Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
sunnankar
on 05/01/2013, 03:29:05 UTC
Although December had unusually high earnings of 3.2% (17,206.44888669 /537,375.97) the intriguing part

The most intriguing part is your denominator. Where did you pick up 537,375.97 from?

....

The 90% holder is all but anonymous. How is this an analysis, you're too lazy to get the basic facts straight.

The Satoshi Dice spreadsheet December sheet cell D3.

From Bloomberg Businessweek:

Quote
Erik Voorhees, director of marketing and communications at BitInstant, helped design SatoshiDice, a gambling site hosted in Ireland and owned by an anonymous investor. Since launching in April, the site has taken in about $15 million in bets, Voorhees says. SatoshiDice is careful to keep everything in Bitcoin; until it’s clear how the site will be treated legally, “it’s better to keep it completely separate from real life,” he says.

Any assertions that any particular individual owns Satoshi Dice is a fact not yet in evidence and has not yet been proven. Bloomberg most likely attempted to do some investigative journalism and track down the owner but the domain WHOIS lists PrivacyProtect.org and they were most likely unable to find anyone willing to make a personal statement (see Federal Rules of Evidence 602) that they owned it. Any competent legal counsel would most likely advice a client like this anonymous investor not to make any affirmative assertions of ownership. Consequently, the only fact established in evidence is that Satoshi Dice is owned by an anonymous investor and Bloomberg's reporting is accurate.

Meanwhile, it looks like Satoshi Dice has about 150k of bets so far in Jan and is on track to have volume up in Jan similar to Dec/Nov. Some serious growth!