Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!

10years to payout if nothing fail

For the 100th time, can we please stop this nonsense? In 10 years, your money is doubled JUST from the current dividend payments. This is very different than "paying off" in 10 years. You're not breaking even in 10 years, you're actually doubling your money, assuming the site doesn't grow by a single user.

If you think it's priced too high that's fine, but please at least do your math properly if you're going to post.

Erik you need to stop repeating this without mentioning your assumption : that the stock price is unchanged. It's improper.

Here's my alternative: when the stock price has halved over 5 years you'll be lucky to have broken even over those 5 years.

Well of course it assumes the stock price is unchanged. It could go up or down. Honestly, it's likely to rise based on a number of reasons we could discuss, but I'm trying not to assume growth. I think assuming zero growth is legitimate for figuring out baseline dividend earnings... certainly more legitimate than assuming the stock price will halve in five years when there's no evidence of anything like that. There is only evidence of serious growth, and yet I'm assuming zero growth... that's fair, no? And of course you can make your own assumptions.