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rini17
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November 25, 2012, 11:29:11 PM |
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S.DICE was one of possibilities I considered, but I decided to invest it elsewhere on MPEx. I can reveal what I exactly did after returning the loan, if anyone is interested. BTW, It was listed as "business", not "personal" loan. |
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No Gods or Kings. Only Bitcoin
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ciuciu
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Activity: 588
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November 25, 2012, 11:31:12 PM |
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I'd like to point out that some of the second tranche of shares were bought into earlier. 09:49 <@assbot> [MPEX] [S.DICE] 179 @ 0.0034 = 0.6086 BTC [+] (time is utc) It's a small amount, but, I believe, noteworthy.Can you please elaborate? Image can be worth a thousand words - see http://live.coinbr.com/?mpsic=S.DICE . That graph was dull for a long time, now it comes to life. The sell wall in the middle is the second tranche Erik is selling (and to the right it is the third one). So this is from the personal loan you took on BTCJAM? https://bitcointalk.org/index.php?topic=123735.msg1340866#msg1340866If not, what a coincidence! Yes, S.DICE was one of possibilities I considered, but I decided to invest it elsewhere on MPEx. I can reveal what I exactly did after returning the loan, if anyone is interested. BTW, It was listed as "business", not "personal" loan. You took a loan to invest in your own enterprise and you came here presenting it as a big thing. May I ask why? Was it to pretend activity for others to join? Did Smikles knew about it? You must be getting desperate on MPEX front. |
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rini17
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November 25, 2012, 11:37:15 PM |
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You took a loan to invest in your own enterprise and you came here presenting it as a big thing. May I ask why? Did Smikles knew about it?
I don't understand you. What big thing? The loan was not spent developing coinbr.com, nor live.coinbr.com (both existed in current form before I took the loan). It was spent to buy MPEx assets, which I'm ready to prove with their signed receipts. |
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ciuciu
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November 25, 2012, 11:41:09 PM |
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You took a loan to invest in your own enterprise and you came here presenting it as a big thing. May I ask why? Did Smikles knew about it?
I don't understand you. What big thing? The loan was not spent developing coinbr.com, nor live.coinbr.com (both existed in current form before I took the loan). It was spent to buy MPEx assets, which I'm ready to prove with their signed receipts. You did this as to show some activity on your site. You forgot to mention that the transactions are made by you, the owner of the site. Do you think this is OK? |
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rini17
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November 25, 2012, 11:46:47 PM |
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You took a loan to invest in your own enterprise and you came here presenting it as a big thing. May I ask why? Did Smikles knew about it?
I don't understand you. What big thing? The loan was not spent developing coinbr.com, nor live.coinbr.com (both existed in current form before I took the loan). It was spent to buy MPEx assets, which I'm ready to prove with their signed receipts. You did this as to show some activity on your site. You forgot to mention that the transactions are made by you, the owner of the site. Do you think this is OK? Orly? So I'm seriously risking my own reputation with multiple members of the community just so that there can be some activity shown on MPEx charts?   |
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ciuciu
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November 25, 2012, 11:57:06 PM |
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You took a loan to invest in your own enterprise and you came here presenting it as a big thing. May I ask why? Did Smikles knew about it?
I don't understand you. What big thing? The loan was not spent developing coinbr.com, nor live.coinbr.com (both existed in current form before I took the loan). It was spent to buy MPEx assets, which I'm ready to prove with their signed receipts. You did this as to show some activity on your site. You forgot to mention that the transactions are made by you, the owner of the site. Do you think this is OK? Orly? So I'm seriously risking my own reputation with multiple members of the community just so that there can be some activity shown on MPEx charts? It sure seems so. And you are not the first doing it. Good luck! |
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EskimoBob
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Quality Printing Services by Federal Reserve Bank
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November 26, 2012, 07:56:49 AM |
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There is over 6 million shares of that junk still available at fixed price - form IPO! I see no reason to be happy about this at all. Any IPO, that has failed so miserably like this one, must be cancelled and coin returned to investors. At the moment, only guy who has any reason to laugh is the guy who sold us this junk  |
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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koin
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Activity: 873
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November 26, 2012, 10:12:49 AM |
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Any IPO, that has failed so miserably like this one, must be cancelled and coin returned to investors. At the moment, only guy who has any reason to laugh is the guy who sold us this junk anyone that bought is at the worst, at even money. why would the issuer need to return coin to investors when any investors can sell on the open market and get even money or a profit even? |
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MPOE-PR
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November 26, 2012, 05:15:40 PM |
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Any IPO, that has failed so miserably like this one, must be cancelled and coin returned to investors. At the moment, only guy who has any reason to laugh is the guy who sold us this junk anyone that bought is at the worst, at even money. why would the issuer need to return coin to investors when any investors can sell on the open market and get even money or a profit even? Well actually the first tranche sold at 0.0032, so most investors are something like 5-10% up (depends how you count dividends so far). Doesn't sound bad at all for ~three months. |
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EskimoBob
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Activity: 910
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Quality Printing Services by Federal Reserve Bank
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November 26, 2012, 10:14:36 PM |
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Any IPO, that has failed so miserably like this one, must be cancelled and coin returned to investors. At the moment, only guy who has any reason to laugh is the guy who sold us this junk anyone that bought is at the worst, at even money. why would the issuer need to return coin to investors when any investors can sell on the open market and get even money or a profit even? Well actually the first tranche sold at 0.0032, so most investors are something like 5-10% up (depends how you count dividends so far). Doesn't sound bad at all for ~three months. 3 months and guess what, the game is copied with probably a tiny fraction of the IPO price. Here is one: http://satoshiroulette.com/clone_dice/ go and have fun (if you consider sending coins to a BTC vanity address some kind of fun It's probably a matter of weeks when there will be second and then third copy of something as simple as this game. My point is, that this stuff is so absurdly overpriced that it makes even FB IPO look good BTW, how many shares went to GLBSE via PT? |
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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nimda
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November 26, 2012, 10:44:00 PM |
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Is it possible to write a bot that will monitor for losing bets and then try to cancel it by double spending the money to a wallet controlled by himself?
If he controls a large pool he could direct it to give preference to his cancellation transaction to make sure it propagates faster.
Is this possible in practice? How does SDICE defend against it?
I think a more practical attack would be to always get your pool to attempt to mine a block which includes a transaction that spends your coins to yourself, then as soon as you find a block, hold off publishing it for a few seconds while you place a bet at SD double-spending those same coins on "lessthan 1000". On the rare occasion that your bet wins, you "forget" to publish the block your pool found (maybe claim some other pool beat you to it), and let the winning SD bet stand. The rest of the time you publish your block, which effectively cancels your losing SD bet. I don't know if this happens in practice, or whether SD has anything in place to prevent it working. I haven't seen it happen yet. SD has no possible way to prevent it from working, other than pay back after multiple confirmations. http://blockchain.info/double-spends lists double-spends, but to get to the unconfirmed transaction you have to click twice; not very convenient when looking for a double-spend where the tx to satoshidice was orphaned. Also, fair warning - next week I'll be travelling to Macau, the gambling capital of Asia, to present at a gaming conference. I'll be showing SatoshiDICE to many people, including gambling entrepreneurs and business men. It is possible that certain business deals could happen as a result of this trip. If you were considering buying shares of S.DICE, you may want to do it quickly. Who knows what a rich Macau gambling magnate might think of a system which allows wagering in any amount, from anywhere in the world, anonymously...  Quoted for austerity. ~Dalkore I hope you mean posterity |
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MPOE-PR
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November 26, 2012, 11:04:57 PM |
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3 months and guess what, the game is copied with probably a tiny fraction of the IPO price. Here is one: http://satoshiroulette.com/clone_dice/ go and have fun (if you consider sending coins to a BTC vanity address some kind of fun It's probably a matter of weeks when there will be second and then third copy of something as simple as this game. My point is, that this stuff is so absurdly overpriced that it makes even FB IPO look good BTW, how many shares went to GLBSE via PT? Dude, it was "a matter of weeks" back in August. It didn't happen, if anything the dominant position of SD strengthened in the meanwhile. But whatever, keep dreaming, go on living in this imaginary space where you're good cause you maybe could be and you matter cause you talk as if you did. See if I, or anyone else, cares. GLBSE had something like 500-1k BTC worth of shares iirc. |
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smickles
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November 27, 2012, 02:52:37 AM |
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My point is, that this stuff is so absurdly overpriced that it makes even FB IPO look good Did the FB stock price drop and then recover to the IPO price? (I haven't been paying attention) I'd like to point out that some of the second tranche of shares were bought into earlier. 09:49 <@assbot> [MPEX] [S.DICE] 179 @ 0.0034 = 0.6086 BTC [+] (time is utc) It's a small amount, but, I believe, noteworthy.Can you please elaborate? Well, It took a big dive after the second tranche didn't sell out, or much at all. It has since seemed to recover and now, at the price of the second tranche, in consideration of the available data, it looks like they are about to pay a ~1.4% dividend for this month. Also, since the time of that quoted post of mine, there has been a significant increase in volume. |
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bitcoinbear
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November 27, 2012, 05:01:50 AM |
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Or you could use the Usagi method of accounting: back when they were first sold the shares were worth 0.0034 * 10 USD, now they are 0.0034 * 12 USD, so our investment has gone up 20% !!!
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Bitcoin Oz
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November 28, 2012, 05:49:13 AM |
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Or you could use the Usagi method of accounting: back when they were first sold the shares were worth 0.0034 * 10 USD, now they are 0.0034 * 12 USD, so our investment has gone up 20% !!!
lol. |
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MPOE-PR
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November 28, 2012, 10:17:53 AM |
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Or you could use the Usagi method of accounting: back when they were first sold the shares were worth 0.0034 * 10 USD, now they are 0.0034 * 12 USD, so our investment has gone up 20% !!!
Back when they were first sold they were worth 0.0032, so more like 40% if you want fiat as basis. |
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ciuciu
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November 29, 2012, 01:46:28 PM |
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Aren't they too optimistic? |
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smickles
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November 29, 2012, 04:25:10 PM |
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Aren't they too optimistic? Not if you consider the fact that there are over 960 usd of bids for s.dice and value things at what people will currently pay for them. |
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ciuciu
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November 29, 2012, 04:29:13 PM |
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Aren't they too optimistic? Not if you consider the fact that there are over 960 usd of bids for s.dice and value things at what people will currently pay for them. It was a joke. May I ask why you Smickles push so hard for S.DICE? I see you bump the thread quite often with no important things to say. |
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