Post
Topic
Board Securities
Re: [Havelock] Bitcoin Difficulty Derivative (BDD) [Update May 3, 2015]
by
bmarch
on 18/05/2015, 17:23:17 UTC
Nope at the end of this month or sooner when the "purse" hits near 0 game is over no refunds, nothing just the last daily dividend.

Then "hopefully" a new round  will start and we'll have to buy back in to fill the "purse".

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I have asked Havelock multiple times to remove the 'Annual Yield' from the site, but they have not.

I've found their yield to be incredibly misleading as well. I feel as though they are using a formula which is appropriate only for persistent securities and not those like BDD.