[CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 50.

JordanL

donator

Activity: 294

Merit: 250

Quote from: FTWbitcoinFTW on March 17, 2013, 03:23:09 PM

* Like BTC, is very hard to shut down S.Dice. All you need is address to bet !

No, this is not true. Bitcoin is decentralized, you would have to shut down every computer mining to shut it down.

I'm not saying S.Dice would be easy for authorities to shut down, I have no idea really of how the company is structured, but it would not be even close to as hard as it would be to shut down Bitcoin itself. A few people, one company, a few servers, that's all they would have to find to shut down Satoshi Dice. Apples and oranges.

JordanL

donator

Activity: 294

Merit: 250

Quote from: StarenseN on March 17, 2013, 03:34:48 PM

D) no new bids as very few accounts are created on mpex (1300$ - 30BTC is a pain) > agony ?

There are enough passthroughs and brokers by now that this isn't really an issue. I have tried out CoinBR.com (because I try out almost every BTC related service), and they are really top notch. Reasonable fees, great support, and your trades are processed on MPEx immediately. Perfect for smaller traders who want to trade on MPEx but don't want to pay the upfront fee.

StarenseN

legendary

Activity: 2478

Merit: 1362

D) no new bids as very few accounts are created on mpex (1300$ - 30BTC is a pain) > agony ?

FTWbitcoinFTW

sr. member

Activity: 476

Merit: 250

Here's why I think there's been a lack of S.DICE buying pressure:

A) The general belief that SatoshiDice betting volume in BTC is inversely correlated with the BTC/USD exchange rate. New S.DICE bids became very rare indeed when the BTC/USD price started soaring over $20.

* 3M share was sold at more than $20/BTC

B) Fear that SatoshiDice will be shut down by some authority and without any warning.

* Like BTC, is very hard to shut down S.Dice. All you need is address to bet !

C) A lack of news or updates is allowing fear to be the dominant factor guiding trading decisions.

*$500K/month look like a good news/update to me.

The outlook is bright, however. There's strong evidence that betting volume has remained constant when whale action is factored out (many thanks to organofcorti and dooglus for this analysis). Evoorhees is presently working on removing any question about SatoshiDice's legal status, and in the meantime is laying low. When the legal issues are put to rest and evoorhees starts promoting the business again, I think we can expect a big swing in sentiment from negative to positive, and thus a higher and more stable share price.

*March without whales looks like shit
*Legal statut is crystal clear, 13% to mpex, 86% for a "mysterious investor". Erik is just a "worker"
*If march is negative ! Swing there will be but not in the way expected

maximian

newbie

Activity: 25

Merit: 0

Here's why I think there's been a lack of S.DICE buying pressure:

A) The general belief that SatoshiDice betting volume in BTC is inversely correlated with the BTC/USD exchange rate. New S.DICE bids became very rare indeed when the BTC/USD price started soaring over $20.

B) Fear that SatoshiDice will be shut down by some authority and without any warning.

C) A lack of news or updates is allowing fear to be the dominant factor guiding trading decisions.

The outlook is bright, however. There's strong evidence that betting volume has remained constant when whale action is factored out (many thanks to organofcorti and dooglus for this analysis). Evoorhees is presently working on removing any question about SatoshiDice's legal status, and in the meantime is laying low. When the legal issues are put to rest and evoorhees starts promoting the business again, I think we can expect a big swing in sentiment from negative to positive, and thus a higher and more stable share price.

dooglus

legendary

Activity: 2940

Merit: 1333

Quote from: Choadzilla on March 16, 2013, 11:40:29 PM

clearly people are gambling less total BTC given the recent surge in prices

I don't think that's true. The bet volume now is much the same as it has been for a long time if you disregard the huge volume bet by a single large player in December, January, and the first week of February.

Look at this 'violin plot' generated by organofcorti here:

And look at the gradient of the red line here. It's pretty much the same now as it was for 3 months before the large player arrive at the start of December:

Choadzilla

newbie

Activity: 48

Merit: 0

Let's stop talking about mpex and back to this dividend-paying asset..

clearly people are gambling less total BTC given the recent surge in prices, but are we expecting this to reach previous highs now that the price is (relatively) stable?

There is always that difference between havelock prices and bitfunder prices and mpex prices; just cuz of 0 arbitrage opportunities? If so then it's even more likely that these rapid drops in price are just liquidity issues, and the effect of lessened BTC volume on the btc valuation, btc assets of this btc only company has yet to truely play out: we don't know where the true value atttttt

poly

member

Activity: 84

Merit: 10

Weighted companion cube

Quote from: wtfvanity on March 12, 2013, 12:58:57 PM

Quote from: Zedster on March 12, 2013, 12:43:07 PM

Quote from: wtfvanity on March 11, 2013, 08:52:14 AM

Quote from: vampire on March 10, 2013, 11:20:23 AM

Quote from: MPOE-PR on March 10, 2013, 11:13:27 AM

Urmom.

A brilliant point, moron.

When MPOE at least thinks they are right, they respond. They may not be, but a response is given. When they are wrong, you are ignored. Take it as, they can't see how to appropriately respond to you.

Why do you call MP they? Because of his multiple personality disorder? Because you think PR is hot? There is no "they" here. How many people you hiding up there MP?

They meaning not sure if it's a guy or a girl. Lots of people call it a she. Some a he. Don't give a rats ass enough about "it" to confirm it one way or the other. And the MPD could be a good reason too.

I think Mircea Popescu is a he?

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

http://bitcoin-assets.com/mpex-socket/

kingcrimson

legendary

Activity: 1025

Merit: 1000

so what is the share value right now to where the actual demand is? every time I put up a small ask I get five people come in trying to sell at .0001 under me :-/. It appears to be a small demand right now.

Zedster

full member

Activity: 182

Merit: 100

Quote from: nebulus on March 12, 2013, 07:20:54 PM

Who cares... just bring the site back up...

Errr the site is up

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

Who cares... just bring the site back up...

wtfvanity

hero member

Activity: 504

Merit: 500

WTF???

Quote from: Zedster on March 12, 2013, 12:43:07 PM

Quote from: wtfvanity on March 11, 2013, 08:52:14 AM

Quote from: vampire on March 10, 2013, 11:20:23 AM

Quote from: MPOE-PR on March 10, 2013, 11:13:27 AM

Urmom.

A brilliant point, moron.

When MPOE at least thinks they are right, they respond. They may not be, but a response is given. When they are wrong, you are ignored. Take it as, they can't see how to appropriately respond to you.

Why do you call MP they? Because of his multiple personality disorder? Because you think PR is hot? There is no "they" here. How many people you hiding up there MP?

They meaning not sure if it's a guy or a girl. Lots of people call it a she. Some a he. Don't give a rats ass enough about "it" to confirm it one way or the other. And the MPD could be a good reason too.

Zedster

full member

Activity: 182

Merit: 100

Quote from: wtfvanity on March 11, 2013, 08:52:14 AM

Quote from: vampire on March 10, 2013, 11:20:23 AM

Quote from: MPOE-PR on March 10, 2013, 11:13:27 AM

Urmom.

A brilliant point, moron.

When MPOE at least thinks they are right, they respond. They may not be, but a response is given. When they are wrong, you are ignored. Take it as, they can't see how to appropriately respond to you.

Why do you call MP they? Because of his multiple personality disorder? Because you think PR is hot? There is no "they" here. How many people you hiding up there MP?

wtfvanity

hero member

Activity: 504

Merit: 500

WTF???

Quote from: vampire on March 10, 2013, 11:20:23 AM

Quote from: MPOE-PR on March 10, 2013, 11:13:27 AM

Urmom.

A brilliant point, moron.

When MPOE at least thinks they are right, they respond. They may not be, but a response is given. When they are wrong, you are ignored. Take it as, they can't see how to appropriately respond to you.

CharlesPonzi

member

Activity: 98

Merit: 10

Quote from: vampire on March 10, 2013, 10:02:20 AM

Quote from: MPOE-PR on March 10, 2013, 08:32:28 AM

Yeah, yeah. Let's get your terminology straight.

Idiot = you. Idiot != me.
Down = unintentionally unavailable. Down != intentionally unavailable.
Closed = intentionally unavailable. Closed != unintentionally unavailable.
If an airplane is parked on the runway it's not "a downed airplane". If an airplane crashes on the runway it is not "a parked airplane".
Why is this so difficult for you?

A simple sentence: We brought our servers down for a scheduled maintenance.

Examples:

Steam: https://support.steampowered.com/kb_article.php?ref=7366-ETYS-5919

Learn to speak English first. Planes are grounded for maintenance, but also can be down for maintenance. Down isn't the same as downed.

MPOE-PR is an idiot.

But that doesnt create the same SEO as having a thread full of people talking about your site.

MPOE-PR

hero member

Activity: 756

Merit: 522