When the contract expires on Dec 15 at the fixed time they should buy back all the shares for 0 BTC.
They should announce in advance how many shares will be issued AND the price.
I was wondering this last supply increase too |
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TH1BTC is getting more an more interesting
BFL was shut down last week. I would assume they had 1) a large self mining operation and 2) their hosted mining operation, which were both probably shut down during the raid. I believe this has led to the drop in the overall hash rate, and that we might actually see our first negative difficulty adjustment in a long time. Still, with estimation of average 9% increase over every difficulty increase and a 20% decrease next adjustment (thats very conservative number, buttf__king labs machines surely doesnt contribute 20% of the network), it would not be reasonable to buy any hashes. (you would earn 1.104 from hashing and 0.09 from interest assuming 0.25% rate) Let's see how irrational it could go... lol just like on CEXIO |
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1TH of hashing power (in a 3500TH pool with 3% fee) that expires at 15 December, the contract includes maintenance fee
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TH1BTC is getting more an more interesting  |
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This hot potato is more like french fries.... what the heck is wrong that people valuate at 1.25BTC, thats even not reasonable if 0% difficulty increases
(Until it's too late that you've got cancer in your wallet with those "french fries")
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Came here re: the negative dividends issue as well. Glad to see you guys have sorted out the cause.
Cause is known, problem still here. This address triggers everything: 19vvtxUpbidB8MT5CsSYYTBEjMRnowSZj4 Send any balance here and it will appear proportionally (by dividing 3500TH) in every BFX account. |
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Support is dead (having fun weekends?) Compare and know why, see how idiotic and devestating would it be for the bug (which possibly have a larger transaction and everyone is out in balance causing things like margin call)  |
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Derek you have 2 misconception
1: You own the shares when you lend out and you would earn dividend
2: The system is shitty that it tracks balance of wallet to determine, as previous post mentioned there was an out going transaction from the mining wallet thus this happened. Blame unclescrooge.
@superbit
It is a complicated (yet buggy) system
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I looked at shorting it but 0.23% a day?
0.2% a day, 16% until December 15 (actually less because it's a "depleting asset"). But with current price you'll be in profit anyway. So as I test (never shorted before), and I didn't borrow anything and just did a margin sell at market of 0.1 TH1BTC. The order went though but under swap cost it says 0.00? The system must have borrowed the TH1BTC from someone to sell it, where do I see that? I didn't have to put in how many days I wanted to borrow from or anything. Thanks, The swap probably says 'daily' under it. If so the swap is paid daily and you might need to have a look at history to see details on the daily payment on your swap. |
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September 26, 2014 - 01:38:35 PM CEST 322671 3,465.12 400 -200.712 -23.16942912
What's that, and why was I debited for a dividend?
Free money for shorters?!??!? (Mailed support, not responded yet) |
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Having a look at the mining contract size increase notice, seems that additional contract DOES NOT directly hang on the order book nor even transact. In fact the whole orderbook right after the effective time doesn't really change and doesnt sum up to >100THS
refer to BFXdata for details
effective time:
after 322327 is #322503 @ 2014/09/25 11:13
after 321969 is #322181 @ 2014/09/23 11:23
So where the F are they?
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I dont see signicficant volume for both mining contract increase on BFX, neither on orderbook or trade history. Where are they?
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I expecting dump under 1 btc/th1 after adjustment
Adjust time: After 103 Blocks, About 15.0 hours
Estimated Next Difficulty: 34,754,721,333 (+16.51%)
I think Diff on end of the year will be raising hard.
For additional excitement, the supply of TH1 will increase by 25% after the next block is mined by the pool |
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what if one person will buy all TH1 mining contract any prize, then raise prize to 3-10 btc and force all short margin to liqudation price and all short sellers will lost all money ?
And what's the point to him? after liqudation market will buy all TH1 contract for very high prize from this one person (becouse anyone else can sell th1 without any swap, only him with all th1 or 90 % of them) i just asking what is protection before that becouse now i see ridicious prize 1.3 on th1 and huge fake buy walls, people dont have enought swap to sell into this walls As a shorter,would like to show concern to BFX on this too. EDIT After a sencond thougt, there is currently an non-effective mechenism to prent, which is adding new THS to the market. Also this action is done without prior notice. With the risk that the malicious actor have to bear it would be irrational to do it. EDIT: and their reaction is FRIGGIN slow. |
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165631
17uDitGUwYRtZgM6zWJkZnrBn9agCSUp9E
My deposit a77dbacc48efe4e19bbe3defaf9051702712ef7b393559c753ef63becb6a0623
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dicenow welcomes any new players that need a place to safely dice. almost 1 year of safe operation exact same roll generation method as JD. we don't skip nonces either  Desperate for update of anykinds XD |
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