What The? Why? If people want to get out now they will be selling at a huuuge loss...
Better to sell now than to sell at 0. This is such a fuckup I am going to lose so much.
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What will happen to the shares and all?
At the moment there's a chance they cease to exist.
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We really need someone to call Ken up now to clarify, what's going on? Can we move over to bitfunder?
Yeah I am kind of panicking.
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Ken please reply, are all BTCT.co shares moving to bitfunder? Please reply urgent
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I don't think that was to be taken seriously.. he was obviously joking
Everyone is so serious and tense in this thread...
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Edit: Just checked it out. Nice, it's an Amway-style betting ponzi scheme.
Haha +1 about the Amway part. I had real life friends turn Amway, it wasn't pretty.
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The whole thing is poorly written, but at least it includes a link to the ranking page so people can see for themselves.
Lets just hope they don't fall off the top 25 teams.
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I figured this would be one reason not to have a stop-loss feature. Maybe it's even a good one, I'm hardly qualified to say. But wouldn't those investors who are willing to take higher variance reap more profits from the whales anyway, if all the scared investors were auto-divested almost immediately when high variance shows up?
You make a good point.
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Has a stop-loss feature been discussed before? Surely I'm not the only investor who has doubts about being exposed to this kind of variance, especially just after big losses. Why not have a user-settable investment threshold, and if a user's investment falls below that level they'd be auto-divested?
I take the viewpoint that too many people are invested anyway. People who want a safe investment should go elsewhere (Don't want to sound mean, but making JD safer for investors is a little odd, its a casino after all). Remember one day Nakowa will lose if he continues to play, and on that day you want to be invested.
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Not a welcome sight for investors. This illustrates how one whale can dominate the action and skew the stats with just a handful of significant bets.
Well the problem is that we only have one real whale, and its this guy. All these little bets that happen everyday, 1 Nakowa bet just overshadows an entire day of normal betting. Remember about half the amount of bitcoin wagered on this site is Nakowa.
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lets-dice crashes most browsers when you just open that site.
Well I guess we can hope it continues to crash because the last thing we need after his latest win is for all the gamblers to leave Just-Dice...
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This is Nakowa's site. He's taking down doog's to uplift his own.
Nakowa owns lets-dice, one of the nicest looking dice sites out there. Why would he bother with this unoriginal chinese clone?
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given that dooglus should have site profits of ten million btc by now
ten thousand bitcoin. :p but is struggling to hold 2000
Have you seen recently, site profit is negative right now.
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Looks like towtoad got angry, past few days he just won the entire 6400 bitcoin profit Just-Dice had been making for the past month.
Add that to the 4500 he won ages ago he is now over 10,000 bitcoin up.
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Nakowa is now at least 10,000 bitcoin up. Incredible.
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Magic moment: The prices on BTCT & Bitfunder crossed streams @ 0.00167!1!
Can you explain that? Is this natural or market manipulation?
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It all boils down to whether this hash rate will increase in the next few days or not... someone could have bought Avalons bla bla bla, but would be extremely hard to do that all the way to 50TH/s...
If they can get the hash rate past 5TH/s...
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With BTC900 you wouldn't have to work again. Why stay on the Bitcoin forums? I would go to Argentina and live like a millionaire screaming "fuck the world"!
LOL since when is 900 BTC an amount you can retire on? you would only be able to live that way for a fraction of time, a million is alot less than what it used to be considering this past year we have had more millionaires than any previous year before this, Well that and the fact that 900 bitcoin is an order of magnitude away from a million dollars.
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With BTC900 you wouldn't have to work again. Why stay on the Bitcoin forums? I would go to Argentina and live like a millionaire screaming "fuck the world"!
900 Bitcoin is not that much, nothing to sniff at but programmers and engineers here are earning that much easily and more per year. I certainly would not risk my freedom for a mid-range 1 year engineers salary. now 9000 Bitcoin, thats worth screwing people over.
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