[BTC-TC] Deprived Mining Speculation (DMS)

[eltopo]

0.00006725 (-16.4%)

[1715386533]

1715386533

[1715386533]

1715386533

[1715386533]

1715386533

[Hfleer]

0.00006725 (-16.4%)

How high of a range would you guess the next difficulty to hit?

[eltopo]

I don't see any reason why it would be much lower than another ~20%

[twentyseventy]

Last increases have been 19%, 20%, 10%, if I recall correctly...

[Deprived]

Sold   548
Swapped   0
Total   548
Price   0.03394
Total   18.59912
Less Fee   18.56192176
Man Fee   0.556857653

BTC Balance (BTC-TC)    925.03698651
11285 LTC-ATF.B1    112.85000000
Coinlenders CD 28/8    200.71894672
Coinlenders CD 13/8    101.32343777
Just-Dice Balance    154.25852836
TOTAL ASSETS    1,494.18789936
   
Outstanding MINING   43475
Outstanding SELLING   43475
Outstanding PURCHASE   2735
Effective Units   46210
   
Block reward   25
Difficulty   31,256,961
Hashes per MINING   5000000
   
Daily Dividend    0.00008045
50 days (Min Liquid)    0.00402236
100 days (Forced Close)    0.00804471
365 days (Buyback)    0.02936320
405 days (IPO)    0.03258108
400 days (Post SELLING div)    0.03217885
410 days (Pre SELLING div)    0.03298332
   
NAV Post MINING Div    1,490.47043781
NAV/U Post MINING Div    0.03225428
Days Dividend Post Div   400.94
SELLING Dividend    -         
NAV Post SELLING Div    1,490.47043781
NAV/U Post Selling Div    0.03225428
PURCHASE selling price    0.03387
PURCHASE buy-back price    0.03161
   
J-D House profit at report   2805

[joele]

0.00006725 (-16.4%)

How high of a range would you guess the next difficulty to hit?

Next difficulty if same % is 44,732,966 with MINING dividend 0.00005621

[Deprived]

Sold   822
Swapped   0
Total   822
Price   0.03387
Total   27.84114
Less Fee   27.78545772
Man Fee   0.833563732

BTC Balance (BTC-TC)    960.34604591
10164 LTC-ATF.B1    101.64000000
Coinlenders CD 28/8    200.84709370
Coinlenders CD 13/8    101.38664689
Just-Dice Balance    154.08127085
TOTAL ASSETS    1,518.30105735
   
Outstanding MINING   44797
Outstanding SELLING   44797
Outstanding PURCHASE   2235
Effective Units   47032
   
Block reward   25
Difficulty   37,392,766
Hashes per MINING   5000000
   
Daily Dividend    0.00006725
50 days (Min Liquid)    0.00336232
100 days (Forced Close)    0.00672465
365 days (Buyback)    0.02454497
405 days (IPO)    0.02723483
400 days (Post SELLING div)    0.02689860
410 days (Pre SELLING div)    0.02757106
   
NAV Post MINING Div    1,515.13832003
NAV/U Post MINING Div    0.03221505
Days Dividend Post Div   479.06
SELLING Dividend    0.00531645
NAV Post SELLING Div    1,265.09492669
NAV/U Post Selling Div    0.02689860
PURCHASE selling price    0.02824
PURCHASE buy-back price    0.02636
   
J-D House profit at report   2756

[odolvlobo]

Someone had their finger on the sell button.

[twentyseventy]

Someone had their finger on the sell button.

I did, but someone still beat me to 90% of it.

[BTCThousandaire]

Someone had their finger on the sell button.

I did, but someone still beat me to 90% of it.

Did you still get the dividends on the shares you sold?

[eltopo]

I'm not him, but I'm sure he got the divs 

Wait for the divs to come in, then sell to people who don't understand what happen when a SELLING div is paid. That's the well hidden secret 

[odolvlobo]

I'm not him, but I'm sure he got the divs  

Wait for the divs to come in, then sell to people who don't understand what happen when a SELLING div is paid. That's the well hidden secret  

Awwww, and now you went and told everyone!

It looks like high-frequency trading is coming to BTC-TC.

[twentyseventy]

I'm not him, but I'm sure he got the divs 

Wait for the divs to come in, then sell to people who don't understand what happen when a SELLING div is paid. That's the well hidden secret 

Awwww, and now you went and told everyone!

Giving away all my secrets, odolvlobo! 

It seems that no one can be bothered to read more than two pages back into this thread, so I'm sure it will be long forgotten in a couple of days!

[Deprived]

Quite a few different people buying decent chunks of PURCHASE today - so NAV/U actually rose (very) slightly.

Sold   11033
Swapped   0
Total   11033
Price   0.02824
Total   311.57192
Less Fee   310.9487762
Man Fee   9.328463285

BTC Balance (BTC-TC)    1,008.76064367
10164 LTC-ATF.B1    101.64000000
Coinlenders CD 28/8    200.97761399
Coinlenders CD 13/8    101.45102666
Just-Dice Balance    154.63079193
TOTAL ASSETS    1,567.46007625
   
Outstanding MINING   54485
Outstanding SELLING   54485
Outstanding PURCHASE   3580
Effective Units   58065
   
Block reward   25
Difficulty   37,392,766
Hashes per MINING   5000000
   
Daily Dividend    0.00006725
50 days (Min Liquid)    0.00336232
100 days (Forced Close)    0.00672465
365 days (Buyback)    0.02454497
405 days (IPO)    0.02723483
400 days (Post SELLING div)    0.02689860
410 days (Pre SELLING div)    0.02757106
   
NAV Post MINING Div    1,563.55540832
NAV/U Post MINING Div    0.02692767
Days Dividend Post Div   400.43
SELLING Dividend    -         
NAV Post SELLING Div    1,563.55540832
NAV/U Post Selling Div    0.02692767
PURCHASE selling price    0.02827
PURCHASE buy-back price    0.02639
   
J-D House profit at report   2896

[TheSwede75]

I spent the morning reading up on DMS.MINING and have a distinct feeling that this asset is quite heavily undervalued. Anyone care to argue for/against the current (around 0.007) valuation?

[blackswan]

I spent the morning reading up on DMS.MINING and have a distinct feeling that this asset is quite heavily undervalued. Anyone care to argue for/against the current (around 0.007) valuation?

Ssshhhh 

[odolvlobo]

I spent the morning reading up on DMS.MINING and have a distinct feeling that this asset is quite heavily undervalued. Anyone care to argue for/against the current (around 0.007) valuation?

The value of DMS.MINING is based solely on the future of the difficulty value.

A value of 0.007 implies a rise in difficulty of about 15% every difficulty period for the next few months. Do you think that is too high? What do you think the increase will be? A value of 0.01 implies an increase of about 10% every period.

As someone who is manufacturing ASIC miners, you would know better than others what the future difficulty value might be. What do you think the value of DMS.MINING should be? How do you arrive at that value?

[TheSwede75]

I spent the morning reading up on DMS.MINING and have a distinct feeling that this asset is quite heavily undervalued. Anyone care to argue for/against the current (around 0.007) valuation?

The value of DMS.MINING is based solely on the future of the difficulty value.

A value of 0.007 implies a rise in difficulty of about 15% every difficulty period for the next few months. Do you think that is too high? What do you think the increase will be? A value of 0.01 implies an increase of about 10% every period.

As someone who is manufacturing ASIC miners, you would know better than others what the future difficulty value might be. What do you think the value of DMS.MINING should be? How do you arrive at that value?

Actually more of a gut-feeling then anything else. It just seems that with the current dividend payment schedule and the so far continously over-estimated ASIC delivery power for at least the next month or two (Avalon shipping late, BFL not shipping fast enough etc) I just don't see a perpetual 20% increase in short or long term. I think people tend to underestimate the downward force that diff increases apply to hash-power rollouts over time.

[twentyseventy]

We've been seeing close to 20% increases for the past two months (besides the one 10% increase). With AM, Avalon, and the newcomers (ActM, Labcoin, BTCGarden), don't you think that there's significant chance of continual increase?

PS. Even if diff increases were only 10% per period, MINING would only pay out about .009 from now until 12/9/14

Disclosure: I've closed all my positions (for now)

[Lytse]

To get a 10% return in a year with current diff rises, only pay 0.006 BTC