Here is a quick evaluation of XXXProfit from my point of view, will update once dividends have been paid out:
http://cryptopickaxe.com/XXXProfit/
Topic: [XXXProfit] Original Post - page 8. (Read 24579 times)
Thanks so much! Your calculation is easy to understand and can be taken as textbooks.
I want to invest .3, could you make a conservative prediction that how much dividend I will get in the next period?
It depends on three factors: The site revenue from this period, the BTC/USD rate, and the total investment in the site. As revenue rises, dividends rise; as the BTC/USD rate rises, dividends fall, and as total investment rises, dividends (mostly fall).
There are currently 11.750 BTC invested, so your adding .3 would show a total of 12.05 BTC. These calculations assume that there won't be any more investment until the end of the period (which may still happen).
ABI has said that the first half of the period saw about $300 in revenue, lower than usual, so we'll assume that this will continue for the rest of the period, showing $600 total revenue (normally this amount is around $1,000, however).
$600 * 80% (since we're above the 10BTC threshhold) = $480.00 to be paid out to investors. The current Bitstamp rate (subject to change, obviously) is $809.00. $480 / $809 = .59332509 to be paid out to investors.
.59332509 BTC / 12050 shares = .0000492385
.0000492385 * 300 (your .3BTC = 300 shares) = .01477157, or a return of 4.923% for this period.
I want to invest .3, could you make a conservative prediction that how much dividend I will get in the next period?
any plans to get listed on cryptostocks?
It's not looking necessary. Over 10,000 of the 40,000 shares listed have been claimed. I would rather keep it internal if possible and since this is enough to get growth efforts well underway I will hold off for now.
Thanks
any plans to get listed on cryptostocks?
im interested, but u mention u own a couple of adult websites that generate you money. Would you be able to provide me with links to ur websites, i'd like to take a look and assess the fundamentals here, thanks!
Plus, unlike most BTC investments, you don't have to try and make all of your money back in 2-4 months because the high counterparty risk. This is an established business that's been around for a few years and I expect it to be around for at least a few more years, paying dividends as it goes.
This is not a "BTC investment". Shouldn't you be trying to sell hardware "pre-orders" to newborns somewhere?
Another 80 shares bought. TXID: 5e75a08e2db7e9589193bb82e0930ad36628b1f0821a431273022fba4220d0bd
I've had a few people ask me about it; I think it's a good investment for earlybirds because you see a sizable return (comparatively) in the short run.
Plus, unlike most BTC investments, you don't have to try and make all of your money back in 2-4 months because the high counterparty risk. This is an established business that's been around for a few years and I expect it to be around for at least a few more years, paying dividends as it goes.
Plus, unlike most BTC investments, you don't have to try and make all of your money back in 2-4 months because the high counterparty risk. This is an established business that's been around for a few years and I expect it to be around for at least a few more years, paying dividends as it goes.
What happens when all the initial investments have been returned? What will the rate of profit distrubution amount to at this time?
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
Once all investors have recouped their initial investment, the payments will return to 40% since the 40,000 investors's shares amount to 40% of the total shares (100,000).
I don't know if ABI is going to keep track of each individual's investments and when they make their money back, or if he'll keep paying out the 100% to all shares until the last investor recoups his initial investment. I'm assuming the former.
Currently 9.12BTC invested, so we're at 60% of revenue. This will bump up to 80% for this period if there's another .82 invested before Midnight PT on the 15th.
I think I'll be putting another .1BTC in at least just to see where this goes.
What happens when all the initial investments have been returned? What will the rate of profit distrubution amount to at this time?
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
Once all investors have recouped their initial investment, the payments will return to 40% since the 40,000 investors's shares amount to 40% of the total shares (100,000).
I don't know if ABI is going to keep track of each individual's investments and when they make their money back, or if he'll keep paying out the 100% to all shares until the last investor recoups his initial investment. I'm assuming the former.
Currently 9.12BTC invested, so we're at 60% of revenue. This will bump up to 80% for this period if there's another .82 invested before Midnight PT on the 15th.
What happens when all the initial investments have been returned? What will the rate of profit distrubution amount to at this time?
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
"50% To 100% Profit Distribution Until Initial Investments Are Returned"
What happens if we would like to pull out our investment?
You are free to transfer ownership without issue meaning no fees on this end within reason. If you want to sell them to someone else you can do so at any time, I will just need the new payment information and confirmation that you own the address that was used for the original payment.
Depending on the circumstances I might be able to help you cash them out more quickly if you are in desperate need of the BTC.
Are there still shares left for this project? I'm not getting messages from the owner.
Yes, my apologies. I have been dealing with code all day and on a laptop so I've tried not to open too many extra windows. I'll reply to your PM shortly.
@ABitInterested
Any way you can verify that we're not funding a kiddie porn site?
Any way you can verify that we're not funding a kiddie porn site?
It's completely legal content, I assure you. I've shared the site with a trusted member here and he has already commented in this thread. Hosted in the USA, nothing even remotely questionable there.
With that out of the way I may be a little slow responding for the next 24 hours. I am waist deep in templates and scripts and a few other things to start expanding the website where it will make more money. I will be pulling an all nighter and depending on progress may sleep in tomorrow. In any case, everything is looking great so hoping to see some increase in traffic and revenue starting in the immediate future.
Have a great day everyone.
I would be willing to buy a few more however I haven't heard back from ABitInterested about the shares I bought a few days ago.
My apologies, I saw your post when you made it but didn't realize you were waiting for confirmation. You definitely have your shares, the wallet used is public and will be the same one used throughout for receiving and sending payments so that everyone can verify what is going on.
As soon as shares are no longer available I will update this post to reflect that.
Thanks so much
I'm surprised you haven't sold all the shares yet. I think this is the best return rate in the forum right now.
I have no idea but I'm working to make it even better which is why I have been absent so much lately.
Thank you
Figure it would be nice to ask, and thanks for the verification. I read that you reviewed the site & didn't say anything about it so I assumed, yet it never hurts to ask.
Yikes, dude. Don't think I'd go slinging that around if you want any more investment in the site. ABI did show me the site when I was vetting it for my initial investment; I know he's keen to keep it under wraps, so he likely isn't going to just post the URL publicly. I can, however, say that the site is definitely public, legal, and very above-board.
@ABitInterested
Any way you can verify that we're not funding a kiddie porn site?
Any way you can verify that we're not funding a kiddie porn site?
Yikes, dude. Don't think I'd go slinging that around if you want any more investment in the site. ABI did show me the site when I was vetting it for my initial investment; I know he's keen to keep it under wraps, so he likely isn't going to just post the URL publicly. I can, however, say that the site is definitely public, legal, and very above-board.
@ABitInterested
Any way you can verify that we're not funding a kiddie porn site?
Any way you can verify that we're not funding a kiddie porn site?
Yikes, dude. Don't think I'd go slinging that around if you want any more investment in the site. ABI did show me the site when I was vetting it for my initial investment; I know he's keen to keep it under wraps, so he likely isn't going to just post the URL publicly. I can, however, say that the site is definitely public, legal, and very above-board.
@ABitInterested
Any way you can verify that we're not funding a kiddie porn site?
Any way you can verify that we're not funding a kiddie porn site?
I might own a few
; I figured I would ask none-the-less even though I assumed as much.There are still shares left; 7,357.2 shares have been sold out of the total of 40,000.
I've sent an email to ABI, hopefully he'll be around soon to answer the PMs and update earnings.
fsk141, I'm nearly positive that, like all BTC securities, there's an implicit "no refunds policy" here. How many shares do you have?
I've sent an email to ABI, hopefully he'll be around soon to answer the PMs and update earnings.
What happens if we would like to pull out our investment?
fsk141, I'm nearly positive that, like all BTC securities, there's an implicit "no refunds policy" here. How many shares do you have?
Jump to: