2. Those coins will be bought tomorrow.
3. Current holders invest in other assets.
4. Current holders sell their coins.
Well..
Edit:
5. Giant media attention incoming.
Topic: Satoshi Dice Buy out: 126,315 BTC! Payout to be released to share holders! - page 4. (Read 9081 times)
July 17, 2013, 10:10:47 PM
1. Those coins to buy SD are already bought.
2. Those coins will be bought tomorrow.
3. Current holders invest in other assets.
4. Current holders sell their coins.
Well..2 3 uber positive, 1 negative and 1 neutral.. I call that quite positive news.
Edit:
5. Giant media attention incoming.
2. Those coins will be bought tomorrow.
3. Current holders invest in other assets.
4. Current holders sell their coins.
Well..
Edit:
5. Giant media attention incoming.
July 17, 2013, 09:44:13 PM
Hmmm.....
I think the number you want is:
13 000 000 x 0.0035 = 45 500
87 000 000 x 0.00126315 = 109 894.05
For a total of 155 394.05
I think the number you want is:
13 000 000 x 0.0035 = 45 500
87 000 000 x 0.00126315 = 109 894.05
For a total of 155 394.05
Just watching the charts... $65 - 104 was 150k BTC rally...
July 17, 2013, 09:39:46 PM
Jumping to conclusions much?
Why would s.dice holders receiving modest payouts dump their dicidends all at once?
They're not releasing all $160 to one person you know.
"The sky is falling, the sky is falling!"
^ THIS is what depresses the price, and it's YOUR fault.
Why would s.dice holders receiving modest payouts dump their dicidends all at once?
They're not releasing all $160 to one person you know.
"The sky is falling, the sky is falling!"
^ THIS is what depresses the price, and it's YOUR fault.
There are 100 million shares, so it's 350k BTC, and they're to be released tomorrow within a few hours:
This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. […] The payout will occur in roughly 20 increments over a period of several hours
The sky isn't falling, the sun is exploding and it's consuming the earth. Goodbye.
edit: Nvm, I read you wrong. Of course they won't dump their dividends all at once. Just a fraction.
How did you ever become a mod?
July 17, 2013, 09:09:14 PM
No release on the new buyer or info my reply went unanswered so it will be interesting to see who is the new player in the gambling game
Out of left field
(Well I had suspicions on Havelock activity but that was a legit trade with bad timing EH being offline for nearly a month however was something noticeable but still it caught me by surprise personally)
Not technically but they might need to finally give in and start getting AM shares
Heck mpex has money they could just fold and give their remaining offerings to the other exchanges
Out of left field
(Well I had suspicions on Havelock activity but that was a legit trade with bad timing EH being offline for nearly a month however was something noticeable but still it caught me by surprise personally)
so what's left on MPEX? Except MPEX shares? So MPEX is officially a Ponzi now? 
Not technically but they might need to finally give in and start getting AM shares
Heck mpex has money they could just fold and give their remaining offerings to the other exchanges
July 17, 2013, 09:07:26 PM
Also:
"Hey everyone, we are going to buy 120k+ BTCs, please don't jack up the price, mkay?"
"Hey everyone, we are going to buy 120k+ BTCs, please don't jack up the price, mkay?"
July 17, 2013, 09:04:16 PM
>>> The payout will occur in roughly 20 increments over a period of several hours <<<
Here's a crazy idea:
If they don't already have that many coins together, what if they were to buy between the increments, thereby keeping their cost down and the price generally stable?
Here's a crazy idea:
If they don't already have that many coins together, what if they were to buy between the increments, thereby keeping their cost down and the price generally stable?
yeaaahh, no. If they would (which is a clever idea anyway), they would have to have a deal with the exchanges in advance (prob. MtGox) to raise their withdraw threshold up to 155k BTC/day. Dont know what the current threshold is for Trusted accounts?
July 17, 2013, 09:00:18 PM
ONLY MPEX holders will be paid an additional .00223685 BTC per share
There are only MPEX shares.
The operators of pass throughs on the various exchanges all hold MPEX shares.
On a different note, if the new SD owners had to purchase BTC to buy this, does that explain the recent rise back near 100?
July 17, 2013, 08:53:25 PM
>>> The payout will occur in roughly 20 increments over a period of several hours <<<
Here's a crazy idea:
If they don't already have that many coins together, what if they were to buy between the increments, thereby keeping their cost down and the price generally stable?
Here's a crazy idea:
If they don't already have that many coins together, what if they were to buy between the increments, thereby keeping their cost down and the price generally stable?
July 17, 2013, 08:47:40 PM
or if Eric pays this extra out of his part of the deal
Erik is taking a pretty decent hit. But the end result is the other investors have been treated very well. At the end of the day Erik is making a pretty penny off the entire thing.
July 17, 2013, 08:44:53 PM
What if the buyer is an established casino firm that wanted to get into the Bitcoin game? If that's the case, then they would've been accumulating beforehand and have been responsible for some of the buying pressure. This would now be gone, along with 350k coins released on the market.
I smell blood.
I smell blood.
But what about when, in the past, you said price was driven by miners desperate to sell, not by investors accumulating? Doesn't this mean we can get our time machine out of the closet and cancel out Blitz because the past Blitz is not saying the same as present Blitz? Is this the title of new movie Back to the Blitz: Timezone Accumulatrix? The new Blitz paradigm- more economy always drops price because BTC receiver is by nature as desperate to sell as a miner- Buyers of BTC only exist when they've bought something off someone desperate to exchange it to USD.
July 17, 2013, 08:42:50 PM
Im not sure whether you interpret Eric's statement right;
there are 100M shares.
EACH share is valued @ 0.00126315 BTC
100M*0.00126315 BTC=126315 BTC
So this is the maximum sum of BTCs to be released in this trade.
ONLY MPEX holders will be paid an additional .00223685 BTC per share bringing the total to 0.0035 BTC per MPEX share.
This bonus has to come out of other share's pockets. Not sure how the shares on Havelock investment are treated or if Eric pays this extra out of his part of the deal but I guess the new owners wont pay double the price Eric stated the shares are worth.
That sounds right, actually. Does anyone know how many of those particulare shares there are?there are 100M shares.
EACH share is valued @ 0.00126315 BTC
100M*0.00126315 BTC=126315 BTC
So this is the maximum sum of BTCs to be released in this trade.
ONLY MPEX holders will be paid an additional .00223685 BTC per share bringing the total to 0.0035 BTC per MPEX share.
This bonus has to come out of other share's pockets. Not sure how the shares on Havelock investment are treated or if Eric pays this extra out of his part of the deal but I guess the new owners wont pay double the price Eric stated the shares are worth.
edit: Thanks CHM, looks like 13 million then.
July 17, 2013, 08:42:45 PM
I don't know what's so complicated about question 1.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
I think the number you want is:
13 000 000 x 0.0035 = 45 500
87 000 000 x 0.00126315 = 109 894.05
For a total of 155 394.05
July 17, 2013, 08:37:16 PM
If this deal hits mainstream news, I bet that will raise a lot of eyebrows from investors (seeing that they missed this huge opportunity).
July 17, 2013, 08:33:58 PM
I don't know what's so complicated about question 1.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
Im not sure whether you interpret Eric's statement right;
there are 100M shares.
EACH share is valued @ 0.00126315 BTC
100M*0.00126315 BTC=126315 BTC
So this is the maximum sum of BTCs to be released in this trade.
ONLY MPEX holders will be paid an additional .00223685 BTC per share bringing the total to 0.0035 BTC per MPEX share.
This bonus has to come out of other share's pockets. Not sure how the shares on Havelock investment are treated or if Eric pays this extra out of his part of the deal but I guess the new owners wont pay double the price Eric stated the shares are worth.
July 17, 2013, 08:05:51 PM
I don't know what's so complicated about question 1.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
126 315/0.00126315=100 000 000
100 000 000*0.0035=350 000 000
350k BTC.
July 17, 2013, 07:59:31 PM
3. Will the TOTAL amount be payed out in BTC or USD or parts parts?
4. WHEN will the money be released? All in one go or in intervals?
I think those are pretty clear from his post. All BTC, and on the time: 4. WHEN will the money be released? All in one go or in intervals?
"This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. MPEX will then de-list the asset and the S.DICE MPEX Agreement will be satisfied. The payout will occur in roughly 20 increments over a period of several hours and will arrive in S.DICE holders’ accounts (in the same manner as dividends). All passthrough operators are responsible for their own assets and customers, obviously."
Yes, thx. I edited your citations into my OP.
July 17, 2013, 07:49:35 PM
3. Will the TOTAL amount be payed out in BTC or USD or parts parts?
4. WHEN will the money be released? All in one go or in intervals?
I think those are pretty clear from his post. All BTC, and on the time: 4. WHEN will the money be released? All in one go or in intervals?
"This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. MPEX will then de-list the asset and the S.DICE MPEX Agreement will be satisfied. The payout will occur in roughly 20 increments over a period of several hours and will arrive in S.DICE holders’ accounts (in the same manner as dividends). All passthrough operators are responsible for their own assets and customers, obviously."
July 17, 2013, 07:44:05 PM
OK PPL, PLS LETS GET SOME FACTS STRAIGHT HERE BEFORE WE GO ON!
I will add those in the top post for easy visibility:
1. How much money is Satoshi Dice being bought out for? (prior owners+MPEX share holders)
2. What is the public share in the buy out and what is the prior owner's (Eric, etc)share in it?
3. Will the TOTAL amount be payed out in BTC or USD or parts parts?
4. WHEN will the money be released? All in one go or in intervals?
I will add those in the top post for easy visibility:
1. How much money is Satoshi Dice being bought out for? (prior owners+MPEX share holders)
2. What is the public share in the buy out and what is the prior owner's (Eric, etc)share in it?
3. Will the TOTAL amount be payed out in BTC or USD or parts parts?
4. WHEN will the money be released? All in one go or in intervals?
July 17, 2013, 07:43:23 PM
Jumping to conclusions much?
Why would s.dice holders receiving modest payouts dump their dicidends all at once?
They're not releasing all $160 to one person you know.
"The sky is falling, the sky is falling!"
^ THIS is what depresses the price, and it's YOUR fault.
Why would s.dice holders receiving modest payouts dump their dicidends all at once?
They're not releasing all $160 to one person you know.
"The sky is falling, the sky is falling!"
^ THIS is what depresses the price, and it's YOUR fault.
There are 100 million shares, so it's 350k BTC, and they're to be released tomorrow within a few hours:
This letter is being posted roughly 24 hours prior to the payout, at which point MPEX holders will receive .0035 BTC per share plus the small additional amounts mentioned above. […] The payout will occur in roughly 20 increments over a period of several hours
The sky isn't falling, the sun is exploding and it's consuming the earth. Goodbye.
he said that mpex shareholders are being paid more than private investors. he also mentioned total he is getting from the sale so he's not going to be adding an extra 20000 coins out of his own pocket
July 17, 2013, 07:43:08 PM
What if the buyer is an established casino firm that wanted to get into the Bitcoin game? If that's the case, then they would've been accumulating beforehand and have been responsible for some of the buying pressure. This would now be gone, along with 350k coins released on the market.
I smell blood.
I smell blood.
What if you're making shit up?
Seriously, you love these scare stories, don't you?
I smell bearshit.
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