Re: S.DICE - Want a piece of SatoshiDICE? IPO this week before new site launch!
I feel that to properly evaluate S.DICE offering we need to understand the risks.
External Risks:
- SatoshiDICE growth and/or other uses for bitcoin frequently causes blocks to become full (500KB limit)
This can be from Bitcoin reaching tremendous uptake as a payment system, or a competing blockchain-based wagering service takes off as well.
(Though SatoshiDICE could overcome this by moving away from doing blockchain-based wagering to having a site and a wallet. Changes its essence doing that though.)
- SatoshiDICE wants to hire staff, gets stuck at line 1 on form as unable to come up with an EIN
