Quote from: E f f e c T on April 18, 2014, 06:16:32 PM

Quote from: BongaManollo on April 18, 2014, 12:41:50 PM

@cryptx and others. We have the weekly div payout on friday. If you look historically at the BTC prices day by day, I think that friday is one of the worst days to change you btc to fiat.
Maybe it's an idea to change the div to thursdaymornings. Most of the time I see an higher price at that moment compared to fridays.
Just an idea to lower the managementfees for all of us.

CryptX, please take into serious consideration the above. he makes an excellent point. BTC regularly takes a dive before the weekend as traders exit the market, putting the dividend and hosting fees on a monday afternoon or a tuesday would see our costs significantly reduced.

Hummm very interesting! How about ... if Cryptx says changing the weekly dividend timing is a reasonable thing to do (who knows, maybe there are business reasons or tech nuisances that we couldn't know), then some of you geniuses figure out what time(s) in the week are best (based on historical data and/or logical reasoning) and decide something, with some numbers to show how much BTC would have been saved. Then Cryptx can change the dividend timing, giving us one short or long "week", which will create its own exception in the ongoing financial analyses but there you have it.
(btw when I say "you geniuses" I mean it affectionately.

I definitely don't have the interest in doing something like this, but I appreciate that others do, and it could be useful for all of us long-term.)
Cheers all and esp. to Cryptx team!
J