[CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 39.

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: Peter Lambert on April 20, 2013, 10:27:24 AM

Quote from: jim667 on April 20, 2013, 09:44:40 AM

Quote from: kokojie on April 19, 2013, 07:05:56 PM

What is there to understand? don't you send a bet to a Bitcoin address? the betting system relies on Bitcoin network only. The satoshidice.com frontend website serves only to see some stats and to copy down the betting address, which is also available elsewhere like blockchain.info

Right, so your explanation is that people typically write down their favorite Bitcoin addresses and monitor the blockchain for the outcome. I would have expected S.DICE was a more mainstream thing for impulse gamblers,
as in find satoshidice.com, buy bitcoins, bet them, repeat.

But you won't get any new users and with the influx of new accounts being opened at all exchanges (mtgox, bitstamp etc) it would be great if the website was up and running !

And Voorhees coming here to explain what is happening wouldn't be too much to ask. He created this thread to get investors, so please keep them updated through this same thread....

But what we are saying is that once you find satoshidice.com and bet, the address is saved in your client and you can keep doing the repeat part without going back to the website.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: jim667 on April 20, 2013, 09:44:40 AM

Quote from: kokojie on April 19, 2013, 07:05:56 PM

What is there to understand? don't you send a bet to a Bitcoin address? the betting system relies on Bitcoin network only. The satoshidice.com frontend website serves only to see some stats and to copy down the betting address, which is also available elsewhere like blockchain.info

Right, so your explanation is that people typically write down their favorite Bitcoin addresses and monitor the blockchain for the outcome. I would have expected S.DICE was a more mainstream thing for impulse gamblers,
as in find satoshidice.com, buy bitcoins, bet them, repeat.

But what we are saying is that once you find satoshidice.com and bet, the address is saved in your client and you can keep doing the repeat part without going back to the website.

jim667

newbie

Activity: 37

Merit: 0

Quote from: kokojie on April 19, 2013, 07:05:56 PM

What is there to understand? don't you send a bet to a Bitcoin address? the betting system relies on Bitcoin network only. The satoshidice.com frontend website serves only to see some stats and to copy down the betting address, which is also available elsewhere like blockchain.info

Right, so your explanation is that people typically write down their favorite Bitcoin addresses and monitor the blockchain for the outcome. I would have expected S.DICE was a more mainstream thing for impulse gamblers,
as in find satoshidice.com, buy bitcoins, bet them, repeat.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: nebulus on April 19, 2013, 04:25:04 PM

Without the CEO watching over it is possible that one day someone figures out how to beat the game and bankrupt the company. I think we are not heading the right way with the domain being in a questionable state, gentlemen...

Hopefully most of the company bankroll is offline and so if the 'hot wallet' ran out of funds some kind of manual intervention would be required to refill it. That doesn't guarantee that anyone would notice that something bad was going on, but it should give them pause for thought.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: jim667 on April 19, 2013, 06:38:46 PM

So can somebody explain to me, how come that the bets kept on flowing even with the domain down (that's a fact, right?)? DNS caching? Are there alternative routes to using this service besides satoshidice.com?

What is there to understand? don't you send a bet to a Bitcoin address? the betting system relies on Bitcoin network only. The satoshidice.com frontend website serves only to see some stats and to copy down the betting address, which is also available elsewhere like blockchain.info

carpetbagger

sr. member

Activity: 258

Merit: 250

You can trust me, I have an avatar

Quote from: jim667 on April 19, 2013, 06:38:46 PM

So can somebody explain to me, how come that the bets kept on flowing even with the domain down (that's a fact, right?)? DNS caching? Are there alternative routes to using this service besides satoshidice.com?

When you bet on satoshi dice, you simply send your bet to a selection of fixed btc addresses (depending on the odds you want). If the domain goes down, it doesn't affect the btc addresses or the site itself. I'd assume seasoned gamblers have the addresses stored in their client address book. Blockchain.info is another way to use the service.

jim667

newbie

Activity: 37

Merit: 0

So can somebody explain to me, how come that the bets kept on flowing even with the domain down (that's a fact, right?)? DNS caching? Are there alternative routes to using this service besides satoshidice.com?

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

Without the CEO watching over it is possible that one day someone figures out how to beat the game and bankrupt the company. I think we are not heading the right way with the domain being in a questionable state, gentlemen...

wtfvanity

hero member

Activity: 504

Merit: 500

WTF???

Quote from: Peter Lambert on April 19, 2013, 11:59:18 AM

Quote from: kokojie on April 19, 2013, 10:58:49 AM

Quote from: fluidjax on April 19, 2013, 10:56:46 AM

Eric (and everyone else who hosts something), just do it now, put your certificates and domain expiry dates into your calendar with an alert about 1 or 2 weeks before expiry.

Or ... you know just set your $1m+ annual revenue website's domain to auto-renew, which is offered by virtually any domain registrar. Or heck, spend 0.000001% of your profit, and pre-buy your domain registration for 10 years.

+1

+ another or two

lol. What's wrong with registering for multiple years. SEO likes that fact. Stick it on 10 years if you're in it for the long haul. It transfers out if you sell it. And stick it on auto renew.

Besides the fact that your regsitrar has been bugging you by email for months begging you to renew.

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: kokojie on April 19, 2013, 10:58:49 AM

Quote from: fluidjax on April 19, 2013, 10:56:46 AM

Eric (and everyone else who hosts something), just do it now, put your certificates and domain expiry dates into your calendar with an alert about 1 or 2 weeks before expiry.

Or ... you know just set your $1m+ annual revenue website's domain to auto-renew, which is offered by virtually any domain registrar. Or heck, spend 0.000001% of your profit, and pre-buy your domain registration for 10 years.

+1

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: fluidjax on April 19, 2013, 10:56:46 AM

Eric (and everyone else who hosts something), just do it now, put your certificates and domain expiry dates into your calendar with an alert about 1 or 2 weeks before expiry.

Or ... you know just set your $1m+ annual revenue website's domain to auto-renew, which is offered by virtually any domain registrar. Or heck, spend 0.000001% of your profit, and pre-buy your domain registration for 10 years.

fluidjax

hero member

Activity: 750

Merit: 601

Eric (and everyone else who hosts something), just do it now, put your certificates and domain expiry dates into your calendar with an alert about 1 or 2 weeks before expiry.

Logik

sr. member

Activity: 315

Merit: 255

Same here. Domain is back but server is extremely slow. Eventually loaded though.

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

is it just my dns cache or the domain is back ?

I can now resolve the right address to the server, although it's showing mysql is unreachable.

Logik

sr. member

Activity: 315

Merit: 255

Quote from: legitnick on April 19, 2013, 05:32:44 AM

So in other words now is a good time to invest? Tongue

Invest in a company where the management lets a domain lapse and doesn't even pop into the one of the most active threads on BitcoinTalk to explain as a courtesy? Hmmm Tongue

legitnick

hero member

Activity: 532

Merit: 500

Quote from: sunnankar on January 31, 2013, 03:31:38 PM

Quote from: 🏰 TradeFortress 🏰 on January 31, 2013, 01:12:54 AM

S.DICE dividends will probably be higher this month thanks to my 100+ BTC loss Tongue

Your loss would be immaterial to the earnings. From the blockchain analysis it looks like there have been about 1.2m BTC bet and about 19k net income due to bad luck of about 1.75% which is below the 1.9% house edge. The dividend will likely be around .00019 per share with the retained earnings increasing to about 46k BTC.

Based on my earlier analysis on 4 Jan where I predicted the price moving from .0048 to .0075 quickly and it happened within a month, it seems that SD shares are currently significantly undervalued.

Of course, after dividends are paid there will likely be a bunch reinvested into more shares.

So in other words now is a good time to invest? Tongue

dance4x

full member

Activity: 143

Merit: 100

Quote from: tulkos on April 19, 2013, 05:27:18 AM

Quote from: evoorhees on March 30, 2013, 11:45:21 AM

We've been considering the compressed keys for a while now. We have some slight security hesitations, but I believe we will be implementing this eventually, if not for the main addresses then for every new address we'll be creating (and this will be more relevant due to other developments we have in mind...). It's possible we'll do it for the main addresses as well.

We would ABSOLUTELY LOVE to drop the messaging micropayments and use real messages. We'll absolutely integrate this, and if I can offer some funds to help with that development, I will. I've told Gavin that SD is willing to fund worthy dev projects and have encouraged him to reach out to me if he comes across such a thing.

The messaging potential of Bitcoin is an excellent solution to the SD dust problem, and I'll do whatever I can to assist with that.

I can only hope the domain wasn't renewed on purpose, considering the supposed dev work that may have been happening.
Re-branding of the website?

It would still be considered unprofessional to do that without some kind of heads up message before it happened.

tulkos

member

Activity: 74

Merit: 10

Quote from: evoorhees on March 30, 2013, 11:45:21 AM

We've been considering the compressed keys for a while now. We have some slight security hesitations, but I believe we will be implementing this eventually, if not for the main addresses then for every new address we'll be creating (and this will be more relevant due to other developments we have in mind...). It's possible we'll do it for the main addresses as well.

We would ABSOLUTELY LOVE to drop the messaging micropayments and use real messages. We'll absolutely integrate this, and if I can offer some funds to help with that development, I will. I've told Gavin that SD is willing to fund worthy dev projects and have encouraged him to reach out to me if he comes across such a thing.

The messaging potential of Bitcoin is an excellent solution to the SD dust problem, and I'll do whatever I can to assist with that.

I can only hope the domain wasn't renewed on purpose, considering the supposed dev work that may have been happening.
Re-branding of the website?

sunnankar

legendary

Activity: 1031

Merit: 1000

Quote from: romerun on April 18, 2013, 10:48:07 PM

I was looking at the blockchain.info, bets were pouring in like nothing happened,

satoshidice.com is yet another front-end, although it's humungously fuck up, forgetting the renewal.

Government can take the domain down, the service will still live. It is DDOS resistance at no cost.

This is a very important point on business relisency. Still utter negligence to let a domain expire though. Very unprofessional.

GeoRW

sr. member

Activity: 350

Merit: 257

Trust No One

maybe Eric's lawyer recommended him not to renew the domain registration

Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 39. (Read 316442 times)