Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32593. (Read 26470810 times)
July 17, 2013, 09:15:35 PM
You think so? Brand and domain might have been worth it to them in addition to the code. Remember they are already generating profits. I don't know much of the gambling business however, and not of SatoshiDice either.
July 17, 2013, 09:13:03 PM
350k BTC seems to be an insanely huge number. 
Fuck it, even 120k is an insanely huge number for a simple website like satoshi dice. That's 1% of all current bitcoins for a concept that anybody can copy
Still makes no sense.
120k btc = 12 million dollars for a simple website that can be developed for a tiny fraction of the cost, generates little to no revenue and currently stale, with lots of competition popping up.
If big casino owners know one thing, it's not to give money away. Something's fishy here.
July 17, 2013, 09:12:58 PM
I've kept some fiat ready for the next drop....if it has to come, we will persist.
July 17, 2013, 09:10:30 PM
Yes, there will probably be some dip, but not enough to say goodbye to $100 for more than a few days.
Just a few months.I'm afraid many people are in severe denial about the effects of this. I'll be enjoying the "cheap bitcoins!" screams soon.
July 17, 2013, 09:08:34 PM
350k BTC seems to be an insanely huge number.
Fuck it, even 120k is an insanely huge number for a simple website like satoshi dice. That's 1% of all current bitcoins for a concept that anybody can copy
The buyer may well be an established online casino. That would be actually good news, SD needs some big improvement.
Its also possible they have been accumulating, the BTC sum they need is big.
July 17, 2013, 09:08:19 PM
Isn't Eric the largest shareholder, and unlikely to dump them quickly, if at all?
While some shareholders may dump, I suspect the sell-off won't be as big as some people anticipate.
The kind of people who buy shares in an enterprise like Satoshi Dice are often either Bitcoin faithful (more likely to hoard) or gamblers (more likely to bet on the more volatile currency).
Yes, there will probably be some dip, but not enough to say goodbye to $100 for more than a few days.
July 17, 2013, 09:02:50 PM
350k BTC seems to be an insanely huge number.
Fuck it, even 120k is an insanely huge number for a simple website like satoshi dice. That's 1% of all current bitcoins for a concept that anybody can copy
July 17, 2013, 09:01:52 PM
July 17, 2013, 09:01:52 PM
SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management. The total sale price is 126,315 BTC, or 0.00126315 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
I inferred 350k based on that, since there are apparently 100 million shares.
350k BTC seems to be an insanely huge number.
SatoshiDice is no small fish.
Well, some action at last. "The Great Coin Distribution" is approaching.
July 17, 2013, 09:01:20 PM
Even 126k BTC is crazy for such a simple piece of software which has gone nowhere for months.
It seems we think alike
. 
July 17, 2013, 09:00:48 PM
SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management. The total sale price is 126,315 BTC, or 0.00126315 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
I inferred 350k based on that, since there are apparently 100 million shares.
350k BTC seems to be an insanely huge number.
Even 126k BTC is crazy for such a simple piece of software which has gone nowhere for months.
July 17, 2013, 09:00:43 PM
350k BTC seems to be an insanely huge number.
Fuck it, even 120k is an insanely huge number for a simple website like satoshi dice. That's 1% of all current bitcoins for a concept that anybody can copy
July 17, 2013, 08:59:07 PM
SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management. The total sale price is 126,315 BTC, or 0.00126315 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
I inferred 350k based on that, since there are apparently 100 million shares.
350k BTC seems to be an insanely huge number.
July 17, 2013, 08:55:03 PM
SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management. The total sale price is 126,315 BTC, or 0.00126315 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
I inferred 350k based on that, since there are apparently 100 million shares.
Maybe most of them are not paid up.
Isn't Eric the largest shareholder, and unlikely to dump them quickly, if at all?
July 17, 2013, 08:53:28 PM
Yeah, I always wondered who "The People" are.
Are the Rothschilds included? They're definitely people.
Satoshi, on the other hand.....
Are the Rothschilds included? They're definitely people.
Satoshi, on the other hand.....
July 17, 2013, 08:52:05 PM
SatoshiDice is being sold, in full, to a new company that will take over all ownership, operations, and management. The total sale price is 126,315 BTC, or 0.00126315 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
According to the MPEX Agreement, MPEX holders are entitled to receive 0.00126315 BTC per share, alongside other private owners. However, for the good of the MPEX holders and for the sake of the general Bitcoin community, which the site always has intended to support and nurture, SatoshiDice has arranged to pay MPEX holders an additional .00223685 BTC per share bringing the total to 0.0035 BTC per share.
I inferred 350k based on that, since there are apparently 100 million shares.
July 17, 2013, 08:50:28 PM
350k BTC are going to be released to SatoshiDice shareholders tomorrow within hours: https://bitcointalksearch.org/topic/m.2751536
Goodbye, triple digits.
Goodbye, triple digits.
Yeah that makes no sense whatsoever to me. If the company gets bought for 120k BTC, then he won't pay 350k BTC to shareholders, it should be 120k BTC max.
It should follow then that less than a third of all shares is owned by the other shareholders, right?
July 17, 2013, 08:49:08 PM
350k BTC are going to be released to SatoshiDice shareholders tomorrow within hours: https://bitcointalksearch.org/topic/m.2751536
Goodbye, triple digits.
Goodbye, triple digits.
Shit...even if just a percentage of those people sell the price is going to drop.
It would be great if they would take those btc and reinvest in some of the other funds....
July 17, 2013, 08:45:18 PM
put the power of currency back in the hands of the people.
I hear this a lot, and it doesn't make any sense to me. I have visions of BTC rich people flying in blimps, showering the masses with Casascius coins. Good thought for a chuckle, not very realistic.
The simple fact is, there are a select few who own a lot of bitcoins. Those people are not likely to suddenly start distributing them to "the people" just when they're at their highest. All that I foresee happening is we will have a new set of "select few."
July 17, 2013, 08:33:40 PM
350k BTC are going to be released to SatoshiDice shareholders tomorrow within hours: https://bitcointalksearch.org/topic/m.2751536
Goodbye, triple digits.
Goodbye, triple digits.
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