I requested a withdrawal 35 hours and it's still pending.
70 hours so far and still pending. No reply to my tickets. No reply from Zodiac. Sorry for your bad experience but have you tried to contact lightlord? Seems that Bitvest has a bit problem on filling the hotwallet lately. Probably there were to many withdrawal requests from player in the last few weeks as what experienced by febriyana more than a week ago. It is now weekend and probably both Zodiac and lightlord is on vacation but hopefully you'll withdrawal will be processed as soon as possible. Still pending and no reply to my tickets or anything. |
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I requested a withdrawal 35 hours and it's still pending.
70 hours so far and still pending. No reply to my tickets. No reply from Zodiac. |
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I requested a withdrawal 35 hours and it's still pending.
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So when is the dilution fee going to be implemented?
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1. investments get XP gradually, proportional to their wager - which depends on amount (share in bankroll) and time they are opened
2. investments get XP instantly, proportional to their initial value only. Let's say
I think the first point is evidently way more fair. It encourages investors to stay long term, helping you profit by increase the maximum profit each game has and therefore increasing how much is wagered and how much you make in fees out of investors (and also as an investor, I assume you own a big percentage of the bankrolls). If it's not practical to add points after each game or very frequently, you probably can do something approximate say once an hour, or a day. |
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This is exactly how we had it before, but it was hard to calculate and update how much each of the investment was "wagered". Maybe the reason was that I was trying to be really precise on calculating it. But that's why I am looking for a simpler solution without many rules, yet giving an adequate appreciation to investors. How were you calculating it? It can simply be wagered*that investor's bankroll/total bankroll, multiplied by some multiple (1 experience point per X BTC). Isn't it realistic to calculate that after every game? If not, maybe you can do something like daily wagered*that investor's average bankroll in the day/total average bankroll that day. The thing about the commission - various player benefits like faucet/rakeback/referral are mostly wager-based, but they also effectively lower house edge for players. What we are doing with wager-based commission is we make sure to take commission in a way to be able to pay these bonuses to players. In the long-term whether the commission is profit-based or wager-based should not matter, but from our perspective it's critical to have a system that is protected against short-time variations in site profit.
The current system is perfectly fine for me. |
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So I guess right now there are two takeaways,,, most people (including myself) would prefer a time-based XP from investment (like it was before), though I agree the XP majority portion should be from the balance itself. Secondly, maybe not everybody is happy with the 50% of house edge commission but as DarkStar points out, we get more things to attract gamblers like the rakeback, faucet, jackpot and wager, which all do not come out from investor bankroll. I think I am happy to stay at this but maybe, lower 50% slightly.
XP from investment should be based on wagered in relation to your bankroll, that encourages people to invest and leave their investment there, which is what the casino wants. |
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These signature campaign goblins are so tiring.
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how xp used to work is also better than being based on current invest because it used to reward people who invested longer. if someone invests 100 btc today the new system would give them the same benefit as the person who did it months ago. the old system also helped smaller guys since the xp built up over time instead of just staying stagnant
+1, I think the amount of XP given to investors should be based on how much they pay in fees (which is 50% of what is wagered*their investment/total bankroll). |
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OK, so the dilution fee and limited number of investments is a problem indeed, I was planning to solve it by allowing investors to merge individual investments. Or how about this: if you close one 1 BTC investment and one 0.2 BTC investment, you could open a 1.2 BTC investment without the dilution fee?
If one of the goals was to prevent people from divesting temporarily, the system you proposed wouldn't discourage divestments. |
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as for the dilution fee, i think it is good but there needs to be a change on investments. since there is no more margin, you should simply have an investment balance for each coin. the reason is because of people like me. i may have 1 btc today to invest and then next week get paid so now i can toss in another 0.2 btc, and so on. with a maximum of 10 investments total i either have to build up balances and invest or keep paying the dilution fee every time i want to increase my position (withdraw one of the investments and then invest that + new amount, paying dilution fee even on my previous investment). or it just forces me to invest the 10 times and not invest any further
instead, we should just have a balance for btc, for example, and be able to increase/decrease that as needed. this way we only pay the dilution on the new investments instead of repaying it on all old funds every time we increase
I don't really mind the dilution fee as long as I made a profit when I am withdrawing, maybe that could be implemented? I am not a coder so I don't know if its even possible but assuming people create so many things with coding, I am sure it could be tinkered with as well. If a person invested lets say 100 eth, and he has 97 eth right now and he wants to withdraw, do not ask for a fee, that would be a kick in the balls and they have already lost it instead of the casino paying from their pockets so investor should be reward by no fee at all. However if he has like 104+ eth, that means he made a profit and he could contribute a bit and you can ask for a fee there. I know you think just the house edge part that is left to you could be enough but fee does help out a lot when you combine all of them together. That would involve giving those 3 ETH back. Where would they come from? I don't like that idea nor see it realistic. |
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WTF happened to the bankroll? Months and months of investment profits wiped out.
Variance. |
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as for the dilution fee, i think it is good but there needs to be a change on investments. since there is no more margin, you should simply have an investment balance for each coin. the reason is because of people like me. i may have 1 btc today to invest and then next week get paid so now i can toss in another 0.2 btc, and so on. with a maximum of 10 investments total i either have to build up balances and invest or keep paying the dilution fee every time i want to increase my position (withdraw one of the investments and then invest that + new amount, paying dilution fee even on my previous investment). or it just forces me to invest the 10 times and not invest any further
instead, we should just have a balance for btc, for example, and be able to increase/decrease that as needed. this way we only pay the dilution on the new investments instead of repaying it on all old funds every time we increase
That's true, there should be some way to prevent that, like increasing the number of possible investments or whatever is technically possible and efficient. |
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1. Yep, there will be XP from investing, I know how to do this! The difference between the previous investment XP will be that now most likely XP will be added at the moment you open an investment and will be proportional to the value of the investment. Once an investment is closed, the XP from that investment will disappear. So investment XP will be proportional to the coins you have invested.
Just when we invest or as we generate investment fees for the casino (I think that makes more sense)? |
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Some player seems to be destroying the BTC bankroll.
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These signature campaign spammers are so annoying.
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4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?
I think the dilution fee is fair, it encourages people to invest long term, which gives stability to the casino in terms of maximum profit per game. It's also a small reward for those that trusted in your project earlier. |
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<snip>
It looks like there has been an uptick in signups over the past few months. It's hard to say whether that's due to people staying at home or just variance, though.
Would it be possible to have Dicesites data updated? https://dicesites.com/bustabitI think devans have nothing to do in Dicesites data to be updated, perhaps you can ask it to NLNico or go in this thread. ( https://bitcointalk.org/index.php?topic=877078.0) I think Devans mentioned that he had to send information to NLNico. I posted there too anyway. |
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Would it be possible to update Bustabit?
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week | signups
------------+---------
2019-09-30 | 1587
2019-10-07 | 1838
2019-10-14 | 1886
2019-10-21 | 1980
2019-10-28 | 1970
2019-11-04 | 2282
2019-11-11 | 2219
2019-11-18 | 2422
2019-11-25 | 2758
2019-12-02 | 2900
2019-12-09 | 2595
2019-12-16 | 2656
2019-12-23 | 2935
2019-12-30 | 2617
2020-01-06 | 2817
2020-01-13 | 2668
2020-01-20 | 3041
2020-01-27 | 2857
2020-02-03 | 3242
2020-02-10 | 3221
2020-02-17 | 3016
2020-02-24 | 3218
2020-03-02 | 2684
2020-03-09 | 2621
2020-03-16 | 2946
2020-03-23 | 3157
2020-03-30 | 3325
2020-04-06 | 3477 It looks like there has been an uptick in signups over the past few months. It's hard to say whether that's due to people staying at home or just variance, though. Would it be possible to have Dicesites data updated? https://dicesites.com/bustabit |
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