There are people on this thread whose shares in DMS.* are worth a significant amount. Some of us may be interested in doing our own detective work sooner than next month. Is there any reason you can't divulge his real name here? Whatever has happened, we are due the opportunity to find out so we can work out what to do next.
The guy has been away for three months without explanation; I think he's waived his right to pseudonymity.
I am still looking into seeing what everyone at CT knew of him before I can really make many statements, because my interactions were a few internal E-mails from him - nothing that would allow you to track him down. Let me try to discuss Deprived's identity with the rest of the board, and if I can find out anything more, share it with you.
Having said this, the last communication I had with him was 11/15/2013.
OK, thanks for doing this.
+1
+2, some of us have VERY significant amounts invested in DMS!
Also, I looked into the B.Mine and B.Sell thing at Havelock, my apologies but it is a Ponzi scheme. The provider brings nothing to the table other than taking the fees. Both B.sell and B.mine DECREASED in dividend prices today. Fortunately, I was logged into Havelock, waiting for the dividends, and was able to sell immediately without too much loss.
B.MINE/B.SELL is almost exactly the same as DMS. Sure, there are some details that are different, but the concept is identical. Neither BDD nor DMS even remotely resembles a Ponzi scheme.
Thanks for the vote of confidence, Rannasha.
HowlingMad, BDD functions very similarly to DMS with the main exception that the funds' capital is not invested, but simply held in escrow by Havelock.
If the Difficulty increases, MINE's dividends will decrease as well because the dividend formula emulates a 5GH/s miner, which would now be paying out less due to the increased Difficulty.
SELL returns excess capital to shareholders - since the Difficulty increased, the capital needed on hand for 200 days of dividends decreased, and a dividend was issued to SELL holders. This is functionally the same way that DMS operated, so I'm not sure why this was any surprise to you.