Author

Topic: Can someone please explain how btct.co works ? (Read 1309 times)

newbie
Activity: 51
Merit: 0
How much are the trading fees and other fees at btct.co?

hero member
Activity: 756
Merit: 522
Would want to know what you guys think will happen to the per share cost in the near future lets say 2  months ??

Will the price per Share increase or decrease ?

Herp.

You are the poster child of "those people who have no business investing". Please read up on finance etc first.
hero member
Activity: 1778
Merit: 764
www.V.systems
Would want to know what you guys think will happen to the per share cost in the near future lets say 2  months ??

Will the price per Share increase or decrease ?
hero member
Activity: 1778
Merit: 764
www.V.systems
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
hero member
Activity: 1778
Merit: 764
www.V.systems
This thread is actually pretty cool.

TROLL -_-
hero member
Activity: 1778
Merit: 764
www.V.systems
This thread is actually pretty cool.

And that post was actually pretty useful.

On-topic:

legendster: That is correct. Bitcoins per block (excepting transaction fees, which are still fairly negligible) and block generation time are fixed, so your dividends should be proportional to whatever percentage of the network ASICMiner controls at the given time. If their rate of growth is slower than the network's overall rate, dividends will go down.

Acknowledged.

& I am Cool Smiley
hero member
Activity: 560
Merit: 500
Ad astra.
This thread is actually pretty cool.

And that post was actually pretty useful.

On-topic:

legendster: That is correct. Bitcoins per block (excepting transaction fees, which are still fairly negligible) and block generation time are fixed, so your dividends should be proportional to whatever percentage of the network ASICMiner controls at the given time. If their rate of growth is slower than the network's overall rate, dividends will go down.
hero member
Activity: 756
Merit: 522
This thread is actually pretty cool.
hero member
Activity: 1778
Merit: 764
www.V.systems
The dividend rate changes relative to how much BTC is mined overall.

So it rather decreases instead of increasing ? because the more are the miners the less are the returns per share right ?
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
The dividend rate changes relative to how much BTC is mined overall.
hero member
Activity: 1778
Merit: 764
www.V.systems
1. You sign up: https://btct.co/register
2. You deposit BTC funds.
3. You buy ASICMINER-PT shares: https://btct.co/security/ASICMINER-PT
4. You get paid dividends every Wednesday (currently I think around 0.006 BTC per share).
Dividends payout goes straight into your btct.co account, you can withdraw or buy new shares with your dividends.

Thank you.

So no matter what quantity of the shares I buy all of them will yield 0.006 at a constant rate every week ?
hero member
Activity: 700
Merit: 500
1. You sign up: https://btct.co/register
2. You deposit BTC funds.
3. You buy ASICMINER-PT shares: https://btct.co/security/ASICMINER-PT
4. You get paid dividends every Wednesday (currently I think around 0.006 BTC per share).
Dividends payout goes straight into your btct.co account, you can withdraw or buy new shares with your dividends.
hero member
Activity: 1778
Merit: 764
www.V.systems
Simple question, looking for complete & complicated answers.. Can someone please explain how btct.co works ?

please dont be a troll & just reply
Quote
'yes'

I am really interested in how one can buy ASICMINER shares there .. what re the returns / profits etc etc ...
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