Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
MPOE-PR
on 02/03/2013, 08:36:24 UTC
So about 13333 worth of dividends... :-( Less than the last month.. Who cares about $$$.


I think just about every single person that is invested in SDICE cares about the $$$... There was a net increase in profitability. BTC doubled in value, so actual BTC went down and that makes you sad?

He does have a point tho, most people involved in Bitcoin care about Bitcoin not some random fiat value. Who accounts in fiat anymore, what's this, the 1990s?!

But on the other hand: the interests rates will be tightening across the board for the indefinite future. In a rapidly de-inflating currency like Bitcoin even 0.1% a year is a great result. My guess is we'll be seeing really tiny fractional yields before too long.

That's pretty impressive considering February only has 28 days vs 31 days in January

This is also a good point. If we do the normalization to 30 days:

20021.263926 / 31 * 30 = 19375.41

13333.2462799 / 28 * 30 = 14285.62

Roughly 3/4. Perhaps the whales weren't quite such a big part of S.DICE profitability as everyone thought?