Dividends have just been paid, so here is the first, last and only dividend report:
Old difficulty: 112,628,549
New difficulty: 148,819,200
change (%): 32,1328%
ET.DIFF.FUTURE sold: 1322
ET.DIFF.FUTURE bought back: 0
ET.DIFF.FUTURE turnover (BTC): 26.9688
minus Fee (BTC): 0.5288
Total dividend payout: 26.44
ET.DIFF.FUTURE outstanding: 66
ET.DIFF.LONG outstanding: 1256
ET.DIFF.SHORT outstanding: 1256
Total effective units: 1322
Dividend ET.DIFF.LONG: 0.01285310
Dividend ET.DIFF.SHORT: 0.00714690
Dividend ET.DIFF.FUTURE: 0.02
Due to the coming BTC-TC shutdown, ET.DIFF closes now.
Thanks, good luck and see ya!
eltopo
Topic: [BTC-TC] ET.DIFF: Future to speculate on next difficulty change (Read 19054 times)
September 23, 2013, 06:01:52 AM
I have frozen the trading of ET.DIFF.FUTURE because of the closing announcement of BTC-TC. Trading of ET.DIFF.LONG and ET.DIFF.SHORT will continue until next difficulty change, then all 3 assets will get the dividends like stated in the contract. If there happen to be some problems with trading on BTC-TC, the dividends will be sent to your emergency address. There is no need to panic sell.
After the dividends are paid out and all outstanding shares are bought back, the ET.DIFF assets will be locked.
After the dividends are paid out and all outstanding shares are bought back, the ET.DIFF assets will be locked.
September 19, 2013, 01:55:36 AM
Technically I could take back pairs of LONG and SHORT, but as you're reducing market liquidity and get your dividend / payout before others, I would have to take a small fee on this (e.g. 0.0198 instead of 0.02). But at the moment bid / ask spreads are still too big for this to make sense.
My idea was to set up a bot to catch all out-of-place orders, i.e. those which are combined - fee > 0.02. This actually would fill orders and correct the price, though it's only a tiny profit fraction most likely each time and it would be unfavorable to wait the complete timeframe till dividend payout. But I agree, this basically reduces the freefloat.
At least 2 people run such bots on DMS - and I have no doubt they'll run them here if/when volume reaches a level justifying it. On DMS the bots go further than that - with orders up on SELLING such that if they fill the bot can then sell MINING and make a small profit by buying PURCHASE then splitting it.
You're a few months behind what already happens where there's volume basically.
I wonder who the other guy is ^^
Anyway, there isn't that much more profit left in DMS arbitrage on the path that Deprived mentioned. The last few days my bot has had an order up less than half the time, since the expected profit is below the threshold I specified (and often below zero, which is kind of an important threshold too
). Adjusting the bot to work on ET.DIFF is 2 minutes work at this point. September 18, 2013, 08:59:10 PM
Technically I could take back pairs of LONG and SHORT, but as you're reducing market liquidity and get your dividend / payout before others, I would have to take a small fee on this (e.g. 0.0198 instead of 0.02). But at the moment bid / ask spreads are still too big for this to make sense.
My idea was to set up a bot to catch all out-of-place orders, i.e. those which are combined - fee > 0.02. This actually would fill orders and correct the price, though it's only a tiny profit fraction most likely each time and it would be unfavorable to wait the complete timeframe till dividend payout. But I agree, this basically reduces the freefloat.
At least 2 people run such bots on DMS - and I have no doubt they'll run them here if/when volume reaches a level justifying it. On DMS the bots go further than that - with orders up on SELLING such that if they fill the bot can then sell MINING and make a small profit by buying PURCHASE then splitting it.
You're a few months behind what already happens where there's volume basically.
September 18, 2013, 08:14:35 PM
Technically I could take back pairs of LONG and SHORT, but as you're reducing market liquidity and get your dividend / payout before others, I would have to take a small fee on this (e.g. 0.0198 instead of 0.02). But at the moment bid / ask spreads are still too big for this to make sense.
My idea was to set up a bot to catch all out-of-place orders, i.e. those which are combined - fee > 0.02. This actually would fill orders and correct the price, though it's only a tiny profit fraction most likely each time and it would be unfavorable to wait the complete timeframe till dividend payout. But I agree, this basically reduces the freefloat.
i'd be interested in a bot like this.
September 18, 2013, 01:29:56 PM
Technically I could take back pairs of LONG and SHORT, but as you're reducing market liquidity and get your dividend / payout before others, I would have to take a small fee on this (e.g. 0.0198 instead of 0.02). But at the moment bid / ask spreads are still too big for this to make sense.
My idea was to set up a bot to catch all out-of-place orders, i.e. those which are combined - fee > 0.02. This actually would fill orders and correct the price, though it's only a tiny profit fraction most likely each time and it would be unfavorable to wait the complete timeframe till dividend payout. But I agree, this basically reduces the freefloat.
September 18, 2013, 08:27:39 AM
just tried this out for the first week 
i really like this future. i hope i see gains. according to my estimates, i should in theory. even if i don't, the transactions went smoothly and i hope to continue to use this fund to gain profit
i really like this future. i hope i see gains. according to my estimates, i should in theory. even if i don't, the transactions went smoothly and i hope to continue to use this fund to gain profit
September 18, 2013, 04:23:53 AM
Is there a way to transfer one ET.DIFF.SHORT and ET.DIFF.LONG to an account and receive the face value of 0.02 in exchange? Same for .FUTURE.
You can sell back FUTURE via market for 0.02.
Technically I could take back pairs of LONG and SHORT, but as you're reducing market liquidity and get your dividend / payout before others, I would have to take a small fee on this (e.g. 0.0198 instead of 0.02). But at the moment bid / ask spreads are still too big for this to make sense.
September 17, 2013, 10:27:42 PM
Is there a way to transfer one ET.DIFF.SHORT and ET.DIFF.LONG to an account and receive the face value of 0.02 in exchange?
well you automatically get .02 at the end of each cycle through dividends if you hold both short and long
September 17, 2013, 10:26:27 PM
Is there a way to transfer one ET.DIFF.SHORT and ET.DIFF.LONG to an account and receive the face value of 0.02 in exchange? Same for .FUTURE.
September 17, 2013, 01:25:10 PM
So price in half an hour or so and in the FUTURE will always be 0.0204 right? If the difficulty levels (< 2 %) too fast you wont sell a single unit anymore. What will you do then? Do you plan to close the asset then? This won't be too soon most probably, just interested.
The dividend formula in the contract can be adjusted to fit these situation. Read the last pages, it's discussed there.
September 17, 2013, 01:20:51 PM
I'd assume starting difficulty is the difficulty at last change - i.e.112628548.7.
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
Point taken. Chart updated. Can you confirm?
No. It's more like this:
EDIT: Ok, you corrected it, it's ok now.
September 17, 2013, 12:00:35 PM
So, start in a few minutes. As mentioned, a transfer bot manages the swap from ET.DIFF.FUTURE into ET.DIFF.LONG and ET.DIFF.SHORT. If there are any problems with the swap, let me know by pm or email.
September 17, 2013, 11:47:06 AM
I'd assume starting difficulty is the difficulty at last change - i.e.112628548.7.
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
Point taken. Chart updated. Can you confirm?
September 17, 2013, 11:42:52 AM
I'd assume starting difficulty is the difficulty at last change - i.e.112628548.7.
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
That's STILL the current difficulty - what you have on your graph is a guess of next difficulty (and there's various ways to do that - all inaccurate).
September 17, 2013, 11:37:52 AM
Hi there,
gratulations! Really a neat "product". Would the following be accurate?
Edit: Sorry, there was an error. Should be correct now.
gratulations! Really a neat "product". Would the following be accurate?
Edit: Sorry, there was an error. Should be correct now.
September 17, 2013, 11:32:59 AM
So price in half an hour or so and in the FUTURE will always be 0.0204 right? If the difficulty levels (< 2 %) too fast you wont sell a single unit anymore. What will you do then? Do you plan to close the asset then? This won't be too soon most probably, just interested.
September 17, 2013, 06:02:21 AM
"ETOPS" is the account that will exchange PURCHASE, correct?
Edit: I meant 'FUTURE"
Correct.Edit: I meant 'FUTURE"
I wonder who will be the first person to send eltopo PURCHASE or send me FUTURE.
Wouldn't it be great for you to have a FUTURE, too? 
Perhaps make a news item (for one of the securities) on BTC-TC so more people are aware of the launch-time.
Done. September 17, 2013, 01:02:32 AM
Yes, finally. We'll start tomorrow (Tuesday) at 4 p.m. UTC.
Perhaps make a news item (for one of the securities) on BTC-TC so more people are aware of the launch-time.
"ETOPS" is the account that will exchange PURCHASE, correct?
Edit: I meant 'FUTURE"
Edit: I meant 'FUTURE"
Lol.
I wonder who will be the first person to send eltopo PURCHASE or send me FUTURE.
Code:
aB.AddRule(new TransferRule(b, "ET.DIFF.FUTURE", "ET.DIFF.FUTURE", 1, 0, true, 1, true));
Problem solved.
September 16, 2013, 09:05:56 PM
"ETOPS" is the account that will exchange PURCHASE, correct?
Edit: I meant 'FUTURE"
Edit: I meant 'FUTURE"
Lol.
I wonder who will be the first person to send eltopo PURCHASE or send me FUTURE.
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