/biz/ - Business & Finance

screenshot?

>>3961565

to the moon

Hmmm.....

>>3961592
Kucoin shill detected

YEAH THEY ARE OUT
so comfy, man this is my third moon mission so far, i am so glad

>>3961580
>convention
Hope he actually meant conversion.

>>3961539
Aww shit nigga something's happening.

>>3961539
I have a "distribute" button next to ETH now. I don't have enough to do it yet.

>>3961750
According to >>3961580 they've finished ETH, but they're going to do the conversion for BTC/ARK/etc and add it to the stack, then the rest of the shitcoins.

here we go

>>3961735
How much COSS was that award based on?

>>3961792
7k one week, 12k the next. Now I have 17.5k total.
1st week snapshot was about 1M USD daily volume, 2nd week was .5M USD daily when the hype died down.
Don't try to do math based on these numbers, the variables are all in flux.

TRADING LIMITS LIFTED
ETH DISTRIBUTED
nonERC20 ABOUT TO BE CONVERTED INTO ETH
ERC20 SHITCOINS COMING LATER

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH I'M GONNA BE RICH I HAVE 35k COSS

are we moonin or what?

>>3961963
Can't moon yet. $80k sell wall to chew through first. See: >>3961592

>>3961989

I can take down that wall. Shill me

>>3961838
got 250k. man if this reachs 1 dollar i am free of wageslaving. but i will not sell. i wanna live from dividents muahahaha

>>3962003
if you break it now. you could instantly put sell orders too but a good amount higher. you can make it moon. i started this from 4 cent to 8 and then it mooned to 26 even

How much coss do I get per day/week? What's the calculation I do.

>>3961816
yep exactly. part of the reason hype died down was because the dividend payments were delayed. if they keep improving we're gonna see $1-2 before long

>>3962060
Weekly trade volume *0.001/93,000,000 is the minimum $value payout per week

Later there will be other streams of revenue that will also be split with COSS holders

So last week I held 35k COSS (market value $5000) which gave me about $4 of dividend, and this was at rock bottom volume, if the volume 10x I will make $40 a week, if the volume 100x that's $400 a week, for a $5000 investment now

100x in volume is half of binance volume

>>3962099
good god im shilled and already hold coss. Fuck me i want to sell my goddamn dog to buy more now. fuck

i just bought some more. some fags even sold lower than 30 minutes ago lmao

i got money on the way. i got a goooooood feeling about coss

>>3961539
>TFW you only hold 520 COSS
>TFW you dont have funds to buy anymore at all
>TFW about to lose job due to never showing up since I hate my job.

I will never get any better.

>>3962230
i hope you used eth its way faster than btc deposit

>>3962239
i actually did, not because of that tho, i just had some eth laying around. good looking out tho. normally wouldnt have thought of that

>>3962239
so yeah it said 3-6 hours. last time i did btc it took like 5 hours i think. how much faster is eth...?

>>3962239
hoooooly fucking shit its already here. nevermind LOL

ill just be over here scopping up some cheap ass coss ;)

>>3962233
is this enough to make some money atleast?

>>3961539
so how do dividends work?

>>3962332
520 coss is like less than $100, maybe by next year when the volume explodes it could bring in something

>>3962332
not in the short term cause you will not be able to withdraw because of lack of gas

damn those walls! someone is dumb enough to stop the train. COSS is rank 192, after DAO they're planning to put better chart which will make it on par with cuckcoin at least. 12M market cap so far. easily will go to 50M at least

>>3962347
thats what I was hoping. Short term im fucked but ah well

>>3962340
ETH and ERC20 tokens are distributed to wallets. Non-ERC20 tokens are converted to ETH and distributed.

The snapshot takes place every sunday, and you either hold COSS in the COSS wallet, or in MEW (but you have to set up some smart contract shit so there no really point to doing that).

>>3962347
shiit man i only got 600... the weekly dividends will add up at least right? shit especially if the coins moon im compensated with?

>>3962370
is a thousand of these a decent amount to get?

>>3962382
20k at least

unironically bought 100k coss yesterday

feeling pretty comfy

>>3962003
dude eat that freaking walls think later

Wtf. Every time I try to buy on their exchange, I get "insufficient balance". I'd eat most of that wall too.

>>3962431

Shill me more. I'm interested but I need to know more

>>3962472
there was a trade limit to $2000, only just been lifted to $100k about 1-2hrs ago.

>>3962472
i was getting that same message even tho i had enough funds (like 50 bucks)

idk what the deal is. just keep fucking around and it will let you buy

>>3962320
eth takes a few minutes (30 seconds to 5 minutes) whereas BTC takes like 5-20 hours, which is why BTC will eventually be obsolete, it won't be practical to transfer it

>>3962544
1. It's part of Enterprise Ethereum Alliance
2. It gives 50% pay split fee per week (just been fixed). at the moment 1 token will give you 0,00015. This will increase along with volume transaction.
3. Rune COSS cofounder is listing more new ICOs like Enjin LINK and other stuff. He promised to be one of the first to list new coins.
4. Market cap is still low, I can imagine this go up to $1
5. He's pretty quick in fixing and updating user feedbacks. the next step after this is updating trading chart with better chart. Possibly trading view.
6. It's hyped coin at the moment, and potentially can be on top 20 exchange by Q1 2018

>>3962382
if you're looking to flip the coin for an easy 5-10x then sure go for 1k but it won't really pay much in dividends if thats what you're going for

I have 40k COSS atm and want a lot more

>>3962544
https://medium.com/@coinsoncoins/the-bull-case-for-coss-why-it-is-not-unreasonable-for-coss-to-go-up-39x-63d0f5fbbdea

>>3962645
how much returns in dividends does one get.

>>3962628
top 20 would mean a 40x, so yes very doable

>>3962698
>>3962628
nice shilling, buying does not even work

>>3962583
It won't let me buyyyy

if the coss holders split half the fees, and i'm a coss holder... doesn't that mean my fees trading in the system are covered by my dividends provided i own twice as much coss proportionally of all coss as I pay in fees proportional to all fees during that period? Why would I trade anywhere else once this picks up?

>>3962780
that's the bull case for coss

>>3962583
I got one small buy order through, but can't get any more through.

>>3962780
Say hello to the recursive profit loop. The more people use the exchange, the more profits are divided between holders. The more profit people drag in, the more people will want a healthy COSS stack, the high the price skyrockets. Repeat ad infinitum.

>>3962712
You might need to logoff and logon. It's still beta after all

>>3962696
well its based on the amount you hold out of the total supply I think, so 1000/200,000,000 means you'd get 0.000005% of the total dividends paid out, and the dividends paid out are based on the COSS.IO exchange volume (of all coins traded ON that exchange)

So with 1000 COSS and current volume you'd probably get like $0.05 worth or some shit, you'd have to figure it out. As volume goes up tho the dividend amount goes up, and they're planning to implement real world merchant payment options which we'll get paid dividends from as well.

Double-edged sword, the more successful the COSS exchange is, the more dividends paid, and the more valuable COSS coin becomes. Buy a lot now and potentially gain a shitload of profit in the long run.

>>3962959
wrong 1000/93.000.000 it's based on circulating supply. Current circ supply is 83M + 10M(charity)

>>3962982
ah ok still the point is the same, iwth 1000 COSS you're not going to get much in regards to dividend payouts right now. I'm holding 40k COSS and not getting much dividends either.

If volume goes up though we're going to the moon.

Did my transfer in BTC....fuuuuuuu

>>3962982
This is correct. Only the circulating supply and charity are generating dividends at the moment.

Pic related is the vote that was put up to ICO buyers, option B was chosen by about 73%.

>mfw I deposited BTC to coss.io and it still hasn't showed up despite my deposit address being correct.

>>3963295
BTC takes forever on there. Eth was almost instant for me.

>>3963356
so the 3-6 hour disclaimer wasn't bullshit then on the site? Damn

>>3963426
Nope. ETH goes through in like 3 minutes though. In fact it's better to just buy, trade, and transfer in ETH whenever you can since most exchanges don't even bother to use segwit.

The good news is that COSS isnt moving much. Better luck next time.

>>3962472
>>3962583
>>3962715
>>3962839
Having the same problem, giving it some slack since it's still in beta. You guys figure anything out yet? I've been trying for 20 minutes.

>>3963538
im haveing this same issue I could eat half that wall right now if I could fucking buy it.

Also their KYC needs to be sped up a shit ton Ive had mine waiting on them for 2 weeks now.

>>3963538
>>3963634
I randomly just now got it to work, no idea how. Just happened to work one of the times I hit the buy button.

>>3963538
Haven't tried buying anything recently. It's possible something went wrong with the update they just pushed.

>>3961539
I'M SO HAPPY! MADE ANOTHER THREAD ABOVE BECAUSE DIDN'T SEE THIS! CONGRATS BROS/LADIES WE MADE IT OUT OF WAGEKEK LIFE!

>>3963426
took like 5 hrs for me 30 confirmations

>>3963669
>>3963538
>>3963697
Ya it just worked for me too.

Looks like they removed their bullshit 2k usd limit too cause I just bought 20 eth worth.

Debating whether to throw in another 10k usd cause this coin if they get the bugs worked out is a juicybuy. biggest hurdle was the payouts and they got it right it looks like. Coin still hasnt mooned at all either I sold my initial stack at more than I just bought these 35k for

>>3963757
holy hell well at least you gave me a piece of mind.

>>3963697
>>3963767
Yeah it's working 100% now for me as well, hopefully for good as it made me a little hesitant to buy.

I'm now the proud owner of 1137 COSS; I'm a poor ass college student, but hey, it's a start.

Just got my coins! Thanks anon.

>>3963538
>>3963669
This

>>3963797
I own ETP and COSS and Id buy all you can.
You're in college its a selling point when you go suck some dicks for coss cash. Cause I think this coin is an easy 10x in a few months. The volume has picked up consistently but the site still has a lot of work. Its a risky buy but I think the payout could be worth it.

Anyone have a slack link?

>>3963839
I second this also any biz bros want to eat a sell wall with me?

>>3963839
>>3963925
https://twitter.com/cosscrypto/status/921003970310623233

I assume the link still works.

>>3963952
NOOOOO MY COOOSSSSSS GIVE IT BAAAACCCKKK!!!!!

>>3964068

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA MY LINK

I kek at this meme idk why

holy shit

>>3963295
>using btc to transfer anything in 2017

>>3963839
https://cosstokenswap.slack.com/

SLACK LINK FOR YOU FAGGOTS

Make sure to buy coss from coss exchange because it will give 50% the pay split fee for the holders weelly. That's how we get dividends anyway

>>3963295

I don't understand why you used BTC in the first place, it is literally the shittest of shitcoins

Also for anyone trying to buy on coss.io, you can just buy on hitbtc and transfer your coss tokens to coss.io before the next dividend payout.

I noticed they delay larger transactions for security reasons at the moment but small payments are quite fast

Do the math anon: https://docs.google.com/spreadsheets/d/12_-v8SwpOCLVysQmi9nmMgLoz4xTJFOrW95BnoIh-ig/edit?usp=sharing

Uhm guys shouldnt we be mooning atm

>>3965244

uhm guys its not mooning

>>3965244
>>3965257
Have you received your payments yet?

>>3965244
AHHHHHHHHHHHHH I WAITED 2 WEEKS FOR THIS WTF DO YOU MEAN AHHHHHHH WHY ARENT WE MOONING AHHHH I DIDNT WATCH THIS FALL TO 10 CENTS FROM 26 JUST FOR IT TO GO SIDWAYS I DONT EVEN WANT A MILLION I JUST WANT 20 CENTS WTFF

>>3962628
Rune appears to be a stand up guy. Also take into consideration that COSS stands for Crypto One Stop Solution. The dividends payed out to coss holders is for ALL revenue the site will make, including merchant sales and other financial services they plan to implement. What if it becomes like etsy/xapo/kickstarter + a successful shitcoin exchange. How much do you think it will generate? I plan on holding for years. passive income is passive income and a satoshi today will be worth infinitly more as time goes on. Its the sleeper you have been looking for and you are still in early. the last i checked the price was going down.

>>3965331
Give me that sweet, cheap coin. Let is fall from the heavens, God's mana, to wash over the non-believers. Let me taste their tears as I fill my cup to overflowing.

>>3965679
Literally capped

>>3965775
>And let’s not forget we are still very early in the cryptocurrency bull market, and it is certainly a sound bet to say that total trading volumes for all cryptocurrencies will increase in the months and years ahead. The average 24 hour trading volume of all cryptocurrencies today is $4.5 billion, and when that number doubles or triples, all the exchanges will win, especially COSS token holders.
>In summary, I think COSS is the best investment of October 2017, because of both the opportunity and that the token value is tied to something you can easily measure daily. The COSS token value is tied to the daily trading volume, something you can check in a click on coinmarketcap.com. You can look at the trading volume every single day, and if after a week or a month you feel like the growth is not to your liking, or the fee split allocation is too little, you can just sell your tokens. Compare that to a stock where you have to wait until end of of the quarter for an earnings report, or compare it to the 99% of other cryptos whose value is tied to some utility for a product that isn’t even in use yet, this certainly seems like a top 1% investment idea in terms of risk and reward.

>>3965800
I think the FOMO is going to really light a fire under this coin. Once they get the payout straightened out and can concentrate on the exchange again, it's gonna drag a lot more volume in. They already have plans with some upcoming ICOs that they're not widely advertising. Just one or two good ones will pull people in like crazy. Substratum was a good start but sadly they didn't keep the momentum, turning to the dividends instead. I would have waited a couple more weeks for the payouts if they were still adding coins.

>>3966252
Absolutely. This isn't a coin where we'll see $1+ tomorrow but we could in a month or two pretty easily. It just takes a little bit of positive news and this one will moon. So much potential.

Plus if they run their exchange right, improve it, make it nicer to look at, list new coins first straight off ED before any other exchanges do, they can definitely get some attention and traffic. Hopefully the COSS team knows what they're doing and gets this engine running smooth

Is it too late to transfer my coss to their wallet and get the shares? Forgot about them and left them in EtherDelta.

Am I fucked and have to do the annoying MEW tutorial to get the shares?

>>3966514
you need to follow the MEW tutorial if you want to keep your COSS in your own wallet.

otherwise the platform doesn't know who the wallet belongs to.

>>3966514
They take a snapshot every Sunday. There's no exact time, they base it on a certain arbitrary ETH block number that they announce a couple days in advance. The MEW thing is if you're not comfortable leaving your coins on an exchange, although you'll have to leave some ETH on there to act as gas.

>>3966532
>>3966544
I want to let them in their wallet so it gets done automatically but since I already lost the first distribution will I need to do the MEW steps before sending it to their wallet?

Or do I transfer the token and wait for next snapshot so it hopefully includes the shares from the first round too?

Reading more to be sure, thanks in advance.

Why is this shitcoin ranking rreeeeeeeeeee

I want my BTG but i can't sell at -50% ffs

>>3966620
Tanking*

>>3966604
If you missed the first two snapshots, then no, you don't get those. You only get what you're actively staking at the time. Staking only requires that you hold them on the COSS.io website, or in a properly setup MEW.

>>3966733
Gotcha, thanks for the help.

>>3961539
I was successfully shilled into buying Coss. Answer me screenshot related, though. Does it really take 3+ hours to deposit ETH in their exchange, or is that an overstatement? I would buy it from HitBTC otherwise.

why it is going down?

Our Ponzi attracted more people !
We are now able to pay the dividends !
Buy more for safe and quick gains !

>>3967237
ETH, no. Mine's gone through in about 3 minutes.
BTC, yes. For some reason it takes an ungodly amount of time.

>>3967243
Because you FOMO'd at ATH and kek feeds from your suffering.

>>3967237
Nah it's literally minutes. Under 5 we're my last two.

>>3967268
Ah, the classic COSS-FUD.
Stay poor while we stay cossy.

coss is life. coss is love . get coss'ed

guys, COSS or KUCOIN, which one should i get in?

so far im leaning more towards kucoin since the exchange is pretty damn smooth

>>3967778
Once COSS finished resolving token based split allocation fee problems, they're on to UI/UX improvements and new tokens listing. Things should start happening next week.

>>3967778
This provides a breakdown:
https://bigblocksblog.wordpress.com/2017/10/16/kukcoin-coss-who-pays-more/

(Hint: You're in a COSS thread. Guess which one wins.)

>>3967778
>he does not buy both

>>3967886
Why buy both when one appears to give multiple times the payout of the other?

>>3968605
because i do not bet on one horse

THEY STILL HAVENT PAYED ANY OF IT WTF ARE THESE RETARDS DOING

>>3968894
You can now receive ETH payout. Payout is not an automatic process as it's on smartcontract and DAO needs gas to process it.

>>3969357
What if i hold the coss on the exchange? Why no payout wtf is this shit