Step 7

Reached Step 7 today with my 0.50 HRK coin find. Also found 1 cell phone and couldn't found it's owner.

Step 6

Last week I found first banknote for my Found Assets Project! It put me right at the end of Step 6. Less then 3 HRK and Step 6 is completed.

First 2.00 HRK Coin

Today I found a first coin of 2.00 HRK. Total find for today was 2.90 HRK, which allowed me to reach Step 4.

Hoard of Coins

Today I found a nice little hoard of coins with 16 coins in total. There were 15 coins of 0.20 HRK and 1 coin of 0.10 HRK. Total value of 3.10 HRK. Additionally, I found single coin of 0.50 HRK, which makes today's total of 3.60 HRK. Today's find puts me just at the top of Step 3. :)

New Doubling Project

After some pause from the world of doubling, today I started my new doubling project...

http://foundassets.blogspot.com/

I will play my new doubling project by the following rules:

Rule 1. You must start this project from absolutely nothing.
Rule 2. Finding assets is the only activity that is allowed in this project.
Rule 3. You are not allowed to process found assets in any way, you can only sell them as you find them.
Rule 4. You are allowed to add your labor and your equipment when searching for assets.
Rule 5. If your current step results in more than doubling, then you must carry the surplus onto the next step.
Rule 6. You are not allowed to spend one cent of the project's money.
Rule 7. You must keep a diary of events.

Official currency for Found Assets project is Croatian kuna (HRK). Steps are:

Step 1: 0.00 - 1.00
Step 2: 1.00 - 2.00
Step 3: 2.00 - 4.00
Step 4: 4.00 - 8.00
Step 5: 8.00 - 16.00
Step 6: 16.00 - 32.00
Step 7: 32.00 - 64.00
Step 8: 64.00 - 128.00
Step 9: 128.00 - 256.00
Step 10: 256.00 - 512.00 (Rounded to 500.00)
Step 11: 500.00 - 1,000.00
Step 12: 1,000.00 - 2,000.00
Step 13: 2,000.00 - 4,000.00
Step 14: 4,000.00 - 8,000.00
Step 15: 8,000.00 - 16,000.00
Step 16: 16,000.00 - 32,000.00
Step 17: 32,000.00 - 64,000.00
Step 18: 64,000.00 - 128,000.00
Step 19: 128,000.00 - 256,000.00
Step 20: 256,000.00 - 512,000.00 (Rounded to 500,000.00)
Step 21: 500,000.00 - 1,000,000.00
Step 22: 1,000,000.00 - 2,000,000.00
Step 23: 2,000,000.00 - 4,000,000.00
Step 24: 4,000,000.00 - 8,000,000.00

Off to searching for my first found asset. :-)

Asset: a single item of ownership having exchange value.
 

Rules and Steps

Since my yesterday's Declaration I decided to switch back to old Rules and old Steps. So here are my Rules and Steps...

Rule 1. You must find the first coin. You must not use your own money.
Rule 2. You must use only the stake money during the current doubling attempt.
Rule 3. During the first fifteen steps you must use the actual coins and notes gained in the preceding step.
Rule 4. If your current step results in more than doubling, then you must carry the surplus onto the next step.
Rule 5. If your current action results in less than doubling, then you may use as much of the original stake and profit to complete this step.
Rule 6. You must keep a diary of events.
Rule 7. Don't worry about how you are going to manage future doublings. Concentrate only on the current doubling.
Rule 8. You're not allowed to spend one cent of the money (apart from as a stake) until you complete all steps. Then it's all yours.
Rule 9. You must not divert money into the system which you would have got anyway had you not been doing the system.
Rule 10. You must use only the stake money, and not 'stolen' or 'hidden' resources.
Rule 11. If you 'fail' on a step, you must drop down the 'snake' until you arrive at the step represented by your remaining money - and start again from that step.
Rule 12. You are allowed to add your labor.
Rule 13. Use the stake money to create a value which you can sell for more.


Currency: Croatian kuna (HRK)

Step 1: 0.00 - 0.10
Step 2: 0.10 - 0.20
Step 3: 0.20 - 0.40
Step 4: 0.40 - 0.80
Step 5: 0.80 - 1.60
Step 6: 1.60 - 3.20
Step 7: 3.20 - 6.40
Step 8: 6.40 - 12.80
Step 9: 12.80 - 25.60
Step 10: 25.60 - 51.20 (Rounded to 50.00)
Step 11: 50.00 - 100.00
Step 12: 100.00 - 200.00
Step 13: 200.00 - 400.00
Step 14: 400.00 - 800.00
Step 15: 800.00 - 1,600.00
Step 16: 1,600.00 - 3,200.00
Step 17: 3,200.00 - 6,400.00
Step 18: 6,400.00 - 12,800.00
Step 19: 12,800.00 - 25,600.00
Step 20: 25,600.00 - 51,200.00 (Rounded to 50,000.00)
Step 21: 50,000.00 - 100,000.00
Step 22: 100,000.00 - 200,000.00
Step 23: 200,000.00 - 400,000.00
Step 24: 400,000.00 - 800,000.00
Step 25: 800,000.00 - 1,600,000.00
Step 26: 1,600,000.00 - 3,200,000.00
Step 27: 3,200,000.00 - 6,400,000.00
Step 28: 6,400,000.00 - 12,800,000.00


It is again focus on real doubling, not just looking for lost money.

The power of Doubler's Creed works for me. :-)

"We are Doublers and Penny Pickers. And Adventurers and Wannabe Millionaires. Who day and night go step by step with duty, honor and pride. And neither sickness, nor disease, nor ridicule, nor bad night vision, nor lack of finding change, nor ever finding the national treasure, will stay us from the swift completion of our sporadic rounds. Ever."

Step 11 Completed!

Today I went to the bank to exchange euro coins I found for DYWTAMP for HRK (official currency of DYWTAMP). I got 29.50 HRK for 4.10 EUR. That put me well into Step 12. I started to work on plans for Step 12. It is strange how our plans and decisions work for us. Since I made a declaration yesterday that I will give my best to complete Step 12 for half less time than I needed for Step 11, I immediately started to think more creatively about the ways to complete Step 12. Without my declaration I would probably just continue to look for lost money. This way I will try to find something creative to speed up my progress in Step 12.

Stake: 118.87 HRK

DYWTAMP Declaration

I joined my fellow doublers at Doubler's Den and declared my own Declaration of Doubling...

I will complete Step 11 by tomorrow.
I will complete Step 12 by August 19, 2010.

I also decided to accept Doubler's Creed that my friend doubler, Xinfinitum, posted today on his blog. The Creed is as follows...

"We are Doublers and Penny Pickers. And Adventurers and Wannabe Millionaires. Who day and night go step by step with duty, honor and pride. And neither sickness, nor disease, nor ridicule, nor bad night vision, nor lack of finding change, nor ever finding the national treasure, will stay us from the swift completion of our sporadic rounds. Ever."

Stake: 89.17 HRK

DYWTAMP Update

Long time since my last post. Since then I manage to complete Step 5. Current stake is 88.67 HRK. I also have about 25 HRK in EUR coins. Once I exchange them to HRK I will be well off in Step 6. Since my last post first anniversary of DYWTAMP occurred as well (March 1).

Stake: 88.67 HRK

Plastic Bottles

Nothing much to report. Didn't find any money. There is a snow for several days now, so it is impossible to find any coins. I did notice during previous snow periods that after the snow there are always lots of coins on the streets. Possibly because people lost them and can't find them due to the snow.

I did manage to find some plastic bottles. Total count of bottles found is 6, and once I hit 10 I will go to redeem them for money. I also have to go to the bank to sell euro coins I found. That will put me in Step 6.

Stake: 69.30 HRK

Fourth Year Of This Blog

This blog started back in January 2007 as my doubling blog. Since then I abandoned my initial doubling project, started few new, changed rules, played with it and having good time.

To many more doubling years. :)

Happy New Year

This is last post for 2009. We found 0.45 HRK today, so the first year of DYWTAMP will end with 69.20 HRK in stake money. It all started on March 1, 2009. And it is all achieved with finding lost assets.

Finding lost assets will continue to be main activity for DYWTAMP in 2010 as well. It would be great if I manage to complete Step 7 during 2010.

Happy New Year!

Stake: 69.20 HRK

New Steps

I also reworked steps for DYWTAMP...

Step 1: 0.00 - 5.00
Step 2: 5.00 - 10.00
Step 3: 10.00 - 20.00
Step 4: 20.00 - 40.00
Step 5: 40.00 - 80.00
Step 6: 80.00 - 160.00
Step 7: 160.00 - 320.00
Step 8: 320.00 - 640.00
Step 9: 640.00 - 1,280.00
Step 10: 1,280.00 - 2,560.00
Step 11: 2,560.00 - 5,000.00
Step 12: 5,000.00 - 10,000.00
Step 13: 10,000.00 - 20,000.00
Step 14: 20,000.00 - 40,000.00
Step 15: 40,000.00 - 80,000.00
Step 16: 80,000.00 - 160,000.00
Step 17: 160,000.00 - 320,000.00
Step 18: 320,000.00 - 640,000.00
Step 19: 640,000.00 - 1,280,000.00
Step 20: 1,280,000.00 - 2,560,000.00
Step 21: 2,560,000.00 - 5,000,000.00

Official currency for DYWTAMP remains Croatian kuna (HRK). At least until euro become official currency in Croatia.

New Rules

I prepared new set of rules that will better reflect the fact that the focus of this project is on finding lost assets. Here they are...

Rule 1. You must start this project from absolutely nothing.
Rule 2. Finding lost assets is the only activity that is allowed in this project.
Rule 3. You are not allowed to process found assets in any way, you can only sell them as you find them.
Rule 4. You are allowed to add your labor and your equipment when searching for lost assets.
Rule 5. If your current step results in more than doubling, then you must carry the surplus onto the next step.
Rule 6. You are not allowed to spend one cent of the project's money.
Rule 7. You must keep a diary of events.

Money spot

Today we found 1.70 HRK near parking meter at the shopping center where we go very often. Many times we find money at the exactly same spot. This is certainly one of those money spots for us. Everybody can find one of those money spots. It is everywhere where people pay something, and especially where they had to insert coins in different machines. Parking meters, arcade machines, kiddie rides etc. Great places to look for lost money.

Stake: 68.75 HRK

Other found assets:
- 2.90 EUR
- 1.00 NOK
- 1 used phone card
- 3 plastic bottles

Nice Find

Today we made a nice find - 1.85 HRK. We found that money during a short, easy walk in our neighborhood. It was spread in three different locations. We didn't made such find for a long time. Few days ago we also found three plastic bottles. I decided to add that as well to my DYWTAMP. I can redeem it for 1.50 HRK.

I also figured that I never logged 1.00 NOK my daughter and I found few weeks ago, so I added that to DYWTAMP found assets. According to Oanda.com it's current value is 0.87 HRK. As always with foreign currency I will add it to the stake once I exchange it to Croatian currency (the official currency of DYWTAMP).

I'm working on rewriting the rules of DYWTAMP to better express the fact that the only activity I do for DYWTAMP is finding lost assets.

Stake: 66.35 HRK

Other found assets:
- 2.90 EUR
- 1.00 NOK
- 1 used phone card
- 3 plastic bottles

DYWTAMP Treasure Chest

This is a picture of my current DYWTAMP stake...



I like how it looks. :)

I found this interesting article about treasure hunting...

What is Treasure Hunting

Author: Peter Bankss

Treasure hunting is a rather contagious pastime. For some, it can become an obsession (in the best sense of the word!). People worldwide are fascinated with the hobby of treasure hunting.

Coming across a valuable item in your treasure hunt can be a real thrill. Even an item that may not have monetary value could be personally attractive to the right hunter.Part of the thrill is in the chase; not knowing what you may find lends a sense of mystery and intrigue to the treasure hunt.

In years past, a treasure hunt could have been a very dangerous quest. Pirating was rampant, with several competitive and devious hunters often after the same prize. Quite often, the myth or rumor of a valuable buried or sunken treasure led to bloodshed and fighting between hunters.

Before airplanes became the preferred method of worldwide travel, those in search of life in a new land would travel by ship to their new destination. As it could take months to sail from one continent to another, passengers were unsure if they would even return to their home land. They would pack up all of their worldly possessions to take with them to the ‘new world’. One might pack several trunks of furs, coins, jewelry, dishware, and other valuable goods to take with them to their new life.

These ships laden with valuable items were prime targets for pirates.Ships were always on the look out for pirates that may try to board and rob, or even kill, the passengers onboard. While this high seas robbery is certainly not called treasure hunting, it demonstrates just how vulnerable these ‘treasures’ were. People traveling away from home were not only vulnerable to theft while sailing; these pirates had no qualms about robbing a ship after a natural disaster struck.

Ships sailing far from home had to endure terrible storms, barrier reefs,extremely high waves and more as they slowly made their way from one point to the next. Unfortunately, many ships succumbed to the dangers they faced, and sank.

Before GPS and radio, it was really anyone’s guess where they ship may have gone down. Tales and fables would develop about the location of the sunken ship and its possible contents. For example, if a royal family member or businessman was on board, one might assume that quite a bit of valuable merchandise sank with the ship.

If the ship was not immediately located, an air of mystery would develop around the tale as it was passed down through generations of curious people. Those will the resources and desire would undoubtedly go in search of the ship in an effort to recover some of the ‘treasures’ on board. These expeditions were treasure hunts in the truest sense of the word!

A treasure may also be something that a person unfortunately lost. Of course, if you find a valuable item, you should make every attempt to return it to its rightful owner. But in most cases, the owner is never found, leaving the treasure hunter as the new owner. We’ll discuss great places to find this kind of treasure a little later on, but some items that you could expect to come across include watches, rings, coins, or necklaces.

Other treasures may have been worthless when they were disposed of, but have now become so rare or desirable that they have increased in value. Arrowheads from battles past; carvings; certain stones, etc can all prove to be valuable finds.

Before there were designated garbage dumps, unwanted items were often buried or simply thrown into the bush. Over time, these items were long forgotten. However, finding a rare dish, for example, that can be traced to a certain crafter or era could be a real treasure.

Some treasures may have absolutely no monetary value at all, but could be very sentimentally valuable to the right person. Old family photos, a favorite teddy bear, or a letter from your first love would all be great treasures to find. It would rare to stumble across a sentimental treasure unless you were specifically looking for it, but it can happen!

Whatever your reason for treasure hunting; whatever you are searching for, you are sure to find a few surprises along the way! Treasure hunting is truly a hobby for anyone to enjoy.

About the Author:

Annie Bankss

Author

A Beginner's Guide To Treasure Hunting

Article Source: ArticlesBase.com - What is Treasure Hunting

Long time with no post

Well, it was a long time since my last post. I just count all my finds and compare it with my last reported stake. Since my last post, me and my treasure hunters found 0.75 HRK and 2.20 EUR. Biggest find is 2.00 EUR coin that my dad made sometimes in November. Now I have 64.45 HRK, and 2.90 EUR. I can sell found euro coins for about 20.00 HRK which is really great. I also have one used phone card that I found back in September. I think that maybe I could sell it to some collector. I also found one plastic bottle back in August. Unfortunately, I don't have it anymore as my wife throw it in trash.

Will continue to look for lost treasures for my DYWTAM Project. I decided that this will be my strategy for this Project. I could call it treasure hunting, I guess.

Stake: 64.45 HRK

Other found assets:
- 2.90 EUR
- 1 used phone card

Weak October

October turned out as weak month regarding found money. I found only 0.70 HRK. Only event that make it somewhat better was my dad's find of 0.70 EUR that he gave to DYWTAMP. I could get about 5 HRK which will be great addition to stake money.

At the beginning of this month I also tried to buy some stuff through online auction site in order to resell them for profit. I lost both auctions, but in any way that represent the beginning of new activities in DYWTAMP, aside of finding lost money.

Hope November will see larger increase of DYWTAMP funds.

Stake: 62.08 HRK