941000+ entries in 0.682s
mjr_: and
they don't operate here
mjr_: tiberiusiv: most casinos run
the gaming
table and
the cashier
mjr_: but i
think both mpex and sdice survive
tiberiusiv: jurov:
they will crack down becuase
the owners are bragging about profits, residing in
the US, and running both
the cashier + gaming
table.
jurov: and i'm asking, if illegal gambling, why not illegal securities exchange,
too?
jurov: no
tiberiusiv's argument seems
that usg inevitably cracks doen on sdice cuz illegal gambling
mjr_: ok...so if 33% of
the stocks
traded on nyse left
tomorrow
mjr_: but if
they fail miserably...the exchange would still be fine...
mjr_: thought
they were a good investment
mjr_: the exchange
they
trade on...which is
the most restrictive
jurov: if btc is subject
to regulation
they are both equally illegal
tiberiusiv: jurov if you need
that explained
to you i dont know what
to say.
mjr_: thank god no one has ever
thought
to
tell
the fbi about
them
tiberiusiv: jurov:
the probability of mpex being around in a few years
time is much higher
then satoshidice, hence
the lower risk profile
mjr_: i was under
the assumption
this whole conversation
that
the feds were aware of satoshi dice
mjr_: you men
they don't know yet?
mjr_: LOL
tipping
them off? i
thjought
they had
the swat
team ready
tiberiusiv: thickasthieves: nothing stopping some angry upset satoshidice customer
tipping off
the feds
too
jurov: and
that's equally as bas as unregulated gambling
tiberiusiv: thick: if you go on
the bitcoin
talk forums
there is already
threads sprouting up of people whining over
their gambling losses.
jurov: then mpex = unregulated securities
trader
tiberiusiv: thick: well
the other btc business's like mpex are more viable
then sdice IMO
mjr_: tiberiusiv:
the point is
that management is prob
the deciding factor in bitcoin ventures
tiberiusiv: thicky: people
that
tend
to be married
to a stock usually get wiped out
ThickAsThieves: so
tiberius, does
this mean you
think sdice is a sound investment?
mjr_: what backs
this opinion other
than hot air?
jurov: unless you fear jail cuz unlicensed securities
trading
jurov: duuude we're going in circles. just put your bitcoins where your mouth is.. i can provide some s.dice
to shorting,
too
mjr_: and get dividends
there
mjr_: is specific
to
this asset
mjr_: you cannot say
the entire economy behind
this asset
mjr_: tiberiusiv: so do american stocks
take into account
the american dollar when
the yreport dividends?
mjr_: so you cannot conflate
the
two
mjr_: if i hold bitcoins...i get
the return on increase in value of bitcoin
mjr_: are you saying
that "bitcoin subsidizes satoshi dice?"
mjr_: i know a lot better
than you it would seem
tiberiusiv: thereby bringing down
the dividend yield(of which you have no clue how it works)
mjr_: most of
those super high returns i would have realized without bitcoins
tiberiusiv: mjr:
the point is its HIGH for a reason, if it was such a A+ asset, much more people would be willing
to pay a higher price for it
mjr_: but i do not conflate
the returns of bitcoins with
the returns of sdice
jurov: imho much bigger factor
than fear of regulation is
trust problem
tiberiusiv: if you bought satoshi dice
the value of your dividends is in real
terms is over 300%
mjr_: um...if you got in at 17
they gained around 5-6X
tiberiusiv: satoshi dice dividend has been over 300% in real
terms.
jurov: yea
that is whole economy problem, not just satoshidice
mjr_: tiberiusiv:
that is not a great return
mjr_: tiberiusiv: it's easy, at
the end of
the day,
to say why
things won't work...it only costs you your
time on
this forum (probably largely offset by
the enjoyment you get from
trolling), but it's a lot harder
to do
things
that do work
tiberiusiv: jurov: my point was,
the market is indicating a unnaturally high risk factor for sdice going forward.
smickles: tiberiusiv: so you admit your conclusion was just plain wrong
then?
mjr_: it's obvious
that
the one whose fallacious assumptions is not
ThickAsThieves
mjr_: tiberiusiv: so wait...since
those banks CHOOSE not
to deal with headaches...we are not legally able
to open an account?
jurov: tiberiusiv: what prevents evoorhees selling satoshidice
to someone anon in
the worst case?
tiberiusiv: smickles: please read
the laws over
the last few years
mjr_: everyone everywhere knows
that we open bank accounts all across
the world
tiberiusiv: smickles: majority of banks in
the world do not want
the regulatory headache of dealing with US citizens.
mjr_: smickles: it's gotta be a
troll
mjr_: but again,
that is why i risk my capital
smickles: tiberiusiv: why do you
think americans can't open forign bank accounts?
tiberiusiv: but shareholders of
the first will be at 0.
tiberiusiv: satoshi can be
taken down, and a new one will
take its place i agree
mjr_: and yet
the market found a way
to bring what was requested
jurov: soviets
tried
that, filed and bankrupted in
the end
tiberiusiv: mjr:
the coke cartels from 15-20 years ago are all DEAD.
jurov: we are betting
that
they can't
take down all sources for everything.
too expensive and ineffective
mjr_: lol you are ridiculously
trolling now
mjr_: and
that is a physical substance
mjr_: they
took it out at
the source
tiberiusiv: nope but
they can
take down
the source
mjr_: and
they do nothing about
them
mjr_: change your nick
to doom_and_gloom_FUD
mjr_: especially in NZ or anywhere else in
the world
mjr_: i would love
the price
to fall a bit more
mjr_: i would even lend you my shares
to short
tiberiusiv: and
the market price of sdice reflects
those concerns