Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!
What I don't understand is why S.DICE is going to IPO on this penny-ante exchange instead of GLBSE. I think that Mr. E.V.'s ideological fetishes might be putting the business sensibilities in the back seat. Which is dangerous for investors.
I do have many ideological fetishes, that is true
Business is one of them.I would like to comment on the GLBSE vs. MPEx issue, however. First of all, I love GLBSE, and have good relationships with the people involved there. SD listing on MPEx is in no way a condemnation of the other platform. Second of all, it seems that many Bitcoiners complain when aspects of Bitcoinland become "centralized"... and yet here we have MPEx as a competing platform to GLBSE and people come out and complain that I haven't listed on the "main" platform.
I have many goals in Bitcoinland, and one of them is to enrich and nurture the various services. I do not want GLBSE to be the only equity platform. Launching SD elsewhere furthers this goal, but of course I cannot please all parties. In any case, let it be on the record that I'm a big advocate and supporter of GLBSE, as well. A richer, more diversified equity market is good for all of us, I think.
Why use MPEx, which has the 20btc entry fee?
*smiles*
Ahh, I do love camping. Did you know that you can tell temperature by number of chirps per minute?
In other news, supply and demand is why I use GLBSE instead of MPEX: the cheaper exchange is winning the race. Competition is quite a good thing.