Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 66. (Read 316448 times)

HOly shit i missed this action.

how many rounds have their been so far, just the one?
when is the next round?
is their some kind of schedule?

can lightbox PLEASE issue an 'IPO' on havelock, the little guys want in on this!!!

Alright, that second tranche went MUCH better. I'm glad people had fun with it Things went smoothly because it was known ahead of time, and I learned my lesson. Investors don't like surprises.

I will do the next tranche at roughly the same time tomorrow (Wed. evening 10pm EST). Price will be .0062 per share this time.

Cheers and thanks for all your feedback.

The last block was incredibly fun! It was over in the span of 2 minutes. It's a much much better release than the one last night, less drama and more happy people all around.

From my perspective the current release is a Public Offering.  The IPO had very clear rules listed on the site.  I guess technically since these aren't new shares they're not a public offering, but since they're new to the market I feel like they are.  I would have liked to see something more concrete and explicit than a forum post for this sort of offering.

I thought he meant satoshi dice shares are his sole retirement plan, which is absurd.

many dividend investors live off the dividends and carefully pick stocks which have a multi decade history of paying and
raising dividends. In the early years before retirement they simply reinvest the dividends with no charge and as they hit
retirement they change that to cash payout via dividends.

there is nothing absurd about holding coke shares and many other predictable companies until you die.

The Coca-Cola Company has paid a quarterly dividend since 1920 and has increased dividends in each of the last 50 years. The dividend payment amount below is the actual amount paid per common share.
http://ir.thecoca-colacompany.com/phoenix.zhtml?c=94566&p=irol-dividends

i think they are a safe lifetime bet. I am unclear, if stocks are a small part, what in the world are you investing in right now
besides bitcoin and sd? bonds? gold? unicorns?

I'm not surprised that there are people stupid enough to risk substantial amounts of money (for them) without having the fainest understanding of even the most rudimentary concepts of finance, but it's terrible that busy people with real work to do have to waste so much time repeatedly explaining basic information to these fools and children.

Unless you mean "It is [a small part of] my retirement plan", it is absurd.

Maybe you didn't need that income?

Probably the only way to reasonably transmit gpg keys to another is as part of your final disposition of assets.


MPEx is an exchange. It doesn't distribute news, that's an entirely different line.

They're doing that because the tranche will probably be oversubscribed (not enough shares for the demand at the price of .0055). If you place a bid at .0056 you get shares before anyone who has a bid at .0055.

I'll post all info about the upcoming tranches here in this thread and also in the #bitcoin-assets IRC channel.

As mentioned, Tranche 2 will be 1m shares released at 10pm EST for .0055 btc per. Haven't decided on the following tranches yet, but it was a mistake for me not to announce the first one, so rest assured info will be posted here prior to any release.

I have no idea who they are :/

I honestly would've been blown away by it, but after my trip to Macau I learned that yes there are people out there who gamble with hundreds of thousands, even millions, of dollars. I saw Baccarat tables where people would play in VIP rooms for 36 hrs using $50,000 chips.

People are placing bids above 0.0055 instead of just at exactly 0.0055 and getting the price locked in.

Do they just not know that these new shares are hitting the market?

Is there any way to distribute info about tranches or other important information through MPEX or do you need to check this thread for anything related to S.DICE?

The whale has been observed recently playing "bit millions":

https://bitcointalksearch.org/topic/m.1505179

Erik, do you have any insights into who the whales are? Do you think they are an early adopter with a large bitcoin stash or are they gamblers buying bitcoins to play SatoshiDice?

(I don't subscribe to the conspiracy theory btw that the recent betting volumes are a ploy to increase the share price in case anyone thinks I'm implying that)

I'm just going to leave this here... http://www.marketwatch.com/story/dell-to-go-private-in-244-billion-deal-2013-02-05-10103550

Don't be be so sure. What if you don't get any and the 3rd tranche is set at .0060, then you'll just be spinning your wheels.

Also, it's not "taking advantage". If a buyer sees value, they buy. The dividend doesn't change based on share price.

EskimoBob, you write lots of nonsense.

1) Are you suggesting that the whales are artificial, to boost up volumes? If so, please state this plainly. They are real, and besides the whales the base volume on the site is up substantially as well. Please present some evidence if you think something nefarious is going on, otherwise you're just spreading misinformation.

2) Are you suggesting that there is something wrong with large owners selling a small portion to the community? If so, why?

3) Are you suggesting that it is not a good idea to get legal council on SD? I think it's a very responsible thing to do

And you're ignoring the plain fact: SD has grown into an impressive operation. Those who bought S.DICE shares have seen both substantial appreciation as well as excellent dividends. The price of listed shares goes down to .0044 for 12 hours because I release a tranche to the community (selling for less than I could get if I were being super greedy) and you freak out?

Perhaps you don't believe that anyone in Bitcoinland is legitimate? Is it so hard to believe that there are real businesses being built, earning real income, and being honest about their operations, and benefiting those involved?  Do you not believe that Bitcoin is going to be a huge wealth generator for everyone who is involved in building these systems?

If you have valid concerns please convey them, but right now you're spreading FUD.

I love it! You guys are all so happy to mop up the shares, while largest investor(s) are slowly exiting. Wonderful!

Last few months have shown, how lucrative SDICE is. Whales appeared from nowhere and dumped piles upon piles of coin to SDICE. Guess what, it helps IPO to be finally sold out... and now, we have another placement of shares.
"HE IS GIVING YOU FREE MONEY" - like one retarded fuck was screaming in IRC.
 
You know what, this sounds so honest and so right, ya'll MUST! take out second mortgages and buy more SDICE!

PS! I hope I am wrong an this is not turning out to be another clusterfuck brewing in BTC land.

Hold on... its not a cluster fuck, IT IS A FKN S**T STORM!


talking with a lawfirm ... oops, we all know how this can end

I didn't screw anyone. Screwing shareholders would be a dilution, or running the site into the ground, or lying about something, or falsifying bets, etc. I've talked with many shareholders about this, the vast majority aren't bothered at all, because they know the value of the shares didn't fall just because the price was lower for 12 hours.


False. Let's look at Bitcoin itself. I know Bitcoins are worth hundreds or thousands of dollars, because they will change the world. THAT is their value. The fact that the price is only $20 means it's a great time to be accumulating them. When BTC went to $2 in Nov 2011, I knew that wasn't the correct value, and bought more of them. Price =/= value. The entire point of investing, if you're doing it right, is to find things that have a price below their value, buy it, and wait for the rest of the market to realize its mistake.


False. See above. A share given away for free still earns dividends and thus has value. So in this case price = 0 and value is clearly much higher.


I'm not assuming that at all. But I am assuming holders know relatively what these shares are worth, and thus when they see more available at a price below market they'll be happy, not upset.


I didn't cost you anything. If you sold your shares at .0044 then you cost yourself, for selling below proper value. I'm guessing you didnt sell, and the price almost already back to where it was prior, so did I "earn" you 30% today?


I don't make that assumption. I simply assume the price will tend towards the proper value-based level.

http://financials.morningstar.com/ratios/r.html?t=DELL®ion=USA&culture=en-us

23 Billion market cap, FCF of 3.2B, 3.3B, 4.8B 4.1B, 3.1B, 3.1 B, 1.4B, 3.6B, 3.5B, 4.8B and 3.1B in the last ten years. Even at 2.3B that's 10% Yield on Free Cash flow. Fyrthermore they own 11.2B in cash and short term investments while total debt is 9 B (so net positive 2.2B).

Dell is worth well north of $20 and I am getting screwed.


Sure you can start eating your equity when you think you get close to death. Most of us aren't that sure about the date of their demise though. Anyway, I buy stocks as though I do not get to sell them: ever.