log☇︎
4000+ entries in 0.128s
mjrIII: that is the most ridiculous number i've ever seen in my life for a profit margin
mjrIII: to make 5k bitcoin
mjrIII: they had expenses of 167 bitcoin last month
mjrIII: but, think about this just from a fundamentals perspective
mjrIII: mpex i'm sure also has done that
mjrIII: and mt gox makes more than that i'd bet
mjrIII: i'm sure glbse must have to
mjrIII: of course
mjrIII: yes
mjrIII: probably count them on both hands i am guessing (ones that are still around at least)
mjrIII: but at the end of the day, there are few companies in btc space who can claim to have made 5k bitcoins, much less 5k in one month
mjrIII: and is exploring how to protect the company and himself, as he should
mjrIII: jurov: he def does i think
mjrIII: and I think just-dice is great
mjrIII: with no US website, they did 800% of what just-dice did
mjrIII: Chaang-Noi: anyway, profit of 5k bitcoins last month pretty much says everything i need to say about s.dice as a company
mjrIII: lol that was a conversation i was having with him lol
mjrIII: others
mjrIII: maybe a few oters
mjrIII: maybe namworld and smickles too
mjrIII: i would say the relative "risk-free" people in btc are you, mp, erik, kako
mjrIII: jurov: and what did you mean about the people, i trust erik more than almost everyone in btc
mjrIII: and that s.dice is still doing just fine
mjrIII: anyway, for a company that is doing so bad, to have 8X the revenue of your paradigm of the "best" site says that the market doesn't think just-dice is the best
mjrIII: Namworld: do they not match? net profit/total shares doesn't add up?
mjrIII: did justdice make 5k bitcoins last month
mjrIII: ;;calc (648.55972400843 * 100)/13
mjrIII: so...
mjrIII: and that is 13% of their total profit
mjrIII: that is a positive number i believe
mjrIII: 648.55972400843 that is june's div for s.dice
mjrIII: but s.dice's .28 P/E ratio is quite tempting
mjrIII: and no, i hold no equities at the moment
mjrIII: so you are more likely to be exposed to s.dice via blockchain than by going to their site
mjrIII: my point is that almost everyone uses blockchain
mjrIII: or just send it straight from blockchain
mjrIII: so, the whole OMG they blocked the website from US Users was silly from the perspective of someone who understands how s.dice works
mjrIII: and that isn't blocked
mjrIII: i would argue that more people learn about s.dice because they use blockchain than because they stumbled upon the site
mjrIII: there you go
mjrIII: does blockchain still offer that list?
mjrIII: i disagree
mjrIII: i have
mjrIII: i can't look at the list of addresses on that website
mjrIII: oh no
mjrIII: oh, the website that is irrelevant to the actual game
mjrIII: its a bitcoin blockchain transaction, how exactly does one block anyone?
mjrIII: Chaang-Noi: omg, you really don't understand s.dice huh
mjrIII: are you referring to when he released 3% more of the company
mjrIII: Chaang-Noi: in what way?
mjrIII: pankkake: well, as an investory, whichever is more appealing to the consumer is the one i'd rather invest in
mjrIII: as if there weren't s.dice clones in the past
mjrIII: i do see the transactions for s.dice
mjrIII: well...
mjrIII: and i think erik is pretty well trusted
mjrIII: i thought just-dice gave you both options
mjrIII: completely?
mjrIII: let's go to blockchain.info and see how many just-dice transactions vs s.dice transactions happen
mjrIII: no
mjrIII: maybe
mjrIII: that remains to be seen, i am confident in mpex
mjrIII: in the grand scheme of things
mjrIII: secondary markets are not really important
mjrIII: in which case, its fine, the businesses who sought capital got it
mjrIII: Chaang-Noi: i think of it as a place for businesses to sell equity in exchange for capital
mjrIII: ChaangNoi: depends on what you think the point of equity markets are
mjrIII: that is an equity called s.dice-pt which is what they call a pass through
mjrIII: so, CheckDavid, you see those prints?
mjrIII: on mpex, you need to be vetted by mircea_popescu (good luck)
mjrIII: like nyse and nasdaq are exchanges
mjrIII: it is an exchange
mjrIII: or are you asking if it is like either
mjrIII: are you asking for a comparison of which one it is more similar to?
mjrIII: so i could draw analogies for you
mjrIII: what level of understanding of traditional finance you had
mjrIII: i was just curious
mjrIII: or should i say broadcast might be more accurate
mjrIII: the different exchanges publish market data
mjrIII: you would get it?
mjrIII: if i told you it was a print from nasdaq
mjrIII: it was a print from btctc
mjrIII: yes
mjrIII: the terms of its creator i suppose
mjrIII: 1 unit was transacted for .004 bitcoin
mjrIII: the last one is a "print" from BTCTC for an asset called virtualmine
mjrIII: CheckDavid: from assbot?
mjrIII: sell calls/buy futures
mjrIII: maybe i should reverse them so i can know with certainty the collateral on the mpex side
mjrIII: and let's for simplicity's sake say 1 bitcoin for mpex put
mjrIII: then i collect hopefully .15 bitcoins as premium...
mjrIII: but i basically have to put up .2 bitcoins as collateral to hedge one bitcoin
mjrIII: and will launch this one at satoshisquare.com when it is ready
mjrIII: i am refactoring and debugging the old site and adding it into the new site slowly
mjrIII: buttonwood_advanced.meteor.com
mjrIII: by the way, check out the current edition of the site
mjrIII: insurance services
mjrIII: that is what I eventually hope to have
mjrIII: nice lol
mjrIII: but regardless
mjrIII: to help them