Rally from $65 to 95 caused by Satoshi Dice acquisition

[ilovedragons]

Assumptions:

• Acquiring party needed to amass >100k BTC from somewhere(s) to make the acquisition, i.e. they were not an early investor in BTC

Evidence:

• Timing of rally and then Satoshi Dice acquisition might match up
• Rally from those price points has been described as "unnatural" by some people
• MtGox order book has been borked ever since, ~50k BTC disappearing from the order book like magic, never to return
• www.oprah.com

Implications:

• The rally was indeed unnatural and we will be returning to $65/BTC once BTC supply has a chance to catch up.

Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

[1714117483]

1714117483

[xavier]

Interesting. You think they were waiting for the market to tank before buying the BTC and acquiring SDice?

I'm not sure if the acquirers were that smart.

In fact, I'm not really sure about the acquirors and who they were, or if they even existing. The fact they remain anonymous is a little shady. There's something fishy about the whole thing. Although I do accept that alot of ordinary shareholders got paid eventually.

[ElectricMucus]

Assumptions:

• Acquiring party needed to amass >100k BTC from somewhere(s) to make the acquisition, i.e. they were not an early investor in BTC

And why should we make that assumption?

[gog1]

Interesting. You think they were waiting for the market to tank before buying the BTC and acquiring SDice?

I'm not sure if the acquirers were that smart.

In fact, I'm not really sure about the acquirors and who they were, or if they even existing. The fact they remain anonymous is a little shady. There's something fishy about the whole thing. Although I do accept that alot of ordinary shareholders got paid eventually.

I thought people get paid already.

[mgio]

Or it could be the owner of Satoshi Dice wanted to go underground so he bought his own company anonymously with the money he had already made from Satoshi Dice.

[Scott J]

. Although I do accept that alot of ordinary shareholders got paid eventually.

Which shareholders didn't get paid?

[RationalSpeculator]

Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol

[vokain]

Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol

tempted!! but I need to finish Infinite Jest before school starts, or else i'll never finish it  

[RationalSpeculator]

Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol

tempted!! but I need to finish Infinite Jest before school starts, or else i'll never finish it  

school sucks :/ Sorry

[Skinnkavaj]

Or it could be the owner of Satoshi Dice wanted to go underground so he bought his own company anonymously with the money he had already made from Satoshi Dice.

This.

[kingcrimson]

It is fairly obvious satoshi dice sale was fake and he sold it to himself, no one in their right mind would put that kind of money into it.

[yayayo]

It is fairly obvious satoshi dice sale was fake and he sold it to himself, no one in their right mind would put that kind of money into it.

I would not rule that out. However, far worse investment decisions are made every day.


ya.ya.yo!

[superduh]

Before this continues..... Does everyone have their tinfoil hat on?

[herzmeister]

• www.oprah.com

WAT.jpg

[Ares]

• www.oprah.com

WAT.jpg

Think about it. Would Oprah really have her own website if Satoshi Dice didn't get sold?



misc.jpg

[massivebitman]

My question is how many ordinary shares were there?

How much did they each get paid out?