I did appreciate MP's transparency on the issue though ah memories of this thread
Can you elaborate on this?
Didn't people who bough shares in SatoshiDice in 2012 made a lot of money?
I wonder how much has been bet on SD since it launched, there is hundreds of BTC bet everyday so it must be in the millions. SD owners took 1.9% of that
Bitcoin Price Appreciation Was Significantly Greater than BTC IPO price simply put
I'm talking about the 90 to 250 rise not even the more recent one from 250 to 1000 to the 600 now
Long explanation a BuyBack was issued and a pool of capital IPO investors didn't know about existed affected valuation dividend payouts, US gambling ban etc bunch of factors can't recall them all.
https://bitcointalk.org/index.php?topic=101902.msg2458656#msg2458656I guess the SEC is a bit about Sdice sort of being a mixing service back then or some insider trading before the asset closed anyways to the graveyard again with this thread.
The story can be read from 98 Really so if you feel like skimming just check a few pages start around page 70 for the long one lol.
https://bitcointalk.org/index.php?topic=101902.msg2751536#msg2751536Ok but I was talking about a bitcoin appreciation since it was a bitcoin investment