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[Ann] [Coinex] Coinex.ir Exchange fund raising  
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #60 on: October 24, 2015, 06:04:38 am »

Coinex Report:               
               
Total Assets Sold:    36.58            
               
Current Portfolio Combination:               
               
Bitcoin:     0.00   BTC (1CoinExcJvvLEibPQ9F7WtVBXcPixv3CMV)         
Chinese Yen:   8,724.00   CNY         
Iranian Rial:   356,727,316   IRR  ≃   65,454.55   CNY   
American Dollar:    0.00   USD ≃   0.00   CNY    
               
Total Portfolio ≃    74,178.55   CNY         
               
1 Bitcoin =    1810.28   CNY(Huobi) ≃    280.09   USD(Bitstamp)   
               
1 NXT =    0.00002550   BTC         
               
Each Asset now ≃    2,027.84   CNY ≃    1.1202   BTC ≃    43,929

Each Asset now(Minus Coinex costs) ≃    1,743.92   CNY
               
Each Asset at the start of period ≃    1,460.00   CNY         
               
Increase/Decrease:   +38.89%             
               
Description:               
I had very busy days! you check from our addresses that we hot lots of transactions these days. It's my pleasure to announce that our asset had +%38.89 in value. Considering half of this for Coinex team, +%19.44 will remain for asset holders at the end of month and I think it can be very good result at the end of October. Also we are ready for transferring New Assets that will inform it in next post.

« Last Edit: October 24, 2015, 06:22:48 am by sepehr »
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #61 on: October 24, 2015, 06:20:12 am »

Dear Asset holders,

We have issued the new asset CoineCNY:

Asset ID: 11063114819483618265

So please everybody transfer his/her asset to us at the following account:

NXT-XBVF-49V3-UYUS-2AZMQ

And we will transfer an amount of 1460 CoinexCNY Asset per Coinex Asset to corresponding NXT address.

Please specify any special orders in private message.

This month we had several migrations for the asset to find it's best shape.

Now we assume that we have a very good shape.

We stopped sell order on the NXT Asset exchange because lots of NXT price fluctuations. Please anybody wants to join us please PM me. and again we prefer you to pay in BTC.

Thanks,
Sepehr
« Last Edit: October 24, 2015, 06:24:10 am by sepehr »
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KarlKarlsson

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #62 on: October 24, 2015, 09:21:59 am »

Dear Asset holders,

We have issued the new asset CoineCNY:

Asset ID: 11063114819483618265

So please everybody transfer his/her asset to us at the following account:

NXT-XBVF-49V3-UYUS-2AZMQ

And we will transfer an amount of 1460 CoinexCNY Asset per Coinex Asset to corresponding NXT address.

Please specify any special orders in private message.

This month we had several migrations for the asset to find it's best shape.

Now we assume that we have a very good shape.

We stopped sell order on the NXT Asset exchange because lots of NXT price fluctuations. Please anybody wants to join us please PM me. and again we prefer you to pay in BTC.

Thanks,
Sepehr
So, how can I buy in as a non-investor as of now?
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #63 on: October 24, 2015, 10:04:42 am »

Dear Asset holders,

We have issued the new asset CoineCNY:

Asset ID: 11063114819483618265

So please everybody transfer his/her asset to us at the following account:

NXT-XBVF-49V3-UYUS-2AZMQ

And we will transfer an amount of 1460 CoinexCNY Asset per Coinex Asset to corresponding NXT address.

Please specify any special orders in private message.

This month we had several migrations for the asset to find it's best shape.

Now we assume that we have a very good shape.

We stopped sell order on the NXT Asset exchange because lots of NXT price fluctuations. Please anybody wants to join us please PM me. and again we prefer you to pay in BTC.

Thanks,
Sepehr
So, how can I buy in as a non-investor as of now?

You are most welcome. here it is:

Quote
New Investors:
Please send an amount equal to "Each Asset now" Value in last Coinex Report in this topic for each asset to our BTC address and ask us to transfer the Asset to your NXT Address Manually.

This amount is currently:

Quote
Each Asset now(Minus Coinex costs) ≃    1,743.92   CNY

As 1 Bitcoin ≃ 1820 CNY now please pay 1743.92/1820=0.9455 BTC per asset to our bitcoin address (1CoinExcJvvLEibPQ9F7WtVBXcPixv3CMV)
And let us have your NXT account.

Be sure that we prefer BTC.

But if you wish to pay in NXT I placed an AE sell order again of an amount of 37200 NXT per asset now on old asset:

Asset ID: 5922427150250194038

I hope that it helps.
« Last Edit: October 24, 2015, 10:10:34 am by sepehr »
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #64 on: October 24, 2015, 10:18:44 am »

Dear Asset holders,

We have issued the new asset CoineCNY:

Asset ID: 11063114819483618265

So please everybody transfer his/her asset to us at the following account:

NXT-XBVF-49V3-UYUS-2AZMQ

And we will transfer an amount of 1460 CoinexCNY Asset per Coinex Asset to corresponding NXT address.

Please specify any special orders in private message.

This month we had several migrations for the asset to find it's best shape.

Now we assume that we have a very good shape.

We stopped sell order on the NXT Asset exchange because lots of NXT price fluctuations. Please anybody wants to join us please PM me. and again we prefer you to pay in BTC.

Thanks,
Sepehr

I advise you to to the transition just after that you have sent the dividends for the following reasons.

-If someone buy asset CNYcoine @ 1 CNY, then early investors and you are screwed (NAV decrease).

-If someone buy asset CNYcoine @ 1.194 CNY (value with investor profits), then the NAV will decrease so early investors are screwed.

-If someone buy asset CNY coine @ 1.389 CNY, then NAV will not change but more shares are issued, you will get more profits (50%) but the new investors are screwed (which is acceptable at the beginigs of the month but not few day  before dividends.

What I advise, (maybe this is what you proposed but I did not get it) is:

Pay dividends to your current assetholders then accept to swap 1 coinex for 1460 CNYcoine (you can do it from now or for something more clear you can wait 1 week to wait the end of the month.

The main idea is to not accept new shareholders few days before releasing dividends, that would be unfair and messy.

By the way I cannot acces my wallet until tuesday...So I will not able to send you my assets before this day.
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #65 on: October 24, 2015, 10:42:38 am »

I advise you to to the transition just after that you have sent the dividends for the following reasons.

1-If someone buy asset CNYcoine @ 1 CNY, then early investors and you are screwed (NAV decrease).

I agree with you at this position. This is not fair.

2-If someone buy asset CNYcoine @ 1.194 CNY (value with investor profits), then the NAV will decrease so early investors are screwed.

But I don't agree with you at this stage. it's fair and no change in NAV and no screw for non of new investors and early investors. I think if we remove Coinex half benefit from NAV, then the NAV will not change by new investors joint.

3-If someone buy asset CNY coine @ 1.389 CNY, then NAV will not change but more shares are issued, you will get more profits (50%) but the new investors are screwed (which is acceptable at the beginigs of the month but not few day  before dividends.
I agree also that this is not fair. And this was the mistake I made for the last 6 Asset sold and then changed to 6.58.

So for three options above I think that option 1 and 3 are not fair but option 2 is fair(I added numbers) and we plan to accept new investors with that option before and after first day of each month.

Let me know if I missed something or you think I'm wrong, please. ???

Thanks,
Sepehr
« Last Edit: October 24, 2015, 10:46:33 am by sepehr »
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #66 on: October 24, 2015, 11:03:29 am »

I advise you to to the transition just after that you have sent the dividends for the following reasons.

1-If someone buy asset CNYcoine @ 1 CNY, then early investors and you are screwed (NAV decrease).

I agree with you at this position. This is not fair.

2-If someone buy asset CNYcoine @ 1.194 CNY (value with investor profits), then the NAV will decrease so early investors are screwed.

But I don't agree with you at this stage. it's fair and no change in NAV and no screw for non of new investors and early investors. I think if we remove Coinex half benefit from NAV, then the NAV will not change by new investors joint.

3-If someone buy asset CNY coine @ 1.389 CNY, then NAV will not change but more shares are issued, you will get more profits (50%) but the new investors are screwed (which is acceptable at the beginigs of the month but not few day  before dividends.
I agree also that this is not fair. And this was the mistake I made for the last 6 Asset sold and then changed to 6.58.

So for three options above I think that option 1 and 3 are not fair but option 2 is fair(I added numbers) and we plan to accept new investors with that option before and after first day of each month.

Let me know if I missed something or you think I'm wrong, please. ???

Thanks,
Sepehr

Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%

Let say there is 1000 asset (NAV currently at 1.39)

If one investor buy 1000 shares at 1.19, NAV will be at 1.29 but more shares will be emmitted , but on early investor side the NAV has decreased and they have the same number of shares, so they loose profit...

Case 1 (without new investor) : 1000*(1.39-1)*0.5 = 195 of profit (195 for you as well)

Case2 (with new investot @ 1.19) : 1000*(1.29-1)*0.5= 145 of profit (290 for you as there is twice more shares)

New investor should join at the begining of the month or later at  NAV price but at their own risk.

When an investor want to leave the asset he leaves either at price of the begining of the month or directly on the AE.

If you want investor can join the asset more often you should make weekly dividends.


« Last Edit: October 24, 2015, 11:11:25 am by marechou »
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #67 on: October 24, 2015, 11:15:17 am »


Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%


Please let me correct you first, the last equation should be corrected in my opinion like this:

Investor profit at each day of month = number of asset hold * (NAV at that day - NAV beg of month)

If you agree on this, that we remove our half benefit from NAV, then at each day of month NAV can be calculated as our report, and new investor can join at that amount without any change in benefits of other investors.

Also please pay attention that NAV at the start of each month is 1 CNY.
At the mid of month when for example NAV is 1.2 CNY, the new investor pay 1.2 CNY per asset to join, but he receives 1 asset per 1.2 CNY. It's also very important.
« Last Edit: October 24, 2015, 11:25:52 am by sepehr »
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KarlKarlsson

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #68 on: October 24, 2015, 11:16:19 am »

Is it still 1 Bitcoin minimum investment? I thought you changed that, didn't you?
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #69 on: October 24, 2015, 11:22:07 am »

Is it still 1 Bitcoin minimum investment? I thought you changed that, didn't you?
Yes, you can have less than that also and I will transfer the new asset to you from start.
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #70 on: October 24, 2015, 11:27:00 am »


Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%



Please let me correct you first, the last equation should be corrected in my opinion like this:

Investor profit at each day of month = number of asset hold * (NAV at that day - NAV beg of month)

If you agree on this, that we remove our half benefit from NAV, then at each day of month NAV can be calculated as our report, and new investor can join at that amount without any change in benefits of other investors.



It would be true if for exemple you would take 0 profit or if we consider that NAV is the price of the asset without your fees( your fess must be withdraw everyday then).

So everytime there is a transaction you have to split half of profits for you and the other half to increase the NAV,(which is not that good as you will have a bit less funds for your business, so you will buy back new asset for you ==> messy situation in my mind

By taking the profits at the end of the month and letting investors joining in the middle of the month this will create a big mess;

Check again my calculation you can see clearly there is an issue if you do like your proposal.

Edit: so yes if you withdraw your fees evryday it's working
« Last Edit: October 24, 2015, 11:31:10 am by marechou »
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #71 on: October 24, 2015, 11:33:09 am »


Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%



Please let me correct you first, the last equation should be corrected in my opinion like this:

Investor profit at each day of month = number of asset hold * (NAV at that day - NAV beg of month)

If you agree on this, that we remove our half benefit from NAV, then at each day of month NAV can be calculated as our report, and new investor can join at that amount without any change in benefits of other investors.



It would be true if for exemple you would take 0 profit or if we consider that NAV is the price of the asset without your fees( your fess must be withdraw everyday then).

So everytime there is a transaction you have to split half of profits for you and the other half to increase the NAV,(which is not that good as you will have a bit less funds for your business, so you will buy back new asset for you ==> messy situation in my mind

By taking the profits at the end of the month and letting investors joining in the middle of the month this will create a big mess;

Check again my calculation you can see clearly there is an issue if you do like your proposal.

Please pay attention to my these two sentences that I have added by edit that you may not see:

Also please pay attention that NAV at the start of each month is 1 CNY.
At the mid of month when for example NAV is 1.2 CNY, the new investor pay 1.2 CNY per asset to join, but he receives 1 asset per 1.2 CNY. It's also very important.

If that still not correct in your opinion, please give an example in detail with specified currencies. I'm sorry but I could not understand your example. Please complete it with detail in units.
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #72 on: October 24, 2015, 11:44:26 am »


Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%



Please let me correct you first, the last equation should be corrected in my opinion like this:

Investor profit at each day of month = number of asset hold * (NAV at that day - NAV beg of month)

If you agree on this, that we remove our half benefit from NAV, then at each day of month NAV can be calculated as our report, and new investor can join at that amount without any change in benefits of other investors.



It would be true if for exemple you would take 0 profit or if we consider that NAV is the price of the asset without your fees( your fess must be withdraw everyday then).

So everytime there is a transaction you have to split half of profits for you and the other half to increase the NAV,(which is not that good as you will have a bit less funds for your business, so you will buy back new asset for you ==> messy situation in my mind

By taking the profits at the end of the month and letting investors joining in the middle of the month this will create a big mess;

Check again my calculation you can see clearly there is an issue if you do like your proposal.

Please pay attention to my these two sentences that I have added by edit that you may not see:

Also please pay attention that NAV at the start of each month is 1 CNY.
At the mid of month when for example NAV is 1.2 CNY, the new investor pay 1.2 CNY per asset to join, but he receives 1 asset per 1.2 CNY. It's also very important.

If that still not correct in your opinion, please give an example in detail with specified currencies. I'm sorry but I could not understand your example. Please complete it with detail in units.

I do understand that when NAV rises at 1.2, new investor pay 1.2 CNY to get 1 asset.

I think the main problem is what is NAV?

Is NAV = total funds (including your fees) / number of shares ==> currently 1.39 CNY

or NAV = total  fund (excluding your fees) / number of shares ==> currently 1.19 CNY

Answer this then I will make the explanation as it will be be different regarding what we consider NAV.
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #73 on: October 24, 2015, 11:46:03 am »


Why option 2 is not fair:

Total asset value = NAV * number of assets
so NAV = Total asset value / number of asset
Investor profit = number of asset hold * (NAV end month - NAV beg of month) * 50%



Please let me correct you first, the last equation should be corrected in my opinion like this:

Investor profit at each day of month = number of asset hold * (NAV at that day - NAV beg of month)

If you agree on this, that we remove our half benefit from NAV, then at each day of month NAV can be calculated as our report, and new investor can join at that amount without any change in benefits of other investors.



It would be true if for exemple you would take 0 profit or if we consider that NAV is the price of the asset without your fees( your fess must be withdraw everyday then).

So everytime there is a transaction you have to split half of profits for you and the other half to increase the NAV,(which is not that good as you will have a bit less funds for your business, so you will buy back new asset for you ==> messy situation in my mind

By taking the profits at the end of the month and letting investors joining in the middle of the month this will create a big mess;

Check again my calculation you can see clearly there is an issue if you do like your proposal.

Please pay attention to my these two sentences that I have added by edit that you may not see:

Also please pay attention that NAV at the start of each month is 1 CNY.
At the mid of month when for example NAV is 1.2 CNY, the new investor pay 1.2 CNY per asset to join, but he receives 1 asset per 1.2 CNY. It's also very important.

If that still not correct in your opinion, please give an example in detail with specified currencies. I'm sorry but I could not understand your example. Please complete it with detail in units.

I do understand that when NAV rises at 1.2, new investor pay 1.2 CNY to get 1 asset.

I think the main problem is what is NAV?

Is NAV = total funds (including your fees) / number of shares ==> currently 1.39 CNY

or NAV = total  fund (excluding your fees) / number of shares ==> currently 1.19 CNY

Answer this then I will make the explanation as it will be be different regarding what we consider NAV.

I consider this:

NAV = total  fund (excluding your fees) / number of shares ==> currently 1.19 CNY
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #74 on: October 24, 2015, 11:49:13 am »

So if NAV is 1.19 CNY and you take your profits on daily basis then there is no problem.

The problem would come if you take your profits only at then end of the month.

So I advise you to just report the NAV (@1.19) and not the other one (@1.39).

Otherwise it would be unfair.

I give you an other exemple to understand better.

Right now the calculation for profits is:

(1.39-1)*number of shares*50%

If new investor arrives and buy asset @ 1.19 then the calculation will be for exemple (1.29-1)*number of shares*50% (which is not the same profit as the number of shares remain the same).

This would be the case if you take your profits at the end of the month.


Now if you only consider the NAV à 1.19 (just investor side).

The NAV does not change so profit neither ==> I am ok with this idea, but be carefull that you have to withdraw your profits everyday or before any new investment at least and not only at the end of the month.

I hope you understand the 2 different situation.

Are we agree on this?
« Last Edit: October 24, 2015, 12:58:15 pm by marechou »
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #75 on: October 24, 2015, 06:06:08 pm »

So if NAV is 1.19 CNY and you take your profits on daily basis then there is no problem.

The problem would come if you take your profits only at then end of the month.

So I advise you to just report the NAV (@1.19) and not the other one (@1.39).

Otherwise it would be unfair.

I give you an other exemple to understand better.

Right now the calculation for profits is:

(1.39-1)*number of shares*50%

If new investor arrives and buy asset @ 1.19 then the calculation will be for exemple (1.29-1)*number of shares*50% (which is not the same profit as the number of shares remain the same).

This would be the case if you take your profits at the end of the month.


Now if you only consider the NAV à 1.19 (just investor side).

The NAV does not change so profit neither ==> I am ok with this idea, but be carefull that you have to withdraw your profits everyday or before any new investment at least and not only at the end of the month.

I hope you understand the 2 different situation.

Are we agree on this?

I think we are almost agreed. Now a question. If I calculate the NAV  without our own half benefit and only publish that amount to avoid confusion, that I'm agree with you, then what can be wrong if we don't withdraw our own benefit daily, or before any new investment?

If you say it is not fair for coinex team I agree and I have no problem with it. But it should not have any effect on investors side! Yes?
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #76 on: October 24, 2015, 08:35:20 pm »

I will take some round numbers to give a clear exemple on what is wrong if you do not withdraw your profits everyday.

Let say there is 1 investor with 100 shares.

You have made some profit and your total portofolio is 200 CNY.

At the end of the month 50 CNY will go to him as profit and 50 to you as well.

Now let's imagine there is 1 new investor who buy 100 shares just before you release dividends.

He Will buy at NAV right? you said NAV would be 1.5 CNY on this case (as you do not count your own profits).

So he will own 100 shares and put 150 CNY in the portofolio ( total portofolio will be 200+150 CNY = 350 CNY)

When you wil send dividends the 1st investor will get the calculation of the profit at the end of the month (Number of asset * NAV end of month - NAV beg of month)

But what will be the NAV? For calculation you will take your whole portofolio (350 CNY / 200 shares = 1.75 (minus profits of 50% for you = 1.375 CNY))

So the NAV has reduced because you did not withdraw your fees before a new investor.


Now same situation but if you withdraw your fees before.

Your portofolio will be 150 CNY (from 1st investor) + 150 CNY from other investors = 300 CNY ==> NAV = 1.5 CNY so profits are the same for 1st investors.

Do you get my point now?
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #77 on: October 25, 2015, 08:01:19 am »

I will take some round numbers to give a clear exemple on what is wrong if you do not withdraw your profits everyday.

Let say there is 1 investor with 100 shares.

You have made some profit and your total portofolio is 200 CNY.

At the end of the month 50 CNY will go to him as profit and 50 to you as well.

Now let's imagine there is 1 new investor who buy 100 shares just before you release dividends.

He Will buy at NAV right? you said NAV would be 1.5 CNY on this case (as you do not count your own profits).

So he will own 100 shares and put 150 CNY in the portofolio ( total portofolio will be 200+150 CNY = 350 CNY)

When you wil send dividends the 1st investor will get the calculation of the profit at the end of the month (Number of asset * NAV end of month - NAV beg of month)

But what will be the NAV? For calculation you will take your whole portofolio (350 CNY / 200 shares = 1.75 (minus profits of 50% for you = 1.375 CNY))

So the NAV has reduced because you did not withdraw your fees before a new investor.


Now same situation but if you withdraw your fees before.

Your portofolio will be 150 CNY (from 1st investor) + 150 CNY from other investors = 300 CNY ==> NAV = 1.5 CNY so profits are the same for 1st investors.

Do you get my point now?

Yes! I got it! And thanks a lot for your persistence!  ;D

So overall results of the discussion above will be:

1- I stop publishing NAV including Coinex Charges, and publish only NAV excluding Coinex Charges, to avoid confusion.
2- I exclude Coinex charges from total portfolio also in Coinex Report.

In this case any new investor can join us at any time at the NAV price and it's fair for everybody.

Please confirm!  :-*
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marechou

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #78 on: October 25, 2015, 08:11:19 am »


Yes! I got it! And thanks a lot for your persistence!  ;D

So overall results of the discussion above will be:

1- I stop publishing NAV including Coinex Charges, and publish only NAV excluding Coinex Charges, to avoid confusion.
2- I exclude Coinex charges from total portfolio also in Coinex Report.

In this case any new investor can join us at any time at the NAV price and it's fair for everybody.

Please confirm!  :-*

Exactly, like this it's fair for everybody !
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sepehr

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Re: [Ann] [Coinex] Coinex.ir Exchange fund raising
« Reply #79 on: October 26, 2015, 10:00:38 am »

Coinex Report:                  
                  
Total Assets Sold:    36.58               
                  
Current Portfolio Combination:                  
                  
Bitcoin:     0.00   BTC (1CoinExcJvvLEibPQ9F7WtVBXcPixv3CMV)            
Chinese Yen:   123.00   CNY            
Iranian Rial:   406,116,940   IRR  ≃   74,516.87   CNY      
American Dollar:    0.00   USD ≃   0.00   CNY       
                  
Total Cash ≃    74,639.87   CNY            
                  
Coinex Charges:   10,616.53   CNY            
                  
Total Portfolio ≃    64,023.33   CNY            
                  
1 Bitcoin =    1851.89   CNY(Huobi) ≃    283.12   USD(Bitstamp)      
                  
1 NXT =    0.00002350   BTC            
                  
Each Asset now ≃    1,750.23   CNY ≃    0.9451   BTC ≃    40,217   NXT
                  
Each Asset at the start of period ≃    1,460.00   CNY            
                  
Increase/Decrease:   +19.88%                
                  
Description:                  
We calculated and removed Coinex Charges from total portfolio as agreed and from now on remove it from each report. Now we had +%19.88 net increase in our asset price that hopefully will be paid at the end of month. Thanks everybody for your support and I hope that we can continue this results. Also please transfer your asset to us ASAP, so that we can transfer new Asset to you. And also please spcify How you would like to receive your dividends (mgwBTC or CoinexCNY)? The default is yet mgwBTC.
« Last Edit: October 26, 2015, 10:02:57 am by sepehr »
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