[BTC-TC] Deprived Mining Speculation (DMS)

[🏰 TradeFortress 🏰]

If it encourages more betters ("I want to make money on JD like that guy!") and gets rid of depositors ("Gah I'm not going to lose money again") then that's good (and is what has been happening). It would be interesting if the opposite happened however - betters believed that since the house lost a lot before, the house is going to win next and depositors deposit thinking that the invisible strings are going to pull the losses back to profits.

[vandinn]

Deprived,

I am writing a website about Bitcoin for audience in the Czech Republic and a question I get a lot is: "How much money should I keep in crypto currencies?"
Aside from the usual recommendations like "what you can afford to lose" what is your opinion on that? What share of your assets do you keep in crypto? What would you recommend to someone who doesn't observe the market every day, but, let's say, every week. And what about someone who reads about BTC several times a month?

I'm sure other investors in your securities will be interested in your answer as well.

Cheers

[Deprived]

Noone noticed it in advance = or even noticed it had happened, but today's dividend went out at midnight.  Only just noticed myself.  Looks like I failed to set the time and only set the date.

I'm not going to try to work out what was sold at midnight etc to provide accounts for that time - there'll be days when I won't be around to produce accounts anyway (it's only really important for days where SELLING dividend is due).

I'm going to check to see if I held any PURCHASE sent in fro transfer at midnight (in which case I'll manually send them the dividend they missed).  Then I'll produce a shortened report showing no dividend but current value etc.  That won't be until after the scheduled dividend time - as PURCHASE dividend was set for correct time so hasn't paid out yet.

The transfers for increased investments went through and have now been applied - so it'll show a higher JD balance and two Coinlenders CDs (I've added the dates at which they end into the spradsheet).

[Deprived]

I didn'#t hold any PURCHASE for transfers at midnight - looks like I did transfers out right before then, last one being:

2013-07-13 23:59:48    DMS.SELLING    transfer-out

So I finished catching up 12 seconds before the dividend triggered.

[Deprived]

Sold   463
Swapped   0
Total   463
Price   0.04035
Total   18.68205
Less Fee   18.6446859
Man Fee   0.559340577

BTC Balance (BTC-TC)   1270.200239
11608 LTC-ATF.B1    116.08000000
Coinlenders CD 29/7    202.02317061
Coinlenders CD 13/8    100.02932904
Just-Dice Balance    161.41629041
TOTAL ASSETS    1,849.74902927
   
Outstanding MINING   47344
Outstanding SELLING   47344
Outstanding PURCHASE   1004
Effective Units   48348
   
Block reward   25
Difficulty   26,162,876
Hashes per MINING   5000000
   
Daily Dividend    0.00009611
50 days (Min Liquid)    0.00480554
100 days (Forced Close)    0.00961107
365 days (Buyback)    0.03508041
405 days (IPO)    0.03892484
400 days (Post SELLING div)    0.03844428
410 days (Pre SELLING div)    0.03940539
   
NAV Post MINING Div    1,849.74902927
NAV/U Post MINING Div    0.03825906
Days Dividend Post Div   398.07
SELLING Dividend    -         
NAV Post SELLING Div    1,849.74902927
NAV/U Post Selling Div    0.03825906
PURCHASE selling price    0.04017201
PURCHASE buy-back price    0.03749388

Large drop in days of dividend left today - due to the losses on J-D (we lost about 10 BTC but have made back about 3 of them already on there).  Report is same as usual other than the dividend not being deducted in it - as the balance at start already represents balance after the dividends were paid.

[Deprived]

Sold   571
Swapped   0
Total   571
Price   0.040172
Total   22.938212
Less Fee   22.89233558
Man Fee   0.686770067

BTC Balance (BTC-TC)   1294.628725
11417 LTC-ATF.B1    114.17000000
Coinlenders CD 29/7   202.1580662
Coinlenders CD 13/8    100.09566289
Just-Dice Balance    158.76302688
TOTAL ASSETS    1,869.81548082
   
Outstanding MINING   47859
Outstanding SELLING   47859
Outstanding PURCHASE   1060
Effective Units   48919
   
Block reward   25
Difficulty   26,162,876
Hashes per MINING   5000000
   
Daily Dividend    0.00009611
50 days (Min Liquid)    0.00480554
100 days (Forced Close)    0.00961107
365 days (Buyback)    0.03508041
405 days (IPO)    0.03892484
400 days (Post SELLING div)    0.03844428
410 days (Pre SELLING div)    0.03940539
   
NAV Post MINING Div    1,865.11384101
NAV/U Post MINING Div    0.03812657
Days Dividend Post Div   396.69
SELLING Dividend    -         
NAV Post SELLING Div    1,865.11384101
NAV/U Post Selling Div    0.03812657
PURCHASE selling price    0.04003290
PURCHASE buy-back price    0.03736404

[Deprived]

Sold   121
Swapped   0
Total   121
Price   0.040033
Total   4.843993
Less Fee   4.834305014
Man Fee   0.14502915

BTC Balance (BTC-TC)    1,294.61642477
11417 LTC-ATF.B1    114.17000000
Coinlenders CD 29/7    202.29066128
Coinlenders CD 13/8    100.16106604
Just-Dice Balance    152.59071648
TOTAL ASSETS    1,863.82886857
   
Outstanding MINING   47861
Outstanding SELLING   47861
Outstanding PURCHASE   1179
Effective Units   49040
   
Block reward   25
Difficulty   26,162,876
Hashes per MINING   5000000
   
Daily Dividend    0.00009611
50 days (Min Liquid)    0.00480554
100 days (Forced Close)    0.00961107
365 days (Buyback)    0.03508041
405 days (IPO)    0.03892484
400 days (Post SELLING div)    0.03844428
410 days (Pre SELLING div)    0.03940539
   
NAV Post MINING Div    1,859.11559936
NAV/U Post MINING Div    0.03791019
Days Dividend Post Div   394.44
SELLING Dividend    -         
NAV Post SELLING Div    1,859.11559936
NAV/U Post Selling Div    0.03791019
PURCHASE selling price    0.03980570
PURCHASE buy-back price    0.03715198

[baloo_kiev]

Where's the PURCHASE offer? No ask orders at BTCT 

[Deprived]

Where's the PURCHASE offer? No ask orders at BTCT 

Sorry - got side-tracked on something else.  It's up now.

[Deprived]

MINING dividend coming shortly.  Had to go out this afternoon - thought I'd be back half an hour before dividend but ended up only just getting back.  Am just updating all the math for the spreadsheet then will pay the dividends manually.

[Deprived]

Dividends have been scheduled for over half an hour now - just got to wait until BTC-TC processes them.

[Deprived]

Sold   1060
Swapped   0
Total   1060
Price   0.039806
Total   42.19436
Less Fee   42.10997128
Man Fee   1.263299138

BTC Balance (BTC-TC)    1,330.74996168
11417 LTC-ATF.B1    114.17000000
Coinlenders CD 29/7    202.42491432
Coinlenders CD 13/8    100.22728701
Just-Dice Balance    154.32265135
TOTAL ASSETS    1,901.89481436
   
Outstanding MINING   48569
Outstanding SELLING   48569
Outstanding PURCHASE   1531
Effective Units   50100
   
Block reward   25
Difficulty   26,162,876
Hashes per MINING   5000000
   
Daily Dividend    0.00009611
50 days (Min Liquid)    0.00480554
100 days (Forced Close)    0.00961107
365 days (Buyback)    0.03508041
405 days (IPO)    0.03892484
400 days (Post SELLING div)    0.03844428
410 days (Pre SELLING div)    0.03940539
   
NAV Post MINING Div    1,897.07966780
NAV/U Post MINING Div    0.03786586
Days Dividend Post Div   393.98
SELLING Dividend    -        
NAV Post SELLING Div    1,897.07966780
NAV/U Post Selling Div    0.03786586
PURCHASE selling price    0.03975915
PURCHASE buy-back price    0.03710854

[jonsi]

Hi. I'm sorry if this question has already been answered, but how do i swap a dms.purchase for one dms.mining and one dms.selling?

[jonsi]

Nvm, i found it.

[Deprived]

Report late - as I was out again today (dividends went through on time as I'd scheduled them).  There was 1 transfer not done at time of dividend payment - have manually sent that person their missed dividend.  I should be back to usual schedule tomorrow.

Sold   487
Swapped   0
Total   487
Price   0.039759
Total   19.362633
Less Fee   19.32390773
Man Fee   0.579717232

BTC Balance (BTC-TC)    1,344.67837872
11417 LTC-ATF.B1    114.17000000
Coinlenders CD 29/7    202.55914917
Coinlenders CD 13/8    100.29349900
Just-Dice Balance    146.43392686
TOTAL ASSETS    1,908.13495375
   
Outstanding MINING   48950
Outstanding SELLING   48950
Outstanding PURCHASE   1637
Effective Units   50587
   
Block reward   25
Difficulty   26,162,876
Hashes per MINING   5000000
   
Daily Dividend    0.00009611
50 days (Min Liquid)    0.00480554
100 days (Forced Close)    0.00961107
365 days (Buyback)    0.03508041
405 days (IPO)    0.03892484
400 days (Post SELLING div)    0.03844428
410 days (Pre SELLING div)    0.03940539
   
NAV Post MINING Div    1,903.27300127
NAV/U Post MINING Div    0.03762376
Days Dividend Post Div   391.46
SELLING Dividend    -         
NAV Post SELLING Div    1,903.27300127
NAV/U Post Selling Div    0.03762376
PURCHASE selling price    0.03950494
PURCHASE buy-back price    0.03687128

[eltopo]

WTF is going on with SELLING? Trades at 0.022 and below while MINING is at 0.015-0.016? 

Meanwhile difficulty tends to jump another 20%+ in a few days... any valid arguments concerning those prices?

[Deprived]

WTF is going on with SELLING? Trades at 0.022 and below while MINING is at 0.015-0.016? 

Meanwhile difficulty tends to jump another 20%+ in a few days... any valid arguments concerning those prices?

Likely someone who wanted BTC in a rush for something and didn't have time to wait for an Ask to fill - it happens sometimes.

[shadallion]

I made about 4 BTC on SELLING last week and immediately the share dropped and has CONTINUED to drop.  I'm actually in the red by about 2 BTC on this investment. 

I guess I just don't understand how it works.

[themagicdrake]

I made about 4 BTC on SELLING last week and immediately the share dropped and has CONTINUED to drop.  I'm actually in the red by about 2 BTC on this investment. 

I guess I just don't understand how it works.

You and me both....I think many people don't.

[odolvlobo]

I made about 4 BTC on SELLING last week and immediately the share dropped and has CONTINUED to drop.  I'm actually in the red by about 2 BTC on this investment. 

There are very few investments that can guarantee that you won't lose money, and the ones that do pay 0.05% interest. This is not one of those investments.