Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx - page 7. (Read 316363 times)

Where are the payments coming from (address)

Thanks Erik for your work on the SatoshiDice!

weird, for someone to savvy enough to trade options, they would miss the zero, I think it might be his own account making a fake trade, to get people to buy in.

hahahaha you have to admit tho thats pretty cute, there isnt enough people who know how to write options in the market right now im sure as time goes on and more people trust the PTs it will get better but at the moment your probably gonna see stuff like this til it balances out,

comical though

I think you know the answer to that, and I think you're not the only one who's mildly surprised that nobody was left at the wheel.

Fools and their money, if it's too good to be true, and all that other good stuff

Wow, major bad karma to whatever dick wrote that call option.

There are 9000 call options available for S.DICE-PT on btct.co with a premium of 0.00001155 and a strike of 0.03100000. That's 10x too much, because of a missing 0.

1000 were already sold and exercised...


That poor guy paid 27.5 Bitcoin too much.

I think this payout structure makes it even more likely that MPEx is the buyer.

I agree that this went exceptionally good although I don't see how this should be proof of anything.
Even if this most recent move was not just a step to anonymize his 100% share in the company which would at least be a bit delicate for the other share holders, Erik had no big incentive to do harm to the customers and share holders.

Consider for a second Pirate@40 intended to pay back every last Satoshi and he was just stupid. Things going bad makes people forget about moral when money is at stake and I guess Erik would not be an exception. Taking an exit when things go really well is a smart move to not get tempted when things go bad.

Hey, if you were the owner of S.dice and had to pay taxes for the millions you make but then could sell to some undisclosed third party who paid you well, wouldn't that be great? Wouldn't it be even greater if that undisclosed third party was yourself calling you from the dark net? Wouldn't it be great if everybody had learned the rules of the game and was just playing happily ever after even if your public website crashes and burns? Some watch dogs might check if s.dice still plays by its rules by finding it on tor to check the revealed secrets and sound the whistle if it didn't, but why would it? I don't see how this service could run into any trouble apart from the bigger thieves (read "government") shooting at this small fish.

So what happens when DeaDTerras plane is dead set on screwing itself into Terra Firma?

You're a funny guy.

You got that wrong. Erik gets 126,315 BTC.

If I remember right, 3 more slice of 1 million shares were sold by the private investors, so 13m * 0.0035 = 45,500 BTC for MPEx holders.

It leaves 80,815 BTC to be split among the remaining 87m shares, thus 0.00092890 BTC per share. This cut is taken by Erik/private investors. Only MPEx holders are compensated at ~IPO prices. If the sale prices he quotes is true, he's giving MPEx holders almost 3x what he had to as per contract for the sale. About half the market price. It's a cut, but there wasn't enough demand to fill 87 million shares.


(By the way, for the others, even if it was not profit shares but these had voting rights, MPEx holders wouldn't be able to vote against it and the minimum compensation is indeed much lower than sale price, so he could have paid 0.00126 per share)

lol

Erik is an ethical business man and was very professional in his operation of SatoshiDice. Let this be an example to anyone who believes that we need regulations and the coercive power of the state in order to have commerce.

Erik, nice job this is really cool and I think that the SatoshiDICE experiment is one for the history books.

For how much of the total public lot does DeaDTerra account for?

Ask the operator(s) of the passthroughs. They have to manually distribute the coins when they receive them.

how long is it until this happens?

We made our buy decision not because of the dividends, are we? In the past months, shareholders' bitcoins are the 'bankroll' of Satoshi Dice game. Don't they deserve those dividends?? We bought it because we believe it will grow. Now it is earning way more than the time before IPO, but we have to sell them at much lower P/E ratio.

Even in Erik's 'share retirement' letter, he said 'This is a 277% premium over the sale price and a roughly 175% premium over the current market price of S.DICE shares on MPEX.' Wow fancy number! But this is completely misleading, please check how to calculate "premium" on dictionary - they should be 177% and 75%.

Sorry if I made my comments too personal. I just think shareholders deserve fair