Cryptostocks
Cryptostocks
Shares
RatingWhiteDescription:The goal of this fund is to create some diversity in the bitcoin stock market. This fund will invest all of the BTC raised from this project into dividend paying stocks that are listed on the US stock market.
The bitcoins will be sent to mt. gox, then sent to a brokerage account. From there, when dividends are paid, the money will be sent to mt. gox, converted immediately, then transferred to Cryptostocks to be paid out as a dividend too all of the shareholders.
Here’s a simple flowchart:
Invested BTC -> MT. GOX -> Brokerage -> Invested in Div stocks -> Dividends paid -> 35% of dividends sent to MT. GOX -> dividends converted immediately at market price -> BTC paid out to Cryptostock share holders
What fees are involved?
Taxation! I will be taxed at a rate of 15% by the US government. There is no way around this. I will link to tax information as it arises.
http://en. wikipedia. org/wiki/Dividend_tax
How do you plan to grow the fund?
I want to reinvest 50% of the dividends. (This will not happen until ALL shares are sold! )
We can also vote to sell more shares.
Here is a breakdown of what I will do with the dividends as they’re paid:
50% of the dividends gets put back into the stock. (This will not happen until ALL shares are sold! )
35% of the dividends comes back to BTC land where its converted and paid back to you!
15% gets held back for taxes that I will owe.
Fractional shares will not be purchased.
For example:
If stock A pays $100 in dividends and is trading at $8. 00 per share, $50 will be reinvested into it at $8 per share with $2. 00 left over. $15 will be set aside for taxes and the remaining $37 (35% + $2 leftover) will be sent to mt. gox, converted, and distributed.
What’s the benefit of all of this?
**Diversity. There are no other funds out there like this.
**Growth. Every time I send the dividends to MT. GOX, BTC will be purchased at market price. Thus injecting money into the BTC economy that was not there prior!
**Love. I invest money in my spare time. I want to help us all out by donating those skills to the BTC community.
In the case of any shut down, all US stock shares will be sold and the BTC will be used to buy back all outstanding shares.
How to contact me:
PM me on the bitcointalk. org forums: DividendCrazy
E-Mail me: [email protected]
TorChat: nkipokr4fqpqmabuBuy orders (BTC)PriceQuantityAmount0. 000037210. 0007770. 000017600. 0010200. 0000011,0000. 001000Sell orders (BTC)PriceQuantityAmount0. 49000010. 490000DateTypePriceQuantityAmountMarch 24, 2016 21:12Sell0. 00003750. 000185BTCFebruary 16, 2015 17:33Sell0. 00003710. 000037BTCApril 30, 2014 12:45Sell0. 00010110. 000101BTCApril 29, 2014 19:34Buy0. 00033010. 000330BTCFebruary 22, 2014 21:08Sell0. 00131420. 002628BTCDecember 15, 2013 20:39Sell0. 00120010. 001200BTCNovember 29, 2013 07:06Sell0. 00033410. 000334BTCNovember 29, 2013 07:06Sell0. 00033410. 000334BTCNovember 13, 2013 06:53Sell0. 00010010. 000100BTCNovember 13, 2013 06:52Sell0. 00010010. 000100BTCNovember 10, 2013 01:58Buy0. 00900010. 009000BTCSeptember 07, 2013 05:01Buy0. 19000020. 380000BTCAugust 04, 2013 19:22Buy0. 19990010. 199900BTCAugust 04, 2013 17:49Buy0. 19990040. 799600BTCJune 04, 2013 23:56Buy0. 21000010. 210000BTCApril 14, 2013 10:45Buy0. 24860020. 497200BTCApril 14, 2013 10:22Buy0. 24860010. 248600BTCMarch 04, 2013 02:08Buy0. 25000020. 500000BTCMarch 04, 2013 02:08Buy0. 24990081. 999200BTCFebruary 27, 2013 14:17Buy0. 25000010. 250000BTCFebruary 22, 2013 17:27Buy0. 20000091. 800000BTCFebruary 22, 2013 17:27Buy0. 18000050. 900000BTCFebruary 14, 2013 02:07Buy0. 20000020. 400000BTCFebruary 12, 2013 23:52Buy0. 20000020. 400000BTCFebruary 07, 2013 13:33Buy0. 20000010. 200000BTCFebruary 05, 2013 14:09Buy0. 20000040. 800000BTCFebruary 03, 2013 16:38Buy0. 20000010. 200000BTCJanuary 31, 2013 22:39Buy0. 20000010. 200000BTCJanuary 31, 2013 02:16Buy0. 25000041. 000000BTCJanuary 31, 2013 02:16Buy0. 24990020. 499800BTCJanuary 11, 2013 08:37Buy0. 25000010. 250000BTCJanuary 10, 2013 00:47Buy0. 25000051. 250000BTCJanuary 05, 2013 19:48Buy0. 25000010. 250000BTCJanuary 05, 2013 00:52Buy0. 250000133. 250000BTCJanuary 05, 2013 00:52Buy0. 24990010. 249900BTCDecember 30, 2012 03:51Buy0. 25000013032. 500000BTCDecember 30, 2012 00:56Buy0. 250000205. 000000BTCDecember 30, 2012 00:11Buy0. 25000010. 250000BTCDecember 29, 2012 01:12Buy0. 25000010. 250000BTCDecember 28, 2012 18:08Buy0. 25000010. 250000BTCDecember 28, 2012 04:00Buy0. 25000010. 250000BTCDecember 27, 2012 17:49Buy0. 25000010. 250000BTCDecember 25, 2012 17:09Buy0. 25000010. 250000BTCDecember 25, 2012 01:53Buy0. 25000010. 250000BTCDecember 22, 2012 00:20Buy0. 25000010. 250000BTCDecember 20, 2012 19:14Buy0. 25000010. 250000BTCDecember 19, 2012 23:00Buy0. 25000010. 250000BTCDecember 19, 2012 16:10Buy0. 25000010. 250000BTCDecember 15, 2012 05:50Buy0. 25000010. 250000BTCDecember 08, 2012 22:17Buy0. 250000205. 000000BTCIssue DateNumber of shares04 Nov 05:434,000DateTotal dividendNumber of sharesDividend per share06 Aug 05:230. 211099205440. 00038805BTC18 Feb 17:470. 071220485440. 00013092BTC22 Nov 19:330. 033396165440. 00006139BTC15 Oct 01:020. 062320645440. 00011456BTC19 Sep 16:250. 150296325440. 00027628BTC18 Aug 23:510. 129678725440. 00023838BTC04 Aug 19:210. 095869125440. 00017623BTC27 Jul 04:180. 121807045440. 00022391BTC05 Jul 06:180. 140123525440. 00025758BTC22 Jun 07:290. 118086085440. 00021707BTC05 Jun 00:080. 077568965440. 00014259BTC20 May 15:010. 074348485440. 00013667BTC06 May 15:200. 068881285440. 00012662BTC19 Apr 21:230. 053078085440. 00009757BTC02 Apr 04:590. 057054725440. 00010488BTC15 Mar 18:490. 149790405440. 00027535BTC04 Mar 18:150. 170369925440. 00031318BTC18 Feb 19:320. 252971605410. 00046760BTC31 Jan 20:340. 284798635410. 00052643BTC04 Jan 06:290. 504354185170. 00097554BTC01 Dec 18:460. 637832003250. 00196256BTCDateAnnouncement22 Jun 04:36
As you are all aware, MTGOX has ceased operations within the USA. I now have to go a different route to get BTC in. That’s why the div payment was delayed until today.
18 Feb 19:36
Dividend was paid out. Next dividend will be paid at the beginning of next month. Glad to see that trading volume has picked up on DIVC as well! Cheers!
31 Jan 21:54
Dividend was paid out. We also own two companies now. We should expect to get two dividends a month now. I’ll be growing those companies with further investment funds. I’ve also verified my identity with a trusted forum member. Next dividend payment is ex
01 Dec 18:52
First dividend paid! $7. 965945. That was only with $600 of funding! The more we get, the more the dividend will be and more frequently!
14 Nov 17:56
Initial funding of $500 has been transferred into the brokerage account! We will be able to get at least one dividend payment out before 2013!
IDTitleSharesRelease dateVote tillStatusResult (Y/N)
24
Change exchanges from cryptostocks. com to btct. co
CS appears dead. I’ve sent emails to support about suggestions to make this site better and to get my picture listed on the front page. There has been no response.
Vote yes to leave CS
Vote no to stay54404 Aug 19:3318 Aug 23:59Closed
11/2