Period 36, Day 9 Report - April 29, 2015
Balance Post Divs: BTC 149.17160237
Total Units: 94896
NAV/U: BTC 0.00157194
Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 32. (Read 290294 times)
Period 36, Day 8 Report - April 28, 2015
Balance Post Divs: BTC 141.90595814
Total Units: 87384
NAV/U: BTC 0.00162393
Balance Post Divs: BTC 141.90595814
Total Units: 87384
NAV/U: BTC 0.00162393
Period 36, Day 7 Report - April 27, 2015
Balance Post Divs: BTC 142.45066663
Total Units: 84969
NAV/U: BTC 0.00167650
Balance Post Divs: BTC 142.45066663
Total Units: 84969
NAV/U: BTC 0.00167650
ok explain something to me, how is it the "purse" is getting bigger & the daily shares for sell are also increasing?
Don't you need people to buy the shares to increase the purse size?
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Don't you need people to buy the shares to increase the purse size?
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Yes, when people purchase EXCH, they pay for it at the NAV/U plus 3%. Their EXCH unit is then exchanged for one MINE and ONE sell unit and they can sell none, one, or both into the market.
So, even though the total balance is increasing or decreasing, what matters is the Net Asset Value per Unit (NAV/U).
ok explain something to me, how is it the "purse" is getting bigger & the daily shares for sell are also increasing?
Don't you need people to buy the shares to increase the purse size?
Icon
Don't you need people to buy the shares to increase the purse size?
Icon
Period 36, Day 6 Report - April 26, 2015
Balance Post Divs: BTC 139.44663601
Total Units: 80661
NAV/U: BTC 0.00172879
Balance Post Divs: BTC 139.44663601
Total Units: 80661
NAV/U: BTC 0.00172879
Period 36, Day 5 Report - April 25, 2015
Balance Post Divs: BTC 136.25286602
Total Units: 76501
NAV/U: BTC 0.00178105
Balance Post Divs: BTC 136.25286602
Total Units: 76501
NAV/U: BTC 0.00178105
Period 36, Day 4 Report - April 24, 2015
Balance Post Divs: BTC 136.55272965
Total Units: 74472
NAV/U: BTC 0.00183361
Balance Post Divs: BTC 136.55272965
Total Units: 74472
NAV/U: BTC 0.00183361
Period 36, Day 3 Report - April 23, 2015
Balance Post Divs: BTC 132.49061739
Total Units: 70255
NAV/U: BTC 0.00188585
Balance Post Divs: BTC 132.49061739
Total Units: 70255
NAV/U: BTC 0.00188585
Period 36, Day 2 Report - April 22, 2015
Balance Post Divs: BTC 132.96621509
Total Units: 68596
NAV/U: BTC 0.00193839
Balance Post Divs: BTC 132.96621509
Total Units: 68596
NAV/U: BTC 0.00193839
Period 36, Day 1 Report - April 21, 2015
Balance Post Divs: BTC 133.15604510
Total Units: 66881
NAV/U: BTC 0.00199093
Balance Post Divs: BTC 133.15604510
Total Units: 66881
NAV/U: BTC 0.00199093
Period 36, Day 0 Report - April 20, 2015
Balance Post Divs: BTC 132.79085996
Total Units: 64984
NAV/U: BTC 0.00204343
Balance Post Divs: BTC 132.79085996
Total Units: 64984
NAV/U: BTC 0.00204343
Period 35 End Report - April 20, 2015
Previous Units 52046
EXCH Sold 12938
Less Buybacks 0
New Total Units 64984
Previous Balance 148.6518569
Price per EXCH Variable
Gross Sales of EXCH 32.64876389
Less Fees 0.13497283
Less Dividends 44.29589265
Less Buybacks 0.00000000
Less Mgmt Fee 0.64709026
Net Balance 136.22266500
End of Period NAV/U 0.00209624
New Difficulty 47,610,564,513
New Daily Dividend 0.00005281
New Reserve per Unit 0.01056200
New Reserve Less NAV/U = 0.01056200 - 0.00209624= -0.00846576
SELL Dividend None (Because NAV/U is less than 200 Days of Dividends)
Days of Dividends On Hand ~39.69
You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.
Previous Units 52046
EXCH Sold 12938
Less Buybacks 0
New Total Units 64984
Previous Balance 148.6518569
Price per EXCH Variable
Gross Sales of EXCH 32.64876389
Less Fees 0.13497283
Less Dividends 44.29589265
Less Buybacks 0.00000000
Less Mgmt Fee 0.64709026
Net Balance 136.22266500
End of Period NAV/U 0.00209624
New Difficulty 47,610,564,513
New Daily Dividend 0.00005281
New Reserve per Unit 0.01056200
New Reserve Less NAV/U = 0.01056200 - 0.00209624= -0.00846576
SELL Dividend None (Because NAV/U is less than 200 Days of Dividends)
Days of Dividends On Hand ~39.69
You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.
Period 35, Day 14 Report - April 19, 2015
Balance Post Divs: BTC 131.36567752
Total Units: 62679
NAV/U: BTC 0.00209584
Balance Post Divs: BTC 131.36567752
Total Units: 62679
NAV/U: BTC 0.00209584
Period 35, Day 13 Report - April 18, 2015
Balance Post Divs: BTC 133.60544732
Total Units: 62240
NAV/U: BTC 0.00214661
Balance Post Divs: BTC 133.60544732
Total Units: 62240
NAV/U: BTC 0.00214661
Period 35, Day 12 Report - April 17, 2015
Balance Post Divs: BTC 136.54720748
Total Units: 62139
NAV/U: BTC 0.00219744
Balance Post Divs: BTC 136.54720748
Total Units: 62139
NAV/U: BTC 0.00219744
Period 35, Day 11 Report - April 16, 2015
Balance Post Divs: BTC 137.23422764
Total Units: 61045
NAV/U: BTC 0.00224808
Balance Post Divs: BTC 137.23422764
Total Units: 61045
NAV/U: BTC 0.00224808
Period 35, Day 10 Report - April 15, 2015
Balance Post Divs: BTC 139.08562868
Total Units: 60503
NAV/U: BTC 0.00229882
Balance Post Divs: BTC 139.08562868
Total Units: 60503
NAV/U: BTC 0.00229882
I'm looking to purchase around 1000 shares.. I'm having difficulty navigating Havelock. Is 1000 shares available for purchase?
Yes, B.MINE and B.SELL are all on open market. You can purchase shares of EXCH, which will be exchange for 1 MINE and 1 SELL. If you don't know the difference, you need to read the OP.
Period 35, Day 8 Report - April 13, 2015
Balance Post Divs: BTC 140.52699974
Total Units: 58551
NAV/U: BTC 0.00240007
Period 35, Day 9 Report - April 14, 2015
Balance Post Divs: BTC 137.79708332
Total Units: 58655
NAV/U: BTC 0.00234928
Balance Post Divs: BTC 140.52699974
Total Units: 58551
NAV/U: BTC 0.00240007
Period 35, Day 9 Report - April 14, 2015
Balance Post Divs: BTC 137.79708332
Total Units: 58655
NAV/U: BTC 0.00234928
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