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Author Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx  (Read 315719 times)
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July 19, 2013, 03:02:21 AM
 #2041

Havelock Investments has received full buyout BTC for SDICE shares. Just waiting to transfer to local wallet before pushing the buyback out... should be done in the next 15-30 minutes.



Havelock Payout is now complete!

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July 19, 2013, 03:09:51 AM
 #2042

I'd prefer to hear an update from EV; I don't know how these new members posting can be considered authoritative.

Considering that Erik has said the Satoshi_pr account can post on behalf of him and the satoshi dice site. So yeah it is an authoritative account.
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July 19, 2013, 03:57:12 AM
 #2043

thanks I missed that
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July 19, 2013, 04:19:21 AM
 #2044

A question for all exchanges that had PTs.

What happens now with unexecuted S.DICE call & put options on your exchange when the security is closed?

Hmmm... both GSDPT and S.DICE-PT seem to be still trading.  Exercise if you're in the money now before they close.

I hate to say it, but I don't have a clean way to shut this down.  (no way currently to forcefully exercise everything in the money at 0.0035)

So if you have options and they're in the money, exercise them ASAP.
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July 19, 2013, 08:50:01 AM
 #2045

I think this payout structure makes it even more likely that MPEx is the buyer.
Somehow related to the Ministry of Gaming Bullshit?

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July 19, 2013, 08:52:23 AM
 #2046

I think this payout structure makes it even more likely that MPEx is the buyer.
Somehow related to the Ministry of Gaming Bullshit?


Well its on the passthrus as the S.Dice replacement so best of luck
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July 19, 2013, 09:11:09 AM
 #2047

Somehow related to the Ministry of Gaming Bullshit?
Well its on the passthrus as the S.Dice replacement so best of luck
To someone with that attitude, so incredibly arrogant and ignorant, trying to get into an industry he doesn't even try to understand, assuming he'll just be successful and everyone else is an idiot and will bow to him... no, I really do not with him best of luck. I'd rather see him plagued by the doom he deserves.

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July 19, 2013, 09:14:43 AM
 #2048

Somehow related to the Ministry of Gaming Bullshit?
Well its on the passthrus as the S.Dice replacement so best of luck
To someone with that attitude, so incredibly arrogant and ignorant, trying to get into an industry he doesn't even try to understand, assuming he'll just be successful and everyone else is an idiot and will bow to him... no, I really do not with him best of luck. I'd rather see him plagued by the doom he deserves.


But then I feel bad for the invested bitcoin well honestly they will need the luck even if MPOE doesn't want it   :
I guess you were watching thestringpuller convo haha lohi lets unite the rage and make a game XD
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July 19, 2013, 09:17:19 AM
 #2049

But then I feel bad for the invested bitcoin well honestly they will need the luck even if MPOE doesn't want it   :
I guess you were watching thestringpuller convo haha
I think they deserve to lose them.
If someone invests in an asshole, he is supporting that asshole... he's a bit of an asshole himself.

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July 19, 2013, 09:21:18 AM
Last edit: July 19, 2013, 09:56:59 AM by freedomno1
 #2050

But then I feel bad for the invested bitcoin well honestly they will need the luck even if MPOE doesn't want it   :
I guess you were watching thestringpuller convo haha
I think they deserve to lose them.
If someone invests in an asshole, he is supporting that asshole... he's a bit of an asshole himself.


Fair enough did you have to say Ahole an image of mpoe and a pencil comes to mind
Mumble it cannot be unseen it cannot be unseen
(A sidenote hmm reminds me also of the biggest dick and Ahole thread lol)

Closed
Officially an archive
Now I'm wondering what the new thread is, Sdice is still around in one form or another
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July 19, 2013, 11:49:30 PM
 #2051

Somehow related to the Ministry of Gaming Bullshit?
Well its on the passthrus as the S.Dice replacement so best of luck
To someone with that attitude, so incredibly arrogant and ignorant, trying to get into an industry he doesn't even try to understand, assuming he'll just be successful and everyone else is an idiot and will bow to him... no, I really do not with him best of luck. I'd rather see him plagued by the doom he deserves.

You're setting yourself up for a very butthurty ride there, fella.

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July 20, 2013, 01:05:43 AM
 #2052

I am going to develop my own dice game better than sdice anyoen interested

Oddly, no
My account was hacked and I did not post this. Sorry.

🆙
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July 20, 2013, 03:22:41 AM
Last edit: July 20, 2013, 03:36:11 AM by Abu22
 #2053

An so it draws to a close.

No comment on the suspicious activity of fund siphoning through arbitrary costs.
No comment on the the bet pool situation.
No comment on Eriks deceitful actions, defending the high costs/low income months by saying that the yearly ROI average is statistically going to be positive... Not when you force a sell off.

Erik you actions in the last 5 months have been atrocious. It seems obvious that this was your original plan - To milk what could be milked, fill investors with false promises of progress that you never once gave an inkling to what that progress was then leaving the husk of SatoshiDice, a company that had the potential to grow so much further if only it wasn't managed by your negligent hands.



No scams, just some pretty pathetic throws you've pulled on all of us. You're bad for Bitcoin you greedy twat.
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July 20, 2013, 05:11:48 AM
 #2054

You're bad for Bitcoin you greedy twat.

Show me what did you do for bitcoin? Where are the thousands of investors, gamblers and crypto anarchists you inspired and gave something to? Show me your insightful blog posts. I don't know you and maybe I don't know Erik neither but if I had the chance I would want to do business with him, not with you.

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July 20, 2013, 08:22:03 AM
 #2055

An so it draws to a close.
OT: clicking in your signature link, you get a "This account has been suspended"

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July 20, 2013, 12:41:14 PM
Last edit: July 29, 2013, 06:52:59 PM by RationalSpeculator
 #2056

cross posting this here too as I like people to know my view

He is doing that to prevent some angry shareholder from coming after him, no real choice. I wouldn't say investors were treated fairly though. Pretty much every one of them comes out having wasted their time and money. Vorhees is the only one who benefitted from this endeavor.

Not true. From an investor's point of view I do not think it is very reasonable to use the BTC as numeraire due to its lack of capital pools and incredible volatility. Pretty much anyone who bought between April 2012 and March 2013 who have held for the long-term have had tremendous returns using the USD as numeraire.

It's not all great though. People that bought in March 2013 have payed around 40 million USD for the company, while it was only sold for 30 million USD (mpex shares) when it was announced. That's a loss of -30% in just a few months.

It must hurt even more for those that sold their shares for market price the past months. You can't hardly blame them not to hold for the long term since Erik showed signs of serious neglect towards the business and turnover (in USD) was stagnating and even taking a serious nosedive this month of July. They sold mostly around 20 million USD, taking a loss of -50% in USD from the high in March and a loss of -33% compared to the price payed today.

Considering around 5 millions shares have been sold in the month right before the buyout the above category of people who have USD loss is likely larger than presented here. 

Even though Erik negotiated a very good price for mpex holders, this company had much more potential.
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July 20, 2013, 12:48:41 PM
Last edit: July 20, 2013, 03:59:33 PM by RationalSpeculator
 #2057

I also want to apologize to all the people that made arguments about Erik needing to do more work on the website. I dismissed it here saying that USD turnover was stable even without whales and once the whales came back the growth would be here again. I also said that no changes to the website needed to be done.

However seeing the success of the new just-dice I now realize this neglect of Erik and lack of improvements to the website likely caused the website to stop growing in USD turnover since February 2013 and even imploding in the last month of July.

The mpex price was good, but only because the company was doing poor.

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July 20, 2013, 01:19:00 PM
 #2058

I guess you were watching thestringpuller convo haha lohi lets unite the rage and make a game XD
Please could someone post a link to this convo?

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July 20, 2013, 01:27:27 PM
 #2059

I guess you were watching thestringpuller convo haha lohi lets unite the rage and make a game XD
Please could someone post a link to this convo?
https://bitcointalk.org/index.php?topic=224634.0

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July 20, 2013, 01:32:09 PM
 #2060

Why do you guys think there was a "mysterious investor" who bought the shares? Negotiated a fair price? LOL! He was probably laughing is ass off when he realized he can get rid of all the shareholders by just returning them what they paid.

You gave Eric about 35 000 BTC in IPO (to run a website, that needed <7K as bankroll and less that 100 USD per month for a ISP)
I am sure, many of you wasted loads of coin on S.DICE because you felt you are the lucky shareholder of something grand and it will make you rich and beautiful.
SDICE made about 74 000 BTC and paid you 10% of it as dividends. Not bad at all.
Eric got sick of sharing that cash cow with you and bought back the shares at 35000 BTC.

All he told you is: "So long and thanks for all the coin"

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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