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Author Topic: [Havelock] Bitcoin Difficulty Derivative (BDD)  (Read 290008 times)
twentyseventy (OP)
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June 10, 2014, 04:34:00 PM
 #381

Period 12, Day 4 Report - June 10, 2014

Balance Post Divs: BTC 365.92010010

Total Units: 8765

NAV/U: BTC 0.04174787
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June 10, 2014, 05:46:54 PM
 #382

2) I really am Deprived and I spent a year cultivating a forum account to have less experience, less reputation, and less BTC to start a fund. Oh, plus, it's a very realistic forum account where the person seems to only know a little at the beginning and then grows to learn and love BTC and securities. Finally, the alt account is an American, so I have to disguise my spelling and not use all those 'ou' Brit words - like colourful

Quoting this so you don't delete/backpedal later on.
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June 10, 2014, 05:47:27 PM
 #383

Hey all, I've had a few people mention it, so I want to reiterate that we are nowhere near the End Game via Increase.

End Game via Increase doesn't trigger until The Reserve (200 Days of Current Dividends) reaches .2mBTC, NOT the daily dividend. This period's Reserve was 0.04277600, far from the .0002 needed to trigger the End Game.

As I've said previously, it will likely be well into 2015 until this happens (if this is how the End Game is triggered).

Looking forward, for the next round, I will probably choose a higher Minimum Reserve to trigger the End Game next time. I think aiming for around a 12 Period Round would be a good target. However, I can't change this now, as it would unfairly cost SELL holders BTC.

For instance, imagine that you hold SELL and you expect the End Game to happen via Increase. You expect to pay out to MINE holders, at the end, .2mBTC. If it were decided now to raise the Minimum Reserve to 1mBTC, or 5mBTC, SELL holders would need to plan to take some of that out of their expected profit.

SELL holders would need to be willing to give up a bit of expected profit to raise the Minimum Reserve; my guess is that they would only do so if they thought that they would make more BTC trading a new Round with higher valued shares.

In addition, the SELL holdings are pretty consolidated, so a few large holders would likely decide the vote, if there were to be a vote on it.

Open to all comments and/or suggestions about it.
Frequency analysis
7 would (2.70%)
6 game (2.32%)
5 holders (1.93%)
5 reserve (1.93%)
5 sell (1.93%)
3 increase (1.16%)
3 round (1.16%)
3 minimum (1.16%)
3 trigger (1.16%)

Word Count (Method A): 273
Word Count (Method B): 270
Word Count (Method C): 272
Syllables (Method A): 338
Syllables (Method B): 369
Syllables (Method C): 378
Syllables (Method D): 371
Polysyllabic Words (Method A): 48
Polysyllabic Words (Method B): 20
Polysyllabic Words Percentage (Method B): 7.35%
Sentences (Method A): 17
Sentences (Method B): 16
Flesch-Kincaid Reading Ease (Method A): 72.27
Flesch-Kincaid Reading Ease (Method B): 74.2
Flesch-Kincaid Grade Level: 7.1
SMOG Index (Method A): 12.73
SMOG Index (Method B): 6.6
Gunning-Fog Score: 9
Coleman-Liau Index: 9
Automated Readability Index (ARI): 6.4
Dale-Chall Readability Score: 4.2
Dale-Chall Difficult Word Count: 57
Spache Readability Score: 5
Spache Difficult Word Count: 48
Length: 1471
Letters: 1116
Average Words per Sentence: 17.00
Average Syllables per Word: 1.36

The plot thickens.
twentyseventy (OP)
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June 10, 2014, 06:08:56 PM
 #384

2) I really am Deprived and I spent a year cultivating a forum account to have less experience, less reputation, and less BTC to start a fund. Oh, plus, it's a very realistic forum account where the person seems to only know a little at the beginning and then grows to learn and love BTC and securities. Finally, the alt account is an American, so I have to disguise my spelling and not use all those 'ou' Brit words - like colourful

Quoting this so you don't delete/backpedal later on.

Backpedal? Unless, unbeknownst to me, my whole life lived in America has been a lie, I'm sure that I'm not going to backpedal on being Deprived (a British guy, among other things).

I'm going to go ahead and put this quote in perspective, since it was quoted out of context. I was a bit apprehensive about phrasing it this way, lest you possibly quote this out of context as you just did.

Be sure to note the 'either' / 'or' emphasized here:

Either:
1) I enjoyed DMS, saw an opportunity with Deprived gone to make a name for myself, start my own listing, and make a few BTC, or:
2) I really am Deprived and I spent a year cultivating a forum account to have less experience, less reputation, and less BTC to start a fund. Oh, plus, it's a very realistic forum account where the person seems to only know a little at the beginning and then grows to learn and love BTC and securities. Finally, the alt account is an American, so I have to disguise my spelling and not use all those 'ou' Brit words - like colourful

I believe Occam's Razor applies here. At this point, I'm not sure if you're overestimating me or Deprived.

To be perfectly and explicitly clear, I am not Deprived and I was merely attempting to bring to light the ridiculousness of Usagi's comments that I could be him.

Enjoy text-analyzing this post as well. One thing that I do believe that Deprived and I had in common were our above-average writing skills.
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June 10, 2014, 06:11:49 PM
Last edit: June 11, 2014, 07:17:01 AM by usagi
 #385

Enjoy text-analyzing this post as well. One thing that I do believe that Deprived and I had in common were our above-average writing skills.

Hey all, I've had a few people mention it, [...]

Flesch-Kincaid Grade Level: 7.1


twentyseventy (OP)
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June 11, 2014, 05:19:37 PM
 #386

Period 12, Day 5 Report - June 11, 2014

Balance Post Divs: BTC 364.08825554

Total Units: 8766

NAV/U: BTC 0.04153413
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June 12, 2014, 02:14:50 PM
 #387

The plot thickens.
How much do you still owe to the Bitfunder and WeExchange users?

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
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June 12, 2014, 04:09:42 PM
 #388

Enjoy text-analyzing this post as well. One thing that I do believe that Deprived and I had in common were our above-average writing skills.

Hey all, I've had a few people mention it, [...]

Flesch-Kincaid Grade Level: 7.1




Usagi, honestly I've still got warm fuzzy feelings for both you and Deprived, but after over a year, hasn't the whole Usagi-Deprived-knock-down-drag-em-out feud run its course?
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June 12, 2014, 04:46:25 PM
 #389

Period 12, Day 6 Report - June 12, 2014

Balance Post Divs: BTC 362.21338346

Total Units: 8766

NAV/U: BTC 0.04132025
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June 13, 2014, 04:09:50 PM
 #390

Period 12, Day 7 Report - June 13, 2014

Balance Post Divs: BTC 360.42413866

Total Units: 8768

NAV/U: BTC 0.04110676
twentyseventy (OP)
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June 14, 2014, 05:22:28 PM
 #391

Have a wedding to attend today and ran out of time to post the report unfortunately; today's report will be issued tomorrow. No big changes in NAV/U.
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June 15, 2014, 05:01:51 PM
 #392

Period 12, Day 8 Report - June 14, 2014

Balance Post Divs: BTC 360.73233460

Total Units: 8819

NAV/U: BTC 0.04090399
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June 15, 2014, 05:02:30 PM
 #393

Period 12, Day 9 Report - June 15, 2014

Balance Post Divs: BTC 358.88894052

Total Units: 8820

NAV/U: BTC 0.04069035
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June 16, 2014, 04:12:19 PM
 #394

Period 12, Day 10 Report - June 16, 2014

Balance Post Divs: BTC 368.73345707

Total Units: 9094

NAV/U: BTC 0.04054689
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June 17, 2014, 04:07:55 PM
 #395

Period 12, Day 11 Report - June 17, 2014

Balance Post Divs: BTC 366.83124599

Total Units: 9095

NAV/U: BTC 0.04033328

Looks like the Difficulty will change tonight, so SELL Dividend will be issued tomorrow!
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June 18, 2014, 03:07:25 PM
 #396

Period 12 End Report - June 18, 2014


Previous Units              8242
EXCH Sold                   853
Less Buybacks              0
New Total Units            9095

Previous Balance          352.55986175
Price per EXCH             0.04405928
Gross Sales of EXCH      37.58256584

Less Fees                    0.15033028
Less Dividends              22.43109276
Less Buybacks              0.00000000
Less Mgmt Fee              0.72975856
Net Balance                  366.83124599

End of Period NAV/U     0.04033328

New Difficulty                  13,462,580,115
New Daily Dividend         0.00018677
New Reserve per Unit        0.03735400

NAV/U Less New Reserve = 0.04033328 - 0.03735400 = 0.00297928

SELL Dividend                 0.00297928

You'll notice that I calculate the new Dividend to eight digits and multiply that times 200 Days to get the new Reserve. Those of you that did your own calculations may come up with a slightly different number if you chose not to round or to round elsewhere.

New EXCH Sales Price          0.03847462
twentyseventy (OP)
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June 18, 2014, 04:06:40 PM
 #397

Period 13, Day 0 Report - June 18, 2014

Balance Post Divs: BTC 338.03602124

Total Units: 9095

NAV/U: BTC 0.03716723
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June 18, 2014, 04:19:14 PM
 #398

Can you post the current share distribution again please?
twentyseventy (OP)
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June 18, 2014, 06:03:25 PM
 #399

Can you post the current share distribution again please?

Here you are-

MINE
https://docs.google.com/spreadsheets/d/1dh8I4zyBTKEqdOlHfO4JIcfqz9A8RCPLDm9M0-kc0bI/edit?usp=sharing

SELL
https://docs.google.com/spreadsheets/d/1ULUaGa-B1GPKBo32VYS7o1OehhaUQWnGr66xIurBdGM/edit?usp=sharing
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June 19, 2014, 02:30:17 AM
 #400

Sorry, looks like I messed up the sharing settings. Anyone that requested access should be able to view it now.
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