Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!
Investing in SatoshiDICE actually peaked my interest. These returns are ridiculous though...
0.0033278 BTC for 1/100M of 10%? Are you insane?
0.0033278 BTC for 1/100M of 10%? Are you insane?
Man some people need to check numbers more carefully. It is .0033278 for 1 of the 100m shares (though only 10m shares are being offered). It is not 1/100m of 10% of the shares.
Sorry about that, I misread.
Yes, this makes the P/E of 10 a lot more believable now. The High Risk/High Reward nature of this IPO seems highly dependent on the growth of SatoshiDICE. Because of that I will have to refrain from purchasing shares until I believe they are no longer overvalued. I will also be waiting for (an) IPO(s) to pop up.