Topic: [BTC-TC] Deprived Mining Speculation (DMS) - page 31. (Read 198958 times)

I'll leave the bot running as long possible - and continue to allow redemptions (though I'm about to get on a train so will have sporadic net access for next few hours and won't be doing any).  I'm not at this stage sure whether transfers will work after trading is closed - if they do then redemptions can continue.

Until we find a new home dividends will continue to be paid and reports posted.

No news on moving yet.

I make the SELLING dividend a bit lower - about .00127.

Thanks for the clarification on the quantity. I don't think I'll have another opportunity to buy PURCHASE at .005, but who knows?

Yeah, keen to know about this, as well as getting a report. My rough calculation was that the next SELLING dividend was around the .00134 range and MINING is now .00001329.

Hi guys,
Welcome back after forums hack. How things are going? Deprived, have you got any news about moving to another exchange?

Bot was running fine when I went out - unfortunately seems its OAuth token had expired or been reset or something.  So when people sent in and it tried to send MINING/SELLING out it got a "Not Authorised" message.

Have regenerated the OAuth verifier and now it's running fine - have run it to clear the backlog, so everything is up to date now on it (and it's running once every 5 minutes).

You haven't had to sent in quantities of 25 or less since I completed very first testing on it - any quantity works.

Transfer bot down? Also, do we still have to send in quantities of 25 or less?

BTC Balance (BTC-TC)   449.082353
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    282.56000000
Coinlenders CD 27/9    203.64459670
Just-Dice Balance    153.86136722
TOTAL ASSETS    1,179.85831689
   
Outstanding MINING   162189
Outstanding SELLING   162189
Outstanding PURCHASE   14397
Effective Units   176586
   
Block reward   25
Difficulty   148,819,200
Hashes per MINING   5000000
   
Daily Dividend    0.00001690
50 days (Min Liquid)    0.00084483
100 days (Forced Close)    0.00168966
365 days (Buyback)    0.00616724
405 days (IPO)    0.00684311
400 days (Post SELLING div)    0.00675862
410 days (Pre SELLING div)    0.00692759
   
NAV Post MINING Div    1,176.87462089
NAV/U Post MINING Div    0.00666460
Days Dividend Post Div   394.44
SELLING Dividend    -         
NAV Post SELLING Div    1,176.87462089
NAV/U Post Selling Div    0.00666460

-----------

NAV/U    0.00666459
NAV/U Excluding Ciphermine    0.00506447
Ciphermine per unit    0.16001269
Units per Ciphermine    6.24950453

----------

PURCHASE is being reopened as I've received a couple of requests to trade or cash them in.

Those wanting to cash in will need to send PURCHASE then when they received MINING and SELLING send those to me for redemption.  The exchange bot is now back running - and it can't identify which trades want to sell back and which want to split to only sell one half.

As I have to go back out now I can't manually do it even if I wanted to.  I should be back in a few hours to do any redemptions sent in by then - then will be out yet again for the rest of evening.

Any news on a move to Havelock or Bitfunder post October 7?

Yeah, I'll do a news post for PURCHASE now (with the option set so that all holders will receive a copy by email).

Here's today's report - dividends went out on schedule.

BTC Balance (BTC-TC)   452.0666564
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    282.56000000
Coinlenders CD 27/9    203.64459670
Just-Dice Balance    153.86136722
TOTAL ASSETS    1,182.84262029
   
Outstanding MINING   162189
Outstanding SELLING   162189
Outstanding PURCHASE   14397
Effective Units   176586
   
Block reward   25
Difficulty   148,819,200
Hashes per MINING   5000000
   
Daily Dividend    0.00001690
50 days (Min Liquid)    0.00084483
100 days (Forced Close)    0.00168966
365 days (Buyback)    0.00616724
405 days (IPO)    0.00684311
400 days (Post SELLING div)    0.00675862
410 days (Pre SELLING div)    0.00692759
   
NAV Post MINING Div    1,179.85892429
NAV/U Post MINING Div    0.00668150
Days Dividend Post Div   395.44
SELLING Dividend    -         
NAV Post SELLING Div    1,179.85892429
NAV/U Post Selling Div    0.00668150

-----

NAV/U    0.00668149
NAV/U Excluding Ciphermine    0.00508137
Ciphermine per unit    0.16001269
Units per Ciphermine    6.24950453

Thanks for your advise. Maybe an email notification can be sent to the PURCHASE holders?

Bid side, yes. But at the ask side, now it's 0.005389 + 0.001336 = 0.006725, above PURCHASE price already. Panic selling is over.

Only if anyone tries to sell them cheaper - the fund's own ask wall would be at a bit over NAV/U counting CIPHERMINE.B1 at full face value (not as much as usual as I wouldn't be adding my management fee on - so if anyone did buy them it would all go into the fund).

I'd advise against buying from the ask I put up (if anyone wants to trade their PURCHASE in, that is - if everyone with PURCHASE just wants to sit on them for now them I won't reopen trading) as last time I looked you could buy MINING+SELLING on the market cheaper anyway.

Does it mean if this fund is re-listed later, now is the chance to buy PURCHASE a little bit cheaper?

I only just realised that, having locked PURCHASE for trading, noone can send me them to convert them to MINING+SELLING and cash them in.  (I'm pretty sure you used to be able to transfer when a security was locked - or maybe it's just the issuer that can do it).

If any wants to do those trades let me know - and I'll reopen trading on PURCHASE.  I'd put units up for sale at NAV/U+2% (no management fee) - not because I want to sell more but because I if I don't then some bright spark will put some up a lot higher, then some idiot will buy them at a stupid high price then I'll get whined at.  Obviously anyone trying to sell is welcome to undercut me - I'd just be keeping the price honest.

You would NOT be able to cash them in directly - as I have no way of knowing if PURCHASE sent to me are meant to be converted into MINING+SELLING or sold back (and the bot would send back MINING+SELLING automatically).  But anyone wanting to cash in would be able to exchange the PURCHASE for MINING+SELLING then send the MINING+SELLING back to me.

If I get any requests for this I'll reopen PURCHASE for trading - you can ask either in this thread or by PM.

I just turned the bot off for now - it's been running non-stop without any trades since I locked PURCHASE.  It only just occurred to me that it was very strange that NOONE had wanted to trade in - with well over 10K PURCHASE out there.

KnC have demo'ed a working Jupiter:

https://www.youtube.com/watch?v=JFOcI8nK2xI&feature=youtu.be

They claim they started shipping on the 30th, with a performance of 576GH/s per unit. Should give the difficulty a nice kick-along. The 28nm era is here!

BTC Balance (BTC-TC)   479.2763918
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    290.13000000
Coinlenders CD 27/9    203.64459670
Just-Dice Balance    153.86136722
TOTAL ASSETS    1,217.62235567
   
Outstanding MINING   166925
Outstanding SELLING   166925
Outstanding PURCHASE   14397
Effective Units   181322
   
Block reward   25
Difficulty   148,819,200
Hashes per MINING   5000000
   
Daily Dividend    0.00001690
50 days (Min Liquid)    0.00084483
100 days (Forced Close)    0.00168966
365 days (Buyback)    0.00616724
405 days (IPO)    0.00684311
400 days (Post SELLING div)    0.00675862
410 days (Pre SELLING div)    0.00692759
   
NAV Post MINING Div    1,214.55863756
NAV/U Post MINING Div    0.00669835
Days Dividend Post Div   396.43
SELLING Dividend    -         
NAV Post SELLING Div    1,214.55863756
NAV/U Post Selling Div    0.00669835

------------

NAV/U    0.00669835
NAV/U Excluding Ciphermine    0.00509827
Ciphermine per unit    0.16000816
Units per Ciphermine    6.24968118

Been out all day again - thought I'd scheduled the dividends but apparently not.

Will get spreadsheet updated, send dividends, post reports and schedule dividends for next few days now - as I'll be out quite a lot this week.

Todays dividend hasn't been paid yet.

hrmmm last week got paid dividends on mining at 9:00am PST. Did I miss some news or is this paid at different times?