Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
Abu22
on 02/05/2013, 10:25:22 UTC
Erik,

There is a new cost charged for April: 'SatoshiRoller IP rights'

I was under the impression SD owned the IP rights themselves. How high will these IP costs be over time?

Thinking the same thing...

But again, no word for almost a week...

This has got to be a joke...

For April:
Earnings   3813.93462751   btc
Hosting/Tech Expenses   12.2   btc
Head IT April Pro-Rated   52.945   btc
Systems operator   91.7   btc
Legal   25.51   btc
IP Rights to SatoshiRoller   40.46   btc   
Loss Carryover   0   btc
---------------------------------
Net Profit   3591.11962751


The pro-rated Head IT expenses ( max cap/52.945 )..So $5000/52.945 btc = $94.4376 average price... April was below $100/btc for maximum 5 days.  You're not averaging the month because March's average was higher than $50/btc. Which does not correlate with the 100 btc payment.

And now you're adding another Systems operator...whos (cap?) is $8660..If you're using the same averaging technique as above...It seems like your just letting 'The Ghost of Satoshi roll the dice and pick a Lucky Number' that you claim as the fee's.

This is appalling.