[Havelock] Bitcoin Difficulty Derivative (BDD) - page 50.

NotLambchop

sr. member

Activity: 378

Merit: 254

Good news?

Quote from: twentyseventy on November 03, 2014, 08:41:12 PM

Quote from: NotLambchop on November 03, 2014, 07:07:06 PM

Hey twentyseventy. It seems some folks are looking for your friend ABitInterested, the one with the legit offline business.
Care to help them?
Or?

Will be pushing him this week to get his act together; otherwise I will be releasing his personal information so that people can seek to be made whole financially in whatever way they see fit. If I choose to do so, that is my prerogative and I will do so when I feel the time is appropriate.

Not happy with him myself; I still have yet to recoup my initial investment.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: EnJoyThis on November 06, 2014, 02:27:31 PM

Ow my bad, I didn't read correctly. I had put in the NAV/U of today instead of the one at the end of the last period.

No big, just wanted to make sure it was working right!

EnJoyThis

hero member

Activity: 980

Merit: 1000

Quote from: twentyseventy on November 06, 2014, 01:40:43 PM

Quote from: EnJoyThis on November 06, 2014, 01:15:12 PM

Quote from: twentyseventy on November 06, 2014, 12:22:46 PM

Quote from: EnJoyThis on November 05, 2014, 01:42:02 PM

Hi Twentyseventy,

I don't know how your excel sheet works but would it be much effort to post with every diff change how much next diff change should be in order to receive dividend.

Would help alot of ppl.

Cheers,
EnJoyThis

Yeah, I can do that. Basically, your inputs here are the Current Difficulty, the NAV/U at the end of the last period (from the Period Report), and the Difficulty Increase.

You'll have to play with the Diff Increase and see what value will get you to a positive SELL dividend. Once you've got the smallest Diff Increase that will give you a positive SELL div, then you've got your answer.

Here's the link; you'll have to download it and edit it locally: https://drive.google.com/file/d/0B6foRwycUyraQkNWVVNOY1ZDdzA/view?usp=sharing

Thanks, downloaded the file and filled in the 'blanks'.

To all readers: with todays numbers we would need to see a 16.7% increase in diff to get a 'positive' reserve fund.

Cheers

I believe all the blanks were already prefilled with this periods information, I came up with 15.4%

Ow my bad, I didn't read correctly. I had put in the NAV/U of today instead of the one at the end of the last period.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: EnJoyThis on November 06, 2014, 01:15:12 PM

Quote from: twentyseventy on November 06, 2014, 12:22:46 PM

Quote from: EnJoyThis on November 05, 2014, 01:42:02 PM

Hi Twentyseventy,

I don't know how your excel sheet works but would it be much effort to post with every diff change how much next diff change should be in order to receive dividend.

Would help alot of ppl.

Cheers,
EnJoyThis

Yeah, I can do that. Basically, your inputs here are the Current Difficulty, the NAV/U at the end of the last period (from the Period Report), and the Difficulty Increase.

You'll have to play with the Diff Increase and see what value will get you to a positive SELL dividend. Once you've got the smallest Diff Increase that will give you a positive SELL div, then you've got your answer.

Here's the link; you'll have to download it and edit it locally: https://drive.google.com/file/d/0B6foRwycUyraQkNWVVNOY1ZDdzA/view?usp=sharing

Thanks, downloaded the file and filled in the 'blanks'.

To all readers: with todays numbers we would need to see a 16.7% increase in diff to get a 'positive' reserve fund.

Cheers

I believe all the blanks were already prefilled with this periods information, I came up with 15.4%

EnJoyThis

hero member

Activity: 980

Merit: 1000

Quote from: twentyseventy on November 06, 2014, 12:22:46 PM

Quote from: EnJoyThis on November 05, 2014, 01:42:02 PM

Hi Twentyseventy,

I don't know how your excel sheet works but would it be much effort to post with every diff change how much next diff change should be in order to receive dividend.

Would help alot of ppl.

Cheers,
EnJoyThis

Yeah, I can do that. Basically, your inputs here are the Current Difficulty, the NAV/U at the end of the last period (from the Period Report), and the Difficulty Increase.

You'll have to play with the Diff Increase and see what value will get you to a positive SELL dividend. Once you've got the smallest Diff Increase that will give you a positive SELL div, then you've got your answer.

Here's the link; you'll have to download it and edit it locally: https://drive.google.com/file/d/0B6foRwycUyraQkNWVVNOY1ZDdzA/view?usp=sharing

Thanks, downloaded the file and filled in the 'blanks'.

To all readers: with todays numbers we would need to see a 16.7% increase in diff to get a 'positive' reserve fund.

Cheers

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: EnJoyThis on November 05, 2014, 01:42:02 PM

Hi Twentyseventy,

I don't know how your excel sheet works but would it be much effort to post with every diff change how much next diff change should be in order to receive dividend.

Would help alot of ppl.

Cheers,
EnJoyThis

Yeah, I can do that. Basically, your inputs here are the Current Difficulty, the NAV/U at the end of the last period (from the Period Report), and the Difficulty Increase.

You'll have to play with the Diff Increase and see what value will get you to a positive SELL dividend. Once you've got the smallest Diff Increase that will give you a positive SELL div, then you've got your answer.

Here's the link; you'll have to download it and edit it locally: https://drive.google.com/file/d/0B6foRwycUyraQkNWVVNOY1ZDdzA/view?usp=sharing

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 24, Day 1 Report - November 6, 2014

Balance Post Divs: BTC 209.12156265

Total Units: 18059

NAV/U: BTC 0.01157990

EnJoyThis

hero member

Activity: 980

Merit: 1000

Hi Twentyseventy,

I don't know how your excel sheet works but would it be much effort to post with every diff change how much next diff change should be in order to receive dividend.

Would help alot of ppl.

Cheers,
EnJoyThis

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 24, Day 0 Report - November 5, 2014

Balance Post Divs: BTC 205.17807976

Total Units: 17626

NAV/U: BTC 0.01164064

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23 End Report - November 5, 2014

Previous Units 16336
EXCH Sold 1290
Less Buybacks 0
New Total Units 17626

Previous Balance 205.60896969
Price per EXCH 0.01296383
Gross Sales of EXCH    16.72334070

Less Fees       0.06689344
Less Dividends       15.64354365
Less Buybacks 0.00000000
Less Mgmt Fee 0.32471880
Net Balance       206.29715450

End of Period NAV/U    0.01170413

New Difficulty       39,603,666,252
New Daily Dividend 0.00006349
New Reserve per Unit    0.01269800

New Reserve Less NAV/U = 0.01170413 - 0.01269800 = -0.00099387

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

Days of Dividends On Hand ~184

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.

New EXCH Sales Price 0.01205525

twentyseventy

legendary

Activity: 1386

Merit: 1000

Have some business to attend to today so I will be removing EXCH at around 10AM instead of 11. Will be putting EXCH ask back up as soon after 12 as possible.

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23, Day 12 Report - November 4, 2014

Balance Post Divs: BTC 206.29715450

Total Units: 17626

NAV/U: BTC 0.01170413

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: NotLambchop on November 03, 2014, 07:07:06 PM

Hey twentyseventy. It seems some folks are looking for your friend ABitInterested, the one with the legit offline business.
Care to help them?
Or?

Will be pushing him this week to get his act together; otherwise I will be releasing his personal information so that people can seek to be made whole financially in whatever way they see fit. If I choose to do so, that is my prerogative and I will do so when I feel the time is appropriate.

Not happy with him myself; I still have yet to recoup my initial investment.

NotLambchop

sr. member

Activity: 378

Merit: 254

Hey twentyseventy. It seems some folks are looking for your friend ABitInterested, the one with the legit offline business.
Care to help them?
Or?

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23, Day 11 Report - November 3, 2014

Balance Post Divs: BTC 207.45272159

Total Units: 17620

NAV/U: BTC 0.01177370

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23, Day 10 Report - November 2, 2014

Balance Post Divs: BTC 208.68383099

Total Units: 17620

NAV/U: BTC 0.01184357

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23, Day 9 Report - November 1, 2014

Balance Post Divs: BTC 209.90228014

Total Units: 17619

NAV/U: BTC 0.01191340

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: twentyseventy on October 31, 2014, 02:36:05 PM

Quote from: eltopo on October 31, 2014, 05:07:32 AM

Thanks for constantly updating this.

As the hashrate is heading towards 300 PH/s, can you please explain the difficulty change that is needed for a SELL dividend?

Sure thing. I'm actually traveling this weekend so updates will come today and Sunday or will do all catch up on Sunday night.

The replacement value of any period is about a 6.5% difficulty increase. Obviously the last few periods have been running a deficit; will run the numbers on Sunday or Monday to let you know exactly what kind of increase is needed this time around for a SELL div.

Okay, my handy dandy excel sheet is telling me that the difficulty needs to increase about 18 - 19% this period for a SELL dividend to be paid. We started this period at about 180 days worth of dividends, so that's a lot of BTC to make up in one period. Today's spike is pretty interesting, though - wonder if it will last!

twentyseventy

legendary

Activity: 1386

Merit: 1000

Period 23, Day 8 Report - October 31, 2014

Balance Post Divs: BTC 211.05735815

Total Units: 17613

NAV/U: BTC 0.01198304

twentyseventy

legendary

Activity: 1386

Merit: 1000

Quote from: eltopo on October 31, 2014, 05:07:32 AM

Thanks for constantly updating this.

As the hashrate is heading towards 300 PH/s, can you please explain the difficulty change that is needed for a SELL dividend?

Sure thing. I'm actually traveling this weekend so updates will come today and Sunday or will do all catch up on Sunday night.

The replacement value of any period is about a 6.5% difficulty increase. Obviously the last few periods have been running a deficit; will run the numbers on Sunday or Monday to let you know exactly what kind of increase is needed this time around for a SELL div.

Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 50. (Read 290305 times)