Oops, sorry, missed you! I'll send you another payment as a penalty to myself.
Thanks, it is much appreciated. I will gladly keep wearing the Ripple is a scam banner. |
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How do I put it in that fancy yellow in my sig?
Address needed. Others, paid. Thanks! How far have you paid up through? I'm not seeing a transaction to my posted address either in my wallet or blockchain.info... |
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My idea is that sport fans are very good target group to propose them smth a-la "special for you".
It is easier and safer to understand and communicate (in terms of nobody else but you and the shop knows your name, e-mail and address) with what you like personally than listening to broker's "everything you want, just give us the link".
It is just my own opininon, of course...
That is an interesting sentiment the way bitcoin and sports betting seem to pair together so naturally. Is there any existing examples? I only bet on BeatTheStreak, which is free to bet, but has only one big prize in fiat. There's two I really use: bitbook.biz - features accounts where you can maintain a balance and betting is comparatively easy bitcoinsports.eu - accountless betting, a bit more challenging to track your bets, but you don't keep a running balance there. This site's a bit different from a traditional book in that its parimutuel event betting, but I've probably the most reliable site in the long run: BitBet.us - Number of events they carry is low, but the variety is rather large (as are the sums bet), the operators also have much more to lose in reputation needed for their other businesses as an incentive to not go rouge. Read through the gambling forums to do a bit of research on your own though. Bitcoin betting is still a bit of a wild west and its hard to tell when an operator is going to go rogue or just suddenly close up shop. There might be better books that I've just been afraid of or not had time to try. |
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My idea is that sport fans are very good target group to propose them smth a-la "special for you".
It is easier and safer to understand and communicate (in terms of nobody else but you and the shop knows your name, e-mail and address) with what you like personally than listening to broker's "everything you want, just give us the link".
It is just my own opininon, of course...
That is an interesting sentiment the way bitcoin and sports betting seem to pair together so naturally. |
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Dividend day will be coming up soon-ish... anybody have predictions?
4000 Satoshi / share. Followed by an epic collapse of the share price to .0012 The bids in the orderbook are making it seem like any meaningful volume of share dumping would easily take it much lower... |
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Wow. It did pass. And with not even one no vote.
So much for the peer review process. Now folks on BTCT.co have the opportunity to get ripped off as well.
Lol @"peer review process". Are we back in 2012, the year of citizen dentistry? 2012 was a full six months ago now. The crowds have already forgotten or been replaced by new "enthusiasts" as a new cycle starts. Maybe the crowds miss the circuses? Maybe these masochists want to be the animals whipped in the ring and are glad to pay the price of riding the hype till it hurts (again). |
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ASICMINER at IPO seemed a good opportunity to me. At the time my fund was tiny - and GLBSE happened to close when our holding of it were low. But it was the first (and only for about 6 months) share that I intentionally purchased as a long-term holding. That decision is documented in my thread back then. The 2nd such investment was DMC - a totally shite investment but it became worth holding due to its own holdings of ASICMINER after ASICMINER did well. We actually made more from DMC than from ASICMINER itself.
On the bet you linked the Yes side is actually a great bet - not because there's any likelihood of BBET becoming massive this year but because there's a not insignificant chance of an S.DICE collapse. i.e. the bet can be won by S.DICE losing market cap to below BBET as well as by BBET gaining market cap to above S.DICE. I'd still favour the No side but for two factors:
1. With the current odds of about 1:3 I'd be taking on CP risk and the risk of losing the bet in return for tieing up capital for 6 months for a 30% profit. That's just totally unattractive.
2. If MPEx were ever to delist S.DICE they MIGHT declare a win for Yes - as immediately after delisting they could argue S.DICE had a market cap of 0 (not being present in any market it wouldn't have a market cap - even if that were only temorary pending relisting elsewhere). With MPEx/BBET run by same people there's conflicts of interest there I wouldn't want to go near (on the No side). S.DICE is almost certainly in breach of its contract - by charging operational expenses to investors (when the contract explicitly limits what can be charged to expenses for promotion and development) - so delisting is far from impossible.
Whether ASICMINER's worth its current value or not is open for debate. My take on it is to look at what income you believe is sutainable for it then work out what share price would be warranted with a similar P/E ratio to S.DICE or S.MPOE.
You probably did more research into the AsicMiner matter than I did though (full disclosure: nearly zero research was done by me). As to the yes bet, it seemed more remote back when I made it in February. I was kind of counting on the complete collapse of SatoshiDice before the end of the year to win the money (And maybe a larger uptake of good old honest event betting). Erik breaking contract I don't think was even on the table at that time. |
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You need to read the comments made in context to see just how off the mark MPOE-PR was.
Specifically it's already paid out more in dividends in the last 3 months than she claimed the shares were worth at most.
I agree with MPOE-PR on a lot of things - on that issue she was utterly wrong. I also undervalued ASICMINER (I sold at about 0.75 BTC - clearly an error with hindsight). What I got wrong was the extent to which BFL and AVALON would totally screw up and leave ASICMINER able to help themselves both to Mining and to sales - and, perhaps most importantly of all, to credibility. What MPOE-PR got wrong was the assumption that EVERYTHING not on MPEx is crap and will fail. Being listed on MPEx is neither a pre-requisite for success (see ASICMINER) or a guarantee of success (see BitVPS, S.BBET so far and the Giga pass-through). FWIW I personally consider a security to be a definite success when (and only when) investors have received back at least the average IPO cost in dividends/final payment. Until then it can only be a likely success that could still end up a failure if the operator ran with the cash - as recovery of funds in scammed/dead BTC securities is pretty much nonexistent.
I tend to agree with you. Hindsight though is a horrible way to make decisions when you invest. I made a yes bet here as a gamble because it is a thrilling opportunity for disproportionately large returns. Given the information at the time it was bold and risky, and it is still a longshot bet (though not quite as long anymore). Even with ASICMiner's stellar actual performance there hasn't been a time where one the hype is filtered that it has seemed to me to be worth quite what its trading for. Even with their credibility and competitor's lack thereof. I am not an investment person. I am not a finance person. I am a gambling person, but without using hindsight I can't look back and with the information (or lack thereof) think there was a time when ASICMiner seemed like a good opportunity. |
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This is actually the important point. There still exists a contingent of people "investing" who'd be best served by taking their BTC capital whatever it is, depositing with just-dice (which is provably fair!), fixing their desired rate of return to whatever they consider reasonable and pushing the button.
Yes they will eventually lose the capital. That is EXACTLY what will happen on all the various PMBs, "crowdfinance", "assets", "securities" and assorted scams out there that they patronise. The only notable difference is that just-dice takes 1% on the long term, whereas the troop of scammers take whatever they can get, probably about 30% or so net average overall.
Rather than trying to "invest" with some dead in the water t-shirt manufacturer or zero-hash waste heat producer or mentally-ill owned and operated Bitcoin merchant or "lend" with BitJam or "trade" with Bitfinex or what have you, the forum muppetry would obtain much better results simply rolling for it.
The only criteria they use are the rate of return, the only thing that interests them is for the intervals to be as short as possible (what monthly reports, weekly is too long for these people, they literally have the unchecked insanity to propose someone calculate the books daily and post their "winnings"). That's pretty much the extent of this magical "research" they do, that's their 'due dilligence". Why bother then with an ad hoc, informally-specified, bug-ridden, slow implementation of half of a dice site ? Why feed the scammers ? Just roll for it! Want 5% "interest" ? Want 3.5% "dividends" ? Load a Bitcoin or whatever you're "investing" into the dice site and roll for it. Your capital will on average survive for longer this way than your "invested" "portofolio" that you're "managing" would have. And you don't even have to wait, you can click the button for a new "dividend" period as soon as you're ready to see the results.
Source. Discuss. Aren't you the one who said ASICMiner was terrible, a scam and everyone who invests in it are retarded when it first began? BTC3.45 later... That doesn't mean it isn't overpriced. Much as S.Dice found itself overpriced earlier this year (and is probably overpriced again now). |
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Atruk
1FbvVr4ggMZ4yZ9kZDteiu5znNdUow6Py9
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I am shocked that noone does anything about this . I hoped someone would be mad that this was done and find who he is or even his place , this is about 2000$+ scam , Thats almost 2 months of my income  I mean thats biiiig. Why hasnt anyone tried to do something about it yet? I mean I have no idea how to hack or anything but there must be something with computers to do so in cryptocurrency forum right ? Google Trendon Shavers. Last anyone heard he was doing just fine. |
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Personally I blame mp's vagina banner for the spike in traffic that took the server out.
Huh. I didn't see that in the chat log. Screenshot? refresh til it shows... i lol every time Personally I blame mp's vagina banner for the spike in traffic that took the server out.
Huh. I didn't see that in the chat log. Screenshot? Refresh a few times Hmmm. Nothing vag-ish there. I don't suppose you two have a bet on how many pageviews bitbet gets in the next half hour, do you? Edit: Hang on, that's not some unshaven dude with a pout wearing lipstick .... I like the ad and can not wait for Dooglus to scale up hosting so that Our Chosen dice overlord Dooglus can dethrone Erik. |
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U never trust anybody with Jake in his name
So much this. It seems almost that the scammers have deemed it a meme. May something have mercy on actual Jakes (maybe they could use Jacob or their middle names). |
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Looks incredibly legit. It will probably kill SatoshiDice in the market if given time. |
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I think you need to get some SEO  [image] Lol I don't think it will be a problem very long. |
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1Q62zUyS2bP6yqgdJmXbpP5vHWgJRyLvQ1
guess 43
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There are a lot of members who have been victums of scammers that PM me about adding sites to bitcoinscammers.com I'm adding bitbet but I'd like more information on the scam because it looks p2p without owner interference. Bitbet.us is about as legit as parimutuel betting sites get. While some things the proprietor says on their blog are controversial, Mircea is probably one of the most informed actors in BTC finance. I could see S.DICE (the security) going on the warning list though after Erik pulled the stunt earlier this month (later rescinded) where he would withhold dividends to pay back the betting pool which had mysteriously turned into a "personal loan" from him to S.Dice. That and the other lax record keeping that may mysteriously arise to bite investors would seem the S.Dice security is at high risk of operator (i.e. Erik) dysfunction. Then there is their mysterious "new improved site" that never appears and questionable payroll expenses. Mircea is a proven liar and an elitist idiot, just read his blog, quite fascinating to feel inside of the mind of a douchebag for 5 minutes and Erik well, he's Erik, you can tell about him by the people he is associated with. I think MPOE-PR is Mircea himself, but that's just all my opinion, no solid proof (aside from the fact that Mircea is a liar). In addition to the controversial/offensive content he has a lot of useful gems like this piece on hedging as a miner. If anything I think the offensive stuff serves as a filter to weed out readers who aren't serious enough about business to consider the useful information he provides. I'm also rather certain MPOE-PR is a distinct human being who works for Mircea. He seems busy enough with all the time he spends on IRC, with his other ventures, and with the girls that I think being his own forum PR would require him to possess some sort of time machine. Some sort of device like the one in that confusing film Primer might work. |
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There are a lot of members who have been victums of scammers that PM me about adding sites to bitcoinscammers.com I'm adding bitbet but I'd like more information on the scam because it looks p2p without owner interference. Bitbet.us is about as legit as parimutuel betting sites get. While some things the proprietor says on their blog are controversial, Mircea is probably one of the most informed actors in BTC finance. I could see S.DICE (the security) going on the warning list though after Erik pulled the stunt earlier this month (later rescinded) where he would withhold dividends to pay back the betting pool which had mysteriously turned into a "personal loan" from him to S.Dice. That and the other lax record keeping that may mysteriously arise to bite investors would seem the S.Dice security is at high risk of operator (i.e. Erik) dysfunction. Then there is their mysterious "new improved site" that never appears and questionable payroll expenses. |
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i can give you 2 cents..
you must leave feedback for 200 btc
This isn't Ripple. That being said I will sell BTC1000 for BTC1.25 |
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