24 Mar 2018

bitFORTUNE Asset Statistics Table

24 Mar 2018

bitFORTUNE Asset Statistics Table

Cryptocurrency

The Cryptocurrency column of the bitFORTUNE Asset Statistics Table displays the bitFORTUNE logo followed by the name of the asset, that is bitFORTUNE and beneath that is the symbol for bitFORTUNE, that is FORTUNE. The bitFORTUNE name in the Cryptocurrency column is hyperlinked to the bitFORTUNE exchange. Real time updates in the bitFORTUNE Asset Statistics Table is time stamped and appears just beneath the Cryptocurrency column.

USD/FORTUNE

The USD/FORTUNE column of the bitFORTUNE Asset Statistics Table indicates the approximate current price of bitFORTUNE tokens in circulation. The price is quoted in USD per FORTUNE.

The bitFORTUNE White Paper section titled VALUE is dedicated to explaining the calculation of the net asset value of bitFORTUNE tokens. The discrepancy between the price displayed and the actual net asset value calculation used to maintain the administrative buy and sell order on the bitFORTUNE exchange as described in the bitFORTUNE White Paper sections titled DISTRIBUTION and PROFIT respectively is due to some metrics impossible to exactly know programmatically for perpetual calculation in real time. But upon the calculation for the net asset value of bitFORTUNE tokens for the administrative buy and sell orders maintained on the bitFORTUNE exchange these metrics are determined in real time with accuracy. The bitFORTUNE display price is plotted in the bitFORTUNE Price Chart.

The bitFORTUNE display price is periodically updated automatically. The update is time stamped and appears just beneath the display price. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Holding Total

The Holding Total column of the bitFORTUNE Asset Statistics Table is an approximation of the current value of all assets in holding in the bitFORTUNE portfolio. The Holding Total value is quoted in USD. This value is calculated by the summation of multiplying the amount times the price of all assets in holding. This Holding Total value is plotted in the bitFORTUNE Total Value Chart. All assets in holding are listed in the bitFORTUNE Cryptocurrency Buying & Holding section on the bitFORTUNE portfolio page.

The Holding Total value is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Trading Total

The Trading Total column of the bitFORTUNE Asset Statistics Table is an approximation of the current value of all assets in automated trading in the bitFORTUNE portfolio. The Trading Total value is quoted in USD. This value is calculated by the summation of multiplying the amount times the price of all assets in trading. This Trading Total value is plotted in the bitFORTUNE Total Value Chart. All assets in trading are listed in the bitFORTUNE Automated Cryptocurrency Trading section on the bitFORTUNE portfolio page.

The Trading Total value is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
BTC/FORTUNE

The BTC/FORTUNE column of the bitFORTUNE Asset Statistics Table indicates the approximate current price of bitFORTUNE tokens in circulation. The price is quoted in Bitcoin (BTC) per FORTUNE.

The bitFORTUNE display price in Bitcoin is periodically updated automatically. The update is time stamped and appears just beneath the Cryptocurrency column of the bitFORTUNE Asset Statistics Table. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Circulating Supply

The Circulating Supply column of the bitFORTUNE Asset Statistics Table is an approximation of the current circulating supply of bitFORTUNE tokens. The Circulating Supply is quoted in FORTUNE. This value is calculated by taking the number of FORTUNE tokens issued by the administrative account and subtracting all FORTUNE tokens held by the administrative account. This difference is the Circulating Supply of FORTUNE tokens.

The Circulating Supply is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Market Cap

The Market Cap column of the bitFORTUNE Asset Statistics Table is an approximation of the current Market Cap of bitFORTUNE tokens. The Market Cap is quoted in USD. This value is calculated by taking the number of FORTUNE tokens in circulation and multiplying that value times the price of FORTUNE tokens.

The Market Cap is periodically updated automatically. If the value since the last calculation:

  • has no variance display black
  • increases in value display green
  • decreases in value display red
Ask, Spot & Bid Prices

The ask, spot and bid prices are selectable via radio buttons in the footer of the bitFORTUNE Asset Statistics Table. Once a radio button is selected the USD/FORTUNE and BTC/FORTUNE prices will be updated to the selected price in the next real time update. The real time update may be acknowledged by noticing the price time stamp update in the footer of the bitFORTUNE Asset Statistics Table.

The ask price is the price maintained by the administrative account on the bitFORTUNE exchange that represents the lowest price the administrative account is willing to sell bitFORTUNE tokens for as described in the DISTRIBUTION section of the bitFORTUNE White Paper. The ask price is calculated from the net asset value as described in the VALUE section of the bitFORTUNE White Paper.

The spot price is the price of bitFORTUNE tokens calculated as described in the VALUE section of the bitFORTUNE White Paper.

The bid price is the price maintained by the administrative account on the bitFORTUNE exchange that represents the highest price the administrative account is willing to buy bitFORTUNE tokens for as described in the PROFIT section of the bitFORTUNE White Paper. The bid price is calculated from the net asset value as described in the VALUE section of the bitFORTUNE White Paper.

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