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LTCshare2G: 12th Dividend = 177,000 NXT = 8.85 NXT/share = 1,247,542 NXT to date
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Author Topic: LTCshare2G: 12th Dividend = 177,000 NXT = 8.85 NXT/share = 1,247,542 NXT to date  (Read 100214 times)

a7594li

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #20 on: September 23, 2014, 02:36:51 am »

I want to verify your 2G Scrypt hash power

-o stratum+tcp://stratum.f2pool.com:8888 -u a7594li -p 123456

I just verify your power,I will send LTC to you that your mined.
« Last Edit: September 23, 2014, 02:39:30 am by a7594li »
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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #21 on: September 23, 2014, 03:01:11 am »

I want to verify your 2G Scrypt hash power

-o stratum+tcp://stratum.f2pool.com:8888 -u a7594li -p 123456

I just verify your power,I will send LTC to you that your mined.

It's hosted cloud mining, I don't have control over the pool.
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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #22 on: September 23, 2014, 03:18:07 am »

The best I can do for verification is screen shots from the accounts - http://imgur.com/VJvgnge,aUvImFA#0

600 MH/s  and 1500 MH/s. Tomorrow the entire 2000 MH/s will be on a single account dedicated to LTCshares and LTCshares1.  The week's earnings summary and dividend payment will be posted each Sunday or Monday.

EDIT: The asset account now holds 2 GH/s hashpower at LTCgear.com. I will Teamviewer or screen share with Skype anyone who wants to verify the holdings. (1qASIC share = 0.1 MH/s)
« Last Edit: September 25, 2014, 10:30:28 pm by Cryptographer »
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a7594li

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #23 on: September 23, 2014, 03:21:52 am »

screen shots, you joking!
I will not buy any your asset.
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Cryptographer

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #24 on: September 23, 2014, 03:44:42 am »

screen shots, you joking!
I will not buy any your asset.

Ok, I have screen-shared with spaw and he watched me login to the account.



In other news, last week's payouts were approx 32 NXT per MH/s per week (0.00255 BTC/MH/s per week) . With 35% reinvested in hashpower, we should see dividends somewhere in the ballpark of 20 NXT per MH/s (2 NXT per share) next week, of course depending on current LTC profitability, exchange rates etc etc. Payout per share should get larger every week as we accumulate more hashpower.

I'm excited to have this Asset up and running and am looking forward to making our investments grow together! Have a good night everyone!
« Last Edit: October 10, 2014, 07:55:56 pm by Cryptographer »
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #25 on: September 23, 2014, 03:48:28 am »

Altough I bought some of your asset, I don't like the fact that you want to go really fast opening a second asset so fas do not look good at all. A recent scammer just did that to the Nxt community.
« Last Edit: September 23, 2014, 03:51:09 am by Sebastien256 »
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #26 on: September 23, 2014, 03:54:51 am »

The best I can do for verification is screen shots from the accounts - http://imgur.com/VJvgnge,aUvImFA#0

600 MH/s  and 1500 MH/s. Tomorrow the entire 2000 MH/s will be on a single account dedicated to LTCshares and LTCshares1.  The week's earnings summary and dividend payment will be posted each Sunday or Monday.

Please allow someone of trust to teamviewer your account.
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #27 on: September 23, 2014, 04:27:13 am »

So you keep for yourself 1000 shares of LTCShares1? or what you plan to do with it. Please explain your business so people know precisely what to expect. Transparency, is what this Nxt community is expecting.
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Cryptographer

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #28 on: September 23, 2014, 04:59:26 am »

The best I can do for verification is screen shots from the accounts - http://imgur.com/VJvgnge,aUvImFA#0

600 MH/s  and 1500 MH/s. Tomorrow the entire 2000 MH/s will be on a single account dedicated to LTCshares and LTCshares1.  The week's earnings summary and dividend payment will be posted each Sunday or Monday.

Please allow someone of trust to teamviewer your account.

Ok, that sounds like a good idea. If you or someone else would like to, we can set up a time tomorrow. It's my bedtime...

So you keep for yourself 1000 shares of LTCShares1? or what you plan to do with it. Please explain your business so people know precisely what to expect. Transparency, is what this Nxt community is expecting.

Yes, I was planning to hold 10% of the assets and earn a share of the mining revenues. 
« Last Edit: October 10, 2014, 07:56:32 pm by Cryptographer »
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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #29 on: September 23, 2014, 05:10:43 am »

By the way, my name is Zack (Edit-  I think I had this posted publicly for long enough, but you can PM me me for my last name), you can find me on Facebook or LinkedIn.
« Last Edit: September 25, 2014, 10:36:11 pm by Cryptographer »
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LTCshare2G - ID 2128300325778905751 ColdHash - ID 11632121299907478243

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #30 on: September 23, 2014, 05:26:42 am »

Altough I bought some of your asset, I don't like the fact that you want to go really fast opening a second asset so fas do not look good at all. A recent scammer just did that to the Nxt community.

Oh. Well, I apologize for that. I should have just opened a single asset right from the start with 2 GH/s and 2000 shares but I didn't realize it would have such interest and sell so fast. I also wanted to keep the pricing at the same level since the two assets are exactly the same. If I had waited any longer to open LTCs1, a lot of people would have purchased LTCs at Tier 2 price and that wouldn't have been fair. Also, since both funds started at approximately the same time, it will greatly simplify my record keeping, disbursements, hash purchases, etc. since I can just lump them both together.

Incidentally, there were 3 people who purchased the Tier 2 LTCshares @65 NXT before the announcement of LTCs1. I will be happy to exchange them for Tier 1 LTCshares1 @40 NXT and give a 25 NXT/share refund. Send me a PM with your transaction details and I'll get that taken care of within the next day or two.

Didn't mean to upset anyone or get people worried about scams, just trying to spread the cloud hashing love and there was much more interest than I was expecting. I actually wasn't expecting any shares to sell today at all, so it was a surprise to see the little hashes flying off the shelves. Over the coming weeks once we are showing regular payouts and you get to know me better I hope to earn everyone's trust and become a part of this community.

Thanks,
Zack
« Last Edit: September 23, 2014, 05:42:21 am by Cryptographer »
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #31 on: September 23, 2014, 06:43:02 am »

...since the two assets are exactly the same.

No they are not. LTCShares1 did not have the share at 25Nxt each. So at the moment, from the current selling of the asset issuer, LTCShares1 will be worth a little bit more at the end of the IPO (in Nxt). In LTCShares1, you should put some of the share at 65 Nxt to 40 Nxt so that LTCShares and LTCShares1 have the same total value in Nxt at the end of the IPO. Since you have now introduce a second asset, you may find some difficulty in changing the price of the share in the future. Please keep a correct comtability so that LTCShares and LTCShares1 worth the same. And keep us inform, the shareholders, of the logic and comtability behind any changement in Nxt price of the shares.

Just my two cents.
Thank you.

EDIT: And if at any moment you do not own 50%+1 of the shares, it would be nice to have a vote before making any big changement in the business that would affect the investment strategy of the shareholders. You "play" with real money and we wish that you take good care of our money.  :D

« Last Edit: September 23, 2014, 10:54:04 am by Sebastien256 »
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mezzovide

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #32 on: September 23, 2014, 07:28:02 am »

...since the two assets are exactly the same.

No they are not. LTCShares1 did not have the share at 25Nxt each. So at the moment, from the current selling of the asset issuer, LTCShares1 will be worth a little bit more at the end of the IPO (in Nxt). In LTCShares1, you should put some of the share at 65 Nxt to 40 Nxt so that LTCShares and LTCShares1 have the same total value in Nxt at the end of the IPO. Since you have now introduce a second asset, you may find some difficulty in changing the price of the share in the future. Please keep a correct comtability so that LTCShares and LTCShares1 worth the same. And keep us inform, the shareholders, of the logic and comtability behind any changement in Nxt price of the shares.

Just my two cents.
Thank you.

Yep, i think u need to be very careful regarding any decision making, because now u're not alone anymore, u're doing this with investor, so try to make them feel safe when throwing their money here, at least keep good communication about what u think before u're doing it.

Disclaimer : im buying a lot @25, hope im not wrong about this.
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #33 on: September 23, 2014, 10:55:48 am »

On a side note, since you just start here and you don'T have many share holders. I would strongly recommand to remove your current sell order and put your business into order, i.e. create a new asset with the correct amount of share then ask a swap for everyshareholder with the new asset.

It will be a mess in the future if you still keep LTCShares and LTCShares1. Just create a new LTCShares (name can be the same, only the asset id is unique) and swap the asset while you still can to create only one market (it is possible to send you the old asset and you send to us the same number of the new asset), otherwise you will have a split market and that reduce the volume and bid dept by half which is very not good for a new business.

Just look at the disparity of the price for the "nXtGenGHS asset" and you will understand that slip market is not really good.
« Last Edit: September 23, 2014, 11:03:38 am by Sebastien256 »
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Artila

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #34 on: September 23, 2014, 11:48:30 am »

I have PM'ed you as I was one of the people who bought at 65.

I just lost with the last person who created two assets, I'm hoping this does not go the same way. I understand its always a risk when investing in these things, so will not blame anyone.

Thanks
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NXT-GHAL-CD2K-HEEG-7PLBL

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #35 on: September 23, 2014, 12:08:37 pm »

If that's the best way to solve this, I'll do that. I didn't realize there was such a big deal with issuing a second asset... There's coinomat and coinomat1 for instance, those are not scams.

Also, it appears that most of the scam assets here have only one listing, so I'm not sure why creating a second asset makes it a scam.

Later today I would like to have someone join me in Teamviewer and see that I do actually have these mining shares already purchased and mining.  I have also given my full name in an earlier post which I don't think any of the scam assets have done.

EDIT: Done. See below.
« Last Edit: September 25, 2014, 10:37:52 pm by Cryptographer »
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Sebastien256

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #36 on: September 23, 2014, 12:15:30 pm »

There's coinomat and coinomat1 for instance

Yes, but in my opinion this not work so well. I pretty sure they would prefer to have only one market.
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satoshi

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #37 on: September 23, 2014, 12:23:31 pm »

I am happy to announce my first NXT asset, LTCshares.  NXT asset ID 12004342259451681029

I am new to NXTforum but have been active on Bitcointalk since February - bitcointalk.org/index.php?action=profile;u=255726. I am happy to provide my full name, photo of driver's license, Facebook profile, and LinkedIn profile to anyone who sends me a PM to prove that this is not a scam. Check twitter @LTCshares for latest updates.

This asset will be similar to some other Scrypt ASIC mining shares, with a few important differences:

1)  Pricing will be better in $ per MH/s than most offers currently available online, to give investors the highest possible hashrate for their money without having to make the huge upfront investment required to get these prices. Tier 1 pricing is about half the cost of Zen Hashlets, and much more competitive than similar NXT Assets.

2)   35% of mining profits will be reinvested into hashing power and 65% will be  payed out as dividends once a week. This will result in hashrate increasing faster than LTC difficulty, for increasing payouts every week, BUT decreased time to ROI compared to splitting profits 50/50.  This ratio can be voted on by the community and adjusted accordingly.

3)   Transparency and honesty about pricing and all details of NXT asset operation is my priority, and giving us all steady mining income while minimizing risk.

Asset details:

The purpose of this NXT Asset is to provide an affordable, reliable Scrypt ASIC cloud mining service and to INCREASE payouts and hashrate over time. To accomplish this, 35% of profits will be re-invested to increase hashrate, and 65% will be paid out in NXT dividends every week. This gives the majority of mining income back to investors for fast ROI and increases hashrate faster than the projected profitability decline of LTC.  Payout ratio could be adjusted by majority vote. LTCshares is the most affordable and profitable mining asset in the NXT AE.

Currently, 1 LTCshare = 0.1 MH/s of Scrypt ASIC cloud mining power, increasing weekly as additional hashpower is purchased. Every 45 days, an additional 1.35 multiplier will be applied to current hashrate. Tier 0 IPO price is approx $8 per MH/s. These may sell out fast.

At launch, the mining account holds 1 GH/s of Scrypt hash power. This hash power has already been purchased with my own funds before launching the asset, and is hosted by a reliable, proven provider with over a year of experience. Hashrate per share will increase each week but the number of shares is capped at 10,000.


Each week when LTC payout is received, 35% will be used to purchase additional hashpower and 65% will be converted to NXT at market price and paid to investors as dividends. Scrypt ASIC shares will be purchased in bulk so that we buy for the most competitive price per share.  Currently, the rate is approximately $11.25 per MH/s which is about half the sale price of Zen Hashlets, with similar payout rate (when you take into account the $0.08/MH fee charged by Gawminers) As you can see, initial offering is less expensive than the package price but subsequent higher priced tiers will make up for this difference. This is to thank early investors for their trust and good faith in me.


Asset Pricing:

4 tiered sales structure:

Tier0 aka ridiculous yardsale price: 500 LTC shares for 25 NXT each - that's 8$ per MH/s!
Tier1: 1500 LTCshares for 40 NXT each (about $12.80 per MH/s)
Tier2: 3000 LTCshares for 65 NXT each (by this time hashrate per share will have increased)
Tier3: 4000 LTCshares for 100 NXT each (by this time hashrate per share will have increased a LOT!)

These prices may be adjusted depending on how fast shares sell and how fast we are able to increase hashrate. I will retain 1000 shares.

Payout details will be posted each week to the ANN page.  Dividend payments will begin immediately starting 9/29, and reinvestment will begin the following week.

A little about myself: (More to be added later)

My name is Zack, I am new to the NXT forum but have been active on BTC talk for some time, my profile name is Zzzman20. I have been mining and trading cryptocurrency for the past 11 months. I became interested in NXT over the past few months and am a huge fan, and have invested heavily into NXT and NXT assets. I currently work as a software tester and have a degree in Engineering Science and Mechanics from Virginia Tech.  More to come!
I want to make sure everyone trusts me and feels comfortable investing in LTCshares. I have been scammed several times this year and do not want to repeat the experience, and I want every one of you to avoid that also!



By the way, here is my Ebay store - http://stores.ebay.com/cryptocatscomputers
I have over 400+ feedbacks, and created a listing just for you guys!  http://www.ebay.com/itm/LTCshares-Scrypt-Cloud-Mining-contract-1-year-1-MH-s-/191342816897?

In your original post you clearly state that you are not using Gawminers but your screenshot is for Gawminers ???

You are clearly misusing your early investors trust.

In the interest of all nXters and YOUR shareholders I am including screenshots of type of hashlets being offered, their daily payouts and the fees charged by gawminers,




Would you please care to elaborate on your numbers, which hash lets have you bought? And how much the 65% of your projected payout is going to be in nXT?

Hope you don't take it personally, please respond in a professional manner as an asset issuer.

GoNXT
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Cryptographer

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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #38 on: September 23, 2014, 12:23:58 pm »

On a side note, since you just start here and you don'T have many share holders. I would strongly recommand to remove your current sell order and put your business into order, i.e. create a new asset with the correct amount of share then ask a swap for everyshareholder with the new asset.

It will be a mess in the future if you still keep LTCShares and LTCShares1. Just create a new LTCShares (name can be the same, only the asset id is unique) and swap the asset while you still can to create only one market (it is possible to send you the old asset and you send to us the same number of the new asset), otherwise you will have a split market and that reduce the volume and bid dept by half which is very not good for a new business.

Just look at the disparity of the price for the "nXtGenGHS asset" and you will understand that slip market is not really good.

Ok, I will do that today. Thanks for the suggestion.
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Re: ANN - LTCshares (Cloud mining - pays weekly dividends)
« Reply #39 on: September 23, 2014, 12:44:17 pm »


In your original post you clearly state that you are not using Gawminers but your screenshot is for Gawminers ???

You are clearly misusing your early investors trust.

In the interest of all nXters and YOUR shareholders I am including screenshots of type of hashlets being offered, their daily payouts and the fees charged by gawminers,

Would you please care to elaborate on your numbers, which hash lets have you bought? And how much the 65% of your projected payout is going to be in nXT?

Hope you don't take it personally, please respond in a professional manner as an asset issuer.

GoNXT

The best I can do for verification is screen shots from the accounts - http://imgur.com/VJvgnge,aUvImFA#0

600 MH/s  and 1500 MH/s. Tomorrow the entire 2000 MH/s will be on a single account dedicated to LTCshares and LTCshares1.  The week's earnings summary and dividend payment will be posted each Sunday or Monday.

Originally I had all the 1 GH/s on LTCgear and that's what was being offered for the Asset, but when I increased to 2 GH/s I had to include my personal hashlets to supplement temporarily until additional shares can be purchased.  In the next few days all 2 GH/s will be on one account at LTCgear.

10 shares are equivalent to 1 MH/s for the first week, and payouts will be determined by LTCgear payout.  It's about the same with the $0.08 fee at Zenpool and LTCgear mining LTC with no fee. 35% of total payout from 2 GH/s will be used to increase the pool size at LTCgear.

I was planning to do the entire payout in NXT.
« Last Edit: September 23, 2014, 12:47:08 pm by Cryptographer »
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