A first dividend of 300 BTC will be paid on 18 October 2013.

 

Regards,

CryptX

Gee, cryptostocks :-/

So, based on the 10 x 2313 shares outstanding on btct + 11 new shares sold on cryptostocks, we can expect to see 300 / (23130+11) ~= 0.01296 btc dividends per share this friday?

Why are the remaining available shares being sold at 0.065 btc, instead of 0.066 btc?

Actually, since the IPO hasn't completed, how would the plan to return 0.065 btc of the initial investment in dividends work out?

Has anyone compared the last version of the contract on btct with the much shorter version now on cryptostocks.com?

Lastly, to me, it looks approximately correct that 65% of the mining revenue till this week of the initial deployment of 20 TH/s (ramping up slowly since early Oct), comes up to 300 btc.  Does this look right to the rest of you too?
newbie
Activity: 36
Merit: 0
At last!  Wink
Thanks for the news about transfer, CryptX!!!
Gives a noob like me ease at heart...  Grin
full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
I wasn't comparing havelock to another exchange i was comparing it to colored coins which has 0 fees. I tested colored coins out and its awesome I didn't realize the version out is only for testing my bad :/

Havelock is better than the other choices imho if we have to use an exchange...is direct sale a possibility or will that choke exposure too far?

I miss btc.co  Sad

Oh btw they are selling btc.co source code if someone wants to start up a new one
hero member
Activity: 630
Merit: 500
All that about fees is easy to check:
bitfunder:
  trading: pricing tiers, by last 60 day sales, tier 1 (<BTC50) = 1%

picostocks:
  trading: 1% only when selling
  dividends: 2%
  withdrawing: network fee BTC0.0005

havelock:
  trading: 0.4% only when selling
  withdrawing: BTC0.001

cryptostocks:
  trading: 0.15% (+ security specific fee ??)
  withrawing: BTC0.01

Indeed, Havelock is much better than picostocks, and with LOWER fees.
legendary
Activity: 994
Merit: 1000
Havelock is much better than pico stocks, even with higher fees (if that is true).
full member
Activity: 215
Merit: 100
What's wrong with Havelock fees?
full member
Activity: 219
Merit: 100
DO NOT USE HAVELOCK

Their fees are a rip, they are not decentralized, they may be subject to regulation anyway completely defeating the purpose.

Easy solution: Colored Coins. [coloredcoins.org]

We need a solution now.  Colored Coins are the future, but we are not  ready for them yet


www.picostocks.com then

full member
Activity: 180
Merit: 100
After Economics: Learning is just the first step.
DO NOT USE HAVELOCK

Their fees are a rip, they are not decentralized, they may be subject to regulation anyway completely defeating the purpose.

Easy solution: Colored Coins. [coloredcoins.org]
full member
Activity: 219
Merit: 100
Cryptx,

I know your busy, but at the same time can you give us shareholders an update?

It's the very least you can do
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