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

[🏰 TradeFortress 🏰]

The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.

OK, but is it in any way possible to block US players?  How can you even tell where a bet transaction comes from?

You can block them from reading your website but I don't think you can block them from playing.

That's impossible to do, a transaction from My Wallet will always have a relay address of My Wallet's IP for example, and relaying IP != IP of who sent it.

Anyway, I'm quite happy I caught the news before the market reacted and dumped by SDICE shares, go F5ing forums

[1714972331]

1714972331

[Abu22]

Woo all time low!

1: Can the SatoshiDicePR please demonstrate somehow that you are indeed the real elected PR for SD. (And not some scammer trying to effect the market through FUD and false claims)

2. If this IS true, the actions taken are useless. It does not prevent any U.S users from using SD. (particularly if you just added a standalone client for it too) ...A disclaimer on the page saying "If you are located in the U.S.A please don't make any bets" ...They shouldn't be barred from analysing the bets taking place, big wins, losses. Unnecessary hiding of information.

3. Preemptive action like this is stupid. If the U.S government finds your site to be against their rules and regulations let them bring it up with you, or let them go about black listing it. Mitigating a possible problem before it occurs is a good idea, but in this scenario you're shooting yourself in the foot, when you could easily wait to see if it ever becomes a problem and if it does possibly comply with their requests.

4. This is piss shit poor management. News like this should have been nor openly disclosed earlier that you where getting legal counseling that may end with you making a decision like this.

Erik...You used to be cool man, what happened. All you do now is cover your own arse with lead enforced platinum shielded velvet.

[lethe]

Could S.Dice have a new CEO or something? One that tries to drive the share value up instead of down..

[Namworld]

Abu22, here: https://bitcointalk.org/index.php?topic=77870.msg2104349#msg2104349

Evoorhees confirms this is an official representative.

[Logik]

What a bizarre decision.

I guess that's what you ge with non-voting shares.

[🏰 TradeFortress 🏰]

What a bizarre decision.

I guess that's what you ge with non-voting shares.

Eh, Erik / others still have a majority..

[usagi]

What a bizarre decision.

I guess that's what you ge with non-voting shares.

Eh, Erik / others still have a majority..

Historically the only reason a company puts out non-voting shares is so that when they decide to restructure the company they can cut out the shareholders. I wouldn't buy non-voting shares of /anything/ unless my life depended on it. Just look at what happened to Yellow Media in Canada last year or two for a really great example.

In short, don't pay attention to what the clowns in the white shirts say on TV. Just watch what the company does and come to your own decision based on that.

[kingcrimson]

Disaster. How much will this kill the revenue and traffic. Pretty much destroyed the business.

[Stunna]

Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.

If someone phished the PR account they could have posted this info, bought up a ton of cheap shares then wait for shares to rise following an official statement.

At this point it is too early to sell whether it is real or fake.

[🏰 TradeFortress 🏰]

Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.

I agree, however it would be shoddy management if EV pissed off the PR rep or didn't tell the PR rep to take substantial security precautions.

[Stunna]

Everyone should wait for confirmation of this before they come to these conclusions. Doesn't make sense to me that a PR rep would say this and not evorhees himself.

I agree, however it would be shoddy management if EV pissed off the PR rep or didn't tell the PR rep to take substantial security precautions.

 Very true.

[freedomno1]

Yep I asked for confirmation as well and mailed him not alone I bet guess were waiting on that
Also if it was bad security that would be a ... too

[solex]

The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.

OK, but is it in any way possible to block US players?  How can you even tell where a bet transaction comes from?

You can block them from reading your website but I don't think you can block them from playing.

Ah ha ha.

Bitcoin is the SUPERMAN of currency!  It can't be blocked by mere mortals.
SatoshiDice can't block US customers any more than it can block customers who have red cars parked in their garage.

[freedomno1]

The best way to limit legal risk for SatoshiDice, and thereby protect its stakeholders, is to block US players.

OK, but is it in any way possible to block US players?  How can you even tell where a bet transaction comes from?

You can block them from reading your website but I don't think you can block them from playing.

Ah ha ha.

Bitcoin is the SUPERMAN of currency!  It can't be blocked by mere mortals.
SatoshiDice can't block US customers any more than it can block customers who have red cars parked in their garage.

More I read the comments more my own suspicion that the account got hacked increases no other confirmations but the bitcointalk thread
But waits too

[🏰 TradeFortress 🏰]

SDICE PR confirmed on reddit.

Shame on Erik / PR rep for not using GPG keys.

[freedomno1]

SDICE PR confirmed on reddit.

Shame on Erik / PR rep for not using GPG keys.

Ah thanks I trust fortress
Can you post the reddit url if you have it nvm found it
http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/
Still waiting on ever but I believe it now they wouldn't use the same pass twice for the account I hope lol

[circuitry]

But... SatoshiDice is an address-based business. You don't even need a homepage to bet, only a list of the bet's addresses. The current homepage only acts as a summary of stats and a commercial front.

It should be trivial to put an online list of addresses that serves as a quasi-perfect mirror.

Correct me if I'm wrong!

[🏰 TradeFortress 🏰]

SDICE PR confirmed on reddit.

Shame on Erik / PR rep for not using GPG keys.

Ah thanks I trust fortress
Can you post the reddit url if you have it nvm found it
http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/

http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/

[freedomno1]

SDICE PR confirmed on reddit.

Shame on Erik / PR rep for not using GPG keys.

Ah thanks I trust fortress
Can you post the reddit url if you have it nvm found it
http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/

http://www.reddit.com/r/Bitcoin/comments/1efmzy/satoshidice_announcement/

Thanks for the double Sorry edited mine haha

[GMD1987]

Anyone looking to sell all or some of their shares?  PM me for details