Author

Topic: Rally from $65 to 95 caused by Satoshi Dice acquisition (Read 3451 times)

full member
Activity: 224
Merit: 100
My question is how many ordinary shares were there?

How much did they each get paid out?
full member
Activity: 238
Merit: 100

Think about it. Would Oprah really have her own website if Satoshi Dice didn't get sold?



misc.jpg
hero member
Activity: 602
Merit: 500
Before this continues..... Does everyone have their tinfoil hat on?
legendary
Activity: 1806
Merit: 1024
It is fairly obvious satoshi dice sale was fake and he sold it to himself, no one in their right mind would put that kind of money into it.

I would not rule that out. However, far worse investment decisions are made every day.


ya.ya.yo!
legendary
Activity: 1025
Merit: 1000
It is fairly obvious satoshi dice sale was fake and he sold it to himself, no one in their right mind would put that kind of money into it.
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
Or it could be the owner of Satoshi Dice wanted to go underground so he bought his own company anonymously with the money he had already made from Satoshi Dice.
This.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol Smiley

tempted!! but I need to finish Infinite Jest before school starts, or else i'll never finish it  Undecided

school sucks :/ Sorry
legendary
Activity: 1834
Merit: 1019
Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol Smiley

tempted!! but I need to finish Infinite Jest before school starts, or else i'll never finish it  Undecided
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.

lol Smiley
legendary
Activity: 1792
Merit: 1000
. Although I do accept that alot of ordinary shareholders got paid eventually.
Which shareholders didn't get paid?
hero member
Activity: 546
Merit: 500
Or it could be the owner of Satoshi Dice wanted to go underground so he bought his own company anonymously with the money he had already made from Satoshi Dice.
hero member
Activity: 756
Merit: 500
Interesting. You think they were waiting for the market to tank before buying the BTC and acquiring SDice?

I'm not sure if the acquirers were that smart.

In fact, I'm not really sure about the acquirors and who they were, or if they even existing. The fact they remain anonymous is a little shady. There's something fishy about the whole thing. Although I do accept that alot of ordinary shareholders got paid eventually.

I thought people get paid already.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Assumptions:
  • Acquiring party needed to amass >100k BTC from somewhere(s) to make the acquisition, i.e. they were not an early investor in BTC
And why should we make that assumption?
sr. member
Activity: 260
Merit: 250
Interesting. You think they were waiting for the market to tank before buying the BTC and acquiring SDice?

I'm not sure if the acquirers were that smart.

In fact, I'm not really sure about the acquirors and who they were, or if they even existing. The fact they remain anonymous is a little shady. There's something fishy about the whole thing. Although I do accept that alot of ordinary shareholders got paid eventually.
newbie
Activity: 6
Merit: 0
Assumptions:
  • Acquiring party needed to amass >100k BTC from somewhere(s) to make the acquisition, i.e. they were not an early investor in BTC

Evidence:
  • Timing of rally and then Satoshi Dice acquisition might match up
  • Rally from those price points has been described as "unnatural" by some people
  • MtGox order book has been borked ever since, ~50k BTC disappearing from the order book like magic, never to return
  • www.oprah.com

Implications:
  • The rally was indeed unnatural and we will be returning to $65/BTC once BTC supply has a chance to catch up.

Anyway I'm gonna go back to playing Civilization II now because this current market is boring as all hell.
Jump to: