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Author Topic: [Havelock] Bitcoin Difficulty Derivative (BDD)  (Read 290008 times)
galdur
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February 03, 2015, 10:45:03 AM
 #881

Any idea about whether Havelock is still among the living ? Site has been offline for a while now.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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havelock
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February 03, 2015, 11:08:57 AM
 #882

Any idea about whether Havelock is still among the living ? Site has been offline for a while now.

We are alive and well.  We should be back online in a couple of hours.

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February 03, 2015, 11:09:57 AM
 #883

Any idea about whether Havelock is still among the living ? Site has been offline for a while now.

We are alive and well.  We should be back online in a couple of hours.

Excellent. Good luck, g

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February 03, 2015, 07:40:31 PM
 #884

Period 30, Day 7 Report - February 3, 2015

Balance Post Divs: BTC 176.28316464

Total Units: 28751

NAV/U: BTC 0.00613137
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February 04, 2015, 06:22:10 PM
 #885

Period 30, Day 8 Report - February 4, 2015

Balance Post Divs: BTC 176.29010120

Total Units: 29039

NAV/U: BTC 0.00607080

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February 05, 2015, 05:11:56 PM
 #886

Period 30, Day 9 Report - February 5, 2015

Balance Post Divs: BTC 175.71820672

Total Units: 29236

NAV/U: BTC 0.00601033
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February 06, 2015, 05:02:08 PM
 #887

Missed div scheduling today; it will either be paid shortly or at 1PM.
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February 06, 2015, 06:10:08 PM
 #888

Period 30, Day 10 Report - February 6, 2015

Balance Post Divs: BTC 176.27073076

Total Units: 29626

NAV/U: BTC 0.00594986
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February 07, 2015, 05:28:14 PM
 #889

Period 30, Day 11 Report - February 7, 2015

Balance Post Divs: BTC 176.08874010

Total Units: 29900

NAV/U: BTC 0.00588925
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February 08, 2015, 05:18:34 PM
 #890

Period 30, Day 12 Report - February 8, 2015

Balance Post Divs: BTC 176.97560897

Total Units: 30362

NAV/U: BTC 0.00582885

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February 09, 2015, 04:17:23 PM
 #891

Period 30 End Report - February 9, 2015

Previous Units              27554
EXCH Sold                   3385
Less Buybacks              40
New Total Units        30899

Previous Balance          182.32774652
Price per EXCH             Variable
Gross Sales of EXCH      21.34977245

Less Fees                    0.08537500
Less Dividends              22.81210320
Less Buybacks              0.23797536
Less Mgmt Fee              0.41860530
Net Balance            180.12346011

End of Period NAV/U     0.00582942

New Difficulty                  44,455,415,962
New Daily Dividend         0.00005656
New Reserve per Unit        0.01131200

New Reserve Less NAV/U = 0.01131200 - 0.00582942 = -0.00548258


SELL Dividend                 None (Because NAV/U is less than 200 Days of Dividends)

Days of Dividends On Hand    ~103

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.
twentyseventy (OP)
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February 09, 2015, 04:23:56 PM
Last edit: February 10, 2015, 05:46:31 PM by twentyseventy
 #892

Period 31, Day 0 Report - February 9, 2015

Balance Post Divs: BTC 178.37581267

Total Units: 30899

NAV/U: BTC 0.00577286
galdur
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February 09, 2015, 04:27:50 PM
 #893

Nice. Back over 100 days. The market has been pricing in this new dividend and is about right on target now. Maybe B.MINE is a little undervalued but then again there isn´t that much term left.

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February 09, 2015, 04:45:12 PM
 #894

Nice. Back over 100 days. The market has been pricing in this new dividend and is about right on target now. Maybe B.MINE is a little undervalued but then again there isn´t that much term left.

Well, B.MINE shouldn't be priced more than .000577286 (!), excluding the small amount contributed to the NAV/U from future sales of EXCH and possible buybacks.
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February 09, 2015, 04:48:25 PM
 #895

Nice. Back over 100 days. The market has been pricing in this new dividend and is about right on target now. Maybe B.MINE is a little undervalued but then again there isn´t that much term left.

Well, B.MINE shouldn't be priced more than .000577286 (!), excluding the small amount contributed to the NAV/U from future sales of EXCH and possible buybacks.

And it is at .000570000.

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February 10, 2015, 05:46:15 PM
 #896

Period 31, Day 1 Report - February 10, 2015

Balance Post Divs: BTC 178.70386533

Total Units: 31260

NAV/U: BTC 0.00571669
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February 11, 2015, 05:08:41 PM
 #897

Period 31, Day 2 Report - February 11, 2015

Balance Post Divs: BTC 179.24131084

Total Units: 31665

NAV/U: BTC 0.00566054
twentyseventy (OP)
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February 12, 2015, 05:10:29 PM
 #898

Period 31, Day 3 Report - February 12, 2015

Balance Post Divs: BTC 180.72528417

Total Units: 32246

NAV/U: BTC 0.00560457
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February 13, 2015, 05:48:31 PM
 #899

Period 31, Day 4 Report - February 13, 2015

Balance Post Divs: BTC 181.77507234

Total Units: 32761

NAV/U: BTC 0.00554852
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February 13, 2015, 06:25:27 PM
 #900

Is there an ELI5 about all of this.
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