Bitcoin Forum

Economy => Securities => Topic started by: Namworld on February 05, 2013, 01:11:11 PM



Title: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on February 05, 2013, 01:11:11 PM
Quote
You may claim your S.MPOE and S.BBET on coinbr

https://coinbr.com/btct/nampt_1 (https://coinbr.com/btct/nampt_1)

Hello,

This shall serve as the official thread for them.

Current pass-throughs:
S.BBET-PT (https://btct.co/security/S.BBET-PT)
S.MPOE-PT (https://btct.co/security/S.MPOE-PT)

Currently being reviewed on BTCT.co:
None

MPEx Receipt: http://namcdn.com/mpex-statement.txt

Fee taken is set to 5%.

Regards.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Deprived on February 05, 2013, 04:24:33 PM
Just had a quick look - think you may have misunderstood one of the NO votes.

You say:

"For those asking about what happen if issuer shuts down the asset, I would not
do anything. It's a simple pass-through for those who don't have an account on
MPEx. As already stated in the contract."

It may be that what they want to see in your contract is that if the issuer does a liquidation/forced buyback then you'd pass through all funds received from that to shareholders in the pass-through.  As such funds aren't dividends they aren't covered at all in your contract.

Alternatively it could be that whoever voted that NO wants to know what will happen if YOU shut down the pass-through (I assume you'd sell shares on MPEx then distribute the proceeds without taking a fee).  Wasn't me who voted - so don't know for sure which of these two was being asked.

You may also want to add info on your pricing policy.  Say you buy shares at 1 BTC each, do you then sell them at 1 BTC, 1.1 BTC or what?  If price then falls on MPEx to 0.5 do you then relist the shares you bought for 1.0 and 0.5?  i.e. do you sell at the price you bought at or track MPEx prices?


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: itsgoldbaby on February 05, 2013, 04:48:31 PM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: superbit on February 05, 2013, 11:00:42 PM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Deprived on February 06, 2013, 01:24:54 AM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.

Why doesn't it make sense?

That's like saying "There's already a 1 MH/s fixed-rate bond on exchange X".

It's good for everyone other than the operator of the existing pass-through.  More fees for the exchange, potential profit for namworld and competition which usually helps investors.

The 5% fee may be the same - but they can compete on availabilty and pricing of the actual shares.  Only danger is that competition could increase the extent to which naked shares are sold - in an attempt to get market shares by taking risks and breaking their contracts.  DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Ukyo on February 06, 2013, 01:49:05 AM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.

Why doesn't it make sense?

That's like saying "There's already a 1 MH/s fixed-rate bond on exchange X".

It's good for everyone other than the operator of the existing pass-through.  More fees for the exchange, potential profit for namworld and competition which usually helps investors.

The 5% fee may be the same - but they can compete on availabilty and pricing of the actual shares.  Only danger is that competition could increase the extent to which naked shares are sold - in an attempt to get market shares by taking risks and breaking their contracts.  DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).

Actually, when speaking to him earlier, I think he said he only briefly thought he accidentally naked shorted. He did in fact have the shares to cover everything he sold for both sites. :)


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Deprived on February 06, 2013, 02:00:49 AM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.

Why doesn't it make sense?

That's like saying "There's already a 1 MH/s fixed-rate bond on exchange X".

It's good for everyone other than the operator of the existing pass-through.  More fees for the exchange, potential profit for namworld and competition which usually helps investors.

The 5% fee may be the same - but they can compete on availabilty and pricing of the actual shares.  Only danger is that competition could increase the extent to which naked shares are sold - in an attempt to get market shares by taking risks and breaking their contracts.  DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).

Actually, when speaking to him earlier, I think he said he only briefly thought he accidentally naked shorted. He did in fact have the shares to cover everything he sold for both sites. :)

The ones he sold tonight on both sites are largely naked - he's intending to cover them when evorhees releases the next batch in an hour's time.  Or that's what he said when I asked about it in his thread.

My point wasn't so much about that - as that one effect of competition is potentially to increase risk-taking (which in the case of pass-throughs means selling naked in the expectation of being able to buy coverage cheap).  Aside from that, competition is good for investors - as pass-through operators can't then get away with leaving up overpriced offers (NOT an accusation against DT - just a general point).


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: superbit on February 06, 2013, 02:50:53 AM
Because you are essentially listing the exact same security on the exact same exchange.


There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.

Why doesn't it make sense?

That's like saying "There's already a 1 MH/s fixed-rate bond on exchange X".

It's good for everyone other than the operator of the existing pass-through.  More fees for the exchange, potential profit for namworld and competition which usually helps investors.

The 5% fee may be the same - but they can compete on availabilty and pricing of the actual shares.  Only danger is that competition could increase the extent to which naked shares are sold - in an attempt to get market shares by taking risks and breaking their contracts.  DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Deprived on February 06, 2013, 03:30:58 AM
Because you are essentially listing the exact same security on the exact same exchange.

The security listed on the exchange is the pass-through NOT the underlying asset.

If you see two newsagents in the same street do you complain because they sell the same newspapers?
Two people selling exactly the same thing is the very essence of competition - the product is the same, so they have to compete on price/service.

How is competition bad?


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: superbit on February 06, 2013, 04:04:58 AM
Fair enough.

Because you are essentially listing the exact same security on the exact same exchange.

The security listed on the exchange is the pass-through NOT the underlying asset.

If you see two newsagents in the same street do you complain because they sell the same newspapers?
Two people selling exactly the same thing is the very essence of competition - the product is the same, so they have to compete on price/service.

How is competition bad?


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Namworld on February 06, 2013, 04:12:39 AM
I've added some details on the PTs pages as per suggestions/comments.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: Namworld on February 06, 2013, 07:59:34 AM
I have placed a block of 44k S.DICE-PT at their sale price in tomorrow's slice.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: MPOE-PR on February 06, 2013, 08:17:30 AM
DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).

This indeed sounds dangerous and unwise. BTC financials are still very volatile, and prices can move significantly in minutes.


Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: DeaDTerra on February 06, 2013, 12:11:33 PM
There is a S.Dice passthrough already on BTCT.co, GSDPT. Exactly the same 5% fee as well.

I agree, doesn't make much sense.  BTCT seems to be the best exchange these days, hopefully the majority of assets will end up on it.

Why doesn't it make sense?

That's like saying "There's already a 1 MH/s fixed-rate bond on exchange X".

It's good for everyone other than the operator of the existing pass-through.  More fees for the exchange, potential profit for namworld and competition which usually helps investors.

The 5% fee may be the same - but they can compete on availabilty and pricing of the actual shares.  Only danger is that competition could increase the extent to which naked shares are sold - in an attempt to get market shares by taking risks and breaking their contracts.  DeadTerra has acknowledged that he's selling unbacked share with the plan to then cover them - something that has risk associated with it (if the price then rises sharply and he can't personally afford to cover the difference).  It's the only way he can realistically try to meet the demand with these new batches being sold - but is a potential disaster if something gos wrong (e,g, he loses his net connection for a few hours around the time the batch is released).

Actually, when speaking to him earlier, I think he said he only briefly thought he accidentally naked shorted. He did in fact have the shares to cover everything he sold for both sites. :)

The ones he sold tonight on both sites are largely naked - he's intending to cover them when evorhees releases the next batch in an hour's time.  Or that's what he said when I asked about it in his thread.

My point wasn't so much about that - as that one effect of competition is potentially to increase risk-taking (which in the case of pass-throughs means selling naked in the expectation of being able to buy coverage cheap).  Aside from that, competition is good for investors - as pass-through operators can't then get away with leaving up overpriced offers (NOT an accusation against DT - just a general point).
This was not actually the case, I ran the numbers to check if there were any naked shares and if so how many.
In fact I had 940k shares in my account but I had only issued 933k shares. The 240k shares purchased in the first batch was enough to cover the newly issued shares.
Hence all shares were covered at all times, as I received criticism for the potential of naked shares, I will make sure that all shares are cover.
//DeaDTerra



Title: Re: [BTCT.co] MPEx Pass-throughs
Post by: usagi on February 06, 2013, 01:19:42 PM
This was not actually the case, I ran the numbers to check if there were any naked shares and if so how many.
In fact I had 940k shares in my account but I had only issued 933k shares. The 240k shares purchased in the first batch was enough to cover the newly issued shares.
Hence all shares were covered at all times, as I received criticism for the potential of naked shares, I will make sure that all shares are cover.
//DeaDTerra

As long as you go to cover the shares right away a naked sale to take advantage of overpricing on another exchange should be fine. I would actually expect it.


Title: Re: [BTC-TC] MPEx Pass-throughs
Post by: MPOE-PR on February 06, 2013, 04:44:56 PM
What I don't understand in all this is...can the asset owner just create more shares?


Title: Re: [BTC-TC] MPEx Pass-throughs
Post by: Deprived on February 06, 2013, 04:58:55 PM
What I don't understand in all this is...can the asset owner just create more shares?

On BTC.CO/LTC Global there's no way for an asset owner to create new shares - it currently has to be done manually by burnside.

Personally as everything I run is either a bond or a fund (a pass-through is really a fund where the assets are 1 share of the underlieing per unit sold) I just created them with an arbitrary huge number of shares: the number authorised doesn't matter (much) practically for bonds/funds, just the number sold.  For stocks obviously it's different - but a pass-through to a stock is NOT a stock (shares/units in it have no direct rights in respect of the underlieing asset).  Having said that I listed the pass-throughs to BBET and DICE as stocks - because that's how most investors will think of them and their behaviour will seem as though they're stocks in nearly all circumstances.

Looks like namworld follows a similar policy - with 1,000,000 shares created for each of his pass-throughs.


Title: Re: [BTC-TC] MPEx Pass-throughs
Post by: Namworld on February 06, 2013, 08:24:29 PM
What I don't understand in all this is...can the asset owner just create more shares?

On BTC.CO/LTC Global there's no way for an asset owner to create new shares - it currently has to be done manually by burnside.

Personally as everything I run is either a bond or a fund (a pass-through is really a fund where the assets are 1 share of the underlieing per unit sold) I just created them with an arbitrary huge number of shares: the number authorised doesn't matter (much) practically for bonds/funds, just the number sold.  For stocks obviously it's different - but a pass-through to a stock is NOT a stock (shares/units in it have no direct rights in respect of the underlieing asset).  Having said that I listed the pass-throughs to BBET and DICE as stocks - because that's how most investors will think of them and their behaviour will seem as though they're stocks in nearly all circumstances.

Looks like namworld follows a similar policy - with 1,000,000 shares created for each of his pass-throughs.

Indeed, it is convenient to leave room to grow. Prevents Burnside from having to constantly update the amount available.

And damn, I hadn't realized you were running the same on LTC-GLOBAL with the exact same names for BBET & DICE.


Title: Re: [BTC-TC] MPEx Pass-throughs
Post by: Namworld on February 07, 2013, 09:40:31 AM
I have now added a link to MPEx receipt in the pass-through details page, signed to the same key ID that signed the statement in the issuer's details, as well as in this thread's op.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on February 13, 2013, 05:59:36 AM
There seems to be very limited amount of these shares for sale, do you plan on selling more?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on February 13, 2013, 07:52:45 AM
Yes,

I sell as needed/ base on demand.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: burnside on February 13, 2013, 09:24:07 AM
I'm rather enjoying the cheap shares.  Thank you!


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on February 18, 2013, 10:59:24 AM
Added more shares on the market, as well as updating the MPEx receipt to prove ownership.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on February 23, 2013, 06:10:59 AM
S.MPOE - February 2013

Per share
979.88886371 BTC / 1'000'000'000 S.MPOE = 0.00000097988886371 BTC

5% Fee
0.00000097988886371 * 95% = 0.0000009308944205245 BTC

Rounded up
0.00000094 BTC


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on March 04, 2013, 04:41:46 PM
S.BBET - February 2013

Per share
5.44167918 BTC / 10'000'000 S.BBET = 0.000000544167918 BTC

5% Fee
0.000000544167918 * 95% = 0.0000005169595221 BTC

Rounded up
0.00000052 BTC


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on March 05, 2013, 12:57:43 AM
S.DICE - February 2013

Per share
13'242.81849617 BTC / 100'000'000 S.BBET = 0.0001324281849617 BTC

5% Fee
0.0001324281849617 * 95% = 0.000125806775713615 BTC

Rounded up
0.00012581 BTC


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: GIANNAT on March 05, 2013, 09:25:55 PM
Let's see how it goes


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: burnside on March 10, 2013, 10:37:09 AM
Hey there.

Someone asked me on the btct.co asicminer-pt what happens if I get hit by a bus.  (I have arrangements in place.)  But it made me think about the other assets I hold.  I have a bunch of S.DICE-PT, I'm wondering what happens to the shares if anything happens to you?

Cheers.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: DeaDTerra on March 10, 2013, 10:54:32 AM
Hey there.

Someone asked me on the btct.co asicminer-pt what happens if I get hit by a bus.  (I have arrangements in place.)  But it made me think about the other assets I hold.  I have a bunch of GSDPT, I'm wondering what happens to the shares if anything happens to you?

Cheers.

Hi :)
I currently have a deadmans switch activated.
If something were to happen to me a email will go out to one of my friends which I trust to liquidate all assets and pay out.
I am also considering placing Jon on this list, as it might be easier for him as he has direct access to the assets.
//DeaDTerra


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: MPOE-PR on March 10, 2013, 01:31:24 PM
I'm wondering what happens to the shares if anything happens to you?

They just sit around waiting for Judgement Day basically.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: burnside on March 10, 2013, 05:25:49 PM
Hi :)
I currently have a deadmans switch activated.
If something were to happen to me a email will go out to one of my friends which I trust to liquidate all assets and pay out.
I am also considering placing Jon on this list, as it might be easier for him as he has direct access to the assets.
//DeaDTerra

Heh, I was hoping to hear from Namworld on this one.  ;)

They just sit around waiting for Judgement Day basically.

As the official PR person for MPEx I hope this isn't an official response.  I'd hope to see some form of cooperation between the exchanges to get shareholders taken care of... ?



Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: DeaDTerra on March 10, 2013, 05:30:33 PM
Hi :)
I currently have a deadmans switch activated.
If something were to happen to me a email will go out to one of my friends which I trust to liquidate all assets and pay out.
I am also considering placing Jon on this list, as it might be easier for him as he has direct access to the assets.
//DeaDTerra

Heh, I was hoping to hear from Namworld on this one.  ;)

They just sit around waiting for Judgement Day basically.

As the official PR person for MPEx I hope this isn't an official response.  I'd hope to see some form of cooperation between the exchanges to get shareholders taken care of... ?


Yea sorry xD I got confused if it was my thread or not lol :P
//DeaDTerra


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on March 11, 2013, 04:22:38 AM
Hey there.

Someone asked me on the btct.co asicminer-pt what happens if I get hit by a bus.  (I have arrangements in place.)  But it made me think about the other assets I hold.  I have a bunch of S.DICE-PT, I'm wondering what happens to the shares if anything happens to you?

Cheers.

I have backups of private keys/BTC addresses relatives know about, as well as what I owe.



Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: burnside on March 13, 2013, 03:32:00 AM
Hey there.

Someone asked me on the btct.co asicminer-pt what happens if I get hit by a bus.  (I have arrangements in place.)  But it made me think about the other assets I hold.  I have a bunch of S.DICE-PT, I'm wondering what happens to the shares if anything happens to you?

Cheers.

I have backups of private keys/BTC addresses relatives know about, as well as what I owe.

Awesome, thanks!


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on April 01, 2013, 08:48:01 PM
S.MPOE - March 2013

Per share
393.78088035 BTC / 1'000'000'000 S.MPOE = 0.00000039378088035 BTC

5% Fee
0.00000039378088035 * 95% = 0.0000003740918363325 BTC

Rounded up
0.00000038 BTC


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on April 01, 2013, 09:05:10 PM
S.BBET - March 2013

Per share
50.1472201 BTC / 10'000'000 S.BBET = 0.00000501472201 BTC

5% Fee
0.00000501472201 * 95% = 0.0000047639859095 BTC

Rounded up
0.00000477 BTC


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: medicine on April 06, 2013, 01:33:57 AM
Looks like the S.DICE divs were just published on MPEx. 

Lets hope for a better April.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on April 06, 2013, 02:41:25 AM
S.DICE - March 2013

Per share
890.176245 BTC / 100'000'000 S.DICE = 0.00000890176245 BTC

5% Fee
0.00000890176245 * 95% = 0.0000084566743275 BTC

Rounded up
0.00000846 BTC

Looks like the S.DICE divs were just published on MPEx. 

Lets hope for a better April.

Well the house can't always have good months. Hopefully it will be better next month.



Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: bb999 on June 06, 2013, 01:40:54 AM
May has just come out as 0 dividend and an overall loss for Satoshi Dice. I don't know personally but my guess is the Bitcoin gambling space will only become more and more competitive.  What does the community think about its future as an investment?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: ar9 on June 06, 2013, 01:42:26 AM
Well, put it this way.

As of right now, Satoshi Dice is up 2500BTC in the last 5 days.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on June 06, 2013, 04:26:45 AM
Indeed, it varies a lot from month to month.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: albon on July 01, 2013, 05:22:09 PM
Hi

Any idea when dividends for June will be applied on BTC-TC?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 03, 2013, 09:18:32 AM
Hi

Any idea when dividends for June will be applied on BTC-TC?

They've been distributed except for S.DICE, pending payment of dividend on MPEx.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: medicine on July 04, 2013, 03:11:04 PM
Who's buying 1 sdice pt at a time? What's the point of trading pennies? 
100 shares is like $25 so I guess that could be a fun hobby, but 1 share? 

I don't have many shares myself, but I think this question is fair.
 


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 05, 2013, 12:00:00 AM
Eh, same story for all assets. I really don't know. Faucet users who intend to slowly grow something without ever putting a penny in?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: igba on July 15, 2013, 07:26:21 AM
Well, put it this way.

As of right now, Satoshi Dice is up 2500BTC in the last 5 days.
"

damn


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: gog1 on July 18, 2013, 07:34:49 AM
Will investor get 95% of the payout or full payout?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 18, 2013, 08:23:53 AM
Will investor get 95% of the payout or full payout?

It's written in the details.

Quote
Asset Termination
- Should the issuer of S.DICE terminate the asset, any funds received through
this asset termination will be distributed in full without any fee taken.


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on July 18, 2013, 02:12:08 PM
Crap. I had been feeling uneasy about S.Dice lately, so I had all my shares listed for sale. Somebody bought them all up at the closing announcement, it would have been nice if the orderbook could have been cleared before that happened, I would have listed them a bit higher. I know it is not your fault, it is EVorhees's fault, and I still made profit off the shares overall, but it owuld have been nice to get 25% more for them than I did.  :(


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: twentyseventy on July 18, 2013, 05:58:09 PM
Assuming that the shares are cashed out to shareholders tonight, how long afterwards can shareholders expect to be paid out on BTC-TC?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Spekulatius on July 19, 2013, 01:53:17 AM
@ OP: How large is your the of all shares of Satoshi Dice that you manage?


Title: Re: [BTC-TC] S.DICE / S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 19, 2013, 09:09:29 PM
Assuming that the shares are cashed out to shareholders tonight, how long afterwards can shareholders expect to be paid out on BTC-TC?

Waiting for MPEx to process my withdrawal process. It's on its way to BTCT.co

@ OP: How large is your the of all shares of Satoshi Dice that you manage?

Somewhere around 245000 I think.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 20, 2013, 02:33:07 AM
Payment as been issued. S.DICE-PT is officially closed.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: usagi on July 20, 2013, 05:35:38 AM
Payment as been issued. S.DICE-PT is officially closed.

The end of an era.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: blurden on July 23, 2013, 02:51:43 PM
when does S.MPOE-PT pay out?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on July 24, 2013, 04:00:16 AM
when does S.MPOE-PT pay out?

It already paid out this month.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on July 24, 2013, 01:52:30 PM
when does S.MPOE-PT pay out?

If you go to the S.MPOE-PT page and click on the "History" tab you can see all the times they pay out dividends, typically around the first of the month.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: kokojie on August 04, 2013, 03:15:24 PM
Interesting, on btct someone just bought over a thousand shares of s.bbet above 0.003

2013-08-03 22:19:13    Market Buy    1    ฿ 0.003    ฿ 0.003
2013-08-03 09:05:16    Market Buy    11    ฿ 0.003    ฿ 0.033
2013-08-03 09:05:16    Market Buy    1000    ฿ 0.003    ฿ 3
2013-08-03 09:05:16    Market Buy    148    ฿ 0.00295    ฿ 0.4366

while s.bbet is trading on mpex at around 0.001 or less


s.mpoe is also trading at a premium on btct, though not as much

I guess this is due to the PT being so tiny, there's a lack of shares.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Logik on September 28, 2013, 12:25:15 AM
Can we please have some information on the BTCT closure and what we need to do?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: altcoiner on September 28, 2013, 03:10:07 PM
Can we please have some information on the BTCT closure and what we need to do?

x2
agree with that


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on October 13, 2013, 09:41:33 PM
I've posted news on BTCT.co, emailed to all holders. Here it is again.

Quote
Hello,

I've received news from Havelock.

With BTCT.co closing down, Bitfunder blocking US people and Havelock not accepting new assets, I will be closing down this PT.

All assets will be claimable on coinbr.com starting November 1st to be traded directly with MPEx orderbook. Coinbr's monthly fees of 0.09 BTC will be waived if you withdraw everything from your account before the end of November. I've paid for Coinbr's withdrawal fees (0.1 BTC) to be waived. You will have until the end of November to claim your assets.

YOU MUST BE ABLE TO SIGN A MESSAGE ON BITCOIND (Bitcoin-qt) WITH YOUR BTC ADDRESS ON FILE! MAKE SURE YOUR PUBLIC BITCOIN ADDRESS ON BTCT.co IS ONE YOU CONTROL IN FULL (HAVE PRIVATE KEY). YOU WILL HAVE TO PRODUCE SUCH SIGNATURE TO CLAIM YOUR ASSETS.

Regards


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on October 14, 2013, 01:48:53 PM
I've posted news on BTCT.co, emailed to all holders. Here it is again.

Quote
Hello,

I've received news from Havelock.

With BTCT.co closing down, Bitfunder blocking US people and Havelock not accepting new assets, I will be closing down this PT.

All assets will be claimable on coinbr.com starting November 1st to be traded directly with MPEx orderbook. Coinbr's monthly fees of 0.09 BTC will be waived if you withdraw everything from your account before the end of November. I've paid for Coinbr's withdrawal fees (0.1 BTC) to be waived. You will have until the end of November to claim your assets.

YOU MUST BE ABLE TO SIGN A MESSAGE ON BITCOIND (Bitcoin-qt) WITH YOUR BTC ADDRESS ON FILE! MAKE SURE YOUR PUBLIC BITCOIN ADDRESS ON BTCT.co IS ONE YOU CONTROL IN FULL (HAVE PRIVATE KEY). YOU WILL HAVE TO PRODUCE SUCH SIGNATURE TO CLAIM YOUR ASSETS.

Regards

Does that mean we have to wait until november 1st to claim the assets? Could we have them transferred to our coinbr account sooner than that?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on October 15, 2013, 07:03:36 AM
I've posted news on BTCT.co, emailed to all holders. Here it is again.

Quote
Hello,

I've received news from Havelock.

With BTCT.co closing down, Bitfunder blocking US people and Havelock not accepting new assets, I will be closing down this PT.

All assets will be claimable on coinbr.com starting November 1st to be traded directly with MPEx orderbook. Coinbr's monthly fees of 0.09 BTC will be waived if you withdraw everything from your account before the end of November. I've paid for Coinbr's withdrawal fees (0.1 BTC) to be waived. You will have until the end of November to claim your assets.

YOU MUST BE ABLE TO SIGN A MESSAGE ON BITCOIND (Bitcoin-qt) WITH YOUR BTC ADDRESS ON FILE! MAKE SURE YOUR PUBLIC BITCOIN ADDRESS ON BTCT.co IS ONE YOU CONTROL IN FULL (HAVE PRIVATE KEY). YOU WILL HAVE TO PRODUCE SUCH SIGNATURE TO CLAIM YOUR ASSETS.

Regards

Does that mean we have to wait until november 1st to claim the assets? Could we have them transferred to our coinbr account sooner than that?

Yes, it means waiting until november 1st. It's so people have as much time as possible to claim assets and then get out if they don't wish to pay monthly fees, which are not charged on empty accounts. A form will be created for people to claim assets and paste a signed message with their Bitcoin address on file.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: blueapache on October 21, 2013, 02:34:06 AM
I have seen The news . But I don't know what can I do ! wait until Nov 1st?

I must sign a message to my public withdraw address , but I don't konw what content in the sign message.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Rannasha on October 21, 2013, 05:55:00 AM
I must sign a message to my public withdraw address , but I don't konw what content in the sign message.

Presumably that will be announced later. As Namworld said in the post above yours "A form will be created ..."

Right now, you just need to ensure that the public BTC address on file in your BTCT account is one that you control and can sign messages with (so it's can't be a deposit address for some online wallet service).


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: blueapache on October 21, 2013, 09:20:11 AM
@Rannasha thank you


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on October 21, 2013, 01:22:02 PM
I must sign a message to my public withdraw address , but I don't konw what content in the sign message.

Presumably that will be announced later. As Namworld said in the post above yours "A form will be created ..."

Right now, you just need to ensure that the public BTC address on file in your BTCT account is one that you control and can sign messages with (so it's can't be a deposit address for some online wallet service).

Although, there are some online wallet services which allow you to sign messages with the address, for example blockchain.info/wallet, so it would be okay to have your public BTC address there.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on October 21, 2013, 05:16:36 PM
Although, there are some online wallet services which allow you to sign messages with the address, for example blockchain.info/wallet, so it would be okay to have your public BTC address there.

Although not all wallets sign in the same format. It would be important for format to be the same as Bitcoin-qt


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on October 21, 2013, 06:20:50 PM
Although, there are some online wallet services which allow you to sign messages with the address, for example blockchain.info/wallet, so it would be okay to have your public BTC address there.

Although not all wallets sign in the same format. It would be important for format to be the same as Bitcoin-qt

Is there a way to check if the wallet uses the same format as QT?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on October 31, 2013, 05:02:38 PM
You may now redeem your S.MPOE and S.BBET on the CoinBr, the MPEx Broker.

CoinBr will need a signature from your Bitcoin address on file on the 1st November.

CoinBr can buy your shares at the 30d average price quoted on the form + div accumulated since form is placed online.
CoinBr can also add the shares to a CoinBr account along with accumulated divs for you to trade. You may stick with CoinBr (monthly fee) or withdraw before the end of the month. 1st withdrawal fees will be waived.

https://coinbr.com/btct/nampt_1


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Peter Lambert on November 01, 2013, 01:15:49 PM
Reserved post

Any update on the share transfers to MPEx/Coinbr?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on November 01, 2013, 04:58:24 PM
Reserved post

Any update on the share transfers to MPEx/Coinbr?

Yes, updated the post


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: rini17 on November 01, 2013, 05:02:32 PM
I confirm above Namworld's announcement. Feel free to use CoinBr support email shown in the bottom of page or contact me via pm/irc.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Atruk on November 01, 2013, 07:27:18 PM
I confirm above Namworld's announcement. Feel free to use CoinBr support email shown in the bottom of page or contact me via pm/irc.

I guess I'll spam my referral link here since it was suggested on -assets https://coinbr.com/ref?c=a6P4RWfUKU (https://coinbr.com/ref?c=a6P4RWfUKU)


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Atruk on November 01, 2013, 09:06:43 PM
I guess I'll spam my referral link here since it was suggested on -assets https://coinbr.com/ref?c=V1CUawCMeE
Good idea
I've acted on worse ideas.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: blueapache on November 06, 2013, 02:15:38 AM
I have transfered s.bbet-pt to coinbr.com , and October 2013 Dividend , But I didn't receive the dividend on coinbr.com , Why ?


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Atruk on November 06, 2013, 02:19:58 AM
I have transfered s.bbet-pt to coinbr.com , and October 2013 Dividend , But I didn't receive the dividend on coinbr.com , Why ?

I believe there wasn't an dividend for the most recent period.


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: Namworld on December 02, 2013, 11:28:34 PM
Still claims left to do. Don't forget to claim on https://coinbr.com/btct/nampt_1 (https://coinbr.com/btct/nampt_1)


Title: Re: [BTC-TC] S.MPOE / S.BBET Pass-throughs
Post by: rini17 on December 03, 2013, 12:43:26 PM
Still claims left to do. Don't forget to claim on https://coinbr.com/btct/nampt_1 (https://coinbr.com/btct/nampt_1)
Yes, we are keeping the process open for now. Just added the dividends;direct buyout prices will continue to be updated once a week.

Nmworld, maybe many people forgot they have some shares and you need to email them directly?