Bible Pay

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  • jaapgvk
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    • September 01, 2017, 08:02:57 pm
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New Exchange Fund (recoup fronted BTC November 2018)
« on: November 14, 2018, 08:53:55 am »
Hi everyone,

I presume that you all know that I fronted some BTC to get us listed on coinexchange.io. Sadly, since the fronting, the BBP price went down, so it's taking way longer than expected to recoup the costs.

I sold what I got last superblock + some of my own BBP - to speed up the proces - (a total of 2M BBP) at 6 satoshi today.

Here you can find an overview of the Fund-sales:
https://docs.google.com/spreadsheets/d/1A0ZUlpMaw7pZ5YQEiLN7WoqZP1bq5VOcEZGzMS8KWlw/edit#gid=0

Here is the Fund address (it needs to get to 3BTC 'total received' to be even again), so we still need about 0.17 BTC.

https://www.blockchain.com/btc/address/3AojspQgpSSDdPJJANj4UtSBFUZy8YdduT

Here is the previous discussion about the Fund:
https://forum.biblepay.org/index.php?topic=97.0

I will be asking for 2M BBP this round. I just want to get this over with as soons as possible so we can look at the future again :)

Also, please take note: after I have recouped the costs, someone else needs to take over the fund (of someone can already start a new Fund today if needed). I have burned out and need to take some time to take care of myself for the time being.