Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 30. (Read 316434 times)

Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.

They don't mention that they have fees (or rather, the lack of) anywhere, not even logged in I don't think.

The best I can do is look at their site. What I see there is Sign In/Register Fund Reports Our Funds Contact Us. I don't happen to be a user, so which of these should I click to see your claim confirmed?

Well hes busy at the bitcoin conference since I'm stalking that thread Also this is not the main satoshidice official page but the Mpex page even though its popular XD

If they were answered, or their subjects weren't shrouded in such ambiguity...then they wouldn't be asked 'too much'. These are important questions, that effect all users, shareholders along with Erik's reputation. You sir, should appreciate the time I invest in persisting to get these answers as they're beneficial to the overall community.

Well I know hav fees are from the dividend side so
But I guess that is true 0.2 is not the lowest sell side its 0

I ask more

You ask too much!

It worries me that you didn't supply a simple yes/no to the 1st point. While also avoiding answering something I'd imagine you should be familiar with...Is the pay calculated at the start or end of the month or is is it an averaged sum of each day in the month.

At the moment, it's looking a lot like these 2 figures have little in common and are merely vectors for maximising your personal gains. I dislike making claims of this nature but with all these new costs appearing along with your unwillingness to give any sort of detailed response in regards to them leave me little choice. So please, instead of trying to shirk the issue till the end of the month, demonstrate that I am incorrect in my presumptions and that you are in fact acting with honesty and with full regard for those with a stake in your actions. Thank you.

These are good questions. At the end of this month, I'll detail the current expenses and what people can expect going forward.

That's ok, you have to really try to manage offending me.


You don't need a yubikey (nor is it actually very useful). A STAT is just that, you type out STAT and gpg-sign/gpg-encrypt it.


Some meme thing.


Actually if you use pympex (and I think pretty much everyone does), which is simply a python script, you can run it on any platform (windows, linux, mac, anything that has python and gpg ported which pretty much means everything).


Transferred where you mean?




There's no assignment whatever. If you can use the registered key to sign you can issue orders, they will be honored.


Can you rephrase this?


Can you rephrase that too?


Security. MPEx is both theoretically (because of pgp, for instance) and practically (because of its history, for instance) pretty much the only secure service in all of Bitcoin (and yes, anything website-based is insecure by that very fact).

Professionalism. Too much stuff to list, not to mention too many people will get severe acute butthurt if I do. Reading my post history may be a good proxy.

Economic reasons. 0.2% fee sell side only is still by far the lowest fee in BTC. S.DICE raised ~50k BTC on its IPO, this is yet to be matched by anyone. Stuff like that.

Lolz..let me fix that for you:

For the record: MPOE-PR is some failed wannabe financier (loosely associated with some wannabe competitor for that matter) suffering from delusions of grandeur and narcissism. Take what she says with a grain of salt (not because what she says about me is wrong, which it is, but because what she says about finance is stupid, which she is).

And I'd recommend learning to understand an exaggeration when you see it. I know there are more than 5 people on MPEx.

Anyway..back on topic.


I take this philosophy to heart as well, and it has been quite helpful over the past few years. With a little due diligence it's usually easy to see when people are overreacting to news..and at that point, "keep calm and profit"

I'm no professional trader, but I always follow the same simple strategy: I buy during panic sell offs caused by negative news (eg, Dwolla/MtGox situation, the block chain fork, etc. ) and I sell when others panic buy or when all the market is uber bullish

Sure, to catch the very bottom and the very top you need to be lucky and most times it does not happen, but this very simple strategy worked wonders for me, not only in the BTC world.

I bought BlackBerry stocks when everybody was saying they were dead, and I sold all my holdings during the rally prior of the official presentation of BB10, making 300% profits.

[/quote]

I do the same but check if the news is really something that can cause disaster and is worth that risk
Although sometimes weird things happen Fannie Mae and Freddie Mac returning a lot of money for people who held it for the last year and bought in at 20 cents kind of looks like a bitcoin chart haha
http://www.freddiemac.com/investors/stock/stock_chart.html
http://finance.yahoo.com/echarts?s=FNMA+Interactive#symbol=fnma;range=ytd;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

Thanks I didn't mean to offend you MPOE still learning these things Learn't how the Hash Key's work and the Blockchain today Lot of history on this forum.
(Need to learn the internal coding aka actually understanding how it functions another day from some source docs or looking around for someones explanation and getting the basics down then looking at the circuitry per-se with all the alt currencies seems like a general design then they tinker with it a bit lol)

Now for a somewhat learning spiel

You are correct it was 30 BTC not 50. I did read some of the FAQ so recalled some things vaguely was on that page for a while didn't want to be part of that thread though http://polimedia.us/trilema/2013/because-most-people-are-idiots-in-spite-of-never-manning-up-and-admitting-to-it/

First, you need to get registered. Export your public key (gpg --armor --output pubkey.txt --export 'Your Name') and email it. Make sure you include the exact phrase "I understand that I will be required to pay 30 BTC as fees for registering this account, and I agree and promise to do so" or your email will be discarded unread. This is unfortunately necessary because idiots.

I was thinking that I would need a Yubikey on top of that and learn what the heck STAT and Armor were well as expected the bar is fairly high but once you get it probally is cake

Dear Lord, what is this ?
Yes, this is dog. == God never got that reference

Bunch of linux nodes/unix command probably to execute orders. But for example if it was a sale of ASIC-Miner shares since that's popular using the forum and bidding figuring out how the shares would be transferred etc would be a puzzle.
Bit of a learning curve but then it's designed like that so people really know what their doing and as the FAQ repeats filter idiots

I never saw the mpex joining chart before so a lot of people sign up and even more recently neat seems to be growing but this seems to only go to January 2013 curious what it looks like now in May and to be fair this doesn't account for the price rise if we go by the charted history
http://bitcoincharts.com/charts/mtgoxUSD#rg360ztgSzm1g10zm2g25zv
You can easily calculate how many accounts are paid monthly/cumulative seeing how they're itemized in the S.MPOE monthly reports.  Was wondering if you could point me in the right direction so I can calculate it then Unless its in the mini text on the sidebar and I overlooked one of them or in No se en Espanol actually Se but where


The FAQ said it was designed so it could work with some automated programs or trade probably why it keeps that design but I never was certain on some points
For example were the accounts resell-able if the cost of entry rose in the foreseeable future or were the keys assigned by IP and unique  identification. How many people could use a single account, or if users are transferred what type of notice should be given to the site owner if any. Example scenarios someone doesn't trade highly enough or cost of entry rises to where it becomes attractive to resell account.

Another question was
Since passthrus are conducted through MPEX and have a reverse conversion option on most indexes what were the advantages of that and relating to that what is the average net investors wealth on mpex due to the high entry makes sense for big users to play there.
For example
Units of the fund ARE convertible to shares on MPEX at 1 unit = 100 shares PUSHED to your MPEX account for a fixed fee of 1 BTC per transfer (fee subject to change). Contact us by email to initiate a transfer. Shares are also accepted as transfers FROM MPEX to Havelock with no fee.

And relating to that what degree of margin is allowed was another curiosity WOT = Web of Trust  ratio's to positive ratings etc and its % based return on margins.

There is a 30BTC fixed fee for adding your public key to the MPEx. This is a one-time fee. All sellers are assesed a 0.2% fee at the moment the sale completes (so if you sell 500 stocks for 100 satoshi each you get 49`900 satoshi or 0.000499 BTC). All MKOPT and MKFUT orders are assesed a 2% fee (SPLIT orders are free).
Also so 30 BTC is one time only check. Buyers feeless sellers 0.2% Flat fee any size and not sure what MKOPT and MKFUTs darn acronyms
I will admit I probally am still on the fringe of the naive contingent but am learning
That said people use MPEx for a reason and it remains popular even if I don't know all the reasons why so could use some enlightenment if you have any points that I missed.


As for ASICMiner
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=12
Well predicted dividend chart helps to determine a fair market value
Exception for the Avalons this time

Good time to buy SDICE shares.

Quote
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
True but it doesn't mean chasing down a spirial staircase

That said if it goes to 0.15 and the currency is not at 200 dollars a bitcoin again NOM!

Ah PPS Well their always is freenode but then I would feel like I'm overkilling with questions

Well according to the crowdsourced wisdom in the other thread the right time to buy a stock is when it's expensive and the right time to sell it is when it's cheap.

Before you laugh, this is in point of fact exactly the advice "financial advisors" were even recently giving their well paying, high powered customers such as Stanford etc.
[/quote]

I'm no professional trader, but I always follow the same simple strategy: I buy during panic sell offs caused by negative news (eg, Dwolla/MtGox situation, the block chain fork, etc. ) and I sell when others panic buy or when all the market is uber bullish

Sure, to catch the very bottom and the very top you need to be lucky and most times it does not happen, but this very simple strategy worked wonders for me, not only in the BTC world.

I bought BlackBerry stocks when everybody was saying they were dead, and I sold all my holdings during the rally prior of the official presentation of BB10, making 300% profits.

For the record: Korbman is some failed wannabe financier (loosely associated with some wannabe competitor for that matter). Take what he says with a grain of salt (not because what he says about MPEx is wrong, which it is, but because what he says about finance is stupid, which he is).

Other than that: fee is still 30 BTC. There were > 100 paid accounts in January (sauce). You can easily calculate how many accounts are paid monthly/cumulative seeing how they're itemized in the S.MPOE monthly reports.

On a more general note, the set of people making negative assessments of S.MPOE/MPEx and the set of people that are either too lazy to read or functionally illiterate (for either an intellectual or educational deficit) converge greatly.

The former group is somewhat larger, as it also contains a naive contingent that (wrongly) imagines itself able to impose error as commonly accepted truth through winning some sort of marketing contest, in spite of this never having worked before and without bothering to notice the pain inflicted on those who have so far tried to. Partial list of people you might have heard of includes Amir Taaki, Nefario, Goat - who after six months spent in an opium den to try and forget his previous beating is back again apparently looking for more - Gigavps, Patrick Harnett, Kludge, Meni Rosenfeld, rpietila and on and on it goes. The forum is littered with the decomposing carcasses of those who thought they know better than MP, they can more than MP and whatnot.


Well according to the crowdsourced wisdom in the other thread the right time to buy a stock is when it's expensive and the right time to sell it is when it's cheap.

Before you laugh, this is in point of fact exactly the advice "financial advisors" were even recently giving their well paying, high powered customers such as Stanford etc.

Good time to buy SDICE shares.

What I'm trying to say is that you are not making an argument for your case.

You're just spitting your gut, it seems to me.