[Havelock] Bitcoin Difficulty Derivative (BDD)

[twentyseventy]

Round 2, Period 11 End Report - November 11, 2015

Previous Units              1828
EXCH Sold                   320
Less Buybacks              0
New Total Units        2148

Previous Balance          101.5560888
Gross Sales of EXCH      16.34021070

Less Fees                    0.06536084
Less Dividends              20.58108491
Less Buybacks              0
Less Mgmt Fee              0.54576518
Net Balance            96.70408854

End of Period NAV/U     0.04502052

New Difficulty                  65,848,255,180
New Daily Dividend         0.00076373
New Reserve per Unit        0.13747140

NAV/U less New Reserve = 0.04502052 - 0.13747140= -0.09245088


SELL Dividend                 0 (Because there are less than 180 days of dividends on hand)

Days of Dividends On Hand   58.9

[twentyseventy]

Round 2, Period 12, Day 0 Report - November 11, 2015

Balance Post Divs: BTC 95.14658617

Total Units: 2148

NAV/U: BTC 0.04429543

[twentyseventy]

Round 2, Period 12, Day 1 Report - November 12, 2015

Balance Post Divs: BTC 93.63667328

Total Units: 2151

NAV/U: BTC 0.04353169

[twentyseventy]

Round 2, Period 12, Day 2 Report - November 13, 2015

Balance Post Divs: BTC 92.59256836

Total Units: 2165

NAV/U: BTC 0.04276792

[twentyseventy]

Round 2, Period 12, Day 3 Report - November 14, 2015

Balance Post Divs: BTC 91.10708914

Total Units: 2169

NAV/U: BTC 0.04200419

[twentyseventy]

Round 2, Period 12, Day 4 Report - November 15, 2015

Balance Post Divs: BTC 90.23403174

Total Units: 2188

NAV/U: BTC 0.04124041

[twentyseventy]

Round 2, Period 12, Day 5 Report - November 16, 2015

Balance Post Divs: BTC 88.56299050

Total Units: 2188

NAV/U: BTC 0.04047668

[twentyseventy]

Round 2, Period 12, Day 6 Report - November 17, 2015

Balance Post Divs: BTC 90.86275852

Total Units: 2288

NAV/U: BTC 0.03971274

[twentyseventy]

Round 2, Period 12, Day 7 Report - November 18, 2015

Balance Post Divs: BTC 89.31006550

Total Units: 2293

NAV/U: BTC 0.03894900

[twentyseventy]

Round 2, Period 12, Day 8 Report - November 19, 2015

Balance Post Divs: BTC 87.59701320

Total Units: 2294

NAV/U: BTC 0.03818527

[twentyseventy]

Round 2, Period 12, Day 9 Report - November 20, 2015

Balance Post Divs: BTC 86.03210137

Total Units: 2299

NAV/U: BTC 0.03742153

[twentyseventy]

Round 2, Period 12, Day 10 Report - November 21, 2015

Balance Post Divs: BTC 84.42289934

Total Units: 2303

NAV/U: BTC 0.03665779

[twentyseventy]

Round 2, Period 12, Day 11 Report - November 22, 2015

Balance Post Divs: BTC 83.56127067

Total Units: 2328

NAV/U: BTC 0.03589401

[twentyseventy]

Round 2, Period 12, Day 12 Report - November 23, 2015

Balance Post Divs: BTC 81.78330723

Total Units: 2328

NAV/U: BTC 0.03513028


Round 2, Period 12 End Report - November 24, 2015

Previous Units              2148
EXCH Sold                   217
Less Buybacks              0
New Total Units        2365

Previous Balance          96.70408854
Gross Sales of EXCH      8.84435986

Less Fees                    0.03537744
Less Dividends              22.25661966
Less Buybacks              0
Less Mgmt Fee              0.28163899
Net Balance            82.97481231

End of Period NAV/U     0.03508448

New Difficulty                  72,722,780,643
New Daily Dividend         0.00069153
New Reserve per Unit        0.12447540

NAV/U less New Reserve = 0.03508448 - 0.12447540 = -0.08939092


SELL Dividend                 0 (Because there are less than 180 days of dividends on hand)

Days of Dividends On Hand   50.7

[twentyseventy]

Round 2, Period 13, Day 0 Report - November 24, 2015

Balance Post Divs: BTC 81.44750316

Total Units: 2365

NAV/U: BTC 0.03443869

[ThePhwner]

"I'm currently debating whether or not to continue BDD after this Round - the time commitment is low on my end, but I do need to be around often for it and I don't like to keep people waiting on reports and EXCH. There's obviously low volume on the exchange, but I'm open to comments if people would like me to keep it going"



I'd go in for another round, keep it going!

I'm in if you do another. This and the one before it have been good to me.

[twentyseventy]

Round 2, Period 13, Day 1 Report - November 25, 2015

Balance Post Divs: BTC 81.53292910

Total Units: 2416

NAV/U: BTC 0.03374707

Hey everyone, have been out for Thanksgiving. Back now and will post the updates-

[twentyseventy]

Round 2, Period 13, Day 2 Report - November 26, 2015

Balance Post Divs: BTC 81.38256117

Total Units: 2462

NAV/U: BTC 0.03305546

[twentyseventy]

Round 2, Period 13, Day 3 Report - November 27, 2015

Balance Post Divs: BTC 79.74473424

Total Units: 2464

NAV/U: BTC 0.03236393

[twentyseventy]

Round 2, Period 13, Day 4 Report - November 28, 2015

Balance Post Divs: BTC 78.07247284

Total Units: 2465

NAV/U: BTC 0.03167240