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This doesn't look good, https://inputs.io shows this message. 404 BTC not found
Two hacks have left Inputs unable to pay Woah, this admittedly IS looking bad now  TradeFortress, please give us an update? Update please, why this message, what is the timeframe for processing withdrawals again?
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Hey Dooglus,
I've been an investor since late June and don't change the amount I have invested that much. One thing that bothers me is that other people to a certain extent control the % I own of the bankroll. (by them making withdrawals and investments)
I was thinking of a feature you could maybe implement, where I make an investment of lets say 100 BTC, keep another 100 BTC as a balance and check a box where it says I would like to keep the % I own of the bankroll as constant as possible (let's say 0.25%), investing automatically the BTC from my balance when this percentage goes down and divesting when it goes up.
This would give me a more constant exposure to the wins and losses and reduce the luck aspect we now see in investing. Another benefit is that the max profit would stay more constant than now.
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Hello,
I am looking for a service to backup my computer's data. I am looking for the following features:
- accepts bitcoin - automatic synchronization - data has to be encrypted
Any reccomendations?
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What does the chart of the entire life of the site now looks like Doog?
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I'm quite tempted to just give up on this whole thing. It looks like the site is simply at nakowa's mercy.
"The temptation to quit is the biggest right before you are about to succeed." - Chinese proverb Don't give up, there are a lot of investers who still believe in the site. And mathematically we will win in the long run. Just leave everything like it is, you have built a great website! Hopefully Nakowa winning big will draw the attention of other whales and everything will even out.
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@themagicdrake: Thanks for the charts! Shows nicely how very very lucky he was.
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should doog add a fee to encourage long term investing and maintain a consistent bankroll? perhaps a fee when you invest that is returned after a certain time?
Fee no, maybe a rake back for who keeps his bitcoins invested longer than x months. But then again it would make everything more complicated and it's the site's simplicity that makes it so nice.
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I would like the commissions to stay where they are now. And anything above 20% I would find way too much. Most hedge funds charge 20% on profits.
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Dooglus, I know you're terribly busy, but when will you be launching these beautiful charts for just-dice.com ? Now that SD is delisted I can't wait!
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Not sure who or why, but somebody just bought up ~430BTC worth of SDICE on havelock. (1901 shares)
Somethings up?
I find that Havelock is now moraly obliged to make public who made this trade. This stinks!
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A little disappointed. I was invested for the long run. I didn't give a shit about the share price, but now I am obliged to take a loss. The premium doesn't compensate for the drop in BTC share value for me.
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What's the dividend outlook this month?
Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month. Where can a person view these charts? I also noticed the huge buy today, has me interested as well. Dooglas runs JustDice, so I usually find that thread, click 'last posts of this person' on dooglas, and browse through his posts until I find the latest charts. Just clicking on this link is easier: https://bitcointalk.org/index.php?topic=80312.new;topicseen#new
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martingale is a winning strat if: - You have an infinite Bankroll
- There is no max bet on the site
In this case nakowa actually does have infinite bankroll, and the site has a max bet of ~300 BTC (before everyone divested). While it is a "winning" strategy, nakowa could have lost everything and he would be homeless, I would say that's fair. Nakowa doesn't have an infinite bankroll, and there is a max bet on the site, so we're safe!
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It isn't a statistical anomaly. He has a huge bankroll and thinks that the range from min bet to max bet is too high and allows players to successfully martingale if they have a big enough bankroll.
What do you think about that? Martingale is a losing strategy, no matter what your limits, in my opinion.
I agree with Dooglus. Nakowa was very lucky, he could have just as well ended up losing it all. There's no way you can know when to stop with martingale. Furthermore, I think that even with the profits disappearing, it was an excellent day for the site. Dooglus has once again proven to be trustworthy. That will attract other whales in the future.
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Yes it was a horrible run since February. In USD SDICE lost -40%, dividends included! It's rightful to feel bad about that.
That's not correct. If we take Dooglus for example: He invested BTC79.9924*$21.5 (median price that day) = $1719.84 And he cashed out BTC28.3309509*$75.41 = $2136.43 For a USD profit of 24%. In BTC terms it looks very bad of course, but the key when investing in anything is always to diversify. Even though he lost in BTC terms I wouldnt say it was a bad decision to put money in sdice. I am keeping my SDICE shares and have put some money in just-dice as well. I think the competition will do SatoshiDice good.
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Rather than getting our backs up, perhaps we can spend some time discussing the repayment plan and put this to bed in a professional manner?
Agree, lets repay the loan over the next 10 months or so.
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People are very negative about two things now: Gold and Bitcoin. I've heard several people who never invest (or invest at all the wrong times), say that gold and bitcoin have gone down so much and that it's ridiculous to invest in it. To me this shows it's the perfect contrarian play.
How do they even know about this? Because the mainstream media has reported on the crash of gold and bitcoin. I am buying!
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Do you too not wonder where this money is going and why there are these phantom beneficiaries... Or why there is a 7 day+ delay on Mays big announcement (That likely doesn't even exist yet)
Erik told already that it all depends on the day the bills are paid. Second, he has outlined before what stuff they are working on, if you don't have patience, you shouldn't ever invest in anything. I've told you this before, but you just won't listen. If you're not concerned about these matters, I'd love to know why. And no, 'because if Erik doesn't want say he doesn't have to' is not a sound response. If Erik wishes to conduct his business in that manner, privately, he should do a buy back. Whilst he has it offered as a public asset he certainly does hold a level of accountability to those whom he is in business with.
Erik said very recently that he is just a shareholder, he isn't paid a salary and has no obligation whatsoever. Where are the days that you didn't even understand the concept of a pass through! Why don't you go develop something that will blow us away and make SatoshiDice users run to your service? Instead of wasting your time repeating the same questions over and over again.
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I do not take a salary from SD. I am paid dividends per share like every other shareholder here, and yet I front all money for development, I have thousands of personal BTC on zero-interest loan to SD, at risk every day, to provide depth for SD's betting pool which shareholders receive the benefit of for free. I've paid significant legal expense out of pocket, for which SD shareholders receives direct benefit for free. Still, some shareholders seem to think I've "shitted on them" because the share price hasn't increased nominally along with a 10x exchange rate increase. Tough crowd.
I greatly appreciate all of this, I think its mostly the smaller and inexperienced investors that are being so vocal about their negative feelings. While a lot of bigger and long term investors keep quiet and keep having patience with the new things you are working on. It hasn't even been a year since the IPO! Yet people want to see +30% dividends every single month, otherwise they get irritated. I can understand them, it must be very hard to invest like that indeed! Keep up the good work Erik!
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