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/biz/ - Business & Finance

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3602737 No.3602737 [Reply] [Original]

Damn funny board. People constantly talking about lambos, hodl, moon missions and other authistic bullshit while investing money into products that do nothing so far.

In contrast I see people bitching about how bad BitDice is.
Well is it really that shit?
68% of the income is quaterly distributed over all token holders while there are 100,000,000 tokens in total.

In numbers:
$$$ = x*0.68*(y/100000000)
x = Quarterly income
y = The amount of tokens you own
$$$ = Your quarterly passive income

According to my sources online casinos can easily make up to 1 million a month. BitDice is already well established and running since 3 years and with the planned changes aswell the upcoming fiat gambling I am sure it will generate some good income.

Calculating 4,000,000€ income quarterly I have my investment back in 4 months.
So incase you want something safe this is your time to buy in.

>> No.3602760

Just bought 100k

>> No.3602774

>>3602737
Brainlet here, how do they plan to pay you?

In BTC, ETH, CSNO?

>> No.3602805

>>3602774
Quoting from the website:

"At the end of each quarter, 70% of distributable profit of BitDice Casino is transferred to the Ethereum (ETH) wallet containing the Smart Contract. The ETH is then redistributed proportionately to all holders of CSNO tokens according to smart contract conditions. In order to receive the dividends, CSNO has to be stored on an Ethereum wallet, which supports ERC223 compliant tokens, such as MyEtherWallet or Mist."

So ETH :)

>> No.3602978

sounds good but this kind of long term hodl asset isnt shilled by /biz/. what are thry gonna shill? wait 1 year and get money?

>> No.3603044

>>3602737
thanks just informed the SEC

>> No.3603078

im a brainlet and i own 2.200 csno tokens, how much will i earn if they manage to make 1 mio profit?

>> No.3603173
File: 55 KB, 945x400, 1505693637712.jpg [View same] [iqdb] [saucenao] [google]
3603173

>>3602737
>mfw I'm a meta-gambler who gambles on other people gambling

>> No.3603206

>>Calculating 4,000,000€ income quarterly I have my investment back in 4 months.

*back in 4 quarters

>> No.3603254

>>3603078
1 mio € a month? Then about 60€ quarterly. First year will make up the investment pretty much. Not the typical "moon mission" shit but safe income.
Who knows? Maybe they will surpass 1 million € a month and numbers will be even bigger.

Considering BitDice is online since 3 years I think it wont go down any time soon so its also pretty safe.

>> No.3603268

>>3603078
>>3603254

And the value of tokens will themshelves increase as they become scarce

>> No.3603476

I wonder how they do dividends. I mean say you sell them in the middle of the dividend period do you still get half the dividends or does the new owner of the tokens get all of it?

>> No.3603629

>>3603044
Their massive reach outside of the US is sure to shut this thing down immediately.

>> No.3603646

>>3602737
How are you supposed to know 'x = Quarterly income' ??

>> No.3603656

>>3603476
Probably similar to DICE, where you have to be holding your tokens at a certain period in time when there is a "snapshot" of who owns what. It's a pretty clever solution.

>> No.3603667

>>3603646
You estimate it based on your personal beliefs. If we knew the real answer we would be able to find a perfect valuation of the token.

>> No.3603755
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3603755

>>3603667