Topic: Omicron - Dividend-Issuing Currency - Sixth dividends issued: 437 sats/OMC - page 23. (Read 55337 times)
September 25, 2016, 04:09:01 PM
Gladimor, is the distrubution phase done? It would be good if we could get some exact numbers regarding the safe premine address and how many coins sold. Thanks.
September 25, 2016, 12:36:06 PM
What is the approximate fair value of OMC? Any opinions?
- let's say if everything works out
- lets compare this with a stock company to perhaps make things simpler?
- let's say, you get a ~10,67 % biweekly dividend, that is 278 % / year
- and your stock increases 5 % per year
- on the other hand, we don't really have comparable fundamentals
- biweekly payments are great, since you can use that money for a nice interest on interest effect, invest it elsewhere or buy more OMC
Anyhow. This looks better than any stock on the stock market, right? And stocks which are the most similar to OMC in dividend, easily cost several hundred of dollars.
- let's say if everything works out
- lets compare this with a stock company to perhaps make things simpler?
- let's say, you get a ~10,67 % biweekly dividend, that is 278 % / year
- and your stock increases 5 % per year
- on the other hand, we don't really have comparable fundamentals
- biweekly payments are great, since you can use that money for a nice interest on interest effect, invest it elsewhere or buy more OMC
Anyhow. This looks better than any stock on the stock market, right? And stocks which are the most similar to OMC in dividend, easily cost several hundred of dollars.
September 25, 2016, 07:48:35 AM
However the difficulty rises, if one stakes all year, the profit will be 5% annually?
Yeah, in theory the amount of coins you have increases by %5 every year. However this theory depends on you holding your coins untouched and wallet open for a year. Every stake you get is calculated by this: the coins that got staked*0.05/365.
September 24, 2016, 10:49:44 AM
However the difficulty rises, if one stakes all year, the profit will be 5% annually?
September 24, 2016, 04:11:11 AM
After a 3 hour gap, new blocks are coming every few minutes.
Thank you, drays!
Thank you, drays!
The reason we are having gaps is because more people started to stake, diffuculty is rising fast so the new block retargeting takes some time. No worries.
September 23, 2016, 09:51:34 PM
After a 3 hour gap, new blocks are coming every few minutes.
Thank you, drays!
Thank you, drays!
September 23, 2016, 08:30:24 PM
Network stuck? Stuck at block 2762? https://chainz.cryptoid.info/omc/ says that is our last block.
My wallets are also at block 2762.
My wallet says "out of sync"?
Normally a new block came up every few minutes. Now stuck for more than two hours?
My wallets are also at block 2762.
My wallet says "out of sync"?
Normally a new block came up every few minutes. Now stuck for more than two hours?
September 23, 2016, 07:01:47 PM
I got a problem. I needed to sent that 0.01 OMC for dividend registration. The unwanted side effect was, that relevant fraction of my OMC was sent to a change address of mine.
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
I understand what you mean.
The form has changed.
You dont need to register your main OMC address.
Transaction ID of 0.01 OMC deposit and you BTC address are sufficient.
You are right, the form has changed, but I believe the concern of someone111 is still valid, because all hhis coins need to be at the address he registered, otherwise Gladimor cannot determine how many coins he has, and so cannot determine his share. Change address cannot be detected by Gladimor (he can see it in block explorer, but cannot know whether it is change address or for example a Yobit account address).
Thankfully the solution is easy. someone111, you need to re-send all your coins to the address you already registered. Next time you send any transaction, use "Coin Control" features, and explicitly specify the "Change address" to be your registered OMC address!! You will find that field as soon as you turn on teh Coin Control features and go to "Send" panel.
I always enable "Coin control" as soon as I install any wallet, as without that you have too little idea whats going on, and too little control over your funds and inputs. Keep it enabled!
September 23, 2016, 06:56:27 PM
So from the TXID, gladimor will figure out himself my main and my change OMC address?
September 23, 2016, 06:25:36 PM
I got a problem. I needed to sent that 0.01 OMC for dividend registration. The unwanted side effect was, that relevant fraction of my OMC was sent to a change address of mine.
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
Quote
Dividends
Omicron is the first dividend issuing cryptocurrency that will be bound to its own blockchain and will be able to be traded on exchanges.
How to receive dividends?
A minimum sum of 10,000 Omicron in a single address is required to receive bi-weekly dividends. On every-other Saturday on a random time, Bitcoin dividends will be issued to registered addresses with balances of over 10,000. This amount needs to be in the address at the time of dividend-issuance.
How to register an address?
Send 0.01 OMC to this address from the address you are using to receive dividends (verification purposes): 7DsgZ1iQdLm5PAHCTSMRvotjzd721EToXu
Fill out the form on the right to become a registered address on http://delta.investments/iao/
Every two weeks on Saturday, the address you registered will be scanned to identify the current balance, and dividends will be issued based on the amount of OMC (over 10,000 minimum).
I understand what you mean.
The form has changed.
You dont need to register your main OMC address.
Transaction ID of 0.01 OMC deposit and you BTC address are sufficient.
September 23, 2016, 05:10:02 PM
I got a problem. I needed to sent that 0.01 OMC for dividend registration. The unwanted side effect was, that relevant fraction of my OMC was sent to a change address of mine.
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
Obviously now I am only registered with my main OMC address that holds most, but not all of my OMC.
If I were to register that change address, the mess would spread. More change addresses.
How do I get out of this mess? How do I move back the coins to my main OMC address? Somehow use the coin control feature?
September 23, 2016, 05:09:04 PM
I think the number should be divided by registered addresses. So if 10 adresses submit, the profit should be shared among submitted addresses according to their balances in other words their shares (OMC they own).
That is correct. Dividends are split between registered addresses.
That is the best news I've heard recently. I'm sure there there won't be a lot of registered addresses in the beginning and we will be getting high profits in the beginning. Than people will jump on this hidden gem.
September 23, 2016, 04:58:22 PM
In other words, there is no incentive for multi accounting. If there was, that would be awful. Glad there is none.
September 23, 2016, 03:17:55 PM
I think the number should be divided by registered addresses. So if 10 adresses submit, the profit should be shared among submitted addresses according to their balances in other words their shares (OMC they own).
That is correct. Dividends are split between registered addresses.
September 23, 2016, 02:33:29 PM
I think the number should be divided by registered addresses. So if 10 adresses submit, the profit should be shared among submitted addresses according to their balances in other words their shares (OMC they own).
September 23, 2016, 01:11:40 PM
Considering 11.5 btc sent at 0.00009 price and 30-35 btc sent around 0.000105 price, I think we might be looking at something around 1,057,539 OMC sold through BTC. Plus the swapped coins (700,000 OMC) we should have a total asset number of +-%5 1,757,539 OMC which are going to get dividends from the profits made with the collected 121 BTC + sold swapped coins.
So those who have 10,000 omc should at least get +-%0.0056 profit share before Gladimor sells more coins to private investors, which will raise the amount of the funds thus lowering the profit shares of the holders.
Please confirm Gladimor. And a nice sheet that calculates how much coins were sold and the address with the unsold coins would be very nice for transparency as the address with most coins now has 6m and we are pretty sure no more than 2m should be in circulation.
So those who have 10,000 omc should at least get +-%0.0056 profit share before Gladimor sells more coins to private investors, which will raise the amount of the funds thus lowering the profit shares of the holders.
Please confirm Gladimor. And a nice sheet that calculates how much coins were sold and the address with the unsold coins would be very nice for transparency as the address with most coins now has 6m and we are pretty sure no more than 2m should be in circulation.
Good calculation, I suppose that makes 0.000056% per coin, which is 0.56% per share of 10,000 coins.
But there is one more question here: definitely not all coins will be used as shares (as not everyone has 10,000 OMC, and some people will probably not register their addresses, and may use coins for trading). So the question is: should the dividends be divided by the overall number of coins (+-%5 1,757,539 OMC, as you say), or only to number of coins at registered addresses?
September 23, 2016, 01:06:53 PM
I think the .1 percent of 25 is 0.25 . That's not a bad return atleast for me. Besides u still own the coins.
Nop, according to the math we have been taught in school, 0.1 percent of 25 makes 0.025. Its always that way, even when it comes to finances
September 23, 2016, 07:57:57 AM
Quote
the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks.
I think a very important part of the remaining OMC has been overlooked.
Out of 10M, 1,008,333 were sold for BTC (121 BTC / 0.00012000) + 700,000 for swaps. There are currently 8,291,666 OMC not sold which represent 83% of the dividend share.
I suppose that would be spread over all the current circulating OMC temporarily getting a much larger share than 0.00001% per OMC and decreasing as assets become active no?
Considering 11.5 btc sent at 0.00009 price and 30-35 btc sent around 0.000105 price, I think we might be looking at something around 1,057,539 OMC sold through BTC. Plus the swapped coins (700,000 OMC) we should have a total asset number of +-%5 1,757,539 OMC which are going to get dividends from the profits made with the collected 121 BTC + sold swapped coins.
So those who have 10,000 omc should at least get +-%0.0056 profit share before Gladimor sells more coins to private investors, which will raise the amount of the funds thus lowering the profit shares of the holders.
Please confirm Gladimor. And a nice sheet that calculates how much coins were sold and the address with the unsold coins would be very nice for transparency as the address with most coins now has 6m and we are pretty sure no more than 2m should be in circulation.
Your math looks accurate. Final distribution counts will be available soon.
September 23, 2016, 07:56:46 AM
Quote
the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks.
I think a very important part of the remaining OMC has been overlooked.
Out of 10M, 1,008,333 were sold for BTC (121 BTC / 0.00012000) + 700,000 for swaps. There are currently 8,291,666 OMC not sold which represent 83% of the dividend share.
I suppose that would be spread over all the current circulating OMC temporarily getting a much larger share than 0.00001% per OMC and decreasing as assets become active no?
Considering 11.5 btc sent at 0.00009 price and 30-35 btc sent around 0.000105 price, I think we might be looking at something around 1,057,539 OMC sold through BTC. Plus the swapped coins (700,000 OMC) we should have a total asset number of +-%5 1,757,539 OMC which are going to get dividends from the profits made with the collected 121 BTC + sold swapped coins.
So those who have 10,000 omc should at least get +-%0.0056 profit share before Gladimor sells more coins to private investors, which will raise the amount of the funds thus lowering the profit shares of the holders.
Please confirm Gladimor. And a nice sheet that calculates how much coins were sold and the address with the unsold coins would be very nice for transparency as the address with most coins now has 6m and we are pretty sure no more than 2m should be in circulation.
September 23, 2016, 05:59:47 AM
it's ok now
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