If you aren't an expert trader with experience I recommend to hold because there are almost zero chances to lose the capital in this way.
Well, up to a certain point. I don't recommend being a total pig about it and never selling anything. I always take some profit when I'm up big, otherwise I'm kicking myself on the way down. An easier and less risky way to increase the capital could be achieved estimating the next peak (looking at previous bubbles) and selling an increasing % of your btc savings when it cross your price. Estimating the next peak is easier said than done; when the price was at 10$ a year and a half ago will you consider 50 100 or 300$ the peak? The peak in 2014 was 1150$.. |
|
|
|
|
When there is a thread when will Bitcoin reach x USD you have the members answer never, those answering within a few months or a very specific date but I don't see many arguments
I think the price will reach 50,000$ when the FED will make it clear to the market that it is going to print like there is no tomorrow to make everyone whole in depreciating dollar
|
|
|
|
I bought a lot of PPC. Everyone who feels hatred towards me, should dump all their PPC to hurt me.
Since you seem to be a troll, how could we rely upon anything that you say? For example, you may be providing misinformation. I had my say. Now it's your turn to do whatever you think is best. Lol, ignore it is. And I already sold my PPC for BTC when PPC peaked. At various points over the last 7 month, i have made various fairly small purchases of alt coins through BTC-e. In total, I bought about 2.5 BTC worth of the 7 alt coins that are listed on BTC e. I have just waited, and hoped that they would go up, and each one of them has performed much worse than BTC. Currently, if I were to cash all of them out, I would probably get a little less than 1 BTC. After witnessing this depreciation, I was thinking that I would wait for the next boom in BTC prices and then see if the various alts will appreciate along with BTC or appreciate at a higher rate than BTC, at a certain point. Then I would cash out as a whole at the time that the Alts appreciate higher than BTC. Given the proliferation of a large number of other alts, I am beginning to have my doubts that the ones listed on BTC e are going to go through any kind of considerable appreciation phase. Accordingly, fairly frequently, in recent days, I have been thinking that maybe, just maybe it would be better to just cut my losses on these various alts. On the other hand, I could just HODL all of them, in the rare event that one of them may take off and become the silver to BTC's gold,,,,,, HM? what a dilemma!!! I think a lot of members had similar experiences; sometimes it feels like alt-coins price either fall or go x20 this "stabilisation" period could be good but it could also mean weak hands maybe sell their stacks caused by fear of low volume
Boredom before we move up again is no bad thing. Once the price moves back up towards 800 we are off to the races. The price was ludicrously oversold with the bear fud rubbish permeating everywhere. Not surprising after doubling that bitcoin will wait and draw breath before launching  800 feels very near |
|
|
|
|
Used the service for a first bet on Rolland Garros
|
|
|
|
only time will tell if it's a true money or not.
It is a store of value and a very convenient and secure mean of exchange that cannot be printed to death by politicians interested in being re-elected and controlling other at the price of war and dispair |
|
|
|
Whens the next one ?
Probably not before an other 2months |
|
|
|
Lately i've been doing some email marketing, not so much.
I don't want to put great effort on increasing traffic yet , due to the faucet section: sometimes the withdrawals i have to send from the faucet overcome the income i get.
Increasing traffic now is a gamble: it could bring more gain (ads) or more losses (faucet)...
so when i've finished making the right adjustments to my business model i can invest more in promoting the site.
You could give less to the faucet Not an option, i would not be competitive with the other faucets. Maybe i could add a skill game where faucet users bet a part of the balance and battle each other to win the pot. Like poker or darts. I would take a small fee for each match, so that if many people play the game, i would in fact give less money to the faucet without lowering the dispense  The problem here is faucet visitors are all very poor people, they only want to take money and neither to bet nor purchase stuff (like mining contracts, etc.). Ask holdajaa, he placed a referral banner on StealThePixels for a BTC slot machine site, and people clicked but didn't place bets on the slot machine so he got no commission! He changed that banner after 2 days. I'm pretty sure i would waste time developing a game like that If you change the faucet into a skilled game that require real bitcoins betting you may attract new clients |
|
|
|
^ +1
Si tu trouves ça tellement inquiétant vends tes coins, ton mineur, ne viens plus ici et arrête de t'inquiéter.
Haha, OP n'a pas l'air d'être resté très actif sur le forum mais le prix est revenu proche de 700$ et le sentiment est excellent donc on aura peut-être un été avec un prix qui se rapproche ou dépasse 1000$ à moins qu'il faille attendre l'automne pour cela Je constate que depuis 3mois le prix fait une percée à la hausse ou à la baisse puis reste très stable sur le nouveau prix |
|
|
|
I don't find faucets and giveaways an effective way to earn bitcoin. The best ways are to offer goods and services in exchange for bitcoin. Have anything you would normally flip on eBay or the like? Sell it here in the marketplace for some coin! The most effective way is to sell something expensive or use your savings to buy some The most effective way of acquiring bitcoins is the same as acquiring any other currency. There's no free money. This. No matter whether you consider bitcoin as money or property, you won't get "money" or "property" for free. When you want something of value, you need to exchange something else of value to get it : work, property, overvalued fiat |
|
|
|
fucking scammers.
bad loosers  he must be the one who invested into the LTC house lol  The site has been up for 8months which doesn't mean it will not shut down but it is safer than a 1month old website; apparently investors in the bitcoins roll have made a nice return so far; I still find it weird that there are 3 different casino edge |
|
|
|
I see only one big risk. Question is or this site owner is legit and responsibility people and not run with all bitcoins one day. If not, I dont see any risk cos project is much more than good and peoples time to time find this and will invest. I thinking about my similar site If people invest less which will happen, the share price will go down |
|
|
|
This is a great list. Really instructive as to what works and what does not in bitcoin casinos.
I think that sorting by $$$ wagered is more meaningful than by number of bets though.
I agree with you, OP is showing the $$$ wagered but still like to list by number of bets |
|
|
|
Someone who calls himself Theymos lost 500BTC on JD an hour ago, he must think JD is the best
Both JD and PD have 1% edge and able 200BTC bets
PD have maxbet+profit=40btc. So that big high rollers go to jd for that. 40BTC is a lot, you can lose hundreds of BTC easily It is very hard to find the info on the website or the bitcointalk thread, can you link me to the page that states the PD max bet please? Yeah i dont think u can find official info on that. But im a mod on PD so trust me on that. . Its bet+profit=40btc max So a high roller would just notice that its bet is refused if he tries to win more than 40BTC? It seems weird, you would think the info was public Yes. And it is public u will get that info in chat. On pd3 i think that limit will be raised. It is weird not to clearly say on the front page or FAQ how much it is so players can know how much they can win |
|
|
|
Thanks for all the information guys. I have much to learn and even more work to acquire enough bit coin to make it worthwhile. I do appreciate the time you guys have taken to explain in some more detail. I did reach one whole bit coin today finally so that is a start.  That is a pittance compared to most people but I started from scratch in March and built it up using faucets and then small investments so I feel kind of proud of it. Just a warning about the swing trading. It is easy to see the patterns, it is easy to see the frequency of the swings happening, connect it to the theoretical exponential baseline afterwards. It is much more difficult to know in real time, that is when you need to know if you trade. You stare at the curve, you think you see it flatten out, expect a reversion - then suddenly, it continues. It is easy to see now that selling at 1000 and buying at 500 would double your amount of coins. But what if you sold at 400, believing that was the top? Then waited too long to buy back, because you believed 340 was not the bottom? You could end up coinless. Trading means sometimes being in, sometimes out. It was said just a few posts ago, the expectation is so good, the highest risk is to be out. You can be in all the time and get your reward. That is, if you believe in bitcoin. There is a risk in trading, the very skilled will win and the other will probably lose if they don't get lucky; to be skilled you have to be connected to the market and to have experienced trading before http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months. The world just isn't going to be the same and we have been blessed as the pioneers. What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? Bitcoin can go no where but up at this point The FED is printing like there is no tomorrow, the debts are getting bigger and bigger in the western world and the banks are still kind of careless |
|
|
|
Ed is gone. He told 1DiCe1 he had to investigate bets because investors could not believe the deviation. He also told 1DiCe1 that no seeds were leaked and implied without stating that her betting was legit and he just needed to make investors happy.
What he told them, I don't know. Maybe they can contribute to this thread..?
All of a sudden he's in bad health and out of town, which is believed (proven?) to be in China, but still logging in to forum and skype for time to time. No more communication added.
If I were to make a guess, he's still very active in the forum with (one of) his alt(s), and running other businesses atm.
Lastly, where's P-4747 that pulled out ~50btc during ddosing at the last moments of the site? Ever thought about this player and why that ddos attack?
I though about it but who knows? ED was implying it may be 1Dice1 and it is weird that an other new player wins huge after 1Dice1's wins "after new player P-4747 won additional ~50 BTC (so far P-4747 has not contacted us)." : I don't think they sent him his winnings |
|
|
|
You will see 10-15 consecutive losses a hell of a lot more than 10-15 consecutive wins.
Edit: I think I just figured out why that would be. If you get 24 steps through a long winning streak, you don't stop playing. If you get 24 steps through a long losing streak, you may well be bust if you're doubling on every loss, and so you stop playing and the rest of the streak never happens. My analysis also ignored bets of 0 BTC, so if you got part way through your long losing streak, ran out of coins, and then bet 0 over and over just to see how long the streak was, it wouldn't show up in my count. Are you sure? It feels a bit weird since when you keep playing you still have more chance to lose each time you play than to win |
|
|
|
That would explain why I thought a whale died or something when the bankroll went up 2.1% over the last 4 days Although if Theymos was actually gambling his donations that would be one way of giving back  It is obviously not the real Theymos If he was betting he would use a nickname The bitcointalk cold wallet addresses can be checked for balance |
|
|
|
I tried to enroll to this campaign couple days ago. I posted my enrollment post and waited. And guess what? Nothing happened. No confirmation, no refusal either. Maybe it is good trusty campaign, but they some serious communication problems.
You should PM OP and keep us udpate; there is always a risk involved in participating in a new campaign compared to advertising a trusted website Good luck |
|
|
|
Good to see some old faces back in the campaign! 1 week till payouts. We will hopefully have our new system set up by then which will allow us to automate payments weekly What about the old faces who stood by you, flying the PrimeDice flag while the others swanned off to Ritz and UpDown for a higher pay day? Haha. Weekly is cool, I guess this also allows you to implement a much more dynamic rates system that you can tweak to the competition. It works out best for everybody. It is more work for the website that has to pay every week; being paid every month suits me at the moment; a month or two ago I would have prefer every week |
|
|
|
Just to clarify, I do not ban users who use bots in the Multiply game, however people who use bots for the Free play will have their accounts deleted.
Thanks for the clarification Can you tell us the next improvements you will make? I know you have a few in mind because you always do |
|
|
|
|
Show Posts
