Will the orderbook for SELLING be cleared for the next dividend payment (on sunday) again?
If there's any significant number of bids that would be above new PURCHASE price, yes (and I expect there will be).
Topic: [BTC-TC] Deprived Mining Speculation (DMS) - page 52. (Read 198958 times)
If there's any significant number of bids that would be above new PURCHASE price, yes (and I expect there will be).
Will the orderbook for SELLING be cleared for the next dividend payment (on sunday) again?
Well here's today's report - though BTC-TC is only working sporadically at present, so it may be a while before the divdends actually get processed. I've yet to transfer today's management fee (can't due to the site failing) but this report represents what things will look like once everything's caught up.
I'll put PURCHASE back up at the new price as soon as I notice everything has been sorted (which may take a while as the dividends will likely fail to process so will have to be redone later).
Sold 326
Swapped 0
Total 326
Price 0.02061
Total 6.71886
Less Fee 6.70542228
Man Fee 0.201162668
BTC Balance (BTC-TC) 2,147.29407795
9071 LTC-ATF.B1 90.71000000
Coinlenders CD 28/8 203.3380138
Coinlenders CD 12/9 100.67767777
Just-Dice Balance 244.70000000
TOTAL ASSETS 2,786.71976952
Outstanding MINING 131821
Outstanding SELLING 131821
Outstanding PURCHASE 10407
Effective Units 142228
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,779.68110481
NAV/U Post MINING Div 0.01954384
Days Dividend Post Div 394.92
SELLING Dividend -
NAV Post SELLING Div 2,779.68110481
NAV/U Post Selling Div 0.01954384
PURCHASE selling price 0.02052
PURCHASE buy-back price 0.01915
J-D House profit at report 5683
I'll put PURCHASE back up at the new price as soon as I notice everything has been sorted (which may take a while as the dividends will likely fail to process so will have to be redone later).
Sold 326
Swapped 0
Total 326
Price 0.02061
Total 6.71886
Less Fee 6.70542228
Man Fee 0.201162668
BTC Balance (BTC-TC) 2,147.29407795
9071 LTC-ATF.B1 90.71000000
Coinlenders CD 28/8 203.3380138
Coinlenders CD 12/9 100.67767777
Just-Dice Balance 244.70000000
TOTAL ASSETS 2,786.71976952
Outstanding MINING 131821
Outstanding SELLING 131821
Outstanding PURCHASE 10407
Effective Units 142228
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,779.68110481
NAV/U Post MINING Div 0.01954384
Days Dividend Post Div 394.92
SELLING Dividend -
NAV Post SELLING Div 2,779.68110481
NAV/U Post Selling Div 0.01954384
PURCHASE selling price 0.02052
PURCHASE buy-back price 0.01915
J-D House profit at report 5683
Is DeprivedMining still the account to send purchase shares for transfer?
Sure is
Is DeprivedMining still the account to send purchase shares for transfer?
Sold 12292
Swapped 0
Total 12292
Price 0.02061
Total 253.33812
Less Fee 252.8314438
Man Fee 7.584943313
BTC Balance (BTC-TC) 2,147.82549957
9071 LTC-ATF.B1 90.71000000
Coinlenders CD 28/8 203.2055082
Coinlenders CD 12/9 100.61231872
Just-Dice Balance 244.50000000
TOTAL ASSETS 2,786.85332646
Outstanding MINING 129354
Outstanding SELLING 129354
Outstanding PURCHASE 12548
Effective Units 141902
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,779.83079503
NAV/U Post MINING Div 0.01958979
Days Dividend Post Div 395.84
SELLING Dividend -
NAV Post SELLING Div 2,779.83079503
NAV/U Post Selling Div 0.01958979
PURCHASE selling price 0.02057
PURCHASE buy-back price 0.01920
J-D House profit at report 5607
Swapped 0
Total 12292
Price 0.02061
Total 253.33812
Less Fee 252.8314438
Man Fee 7.584943313
BTC Balance (BTC-TC) 2,147.82549957
9071 LTC-ATF.B1 90.71000000
Coinlenders CD 28/8 203.2055082
Coinlenders CD 12/9 100.61231872
Just-Dice Balance 244.50000000
TOTAL ASSETS 2,786.85332646
Outstanding MINING 129354
Outstanding SELLING 129354
Outstanding PURCHASE 12548
Effective Units 141902
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,779.83079503
NAV/U Post MINING Div 0.01958979
Days Dividend Post Div 395.84
SELLING Dividend -
NAV Post SELLING Div 2,779.83079503
NAV/U Post Selling Div 0.01958979
PURCHASE selling price 0.02057
PURCHASE buy-back price 0.01920
J-D House profit at report 5607
Sorry for no report today - was out this afternoon, expected to be back in time to do it (or I'd have posted in advance that there wasn't going to be a report) but my plans changed.
I'm not going to try to produce a back-dated one as there have been significant sales of PURCHASE (and transfers) since so it would be messy. As there were significant sales of PURCHASE and J-D did decently there will have been little change in the NAV/U anyway - would guesstimate that had I done a report selling price of PURCHASE would have dropped by maybe 0.1% (I can't change it now or that would really mess up calculation of management fee tomorrow).
I should be around to produce one as usual tomorrow - and will continue to try to provide them daily (and make sure I do so on days where SELLING gets a dividend).
EDIT: Because we made over 2 BTC from sales of LTC-ATF.B1 it's actually the case that PURCHASE selling price would likely not have changed at all anyway. Had forgotten that was done after the last report.
I'm not going to try to produce a back-dated one as there have been significant sales of PURCHASE (and transfers) since so it would be messy. As there were significant sales of PURCHASE and J-D did decently there will have been little change in the NAV/U anyway - would guesstimate that had I done a report selling price of PURCHASE would have dropped by maybe 0.1% (I can't change it now or that would really mess up calculation of management fee tomorrow).
I should be around to produce one as usual tomorrow - and will continue to try to provide them daily (and make sure I do so on days where SELLING gets a dividend).
EDIT: Because we made over 2 BTC from sales of LTC-ATF.B1 it's actually the case that PURCHASE selling price would likely not have changed at all anyway. Had forgotten that was done after the last report.
Just a note that we sold a further 1008 of our LTC-ATF.B1.
Their face-value was 10.08 BTC and after conversion from LTC, DMS received 12.33135187 BTC.
Whilst I don't really want to decrease investment, selling them at over a 20% markup is clearly a good move. Seems like I gave DMS a nice bonus when I traded in 12.5k of these at face-value in return for PURCHASE.
I haven't always been reporting sales of these - usually I sweep across any sales when I move the weekly B1 dividend over - but as this was a larger sale and mid-week I'm reporting it now.
Their face-value was 10.08 BTC and after conversion from LTC, DMS received 12.33135187 BTC.
Whilst I don't really want to decrease investment, selling them at over a 20% markup is clearly a good move. Seems like I gave DMS a nice bonus when I traded in 12.5k of these at face-value in return for PURCHASE.
I haven't always been reporting sales of these - usually I sweep across any sales when I move the weekly B1 dividend over - but as this was a larger sale and mid-week I'm reporting it now.
Then according to your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.
If difficulty increases linearly, the mining dividends will eventually consume all the assets. SELLING is only profitable if difficulty increase s exponentially and at some minimum rate. That rate is about 30% for the current price of MINING.
Then according your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.
No.Price is paramount, never forget that.
According to my calculations, SELLING will return as dividends its price, so there's no reason not to just sell it and get the cash now.
(I've happily made profits so far, and I really enjoyed playing with this security! gg deprived!)
Here's the link to the spreadsheet, but please notice that it is not as polished as the other one.
Yes, I believe keeping SELLING will be profitable in long run.
This makes me skeptic about why you believe that.SELLING price "in the longest run" is PURCHASE-"MINING total divs", if you instead treat it like a regular asset you're on your way to giving free money to other people, instead.
SELLING according to my calculations has been very profitable up until a few days ago, when it reached the right price, at which the obvious rational choice was to sell it.
Of course my calculations might be wrong, but at least they aren't a worthless and dangerous "gut feeling".
Then according your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.
Yes, I believe keeping SELLING will be profitable in long run.
This makes me skeptic about why you believe that.SELLING price "in the longest run" is PURCHASE-"MINING total divs", if you instead treat it like a regular asset you're on your way to giving free money to other people, instead.
SELLING according to my calculations has been very profitable up until a few days ago, when it reached the right price, at which the obvious rational choice was to sell it.
Of course my calculations might be wrong, but at least they aren't a worthless and dangerous "gut feeling".
Transfer bot broke down?
Sold 400
Swapped 0
Total 400
Price 0.02066
Total 8.264
Less Fee 8.247472
Man Fee 0.24742416
BTC Balance (BTC-TC) 1,903.24357896
10079 LTC-ATF.B1 100.79000000
Coinlenders CD 28/8 202.9453678
Coinlenders CD 12/9 100.48400322
Just-Dice Balance 243.50000000
TOTAL ASSETS 2,550.96294999
Outstanding MINING 116440
Outstanding SELLING 116440
Outstanding PURCHASE 13170
Effective Units 129610
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,544.54873244
NAV/U Post MINING Div 0.01963235
Days Dividend Post Div 396.70
SELLING Dividend -
NAV Post SELLING Div 2,544.54873244
NAV/U Post Selling Div 0.01963235
PURCHASE selling price 0.02061
PURCHASE buy-back price 0.01924
J-D House profit at report 5372
Swapped 0
Total 400
Price 0.02066
Total 8.264
Less Fee 8.247472
Man Fee 0.24742416
BTC Balance (BTC-TC) 1,903.24357896
10079 LTC-ATF.B1 100.79000000
Coinlenders CD 28/8 202.9453678
Coinlenders CD 12/9 100.48400322
Just-Dice Balance 243.50000000
TOTAL ASSETS 2,550.96294999
Outstanding MINING 116440
Outstanding SELLING 116440
Outstanding PURCHASE 13170
Effective Units 129610
Block reward 25
Difficulty 50810339
Hashes per MINING 5000000
Daily Dividend 0.00004949
50 days (Min Liquid) 0.00247443
100 days (Forced Close) 0.00494886
365 days (Buyback) 0.01806334
405 days (IPO) 0.02004288
400 days (Post SELLING div) 0.01979544
410 days (Pre SELLING div) 0.02029033
NAV Post MINING Div 2,544.54873244
NAV/U Post MINING Div 0.01963235
Days Dividend Post Div 396.70
SELLING Dividend -
NAV Post SELLING Div 2,544.54873244
NAV/U Post Selling Div 0.01963235
PURCHASE selling price 0.02061
PURCHASE buy-back price 0.01924
J-D House profit at report 5372
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.
I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.
We'll see.
It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.
I've done the most of my gain on DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but recently i've bought some at about 2% yield day).
I don't think i would consider it 'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.
You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.
I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.
Exactly, you post is much better than what I want to say.
Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.
As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.
Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.
Either is an investment really. If Mining was originally being bought for 15-20 days of dividends that would be the profitable security right now and Selling would've lost money.
It may just be a matter of definition, but I think an investment is something more long term than the length of a difficulty-cycle. MINING can definitely make you money if you correctly anticipate its short-term price movements and buy/sell based on that, but until very recently, it has been a losing proposition to hold them for a longer period. And right now it may still be, but it has become less clear.
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.
I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.
We'll see.
It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.
I've done the most of my gain on DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but recently i've bought some at about 2% yield day).
I don't think i would consider it 'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.
You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.
I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.
Exactly, you post is much better than what I want to say.
Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.
As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.
Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.
Either is an investment really. If Mining was originally being bought for 15-20 days of dividends that would be the profitable security right now and Selling would've lost money.
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.
I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.
We'll see.
It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.
I've done the most of my gain on DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but recently i've bought some at about 2% yield day).
I don't think i would consider it 'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.
You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.
I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.
Exactly, you post is much better than what I want to say.
Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.
As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.
Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.
I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.
We'll see.
It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.
I've done the most of my gain on DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but recently i've bought some at about 2% yield day).
I don't think i would consider it 'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.
You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.
I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.
Exactly, you post is much better than what I want to say.
Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
The dividend will go down as difficulty rises.
Yes, you are right. That's why I said "this round". During one round, usually 12 days, the dividend keeps the same.
Ok, i missed that. I'm not sure how many will buy it just for a 'round' though.
Yes, I believe keeping SELLING will be profitable in long run. I am just noticing sometimes holding MINING for a short period can be very profitable. I think you will agree get 30% in just 1 week cannot be a bad deal.
The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.
Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.
I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.
We'll see.
It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.
I've done the most of my gain on DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but recently i've bought some at about 2% yield day).
I don't think i would consider it 'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.
You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.
I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.
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