So I just realized that I miscalculated todays payout... I forgot that I did not need to deduct the percentage to re-invest because the remaining un-sold tokens already do that for me. Whoops. Another 27 satoshis per token are being sent out right now. The new price is actually 0.0000144 BTC per unit.
The LTB Network Forum
SPECULATE.XCP - Weekly Payouts!
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Posted on October 25, 2014 at 2:54 PM2 likes
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Posted on October 25, 2014 at 4:14 PM
@cryptonaut first weekly payment made with the full 100,000 tokens and re-investment in place. 0.045 BTC in income received, 61% reinvestment this week and 0.68 new BTC raised.
This week is actually probably going to be the cheapest week ever to purchase tokens. Price dropped a lot but from here on out it will pretty much always increase (along with the payouts) unless we lose a major source of dividends / income or something. If the rest of the tokens get bought up really fast at these low rates, I might have to issue some more to keep this going.
Cryptonaut, I'll invest a further 0.05 btc.
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Posted on October 30, 2014 at 7:54 AM
Too many tokens reduced the dividends.
Last Edited: October 30, 2014 at 7:54 AM1 like -
Posted on November 1, 2014 at 2:13 PM
@yampi Too many tokens reduced the dividends.
Imo, there is not too many tokens.
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Posted on November 2, 2014 at 1:43 AM
Looks like counterwallet is down for upgrades.. this weeks payment will have to wait until the morning (same goes for anyone that owns some EARNFREEBTC).
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Posted on November 2, 2014 at 11:21 AM
Is the purchase automatic, or do you do it manually?
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Posted on November 2, 2014 at 12:31 PM
@bitsol Is the purchase automatic, or do you do it manually?
I currently do it manually, but at some point it would be cool to setup some automation :p
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Posted on November 2, 2014 at 12:44 PM
Vennd news: "Please note we have only disabled one side of the XBTC gateway - you can still redeem your XBTC into BTC (minimum amounts still apply)! You are simply unable to exchange BTC into XBTC at this time and for the foreseeable future."
https://forums.counterparty.io/discussion/761/quick-buy-update-from-vennd-io
Looks like we need to change our payouts...
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Posted on November 2, 2014 at 12:53 PM
@markxmayer Vennd news: "Please note we have only disabled one side of the XBTC gateway - you can still redeem your XBTC into BTC (minimum amounts still apply)! You are simply unable to exchange BTC into XBTC at this time and for the foreseeable future."
https://forums.counterparty.io/discussion/761/quick-buy-update-from-vennd-io
Looks like we need to change our payouts...
hmm yikes, thats probably not good? any ideas on what should we do? might be time to setup a new payout token..
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Posted on November 2, 2014 at 2:02 PM
No ideas really. BTC would be easiest but the fees might be too much for smaller transactions. XCP? Your own token as you suggested? I'm with whatever you think and I am ok waiting on payouts until we come up with a good solution.
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