Nxt Forum

Nxt Discussion => Nxt Asset Exchange => Assets Board => Topic started by: Bitfinex_USD on July 22, 2014, 10:04:54 pm

Title: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on July 22, 2014, 10:04:54 pm
Hey guys, Bitfinex_USD here!

The asset will be dissolved. Please send your USDbitfnx to NXT-BQK9-UDGP-2Q97-49H3L to redeem the USDbitfnx for NXT or BTC. Include a msg with a BTC address or a NXT address. Deadline for redeeming is 31.12.2015.



Today I am presenting you the first USD asset on the NXT asset exchange, that will be backed by real USD deposited on bitfinex.com (https://www.bitfinex.com/?refcode=1NrFf6t4Nr). The USD will be used to provide liquidity for traders on bitfinex and will in return pay intrest. This interest will be distributed once every 2 weeks to the asset holders of USDbitfnx. Assets can be either bought on the NXT asset exchange or by contacting me and depositing BTC or NXT.



Details about the swap program of bitfinex, can be found here: www.bitfinex.com/pages/howitworks (http://www.bitfinex.com/pages/howitworks)
Stats about the historical rates of those swap agreements, can be found here: www.bfxdata.com/swapstats/usd.php (http://www.bfxdata.com/swapstats/usd.php)



Forum Administrator Damelon agreed to do an audit every once in a while, starting from the point we reach 10,000 USD in the bitfinex account (https://www.bitfinex.com/?refcode=1NrFf6t4Nr)! Thank you!

First AUDIT done: https://nxtforum.org/index.php?topic=3884.msg72567#msg72567

Second Audit done.



We have been added to coinist.co a coin and asset rating site. Please leave some constructive feedback of this asset here: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l



The spreadsheet is now online and I will try to update it daily

https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml



Name: USDbitfnx
Quantity: 5,000,000
Asset Decimals: 2
Asset ID: 10294386916428132892

Description: Each 1 USDbitfnx asset represents 1 USD deposited at [ur=https://www.bitfinex.com/?refcode=1NrFf6t4Nrl]bitfinex.com[/url] . The USD deposited at bitfinex will be used to provide liquidity to margin traders that pay a fee for that service. This interest is paid daily into our account and is currently hovering at about 0.16% per day(~60% yearly return). This dividend will be distributed proportionally to USDbitfnx holders every two weeks. Details about fees, risks and how to deposit, can be found in this thread on nxtforum.org: https://nxtforum.org/index.php?topic=3884.0 (https://nxtforum.org/index.php?topic=3884.0)



Bitfinex USD Asset
Promoter(s)
Bitfinex_USD
What is it?
Each 1 USDbitfnx asset represents 1 USD deposited at bitfinex.com (https://www.bitfinex.com/?refcode=1NrFf6t4Nr) . The USD deposited at bitfinex will be used to provide liquidity to margin traders that pay a fee for that service. This interest is paid daily into our account and is currently hovering at about 0.16% per day. This dividend will be distributed proportionally to USDbitfnx holders every two weeks.
How many shares to be created?
5,000,000
How many shares to be sold?
The amount of USD in the bitfinex account will determine how many USDbitfnx assets will leave the Issuer Account.
What price will they be sold at?
Market price, whatever people judge them to be worth.
Nxtforum discussion
https://nxtforum.org/index.php?topic=3884.0 (https://nxtforum.org/index.php?topic=3884.0)
Nxt account used to issue assets
NXT-BQK9-UDGP-2Q97-49H3L
2956023623281072679
Asset ID
10294386916428132892
Ticker Symbol
USDbitfnx


FAQ:

How to acquire USDbitfnx?

Right now the only way to acquire USDbitfnx is to buy on the NXT asset exchange. If you want to buy a bigger amount, send me a PM and I will put up an order big enough for you.

Who am I?
I am a hero member of the NXT and bitcointalk community that is very active and has been registered for over four years. Due to regulatory risks, I try to keep my identity as separate from this project as possible. Administrator and community member Damelon agreed to verify this and will confirm this in this thread soon. He also knows my real identity and if I go rouge he will release my identity.

How will the USD be managed?
The USD will be invested in the swap-market on bitfinex and this will happen actively, so I will likely outperform the average lender there.

How will the dividends be paid?
Every 2-3 weeks the dividends will be paid. Every asset holder of USDbitfnx will receive his dividends paid in USDbitfnx. Example (ignoring fees): Lets assume there are two USDbitfnx holders with 400 and 600 assets. Now 25 USD in interest was earned in the last two weeks. This will now be distributed in the following way: 25/(400+600)* 400 = 10 USD   25/(400+600)*600 = 15 USD. Assuming that 1 NXT is worth 0.05 USD, then assetholder 1(400 USDbitfnx) gets 9.95 USDbitfnx as dividend and assetholder 2(600 USDbitfnx) gets 14.95 USDbitfnx.

How much fees do you charge?
Withdraw with BTC: 0.1% exchange fee + 2% personal fee (min 5 USD)
Dividend Fee: 1 NXT + 5% of the dividend amount
These fees are possibly subject to change!

How do you prove that you don't run a fractional reserve? Audit?
I have already asked Damelon if he could make an audit once a month, and I am sure that I will find someone very trustworthy to do this once a month (or on request!).

What risks are involved when holding this asset?
-Exchange risk: Holding USD will make you experience quite some volatility measured in BTC or NXT.
-Insolvency risk: Even though Bitfinex is a registered company and currently very profitable, a market shock, a hack or severe mismanagement (like mtgox) could happen.
-Theft risk: I will try my best to keep the funds safe and will use all security measures provided by bitfinex (2FA ect) to secure the account, still it is not possible to prevent every aspect of attacks.
-Trust risk: You will have to trust me to not run away with the funds. Given the fact that the administrator of this forum knows my identity, this scenario is pretty unlikely though.


The spreadsheet is now online and I will try to update it daily

https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Do you have a refferal code, so that I can get 10% fee discount?
https://www.bitfinex.com/?refcode=1NrFf6t4Nr
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:06:18 pm
I will launch the asset within the next hour and will then announce a little promotion, so stay tuned!

Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Damelon on July 22, 2014, 10:08:46 pm
I want to confirm that this account is an alt-account of a senior member of the BTT and NXT community.
He contacted me on PM and confirmed his identity in Skype.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Sebastien256 on July 22, 2014, 10:10:52 pm

-Trust risk: You will have to trust me to not run away with the funds. Given the fact that the administrator of this forum knows my identity, this scenario is pretty unlikely though.


Administrator, can you confirm this please?

EDIT: well, damelon, ^^ you post while I was reading.... Can't delete my post.  :D
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:11:02 pm
I want to confirm that this account is an alt-account of a senior member of the BTT and NXT community.
He contacted me on PM and confirmed his identity in Skype.

Thank you again for doing this and hopefully we can find an agreement for the auditing.

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:20:04 pm
Promotion:


I will send 1 USDbitfnx to the next 100 people that post a valid NXT address! Gogogo!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: BitcoinForumator on July 22, 2014, 10:21:12 pm
NXT-YYYY-8P2Q-8FMV-9AR2B

If you insist  ;)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Irontiga on July 22, 2014, 10:25:00 pm
Awesome!

NXT-S27N-JBGA-J8QD-AMAT8
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:25:04 pm
Promotion:


I will send 1 USDbitfnx to the next 100 people that post a valid NXT address! Gogogo!

Like this? NXT-6RKA-ZVFL-VBS6-7D2EP  ;D

Exactly like that! ;)

Already sent to both of you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Nxter on July 22, 2014, 10:30:38 pm
Thanks!

NXT-TPEN-G6NC-JQEX-3TPKY
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Lagb on July 22, 2014, 10:34:01 pm
Many thanks!

NXT-CHGW-7472-MB8R-C6SKT
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: rdanneskjoldr on July 22, 2014, 10:41:02 pm
NXT-HVGP-XQ27-C8RG-CH535

Thank you. It looks great, nice to see new good assets coming!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:46:54 pm
NXT-HVGP-XQ27-C8RG-CH535

Thank you. It looks great, nice to see new good assets coming!

Thanks. If you have questions feel free to ask. I want to resolve all uncertainty in this early phase.

Sent everyone his 1 USDbitfnx!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Tosch110 on July 22, 2014, 10:51:22 pm
Thank you =)

Nice Asset, I am interested in its development

NXT-5RB8-KJD3-BT3B-E2QWW
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: allbits on July 22, 2014, 10:52:51 pm
NXT-BRB2-SSPW-WRN3-AKZ38
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Salt023 on July 22, 2014, 10:53:27 pm
I won't be less :), thanks!

NXT-NG89-2CW8-5WBJ-8GLF5
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: m30188 on July 22, 2014, 10:54:58 pm
Promotion:


I will send 1 USDbitfnx to the next 100 people that post a valid NXT address! Gogogo!

Cool!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Damelon on July 22, 2014, 10:55:42 pm
NXT-CVY7-HTGP-7BWC-H2EZT :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: PoofKnuckle on July 22, 2014, 10:57:28 pm
Here is mine. I am looking forward to seeing how this develops!

NXT-ECNH-BHQN-FSUM-74JFT

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 10:58:02 pm
NXT-CVY7-HTGP-7BWC-H2EZT :)

Sent you 10 USDbitfnx for the hassle :P
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: colin012 on July 22, 2014, 10:59:36 pm
Alias: colin012 (I hope that counts!)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 11:01:03 pm
Alias: colin012 (I hope that counts!)

Sure it does. Always good to use some of the advanced features ;)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: RGBT on July 22, 2014, 11:01:19 pm
NXT-NBSG-A585-GAQR-F2AHV
Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: DrearyUrbanite on July 22, 2014, 11:03:19 pm
I'll take some and probably buy more. Thanks!

NXT-26MN-75KR-8H26-A9HK6
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: humbot on July 22, 2014, 11:08:50 pm
interested.  Hope it goes well.

NXT-HDAW-8CTY-DX8T-9H7DC
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 11:09:45 pm
I'll take some and probably buy more. Thanks!

NXT-26MN-75KR-8H26-A9HK6

Sent!

Please if you decide to acquire some USDbitfnx, use the BTC or NXT deposit feature instead of the AE, so that the liquidity is improved. I have waived the fees for depositing (you only pay the fees the exchange charges).
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: joseginxt on July 22, 2014, 11:29:08 pm
NXT-MRBJ-79MH-KR8M-2H65F

Very thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Shagufta on July 22, 2014, 11:33:36 pm
If you don't believe...see signature for address.

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 22, 2014, 11:36:03 pm
If you don't believe...see signature for address.

Thanks!

I have no idea what the "if you don't beleive" means, but I sent you 1 USDbitfnx
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: TwinWinNerD on July 22, 2014, 11:38:26 pm
10626333978591385112

Thanks
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: JohnHolmes on July 22, 2014, 11:48:18 pm
NXT-97WB-F3BH-SASQ-ECY2G

thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sparta_cuss on July 23, 2014, 12:13:03 am
Mmmm... Free...

Thank you!

NXT-Z24T-YU6D-688W-EARDT

Edit: Got it!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: nxtperceval on July 23, 2014, 12:14:49 am
NXT-EUDZ-TJF6-4A5A-GVUL9

thks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sile16 on July 23, 2014, 12:15:24 am
 Account RS   :   NXT-MSQT-ZUNP-RFFK-7DSB6
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: MrV777 on July 23, 2014, 12:15:41 am
Always excited for a new dividend asset  :)

NXT-BK2J-ZMY4-93UY-8EM9V
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 12:16:01 am
Mmmm... Free...

Thank you!

NXT-Z24T-YU6D-688W-EARDT

Rofl... :D

It is only ~ 20 NXT no reason to involve homer!

(http://img2.wikia.nocookie.net/__cb20121205194537/simpsons/images/thumb/7/7f/Mmm.jpg/250px-Mmm.jpg)

Sent!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Steve on July 23, 2014, 12:19:24 am
NXT-WDEZ-CJW6-LHSZ-6RGA2! Woop!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Dead5pur on July 23, 2014, 12:28:07 am
NXT-BG26-3BS3-RU6R-BT469

Thank you :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 12:28:31 am
I just had the first purchase and exchanged 0.3 BTC against 185.52 USD on bitfinex!

Lets get this party starting!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 12:29:27 am
Regarding the Promotion:

Starting from now on, I will not send the free 1 USDbitfnx to accounts younger than 1 week!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: MyZhre on July 23, 2014, 12:38:10 am
NXT-R8VT-6C23-WYRJ-8UUBZ, Thanks  ;D
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 12:59:24 am
Good night ladies!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: rlh on July 23, 2014, 01:10:56 am
Not sure if I made the top 100, but my address is in my sig!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: pt on July 23, 2014, 01:32:46 am
I'm in.

NXT-T42Q-CW9H-CZ4A-2H4NA
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: oldnbold on July 23, 2014, 01:37:12 am
pm sent
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: eB101 on July 23, 2014, 01:48:25 am
I'm in, thanks.

NXT-FLVS-VRBV-LDPD-6DZ9W
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: dandruff1138 on July 23, 2014, 02:02:13 am
Looks interesting! Thank you!


NXT-6VB2-QUMQ-X4JB-2PN9Z
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: cobaltskky on July 23, 2014, 02:16:18 am
Oh, crap, am I too late to the party? lol  Account is in my sig. :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: _mr_e on July 23, 2014, 02:30:45 am
NXT-FGCK-QBW6-8XQH-5KE5S
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: FearTheReaper on July 23, 2014, 02:50:21 am
8319851276665026446

cool concept, this will be an excellent addition!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: jefdiesel on July 23, 2014, 03:17:57 am
cant say no to dollars

15436509232181115695

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: xyzzyx on July 23, 2014, 04:35:17 am
I'll play.

NXT-L8EV-EMP8-7VE8-88WWL

Thanks.

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Eadeqa on July 23, 2014, 04:53:23 am
NXT-GZYP-FMRT-FQ9K-3YQGS
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: martismartis on July 23, 2014, 05:00:33 am
I'm in:

NXT-PJ4S-P5MU-LFBV-6ARBY
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: cc001 on July 23, 2014, 05:01:16 am
thank you! :)

NXT-8RXS-2SSK-RNF2-HSNL8
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: flip09 on July 23, 2014, 05:02:15 am
NXT-9FG2-K3NP-QJ7V-8MH8H

Thanks!! ;)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: autumnyellow on July 23, 2014, 06:22:11 am
NXT-2J66-G2AA-64YB-3VDZM

New account on this forum, but have been active on bitcointalk forum and participated in nxt swarms...
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: stone on July 23, 2014, 06:41:18 am
I was ready to buy some of the assets being evaluated his yields. Please send me some assets to test purse, thank you.
NXT-RXY2-JFQS-8ZUM-HXKRD
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: dsalinas79 on July 23, 2014, 06:44:37 am
Gracias!

NXT-NNBQ-NXU8-8R7E-3TG5M
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Abraxas 147 on July 23, 2014, 06:52:22 am
NXT-BL9Q-B6W2-MK67-7XW6Z

Thanks!  :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: aigareth on July 23, 2014, 06:53:18 am
nice project!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: teletobi on July 23, 2014, 06:55:50 am
NXT-NRGJ-86TR-QBUU-D2C3S

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: hisun on July 23, 2014, 06:56:16 am
good idea.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: btccoffee on July 23, 2014, 07:03:41 am
9794224258601940475   thx!!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: psic4t on July 23, 2014, 07:04:05 am
Here is mine:

NXT-3KKX-JF33-KC9K-4DUJN

Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Jacinto on July 23, 2014, 07:04:12 am
Thank you very much!

Amazing Idea!

NXT-3YRH-WRH4-MW27-BU566

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: qbd1313 on July 23, 2014, 07:05:36 am
17366041989235272486

thx
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: qiuzhixin15 on July 23, 2014, 07:06:16 am
great project
7762692677684888424
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: qtgwith on July 23, 2014, 07:06:53 am
Thanks!

2272647832778302927
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: zongry on July 23, 2014, 07:12:41 am
18147459816695584882 Thank you!  :D
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: lbjnext on July 23, 2014, 07:13:32 am
NXT-2HL8-HDMU-7DMZ-8ANYR 
Thinks! :-\
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: mydearvoice on July 23, 2014, 07:15:04 am
16015710280207259572
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: zhwj123 on July 23, 2014, 07:16:06 am
6045729129579045787
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: zifcom on July 23, 2014, 07:17:22 am
NXT-TZH9-R7HW-JLFT-DR3BM
Thank you very much!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: bezbezbez on July 23, 2014, 07:23:57 am

Thnx ;)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: QQ962 on July 23, 2014, 07:25:00 am
NXT-VGCX-WTSJ-SFUJ-D28W7
Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: youyou on July 23, 2014, 07:25:26 am
Maybe too late, but

NXT-M3YC-DENH-URN9-EZMP3

thanks anyway :P
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Darkhorse on July 23, 2014, 07:27:16 am
Thank you in advance

NXT-A9JQ-ZV7M-PU5M-35ZEY
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: abctc on July 23, 2014, 07:28:13 am
NXT-XWY4-4QVS-ZK3Q-EAZHA
Thank you.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: TallSmile on July 23, 2014, 07:28:55 am
NXT-EAPU-76MK-2FF6-FKDFY
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: rajc on July 23, 2014, 07:33:21 am
NXT-R8CJ-8AXE-PGHB-4F78P
i hope it is not too late :D
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Ezravdb on July 23, 2014, 07:35:32 am
NXT-32JJ-SCTZ-FDAH-FUNWN

thanks :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Robin on July 23, 2014, 07:40:02 am
NXT-X4FU-ZPWV-KVE4-9TS7T

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: damapapa on July 23, 2014, 07:44:16 am
16991810208642788239 thanks
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: a7594li on July 23, 2014, 07:53:16 am
28921173865191586

thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: bitdraw on July 23, 2014, 07:56:16 am
7745109308256700891

hope im still in top 100 ;) thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: lucky88888 on July 23, 2014, 07:59:56 am
lol @ all those new accounts


NXT-E328-UJDF-KTGH-9C6YQ
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: igmaca on July 23, 2014, 08:35:05 am
1334338925692560781

thank you!!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: li98090026 on July 23, 2014, 08:53:06 am
Thanks NXT-WYWR-LB6R-J6X4-7F8VG
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Berzerk on July 23, 2014, 08:57:10 am
No sockpuppets please. :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: maxll on July 23, 2014, 09:12:14 am
NXT-UDHN-A4VD-JMWP-GQY57
8)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: TheWireMaster on July 23, 2014, 09:14:42 am
Im I in the first 100? :)
NXT-5WW2-XQ63-CFGM-G7YAJ
Thx
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Shrapnel on July 23, 2014, 09:16:10 am
NXT-63DB-ZJPU-WCHS-GX9BE ;D
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: scor2k on July 23, 2014, 09:21:54 am
NXT-FRNZ-PDJF-2CQT-DQ4WQ :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: frohlocke on July 23, 2014, 09:55:45 am
Hope not to late:NXT-L4TE-Z7YU-T2RM-29WBC
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 10:24:14 am
Just replied to all PMs and will now send out the free assets!

Might take a while ;)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Dr.Beer on July 23, 2014, 10:26:24 am
NXT-4RVZ-64N3-TPVY-3X698
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: valarmg on July 23, 2014, 10:27:20 am
Just replied to all PMs and will now send out the free assets!

Might take a while ;)

I'm working on automatic asset distribution script (to save time on something like this) in conjunction with dividends but it's probably another few days from release.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 10:38:20 am
Just replied to all PMs and will now send out the free assets!

Might take a while ;)

I'm working on automatic asset distribution script (to save time on something like this) in conjunction with dividends but it's probably another few days from release.

Awesome! Really cool service you are offering. I only need it in about 2 weeks from today.

Sent you 10 USDbitfnx as an early thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 11:01:37 am
Just confirmed another deposit of 1 BTC (618 USDbitfnx).
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: grex on July 23, 2014, 12:55:23 pm

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: tompkr on July 23, 2014, 02:14:09 pm
NXT-6DRG-8Y7R-MWWX-4966R

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: DoTheNXT on July 23, 2014, 02:34:42 pm
NXT-95FX-K2SC-GAPK-5TP9M
Thank you
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: tersagun on July 23, 2014, 02:41:59 pm
I'm not really familiar with Bitfinex but can you just deposit USD there and get daily interest?
If that's the case, why aren't everyone just doing it? Clearly I'm missing a point about margin trades.

Oh, NXT-9E2Z-J8XM-HKYU-G2GC2  BTW :-)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: himmelsfaller2 on July 23, 2014, 02:53:59 pm
NXT-V29U-VXZJ-H8UJ-835MA

thanks a lot!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: colin012 on July 23, 2014, 04:16:50 pm
NXT-HVGP-XQ27-C8RG-CH535

Thank you. It looks great, nice to see new good assets coming!

Thanks. If you have questions feel free to ask. I want to resolve all uncertainty in this early phase.

Sent everyone his 1 USDbitfnx!

Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 04:26:45 pm
I'm not really familiar with Bitfinex but can you just deposit USD there and get daily interest?
If that's the case, why aren't everyone just doing it? Clearly I'm missing a point about margin trades.

Oh, NXT-9E2Z-J8XM-HKYU-G2GC2  BTW :-)

The first good question!

I will try to structure my answer:

So, why is it better to have USDbitfnx than managing the own bitfinex account?

- simplicity: Several steps of work are not neccessary when using USDbitfnx instead of own account. E.g.: No managing of swaps, security concerns, everything is in the NXT AE account in one place.
- tradebility: When using the own account to provide USD for swaps you are bound to the lending time. To get good rates, one has to offer +15 day terms. This makes the funds stuck for a longer period and also never all funds are available at the same time. Once this asset takes off, the tradebility will be very good, with enough liquidity in the market for this asset.
- competibility: When using this service, the funds are actively managed, thus resulting in an average higher lending rate and shorter downtimes (funds not lent, this is a big problem). The time alone that is needed to do this would only be worth it for larger accounts!
- profitability: Given the points "tradebility, simplicity and competibility" you have to calculate with opportunity costs. Will the saved time, the higher lending rates, the shorter downtime, the higher liquidity be worth the fees, that I am charging for this? If yes: then you would be adviced to use this. If not: well, then you should actively manage your own portfolio!

Regards,

PS: Sent all funds!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: tersagun on July 23, 2014, 04:57:49 pm
I'm not really familiar with Bitfinex but can you just deposit USD there and get daily interest?
If that's the case, why aren't everyone just doing it? Clearly I'm missing a point about margin trades.

Oh, NXT-9E2Z-J8XM-HKYU-G2GC2  BTW :-)

The first good question!

I will try to structure my answer:

So, why is it better to have USDbitfnx than managing the own bitfinex account?

- simplicity: Several steps of work are not neccessary when using USDbitfnx instead of own account. E.g.: No managing of swaps, security concerns, everything is in the NXT AE account in one place.
- tradebility: When using the own account to provide USD for swaps you are bound to the lending time. To get good rates, one has to offer +15 day terms. This makes the funds stuck for a longer period and also never all funds are available at the same time. Once this asset takes off, the tradebility will be very good, with enough liquidity in the market for this asset.
- competibility: When using this service, the funds are actively managed, thus resulting in an average higher lending rate and shorter downtimes (funds not lent, this is a big problem). The time alone that is needed to do this would only be worth it for larger accounts!
- profitability: Given the points "tradebility, simplicity and competibility" you have to calculate with opportunity costs. Will the saved time, the higher lending rates, the shorter downtime, the higher liquidity be worth the fees, that I am charging for this? If yes: then you would be adviced to use this. If not: well, then you should actively manage your own portfolio!

Regards,

PS: Sent all funds!

Thanks for the reply.
So the market and ratios are always changing during the day, I take it.

Interesting asset nevertheless.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: satoshi on July 23, 2014, 05:15:35 pm
Interesting idea, another way to diversify your crypto investments.

Only hesitation is about the company itself

https://www.bitfinex.com

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 05:16:49 pm

Thanks for the reply.
So the market and ratios are always changing during the day, I take it.

Interesting asset nevertheless.


The normal day on bitfinex used to have big spikes in the lending rate and with a good strategy you were able to exploit this quite a bit and still making sure that you don't have much downtime. The last few days were rather calm, due to the low trading volume and nearly no volatility. But as BTC is expected to keep some of its volatility those calm days are much more the calm before the storm then a longterm swap rate stability.

One more thing, I will always try to stay competitive with the fees charged for this service, so you will keep having a good deal here.

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 05:25:06 pm
Interesting idea, another way to diversify your crypto investments.

Only hesitation is about the company itself

https://www.bitfinex.com



According to their website:

"The platform is owned and operated by iFinex Inc. (Bvi), and during this final phase the platform is being prepared to operate under a fully licensed model."

Obviously this is very vague and not very accurate statement. I have talked to Giancarlo (CEO of bitfinex) and came to the conclusion that the firm itself has simply no reason to go rouge. The only thing that could happen would be government intervention and frozen bankaccount ect because of the accepting of USD funds. I can't really assess this risk, but I very much doubt, that the additional risk will offset the added return of investment and make the investment an overall negative one.

Regards


Edit: To clarify: Bvi = British Virgin Islands and they have a very liberal offshore company policy but are still accepted and respected by US and UK governments.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 05:31:02 pm
Processed another deposit, we now have 2202$ on our account.

(http://i.imgur.com/NNJUVYW.png)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: popolozo on July 23, 2014, 05:42:44 pm
NXT-LTUS-KDUV-XK97-3XMEL
Thanks!!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: mister on July 23, 2014, 05:47:29 pm
NXT-JP7J-U5DW-4LYF-3BAYB

Thanks!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 05:54:53 pm
NXT-JP7J-U5DW-4LYF-3BAYB

Thanks!

Sent.

20 free USDbitfnx left!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: satoshi on July 23, 2014, 05:59:30 pm


According to their website:

"The platform is owned and operated by iFinex Inc. (Bvi), and during this final phase the platform is being prepared to operate under a fully licensed model."

Obviously this is very vague and not very accurate statement. I have talked to Giancarlo (CEO of bitfinex) and came to the conclusion that the firm itself has simply no reason to go rouge. The only thing that could happen would be government intervention and frozen bankaccount ect because of the accepting of USD funds. I can't really assess this risk, but I very much doubt, that the additional risk will offset the added return of investment and make the investment an overall negative one.

Regards


Edit: To clarify: Bvi = British Virgin Islands and they have a very liberal offshore company policy but are still accepted and respected by US and UK governments.

Thanks for your clarification and your honest feedback.

If available please send us a couple of shares, firstly we will review and evaluate when the dividend payments are received and if the return value increases vs risk we will invest for our fund.
NXT-KUQ3-SYHL-E4BE-B2BL5
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 06:11:41 pm


According to their website:

"The platform is owned and operated by iFinex Inc. (Bvi), and during this final phase the platform is being prepared to operate under a fully licensed model."

Obviously this is very vague and not very accurate statement. I have talked to Giancarlo (CEO of bitfinex) and came to the conclusion that the firm itself has simply no reason to go rouge. The only thing that could happen would be government intervention and frozen bankaccount ect because of the accepting of USD funds. I can't really assess this risk, but I very much doubt, that the additional risk will offset the added return of investment and make the investment an overall negative one.

Regards


Edit: To clarify: Bvi = British Virgin Islands and they have a very liberal offshore company policy but are still accepted and respected by US and UK governments.

Thanks for your clarification and your honest feedback.

If available please send us a couple of shares, firstly we will review and evaluate when the dividend payments are received and if the return value increases vs risk we will invest for our fund.
NXT-KUQ3-SYHL-E4BE-B2BL5

Sent 10 USDbitfnx.

As the dividend will be about 1.5%-2% per week it is better to have more than a few USD because the 1 NXT transaction fee, will eat quite some of the dividend away otherwise. I am currently considering waving the 1 NXT fee for the first round of dividends so that everyone (even the 1 USD people) can see the dividend!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: satoshi on July 23, 2014, 06:17:01 pm
+1

Thanks for your generosity.

We will be following closely.

When do you expect to start providing liquidity to the bitfnx network?

When is the first dividend expected?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 06:20:18 pm
+1

Thanks for your generosity.

We will be following closely.

When do you expect to start providing liquidity to the bitfnx network?

When is the first dividend expected?

I will payout the first dividend in about 12-13 days (every 2 weeks after that).

Also I am already providing liquidity! Yesterday for the very short time I started lending we got 0.15$ intrerest, today I am expecting about 1.7$ (~0.16% minus the fees that bitfinex charges)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Jacinto on July 23, 2014, 06:24:47 pm
I am currently considering waving the 1 NXT fee for the first round of dividends so that everyone (even the 1 USD people) can see the dividend!

This would be perfect for the newcomers and the users that don't "get" all the implications of your asset.  :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 06:29:04 pm
I am currently considering waving the 1 NXT fee for the first round of dividends so that everyone (even the 1 USD people) can see the dividend!

This would be perfect for the newcomers and the users that don't "get" all the implications of your asset.  :)

How about I send out a dividend after 7 days of lending and waive the fee for that round and then after this every 2 weeks dividend with fee?

This way the asset holders see results very soon. Also I will post the daily interest received + account balance daily!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: satoshi on July 23, 2014, 06:51:43 pm
So you already have the first drop of rain. It's a great feeling turning your ideas into reality.

Two weeks lead time should be fine, to build some meaningful NXT payout for each investor. You don't wanna pay .3 NXT dividend and pay 1 NXT transfer fee.

but in the meantime you can start a spreadsheet like this with as much details for your asset.

https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 06:59:32 pm
So you already have the first drop of rain. It's a great feeling turning your ideas into reality.

Two weeks lead time should be fine, to build some meaningful NXT payout for each investor. You don't wanna pay .3 NXT dividend and pay 1 NXT transfer fee.

but in the meantime you can start a spreadsheet like this with as much details for your asset.

https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml


Yes, I will do this now.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: nanardz on July 23, 2014, 07:29:40 pm
too late? ;D

2020185508081286987
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 07:31:29 pm
too late? ;D

2020185508081286987


Not at all! Sent!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: iadxo on July 23, 2014, 07:59:56 pm
12089898164102965771

i hope not late
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: AngryInca on July 23, 2014, 08:21:58 pm
Don't think I've ever been quick enough in my life for a promotion, but here's hoping:

NXT-H8XB-X9JD-FAYS-CFJFF

(fingers crossed!)

Edit: Just read the whole post, I might not qualify because I'm new to NXT and I only created my account last night. I ain't no sock puppet though!!!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Riker on July 23, 2014, 08:57:52 pm
Hope its not too late:
NXT-HBFW-X8TE-WXPW-DZFAG
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 09:29:12 pm
Reposting a question I got per PM:

Quote
Hi,

I'm new to NXT and still learning about it.  I'm interested in the Bitfinex assets.  Is there a minimum investment amount, or an amount that's only really worth investing more than - like forging, you really need more than 100000 to make it pay out etc.

For example, what would $100, $200 $300, $500 expected ROI be? (not holding you to this of course!)

Thanks


Hi!

This asset is only traded on NXT asset exchange, it has nothing to do with the forging requirements of NXT.

Basically the USD deposited on bitfinex will yield about 1.7-1.8% every 2 weeks. So if you have 500 USDbitfnx then you will get about 9 USDbitfnx assets sent to your account, every two weeks. From this amount the 5cent for the 1 NXT transaction fee will be deducted. That is why it does more sence to invest $500 rather than $50.

The yearly ROI for a 500$ investment would be about 55% at this moment, so at the end of the 12 month period your account would hold 500 + 275 USDbitfnx assets. 300, 200 and 100 investments would only have a slightly lower ROI. Everything under 25 $ would yield significantly lower ROIs.

Regards
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 09:38:00 pm
Promotion is now over! Sorry everyone who missed it.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 10:12:20 pm
I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: MJ79 on July 23, 2014, 10:30:33 pm
How will you calculate the dividends if you're paying every 2 weeks but people are buying and selling all the time? Set time and whoever is holding them at that time gets the dividends for the past 2 weeks?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 10:37:20 pm
How will you calculate the dividends if you're paying every 2 weeks but people are buying and selling all the time? Set time and whoever is holding them at that time gets the dividends for the past 2 weeks?

Exactly, I will upload the spreadsheet later this evening and there will be the exacte dividend date marked. So if you hold the funds on that day, you will get the dividend for the last 2 weeks. This is the only possible way to do this.

The 2 week period is a trade-off between convenience (vs e.g. daily dividends) and higher roi (daily dividends will kill the roi for smaller holders).
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: MJ79 on July 23, 2014, 10:44:34 pm
Exactly, I will upload the spreadsheet later this evening and there will be the exacte dividend date marked. So if you hold the funds on that day, you will get the dividend for the last 2 weeks. This is the only possible way to do this.

The 2 week period is a trade-off between convenience (vs e.g. daily dividends) and higher roi (daily dividends will kill the roi for smaller holders).

Thought so, thanks. :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 10:53:48 pm
The spreadsheet is now online and I will try to update it daily

https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: DrearyUrbanite on July 23, 2014, 11:04:27 pm
I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 11:04:35 pm
I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

Wow, not even one hour has passed and the 800 USDbitfnx are gone already. Will now rebuy and post a new offer in a couple of hours.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 11:05:14 pm
I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?

Yes, I am shocked too. That was surprisingly fast!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: DrearyUrbanite on July 23, 2014, 11:12:12 pm
I have opened a new NXT account (NXT-3CAM-TZGK-8WZ7-FDU7Y) to use my part of the bitfinex balance to provide liquidity to the market. You can now buy USDbitfnx @ 23.5 NXT (800 pieces) in the NXT AE. Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

I am not seeing any of the 800. Were they all gobbled up in one fast purchase?

Yes, I am shocked too. That was surprisingly fast!

Pity - I would have bought some, particularly at that price.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 23, 2014, 11:31:10 pm


Pity - I would have bought some, particularly at that price.

Don't worry, as long as NXT/BTC price stays about the same, I will provide enough liquidity to cater all needs at prices similar to this!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 12:53:12 am
Just received the first interest payment: 2,12 USD!!

Balance now @ 3,259.98 USD with more deposits pending.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 01:02:57 am
You can now buy more USDbitfnx @ 23.5 NXT (~70 USD) in the NXT AE.

Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!

Someone bought 2500 USDbitfnx, now I have to redeposit that so it will take some time to offer a new ask on the NXT AE. More tomorrow.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 01:15:17 am
What is the current balance of the bitfinex account?
The name of the USDbitfnx account is: NXTpassthrough
Current balance of the account: $4655
(http://i.imgur.com/TFlkBbT.png)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Dervish on July 24, 2014, 07:39:36 am
ups... to late
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: abctc on July 24, 2014, 08:40:57 am
ups... to late
- why "to late" ?
FAQ:
BTC deposit: Just send me a PM here or on NXT-BQK9-UDGP-2Q97-49H3L and I will provide you with a BTC-Deposit address. The BTC will then be exchanged for USD asap on bitfinex. The equivalent USD amount will be sent to your NXT account using the USDbitfnx asset.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Eadeqa on July 24, 2014, 09:03:08 am
how this thing is a equivalent to  US dollars unless I canit cash it for a US dollar?



Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 09:10:49 am
how this thing is a equivalent to  US dollars unless I can cash it for a US dollar?




Because a "real" USD is deposited at bitfinex.com. So at anytime you can take this USD and exchange it against BTC LTC or DRK on bitfinex to receive the exact amount minus fees that 1 USD is worth. The amount of USD at our bitfinex account will be audited once a month too.

ups... to late

If you are referring to the promotion, yes, sorry!

Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: vitvert on July 24, 2014, 09:20:41 am
NXT-JN4N-F5S9-SGQ8-D4JCB
(registered on the bitcointalk for a long time  :)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 09:22:19 am
NXT-JN4N-F5S9-SGQ8-D4JCB
(registered on the bitcointalk for a long time  :)

Sorry buddy, the promotion is over :(

If you still want USDbitfnx, you can deposit using BTC or NXT or buy on the NXT AE once my funds arrive and I put a new ASK order online.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Eadeqa on July 24, 2014, 09:22:19 am
Because a "real" USD is deposited at bitfinex.com. So at anytime you can take this USD and exchange it against BTC LTC or DRK on bitfinex to receive the exact amount minus fees that 1 USD is worth. The amount of USD at our bitfinex account will be audited once a month too.

How do people transfer the USD asset to bitfinex.com ?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 09:25:02 am
Because a "real" USD is deposited at bitfinex.com. So at anytime you can take this USD and exchange it against BTC LTC or DRK on bitfinex to receive the exact amount minus fees that 1 USD is worth. The amount of USD at our bitfinex account will be audited once a month too.

How do people transfer the USD asset to bitfinex.com ?

Are you referring to the redeeming of this asset?

Then: I will handle the withdrawals and follow the given orders. E.g.: if you have 1000 USDbitfnx and for some reason decide that you think it is better to withdraw them directly instead of selling them on the NXT AE, then send me a PM and as soon as 1000 USD are not stuck within loanss, I will exchange them against BTC or BTC->NXT and then send them to you. I wrote some more details about that in the opening post.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Eadeqa on July 24, 2014, 09:39:52 am
Then: I will handle the withdrawals and follow the given orders. E.g.: if you have 1000 USDbitfnx and for some reason decide that you think it is better to withdraw them directly instead of selling them on the NXT AE, then send me a PM and as soon as 1000 USD are not stuck within loanss, I will exchange them against BTC or BTC->NXT and then send them to you. I wrote some more details about that in the opening post.

Can it be made automated where people can transfer  USD instantly (10 confirmation?) to USDbitfnx account? Why the PM?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 10:05:36 am


Can it be made automated where people can transfer  USD instantly (10 confirmation?) to USDbitfnx account? Why the PM?


What exactly do you mean? The deposit process or the withdrawal process?

I don't want to automate anything, because once there is a server in the game, the security risk explodes! Keeping everything manual will make some things slower at the start, but once there is enough liquidity, the depositing and withdrawing will become completely unneccessary, that is the beauty about this concept!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 10:14:08 am
Deposit just came through!

You can now buy more USDbitfnx @ 24.5 NXT (~2338 USD) in the NXT AE.

Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sparta_cuss on July 24, 2014, 10:54:58 am
Please tell me if my thinking and calculations are correct here.

If I buy one USDbitfnx asset, then I am putting a dollar's worth of liquidity into the Bitfinex market, and getting a dollar's worth of stake, in terms of fee generation.

Asset cost: 24.5 NXT
Right now, NXT is trading at ~$0.045837 per NXT
That gives a price of $1.1230065 per asset.
So I am paying 12.30065 % over the cost of that dollar's worth of stake.
I hope to gain ~0.16 % of interest per BitFinEx dollar (according to your OP).
If I intend to redeem USD from you, rather than selling on the AE, how long do I have to wait to break even (to pay for the 12.30065% premium to participate)?

(I will most likely sell via the AE at some point, or just keep this lucrative, dividend-paying asset for a long time. I just want to know how to calculate the break-even point.)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 10:59:56 am
Please tell me if my thinking and calculations are correct here.

If I buy one USDbitfnx asset, then I am putting a dollar's worth of liquidity into the Bitfinex market, and getting a dollar's worth of stake, in terms of fee generation.

Asset cost: 24.5 NXT
Right now, NXT is trading at ~$0.045837 per NXT
That gives a price of $1.1230065 per asset.
So I am paying 12.30065 % over the cost of that dollar's worth of stake.
I hope to gain ~0.16 % of interest per BitFinEx dollar (according to your OP).
If I intend to redeem USD from you, rather than selling on the AE, how long do I have to wait to break even (to pay for the 12.30065% premium to participate)?

(I will most likely sell via the AE at some point, or just keep this lucrative, dividend-paying asset for a long time. I just want to know how to calculate the break-even point.)

Hey sparta_cuss,

I put up the order just for adding some liquidity to the market and making it easier to buy into this. The markup is to encourage people to rather use the BTC deposit option. That way you pay only the 0.2 % exchange fee and nothing else.

At a 12% premium (wasn't intended, I just put up the order now because I need to go later and BTC price and NXT price was in a downwards trend) you would need about 80-100 days to break even, but I expect this asset to trade at a premium, so most likely much earlier!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sparta_cuss on July 24, 2014, 11:07:34 am
Please tell me if my thinking and calculations are correct here.

If I buy one USDbitfnx asset, then I am putting a dollar's worth of liquidity into the Bitfinex market, and getting a dollar's worth of stake, in terms of fee generation.

Asset cost: 24.5 NXT
Right now, NXT is trading at ~$0.045837 per NXT
That gives a price of $1.1230065 per asset.
So I am paying 12.30065 % over the cost of that dollar's worth of stake.
I hope to gain ~0.16 % of interest per BitFinEx dollar (according to your OP).
If I intend to redeem USD from you, rather than selling on the AE, how long do I have to wait to break even (to pay for the 12.30065% premium to participate)?

(I will most likely sell via the AE at some point, or just keep this lucrative, dividend-paying asset for a long time. I just want to know how to calculate the break-even point.)

Hey sparta_cuss,

I put up the order just for adding some liquidity to the market and making it easier to buy into this. The markup is to encourage people to rather use the BTC deposit option. That way you pay only the 0.2 % exchange fee and nothing else.

At a 12% premium (wasn't intended, I just put up the order now because I need to go later and BTC price and NXT price was in a downwards trend) you would need about 80-100 days to break even, but I expect this asset to trade at a premium, so most likely much earlier!

Ok, thanks. Now I see what the 12% markup is for. I think I will PM you and deposit BTC. (I will need to sell something to get BTC, so I'll talk to you later.)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 11:10:03 am
Please tell me if my thinking and calculations are correct here.

If I buy one USDbitfnx asset, then I am putting a dollar's worth of liquidity into the Bitfinex market, and getting a dollar's worth of stake, in terms of fee generation.

Asset cost: 24.5 NXT
Right now, NXT is trading at ~$0.045837 per NXT
That gives a price of $1.1230065 per asset.
So I am paying 12.30065 % over the cost of that dollar's worth of stake.
I hope to gain ~0.16 % of interest per BitFinEx dollar (according to your OP).
If I intend to redeem USD from you, rather than selling on the AE, how long do I have to wait to break even (to pay for the 12.30065% premium to participate)?

(I will most likely sell via the AE at some point, or just keep this lucrative, dividend-paying asset for a long time. I just want to know how to calculate the break-even point.)

Hey sparta_cuss,

I put up the order just for adding some liquidity to the market and making it easier to buy into this. The markup is to encourage people to rather use the BTC deposit option. That way you pay only the 0.2 % exchange fee and nothing else.

At a 12% premium (wasn't intended, I just put up the order now because I need to go later and BTC price and NXT price was in a downwards trend) you would need about 80-100 days to break even, but I expect this asset to trade at a premium, so most likely much earlier!

Ok, thanks. Now I see what the 12% markup is for. I think I will PM you and deposit BTC. (I will need to sell something to get BTC, so I'll talk to you later.)

I just need a NXT deposit address for the assets and then I will send you a unique BTC deposit address. After that you can take as long as you want.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sparta_cuss on July 24, 2014, 11:19:36 am
Wouldn't it be possible to make a quick ~12% gain on Nxt by sending BTC to you, getting the assets, and then selling the assets on AE just below your offering price of 24.5?

I know this would not add as much liquidity to Bitfinex, but as long as your fee to do the deposit is so high, it encourages this arbitrage, doesn't it?
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 11:22:22 am
Wouldn't it be possible to make a quick ~12% gain on Nxt by sending BTC to you, getting the assets, and then selling the assets on AE just below your offering price of 24.5?

I know this would not add as much liquidity to Bitfinex, but as long as your fee to do the deposit is so high, it encourages this arbitrage, doesn't it?

It isn't really arbitrage but yes, totally possible, also this would increase the liquidity! The more USD gets deposited, the higher the demand to trade should get.

But obviously, I would also lower my offer if someone would undercut me. That is what a market maker does ;) (As soon as we reach a good amount of USD, I will post a relatively good BID/ASK spread.)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: sparta_cuss on July 24, 2014, 11:25:46 am
Wouldn't it be possible to make a quick ~12% gain on Nxt by sending BTC to you, getting the assets, and then selling the assets on AE just below your offering price of 24.5?

I know this would not add as much liquidity to Bitfinex, but as long as your fee to do the deposit is so high, it encourages this arbitrage, doesn't it?

It isn't really arbitrage but yes, totally possible, also this would increase the liquidity! The more USD gets deposited, the higher the demand to trade should get.

But obviously, I would also lower my offer if someone would undercut me. That is what a market maker does ;) (As soon as we reach a good amount of USD, I will post a relatively good BID/ASK spread.)

Cool! Let the games begin!  ;)

Not really. I'm no whale, so I think I'll keep most of my assets and just collect the dividends.
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 11:36:55 am
Wouldn't it be possible to make a quick ~12% gain on Nxt by sending BTC to you, getting the assets, and then selling the assets on AE just below your offering price of 24.5?

I know this would not add as much liquidity to Bitfinex, but as long as your fee to do the deposit is so high, it encourages this arbitrage, doesn't it?

It isn't really arbitrage but yes, totally possible, also this would increase the liquidity! The more USD gets deposited, the higher the demand to trade should get.

But obviously, I would also lower my offer if someone would undercut me. That is what a market maker does ;) (As soon as we reach a good amount of USD, I will post a relatively good BID/ASK spread.)

Cool! Let the games begin!  ;)

Not really. I'm no whale, so I think I'll keep most of my assets and just collect the dividends.

;) No reason to not earn an extra buck. Also keep in mind, with a good trading strategy you could exploit the fact that every 2 weeks on the payment day an abritrage opportunity arises (buying USDbitfnx before dividend and selling after receiving)
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: Bitfinex_USD on July 24, 2014, 11:42:53 am
Forum Administrator Damelon agreed to do an audit once a month, starting from the point we reach 10,000 USD in the bitfinex account! Thank you!
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: jefdiesel on July 24, 2014, 11:43:57 am
The sale price for USDbitfnx is 24.5 but there is only 44 buy on the book at 20nxt

I see NXT at 4.6 cents now, so people are only paying $.92 on the market.. so there might be the perception of a market gap, there isn't any liquidity, nor is there any market for selling at the moment.

But this is all new, so lets see where it goes.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 11:46:07 am
The sale price for USDbitfnx is 24.5 but there is only 44 buy on the book at 20nxt

I see NXT at 4.6 cents now, so people are only paying $.92 on the market.. so there might be the perception of a market gap, there isn't any liquidity, nor is there any market for selling at the moment.

But this is all new, so lets see where it goes.

Nearly no-one knows about this asset and only about 6000 USDbitfinex are spread amoung people. I guess in about 1-2 weeks we will see some better liquidity in the market.

Also 24.5 is not the "sale-price" it is only an option to buy, the preferred way is to deposit BTC directly to bitfinex, thus resulting in a price at around 21.5-22 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jefdiesel on July 24, 2014, 11:48:10 am
Sorry I meant "Sell price"
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 11:50:40 am
You can now buy more USDbitfnx @ 23.5 NXT (~2338 USD) in the NXT AE.

Once someone buys them I will use the NXT to deposit at bitfinex and gather more USD. This way the asset will get more liquid every day!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 09:12:40 pm
You can now buy more USDbitfnx @ 23.5 NXT (~1200 USD) in the NXT AE.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 09:30:07 pm
Market maker account:

BID: 21.2 NXT (100 USD)
ASK: 23.5 NXT (1200 USD)
Spread 2.3 NXT or ~10%
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 09:32:35 pm
Current bitfinex.com account balance:

(http://i.imgur.com/BXz8R8B.png)

9193 USD

This equals $4538 net new deposits today until now.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 24, 2014, 11:16:54 pm
You can now buy more USDbitfnx @ 23.25 NXT (~1150 USD) and @23.5 NXT (~1120 USD) in the NXT AE.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: dandruff1138 on July 25, 2014, 01:45:30 am
Ok... I am not very smart man. After I purchase asset on AE, then what?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 25, 2014, 12:13:09 pm
Ok... I am not very smart man. After I purchase asset on AE, then what?

Hi,

After you purchase the USDbitfnx asset you can use it for different things:

- Hold it to diversify your NXT portfolio. This works nicely, because USD and NXT is completely uncorrelated. Holding a mix of USDbitfnx and NXT will guaranteed take volatility out of your portfolioworth. (Less swings!)
- You can directly send USD to other NXT users without bothering to check the NXT price all the time
- You can just hold it and enjoy the ~1.5% interest you will get every 2 weeks (about 50-60% per year)
- Buy it and trade with it to exploit the swings and profit from the spread.

As you can see, it has many purposes and I am sure that within 2 months, we will have a lively market going for USDbitfnx, where you will be able to cashout/cashin multiple thousands of USD without moving the market!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 25, 2014, 12:21:23 pm
Interest:

Day 1: $2.12
Day 2: $8.90

Accumulated: $11.02

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

The daily interest payment is increasing fast, this is due to huge deposits coming through every day. This also has a negative effect for the first dividend payment: Funds that where deposited later then others, will receive proportional dividend even if they weren't here in the first days. This will obviously become a lesser problem once the amount of funds deposited stays more constant.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: dandruff1138 on July 25, 2014, 03:41:48 pm
Ok... I am not very smart man. After I purchase asset on AE, then what?

Hi,

After you purchase the USDbitfnx asset you can use it for different things:

- Hold it to diversify your NXT portfolio. This works nicely, because USD and NXT is completely uncorrelated. Holding a mix of USDbitfnx and NXT will guaranteed take volatility out of your portfolioworth. (Less swings!)
- You can directly send USD to other NXT users without bothering to check the NXT price all the time
- You can just hold it and enjoy the ~1.5% interest you will get every 2 weeks (about 50-60% per year)
- Buy it and trade with it to exploit the swings and profit from the spread.

As you can see, it has many purposes and I am sure that within 2 months, we will have a lively market going for USDbitfnx, where you will be able to cashout/cashin multiple thousands of USD without moving the market!

I guess my question is how do I recieve the interest? Do I have to have an account there as well?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 25, 2014, 04:33:53 pm
Ok... I am not very smart man. After I purchase asset on AE, then what?

Hi,

After you purchase the USDbitfnx asset you can use it for different things:

- Hold it to diversify your NXT portfolio. This works nicely, because USD and NXT is completely uncorrelated. Holding a mix of USDbitfnx and NXT will guaranteed take volatility out of your portfolioworth. (Less swings!)
- You can directly send USD to other NXT users without bothering to check the NXT price all the time
- You can just hold it and enjoy the ~1.5% interest you will get every 2 weeks (about 50-60% per year)
- Buy it and trade with it to exploit the swings and profit from the spread.

As you can see, it has many purposes and I am sure that within 2 months, we will have a lively market going for USDbitfnx, where you will be able to cashout/cashin multiple thousands of USD without moving the market!

I guess my question is how do I recieve the interest? Do I have to have an account there as well?

In the NXT network, it is possible to send assets. Twice each month, I will send out the dividend with USDbitfnx assets.

Example: On the dividend day, you hold 1000 USDbitfnx. The dividend for the last 2 weeks is 2%. So I will send you 20 USDbitfnx to your NXT acccount. Your final balance will be 1020 USDbitfnx then.

Everything clear?

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: dandruff1138 on July 25, 2014, 05:43:40 pm
Ok... I am not very smart man. After I purchase asset on AE, then what?

Hi,

After you purchase the USDbitfnx asset you can use it for different things:

- Hold it to diversify your NXT portfolio. This works nicely, because USD and NXT is completely uncorrelated. Holding a mix of USDbitfnx and NXT will guaranteed take volatility out of your portfolioworth. (Less swings!)
- You can directly send USD to other NXT users without bothering to check the NXT price all the time
- You can just hold it and enjoy the ~1.5% interest you will get every 2 weeks (about 50-60% per year)
- Buy it and trade with it to exploit the swings and profit from the spread.

As you can see, it has many purposes and I am sure that within 2 months, we will have a lively market going for USDbitfnx, where you will be able to cashout/cashin multiple thousands of USD without moving the market!

I guess my question is how do I recieve the interest? Do I have to have an account there as well?

In the NXT network, it is possible to send assets. Twice each month, I will send out the dividend with USDbitfnx assets.

Example: On the dividend day, you hold 1000 USDbitfnx. The dividend for the last 2 weeks is 2%. So I will send you 20 USDbitfnx to your NXT acccount. Your final balance will be 1020 USDbitfnx then.

Everything clear?

Regards

I think, thank you for the explanation, I am new to this AE thing!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: SamIbandii on July 25, 2014, 06:42:04 pm
Hello USDbitfnx,
I 'm thinking about joining. What is the current market price for 1 asset?
And because I 'm relatively new to this I'd like to know how to proceed ?


Best regards

PS: I have a NXT wallet active since July 6th.



Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 25, 2014, 06:57:50 pm
Hello USDbitfnx,
I 'm thinking about joining. What is the current market price for 1 asset?
And because I 'm relatively new to this I'd like to know how to proceed ?


Best regards

PS: I have a NXT wallet active since July 6th.

Here you can see all the info on the asset.
http://nxtreporting.com/?as=10294386916428132892

To "join," you simply purchase this asset on the Asset Exchange. Are you familiar with how that works?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: SamIbandii on July 25, 2014, 07:34:03 pm
Thanks for the quick reply.
I've studied the wiki page about the Asset Exchange.
So I think I'll manage.

Best regards from Holland,

SamIbandii
NXT-3JJY-EHRA-NWRY-ALFCT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 25, 2014, 07:59:39 pm
For this asset, instead of using the Asset Exchange, you can send Bitcoin directly to the OP, Bitfinex_USD, and s/he will send the corresponding number of USDbitfinex assets to your Nxt account. Just PM him/her for details. You can save a few percent by investing in the asset this way. Using the Asset Exchange might be the easiest way to get started, though.

Just a suggestion: Be sure to always check the Asset ID. There are some fake assets out there with the same or similar names as the valid asset, so don't rely on the name. You can check this board (https://nxtforum.org/asset-exchange-general/) to research any particular asset and be sure you have the right one.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 25, 2014, 08:04:23 pm
Hi,

yes, buying the asset on the asset exchange is currently significantly more expensive, because I want to encourage BTC deposits, so that the asset gets more liquid.

So either just log onto the exchange and buy the number of assets you want, or send me a private message requesting a BTC deposit address.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: SamIbandii on July 25, 2014, 08:58:07 pm
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 26, 2014, 12:05:22 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

I hope it's ok, too. Prompted by your post, I checked to see if my account is listed as an asset holder, and it, too, is not there. I will contact cc001, the creator of nxtreporting.com and tell him about this issue.

Is NXT-3JJY-EHRA-NWRY-ALFCT the account that has USDbitfinex? If so, what is the numeric id of that account?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jl777 on July 26, 2014, 12:06:57 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

I hope it's ok, too. Prompted by your post, I checked to see if my account is listed as an asset holder, and it, too, is not there. I will contact cc001, the creator of nxtreporting.com and tell him about this issue.
did you regenerate the asset holder list? I think it doesnt update automatically so you need to specifically click and ask to get latest list
In any case if you have assets in your wallet, you have them, regardless of what any website says
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 26, 2014, 12:09:35 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

I hope it's ok, too. Prompted by your post, I checked to see if my account is listed as an asset holder, and it, too, is not there. I will contact cc001, the creator of nxtreporting.com and tell him about this issue.
did you regenerate the asset holder list? I think it doesnt update automatically so you need to specifically click and ask to get latest list
In any case if you have assets in your wallet, you have them, regardless of what any website says

A page refresh should be enough, right?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 12:42:24 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards



It needs to be manually refreshed. I just did that, you can see yourself now in the list.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 12:45:00 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

I hope it's ok, too. Prompted by your post, I checked to see if my account is listed as an asset holder, and it, too, is not there. I will contact cc001, the creator of nxtreporting.com and tell him about this issue.

Is NXT-3JJY-EHRA-NWRY-ALFCT the account that has USDbitfinex? If so, what is the numeric id of that account?

I don't know that NXT account tbh.

Asset issuer:

Issuer RS:   NXT-BQK9-UDGP-2Q97-49H3L
Issuer ID:   2956023623281072679

Market Maker:

MM RS: NXT-3CAM-TZGK-8WZ7-FDU7Y
MM ID: 16075400751061444883
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 26, 2014, 01:42:34 am
Thanks again,
Always wise to take precautions.
I have no intention of investing in Bitcoins at this moment, so I'll start with the NXT Asset Exchange.
I did check the Asset Id before (10294386916428132892). Purchased 10 shares from NXT-3CAM-TZGK-8WZ7-FDU7Y.
Then I checked the nextreporting webpage, but cannot find myself in de table of shareholders.

I hope this is OK.

Best regards

I hope it's ok, too. Prompted by your post, I checked to see if my account is listed as an asset holder, and it, too, is not there. I will contact cc001, the creator of nxtreporting.com and tell him about this issue.

Is NXT-3JJY-EHRA-NWRY-ALFCT the account that has USDbitfinex? If so, what is the numeric id of that account?

I don't know that NXT account tbh.

Asset issuer:

Issuer RS:   NXT-BQK9-UDGP-2Q97-49H3L
Issuer ID:   2956023623281072679

Market Maker:

MM RS: NXT-3CAM-TZGK-8WZ7-FDU7Y
MM ID: 16075400751061444883

Ok, I see. A page refresh is not enough. You have to re-enter the asset id at the top, or click the "detailed version" link under the Shareholder table.

The account number I was asking about is SamIbandii's account. I just didn't know the numeric value that corresponds to the RS number. By the way, how can I find out the numeric value from the RS number, and vice-versa?
Edit: Nevermind, I'll just use nxtblocks.info, at least for accounts that have a transaction.   
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: SamIbandii on July 26, 2014, 07:20:58 am
Hello sparta_cuss,
Sorry for my late reply.
Yesterday evening, after placing the order I quickly saw in my wallet that I had 10 USDBitfnx shares. But wasn't to shure.
This morning I read your posts and checked the Nxt Asset Shareholder "Rich List" with the "backtracking tool".
All is well, I found myself as asset holder (numerical ID 10135828578646934046).

How about you?

Best regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 26, 2014, 08:48:10 am
Hello sparta_cuss,
Sorry for my late reply.
Yesterday evening, after placing the order I quickly saw in my wallet that I had 10 USDBitfnx shares. But wasn't to shure.
This morning I read your posts and checked the Nxt Asset Shareholder "Rich List" with the "backtracking tool".
All is well, I found myself as asset holder (numerical ID 10135828578646934046).

How about you?

Best regards

Yes, I am there, too. I had not been refreshing the data appropriately.
So all is well here. Thank you for asking.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 01:18:45 pm
Interest:

Day 1: $2.12
Day 2: $8.90
Day 3: $12.54

Accumulated: $23.56

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

The daily interest payment is increasing fast, this is due to huge deposits coming through every day. This also has a negative effect for the first dividend payment: Funds that where deposited later then others, will receive proportional dividend even if they weren't here in the first days. This will obviously become a lesser problem once the amount of funds deposited stays more constant.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: satoshi on July 26, 2014, 03:06:36 pm
Your momentum is steadily picking up, congrats.

The design of dividend paying asset is such that anybody buying before the payment cutoff date will enjoy the benefits of payout, there is no negative impact to early investors.
 Imagine someone buying on July 30th, not only they missed the first dividend but they will have to wait another two weeks for the payout.

It all eventually evens out in the long run.

Another request for you is to try calculating and posting the estimated payout as the dividend payment date approaches. This will help potential investors jump in at the last moment.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 03:41:37 pm
Your momentum is steadily picking up, congrats.

The design of dividend paying asset is such that anybody buying before the payment cutoff date will enjoy the benefits of payout, there is no negative impact to early investors.
 Imagine someone buying on July 30th, not only they missed the first dividend but they will have to wait another two weeks for the payout.

It all eventually evens out in the long run.

Another request for you is to try calculating and posting the estimated payout as the dividend payment date approaches. This will help potential investors jump in at the last moment.

True for the most part, but later investors that did NOT buy their USDbitfnx on the AE will influence everyone else. Nothing I can do about that sadly, but the effect will fade over time.

The projected payout per USDbitfnx is a neat idea, will implement a solid system for that in the next days.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: tersagun on July 26, 2014, 03:51:40 pm
I've waited for few days if someone else comes up with the question but seems like I'm the only one who cannot see logic behind it.

What do we do with those assets?! What if I have 1000 assets instead of 10 and noone wants to buy anymore?

I don't get the part with having the dividens as shares instead of regular coins.
Sent from my Lumia using Tapatalk
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 03:56:27 pm
I've waited for few days if someone else comes up with the question but seems like I'm the only one who cannot see logic behind it.

What do we do with those assets?! What if I have 1000 assets instead of 10 and noone wants to buy anymore?

I don't get the part with having the dividens as shares instead of regular coins.
Sent from my Lumia using Tapatalk

I answered this question in parts already:


After you purchase the USDbitfnx asset you can use it for different things:

- Hold it to diversify your NXT portfolio. This works nicely, because USD and NXT is completely uncorrelated. Holding a mix of USDbitfnx and NXT will guaranteed take volatility out of your portfolioworth. (Less swings!)
- You can directly send USD to other NXT users without bothering to check the NXT price all the time
- You can just hold it and enjoy the ~1.5% interest you will get every 2 weeks (about 50-60% per year)
- Buy it and trade with it to exploit the swings and profit from the spread.

As you can see, it has many purposes and I am sure that within 2 months, we will have a lively market going for USDbitfnx, where you will be able to cashout/cashin multiple thousands of USD without moving the market!

In addition:
What happens when no one wants to buy those assets anymore? --> just redeem them and cashout BTC or NXT. The facevalue of those assets will always be 1 USD.

Dividends are in shares because it is the only thing that makes sence. Most people will buy this asset to hold it for the interest. If you get NXT as dividends you lose the compounded interest effect. Also the interest on bitfinex is also paid in USD, so it only makes sence to increase everyones shares from the balance.

Still something unclear?

Regrads
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: tersagun on July 26, 2014, 03:58:53 pm
You can redeem those shares? If so how; you will be buying them back for 1$?

If that's the case all is clear on my side.
Sent from my Lumia using Tapatalk
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 04:10:44 pm
You can redeem those shares? If so how; you will be buying them back for 1$?

If that's the case all is clear on my side.
Sent from my Lumia using Tapatalk

If someone wants to cash out rather than selling, I will sell some of the USD on bitfinex and send the BTC or nxt to that person.

As I said for every asset hold by other people, one USD will be held on bitfinex. This will soon be audited by the forum administrator too.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: tersagun on July 26, 2014, 04:18:07 pm
Thanks for the this info.

I haven't seen this mentioned before ( maybe I've missed it) that you will be offering buyback option.

Because without a firm "exit method" I cannot see how this differs from a ponzi (or maybe pyramid, not really sure which but you've got the idea) scheme.
Sent from my Lumia using Tapatalk
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: satoshi on July 26, 2014, 05:00:12 pm
Just stepping in to help out a fellow asset issuer:

This is a fairly liquid market, about 127,000 NXT volume this week.
Exit strategy is not a problem.

There are 99 different NXT account holders who own this asset.
http://www.nxtreporting.com/shareholder.php?a=10294386916428132892&show_qnt=

With large number of asset holders it easily rules out any scam.

Paying assets as dividends is a unique strategy on NXT AE but it is quite common on regular stock markets.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 05:01:11 pm
Thanks for the this info.

I haven't seen this mentioned before ( maybe I've missed it) that you will be offering buyback option.

Because without a firm "exit method" I cannot see how this differs from a ponzi (or maybe pyramid, not really sure which but you've got the idea) scheme.
Sent from my Lumia using Tapatalk

I mentioned in the opening post that you can withdraw BTC. But yes I will make that more clear!

Thank you, regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: frohlocke on July 26, 2014, 05:03:32 pm
Just stepping in to help out a fellow asset issuer:

This is a fairly liquid market, about 127,000 NXT volume this week.
Exit strategy is not a problem.

There are 99 different NXT account holders who own this asset.
http://www.nxtreporting.com/shareholder.php?a=10294386916428132892&show_qnt=

With large number of asset holders it easily rules out any scam.

Paying assets as dividends is a unique strategy on NXT AE but it is quite common on regular stock markets.
Disagree: Not common
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 05:09:23 pm
127k is not liquid IMO.

Also most stakeholder have 1 free asset. 100 is also not so much really.

Stock market rarely does that yes and when they do it is called thesaurized iirc
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: satoshi on July 26, 2014, 05:20:48 pm
http://www.nasdaq.com/markets/upcoming-splits.aspx

It has dried up in recent years, but back in 90's stock splits were all the rage. Companies like Microsoft, Dell were offering 2 for 1 stock splits almost on annual basis. It is kind of nostalgic, I won't go into much details here, but numerous millionaires were made because of the these stocks.

If you check the link on NxtReporting, you will see asset 10 asset holders with highest number of shares, roughly estimating about 7500 assets of USDbitfnx, no small feat for a newly listed company. This is the true love from NXT community.

You would need to spend a few months at least to build some reputation with some solid dividends before you start getting people's attention.

Imho, you are doing great for a newly listed asset  ;D
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 05:29:42 pm
It will definitely take some time to establish myself.

@stocksplits: that is not like paying dividends with the same asset. 99.9% pay in fiat roughly. In 0.01% a asset dividend is played at mergers and acquisitions.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: frohlocke on July 26, 2014, 05:34:29 pm
http://www.nasdaq.com/markets/upcoming-splits.aspx

It has dried up in recent years, but back in 90's stock splits were all the rage. Companies like Microsoft, Dell were offering 2 for 1 stock splits almost on annual basis. It is kind of nostalgic, I won't go into much details here, but numerous millionaires were made because of the these stocks.

Stock splits are not dividends.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: satoshi on July 26, 2014, 05:58:30 pm
http://www.nasdaq.com/markets/upcoming-splits.aspx

It has dried up in recent years, but back in 90's stock splits were all the rage. Companies like Microsoft, Dell were offering 2 for 1 stock splits almost on annual basis. It is kind of nostalgic, I won't go into much details here, but numerous millionaires were made because of the these stocks.

Stock splits are not dividends.

ok, my bad

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 26, 2014, 11:23:30 pm
With the price for 1 USD being around 22,5 - 23,00  NXT I have increased my ASK price to 24.25 NXT/USDbitfnx. I still want to encourage the direct deposits, as they increase the liquidity immediately!

1300 USDbitfnx up for sale.

Edit: Price of NXT declined some more, due to a retard posting a 500k sell order...
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: cobaltskky on July 27, 2014, 04:24:35 am
With the price for 1 USD being around 22,5 - 23,00  NXT I have increased my ASK price to 24.25 NXT/USDbitfnx. I still want to encourage the direct deposits, as they increase the liquidity immediately!

1300 USDbitfnx up for sale.

Edit: Price of NXT declined some more, due to a retard posting a 500k sell order...

MICoin feels your pain: https://nxtforum.org/assets-board/(ann)(micoin)the-most-interesting-coin-in-the-world-pure-90-pom/msg71195/#msg71195
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 27, 2014, 11:44:15 am
What is the current balance of the bitfinex account?
The name of the USDbitfnx account is: NXTpassthrough
Current balance of the account: $12450
(http://i.imgur.com/D42uyza.png)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 27, 2014, 11:49:25 am
Interest:

Day 1: $2.12
Day 2: $8.90
Day 3: $12.54
Day 4: $14.77

Accumulated: $38.33

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Projected total payout on day 7/8: $86.33
Projected payout per USDbitfnx on day 7/8: 0.0072USDbitfnx/USD   (7.2 USDbitfnx per 1000 USDbitfnx)

The actual payout per 1000 USDbitfinx will eventually even out at around 0.8-1%

Regards

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 27, 2014, 10:54:46 pm
(http://i.imgur.com/LkyAFf8.png)

I added some more details to the spreadsheet, also two graphs to visialize the datas.

If you have anymore requests, just let me know!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 27, 2014, 11:20:59 pm
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 27, 2014, 11:22:25 pm
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 27, 2014, 11:45:50 pm
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?

Not your account. From Bitfines. Do you have access to their data?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 27, 2014, 11:49:29 pm
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?

Not your account. From Bitfines. Do you have access to their data?

I don't have access to personalised data, as what account makes what trade. Also you don't know who you lend your money too. Totally anonymous sytem introduced by bitfinex.

For stats about the lending rates and such (also historical): http://www.bfxdata.com/swapstats/usd.php
For stats and graphs about volume and price, check out this wonderful site: https://bitcoinwisdom.com/markets/bitfinex/btcusd

Or do I missunderstand you, and you want something completely different?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 27, 2014, 11:59:51 pm
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?

Not your account. From Bitfines. Do you have access to their data?

I don't have access to personalised data, as what account makes what trade. Also you don't know who you lend your money too. Totally anonymous sytem introduced by bitfinex.

For stats about the lending rates and such (also historical): http://www.bfxdata.com/swapstats/usd.php
For stats and graphs about volume and price, check out this wonderful site: https://bitcoinwisdom.com/markets/bitfinex/btcusd

Or do I missunderstand you, and you want something completely different?

I will describe what I am interested in, and you tell me what sort of data/chart this might correspond to.

Your asset (in which I am investor) pays dividends as a result of the liquidity that it provides traders at Bitfinex, and the per-trade fees that Bitfinex charges, correct? So I want to see how many trades (in other words, how many fees) Bitfinex traders trade. This can be on a per-dollar basis, or per-trader basis, or perhaps something else. I want to see this data over time so that I have a sense for whether dividends of USDbitfinex are on the rise or the wane. Does what I am asking for, and why I am asking for it, make sense? If I misunderstand how your asset or Bitfinex works, please correct me.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 12:03:50 am
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?

Not your account. From Bitfines. Do you have access to their data?

I don't have access to personalised data, as what account makes what trade. Also you don't know who you lend your money too. Totally anonymous sytem introduced by bitfinex.

For stats about the lending rates and such (also historical): http://www.bfxdata.com/swapstats/usd.php
For stats and graphs about volume and price, check out this wonderful site: https://bitcoinwisdom.com/markets/bitfinex/btcusd

Or do I missunderstand you, and you want something completely different?

I will describe what I am interested in, and you tell me what sort of data/chart this might correspond to.

Your asset (in which I am investor) pays dividends as a result of the liquidity that it provides traders at Bitfinex, and the per-trade fees that Bitfinex charges, correct? So I want to see how many trades (in other words, how many fees) Bitfinex traders trade. This can be on a per-dollar basis, or per-trader basis, or perhaps something else. I want to see this data over time so that I have a sense for whether dividends of USDbitfinex are on the rise or the wane. Does what I am asking for, and why I am asking for it, make sense? If I misunderstand how your asset or Bitfinex works, please correct me.

There is a small missunderstanding yes. Basically traders that want to increase leverage on their BTC long positions (they hope for the price to rise) borrow USD to buy more BTC than they could otherwise buy. For this they pay interest (called swap payment on bitfinex). This is the only part, that I receive as interest, I get no share in trading fees that those traders make.

To see how high the swap rate (interest rate) was over time, just go to this site: http://www.bfxdata.com/swapstats/usd.php and choose a bigger time horizont on the "LAST USD SWAPS" chart.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 28, 2014, 12:07:30 am
I know that you are not the same as Bitfinex, but could you provide some data in chart form from them? I would be particularly interested in seeing how many trades per account or trades per dollar are executed on a daily basis.

Sorry I don't understand fully. Do you mean data from my account, or Bitfinex in general?

Not your account. From Bitfines. Do you have access to their data?

I don't have access to personalised data, as what account makes what trade. Also you don't know who you lend your money too. Totally anonymous sytem introduced by bitfinex.

For stats about the lending rates and such (also historical): http://www.bfxdata.com/swapstats/usd.php
For stats and graphs about volume and price, check out this wonderful site: https://bitcoinwisdom.com/markets/bitfinex/btcusd

Or do I missunderstand you, and you want something completely different?

I will describe what I am interested in, and you tell me what sort of data/chart this might correspond to.

Your asset (in which I am investor) pays dividends as a result of the liquidity that it provides traders at Bitfinex, and the per-trade fees that Bitfinex charges, correct? So I want to see how many trades (in other words, how many fees) Bitfinex traders trade. This can be on a per-dollar basis, or per-trader basis, or perhaps something else. I want to see this data over time so that I have a sense for whether dividends of USDbitfinex are on the rise or the wane. Does what I am asking for, and why I am asking for it, make sense? If I misunderstand how your asset or Bitfinex works, please correct me.

There is a small missunderstanding yes. Basically traders that want to increase leverage on their BTC long positions (they hope for the price to rise) borrow USD to buy more BTC than they could otherwise buy. For this they pay interest (called swap payment on bitfinex). This is the only part, that I receive as interest, I get no share in trading fees that those traders make.

To see how high the swap rate (interest rate) was over time, just go to this site: http://www.bfxdata.com/swapstats/usd.php and choose a bigger time horizont on the "LAST USD SWAPS" chart.

Regards

I see. Yes, I was misunderstanding the asset. (I still like it!  :) ) Thank you for the clarification.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 12:08:45 am
No problem!

Also I will try to get audited tomorrow by Damelon. Hope he has time!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 12:20:30 am
I hope some day in the near future, it will be possible to buy NXT assets using Fiat.

This would be so awesome, if users of my asset, could just buy USDbitfnx with USD and cashout USD again.

The endgame would be: USDbitfnx becomes so liquid, that the spread is extremely close to the "real" value and people averse to cryptocurrency swings, could just hold USDbitfnx instead of NXT and when they need NXT, they just exchange it.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 12:57:41 am
Interest:

Day 1: $2.12
Day 2: $8.90
Day 3: $12.54
Day 4: $14.77
Day 5: $15.28

Accumulated: $53.61

(http://i.imgur.com/xh8fXl5.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Projected total payout on day 7/8: $85.61
Projected payout per USDbitfnx on day 7/8: 0.0068USDbitfnx/USD   (6.8 USDbitfnx per 1000 USDbitfnx)

The actual payout per 1000 USDbitfinx will eventually even out at around 0.8-1% (per week)

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 06:52:28 pm
Due to the bad developement of BTC/USD and NXT/BTC I had to increase the ASK order to 25.25 NXT/USDbitfnx
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 28, 2014, 07:55:10 pm
Just crossposted this topic to bitcointalk.org: https://bitcointalk.org/index.php?topic=714622.0
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 29, 2014, 12:55:26 am
Daily Interest Update:

Only 1 more day till the first dividend will be paid!

Day 1: $2.12
Day 2: $8.90
Day 3: $12.54
Day 4: $14.77
Day 5: $15.28
Day 6: $15.94

Accumulated: $69.55

(http://i.imgur.com/9lIDW9u.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Projected total payout on day 7/8: $85.61
Projected payout per USDbitfnx on day 7/8: 0.0068USDbitfnx/USD   (6.8 USDbitfnx per 1000 USDbitfnx)

The actual payout per 1000 USDbitfinx will eventually even out at around 0.8-1% (per week)

Regards

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Damelon on July 29, 2014, 05:20:39 pm
I just did the first audit of the account and can confirm that the tally on the account agrees with the tally in the google doc on the first page.

No withdrawals were made from the account.

I have asked for a CSV file of the account to be made available to me every audit, so i have a seperate administration should anything happen.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 29, 2014, 08:51:00 pm
We have been added to coinist.co a coin and asset rating site. Please leave some constructive feedback of this asset here: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 30, 2014, 02:13:58 am
Dividend Payment was successfully sent!

A total of 82 USDbitfnx assets (incl. 5% fee) were distributed to all asset holders. This time the 1 NXT transaction fee was NOT deducted from the amount, thus resulting in <10 USDbitfnx holders also getting a dividend! This was a one time gift from me, so please don't expect this in the future!

Day 1: $2.12
Day 2: $8.90
Day 3: $12.54
Day 4: $14.77
Day 5: $15.28
Day 6: $15.94
Day 7: $15.98

Accumulated: $85.53

https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

The next dividend will be paid in exactly 2 weeks!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on July 30, 2014, 03:20:53 am
Thank you, mystery guest. I got mine!

In the spreadsheet, can you show the dividend payout as a net (minus your fee) percentage of holdings? I realize that this is dependent upon activity within Bitfinex, but I'm still curious to see what I am getting as a percentage of the asset. 
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on July 30, 2014, 06:47:32 am
Quote
In the spreadsheet, can you show the dividend payout as a net (minus your fee) percentage of holdings? I realize that this is dependent upon activity within Bitfinex, but I'm still curious to see what I am getting as a percentage of the asset.

Bitfinex_USD has posted the information in the asset transfer. Here it is:

Dividend total: $81.25
Dividend per USDbitfnx 0.0064 USDbitfnx

@Bitfinex_USD: Many thanks for the first divident payment!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: profitofthegods on July 30, 2014, 08:33:07 am
If you own a small amount and your dividend is less than 1 NXT, does payout get paused and your balance accumulate, or does it just cancel out so that you never get anything?

Please ignore me - I need to engage my brain before asking questions. I skimmed my transactions and saw 0.something dividend and for some reason assumed that was 0.something NTX, but of course it is denominated in USD not NXT.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Shrapnel on July 30, 2014, 08:42:19 am
Got the dividend payment. Keep up the good work  ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: cr7yp on July 30, 2014, 08:48:08 am
Hope i'm not too late  :D

NXT-NQL9-KQ9Q-P37H-2EJ8U
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 30, 2014, 01:09:07 pm
Thank you, mystery guest. I got mine!

In the spreadsheet, can you show the dividend payout as a net (minus your fee) percentage of holdings? I realize that this is dependent upon activity within Bitfinex, but I'm still curious to see what I am getting as a percentage of the asset. 

As abrax said, the 0.0064USDbitfnx/USDbitfnx is the percentage. In this case: 0.64%

Got the dividend payment. Keep up the good work  ;)

Thank you, that means alot!

Hope i'm not too late  :D

NXT-NQL9-KQ9Q-P37H-2EJ8U

Too late for what exactly?

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Jacinto on July 30, 2014, 01:11:04 pm
Thank you for the first "dividends"!

Amazing work you are doing here!  :)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 30, 2014, 01:12:46 pm
Thank you for the first "dividends"!

Amazing work you are doing here!  :)

Thank you!

If someone got time, please leave some constructive feedback at the rating site: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: satoshi on July 30, 2014, 03:08:21 pm
dividend received Thank you.

Placed a bid for some more USDbitfnx   ;D
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: igmaca on July 30, 2014, 03:16:57 pm
thank you  :D.
good news
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: SamIbandii on July 30, 2014, 06:31:25 pm
Hello USBitfinex_USD,
Received dividend. That's great!
And what I like is that all can easily be monitored on nxtreporting.com.

And I hope that every two weeks there will be less people who still hesitate about this asset.

Wish you lots of succes!
 
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 30, 2014, 06:37:23 pm
Hello USBitfinex_USD,
Received dividend. That's great!
And what I like is that all can easily be monitored on nxtreporting.com.

And I hope that every two weeks there will be less people who still hesitate about this asset.

Wish you lots of succes!
 

Glad to provide a valuable service.

Nxtreporting is a really awesome site, yes. Really smooth and intuitive handling!

Thank you, sir! I hope this takes off and we can reach a capitalization of >100,000 USD , so that liquidity on the market will be a non-issue.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: joseginxt on July 30, 2014, 09:32:53 pm
Received
Very good job
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 31, 2014, 12:02:08 am
As the price of 1 USD just got significantly higher calculated in NXT, I had to change the ASK order to 26.75 NXT/USDbitfnx

http://www.nxtreporting.com/stats.php --> 24.65 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: cimot on July 31, 2014, 09:51:14 am
i still looking to buy nxt via paypal
but its look great  ;D

NXT-VVAS-ZY49-9RRU-AE59Q
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on July 31, 2014, 02:43:39 pm

The price of 1 USD just recovered calculated in NXT, I changed the ASK order to 25.25 NXT/USDbitfnx

http://www.nxtreporting.com/stats.php --> 23,50 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 01, 2014, 01:10:44 am
Interest, Week 2-3:

Day 1: $15.44
Day 2: $15.57


Accumulated: $31.01

Projected total payout on day 14/15: $226.8
Projected payout per USDbitfnx on day 14/15: 0.01512USDbitfnx/USD   (15.12 USDbitfnx per 1000 USDbitfnx)

The actual payout per 1000 USDbitfinx will eventually even out at around 15-20USDbitfnx (every 2 weeks)

(http://i.imgur.com/lvw44Hm.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml



Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on August 01, 2014, 02:41:31 am
The actual payout per 1000 USDbitfinx will eventually even out at around 15-20USDbitfnx (every 2 weeks)
[/b]

Check my math, but I think that is an annual rate of 47-67%!!!!  :o
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 01, 2014, 02:54:00 am
Yes, the currently expected yearly return will be around this percentage. But this is obviously depending on the development of the swap rate on bitfinex.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: abctc on August 01, 2014, 07:36:26 am
i still looking to buy nxt via paypal
..
- you can do this at p2p exchange nxtex.net (https://nxtforum.org/index.php?topic=3841.0).

USDbitfnx is a great asset, but it is not about buying NXT (actually it is about selling NXT or BTC).
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 01, 2014, 03:38:32 pm
The price of 1 USD just recovered calculated in NXT, I changed the ASK order to 23.99 NXT/USDbitfnx

http://www.nxtreporting.com/stats.php --> 22,75 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: a7594li on August 02, 2014, 07:10:33 am
its look great!
can u send me some for test?
NXT-KQ74-NY5D-2J8J-2ZPT2
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 02, 2014, 01:10:23 pm
its look great!
can u send me some for test?
NXT-KQ74-NY5D-2J8J-2ZPT2

Hi a7594li,

I can't just send out assets because every USD must be accounted for. The promotion I run, I had deposited extra USD into that account and sent out my own funds.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on August 02, 2014, 01:43:29 pm
No interest yesterday? Theres is no entry in your Sheet...
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 02, 2014, 01:45:26 pm
No interest yesterday? Theres is no entry in your Sheet...

There was interest. Just didn't yet updated.

It is now fixed.

Regards:)

(Edit: Now)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on August 02, 2014, 02:01:21 pm
+1  :D
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: joseginxt on August 02, 2014, 04:37:32 pm
its look great!
can u send me some for test?
NXT-KQ74-NY5D-2J8J-2ZPT2

right now it is easy to buy

1 USDbitfnx = 23 NXT = 0.001817 BTC

Luck
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 02, 2014, 04:39:41 pm
its look great!
can u send me some for test?
NXT-KQ74-NY5D-2J8J-2ZPT2

right now it is easy to buy

1 USDbitfnx = 23 NXT = 0.001817 BTC

Luck

Yes, and 23 NXT * 0.00007550 * 585 = 1,015 USD

But sending BTC directly is still the cheapest.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 04, 2014, 08:00:15 pm
Interest, Week 2-3:

Day 1: $15.44
Day 2: $15.57
Day 3: $15.82
Day 4: $15.44
Day 5: $15.37


Accumulated: $77.64

Projected total payout on day 14/15: $217
Projected payout per USDbitfnx on day 14/15: 0.01496USDbitfnx/USD   (14.96 USDbitfnx per 1000 USDbitfnx)

The actual payout per 1000 USDbitfinx will eventually even out at around 15-20USDbitfnx (every 2 weeks)

(http://i.imgur.com/U4wCBa6.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml



Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: KarlKarlsson on August 05, 2014, 05:40:53 pm
Is there enough liquidity to buy the assets directly on the AE? Would think about joining your project if my order gets filled - would make it little below USD 1  ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 05, 2014, 05:58:48 pm
Is there enough liquidity to buy the assets directly on the AE? Would think about joining your project if my order gets filled - would make it little below USD 1  ;)

Well, I will always offer USDbitfnx at around 2-5% markup, you can also send funds to my account directly. But for small amounts of funds you are best off not buying it really. 1 USDbitfnx is even to small to receive interest, because the 1 NXT fee would be higher than the dividend!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: KarlKarlsson on August 05, 2014, 06:09:21 pm
I wasn't talking about investing 1 US-Dollar  :)

I invest if you offer me a sell order in the AE at 22.80 or if I can send you 2280 Nxt - both equal 100 assets at current market rates.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 05, 2014, 06:19:29 pm
I wasn't talking about investing 1 US-Dollar  :)

I invest if you offer me a sell order in the AE at 22.80 or if I can send you 2280 Nxt - both equal 100 assets at current market rates.

Oh, yeah I missinterpreted that. Sorry.

What happens when you send NXT to me is I will sell it on BTER, send to bitfinex and sell for USD. Whatever amount gets to bitfinex is what you get. No fees charged from my side.  That being said, you will probally get a worse rate than 22.8 due to slippage and exchange fees.

I am not running a bucket shop, so I can't sell USDbitfnx without transfering USD to bitfinex. So I can't just sell USDbitfnx @ cost, as I also need to cover my fees. But, you can offer a BID on the AE and one of the existing stakeholder could sell into you, or the price could move again ;)

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 09, 2014, 05:35:56 pm
Interest, Week 2-3:

Day 1: $15.44
Day 2: $15.57
Day 3: $15.82
Day 4: $15.44
Day 5: $15.37
Day 6: $14.81
Day 7: $14.20
Day 8: $14.16
Day 9: $14.53
Day 10: $14.07

Accumulated: $149.41

Projected total payout on day 14/15: $210
Projected payout per USDbitfnx on day 14/15: 0.01346USDbitfnx/USD   (13.46 USDbitfnx per 1000 USDbitfnx)


(http://i.imgur.com/JNtkZJe.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 09, 2014, 06:55:09 pm
Arbitrage opportunity!

Currently price of 1 USD ~ 26.25 NXT, but there are 2 ASKs for 24.9NXT and 25 NXT!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on August 10, 2014, 11:40:45 am
When I look at your overview sheet there seems to a a slight decrease in interest per day (%) over time, although the ballance is incresing (also slightly). Is there a reason for this or is this only an randon effect?


Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 10, 2014, 11:55:46 am
The daily interest rate the borrowers are willing to pay is decreasing. This is most likely die to stagnant markets.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on August 10, 2014, 11:58:27 am
Quote
The daily interest rate the borrowers are willing to pay is decreasing. This is most likely die to stagnant markets.

Thanks for the explanation!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 13, 2014, 03:03:09 am
TOMORROW IS DIVIDEND DAY!

Interest, Week 2-3:

Day 1: $15.44
Day 2: $15.57
Day 3: $15.82
Day 4: $15.44
Day 5: $15.37
Day 6: $14.81
Day 7: $14.20
Day 8: $14.16
Day 9: $14.53
Day 10: $14.07
Day 11: $14.17
Day 12: $12.60
Day 13: $13.46
Day 14: $13.53

Accumulated: $203.17

Projected total payout on day 14/15: $216
Projected payout per USDbitfnx on day 14/15: 0.0138USDbitfnx/USD   (13.8 USDbitfnx per 1000 USDbitfnx)


(http://i.imgur.com/roiAo47.png)

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Regards

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: DrearyUrbanite on August 13, 2014, 03:06:39 am
Good job! Keep up the great work!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 13, 2014, 03:08:34 am
Good job! Keep up the great work!

Thank you! Will definately do.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 14, 2014, 12:33:14 am
Don't forget today is dividend day :)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 14, 2014, 04:52:08 am
I have just successfully paid out 205.32 USDbitfnx in dividend.

Message attached to the dividend payment:
Quote
This is the Week 2+3 Dividend Payment!                   
This round, the 1 NXT will be deducted from the dividends.                  
If the dividend amount is below 0.1 USDbitfnx, the dividend will be noted for that account and accumulated.                  
Dividend total: $205,32                  
Total outstanding USDbitfnx not in the issuer account: $15393,11                  
Dividend per USDbitfnx 0.01314 USDbitfnx                   
Please leave some feedback here:                   
Main thread: https://nxtforum.org/index.php?topic=3884.0                  
Post rating here: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l                  

If you have not received your payment, contact me please.

Next dividend payment will be in exactly 14 days!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Abraxas 147 on August 14, 2014, 05:04:26 am
Received  :) Great work!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Pilot on August 14, 2014, 05:40:50 am
I'm curious if the estimated 60% return per year takes into account the compounding? If so, is it compounding every week, or does it depend on how long you loan out the swaps on bitfinex?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 14, 2014, 02:52:55 pm
Swap payments on bitfinex are simple interest . but I loan it out instantly after receiving interest. Thus makes the stream like compounding interest.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Hooch73 on August 18, 2014, 05:08:09 am
Hello

As a small investor in your Asset I would like to ask a question. Please forgive me if this seems uninformed, however I am new to NXT and the AE. 

Questions :
1) As your assets are held in USD, how are you hedged against a NXT price rise to (for example only : NXT 1.00 : USD 10) compared to the current price of approx NXT 1 : USD 0.04) ?   
2) How will the asset price be affected if NXT goes to NXT1 : USD 10 considering the underlying asset is in USD ? 
3) Will the Asset price reduce accordingly, as the underlying asset is USD, negating the asset holders opportunity to take advantage of a rising NXT : USD rate ?

Thanks for the great returns to date - well received
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Irontiga on August 18, 2014, 05:26:35 am
Hello

As a small investor in your Asset I would like to ask a question. Please forgive me if this seems uninformed, however I am new to NXT and the AE. 

Questions :
1) As your assets are held in USD, how are you hedged against a NXT price rise to (for example only : NXT 1.00 : USD 10) compared to the current price of approx NXT 1 : USD 0.04) ?   
2) How will the asset price be affected if NXT goes to NXT1 : USD 10 considering the underlying asset is in USD ? 
3) Will the Asset price reduce accordingly, as the underlying asset is USD, negating the asset holders opportunity to take advantage of a rising NXT : USD rate ?

Thanks for the great returns to date - well received

correct me if i'm wrong but i believe that

-if nxt price goes to 10 usd, then usdbitfenix price drops to 0.1nxt
-if nxt drops to 0.001 usd, then usdbitfenix price goes to 1000nxt,
-it is safe, if nxt completely dies, then you could cash out for btc

all that the asset exchange listing does is make it easy to manage
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 18, 2014, 06:30:05 am
Correct, irontiga. The assetprise is the inverse of Bitcoinprice*NXT/BTC. 

Example: Bitcoinprice= 500$
NXT/BTC = 0.00005
Asset price = 1 / (500*0.00005) = 40NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on August 18, 2014, 07:26:14 am
I might have missed it, but how does one cash out?

Just send you a PM, send the asset back and recieve BTC/NXT at a chosen adress?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 18, 2014, 07:30:59 am
I might have missed it, but how does one cash out?

Just send you a PM, send the asset back and recieve BTC/NXT at a chosen adress?

Exactly. The current fee for that is
BTC: 0.1% exchange fee + 0.5% personal fee
NXT: 0.1% + 0.2% exchangefee + 0.5% personal fee

But you can always post a sell offer on the asset exchange and thus try to get a better price. Once this asset has much liquidity, it will always be possible to find a counterparty, because cashing out will give you 99.2% of the asset and most people will be happy to pay more than 0.992 USD per USD :D
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: humbot on August 29, 2014, 05:09:35 am
Next dividend payout date?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on August 29, 2014, 08:37:30 am
Next dividend payout date?

It should have happend two days ago.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: humbot on August 29, 2014, 11:59:27 am
Next dividend payout date?

It should have happend two days ago.

Was there a dividend or not? The USDbitfnx spreadsheet has not been updated since the 24th.
https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on August 29, 2014, 01:11:37 pm
Next dividend payout date?

It should have happend two days ago.

Was there a dividend or not? The USDbitfnx spreadsheet has not been updated since the 24th.
https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

No, I have not received a dividend.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 29, 2014, 03:59:00 pm
Sorry guys for the bad communication: I was called to a suddne businesstrip. I will try to payout the dividend today. No worries for the funds, they are safe and I will soon make a new auditing with damelon.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on August 29, 2014, 04:13:49 pm
Sorry guys for the bad communication: I was called to a suddne businesstrip. I will try to payout the dividend today. No worries for the funds, they are safe and I will soon make a new auditing with damelon.

Regards

It's ok. But these things should be communicated. A short message to let investors know what's going in takes no longer than a toilet break.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 30, 2014, 03:24:39 pm
Paid out everything.

Message attached:

This is the Week 4+5 Dividend Payment!                   
This round, the 1 NXT will be deducted from the dividends.                  
If the dividend amount is below 0.1 USDbitfnx, the dividend will be noted for that account and accumulated.                  
Dividend total: $123,04                  
Total outstanding USDbitfnx not in the issuer account: $16408                  
Dividend per USDbitfnx 0.00749 USDbitfnx                   
Please leave some feedback here:                   
Main thread: https://nxtforum.org/index.php?topic=3884.0                  
Post rating here: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l                  

All details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on August 30, 2014, 03:25:46 pm
Sorry again for the delay, normally the dividend and the updates sould be made instantly, but due to the circumstances that was not possible. I should have announced that though.

Regards!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: PoofKnuckle on August 30, 2014, 09:00:46 pm
Thank you!

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on September 05, 2014, 03:45:38 am
I see that it has been almost a week since the spreadsheet was updated. Is anything wrong?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 05, 2014, 04:01:47 pm
I see that it has been almost a week since the spreadsheet was updated. Is anything wrong?

Nothing is wrong. I will be back at home in a few days from the businesstrip. My hotel has very shitty internet and I dislike logging into sensitive accounts from non-secure lines.

Will update the spreadsheet now.

Also once I am home I will contact damelon and we will do the second auditing.

Sorry guys, I know this looks very unprofessionally.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 05, 2014, 04:07:03 pm
How do you get so high interest rates, while the FRR is so low?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 05, 2014, 04:09:08 pm
How do you get so high interest rates, while the FRR is so low?

I don't use Flash return rates. But even the Fixed return rates are down big time, due to the uncertainty in the markets.

Usually I am 10-15% over FRR
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 06, 2014, 11:34:46 am
How do you get so high interest rates, while the FRR is so low?

I don't use Flash return rates. But even the Fixed return rates are down big time, due to the uncertainty in the markets.

Usually I am 10-15% over FRR

How can you get higher rates than FRR is there's already people often offering loans for less than the FRR?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 06, 2014, 01:47:55 pm
With a good strategy of loaning, you can certainly fetch loans that pay above the market rates ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on September 14, 2014, 03:30:38 pm
So, dividends today?

Also, when's the next audit due? It was supposed to be once a month, right?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 14, 2014, 03:35:44 pm
With a good strategy of loaning, you can certainly fetch loans that pay above the market rates ;)

What do you mean? There are often sell (lend) offers even under the FRR, how do you expect to get much than the FRR? Nobody would accept those offers.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 02:00:47 am
So, dividends today?

Also, when's the next audit due? It was supposed to be once a month, right?

I contacted Damelon today but he wasn't online until now. Will do the audit asap.

The dividend will be sent out tomorrow.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 02:01:33 am
With a good strategy of loaning, you can certainly fetch loans that pay above the market rates ;)

What do you mean? There are often sell (lend) offers even under the FRR, how do you expect to get much than the FRR? Nobody would accept those offers.

Atm I am extremely close to the FRR. But once the loans are pretty volatile, there is quite a big spread between FRR and Fixed loans.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:05:52 pm
Just finished the dividend payments!

If you feel that you were missed out, shoot me a PM.

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:06:06 pm
Audit will be done today by Damelon.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:06:50 pm
Starting from now on the dividend will be paid once a month.

As the interest declined significantly on the Bitfinex swapmarkets, it makes much more sense this way!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: _mr_e on September 15, 2014, 07:10:47 pm
Starting from now on the dividend will be paid once a month.

As the interest declined significantly on the Bitfinex swapmarkets, it makes much more sense this way!

As long as it's still compounded bi weekly!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: _mr_e on September 15, 2014, 07:11:54 pm
Also, have you seen the new dividend payment system located inside the nxtServices MGW build?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:13:39 pm
Starting from now on the dividend will be paid once a month.

As the interest declined significantly on the Bitfinex swapmarkets, it makes much more sense this way!

As long as it's still compounded bi weekly!

The interest is basically compounded daily, as I reinvest USD once it hits the 10 USD treshhold. (This happens every 3 days or once another loan runs out)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:14:02 pm
Also, have you seen the new dividend payment system located inside the nxtServices MGW build?

Yes, but this only works for NXT dividends, not asset dividends afaik.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: valarmg on September 15, 2014, 07:31:31 pm
Also, have you seen the new dividend payment system located inside the nxtServices MGW build?

Yes, but this only works for NXT dividends, not asset dividends afaik.

No, an early version only worked for NXT. It's been working with asset dividends for a while now.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 07:33:51 pm
Also, have you seen the new dividend payment system located inside the nxtServices MGW build?

Yes, but this only works for NXT dividends, not asset dividends afaik.

No, an early version only worked for NXT. It's been working with asset dividends for a while now.

Oh, very good to know for future references!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 08:12:21 pm
The account was just audited by Damelon and he will confirm that everything is according to the spreadsheet (off by <2 USD).


Thank you Damelon!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Damelon on September 15, 2014, 08:13:29 pm
I confirm that I have audited the accounts and they match up with the sheet.
I also have a CSV with all data, by the way, for my own accounting.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: _mr_e on September 15, 2014, 08:26:03 pm
The account was just audited by Damelon and he will confirm that everything is according to the spreadsheet (off by <2 USD).

What a SCAM. Where did that 2 USD go!? :P :P :P
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Pilot on September 15, 2014, 08:29:38 pm
The account was just audited by Damelon and he will confirm that everything is according to the spreadsheet (off by <2 USD).

What a SCAM. Where did that 2 USD go!? :P :P :P

It depends. Are there 2 more assets than USD at Bitfinex, if so WOOT!. If the other way, scam. ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 08:30:10 pm
The account was just audited by Damelon and he will confirm that everything is according to the spreadsheet (off by <2 USD).

What a SCAM. Where did that 2 USD go!? :P :P :P

The amount on dividend day was off by 30-40 cents! ;)

With deposits and withdrawals I did round them to the nearest full USD, will do exact accounting in the future ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Pilot on September 15, 2014, 08:36:46 pm
So, what is the current/projected interest this is paying now?

You stated the interest amount has been lower recently?

I wan't to invest a bit, but BTC dropped so sharply recently I'm am holding off. Hope BTC gets back to $600 or so over the next month.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 15, 2014, 08:41:16 pm
it is at 17% per anno.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 16, 2014, 01:19:41 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on September 16, 2014, 01:27:18 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.

Yes, at least I did.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 16, 2014, 01:34:34 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.

Yes, at least I did.

For what is worth, I only have 1 share, I just wanted to try the asset exchange.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on September 16, 2014, 01:50:51 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.

Yes, at least I did.

For what is worth, I only have 1 share, I just wanted to try the asset exchange.

Then that's probably why. The cost of sending out a dividend like that is too much. Needs to be accumulated.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Rothbard on September 16, 2014, 02:46:40 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.

Yes, at least I did.

For what is worth, I only have 1 share, I just wanted to try the asset exchange.

Then that's probably why. The cost of sending out a dividend like that is too much. Needs to be accumulated.

Ok, that makes sense :)
How many NXT where paid per share in the last dividend distribution?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on September 16, 2014, 04:58:22 pm
As an investor should I had received the dividend in my Nxt account? I haven't received anything.

Yes, at least I did.

For what is worth, I only have 1 share, I just wanted to try the asset exchange.

Then that's probably why. The cost of sending out a dividend like that is too much. Needs to be accumulated.

Ok, that makes sense :)
How many NXT where paid per share in the last dividend distribution?

Check out this spreadsheet with all the data. On the top there are tabs to see what each account received:
https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

With 1 USDbitfnx it will take you several months, until you get the min-payment of 0.1 USDbitfnx!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: jungian on October 01, 2014, 09:53:30 am
Time for another dividend no?

Spreadsheet update?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on October 01, 2014, 02:20:11 pm
Time for another dividend no?

Spreadsheet update?

+1
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 01, 2014, 11:11:22 pm
Paid out and updated everything.

I hope you guys don't mind that I only update once a week, there isn't much happening anyway.

There are 2 withdrawals pending, but I can only pay them out once one loan closes:


Account overview
deposit
USD    16,025.94
USD Swap total:    15,947.32
USD Swappable balance:    0.00
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: sparta_cuss on October 02, 2014, 04:12:16 am
I hope you guys don't mind that I only update once a week, there isn't much happening anyway.

I don't mind infrequent nxtforum updates, but I think we would all like to see regular updates to the spreadsheet - say, every two or three days.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: humbot on October 02, 2014, 11:17:27 am
Received dividend. Thanks.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 02, 2014, 11:54:05 am
I hope you guys don't mind that I only update once a week, there isn't much happening anyway.

I don't mind infrequent nxtforum updates, but I think we would all like to see regular updates to the spreadsheet - say, every two or three days.

I will try to do that bi-weekly.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 07, 2014, 12:32:19 am
Updated spreadsheet as promissed.

Also processed all payments, humbot you will need to contact me, if you still want to cashout. Otherwise the USD will not be kept for withdrawals (that doesn't earn interest)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 23, 2014, 10:11:39 pm
Update:

Updated the spreadsheet.

Screenshot of the account overview:

(http://i.imgur.com/jFzPJ3e.png)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 24, 2014, 09:44:37 pm
Dividend will be paid out the day after tomorrow
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 28, 2014, 12:52:31 pm
Dividends paid out. Details can be found in the spreadsheet.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on October 31, 2014, 04:47:10 pm
If anyone is interested, I am still open for deposits.

Also if you guys want, I can put up a sell order for USDbitfinex slightly above value for an easy buy-in.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: igmaca on November 02, 2014, 08:41:56 pm
good job, thx!  :)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 05, 2014, 09:27:43 pm
Recap:

Asset ID:10294386916428132892

The USDbitfnx asset ran successfully for over 100 days and has achieved a compounded 9.15% interest in those 107 days and 833$ paid out and 52$ pending dividend.

Now we can calculate the average yearly return, that we can expect with this asset:   1.0915^(365/107) = 1.348 = 34,8% yearly interest!

(http://i.imgur.com/p8dyz3I.png)

Reminder: USDbitfnx is a USD backed asset, that has deposits on Bitfinex and uses that USD to participate in the swap market on that site. This currently yields 34.8% yearly with USDbitfnx's swapping strategy. The balance is always 100% and this was/is audited by Damelon.

There are two ways to get USDbitfnx:

- Send NXT or BTC to me, those will be sent to Bitfinex and exchanged for USD, you will get USDbitfnx tokens into your account.
- Buy them on the exchange.

(Both ways are also open for selling/redeeming the asset)

Why would you buy USDbitfnx?

- With USDbitfnx, you can speculate on falling BTC and NXT prices
- Gain more interest than on a bank account via dividends
- Trading gains (this asset was once sold for 17 NXT, now it is worth over 50 NXT, so much volatility)

Update: I have placed a sell order with the issuer account. Once someone buys USDbitfnx from that offer, the NXT will be immediately sold and transferred to Bitfinex.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 06, 2014, 12:13:01 am
Why should you hold USDbitfnx in your portfolio?

Dividend paying USD asset (backed by bitfinex swaps): https://nxtforum.org/index.php?topic=3884.0
Asset ID:10294386916428132892

Lets assume the following:

Investor A holds 50000 USD and wants to invest into the following 3 assets for exactly 1 year
-Riskfree rate is 5% (this is way to high obvious)
-Asset 1 = USDbitfnx --> 35% expected return with a SD of 10%   (Sharperatio = 3.5)
-Asset 2 = NXT --> 100% expected return with a SD of 50%         (Sharperatio = 2)

Also: No shorting is allowed.

He will allocate his funds in the following way, if he wants a return of (with the minimum portfolio variance):


ROI = 10%:  RF=43240$ Asset1=6030$   Asset2=730$     
ROI = 20%:  RF=29723$ Asset1=18095$ Asset2=2180$
ROI = 30%:  RF=16206$ Asset1=30159$ Asset2=3633$
ROI = 40%:  RF=2688$  Asset1=42223$ Asset2=5087$
ROI = 50%:  RF= 0$      Asset1=37500$ Asset2=12500$

Optimal Portfolio of only Asset 1 + Asset 2:
Asset 1: 89.25% Asset 2: 10.75%
This portfolio has a SD of 11% and a expected rate of return of 42%. (Sharperatio = 3.82)

(http://i.imgur.com/YH4SDRA.png)

You can clearly see, that under this assumptions the addition of USDbitfnx to the NXT portfolio has an extraordinary reward/risk ratio. Even if you tilt the number to extreme scenarios, you should still add considerable amounts of your portfolio into an asset like USDbitfnx.

Thank you for the attention
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!
Post by: printshop on November 08, 2014, 01:37:16 pm
Dividend will be paid out the day after tomorrow

great movie, great analysis :)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 08, 2014, 03:17:33 pm
Dividend will be paid out the day after tomorrow

great movie, great analysis :)

Thank you!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 08, 2014, 03:19:39 pm
Business as usual. I updated the spreadsheet and I try to maximize the return of the swapping.

The asset is seeing some funds inflowing finally, we might see 10000 USD soon.

(http://i.imgur.com/8PnnXbp.png)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 09, 2014, 01:26:30 pm
Updated the spreadsheet. We now are over 10,000 USD again!

Next step 15,000 USD!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: printshop on November 10, 2014, 12:56:33 am
Updated the spreadsheet. We now are over 10,000 USD again!

Next step 15,000 USD!

I wanted to buy more for KNS, but there are bids for 6% and 7% up from the fund's value already, which aren't being filled. When can we expect an entry closer to 3-5%?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 10, 2014, 01:03:42 am
Updated the spreadsheet. We now are over 10,000 USD again!

Next step 15,000 USD!

I wanted to buy more for KNS, but there are bids for 6% and 7% up from the fund's value already, which aren't being filled. When can we expect an entry closer to 3-5%?

I put up 1000 USDbitfnx @ 52.5 NXT. If 1 NXT = 0.02$ this is about +5%
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 10, 2014, 03:40:59 pm
Added a 2000 USDbitfnx @51.5 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 12, 2014, 06:42:26 pm
Added 2000 USDbitfnx @49.5 NXT

will update the spreadsheet now.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 12, 2014, 09:44:19 pm
Sold the 2000 USDbitfnx @ 49.5 already. Put up another 5000 USDbitfnx @ 49.5
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: RAlex on November 12, 2014, 11:31:20 pm
It sure felt better having 250 sell orders. With 5000 and then 2000 orders I sure having doubts of ever getting ROI. Would it be possible to reduce those somewhat? Thanks.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 13, 2014, 12:46:32 am
It sure felt better having 250 sell orders. With 5000 and then 2000 orders I sure having doubts of ever getting ROI. Would it be possible to reduce those somewhat? Thanks.

I am not following?

The 5000 or 2000 USDbitfnx sell offers I am putting up are only up until the price comes close to it, then I will remove it. If the price for 1 USD goes to 70 NXT tomorrow, I will obviously cancel all orders. So if the price increases, you will most definately get a ROI. Also you will get a ROI from the Dividends, I am paying out.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 13, 2014, 12:54:47 am
As the BTC price keeps increasing, I put up a new sellorder for 2000 USDbitfnx @ 48.5 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: Bitfinex_USD on November 13, 2014, 02:19:44 am
Dividend will be paid approximately on the 15th of November.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset (~30% p.a.)Auditor=Damelon!
Post by: RAlex on November 13, 2014, 02:46:01 pm
It sure felt better having 250 sell orders. With 5000 and then 2000 orders I sure having doubts of ever getting ROI. Would it be possible to reduce those somewhat? Thanks.

I am not following?

The 5000 or 2000 USDbitfnx sell offers I am putting up are only up until the price comes close to it, then I will remove it. If the price for 1 USD goes to 70 NXT tomorrow, I will obviously cancel all orders. So if the price increases, you will most definately get a ROI. Also you will get a ROI from the Dividends, I am paying out.

Thanks for explanation. Got it.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 15, 2014, 08:19:02 pm
Dividend for 13-15 Week          
27.10-14.11               
Total Dividend:    118,56      
Dividend fee:   5%      
Paid Dividend:    112,63      
Dividend/USDbitfnx   0,00846      
         
Assets paid, Account, TX         
22.57, NXT-2DJG-HCQE-XA84-HEXEA, 15628144956061042584         
17.05, NXT-53EB-6WSS-BAGG-39UXP, 18041034632949162580         
16.52, NXT-BPZH-L5JZ-TS9Q-6RVTM, 11450378380599871665         
9.81, NXT-X5EF-HTB2-RLYU-HW8E7, 10203556525149990385         
8.07, NXT-LQU5-UREL-D5BG-D8HQ2, 2462731900790831243         
5.58, NXT-63DB-ZJPU-WCHS-GX9BE, 8025888269139509558         
4.77, NXT-ACZ7-JVUQ-ZF6F-AFJKZ, 5191622028796851018         
4.23, NXT-6XGR-3XB6-EWKA-3M2A3, 10531844065641286362         
2.71, NXT-LA2K-4AYG-TLAW-3URHN, 6260781127903157927         
2.69, NXT-DH4T-9PH3-5V8S-HQJC5, 15544982763264881069         
2.49, NXT-ZD9D-C74F-5832-BE9AH, 14381630195551066095         
1.71, NXT-G8BT-FHN8-SZQG-G3FRC, 3399637939531348305         
1.47, NXT-H2GA-EFLM-2SR3-6X3MV, 5998705875487876739         
1.42, NXT-SZ7C-NT8L-MDP8-7NNDZ, 9146536134115117215         
1.41, NXT-3CAM-TZGK-8WZ7-FDU7Y, 11518499856712511041         
0.88, NXT-N969-VBNG-QJD9-H3S9V, 9924948788367588990         
0.88, NXT-DBSU-KJ8N-BE67-FXX98, 2086744657965989991         
0.85, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 10217693012764174312         
0.85, NXT-8FG7-5GYY-WN87-FMQFQ, 12883401668710014580         
0.68, NXT-LE2N-KQGF-MQL8-7KHGD, 9400459513799639946         
0.54, NXT-JTA7-B2QR-8BFC-2V222, 13878980433520586238         
0.53, NXT-7J3A-8H99-G3XF-GVTJN, 12497794489330449889         
0.52, NXT-BN6F-AEPG-VQYX-HP7CL, 8054780926348107334         
0.48, NXT-RACK-EQL5-TDLN-HPT6L, 12960332117838940864         
0.45, NXT-KYH4-BWYQ-W4QX-DQVUY, 5464490784035326963         
0.45, NXT-3JJY-EHRA-NWRY-ALFCT, 2608923404962988566         
0.45, NXT-9HUD-2JLT-RCAG-36B4S, 14145393680481076984         
0.28, NXT-DJ7T-8AF7-J849-HWVCC, 7082130500436464079         
0.26, NXT-CSQ5-K2GT-FP8S-DVMFK, 12801266520367130832         
0.2, NXT-3ZKZ-KZ8V-TYFK-HTW4U, 5226416995293923973         
0.2, NXT-F28W-7XDS-FLYL-96HDJ, 5621646396911309108         
0.19, NXT-HBFW-X8TE-WXPW-DZFAG, 1766301255211012777         
0.16, NXT-8UNC-QVL6-43W7-9KMFT, 3294443601085798547         
0.13, NXT-CVY7-HTGP-7BWC-H2EZT, 17475152079524517831         
0.13, NXT-FGZH-Z3S4-TVHE-2KZ77, 11009911524042225919         
0.12, NXT-KUQ3-SYHL-E4BE-B2BL5, 12020475464905181529         
0.12, NXT-Z459-LZCN-F6MB-G4ELP, 755372641356838701         
0.1, NXT-8Y8X-APKP-VCXZ-DY84Z, 6733045150795418499         
0.09, NXT-CSED-4PK5-AR4V-6UB5V, 14035843766419565181         
0.09, NXT-4CJD-CF32-X8TV-CLZKH, 1016411069735772609         
0.09, NXT-DSEY-S997-7G5H-29LT8, 1396510524341169654         
0.04, NXT-BPP8-63UJ-FLVY-B7VMN, 11186734881693183815         
0.03, NXT-KEN9-226V-YZ8M-B3ASS, 13247247707181792399         
0.02, NXT-UR5H-5X5B-JB7P-6EZBL, 10746962488682847476         
0.02, NXT-UXEN-GYMH-3PWQ-4A5DH, 10185662989948562579         
0.01, NXT-NNBQ-NXU8-8R7E-3TG5M, 3897907594645009492         
0.01, NXT-BG26-3BS3-RU6R-BT469, 14068386890434741092         
0.01, NXT-GVHS-X4MC-XV2M-CTN73, 10085848422598771931         
0.01, NXT-TZH9-R7HW-JLFT-DR3BM, 11383581991320269427         
0.01, NXT-NRGJ-86TR-QBUU-D2C3S, 5267201714647640601         
0.01, NXT-XWY4-4QVS-ZK3Q-EAZHA, 13945692649036627193         
0.01, NXT-97WB-F3BH-SASQ-ECY2G, 18201339337050678693         
0.01, NXT-9E2Z-J8XM-HKYU-G2GC2, 6166210867736062329         
0.01, NXT-8RXS-2SSK-RNF2-HSNL8, 8207466264466473888         
0.01, NXT-5MLZ-R5GP-6YK7-H52UC, 16715771489151747346         
0.01, NXT-Z9BG-6MGD-NT7D-HPV7S, 12035598749310512937         
0.01, NXT-26R5-5SV8-GGEC-26BSH, 14005937524516775598         
0.01, NXT-JP7J-U5DW-4LYF-3BAYB, 16690520581360418330         
0.01, NXT-F2AD-2DJF-7RJX-38SYF, 8195705961125960911         
0.01, NXT-2J66-G2AA-64YB-3VDZM, 11147107202366265906         
0.01, NXT-TPEN-G6NC-JQEX-3TPKY, 14240015639215996355         
0.01, NXT-3KKX-JF33-KC9K-4DUJN, 9132366698262298681         
0.01, NXT-R8CJ-8AXE-PGHB-4F78P, 16370506815072488328         
0.01, NXT-6DRG-8Y7R-MWWX-4966R, 1308908799517206886         
0.01, NXT-95FX-K2SC-GAPK-5TP9M, 13993662361639661887         
0.01, NXT-WDEZ-CJW6-LHSZ-6RGA2, 5758634991098555537         
0.01, NXT-EFMM-HWXD-4VVA-6NUPQ, 2670494623093353664         
0.01, NXT-MSQT-ZUNP-RFFK-7DSB6, 2404180612511497302         
0.01, NXT-WYWR-LB6R-J6X4-7F8VG, 1075715923795165792         
0.01, NXT-V29U-VXZJ-H8UJ-835MA, 2449945110178148165         
0.01, NXT-L8EV-EMP8-7VE8-88WWL, 1426079063565151561         
0.01, NXT-YYYY-8P2Q-8FMV-9AR2B, 17777703860213791523         
0.01, NXT-HDAW-8CTY-DX8T-9H7DC, 11914359735780976613         
0.01, NXT-VXNU-35C4-KWH9-9JEMC, 8128967083617466235         
0.01, NXT-E328-UJDF-KTGH-9C6YQ, 7852229870119840190         
0.01, NXT-9S7J-TRKA-WRYH-9QJXW, 17877179087604648483         
0.01, NXT-UMXX-BCTN-ZPAT-BGGYP, 13050274244347002427         
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 15, 2014, 08:20:25 pm
PS: This time I paid for the transaction fees myself, because I heard, that with the 1.4. release there will be bulk dividend transaction that will be much cheaper. Looking forward to that.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: WhiteGold on November 16, 2014, 04:17:23 pm
looking promising, when will the next dividend be payed?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 16, 2014, 04:28:30 pm
looking promising, when will the next dividend be payed?

The last one was last night. So the next one will be in 14-20 days.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 21, 2014, 04:24:41 am
We just received a swap payment, that brought us over 1000 USD interest earned!

(http://img3.wikia.nocookie.net/__cb20140515210256/sailormoon/images/3/3c/Stephen-colbert-celebration-gif.gif)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 23, 2014, 12:57:57 am
Updated spreadsheet.

There is currently USDbitfnx offered at a 10% discount. Someone should snatch it up ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on November 27, 2014, 02:14:04 am
Spreadsheet updated
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: MJ79 on December 03, 2014, 04:15:33 pm
Any updates?

Also, can we still cash out in BTC? Or in NXT for that matter? Seems that information disappeared from the OP?

Thanks!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on December 03, 2014, 08:19:45 pm
Any updates?

Also, can we still cash out in BTC? Or in NXT for that matter? Seems that information disappeared from the OP?

Thanks!

For bigger amounts sure. But some people started sending back 30 USDbitfnx. I don't have time for that.

If you have below 1 BTC, just tell me and I will buy them from you personally a little under market.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: MJ79 on December 03, 2014, 09:41:52 pm
For bigger amounts sure. But some people started sending back 30 USDbitfnx. I don't have time for that.

If you have below 1 BTC, just tell me and I will buy them from you personally a little under market.

Ok, thanks!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on December 12, 2014, 01:48:13 am
Paying dividends today. Just need to reload the blockchain.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on December 12, 2014, 03:06:51 am
Paid
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: printshop on December 12, 2014, 03:15:30 am
Paid

Received, thank you! This is a really under rated asset. It serves an important purpose.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Arkh on December 12, 2014, 07:03:44 pm
Hey,

Any possibility to redeem USD using those tokens ? If yes at what fees ?

Thanks
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on December 12, 2014, 11:05:58 pm
Hey,

Any possibility to redeem USD using those tokens ? If yes at what fees ?

Thanks

1% but only for amounts bigger than 1 btc available
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: printshop on January 03, 2015, 11:06:48 am
I am a hero member of the NXT and bitcointalk community that is very active and has been registered for over four years.


Requested a swap a couple days ago, just leaving this here as the usdbitfnx account hasn't logged in for like 3 weeks. Check the PMs pls. TY
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on January 03, 2015, 12:56:29 pm
I am a hero member of the NXT and bitcointalk community that is very active and has been registered for over four years.


Requested a swap a couple days ago, just leaving this here as the usdbitfnx account hasn't logged in for like 3 weeks. Check the PMs pls. TY

i am confused. You say "Requested a swap a couple days ago" but I only got a PM from your right now and you sent funds less than 24 hours ago to the account I only check once every week ;)

Anyway, will process the withdrawal asap. Once again, the speed depends only on the active swaps.

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: printshop on January 03, 2015, 06:02:46 pm
I am a hero member of the NXT and bitcointalk community that is very active and has been registered for over four years.


Requested a swap a couple days ago, just leaving this here as the usdbitfnx account hasn't logged in for like 3 weeks. Check the PMs pls. TY

i am confused. You say "Requested a swap a couple days ago" but I only got a PM from your right now and you sent funds less than 24 hours ago to the account I only check once every week ;)

Anyway, will process the withdrawal asap. Once again, the speed depends only on the active swaps.

Regards

Ahh well what probably happened is I am experiencing some sort of time warp. The holidays have been doing that to me. I think what has happened is that I live a day ahead and I must have had a full sleep cycle and most of a day before you read this. Sorry, I didn't mean to imply you had been slow. I just saw "Dec 16th" on the profile and probably conflated two things that didn't exist.

For the record the reason why I am selling is not a lack of faith in USDbitfnx, I like USDbitfinx a lot. But because I need the money to cover for my fund.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on January 06, 2015, 09:21:38 pm
I sent the BTC printshop
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: printshop on January 07, 2015, 05:11:05 am
I sent the BTC printshop

Confirmed, yes. I will be accumulating this again, as time goes by. I wouldn't have sold but SafeHash is probably going to need the money soon ^^
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: peterpanda on January 17, 2015, 02:55:18 am
any news?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: printshop on January 17, 2015, 01:42:05 pm
any news?

USD seems strong these days.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on January 17, 2015, 03:05:18 pm
any news?

I need to figure out how the "pay Dividends" core feature behaves, after that I will pay dividends. But right now it looks like it can't distribute assets.
Spreadsheet is updated.

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>115 DAYS OLD!!
Post by: Bitfinex_USD on January 22, 2015, 02:47:10 am
Dividends paid!

Dividend for 20-25 Week    
11.12-21.01   
Total Dividend:    129,01
Dividend fee:   5%
Paid Dividend:    122,56
Paid Dividend(incl. fee):    121,16
Dividend/USDbitfnx   0,01215
   

Assets paid, Account, TX
23.87, NXT-BPZH-L5JZ-TS9Q-6RVTM, 661628479939773288
23.07, NXT-3RYL-AH5J-SETN-65EE7, 2356070982790344618
18.32, NXT-3CAM-TZGK-8WZ7-FDU7Y, 14159740493783772286
11.66, NXT-LQU5-UREL-D5BG-D8HQ2, 4040041638777495021
8.06, NXT-63DB-ZJPU-WCHS-GX9BE, 8453954439678965532
6.11, NXT-6XGR-3XB6-EWKA-3M2A3, 4152158979366819888
3.91, NXT-LA2K-4AYG-TLAW-3URHN, 4495340276069402654
3.89, NXT-DH4T-9PH3-5V8S-HQJC5, 15011528351753403430
2.13, NXT-H2GA-EFLM-2SR3-6X3MV, 3770534712793200126
1.5, NXT-TGC4-8KDJ-RBQU-B65KE, 16645930568831460980
1.27, NXT-N969-VBNG-QJD9-H3S9V, 15735839455762118939
1.27, NXT-DBSU-KJ8N-BE67-FXX98, 14325297278445778373
1.21, NXT-ZZ4W-YB6N-2TPJ-7EUY9, 13371780390318231706
1.2, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 16516259374140816351
1.2, NXT-FLFU-9XTU-YHD5-7WR86, 14722495006439258363
0.98, NXT-LE2N-KQGF-MQL8-7KHGD, 8086800690215392751
0.9, NXT-UXEN-GYMH-3PWQ-4A5DH, 11481363334462442668
0.89, NXT-X5EF-HTB2-RLYU-HW8E7, 7881526094766010282
0.88, NXT-SZ7C-NT8L-MDP8-7NNDZ, 11084070790081246612
0.78, NXT-JTA7-B2QR-8BFC-2V222, 17537604439590736459
0.76, NXT-7J3A-8H99-G3XF-GVTJN, 1766761324984883812
0.76, NXT-BN6F-AEPG-VQYX-HP7CL, 9378198573508019197
0.7, NXT-RACK-EQL5-TDLN-HPT6L, 17332838690155544845
0.68, NXT-3JJY-EHRA-NWRY-ALFCT, 8487356850917762057
0.65, NXT-KYH4-BWYQ-W4QX-DQVUY, 8241911960771308780
0.65, NXT-9HUD-2JLT-RCAG-36B4S, 8869137880675855333
0.42, NXT-YDKT-CDD7-8E4V-GFTDB, 10569830430085387561
0.41, NXT-DJ7T-8AF7-J849-HWVCC, 10408188074574437878
0.38, NXT-CSQ5-K2GT-FP8S-DVMFK, 9855233274091012176
0.3, NXT-3ZKZ-KZ8V-TYFK-HTW4U, 11461595998421182590
0.29, NXT-F28W-7XDS-FLYL-96HDJ, 3442030559175441086
0.27, NXT-HBFW-X8TE-WXPW-DZFAG, 3165921031187664586
0.24, NXT-WMTF-ZJLL-NHSX-GET4S, 8166229938379601663
0.19, NXT-Z459-LZCN-F6MB-G4ELP, 8823849994661988091
0.17, NXT-KUQ3-SYHL-E4BE-B2BL5, 429952258637797897
0.14, NXT-GEWZ-XM5Z-X6EY-3EULK, 3169281782561781760
0.14, NXT-8Y8X-APKP-VCXZ-DY84Z, 17720038169652484429
0.13, NXT-4CJD-CF32-X8TV-CLZKH, 12754495537178911922
0.13, NXT-DSEY-S997-7G5H-29LT8, 10638889853473737500
0.12, NXT-LJDM-AHWF-Q59M-FZTBK, 12107959997442354501
0.06, NXT-BPP8-63UJ-FLVY-B7VMN, 8892022016501884439
0.05, NXT-KEN9-226V-YZ8M-B3ASS, 1067921549100660072
0.01, NXT-NNBQ-NXU8-8R7E-3TG5M, 13311544587242446884
0.01, NXT-BG26-3BS3-RU6R-BT469, 5426500609839924252
0.01, NXT-GVHS-X4MC-XV2M-CTN73, 2396991418156140370
0.01, NXT-FK5G-7QST-A4U5-DXY5G, 9665003994320254006
0.01, NXT-NRGJ-86TR-QBUU-D2C3S, 7690151681486900913
0.01, NXT-XWY4-4QVS-ZK3Q-EAZHA, 4721731487968117890
0.01, NXT-97WB-F3BH-SASQ-ECY2G, 9808504865681161950
0.01, NXT-9E2Z-J8XM-HKYU-G2GC2, 17847529131918385288
0.01, NXT-8RXS-2SSK-RNF2-HSNL8, 9222754697969434046
0.01, NXT-5MLZ-R5GP-6YK7-H52UC, 15682787504002549324
0.01, NXT-26R5-5SV8-GGEC-26BSH, 3435209928535735383
0.01, NXT-JP7J-U5DW-4LYF-3BAYB, 6994359495108072872
0.01, NXT-F2AD-2DJF-7RJX-38SYF, 1408582376164962292
0.01, NXT-2J66-G2AA-64YB-3VDZM, 14134195407591288143
0.01, NXT-TPEN-G6NC-JQEX-3TPKY, 14345283216047934418
0.01, NXT-3KKX-JF33-KC9K-4DUJN, 11449507542581412162
0.01, NXT-R8CJ-8AXE-PGHB-4F78P, 17796693220741298578
0.01, NXT-6DRG-8Y7R-MWWX-4966R, 8546483118079429016
0.01, NXT-95FX-K2SC-GAPK-5TP9M, 10463085555807348611
0.01, NXT-WDEZ-CJW6-LHSZ-6RGA2, 5711423442385552748
0.01, NXT-EFMM-HWXD-4VVA-6NUPQ, 3683692779038478997
0.01, NXT-MSQT-ZUNP-RFFK-7DSB6, 4414219086199454140
0.01, NXT-WYWR-LB6R-J6X4-7F8VG, 5607322702469476566
0.01, NXT-V29U-VXZJ-H8UJ-835MA, 405019053443493932
0.01, NXT-L8EV-EMP8-7VE8-88WWL, 3032800925447754054
0.01, NXT-YYYY-8P2Q-8FMV-9AR2B, 8547934440849759149
0.01, NXT-VXNU-35C4-KWH9-9JEMC, 15656816223749997737
0.01, NXT-E328-UJDF-KTGH-9C6YQ, 10859878472207311888
0.01, NXT-9S7J-TRKA-WRYH-9QJXW, 15903357415483000039
0.01, NXT-UMXX-BCTN-ZPAT-BGGYP, 2420080732412008348
0.01, NXT-NG89-2CW8-5WBJ-8GLF5, 16022919966845917184
0.01, NXT-E3YA-EQ84-9PHC-7E7UC, 6254242064250650982
0.01, NXT-JS96-9JBE-E3B2-C5AFR, 5071798046322466236
------------All transactions processed------------
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 01, 2015, 10:27:52 pm
UPDATE:

Starting from today, USDbitfnx will be actively market made. There will always be BID and ASKs up to provide the biggest amount of convenience!

SPreadsheet is updated and I will start a promo soon.

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 01, 2015, 10:36:40 pm
I started a promo here, check it out: https://nxtforum.org/general-discussion/(promotion)-win-20-usdbitfnx-assets-with-just-posting-your-nxt-address-here/
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: printshop on February 02, 2015, 04:03:18 am
UPDATE:

Starting from today, USDbitfnx will be actively market made. There will always be BID and ASKs up to provide the biggest amount of convenience!

SPreadsheet is updated and I will start a promo soon.

It seems that competition has come to the table :) Bot or human?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 02, 2015, 12:55:28 pm
UPDATE:

Starting from today, USDbitfnx will be actively market made. There will always be BID and ASKs up to provide the biggest amount of convenience!

SPreadsheet is updated and I will start a promo soon.

It seems that competition has come to the table :) Bot or human?

Right now its me doing it, but this might change sometime in the future ;)

So, overnight there will be a big spread but on the day, it will be an ok spread!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 02, 2015, 06:35:06 pm
5000 USDbitfnx available at 92 NXT/ USDbitfnx (only a few % above current exchange rate)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: peddycb on February 25, 2015, 10:29:05 am
next Dividends ?

what's new ?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: HCLivess on February 26, 2015, 01:36:52 pm
Can I get some for free please?  :D
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 26, 2015, 05:31:06 pm
next Dividends ?

what's new ?

I'll update now, but I will only pay out once atleast 100 USD are earned. Doesn't make much sense to burn so much NXT in transaction fees.

Can I get some for free please?  :D

I am running promotions from time to time, but I can't give away free assets randomly ;)    Also I am not earning much anyway on this asset.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: jl777 on February 26, 2015, 08:07:25 pm
next Dividends ?

what's new ?

I'll update now, but I will only pay out once atleast 100 USD are earned. Doesn't make much sense to burn so much NXT in transaction fees.

Can I get some for free please?  :D

I am running promotions from time to time, but I can't give away free assets randomly ;)    Also I am not earning much anyway on this asset.
there is new dividend features built into the core. total cost for sending out all dividends in NXT is 1 NXT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on February 26, 2015, 08:08:36 pm
next Dividends ?

what's new ?

I'll update now, but I will only pay out once atleast 100 USD are earned. Doesn't make much sense to burn so much NXT in transaction fees.

Can I get some for free please?  :D

I am running promotions from time to time, but I can't give away free assets randomly ;)    Also I am not earning much anyway on this asset.
there is new dividend features built into the core. total cost for sending out all dividends in NXT is 1 NXT


Indeed, but USDbitfnx pays out in USDbitfnx assets.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: jl777 on February 26, 2015, 08:35:29 pm
next Dividends ?

what's new ?

I'll update now, but I will only pay out once atleast 100 USD are earned. Doesn't make much sense to burn so much NXT in transaction fees.

Can I get some for free please?  :D

I am running promotions from time to time, but I can't give away free assets randomly ;)    Also I am not earning much anyway on this asset.
there is new dividend features built into the core. total cost for sending out all dividends in NXT is 1 NXT


Indeed, but USDbitfnx pays out in USDbitfnx assets.
not sure when the core will support asset dividends, if ever, so then the cost indeed is an issue
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on March 06, 2015, 07:12:29 pm
List updated again.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: SamIbandii on March 06, 2015, 08:14:49 pm
Hello USDbitfinex team,
When was the last dividend pay-out? I didn't receive dividend for February.
Is there some kind of delay?

Kind regards,
SamIbandii



Account ID: NXT-3JJY-EHRA-NWRY-ALFCT
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on March 06, 2015, 08:45:03 pm
Hello USDbitfinex team,
When was the last dividend pay-out? I didn't receive dividend for February.
Is there some kind of delay?

Kind regards,
SamIbandii



Account ID: NXT-3JJY-EHRA-NWRY-ALFCT

There was no dividend in february, because of low swap interest rates.

Please check this spreadsheet: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Once 100$ are accumulated, it will be paid out.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: SamIbandii on March 07, 2015, 09:41:26 am
OK, thanks.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: HCLivess on March 18, 2015, 12:46:16 pm
Hello, can I get a little of your asset?

NXT-925F-BXMN-MPFQ-5QQP5
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bik_z19 on March 19, 2015, 09:32:50 am
NXT-KDPE-5EZ8-VCU8-65ADP

Count me in! Really curious as to how this plays out ;)
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bitfinex_USD on March 19, 2015, 02:35:40 pm
No freebies guys, sorry.

I updated the spreadsheet. Looks like I will issue a 2 % dividend in a few days.

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>195 DAYS OLD!!
Post by: Bik_z19 on March 19, 2015, 07:56:46 pm
No freebies guys, sorry.

I updated the spreadsheet. Looks like I will issue a 2 % dividend in a few days.
Lol, did not see the promotion was from July last year. Good luck!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>240 DAYS OLD!!
Post by: Bitfinex_USD on April 01, 2015, 10:17:23 pm
Just released 285 USDbitfnx as dividend!

Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>240 DAYS OLD!!
Post by: Bitfinex_USD on April 01, 2015, 10:17:59 pm
As always, you can buy USDbitfnx directly from me. Just PM me, I can take NXT or BTC.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: mudshark79 on April 14, 2015, 08:20:39 am
Hey Bitfinex,

would you mind answering PMs I sent you?

Thanks and regards,

mudshark
Title: Re: [ANN] [USDbitfnx] The first dividend paying USD asset (~60% per anno)
Post by: HCLivess on April 16, 2015, 01:08:31 pm
how about bitfinex btc?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on April 16, 2015, 02:06:55 pm
how about bitfinex btc?

Possible, but the returns of bitfinexBTC are usually quite low. Only in very big downtrends is the rate above 0.01% per day.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on April 28, 2015, 02:21:48 pm
Spreadsheet updated.

We accumulated a nice 2% return this month already.

Nearly 300 days running! In two months we will have the full year.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on May 05, 2015, 12:04:02 am
Dividend Paid!

2.42 % per asset.

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: PoofKnuckle on May 05, 2015, 02:15:45 pm
Thank you!

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: mudshark79 on June 06, 2015, 11:34:58 am
Sorry for bothering again but would you mind taking care of my PM from last weekend?

Thanks and regards,

Matthias
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on June 07, 2015, 06:08:01 pm
Responded.

also updated the spreadsheet.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Nippybrit on June 17, 2015, 08:56:09 am
Would you consider doing a swap 1:1 with coinoUSD as a cash-out option?
Perhaps with a minimum (50 or so?) to avoid wasting time.
I think this would help the liquidity of your asset a lot.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on June 17, 2015, 09:10:50 am
Would you consider doing a swap 1:1 with coinoUSD as a cash-out option?
Perhaps with a minimum (50 or so?) to avoid wasting time.
I think this would help the liquidity of your asset a lot.

How would this work? I have funds on Bitfinex, I can't just magically swap Bitfinex --> CoinoUSD myself.  So, not possible
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on June 20, 2015, 08:30:29 pm
Dividend paid!

2.72% per asset.

Assets paid, Account, TX
66.66, NXT-3CAM-TZGK-8WZ7-FDU7Y, 2933974118086841482
57.33, NXT-BPZH-L5JZ-TS9Q-6RVTM, 15050005194313865066
39, NXT-3RYL-AH5J-SETN-65EE7, 15027180734851651066
28.01, NXT-LQU5-UREL-D5BG-D8HQ2, 11749735004487375459
19.36, NXT-63DB-ZJPU-WCHS-GX9BE, 12156467540577420169
14.68, NXT-6XGR-3XB6-EWKA-3M2A3, 10984233377330287820
9.34, NXT-DH4T-9PH3-5V8S-HQJC5, 14182217274837732758
6.16, NXT-X5EF-HTB2-RLYU-HW8E7, 1419143645019804463
5.11, NXT-H2GA-EFLM-2SR3-6X3MV, 10634030886928118240
3.65, NXT-6QYL-3TRE-M7R7-5WRBZ, 5555774523205828301
3.61, NXT-TGC4-8KDJ-RBQU-B65KE, 7366447092281742354
3.35, NXT-N969-VBNG-QJD9-H3S9V, 7401238593703340084
3.05, NXT-DBSU-KJ8N-BE67-FXX98, 11092459161164228404
2.85, NXT-TU23-XMYB-722V-5LWVC, 5816444493348589622
2.21, NXT-LE2N-KQGF-MQL8-7KHGD, 8774597043576661558
1.84, NXT-7J3A-8H99-G3XF-GVTJN, 3710843178176830370
1.82, NXT-BN6F-AEPG-VQYX-HP7CL, 1874766182136396180
1.68, NXT-RACK-EQL5-TDLN-HPT6L, 7994603286028536403
1.62, NXT-3JJY-EHRA-NWRY-ALFCT, 4828050168631308495
1.56, NXT-KYH4-BWYQ-W4QX-DQVUY, 6930405407331405000
1.56, NXT-9HUD-2JLT-RCAG-36B4S, 6312837386958643198
1.14, NXT-WMUF-7TQD-4N4J-G62SX, 10875302540441426324
1.01, NXT-YDKT-CDD7-8E4V-GFTDB, 4319948124011407659
0.99, NXT-DJ7T-8AF7-J849-HWVCC, 6712877199990163726
0.68, NXT-F28W-7XDS-FLYL-96HDJ, 7646512581589907917
0.65, NXT-HBFW-X8TE-WXPW-DZFAG, 11601848696483974300
0.59, NXT-WMTF-ZJLL-NHSX-GET4S, 2382435932443460245
0.58, NXT-A6DL-4GN2-SPA2-A3KKL, 5049935030086601549
0.58, NXT-ZYCL-RXPZ-UKVJ-8GKB9, 12941334889766578046
0.57, NXT-568B-SG2H-BQVR-25RCV, 8424002467614524276
0.45, NXT-Z459-LZCN-F6MB-G4ELP, 9239482058039931655
0.41, NXT-KUQ3-SYHL-E4BE-B2BL5, 11205246327764504579
0.41, NXT-QAUS-N3QF-CB97-8LZUP, 2733463368039818087
0.33, NXT-8Y8X-APKP-VCXZ-DY84Z, 3509629829311441270
0.31, NXT-4CJD-CF32-X8TV-CLZKH, 10175184820970059345
0.3, NXT-3ZKZ-KZ8V-TYFK-HTW4U, 7716864422465843175
0.3, NXT-DSEY-S997-7G5H-29LT8, 14318778746592388208
0.29, NXT-LJDM-AHWF-Q59M-FZTBK, 4734488972128516403
0.22, NXT-WRK9-QYWH-MKBG-7WXRS, 14383833652284081970
0.15, NXT-BPP8-63UJ-FLVY-B7VMN, 12681106778026251425
0.12, NXT-KEN9-226V-YZ8M-B3ASS, 9362622731628081380
0.09, NXT-8CBP-XQAH-J47K-GNQPB, 8158619285539206875
0.06, NXT-APSC-W5KB-CYS9-AHQ3U, 10292323635757275432
0.06, NXT-BP6X-8R6D-ETWV-DMLTM, 18073634243506638281
0.06, NXT-QCJ9-TQX7-SDH8-6NC2C, 10201560351103983599
0.03, NXT-NNBQ-NXU8-8R7E-3TG5M, 16060000060216031784
0.03, NXT-MSQT-ZUNP-RFFK-7DSB6, 11378121657357225007
0.03, NXT-GVHS-X4MC-XV2M-CTN73, 14069880854875907959
0.03, NXT-FK5G-7QST-A4U5-DXY5G, 4684966678090480666
0.03, NXT-NRGJ-86TR-QBUU-D2C3S, 8159585314088067426
0.03, NXT-XWY4-4QVS-ZK3Q-EAZHA, 10483340200080477181
0.03, NXT-97WB-F3BH-SASQ-ECY2G, 4649558904395950315
0.03, NXT-9E2Z-J8XM-HKYU-G2GC2, 2310746089972704877
0.03, NXT-8RXS-2SSK-RNF2-HSNL8, 1899597714145976869
0.03, NXT-5MLZ-R5GP-6YK7-H52UC, 7971717051361745360
0.03, NXT-26R5-5SV8-GGEC-26BSH, 8312360234932706174
0.03, NXT-JP7J-U5DW-4LYF-3BAYB, 12383022930976272733
0.03, NXT-F2AD-2DJF-7RJX-38SYF, 12646203560745256604
0.03, NXT-2J66-G2AA-64YB-3VDZM, 10883689820112536906
0.03, NXT-TPEN-G6NC-JQEX-3TPKY, 15110765131695989103
0.03, NXT-R8CJ-8AXE-PGHB-4F78P, 1584224267393654630
0.03, NXT-6DRG-8Y7R-MWWX-4966R, 15919396610888516861
0.03, NXT-95FX-K2SC-GAPK-5TP9M, 11918952908173429763
0.03, NXT-WDEZ-CJW6-LHSZ-6RGA2, 12253271535262826495
0.03, NXT-EFMM-HWXD-4VVA-6NUPQ, 7720716932828494311
0.03, NXT-BG26-3BS3-RU6R-BT469, 10059217557641351825
0.03, NXT-WYWR-LB6R-J6X4-7F8VG, 10284231425473819692
0.03, NXT-V29U-VXZJ-H8UJ-835MA, 3997351473465488255
0.03, NXT-YYYY-8P2Q-8FMV-9AR2B, 16900340976920002508
0.03, NXT-VXNU-35C4-KWH9-9JEMC, 5661604314914462828
0.03, NXT-9S7J-TRKA-WRYH-9QJXW, 10075654103022957805
0.03, NXT-UMXX-BCTN-ZPAT-BGGYP, 9682346033476281472
0.03, NXT-NG89-2CW8-5WBJ-8GLF5, 6711785900286308492
0.03, NXT-E3YA-EQ84-9PHC-7E7UC, 1043807921871061113
0.03, NXT-HMDN-2RHB-GAZN-9FGLG, 3490535333709877338
0.03, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 16331101809359421010
0.01, NXT-7SA9-2DN8-JV4A-GQ42L, 13493337145702614104
0.01, NXT-JS96-9JBE-E3B2-C5AFR, 15794217089425826944
0.01, NXT-7DD2-QBRC-TAE3-BPPQ6, 10172874060729190408
0.01, NXT-NH53-QEG6-NG4U-6D9DZ, 10098448374615684962
0.01, NXT-W8SW-468A-RWZH-B4BHM, 4147843717745203523
------------All transactions processed------------
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: PoofKnuckle on June 20, 2015, 10:01:08 pm
Thank you!

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on August 01, 2015, 02:45:02 pm
Paid dividend and updated spreadsheet.

55.6, NXT-3CAM-TZGK-8WZ7-FDU7Y, 1089686671170342183         
47.53, NXT-BPZH-L5JZ-TS9Q-6RVTM, 5506287241782156223         
32.18, NXT-3RYL-AH5J-SETN-65EE7, 10508007684431048820         
23.22, NXT-LQU5-UREL-D5BG-D8HQ2, 616402293081062140         
16.05, NXT-63DB-ZJPU-WCHS-GX9BE, 14800625133028869062         
12.17, NXT-6XGR-3XB6-EWKA-3M2A3, 3295541753741458542         
7.74, NXT-DH4T-9PH3-5V8S-HQJC5, 6182748971533683208         
5.1, NXT-X5EF-HTB2-RLYU-HW8E7, 13488489616275828689         
4.24, NXT-H2GA-EFLM-2SR3-6X3MV, 3499404157128819448         
3.02, NXT-6QYL-3TRE-M7R7-5WRBZ, 13558972514846867869         
3, NXT-TGC4-8KDJ-RBQU-B65KE, 9207876825675958626         
2.53, NXT-DBSU-KJ8N-BE67-FXX98, 11374320826436446921         
2.36, NXT-TU23-XMYB-722V-5LWVC, 14062230244697906157         
1.83, NXT-LE2N-KQGF-MQL8-7KHGD, 2173990630695556390         
1.68, NXT-N969-VBNG-QJD9-H3S9V, 5154724364673792196         
1.52, NXT-7J3A-8H99-G3XF-GVTJN, 14642545927516567805         
1.51, NXT-BN6F-AEPG-VQYX-HP7CL, 10403470726509123744         
1.39, NXT-RACK-EQL5-TDLN-HPT6L, 11912899126391497078         
1.34, NXT-3JJY-EHRA-NWRY-ALFCT, 5244275896436509174         
1.3, NXT-KYH4-BWYQ-W4QX-DQVUY, 13922664539700327599         
1.3, NXT-9HUD-2JLT-RCAG-36B4S, 18062290030544431808         
1.2, NXT-HFV6-N66W-P7R9-DKRES, 7581945707978515548         
0.95, NXT-WMUF-7TQD-4N4J-G62SX, 4850065431267088977         
0.84, NXT-YDKT-CDD7-8E4V-GFTDB, 6340825319687610833         
0.82, NXT-DJ7T-8AF7-J849-HWVCC, 17570272191044862466         
0.57, NXT-F28W-7XDS-FLYL-96HDJ, 12535288477005845239         
0.54, NXT-HBFW-X8TE-WXPW-DZFAG, 2424727123812932304         
0.49, NXT-WMTF-ZJLL-NHSX-GET4S, 10889646312882581658         
0.48, NXT-A6DL-4GN2-SPA2-A3KKL, 15575740569427872596         
0.48, NXT-ZYCL-RXPZ-UKVJ-8GKB9, 9886587508485522839         
0.47, NXT-568B-SG2H-BQVR-25RCV, 4907224484912787817         
0.38, NXT-Z459-LZCN-F6MB-G4ELP, 3381575120779584420         
0.34, NXT-KUQ3-SYHL-E4BE-B2BL5, 17211113878477082497         
0.34, NXT-QAUS-N3QF-CB97-8LZUP, 8295047776601809219         
0.28, NXT-8Y8X-APKP-VCXZ-DY84Z, 2611186715148328004         
0.25, NXT-4CJD-CF32-X8TV-CLZKH, 10440387863040231768         
0.25, NXT-3ZKZ-KZ8V-TYFK-HTW4U, 1855743116350833159         
0.25, NXT-DSEY-S997-7G5H-29LT8, 2376817802889122484         
0.23, NXT-HVEM-K8CE-WQ84-B9B5H, 18007937125667707712         
0.18, NXT-WRK9-QYWH-MKBG-7WXRS, 16792668754907938973         
0.12, NXT-BPP8-63UJ-FLVY-B7VMN, 13210071298415778571         
0.1, NXT-KEN9-226V-YZ8M-B3ASS, 5889571734280895823         
0.07, NXT-8CBP-XQAH-J47K-GNQPB, 359340601322453662         
0.05, NXT-APSC-W5KB-CYS9-AHQ3U, 16784991729373476667         
0.05, NXT-BP6X-8R6D-ETWV-DMLTM, 16658327426602954528         
0.05, NXT-QCJ9-TQX7-SDH8-6NC2C, 11393353811359096993         
0.04, NXT-YRTR-59AE-3W6E-HC45C, 5116168537299586180         
0.03, NXT-NNBQ-NXU8-8R7E-3TG5M, 7962314803501130377         
0.03, NXT-BG26-3BS3-RU6R-BT469, 10417694416079392381         
0.03, NXT-GVHS-X4MC-XV2M-CTN73, 4734287997515896694         
0.03, NXT-FK5G-7QST-A4U5-DXY5G, 16089062410611558956         
0.03, NXT-NRGJ-86TR-QBUU-D2C3S, 11899436782449437406         
0.03, NXT-XWY4-4QVS-ZK3Q-EAZHA, 8627583660625768988         
0.03, NXT-97WB-F3BH-SASQ-ECY2G, 14233809347253686764         
0.03, NXT-9E2Z-J8XM-HKYU-G2GC2, 12761610224851397349         
0.03, NXT-8RXS-2SSK-RNF2-HSNL8, 8842331763075771362         
0.03, NXT-5MLZ-R5GP-6YK7-H52UC, 10065449272979608688         
0.03, NXT-26R5-5SV8-GGEC-26BSH, 3689700352463428296         
0.03, NXT-F2AD-2DJF-7RJX-38SYF, 5391144367074720481         
0.03, NXT-2J66-G2AA-64YB-3VDZM, 15376978393201638642         
0.03, NXT-TPEN-G6NC-JQEX-3TPKY, 3212512679043836753         
0.03, NXT-R8CJ-8AXE-PGHB-4F78P, 12956835049392816411         
0.03, NXT-6DRG-8Y7R-MWWX-4966R, 13781750259384186425         
0.03, NXT-95FX-K2SC-GAPK-5TP9M, 709254463480100809         
0.03, NXT-WDEZ-CJW6-LHSZ-6RGA2, 9531518119755382876         
0.03, NXT-EFMM-HWXD-4VVA-6NUPQ, 17362373736847957295         
0.03, NXT-MSQT-ZUNP-RFFK-7DSB6, 12452964459577710269         
0.03, NXT-WYWR-LB6R-J6X4-7F8VG, 10348652145150546777         
0.03, NXT-V29U-VXZJ-H8UJ-835MA, 3484466072898143005         
0.03, NXT-YYYY-8P2Q-8FMV-9AR2B, 2001624620915867708         
0.03, NXT-VXNU-35C4-KWH9-9JEMC, 2486153643112197622         
0.03, NXT-9S7J-TRKA-WRYH-9QJXW, 17933253711629438552         
0.03, NXT-UMXX-BCTN-ZPAT-BGGYP, 9772715265585698919         
0.02, NXT-NG89-2CW8-5WBJ-8GLF5, 15925053157249828774         
0.02, NXT-E3YA-EQ84-9PHC-7E7UC, 3308591097862884401         
0.02, NXT-HMDN-2RHB-GAZN-9FGLG, 13985308829569735714         
0.02, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 16066176203933616172         
0.02, NXT-8PUQ-GDKF-NEPD-FR6QH, 15966534338119430844         
0.01, NXT-7SA9-2DN8-JV4A-GQ42L, 12093329074012532479         
0.01, NXT-JS96-9JBE-E3B2-C5AFR, 9022921810177477462         
0.01, NXT-7DD2-QBRC-TAE3-BPPQ6, 7124304739022056631         
0.01, NXT-NH53-QEG6-NG4U-6D9DZ, 13622386271302269717         
0.01, NXT-W8SW-468A-RWZH-B4BHM, 14132664197851550428         
0.01, NXT-LJDM-AHWF-Q59M-FZTBK, 11152981246079629343         
------------All transactions processed------------         
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: huafei on August 15, 2015, 09:51:30 am
update spreadsheet please...
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Paws1t1veEV on November 09, 2015, 02:07:43 am
Is this asset still active and being maintained?
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: NXT ENTERPRISE on November 23, 2015, 09:18:18 am
Is it correct that buying this asset is the same as a USD based hedge.

So the value of the 10294386916428132892 is $1USD?

Or can this deviate?

Regards
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: naska23 on November 23, 2015, 09:45:01 am
Thanks fo dvds
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: NXT ENTERPRISE on November 23, 2015, 10:37:35 am
Can the asset be transferred to USD?

Upon sale or only through the NXT market?

I was thinking to buy NuBits to get a digital currency USD based.

Is this the same as that using NXT?

What another options do i have within NXT to hold a USD equivalent?

Thanks..

Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Paws1t1veEV on November 25, 2015, 11:48:32 pm
Can the asset be transferred to USD?

Upon sale or only through the NXT market?

I was thinking to buy NuBits to get a digital currency USD based.

Is this the same as that using NXT?

What another options do i have within NXT to hold a USD equivalent?

Thanks..



Check out Coinousd Asset 12982485703607823902...
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on November 29, 2015, 06:04:16 am
The asset will be dissolved. Please send your USDbitfnx to NXT-BQK9-UDGP-2Q97-49H3L to redeem the USDbitfnx for NXT or BTC. Include a msg with a BTC address or a NXT address. Deadline for redeeming is 31.12.2015.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on December 16, 2015, 07:17:15 pm
Only two weeks remaining and I have still not received all the assets back. Hurry up!
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on January 06, 2016, 12:46:55 am
Still missing a few transactions. I will process it very soon and donate the rest if you don't hurry.
Title: Re: [ANN] [USDbitfnx]The first dividend paying USD asset(~30%p.a.) !!>250 DAYS OLD!!
Post by: Bitfinex_USD on January 22, 2016, 11:42:34 pm
Processed everything and deleted the remaining assets. I'll liquidate the remaining few USD and donate to wikipedia&co.
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elective-stereophonic
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