971700+ entries in 0.658s
truffles: seems ppl arent happy about random
tranche announcements
gesell: after some
thought, on
the whole s.dice share
thing... maybe it's a good
thing
that people are forced
to
think in
terms of long
term investment (mostly for dividends) rather
than
traditional stocks. i;d be happy if you would under sell every
time. at
the moment bitcoin stocks are still, well,
they shouldnt be assumed
the same
ThickAsTh: isnt
there like 800k depsoited
to MPEX waiting?
evoorhees: I'll post ahead of
time for any other
tranches
evoorhees: we'll see how
things go with .0055
grubles: DeaDTerra: he wants
to personally rub your bitcoins between his fingers
to check if
they are counterfeit or not
evoorhees: usually used when
talking about financial assets
truffles: so
there can be infinite batches?
evoorhees: a
tranche is like a "batch" of something
ThickAsTh: i dunno, it's
the word everyone is using for releasing a batch of shares
ThickAsTh: and
the market will be down after
these
two also
ThickAsTh: So if you jumped from .0044
to .0055, where does
that leave
the next 3
tranches? kinda hard
to go
too much further up
truffles: yea do include
the edge in
that in vid
truffles: it
took forever
to process now my bitcoin software is still processing wth!
jcpham: i'm weird with
technology
evoorhees: except
that you break it every day deadterra :)
evoorhees: jcpham - if you can make a good SD vid for youtube I'll be happy
to send you some coins
evoorhees: truffles you don't like
the SD site?
jcpham: evoorhees i'm all over
the youtubes
truffles: yea im still confused about how
this bitcoin setup works
truffles: i cant get over how bad
this site design looks..
ThickAsTh: That is one side
that is missing from SDICE, easily guiding a gambler into setting up a bitcoin wallet and sending a bet
truffles: im not a good candidate for
that
truffles: evoorhees is
there a s.dice utube?
maximian: It's where
the brand is presented, where you learn how
to play - it's important
evoorhees: "The worst case scenario is
they arrest you and splash one of
those stupid DOJ banners on satoshidice.com" - I've
taken steps
to handle
this
maximian: so it would be nice
to know if you have a contingency plan for
that
maximian: even if
they can't charge you with anything, damage will be done
maximian: even
though
that doesn't necessarily stop betting, it'll be bad
ThickAsTh: but, either way, I
think some strategic marketing would make
the site really
take off, when it's
time
maximian: The worst case scenario is
they arrest you and splash one of
those stupid DOJ banners on satoshidice.com
truffles: and why is it
that evoorhees holds 89%?
ThickAsTh: it bitcoins
that are what
they need
to look at
ThickAsTh: It's funny
though, because SDICE isnt really different
than any video game
evoorhees: it's an awesome brand and game, and deserves
to be set up properly
maximian: You have
to assume
that someone at
the DOJ is or will
take a good look at s.dice.
truffles: is
there a website where i can learn about what
this is all about?
ThickAsTh: So
the plan is pretty much stasis while legal ducks get in a row
maximian: evoorhees:
that's great - it's been a worry of mine
evoorhees: the plan, for now, is
to get SD some good legal advice on how
to proceed in
the safest way possible. It is getting lots of press and free advertising, and I don't want
to push it further before having all
the ducks in a row
ThickAsTh: Just
trying
to get a sense of what's happening now
to strike while
the iron's hot
ThickAsTh: I recall seeing info about a print ad campaign, maybe more, but
that was all before my
time
ThickAsTh: Erik, if you are still around, can I ask what
the current & future marketing plans are for SDICE?
jcpham: so i can sue when my name isn't in
the credits
jcpham: some of
these are pretty old I'm wondering why i still have
them
jcpham: treasure
trove of lulz
jcpham: <jcpham> yep
that works
jcpham: <grubles> ill have pirate send
them
to you, cool?
jcpham: i was just looking
through my grubles chat logs
imsaguy: pigeons: its one of
those
thigns
that made sense at
the
time when a person is
tied up into
the story
pigeons: its
too much damn hassle paying lenders out of my 10% weekly profits, let's do "trust accounts"
ThickAsTh: BTCTC
takes forever
to confirm deposits
jcpham: seems like i have
that info in a/query log
pigeons: i
think it was just
time for both of
them
to move on, and people did get screwed and it certainly didnt have
to be
that way, but oh well
imsaguy: I wanna know what grubles got out of
this
jurov: they still didn't decide whether
they'll list or not
pigeons: cant
trust him not
to break contracts,
thats
true
jurov: i don't mind rg at
this point, worse enw owners are equally inept
jcpham: the gpg key
thing is not excusable
imsaguy: unless its in
the contract
imsaguy: and you can't jus force
them
to sell
jcpham: to meet
the mpex contract,
that is
imsaguy: the old shareholders would need
to be bought out.
jcpham: bitvps would need
to do
the same
jcpham: it seems
to me
that similar
to what dell has just done
pigeons: but at any rate, everyone acknowledges
th ownership
transfer and its working out well for everyone except
the investors (that leaves customers and new owners)
imsaguy: evoorhees, its just barter unless
there's dollars.
pigeons: no consideration can be more
than currency/dollars
jurov: cause he wanted hard
to be employed, have
the career and be able
to fire people instead of boring
task of running bitvps :DDD
imsaguy: pigeons:
technically, nothing in bitcoin is sold unless
there is $1.
imsaguy: he isn't allowed
to do
that either.
jurov: rg just left everything
to new owhers for free
imsaguy: so
technically, one could argue
the sale wasn't legal
imsaguy: all without even consulting
the other major owner
jcpham: that's how it reads
to me
jcpham: the previous owner of bitvps entered into a contract and
then broke it
evoorhees: oh
thought you were
talking about s.dice
pigeons: evoorhees: rapeghost sold more
than half
the shares
jcpham: looks like
the directors fucked up
pigeons: jcpham: (c)
The Directors warrant
that no further shares will be offered by
them for a period of 30 days from
the date
these offered shares are sold.
The Directors further warrant
that
they will never sell more
than half
the
total shares.
pigeons: oh i didnt know
that. ithought all mpex stocks were non voting shares enforced by keeping 51% of
the shares private
evoorhees: yes
to be
technically accurate, I have 39m shares of s.dice on mpex (these became available a few days ago, which was 30 days after
the final sale of
the ipo shares)