Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 144. (Read 959523 times)

No fees for the one on Bitfunder:
https://bitfunder.com/asset/NastyFans#tab_description

No, you would have to own 105 shares to get same dividends as one seat, as 5% are fees (4% management, 1% donation back to nastyfans)

My question is: Do (or would I) get the same dividends by owning 100 shares or 1 seat?

I am generous to NastyFans because that's what I am, and that's who I care about.

This is really cool, but I'm wondering why you are being so generous. It looks like nearly all the the profits are being donated. Were some seats sold to organize/pay for this? If so, that's a really interesting diversification and another thing that is unique to the nastyfans group and would justify the extra donations to the fanclub.

I think a PT on Havelock would be great, since as far as I'm concerned it's the most respectable platform i know of. I would also be interested in trading seats on Havelock myself, but that might be slightly more complicated. Although I believe they recently deployed a share-import function there.

Things always cost more in smaller quantities.  You are also paying a premium to cover the exchange listing costs and the issuer's time spent.  I think in time, the price of a full seat will rise to meet the micro-share price.  At which point the micro-share prices will most likely rise.


UPDATE:
As you may have noticed, I've been spending a lot of time diversifying NASTY MINING and finding new donation sources outside of our typical mining operation.  Diversification has taken the form of obtaining assets on BitFunder, participating in group buys, developing new services, and even taking out a loan denominated in BTC.  Finding new donation sources outside our main operation is also important.  That is why I started a fee-free pass-thru on BitFunder and gave my blessing to Carnth to run a pass-thru on BTCT where 1% of all donations received are sent back to NastyFans.  This brings us to my latest fund raising effort.  On July 31st, I paid to have 1,000 NastyFans 1g silver coins made.  For each of these coins sold, BTC0.01 will be donated to NastyFans.  This is also a pilot program for a much larger and more exciting product, which will also have profits donated to NastyFans.  If you would like to help support this fundraiser for NastyFans and pick up some silver in the process, check out my thread in the Goods section:

[WTS] NastyFans 1g .999 Fine Silver Collector's Rounds (2013)

It is possible! 1000 more shares are being released as I type this. And if that's not enough, even more will be added.
Thanks for everyone for making the btct.co PT a success.


PS. How much interest is there for a PT on Havelock?

...well Carnth?

I don't see, how this would be possible. Or is it?

The real question is, why aren't there more seats being bought on Nastyfans, and sold on btct?

that's the power of btct exposure + lower entry price. I wonder why didn't PT exist before.

Why is the share price for the PT at btct so high (0.005) compared to the price of the full seat (0.33)?

WTG!

UPDATE:
We received another 60GH/s miner from BFL and it is currently hashing away.  Our local P2Pool is now showing an average rate of 345GH/s.

Distribution 251172 is complete. Thanks to our donators.

No.  I'm happy with our current pool setup.  That sounds cool though.

Update:
NastyFan Akka has donated a 5970 GPU to NASTY MINING.  This fills our GPU rig and I was able to get it running tonight.  After some thought, I decided to abandon FeatherCoin.  It appeared to be a less profitable clone of LTC, and I don't think we need to support it.  So we are now focusing our Scrypt mining on LiteCoin and NovaCoin.  The FTC we had mined is in the process of being exchanged for LTC.

At 500 it would likely never break even. Even at 400, there will probably be less than a 10% return.