Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 13. (Read 316363 times)

What's the dividend outlook this month?

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

Somethings up?

Guess bump and post for near 1 month forum inactivity from EH
https://bitcointalksearch.org/user/evoorhees-12149

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

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.

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

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.

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.

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.

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

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

You are wrong. AM paid ~140k in dividends, it took them only 4 months to earn this ammount with sales and mining. This is according to btc.co dividend history for AM. IPO shareholders are already more than 100k in profit. (If you add to this price increase in btc value (75$) and shares (4,5btc),  ~300x in dollar terms).

Yield was always larger than AM's. S.DICE has in its lifetime paid ~80k BTC in dividends to AM's ~20k.

Average share price on havelock and estimated yield on annual goat
ASICM   250172   ฿0.04430000   ฿751.6   ฿3419   ฿11083   ฿0.0002
25.61%   No
SDICE   14418   ฿0.19700000   ฿64.7   ฿107   ฿2840   ฿0.0047
฿0.0100   28.87%   No
http://postimg.org/image/r6mmt3loh/
https://www.havelockinvestments.com/funds.php

Did say now after price adjusting
Though null months do matter just measuring it on average based on market value Today

Edit that price dropped a bit now its not lol

IPO price would be silly to base yields on. The question to ask is "if I put X amount of coin into stock Y right now, how much do I get back per week/month/year?" Right now, ASICMiner is arounf 4.5 BTC per share. If you'd sell a share and put the 4.5 BTC into S.DICE, would you get more return on your investment?

This. It's funny how it says that there are comments, but no.

Well this is interesting the average yield is greater than AM now \ also wheres my 1 satoshi hehe j/k lol
.00004989 per share
4988 satoshis per share

That's not the thing I'm taking issue with.

I could be hired to be in charge of site security...working for free. I know nothing about web security, but hey I'm filling the position and doing it for free therfor we don't need somebody who can actually do web security.

If Erik cannot handle being his own PR he should hire somebody who can match the expected level of one. As a PR, you would be expected to relay the concerns and queries of investors to Erik and his response back. Putting PR in your name and parroting or offering nominal information does not exceed or even come close to meeting the expected duties of the role.

tl;dr Hiring a scuba diver to be a pilot does not make the diver an apt pilot.

If formation that still does need addressing however that you may have knowledge of:

- Did Erik remove the betting pool, and replace with this months dividends of his ( Even while this is still a hotly contested matter of the ownership of those funds)

- New site that we're paying for... mock up of what it looks like? additional features? Why it takes 3 months to show any progress?

- 'Big announcement' due 2 months ago...hoax?

-No company balance sheet? Or steps toward getting a competent  accountant...? (Back to no comments on the gdocs monthly expenses, wtf)

---
THESE are the things that a PR should be addressing, not the trivial 'hey! As expected, we're paying everyone dividends this month!1!!2'

Thanks for the update!

Dividend for June has now been paid at 4988 satoshis per share.