Re: Choice words of wisdom for the forum investors from our esteemed leader.

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This is actually the important point. There still exists a contingent of people "investing" who'd be best served by taking their BTC capital whatever it is, depositing with just-dice (which is provably fair!), fixing their desired rate of return to whatever they consider reasonable and pushing the button.

Yes they will eventually lose the capital. That is EXACTLY what will happen on all the various PMBs, "crowdfinance", "assets", "securities" and assorted scams out there that they patronise. The only notable difference is that just-dice takes 1% on the long term, whereas the troop of scammers take whatever they can get, probably about 30% or so net average overall.

Rather than trying to "invest" with some dead in the water t-shirt manufacturer or zero-hash waste heat producer or mentally-ill owned and operated Bitcoin merchant or "lend" with BitJam or "trade" with Bitfinex or what have you, the forum muppetry would obtain much better results simply rolling for it.

The only criteria they use are the rate of return, the only thing that interests them is for the intervals to be as short as possible (what monthly reports, weekly is too long for these people, they literally have the unchecked insanity to propose someone calculate the books daily and post their "winnings"). That's pretty much the extent of this magical "research" they do, that's their 'due dilligence". Why bother then with an ad hoc, informally-specified, bug-ridden, slow implementation of half of a dice site ? Why feed the scammers ? Just roll for it! Want 5% "interest" ? Want 3.5% "dividends" ? Load a Bitcoin or whatever you're "investing" into the dice site and roll for it. Your capital will on average survive for longer this way than your "invested" "portofolio" that you're "managing" would have. And you don't even have to wait, you can click the button for a new "dividend" period as soon as you're ready to see the results.

Source. Discuss.

Aren't you the one who said ASICMiner was terrible, a scam and everyone who invests in it are retarded when it first began?
BTC3.45 later...

That doesn't mean it isn't overpriced. Much as S.Dice found itself overpriced earlier this year (and is probably overpriced again now).

You need to read the comments made in context to see just how off the mark MPOE-PR was.

Specifically it's already paid out more in dividends in the last 3 months than she claimed the shares were worth at most.

I agree with MPOE-PR on a lot of things - on that issue she was utterly wrong. I also undervalued ASICMINER (I sold at about 0.75 BTC - clearly an error with hindsight). What I got wrong was the extent to which BFL and AVALON would totally screw up and leave ASICMINER able to help themselves both to Mining and to sales - and, perhaps most importantly of all, to credibility. What MPOE-PR got wrong was the assumption that EVERYTHING not on MPEx is crap and will fail. Being listed on MPEx is neither a pre-requisite for success (see ASICMINER) or a guarantee of success (see BitVPS, S.BBET so far and the Giga pass-through). FWIW I personally consider a security to be a definite success when (and only when) investors have received back at least the average IPO cost in dividends/final payment. Until then it can only be a likely success that could still end up a failure if the operator ran with the cash - as recovery of funds in scammed/dead BTC securities is pretty much nonexistent.