>> (p.1)
    Author Topic: Flexcoin Payments went out today!  (Read 1940 times)

    • the founder (OP)
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    September 05, 2011, 08:14:20 PM
     #1
    If you have a flexcoin account with a greater than zero balance you most likely will notice you got paid in bitcoins today Smiley
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  • evoorhees
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    September 05, 2011, 08:18:43 PM
     #2
    Confirmed!  Pretty sweet!

  • the founder (OP)
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    September 05, 2011, 09:50:55 PM
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    Cool beans!  The payments were greater than estimated..  IE flexcoin is doing better than projected Smiley
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  • nmat
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    September 05, 2011, 10:20:19 PM
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    I (and everyone I suppose) received 0.02% from the discounts. This is cool, but it would take a really long time (couple of years maybe) to cover the 0.5% withdrawal fee. So yes, it is a nice service, but people will not earn money by using Flexcoin. They will just pay less fees to withdraw.

  • NothinG
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    September 05, 2011, 10:25:03 PM
     #5
    Quote from: nmat on September 05, 2011, 10:20:19 PM
    I (and everyone I suppose) received 0.02% from the discounts. This is cool, but it would take a really long time (couple of years maybe) to cover the 0.5% withdrawal fee. So yes, it is a nice service, but people will not earn money by using Flexcoin. They will just pay less fees to withdraw.

    This is actually a fair price.
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    September 05, 2011, 11:44:59 PM
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    If anyone else can confirm that they got additional funds in their account let me know.   This is the first payment sent out after going live without the invite process.
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  • Littleshop
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    September 06, 2011, 12:09:02 AM
     #7
    Got mine!  Thanks!
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  • randomguy7
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    September 06, 2011, 12:20:47 AM
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    Mine arrived too. What's the interval for this payments, monthly?

  • the founder (OP)
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    September 06, 2011, 12:28:30 AM
     #9
    Quote from: randomguy7 on September 06, 2011, 12:20:47 AM
    Mine arrived too. What's the interval for this payments, monthly?

    Yes on the first week of each month.
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  • the founder (OP)
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    September 06, 2011, 12:14:08 PM
     #10
    Quote from: nmat on September 05, 2011, 10:20:19 PM
    I (and everyone I suppose) received 0.02% from the discounts. This is cool, but it would take a really long time (couple of years maybe) to cover the 0.5% withdrawal fee. So yes, it is a nice service, but people will not earn money by using Flexcoin. They will just pay less fees to withdraw.


    if you have more coins, you get a higher percentage interest payout...it's determined by a ratio of your coins to total coins on server, not a flat interest percentage
     
    Make transfers to his ID you do actually earn money,  transferring to his ID is FREE.  But you still collect from the people that still use old school bitcoin addresses.

    We are trying to make bitcoins easier for the general population.
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  • nmat
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    September 06, 2011, 12:23:46 PM
     #11
    Quote from: the founder (FlexCoin) on September 06, 2011, 12:14:08 PM
    if you have more coins, you get a higher percentage interest payout...it's determined by a ratio of your coins to total coins on server, not a flat interest percentage
     
    Make transfers to his ID you do actually earn money,  transferring to his ID is FREE.  But you still collect from the people that still use old school bitcoin addresses.

    We are trying to make bitcoins easier for the general population.

    From what I understand, everybody got 0.02%. Of course that who has more coins earns more discounts, but the percentage is the same. Am I wrong?

    Anyway, I am not criticizing the service. I understand the benefits of having a Flexcoin ID.

  • qikaifu
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    September 06, 2011, 02:13:58 PM
     #12
    well, since the ponzi scheme is still at its early stage, and more people will get convinced, SO, jump in right now!
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  • nmat
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    September 06, 2011, 02:24:51 PM
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    Quote from: qikaifu on September 06, 2011, 02:13:58 PM
    well, since the ponzi scheme is still at its early stage, and more people will get convinced, SO, jump in right now!
    Man.. you will not profit from this. Haven't you been reading? When you want to withdraw you will pay more than what you received. Flexcoin has advantages besides the discounts and you are paying to use their service (of course that you will indirectly win something by using Flexcoin to Flexcoin transfers, but none of this is has any relation to a ponzi scheme).

    I think there are people here in the forum who specifically search for threads that haven't been trolled yet. Maybe there's a "Show untrolled posts" button and I didn't see it...

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    September 06, 2011, 02:38:11 PM
     #14
    Quote from: qikaifu on September 06, 2011, 02:13:58 PM
    well, since the ponzi scheme is still at its early stage, and more people will get convinced, SO, jump in right now!

    We generated 30% of what was paid out 70% went as a payment to account holders.  qikaifu,  after you learn simple math come back and apologize.
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