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Topic: AMHash1: Cost-Effective Mining Contract - page 105. (Read 304259 times)

hero member
Activity: 616
Merit: 500
January 04, 2015, 06:22:15 AM
On the Hashnest farm 0.0003 today and S2 market 0.0002  Grin

Do they accept credit cards ?
full member
Activity: 196
Merit: 100
January 04, 2015, 06:21:31 AM
On the Hashnest farm 0.0003 today and S2 market 0.0002  Grin

Wow. I bought some at .00049 and thought it would recover. Seems the christmas offer caused a lot of panic sells.
hero member
Activity: 1988
Merit: 593
January 04, 2015, 06:10:52 AM
On the Hashnest farm 0.0003 today and S2 market 0.0002  Grin
hero member
Activity: 616
Merit: 500
January 04, 2015, 04:45:20 AM
Needless to say the reason I post this is i hope to get more lively

trade in these derivatives thus hopefully creating trading opportunities

for me.  Grin

There's a lot of stuff to read, not so easy to understand. Could you please give a short summary how they work, when will which of them make profit?

Read up on it here

https://bitcointalksearch.org/topic/havelock-bitcoin-difficulty-derivative-bdd-430137



sr. member
Activity: 968
Merit: 250
January 04, 2015, 02:43:40 AM
Needless to say the reason I post this is i hope to get more lively

trade in these derivatives thus hopefully creating trading opportunities

for me.  Grin
  i  perfer b mine as well, i dont have to worry about btc prices.i know what im getting. but the liquidity is dogshit over there,not much to play with. oh yea theres an end game,so becareful guys. the divdends come from a reserve fund. if ur good at math u will be fine.
full member
Activity: 196
Merit: 100
January 03, 2015, 11:54:31 PM
Needless to say the reason I post this is i hope to get more lively

trade in these derivatives thus hopefully creating trading opportunities

for me.  Grin

There's a lot of stuff to read, not so easy to understand. Could you please give a short summary how they work, when will which of them make profit?
hero member
Activity: 616
Merit: 500
January 03, 2015, 09:46:32 PM
Needless to say the reason I post this is i hope to get more lively

trade in these derivatives thus hopefully creating trading opportunities

for me.  Grin
hero member
Activity: 616
Merit: 500
January 03, 2015, 09:35:27 PM
I can get B.MINE in two ways.

1. By purchasing B.EXCH where I get an equal number of B.MINE and B.SELL

the sell-side derivative. So far I´ve sold B.SELL right away.

2. By purchasing B.MINE directly on the market if it´s cheaper there than

B.M - B.S. in 1.

hero member
Activity: 616
Merit: 500
January 03, 2015, 09:20:08 PM
This bitcoin thing is devilishly difficult and more complex than any stock I´ve been in.

So, I´ve tried to make it as simple as possible for me there at Havelock.

I have this investment and also B.MINE a buy-side derivative. Its yield is good and

very importantly it´s totally constant between difficulty adjustments.

Then i simply rely on compound interest through reinvestments to keep my total dividend

yield ahead of drops due to difficulty increases and falling BTC. And I grab obvious

trading opportunities if they present themselves to bring my average down. This has worked

pretty well and due to the low Amhash price, dividends now give me 1.5% increase in share

number per day or compounded 25% in 14 days, between difficulty adjustments.
sr. member
Activity: 302
Merit: 250
January 03, 2015, 09:09:03 PM
if mining capacity drops sharply, confirmation may takes forever and kill bitcoin
That isn't the way the bitcoin protocol works. It will adjust to a 10 minute confirmation regardless of the direction difficulty goes.

If network hashrate drops by a small amount - then what you say is correct, if hashrate drops by 90% in an extremely short period of time, it'll take 140 days to confirm all the necessary blocks for the next diff adjustment.
I'm not going to lose sleep over that scenario.
hero member
Activity: 756
Merit: 500
January 03, 2015, 09:06:49 PM
if mining capacity drops sharply, confirmation may takes forever and kill bitcoin
That isn't the way the bitcoin protocol works. It will adjust to a 10 minute confirmation regardless of the direction difficulty goes.

If network hashrate drops by a small amount - then what you say is correct, if hashrate drops by 90% in an extremely short period of time, it'll take 140 days to confirm all the necessary blocks for the next diff adjustment.
sr. member
Activity: 302
Merit: 250
January 03, 2015, 08:26:45 PM
if mining capacity drops sharply, confirmation may takes forever and kill bitcoin
That isn't the way the bitcoin protocol works. It will adjust to a 10 minute confirmation regardless of the direction difficulty goes.
legendary
Activity: 1736
Merit: 1029
January 03, 2015, 08:09:11 PM
Well, this investment just turned into horse manure.

haha, ikr.  Too bad I wasn't reading this thread a couple days ago, I was actually planning to sell... Sad
hero member
Activity: 616
Merit: 500
January 03, 2015, 06:50:11 PM
Maybe one day I will understand this strange business model

that keeps adding production capacity at an exponential rate

the more the price of the product falls and where constantly

going short the product seems to make much more sense than

the production itself. I guess over time it becomes a question

of which you run out of first; buyers of the product or bankers

to finance the production.
hero member
Activity: 756
Merit: 500
January 03, 2015, 06:46:46 PM
BTC price = 287 on Bitstamp. Are we facing a bump upcoming or BTC is dying.  Cry

$ 286.81 (-8.98 %)

Estimated Next Difficulty:   45,872,728,865 (+12.87%)
Adjust time:   After 1337 Blocks, About 8.4 days

 "These are the times that try men's souls." like the man said.

The market is always right. For a year it has been trying to wash out

excess mining capacity. But still it balloons. The question is what it takes.

Maybe $250, 225, 200 who knows. Something has got to give.

To be honest, I think the killing off of mining capacity may kill bitcoin - if difficulty goes up 13% and price halves, this contract is pretty much worthless

if mining capacity drops sharply, confirmation may takes forever and kill bitcoin.
hero member
Activity: 616
Merit: 500
January 03, 2015, 06:39:50 PM
BTC price = 287 on Bitstamp. Are we facing a bump upcoming or BTC is dying.  Cry

$ 286.81 (-8.98 %)

Estimated Next Difficulty:   45,872,728,865 (+12.87%)
Adjust time:   After 1337 Blocks, About 8.4 days

 "These are the times that try men's souls." like the man said.

The market is always right. For a year it has been trying to wash out

excess mining capacity. But still it balloons. The question is what it takes.

Maybe $250, 225, 200 who knows. Something has got to give.
full member
Activity: 186
Merit: 106
January 03, 2015, 06:23:14 PM
BTC price = 287 on Bitstamp. Are we facing a bump upcoming or BTC is dying.  Cry
legendary
Activity: 3808
Merit: 7912
January 03, 2015, 02:18:28 PM
Does anybody know the time when the shares will get dividends on buy time?

For example i buy shares at 9.00 havelocktime and get dividend on same day or i buy at 11:52 havelocktime and wil also get dividend for same day.When can i buy the latest time on that day to get dividends? sorry for my bad english  Roll Eyes

You can buy right up to 12 their time and get a dividend for the day.

If you have say 100 units and buy 100 more at 11:58 you will get

a dividend on 200 units a few minutes later.
i always thought you had to hold the new purchases for 24+ hours for them to pay out dividends. I am glad you provided this information and made it clear  Wink

Doesn't seem so. I bought new shares and got paid the full dividend although I only had the shares for a few hours.

 I just bought a few more shares at 12:08 pm DST but when the divs paid out at 12:13 PM DST the new share divs were not included.  I believe the cut-off is 12:00 PM DST

full member
Activity: 196
Merit: 100
January 03, 2015, 02:07:23 PM
Does anybody know the time when the shares will get dividends on buy time?

For example i buy shares at 9.00 havelocktime and get dividend on same day or i buy at 11:52 havelocktime and wil also get dividend for same day.When can i buy the latest time on that day to get dividends? sorry for my bad english  Roll Eyes

You can buy right up to 12 their time and get a dividend for the day.

If you have say 100 units and buy 100 more at 11:58 you will get

a dividend on 200 units a few minutes later.
i always thought you had to hold the new purchases for 24+ hours for them to pay out dividends. I am glad you provided this information and made it clear  Wink

Doesn't seem so. I bought new shares and got paid the full dividend although I only had the shares for a few hours.
hero member
Activity: 672
Merit: 500
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January 03, 2015, 01:56:22 PM
Does anybody know the time when the shares will get dividends on buy time?

For example i buy shares at 9.00 havelocktime and get dividend on same day or i buy at 11:52 havelocktime and wil also get dividend for same day.When can i buy the latest time on that day to get dividends? sorry for my bad english  Roll Eyes

You can buy right up to 12 their time and get a dividend for the day.

If you have say 100 units and buy 100 more at 11:58 you will get

a dividend on 200 units a few minutes later.
i always thought you had to hold the new purchases for 24+ hours for them to pay out dividends. I am glad you provided this information and made it clear  Wink
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