Bitcoin Forum

Wow this is so cool.. Like really... I never thought of the possibility of joining a gambling network on the blockchain which is so attractive as this right now.. I'll be exploring much more in coming days  :D

Really want more information on the project to see what it's about gonna spend some time reading about it i've always said though that gambling seems like the perfect target for blockchain due to its immutablity and it's distributed architecture it really lends itself to being able to handle something as important and widespread as gambling

It seems team just started working on this project. I don't even see whitepaper. Or I am missing something? I checked the site and they mentioned " ICOs are dead "So there will be no ICO from Orbit?

Peer to peer gambling?  I have lost of questions in my mind  now. how it's going to work,  what type of gambling it will be, etc. Where I can find more info about this project.

Wow eleven days from now and the project will going to fully launch? Looks like an interesting gambling project but I don't think how it will really going to work, Good luck to the team then  :D

That sounds good and interesting at first, even if I can't imagine much under "ICOs are dead. Orbit is your next 100x ..." yet. I try to collect more information about Orbit.

I have no idea what I can imagine in this project. But I'll just go with you. I'll know more in a few days:-)
who else signed up?

Spin and win, lol, i see this becoming the next addictive thing in the blockchain industry once they fully implement the features but the fact that's a peer-to-peer also makes it much more interesting, will love to know more about it and how it actually works, its good to know that users can test it out in few weeks to come, hope to see good reviews

I have never liked projects which write something like that: "Orbit is your next 100x"
Website doesn't contain any useful info, there is only green button "Be first to go into Orbit"  :-\

Thanks, we promise this is going to be huge.
We will be releasing more information in our discord and through our email list.

Thanks, we can't wait to launch.
The first people to go into orbit will be those which sign up to our email list, please let us know if you have any other questions :-)

Hey, we are slowly releasing information on our project. In our discord we are directly answering questions, sharing screenshots and we will soon share the smart contracts.

This will be a phenomenal project which will send waves through the community. No one has successfully launched a peer-to-peer betting site with no limits. We will be the first, and we are keen for you to be a part of this.

Orbit is built on the Ethereum Blockchain.

Orbit is a peer-to-peer game of luck. Gamblers add ETH to buy a section of a ring. Rings have a limit of ETH which needs to be added for the ring to spin. When the limit is met, the ring spins and chooses a winner.

An example:  A 10 ETH ring is created. Someone buys 50% of the ring for 5 ETH. Another person or group of people must buy the next 5 ETH of the ring for it to spin. When this happens the ring spins, and will land on a winner. The winner is paid out 10ETH (- a ~0.5% fee for the site) through the smart contract.

I like this example and now I understand to certain extent on what Orbit is about. I was thinking Physics on seeing the name of the project. Loser will end up with nothing or still they have to pay the fees of 0.5%?

Hey, yea we know it is a big claim, but it is true, here's why: you can add 0.1 ETH to a game and get back 10 ETH which is 100x. It is really that simple.

If you would like any other info I am happy to answer questions here or in discord.

About asking same question. Thanks for the information. Gambling on Blockchain would be great. Smart contract from Blockchain would ensure the transactions are secure and transparent. Which are the basis in traditional casino. Data on payouts, results and winning are usually hidden plus frauds by popular casinos. Now you can spend your CryptoCurrency and get more crypto in return.

This project just started, I can’t much information about them yet. But I see some response from the team on this thread on the questions about the project.
Blockchain would make casino become true and there won’t be fraud since in open on Blockchain to anyone. Hopefully this project kicks off, ICO starts and we see response from investors. I would advice team to put up an effective campaign plan. Success in changing the world.

"bet against each other via smart contracts, with no limits at all". It's look like something interesting 👍. I have to read more about it.

Yes exactly, our smart contracts are managing all the transactions, we are creating a website to make the game fun and engaging.

Traditional casinos are not trusted, and we are lucky to have the blockchain as a solution for transparency.

The website looks empty why is that?
I am particularly excited about the project since it is a workable plan but I think since launch is in 11 days from now there should be information already out there in the website/ when do we expect this??

I funny your website doesn’t have any yet. But you’ve given great explanation on the project. It’s a summary but I get your point and could see the aim of orbit. However. You’ve built a handful community here already. You could be surprised with the community of investors looking for a great project to throw in some eth.
Success on the project.
I’ll check up next time.

So you're launching a Gambling Platform for making investment a 100x like we have seen in ICOs last year?
Well i do have to agree on the  fact that  ICOs are Pretty much dead! None of them got to achieve  the ICO plan really and i'm loosing faith in them!
But how do you assure a 100x return?
I mean in gambling your win is someone's loss right?

Thanks, come hang out in discord with us, we are discussing loads of ideas

Everyone has the chance to win 100x if they want. They could also choose to join a ring with different odds, and they might get 10x or 2x for winning.

Yes, it is gambling, but it is peer to peer, so you are playing against others, so the house is not the winner, a player always wins.

You will actually be able to join the first ring we run for 0, we will enter you in for 0.1 ETH and give you the chance to win 100x. This costs you nothing and it is our way of promoting the site here.

So for general questions/answering Orbit using discord channel? They are not using telegram channel?

I like the idea, but i really miss some more information on the site. I am sure that you guys are working on it. Hopefully it will come out soon !

Well sound like something really deep to give a look!
How are you gonna make that happen and whats your plan?
I would like to do some  research of my own on your service!
But there aren't many data on the website

Well you sound pretty confident of the whole thing, which is good, hope the communication in the discord group is extended to the telegram channel, even though i'm yet to ascertain if the group is vibrant or not but it will be nice if telegram is focused on as that's a major avenue of communication and preferred by the community as oppose to discord

Does anyone know if Orbit has to get a gambling licence for their business model? And if they need one, do they already have one / are in the process of getting one?

Finally, a gambling network that allows you to determine your own odds? And to top that, it is built on the blockchain? I can't wait for its release

Altmarkets is a rapidly growing exchange with now over 5,800 registered members and over 80 coins listed for trading, we run competitions, promotions and airdrops on a weekly basis!

Request a listing via our add coin page, https://altmarkets.cc/add_coin (https://altmarkets.cc/add_coin).

(OPTIONAL) Join us on Discord to speak directly to us about your listing request : https://discord.gg/ZhQzy5f (https://discord.gg/ZhQzy5f)

Our Fees - https://altmarkets.cc/fees (https://altmarkets.cc/fees)
Listing Policy: https://altmarkets.cc/add_coin (https://altmarkets.cc/add_coin)

Gambling and Blockchain combo would be a great project with the right team. It would need some advertising here and there. It would be secure, transparent and anyone could participate anonymously. This fixes issues on the gambling.
How far Does the team plan on taking this project? Why should I be a part of your ICO?

I really like to see new DAPPs released on the ETH blockchain. So basically a 100 people enter and one is randomly picked and the winner will receive 10 ETH is that the idea?

This is the kind of immutable design that we should really be seeing more of popping up on smartchains and it really fits into gambling well, which you'd think we would see more of, i've seen a few companies attempt it before but it comes down to getting enough people to want to participate to make it worth it which is all marketing really.

yeah, i also have that same issue i don't know why they don't have much content on their website or are they planning to upgrade the website later. it important that they come clean with enough information

Really hope so if they want to really be taken seriously and actually get big numbers and cash into the project they should make sure their face (website) is as high quality as possible and informative

Agree.  Most of the information is missing from website as well.  But it seems project team just started working on it and will make all documents,  information available soon.

Why don't you make some announcement about the details of the project here in bitcointalk also sir? But it's okay if you're just want to post it on your discord. Hoping the best.

Some projects wants to start with some particular platform.  I think this team like discord more for now. I don't know if they have telegram channel or not.

Bitcointalk is a big forum making here some announcements will be noticed by more people who are intrested in crypto. I would post it on all social media platforms.

By this claim are you saying it is a guaranteed fact that one can win 100 ETH when they add 10 ETH? If so, how can you guarantee it because it is a known fact that nothing is guaranteed in betting.

Yeah, but guess only one player will be selected for 10 ETH prize. But it's really nice marketing strategy.

The games will be managed through smart contracts, this will be a community project as fees will go back into the site.

I guess it going to be much more complicated than that. Now more people can participate in the game. You could stake your asset and get paid back in CryptoCurrency.
Btw it’s great that we got dApps coming on eth Blockchain. More options to spend your CryptoCurrencies.

no risk, no fun :-)
I also have no idea what this should be. But I signed up, let's see what happens.

They’ll have to start somewhere, which they had with discord and then here on bitcointalk. I could accept that. It’s a difficult job having to build your social handles for campaign on a project. I have seen some project do this with interested persons using airdrop campaign and bounties too. They would get the expected results with this. Hopefully they are successful with that. Also, there are some exiting bounty projects that help out with campaign  although at a percentage fee but they are effective. 

What is the probability of me winning 10 eth in one week with this claim. Am I guaranteed to losses too in the future and what % of loss can one attain.

Do you plan  on building a AI for Gambling?
I mean you need that to assure a fair game!
Someone repeatedly winning and some one loosing repeatedly is really a bad idea!   

I still don't know exactly what to think about Orbit. But the chance to win some ETH for free, I cannot resist.

Yeah, 10 ETH is not a small reward. But I want to know more about this how to gain this rewards..

Yea, the marketing area is basically where they have to put in much more effort because such works pretty well with crowd but i see users as the ones that will eventually do the marketing for the brand rather than the other way round, the gambling niche is a multi-billion dollar industry because of its addictive nature

Its also nice and quite lot of money to be honest. May be if you lose, you will probably lose about 0.1 ETH but if you win its 10 ETH. This will attract many players.

What I know for sure is gambling is a very big business and is very profitable and if done properly is a big money spinner... I followed a project on that theme last year as well and I wonder why they have gone cold too

well i get your point but it completely based on probability and you know you can get any outcome so i don't think they can guarantee anything, they can say but we should expect anything

Okay, I see. Since in some countries even loot boxes from games are banned, I was just wondering if there are any legal restrictions for the Orbit project.

It’s one of those things that’s pretty unknown when it comes to online projects like this in a distributed setting I imagine it falls under wherever they are registers regulations but in reality since it’s a smart contract and can be run from anywhere I dunno how governments ever intend to really put controls on these kind of projects I don’t think they can

Yh. I’ll be happy to be a part of the telegram community.  They got a lot going on the discord channel. You could try that out too. Orbit is going to change the way we spend our crypto asset, while providing an option for traditional gamblers to earn free crypto by placing stakes. Hopefully when project is fully launched we would see some more interest into crypto from new users, who would earn their first crypto from orbit.

Yeah, That's why I think they must really make some for their project. It will really going to help them to find some good supporters and investors for Orbit.

Right, Bitcointalk is very popular among crypto lovers. Team should release as much information as possible here also.

You don't have a contract code yet?
Who is the sponsor -and will pay such a huge prize?
there is no information on the site-everything looks vague and foggy ;D.

Well I really think they couldn't until recently, I mean blockchain was meant to be decentralized originally but here we are at this point seeing it being regulated, so since Orbit is going to run on the blockchain network, every chance of government intervention in the process is high except if the team are hidden which will weaken the trust and faith in the project

It’s a startup project. Hopefully they’ll update the website. I heard they are working on it. Am interested in the project, knowing it has some much to offer crypt sphere. You can spend your crypto assets. And get paid in crypto currency. Obviously, there would be some players that would make a first cryptoasset earning from orbit. And that’s a splendid use case of orbit project.

Yeah, seems to be they are working on it. But if we have any question or queries about the project so where should we contact them? I mean I did not seen their official telegram channel..

They should try to move to other platforms as i saw that they only have Discord, although did you try to ask your questions there?

10 eth is really a high reward. Winning this can change someone's life. Is this winning a one time offer or every person betting can be able to win the eth.

Maybe it's all just a research project to find out how many people join although there is no information :-)
Has anyone joined the Discord Channel?

That is for a fact, gambling is a big industry, it is arguably the biggest business in the world but this is something new to me (peer to peer gambling) and I can't wait to see what they have got.

Hey, thanks for the question. The source code will be released within the next week, we are happy to share in a transparent wat everything we have been working in.

You must keep in mind that we are launching a peer to peer gambling game. The smart contracts manage funds, not us as an organization, so you can assume trust in the smart contracts, in short you are trusting each other and not a casino.

We are the sponsor, we are a collective of crypto and gambling experts. We have worked hard over the last 6 months to develop this game and we and confident it will have a huge impact in the space.

Peer to peer gambling. Does anyone have have experience with such gambling?  What type of bets we can do here? Will it be based on Sports as well?

And do not forget that if the bull market comes then 10 eth will be worth much more than now. You can even buy a car after the bullrun.

I am not sure about another channels but they have their discord channel and people are joining & asking questions there. I guess both of you people this link will help you to get the answers.

https://discordapp.com/invite/Jzfk8Wa (https://discordapp.com/invite/Jzfk8Wa)

This seems to be one of those projects where you have to ask in chat to really get the infromation, but i agree the 100x thing seems a bit cheesy and it's a sad point that thats the kind of stuff groups have to do to get attention in this industry which i personally also dislike, i rather a more informative and upfront professional site.

they do have a lot of stuff to like really! but i dont really like the no limit part as it might ruin some life as we know how gambling works and how it effects a mind!
so if they brings up a service to prevent such issues then it would be amazing!

yeah, they should try their best to drop as much information as possible not only on bitcointalk but also other social platform, getting their community updated is very important to their business

Yea, the smart contract is like the managerial position of a brand when it comes to blockchain industry and it eliminates the need of any bureaucratic process that may delay implementations after the launch and that's the part that differentiates the blockchain industry from the traditional/ conventional settings of the industry, i want to see what's like to try it out

I agree. But some team member here is answering questions. Also they are asking people to join their discord channel to discuss in detail. Please check previous pages of this thread.

Since a lot of people are not really familiar with crypto in general yet (at least the people I know), how easy/complicated it is to use a smart contract for gambling? Do you need be an expert or will it be easy to learn and user-friendly?

I see some firms/friends  new to crypto asking the reason why we see most projects launching on Blockchain and making use of the technology. Orbit as an example, would be doing that with two giant economies; CryptoCurrency and Gambling. Each worth over 400billion USD. 
These Economies care more about Security and Transparency of all Transaction. All offered by Blockchain technology.
Hopefully we orbit team get to show this to the world.

I don't think you need to be an expert, but you've definitly have to have some solid programming experience, and if you want to do something like orbit you have to have a team that can write the smart contracts, but also ensure that it's not bug ridden and exploitable by people that could really be an issue, i've seen it before you need quality not just random smart code to make a project like this succeed.

Not quite lambo money but it is a very good winnings, how often will they do the 'bets/raffles' is it one every hour? Or one per day? I can't see confirmation of this on the Orbit website.

Thanks for the feedback, if you have any ideas how we can promote our project to the community without being cheesy we would love to hear them :-)

Every few mins new rings will be opened up and available to join.

So you could be small and often, or wait for the rings with the odds you want to see.

Thanks for the question and please join our https://discordapp.com/invite/Jzfk8Wa for a more indepth discussion

What I need to find to win 10 ETH?  Is this money as total rewards or for individuals? If 10.ETH for single winner then it will be a jackpot.

Yeah, Hearing or reading about the 100x thing makes the project looks like some words from some fishy projects out there if there's another way you can do to catch some people attention that will be good. I believed on ORBIT and I know you will do more than what we are expecting from you.

I just found out about this project and i wanted to ask, what makes this project a lot better then other projects that have the same direction?

First, you could publish a little more information on the homepage. I have learned a little more about this project in the Discord Channel, but it would be better to put this  on the  homepage

My question was more towards how complicated or easy it will be to bet/gamble on the Orbit platform. I mean, from the user's side. Do I need to have experience with cryptos or is easy to learn.

The 10Eth bet is an example. I guess Orbit team is trying to get the attention of investors and users by describing the use of Orbit Platform. What you could do with the token and How much you could be lucky to win.
The platform is designed to be open to lower or higher bets, and a corresponding stake to wins.

Exactly, I guess they have to modify their website also and have to publish their more social media channels if any. Or create social medias accounts and link to the homepage.

Apt answers I must say but then again I got thinking a little
Do you guys have reserve funds for the project? In the case a winning might be bigger than money held in the Orbit wallet, do you have second options of sourcing funds?

It’s a solid project likely to do well in a bear market like we got here. More information on your website, a twitter page, telegram, great team, and a bounty program would be helpful.
Orbit ANN on btt and discord was helpful. I could get some information about this project there. But unfortunately there are some person who like to play but not on discord. A more friendly channel would be great. Success though.

I just saw in the discord channel that that highest referral stands a chance of winning 10 ETH. I mean, that is a very high incentive if you ask me.

That is a great chance to win 10ETH, but not reachable for me. When will the orbit team give us more information on how the ring-bet will work?

It's a good idea, but i want to see more i want to see more details on the site they need to clean things up a bit and just be more outward in drawing people in if they explain for even the slowest of people how the gambling works theirs more chance of people getting in on it and giving it a shot.

When the whole system will be available for participants? Or is it already fully functional?

win 10 eth and next comes the bull run, honestly 10eth is quite a lot i really would want that added to my wallet

Just finding this out. Ready some information about the project on first page. The intent behind the project is pretty much straight forward. A new focus point for crypto betting lads.

I do agree with you on that aspect, they should create the needed details to give the community an in-depth knowledge of the concept, a clear view of what investors are up against and what awaits them in terms of profit, though the ability for users to decide on what they earn via gambling and luck can drive up the momentum of the platform 

I asked this question in discord-i was given a vague answer.
As I understood -will be paid by investors, the foggy scheme.I'll hold off and watch for a while.

Well, this could end up being very popular especially with all the crypto gamblers out there. I've joined the Orbit Discord and I'm looking forward to hearing more information about the project.

Honestly discord is one of the best community chat platform but I hope they will really going to put some details outside of it like what you said on their homepage.

Yes no doubt on that!
You can put detail there in different section, categories them and  give members ranks and all those stuff!
Orbit did took a platform wisely! But many people find discord  a Hard interface! So putting some info outside will be really a great idea!

I will like a better explanation of how the rings work, is it like a pool where people are gathered and one lucky winner is selected to win 10 ETH?

Just the same observation I pointed out on Making my first post here. For a project like this, there's supposed to be lots of information added on the home page since this forum is like one of the top crypto forum many goto for information.

Are there any blogs or articles written about this project that one can read and follow to get to know more about this project? Seem to find only little information about the project.

You can not be a gambler, and join the number of investors of the project, as this industry is very popular. I will follow the site updates and news from the development team. when the team will show all the information about those who create the project and the planned stages of development? ::)

There’s still a lot more information missing out here. If you’ve followed the discussion on this ANN thread by Orbit, you would see the reply of Orbit Team on that.
Orbit Project recently got a start, and they mean business, they are working to bring the best out on Gambling.
Already some investors within the crypto sphere and non crypto gamblers have shown interest. Hopefully, we’ll a successful project.

I think one of the best social platform for ICO out here is telegram owing to the user friendly built it has got plus the fact that it can hold a lot of people all at once. All that is needed are good community managers

Is there any plan by Orbit team to publish whitepaper? if yes, when it will be available? For now, it looks like we are just watching trailers ;)

Gambling itself is risky,  but for gambling platform it gives good profit. No matter who wins or lose,  orbit will get commission.  So tokens might give good return.

As already mentioned by someone else, the Orbit website looks a bit 'empty'. A little more information with maybe a simple whitepaper (or One-pager) would be a good idea.

I know right?, i can bet you that the popularity will be more than any other top brand you can think of because of its addictive nature and no offence, humans are generally lazy, so if they see something that they will earn them constant profits by just sitting and gambling, they will embrace such, even when they are loosing ;D

I dunno if bigger than any brand i can come up with but i definitly think that smart p2p gambling like this has a definite niche it can fullfill and considering how big the gambling world is even a small portion of that has some great opportunities, i hope the team can develop a nice secure niche market and lock it down well to gather attention

yeah, they certainly will have to release a whitepaper to give the technical and the non-technical aspect of their project

I agree, that Orbit has a chance to fill the niche in the market. Crypto and gambling are somehow related. But I need more information about the story.

For me the main thing is marketing of the project. I am seeing this project mentioned only in bitcointalk whereas there are lots of other promotions needed as well. Even telegram channel is not there.

The 10eth reward is quite huge and  am sure this will bring in different folks into the system. How often will this reward come because am definitely looking out for it..lol

Only 7 days to go. Who of you has already registered?
I'll be there and I'll take a look. At the moment, the crypto market is so boring, it makes such a fun project even joy

Yeah, we all need a bit of fun every now and again, and imagine winning! 10 ETH is a lot of money! I wonder how long it takes them to distribute the funds to the winners?

The rewards that we will get is really attractive that's why I think even they will not going to make some announcement many people will still going to join on it.

Hello team, the ORBIT project is provided to the user unfinished, will be provided to early investors who believe in the project, more favorable conditions?

I think I am also going to try my luck for the 10 Ethereum. I don't usually do stuff like this because I have never won but this can be my luck.

Yeah actually market seems really dull at this moment and trading is really ruining life with continues to make profit hard and harder!
At this stage trying to taste luck with Gambling seems promising! 

Yeah, it's been a tough year. I don't feel particularly bullish at the moment about the markets. However, it is still nice to see new projects being developed even during this bear phase. It's a testament to blockchain technology because there are obviously people out there that aren't bothered about the price and they just want to use the tech which is good news for adoption.

Looks like everyone lost confidence in Cryptomarket now. No one is talking about bull market, ETH going to 1000 or so.

10 ETH is very good amount. Even at current rate its equal to 2000+USD. And just in case if by Xmas ETH goes up and cross 500 USD then it will be real gift from Orbit Santa ;)

Well, a bull market won't happen just overnight. I hope we will see better times next year but it takes time to see some steady growth and new money coming into the market.

Gambling is a big market and full of risks, from risks of the platform not secured to risk of loosing out all of your stakes in a blink of an eye, but then again, have we consider the trust potential users could give the platform.

Who are the team behind the project? Users will feel secured knowing of them

I am not sure about your question. But this is completely different type gambling project I would say. It does not matter whether you start early or late. Its always about 10ETH final target.

So for this there is no deadlines? Means players can participate at any time in this ETH rewards game?

For my understanding, you can participate in the game at any time until the ring is full. The target is 10 ETH and it depends on how much you wager.

Well i'd imagine it's not a fixed target deadline, but they have to get enough for the target to be able to have a sufficient reward to doll out, so it makes sense that they don't have a date as a fixed end but i think it's based on the speed that deposits happen to the rings.

regardless of the price i still think they need to carry out extensive publicity because a lot of people are not fully aware of what cryptocurrency is all about

On the homepage is running a countdown. Today it is still 6 days. I think that's the time to sign up. But maybe everything is different, there is little information

It’s a big boy market, gambling. There’s risk for everyone though. But since we are goin to be playing virtually, with both parties in different locations, there’s the need for security. How does Orbit team promise to assure users of the platform they have an equal opportunity to win?
For me that’s what matters.

Gambling is as old as man. Really, many people have lost a fortune and still more have made a fortune from gambling. It keeps revolving.  Now we got Blockchain coming into the lucky win game. There’s an opportunity for gambling on Blockchain, everyone in crypto is a risk taker. And wouldn’t mind placing a bet when the odds are good. I think Orbit would do well.

The public immutable nature of blockchain sort of lives to make it work for gambling it makes the whole provability of the entire ordeal much more visible to everyone and really lets the odds be right out there and open this is something i've said forever is why gambling will all move to blockchain eventually

Yes, there is an ever increasing demand when it comes to gambling, just come up with a creative way of doing something and the community will line up with their money to try out their luck and once few people come out with positive news, the whole place will be flooded with activities, its logical and like i stated earlier, its a process that's known to be addictive

Yes, those who have decided to plunge into the crypto are those who realize that they could have lost all their assets in or other in the sense they have been ready with all the risks that it could just be they get, especially site gambling. The application of blockchain currently make gambling more transparent and decentralized so that they can see the opportunities greater than gambling in General.

Blockchain will really going to change and bring a lot of things. I'm really excited when I read that some project like Orbit is planning to run a gambling project in blockchain I can't wait what it will looks like.

What I can imagine here is that gambling at Orbit will be genuine,  without any kind of cheating involved.  We have seen in many movies how payers do the cheating.

I’ll accept it when I lose my bet, but when I get cheated, then it hurts more. It’s all about transparency and trust. It’s unfortunate that Orbit website isn’t set yet nor can we get more information about the team and the project because it’s still in the kickoff stage. But I’ll like to know how much experience the team has in gambling and their plans to guarantee all bets would be transparent.

I don't really see it as a big boy kinda thing because it accommodates all, the funny thing is, individuals that are low income earners seems to be the highest patronizing gambling in terms of statistics because they are motivated by that desire to become rich and sometimes greed, unlike the big boys that are already financially stable and gamble for fun

Everyone likes to have fun. And if it comes with small cost then its real big fun 😋. If Orbit is allow gambling using small fund,  then it will make gambling as fun game ;)

They are still not have any another social medias accounts? I mean in discord channel I couldn't found any link for twitter, facebook or telegram.

That's the beauty of blockchain! You can't change anything nor hide anything! Thus everything will be fair here!
Plus they said no limitations on Gambling, which should be good and bad at the same time! Still nothing could be said before the platform  launch!   

"everyone in crypto is a risk taker"
This is very true, A lot of risks involved right now in the crypto and it feels like gamble everytime you want to invest no matter how trustworthy the project is or how reliable the team posed to be

Yea, probably they will roll this out along with their website. The truth is we will get to know more about this project when the website becomes available.

A great thing with Orbit (and gambling on the blockchain in general) is that you take away the middleman. No need for shady betting offices anymore when 2 people can bet directly against each other with the help of an immutable smart contract.

That's true. Even we are saving commission money by avoiding middleman and offices expenses too.

I have noticed that most of this blockchain projects aim to take away shady middle men that is usually with the traditional processes. Why is that?

This is suppose to be a part of the preparation project before launching public awareness though. Anyway, hopefully they do it soon enough.

Like I said, who knows, seeing as it is not available on any of their channels and their website too isn't ready, we might get to see it being rolled out with the website because we all know that social media presence is very important in this dispensation.

I hate to wait, but we need some patience. I hope in five days we may know more about the Orbit project.

You are actually right about that, cryptocurrency is infact all about taking risk but i believe such risks will be minimal with time due to investors becoming more aware of their investments and also the industry getting better due to the coming in of brands that actually have solutions to real life problems, making things much more productive and less of gambling

Yeah, can't wait to have a feel I believe they are working to gain more traction in gambling/blockchain world. It gonna be something to watch out for.

I think we're going to see an interesting end of 2018 and run up to 2019 it's going to be a big change i think as more of the world especially the gambling world starts to take note of what blockchain can actually offer them in the longrun, a truly open and visibile proovable gambling network is the future

Website is crucial. I am sure team is aware of this and will be working on that for sure. Looking forward for the announcements from the team sometime this week as somebody said that in the discord channel.

Absolutely, just because ETH reached $1,000 before does not mean it will hit that level again. I might not be feeling bullish right now but that doesn't mean I have completely written off cryptocurrencies. I just think it will take a bit longer than originally thought to grow back to all-time highs.

I really think in the next 12-18 months we will see global stock markets crash and we could see another recession. Look at markets now the FTSE is down over 10%, the S&P 500 also fell 10%. In 2008 (the last recession) markets fell 35% in The US, this caused massive banks and businesses to close. I think we are at the start of something bad for stock markets.

But this could be good news for crypto, in bear markets investors love an alternative investment. Crypto at the moment is the alt investment with the biggest potential, so I wonder if we could see a lot of money bleed from stock markets and then enter the crypto markets. It's going to be interesting to see what happens over the next couple of years.

This thread is getting more attention. I guess it’s because the project got a side that affect crypto users. Which is it allows you to get more Eth or Altcoins when you stake some other crypto currency. But that would require you to be lucky and know how to play. Finally an entertaining part of crypto.

I think it’s also because market is lowish and any chance to win and increase people’s holdings of crypto is a great longterm possibility for growth of funds

Another is I think making a gambling in the blockchain will be more secure thab other gambling projects out there. That's really a good idea of Orbit.

I am very interested - which country is the developer of the ORBIT project? Is there any information about where the office is located, contact numbers?

Yeah,  blockchain technology will allow people around the world to participate in this gambling platform.  User from many different locations will be able to play together.

Right.  I can play with my family and friends now who are in different country. Normally during festival like holi we used to pay cards together. But that fun was missing in past few years as we move to different parts of the world for jobs.

I love the fact that Orbit is not just a regular betting site. Orbit acts as a mediator between two individuals with different opinions about the  outcome of a match, giving the winner the agreed betting amount.

If only this was already up and running during the world cup competition that took place this year, I believe they would have had lots of satisfied users preaching about them.

They look different from traditional gambling. A few added feature of Transparency and security plus being anonymous gives them an added advantage. It’s unfortunate more information about the project is yet to be disclosed, but with the little information available this project would be a win.

It is all peer-to-peer so we do not hold ETH in our wallet.
All money is paid out from one person to another

Our latest article with more info

https://medium.com/orbit-hq/introducing-orbit-no-limits-peer-to-peer-gambling-287a75271645

For now, I think the best place to contact the team and make whatever inquiry is on the discord channel, as their website and other social media platforms have not been made available to the public yet.

Yeah they haven't organised everything yet so all info is not available for everyone yet!
They will do that soon so for now you can just go over their Discord Server and get all the info you need!   

They also respond also here if you have questions about the project. The name of the account is OrbitHQ. So you can also PM questions.

Thanks for the explanation, now I finally know how it works
That's almost like being at the casino, and I like going to the casino:-)

Yes, this article really helps to understand how gambling/betting with Orbit works. Is it correct, that joining a ring is comparable to buy a lottery ticket? The more often you buy into a ring, the higher your chances of winning are.

Its quite an unpredictable situation at the moment but the fact is, things are going in the right direction, especially with the globe coming to terms with the blockchain industry as of before, more and more people are coming in and more brand are seeking means to utilize the technology that comes with it, so i see things turning around pretty fast

So i guess buying into a ring is one of the most important aspect of orbit. Is there a speculation if the price of the ring will be fixed?

As far as I understood, the total prize is 10 ETH. More number of people participates, they have to bet less? Also chance of winning will be less in that case. Risk will be lower however.

Yeah. Explains a lot. 10Eth was just an illustration. There’s an unlimited betting opportunity on orbit rings. The more you bet the higher your chance of winning. But it’s capped at 75% of the ring.

yeah, right now, winning some free coin is a great way to get more coins, orbit have a great idea they should ensure they actualize it most especially right now that the market is bullish

Oh of course, it is so hard to make accurate predictions in this market. Cryptocurrency is the most volatile investment I have ever encountered. One day a cryptocurrency will be down 20% and no one will know the reason why. The next day it could be back up 30%! It does rely a lot on reaction to the news, for example, do you remember when Korean markets were removed from Coinmarketcap and it reduced the average value of cryptos on their platform. It then lead to people dumping their tokens because they thought their actual value had fallen that much, little did they know it was actually fake news! It's a crazy market!

It's because of speculation, it's like any other betting, the overall crypto market is still very small in comparison to say USD or EUR, so of course its volatile, it's to be expected, but since we're talking about gambling it's like having gambling with a side of extra gambling :)

Well said phantam. Almost nothing or no one is sure of anything in the crypto cycle no more. Just lots of speculations flying around here and there and everyone really hoping that it all comes to the price they wish.

its very funny that the at this moment people are still worried about the price of cryptocurrency when all they should be doing is evangelising the gospel of cryptocurrency mass adoption. what we need right now is mass adoption

Yeah, Another is I think we must avoid focusing about worrying those thing because it will not going to do anything good to us. What we must do to is read and find some good project like Orbit that will bring some good future to us,

Most people who do worry are mostly noobs who are not yet conversant with how the market wotks. I don't blame them though, it is not easy seeing your investment diminishing

What I need to do to participate in gambling at Orbit platform? Do I need to buy their tokens first and then it can used like poker chips?

May be that should be how things work as they are lauching their platform on ethereum smart contract!
How ever they should make a video on how things gonna work as investors would like to know how things gonna be before investing! 

Gambling comes with legal issues. And that’s going to scare some gamblers away. Although it’s anonymous but it’s wise to know the details.  What countries are restricted from participating in both the ICO and using the platform?
What’s the legal age to participate?

The information is good but having some confusion about examples which is they used in this article. I need to collect more information about it.

You are right. No one can predict anything specially, whenever you are in trading industries.

Cos that's where the world is heading to....
I discuss about this with a good friend of mine and we conclude that a lot of middlemen will be eliminated successfully if global mass adoption is fully achieved, so lets expect a lot of resistance from time to come

After reading the article posted by the team I have a better understanding of the project than before, its good to understand that users can create and set rules in a  ring.

I wonder if there are more gamblers in the world of cryptocurrencies. Because Orbit addresses exactly this clientele. Play more, win more. How to catch mice :-)

You are right, now it is a bit more clear how the betting scheme will work. I'm looking forward to the launch of the first ring.

I'm pretty sure there is demand for gambling on the blockchain. People love to gamble so I don't think crypto enthusiasts are an exception here. The only thing that bothers me a bit is that underaged people could become 'addicted' to gamble.

I think is a known fact that people are prone or attracted to the word gambling, that feeling you get when it seems like you will win with every click even when you are loosing, i will love to see how such is done in the blockchain industry because at the moment, there's no notable blockchain brand that is actually taking proper advantage of the gambling industry

Market is slowly changing it's color from red to Green. Psychologically, this will have huge impact in the minds of the people and more and more will turn up the crypto.

As long as we can start having continuous days of slow growth it's a great trend forward, and people will be looking to shore up their reserves of crypto as hodlers continue to increase their holdings, you just know their will be people who are anxious to use a project like this to gamble the chance at bigger amounts

That's an interesting anecdote. Gambling is one of the riskiest activities one can partake in but adding cryptocurrency makes it super risky. However, it adds to the excitement and this is what gamblers are looking for, the exhilaration of placing the bet and the anticipation of potentially winning a large sum of money.

That's how I also understand about their gambling. Instead of poker chips we must have some token of the project to play different casino or gambling games on their platform in the future.

With orbit, there is no limitation to the amount if money won. Awesome..other gambling Platforms set limit for highest payout. I hope Orbit sticks to this and not change in the future

So many positive comments, i try to use orbit and later i write comment too. I Hope this helps me make money  ;D

The fact is personally, not until eth cross the 300 usd mark or at least 250usd, I wouldn't say the market is rising cause we have seen similar movements like this few months ago and it just went back to being red. But one sure thing is the market haven't in anyway deterred real investors from taking the risk though

Yeah, ETH is trading below 250 since few weeks now,  it has to cross 400 to get investors confidence back. Bitcoin is not moving much,  but things should change in December hopefully.

ETH fallen a lot compare to other top currencies like Bitcoin.  I hope it goes up faster than the speed of which it went down. People were expecting 2000 USD per ETH.  But now I doubt it will break it all time high in next 6 month.

Great thing about having no participation limits, it means there is no limit to the amount of money that one can make, I only hope this project stays.

That’s the benefit of a Blockchain project. It’s unlimited. With gambling on Blockchain, you could make your bets and cash out with no limits. But you have to be careful, and check your limits.

If there's no limit it means that they one can be able to win 10 million dollars, will they be able to pay this kind of amount and won't it affect their business?

Yea, you're right and they should perhaps seek out means to curtail such by adding an age restriction on their site, even though it may do little to nothing as no one can restrict certain age limit from using a site unless it will involve them providing the addition of KYC but it will show the public that do care about the users.

Where did you get the article?
I'm eager to read some good things or plans the project is setting and realizing daily? I'm willing to invest but I've little knowledge of the project in its entirety

This is a good plan to take of the limitation and all that, but do they plan on securing a Player?
I mean if a person keeps  loosing the game then they has to be a option to limit the game for him!

Without KYC or something similar where you have to create an account and verify your age, there is no way how they can restrict underaged people from betting on their platform.

It's one of those things where if they want to be regulated they have to enforce KYC and checks, if they don't then whoever wants to bet can, regardless of age and considering age regulations are pretty much tied to the location wherever the business and customer are at

Cool. Awaiting your findings, likes and dislikes about the platform. Do spread the word to friends and family too..

woah, that's truly something to watch out for, once they come online a lot of users would want to try their lucks on winning good amount :D :D ;) ;)

as far as I understand, only parts of the deposited amounts are paid out as winnings. So there is no danger that profits will exceed Orbit's assets

Thats true if you win. It will solve our financial problems. At the same time we have to understand the risks as well. Nevertheless it is minimum amount you bet and willing to take risk.

Ya it’s still gambling always invest what you can afford to loose it’s not a get rich quick scheme definitly something people should think about giving it a shot with a bit of crypto

If the Eth will not going to go up atleast 300 usd before or after the year end I think investors will keep storing their Ethereum instead of investing it.

True fact. Really people will keep hold ETH if it's doesn't sustain above 300$. So in that case Orbit is offering option for FIAT currencies?

Exactly! Really hope they've tick to it and not change cause it may have a negative effect on them if they decide to change later on. It's best to start with a process and stick with it cause many people fear/dislike changes

Eth hasn't been stable in a while now. Options for Fiat currencies will be best for the platform and I like the fact Orbit is considering it

If we continue using. Fiat currencies then usage of Crypto currencies will not be possible in future. Based on the use cases ETH or Bitcoin will go up.

What happens in the case of bad employee or say manipulation of the system by some bad actors, what happen when a manipulated result is detected when a game is being carried on

That's the fact about Gambling! You make fortune or loose them all!
Don't Bet something you cant afford to loose! But considering the Psychology its really hard to control the greed!   

Gambling? we need some knowledge, some luck, some money, to win :). I never won when it comes to gambling. But I play for Fun. :)

I do play bet sometimes though but I  watch myself not to loose too much. Are gambling and betting the same thing or different?

This is a very reasonable question but seeing as it is a project built on the blockchain technology, I highly doubt that there can be any form of manipulation in games, seeing as it is peer to peer.

This is P2P gambling unlike other gambling that are around. It collects from all the users and gives it to the winner which makes things limitless.

In simple terms yes they're the same. I gamble from time to time, you've to have an insight on what your gambling on not just follow the trend else you'll simply dash out all your funds.

I am not entirely sure but wouldn't it be impossible for an extern to manipulate the odds in a private betting ring? I mean, unless there is no bug/exploit in the smart contract. But it would be great when someone from Orbit can answer this.

I am totally agree with you. But sometimes FIAT options will be great Idea to get funds from investors for ICO.

I do agree with you on that but like i stated, it will be nice for them to show their support on the need to keep underage off the site, it creates a positive feeling across the community and it may sound absurd but such can even help the brand in their quest of gaining confidence in the community, gambling can be painful and sweet at same time

I love that people want underage blocked, but also don't want KYC, the 2 go hand in hand especially if your one of the many that realize putting a checkmark on a site that says "yes im over 18" doesn't count as security lol

A good question. But is anyone from the team here in the forum active to answer the questions? I have not seen anyone for a long time

they are allowed to change the rules that's how it works but they will do it in a way that it is not obvious and i believe before that happens a lot of people might have won good sum of crypto

Hmmm. I never thought about that but I want to believe the team must a done a thorough examination of like outcomes and would be nice to direct this question towards them.

I think that’s the whole point of building the process into the smart contract that way it can be audited and take as much of the human element out of the gambling side of things

If it's fully automated system then I don't think anyone can manipulate the results. That's why I think people would love to play gambling at Orbit.

That will be good. Every users will going to be interested on their gambling platform because they are sure that they will going to have a fair and good play there.

Many people stay away from gambling just because of cheating or manipulation. Orbit supposed to be providing us manipulation free platform. 

Yeah, beauty of the blockchain does that! You can easily track the Gambling deal as its on blockchain and the identity will be hidden making it the best platform availabe!

I haven't tried gambling on a blockchain platform, from y'all description I'd like to try it out.

Yea, we know it will not stop the fact that underage will still get into the site and do the needful but its also logical for the team of orbit to take that step of preaching that underage is not allowed on their site, even though they can still bypass that with KYC and still do the needful, gambling is an attractive thing but can put you in tight corner you don't expect, more reason it should be left for the matured minds

yeah, same here, i think orbit would be my first and i expect to get lucky on my first trial. ;D :D :D ;) ;)

We should know that legally, gambling is not meant for people under the age of 18, be it on the Blockchain or wherever. The fact that people will check the box regardless doesn't mean that it's insignificant. It is legally significant  ;D

Only a few hours and we will see exactly what is ORBIT and how it will work. I'm curious how long it will take to complete the first ring. I think they attract a lot of gamblers.

Oh. Are they going to release their mvp application today? I think i missed the news. Anyway I pray they are able to deliver on what they are going to release.

Of course, KYC is the only way to prevent underaged from using Orbit and I am also someone who isn't a fan of all the KYC that is needed today. But we have to keep in mind that they could be legally obliged to check the age of people using their platform.

Looks like I signed in too late. You have to be in the top 100 and I'm on rank 137. That's what happens when you take too long. damn

What for? Is this any giveaway? Or is this for any mvp participation? Am I missing anything?

KYC helps to check the identity of persons on a site. But people still find a way to pass verification. That’s the aim of Blockchain. Am interested in how Orbit team would check this. Not all about the restrictions, but to prevent legal issues that comes with Gambling.

It’s good to see for the team to be getting so much attention so early it’s good that the team has been getting a good bit of attention this early hopefully it keeps growing

This psychology wants you to get back what you lost which is a trap in itself lmao
You'd want to play to recoup your loss only to loss more again
Gambling is fun and sometimes the opposite ways

On Blockchain the transactions are kept public. Not hidden unlike traditional gambling. With the transactions open, both the players and the firm can’t cheat.
But am thinking, how much of the gambling is going to be on Blockchain?
Would it be just the transactions and payments or the game too?

I don't see that specifically i'm hoping the entire process, i don't see why they wouldn't theirs so many ways that you could do really intersting things with a webui frontend tied to a smartcontract backend to handle and keep the process open fair and honest, hopefully thats the case

Yeah, There's really some gambling site that will let you win at first but after a few more wins you will notice that you're loosing because of their cheating system.

Usually anything gambling i don't trust, i have read about how gambling sites are designed to make people loose. But there's something different about orbit that will tempt me in trying it out.

Blockchain based technology, smart contract supposed to make this one good site for gambling. I don't know how other site manipulating things to make player lose.

Loooool this is so true, so many websites use the 'Are you over 18?' checkbox on their websites, I'm not sure this really counts as due diligence or KYC. We need to ensure that no one under 18 is using Orbit. A lot of young people have crypto, and this means they could easily go on to Orbit and gamble their crypto. It also covers Orbit because I'm sure they wouldn't want to let young people gamble on their site if they are not over the legal ages in their countries.

Why this is true only if they keep the transaction open which is not ideal, what happen to the issue of identity of players? players don't want their identity out there as it is extremely risky to allow

I don’t like legal issues. But Orbit team must have a plan. They should have made a strategy to determine the age of the players.
Btw I don’t think they need to do that. Blockchain gives acces to to your wildest dream with no limitations. It should be open to anyone who want to WIN with ORBIT.

Other Gambling website uses their own platform where they handles everything!
They van easily decide the Win and loss!
But in SmartContract it will happen automatically and every data with be open  to whole community! That way it'll rain safe!

I think they will eventually get growing. It is just a beginning in my opinion. They need to release more information including codes in gitbub, then this will reach every corners.

You're right, which is the wise thing to do, orbit is a decentralized gambling platform and as such can be easily accessible by all, well, we just have to belief that KYC will be implemented by the team to give them some sort of value and not look like a cheap site that don't care about such, little things matter in branding and they should do what will make them stand out  

I read a lot of information about this project.
To tell the truth, there are enough sources here.
because, I read a lot in particular on the site and in white paper.
It's also interesting to chat with participants in telegram.

What about you talking guy's? I think something I couldn't get it. Countdown also stopped on website but I didn't found exactly what happening.

D
Do you mean to say that they have their telegram channel and whitepaper also available? Could you give me link of both?

I suppose nobody knows what is going on with Orbit. The counter stopped and nothing happens. That is not a good start for Orbit.

What was supposed to happen once the countdown has expired? Did they plan to release the MVP by that time? Maybe there was some kind of unexpected delay. However, they should post an official statement asap.

like you said there is no need for ensuring the platform is for the adult because smart kids will still find their way around the barrier i will advise they work to ensure the platform is fair for all players

That’s what matter more. That the platform is fair to all. Orbit team can use An exclusion phrase in the terms and conditions Agreement to protect the platform.
Btw what the team plan for promotion of this platform?
I think some people may not know about ORBIt.

 I might try my hands on orbit, not scared of losing tho 8) 8)

I thought the game started at the end of the countdown. But as I see now, nothing has happened, you can only look at the rank you are currently on. But maybe the top 100 will see something else, because they seem to have to be achieved, and I'm just 137

I'm still trying to figure it out myself, they need to do a bit better it think explaining things with the site i've been saying that from the beginning the idea is very solid but they have to work on their information delivery as i think it could do with some improvements in my personal view

Looks like they will going to try some risk free and safe play on their platform even we really know that gambling is a very risky type of way making an investment.

They is an unbelievably huge market for gambling. It's a part of man that is found on everyone just that people have different levels of control over it.

A demo video will do just fine, they should put that into consideration.

A lot of people love video's, i am pretty sure they will attract a lot of investors in with just a video and in the future an MVP would be good too.

Yeah. It will be good to see demo video first. It will give idea how to do gambling at the site. I think we will see such video soon.

Agree. There is very little information available about this project for now. Hope team is working on creating more informative document such as whitepaper and videos.

Even I could not found the telegram channel and twitter link. I can see only discord channel available for the discussion.

 ‘ICO ARE DEAD. ORBIT IS YOUR NEXT 100X’
That’s all I can find on the website.
ICO still doing fine but doesn’t do 100x. orbit gambling could do 100x if the odd are on your side. But where can I find more information about ORBIT project?

Seems to be they have only discord and bitcointalk thread. I also didn't find any other social medias or whitepaper links. Or may be they still not updated yet.

Yeah they haven't organised the social channels and website yet neatly!
For now they are only available in Discord and quite Active as well! You can get any info you need from there for now!

But these bets on games, will only be in games that use Blockchain technology? Games like LOL, Dota or PUGB can use ORBIT as a betting mechanism?

Absolutely, videos speaks in length where there are lack of written words or information, I realize that some set of people learn and understand better when being explained to by someone they can see while there are those who understand better by reading. Orbit should target all sets.

Yea, they will surely find a way but the purpose of Orbit is to encourage the kids not to by stating their terms and conditions or perhaps KYC, though like i stated earlier, it won't stop them, between, is there any fee attached to the orbit platform?, like a transaction fee between gamblers because they must have an avenue to generate revenue

Time will tell how well they planned it out i think they are on to a really solid idea, and by moving gambling to the chain and offering an opportunity for some serious winnings i think that they will get a good response, i think people are worrying too much about the little things and not about the overall picture enough

Are there any news from Orbit? I just checked their website and it seems like nothing changed? The counter is still expired and nothing happened.

I don't think there is any casino in the world presently which allows unlimited bets and the opportunity for unlimited winnings. Orbit will be the first with this feature. The features of Orbit are unique to blockchain gambling.Also users while playing will be
interacting directly with the smart contract so bet cannot be censored.

It seems like they need to update their site. Did they say anything new in Discord ? They could hire me if they need help for the site :)

LOL, a nice offer I would hire you.  ;)
I have checked their Discord channel and there was no post or update for the last days. They should update the website and be more active in their Discord.

Gambling is a very old part of our society so I still believe the market is huge and what orbit is trying to do is certainly gonna pay off because a lot of people are in search of sharp and easy money :D

Yes, those two points are exactly the reason why I'm fixated on this project. I am bursting with excitement to see how gambling on blockchain will be like, at the same time, the opportunity to win big is endearing to me.

I do not think anyone likes legal issues! However, I do get your point, I'm sure they have the plans in place. What's going on with the website? Countdown is showing 0 days and there is no info on their Discord chat?

I think we will get more videos and updates from the team in a very short time. We just have to wait for that. Are they going for ICO?

A video is coming very very soon.

A video that’s awesome it’s so much better of a way to get the idea for the platform across. The sooner people understand the fundamentals the sooner they are willing to spend money

This is awesome but please provide some more informations about these project. But most exiting on these project is the gambling peer-to-peer. Some of coin holders are looking for gambling online using cryptocoins.