[BTC-TC] Deprived Mining Speculation (DMS) - page 53.

BitThink

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Activity: 882

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Quote from: ft73 on August 20, 2013, 03:55:37 AM

Quote from: Hfleer on August 20, 2013, 03:53:35 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

At least it will still be 1,2% daily yield nex time, judging by trend.
Problem is not dividend, but share price. We'll see.

Yes, I agree with you. The key is the share price. Apparently, now the share price is not closely related to the value, but mainly based on how many people are interested in mining. People will buy mining boxes even they will never break even. Similarly, they may buy MINING due to its low price. Demands push up the price, so at last even if the price is above its value, the buyer can still make profit as long as there are enough new comers. So it's risky and profitable.

Hfleer

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Quote from: ft73 on August 20, 2013, 03:55:37 AM

Quote from: Hfleer on August 20, 2013, 03:53:35 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

At least it will still be 1,2% daily yield next time, judging by trend.
Problem is not dividend, but share price. We'll see.

Yea, with these often you will see your dividend for a while, but it might not make up for how much you lose with large declines in share price. Mining is much better valued going by the dividend that it has been in the past, with falling in price a lot up until a week ago.

Hfleer

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Quote from: BitThink on August 20, 2013, 03:56:42 AM

Quote from: Hfleer on August 20, 2013, 03:53:35 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

BitThink

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Activity: 882

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Quote from: Hfleer on August 20, 2013, 03:53:35 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

ft73

hero member

Activity: 564

Merit: 508

Quote from: Hfleer on August 20, 2013, 03:53:35 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

At least it will still be 1,2% daily yield next time, judging by trend.
Problem is not dividend, but share price. We'll see.

BitThink

legendary

Activity: 882

Merit: 1000

Quote from: odolvlobo on August 20, 2013, 02:11:06 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

According to http://bitcoin.sipa.be/, the difficulty is already close to 700T. So even the next difficulty increase is not as big as last one, it will be close. I think I may stick to SELLING and enjoy those cheap shares due to higher MINING price.

Hfleer

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Activity: 448

Merit: 250

Changing avatars is currently not possible.

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

ft73

hero member

Activity: 564

Merit: 508

Quote from: Rannasha on August 20, 2013, 03:43:19 AM

Quote from: ft73 on August 20, 2013, 03:30:34 AM

Quote from: odolvlobo on August 20, 2013, 02:11:06 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

Rannasha

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Activity: 728

Merit: 500

Quote from: ft73 on August 20, 2013, 03:30:34 AM

Quote from: odolvlobo on August 20, 2013, 02:11:06 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

ft73

hero member

Activity: 564

Merit: 508

Quote from: odolvlobo on August 20, 2013, 02:11:06 AM

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: BitThink on August 20, 2013, 01:51:09 AM

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.

BitThink

legendary

Activity: 882

Merit: 1000

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.

Deprived

hero member

Activity: 532

Merit: 500

Sold   2170
Swapped   0
Total   2170
Price   0.0207
Total   44.919
Less Fee   44.829162
Man Fee   1.34487486

BTC Balance (BTC-TC)    1,901.63810986
10079 LTC-ATF.B1    100.79000000
Coinlenders CD 28/8    202.81398367
Coinlenders CD 12/9    100.41919736
Just-Dice Balance    243.40000000
TOTAL ASSETS    2,549.06129089

Outstanding MINING   116045
Outstanding SELLING   116045
Outstanding PURCHASE   13165
Effective Units   129210

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    2,542.66686878
NAV/U Post MINING Div    0.01967856
Days Dividend Post Div   397.64
SELLING Dividend    -
NAV Post SELLING Div    2,542.66686878
NAV/U Post Selling Div    0.01967856
PURCHASE selling price    0.02066
PURCHASE buy-back price    0.01928

J-D House profit at report   5337

Deprived

hero member

Activity: 532

Merit: 500

Sold   2289
Swapped   0
Total   2289
Price   0.02074
Total   47.47386
Less Fee   47.37891228
Man Fee   1.421367368

BTC Balance (BTC-TC)    1,864.44095746
10079 LTC-ATF.B1    100.79000000
Coinlenders CD 28/8    202.68288293
Coinlenders CD 12/9    100.35453128
Just-Dice Balance    242.80000000
TOTAL ASSETS    2,511.06837167

Outstanding MINING   113870
Outstanding SELLING   113870
Outstanding PURCHASE   13170
Effective Units   127040

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    2,504.78133983
NAV/U Post MINING Div    0.01971648
Days Dividend Post Div   398.40
SELLING Dividend    -
NAV Post SELLING Div    2,504.78133983
NAV/U Post Selling Div    0.01971648
PURCHASE selling price    0.02070
PURCHASE buy-back price    0.01932

J-D House profit at report   5204

guitarplinker

legendary

Activity: 1694

Merit: 1024

Thanks again for the 3 cents dividend. Wink

Deprived

hero member

Activity: 532

Merit: 500

Sold   2560
Swapped   0
Total   2560
Price   0.02078
Total   53.1968
Less Fee   53.0904064
Man Fee   1.592712192

BTC Balance (BTC-TC)    1,862.97710155
10164 LTC-ATF.B1    101.64000000
Coinlenders CD 28/8    202.55018634
Coinlenders CD 12/9    100.28907804
Just-Dice Balance    202.60000000
TOTAL ASSETS    2,470.05636593

Outstanding MINING   111804
Outstanding SELLING   111804
Outstanding PURCHASE   12947
Effective Units   124751

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    2,463.88261349
NAV/U Post MINING Div    0.01975040
Days Dividend Post Div   399.09
SELLING Dividend    -
NAV Post SELLING Div    2,463.88261349
NAV/U Post Selling Div    0.01975040
PURCHASE selling price    0.02074
PURCHASE buy-back price    0.01936

J-D House profit at report   5147

Have put in a withdrawal request to send 40 more BTC to J-D.

guitarplinker

legendary

Activity: 1694

Merit: 1024

Quote from: Rannasha on August 17, 2013, 09:31:45 AM

Quote from: guitarplinker on August 17, 2013, 09:22:27 AM

Dividends are not paid out on Saturdays or Sundays correct? I bought on Thursday and got a Friday dividend but didn't get one today.

Dividends are always paid out at 16:00 GMT, which is 1.5 hours from the time of this post.

Ah ok thanks for clearing that up!

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: guitarplinker on August 17, 2013, 09:22:27 AM

Dividends are not paid out on Saturdays or Sundays correct? I bought on Thursday and got a Friday dividend but didn't get one today.

Dividends are always paid out at 16:00 GMT, which is 1.5 hours from the time of this post.

guitarplinker

legendary

Activity: 1694

Merit: 1024

Dividends are not paid out on Saturdays or Sundays correct? I bought on Thursday and got a Friday dividend but didn't get one today.

Deprived

hero member

Activity: 532

Merit: 500

Quote from: ThickAsThieves on August 16, 2013, 02:42:11 PM

Quote from: Kuroth on August 16, 2013, 02:16:41 PM

DBS Stands for? Huh

?

Deprived Mining Speculation, like it says on the label.

He asked about DBS not DMS - not sure where he even saw DBS, let alone what it is (unless I typoed somewhere).

Topic: [BTC-TC] Deprived Mining Speculation (DMS) - page 53. (Read 198958 times)