twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2014, 04:11:27 PM |
|
Period 13, Day 1 Report - June 19, 2014
Balance Post Divs: BTC 341.94537885
Total Units: 9245
NAV/U: BTC 0.03698706
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2014, 04:22:02 PM |
|
Period 13, Day 2 Report - June 20, 2014
Balance Post Divs: BTC 332.59407863
Total Units: 9029
NAV/U: BTC 0.03683620
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 21, 2014, 05:16:28 PM |
|
Period 13, Day 3 Report - June 21, 2014
Balance Post Divs: BTC 344.32706308
Total Units: 9388
NAV/U: BTC 0.03667736
I will be on vacation this week, so updates will likely come later than normal in the day. Dividends are pre-scheduled and will not be affected.
In the case that I don't issue a report for a day, it will be issued the following day along with that following day's report. I'll be on email and checking in from time to time, so PM me or email me as you normally would if you need me.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 22, 2014, 10:12:41 PM |
|
Period 13, Day 4 Report - June 22, 2014
Balance Post Divs: BTC 346.94537416
Total Units: 9505
NAV/U: BTC 0.03650135
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 23, 2014, 07:12:55 PM |
|
Period 13, Day 5 Report - June 23, 2014
Balance Post Divs: BTC 347.18646027
Total Units: 9559
NAV/U: BTC 0.03632037
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 24, 2014, 07:53:43 PM |
|
Period 13, Day 6 Report - June 24, 2014
Balance Post Divs: BTC 345.62289097
Total Units: 9565
NAV/U: BTC 0.03613412
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 25, 2014, 11:45:11 PM |
|
Period 13, Day 7 Report - June 25, 2014
Balance Post Divs: BTC 346.45096083
Total Units: 9635
NAV/U: BTC 0.03595754
Important note: As of right now, it looks like the Difficulty increase will happen on Saturday after Noon, meaning that the SELL div will be issued on Sunday. I'll be traveling all day Sunday, so I won't be able to issue the dividends at 12PM as normally planned. Right now, assuming that the divs do need to be paid on Sunday, I will tentatively schedule the div payment for 10PM Eastern Time.
There will be no difference in payment amount or any other effects besides a later payment time. For now, I'll plan to have the EXCH ask up until 9PM ET and allow buy-backs until that time as well. I may decide to change this in the future, but I'll be sure to issue any updates here.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 12:39:02 PM |
|
Period 13, Day 8 Report - June 26, 2014
Balance Post Divs: BTC 344.64887579
Total Units: 9635
NAV/U: BTC 0.03577051
Important note: As of right now, it looks like the Difficulty increase will happen on Saturday after Noon, meaning that the SELL div will be issued on Sunday. I'll be traveling all day Sunday, so I won't be able to issue the dividends at 12PM as normally planned. Right now, assuming that the divs do need to be paid on Sunday, I will tentatively schedule the div payment for 10PM Eastern Time on Sunday.
There will be no difference in payment amount or any other effects besides a later payment time. For now, I'll plan to have the EXCH ask up until 9PM ET and allow buy-backs until that time as well. I may decide to change this in the future, but I'll be sure to issue any updates here.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 27, 2014, 04:37:12 PM |
|
Period 13, Day 9 Report - June 27, 2014
Balance Post Divs: BTC 343.89362316
Total Units: 9663
NAV/U: BTC 0.03558870
Important note: As of right now, it looks like the Difficulty increase will happen on Saturday after Noon, meaning that the SELL div will be issued on Sunday. I'll be traveling all day Sunday, so I won't be able to issue the dividends at 12PM as normally planned. Right now, assuming that the divs do need to be paid on Sunday, I will tentatively schedule the div payment for 10PM Eastern Time on Sunday.
There will be no difference in payment amount or any other effects besides a later payment time. For now, I'll plan to have the EXCH ask up until 9PM ET and allow buy-backs until that time as well. I may decide to change this in the future, but I'll be sure to issue any updates here.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 28, 2014, 04:55:57 PM |
|
Period 13, Day 10 Report - June 28, 2014
Balance Post Divs: BTC 342.79665911
Total Units: 9682
NAV/U: BTC 0.03540556
Important note: I'll be traveling all day Sunday, so I won't be able to issue the dividends at 12PM as normally planned. Right now, assuming that the divs do need to be paid on Sunday, I will tentatively schedule the div payment for 10PM Eastern Time on Sunday.
There will be no difference in payment amount or any other effects besides a later payment time. For now, I'll plan to have the EXCH ask up until 9PM ET and allow buy-backs until that time as well. I may decide to change this in the future, but I'll be sure to issue any updates here.
|
|
|
|
ZephramC
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 09:40:47 AM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV Nice idea. However you will end with B.SELL valued about 0,01919 BTC (0.02439-0.0052) tomorrow.
|
|
|
|
jjdub7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 12:05:57 PM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV You do realize that you're only making money on this asset when you take a position at the beginning of the period right? Other than trading on variance.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 12:25:06 PM |
|
Will get home a little earlier than expected, divs will be issued at 8PM ET and EXCH ask will be removed at 7PM. This is just shy of 12 hours notice, so everyone should have time to adjust if needed.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 01:43:57 PM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV Nice idea. However you will end with B.SELL valued about 0,01919 BTC (0.02439-0.0052) tomorrow. The value of SELL decreases by exactly the amount of dividends paid out; it's hard for some to break the thought that dividends equal profit. You'll have the BTC in hand, but, yes, your SELL will be less valuable.
|
|
|
|
ZephramC
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 02:13:25 PM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV Nice idea. However you will end with B.SELL valued about 0,01919 BTC (0.02439-0.0052) tomorrow. No, I shall end with B.SELL valued more than 0.035 tomorrow ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Hmm, (more than) 0.035 per share tomorrow, you say. So, will you buy 10 B.SELL shares for mere 0.30 (0.030 BTC/share) from me tomorrow? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You will make (more than) +16.66% profit! ...OK, we should probably end this conversation. It is becoming slightly offtopic. This (from twentyseventy) is important: Will get home a little earlier than expected, divs will be issued at 8PM ET and EXCH ask will be removed at 7PM. This is just shy of 12 hours notice, so everyone should have time to adjust if needed.
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 11:08:17 PM |
|
Thanks, Zephram. Divs are scheduled to go out on the hour; hopefully it will go off without a hitch like normal.
Period 13 End Report - June 29, 2014
Previous Units 9095 EXCH Sold 1196 Less Buybacks 340 New Total Units 9951
Previous Balance 339.73469439 Price per EXCH 0.03847462 Gross Sales of EXCH 46.01564552
Less Fees 0.18406268 Less Dividends 19.42426677 Less Buybacks 12.32408540 Less Mgmt Fee 0.91906858 Net Balance 352.89885648
End of Period NAV/U 0.03546365
New Difficulty 16,818,461,371 New Daily Dividend 0.00014951 New Reserve per Unit 0.02990200
NAV/U Less New Reserve = 0.03546365 - 0.02990200 = 0.00556165
SELL Dividend 0.00556165
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 0.03079906
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2014, 11:09:03 PM |
|
Period 14, Day 0 Report - June 29, 2014
Balance Post Divs: BTC 296.06454723
Total Units: 9951
NAV/U: BTC 0.02975224
|
|
|
|
jjdub7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2014, 07:10:48 AM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV Nice idea. However you will end with B.SELL valued about 0,01919 BTC (0.02439-0.0052) tomorrow. No, I shall end with B.SELL valued more than tomorrow ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) P.S. Edited 21:34 GMT Read the prospectus.
|
|
|
|
jjdub7
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2014, 08:02:58 AM |
|
If you buy B.SELL today (price now is 0.02438990 BTC), you shall receive today a divident of more than 0.0052 BTC i.e. +21.32% for a day then you can send me some mBTC at: 1NUYC1Yn6D5QnbdJhrnfggrgMr9MxvZeHV Nice idea. However you will end with B.SELL valued about 0,01919 BTC (0.02439-0.0052) tomorrow. Read the prospectus. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I read much, so my book price for all my B.SELL is 0.02 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So, essentially, you're anticipating that all else equal, difficulty will rise >67% over the life of the asset?
|
|
|
|
twentyseventy (OP)
Legendary
Offline
Activity: 1386
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2014, 04:09:23 PM |
|
Forgot to schedule the div for today, but it's up now and have scheduled for the rest of the week as well. Still catching up from vacation ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) MINE dividend will be issued at 1PM most likely, the next time that the script runs. Period 14, Day 1 Report - June 30, 2014
Balance Post Divs: BTC 319.47968634 Total Units: 10783 NAV/U: BTC 0.02962808EDIT: I have removed the EXCH ask for now, as any new units of EXCH would receive MINE units that will now be paid the dividend (which they should not be). Only one has been sold in the last few minutes, so I'll cover the dividend payment for that one share. EXCH ask will be put back up once the MINE dividend is issued.
|
|
|
|
|