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[ANN] Coinomat.com
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Author Topic: [ANN] Coinomat.com  (Read 166368 times)

martismartis

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Re: [ANN] Coinomat.com
« Reply #140 on: August 04, 2014, 08:16:54 am »

Didn't receive. Account # NXT-PJ4S-P5MU-LFBV-6ARBY
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abctc

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Re: [ANN] Coinomat.com
« Reply #141 on: August 04, 2014, 08:20:10 am »

Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
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Thames

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Re: [ANN] Coinomat.com
« Reply #142 on: August 04, 2014, 08:22:55 am »

Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php
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xibeijan

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Re: [ANN] Coinomat.com
« Reply #143 on: August 04, 2014, 09:14:22 am »

Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php

Not good.
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coinomat

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Re: [ANN] Coinomat.com
« Reply #144 on: August 04, 2014, 09:23:30 am »

Sorry are you a shareholder? Can't find this account in shareholder list
Didn't receive. Account # NXT-PJ4S-P5MU-LFBV-6ARBY
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coinomat

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Re: [ANN] Coinomat.com
« Reply #145 on: August 04, 2014, 09:29:14 am »

Yes, the volume was a little smalller. We're gonna have some very interesting news soon, regarding NXT to fiat trading. Also launching BTC-E codes exchange soon, you'll be able to fund your BTC-E acc with NXT, for example.
Dividends are processed, using new software from valarmg. If you haven't received it please let us know.

Dividend seems nearly 1/2 of last week.  What's the reason for that? Bug in valarmg?
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Eadeqa

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Re: [ANN] Coinomat.com
« Reply #146 on: August 04, 2014, 09:41:39 am »

Yes, the volume was a little smalller. We're gonna have some very interesting news soon, regarding NXT to fiat trading. Also launching BTC-E codes exchange soon, you'll be able to fund your BTC-E acc with NXT, for example.

How does that work? You get BTC in BTC-E account?
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NXT-GZYP-FMRT-FQ9K-3YQGS

martismartis

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Re: [ANN] Coinomat.com
« Reply #147 on: August 04, 2014, 09:44:09 am »

Sorry are you a shareholder? Can't find this account in shareholder list
Didn't receive. Account # NXT-PJ4S-P5MU-LFBV-6ARBY

Here is my numerical account 5703501790250188888. I see myself on shareholders list.
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coinomat

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Re: [ANN] Coinomat.com
« Reply #148 on: August 04, 2014, 10:17:05 am »

Strange stuff, yes.
We'll send the payment manually now, and look into this.
Sorry are you a shareholder? Can't find this account in shareholder list
Didn't receive. Account # NXT-PJ4S-P5MU-LFBV-6ARBY

Here is my numerical account 5703501790250188888. I see myself on shareholders list.
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Thames

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Re: [ANN] Coinomat.com
« Reply #149 on: August 04, 2014, 10:41:21 am »

Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php

Not good.
I wouldn't read too much into it, in these early days.

However, for now at least, im finding it interesting that lower NXT tx's on Coinomat = rise in NXT price.  ;)
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coinomat

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Re: [ANN] Coinomat.com
« Reply #150 on: August 04, 2014, 10:54:33 am »

Overall transaction volume grows, but there are fluctuations due to summer of course

Actually the more important for NXT price is MGW, when the volume their reaches good values it will effect NXT price in a very good way
Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php

Not good.
I wouldn't read too much into it, in these early days.

However, for now at least, im finding it interesting that lower NXT tx's on Coinomat = rise in NXT price.  ;)
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Abraxas 147

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Re: [ANN] Coinomat.com
« Reply #151 on: August 04, 2014, 03:40:34 pm »

Quote
Dividend seems nearly 1/2 of last week.  What's the reason for that?

Just want to understand:

My divident of last week: 7.79893925
My divident of today: 9.53226343

I own coinomat1 shares. So it's even a little higher than last week (for me)...
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coinomat

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Re: [ANN] Coinomat.com
« Reply #152 on: August 04, 2014, 05:48:29 pm »

Guys I made a mistake!!!
I'm sorry. The dividend payment for Coinomat shares will be fixed in an hour or so.
Coinomat1 shares are fine.
Quote
Dividend seems nearly 1/2 of last week.  What's the reason for that?

Just want to understand:

My divident of last week: 7.79893925
My divident of today: 9.53226343

I own coinomat1 shares. So it's even a little higher than last week (for me)...
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coinomat

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Re: [ANN] Coinomat.com
« Reply #153 on: August 04, 2014, 07:21:25 pm »

The dividend payment for coinomat shares is processed in full.
Sorry for the glitch, should not happen again.
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xibeijan

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Re: [ANN] Coinomat.com
« Reply #154 on: August 04, 2014, 08:53:33 pm »

The dividend payment for coinomat shares is processed in full.
Sorry for the glitch, should not happen again.

Thanks.  And well done.  I thought something was a bit off based on my calculations. :)  Glad you fixed it.
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xibeijan

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Re: [ANN] Coinomat.com
« Reply #155 on: August 06, 2014, 09:42:33 am »

Overall transaction volume grows, but there are fluctuations due to summer of course

Actually the more important for NXT price is MGW, when the volume their reaches good values it will effect NXT price in a very good way
Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php

Not good.
I wouldn't read too much into it, in these early days.

However, for now at least, im finding it interesting that lower NXT tx's on Coinomat = rise in NXT price.  ;)

I'm not entirely convinced by MGW or instantDEX as an exchange platform.  Coinomat (though in a different market) could do better, as it's pretty much an untapped area.  From my perspective it's a simple service that is very helpful to most cryptocurrency users.  Just my perspective...
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coinomat

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Re: [ANN] Coinomat.com
« Reply #156 on: August 06, 2014, 01:09:35 pm »

It's more subtle than that. If you offer fixed exchange rates, like we do, you have to hedge against volatility using some open market type exchange (example - you exchange BTC for USD, at the same time you sell BTC at an exchange and get USD). So we need an open-market type exchange, like BTER or MGW, to work with NXT without volatility risks for us.
Overall transaction volume grows, but there are fluctuations due to summer of course

Actually the more important for NXT price is MGW, when the volume their reaches good values it will effect NXT price in a very good way
Dividend seems nearly 1/2 of last week. 
- I've received, and can confirm this ^^^.
May be it is due to low volume of operations at coinomat.com at summer ..
You can see a relative drop-off..... https://coinomat.com/globalstat.php

Not good.
I wouldn't read too much into it, in these early days.

However, for now at least, im finding it interesting that lower NXT tx's on Coinomat = rise in NXT price.  ;)

I'm not entirely convinced by MGW or instantDEX as an exchange platform.  Coinomat (though in a different market) could do better, as it's pretty much an untapped area.  From my perspective it's a simple service that is very helpful to most cryptocurrency users.  Just my perspective...
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dchoquette

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Re: [ANN] Coinomat.com
« Reply #157 on: August 07, 2014, 12:20:15 am »

Hello!  I finally got around to opening an account on NXT. 

I was a share holder from cryptostocks
nxt account: NXT-QZ8H-3L4T-NDWD-3TE2F

sent an email but no response.  Please help me out here!
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paulscreen

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Re: [ANN] Coinomat.com
« Reply #158 on: August 07, 2014, 02:26:02 am »

Hi,

Has anyone worked out a ROI rate for this asset?  I did some quick numbers based on a volume of 200,000 NXT per day, and came up with 14% per annum at an asset price of 2NXT.  That sound about right? 

200k * 1.5% * 365 = 1.1m NXT in dividends per year
4m assets total across coinomat and coinomat1
= 1.1m/4m = 0.275 NXT per year per asset

Is my maths correct ? :)
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jl777

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Re: [ANN] Coinomat.com
« Reply #159 on: August 07, 2014, 02:35:29 am »

Hi,

Has anyone worked out a ROI rate for this asset?  I did some quick numbers based on a volume of 200,000 NXT per day, and came up with 14% per annum at an asset price of 2NXT.  That sound about right? 

200k * 1.5% * 365 = 1.1m NXT in dividends per year
4m assets total across coinomat and coinomat1
= 1.1m/4m = 0.275 NXT per year per asset

Is my maths correct ? :)
If you assume no growth in volumes.

since they are already having 40+ BTC volume days and this is before many NXT users are regular users, my assessment is that moving forward the daily volumes should be higher than 200K NXT. On low days (since adding NXT) they are doing 10 BTC per day.

So if we assume 40 BTC/day is a sustained rate, then it is at least double your 14%
When I did the calculations I came up with an estimate of about a 1 to 2 year recoupment period
The growth rate is very hard to estimate accurately though, with such things as cryptocard, maybe the volumes will be higher?

James
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