1. Yes. If we sell 1 BTC at $90+fee, we have to purchase a replacement for $90.
If the price then went downward, we would sell that 1 BTC at $85+fee, replacing it with an $85 coin.
This earns btcQuick an extra $5. When pricing is going up, we always price at current rate to not have a loss.
The more volatile the pricing (which Bitcoin is known for) the more btcQuick and its investors profit.
2. We are currently working out methods to make larger quantities available without increasing potential risk.
3. Google Checkout does batch transfers nightly like most processors, and the funds are generally received within 2 business days.
4. btcQuick sells set amounts of BTC where we have pre-generated private key pairs from an external wallet.
This is similar to the cold/hot wallet concept. We maintain a small balance of key pairs for the shop and
top them off regularly after re-verifying recent orders. This limits our risk exposure.
5. Yes. A monthly statement will be provided at or around the time of the standard monthly Dividend payout.