[Havelock] Bitcoin Difficulty Derivative (BDD) - page 3.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 19, Day 10 Report - November 16, 2016

Balance Post Divs: BTC 44.14588473

Total Units: 2954

NAV/U: BTC 0.01494444

Quote from: AllInBit on November 16, 2016, 10:05:13 PM

@twentyseventy

I saw you pulled the old units, are you planning on issuing new units today/tonight? Or you just gonna wait till tomorrow and put them up with double divs? Thanks for all the quick replies.

You hit it right on the nose; double divs will be issued Nov 17th for that day and the 16th; apologies-

AllInBit

member

Activity: 60

Merit: 10

@twentyseventy

I saw you pulled the old units, are you planning on issuing new units today/tonight? Or you just gonna wait till tomorrow and put them up with double divs? Thanks for all the quick replies.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 19, Day 8 Report - November 14, 2016

Balance Post Divs: BTC 45.58562336

Total Units: 2953

NAV/U: BTC 0.01543705

Round 3, Period 19, Day 9 Report - November 15, 2016

Balance Post Divs: BTC 44.72786697

Total Units: 2954

NAV/U: BTC 0.01514145

Quote from: metaperl on November 13, 2016, 02:47:29 PM

Hello, this is a very impressive and deep product. I own 55 units and am happy to have found something that pays 1% daily that is indeed legitimate. I have a lot to learn, but wanted to start with one small thing I noticed.

If you look at the product description:
https://www.havelockinvestments.com/fund.php?symbol=B.EXCH

It states:

Quote

B.MINE and B.SELL must always be issued in equal amounts, and remain in equal amounts outstanding, to ensure that each B.MINE contract is backed by the funds of a B.SELL contract.

However, as you can see from my portfolio, I was able to buy B.MINE directly without purchasing B.EXCH and receiving a pair.

While it pays what it pays currently, please be aware that there is a defined endpoint coming up in 60 Days, barring a big (huge) change in difficulty - this does not pay out perpetually. MINE and SELL are issued in equal amounts; you can see that there are exactly 2954 units of MINE and SELL each. You can purchase MINE and SELL on the open market by themselves, but new units are issued into the market only via purchase of EXCH.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 19, Day 2 Report - November 8, 2016

Balance Post Divs: BTC 46.46122568

Total Units: 2746

NAV/U: BTC 0.01691960

Round 3, Period 19, Day 3 Report - November 9, 2016

Balance Post Divs: BTC 45.83308166

Total Units: 2749

NAV/U: BTC 0.01667263

Round 3, Period 19, Day 4 Report - November 10, 2016

Balance Post Divs: BTC 45.36725540

Total Units: 2762

NAV/U: BTC 0.01642550

Round 3, Period 19, Day 5 Report - November 11, 2016

Balance Post Divs: BTC 44.68621209

Total Units: 2762

NAV/U: BTC 0.01617893

Round 3, Period 19, Day 6 Report - November 12, 2016

Balance Post Divs: BTC 45.32131177

Total Units: 2845

NAV/U: BTC 0.01593016

Round 3, Period 19, Day 7 Report - November 13, 2016

Balance Post Divs: BTC 45.45213077

Total Units: 2898

NAV/U: BTC 0.01568396

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: AllInBit on November 12, 2016, 08:10:03 PM

@twentyseventy

Hey, just wondering if you were planning on getting caught up on issuing new units soon. Thanks

Sorry, just getting back from the trip now - should be on regular schedule from hereon out!

metaperl

newbie

Activity: 14

Merit: 0

Hello, this is a very impressive and deep product. I own 55 units and am happy to have found something that pays 1% daily that is indeed legitimate. I have a lot to learn, but wanted to start with one small thing I noticed.

If you look at the product description:
https://www.havelockinvestments.com/fund.php?symbol=B.EXCH

It states:

Quote

B.MINE and B.SELL must always be issued in equal amounts, and remain in equal amounts outstanding, to ensure that each B.MINE contract is backed by the funds of a B.SELL contract.

However, as you can see from my portfolio, I was able to buy B.MINE directly without purchasing B.EXCH and receiving a pair.
https://www.evernote.com/l/ATUH-MlOSQtO44obySPB_sHwokIBSphPplwB/image.png

AllInBit

member

Activity: 60

Merit: 10

@twentyseventy

Hey, just wondering if you were planning on getting caught up on issuing new units soon. Thanks

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 19, Day 0 Report - November 6, 2016

Balance Post Divs: BTC 47.81714557

Total Units: 2746

NAV/U: BTC 0.01741338

Round 3, Period 19, Day 1 Report - November 7, 2016

Balance Post Divs: BTC 47.13918563

Total Units: 2746

NAV/U: BTC 0.01716649

Will re-post EXCH Ask after divs are paid-

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 19 End Report - November 6, 2016

Previous Units 1759
EXCH Sold 987
Less Buybacks 0
New Total Units 2746

Previous Balance 36.90841052
Gross Sales of EXCH    19.86440416

Less Fees       0.07945762
Less Dividends       7.88616162
Less Buybacks 0.00000000
Less Mgmt Fee 0.74801828
Net Balance       48.05917716

End of Period NAV/U    0.01750152

New Difficulty       254,620,187,304
New Daily Dividend 0.00024689
New Reserve per Unit    0.04444020

NAV/U less New Reserve = 0.01750152 - 0.04444020 = -0.02693868

SELL Dividend 0 (Because there are less than 180 days of dividends on hand)

Days of Dividends On Hand 70.88

twentyseventy

legendary

Activity: 1386

Merit: 1000

The Dividend for 11/5 was missed because the difficulty changed just after 12PM ET; didn't realize that. Because I can't schedule divs to pay after midnight, I'm going to close out this period as normal and pay a triple div on 11/7. It will be for 11/5, 11/6, and 11/7. Thanks-

Round 3, Period 18, Day 13 Report - November 5, 2016

Balance Post Divs: BTC 48.47251372

Total Units: 2746

NAV/U: BTC 0.01765204

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 12 Report - November 4, 2016

Balance Post Divs: BTC 46.57866695

Total Units: 2601

NAV/U: BTC 0.01790798

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 11 Report - November 3, 2016

Balance Post Divs: BTC 47.09954044

Total Units: 2596

NAV/U: BTC 0.01814312

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 9 Report - November 1, 2016

Balance Post Divs: BTC 45.76886988

Total Units: 2454

NAV/U: BTC 0.01865072

Round 3, Period 18, Day 10 Report - November 2, 2016

Balance Post Divs: BTC 47.08776580

Total Units: 2559

NAV/U: BTC 0.01840084

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 7 Report - October 30, 2016

Balance Post Divs: BTC 46.31784156

Total Units: 2419

NAV/U: BTC 0.01914751

Round 3, Period 18, Day 8 Report - October 31, 2016

Balance Post Divs: BTC 45.71826557

Total Units: 2419

NAV/U: BTC 0.01889965

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: AllInBit on October 31, 2016, 10:52:46 PM

@twentyseventy

I noticed you put up yesterday's units this early morning @ .01979853, and today's units were put up this evening at the same price. Did you forget to change it or did I miss something? Thanks

Sorry about that; copied the wrong cell! Correct release just done at 0.01954224

Thanks!

AllInBit

member

Activity: 60

Merit: 10

@twentyseventy

I noticed you put up yesterday's units this early morning @ .01979853, and today's units were put up this evening at the same price. Did you forget to change it or did I miss something? Thanks

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 6 Report - October 29, 2016

Balance Post Divs: BTC 46.89343416

Total Units: 2418

NAV/U: BTC 0.01939347

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 5 Report - October 28, 2016

Balance Post Divs: BTC 45.44701743

Total Units: 2315

NAV/U: BTC 0.01963154

I'll be traveling for the next two weeks; will update as often as possible!

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 4 Report - October 27, 2016

Balance Post Divs: BTC 38.98675235

Total Units: 1960

NAV/U: BTC 0.01989120

twentyseventy

legendary

Activity: 1386

Merit: 1000

Round 3, Period 18, Day 1 Report - October 24, 2016

Balance Post Divs: BTC 36.29776322

Total Units: 1759

NAV/U: BTC 0.02063545

Round 3, Period 18, Day 2 Report - October 25, 2016

Balance Post Divs: BTC 37.83139992

Total Units: 1856

NAV/U: BTC 0.02038329

Round 3, Period 18, Day 3 Report - October 26, 2016

Balance Post Divs: BTC 39.32525585

Total Units: 1956

NAV/U: BTC 0.02010493

Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 3. (Read 290294 times)