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Topic: [HAVELOCK] CasinoBitco.in CBTC - page 22. (Read 149327 times)

hero member
Activity: 784
Merit: 1000
July 25, 2014, 12:51:57 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.
legendary
Activity: 1833
Merit: 1030
July 25, 2014, 12:51:06 PM
Hi Folks - Good conversation / debate in here. We will have some comprehensive feedback on share buy-back, and divs, early next week!
legendary
Activity: 1092
Merit: 1001
Touchdown
July 25, 2014, 12:45:59 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.
hero member
Activity: 784
Merit: 1000
July 25, 2014, 12:16:14 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.
legendary
Activity: 1036
Merit: 1000
July 24, 2014, 11:15:31 AM
legendary
Activity: 1036
Merit: 1000
July 24, 2014, 01:32:14 AM

They should forego dividends for a couple months and take out some shares... make the stock less volatile while also increasing future dividends

Wow you investors don't understand do you?  Why would they forego dividends when the own 60-75% of the 30 mil shares. Getting dividends now in BTC is vastly greater than buying shares now why because this is a USD based stock because gambling is USD based like mining.  The stock will continue to go down in BTC price as BTC gains value and the USD wagered stays the same or even grows.  So at a market cap of ~2000 BTC (~$1.3 ml USD) sounds about right to me with the amount of BTC being earned per month in profit per UsD.

Do you really think if BTC hits $3000 by end of the year CBTCs market cap will be 5x what it is now because share price will remain the same, no, why because you would have to assume BTC wagered will drop by 5x in value.





No, I don't think you understand. At all. The valuation is a bit high for what were getting currently but I think its worth it due to it's potential (more players as BTC gets more popular).

BTC has sat at the $620 mark for several weeks. Saying BTC will go to $3,000 is childish, and is not a valid reason for hoarding btc or paying dividends instead of doing something useful. CBTC is all over the place share wise, it will go from ~5500 satoshi up to 9-10k and back down, even though the BTC price stays the same. They need to buy back shares so that it doesn't swing so much, and also increase future dividends. I would like to see them cut it down to ~28-29 million shares over the course of the next month or two, would make the market a lot more stable. Would also make future payouts a little bigger making it more attractive for long term investors.
legendary
Activity: 817
Merit: 1000
July 23, 2014, 08:59:44 PM

They should forego dividends for a couple months and take out some shares... make the stock less volatile while also increasing future dividends

Wow you investors don't understand do you?  Why would they forego dividends when the own 60-75% of the 30 mil shares. Getting dividends now in BTC is vastly greater than buying shares now why because this is a USD based stock because gambling is USD based like mining.  The stock will continue to go down in BTC price as BTC gains value and the USD wagered stays the same or even grows.  So at a market cap of ~2000 BTC (~$1.3 ml USD) sounds about right to me with the amount of BTC being earned per month in profit per UsD.

Do you really think if BTC hits $3000 by end of the year CBTCs market cap will be 5x what it is now because share price will remain the same, no, why because you would have to assume BTC wagered will drop by 5x in value.

I think you forgot that btc hasn't been doing any going up for quite some time.
legendary
Activity: 1036
Merit: 1000
July 23, 2014, 07:11:45 PM
When the price gets so low, I wonder whether it is worth the company buying back and cancelling a few shares.

Yeah... CasinoBitcoin, do you guys have any thoughts on this?

This can be tricky... some1 would suggest company is posting bad reports to manipulate the Price to buy back cheap...

They should forego dividends for a couple months and take out some shares... make the stock less volatile while also increasing future dividends
hero member
Activity: 784
Merit: 1000
July 23, 2014, 12:13:36 PM
When the price gets so low, I wonder whether it is worth the company buying back and cancelling a few shares.

Yeah... CasinoBitcoin, do you guys have any thoughts on this?

This can be tricky... some1 would suggest company is posting bad reports to manipulate the Price to buy back cheap...
legendary
Activity: 817
Merit: 1000
July 23, 2014, 11:08:47 AM
When the price gets so low, I wonder whether it is worth the company buying back and cancelling a few shares.

Yeah... CasinoBitcoin, do you guys have any thoughts on this?
legendary
Activity: 1092
Merit: 1001
Touchdown
July 23, 2014, 09:20:53 AM
When the price gets so low, I wonder whether it is worth the company buying back and cancelling a few shares.
newbie
Activity: 15
Merit: 0
July 22, 2014, 10:59:30 PM
Dat price:(

This makes me so sad Sad
legendary
Activity: 817
Merit: 1000
July 22, 2014, 06:54:22 PM
Dat price:(
sr. member
Activity: 968
Merit: 250
July 22, 2014, 06:43:30 PM
where are u guys located at
legendary
Activity: 1092
Merit: 1001
Touchdown
July 17, 2014, 03:35:22 AM
...
Is there a question there somewhere, or do you just like the picture?
member
Activity: 60
Merit: 10
July 16, 2014, 07:22:01 PM
I've seen this a few times in the past an ignored it since I thought it would obviously be fixed soon.... but it hasn't:



 Im still seeing a simalar message on PeerBet when i click on casino. Says "invalid username or pass. to open account click here. to retrieve pass contact ....."  And right now, the site is running as poor as havelock! Angry

edit: was running as poor as havelock
The comment under the above image was my newbie mistake. Sorry mr_e and to anyone else for any misunderstanding. Embarrassed
hero member
Activity: 663
Merit: 500
July 16, 2014, 06:20:35 PM
CasinoBitco.in announces mid-month results for July 2014:

https://docs.google.com/spreadsheet/ccc?key=0AmSWZWkGJ1V3dFpxZHVTN0x6ZldUeHRteWdBd1pMNXc&usp=drive_web#gid=16
Sportsbook +19.4826
Casino (CasinoBitco.in + Bit777 + Peerbet) +6.967
Total: 26.4496

Results were relative strong in the sportsbook, and somewhat short of target in the CBTC Casino for volume, as well as taking some losses from larger players in the first half of the month. Fortunately, Bit777 & Peerbet posted a strong first 2 weeks, and we're excited about the strength of these properties moving forward - especially with the upcoming release of "Peerbet 2.0", which will include overhaul to much of the GUI and functionality across the site and games.

Thanks to all Havelock investors for your participation. We're exciting to be fast approaching football and the "busy" season of the year and plan to be ready with many of the developments discussed in the June report!
legendary
Activity: 1833
Merit: 1030
July 14, 2014, 06:21:56 PM
We are constantly working on finding the happy medium with the juice we charge - trust that it's a fine-balance and a job that never ends, but we are on top of it.

In terms of what we aim to be, of course we want to be the "go-to-shop" for all Bitcoin wagering, that's why we have a sportsbook, a provably fair html5 casino, a flash-based casino (bit777.com), and one of the longest running dice games in the business with peerbet.org under our umbrella! The evolution and 'merging' of the properties is still continuing - and will most likely be a work in progress throughout 2014 - but we are extremely diversed in our offerings.

The main initiative I have the team focussing on right now is ramping up all our properties ahead of NFL... We have about 50 days - but if we execute properly we will be in position to earn the lion share of the BTC Sports betting action. More to come in our monthly report of course.




any plans on  reduce juice for sportsbook ,   bitbook did too things right , reduce juice and customer service.  im looking to load up on some shares. how amped up are u guys on this project,  are u  aiming to become the pinnaclesports of the  btc betting world or  just a good btc book.
sr. member
Activity: 968
Merit: 250
July 14, 2014, 03:54:29 PM
any plans on  reduce juice for sportsbook ,   bitbook did too things right , reduce juice and customer service.  im looking to load up on some shares. how amped up are u guys on this project,  are u  aiming to become the pinnaclesports of the  btc betting world or  just a good btc book.
member
Activity: 60
Merit: 10
July 13, 2014, 08:52:04 PM
I've seen this a few times in the past an ignored it since I thought it would obviously be fixed soon.... but it hasn't:



 Im still seeing a simalar message on PeerBet when i click on casino. Says "invalid username or pass. to open account click here. to retrieve pass contact ....."  And right now, the site is running as poor as havelock! Angry

edit: was running as poor as havelock
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