Topic: Omicron - Dividend-Issuing Currency - Sixth dividends issued: 437 sats/OMC - page 24. (Read 55386 times)
September 23, 2016, 02:26:38 AM
and the wallet says it is staking, though not synced
September 23, 2016, 02:07:08 AM
wallet not syncing. block explorer stopped at block 2032. and wallet downloaded all 2032 blocks, so it's not the wallet i guess
September 23, 2016, 12:20:07 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?
That is what I was exactly thinking. Since there are at most 2m coins sold (calculating that someone sold below 12k satoshi) the dividend share should be more than targeted 0.00001%. I think we can be sure when Adam presents the final numbers. But this should be true.
September 22, 2016, 10:55:36 PM
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?
September 22, 2016, 10:12:58 PM
I feel that we should invest everything in trading since is the most profitably option here. Besides look what happened w/ bitfinex, people that loaned the btc for margin trading ended loosing alot after the hacking and they were earning too little btc for the type of risk they were taking. Maybe gladimor can clarify where does he loan the btc? If is in an exchange i would prefer that he use those btc to buy altcoins. what u guys think?
Trading is not really as black and white as it seems. I am not an "invincible" trader, I am as susceptible to faults as any other trader. I would like to cut down on the impact if anything wrong were to happen by spreading the funds in areas where risk is considered relatively low.
September 22, 2016, 09:52:19 PM
I feel that we should invest everything in trading since is the most profitably option here.
Generally, I very much agree. But... Is that trading all in is practically doable for Adam? Maybe there is too much capital already to put all into trading. My little understanding of trading tells me that there are limits. One can do day trading strategies with 1 - 1000 K, but above that capital one must park that superfluous money in long term investments. Time also is not unlimited. I certainly do not wish to overextend Adam. So I speculate there may be such a reason why Adam structured this coin as is.Besides look what happened w/ bitfinex, people that loaned the btc for margin trading ended loosing alot after the hacking and they were earning too little btc for the type of risk they were taking.
I very much agree. The risk / benefit ratio really is not worth using lending on exchanges. However, I accepted the offer as originally described.If is in an exchange i would prefer that he use those btc to buy altcoins. what u guys think?
Should be up to Adam only. Really should not become a popular vote. September 22, 2016, 09:49:22 PM
"Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks" U just need to multiply that 4 ur coins and u will know how much u get.
Scenario A:
121BTC assets
John has 10,000 OMC
50BTC is traded and 50BTC is lent.
Gladimor scores a nice 50% profit on those 50BTC = Net 25BTC profit. (10,000*0.00001)
John gets .1 PERCENT of 25BTC (0.0250btc) at the end of the two week period + whatever interest the loan yields.
Does my math check out?
Does the following help?
In a nutshell, I need to buy 10.000 OMC in this ICO so I will be getting BTC dividend. That is ~ 1,2 BTC... Once I am invested... What will be my approximate profit? How much BTC biweekly can be expected?
On the current lending rates, you are looking at a basic of 0.67% of principle, biweekly. That is just for the lending interest considering half of the capital is locked for loans. The variable rate will of course, be variable, and I cannot give you an exact number because it is altcoin trading. Based on my past performance of my trading service in Delta Investments, I can say that the average should be around 10% biweekly from altcoin trading if half the capital is used for trading. So the total biweekly return would be ~10.67%. This is just a statistical number, and will of course be different every 2 weeks.
ahh thanks.. yeah I missed that reply.
September 22, 2016, 09:36:36 PM
Dividend registration page has been fixed. Sorry about that.
September 22, 2016, 09:21:59 PM
"Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks" U just need to multiply that 4 ur coins and u will know how much u get.
Scenario A:
121BTC assets
John has 10,000 OMC
50BTC is traded and 50BTC is lent.
Gladimor scores a nice 50% profit on those 50BTC = Net 25BTC profit. (10,000*0.00001)
John gets .1 PERCENT of 25BTC (0.0250btc) at the end of the two week period + whatever interest the loan yields.
Does my math check out?
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.
September 22, 2016, 09:18:41 PM
I feel that we should invest everything in trading since is the most profitably option here. Besides look what happened w/ bitfinex, people that loaned the btc for margin trading ended loosing alot after the hacking and they were earning too little btc for the type of risk they were taking. Maybe gladimor can clarify where does he loan the btc? If is in an exchange i would prefer that he use those btc to buy altcoins. what u guys think?
September 22, 2016, 08:14:36 PM
"Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks" U just need to multiply that 4 ur coins and u will know how much u get.
Scenario A:
121BTC assets
John has 10,000 OMC
50BTC is traded and 50BTC is lent.
Gladimor scores a nice 50% profit on those 50BTC = Net 25BTC profit. (10,000*0.00001)
John gets .1 PERCENT of 25BTC (0.0250btc) at the end of the two week period + whatever interest the loan yields.
Does my math check out?
Does the following help?
In a nutshell, I need to buy 10.000 OMC in this ICO so I will be getting BTC dividend. That is ~ 1,2 BTC... Once I am invested... What will be my approximate profit? How much BTC biweekly can be expected?
On the current lending rates, you are looking at a basic of 0.67% of principle, biweekly. That is just for the lending interest considering half of the capital is locked for loans. The variable rate will of course, be variable, and I cannot give you an exact number because it is altcoin trading. Based on my past performance of my trading service in Delta Investments, I can say that the average should be around 10% biweekly from altcoin trading if half the capital is used for trading. So the total biweekly return would be ~10.67%. This is just a statistical number, and will of course be different every 2 weeks.
September 22, 2016, 07:01:33 PM
"Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks" U just need to multiply that 4 ur coins and u will know how much u get.
Scenario A:
121BTC assets
John has 10,000 OMC
50BTC is traded and 50BTC is lent.
Gladimor scores a nice 50% profit on those 50BTC = Net 25BTC profit. (10,000*0.00001)
John gets .1 PERCENT of 25BTC (0.0250btc) at the end of the two week period + whatever interest the loan yields.
Does my math check out?
September 22, 2016, 06:15:52 PM
"Biweekly dividends ensure that no matter the price of the asset, the asset owner always will receive a 0.00001% share of the dividend pool, per Omicron, every 2 weeks" U just need to multiply that 4 ur coins and u will know how much u get.
September 22, 2016, 06:06:37 PM
Suppose I collect that much OMICRON after a few weeks when ICO will be finished
ICO IS finished.then at that time I will have the opportunity to be able to get the dividends?
That is the point of this currency, yes, if you got 10000 OMC. September 22, 2016, 04:53:09 PM
What is next step sir? List this coin on exchanges, and complete the roapmap, is it correct?
Omicron was very recently listed on Yobit, although currently has next to no volume as IAO and swap distribution is halfway through.
https://yobit.net/en/trade/OMC/BTC
I want to know that if I buy OMICRON on Yobit and let them at that exchange then will I be able to get the dividends? How will that work for me if I buy your coins on exchange? Or only the participants of ICO using your older channel will get that benefit.
Doesn't matter where you buy them. As long as you are buying them and putting at least 10,000 omc in your wallet and share your BTC address you will be able to get dividends.
thanks for your details of info, and I have one another question. Suppose I collect that much OMICRON after a few weeks when ICO will be finished then at that time I will have the opportunity to be able to get the dividends?
September 22, 2016, 04:50:25 PM
The OMC input field is broken.
"Please include and @ in the e-mail address."
"Please include and @ in the e-mail address."
yeah same goes to me.
email address is required at field "Your OMC address"
Yup, same error. Ive sent the 0.01 omc tho. By the way, is it okey to leave the wallet staking? Since it stakes all the time balance can be seen lower than 10,000 omc time to time.
The actual balance shown by block explorer is always the same regardless of whether wallet is staking or not. Only the wallet itself locally shows the "balance" and "staking" coins separately. So this should not be a problem. Moreover I suppose those 10,000+ wallets should be left staking all the time, as they are the best candidates for securing the network...
There is one more interesting question - if someone owns 20,000 OMC, is it better for him to register two different addresses with 10,000 OMC each, or he can register a single address with 20,000 OMC and get the same dividents? In other words - are dividend payments equally distributed to each of the registered addresses, or they are distributed according to the number of coins at each address at the moment of dividend payment?
September 22, 2016, 03:53:47 PM
Can't stake yet, no Mac wallet. 
September 22, 2016, 03:43:27 PM
What is next step sir? List this coin on exchanges, and complete the roapmap, is it correct?
Omicron was very recently listed on Yobit, although currently has next to no volume as IAO and swap distribution is halfway through.
https://yobit.net/en/trade/OMC/BTC
Thanks for adding your coin to yobit. It is good news for me I do spend most time on Yobit and because of that for me trading on Yobit is convenient Now I will try to Buy your coins at there and hope it will increase to give me a huge benefit.
September 22, 2016, 03:20:40 PM
What is next step sir? List this coin on exchanges, and complete the roapmap, is it correct?
Omicron was very recently listed on Yobit, although currently has next to no volume as IAO and swap distribution is halfway through.
https://yobit.net/en/trade/OMC/BTC
That is a good news but I will suggest the developers that they also add their coin to a number of other (bigger) exchanges also. So that the trade will take place on a big scale and with that none of the smaller team will be able to dump the coin. Plus you will get more traders and investors to your coins with more exchanges.
September 22, 2016, 02:34:53 PM
I also want this coin to be in poloniex and bittrex as the trade at there are very good and it will be beneficial for me and for the coin, but at one place I saw a suggestion for a developer that adding coin to exchange before ICO complete is not good as with that the developer lose the control over the price, I think the developer of omicron should have to take it in consideration.
But, there is no need to worry about this for a POS altcoins as more people will be preferring to save more amount of Omciron to stake so that they will be gaining more instead of selling off it. I do not find any problems of getting dumped with recent listing out on yobit.Jump to: