Topic: [BF and BTCT] Gamma SatoshiDICE Pass Through - page 19. (Read 34903 times)
Any news about GLBSE?
DeaDTerra, what is going to happen to this now that GLBSE has shut down?
It depends on how the transition goes.If we have a good replacement of GLBSE, then we can move their.
Otherwise I could setup some kind of manual payout system,
or I could offer to sell the shares on MPEX and payout the amount I got from selling them.
I plan to honor my contract, but exactly how is to early to answer.
//DeaDTerra
is https://cryptostocks.com/ or https://icbit.se/ any good?
Do you have a list of shareholdres?
DeaDTerra, what is going to happen to this now that GLBSE has shut down?
It depends on how the transition goes.If we have a good replacement of GLBSE, then we can move their.
Otherwise I could setup some kind of manual payout system,
or I could offer to sell the shares on MPEX and payout the amount I got from selling them.
I plan to honor my contract, but exactly how is to early to answer.
//DeaDTerra
DeaDTerra, what is going to happen to this now that GLBSE has shut down?
12.282453 BTC has been paid to the share holders of GSDPT 
//DeaDTerra
//DeaDTerra
September's dividend of 206.53002089 BTC has been paid on MPEX
Backing has been completed
Current backing is 1:1 ratio and Erik is going to pay the dividend any minute now.
After the dividend the ask wall will come up again.
//DeaDTerra
Current backing is 1:1 ratio and Erik is going to pay the dividend any minute now.
After the dividend the ask wall will come up again.
//DeaDTerra
Okay, September is over! The stats are now updated on the spreadsheet: https://docs.google.com/spreadsheet/ccc?key=0Aiec3-Eo_yO5dG5SQklHZG4wRm1GMW9DRWpMMW5UQkE
Summary:
Earnings 2115.30020995
Hosting/Tech Expenses 50
Net Profit 2065.30020995
10% MPEX Dividend 206.530020995
Volume over past 30 Days 228,279.18
Actual Profit over past 30 Days 2,115.30
Expected Profit over past 30 Days 4,337.30
From the numbers, you can see that players did statistically better than they should have this month (good for them!). Based on volume of SatoshiDICE bets, the site was expected to earn 4,337 BTC, but only earned 2,115 BTC. The dividend would have been roughly double the size if we had statistically matched expectations.
September was the second-strongest month ever in terms of bet volume, after last month's record-breaking performance.
Moving into October, the new site is extremely close (day or two) to being live, and a special announcement still remains that is 1-2 weeks away.
Thank you to all the asset holders, both on MPEX and the GLBSE passthrough. I will be paying the dividend tomorrow (Tuesday)... if you buy shares before I pay it you get an immediate return of about 7.5% APY
Cheers,
-Erik
Thanx for the info evoorhees!
Okay, September is over! The stats are now updated on the spreadsheet: https://docs.google.com/spreadsheet/ccc?key=0Aiec3-Eo_yO5dG5SQklHZG4wRm1GMW9DRWpMMW5UQkE
Summary:
Earnings 2115.30020995
Hosting/Tech Expenses 50
Net Profit 2065.30020995
10% MPEX Dividend 206.530020995
Volume over past 30 Days 228,279.18
Actual Profit over past 30 Days 2,115.30
Expected Profit over past 30 Days 4,337.30
From the numbers, you can see that players did statistically better than they should have this month (good for them!). Based on volume of SatoshiDICE bets, the site was expected to earn 4,337 BTC, but only earned 2,115 BTC. The dividend would have been roughly double the size if we had statistically matched expectations.
September was the second-strongest month ever in terms of bet volume, after last month's record-breaking performance.
Moving into October, the new site is extremely close (day or two) to being live, and a special announcement still remains that is 1-2 weeks away.
Thank you to all the asset holders, both on MPEX and the GLBSE passthrough. I will be paying the dividend tomorrow (Tuesday)... if you buy shares before I pay it you get an immediate return of about 7.5% APY
Cheers,
-Erik
Make that 11628 BTC to go 
That was me purchasing some shares for the backing //DeaDTerra
Make that 11628 BTC to go
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
Once the owner blocks sell there's probably going to be some upward movement of shares.
That is still something like 23000 btc away.
There's a ~9% space between 34 and 37 tho. But yes, it's not going to happen tomorrow. Investment with a one day attention span is done for anyway, one would hope.
But only 3521107*.0034 = 11971 bitcoins away from the first 9% price jump. 9% return will be pretty sweet as it is.
Also, the daily betting results updates certainly put a damper on buying after the 2800BTC loss on September 8th. When you know the yield is going to be <1% this month, other securities (S.MPOE, B.MPCD.A, B.MPCD.B, ) look more attractive from a yield perspective (1.36, 2, 3%/mo respectively). Now we have a blank profit slate, and hopefully we will catch up with a great month in October. If the yield is looking more rich >1.5%, I expect the .0034 block will sell out before Nov.
Once the owner blocks sell there's probably going to be some upward movement of shares.
That is still something like 23000 btc away.
Also, the daily betting results updates certainly put a damper on buying after the 2800BTC loss on September 8th. When you know the yield is going to be <1% this month, other securities (S.MPOE, B.MPCD.A, B.MPCD.B, ) look more attractive from a yield perspective (1.36, 2, 3%/mo respectively). Now we have a blank profit slate, and hopefully we will catch up with a great month in October. If the yield is looking more rich >1.5%, I expect the .0034 block will sell out before Nov.
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
Once the owner blocks sell there's probably going to be some upward movement of shares.
That is still something like 23000 btc away.
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
Once the owner blocks sell there's probably going to be some upward movement of shares.
That is still something like 23000 btc away.
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
Once the owner blocks sell there's probably going to be some upward movement of shares.
Yeah, but it was an unlucky month, relative to expectation.
Expected return is 1.9% total bets minus about 0.1% in fees. Looking at the bet volume this month...
(.019-.001)*(881473.16-649203.71) = 4180.85 BTC, Actual came in around 2200BTC.
4180.85 BTC / 100,000,000 / .0034 = 1.23% expected yield this month. Extrapolating 1.0123^12 (assuming reinvestment at .0034), = 15.8% APR.
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
Expected return is 1.9% total bets minus about 0.1% in fees. Looking at the bet volume this month...
(.019-.001)*(881473.16-649203.71) = 4180.85 BTC, Actual came in around 2200BTC.
4180.85 BTC / 100,000,000 / .0034 = 1.23% expected yield this month. Extrapolating 1.0123^12 (assuming reinvestment at .0034), = 15.8% APR.
See this thread.
https://bitcointalk.org/index.php?topic=80312.220
More like around (11851 - 9851 / 10) = 200BTC estimated for this month. 0.6% yield at 0.0034 price.
https://bitcointalk.org/index.php?topic=80312.220
More like around (11851 - 9851 / 10) = 200BTC estimated for this month. 0.6% yield at 0.0034 price.
Right now it seems like it'll be 400BTC, if the dividend was today. The previous dividend was 786BTC, so it should end up being about 60% of the previous dividend, which was actually an unexpected bonus dividend which was a collection of all profits gathered to that point.
Satoshi Dice is 100% transparent, 100% provable, and up to 10% of the profits held by the public, including charities! Best bitcoin game ever!
Satoshi Dice is 100% transparent, 100% provable, and up to 10% of the profits held by the public, including charities! Best bitcoin game ever!
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
See this thread.
https://bitcointalk.org/index.php?topic=80312.220
More like around (11851 - 9851 / 10) = 200BTC estimated for this month. 0.6% yield at 0.0034 price.
https://bitcointalk.org/index.php?topic=80312.220
More like around (11851 - 9851 / 10) = 200BTC estimated for this month. 0.6% yield at 0.0034 price.
Right now it seems like it'll be 400BTC, if the dividend was today. The previous dividend was 786BTC, so it should end up being about 60% of the previous dividend, which was actually an unexpected bonus dividend which was a collection of all profits gathered to that point.
Satoshi Dice is 100% transparent, 100% provable, and up to 10% of the profits held by the public, including charities! Best bitcoin game ever!
Satoshi Dice is 100% transparent, 100% provable, and up to 10% of the profits held by the public, including charities! Best bitcoin game ever!
.6% monthly yield is equivalent to approximately 7.45% APR, I believe. If that holds, that's quite a good return on an investment that probably won't depreciate as quickly as mining equipment will.
A final wave of shares will go out, then the backing will be synced
So that we are prepared for the dividend.
//DeaDTerra
So that we are prepared for the dividend.
//DeaDTerra
Today's the date! I hope we get much BTCBTCBTC when the dividends starts =)
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