Bitcoin Forum
October 17, 2019, 02:06:17 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
Author Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx  (Read 315719 times)
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 21, 2013, 09:11:16 PM
 #1181


Think anyone with half a brain knows it's the expected profits that matter not the actual results (unless there's reason to believe double-spend or something is happening).  Of course that (people with a half a brain) is only a small minority of members here.
WEEKLY BONUS Unlimited Faucet&Fastest Dice PLINKO DICE CRASH ROULETTE PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571277977
Hero Member
*
Offline Offline

Posts: 1571277977

View Profile Personal Message (Offline)

Ignore
1571277977
Reply with quote  #2

1571277977
Report to moderator
1571277977
Hero Member
*
Offline Offline

Posts: 1571277977

View Profile Personal Message (Offline)

Ignore
1571277977
Reply with quote  #2

1571277977
Report to moderator
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 21, 2013, 09:15:05 PM
 #1182


Think anyone with half a brain knows it's the expected profits that matter not the actual results (unless there's reason to believe double-spend or something is happening).  Of course that (people with a half a brain) is only a small minority of members here.

In the long run yes, it is the expected profits that matter. But in the short run it is the actual results that determine the dividend payout, and those are not looking so good this month.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 21, 2013, 09:36:47 PM
 #1183


Think anyone with half a brain knows it's the expected profits that matter not the actual results (unless there's reason to believe double-spend or something is happening).  Of course that (people with a half a brain) is only a small minority of members here.

In the long run yes, it is the expected profits that matter. But in the short run it is the actual results that determine the dividend payout, and those are not looking so good this month.

Right - which logically shouldn't lower the price by more than the difference the bad luck has made to this month's dividend.  Which is essentially no change given that the price trades in a band much wider than that every day anyway.

The rise in BTC vs USD price is a better reason for the price to drop really.  Not because there's any proven link between BTC price and S.DICE price - but because anyone holding S.DICE who believes BTC is in a bubble should likely sell the S.DICE and convert to USD then buy back in after the (what they believe to be) bubble collapses.  I don't subscribe to that theory myself, but at it has some logic to it.
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 22, 2013, 03:09:00 AM
 #1184

Think anyone with half a brain knows it's the expected profits that matter not the actual results (unless there's reason to believe double-spend or something is happening).  Of course that (people with a half a brain) is only a small minority of members here.

Looking at the charts - S.DICE lost about 40% off its peak on something like 1-2k BTC volume. That's less than 5% of the third party holdings, and probably a good estimate for about half the "small investors" that have access to it.

It could be that the smalltimers/shorttermers panicked already and left (at a discount - of course). The whales don't seem to be moving. On this theory the price will remain depressed while the longer term players absorb the short term players' holdings as cheaply as possible, after which trade freezes/price explodes because nobody's selling.

Just a theory, I like armchairing as much as the next gal.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
BTCdude007
Sr. Member
****
Offline Offline

Activity: 686
Merit: 250



View Profile
March 22, 2013, 04:45:20 AM
 #1185

If I were running SD, I'd seriously consider getting rid of the less than 1,2,4,8 bets.

The amount bet on these odds (thanks to the dooglus charts!) is so small compared to the approx. even money bets, but the
variance introduced is huge.

Unless the wins can be used for marketing and promotion...
RationalSpeculator
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

This bull will try to shake you off. Hold tight!


View Profile
March 22, 2013, 05:06:09 AM
 #1186

Think anyone with half a brain knows it's the expected profits that matter not the actual results (unless there's reason to believe double-spend or something is happening).  Of course that (people with a half a brain) is only a small minority of members here.

Looking at the charts - S.DICE lost about 40% off its peak on something like 1-2k BTC volume. That's less than 5% of the third party holdings, and probably a good estimate for about half the "small investors" that have access to it.

It could be that the smalltimers/shorttermers panicked already and left (at a discount - of course). The whales don't seem to be moving. On this theory the price will remain depressed while the longer term players absorb the short term players' holdings as cheaply as possible, after which trade freezes/price explodes because nobody's selling.

Just a theory, I like armchairing as much as the next gal.

Are you counting since the ipo at 0.0064? It is valued now at say 0.038, so indeed that is about -40%.

I have the impression more has been bought than 1-2k btc volume. I estimate Havelock alone has bought more on mpex since the ipo of 0.0064 ?

MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 22, 2013, 02:07:13 PM
 #1187

Are you counting since the ipo at 0.0064? It is valued now at say 0.038, so indeed that is about -40%.

I have the impression more has been bought than 1-2k btc volume. I estimate Havelock alone has bought more on mpex since the ipo of 0.0064 ?

What "IPO of 0.0064" are you on about? The asset page is here. Did you happen to ever look at it? Says quite clearly

Quote
(b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC each ; one block of 3`000`000 (three million) shares at a price of 0.0037 BTC each.

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

When I say "40% off its peak" I mean exactly that: off its peak. Highest it ever traded was something like 0.0075.

How much capital does sdice have for that currently?

If you go by how much was actually raised so far through selling shares, about 50k BTC. If you go by how much could be raised by selling more shares who knows, probably a degree of magnitude more than that. There's another 60-70k that the site produced as total net revenue so far.

In other words: some guy winning half a million dollars on a lucky spin does not make a dent. There's fewer than half a dozen corps in Bitcoin that can make this sort of payout, and S.DICE is one of them. This is a big deal.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
dooglus
Legendary
*
Offline Offline

Activity: 2730
Merit: 1182



View Profile
March 22, 2013, 04:25:44 PM
 #1188

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

Just-Dice                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   Play or Invest                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   1% House Edge
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 22, 2013, 04:39:30 PM
Last edit: March 22, 2013, 04:51:43 PM by Peter Lambert
 #1189

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

Read the quote you are replying to?

Edit: OK, I just noticed people lost a decimal point. Maybe I need to get a bigger monitor, it is easy to miss stuff like that especially in the smaller font of a quote block.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
wtfvanity
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


WTF???


View Profile
March 22, 2013, 04:42:28 PM
 #1190

Are you counting since the ipo at 0.0064? It is valued now at say 0.038, so indeed that is about -40%.

I have the impression more has been bought than 1-2k btc volume. I estimate Havelock alone has bought more on mpex since the ipo of 0.0064 ?

What "IPO of 0.0064" are you on about? The asset page is here. Did you happen to ever look at it? Says quite clearly

Quote
(b)Based on their knowledge of the company and its assets, as well as on evaluation of market demand, current profitability and projected evolution, the representatives of SatoshiDice have elected to offer in this IPO a total of 10`000`000 (ten million) shares, as follows : one block of 2`000`000 (two million) shares at a price of 0.0032 BTC each ; one block of 5`000`000 (five million) shares at a price of 0.0034 BTC each ; one block of 3`000`000 (three million) shares at a price of 0.0037 BTC each.

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

When I say "40% off its peak" I mean exactly that: off its peak. Highest it ever traded was something like 0.0075.

How much capital does sdice have for that currently?

If you go by how much was actually raised so far through selling shares, about 50k BTC. If you go by how much could be raised by selling more shares who knows, probably a degree of magnitude more than that. There's another 60-70k that the site produced as total net revenue so far.

In other words: some guy winning half a million dollars on a lucky spin does not make a dent. There's fewer than half a dozen corps in Bitcoin that can make this sort of payout, and S.DICE is one of them. This is a big deal.

Basic math was never really one of the forums strong points.

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
ColdHardMetal
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
March 22, 2013, 04:44:40 PM
 #1191

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

Read the quote you are replying to?

You read the quote you're replying to!

 Cheesy

Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
March 22, 2013, 04:49:47 PM
 #1192

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

Read the quote you are replying to?

Check the order of magnitude maybe?
dooglus
Legendary
*
Offline Offline

Activity: 2730
Merit: 1182



View Profile
March 22, 2013, 06:04:27 PM
 #1193

So someone won "lessthan 1" again.  Only the min bet this time, 0.01 BTC -> 640 BTC.  But that pretty much finishes off the profits for the month.

    http://www.satoshidice.com/lookup.php?tx=44a7e34a

    http://i.imgur.com/PKM3G3O.png

Just-Dice                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   Play or Invest                 ██             
          ██████████         
      ██████████████████     
  ██████████████████████████ 
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
    ██████████████████████   
        ██████████████       
            ██████           
   1% House Edge
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 22, 2013, 06:24:14 PM
 #1194

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

I lost a zero because it looked like a donut and I ated it.  Undecided

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
wtfvanity
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


WTF???


View Profile
March 22, 2013, 07:51:48 PM
 #1195

What "say 0.038" are you on about?

Quote
<assbot> [MPEX:S.DICE] 1D: 0.00320003 / 0.00433909 / 0.00559697 (56642 shares, 245.78 BTC), 7D: 0.00320003 / 0.00449755 / 0.0058822 (343788 shares, 1,546.21 BTC), 30D: 0.00300001 / 0.00587057 / 0.00673999 (2388432 shares, 14,021.48 BTC)

It is valued at 0.043 on the day's average (56k shares) or 0.0058 on the month's average (2.4mn shares).

What 0.043 are you on about?  Wink

I lost a zero because it looked like a donut and I ated it.  Undecided

Basic math was never really one of the forums strong points.

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
TradeFortress 🏕
VIP
Legendary
*
Offline Offline

Activity: 1176
Merit: 1023


View Profile
March 22, 2013, 10:52:21 PM
 #1196

So someone won "lessthan 1" again.  Only the min bet this time, 0.01 BTC -> 640 BTC.  But that pretty much finishes off the profits for the month.

    http://www.satoshidice.com/lookup.php?tx=44a7e34a

    http://i.imgur.com/PKM3G3O.png
And SDICE might have a loss requiring a carryover.
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 22, 2013, 11:06:39 PM
 #1197

SDICE profit is gonna be all delicious donuts this month.
FTWbitcoinFTW
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
March 24, 2013, 08:48:41 AM
 #1198

Quote
because I discovered the other one is even better.

Good luck with that atm

Quote
Also Erik resides in US if I understand correctly

I seem to have read he is not US resident anymore, or on his way   *can't find the post after quick search so i'm not 100%

Quote
I experience gov shutdown as the biggest uncertainty/risk

With FINCEN, i thinks they're ok. They didn't touch any $$ so for US is not gambling ? (i'm right ?)

The biggest risk for my in the next years is a BTC at +500$. Which would divide by 50 the revenue/volume (in fiat) since i bought the shares

Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
it has lots of buttery taste..
ShireSilver
Sr. Member
****
Offline Offline

Activity: 383
Merit: 253



View Profile WWW
March 24, 2013, 11:19:15 AM
 #1199

Quote
Also Erik resides in US if I understand correctly

I seem to have read he is not US resident anymore, or on his way   *can't find the post after quick search so i'm not 100%


I noticed a change on his Facebook account, plus a few nice pictures of his new place. Inspiring, IMHO.

Shire Silver, a better bullion that fits in your wallet. Get some, now accepting bitcoin!
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 24, 2013, 01:01:34 PM
 #1200

They didn't touch any $$ so for US is not gambling ? (i'm right ?)

Afaik this is correct.

The biggest risk for my in the next years is a BTC at +500$. Which would divide by 50 the revenue/volume (in fiat) since i bought the shares

If you're familiar with how bonds work, the valuating factor is demand not interest offered. If in the next years BTC is at 500+ it's conceivable that pure BTC revenue streams become a lot rarer and thus a lot more valuable. Hard to call it in the future, but still, in a deflationary currency any %, even 0.0000001% is a good thing. I've heard calls for negative interest rates (which obviously can't work in practice, but you get the idea).

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!