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Topic: [HAVELOCK] CasinoBitco.in CBTC - page 21. (Read 149393 times)

legendary
Activity: 1833
Merit: 1030
August 02, 2014, 08:53:39 AM
We will publish our full July report on Havelock, and link it here by Tuesday August 5th.

Hi Folks - Good conversation / debate in here. We will have some comprehensive feedback on share buy-back, and divs, early next week!

Did you mean this week or first week of August?
member
Activity: 60
Merit: 10
July 31, 2014, 10:28:05 PM
Hi Folks - Good conversation / debate in here. We will have some comprehensive feedback on share buy-back, and divs, early next week!

Did you mean this week or first week of August?
sr. member
Activity: 378
Merit: 254
July 30, 2014, 09:16:35 PM
Btc goes up, stock goes down! Btc goes down, stock goes down! I'm fuckin' lost here, this is a good company but such a falling price usually points to insider knowledge... What are we missing?

Btc goes up people want to cash out. Btc goes down people want to cash out. This is a good company and they are on the right track. Very undervalued for their potential at the moment.

You bet!  How's MintSpare doing, all good?  

We have been working with Mintspare closely during the past few months and they have a bright future ahead of them. They should and will start to post and respond to requests on this forum.

We do hold the Bitcoins raised during their offering in escrow and only distribute those funds as needed.

...We are in constant contact with them to make sure the company is active and making progress.


*For those not current on the MintSpare saga [Havelock ticker: MS], this jewel is currently trading @1/25th of its issue price, with months since a comment from the issuer or Havelock.
(Havelock claims to still be holding 100BTC in escrow).
sr. member
Activity: 328
Merit: 250
July 30, 2014, 08:42:46 PM
Btc goes up, stock goes down! Btc goes down, stock goes down! I'm fuckin' lost here, this is a good company but such a falling price usually points to insider knowledge... What are we missing?

Btc goes up people want to cash out. Btc goes down people want to cash out. This is a good company and they are on the right track. Very undervalued for their potential at the moment.
legendary
Activity: 1833
Merit: 1030
July 30, 2014, 01:33:00 PM
Regarding insider trading - I'd like to make it clear that management and partners of CasinoBitco.in are 100% forbidden from selling any units on the open market within Havelock. (Havelock can confirm this if desired).

We put all the units on Havelock as a measure of further transparency to ensure the folks that are merely working in exchange for equity we're getting paid correctly, in-line with other unit holders of CBTC within Havelock.




Btc goes up, stock goes down! Btc goes down, stock goes down! I'm fuckin' lost here, this is a good company but such a falling price usually points to insider knowledge... What are we missing?
legendary
Activity: 817
Merit: 1000
July 30, 2014, 12:27:05 PM
Btc goes up, stock goes down! Btc goes down, stock goes down! I'm fuckin' lost here, this is a good company but such a falling price usually points to insider knowledge... What are we missing?
hero member
Activity: 663
Merit: 500
July 30, 2014, 11:51:36 AM
Not sure I would display the house edge on the stats page, but maybe that's just me.

Any particular reason why not?

The value can be pretty easily estimated based on WizardOfOdds and our game volume.

Also, players have on averaged performed worse than the mathematical odds would allow on skill-related games like Blackjack.

hero member
Activity: 763
Merit: 500
July 30, 2014, 11:36:59 AM
Not sure I would display the house edge on the stats page, but maybe that's just me.
hero member
Activity: 663
Merit: 500
July 28, 2014, 11:25:52 PM
Announcing our new "Live Stats" page!

Follow the action live for our HTML5 CasinoBitco.in casino games at

https://www.casinobitco.in/stats

See our house total win/loss for the last 72 hours in the casino, as well as our expected mathematical edge. Also see our number of hands and mBTC bet as it happens - or play yourself, and see your action show up on the charts!

**You may need to refresh the webpage multiple times if nobody has visited it lately
**All information is measured and updated hourly
**Graphs and information represent the last 3 days of action only
**Hosted by Google - may crash or be slow to load. Please PM any particular errors received and we will work on it!
**Be sure you aren't behind any firewalls


Sample 1)


Sample 2)
member
Activity: 60
Merit: 10
July 27, 2014, 06:35:42 PM
When does the monthly report come out (just curious)?

  It's usually posted by the 5th of the month.
legendary
Activity: 1036
Merit: 1000
July 27, 2014, 09:54:28 AM
When does the monthly report come out (just curious)?
legendary
Activity: 1036
Merit: 1000
July 26, 2014, 08:52:02 PM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.

if that happens, this will be pumped and dumped

I would suggest you don't purchase anything related to securities, whether that be in fiat or bitcoin, or anything else for that matter. Buying back shares makes it harder to be pumped and dumped. The stock is being pumped and dumped as is, and has been for a while.

Looks like you don't know what happens when nobody want to buy shares at 15k-20k for 70-80 sat dividens... good look with your pump strategy

Looks like you still have no clue what your talking about. With a reduction of shares the dividend would go up accordingly, you would be getting more dividend per share. If people want to sell cheaper than 15-20k (as they will), they can. If CBTC uses the dividend funds to buy back shares for a few months, there will always be buy orders for those with sell orders. People can keep selling at 10k, 15k etc, and they will be eaten up. The value of each share goes up every time a share is taken out of of the equation.
sr. member
Activity: 378
Merit: 254
July 26, 2014, 09:41:58 AM
...
Why not suggest investors use their dividends to buy shares don't try to sell their shares, which will remove some shares from the market which would support the price

...that works too Smiley
newbie
Activity: 42
Merit: 0
July 26, 2014, 08:02:32 AM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.

if that happens, this will be pumped and dumped

I would suggest you don't purchase anything related to securities, whether that be in fiat or bitcoin, or anything else for that matter. Buying back shares makes it harder to be pumped and dumped. The stock is being pumped and dumped as is, and has been for a while.

Looks like you don't know what happens when nobody want to buy shares at 15k-20k for 70-80 sat dividens... good look with your pump strategy

Why not suggest investors use their dividends to buy shares, which will remove some shares from the market which would support the price
hero member
Activity: 784
Merit: 1000
July 26, 2014, 01:44:20 AM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.

if that happens, this will be pumped and dumped

I would suggest you don't purchase anything related to securities, whether that be in fiat or bitcoin, or anything else for that matter. Buying back shares makes it harder to be pumped and dumped. The stock is being pumped and dumped as is, and has been for a while.

Looks like you don't know what happens when nobody want to buy shares at 15k-20k for 70-80 sat dividens... good look with your pump strategy
legendary
Activity: 1036
Merit: 1000
July 26, 2014, 12:47:33 AM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.

if that happens, this will be pumped and dumped

I would suggest you don't purchase anything related to securities, whether that be in fiat or bitcoin, or anything else for that matter. Buying back shares makes it harder to be pumped and dumped. The stock is being pumped and dumped as is, and has been for a while.
hero member
Activity: 784
Merit: 1000
July 25, 2014, 05:10:08 PM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.

if that happens, this will be pumped and dumped
legendary
Activity: 1036
Merit: 1000
July 25, 2014, 04:52:20 PM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).

Actually, I purchased a few at ~11k satoshi, and than I purchased a larger chunk at closer to 5k satoshi. Im not looking to sell anytime soon. And negative consequences? There is no possible way there could be negative consequences. At worst you miss 1 dividend payment that is ~1-2% of your total investment. Boohoo. And you clearly don't have any clue what you are talking about. Price goes up, dividends go up (Less shares = each dividend gives more BTC per share).

Buying back shares is basically a way of rewarding long term investors, while also pleasing short term investors by giving basically guaranteed buy orders at reasonable rates.

They should try and get the # of shares down 1-2 million shares over the next couple months.
hero member
Activity: 784
Merit: 1000
July 25, 2014, 04:22:49 PM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.

Your argument looks like from someone who want to dump his shares... what happens if they buyback shares and they have negative results for the next 6 months? how they will face it? if that happens the value will less tan 1k and this will die. But lets work on your point of view. they buy back shares, now the share cost 15k, so you have to pay 15k to get 70-80 sat per month (%0.5 per month). The cost of the share doesn't impact the dividends, dividens come from casino results, share could cost 100 sat, but if the result of the month give 1000 BTC you would get more than the cost of the share).
legendary
Activity: 1036
Merit: 1000
July 25, 2014, 03:52:12 PM
They don't "HAVE" to buy anything... if they want, they can, but they already have the money from IPO and don't need anything else to run the site. The only thing that may push them to manipulate the value its a new IPO.
They own shares too, no?  Using divs to buy back and cancel shares would benefit all shareholders equally.

Doing that, they will be risking all, it would be wise to keep a reserve or invest in another thing.


Your not making any sense. How are they risking anything by buying back shares instead of paying dividends? There was what, 20-25BTC in dividends last month. Lets put that into perspective:

Current ask prices:
65-6600 satoshi

Lets say they buy back, 20BTC worth of shares. Thats 2,000,000,000 satoshis

2,000,000,000 / 6550 = 305,343 shares. Given, there are only ~15,000 shares available in that price range. It would effectively buy up all the sell orders back until its in the ~10-15k satoshi per share range. Would also make the stock a lot more stable, as the "weaker hands" would be out of a good chunk of shares.

This allows people to sell their shares for BTC at a fair price, increases share value, increases future dividends per share, and makes the stock much more stable (Going from 5k-10k satoshi isn't good.). I fail to see why they wouldn't do this.
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