24 Mar 2018

USD/FORTUNE

The USD/FORTUNE column of the bitFORTUNE Asset

24 Mar 2018

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
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