This one's for RationalSpeculator.
Thanks for caring about my loss, people, but I've already made it back on my Just-Dice investment.
Thanks for caring about my loss, people, but I've already made it back on my Just-Dice investment.
Thanks so much dooglus!
Yes it was a horrible run since February. In USD SDICE lost -40%, dividends included! It's rightful to feel bad about that.
That's not correct. If we take Dooglus for example:
He invested BTC79.9924*$21.5 (median price that day) = $1719.84
And he cashed out BTC28.3309509*$75.41 = $2136.43
For a USD profit of 24%. In BTC terms it looks very bad of course, but the key when investing in anything is always to diversify. Even though he lost in BTC terms I wouldnt say it was a bad decision to put money in sdice.
I am keeping my SDICE shares and have put some money in just-dice as well. I think the competition will do SatoshiDice good.
Thanks for correcting me. You are right that in dooglus his case he has a USD profit of +24%. Very respectable in my book indeed.
However those that bought in March and April when SDICE was valued around $30 and up to $40 million do have a considerable USD loss since the company is valued around $17 million today. A loss of around -50%!