1) Time 0 (July 25): convert the total BTC-e portfolio (coins and fiat) to only one currency (USD, for example) and calculate % of each account balance in comparison to the total BTC-e portfolio.
"Convert" in this article is just for calculation purpose, there is no exchange of coins.
Example:
account1: 0,0005%
account2: 0,0015%
account3: 0,0012%
account4: 0,0003%
.
.
accountN: 0,0037%
TOTAL BTC-e Balance: 100%
2) Time 1 (when the website comeback): convert the total BTC-e portfolio of coins to only one coin (BTC, for example) and calculate % of each coin in comparison to total BTC-e coins.
Portfolio BTC-e (example): 60% BTC, 14% ETH, 7% BCC, 5% LTC, X% altcoins.
If some coins the % is too low, aggregate them in few accounts.
3) Time 1 (when the website comeback): update each account balance according to new quotes and distributions calculated on item 1 and 2. All account balances converted in coins.
4) Available to Withdrawal: 55% of the account balance (coins -- the same proportion calculated in the item 2). Doesn't matter if the customer had coins, fiat or coins/fiat on July 25.
5) Token Balance (debit): 45% of the account balance (BTCT).
SIMULATION: If all coins have increased 50% on average since July 25, then new account balance would be 0,55 x 1,50 + 0,45 = 0,825 + 0,45 = 1,275 account balance on July 25. In this case, all customers would have increased the account balance in 27,5%. Taking into account BCC and recovering fiat, this number can be even higher.
More value for BTCT token:
Customers receive % of BTC-e profit according to % BTCT tokens. For example, 100% of BTCT tokens = 30% of BTC-e profit.
Coin supply over 45% debit value (X% to customers and (1-X)% BTC-e hold). If 40% of total tokens given to customers (and BTC-e holds 60%), then token holders receive 12% of the BTC-e profit.
No price limitation on the face value (1 BTCT = 1 USD) for trading tokens
If BTCT token price goes:
. DOWN: BUY tokens and liquidate the debit in lower price. The customer can wait and sell the token after "M" months to BTC-e for the face value (1 BTCT = 1 USD).
. UP: SELL remain tokens and bring to present value the free cash flow (pay the fine, for example)
All values are just example.
BTC: 1D6hSnjZ94vrjEkaGGxvZcnczmZGR3cy6W
Congratulations @bbitcoinn! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit