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Topic: Evaluating Havelock securities performances - page 2. (Read 2601 times)

sr. member
Activity: 378
Merit: 254
No need to understand the transfer protocol.  I give you 10 coins, I get one back.  That's a loss--regardless of whether Bitcoin price has risen or fell.
But hey, if your "fans" are happy with your creative accounting, gg.
Thanks for the reminding to never underestimate the stupidity of others  Cheesy
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
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Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life ...

How about this:

If I give you 1 BTC exactly a year ago, I get substantially fewer dollars than if I kept that 1 BTC in a paper wallet?  Is that clear enough?  

So if I gave you back more dollars, would you have earned money?

If giving you my coin got me cost me dollars (as opposed to simply keeping my coin), of course I lost money by giving it to you.  This is basic.

Me no thinks you understand transfer protocol very well.  Let me splain...



If someone uses a transfer protocol to send $5, then gets back $20 using the same transfer protocol, that is calling making money.  What you are doing is moving 0's and 1's around and claiming that you are making or losing fortunes...  Let me make this perfectly clear to you...  When making an investment in Bitcoin, cheese, goats, gold, intellectual property, don't count your chickens before they hatch.  You didn't make or lose money until you realized that gain or loss by moving back into dollars, hence why you are taxed at that time and not as your investment is performing.  You're screaming that everyone who has sold a goat has lost a fortune because the price of goats has gone up so much, which is not true.  Nobody has ever lost a fortune from selling a goat.
sr. member
Activity: 378
Merit: 254
^

If giving you my coin cost me dollars (as opposed to simply keeping my coin), of course I lost money by giving it to you.  This is basic.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
...
Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life ...

How about this:

If I give you 1 BTC exactly a year ago, I get substantially fewer dollars than if I kept that 1 BTC in a paper wallet?  Is that clear enough? 

So if I gave you back more dollars, would you have earned money?
sr. member
Activity: 378
Merit: 254
...
Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life ...

How about this:

If I give you 1 BTC exactly a year ago, I get substantially fewer dollars than if I kept that 1 BTC in a paper wallet?  Is that clear enough? 
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
^The reason OGNasty favors that nonsense--he likes to make his "fans" believe they're making money as they lose it Smiley

Tell me again what "money" that you're referring to?  I'm sure the pursuers of your legal case would be interested in you further explaining yourself.

All I did was post public accounting numbers with added historical conversions so people could see realistically what has been earned/lost, and not just a result of the exchange rate from when invested until now.  I know you like to push your agenda, but it's tired and your justifications that someone lost "money" when a $1.54 investment turned into >$18 while also paying ~$4 in distributions simply displays a detachment from reality, which shouldn't be surprising to anyone who has any familiarity with your delusions of grandeur.

Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life (gold, real estate, bread, hookers, all would be better measures of value over time than Bitcoin).  You know this, so obviously you are just an emotional sad little mad who has backed himself into a corner and is lashing out anyone willing to point it out.  You're aiming at the wrong place though, which is why I assume you deleted your sad little post in my thread before being attacked for being an idiot.  NastyFans is an awesome, transparent organization that only does good for the community.  You on the other hand, are a cancerous troll to these forums, and it is obvious.
sr. member
Activity: 378
Merit: 254
^The reason OGNasty favors that nonsense--he likes to make his "fans" believe they're making money as they lose it Smiley

As promised, I compiled all of the publicly available information dating back to the GLBSE days.  All statistics are averages based off of the actual seat trades using the daily USD conversion rates.
...



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TL;DR:  He's not stupid, just banking on the stupidity of others.
legendary
Activity: 1526
Merit: 1000
This is cool.  Would be great if you could tie in the USD price.  Some of those securities may have IPO'd at $1,050 per BTC, so it would have been much easier to ROI in BTC for them, as opposed to the others that IPO'd at a lower BTC exchange rate.  It's somewhat important since the expenses for these operations are paid in USD and the community values most purchases in USD.  Would be great to see ROI rates based on the USD return to see the true performance of these businesses as opposed to predominantly measuring the timing of their IPO.
That said, a lot of the companies' business is operated entirely in bitcoin. So the exchange rate shouldn't have much of an impact

that's not why you shouldn't look at exchange rate, you shouldn't look at exchange rate because if you only profit in dollars, but lost bitcoins, you could have made much more money by literally doing nothing, so it was a bad investment.

If you give someone 1 bitcoin that you paid 300 dollars for and they give you back .5 bitcoin when the price is 1,000, yes, you profited $200, good for you, but you could have profited 700 if you literally did nothing.

Doing nothing is not something hard, it's not saying that you should doing something hard or impossible. If you want a great investment take 10,000 dollars, go to vegas, beat 8,000 other people in a poker tournament and turn your 10k in to 10m over the course of the summer. that's a great roi, but very hard to impossible to do. Holding onto your bitcoins is not as hard or impossible as something like that.
legendary
Activity: 1036
Merit: 1000
This is cool.  Would be great if you could tie in the USD price.  Some of those securities may have IPO'd at $1,050 per BTC, so it would have been much easier to ROI in BTC for them, as opposed to the others that IPO'd at a lower BTC exchange rate.  It's somewhat important since the expenses for these operations are paid in USD and the community values most purchases in USD.  Would be great to see ROI rates based on the USD return to see the true performance of these businesses as opposed to predominantly measuring the timing of their IPO.
That said, a lot of the companies' business is operated entirely in bitcoin. So the exchange rate shouldn't have much of an impact

hahahahahaha

People charge / spend in fiat rates. If a BTC costs $1200, they are going to get $1200 of product for that 1 BTC. If BTC is $400, they will spend 3 BTC for $1200 of products. Revenue BTC wise goes down a LOT when BTC is worth more than usual.

If a company IPO's at 10 cents a share (Fiat wise), but now they are worth 15 cents a share (but the BTC value went down), that is a 150% value improvement in Fiat but a negative gain BTC wise, which is why you should invest BTC only when BTC is on the upswing (ideally) as it will nearly always outperform any BTC derived shares
legendary
Activity: 1386
Merit: 1000
I calculated the performance of some securities on havelock. I started with the first 7 symbols listed. Performance was determined by the open price on the first trading day (on havelock) compared to the current share price accounting for dividends paid. I did not calculate reinvesting divs, simply holding them. All values represent buying and holding with no trading. 100% ROI represents break even point.

7C: -.002 btc per share (74% ROI)
ALC: -.05 btc per share (64% ROI)
AM1: -4.07 btc per share (10% ROI)
B.MINE: -.0829 btc per share (51% ROI)
B.SELL: .0655 btc per share (165% ROI)
CBTC: -.0000968 btc per share (46% ROI)
CFIG: -.064 btc per share (57% ROI)

Hey, I do want to caution you regarding measuring MINE and SELL's performance on an 'ROI' basis - do note that these are part of a three-pronged Derivative and not a stock or bond.

They will decrease in value over the long term, and using Havelock's Yield or this method of ROI calculation will give you very skewed results. It's a fun product to trade, but do be careful not to treat it like a normal 'investment' like CFIG, CBTC, or PETA.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
So the exchange rate shouldn't have much of an impact

You must be new here.   Wink
sr. member
Activity: 322
Merit: 250
This is cool.  Would be great if you could tie in the USD price.  Some of those securities may have IPO'd at $1,050 per BTC, so it would have been much easier to ROI in BTC for them, as opposed to the others that IPO'd at a lower BTC exchange rate.  It's somewhat important since the expenses for these operations are paid in USD and the community values most purchases in USD.  Would be great to see ROI rates based on the USD return to see the true performance of these businesses as opposed to predominantly measuring the timing of their IPO.
That said, a lot of the companies' business is operated entirely in bitcoin. So the exchange rate shouldn't have much of an impact
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
This is cool.  Would be great if you could tie in the USD price.  Some of those securities may have IPO'd at $1,050 per BTC, so it would have been much easier to ROI in BTC for them, as opposed to the others that IPO'd at a lower BTC exchange rate.  It's somewhat important since the expenses for these operations are paid in USD and the community values most purchases in USD.  Would be great to see ROI rates based on the USD return to see the true performance of these businesses as opposed to predominantly measuring the timing of their IPO.
full member
Activity: 167
Merit: 100
I calculated the performance of some securities on havelock. I started with the first 7 symbols listed. Performance was determined by the open price on the first trading day (on havelock) compared to the current share price accounting for dividends paid. I did not calculate reinvesting divs, simply holding them. All values represent buying and holding with no trading. 100% ROI represents break even point.

7C: -.002 btc per share (74% ROI)
ALC: -.05 btc per share (64% ROI)
AM1: -4.07 btc per share (10% ROI)
B.MINE: -.0829 btc per share (51% ROI)
B.SELL: .0655 btc per share (165% ROI)
CBTC: -.0000968 btc per share (46% ROI)
CFIG: -.064 btc per share (57% ROI)



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