[BTC-TC] Deprived Mining Speculation (DMS)

[ft73]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield / day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

[Hfleer]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

[BitThink]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

According to http://bitcoin.sipa.be/, the difficulty is already close to 700T. So even the next difficulty increase is not as big as last one, it will be close. I think I may stick to SELLING and enjoy those cheap shares due to higher MINING price.

[ft73]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

At least it will still be 1,2% daily yield next time, judging by trend.
Problem is not dividend, but share price. We'll see.

[BitThink]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

Yes, you are right. That's why I said "this round". During one round, usually 12 days, the dividend keeps the same.

[Hfleer]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

Yes, you are right. That's why I said "this round". During one round, usually 12 days, the dividend keeps the same.

Ok, i missed that.  I'm not sure how many will buy it just for a 'round' though.

[Hfleer]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

At least it will still be 1,2% daily yield next time, judging by trend.
Problem is not dividend, but share price. We'll see.

Yea, with these often you will see your dividend for a while, but it might not make up for how much you lose with large declines in share price.  Mining is much better valued going by the dividend that it has been in the past, with falling in price a lot up until a week ago.

[BitThink]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

At least it will still be 1,2% daily yield nex time, judging by trend.
Problem is not dividend, but share price. We'll see.

Yes, I agree with you. The key is the share price. Apparently, now the share price is not closely related to the value, but mainly based on how many people are interested in mining. People will buy mining boxes even they will never break even. Similarly, they may buy MINING due to its low price. Demands push up the price, so at last even if the price is above its value, the buyer can still make profit as long as there are enough new comers. So it's risky and profitable.

[Rannasha]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.

I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.

[BitThink]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

The dividend will go down as difficulty rises.

Yes, you are right. That's why I said "this round". During one round, usually 12 days, the dividend keeps the same.

Ok, i missed that.  I'm not sure how many will buy it just for a 'round' though.

Yes, I believe keeping SELLING will be profitable in long run. I am just noticing sometimes holding MINING for a short period can be very profitable. I think you will agree get 30% in just 1 week cannot be a bad deal.

[BitThink]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.

I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.

Exactly, you post is much better than what I want to say.

Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.

[ft73]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.

I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.

Exactly, you post is much better than what I want to say.

Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.

As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.

Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.

[Hfleer]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.

I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.

Exactly, you post is much better than what I want to say.

Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.

As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.

Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.

Either is an investment really.  If Mining was originally being bought for 15-20 days of dividends that would be the profitable security right now and Selling would've lost money.

[Rannasha]

The current price trend of DMS MINING is really difficult for me to understand. The price almost increases every day, when its value apparently decreases every day. This surprisingly made the buying MINING in the beginning of this round very profitable. The price increases by 20% plus around 1.6% dividend paid every day.

Apparently, people believe that its price is low because the difficulty isn't going up as much as it did last time.

I think DMS.Mining underperformed for weeks, its share value dropped way more than difficulty increases.
Finally it reached some kind of bottom and it's rebounding.

We'll see.

It either underperformed (in terms of share price development) or it was greatly overvalued and the low drop it saw was a correction. While DMS.MINING is still a better deal than other PMBs if you purely look at MH/BTC, but I'm convinced that the price still exceeds its true value.

I've done the most of my gain on  DMS.Mining, till now. More than on DMS.Selling.
Main reason being the high dividend yield (1% in average, but  recently i've bought some at about 2% yield day).
I don't think i would consider it  'undervalued' or 'overvalued': it's risky, highly speculative and rewarding if you can handle it.

You made your profits by speculating (buying and selling at the right time) rather than investing. But in that way, you can make money with pretty much any asset, including borderline scams. Terms like 'undervalued' and 'overvalued' apply to the more long term where you invest in an asset. If you would have bought into MINING not long after the start and just held it, you would've lost most of your money by now.

I've more than doubled the amount of coins I originally put into DMS, primarily through just holding SELLING. I gained a bit by arbitrage and flipping, but that's a smaller part of my profits compared to simply holding SELLING.

Exactly, you post is much better than what I want to say.

Holding SELLING is investing. Buy and sell MINING at the right time is speculating. Could be profitable but highly risky.

As the outcome is the same, i fail to see differeneces other than in strategy.
Personally i owned (own) both SELLING and MINING.

Telling SELLING is "investing" sounds wrong to me, it really depends on market.
What was 'right' yesterday will not be necessarily true tomorrow (or today).
SELLING is just the opposite face of MINING.

Either is an investment really.  If Mining was originally being bought for 15-20 days of dividends that would be the profitable security right now and Selling would've lost money.

It may just be a matter of definition, but I think an investment is something more long term than the length of a difficulty-cycle. MINING can definitely make you money if you correctly anticipate its short-term price movements and buy/sell based on that, but until very recently, it has been a losing proposition to hold them for a longer period. And right now it may still be, but it has become less clear.

[Deprived]

Sold   400
Swapped   0
Total   400
Price   0.02066
Total   8.264
Less Fee   8.247472
Man Fee   0.24742416

BTC Balance (BTC-TC)    1,903.24357896
10079 LTC-ATF.B1    100.79000000
Coinlenders CD 28/8   202.9453678
Coinlenders CD 12/9    100.48400322
Just-Dice Balance    243.50000000
TOTAL ASSETS    2,550.96294999
   
Outstanding MINING   116440
Outstanding SELLING   116440
Outstanding PURCHASE   13170
Effective Units   129610
   
Block reward   25
Difficulty   50810339
Hashes per MINING   5000000
   
Daily Dividend    0.00004949
50 days (Min Liquid)    0.00247443
100 days (Forced Close)    0.00494886
365 days (Buyback)    0.01806334
405 days (IPO)    0.02004288
400 days (Post SELLING div)    0.01979544
410 days (Pre SELLING div)    0.02029033
   
NAV Post MINING Div    2,544.54873244
NAV/U Post MINING Div    0.01963235
Days Dividend Post Div   396.70
SELLING Dividend    -         
NAV Post SELLING Div    2,544.54873244
NAV/U Post Selling Div    0.01963235
PURCHASE selling price    0.02061
PURCHASE buy-back price    0.01924
   
J-D House profit at report   5372

[Rannasha]

Transfer bot broke down?

[Lohoris]

Yes, I believe keeping SELLING will be profitable in long run.

This makes me skeptic about why you believe that.

SELLING price "in the longest run" is PURCHASE-"MINING total divs", if you instead treat it like a regular asset you're on your way to giving free money to other people, instead.

SELLING according to my calculations has been very profitable up until a few days ago, when it reached the right price, at which the obvious rational choice was to sell it.

Of course my calculations might be wrong, but at least they aren't a worthless and dangerous "gut feeling".

[Franktank]

Yes, I believe keeping SELLING will be profitable in long run.

This makes me skeptic about why you believe that.

SELLING price "in the longest run" is PURCHASE-"MINING total divs", if you instead treat it like a regular asset you're on your way to giving free money to other people, instead.

SELLING according to my calculations has been very profitable up until a few days ago, when it reached the right price, at which the obvious rational choice was to sell it.

Of course my calculations might be wrong, but at least they aren't a worthless and dangerous "gut feeling".

Then according your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.

[Lohoris]

Then according your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.

No.
Price is paramount, never forget that.
According to my calculations, SELLING will return as dividends its price, so there's no reason not to just sell it and get the cash now.
(I've happily made profits so far, and I really enjoyed playing with this security! gg deprived!)

Here's the link to the spreadsheet, but please notice that it is not as polished as the other one.

[odolvlobo]

Then according to your calculations, difficulty will only increase linearly from here then? As long as the total network hash rate continues to increase like it has, SELLING will remain profitable.

If difficulty increases linearly, the mining dividends will eventually consume all the assets. SELLING is only profitable if difficulty increase s exponentially and at some minimum rate. That rate is about 30% for the current price of MINING.