[BTC-TC] Deprived Mining Speculation (DMS)

[Deprived]

DMS.Selling dividend is going to be around 0.001093, isn't it?

That sounds the right sort of size - I haven't calculated it myself yet as it won't happen until tomorrow (the difficulty rise was after midnight).  Will work it out exactly after I do today's MINING dividends shortly.  Then tomorrow I'll pay the SELLING dividend and also MINING divdends for the rest of the month (pretty sure difficulty won't rise again in October) so everyone has a decent amount of time to get their last DMS dividends off of BTC-TC (and so I can also get DMS' own funds off BTC-TC with time to spare).

[Deprived]

BTC Balance (BTC-TC)   11.53801262
CIPHERMINE Bonds    260.56000000
BTC Balance (Wallet)    328.21586392
TOTAL ASSETS    600.31387654
   
Outstanding MINING   152575
Outstanding SELLING   152575
Outstanding PURCHASE   10479
Effective Units   163054
   
Block reward   25
Difficulty   267,731,250
Hashes per MINING   5000000
   
Daily Dividend    0.00000939
50 days (Min Liquid)    0.00046960
100 days (Forced Close)    0.00093920
365 days (Buyback)    0.00342808
405 days (IPO)    0.00380376
400 days (Post SELLING div)    0.00375680
410 days (Pre SELLING div)    0.00385072
   
NAV Post MINING Div    598.78247295
NAV/U Post MINING Div    0.00367230
Days Dividend Post Div   391.00
SELLING Dividend    -         
NAV Post SELLING Div    598.78247295
NAV/U Post Selling Div    0.00367230

[Deprived]

Will post a calculation for the SELLING dividend a bit later (going out shortly for a few hours).  Need to add in last week's CIPHERMINE.B1 dividend (which was paid directly rather than on exchange and is in a different BTC address - the one set as public address for the DMS issuer account).

[Deprived]

Forgot clocks moved back in UK last night - so dividends are now due an hour earlier (in my local time - which is now GMT rather than GMT+1).

A transfer is on its way to BTC-TC to pay the SELLING dividend and should hopefully be there in time to pay the dividend on time (would need very slow block finding for it to be late).  Will send the dividends as soon as it arrives.

BTC Balance (BTC-TC)   210.0069356
CIPHERMINE Bonds    260.56000000
BTC Balance (Wallet)    128.21576392
Dividends (Wallet)    0.81393600
TOTAL ASSETS    599.59663548
   
Outstanding MINING   152575
Outstanding SELLING   152575
Outstanding PURCHASE   10479
Effective Units   163054
   
Block reward   25
Difficulty   390,928,788
Hashes per MINING   5000000
   
Daily Dividend    0.00000643
50 days (Min Liquid)    0.00032161
100 days (Forced Close)    0.00064322
365 days (Buyback)    0.00234775
405 days (IPO)    0.00260504
400 days (Post SELLING div)    0.00257288
410 days (Pre SELLING div)    0.00263720
   
NAV Post MINING Div    598.54783936
NAV/U Post MINING Div    0.00367086
Days Dividend Post Div   570.70
SELLING Dividend    0.00109798
NAV Post SELLING Div    419.51844802
NAV/U Post Selling Div    0.00257288

[Deprived]

Am also making a payment now for the next 7 days of MINING dividend - should it turn out that difficulty rises within next 7 days then I'll refund any overpayment myself.  This earlier payment allows those who only hold DMS to withdraw their funds from BTC-TC now - as there'll be no further payments made by DMS on BTC-TC.

0.00000643 * 7 = 0.00004501 which will now be divdended to MINING/PURCHASE and is advance payments for

Oct 28,29,30,31
Nov 1,2,3

[iourzzz]

Am also making a payment now for the next 7 days of MINING dividend - should it turn out that difficulty rises within next 7 days then I'll refund any overpayment myself.  This earlier payment allows those who only hold DMS to withdraw their funds from BTC-TC now - as there'll be no further payments made by DMS on BTC-TC.

0.00000643 * 7 = 0.00004501 which will now be divdended to MINING/PURCHASE and is advance payments for

Oct 28,29,30,31
Nov 1,2,3

Thank you very much!

[inspiredinvestor]

Am also making a payment now for the next 7 days of MINING dividend - should it turn out that difficulty rises within next 7 days then I'll refund any overpayment myself.  This earlier payment allows those who only hold DMS to withdraw their funds from BTC-TC now - as there'll be no further payments made by DMS on BTC-TC.

0.00000643 * 7 = 0.00004501 which will now be divdended to MINING/PURCHASE and is advance payments for

Oct 28,29,30,31
Nov 1,2,3

Thank you very much!

+1

[Tafelpoot]

Edit: got several PMs already, give me a sec to sort this out.

Originally I bid 0.0024 for DMS.SELLING ... which is outrageous of course. I'd missed the NAV after DMS.SELLING div.
Thanks BitThink to point this out.

Correct bid: WTB DMS.SELLING @ 0.0013

[HowlingMad]

The next difficulty change is estimated to be Nov. 6th,next Wednesday.  Has there been any progress on a new stock exchange?  If not, how are the payouts going to occur?

[ewibit]

Hi

BTC-TC SHUTDOWN

I have not got any information on the procedure to transfer shares (DMS)..
what is with shares @BTC-TC?

thx

[Rannasha]

Hi

BTC-TC SHUTDOWN

I have not got any information on the procedure to transfer shares (DMS)..
what is with shares @BTC-TC?

thx

Shares will be handled in a "direct share" fashion, with dividends paid to your public BTC address. Deprived is working on getting listed at a new exchange (not one of the current exchanges).

[ewibit]

Shares will be handled in a "direct share" fashion, with dividends paid to your public BTC address. Deprived is working on getting listed at a new exchange (not one of the current exchanges).

ok thx

[HowlingMad]

NAV Post MINING Div    598.54783936
NAV/U Post MINING Div    0.00367086
Days Dividend Post Div   570.70
SELLING Dividend    0.00109798
NAV Post SELLING Div    419.51844802
NAV/U Post Selling Div    0.00257288

Trying to calculate what my DMS is worth in BTC.  I am guessing that the calculation is:
(Shares MINING + Shares Purchase) * NAV/U Post MINING Div
(Shares SELLING + Shares Purchase) * NAV/U Post SELLING Div.

Is that correct?

[odolvlobo]

NAV Post MINING Div    598.54783936
NAV/U Post MINING Div    0.00367086
Days Dividend Post Div   570.70
SELLING Dividend    0.00109798
NAV Post SELLING Div    419.51844802
NAV/U Post Selling Div    0.00257288

Trying to calculate what my DMS is worth in BTC.  I am guessing that the calculation is:
(Shares MINING + Shares Purchase) * NAV/U Post MINING Div
(Shares SELLING + Shares Purchase) * NAV/U Post SELLING Div.

Is that correct?

That is not correct.

PURCHASE = NAV/U Post SELLING Div minus MINING dividends paid since
MINING = market value based on perception of difficulty
SELLING = market value based on PURCHASE - MINING

Since there is no market at the moment, only the value of PURCHASE shares is known.

[HowlingMad]

Thanks for the info.  Oh well, one out of three isn't bad! 

[baloo_kiev]

Is there any way to trade/transfer the bonds?

[stripykitteh]

Is there any way to trade/transfer the bonds?

Deprived has said he'd do a transfer if both parties inform him of a trade. So you can post an offer here if you are buying/selling and see if anyone nibbles.

[baloo_kiev]

WTB 1000 SELLING @ 0.0021

Edit: Price valid for 24 hours or until cancelled, whichever is earlier.

[baloo_kiev]

Deprived, what is the minimum amount of M+S which can be purchased from you directly? The price is 1,05 * NAV/U, right?

[Rannasha]

WTB 1000 SELLING @ 0.0021

Edit: Price valid for 24 hours or until cancelled, whichever is earlier.

Not sure if Deprived is handling manual share-transfers now that BTCT is completely closed for logins.