[HAVELOCK] CasinoBitco.in CBTC - page 42.

scotjam

sr. member

Activity: 269

Merit: 250

Quote from: Jungian on December 07, 2013, 06:29:03 AM

They really haven't shown profitability in the sportsbook yet tho. I think that is the biggest concern!

It's true that it is only marginal profitability, but surely the fact that it is no longer a drag on the business should be worth something (if they can keep it that way). The last two months, the sportsbook was -87 and -35; this month +2.4. The trajectory of sports definitely seems to be in the right direction but the BTC and $ denominated share price went down (a bit and a lot respectively).

The only way I could see to justify this is if a) CBTC was massively overpriced for the last couple of months (or is very illiquid now), or b) you don't believe the sportsbook trajectory and believe instead that there is huge overhang risk from sports and we just got lucky this month. Does that make sense?

scotjam

Jungian

legendary

Activity: 930

Merit: 1010

They really haven't shown profitability in the sportsbook yet tho. I think that is the biggest concern!

scotjam

sr. member

Activity: 269

Merit: 250

Quote from: acorcos on December 06, 2013, 11:17:43 PM

Quote from: scotjam on December 06, 2013, 10:16:41 PM

I'd be surprised if MPOE is actually a her

I guess the joke was lost without an emoticon

Haha - sorry - I do that in real life too. Unfortunately there are no clear emoticons in real life.

On a different topic, the price performance of CBTC is pretty bizarre. The price goes down in BTC as the company announces positive results, seemingly due to a rise in BTC prices (and the fiat ties that the company has). A bit odd, but fair enough.

CBTC announces strong growth, profitability in sportsbook, 5% p.a. dividend (that will rise - awesome) and BTC price drops by about 35%... and the price of CBTC declines slightly.

The only conclusions I could draw are that either there is still an overhang of concern about sportsbook risk (maybe this was just a lucky month) but even then you'd think the situation looks better than last month, or that that CBTC is not very liquid. This *has* to normalise once it becomes clear that profits (and the dividend) are stable and growing.

scotjam

phaskie

newbie

Activity: 25

Merit: 0

Keep on topic guys, please. No need to feed the troll.

Quote from: casinobitcoin on December 06, 2013, 03:22:40 AM

Quote from: kololo on December 05, 2013, 09:52:16 PM

5.4% annual ROI at 0.0001,2.98% annual ROI at 0.000181 .
And you are planning to release the left 557,594 shares.Are you going to make a lower price in order to sold them all?
Sportsbook lost 16 btc in 15/11～1/12.Why have a lost again? Do you really now it,and have some plan?
I think you guys need to think about the investor's feel.

Kololo,
Agreed, we need a strong plan in place. We do hope to significantly grow the dividend over the coming months.
We're gaining a lot of traffic and players with the growth of bitcoin;
Plus, in the short-term, we're counting on our new Affiliates platform and upcoming Roulette and Sportsbook upgrades to increase growth (we're having many sites pick up Affiliates already).
The sportsbook loss in the 2nd half essentially comes down to our limits being higher there than in casino - causing swings to happen more easily. We will be sure to continue to evaluate the best practices of CBTC in this regard and that we've configured everything correctly.

We haven't made any decisions on the release of additional units yet, but will keep everyone updated.

This is all great news. I also had some concerns with some of the sportsbook numbers, so thanks for addressing them. A few pages back there was some discussion about a site redesign. Is there any news about this?

acorcos

sr. member

Activity: 453

Merit: 250

Quote from: scotjam on December 06, 2013, 10:16:41 PM

I'd be surprised if MPOE is actually a her

I guess the joke was lost without an emoticon

scotjam

sr. member

Activity: 269

Merit: 250

Quote from: acorcos on December 06, 2013, 10:10:53 PM

Quote from: mannybitcoins on December 06, 2013, 06:03:19 PM

Are you really paid to post in thread and basically troll? Who pays you to do this?

Don't encourage her. Please.

I'd be surprised if MPOE is actually a her; I think it's a PR rep for an options exchange - http://mpex.co/?mpsic=S.MPOE.

scotjam

acorcos

sr. member

Activity: 453

Merit: 250

Quote from: mannybitcoins on December 06, 2013, 06:03:19 PM

Are you really paid to post in thread and basically troll? Who pays you to do this?

Don't encourage her. Please.

mannybitcoins

full member

Activity: 274

Merit: 100

Quote from: MPOE-PR on December 06, 2013, 09:16:12 AM

Quote from: mannybitcoins on December 05, 2013, 07:18:55 PM

You know you don't HAVE to post, right?

I'm doing my job. I'm paid specifically to post in threads distinguished by empty words and sugar shill sprinkles like yourself.

Bring a valid point (that'd mean, about the actual topic, not me personally) or stfu.

Okay then. Great report CasinoBitco.in, I've yet to see such a comprehensive report from other securities, and I hope you keep this up.

Are you really paid to post in thread and basically troll? Who pays you to do this?

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: mannybitcoins on December 05, 2013, 07:18:55 PM

You know you don't HAVE to post, right?

I'm doing my job. I'm paid specifically to post in threads distinguished by empty words and sugar shill sprinkles like yourself.

Bring a valid point (that'd mean, about the actual topic, not me personally) or stfu.

casinobitcoin

hero member

Activity: 663

Merit: 500

Quote from: kololo on December 05, 2013, 09:52:16 PM

5.4% annual ROI at 0.0001,2.98% annual ROI at 0.000181 .
And you are planning to release the left 557,594 shares.Are you going to make a lower price in order to sold them all?
Sportsbook lost 16 btc in 15/11～1/12.Why have a lost again? Do you really now it,and have some plan?
I think you guys need to think about the investor's feel.

Kololo,
Agreed, we need a strong plan in place. We do hope to significantly grow the dividend over the coming months.
We're gaining a lot of traffic and players with the growth of bitcoin;
Plus, in the short-term, we're counting on our new Affiliates platform and upcoming Roulette and Sportsbook upgrades to increase growth (we're having many sites pick up Affiliates already).
The sportsbook loss in the 2nd half essentially comes down to our limits being higher there than in casino - causing swings to happen more easily. We will be sure to continue to evaluate the best practices of CBTC in this regard and that we've configured everything correctly.

We haven't made any decisions on the release of additional units yet, but will keep everyone updated.

casinobitcoin

hero member

Activity: 663

Merit: 500

Quote from: orzacton on December 05, 2013, 03:06:51 PM

This is wonderful news.

Quote

3. Also in December, we will be Redesigning our HTML5 Blackjack to animate a bit smoother
while also adding sound effects (which can be disabled) to give the end user a richer experience
when playing at CasinoBitco.in.

This is also pretty exciting for me. If you'd like some tips on how to further improve the gameplay then I'd love to give them.

Quote from: Jungian on December 05, 2013, 03:13:32 PM

Still moving in the right direction! I'm not dissatisfied at all, but the sportsbook still looks bad.

Can you comment on this? Are you still getting hammerd by sharp action?

Orz -- Please send any feedback to [email protected]!

Jung -- That is somewhat correct - we still have some higher-stakes action that is not always balanced, and thus causes swings on a bi-weekly basis.
Over time, we expect this to stabilize with advancements in our sportsbook to encourage even action. We expect a great December in the sportsbook side, as we are actively doing all we can to run sports in a responsible manner to investors going forward.

kololo

sr. member

Activity: 560

Merit: 250

5.4% annual ROI at 0.0001,2.98% annual ROI at 0.000181 .
And you are planning to release the left 557,594 shares.Are you going to make a lower price in order to sold them all?
Sportsbook lost 16 btc in 15/11～1/12.Why have a lost again? Do you really now it,and have some plan?
I think you guys need to think about the investor's feel.

mannybitcoins

full member

Activity: 274

Merit: 100

Quote from: MPOE-PR on December 05, 2013, 05:49:48 PM

Quote from: casinobitcoin on December 05, 2013, 02:06:04 PM

Notice:

Please disregard the attached update:
https://www.havelockinvestments.com/report_income.php?symbol=CBTC[/u]]https://www.havelockinvestments.com/report_income.php?symbol=CBTC

This appears to be some type of error/glitch and has nothing to do with CBTC or our financials.

Update:

Also, please regard the "Next dividend" column on Havelock's funds page - That is incorrect, and will be based on results of December, and we intend for it to be larger than the current one from November.

Well, at least you're still throwing empty jargon like "industry best" around. Roll Eyes

You know you don't HAVE to post, right?

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: casinobitcoin on December 05, 2013, 02:06:04 PM

Notice:

Please disregard the attached update:
https://www.havelockinvestments.com/report_income.php?symbol=CBTC[/u]]https://www.havelockinvestments.com/report_income.php?symbol=CBTC

This appears to be some type of error/glitch and has nothing to do with CBTC or our financials.

Update:

Also, please regard the "Next dividend" column on Havelock's funds page - That is incorrect, and will be based on results of December, and we intend for it to be larger than the current one from November.

Well, at least you're still throwing empty jargon like "industry best" around. Roll Eyes

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Keep up the good work
If you can keep the momentum going I will be excited to see the outcome at years end.

Jungian

legendary

Activity: 930

Merit: 1010

Still moving in the right direction! I'm not dissatisfied at all, but the sportsbook still looks bad.

Can you comment on this? Are you still getting hammerd by sharp action?

petskup

full member

Activity: 144

Merit: 100

thumbs up

orzacton

newbie

Activity: 4

Merit: 0

This is wonderful news.

Quote

3. Also in December, we will be Redesigning our HTML5 Blackjack to animate a bit smoother
while also adding sound effects (which can be disabled) to give the end user a richer experience
when playing at CasinoBitco.in.

This is also pretty exciting for me. If you'd like some tips on how to further improve the gameplay then I'd love to give them.

mannybitcoins

full member

Activity: 274

Merit: 100

Quote from: casinobitcoin on December 05, 2013, 02:06:04 PM

Notice:

Please disregard the attached update:
https://www.havelockinvestments.com/report_income.php?symbol=CBTC[/u]]https://www.havelockinvestments.com/report_income.php?symbol=CBTC

This appears to be some type of error/glitch and has nothing to do with CBTC or our financials.

Update:

Also, please regard the "Next dividend" column on Havelock's funds page - That is incorrect, and will be based on results of December, and we intend for it to be larger than the current one from November.

Just so you know:

Link is not working

Check spelling. You meant disregard not regard.

casinobitcoin

hero member

Activity: 663

Merit: 500

Notice:

Please disregard the attached update:
https://www.havelockinvestments.com/fund.php?symbol=CBTC#ui-tabs-6
This appears to be some type of error/glitch and has nothing to do with CBTC or our financials.

Update:

Please disregard the "Next dividend" column on Havelock's funds page - That is incorrect, and will be based on results of December, and we intend for it to be larger than the current one from November.

Topic: [HAVELOCK] CasinoBitco.in CBTC - page 42. (Read 149089 times)