Bitcoin ATM Profitability Part 1 — Theoretical

Hello! I have questions as a new trader. First, I understand blue is profit and red is loss. My question is, how does everything get calculated in? I put in $100 USD worth of bitcoin and have been confused. How does it transfer in terms of these values. Has money been lost? Gained? What percent?

Hello! I have questions as a new trader. First, I understand blue is profit and red is loss. My question is, how does everything get calculated in? I put in $100 USD worth of bitcoin and have been confused. How does it transfer in terms of these values. Has money been lost? Gained? What percent? submitted by BootyWarrior8732 to Forex [link] [comments]

Calculations are in XRP $49.50 Bitcoin $543,094 – BYE BG123 & Ripple Riddler – Hello $1 quadrillion

Calculations are in XRP $49.50 Bitcoin $543,094 – BYE BG123 & Ripple Riddler – Hello $1 quadrillion submitted by ososru to Bitcoin4free [link] [comments]

Calculations are in XRP $49.50 Bitcoin $543,094 – BYE BG123 & Ripple Riddler – Hello $1 quadrillion

Calculations are in XRP $49.50 Bitcoin $543,094 – BYE BG123 & Ripple Riddler – Hello $1 quadrillion submitted by Rufflenator to 3bitcoins [link] [comments]

Hello :) We made a website with Prices, Charts, Important Links, Calculator and more for Bitcoin and other 1300+ cryptocurrencies. We appreciate your opinions and suggestions :) Thx

Hello :) We made a website with Prices, Charts, Important Links, Calculator and more for Bitcoin and other 1300+ cryptocurrencies. We appreciate your opinions and suggestions :) Thx submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Hello :) We made a website with Prices, Charts, Important Links, Calculator and more for Bitcoin and other 1300+ cryptocurrencies. We appreciate your opinions and suggestions :) Thx

Hello :) We made a website with Prices, Charts, Important Links, Calculator and more for Bitcoin and other 1300+ cryptocurrencies. We appreciate your opinions and suggestions :) Thx submitted by finagica to Bitcoin [link] [comments]

Hello :) We made a website with Prices, Charts, Important links, Calculator and more for Bitcoin and other 1000+ cryptocurrencies that are now available at CryptoIndex.co. We appreciate your opinions and suggestions :) Thx /r/Bitcoin

Hello :) We made a website with Prices, Charts, Important links, Calculator and more for Bitcoin and other 1000+ cryptocurrencies that are now available at CryptoIndex.co. We appreciate your opinions and suggestions :) Thx /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Hello :) We made a website with Prices, Charts, Important links, Calculator and more for Bitcoin and other 1000+ cryptocurrencies are now available at CryptoIndex.co. We appreciate your opinions and suggestions :) Thx /r/Bitcoin

Hello :) We made a website with Prices, Charts, Important links, Calculator and more for Bitcoin and other 1000+ cryptocurrencies are now available at CryptoIndex.co. We appreciate your opinions and suggestions :) Thx /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

A puzzle to celebrate the Halving! Solve it to win the ~0.03 BTC inside.

A puzzle to celebrate the Halving! Solve it to win the ~0.03 BTC inside.
(EDIT now worth ~0.05 (Thanks anon!))
Hello fellow Bitcoiners!
I have hidden the seed to a wallet containing ~0.03 (+ 0.02) BTC inside of my latest album. (It's not much, I am a robot of simple means)
Solve it then sweep the keys!


'Bifurcations' by Logic Beach is a Lo-Fi, Synth-Glitch, experimental project I've put together to celebrate the halving and to have a bit of fun. You will need the Lossless versions of the songs to solve this thing. (download the .wav files).
https://preview.redd.it/fvtegar2xdy41.png?width=2486&format=png&auto=webp&s=f02aef55825dccb854c4826dd00aa5a17d70c60e
Also, check out the Video.
The album is free on BandCamp (just enter $0.00), however if you'd like to make the contest more interesting, I am putting all proceeds into the contest wallet.
If you sweep it make a post here detailing how you solved it! or remain anonymous... I'll post the solution when it's solved.
Adress: bc1qj7467e7r5pdfpypm03wyvguupdrld0ul2gcutg


After due consideration (and constant requests), I have decided to extend this contest until June 21st.

Here is a recap of what is known with some new info:
  • The video has only two words for you. The first is 'Tree' from track 8 and another from track 9. the rest of the video is IRRELEVANT as is the album cover. it was just fun for me to make and watch along with the music, sorry if it ruined your life.
  • You are searching for 12 seed words in the bip39 format. No need to calculate any words.
  • There is an order hidden here. It is not in the lengths of songs or hidden in the rhythms of songs. "hidden" is hardly the right word for how it's placed in this album.
  • Three track names may help you in your search: songs 2,4, and 5
  • Chaos and Logistic maps or any kind of advanced mathematics will not aid you. This is 'Simple'
  • c = 300,000 km/s
  • In track three you may have to make a '-leap' of sorts
  • Morse code will only help you in tracks 1 & 2 visually and audibly
  • There are two words each in tracks 5, 6, and 7.
Alright, final hints here:
*The word in song two is BOMB. It is spelled in Morse by the drums as they pick back up. *The order is also 'hidden' in song 2 *it may be worth looking above and below the speed of light;)
Contest ends tomorrow at 17:00gmt
I'll include some last hints because nobody had found these words.
*Nothing to see in the spectra, nothing to hear in the song. It hexes me to give this one away! Hexadecimal. Bytes. It's there in the data, just make sure you view the data in the right orientation.
*Spectragraphic eyes: You see the two signals in the lowest part of the spectra here? Almost sounds like thunder!
That's it! Some one solved it! 18 confirmations at time of this edit. Well, I will post the solution if you guys are interested.
Nobody reached out to me so I take it they want to stay anonymous.
submitted by logic_beach to Bitcoin [link] [comments]

Bitcoin farm calculator

Hello, As I was looking for a bitcoin calculator and did not found any, I quickly created mine. You can enter the cost of GPU, bitcoin (BC) and number of GPU active to have a quick estimation on how quickly on how many BC it generates.
Orange fields are your setpoints and yellow ones are the results. I hope it can help you. Enjoy ! > https://docs.google.com/spreadsheets/d/17Ew67upb1COyUcgu-uR79GLMr3WK0y4571EPOw7uuVE/edit#gid=0
PS: Any suggestions to improve it is welcome ;)
submitted by neoraptor123 to EscapefromTarkov [link] [comments]

An Island Nation of Redditors

Hello all,
If you are interested in joining a (hopefully) newly formed island nation then this is the place to be.
the subbreddit is reddit.com/theredditnation
I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request.
Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan.
Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)
  1. Acquire the island
  2. Set up the initial infrastructure
    1. Form of Government that I propose is a constitutional monarchy (for now I will be the “king”)
      1. Country will be run as a democracy (two chamber form of parliament)
      2. Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
    2. Establishment of the Government Building
      1. For now this is where the government will convene until more infrastructure is added and the island is improved.
      2. People will be made citizens at this location
    3. Establishment of Civil Services
      1. Waste collection, Police, Social Services
    4. Establishment of a Port
      1. This will allow supplies to enter the island.
      2. This will allow for the island to participate with the rest of the world economically(I will expand on this later).
      3. The port will function as the entrance point and exit until the runway can be constructed.
    5. Establishment of Resident Housing
      1. This temporary housing will be until the island can be developed and more permanent buildings can be put up.
      2. Resident Housing and the Government building will be set up near the port until island development is completed
    6. Set up a massive solar powered crypto mining operation to help finance further development of the island
      1. A partnership with big mining companies can be brokered to have this set up
  3. Make the Island a desirable location
    1. Set up the island as a luxury city
      1. Free housing for citizens
      2. Free healthcare for citizens
      3. Free schooling and university for citizens
    2. Build resorts and legalize gambling on the island
      1. The revenue generated from such activities will help finance further development of the island
      2. With the revenue generated from this, the island will be able to provide for the residents a luxury city
      3. The gambling industry investments will help to finance the island as well
    3. Make the island a banking haven
      1. Set up a bank on the island
      2. No KYC laws will be enforced on the island
      3. This will attract forgien investment into the island
    4. Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
    5. No income tax,sales tax, capital gains tax or corporate on the island
      1. Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
      2. This will help attract a lot more forgien investment as well
      3. Will attract companies to set up offices here and thus bring jobs to the island.
  4. Expand on the island infrastructure
    1. Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
    2. Build more free luxury housing for residents
    3. Establish schools and universities
    4. Establish libraries
    5. Establish Museums
    6. Establish a healthcare system
  5. Enjoy the luxury haven of an Island that we have built
Now for the question of how much this island will cost and how we will get the funding
According to my calculations (you can look at them below) it will cost us $2,600,000
Now in regards to how we will raise that sum
If you have made it this far, please join the subreddit
More information to come soon, thank you.
submitted by OGKebabEater to Entrepreneur [link] [comments]

ACIS-mining and its 3 best algorithms

ACIS-mining and its 3 best algorithms
Hello. 👋🏻 Today we will tell you about ACIS-mining and its 3 best algorithms.
📌 With the advent of ASICs for mining, it became possible to mine Bitcoin in much larger quantities than using video cards. ASIC is an integrated circuit specialized to solve a specific problem, in our case, only for bitcoin mining. These schemes are many times more profitable than video cards, because with more power (hash calculation speed) they consume much less energy. This served as a good reason to create a cryptocurrency mining business.
📌 In bitcoin and other blockchain systems, the complexity of mining depends on how quickly the miners find the block. Compared with the GPU and CPU, specialized #ASIC miners solve #PoW puzzles better and are therefore able to quickly find new blocks.
📌 Since PoW is still the preferred mining consensus mechanism, we propose to take a multiple algorithm approach. Instead of trying to use algorithms which are ASIC resistant, we propose to use algorithms which have had ASIC miners for quite some time. These are: #SHA256, #Scrypt, and #X11.
🔹 The SHA-256 algorithm has a number of advantages over other information protection technologies. Over the years of use in the cryptocurrency industry, he has shown his resistance to various hacking attempts.
🔹 Scrypt is a cryptocurrency mining algorithm that was previously interesting to many single miners in view of its resistance to the so-called “hardware attack”. The speed of creating blocks in a Scrypt-based blockchain is about 30 seconds. The hashrate, like Ethash, is measured in Megahash per second. Scrypt, first of all, became popular due to its use in Litecoin #cryptocurrency.
🔹 X11 is an encryption algorithm in which eleven are used instead of one function. This means that this technology can provide a high degree of security, because in order to harm the system, an attacker will have to crack all 11 functions, which is very unlikely, because the changes made will be visible after breaking the first function, and developers will have a lot of time to protect the system before the hacker reaches the eleventh function.
Since these miners are already in wide use, the distribution of mining should be fair and even. Furthermore, the use of three different algorithms results in a far less chance of any single person gaining a majority hash rate share. Lastly, we use the Multishield difficulty adjustment algorithm to prevent difficulty spike issues resulting from burst mining.
Read more about PYRK mining solutions here: https://www.pyrk.org
Read our Whitepaper to know more about the project:
https://www.pyrk.org/Pyrk-Whitepaper.pdf
https://preview.redd.it/rxmlr7wt1k251.png?width=1200&format=png&auto=webp&s=162f9ddaacb3cf3e137638464a208bdf25e50a21
submitted by VS_community to pyrk [link] [comments]

DCA Investment Multiplier

Hello Bitcoin
I'm a newbie. I bought my first (portion of a) bitcoin last month and set up a hardware wallet along with it.
I want to start investing a portion of my paychecks into Bitcoin, but I want to be smart about it. I'm trying to create an Investment Multiplier Calculator for myself that is dependent on current market conditions.
For example, if it's a bull market but the current price is at a 3-day low, I'd like to invest 150% of x. If it's a bear market and at a 3-day high, I'd like to invest 50% of x. (The 50-150% is just for the example. I'm not dead set on a % range quite yet.)
I imagine this could be accomplished by factoring in various length "running averages" against the "current market price," but beyond that I'm stuck.
Can someone who is better at math than me help me out, or someone more experienced that can refer me to something like this that already exists? (Sorry if this is more of a math question than a purely Bitcoin question. I hope I'm posting to the right sub.)
submitted by semajessej to Bitcoin [link] [comments]

Crypto tax nightmare

Hello, I am a crypto trader who had a lot of trades on various platforms in 2019, and is now reconciling how to calculate all of these gains. I have bitcoin.tax but haven't touched it yet. If I imoort all of my trades correctly from these platforms will it be able to reconcile them all? I am not a tax cheat and want to do this correctly
submitted by WinDooMSMP to CryptoCurrency [link] [comments]

PYRK Tokens and future plans for their development

PYRK Tokens and future plans for their development
Hello. 👋🏻 In this post, we will tell you about PYRK Tokens and future plans for their development.
💡 Crypto coins halving is an event when the reward for mining new blocks is halved. When this happens, miners begin to receive 50% less for transaction processing. Usually, halving occurs approximately once every 200,000 blocks, for Bitcoin it is approximately every four years. It is planned to carry out halving until the maximum volume is reached.
❗️ The PYRK system uses quite a different approach to limiting mining inflation. So-called halving will occur every 200,000 units, and supply will be reduced by 20%.
❗️ Other cryptocurrencies usually implement a 50% halving. We, however, decided to reduce it to 20% to reduce the initial shock impact of a halving event.
✅ Total supply of PYRK coins becomes logarithmic due to the halving nature. And, thus, a maximum total supply will be approximately 100 Million Pyrk. According to our calculations, approximately 50% of the maximum supply will be mined in the first 3 years.
✅ The PYRK team also plans an improvement - Simple Tokens. The idea is something similar to the SLP (Simple Ledger Protocol) used by Bitcoin Cash and ERC Tokens used by Ethererum. Our protocol is easier to create and use than both.
✅ One of the issues with using the Bitcoin Cash system is that the functionality of Tokens are not built into the core client, therefore to use or integrate tokens requires additional programming libraries. Second, while the BCH chain is strong, is it also slow, with a block average of 10 minutes. This is fine for large transactions, but if you want to send transactions quickly this becomes an issue. The Pyrk blockchain has an average block time of 90 seconds. Last, the transaction fees on the BCH network will be higher in USD value than a similar transaction on the Pyrk blockchain.
✅ Ethereum ERC-20 tokens are also a popular choice, however these tokens require programming a contract using the Solidity language of Ethereum. If you don’t program your contract correctly, you could end up having big problems later on. Pyrk has taken out all the guess work in creating tokens and offers two of the most popular token types. Fungible tokens, which are tokens that are replaceable with each other and have equal value. These are the same as ERC-20. The other type is Non-Fungible tokens, in which each token is unique. Each of these token types has their own use case depending on the users needs.
✅ The Pyrk token system will be built into the core RPC functionality of the Pyrk software client. Anybody who has the Pyrk wallet can create, send, and receive tokens in seconds. This makes integration with exchanges easier as well.
Read more about PYRK Token ar https://www.pyrk.org/Pyrk-Whitepaper.pdf
And check our website for more information: https://www.pyrk.org
https://preview.redd.it/vxvj2qphqq151.png?width=1200&format=png&auto=webp&s=e000f611b48fb522c38abed2be8c7f25301819be
submitted by VS_community to pyrk [link] [comments]

Bitcoin Profit Calculation/Method

Hello,
Just getting into trying to daily buy and sell bitcoin and I’m trying to make sure I got my head wrapped around the proper way to calculate profit. I’d greatly appreciate if you could check if my math and way of doing this is correct. I looked on this sub and haven’t found a lot of meaningful info regarding manual way of calculating profit just calculators that don’t help me break things down.
Scenario:
Start day:
1 BTC = $9000.
BUY : 0.5 BTC For $4500 x 4% buy fee (-$180). Net value of BTC = $4320. In wallet.
Next day 1 BTC = $10,000
SELL : 0.5 BTC for $5000 x 1.5% sell fee (-$75). Net value of BTC = $4925.
Gross profit = $605 Minus fees = (-255)
Net profit = $350
Would this be correct?
I understand trades don’t go for these exact numbers as the numbers fluctuate all the time, this is just a scenario and these fees are based off coinbase.
My sincerest apologies if this has been asked already as I do not know with what keywords to search for a topic such as this.
Thanks again.
submitted by sexynewspaper to BitcoinBeginners [link] [comments]

An Island Nation with Legalized Gambling

Hello all,
If you are interested in joining a (hopefully) newly formed island nation then this is the place to be.
the subbreddit is reddit.com/theredditnation
I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request.
Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan.
Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)
  1. Acquire the island
  2. Set up the initial infrastructure
    1. Form of Government that I propose is a constitutional monarchy (for now I will be the “king”)
      1. Country will be run as a democracy (two chamber form of parliament)
      2. Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
    2. Establishment of the Government Building
      1. For now this is where the government will convene until more infrastructure is added and the island is improved.
      2. People will be made citizens at this location
    3. Establishment of Civil Services
      1. Waste collection, Police, Social Services
    4. Establishment of a Port
      1. This will allow supplies to enter the island.
      2. This will allow for the island to participate with the rest of the world economically(I will expand on this later).
      3. The port will function as the entrance point and exit until the runway can be constructed.
    5. Establishment of Resident Housing
      1. This temporary housing will be until the island can be developed and more permanent buildings can be put up.
      2. Resident Housing and the Government building will be set up near the port until island development is completed
    6. Set up a massive solar powered crypto mining operation to help finance further development of the island
      1. A partnership with big mining companies can be brokered to have this set up
  3. Make the Island a desirable location
    1. Set up the island as a luxury city
      1. Free housing for citizens
      2. Free healthcare for citizens
      3. Free schooling and university for citizens
    2. Build resorts and legalize gambling on the island
      1. The revenue generated from such activities will help finance further development of the island
      2. With the revenue generated from this, the island will be able to provide for the residents a luxury city
      3. The gambling industry investments will help to finance the island as well
    3. Make the island a banking haven
      1. Set up a bank on the island
      2. No KYC laws will be enforced on the island
      3. This will attract forgien investment into the island
    4. Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
    5. No income tax,sales tax, capital gains tax or corporate on the island
      1. Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
      2. This will help attract a lot more forgien investment as well
      3. Will attract companies to set up offices here and thus bring jobs to the island.
  4. Expand on the island infrastructure
    1. Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
    2. Build more free luxury housing for residents
    3. Establish schools and universities
    4. Establish libraries
    5. Establish Museums
    6. Establish a healthcare system
  5. Enjoy the luxury haven of an Island that we have built
Now for the question of how much this island will cost and how we will get the funding
According to my calculations (you can look at them below) it will cost us $2,600,000
Now in regards to how we will raise that sum
If you have made it this far, please join the subreddit
More information to come soon, thank you.
submitted by Decamerch to sportsbook [link] [comments]

The Reddit nation

The Plan for Reddit Nation
Hello all,
If you are interested in joining a (hopefully) newly formed island nation then this is the place to be.
I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request.
Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan.
Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)
  1. Acquire the island
  2. Set up the initial infrastructure
    1. Form of Government that I propose is a constitutional monarchy (for now I will be the “king”)
      1. Country will be run as a democracy (two chamber form of parliament)
      2. Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
    2. Establishment of the Government Building
      1. For now this is where the government will convene until more infrastructure is added and the island is improved.
      2. People will be made citizens at this location
    3. Establishment of Civil Services
      1. Waste collection, Police, Social Services
    4. Establishment of a Port
      1. This will allow supplies to enter the island.
      2. This will allow for the island to participate with the rest of the world economically(I will expand on this later).
      3. The port will function as the entrance point and exit until the runway can be constructed.
    5. Establishment of Resident Housing
      1. This temporary housing will be until the island can be developed and more permanent buildings can be put up.
      2. Resident Housing and the Government building will be set up near the port until island development is completed
    6. Set up a massive solar powered crypto mining operation to help finance further development of the island
      1. A partnership with big mining companies can be brokered to have this set up
  3. Make the Island a desirable location
    1. Set up the island as a luxury city
      1. Free housing for citizens
      2. Free healthcare for citizens
      3. Free schooling and university for citizens
    2. Build resorts and legalize gambling on the island
      1. The revenue generated from such activities will help finance further development of the island
      2. With the revenue generated from this, the island will be able to provide for the residents a luxury city
      3. The gambling industry investments will help to finance the island as well
    3. Make the island a banking haven
      1. Set up a bank on the island
      2. No KYC laws will be enforced on the island
      3. This will attract forgien investment into the island
    4. Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
    5. No income tax,sales tax, capital gains tax or corporate on the island
      1. Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
      2. This will help attract a lot more forgien investment as well
      3. Will attract companies to set up offices here and thus bring jobs to the island.
  4. Expand on the island infrastructure
    1. Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
    2. Build more free luxury housing for residents
    3. Establish schools and universities
    4. Establish libraries
    5. Establish Museums
    6. Establish a healthcare system
  5. Enjoy the luxury haven of an Island that we have built
Now for the question of how much this island will cost and how we will get the funding
According to my calculations (you can look at them below) it will cost us $2,600,000
Now in regards to how we will raise that sum
If you have made it this far, please join the subreddit
More information to come soon, thank you.
submitted by Sad-Shrimp to copypasta [link] [comments]

An Island Nation of Redditors with Legalized Drugs

Hello all,
I am here with my plan for my subreddit Reddit Nation
If you are interested in joining a (hopefully) newly formed island nation then this is the place to be.
I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request.
Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan.
Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)
  1. Acquire the island
  2. Set up the initial infrastructure
    1. Form of Government that I propose is a constitutional monarchy
      1. Country will be run as a democracy (two chamber form of parliament)
      2. Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
    2. Establishment of the Government Building
      1. For now this is where the government will convene until more infrastructure is added and the island is improved.
      2. People will be made citizens at this location
    3. Establishment of Civil Services
      1. Waste collection, Police, Social Services
    4. Establishment of a Port
      1. This will allow supplies to enter the island.
      2. This will allow for the island to participate with the rest of the world economically(I will expand on this later).
      3. The port will function as the entrance point and exit until the runway can be constructed.
    5. Establishment of Resident Housing
      1. This temporary housing will be until the island can be developed and more permanent buildings can be put up.
      2. Resident Housing and the Government building will be set up near the port until island development is completed
    6. Set up a massive solar powered crypto mining operation to help finance further development of the island
      1. A partnership with big mining companies can be brokered to have this set up
  3. Make the Island a desirable location
    1. Set up the island as a luxury city
      1. Free housing for citizens
      2. Free healthcare for citizens
      3. Free schooling and university for citizens
    2. Build resorts and legalize gambling on the island
      1. The revenue generated from such activities will help finance further development of the island
      2. With the revenue generated from this, the island will be able to provide for the residents a luxury city
      3. The gambling industry investments will help to finance the island as well
    3. Make the island a banking haven
      1. Set up a bank on the island
      2. No KYC laws will be enforced on the island
      3. This will attract forgien investment into the island
    4. Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
    5. No income tax,sales tax, capital gains tax or corporate on the island
      1. Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
      2. This will help attract a lot more forgien investment as well
      3. Will attract companies to set up offices here and thus bring jobs to the island.
  4. Expand on the island infrastructure
    1. Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
    2. Build more free luxury housing for residents
    3. Establish schools and universities
    4. Establish libraries
    5. Establish Museums
    6. Establish a healthcare system
  5. Enjoy the luxury haven of an Island that we have built
Now for the question of how much this island will cost and how we will get the funding
According to my calculations (you can look at them below) it will cost us $2,600,000
Now in regards to how we will raise that sum
If you have made it this far, please join the subreddit for this plan
More information to come soon, thank you.
submitted by OGKebabEater to conspiracy [link] [comments]

Bitcoin Profit Calculation

Hello,
Just getting into trying to daily buy and sell bitcoin and I’m trying to make sure I got my head wrapped around the proper way to calculate profit. I’d greatly appreciate if you could check if my math and way of doing this is correct. I looked on this sub and haven’t found a lot of meaningful info regarding manual way of calculating profit just calculators that don’t help me break things down.
Scenario:
Start day:
1 BTC = $9000.
BUY : 0.5 BTC For $4500 x 4% buy fee (-$180). Net value of BTC = $4320. In wallet.
Next day 1 BTC = $10,000
SELL : 0.5 BTC for $5000 x 1.5% sell fee (-$75). Net value of BTC = $4925.
Gross profit = $605 Minus fees = (-255)
Net profit = $350
Would this be correct?
I understand trades don’t go for these exact numbers as the numbers fluctuate all the time, this is just a scenario and these fees are based off coinbase.
My sincerest apologies if this has been asked already as I do not know with what keywords to search for a topic such as this.
Thanks again.
submitted by sexynewspaper to Bitcoin [link] [comments]

Calculating Bitcoin profit

Hello, I was having trouble understanding how to calculate bitcoin profit/loss. Can someone help a dummy like me?
I own about 308$ of bitcoin right now (.03556581 BTC)
I originally bought it for 500$ in the past.
Anyway if my 308$ worth of bitcoin when bitcoing is at $8627.29, what is my bitcoin worth if it went up to let's say somehow a million!
submitted by feedmymouth to Bitcoin [link] [comments]

Me, and my developers made amazing Crypto App, and I need your advice how to sell it.

Hello Reddit. So, I won't write too long don't read text. With 10 people team in 16 months we made an awesome app. It costs us about 300k Euro, and it works very awesome. I think, if we will have.money to fight with market it will be most popular application. But we don't have a lot of money to fight with apps with great position. We decided to sell this application, but I don't have an idea how to find buyer. So, I'll quickly describe how it worked and if I'll see that you are interested to know more about that I'll relaunch demo of this app (it disappeared from appstore, and we turned off all of hosts.)
Fulmo - cryptocurrency exchange, payments, store and very fast transfers.
What makes this app special?
  1. So, if you have to pay with crypto by Fulmo, and you have money on Fulmo, payment is fully completed with less than second. We made an internal transactions system for customers and merchants to make cryptos very fast (inside our system).
  2. You can send money to grandpa like in Revolut. If your grandpa, mom, or friend has Fulmo, you can just send them money with message, and it costs you nothing.
  3. You can swap Cryptos with pairs don't exist on any market. For example, you have ETH and want to buy Ripple, but (in theory) this pair don't exist (in market you have to sell ETH with USD, and then buy Ripple with USD). We coped with that problem, and we first FIND the shortest way to buy XRP with ETH without your actions, easly and fast calculating price of exchange.
  4. Local merchants. Imagine you are living in Venesuela. You started day, and you want to eat carrot soup. You can go to old woman on your street corner. In 10 minutes on your way price of carrot changed from 10 of local currency to 1000 of local currency (hello inflation). But, you know that price of carrot in Dollar is stable, and you know that old woman has Fulmo on her phone. She has to just open app, provide price in dollars and show you QR code (note that it can be even NFC). You scan her qr, and pay in one second. She don't need to be registered merchant with registered shop (because in real, she isn't, she just selling carrots, and tomatos).
  5. It looks really amazing. We spent a lot of money for design.
  6. We accept a lot of cryptos, owner can provide new in seconds, its all normalized and in backend there is no difference between Fiat and Crypto. You need only transactions and prices provider.
Cryptos we already connected are: - BTC (yeah, father is mandatory) - LTC - ETH - ETH Tokens - LTC (and some cryptos based on LTC/BTC) - LIGHTNING NETWORK (what is really awesome)
Why aren't we the biggest crypto market now? We don't have money. Budget was calculated for 2 years, but some investors decided to don't invest after Bitcoin prices are falled down. Im not angry for them, its business. We (as software company) invested about 20% of all.
Are we interested to continue developing this app, if we find buyer? Sure! It was really great experience to create it, i miss it really.
Okay, so if i'll see that somebody is interested (even only to see how it works) ill run dev enviroment with "fake" money, and show you everything.
So, business Redditors, do you thing that its interesting? How to sell this product? Maybe you know somebody interested of that?
submitted by flumoo to Bitcoin [link] [comments]

06-27 20:54 - 'Me, and my developers made amazing Crypto App, and I need your advice how to sell it.' (self.Bitcoin) by /u/flumoo removed from /r/Bitcoin within 0-10min

'''
Hello Reddit. So, I won't write too long don't read text. With 10 people team in 16 months we made an awesome app. It costs us about 300k Euro, and it works very awesome. I think, if we will have.money to fight with market it will be most popular application. But we don't have a lot of money to fight with apps with great position. We decided to sell this application, but I don't have an idea how to find buyer. So, I'll quickly describe how it worked and if I'll see that you are interested to know more about that I'll relaunch demo of this app (it disappeared from appstore, and we turned off all of hosts.)
Fulmo - cryptocurrency exchange, payments, store and very fast transfers.
What makes this app special?
  1. So, if you have to pay with crypto by Fulmo, and you have money on Fulmo, payment is fully completed with less than second. We made an internal transactions system for customers and merchants to make cryptos very fast (inside our system).
  2. You can send money to grandpa like in Revolut. If your grandpa, mom, or friend has Fulmo, you can just send them money with message, and it costs you nothing.
  3. You can swap Cryptos with pairs don't exist on any market. For example, you have ETH and want to buy Ripple, but (in theory) this pair don't exist (in market you have to sell ETH with USD, and then buy Ripple with USD). We coped with that problem, and we first FIND the shortest way to buy XRP with ETH without your actions, easly and fast calculating price of exchange.
  4. Local merchants. Imagine you are living in Venesuela. You started day, and you want to eat carrot soup. You can go to old woman on your street corner. In 10 minutes on your way price of carrot changed from 10 of local currency to 1000 of local currency (hello inflation). But, you know that price of carrot in Dollar is stable, and you know that old woman has Fulmo on her phone. She has to just open app, provide price in dollars and show you QR code (note that it can be even NFC). You scan her qr, and pay in one second. She don't need to be registered merchant with registered shop (because in real, she isn't, she just selling carrots, and tomatos).
  5. It looks really amazing. We spent a lot of money for design.
  6. We accept a lot of cryptos, owner can provide new in seconds, its all normalized and in backend there is no difference between Fiat and Crypto. You need only transactions and prices provider.
Cryptos we already connected are: - BTC (yeah, father is mandatory) - LTC - ETH - ETH Tokens - LTC (and some cryptos based on LTC/BTC) - LIGHTNING NETWORK (what is really awesome)
Why aren't we the biggest crypto market now? We don't have money. Budget was calculated for 2 years, but some investors decided to don't invest after Bitcoin prices are falled down. Im not angry for them, its business. We (as software company) invested about 20% of all.
Are we interested to continue developing this app, if we find buyer? Sure! It was really great experience to create it, i miss it really.
Okay, so if i'll see that somebody is interested (even only to see how it works) ill run dev enviroment with "fake" money, and show you everything.
So, business Redditors, do you thing that its interesting? How to sell this product? Maybe you know somebody interested of that?
'''
Me, and my developers made amazing Crypto App, and I need your advice how to sell it.
Go1dfish undelete link
unreddit undelete link
Author: flumoo
submitted by removalbot to removalbot [link] [comments]

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