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Author Topic: [IPO] Letsdice.com IPO Prospectus  (Read 20882 times)
Martin Gale (OP)
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September 05, 2013, 01:45:41 PM
 #41

What if the IPO won't successful 8 days later ,what would you guys do?

Hi David,

It's in the original post. If we do not raise at least 8,000 BTC by the termination date, we will refund all deposits.


I mean , will you find another way to finish this project?

Yes.
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Zaih
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September 05, 2013, 02:14:02 PM
 #42

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.
001sonkit
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September 05, 2013, 02:15:28 PM
 #43


GEMINI ACCOUNT REVIEW - Source of Funds Request
David Chen
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September 05, 2013, 03:58:57 PM
 #44

Martin Gale:
               Could you pls introduce the core member of your development team,such as expertise background\reputation record\ . Annoymous is ok, but we need to sure you are qualified to run the excellent business .

reputation is everything.
mechs
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September 05, 2013, 04:21:31 PM
 #45

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste
towtoad
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September 05, 2013, 04:31:47 PM
 #46

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. Smiley

xchrisxsays
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September 05, 2013, 04:35:37 PM
 #47

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. Smiley

Why did you even bother with an IPO if you were going to just take up the vast majority of ownership? Why not just seed the project privately?
001sonkit
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September 05, 2013, 04:42:20 PM
 #48

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. Smiley

Why did you even bother with an IPO if you were going to just take up the vast majority of ownership? Why not just seed the project privately?
Call this IPO, Individual Portion Offereing. Yes to individual not public

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TheSwede75
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September 05, 2013, 04:42:35 PM
 #49

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.
joele
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September 05, 2013, 04:45:52 PM
 #50

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. Smiley

Why did you even bother with an IPO if you were going to just take up the vast majority of ownership? Why not just seed the project privately?
Good point
towtoad
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September 05, 2013, 04:48:52 PM
Last edit: September 05, 2013, 05:04:57 PM by towtoad
 #51

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.

take care of your own labcoin, please.

Smiley

I even gave up my own site (towtoad.com), which means I have a great confidence on letsdice.com.

BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com.

Smiley wait me figure out a way to do this.

congrat!

edit:
From now on! 100BTC, each 1BTC for those who invest 10BTC on letsdice.com!
I'll send them respectively tomorrow.



Pale Phoenix
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September 05, 2013, 04:52:29 PM
 #52

Keep in mind out of the 5145 funding the IPO, 5100 BTC he is self-funding under an alias nakowa/cici/celeste

no, mine is 4500BTC.

however, if at the end of the day, funding is not up to 8000, I'll buy them up. Smiley

Towtoad, assuming you aren't the alter ego of the OP, why would you provide nearly all of the capital to fund the project (8000BTC) for only 16% ownership? There must be more to the story, no?

I think some of the ideas presented in the offering are novel and I'm interested to see how might they affect player behavior, but even if I knew the parties involved personally I don't see any justification for the proposed valuation.

David Chen
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September 05, 2013, 04:55:48 PM
 #53

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.

take care of your own labcoin, please.

Smiley

I even gave up my own site (towtoad.com), which means I have a great confidence on letsdice.com.

BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com.

Smiley wait me figure out a way to do this.

congrat!

Promise is promise, I will invest 10 BTC

reputation is everything.
001sonkit
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September 05, 2013, 05:00:57 PM
 #54


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001sonkit
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September 05, 2013, 05:02:31 PM
 #55

SD was the first one around and is a big name, I guess most of SD players even don't know other sites.
And SD is very easily accessible from blockchain.info.
Thats why even 'ScammerZhouTong' can't block the access of gambling in SD with his DDos. Oh hey, have you bribed him yet totoward

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towtoad
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September 05, 2013, 05:05:59 PM
 #56

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.

take care of your own labcoin, please.

Smiley

I even gave up my own site (towtoad.com), which means I have a great confidence on letsdice.com.

BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com.

Smiley wait me figure out a way to do this.

congrat!

Promise is promise, I will invest 10 BTC

Promise is promise.

FireflyMa
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September 05, 2013, 05:14:09 PM
 #57

This is so suspicious it is not even funny.

I have a feeling these investments are flawed, but if they're legit I have officially lost faith in the Bitcoin community.

Why the HELL would anyone do an open-IPO when 'a friend' is pre-subscribed for 8.000 BTC? This 'IPO' is so full of scam/strange.

take care of your own labcoin, please.

Smiley

I even gave up my own site (towtoad.com), which means I have a great confidence on letsdice.com.

BTW, I won another 200+ from JD today. and will spread 100BTC, 1BTC to each of those who invest 10BTC on lestsdice.com.

Smiley wait me figure out a way to do this.

congrat!

edit:
From now on! 100BTC, each 1BTC for those who invest 10BTC on letsdice.com!
I'll send them respectively tomorrow.




I'm interested. I will in.
drawingthesun
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September 05, 2013, 05:18:18 PM
 #58

I'm interested. I will in.

Very good!
Stunna
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September 05, 2013, 05:30:47 PM
 #59

Quote
Total market value: 50,000 BTC

I'm sorry but a brand new user named Martin Gale asking for the equivalent of $7 Million dollars to launch a dice site? That's nearly the sales price of all of satoshidice. This has to be some sort of joke. I'm willing to wager that this is the just-dice whale that scammed and realized he couldn't open up a casino with his reputation so he spins it off and now is just trying to go for a quick cash grab, in fact I'm 100% sure of it. Otherwise this is just a late april fools joke.


To generate 7 million dollars of profit which is what you value the company at currently, you'd need to receive $700M worth of bets assuming a 1% edge. If half of all bitcoin users went all in your website you'd reach your worth.


This all goes without saying, why does a dice site need 50,000 BTC to operate? SD itself started with 65BTC. If you invest in this you deserve the consequences.


Valuation is a joke, owner has no reputation and this is surely a scam.  

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
KingOfSports
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September 05, 2013, 05:45:40 PM
 #60

Okay guys...this dude won 4500 BTC. He could not stop...he said he stopped...oh look he won another 200 BTC today...even if hes legit...HES A DEGENERATE GAMBLER. He will gamble with your coins should he lose quite a bit of his own. Your coins are not safe here. Plus this is a scam anyways.

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