metaperl
Newbie
Offline
Activity: 14
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2016, 07:47:29 PM |
|
Hello, this is a very impressive and deep product. I own 55 units and am happy to have found something that pays 1% daily that is indeed legitimate. I have a lot to learn, but wanted to start with one small thing I noticed. If you look at the product description: https://www.havelockinvestments.com/fund.php?symbol=B.EXCHIt states: B.MINE and B.SELL must always be issued in equal amounts, and remain in equal amounts outstanding, to ensure that each B.MINE contract is backed by the funds of a B.SELL contract. However, as you can see from my portfolio, I was able to buy B.MINE directly without purchasing B.EXCH and receiving a pair. https://www.evernote.com/l/ATUH-MlOSQtO44obySPB_sHwokIBSphPplwB/image.png
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2016, 08:21:08 PM |
|
@twentyseventy
Hey, just wondering if you were planning on getting caught up on issuing new units soon. Thanks
Sorry, just getting back from the trip now - should be on regular schedule from hereon out!
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 13, 2016, 08:30:56 PM |
|
Round 3, Period 19, Day 2 Report - November 8, 2016
Balance Post Divs: BTC 46.46122568
Total Units: 2746
NAV/U: BTC 0.01691960
Round 3, Period 19, Day 3 Report - November 9, 2016
Balance Post Divs: BTC 45.83308166
Total Units: 2749
NAV/U: BTC 0.01667263
Round 3, Period 19, Day 4 Report - November 10, 2016
Balance Post Divs: BTC 45.36725540
Total Units: 2762
NAV/U: BTC 0.01642550
Round 3, Period 19, Day 5 Report - November 11, 2016
Balance Post Divs: BTC 44.68621209
Total Units: 2762
NAV/U: BTC 0.01617893
Round 3, Period 19, Day 6 Report - November 12, 2016
Balance Post Divs: BTC 45.32131177
Total Units: 2845
NAV/U: BTC 0.01593016
Round 3, Period 19, Day 7 Report - November 13, 2016
Balance Post Divs: BTC 45.45213077
Total Units: 2898
NAV/U: BTC 0.01568396
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2016, 05:53:15 AM |
|
Round 3, Period 19, Day 8 Report - November 14, 2016Balance Post Divs: BTC 45.58562336 Total Units: 2953 NAV/U: BTC 0.01543705Round 3, Period 19, Day 9 Report - November 15, 2016Balance Post Divs: BTC 44.72786697 Total Units: 2954 NAV/U: BTC 0.01514145Hello, this is a very impressive and deep product. I own 55 units and am happy to have found something that pays 1% daily that is indeed legitimate. I have a lot to learn, but wanted to start with one small thing I noticed. If you look at the product description: https://www.havelockinvestments.com/fund.php?symbol=B.EXCHIt states: B.MINE and B.SELL must always be issued in equal amounts, and remain in equal amounts outstanding, to ensure that each B.MINE contract is backed by the funds of a B.SELL contract. However, as you can see from my portfolio, I was able to buy B.MINE directly without purchasing B.EXCH and receiving a pair. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.evernote.com%2Fl%2FATUH-MlOSQtO44obySPB_sHwokIBSphPplwB%2Fimage.png&t=665&c=gNBi52y5vlxhxQ) While it pays what it pays currently, please be aware that there is a defined endpoint coming up in 60 Days, barring a big (huge) change in difficulty - this does not pay out perpetually. MINE and SELL are issued in equal amounts; you can see that there are exactly 2954 units of MINE and SELL each. You can purchase MINE and SELL on the open market by themselves, but new units are issued into the market only via purchase of EXCH.
|
|
|
|
AllInBit
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 60
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2016, 03:05:13 AM |
|
@twentyseventy
I saw you pulled the old units, are you planning on issuing new units today/tonight? Or you just gonna wait till tomorrow and put them up with double divs? Thanks for all the quick replies.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 17, 2016, 05:05:12 AM |
|
Round 3, Period 19, Day 10 Report - November 16, 2016Balance Post Divs: BTC 44.14588473 Total Units: 2954 NAV/U: BTC 0.01494444@twentyseventy
I saw you pulled the old units, are you planning on issuing new units today/tonight? Or you just gonna wait till tomorrow and put them up with double divs? Thanks for all the quick replies.
You hit it right on the nose; double divs will be issued Nov 17th for that day and the 16th; apologies-
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 18, 2016, 03:46:24 AM Last edit: November 19, 2016, 10:43:59 PM by twentyseventy |
|
Round 3, Period 19, Day 11 Report - November 17, 2016
Balance Post Divs: BTC 43.41657167
Total Units: 2954
NAV/U: BTC 0.01469755
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2016, 10:53:12 PM |
|
Round 3, Period 19 End Report - November 18, 2016
Previous Units 2746 EXCH Sold 209 Less Buybacks 0 New Total Units 2955
Previous Balance 48.05917716 Gross Sales of EXCH 3.46121683
Less Fees 0.01384487 Less Dividends 8.41129541 Less Buybacks 0.00000000 Less Mgmt Fee 0.26122003 Net Balance 42.83403368
End of Period NAV/U 0.01449544
New Difficulty 281,800,917,193 New Daily Dividend 0.00022307 New Reserve per Unit 0.04015260
NAV/U less New Reserve = 0.01449544 - 0.04015260 = -0.02565716
SELL Dividend 0 (Because there are less than 180 days of dividends on hand)
Days of Dividends On Hand 64.98
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 19, 2016, 10:55:53 PM |
|
Round 3, Period 20, Day 0 Report - November 18, 2016
Balance Post Divs: BTC 42.77209760
Total Units: 2954
NAV/U: BTC 0.01447448
Round 3, Period 20, Day 1 Report - November 19, 2016
Balance Post Divs: BTC 42.11292575
Total Units: 2954
NAV/U: BTC 0.01425141
|
|
|
|
AllInBit
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 60
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 22, 2016, 12:38:15 AM |
|
@twentyseventy
Just wanted to let you know that there hasn't been any units up for sale for the last few days, I'm sure you just forgot. One other thing. I thought the new units and the NAV used to be much closer in price. Like a dividend or two's worth difference. Am I missing something or am I just wrong. Thanks again.
|
|
|
|
galactic123
Jr. Member
Offline
Activity: 105
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 23, 2016, 09:55:14 PM |
|
Seems interesting. Giving this a go. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
eCredit, a WAVES Platform token. Rewards and more. Main site: eCreditCoin.Net
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 25, 2016, 07:09:29 PM |
|
@twentyseventy
Just wanted to let you know that there hasn't been any units up for sale for the last few days, I'm sure you just forgot. One other thing. I thought the new units and the NAV used to be much closer in price. Like a dividend or two's worth difference. Am I missing something or am I just wrong. Thanks again.
Hi AllInBit, You're always on top of it! I apologize that I have not been; it's a combination of a new job with long hours and having been locked out of my 2FA for the past few days (new phone). Regardless, I apologize for the downtime. I'm not able to do my updates from work now, so that's an extra complication that didn't use to exist. New units will always be NAV/U + 3%; they don't necessarily have anything to do with the dividend size. Havelock still needs to do some internal transfers so that I can keep paying dividends; I've got a few days until I hit that limit. That could cause a delay for a few days, but I'll keep you updated (essentially new units are 'deposited' into EXCH and they have to transfer it manually to MINE for me to pay dividends).
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 25, 2016, 07:15:50 PM |
|
Round 3, Period 21, Day 1 Report - November 20, 2016Balance Post Divs: BTC 41.45375391 Total Units: 2955 NAV/U: BTC 0.01402834Round 3, Period 21, Day 2 Report - November 21, 2016Balance Post Divs: BTC 40.79458205 Total Units: 2955 NAV/U: BTC 0.01380527Round 3, Period 21, Day 3 Report - November 22, 2016Balance Post Divs: BTC 40.13541020 Total Units: 2955 NAV/U: BTC 0.01358220Round 3, Period 21, Day 4 Report - November 23, 2016Balance Post Divs: BTC 39.47623835 Total Units: 2955 NAV/U: BTC 0.01335913Round 3, Period 21, Day 5 Report - November 24, 2016Balance Post Divs: BTC 38.81706650 Total Units: 2955 NAV/U: BTC 0.01313606Round 3, Period 21, Day 6 Report - November 25, 2016Balance Post Divs: BTC 38.15789465 Total Units: 2955 NAV/U: BTC 0.01291299We're in Period 21 now, not 20 ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) - Updated.
|
|
|
|
galactic123
Jr. Member
Offline
Activity: 105
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 26, 2016, 07:00:13 PM |
|
I have a few B.MINE shares. Do I also need to get B.EXCH and B.SELL shares too to keep things going? (I don't have a whole lot of bitcoin right now though)
|
eCredit, a WAVES Platform token. Rewards and more. Main site: eCreditCoin.Net
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 27, 2016, 06:32:50 PM |
|
I have a few B.MINE shares. Do I also need to get B.EXCH and B.SELL shares too to keep things going? (I don't have a whole lot of bitcoin right now though)
No, you should really own either MINE or SELL, not both - Please be aware that there are approximately 54 days left of MINE dividends at the current rate and it looks like SELL will not receive a dividend at all (barring large consecutive jumps in the difficulty).
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 27, 2016, 06:34:08 PM |
|
Havelock is currently down ATM, will check later today to see if they're up-
|
|
|
|
rexxarofmoknathal
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2016, 12:11:11 PM |
|
Any word on the situation? I just checked the site again, it's still offline.
As far as I remember, this stuff happens every now and again, so it'll be up again soon hopefully. But it is a little annoying that they don't keep us updated when this sort of thing happens.
|
|
|
|
AllInBit
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 60
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 28, 2016, 09:03:58 PM |
|
Any word on the situation? I just checked the site again, it's still offline.
As far as I remember, this stuff happens every now and again, so it'll be up again soon hopefully. But it is a little annoying that they don't keep us updated when this sort of thing happens.
They're back online now.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 30, 2016, 04:09:58 AM |
|
Round 3, Period 21, Day 7 Report - November 26, 2016Balance Post Divs: BTC 37.56191521 Total Units: 2960 NAV/U: BTC 0.01268983Round 3, Period 21, Day 8 Report - November 27 , 2016Balance Post Divs: BTC 36.90188625 Total Units: 2960 NAV/U: BTC 0.01246685Round 3, Period 21, Day 8 Report - November 28 , 2016Balance Post Divs: BTC 36.24159905 Total Units: 2960 NAV/U: BTC 0.01224378Round 3, Period 21, Day 9 Report - November 29 , 2016Balance Post Divs: BTC 35.62691245 Total Units: 2964 NAV/U: BTC 0.01201987Any word on the situation? I just checked the site again, it's still offline.
As far as I remember, this stuff happens every now and again, so it'll be up again soon hopefully. But it is a little annoying that they don't keep us updated when this sort of thing happens.
They're back online now. Yep, just happens sometimes - back on track!
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 02, 2016, 02:19:10 AM |
|
Round 3, Period 21, Day 10 Report - November 30 , 2016
Balance Post Divs: BTC 35.03870956
Total Units: 2970
NAV/U: BTC 0.01179754
Round 3, Period 21, Day 11 Report - December 1, 2016
Balance Post Divs: BTC 34.51294595
Total Units: 2982
NAV/U: BTC 0.01157375
Havelock still hasn't made the transfer, so we've got 1 or 2 days left of dividends in the MINE account - trying to get in touch with them about it. Just for clarity - the BTC is just in the EXCH account (which I can't manually transfer; only they can) - it just needs to be transferred. This may delay dividends until they make the transfer.
|
|
|
|
|