[CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx

[DeaDTerra]

Wow!  Glad I bought in to the pass thru last night!

I may need to bite the bullet and buy an account on MPEx to reduce counterparty exposure.

I am not going anywhere
If I would wish to shut down the pass through, I would make sure that someone responsible and trustworthy would take over.
Erik knows me and he has my real name ^^ I am sure he would be very offended if I ran away with his investors money
//DeaDTerra

[unclescrooge]

Wow!  Glad I bought in to the pass thru last night!

I may need to bite the bullet and buy an account on MPEx to reduce counterparty exposure.

I am not going anywhere
If I would wish to shut down the pass through, I would make sure that someone responsible and trustworthy would take over.
Erik knows me and he has my real name ^^ I am sure he would be very offended if I ran away with his investors money
//DeaDTerra

Pirate's done some damages :/

[DeaDTerra]

Wow!  Glad I bought in to the pass thru last night!

I may need to bite the bullet and buy an account on MPEx to reduce counterparty exposure.

I am not going anywhere
If I would wish to shut down the pass through, I would make sure that someone responsible and trustworthy would take over.
Erik knows me and he has my real name ^^ I am sure he would be very offended if I ran away with his investors money
//DeaDTerra

Pirate's done some damages :/

Indeed
Oh well, trust me if you want to if you don't then by all means go get your own MPex account, I am not forcing anyone to trust me
//DeaDTerra

[evoorhees]

There was always reason to not trust Pirate... 7% profit per week?!

There has never been reason not to trust DeaDTerra... he's always been an upstanding gentleman and a scholar

[Bugpowder]

It's not an issue of trust, its an issue of 2 counterparties (mpex, s.dice) instead of 4 (glbse, pass thru).  Also the 5% lost dividend payments.  I think it makes sense to go MPEx at around 500 coins, but not sure I want all that in one investment.

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

[MPOE-PR]

o.o
Congrats to the winners!

[evoorhees]

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

And I think we can all agree SatoshiDICE will be around much longer than Greece   

[Carnth]

I find it ironic that I used my winnings from SatoshiDICE to buy shares of the stock. 

[Bugpowder]

I would bet that Satoshi Dice does not default nor drop in value faster than any tranche of greek debt I could buy as a retail investor.

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

And I think we can all agree SatoshiDICE will be around much longer than Greece   

[smickles]

It's not an issue of trust, its an issue of 2 counterparties (mpex, s.dice) instead of 4 (glbse, pass thru).  Also the 5% lost dividend payments.  I think it makes sense to go MPEx at around 500 coins, but not sure I want all that in one investment.

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

There is a cheaper middle ground.

I offer brokerage services for the lesser of 3% or .5 btc per buy or sell. (which equates to 100% 'pass through' of dividends)

This would reduce counterparties to 3 and cost less than getting your own MPEx account.

[dooglus]

I've not been following this thread closely, but I've seen my daily SatoshiDice statistics thread mentioned a few times, but never linked to.

So here's the link: https://bitcointalk.org/index.php?topic=80312

Each day I post an unofficial profit/loss account along with a graph, all taken from the blockchain.

It pretty closely matches the official google doc that gets updated periodically.

[MPOE-PR]

Each day I post an unofficial profit/loss account along with a graph, all taken from the blockchain.

Pretty good work.

[Carnth]

Each day I post an unofficial profit/loss account along with a graph, all taken from the blockchain.
https://bitcointalk.org/index.php?topic=80312

Pretty good work.

I agree! Thanks dooglus for being Bitcoin's best (un)official actuary.

[evoorhees]

Each day I post an unofficial profit/loss account along with a graph, all taken from the blockchain.
https://bitcointalk.org/index.php?topic=80312

Pretty good work.

I agree! Thanks dooglus for being Bitcoin's best (un)official actuary.

Dooglus is pretty much a badass in general - he's an amazing asset to the community here, by any measure.

[dooglus]

Dooglus is pretty much a badass in general - he's an amazing asset to the community here, by any measure.

How sweet of you to say so. 

[hashman]

S.DICE does seem like the best 'legit' investment on either exchange though.  cash flow is sick.  To get 20% yield in the global bond market, you gotta go greek.

And I think we can all agree SatoshiDICE will be around much longer than Greece   

όχι

[Transisto]

How much of this 700btc dividend was paid to shareholder ? (other than Erik's share that didn't sell yet)

[Fizzgig]

On 06-09-12 The total outstanding number of shares was approximately 3 million, which is 30% of the total number of available shares (10% of the grand total 100 million shares which represent all of the profits from SD). 30% of the total dividend paid is 235.84709 BTC.

786.15699996 BTC was paid to all of the holders of the 10,000,000 mpex stocks divided evenly. Owners of passthroughs took their share and divided it among their shareholders. The total amount of bitcoins paid to shareholders other than erik is 235.84709 BTC.

[EskimoBob]

On 06-09-12 The total outstanding number of shares was approximately 3 million, which is 30% of the total number of available shares (10% of the grand total 100 million shares which represent all of the profits from SD). 30% of the total dividend paid is 235.84709 BTC.

786.15699996 BTC was paid to all of the holders of the 10,000,000 mpex stocks divided evenly. Owners of passthroughs took their share and divided it among their shareholders. The total amount of bitcoins paid to shareholders other than erik is 235.84709 BTC.

GLBSE has that indformation available. Look at the "Dividend Payments" 

Code:

Payment date      |   Total paid   |  Shares paid | Payment per share
2012-09-06 00:57      28.99436064      388248        0.00007468

If you like to know, how many shares are actually issued on GLBSE, see https://glbse.com/api/quantity_trading/GSDPT
At of today, it shows 402480 shares.

Has all this money actually used for buying shares from the jokers market is unknown. If you know how to check this, let us know.

[Slushpuppy]

Whats the jokers market?