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

[nimda]

I guess I haven't been keeping close enough track. 140k BTC, srsly? Like .3 BTC per share?

Correct, it's closer to .35 per share.

It almost makes you wonder... but no, that could never, ever happen. Not again.

I thought there was a paid PR, but that must just be me making things up. So many other things have been paid for at random intervals, that I've gotten confused as to just what SDice is spending money on.

[1685252880]

1685252880

[1685252880]

1685252880

[sunnankar]

Share earnings: [/b] .00004989 per share (roughly 2.5% monthly dividend or 30% yearly dividend @ .002btc/share)

This is highly misleading, but perhaps you should expect that from PR.

To annualize you multiply by 6 as this is two months' return, not one.

Yes, it is misleading but your solution is not correct either. The correct math would be to subtract the May loss-carryover and then multiply by 12. Consequently, the PR understated the monthly/yearly return percentage.

But for forward looking luck should have either a discount or premium applied and gross should probably be normalized to USD for more accurate economic calculation.

[Abu22]

And just like that any form of authorised representation disappears. Erik, this really is sheer negligence. When will you be getting your shit together?

[fcmatt]

And just like that any form of authorised representation disappears. Erik, this really is sheer negligence. When will you be getting your shit together?

I think Erik has completed his goal of making a lot of money. The next step is to use SD as a spring board for
the next project. I really doubt any company will ever buy SD due to this share thing. That was pretty much
a poison in my mind for that type of deal.

So with new found wealth.. he probably has better things to do then manage a simple gambling website and
bother with "investors". He is probably deciding on what new entertainment system he wants for his new
living accommodations and what color shag carpet for the bathrooms.

[Abu22]

Bump for movement. Why has nothing been announced, changed or improved for SO long!? With no sign of action in the future...

[freedomno1]

Bump for movement. Why has nothing been announced, changed or improved for SO long!? With no sign of action in the future...

Guess bump and post for near 1 month forum inactivity from EH
https://bitcointalk.org/index.php?action=profile;u=12149

[Yogafan00000]

Not sure who or why, but somebody just bought up  ~430BTC worth of SDICE on havelock. (1901 shares)

Somethings up?

[chriswilmer]

What's the dividend outlook this month?

[wtfvanity]

What's the dividend outlook this month?

Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month.

[Chalkbot]

What's the dividend outlook this month?

Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month.

Where can a person view these charts?  I also noticed the huge buy today, has me interested as well.

[Yogafan00000]

What's the dividend outlook this month?

Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month.

Where can a person view these charts?  I also noticed the huge buy today, has me interested as well.

Dooglas runs JustDice, so I usually find that thread, click 'last posts of this person' on dooglas, and browse through his posts until I find the latest charts.

[wtfvanity]

What's the dividend outlook this month?

Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month.

Where can a person view these charts?  I also noticed the huge buy today, has me interested as well.

Dooglas runs JustDice, so I usually find that thread, click 'last posts of this person' on dooglas, and browse through his posts until I find the latest charts.

https://bitcointalk.org/index.php?topic=80312.0

Go to the last page of it for the newest charts.

[jonitas]

What's the dividend outlook this month?

Do you watch dooglus's charts? Site hasn't made any money this month, so minus operating expenses if the month ended today it would carry a loss over to next month.

Where can a person view these charts?  I also noticed the huge buy today, has me interested as well.

Dooglas runs JustDice, so I usually find that thread, click 'last posts of this person' on dooglas, and browse through his posts until I find the latest charts.

Just clicking on this link is easier:
https://bitcointalk.org/index.php?topic=80312.new;topicseen#new

[Yogafan00000]

Just clicking on this link is easier:
https://bitcointalk.org/index.php?topic=80312.new;topicseen#new

Totally easier, now. Teach a man to fish...

[RationalSpeculator]

Not sure who or why, but somebody just bought up  ~430BTC worth of SDICE on havelock. (1901 shares)

Somethings up?

I understand this looks bullish on havelock as such large buys are very rare indeed.

However, those were likely the same shares that were also on offer on mpex (190,000) last week for 0.0028 and got lowered a few days ago to 0.0025, then likely the one that had bid open for 300,000 shares at 0.0020 snatched them as his bid has been removed. Since on mpex there have been around 5 blocks of 1 million shares traded the past month this is not an exceptional large trade.  

I am surprised though that there are hardly any shares for sale at mpex. That's never been the case to my knowledge and might push the price upwards.

Though it all depends on the results of sdice also ofcourse.  

[freedomno1]

Not sure who or why, but somebody just bought up  ~430BTC worth of SDICE on havelock. (1901 shares)

Somethings up?

I understand this looks bullish on havelock as such large buys are very rare indeed.

However, those were likely the same shares that were also on offer on mpex (190,000) last week for 0.0028 and got lowered a few days ago to 0.0025, then likely the one that had bid open for 300,000 shares at 0.0020 snatched them as his bid has been removed. Since on mpex there have been around 5 blocks of 1 million shares traded the past month this is not an exceptional large trade.  

I am surprised though that there are hardly any shares for sale at mpex. That's never been the case to my knowledge and might push the price upwards.

Though it all depends on the results of sdice also ofcourse.  

Thanks for that I was wondering why that much was being traded on no news that I know of

[evoorhees]

Dear Asset Holders,

I have some very important news to share with you. Some of you will be pleased, and some upset, but I believe this to be a solid, desirable, and fair outcome for those who have put their trust in S.DICE.

SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management.  The total sale price is 126,315 BTC, or 0.00126315 BTC per share.

According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.

This is a 277% premium over the sale price and a roughly 175% premium over the current market price of S.DICE shares on MPEX. It is also roughly equivalent to the average price of S.DICE shares at IPO (though BTC was $12 back then, and over $90 today).

Note that the MPEX order book for S.DICE was cancelled just prior to this announcement in order to prevent anyone from taking advantage of standing orders.

While I know some S.DICE owners intended to hold for a long time, and will thus be dismayed by the buyout, it is my sincere hope that this compensation level will be amenable. It is substantially higher than the contract mandates, and it is almost 3x higher than all private owners are being paid. It has not been easy to negotiate to this level, but I believe it is the right thing to do.

Further, there will be an additional small amount added to compensate for the previously deducted costs of the new website development, as it did not feel right for S.DICE holders to have paid for development of a site they won’t have a stake in after the buyout.

This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. MPEX will then de-list the asset and the S.DICE MPEX Agreement will be satisfied. The payout will occur in roughly 20 increments over a period of several hours and will arrive in S.DICE holders’ accounts (in the same manner as dividends). All passthrough operators are responsible for their own assets and customers, obviously.

As per the S.DICE agreement, asset owners do not have voting rights to effect operational changes, nor any rights to negotiate nor block a full buyout of the company.  Nevertheless, SatoshiDice has kept the interests of the asset holders in mind throughout this negotiation process, and has intended to treat these holders fairly, above and beyond contractual obligations.

I highly value and respect the trust you have placed in me, and I hope this outcome reciprocates that respect.

Kind regards,
-Erik Voorhees

[freedomno1]

I sensed that incoming when I saw the activity on havelock
And assets locked
Will the new company license the software or will they also release shares ?
Truly the end of an era

[willphase]

interesting announcement.

Will

[Ozymandias]

Certainly an end to an era. Well done Erik!