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Lol... they own over 1% of the network so far and the fact that they are involved shows the potential.
Could ELRA be buying into the world largest Bitcoin casino?
Huge Bitcoin investor account hits the market.
A prepaid 479BTC investor account at the world largest Bitcoin casino hit the market over the weekend when forum member "BayAreaCoins" (BAC) of Bitcointalk.org announced that he would be selling his recently acquired whale Just-dice investing account.
The account pays zero commission on 479BTC and will save the buyer 47.9BTC minus the cost of the account. BAC has the account listed for 20.1BTC, but BAC has said he is willing to do a cash sale of $25,000 and is prepared to take offers in BTC/LTC/NMC.
Source:
BayAreaCoins to sale casino investment account.
Huge Bitcoin investor account hits the market.
A prepaid 479BTC investor account at the world largest Bitcoin casino hit the market over the weekend when forum member "BayAreaCoins" (BAC) of Bitcointalk.org announced that he would be selling his recently acquired whale Just-dice investing account.
The account pays zero commission on 479BTC and will save the buyer 47.9BTC minus the cost of the account. BAC has the account listed for 20.1BTC, but BAC has said he is willing to do a cash sale of $25,000 and is prepared to take offers in BTC/LTC/NMC.
Source:
BayAreaCoins to sale casino investment account.
SD PR just said they weren't related. We shall see...
Any computer can mine bitcoins...
Ya as I said earlier, investing in BTC mining is very hard to be profitable.
"I dont think they did. Back in July they were locked in the lawsuit and not really doing anything that I know of. They would have PRed the crap out of making that acquisition"
I think they would have bought it with side money (such as BTC.) Then they will transfer it to the real company once they have the legal paperwork stamped out for the grey market. I guess time will tell... PD was the leading dice site in the BTC world till not long ago. 99% of a BTC company is trust... PD lost a lot of that with the sale of a "unknown" buyer. It was speculated the owner sold it to himself for a bit, but I think the chance are it was bought with BTC raised from dumping on share holders here. Going to get my popcorn and watch. I will consider investing, but it needs to cover a LOT more road and is still a possible scam.
FBI got way more than that..
So I can give them Bitcoin and get USD back instead?
or
Give them USD and get BTC back.
I understand this is a payment option, but will the BTC be converted over to dollars and then gambled with as such or will the users be gambling with the BTC for BTC. Because if you convert to dollars of course you are going to eliminate the Up/Down of BTC, but lets say BTC goes up 5% over night. Do you give the user back that much less in BTC?
I feel like this sounds confusing, but I understand it.
So the stock jumped because how awesome it is? No, it jumped because it dropped a cool PR word with no backing... Please talk shit more to a possible investor. I can put this tiny stock to twenty cents myself with ease. I even saw a troll in a chat box saying they will announce they where the buyers of SD (www.satoshidice.com) which was sold not long ago for 9 million dollars if I recall..
Edit: Maybe more
Edit the edit: For sure more
They know very little obviously.
I surely hope their system of reducing the BTC roller coaster isn't set up how it is outlined on the board.
This is Elray Resources post on Bitcointalk.org
https://bitcointalk.org/index.php?topic=321672.0
lol see all the attention they are getting in BTC land? Zero
It isn't so much a dislike. It is more concern. First off they will have to purchase their BTC... This will leave them at the mercy of the market.
They will have to have a competitive house edge. There are many BTC casinos that operate with a 1% house edge (MUCH lower than any game in a normal casino.)
They will be DDoS attacked.
Finally the whales of BTC will attempt to bankrupt them if they are indeed "Prove-able Fair" We see this a lot at Just-dice.
There are already a number of sport/horse books in the BTC world that pay much better than even the book makers in Vegas (due to the owners of the sites being in BTC since bellow 50 a coin.)
Bitbook.biz and a number of other ones.
Just-dice already allows BTC investors to invest freely 24/7
I am just saying they have a lot of competition that has a lot of advantages over them. I doubt a Mineral Exploration company turned gambling can hang with them. :) Enjoy your short term profits!
Exploration company gone Bitcoin... SCAM SCAM SCAM SCAM SCAM SCAM
Show me their wallet because all I see is a scam company throwing around a word that very few here even understand.
All wallets are public information so at least you guys will be able to see if they are lying or not.
I will invest once I see their wallet
I am just point out the obvious so some poor guy doesn't see this as a option to put their foot in the BTC door.
Best way to get involved with BTC is buy your own from coinbase and the best way to invest in a BTC casino is to put your BTC at Just-dice
Tax free bitcoins? HA Bitcoins are not a way to avoid the law...
They won't be profitable with a BTC casino... That is what I am saying. Unless they have some coins in their back pocket from months/years ago. It is a super risky thing because they will have to buy their bank roll at market price (No one will invest in them because Just-Dice is already around and has a amazing rep in the BTC community.) When they do buy their bank roll they will be at the mercy of the BTC market which is heartless and there are MANY big holders who could drop the market to $1-$50 with a click.
Not trying to pop your bubble I am just pointing this out.
They will not make any money with a bitcoin casino....
I would not hold my hand on my ass expecting this company can get into the BTC casino ring. Just-Dice owns that world along with several others. They will need all sorts of DDoS protection ect and they have no trust in the BTC world.
They would have to buy their BTC over $200 dollars as well which would be a killing blow if/when BTC prices fall.
Moody's downgrades Doral Financial to Caa3
https://www.moodys.com/research/Moodys-downgrades-Doral-Financial-to-Caa3--PR_283688
Hybrid Capital Instruments Rated 'C' By Standard & Poor's Under Criteria Observation Following Changes To Methodology
PARIS (Standard & Poor's) Oct. 25, 2013--Standard & Poor's Ratings Services
has published its final criteria regarding its use of 'C' and 'D' ratings for
hybrid capital instruments (see "Use Of 'C' And 'D' Issue Credit Ratings For
Hybrid Capital And Payment-In-Kind Instruments" and the related criteria
article, "Principles For Rating Debt Issues Based On Imputed Promises,"
published Oct. 24, 2013, on RatingsDirect).
Following changes in rating methodology, Standard & Poor's assigns the UCO
("under criteria observation") identifier as an early indication of the
potential effect of such methodology or other change on specified ratings (see
"Standard & Poor's Announces "Under Criteria Observation" Identifier For
Ratings Potentially Affected By Criteria Changes," published May 7, 2013).
The hybrid capital ratings listed at the end of this article now bear the UCO
identifier. Any rating changes prompted by the new methodology will be
published in compliance with Standard & Poor's policies and procedures. The
'C' rated instruments under review are issued, either directly or through
dedicated subsidiaries, from groups headquartered in Europe and the U.S., of
which 70 are banks and financial institutions, 13 are insurance companies, and
two are corporate entities.
The UCO identifier is not intended to change or modify the relevant rating
definition, and it is not equivalent to a CreditWatch. In contrast to a
CreditWatch, the UCO identifier offers neither an estimate of the likelihood
of a rating change, nor the time period over which such change might occur.
The UCO identifier will remain in place until we've concluded our review under
the changed criteria, at which time we could affirm or change the ratings or
outlooks, or place the ratings on CreditWatch.
Doral Financial Corp.
US$74 mil 7.00% noncum pfd stk ser A
ISIN: PR25811P2094
US$90 mil 7.25% non-cum monthly income ser C
ISIN: PR25811P4074
US$361.56 mil 4.75% Perpetual Cum Conv Pfd Stk cum
ISIN: PR25811P7044/PR25811P5063
Down $7 since your charts and highlights and $7 more dollars to go down. Yikes
HUGE after hour sale. Landed DRL on the Top Loser list this afternoon. Shortly after someone placed a correction trade trying to cover it up on the graphs.
Doral Financial Corp. (NYSE:DRL) is currently trading at $16.5738 down -2.7% in after-hours on 14900 shares traded. DRL is trading -17.78% below its 50 day moving average and -3.67% below its 200 day moving average. DRL is -31.88% below its 52-week high and 63.75% above its 52-week low.
Read more: http://marketsntrade.com/smw/48039/Top-Losers-in-After-hours-Today-October-21#ixzz2iPc3Kp2O
Doral Financial Corp. (NYSE:DRL) is currently trading at $16.5738 down -2.7% in after-hours on 14900 shares traded. DRL is trading -17.78% below its 50 day moving average and -3.67% below its 200 day moving average. DRL is -31.88% below its 52-week high and 63.75% above its 52-week low.
Read more: http://marketsntrade.com/smw/48039/Top-Losers-in-After-hours-Today-October-21#ixzz2iPc3Kp2O
Sell sell sell! Company has major problems. They had to be pumped over $1 and then a 20 to 1 reverse split so they didn't get taken of the NYSE. Major debt, way to many employees and the list goes on.
Best short of the YEAR
(I am short and have been a while)
If you are holding DRL shares you have a 20 gallon bag for a stick of gum.
$DRL *ALERT* HUGE volume. A single trade boasted 200,000 Shares in the Extended Hours. The total trades between 3:40EST and 4:15 was in excess of 300,000 shares total (all against the ask.)
The only news for Monday was that:
http://www.4-traders.com/DORAL-FINANCIAL-CORP-13556176/news/Doral-Financial-Corp--Doral-CEO-Welcomes-Attendees-to-34th-Annual-Convention-of-the-United-States-17271985/
And a insider sold 3,600 shares last week at 23.25
http://www.sec.gov/Archives/edgar/data/840889/000118143113048986/xslF345X03/rrd390441.xml
This marks the third insider to liquidate a % of their shares. This past one liquidated roughly 11% (doing the # from memory, so you should consider your own math), another liquidated 100% of his shares (3k something) and the third closed 16%-22% of his shares.
GO DRL
$DRL *ALERT* HUGE volume. A single trade boasted 200,000 Shares in the Extended Hours. The total trades between 3:40EST and 4:15 was in excess of 300,000 shares total (all against the ask.)
The only news for Monday was that:
http://www.4-traders.com/DORAL-FINANCIAL-CORP-13556176/news/Doral-Financial-Corp--Doral-CEO-Welcomes-Attendees-to-34th-Annual-Convention-of-the-United-States-17271985/
And a insider sold 3,600 shares last week at 23.25
http://www.sec.gov/Archives/edgar/data/840889/000118143113048986/xslF345X03/rrd390441.xml
This marks the third insider to liquidate a % of their shares. This past one liquidated roughly 11% (doing the # from memory, so you should consider your own math), another liquidated 100% of his shares (3k something) and the third closed 16%-22% of his shares.
Was short, now long!
Doral Financial Corp. Insider Penko Krassimir Ivanov Unloads 100%
http://www.sec.gov/Archives/edgar/data/840889/000118143113047262/xslF345X01/rrd389573.xml
The insider sale days prior was 20% of his owned shares.
http://www.sec.gov/Archives/edgar/data/840889/000118143113047083/xslF345X01/rrd389487.xml
Views?
Doral Financial Corp. EVP Christopher Poulton Unloads 10,000 Shares
http://utahpeoplespost.com/2013/08/doral-financial-corp-evp-christopher-poulton-unloads-10000-shares-drl/
Mr. Poulton bought 100,000 shares in 2012 (Keep in mind this was prior Reverse Split, so this is truly 5,000 shares today.) In other words he sold what he bought in 2012 times 2.
Here is a pretty good outline over looking some major problems. Easiest short of the year since their R/S.
http://seekingalpha.com/article/1647422-problems-continue-at-doral-financial?source=yahoo
LINK TO CIVIL ACTION Good read
http://www.noticel.com/uploads/gallery/documents/Demanda_federal_Familia_Spagnoletti_v._Doral_-_NotiCel_.pdf
They have so many employees for paying people off I am sure... This guy found all types of stuff, so they wacked him. Pretty straight forward...