Topic: Satoshi Dice Buy out: 126,315 BTC! Payout to be released to share holders! (Read 9081 times)
July 20, 2013, 04:03:34 PM
hey I'm not telling
July 20, 2013, 02:41:05 PM
Probably to his company somewhere else...
July 20, 2013, 02:31:15 PM
My question is, who would bother to buy SD in it's current state? With the MUCH superior clones being released (J-D for sure), SD is starting to fail. Sure, it might be established as an old gambling site, but I wouldn't think that it's a very good investment. Does it bring in profit? Yeah, but not forever.
I'm puzzled as well.It is getting more and more apparent to me he sold it to himself, there is just no logic in paying $12 mill for that site.
July 20, 2013, 08:49:25 AM
From an investor's point of view I do not think it is very reasonable to use the BTC as numeraire due to its lack of capital pools and incredible volatility. Pretty much anyone who bought between April 2012 and March 2013 who have held for the long-term have had tremendous returns using the USD as numeraire.
Utter nonsense.You pay in BTC, you get BTC as dividends, you get BTC for liquidation... USD isn't part of the equation.
If BTC price appreciated over USD, you would have got the same returns just holding BTC.
So you must compare "just holding BTC" with "holding BTC denominated assets".
This.
That's pretty much the bottom line.
July 20, 2013, 07:59:21 AM
My question is, who would bother to buy SD in it's current state? With the MUCH superior clones being released (J-D for sure), SD is starting to fail. Sure, it might be established as an old gambling site, but I wouldn't think that it's a very good investment. Does it bring in profit? Yeah, but not forever.
I'm puzzled as well. July 20, 2013, 07:58:48 AM
From an investor's point of view I do not think it is very reasonable to use the BTC as numeraire due to its lack of capital pools and incredible volatility. Pretty much anyone who bought between April 2012 and March 2013 who have held for the long-term have had tremendous returns using the USD as numeraire.
Utter nonsense.You pay in BTC, you get BTC as dividends, you get BTC for liquidation... USD isn't part of the equation.
If BTC price appreciated over USD, you would have got the same returns just holding BTC.
So you must compare "just holding BTC" with "holding BTC denominated assets".
July 20, 2013, 07:46:27 AM
My question is, who would bother to buy SD in it's current state? With the MUCH superior clones being released (J-D for sure), SD is starting to fail. Sure, it might be established as an old gambling site, but I wouldn't think that it's a very good investment. Does it bring in profit? Yeah, but not forever.
July 20, 2013, 02:18:37 AM
this has to be the biggest BTC denominated deal ever
this is a big milestone, kinda like the 10K BTC pizza
( I got a nice BTC payout form this deal, I was holding a few shares... I actually wish i could've held these shares for longer but i can complain! good deal )
this is a big milestone, kinda like the 10K BTC pizza
( I got a nice BTC payout form this deal, I was holding a few shares... I actually wish i could've held these shares for longer but i can complain! good deal
) 
July 19, 2013, 09:58:11 PM
OK, even if thats true, how large was his share in the shares (get it?) and have any share holders been payed yet?
I held shares via coinbr and I've received my funds.
July 19, 2013, 02:59:38 PM
Is anyone here a shareholder?
I am (was) a shareholder.
OK, even if thats true, how large was his share in the shares (get it?) and have any share holders been payed yet?
All MPEX shareholders have been paid, as of around 7:30pm (PST) or so last night. Pass-through fund holders, such as those through Havelock, received their payments around 30-45 minutes later, with the exception of those who held SDICE through bitfunder, who won't receive theirs until the 28th, due to DeadTerra being on vacation.
Someone correct me if I got any of that wrong.
Edit: Just to clarify, yes I received BTC from the shares I held, so I can verify that payment was actually made (not just an announcement).
July 19, 2013, 02:37:06 PM
who is the buyer!!!! 
Turns out it was MtGox!
Heres the Press Release:
https://bitcointalksearch.org/topic/sdice-sold-to-mtgox-258649
/facepalm
July 19, 2013, 02:21:17 PM
We're in the speculation thread and noone claimed Satoshi to be the buyer? For him the price must be a peanut, and as long he's not able to cash out his heavy btc-amount without disturbing the system, the bought of SD must be the funniest thing to do with it.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I think it is more likely EV bought it off himself to get rid of the shareholders burden. It was probably nothing but a headache. So he was able to borrow their capital and give them a little pittance, then return it. Cheap loan. Win win.
OK, even if thats true, how large was his share in the shares (get it?) and have any share holders been payed yet?
July 19, 2013, 02:17:59 PM
We're in the speculation thread and noone claimed Satoshi to be the buyer? For him the price must be a peanut, and as long he's not able to cash out his heavy btc-amount without disturbing the system, the bought of SD must be the funniest thing to do with it.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I think it is more likely EV bought it off himself to get rid of the shareholders burden. It was probably nothing but a headache. So he was able to borrow their capital and give them a little pittance, then return it. Cheap loan. Win win.
July 19, 2013, 01:55:48 PM
Is anyone here a shareholder?
July 19, 2013, 01:54:19 PM
Is there any proof the shares have been payed out yet? By that I dont mean the statement on MPEX, but actual Bitcoins in the wallets of share owners.
July 19, 2013, 10:17:04 AM
Assuming he didn't sell it to himself. 
It would be a smart move to sell such business to own anonymous identity in order to waive any legal or moral obligations in the future.
July 19, 2013, 09:26:00 AM
We're in the speculation thread and noone claimed Satoshi to be the buyer? For him the price must be a peanut, and as long he's not able to cash out his heavy btc-amount without disturbing the system, the bought of SD must be the funniest thing to do with it.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
Somebody said it already, saying that he hated that the site carried his name and spammed the blockchain
July 19, 2013, 09:22:19 AM
We're in the speculation thread and noone claimed Satoshi to be the buyer? For him the price must be a peanut, and as long he's not able to cash out his heavy btc-amount without disturbing the system, the bought of SD must be the funniest thing to do with it.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
I can't wait to hear who's the buyer! But maybe we will never know ...
All my hopes are going to Sid Mayer or Boris Becker.
July 19, 2013, 08:17:11 AM
I's interested in who bought this. May be MSFT can change sentiment (they are down >8% in pre-market trading).
July 19, 2013, 07:01:56 AM
I bought 9 shares(900 mpex ones) in havelock the day prior to the announcement, not a great amount of money but a good deal, considering I received more than 1.5 times what I paid for them.
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