Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 36. (Read 290235 times)

Thank you Sir.
You are really a good person.
BR.

Man, is he lucky! Very admirable move, twentyseventy.

Still, danrachita, playing there and not knowing the rules...

danrachita, ujka is completely correct in this situation. I set the price of EXCH but MINE and SELL are completely driven by the market - there is no set price for either, only what the buyers and sellers want to make of it.

So, if you sell your MINE or SELL shares into the market, BDD and I as its manager have absolutely no control over that. You're not entitled to anything more than what you buy or sell your shares for on the market. Havelock clearly cleared the orderbook so there were no bids besides that one.

That being said I, myself, with my personal Havelock account, was the one who bought the shares. I bought them with my personal BTC and not BDD's. BDD funds only exist in the BDD account to be paid out as dividends and for redemptions.

With all the recent craziness over the past weeks I foresaw the possibility of a big selloff (not just among BDD shares, but across the board because of the exchange's recent outage).

You're very lucky that I was the one who purchased them; if it was someone else you would be completely out of luck. What I cannot do is simply pay you the difference between what you think the shares are worth and what you sold them for. What I can do is return the shares to you in exchange for the BTC that I paid you.

For the record, I'm under no obligation to do this. This is a one time exception that won't be made again for another user.

I'll PM you with the details in just a minute.

Sir twentyseventy did you check my issue please?
Thank you.
BR.

Yes, just put up the EXCH ask so BDD is fully functional again.

I dont think so.
He establish every day price and he has interest to sel and buy shares for fund.
My transaction was only wrong transaction and price on front page 0.0022 at that moiment look like new price 0.00522.
I have front site pictures with price and picture with bmine transactions from that period and exactly my shares was buyed with this wrong price.
I am almost sure fund buy those shares so i request him again to solve this situation.
He has the fund situation and he know what fund automatically buy.
I ask him again to solve this issue and to dont try to affect his image for 1 btc.
I am a poor man not like him and i worked very hard for those money.
Will write here every few hours until will solve this.
BR.

Sorry for what happened to you, but twentyseventy has no control over the trading of b.mine.
You sold your shares to the best bid at that time.

Sir is your mistake and please solve it.
You write on front page value 0.0022 instead of 0.00522 by mistake and that create this situation and fund get that shares at this ridiculous price.
Is my money invested in fund and need them back.
I saved pictures with that but i dont know how to upload.
Please solve my problem because i need this money very urgent.
Thank you.
BR.

Please Sir dont ignore me.
I need money to pay some bills very urgent.
I didnt sell if i dont need because this was best service ever and from tomorow will buy shares again.
Please solve it fast.
BR.

@twentyseventy

Will any new units be issued? Thanks

i got 0.7172 BTC for 326 shares and i must got 1.75388 BTC so i loose 1.03668 BTC about 192 shares.
Please Sir solve situation and add to my account that 192 shares.
Thank you.
BR.

Sir Twentyseventy was an mistake with sell price on site and must get rest of money losed back.
You must buy it for fund with 0.005380.
Why you didnt?Why the price was there 0.0022?
Please solve it fast.
Recalculate 326 bmine shares sold with 0.0022 and give me rest of shares until 0.005380 value.
BR.

Period 32, Day 9 Report - March 4, 2015

Balance Post Divs: BTC 156.91257421

Total Units: 34848

NAV/U: BTC 0.00450277



Yes, I'll be interested to see how the market reacts; who knows, maybe everyone will just be too busy freaking out about AM and AMHash!

Cheers mate I see that the dividend is in my account, I will be holding steady as I can see some interesting trading days ahead, hoping for some discount buys

The Make-Up Dividend for 9 Days of Missed Dividends has been scheduled now - the total per unit of MINE is .00048474

Havelock normally runs the dividend script each hour on the hour, so hopefully it will run at 6PM ET tonight in just a few minutes.

Tomorrow will resume normal dividends of 0.00005386 per MINE. See you guys tomorrow!

Here are the reports for Period 32, which have not yet been paid. The reports below will show as if the dividends had been paid each day for clarity's sake.

The missing dividend dates were: 2/23, 2/24, 2/25, 2/26, 2/27, 2/28, 3/1, 3/2, 3/3.

This is nine dates total that missed dividends. Dividends at the new difficulty are 0.00005386 per MINE unit, so the lump sum dividend will be 9 * 0.00005386 = .00048474 per unit.


Period 32, Day 0 Report - February 23, 2015

Balance Post Divs: BTC 173.80471009

Total Units: 34848

NAV/U: BTC 0.00498750


Period 32, Day 1 Report - February 24, 2015

Balance Post Divs: BTC 171.92771318

Total Units: 34848

NAV/U: BTC 0.00493364


Period 32, Day 2 Report - February 25, 2015

Balance Post Divs: BTC 170.05071626

Total Units: 34848

NAV/U: BTC 0.00487978


Period 32, Day 3 Report - February 26, 2015

Balance Post Divs: BTC 168.17371935

Total Units: 34848

NAV/U: BTC 0.00482592


Period 32, Day 4 Report - February 27, 2015

Balance Post Divs: BTC 166.29672243

Total Units: 34848

NAV/U: BTC 0.00477205


Period 32, Day 5 Report - February 28, 2015

Balance Post Divs: BTC 164.41972552

Total Units: 34848

NAV/U: BTC 0.00471819


Period 32, Day 6 Report - March 1, 2015

Balance Post Divs: BTC 162.54272860

Total Units: 34848

NAV/U: BTC 0.00466433


Period 32, Day 7 Report - March 2, 2015

Balance Post Divs: BTC 160.66573169

Total Units: 34848

NAV/U: BTC 0.00461047


Period 32, Day 8 Report - March 3, 2015

Balance Post Divs: BTC 158.78873477

Total Units: 34848

NAV/U: BTC 0.00455660

Period 31 End Report - February 23, 2015

Previous Units              30899
EXCH Sold                   3950
Less Buybacks              1
New Total Units        34848

Previous Balance          180.12346011
Price per EXCH             Variable
Gross Sales of EXCH      22.32883334

Less Fees                    0.08748042
Less Dividends              26.23965456
Less Buybacks              0.00543755
Less Mgmt Fee              0.43801391
Net Balance            175.68170701

End of Period NAV/U     0.00504137

New Difficulty                  46,684,376,317
New Daily Dividend         0.00005386
New Reserve per Unit        0.01077200

New Reserve Less NAV/U = 0.01077200 - 0.00504137 = -0.00573063


SELL Dividend                 None (Because NAV/U is less than 200 Days of Dividends)

Days of Dividends On Hand    ~93.6

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.

Here are the reports for the remainder of Period 31. Dividends for these days were prescheduled and have already been paid.

Period 31, Day 11 Report - February 20, 2015

Balance Post Divs: BTC 179.62371277

Total Units: 34848

NAV/U: BTC 0.00515449


Period 31, Day 12 Report - February 21, 2015

Balance Post Divs: BTC 177.65270989

Total Units: 34848

NAV/U: BTC 0.00509793


Period 31, Day 13 Report - February 22, 2015

Balance Post Divs: BTC 175.68170701

Total Units: 34848

NAV/U: BTC 0.00504137

Sounds good to me thank you TwentySeventy.

No problem. I'm currently slammed at work; I'll try to have it out before the end of the work day if possible. If not, it will be this evening - didn't want anyone to freak out if it hit 5PM without the update/divs.