Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
evoorhees
on 12/06/2013, 18:31:52 UTC
The thing that irks me is the surprise of it all.  Shares are down and we finally get a good month, and this announcement is a bit of a kick in the nuts.

Why not do it gradually, take 10% everytime we get a good month?

Shouldn't take long due to the great abilities of the management and superb skills of the IT staff we are paying for, right?

Right?

Well the thing about suprises is that there is no way for me to announce something without it being a surprise upon announcement, no? How can I convey new information to the community without it being the first time they've heard it? I'm trying to give people a heads up, and make the announcement 2-3 weeks before the end of the month.

Again, it could be done gradually... I'm just the "rip the bandaid off quickly" type of person. Really, this has been a massive free loan to SD shareholders. I'd like to end the loan because it's been bothering me since BTC went up 10x, so solving the issue with one month of earnings seems ideal. Again, 87% of those dividends would've been going to me and my partner anyway, so I won't be getting dividends this month either.

To be honest, this should have been made clear from day one.

After all what is going to stop you from saying BTW I made a loan to s.dice for 1,000,000 BTC.

Yeah accounting does suck but no one will ever trust you evar again.

I can't claim a loan to s.dice for 1,000,000 btc. The 6,100 actually exists in SD's wallets. So when I withdraw that, SD won't have lost money... it simply won't have a big betting pool any more. If I tried to claim some illegitimate loan, then when I withdraw it back to me, it will come from.... where? It wouldn't be real, thus an obvious lie.

So that's not a good comparison but I understand what you are saying.