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561  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 28, 2015, 04:18:51 PM
Period 36, Day 8 Report - April 28, 2015

Balance Post Divs: BTC 141.90595814

Total Units: 87384

NAV/U: BTC 0.00162393
562  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 27, 2015, 04:13:56 PM
Period 36, Day 7 Report - April 27, 2015

Balance Post Divs: BTC 142.45066663

Total Units: 84969

NAV/U: BTC 0.00167650
563  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 27, 2015, 02:28:45 PM
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



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).
564  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 26, 2015, 05:12:25 PM
Period 36, Day 6 Report - April 26, 2015

Balance Post Divs: BTC 139.44663601

Total Units: 80661

NAV/U: BTC 0.00172879
565  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 25, 2015, 04:16:48 PM
Period 36, Day 5 Report - April 25, 2015

Balance Post Divs: BTC 136.25286602

Total Units: 76501

NAV/U: BTC 0.00178105
566  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 24, 2015, 04:11:49 PM
Period 36, Day 4 Report - April 24, 2015

Balance Post Divs: BTC 136.55272965

Total Units: 74472

NAV/U: BTC 0.00183361
567  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 23, 2015, 04:07:24 PM
Period 36, Day 3 Report - April 23, 2015

Balance Post Divs: BTC 132.49061739

Total Units: 70255

NAV/U: BTC 0.00188585
568  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 22, 2015, 04:58:32 PM
Period 36, Day 2 Report - April 22, 2015

Balance Post Divs: BTC 132.96621509

Total Units: 68596

NAV/U: BTC 0.00193839
569  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 21, 2015, 04:14:46 PM
Period 36, Day 1 Report - April 21, 2015

Balance Post Divs: BTC 133.15604510

Total Units: 66881

NAV/U: BTC 0.00199093

570  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 20, 2015, 03:39:16 PM
Period 36, Day 0 Report - April 20, 2015

Balance Post Divs: BTC 132.79085996

Total Units: 64984

NAV/U: BTC 0.00204343
571  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 20, 2015, 03:27:36 PM
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.
572  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: April 19, 2015, 04:34:10 PM
"HOW TO SWAP YOUR AMHASH UNITS TO AMHASHLC UNITS:

Log into your Havelock Account and click on the xfr button to issue the units back to the issuer. By sending AMHash units back to the issuer your account will receive an equivalent amount of AMHashLC units in return. There is a potential time delay due to this process having to be performed manually."


Can anyone else find the XFR button the Havelock accounts page? I guess I am being really thick but can't find it anywhere.

After my request to transfer, it was accepted and is now at 0ghs. However nothing has shown in my Havelock accounts page and the elusive XFR button eludes me! Many thanks. Tom

I believe that in your account main page, where it shows your list of currently held units, there will be a small 'Xfr' link on the same line as the Fund and number of units you own.
573  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 19, 2015, 04:30:42 PM
Period 35, Day 14 Report - April 19, 2015

Balance Post Divs: BTC 131.36567752

Total Units: 62679

NAV/U: BTC 0.00209584
574  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 18, 2015, 06:39:28 PM
Period 35, Day 13 Report - April 18, 2015

Balance Post Divs: BTC 133.60544732

Total Units: 62240

NAV/U: BTC 0.00214661
575  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 17, 2015, 04:18:59 PM
Period 35, Day 12 Report - April 17, 2015

Balance Post Divs: BTC 136.54720748

Total Units: 62139

NAV/U: BTC 0.00219744
576  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 16, 2015, 04:09:12 PM
Period 35, Day 11 Report - April 16, 2015

Balance Post Divs: BTC 137.23422764

Total Units: 61045

NAV/U: BTC 0.00224808
577  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 15, 2015, 04:08:31 PM
Period 35, Day 10 Report - April 15, 2015

Balance Post Divs: BTC 139.08562868

Total Units: 60503

NAV/U: BTC 0.00229882
578  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 14, 2015, 06:53:53 PM
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.
579  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 14, 2015, 06:53:03 PM
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


580  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: April 12, 2015, 05:22:49 PM
Period 35, Day 7 Report - April 12, 2015

Balance Post Divs: BTC 143.31703072

Total Units: 58475

NAV/U: BTC 0.00245091
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