Minimum bet is .01, your first bet is a tip.
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There is a known effort for people to attempt double spends on OTHER people's bets. There's a thread somewhere about it... I don't think it actually works though.
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I saw on the S.DICE thread earlier today that Erik's recent "dumps" were a result of a large S.DICE private investor cashing out by selling to Erik, and Erik passing on a part of his shares to the market. My first thought was "I wonder if HE was the whale?".
But how do you prove it? Torture is probably the only option. Or blackmail maybe. Good luck!
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It sounds like Erik fucked up. I think he should just take responsibility for the mistake, apologize, and move on. This will damage his reputation for further issues.
No one messed up anything, and afaik most investors are happy as clams with SDICE. Maybe some are just pissed they don't have the capital and awareness to be agile in this market? Either way, this turned into a boring troll slap fight.
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Invest in SatoshiDice: https://www.litecoinglobal.com/security/S.DICE-PTThen when they pay dividends every month, they get converted from BTC to LTC, thus lifting up LTC further. As long as there are enough long-term investors, and SDICE does well, everyone stays happy.
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Tranche announcement - I'm going to keep the 3rd tranche available for another 24 hrs (until 5pm EST Saturday). After that, I'll remove it and will not be adding any other shares to the market. I'll hold on to the 4th and 5th tranches as it seems the market is satiated with the current supply.
Sounds good. Is it safe to assume that future stock releases are a possibility over time?
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Havelock users are possibly less aware, or less interested in the other passthroughs. Trust could still be a factor, but odds are they just don't know about all the other options. That's my guess.
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What happens if a huge wall gets put up again, except on the weekend?
Everyone will start guessing who put it there and why, then wait for it to disappear again. Our own millionaire and soon to be billionaire Mr. Loaded does not want to buy it, so what else is there to do? I don't think all of the bitcoin world will just wait. Some people need to sell on weekends.
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What happens if a huge wall gets put up again, except on the weekend?
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What you are really doing is making people happy at shareholder's expense. Your "opportunity" cost me 40% of my savings.
I didn't cost you anything. If you sold your shares at .0044 then you cost yourself, for selling below proper value. I'm guessing you didnt sell, and the price almost already back to where it was prior, so did I "earn" you 30% today? Well, I'm relieved that the price is almost back because it allows me to sell my shares to the idiots that don't understand that they can buy the shares for 0.0055. Though I kind of feel guilty about taking advantage of them. Don't be be so sure. What if you don't get any and the 3rd tranche is set at .0060, then you'll just be spinning your wheels. Also, it's not "taking advantage". If a buyer sees value, they buy. The dividend doesn't change based on share price.
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You are justifying your actions by assuming that people will hold their shares forever. Nobody will hold their shares forever. That is absurd.
Holding shares forever is not absurd. It is my retirement plan. Off topic. Too bad it seems that thief Michael Dell is stealing my Del shares (by buying out Dell way below their value). I know I'll probably regret asking this, but why would you own Dell shares?
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Two big walls are now up on both exchanges at 0.0056 BTC each. ( a 0.0001 BTC margin for me in case the purchase fails and I have to buy for more expensive shares). If your purchase is under 50 BTC please buy on the exchanges as it's to much for me to handle with tons of small purchases. Best Regards //DeaDTerra
Got it, thanks!
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I'm pissed that the nominal price went down sharply, causing the markets to become very difficult to trade, resulting in sub-optimal trades. Of course my anger is irrelevant, but to avoid this anger in the future, perhaps you could always sell your own shares above the market price? They will all be sold eventually because the value of the business will keep going up, and you will avoid pissing off a small group of people.
Sincere thanks for everything you do and the ideas you espouse, Erik!
He would always need to sell at under market if he wants to unload a million shares in a reasonable amount of time.
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Thank you for the update, I agree that it's an awesome opportunity, and the first thing I thought when I saw it was, "Shit, what can I liquidate to buy in?". So that's what I did, and I made it just under the wire. The share price won't take long to stabilize. And if you are a true investor, you will want Erik to do this again and again, as long as the company is profiting the way it is. When's the next drop?
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will havelock be getting a slice of the newly released 5% shares at .0044?
While I don't know the answer, it's probably unlikely considering all were sold hours ago...
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5 million? I thought it was only 1 million more?!
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That second part could still refer to regulating the issuance of new shares (more than the 100mil that exist), no?
The line is at whether the terms refer to shares that are new and added to the general total, or merely new to MPEX.
New ones can't be created AT ALL as that would dilute - which is strictly banned. So rather obviously the pricing restriction can't apply to that. A pricing restriction can ONLY apply to the issuance of shares as active - shares that are authorised but unissued (and even ones in treasury but unlisted for that matter) don't have a price as they aren't transacted. A pricing restriction can only apply to when shares are put up for sale - as that's the only time they actually have a price. I'm just playing devil's advocate here, but wouldn't a stock split be a way to create new shares without dilution?
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Now why would the second part be there if the first part explicitly said there wont be any more shares? on any other venue nor in any way to dilute existing shareholders at any point in the future.
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