Re: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit
The next dividend payout is scheduled for November and will be paid out as usual on the 1st. Starting December we will be able to make an effort and move towards monthly dividend payouts.
With the current bitcoin price going down slowly i would suggest sending out divs as soon as the profit is made by cannabit. Changing USD to BTC and sending out a div regardless of time and date. Otherwise you would have to keep USD, which might not be a problem, but holding BTC can be a problem. Seeing that the Bitcoin lost 27.44% of its value in the last 30 days it would mean a big hit for divs value if BTC were hold back for such a time only for being able to pay out divs then.
Yes, im a fan of bitcoin, but im in this as an investor.
Hear hear! Everything is on schedule, right Cannabit?
Dont understand my post the wrong way. As far as i know everything is on track and it might get better (ill better remain vague...
). I posted this only here to see what other investors think about it. I imagined that cannabit might hold btc for a month only for being able to pay a monthly div. I could have checked that directly but i wanted to see how other investors react.