Deprived (OP)
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October 15, 2013, 04:10:20 PM |
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Sorry - paying 10 minutes late today.
BTC Balance (BTC-TC) 144.4543331 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 260.56000000 Coinlenders CD 27/9 203.64459670 Just-Dice Balance 153.86136722 TOTAL ASSETS 853.23029702 Outstanding MINING 152575 Outstanding SELLING 152575 Outstanding PURCHASE 10479 Effective Units 163054 Block reward 25 Difficulty 189,281,249 Hashes per MINING 5000000 Daily Dividend 0.00001328 50 days (Min Liquid) 0.00066423 100 days (Forced Close) 0.00132846 365 days (Buyback) 0.00484889 405 days (IPO) 0.00538028 400 days (Post SELLING div) 0.00531385 410 days (Pre SELLING div) 0.00544670 NAV Post MINING Div 851.06418391 NAV/U Post MINING Div 0.00521952 Days Dividend Post Div 392.90 SELLING Dividend - NAV Post SELLING Div 851.06418391 NAV/U Post Selling Div 0.00521952
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NineLives
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October 15, 2013, 10:03:12 PM |
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Hi guys,
Sorry to be a pain but would someone be so kind and give me a brief update on what we are doing? Moving to another security site? If so which and how do I inform someone of my shares?
Thanks allot.
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BitThink
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Activity: 882
Merit: 1000
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October 16, 2013, 12:59:37 AM |
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Hi guys,
Sorry to be a pain but would someone be so kind and give me a brief update on what we are doing? Moving to another security site? If so which and how do I inform someone of my shares?
Thanks allot.
As long as you've filled the public BTC address on btct, you don't need to do anything except sending back the BTC on btct before its closing. Moreover, there's an update in just the previous page. If you click it instead of entering so much characters, you would see Deprived said most likely DMS will be relisted in a new exchange.
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Deprived (OP)
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October 16, 2013, 03:27:31 PM |
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Paying today's dividend slightly early (which has no impact as there's no trading occurring).
Will then work out what tomorrow's dividends will be and have to move some BTC back onto BTC-TC to cover it.
Asset list will change from tomorrow - the items listed as LTC-ATF.B1, Coinlenders and Just-Dice will be consolidated into "BTC Balance (Wallet)" - which is where those coins have been for a while (address was given earlier). I left it as it was for a while so people could verify that the wallet balance matched the old entries - but as I'm now going to have to move some of that to BTC-TC for dividends (at least I'm pretty sure I will - won't know for certain until I plug the numers in) the balance will no longer be the total of those three entries.
BTC Balance (BTC-TC) 142.288976 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 260.56000000 Coinlenders CD 27/9 203.64459670 Just-Dice Balance 153.86136722 TOTAL ASSETS 851.06493990 Outstanding MINING 152575 Outstanding SELLING 152575 Outstanding PURCHASE 10479 Effective Units 163054 Block reward 25 Difficulty 189,281,249 Hashes per MINING 5000000 Daily Dividend 0.00001328 50 days (Min Liquid) 0.00066423 100 days (Forced Close) 0.00132846 365 days (Buyback) 0.00484889 405 days (IPO) 0.00538028 400 days (Post SELLING div) 0.00531385 410 days (Pre SELLING div) 0.00544670 NAV Post MINING Div 848.89882679 NAV/U Post MINING Div 0.00520624 Days Dividend Post Div 391.90 SELLING Dividend - NAV Post SELLING Div 848.89882679 NAV/U Post Selling Div 0.00520624
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Deprived (OP)
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October 16, 2013, 03:38:14 PM |
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NOT ACTUAL REPORT - PROJECTION OF TOMORROW'S
BTC Balance (BTC-TC) 140.1236189 9071 LTC-ATF.B1 90.71000000 CIPHERMINE Bonds 260.56000000 Coinlenders CD 27/9 203.64459670 Just-Dice Balance 153.86136722 TOTAL ASSETS 848.89958278 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 847.36817919 NAV/U Post MINING Div 0.00519686 Days Dividend Post Div 553.33 SELLING Dividend 0.00144006 NAV Post SELLING Div 612.56143452 NAV/U Post Selling Div 0.00375680
That's what tomorrow's report would look like before I moved funds around. I'll need to move just under 100 BTC on to cover tomorrow's dividends + some more to cover MINING dividends up until next difficulty change. So I'll transfer 120 BTC from the wallet to BTC-TC (and post the transaction ID here).
NAV etc tomorrow will be almost exactly the same as above - only difference being the loss of a transaction fee for the transfer (I'm not going to bother trying to avoid the default .0001 transaction fee.)
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Deprived (OP)
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October 16, 2013, 03:42:25 PM |
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8fb01b421a5af31022c3320d96e5c05ba126f4e6fcd51a148038441603482c34: Seen by 4 peers. Pending/unconfirmed. from 1CzJY7pVkCqDjUtycHzFgeTTbbWokqYuXo / 040ff50735e1c8946f5d038b45b277c69fd68f63989897dd909b34dba718b433:1 to 16ywYMGVQMepEgUCnQMjM6N4hEGYgXE88Z 120 BTC to 1CzJY7pVkCqDjUtycHzFgeTTbbWokqYuXo 33.86126722 BTC
There's the transfer done. The wallet balance can, as before, still be verified at any time - all assets of DMS are still entirely visible to the public for verification (or will be, once the transfer confirms at the BTC-TC wallet).
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BitThink
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Activity: 882
Merit: 1000
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October 17, 2013, 03:49:09 AM |
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Thanks a lot for your update, Deprived.
The hash rate increase is crazy. The selling dividend this time is even larger than the last one.
There's one thing. The selling dividend paid next time may be very close to the BTCT closing. How about someone forget to transfer the dividend out? Will BTCT force sending remaining BTC to the withdraw address?
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Rannasha
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October 17, 2013, 06:54:40 AM |
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Thanks a lot for your update, Deprived.
The hash rate increase is crazy. The selling dividend this time is even larger than the last one.
There's one thing. The selling dividend paid next time may be very close to the BTCT closing. How about someone forget to transfer the dividend out? Will BTCT force sending remaining BTC to the withdraw address?
I assume that BTCT will push all remaining balances to the public BTC address associated with the accounts. And since that's the address that Deprived has on file for shareholders, it doesn't make a big difference if he pays dividends on BTCT just before the shutdown or if he does it to the BTC addresses (other than that a BTCT dividend is orders of magnitude less work).
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Ashitank
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October 17, 2013, 07:42:12 AM |
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I assume that BTCT will push all remaining balances to the public BTC address associated with the accounts. And since that's the address that Deprived has on file for shareholders, it doesn't make a big difference if he pays dividends on BTCT just before the shutdown or if he does it to the BTC addresses (other than that a BTCT dividend is orders of magnitude less work).
You forgot transfer fees for sending dividends.
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Deprived (OP)
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October 17, 2013, 02:30:57 PM |
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Have scheduled all today's dividends now. Here's the report :
BTC Balance (BTC-TC) 260.1236189 CIPHERMINE Bonds 260.56000000 BTC Balance (Wallet) 328.21586392 TOTAL ASSETS 848.89948278 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 847.36807919 NAV/U Post MINING Div 0.00519686 Days Dividend Post Div 553.33 SELLING Dividend 0.00144005 NAV Post SELLING Div 612.56143452 NAV/U Post Selling Div 0.00375680
The transaction fee on moving BTC from wallet to BTC-TC managed to knock 1 satoshi off the SELLING dividend (it actually is less than that - but gets rounded to a 1 satoshi reduction).
I'm about to go out but should be back shortly before the dividends get paid - so if anyone notices any mistake in the math it's not too late to correct it (very much doubt there's any error though).
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stripykitteh
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October 18, 2013, 01:38:17 AM |
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Given that the DMS assets haven't been traded since early in the last difficulty, and we have just seen a SELLING dividend paid, it is interesting to speculate where the market would price them at the moment.
As I'm waiting to see a relisting of DMS before I consider other investments, I'm sitting on more BTC than I'm used to seeing in my wallet at the moment.
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odolvlobo
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October 18, 2013, 02:03:03 AM |
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Given that the DMS assets haven't been traded since early in the last difficulty, and we have just seen a SELLING dividend paid, it is interesting to speculate where the market would price them at the moment.
cex.io trades at 0.14 per GH/s, which would be equivalent of a MINING price of 0.0007 BTC. That would make SELLING worth 0.00305680 BTC. Personally, I think that a price of 0.14 BTC per GH/s is too high, especially after the latest 40% difficulty rise. My high end of the range is only 0.13.
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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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stripykitteh
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October 18, 2013, 03:29:22 AM |
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Given that the DMS assets haven't been traded since early in the last difficulty, and we have just seen a SELLING dividend paid, it is interesting to speculate where the market would price them at the moment.
cex.io trades at 0.14 per GH/s, which would be equivalent of a MINING price of 0.0007 BTC. That would make SELLING worth 0.00305680 BTC. Personally, I think that a price of 0.14 BTC per GH/s is too high, especially after the latest 40% difficulty rise. My high end of the range is only 0.13. Does cex.io allow shorting?
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BitThink
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October 18, 2013, 10:43:27 AM |
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Given that the DMS assets haven't been traded since early in the last difficulty, and we have just seen a SELLING dividend paid, it is interesting to speculate where the market would price them at the moment.
cex.io trades at 0.14 per GH/s, which would be equivalent of a MINING price of 0.0007 BTC. That would make SELLING worth 0.00305680 BTC. Personally, I think that a price of 0.14 BTC per GH/s is too high, especially after the latest 40% difficulty rise. My high end of the range is only 0.13. Does the hash rate in cex.io exclude the electricity and downtime as DMS.MINING does? My impression is that they are providing cloud mining, not a virtual mining, but I could be wrong. Moreover, cex.io does not have 365 days dividend privilege at closing. Therefore, I guess DMS.MINING should be priced a little bit more than cex.io price.
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Rannasha
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October 18, 2013, 01:54:28 PM |
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Given that the DMS assets haven't been traded since early in the last difficulty, and we have just seen a SELLING dividend paid, it is interesting to speculate where the market would price them at the moment.
cex.io trades at 0.14 per GH/s, which would be equivalent of a MINING price of 0.0007 BTC. That would make SELLING worth 0.00305680 BTC. Personally, I think that a price of 0.14 BTC per GH/s is too high, especially after the latest 40% difficulty rise. My high end of the range is only 0.13. Does cex.io allow shorting? Nope, CEX.io "GHS" units are just another PMB, like TAT.VIRTUALMINE, BFMINES, etc... The only party able to short them is the issuer. I don't see why they're suddenly the subject of so much interest as the concept of trading mining contracts isn't new in any way. Perhaps it's psychological and the fact that you're trading in GHash/s units that pay out everytime the BitFury pool finds a block makes these things "feel" more "real" than other PMBs that simply pay out daily or weekly according to a fixed payout-formula. An advantage of CEX.io is that you're only dealing with a single counterparty, since the asset issuer also operates the exchange, unlike other PMBs that trade on third-party exchanges (and we've seen recently that continued regular operation of these exchanges is not set in stone). On the other hand, there is very little information about who actually operates CEX.io, so while you're only exposed to a single counterparty, it is a counterparty of unknown reliability.
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Deprived (OP)
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October 18, 2013, 03:57:42 PM |
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BTC Balance (BTC-TC) 23.7866291 CIPHERMINE Bonds 260.56000000 BTC Balance (Wallet) 328.21586392 TOTAL ASSETS 612.56249302 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 611.03108943 NAV/U Post MINING Div 0.00374742 Days Dividend Post Div 399.00 SELLING Dividend - NAV Post SELLING Div 611.03108943 NAV/U Post Selling Div 0.00374742
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Deprived (OP)
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October 19, 2013, 03:59:47 PM |
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BTC Balance (BTC-TC) 22.25555204 CIPHERMINE Bonds 260.56000000 BTC Balance (Wallet) 328.21586392 TOTAL ASSETS 611.03141596 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 609.50001237 NAV/U Post MINING Div 0.00373803 Days Dividend Post Div 398.00 SELLING Dividend - NAV Post SELLING Div 609.50001237 NAV/U Post Selling Div 0.00373803
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welyoe
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October 20, 2013, 02:43:41 AM |
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sorry for asking . maybe I miss the news.
I still have 100 shares. what is my shares condition? Will it be moved to bitfunder.com or ......?
thank you
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Deprived (OP)
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October 20, 2013, 03:34:41 PM |
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sorry for asking . maybe I miss the news.
I still have 100 shares. what is my shares condition? Will it be moved to bitfunder.com or ......?
thank you
Still not finalised where we move to - but it definitely won't be Bitfunder (our US investors won't be able to use, I don't want to force everyone else to verify ID - and I don't think Bitfunder is even taking new securities right now anyway). BTC Balance (BTC-TC) 20.72447498 CIPHERMINE Bonds 260.56000000 BTC Balance (Wallet) 328.21586392 TOTAL ASSETS 609.50033890 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 607.96893531 NAV/U Post MINING Div 0.00372864 Days Dividend Post Div 397.00 SELLING Dividend - NAV Post SELLING Div 607.96893531 NAV/U Post Selling Div 0.00372864
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Deprived (OP)
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October 21, 2013, 03:45:34 PM |
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BTC Balance (BTC-TC) 19.19339792 CIPHERMINE Bonds 260.56000000 BTC Balance (Wallet) 328.21586392 TOTAL ASSETS 607.96926184 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 606.43785825 NAV/U Post MINING Div 0.00371925 Days Dividend Post Div 396.00 SELLING Dividend - NAV Post SELLING Div 606.43785825 NAV/U Post Selling Div 0.00371925
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