Ken should be thanking Streets and VBS (if I got that right) big time. They've done the sales job.

Let's please have a straight answer to this share issue as soon as possible.

Going back to the important question, how many more shares are there to push and what is the plan for them?

It looks like he's handling it ok although I don't think it should have happened in the first place (and a few people have said the same to me outside of these forums). Pushing stock is something that should be done with diligence and respect to all shareholders.

Well I'm in for the long term but you need both types of traders.

However, even as a long term shareholder I feel this was a poor move. You should be keeping the market on side, especially after such a successful day.

There's certainly room on btct for some more share sales. Bitfunder, not so sure.

Send it to me and you can have a copy of Eufloria

Yes, I do the same sometimes.

Yes, but it would also piss some people off?

Maybe to sell 500k more he could spread something like 150k over 3x50k (0.28, 0.29, 0.3) on Bitfunder and 400k on BTCT (which has a lot more liquidity).

Not sure what others think, or if the range should be wider (0.28, 0.3, 0.32)?

I'm not sure there is a correct decision. Adding shares at all right now is not really ideal but I can understand.

Ken, after this how many more more shares to issue out?

As an investor, it's disconcerting to have new share walls issued unexpectedly and we need to know to have confidence. Pick price and spread carefully too.

Hmm, well I have edited my post somewhat as I was deeply unimpressed with the blog post about the MMO, and the attitude towards people submitting artwork.

One can never know whether something will be a success, but you do learn to work out the odds.

How many shares remain to be put up?

Haha!

Nah, I've no interest in getting into an argument about this.

I've made my point as a non-investor from the game industry. People will make up their own minds from here and MPOE-PR can run this how he wants. He doesn't need to spend time defending his proposition from me as I'm not investing, and I've seen how those type of threads pan out.

If you are considering investing, i believe I've pointed enough out so you know the right questions and risks.

Yeah, and wasted a load of BTC in the process by bidding against himself. Sheesh.

Pretty unbelievable eh. Let's see what happens next...

That's on bitfunder, or does he handle btct as well?

btct wall has gone. Wow. Days quicker than I expected.

Has the SDICE money arrived yet?

If I'm an investor in games, I need to know if I'm investing in:

An MMO
An outsourcing business
A f2p iOS/Android developer (original content, cloneville?)
An investment fund for games (what types?)
A particular game (platform, multi-platform, IP ownership)

I need to know the particulars about dividends.
I need to know all relevant experience.
I need to know development strategy, costs, schedule, and key staff.

All of these are completely different, require different skill sets, different levels and kinds of experience, and their own unique business plan.

I've seen mention of middleware but not a lot more. MMOs are ludicrously high risk and very difficult to do. I know people who have actually done it without much experience so I know it is possible, but they went into it extremely knowledgable, well advised, really knew their design stuff, and it's still been (and is) incredibly difficult and expensive (Path of Exile, developer in New Zealand).

The only one I'd even consider investing in if someone didn't have game industry experience is an outsourcing business, but they'd still need a partner who knew the business or they'd need a really good plan and have all the industry stats and figures at their finger tips.

I know this is the wild west but it's still a business and one which is asking for a considerable amount of money. Since this is an area I know well, and I know how high the failure rate is, this pitch is missing... well... almost everything. In the nicest possible way. And I don't want the first big Bitcoin games investment to be like that. Any investment in a game developer is high risk money in the first place, but it should at least be an investment into the right business.

So, back to your question. If it is part of their plan then that should be clear to investors. Moreover, they need make clear the particulars - of which there are many.

EDIT: As a spokesperson, MPOE-PR is doing a spectacularly poor job. You're asking for that much money and you don't think you should need more than a name and the word 'Game'? That's ridiculous. As is saying that there is no particular area planned to concentrate in - you *have* to know, you don't just pull it out of a hat and say 'well the f2p model is going pretty well so we may do that'. The more I re-read this thread, the worse I realise this is.

S.MG should state what their -full- plan is and how they intend to work it within the game sector. Far too much money involved to be allowed to wing it.

Investors - most investors in games lose money. That's not because they are investing in the wrong people necessarily, it's a viciously competitive market place where right place, right time, and talent all need to come together. Investing when you don't even really know what you're investing in multiplies that risk a hundred fold unless that person has a great track record in that precise area.

And if it's mostly to be invested in the MMO linked to in this thread, run away. Run away now. I just don't even know what to say - it's way, way off the mark.

I've only just spotted this thread so sorry for being late to the party. I've run a game studio for nearly 20 years. I've worked on all sorts of good and crap stuff in that time, mostly in the background so you wouldn't know of us. Lots of licensed work, that sort of thing.

On the indie side I've worked on Alien Hominid (came before Castle Crashers, check it out), Cletus Clay (unfinished, long story! Be awesome when done!) Derrick the Deathfin and Eufloria (Apple's iPad Game of 2012 runner-up, multiple award winner, 500K+ sales). Look them up if you want - they're all interesting in their own ways. 2 of the 3 released ones have sold extremely well. I'm currently working on a Eufloria spin off. I've worked on most platforms and know plenty of people in the industry.

I also set up the Bitcoin Bundle, with the kind support of Ron & Kyle (World of Goo) amongst others.

So that's my background - hence I think I'm qualified to talk about game investments (you may disagree).

I'll say this up front - I'm not an MMO expert and I won't pretend to be, but I do have some knowledge of the area and friends whose very business it is.

• Any game is extremely high risk. Most are never finished, most that are will flop.
• An MMO is extremely difficult to pull off, let alone without serious experience. You have to be hugely talented and be making something that stands out from the crowd with new visuals or game dynamics. Even cloning is not going to work (and is more difficult to do well than people imagine)
• If you are going to do a successful MMO, it's going to cost a lot of money and take a very long time.
• I did see that TAT's fund implied money will be made in various ways but I know this industry very well - details please.

In general, as an experienced game developer who has seen & experienced pretty much everything, good and bad, I wouldn't touch this as an investment. The attitude feels wrong, approach is wrong from what I can see, and the experience isn't there.

That's just my opinion and it doesn't mean I wish them the guys ill will or that they won't succeed. In fact I hope they do succeed and if they ever wanted advice they can always ask, but as an investment I can't recommend it .

If people do want to invest Bitcoin in games, I can come up with a vastly better way to do it. If I could raise thousands of Bitcoins, I'd allocate it to 2 or 3 really good, unique projects which are well beyond the paperwork stage. And it'd still be high risk, just rather less of one.

I would love to do such a thing so if someone wants to talk to me about it, PM me please.

Thanks - good to know. This forum really needs a thanks button. Or a bitcoin tip bot. (tho why 150->250k?)

This isn't an AsicMiner thread so I'll limit this to an ActiveMiner comparison. AM is 'established' (for Bitcoin!) so the share has a value beyond the dividend. It's seen as a safe place to store money, has room for more share gains (partly because of this), and will earn an income. ActiveMiner's share price is based upon the risk/reward of the business plan, so future dividend predictions are vital.

Probably something missed - did you email correctly? Mine were done within 24 hours.

Depends how low they sell. I'm doing the maths on ActiveMiner vs AsicMiner (AM) at the moment. I've got more AsicMiner holdings than ActiveMiner and expect AM to go up very significantly now. If they hit 6, which is unlikely but possible, the equivalent price of ActiveMiner must be 0.0032 to have made it break even to hold this morning (@4.7 BTC for AM) or 0.029 if AM hits 5.5. AM is almost certainly going to hit 5 within 24 hours

Next week's AM dividends are expected to be good plus I believe an announcement is due so we may find ActiveMiner shares available below 0.003 (up to 20% profit) so some may cash in for AsicMiner again.

Decisions decisions. I may just go 50:50 on each for now.

Penny for anyone else's thoughts?

To be fair, I still have concerns over ActiveMiner having researched its founder and background more. Too many basic mistakes, not enough clarity, and then yesterday's pull at 150k then a push of 250k somewhat later (Bitfunder). The basic plan is fine, but there is a lot to prove.