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Author Topic: Dividend Day!  (Read 20668 times)

Butthead

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Re: Dividend Day!
September 02, 2016, 05:54:01 pm


There are two options I see right now:

1) Raise more funds and continue going
2) Liquidate with a buy wall at the liquidation NAV price and let people cash out.

Some might wonder why not an option 3 where I just keep going with the small capital I have right now. Answer: Even though these are bots (automated trading) it still takes time to watch them, watch the markets, make sure they're running right, pay for the servers, answer questions about the fund, etc.  I'm not financially able to do all that for just a few bucks each month.

What I need to know right now from investors is "would you put more money into the fund if I kept it going at let's say 30-50NXT / share?".

If people still have faith in this system and we can raise another 100BTC or so (a little dilution), we could start making some money again.

Please post thoughts.

LibertyNow

I might be interested. 1 btc worth. Can you explain or direct me me to the down and dirty version of what this is and past performance.

LibertyNow

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Re: Dividend Day!
September 03, 2016, 01:17:22 am


There are two options I see right now:

1) Raise more funds and continue going
2) Liquidate with a buy wall at the liquidation NAV price and let people cash out.

Some might wonder why not an option 3 where I just keep going with the small capital I have right now. Answer: Even though these are bots (automated trading) it still takes time to watch them, watch the markets, make sure they're running right, pay for the servers, answer questions about the fund, etc.  I'm not financially able to do all that for just a few bucks each month.

What I need to know right now from investors is "would you put more money into the fund if I kept it going at let's say 30-50NXT / share?".

If people still have faith in this system and we can raise another 100BTC or so (a little dilution), we could start making some money again.

Please post thoughts.

LibertyNow

I might be interested. 1 btc worth. Can you explain or direct me me to the down and dirty version of what this is and past performance.

Most information is here: http://liquidtech.info, Twitter account is @tech_liquid
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

ThankYouMaam

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Re: Dividend Day!
September 03, 2016, 04:25:34 am

I might be interested in about 1 btc worth.

LibertyNow

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Re: Dividend Day!
September 06, 2016, 08:55:39 pm

I put together a google doc spreadsheet to show everyone some of the fundraiser numbers I'm toying with.  These are not final numbers. Feel free to save the doc to your own drive and play around with them and let me know what you think.

https://docs.google.com/spreadsheets/d/1glN_eego3N1vXH530a93l_hJpFmDmV7dER_SjRdK6oM/edit#gid=0

Thanks,
LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: Dividend Day!
October 01, 2016, 01:31:34 pm

September 2016 Profit Summary

Assets: 382,719
Capital Before Dividend: 74.09 BTC
Capital After Dividend: 74.09 BTC
ROI: -17.41%
Total Profit: -6.72 BTC
Divs Paid: 0 NXT
Div/Asset: 0 NXT

Thanks to everyone who purchased more shares of LQD to help rescue the fund.  I put it to work right away and we made about 14BTC. Unfortunately, it wasn't quite enough to cover the Sept. 2 16BTC loss as the volume really slowed down the last 2 weeks and was rather weird and not really conducive to clean profitability.

If you look at the summary page: http://liquidtech.info/summary, you can see that we took smaller losses off and on as the code aggressively closed positions that were overstretched. 

Also, you might notice on the trades page that the profit margin has been less for all the trades.  I'm trying a slight adjustment to the algorithm that focuses on high volume, low profit margin.  It lowers the risk of open trades, frees up capital faster and increases volume.  We'll be crossing into the >= 12,000 BTC category on Poloniex, today which will lower our fees from .08%/.16% to 05%/.14% which will increase that profit margin back a little bit and thus profits.

I feel pretty confident right now that we can hit that 15% target this month.

Thanks for your continued support.
LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: Dividend Day!
November 01, 2016, 04:35:40 pm

October 2016 Profit Summary

Assets: 417,184
Capital Before Dividend: 74.87 BTC
Capital After Dividend: 70.51 BTC
ROI: -15.17%
Total Profit: -11.24 BTC
Divs Paid: 500,000 NXT
Div/Asset: 1.2 NXT

Asset sales continued strong this month.  It was actually a really good month until I tried to trade ZEC and the bot failed miserably. 

When ZEC opened, it looked similar to other new markets that I've bot traded quite successfully in the past.  Unfortunately, I didn't realize that the buy side is completely faked and it's the biggest pump and dump market we've had ever. I quit the bot after taking a couple steep losses around 20ish BTC in total.

I still decided to pay out 1.2NXT/asset in dividends, however, since the rest of the month was quite successful.

LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

martismartis

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Re: Dividend Day!
November 01, 2016, 07:18:28 pm

From what did you pay dividends, if profit is minus?

LibertyNow

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Re: Dividend Day!
November 17, 2016, 03:39:51 pm

From what did you pay dividends, if profit is minus?

I'd already bought a chunk of NXT that I was planning on using for dividends before I tried trading ZEC.  So I just decided to pay some of that out in dividends anyways since not counting ZEC, it had been a profitable month.  I will not be doing that this month, so unless things pick up, might not be a dividend this month.
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: Dividend Day!
December 03, 2016, 04:35:58 pm

November 2016 Profit Summary

Assets: 417,190
Capital Before Dividend: 66.59 BTC
Capital After Dividend: 66.59 BTC
ROI: -5.56%
Total Profit: -3.92 BTC
Divs Paid: 0 NXT
Div/Asset: 0 NXT

Took a loss early in the month after the US elections when BTC jammed up and all the alts dumped.  Never quite recovered so there are no dividends this month.

LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: Dividend Day!
January 01, 2017, 09:22:13 pm

December 2016 Profit Summary

Assets: 417,190
Capital Before Dividend: 62.48 BTC
Capital After Dividend: 62.48 BTC
ROI: -6.17%
Total Profit: -4.11 BTC
Divs Paid: 0 NXT
Div/Asset: 0 NXT

Happy New Year!  Hope everyone had great New Year's Eve parties. 

Unfortunately, there are no dividends again this month. The trading was mediocre and then we took a loss on our Forex account. 

On that vein, this brings us to more bad news.  I haven't heard from Mike in over 2 months.  The last contact we made, for health reasons, he asked to finish trading and transfer the remainder of our FX balance to BTC.  I agreed and he sent me 1 BTC right away and then said he could send the rest over in 2-4 weeks.  I haven't heard from him since then so I'm fearing the worst.  Before that, he was in the hospital for over a month with a really bad case of pneumonia.

If you have anyway of contacting Mike or his family, please let me know.  I've tried his cell, Skype and Slack to no avail.

The last FX trade he made is still open and no withdrawals have been made from the account.

LibertyNow
« Last Edit: January 04, 2017, 03:38:20 pm by LibertyNow »
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

EvilDave

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Re: Dividend Day!
January 02, 2017, 08:21:12 pm

Sorry to hear abut Mike, LN, hope he's OK.
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TwinWinNerD

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Re: Dividend Day!
January 03, 2017, 12:48:08 am

Damn... that sounds brutal. Hopefully something completely unrelated happend, not the worst ;(

LibertyNow

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Re: Dividend Day!
January 08, 2017, 03:24:56 am

In continued commitment to transparency, I have removed the $9k USD that was in our Forex account from the balances page and removed Mike's 7k shares.  I haven't heard from Mike in 3 months and he's either in a coma, dead or scammed me so I'm pretty sure the money in that account is gone. sigh.... :-(

Updated pages: http://liquidtech.info/balances, http://liquidtech.info/summary

LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

ThankYouMaam

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Re: Dividend Day!
January 08, 2017, 04:25:33 am

Dear LibertyNow

Thank you for being transparent.  You did leave one hopeful possibility out (he's off grid for happy reasons, traveling etc).  I've been following and investing in this project for over a year now, and I still think you're on to something with it and I still trust you. 

Right now you are a single point of failure.  I'm wondering if there is a way to spread this risk somehow?  Is there a way we could have 3 people doing multi-sigs or with shared responsibility, or at least two people with half of your login info so that the remaining 57 BTC could be secured should something horrible happen to you?

It would be great if we could devise a way that you could continue operating your bots, which are fantastic when they're just doing their thing, but also secure the asset from you dying, flaking or catching a coma?

Thanks in advance

D20160404

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Re: Dividend Day!
January 08, 2017, 04:34:28 pm

I think this is a good decision.

LibertyNow

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Re: Dividend Day!
January 11, 2017, 03:50:01 pm

Dear LibertyNow

Thank you for being transparent.  You did leave one hopeful possibility out (he's off grid for happy reasons, traveling etc).  I've been following and investing in this project for over a year now, and I still think you're on to something with it and I still trust you. 

Right now you are a single point of failure.  I'm wondering if there is a way to spread this risk somehow?  Is there a way we could have 3 people doing multi-sigs or with shared responsibility, or at least two people with half of your login info so that the remaining 57 BTC could be secured should something horrible happen to you?

It would be great if we could devise a way that you could continue operating your bots, which are fantastic when they're just doing their thing, but also secure the asset from you dying, flaking or catching a coma?

Thanks in advance

Thanks for your investment.  Yes, I hope that's really the case with Mike.

I'll consider your idea with regards to the single point of failure issue, but I've not been able to come to any solutions for it in the past.  It would require a large amount of trust and ongoing training to have somebody run it the same as me.  I think most likely, I might give instructions on how to liquidate the fund with a family member in case something were to happen.

LibertyNow
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: Dividend Day!
February 01, 2017, 03:23:49 am

January 2017 Profit Summary

Assets: 410,190
Capital Before Dividend: 69.28 BTC
Capital After Dividend: 65.88 BTC
ROI: 10.88%
Total Profit: 6.8 BTC
Divs Paid: 262,183NXT and 88,028ARDR
Div/Asset: 0.64NXT and 0.21ARDR

Well, I'm pleased to be paying out a dividend again even after writing off the FX account.  Sadly, I still haven't heard from Mike although the account is still there with the money in it and a trade still open.

The dividends totaled about 3.4BTC and new software updates seem to be chugging along quite nicely. 

After running a couple polls, I decided to split the dividend payment between ARDR and NXT. Everyone should see two dividend transactions in their accounts...one as a NXT payment and one as an asset transfer (the ARDR).

Thanks,
LibertyNow
« Last Edit: March 02, 2017, 01:04:12 am by LibertyNow »
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

rubenaco

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Re: Dividend Day!
February 01, 2017, 11:29:02 pm

January 2016 Profit Summary
You have made us a year younger! ;D

thanks for the divS! all the best!

ozfig

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Re: Dividend Day!
February 04, 2017, 01:41:01 pm

Hi everybody,
I completely lost touch with Liquid, can someone fill me in?
My LQD appear to be all gone on NXT (zero balance), altough I received ARD and NXT dividends on Feb 01.
What did I miss? Did LQD move to another chain?
Thanks

LibertyNow

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Re: Dividend Day!
February 04, 2017, 02:55:43 pm

Hi everybody,
I completely lost touch with Liquid, can someone fill me in?
My LQD appear to be all gone on NXT (zero balance), altough I received ARD and NXT dividends on Feb 01.
What did I miss? Did LQD move to another chain?
Thanks

What's your account number?
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE
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