Topic: [BTC-TC] Deprived Mining Speculation (DMS) - page 43. (Read 198958 times)

I'll have to pull back some of our J-D investment to get back to the allowed 10%.  Will see what (if any) immediate trades there are on PURCHASE then do a withdrawal a bit later.  Looking like will need to withdraw about 50 BTC.

Sold   2428
Swapped   0
Total   2428
Price   0.01193
Total   28.96604
Less Fee   28.90810792
Man Fee   0.867243238
   
Units   205621
Excess Div   0.00000659
Refund   1.35504239

BTC Balance (BTC-TC)   1413.982673
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    382.34000000
Coinlenders CD 27/9   202.2378083
Coinlenders Cash   0
Just-Dice Balance    248.10000000
TOTAL ASSETS    2,337.37048141
   
Outstanding MINING   195423
Outstanding SELLING   195423
Outstanding PURCHASE   10198
Effective Units   205621
   
Block reward   25
Difficulty   112,628,549
Hashes per MINING   5000000
   
Daily Dividend    0.00002233
50 days (Min Liquid)    0.00111629
100 days (Forced Close)    0.00223259
365 days (Buyback)    0.00814895
405 days (IPO)    0.00904199
400 days (Post SELLING div)    0.00893036
410 days (Pre SELLING div)    0.00915361
   
NAV Post MINING Div    2,332.77980960
NAV/U Post MINING Div    0.01134505
Days Dividend Post Div   508.16
SELLING Dividend    0.00241469
NAV Post SELLING Div    1,836.26872598
NAV/U Post Selling Div    0.00893036
PURCHASE selling price    0.009377
PURCHASE buy-back price    0.008752
   
J-D House profit at report   6442

Looks like I very slightly overestimated SELLING dividend last night.  Think I used current balance by mistake when some PURCHASE had already been sold.  It was still very close and not a bad guess for having just got back home at 3am.

Back home now - and yes, SELLING dividend gets paid today.  As difficulty change was (just) before midnight GMT, MINING get the old dividend but DMS only pays the new one and the difference is paid by me personally.

Here's my estimate of what will happen (includes the LTC-ATF.B1 weekly dividend which I'll be paying shortly but doesn't allow for any changes in J-D investment or gain from sales/repurchases of PURCHASE).

BTC Balance (BTC-TC)   1385.2
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    384.34000000
Coinlenders CD 27/9   202.1092334
Coinlenders Cash   0
Just-Dice Balance    247.90000000
TOTAL ASSETS    2,310.25923340
   
Outstanding MINING   192990
Outstanding SELLING   192990
Outstanding PURCHASE   10203
Effective Units   203193
   
Block reward   25
Difficulty   112,628,549
Hashes per MINING   5000000
   
Daily Dividend    0.00002233
50 days (Min Liquid)    0.00111629
100 days (Forced Close)    0.00223259
365 days (Buyback)    0.00814895
405 days (IPO)    0.00904199
400 days (Post SELLING div)    0.00893036
410 days (Pre SELLING div)    0.00915361
   
NAV Post MINING Div    2,305.72276885
NAV/U Post MINING Div    0.01134745
Days Dividend Post Div   508.26
SELLING Dividend    0.00241710
NAV Post SELLING Div    1,814.58582167
NAV/U Post Selling Div    0.00893036
PURCHASE selling price    0.009377
PURCHASE buy-back price    0.008752

EDIT: Have added 1 more digit precision to PURCHASE selling/buy-back prices as BTC-TC should support that now price will be going below .01

GMT is what the contract says so if youre correct dividend will be SUnday.  I cant check for sure as not home yet.

The difficulty jump happened before the deadline by about 15 minutes I think, meaning the dividend is tomorrow

The difficulty change will be on Saturday GMT, but on Sunday GMT+1 where London is in summer. Which of them applies?

Dividends paid about an hour early as previously mentioned.  Back to normal schedule tomorrow - looks like difficulty rise will be just after midnight so SELLING dividend won't be until Monday (though still possible it could sneak in before midnight and get dividend tomorrow).

I'll be out for the next 9 hours or so - so if bot stops working it won't get fixed until I get back home.

Sold   372
Swapped   0
Total   372
Price   0.01196
Total   4.44912
Less Fee   4.44022176
Man Fee   0.133206653

BTC Balance (BTC-TC)   1389.168424
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    384.34000000
Coinlenders CD 27/9   202.1092334
Coinlenders Cash   0
Just-Dice Balance    247.90000000
TOTAL ASSETS    2,314.22765697
   
Outstanding MINING   192990
Outstanding SELLING   192990
Outstanding PURCHASE   10203
Effective Units   203193
   
Block reward   25
Difficulty   86,933,018
Hashes per MINING   5000000
   
Daily Dividend    0.00002892
50 days (Min Liquid)    0.00144625
100 days (Forced Close)    0.00289249
365 days (Buyback)    0.01055760
405 days (IPO)    0.01171460
400 days (Post SELLING div)    0.01156998
410 days (Pre SELLING div)    0.01185923
   
NAV Post MINING Div    2,308.35031103
NAV/U Post MINING Div    0.01136038
Days Dividend Post Div   392.75
SELLING Dividend    -         
NAV Post SELLING Div    2,308.35031103
NAV/U Post Selling Div    0.01136038
PURCHASE selling price    0.01193
PURCHASE buy-back price    0.01113
   
J-D House profit at report   6407

The computer it was running on decided to reset overnight.  Probably some windows update or similar - will check settings as I usually disable all automated updates.

It's running again now and has cleared all outstanding orders.

I am also missing my transfer 

Bot broke down again? (Or rather: its network connection, surely it's not a problem with the software.) My transfer (or rather: that of my computerized minion) from 03:54 CEST (almost 4 hours ago) hasn't been processed yet.

MINING dividend will be slightly earlier tomorrow (today here - the next dividend due anyway) as I have to head out for a train to London before the usual time.  I'll do it half an hour early approximately, with report as usual : think that's better than not doing a report or adjusting the price (but letting dividend go through at usual time unattended).

Sold   2973
Swapped   0
Total   2973
Price   0.01198
Total   35.61654
Less Fee   35.54530692
Man Fee   1.066359208

BTC Balance (BTC-TC)   1390.716526
9071 LTC-ATF.B1    90.71000000
CIPHERMINE Bonds    384.35000000
Coinlenders CD 27/9   201.9976282
Coinlenders Cash   0
Just-Dice Balance    247.80000000
TOTAL ASSETS    2,315.57415431
   
Outstanding MINING   192874
Outstanding SELLING   192874
Outstanding PURCHASE   9947
Effective Units   202821
   
Block reward   25
Difficulty   86,933,018
Hashes per MINING   5000000
   
Daily Dividend    0.00002892
50 days (Min Liquid)    0.00144625
100 days (Forced Close)    0.00289249
365 days (Buyback)    0.01055760
405 days (IPO)    0.01171460
400 days (Post SELLING div)    0.01156998
410 days (Pre SELLING div)    0.01185923
   
NAV Post MINING Div    2,309.70756845
NAV/U Post MINING Div    0.01138791
Days Dividend Post Div   393.71
SELLING Dividend    -         
NAV Post SELLING Div    2,309.70756845
NAV/U Post Selling Div    0.01138791
PURCHASE selling price    0.01196
PURCHASE buy-back price    0.01116
   
J-D House profit at report   6393

The transfer-bot-hamster needs to be fed again.

edit: works again it seems. Did it drop out or did you lower the update-frequency?

Yeah - the error was on my end not yours.  Guess I could have exploited it myself except that would be pretty pointless when, as manager, I have to make good any losses caused by stupidity/carelessness by me.

The CIPHERMINE bond motion passed with 50.4% so I don't have to shuffle my BTC around tomorrow.  Have mixed feelings on that - as I'm pretty confident I could have flipped them for a few percent profit myself so am foregoing that but also no longer have the hassle of moving around BTC to do it.

Now they officially belong to DMS policy will be that if they can sell for a decent markup then I'll sell them down to what I project as being 25% of capital on the next+1 difficulty change.  i.e. I'll try to ensure DMS doesn't ever need to sell them in a rush whilst holding what I believe we safely can for the dividends.  I'm by no means convinced issuing the bonds was a good move for CIPHERMINE investors but that's not our concern.

In other news we now passed 1 TH/S of virtual mining.  I won't put in the title (despite the habit of 'mining' companies putting  pre-orders in thread titles as though they had hardware) as that could give a misleading impression of what DMS is/does.

Nope, but not running on that particular avenue. Though I did take it offline to try and debug it as the output window was showing unusually high profit-estimates. Turns out there wasn't anything wrong on my end ^^

Maybe the arbitrage bots were offline   

The math works - NAV/U increased by a tiny amount as a result.

Have sent 2.1 BTC to the DMS account.

Lucky noone with a big wallet noticed or they could have bought all 90k then relisted it for a nearly 7% profit.

10K sold into the fund's own bid.  As the shares and cash didn't move loss to DMS on that was .4% of transaction (.2% each on buy/sell) so .004 * 112.2 = .4488 BTC

For all other transactions I've worked out what they should have sold at and the difference between that and what was actually received.  The total for that comes to 1.612054 BTC.  That's actually very slightly higher than what I should refund (as DMS would lose the transaction fee on the difference if they'd sold at correct price).

Adding the 2 together gives 2.060854 BTC which I'll send to the DMS account after I've updated the spreadsheet and made sure the totals then are correct.

As I'll get my management fee on the sales I'll end up being refunded a bit under half of that tomorrow anyway.  Congrats to those who got the cheap PURCHASE and were able to split and sell them profitably.

Pretty major oops - put the PURCHASE up for sale at the buyback price instead of the selling price.

Have put it to correct price now.  Will work out how much less was received than should have been for the bunch that sold and refund the difference myself (so DMS investors won't have lost out).  As 3% of the difference was my management fee it shouldn't be too painful for me.

The motion has 50.2% approval now!