Quote from: MPOE-PR on June 01, 2013, 10:12:46 AM

Quote from: RationalSpeculator on May 24, 2013, 02:06:57 AM

My sympathies. Indeed compared to investing in bitcoins, sdice has been a disaster the past months. Basically totally collapsing from around 0.0070 to the current 0.0020, losing 70% of it's btc value. It's rightful to feel bad about that.

I agree with you that they are undervalued. It's very simple, it returns an average 10% dividend, but $ earnings and $ value have been tenfolding in only 1 year. This means this extremely fast growing company is valued at a P/E of 10. That is ridiculous. Sure there is a lot of legal uncertainty but still. Normally such fast growing company is valued at a P/E of 50 (dividend 2%).

Well here's the thing, past 30 day volume (all PTs included) is 372,209 shares, or about 500-1k BTC. That's another way of saying nothing (about 0.1% of total corp mkt cap or thereabouts). So therefore:

A. Current price is reflective of not much with a view to nothing at all. The people holding it obviously aren't selling, the book hasn't much moved etc. Seems like a few speculators working on very little capital have been working themselves into a tizzy, going into some sort of downward spiral the past month or so. This trend can easily reverse in about five minutes, which leads us to:

B. Lay off all the analytical talk and buy some shares.

Obviously B may not be feasible for very practical reasons, but I do think all the excitement over what looks more like market inefficiency/immaturity that any sort of actual changes is perhaps a little over the top. S.DICE is not significantly different from whatever it was back in January, when it was trading at 3x current share prices, the dooglus reports still show it at 5x% of all network transactions, what exactly is the problem?

Quote from: Abu22 on May 24, 2013, 03:32:32 AM

I doesn't take into account the fact of SD's competition. It's simply being out out competed. There are more and more sites popping up with better features, lower house odds and more invested developers

None of this matters, as has been discussed constantly since about August, as has been proven constantly since August. Anyone can make a website in about five minutes, that's not a business. S.DICE has the proven ability to pay 10s of ks of BTC to winners. No competitor has this. End of story, really.

Quote from: Abu22 on May 24, 2013, 03:32:32 AM

SD is having it's cake cut slice by slice while it waits to be out performed by all these alternative sites. It will only survive a year if it acts now whilst it still is largely in the bitcoin community public eye. Otherwise this user base will slowly dwindle and diversify into all the other sites leaving SD a husk of a once potential filled 'business'.

By this sort of reasoning Coca Cola would not exist today. You have to at some point appreciate that the "developers matter", "a website is a business", "stuff has to happen!!!" ADD approach to life and everything else is specific to a very narrow group of people (young, mostly male, mostly poor, mostly urban etc) which doesn't translate into much social traction or broader relevance (if it did they'd have more sex and chill the fuck out). It's, in other words, a market nobody wants to sell to (this is why they mostly buy computer games rather than luxury cruises, sky and scooba gear, exotic vacations and other high value, high turnover pastimes).

Holy shit... Where do I even start with that?

'Lay off the analytical talk and buy shares'... shit we're dealing with a pro here.
...

>Competition doesn't matter because SD can payout highest
>Everyone is a whale
>SD didn't grow from that initial small amount
>SD is being out performed feature wise... But people obviously dont use a website based on what they can do on it..they do it based on how much they can bet in a single tx.

SD can payout the most so that's the End of the story? Are you even reading what you write?

Why are you even following Bitcoin if you can't see the merit of finding alternatives to systems such as fiat that are unsuitable for sustained use.
Bitcoin was worthless but feature rich -> fiat was shit -> bitcoin grew in worth
gambleSiteX is worthless but feature rich -> SD is sh-...owing no competitive advantage -> gambleSiteX growths in worth

Both of these examples detract from worth of the out performing 'new' system.

Now..
You couldn't have picked a worse comparator thank Coca Cola...They're probably one of the fiercest competing companies out there! Are you that blind that you think Coke has even the Slightest similarity to SD. Tell me how long it takes for you to read each of the avenues they've expanded into https://en.wikipedia.org/wiki/List_of_Coca-Cola_brands Not only their product expansion but the sole advertising and promoting of their product is absurd.

Put away the keyboard and sit down, you're drunk.

Quote from: SatoshiDICE_PR on June 01, 2013, 10:59:11 AM

Best Regards
The Spirit of Satoshi

Also why always sign with this? Are you 12? Top professionalism.