Does the discount awarded get added to your account or act as a separate layer for discounts against fees 
It will give you discounts towards their fees.
Topic: Flexcoin Payments went out (Read 2587 times)
It will give you discounts towards their fees.
Does the discount awarded get added to your account or act as a separate layer for discounts against fees
What bugs me the most in this thread is that he didn't even address my suggestions about transparency but he just ignored it..
If I was running a legit operation, I know I wouldn't do that.
If I was running a legit operation, I know I wouldn't do that.
mostly because I didn't see it... it's somewhat hard to keep track of reddit / bitcointalk / support tickets / flexcoin's twitter / flexcoin's facebook ... people leave us messages all over the place.
http://support.flexcoin.com is where responses come the quickest ... it AVERAGES about 2% for payments... HOWEVER that isn't promised or guaranteed.. due to the nature of how bitcoins are collected from transaction fees. if it's a good month, you might get 10% .. if it's a terrible month.. you might get .00001% .. it's completely depends on how people use it during those 4 weeks.
new payments are going out shortly for February's transactions.
What bugs me the most in this thread is that he didn't even address my suggestions about transparency but he just ignored it..
If I was running a legit operation, I know I wouldn't do that.
If I was running a legit operation, I know I wouldn't do that.
Correct, I deposited .68 right when they opened. I believe this is pretty much on par with bitscalper's payout, except it's being operated by a legitimate company who is not risking your funds. (They only make money / pay dividends based on inner-network transactions.)
bitscalper claims up to 5% per day. Also, don't forget that you pay 0.01 BTC (or 0.5%, if it's larger) to withdraw from flexcoin.
You're absolutely correct, going to have to eat my foot on that one. Still, I prefer the reputation that Flexcoin has to the anonymity of Bitscalper.
Correct, I deposited .68 right when they opened. I believe this is pretty much on par with bitscalper's payout, except it's being operated by a legitimate company who is not risking your funds. (They only make money / pay dividends based on inner-network transactions.)
bitscalper claims up to 5% per day. Also, don't forget that you pay 0.01 BTC (or 0.5%, if it's larger) to withdraw from flexcoin.
My math says total dividends are 0.01274115
Am I reading it right: you deposited 0.68btc in july?
If so, that is almost a 2% return in ~6months. Not too shabby. Criticism withdrawn. I wonder why flexcoin doesn't publicize these numbers better.
Am I reading it right: you deposited 0.68btc in july?
If so, that is almost a 2% return in ~6months. Not too shabby. Criticism withdrawn. I wonder why flexcoin doesn't publicize these numbers better.
Correct, I deposited .68 right when they opened. I believe this is pretty much on par with bitscalper's payout, except it's being operated by a legitimate company who is not risking your funds. (They only make money / pay dividends based on inner-network transactions.)
My math says total dividends are 0.01274115
Am I reading it right: you deposited 0.68btc in july?
If so, that is almost a 2% return in ~6months. Not too shabby. Criticism withdrawn. I wonder why flexcoin doesn't publicize these numbers better.
Am I reading it right: you deposited 0.68btc in july?
If so, that is almost a 2% return in ~6months. Not too shabby. Criticism withdrawn. I wonder why flexcoin doesn't publicize these numbers better.
Quote
Discount Payout:
70% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
http://www.flexcoin.com/?page_id=14870% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
I wonder what kind of fee volume flexcoin is making. I would guess returns are a fraction of 1%.
I've been a customer since he opened, here's what the historical payout looks like. You do the math.
Quote
Discount Payout:
70% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
http://www.flexcoin.com/?page_id=14870% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
I wonder what kind of fee volume flexcoin is making. I would guess returns are a fraction of 1%.
Im sure his rate of return has been stated multiple times. If you look at how his system works, its a great idea and viable.
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
I can't find it in this thread or on their site. Can you find it?
Quote
Discount Payout:
70% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
http://www.flexcoin.com/?page_id=148 70% of the fees collected are disbursed to the account holders as discount payments on any fees already paid or any potential future fees, based on the following formula…
(your account balance / total balance of all flexcoin accounts) * ((all fees collected – miner fees) * 0.7)
Im sure his rate of return has been stated multiple times. If you look at how his system works, its a great idea and viable.
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
I can't find it in this thread or on their site. Can you find it?
Im sure his rate of return has been stated multiple times. If you look at how his system works, its a great idea and viable.
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
People run a good system and others choose to knock it down, although I do agree a new thread isnt required xP
This is meaningless, and makes me continue to think your business is a joke.
I love the level of support people give for bitcoin businesses... lol!
What is the interest rate return that you distributed?
The nice thing about bitcoin is that you can secure them yourself without the need for a bank. You are trying to make a bitcoin bank, so unless you are returning a good rate, I don't see the point of your business.
And from the fact that you are not forthcoming with your rate of return, I am guessing it is not that impressive. Prove me wrong?
Maybe he's jealous? ^^
I am not even going to speculate.
This is meaningless, and makes me continue to think your business is a joke.
I love the level of support people give for bitcoin businesses... lol!
Maybe he's jealous? ^^
This is meaningless, and makes me continue to think your business is a joke.
I love the level of support people give for bitcoin businesses... lol!
Payments went out to flexcoin account holders today.
It was a somewhat larger payment than normal due to the higher levels of transactions.
It was a somewhat larger payment than normal due to the higher levels of transactions.
Is this really worthy of a new forum thread? Seems like something that should be sent in an e-mail to your customers.
Easy advertisement?
Payments went out to flexcoin account holders today.
It was a somewhat larger payment than normal due to the higher levels of transactions.
It was a somewhat larger payment than normal due to the higher levels of transactions.
Is this really worthy of a new forum thread? Seems like something that should be sent in an e-mail to your customers.
Payments went out to flexcoin account holders today.
It was a somewhat larger payment than normal due to the higher levels of transactions.
It was a somewhat larger payment than normal due to the higher levels of transactions.
Larger than normal? Does that mean 1BTC split 100 ways, up from 0.5BTC?
This is meaningless, and makes me continue to think your business is a joke.
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