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[ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH singapore
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Author Topic: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  (Read 193128 times)

whatnxt

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #100 on: October 24, 2014, 05:30:51 pm »

Let me get this straight

You get 35% more shares and do not expect a price correction so that your holding is 35% more valuable.
Or
You get 35% more hashing power per share but do not expect a price correction and so you holdings are undervalued.

The assumption is that there will be no price correction. As far as I can tell from other mining assets that assumption is wrong. It is only the speed of the correction that I would take issue with, however, if your intention is to hold then the correction will be made and your holdings will increase in value.
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cexylikepie

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #101 on: October 24, 2014, 05:40:42 pm »

but there is an upper limit of 1 nxt per asset, so there wont be a price correction, so if it doesn't multiply people who buy in after are getting more bang for their buck.
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whatnxt

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #102 on: October 24, 2014, 06:25:18 pm »

but there is an upper limit of 1 nxt per asset, so there wont be a price correction, so if it doesn't multiply people who buy in after are getting more bang for their buck.

You are assuming that the difficulty has not changed by the time the 35% comes along. If it has then you may just be correcting the price to 1 NXT.
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #103 on: October 24, 2014, 06:35:14 pm »

but there is an upper limit of 1 nxt per asset, so there wont be a price correction, so if it doesn't multiply people who buy in after are getting more bang for their buck.
The intended purpose of the multiplication is to mitigate difficulty increases.  (IE, if you buy X amount of LTCgear shares every 45 days they are increased by 35% to mitigate against difficulty increases)
Honestly I am a bit surprised that Chris multiples every LTCgear account by 1.35 at difficulty increase (and not just people who have been holding onto the shares for the 45 days)
I will have to see how much the difficulty increases by the time the multiplication occurs.
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #104 on: October 24, 2014, 10:14:18 pm »

Hi guys,

I have terrible news.  I have decided to go to mexico with all of your NXT. Bon Voyage!








































jk.
This week's dividend will be just shy of 14% return.  My apologies for the lower percent (but some of the recent share sales were not converted to LTCgear shares in time for this week's payouts which in turn brought down profitability a bit.  I expect next week, and future weeks, this will be less and less of an issue as we get more and more hashrate.
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Pilot

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #105 on: October 24, 2014, 10:15:41 pm »

6-7 weeks break even is awesome. I'm gonna just have to buy some LTCGear shares myself. I assume it pays out LTC?
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #106 on: October 24, 2014, 10:18:09 pm »

Please note that in my rush to send out the dividends I forgot to do the manual reinvestments (four people sent me AM's requesting reinvestments) -  sorry,  if those people can please just buy additional shares with their dividend this week I will reimburse them the 2 NXT they will lose in TXN fees if they are terribly inconvenienced by it.

Also, there were quite a bit people who bought shares just today (which is what also brought the dividend %-age down.  In the future I will be using a block from early in the day thursday to distribute the dividends, to prevent people from getting dividends by buying in at the last minute (after the cut-off has happened with LTCgear).  If we hadn't had this happen this week, and if I'd been smart enough to get another LTCgear order in on time, we would have been likely closer to 18%.
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, first dividend 16% ROI
« Reply #107 on: October 24, 2014, 10:20:43 pm »

Amount paid, Account, TX
17441.09190604, NXT-UDHN-A4VD-JMWP-GQY57, 6797844607651117085
13710.14904612, NXT-G8BT-FHN8-SZQG-G3FRC, 9853537751633858667
10968.1192369, NXT-HG8Z-PZ5L-KD6T-HJ8FG, 12876444250774027235
6790.63682254, NXT-HEXJ-6MUN-37CN-FFTRQ, 6438296116055460353
2742.02980922, NXT-FDW8-THXX-PY8X-9VK6M, 8301782130254930278
2742.02980922, NXT-262D-BWU3-C7NJ-B4A4B, 693417679432701530
2742.02980922, NXT-G3ZG-DFJR-C4VX-AVNK5, 7938987850369383663
2742.02980922, NXT-TNEN-GQAE-TP67-8HQ8L, 9854569971219810344
2591.21816972, NXT-F87Z-VNC2-A28A-2ZHYW, 6598461059208390112
2467.8268283, NXT-R3DM-JL5U-QATR-9XELX, 3881559041996314164
2056.65945841, NXT-8UNC-QVL6-43W7-9KMFT, 3930629122784445706
2056.52235692, NXT-6RKA-ZVFL-VBS6-7D2EP, 11587066625686762102
1645.21788553, NXT-SQBJ-6RU2-G6U6-9LRJD, 16514298617926415348
1645.21788553, NXT-RMEB-W7TE-28EM-2SUM7, 730578947752521866
1562.95699126, NXT-R7SM-95YT-MZ4Z-6M3T9, 13761362557238913467
1424.89579036, NXT-7DFS-RD2W-9R3F-76JCM, 9912202178499469642
1371.01490461, NXT-G9PD-F4GX-PX2U-6576U, 13409220604437513419
1371.01490461, NXT-ZJHC-Y5D7-DAN7-4RD6W, 18443292736153150094
1329.74735598, NXT-UAPC-3T43-FFT6-HW5BZ, 8605980297746582771
939.14520966, NXT-KB63-98AB-PQJN-GTB6C, 5708725307227623896
767.76834658, NXT-68JE-7DG5-J6VJ-BV3JM, 2052400050013821689
686.74136572, NXT-7NQY-PVNX-M2BL-HWRDA, 9188899671033000711
685.50745231, NXT-7LUP-MRCU-VHAB-C5XXJ, 85963497898258217
679.06368225, NXT-BEGA-TNC2-3WTZ-9LSNH, 3234809437534516348
644.37700517, NXT-6WM6-Y223-99GM-DWU7M, 12426755151801093689
611.74685044, NXT-9PFV-DW9D-V3KT-8ENZH, 11241774064999357271
548.40596184, NXT-P44H-3ZA6-TQBD-FESF3, 15261949689472144574
500.42044018, NXT-7HL4-WMNR-XGFL-ASVHV, 12546876995141387127
425.01462043, NXT-SYNR-ZAES-GZ3F-BCDFH, 874743623748445296
411.30447138, NXT-8QLY-CRHV-NSJZ-CCZ5K, 10557901629995662520
411.30447138, NXT-JLHA-5ZP4-2339-4ZXHX, 7739791663224030145
411.30447138, NXT-4EAQ-UHPR-M7RE-9MSLM, 11725385196592662079
411.30447138, NXT-QK6T-BTVP-N8SL-9ZLD4, 8141668674160970511
409.93345648, NXT-T2KD-BYMP-GGNT-3JG27, 12093645720477452726
353.17343943, NXT-2CZZ-V98K-NBVJ-2YHDM, 13339464944954653343
342.75372615, NXT-BY7Y-UB4X-6Z3C-8PP3V, 2815895221781461371
274.20298092, NXT-5HZF-TPQ5-GSHF-7GV33, 15566056563600836283
274.20298092, NXT-TH5L-YUSA-B79L-D8PXL, 11851374127950656436
274.20298092, NXT-PJ4S-P5MU-LFBV-6ARBY, 9893755789482677671
182.75628678, NXT-8CBP-XQAH-J47K-GNQPB, 11719555217463724587
157.66671403, NXT-8JY3-ZPFF-JXWC-7AX25, 17363106727004610230
143.54526051, NXT-ULR2-T4TH-4X7P-8WVPV, 16998997552859191674
137.10149046, NXT-5ZCV-KNGM-W5QK-HJ8FN, 3497352505122803647
137.10149046, NXT-PFBN-NBW2-E3B7-G3MHM, 12991530286429577129
137.10149046, NXT-NNBQ-NXU8-8R7E-3TG5M, 122047606514097146
137.10149046, NXT-7G7H-BE28-B967-FTBWW, 4058222116395328729
137.10149046, NXT-FAHJ-MNJE-5BHY-24PP4, 5499157831227018621
129.56090849, NXT-5HGA-WBVV-JA2J-DD8HB, 16388314756059247133
123.11713843, NXT-T6XN-KVAB-L7Y4-AGZJ9, 10282821756286538628
102.82611785, NXT-UWJU-XXST-3MPQ-2JWG7, 2453506642894662750
88.84176582, NXT-2AS9-D5GB-BNHD-9DJXQ, 7132862474139111678
76.91393615, NXT-48SA-46XK-N5GT-6BDST, 16149484499934606212
75.40581975, NXT-TN8Y-C57X-KJ69-FNAEX, 12060572800726158094
69.92176014, NXT-4ZRX-J6CN-MX2D-AGWZU, 11379173467517919841
68.55074523, NXT-EUH2-Y9LT-J54V-EPB56, 14030996208406044055
50.72755147, NXT-CSQ5-K2GT-FP8S-DVMFK, 17623409447162371222
46.61450676, NXT-SZUB-FHZP-JTFL-7YEET, 10245831790786732702
45.24349185, NXT-6D26-Q8E7-Z86X-97778, 8412943709951735899
34.82377858, NXT-724Q-JJL2-K2MH-9JJ77, 7572521869155593393
24.67826828, NXT-MRCR-CCU5-SZVY-BJACF, 875352138974559391
20.56522357, NXT-T4NN-P4PW-P4Z3-BWSBY, 5915966431674450075
20.56522357, NXT-N7RK-A54P-8ACE-8AAZD, 9919842431956293065
15.08116395, NXT-ARPS-CRKJ-XP9M-D69VM, 3143668381104292885
13.71014905, NXT-KUQ3-SYHL-E4BE-B2BL5, 18437898405307067518
13.71014905, NXT-ZGCD-3Z6V-T7CX-HFPFU, 19499380404720923
5.48405962, NXT-47L4-3ZFH-VP8P-2EA84, 16626684039726255950
3.15333428, NXT-RS35-KXYB-YXTP-8URLL, 6190770862478404299
1.3710149, NXT-MAX4-6ZDE-3QVX-CDMY9, 3928214348345342785
1.3710149, NXT-2EED-8L9A-89U7-9NNJ7, 15933131269487489527
------------All transactions processed------------
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cexylikepie

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #108 on: October 24, 2014, 10:33:56 pm »

Sounds good. Just please post after the cutoff so that no mistakes are made. And i guess your asset will be invulnerable  to the method I posted in the other thread!
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cobaltskky

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #109 on: October 24, 2014, 10:57:42 pm »

HOLY FUCK CHRISTMAS CAME EARLY
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #110 on: October 24, 2014, 11:16:18 pm »

BTW, it looks like our 11% affiliate discounts may have finally converted to shares! (it builds up in an account and then occasionally LTCgear converts it to shares! But they have just been credited to the account).
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cexylikepie

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #111 on: October 24, 2014, 11:41:09 pm »

I'm really considering reinvesting but i dont know if that will be a good idea. right now i am just really really hoping that you distribute more shares when the multiplication happens.

I wonder if it will be safe to re-invest profits
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Pilot

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #112 on: October 25, 2014, 03:45:29 am »

Nice surprise. I thought payouts would be sunday?

I manually reinvested. No worry about the 2NXT. I can deal with the $.05 "loss". ;)
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cexylikepie

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #113 on: October 25, 2014, 04:00:58 am »

what does LTCgear do with the doge it mines? can we get that too?
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AizenSou

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #114 on: October 25, 2014, 10:31:46 am »

BTW, it looks like our 11% affiliate discounts may have finally converted to shares! (it builds up in an account and then occasionally LTCgear converts it to shares! But they have just been credited to the account).

Hi pf,

Thanks for your honest offer. At least NXT investors could see what price do they really pay at ltcgear.
Btw, as far as I know, using your own referrals link to order shares for yourself is not allowed, considered as cheating a system. It could be resulted in locking the account by Chris (Beekeeper).
I would be more careful with my account if I handle such massive shares like you. You could check more about this if you join #ltcgear channel @ webchat.freenode.net.

Regards,

Aizen

pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #115 on: October 26, 2014, 06:44:05 pm »

BTW, it looks like our 11% affiliate discounts may have finally converted to shares! (it builds up in an account and then occasionally LTCgear converts it to shares! But they have just been credited to the account).

Hi pf,

Thanks for your honest offer. At least NXT investors could see what price do they really pay at ltcgear.
Btw, as far as I know, using your own referrals link to order shares for yourself is not allowed, considered as cheating a system. It could be resulted in locking the account by Chris (Beekeeper).
I would be more careful with my account if I handle such massive shares like you. You could check more about this if you join #ltcgear channel @ webchat.freenode.net.

Regards,

Aizen
Hi Aizen,
It sounds like you've done the math and realized the same thing we've been saying - HRLTCGEAR is the mining asset with the lowest overhead on the NXT AE.  Coupled with the ability to easily reinvest 100% of your earnings at a fixed 1 NXT price, we think we're the most flexible mining option currently on the AE.

Also in regards to using your own affiliate link - I have emailed Chris directly and he has been willing to credit my own orders to my own affiliate link, so I'm 99% sure that he doesn't have a problem with users doing this.  I can dig up my old email with him confirming this, but he has definitely credited my order to my own affiliate account without any issue.
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #116 on: October 27, 2014, 11:48:54 pm »

By the way, when the multiplication happens I will be increasing each shareholder's holdings by 15%.  IE, if you have 10,000 shares when multiplication happens you will be transferred an additional 1500 HRLTCGEAR shares.

The 35% multiplication will boost the average profitability of each share by approximately 20%
The multiplication is scheduled for November 5th - this is the fairest way to both increase user's holdings as well as help maintain good weekly return percentages.
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pf

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Re: [ANN] HRLTCGEAR - 1 NXT/share, 30% return in two weeks
« Reply #117 on: October 27, 2014, 11:51:02 pm »

By the way, I will be announcing the cutoff to qualify for the 15% bonus shares (likely around november 2nd or 3rd) - I will announce the exact time in the next day or so, then when that time rolls around the particular block number that will be used to calculate the 15% shares to distribute.
(this will prevent last minute investors from buying into the asset too late for us to take advantage of the multiplication).
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 30% return so far
« Reply #118 on: October 28, 2014, 09:34:52 pm »

Added an additional 800 MH today.
We should be adding another close to a GH in the next day or so as well.
At the rate things are going, we will very quickly be the largest mining asset.
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cexylikepie

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Re: [ANN] HRLTCGEAR - fixed price, 30% return so far
« Reply #119 on: October 29, 2014, 01:14:58 am »

make sure to cut it off this week for dividends so we don't get diluted! :D
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