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Author Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx  (Read 315719 times)
556j
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August 21, 2012, 02:00:21 AM
 #161

Good luck on your shitty IPO on that shitty exchange, though.

You can't call someone else out for being unprofessional then use insulting language yourself, and be taken seriously.


When I'm the one asking for money on forums maybe you'd have a point.
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evoorhees
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August 21, 2012, 02:01:55 AM
 #162

Good luck on your shitty IPO on that shitty exchange, though.

You can't call someone else out for being unprofessional then use insulting language yourself, and be taken seriously.


When I'm the one asking for money on forums maybe you'd have a point.

I'm not asking for money. I'm offering a trade at terms I've set and those who agree are welcome to trade with me.
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August 21, 2012, 02:03:31 AM
 #163

But you updated it to imply server hack. I was thinking more along the lines of hacking off fingers of evoorhees or fireduck.

Oh! Heh...well, I figured "Owner is seized" (under External) covered that.
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August 21, 2012, 02:13:17 AM
 #164

Good luck on your shitty IPO on that shitty exchange, though.

You can't call someone else out for being unprofessional then use insulting language yourself, and be taken seriously.


When I'm the one asking for money on forums maybe you'd have a point.

I'm not asking for money. I'm offering a trade at terms I've set and those who agree are welcome to trade with me.

And I wish the best for those who buy your likely overpriced shares. I suppose the market will tell us what they are really worth.
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August 21, 2012, 02:17:41 AM
 #165

Oh! Heh...well, I figured "Owner is seized" (under External) covered that.
No those are two completely different risks.

Seizure of the owner would be effected by some government to stop the operation of SatoshiDICE.

Secret leakage would be effected by some non-governmental entity to continue operating SatoshiDICE in a completely predictable manner.

Libertarians (like Erik) are particularly easy target for the later kind of the risk.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
evoorhees
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August 21, 2012, 02:20:57 AM
 #166

Oh! Heh...well, I figured "Owner is seized" (under External) covered that.
No those are two completely different risks.

Seizure of the owner would be effected by some government to stop the operation of SatoshiDICE.

Secret leakage would be effected by some non-governmental entity to continue operating SatoshiDICE in a completely predictable manner.

Libertarians (like Erik) are particularly easy target for the later kind of the risk.


The statistics would bear that out and it would be caught, then the algorithms altered. It could be a short term loss, but not a long term loss.
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August 21, 2012, 02:29:09 AM
 #167

The statistics would bear that out and it would be caught, then the algorithms altered. It could be a short term loss, but not a long term loss.
Yeah, but why tempting the fate by precomputing the winning numbers for 10 years ahead? Nevada Gaming Control Board wouldn't be impressed.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
evoorhees
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August 21, 2012, 03:06:30 AM
 #168

The statistics would bear that out and it would be caught, then the algorithms altered. It could be a short term loss, but not a long term loss.
Yeah, but why tempting the fate by precomputing the winning numbers for 10 years ahead? Nevada Gaming Control Board wouldn't be impressed.

The blockchain makes the Nevada Gaming Control Board irrelevant. I doubt they'll be impressed much at all with Bitcoin  Wink

And anyway we can change the precomputed numbers to a new set, basically re-issue new numbers. As long as it's done publicly there is no problem (old bets are valid based on those old numbers, and new bets would be valid based on the new ones).
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August 21, 2012, 03:08:10 AM
 #169

Yeah, but why tempting the fate by precomputing the winning numbers for 10 years ahead? Nevada Gaming Control Board wouldn't be impressed.

Shhh....you've just leaked his secret. The occasional "less than 1" bet placed at just the right time to suck out excess profits so he doesn't have to dividend them out.

evoorhees
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August 21, 2012, 03:32:54 AM
 #170

Yeah, but why tempting the fate by precomputing the winning numbers for 10 years ahead? Nevada Gaming Control Board wouldn't be impressed.

Shhh....you've just leaked his secret. The occasional "less than 1" bet placed at just the right time to suck out excess profits so he doesn't have to dividend them out.



Please don't insult me.
evoorhees
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August 21, 2012, 03:37:27 AM
 #171

This is a fad and no way will last long unless you have a significant and aggressive development and growth plan. And from what I have seen, you do not but just want to cash out your expected income for 10 years today.


Gambling has been a pretty long running "fad" in human societies.

Have I not shown a path of development already? The new site is about to launch, and all that investment was done by me before any IPO announcement. SatoshiDICE is being integrated into other systems - it's already integrated into your blockchain.info wallet, and soon your blockchain.info app. More will come, rest assured. SatoshiDICE is a branded game that should be in every casino, and it has the name recognition and momentum to do it. Further, I'm not "cashing out"... I'm selling only 10% of this equity. The 90% I'm keeping while I work to grow it along with Bitcoin.
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August 21, 2012, 03:40:39 AM
 #172

What are the odds a clone site will get made and run on a non US controlled domain and the owners report the .com site to ICE to take out the competition ?

Might be better to move to a .eu or something now and get it established  Smiley


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August 21, 2012, 03:46:20 AM
 #173

The statistics would bear that out and it would be caught, then the algorithms altered. It could be a short term loss, but not a long term loss.

Sure, the gambling system would recover but the share price would go haywire.
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August 21, 2012, 03:51:36 AM
 #174

What are the odds a clone site will get made and run on a non US controlled domain and the owners report the .com site to ICE to take out the competition ?

Might be better to move to a .eu or something now and get it established  Smiley



The website itself doesn't really matter that much. He might as well copy/paste the content of that webpage onto a bitcointalk.org forum post.

Erik tries to make money in every way he can, and more power to him. He sticks to his mottos, that's for sure Smiley
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August 21, 2012, 04:02:41 AM
 #175

The blockchain makes the Nevada Gaming Control Board irrelevant. I doubt they'll be impressed much at all with Bitcoin  Wink
Dude, don't try to flatter yourself. NGCB officers know quite well what is going on. In fact one of them talked at length and shook hands with Casascius and Bit-Pay crew when they were exhibiting in LV during CES.

NGCB is a worldwide recognized authority in gaming regulation, far wider than their real authority reaches. At every moment bots scrape the http://gaming.nv.gov/ ; and if they detect any change all gaming executives worldwide will have that change translated into their local language and given appropriate interpretation first thing in the morning.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
evoorhees
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August 21, 2012, 04:26:01 AM
 #176

The blockchain makes the Nevada Gaming Control Board irrelevant. I doubt they'll be impressed much at all with Bitcoin  Wink
Dude, don't try to flatter yourself. NGCB officers know quite well what is going on. In fact one of them talked at length and shook hands with Casascius and Bit-Pay crew when they were exhibiting in LV during CES.

NGCB is a worldwide recognized authority in gaming regulation, far wider than their real authority reaches. At every moment bots scrape the http://gaming.nv.gov/ ; and if they detect any change all gaming executives worldwide will have that change translated into their local language and given appropriate interpretation first thing in the morning.


I'm not trying to flatter myself at all. I'm trying to flatter Bitcoin. Blockchain enables mathematically provable bets, and this is a game changer for gambling around the world.

We'll see how long it take for others to figure this out... and of course the NGCB is not the only entity that is made superfluous by Bitcoin.
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August 21, 2012, 04:36:44 AM
 #177

I'm sure someone made a killing with this
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August 21, 2012, 04:39:57 AM
 #178

I'm sure someone made a killing with this

No dividend payments made

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August 21, 2012, 04:43:25 AM
 #179

I'm not trying to flatter myself at all. I'm trying to flatter Bitcoin. Blockchain enables mathematically provable bets, and this is a game changer for gambling around the world.

We'll see how long it take for others to figure this out... and of course the NGCB is not the only entity that is made superfluous by Bitcoin.

This is true, and I'm glad to see corrupt government organizations become irrelevant.
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August 21, 2012, 05:24:50 AM
Last edit: August 21, 2012, 05:53:45 AM by Transisto
 #180

My train of thought after reading this thread...

Cool satoshiDice IPO..
Wow. way over priced, ~5 000 000 USD$ for this ? ... 10years to payout if nothing fail, or something better come out...
...would I even trust GLBSE ,,, Hmm,,

Then this  ... :
...
Admitedly, MPEx is a bit more complicated to use than GLBSE.

Here's the FAQ http://polimedia.us/bitcoin/faq.html[/url]

It's run by Mircea Popescu (you can contact him with questions: mircea_popescu on IRC  http://webchat.freenode.net/?channels=bitcoin-assets )
facepam moment
Quote from: FAQ
1. Dear Lord, what is this ?

    Yes, this is dog.

2. What is an MPSIC ?

    Short for Mircea Popescu Standard Identification Code. It's true that it's not very standard, but on the other hand it's very code-y, so it all evens out in the end....
Yeah yeah,,, fuck off , TLDR ... humor into stock exchanges documentation, R U fkin kiddin me ?

Then went to http://polimedia.us/ ...  Empty white site with a picture of gypsies...WTF ?

Then learn about 20btc fee,

/*insert slow clap meme here* /

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