Deprived (OP)
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September 16, 2013, 08:56:07 PM |
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I didn't notice before today's report but we had our first CIPHERMINE.B1 dividend today:
2013-09-16 07:35:33 38234 ฿ 0.00003850 ฿ 1.47181783
That would account for the fairly small drop in NAV/U today - I didn't notice as the drop was always going to be a bit lower than normal because of high (compared to other recent trade levels) PURCHASE sales. I won't be reporting these generally - though if anyone ever wants I can paste a list of received dividends.
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NineLives
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September 16, 2013, 09:35:08 PM |
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Hi, I'm about to buy shares. Straight question.. Is this working? Sarcasmes are welcome as long as I get my answer ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2013, 09:38:39 PM |
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Hi, I'm about to buy shares. Straight question.. Is this working? Sarcasmes are welcome as long as I get my answer ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Is what working? The transfer bot is working. Dividends are being paid according to the defined plan. People who get the price wrong will be losing money to people who get the price right (though we won't know for sure which are which for a while). If you meant something else then please clarify.
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NineLives
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September 16, 2013, 09:47:45 PM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2013, 09:57:16 PM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
If you don't understand how it works you're honestly probably better off NOT buying it. And that holds true for most securities around. The single piece of advice I'd give to anyone asking me what securities to buy is not to buy any - if you don't already know which to buy from your own research then asking on a forum isn't that likely to end up with you making a profit. As far as DMS is concerned if you buy and hold PURCHASE then it's likely that in the long-term you'll make a tiny profit if you just hold it. Too tiny a profit to justify it in my view. If you buy MINING or SELLING then you MAY make either a profit or a loss. You have to decide which (if either) is the correct one (it's entirely possible for neither to be worthwhile at any point in time but impossible for BOTH to be signficantly profitable). The current prices represent (by definition) the point at which there is an equal amount of money betting on both sides - but some of that money may well be better informed than the other side. Unless you believe your judgment is better than the money-weighted view of the market as a whole then an investment by you is just a gamble. And remember that if you accept investing in this without being better informed than the market as a whole is a gamble, then investing in any other PMB-type investment at a higher price per hash is the same gamble but with worse odds.
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baloo_kiev
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September 16, 2013, 11:33:59 PM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
MINING will generally act like a 5MH/s PMB, so if you just want cheap PMBs, buy it. SELLING requires some reading first.
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odolvlobo
Legendary
Offline
Activity: 4410
Merit: 3305
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September 16, 2013, 11:47:27 PM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
MINING will generally act like a 5MH/s PMB, so if you just want cheap PMBs, buy it. SELLING requires some reading first. LOL. You are implying that buying a PMB requires no knowledge or skill -- and that is completely wrong. Most people investing in mining are losing tons of money because they are not doing the necessary research and are generally ignorant of the economics of mining.
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Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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baloo_kiev
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2013, 11:55:25 PM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
MINING will generally act like a 5MH/s PMB, so if you just want cheap PMBs, buy it. SELLING requires some reading first. LOL. You are implying that buying a PMB requires no knowledge or skill -- and that is completely wrong. Most people investing in mining are losing tons of money because they are not doing the necessary research and are generally ignorant of the economics of mining. No, I didn't mean it required no knowledge. I was just saying that it's easy to understand what is PMB and its dividend calculation is straightforward. There are other PMBs on the market which act the same (a PMB is a PMB). SELLING, on contrast, is a fund with unique rules, which are not so easy to understand. If someone is going to buy PMBs (after he has done his math), he can just buy MINING. No precise knowledge of DMS mechanisms is required in this case.
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2013, 04:07:13 PM |
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Sold 1975 Swapped 0 Total 1975 Price 0.009365 Total 18.495875 Less Fee 18.45888325 Man Fee 0.553766498
BTC Balance (BTC-TC) 1067.805146 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 382.33000000 Coinlenders CD 27/9 202.4812502 Coinlenders Cash 0 Just-Dice Balance 186.68800000 TOTAL ASSETS 1,930.01439571 Outstanding MINING 205876 Outstanding SELLING 205876 Outstanding PURCHASE 10569 Effective Units 216445 Block reward 25 Difficulty 112,628,549 Hashes per MINING 5000000 Daily Dividend 0.00002233 50 days (Min Liquid) 0.00111629 100 days (Forced Close) 0.00223259 365 days (Buyback) 0.00814895 405 days (IPO) 0.00904199 400 days (Post SELLING div) 0.00893036 410 days (Pre SELLING div) 0.00915361 NAV Post MINING Div 1,925.18206846 NAV/U Post MINING Div 0.00889456 Days Dividend Post Div 398.40 SELLING Dividend - NAV Post SELLING Div 1,925.18206846 NAV/U Post Selling Div 0.00889456 PURCHASE selling price 0.009339 PURCHASE buy-back price 0.008717 J-D House profit at report 6097
Bit of a drop in J-D today - though not until after I'd made the withdrawal yesterday. If anyone's interested DMS is in profit by ~27 BTC from investing in J-D.
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2013, 04:41:34 PM |
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Actually it isn't a troll - though it isn't 100% accurate. Will be making a post about it myself in about half an hour.
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NineLives
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 18, 2013, 10:22:24 AM |
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I'm a novice and I suppose I'm asking you guys if its worth buying stock.
But you've answered the question nicely.
I'll keep an eye on the prices and buy a small amount.
MINING will generally act like a 5MH/s PMB, so if you just want cheap PMBs, buy it. SELLING requires some reading first. Yeh, your both right, I don't know enough to slash on anything at the moment. BUT, I do want to do something. How about if I buy BTC and sit on it?
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🏰 TradeFortress 🏰
Bitcoin Veteran
VIP
Legendary
Offline
Activity: 1316
Merit: 1043
👻
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September 18, 2013, 10:26:07 AM |
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Actually it isn't a troll - though it isn't 100% accurate. Will be making a post about it myself in about half an hour. Hmm, interesting.
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Lohoris
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September 18, 2013, 10:59:49 AM |
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Actually it isn't a troll - though it isn't 100% accurate. Will be making a post about it myself in about half an hour. Could you link it here please?
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Lohoris
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September 18, 2013, 11:16:36 AM |
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 18, 2013, 04:09:30 PM |
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Sold 1097 Swapped 0 Total 1097 Price 0.009339 Total 10.244883 Less Fee 10.22439323 Man Fee 0.306731797
BTC Balance (BTC-TC) 1074.936339 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 380.34000000 Coinlenders CD 27/9 202.6037698 Coinlenders Cash 0 Just-Dice Balance 187.72700000 TOTAL ASSETS 1,936.31710849 Outstanding MINING 206461 Outstanding SELLING 206461 Outstanding PURCHASE 11081 Effective Units 217542 Block reward 25 Difficulty 112,628,549 Hashes per MINING 5000000 Daily Dividend 0.00002233 50 days (Min Liquid) 0.00111629 100 days (Forced Close) 0.00223259 365 days (Buyback) 0.00814895 405 days (IPO) 0.00904199 400 days (Post SELLING div) 0.00893036 410 days (Pre SELLING div) 0.00915361 NAV Post MINING Div 1,931.46028974 NAV/U Post MINING Div 0.00887856 Days Dividend Post Div 397.68 SELLING Dividend - NAV Post SELLING Div 1,931.46028974 NAV/U Post Selling Div 0.00887856 PURCHASE selling price 0.009322 PURCHASE buy-back price 0.008701 J-D House profit at report 6396
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baloo_kiev
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2013, 04:03:08 PM |
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What happened to PURHASE offer? Can see no Ask orders at the selling price.
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2013, 04:07:39 PM |
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Sold 1784 Swapped 0 Total 1784 Price 0.009322 Total 16.630448 Less Fee 16.5971871 Man Fee 0.497915613
BTC Balance (BTC-TC) 1086.662242 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 379.88000000 Coinlenders CD 27/9 202.7240036 Coinlenders Cash 0 Just-Dice Balance 185.67300000 TOTAL ASSETS 1,945.64924593 Outstanding MINING 206462 Outstanding SELLING 206462 Outstanding PURCHASE 12864 Effective Units 219326 Block reward 25 Difficulty 112,628,549 Hashes per MINING 5000000 Daily Dividend 0.00002233 50 days (Min Liquid) 0.00111629 100 days (Forced Close) 0.00223259 365 days (Buyback) 0.00814895 405 days (IPO) 0.00904199 400 days (Post SELLING div) 0.00893036 410 days (Pre SELLING div) 0.00915361 NAV Post MINING Div 1,940.75259779 NAV/U Post MINING Div 0.00884871 Days Dividend Post Div 396.34 SELLING Dividend - NAV Post SELLING Div 1,940.75259779 NAV/U Post Selling Div 0.00884871 PURCHASE selling price 0.009291 PURCHASE buy-back price 0.008672 J-D House profit at report 5844
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Deprived (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2013, 04:09:31 PM |
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What happened to PURHASE offer? Can see no Ask orders at the selling price.
Offer is always taken down each day at around the time of dividends/report. Once I've checked the accounting and that the new price is correct a new bid gos up.
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