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Bitcoin => Bitcoin Discussion => Topic started by: BitCoinNewGuy on June 03, 2013, 06:07:23 PM



Title: Satoshi Dice Dividends?
Post by: BitCoinNewGuy on June 03, 2013, 06:07:23 PM
How much does 1.00 BitCoin in Satoshi Dice stock earn & how often?


Title: Re: Satoshi Dice Dividends?
Post by: Winterfrost on June 03, 2013, 06:24:35 PM
It'sa bit hard to estimate the earnings for S.DICE because it depends on how much people play and the variability of what is won/lost. But as far as past prices and earnings go, you can look at these:

S.DICE on mpex.co: http://mpex.co/?mpsic=S.DICE
GSDPT (passthrough): https://btct.co/security/GSDPT and https://bitfunder.com/asset/G.SDICE
S.DICE-PT (passthrough): https://btct.co/security/S.DICE-PT

The passthroughs are for people that don't want to pay 20BTC to get an MPEx account. They pay 95% of the earnings of each S.DICE share and generally cost more than getting them directly on MPEx. Dividends are paid monthly for all of them.


Title: Re: Satoshi Dice Dividends?
Post by: BitCoinNewGuy on June 03, 2013, 06:52:30 PM
So basically it is not worth it.


Title: Re: Satoshi Dice Dividends?
Post by: talnted on June 03, 2013, 09:06:14 PM
So basically it is not worth it.

How did you come to that conclusion.. A passthrough is a fine alternative.  It pays like a 20% yearly return


Title: Re: Satoshi Dice Dividends?
Post by: WinVery.com on June 03, 2013, 09:14:15 PM
We park bitcoins in http://coinlenders.com , it is not an unwise decision.


Title: Re: Satoshi Dice Dividends?
Post by: drrussellshane on June 04, 2013, 12:18:03 PM
The last time I remember looking at "stock" in SatoshiDice, the dividends were very, very low.


Title: Re: Satoshi Dice Dividends?
Post by: 🏰 TradeFortress 🏰 on June 04, 2013, 12:19:16 PM
The last dividends was negative because the house made a loss, even before expenses.

Putting your coins in coinlenders is not a bad idea however :)