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Assuming betting remains steady SDICE should see rise in bitcoins received (and stock value in BTC) when BTC/USD falls. Reverse if it rises.
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I want to thank Ukyo for letting me take out as much of my btc as I want any time of day.
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What matters more to me is the ultra-steady 1.9% edge line because that's indicative of longer term profits and this month - the last few days in particular- have shown it getting pretty close to flat.
Can someone remind me why we care about the 1.9% margin? I mean, if I wanted to make 1.9%, on average, for a term of say one year, then I might as well keep my fiat in the bank and not assume the risks associated with the stock price or SD being out-competed. Not to mention the risk associated with BTC/USD rate that apparently influences SD share price. Your bank pays you 1.9% on every transaction? Even with bad months, and splitting profits 100m ways, SDICE probly pays better interest than anything your bank offers... |
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Trading is not done via IRC, trading is done by ... the irc bots, ...
Make up your mind, is it or isn't it done by IRC? Why are you being difficult? IRC trading was an added feature to combat the bad DDOS attacks a month or so ago. You CAN use it, you do not HAVE to. |
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After the last few days with all this going on i have move to www.wemineltc.com and plan to leave my miners there and ofc i have learned set auto payouts low to cut down on the risks of getting hit like this Guys, everyone is SO excited about wemineltc! ... .... ... . . .  |
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You sure there won't be a short rally Sunday/Monday first?
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If you haven't already done so, could you run an analysis testing whether there are possibly ASICs mining above and beyond what ASICMINER and Avalon have publicly noted?
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2 simple questions:
1) Is this bot writing naked calls
2) If bot lost money, YOU (bond holder) loose your invested principal and promised %?
That's one question and statement, which, ironically, contains your answer. |
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If I've understood this right the 1.9 edge figure reflects the "BTC In" sum and the 1.9% line on the chart showing pretty flat tells me that 'BTC In' in is also pretty flat. Have I missed something here?
I don't think so. I think you're both looking at much the same thing, in that they're both indicators of the bet volume rather than the (short term) profitability. The following is the amount of "BTC In" for SatoshiDice.com for four 4-week periods: BTC IN Jan 16th 1992532 Feb 13th 1174083 Mar 13th 240936 Apr 9th 121371 Thanks both. That clears that one up for me and is affirmed by looking at the upper chart of dooglus's pair for the same time frames where we can see the 1.9% edge line showing proportionally the same jumps over the same time periods. I was under the understanding however that the primary reason for the massive drop after Feb was more to do with the disappearance of a 'whale' rather than anything to do with usd/btc. But maybe ThickAsThieves, your assumtion has some merit in explaining the halving in revenue between the latter pair of periods. This is not as obvious just by looking at the charts - which lazily has been my means of keeping tabs on how my investment is doing. The whales certainly distorted things. Would be great to have them back though. |
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If I've understood this right the 1.9 edge figure reflects the "BTC In" sum and the 1.9% line on the chart showing pretty flat tells me that 'BTC In' in is also pretty flat. Have I missed something here?
I don't think so. I think you're both looking at much the same thing, in that they're both indicators of the bet volume rather than the (short term) profitability. The following is the amount of "BTC In" for SatoshiDice.com for four 4-week periods: BTC IN Jan 16th 1992532 Feb 13th 1174083 Mar 13th 240936 Apr 9th 121371 |
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You can buy shares at the following places:
havelockinvestments.com
bitfunder.com
btct.co
coinbr.com
mpex.co
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Short run up, then a deep run down.
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The sums provided are all-time cumulative. You need to do some math to compare changes in BTC In over time. More hints: Compare the daily BTC In from the last 2 or 3 reports. Then compare the BTC In for the last four 4-week periods. Then realize that SDICE income is highly tied to BTC/USD.
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Auctioning USB miners is not ideal. Just pick a price and sell them. If they sell out, too bad, wait for next batch.
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Expect it to look a lot better in coming days. With BTC value lowering, people will make larger/more BTC bets.
It was the same price or less for all of march ! didn't see people make large bet in march !? Yes, I'm not seeing that happening either - especially given that many will have bought them at a much higher price than today. My guess is they might treat them with a little more care. However there's always the new influx which I still suspect make up the majority of plays. You both don't see it because you aren't looking in the right place. Hint: "BTC In" |
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Expect it to look a lot better in coming days. With BTC value lowering, people will make larger/more BTC bets.
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stocks....
You mean bitcoin stocks, or? |
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