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Topic: [Havelock] Bitcoin Difficulty Derivative (BDD) - page 56. (Read 290235 times)

legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
We are thinking to invest in MINE AND SELL..Are dividends paid out daily? Or other ways? Smiley
legendary
Activity: 1386
Merit: 1000
Period 17, Day 7 Report - August 15, 2014

Balance Post Divs: BTC 326.10204458

Total Units: 13856

NAV/U: BTC 0.02353507

I'll be posting daily updates and answering questions over at BDD's thread on Havelock's Forum as well:

https://support.havelockinvestments.com/support/discussions/topics/1000034536
full member
Activity: 230
Merit: 100
Can you post share distribution again please? Thx
legendary
Activity: 1386
Merit: 1000
@TwentySeventy:  Are you getting your daily divs from ABitInterested?  Everything good there?

Sorry to barge in on your thread and forgive me for being somewhat indiscreet, but I'm ABitWorried about him.  All the health problems his family is having...  He's a strong, proud man; not one to drag his personal troubles into his legit internet and offline businessesesses.  But even the strong need a shoulder to lean on in these trying times, and I can't help but feel it would be cold of me not to extend an offer of help in his hour of need.

He trusts and confides in you, I just couldn't think of a better person to ask.  I hope you understand.

Sincerely yours,
  ~NotLambchop

I'm only invested in XXXProfit, not ApplianceStore. I'm waiting on XXXP divs like everyone else; I spoke with ABI on Tuesday about just that. He said that he has been out of town with family issues (as you seem aware) and is working on the Coinbase transfers.

I dislike waiting for dividends as much as the next guy, which is why I sent him a message about it.

Feel free to post in that thread next time and PM me to let me know you've addressed me there. As always, I'm trying to keep this thread on-topic.
legendary
Activity: 1386
Merit: 1000
Period 17, Day 6 Report - August 14, 2014

Balance Post Divs: BTC 327.94873032

Total Units: 13862

NAV/U: BTC 0.02365811

I'll be posting daily updates and answering questions over at BDD's thread on Havelock's Forum as well:

https://support.havelockinvestments.com/support/discussions/topics/1000034536
sr. member
Activity: 378
Merit: 254
@TwentySeventy:  Are you getting your daily divs from ABitInterested?  Everything good there?

Sorry to barge in on your thread and forgive me for being somewhat indiscreet, but I'm ABitWorried about him.  All the health problems his family is having...  He's a strong, proud man; not one to drag his personal troubles into his legit internet and offline businessesesses.  But even the strong need a shoulder to lean on in these trying times, and I can't help but feel it would be cold of me not to extend an offer of help in his hour of need.

He trusts and confides in you, I just couldn't think of a better person to ask.  I hope you understand.

Sincerely yours,
  ~NotLambchop
hero member
Activity: 938
Merit: 502
The trick is to buy when it is at a very low price compared to what it is paying. 

http://en.wikipedia.org/wiki/Optimal_control
hero member
Activity: 630
Merit: 500
Bitgoblin
The trick is to buy when it is at a very low price compared to what it is paying. 
Like with any other security, actually.
hero member
Activity: 854
Merit: 510
Hi I'm fairly new here, but mostly invested in b mine. Any idea why we've seen such a big change over the last 3 days?
B.Mine has had an over extended winning streak because of the lower difficulty changes.   This upcoming difficulty change looks like it will be larger, so people are moving out of B.Mine and maybe into B.Sell.   Anyway if you want to make BTC you have to pay attention to the difficulty.  https://bitcoinwisdom.com/bitcoin/difficulty is a good place to start.

As was  stated before, when the difficulty goes up the dividend will go down.   That in turn means that B.Mine is worth less.   If you look at the charts you will see that B.Mine has been dropping in price often.   The trick is to buy when it is at a very low price compared to what it is paying. 

legendary
Activity: 1386
Merit: 1000
Period 17, Day 5 Report - August 13, 2014

Balance Post Divs: BTC 328.60646969

Total Units: 13817

NAV/U: BTC 0.02378276
sr. member
Activity: 475
Merit: 255
Hi I'm fairly new here, but mostly invested in b mine. Any idea why we've seen such a big change over the last 3 days?

Probably much of the new mining equipment (ASICs) is coming online. Also note that if hashrate increases, dividend yield of B.MINE decreases.
newbie
Activity: 1
Merit: 0
Hi I'm fairly new here, but mostly invested in b mine. Any idea why we've seen such a big change over the last 3 days?
legendary
Activity: 1386
Merit: 1000
Period 17, Day 4 Report - August 12, 2014

Balance Post Divs: BTC 330.36730817

Total Units: 13817

NAV/U: BTC 0.02391020
legendary
Activity: 1386
Merit: 1000
Period 17, Day 3 Report - August 11, 2014

Balance Post Divs: BTC 313.67222224

Total Units: 13068

NAV/U: BTC 0.02400307
legendary
Activity: 1386
Merit: 1000
Period 17, Day 2 Report - August 10, 2014

Balance Post Divs: BTC 308.36427491

Total Units: 12785

NAV/U: BTC 0.02411922
legendary
Activity: 1386
Merit: 1000
Period 17, Day 1 Report - August 9, 2014

Balance Post Divs: BTC 308.17017955

Total Units: 12711

NAV/U: BTC 0.02424436
legendary
Activity: 1386
Merit: 1000
From the contract:

Dividend Payout Times
All reasonable care will be taken to pay out dividends on time. In the event that the Manager is available to pay out dividends on time, for any reason, then dividends will be paid out as soon as possible afterwards. The holders of the contracts are entitled to receive dividends at the time that the Manager pays the dividends, not at the scheduled time at which dividends are normally paid.

It's the same situation as if a SELL holder had sold the shares before the dividends were paid - you have to ensure that you see the dividends in your account, don't rely on the time to see if they've been paid yet.

OK, This was my error, a misunderstanding. Sorry, merci for your answers Smiley
I like B.MINE and B.SELL, it's better than ASIC-mining or Cloud-mining Smiley

No problem, I just wanted to be sure that you understood why. I don't want anyone to feel like they were getting cheated; the dividends are always paid a bit after Noon, as the script just runs a little bit after 12PM
full member
Activity: 135
Merit: 100
From the contract:

Dividend Payout Times
All reasonable care will be taken to pay out dividends on time. In the event that the Manager is available to pay out dividends on time, for any reason, then dividends will be paid out as soon as possible afterwards. The holders of the contracts are entitled to receive dividends at the time that the Manager pays the dividends, not at the scheduled time at which dividends are normally paid.

It's the same situation as if a SELL holder had sold the shares before the dividends were paid - you have to ensure that you see the dividends in your account, don't rely on the time to see if they've been paid yet.

OK, This was my error, a misunderstanding. Sorry, merci for your answers Smiley
I deleted my garbage.
I like B.MINE and B.SELL, it's better than ASIC-mining or Cloud-mining Smiley
legendary
Activity: 1386
Merit: 1000
2014-08-08 12:03:57    dividend          B.MINE    ฿0.06907248
2014-08-08 12:02:16    sell    200    ฿0.01475000    B.MINE   

The dividents ware a little bit late, but I am sure you will correct it.


Dividends are run automatically on Havelock's script, I don't have control of the exact timing that dividends are issued. They actually always run a little after Noon.

Dividends are paid to whomever holds the MINE share at that time, so the new holder of the MINE shares received the dividends, as they should have. Just like SELL divs, be sure that they've been paid that day before selling on the market.

I am surprised - you did manual corrections in similar situations.

OK, then please correct your declaration at "Overview" section here:
https://www.havelockinvestments.com/fund.php?symbol=B.MINE:

"B.MINE allows its holder to receive daily dividends of the theoretical mining output of a 5GH/s Bitcoin miner. Dividends will be paid to holders of B.MINE at 12:00PM Eastern Time each day. "

so nobody else will be in my situation - loss of 0.025 BTC for 100 seconds Smiley

I have done manual corrections when there was an error made on my part. However, this is a standard occurrence that dividends are paid soon after Noon and not exactly at 12:00PM ET, so there was no error made on my part here.

From the contract:

Dividend Payout Times
All reasonable care will be taken to pay out dividends on time. In the event that the Manager is available to pay out dividends on time, for any reason, then dividends will be paid out as soon as possible afterwards. The holders of the contracts are entitled to receive dividends at the time that the Manager pays the dividends, not at the scheduled time at which dividends are normally paid.

It's the same situation as if a SELL holder had sold the shares before the dividends were paid - you have to ensure that you see the dividends in your account, don't rely on the time to see if they've been paid yet.
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