Ok, it’s time for payments. Like DANGER Coin, we had a few losses this week while I’m still getting a handle on everything. We did pretty well otherwise, and actually didn’t go too far in the red. If it wasn’t for the roughly $40 in losses we’d be up this week.
After some lessons learned and some minor successes, the overall value is down to 1.87btc, with .03btc sitting as pending withdrawals with reputable sites.
At Hashnest, we increased from .1btc to .1056 with some mining and some trading.
We’re still waiting for the payment from Stakeminers, but there’s .1btc sitting there, with .002btc to be sent.
We acquired a bunch of other colored coin assets, and are still awaiting confirmation for some payouts. There are also a couple of them that are waiting for the blockchain bloat to clear up before sending payouts, so those payouts aren’t included in the value.
We had a lot of successes in the HYIPs that were played, but we lost two days of earning capabilities because I’m not comfortable leaving the money in there while I’m not able to access it. I withdrew whatever I could before I left town, and logged on with my phone to do withdrawals over the weekend. There were a few small failures, though, which ate up the week’s earnings. We have found several good sites, however, and I’m confident that we’ll make up the losses quickly.
In order to determine the value and dividend amount, I’m adding up the amount of BTC Hashnest, Stakeminers, the GROW Earnings wallet, the HYIP wallet, and the main GROW wallet. I’m also adding in the BTC value of any HYIPS that are still in play, and any pending withdrawals. Finally, I’m adding in the purchase price of each of the other assets that we hold (the price we purchased at). Over the weeks, I’ll try to check and see what the going price is for the other assets, in order to be a little more accurate.
Anyway, with all that, I decreased it by the amounts that we lost in the HYIPS.
Value at the end of week 1 - 1.9btc
Since we decreased in value and there are no real gains to send dividends from, when we have a down week I’ll simply send dividends from 1% of the value. This way we still earn something, and still have the ability to grow the asset by not sending out too much. I hope this is adequate for everybody. Please let me know if you don’t agree with it, and I’ll be more than happy to buy your coins back at the cost you paid for them.
Dividend = .019btc / 200 coins = .000095 per coin.
PS: I’m sending the dividends in a little bit. I had somebody buy a couple coins from me, so I want to make sure they are transferred before sending the dividends out.