Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 102. (Read 316448 times)
August 20, 2012, 05:00:08 PM
Maybe I would invest into this but being on MPEX is risky as hell and I don't want to support spamming of the blockchain with huge amounts transactions either (my SSD drive has only 128 GB).
August 20, 2012, 04:59:19 PM
Why not use investor capital to allow satoshidice to take larger bets? Also, I am surprised you guys don't run a coin mixing service.
August 20, 2012, 04:52:43 PM
Typically when the DOJ/Internet Police seize a website it is usually just the domain and not the servers. This is why bookies like 5dimes.com continue to operate at their .eu address.
True, but like I said, a considerable amount of corporate goodwill is going into the domain name. The expectation of growth is based on advertising the SatoshiDICE.com brand (and URL) and also in print media.
August 20, 2012, 04:50:34 PM
Typically when the DOJ/Internet Police seize a website it is usually just the domain and not the servers. This is why bookies like 5dimes.com continue to operate at their .eu address.
August 20, 2012, 04:47:27 PM
As far as I know Erik operates out of UAE, or some such.
I saw a U.S.A. phone number so assumed he was in the states. Wouldn't being located in an Islamic country be yet another investor risk?
August 20, 2012, 04:44:34 PM
On the other hand and still has both hands.
I am not sure why I read this sentence about 38 times in a row.
August 20, 2012, 04:40:49 PM
This is rubbish, IF the DOMAIN is seized.....then they need to get a new one and your assets there are fine. It's if the server is seized (don't even think there is much of a server for this) then it's a different story.
What if the manager gets seized? As far as I know Erik operates out of UAE, or some such. And according to Islam gambling is not compatible with Quran.On the other hand one of my classmates sold remote car door opener "testers" out of UAE and still has both hands.
August 20, 2012, 04:39:01 PM
Nefario, Mircea Popescu spreads so much FUD about you and GLBSE, here and on IRC, you shouldn't go so lightly on him.
August 20, 2012, 04:35:03 PM
Lol, MPEX. Since MPEX is so much better than GLBSE, I wonder why GLBSE has more volume (by many orders of magnitude)
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
GLBSE will facilitate this IPO as best we can, even on MPEX, we want to help bootstrap the bitcoin economy not get into a pissing competition. There is already work started for a pass through share.
//DeaDTerra
edit due to auto correct
August 20, 2012, 04:33:26 PM
Seriously, whats with this mickey mouse MPEx website? It's hanging off of some corporate site (http://polimedia.us) doesn't even have its own subdomain.
Strike 1: MPEx has negligible market share so the market for S.DICE securities will already be small and illiquid.
Strike 2: MPEx charges 20BTC further reducing the audience of people trading in the stock.
This is ridiculous! Why not GLBSE???!
These are some of the reasons why I will be offering a pass through to GLBSE ;-) Gamma SatoshiDICE pass through. So that you can invest in sd without having to use mpex. The ipo is under process on GLBSE but it should be up before the satoshi dice ipo.Strike 1: MPEx has negligible market share so the market for S.DICE securities will already be small and illiquid.
Strike 2: MPEx charges 20BTC further reducing the audience of people trading in the stock.
This is ridiculous! Why not GLBSE???!
//DeaDTerra
August 20, 2012, 04:31:32 PM
Lol, MPEX. Since MPEX is so much better than GLBSE, I wonder why GLBSE has more volume (by many orders of magnitude)
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
GLBSE will facilitate this IPO as best we can, even on MPEX, we want to help bootstrap the bitcoin economy not get into a pissing competition. There is already work started for a pass through share.
August 20, 2012, 04:25:55 PM
Seriously, whats with this mickey mouse MPEx website? It's hanging off of some corporate site (http://polimedia.us) doesn't even have its own subdomain.
Strike 1: MPEx has negligible market share so the market for S.DICE securities will already be small and illiquid.
Strike 2: MPEx charges 20BTC further reducing the audience of people trading in the stock.
This is ridiculous! Why not GLBSE???!
Strike 1: MPEx has negligible market share so the market for S.DICE securities will already be small and illiquid.
Strike 2: MPEx charges 20BTC further reducing the audience of people trading in the stock.
This is ridiculous! Why not GLBSE???!
August 20, 2012, 04:21:50 PM
Lol, MPEX. Since MPEX is so much better than GLBSE, I wonder why GLBSE has more volume (by many orders of magnitude)
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
Let's say this S.DICE offer entices one person to sign up for MPEX. That's almost $200. Beautiful. Now you can hire a freelance HTML programmer
As for S.DICE itself, it's too "real" for the Bitcoiniverse. Anyone want to go long on it? Because I'm up for shorting.
August 20, 2012, 04:07:12 PM
Since these securities are totally unregulated, are there any rules regarding insiders? Who holds the other 90%? Does blockchain.info have an insider stake in SatoshiDICE.com? Shouldn't these be made public, so that going forward any conflicts of interest are clear?
Although the accounting for payouts is transparent, there is no mention of SatoshiDICE's cash reserves. What happens if the betting limits are raised and SatoshiDICE cannot make a payout? Are there third parties who backstop SatoshiDICE?
Is any of the IPO money going to increase cash reserves? What is the plan for raising the betting limits (the clear path to growth)?
Although the accounting for payouts is transparent, there is no mention of SatoshiDICE's cash reserves. What happens if the betting limits are raised and SatoshiDICE cannot make a payout? Are there third parties who backstop SatoshiDICE?
Is any of the IPO money going to increase cash reserves? What is the plan for raising the betting limits (the clear path to growth)?
August 20, 2012, 03:49:19 PM
What happens if the exchange gets shut down for the same? Pimping and hosting copyrighted porn can't be for added security.
If you keep significant assets in the exchange, and the exchange's domain is seized, you are screwed.
This is rubbish, IF the DOMAIN is seized.....then they need to get a new one and your assets there are fine. It's if the server is seized (don't even think there is much of a server for this) then it's a different story.
For this site I don't think the server is vulnerable at all since it's just a pretty front and all the work is done in the block chain (correct me if Im wrong).
August 20, 2012, 03:46:38 PM
The site itself is simply a fancy front entrance.
True. However, the expectation of parabolic growth comes not from an increasing stream of gambling "tech nerds", but from the mainstream exposure generated through advertising.
If the brand being advertised is SatoshiDICE.com then there could be considerable adverse effects on market share and revenue if the domain is seized. All those magazines will now have an invalid address (not to mention the chilling effect).
August 20, 2012, 03:43:19 PM
I'm surprised no one has mentioned this as a potential risk - a .com address is quite vulnerable given the propensity of the United States government to do as it pleases.
Wagers on SatoshiDICE occur over the P2P network and use the blockchain.
The site itself is simply a fancy front entrance.
SealsWithClubs took this on by creating a SealsWithClubs.eu and redirecting the .com and .org to the .eu domain.
[Update: As far as the equity, I don't know MPEx's contingency for that, though since authentication is via GPG key, there is probably a workable method should the site itself be disrupted.]
August 20, 2012, 03:34:29 PM
What happens if the exchange gets shut down for the same? Pimping and hosting copyrighted porn can't be for added security.
If you keep significant assets in the exchange, and the exchange's domain is seized, you are screwed.
But if you have your BTC assets in a brain wallet, then the closure of an exchange's domain will just mean some short term volatility, while exchanges re-gear to host their sites on Tor.
On the other hand, SatoshiDICE equities have no such protections. If you buy shares in the IPO and the US government simply comes in and seizes the domain later, there is little to no change of recouping your initial investment.
I'm surprised no one has mentioned this as a potential risk - a .com address is quite vulnerable given the propensity of the United States government to do as it pleases.
August 20, 2012, 03:28:22 PM
Just wondering,
what happens to the dividend and the stock price when this event occurs:
what happens to the dividend and the stock price when this event occurs:
August 20, 2012, 02:56:41 PM
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