I'm sure there's lots of reasons for declining revenues, but here is my case, which I'm sure isn't a singular example. I am a publisher and an advertiser.
As a publisher, I have a higher traffic site where I display a-ads to earn money.
As an advertiser, I pay sites on the a-ads network to bring more traffic to my lower traffic site.
I used earnings from my higher traffic site to pay for advertising to draw more visitors to my lower traffic site. But after the big changes, my publisher earnings went way way down, so I didn't have the ability to keep paying as an advertiser anymore, even though I wanted to because the costs per impressions were very advantageous at the time.
If my publisher earnings from the higher traffic site were at the old rates, I would have more money to continue running ads through the a-ads system. But without the earnings, I cannot run the campaigns to my full wishes.
The earnings are likely related to how unique impressions are counted. I had to remove a-ads from a high-traffic site of mine for the same reason.
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i also let it auto bet a few rounds and den quit. mainly to earn that withdrawal fee so it is like fee withdrawal for me. usually i will also get a few more extra and use that to run for fun.
I do autobet and always lost i use martiangle X2 and raise 100% if lose, only 10 mintes my balance to 0 I think manual bets are always more profitable than autobets. Maybe it can be tired but I just feel and think like that. I can't believe I just read this. What could possibly make manual betting more profitable than automatic bets when they are exactly the same?
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cashed out and withdrawal was in my wallet within 12 hours. Well done Lucky Flop ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I really wish there was more cash game traffic. Hoping that will come in time, just keep doing your thing. I wish there was more play on micro-micro stakes, ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . I'm not much of a gambler, but like poker. So for me, 0.01/0.02 is where it's at (very limited risk). Hey, Just keep playing we get a pretty nice small crowd most of the time. The lowest stakes do also gain LuckyPoints, right? Some sites do rake on the lowest stakes, others don't.
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I haven't seen this addressed, I think the pool operating cost of 0.05 BTC / month is a lot and almost kills every incentive of running a pool. Please do something about it.
All you would need (with a 1% fee) is people using the pool to earn 5 BTC total throughout the month. I don't think it's that big of an issue.
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Signature Campaign. Good side earnings while you are busy at work. In my current campaign rules are not that strict and maximum post is easy to reach so even Im busy at work I can still lend time to do a signature campaign.
I do not know much about signature campaign. But I make some 100k Satoshi from faucets daily in my leisure time. I work on faucets daily some 1 hour. If you are good in choosing faucets, then faucets earning also would be nice. 100k satoshis per hour by faucets only? Even with a good faucet rotator it's kinda hard but anyways you are good. Keep up the good work. i agree on this statement seem little hard but if you can gather that much then you use faucet almost 24 hours Not really. He probably does ~10 faucets in a rotation and so spends a minute or so every hour hitting all of them. It's not that difficult. Even if he get's 100k satoshi in a hour (which is high for faucet pay). That is 2.5 USD or so for a hour of work. That is a LOT of work for a hour to make 2.5 USD. I could be wrong but I think pay is not enough to justify it. But i know there are some who would do it even at a very little price. It depends on where you're from. There are places that live like kings on $400 USD/month, with full-time maids and everything. That is on the high end of faucets though. Normally its cents per hour not dollars. But if you did get 2 dollars a hour. Yes that is 80 a 40 hour week, 320 dollars per month. But that would be a lot of luck I think most faucets will be paying far lower. But I could be wrong. I would love for someone to show a guide that proves dollars a hour that's repeatable. If you use a rotator, you can hit 20+ faucets in just a couple minutes (or even one minute). Just click -> captcha -> click -> captcha.
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snip I also want to point out that Coinbase is backed by tens of millions in investment dollars. I'm sure their investors wouldn't like it if they started arbitrarily screwing over their members. The investment is a long-term play, not a short one. And they're one of the few that are fully licensed for LEGAL transacting.
As far as us it's pretty safe to say they are the number one exchange at the current time. And you are right they are backed by big money. You could argue they have done the most to be legal as far as US exchanges. Yes it changes on what country you are in which works best for you. But I suggest everyone read their insurance. It is pretty impressive on the amount it covers. Make sure to use 2FA. But if you have to keep a hot wallet it is not bad. Not sure if it's the same now as I haven't had an issue, but wondering if they still have the massive delay on some transactions. I sent one in 2013 that took almost 48 hours to finally hit the network. Anymore I do a lot more mining then buying. But I did not have problems with them that I remember. Only thing I remember being a pain was gaining levels there. For activity and money the more the higher the level. At one point you can get instant for a certain amount. Others you wait days which is no fun but understandable. There are stock brokers that will allow you to purchase instantly, and I'd think that's along the lines of Bitcoin (i.e., once they have the stocks, they can't necessarily liquidate them at the cost they bought them for). Circle allows instant purchases, I believe.
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I meant the financial hit to you. Just with the low amount right now, I figured your fees aren't fully covering all costs yet.
That's right, but it still couldn't be defined as a "hit" when the overall trend is growth. We even intentionally paused our growth now before we move to a more powerful server and be ready to handle the growing number of impressions served by our new publishers. Our fee is too small to cover the costs yet right, but hopefully soon enough it will. Our highest priority though is to maintain a very good service for a low cost. Ahhh, got you. Well, so far it's been a great system, and I'm glad you're focusing on service before revenue. Just make sure it doesn't jeopardize the service (that's what I hate the most -- when something awesome disappears).
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That sounds more like a UI issue? Could show like popup "Game still running.. will divest after current games are finished" then "We divested 100 BTC. You still have x invested". And in addition there could be a "divest all" button that just gets all after current games finished. Etc. Pretty sure that's all possible. Or you don't mean that?
That'd work fine for a game like bustabit, but the more you generalize, the harder it gets. If a player gets disconnected say playing blackjack, they'd reasonably expect they can finish the game tomorrow, but that wait is a pretty hard sell for divestors. Anyway, I think it's a solvable problem and have played with several ways to do it. But it's not something I foresee adding to MP any time soon ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Do you happen to have any other unique games you are planning to make? With BAB's success, I think you could really make something else unique that catches on.
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...So far, every self-insured BTC business I've heard of has tanked and not followed through on their promises.
To my knowledge, Coinbase is the only BTC business that claims to have brought a third-party insurer onboard. Correct me if I am wrong. Third-party insurance, at least in China, is more of an issue of availability. Hard to get a insurance company that are savvy enough and interested enough; compounding the difficulty, the young age of the industry means that there most likely aren't any available model to calculate the risk. But we are in talks with insurance companies over possibility of insuring our Kangding mining facility against earthquake damage. Will post if there are any development. Circle and Xapo are also insured, and both are, I believe, done by a third party. I don't know about the other two. Only read the Coinbase release and think it is a bit sketchy - You don't get many details as to what kind of coverage the users will get in case of catastrophe - such as the percentage and the currency that it will be denominated. Even 100%, if Coinbase lose all its BTC, the price will drop substantially, covering the losses will cost much less than users' real losses, for lack of a better word. If you know more details, do please enlighten me. Actually, what you bring up is something I hadn't thought of: the real value. I'm not really sure how that's handled... it's definitely a good question to ask, though!
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cashed out and withdrawal was in my wallet within 12 hours. Well done Lucky Flop ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I really wish there was more cash game traffic. Hoping that will come in time, just keep doing your thing. I wish there was more play on micro-micro stakes, ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . I'm not much of a gambler, but like poker. So for me, 0.01/0.02 is where it's at (very limited risk).
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What does the success rate now means on their order page? Ir wasn't there before. Anyways, they seem to have removed any useful, step-by-step user guide on how to easily/best use their system, I don't know for whatever reason. Now I even don't dare to ask why they don't feature their fees structure on a prominent place. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I have no clue. Success rate doesn't seem to be accurate in my limited usage cases, as all orders have gone through at 20% (when it said 75% success rate). It's probably all-inclusive, though. And afaik, people from the U.S. have the highest success rate. Those from more exotic countries will be dragging down the % of success.
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In theory it is a somewhat possible by making the logic "if divest, keep investment till current games are finished, new games don't include divested amounts". There would be a bit of a problem of potentially offering a "too big max profit" on those "new games" that started while "current games" are not finished. But that shouldn't matter too much I think (it should be a small difference.) PRC did something like that when they had investor-backed BJ.
But I understand it's not the focus or priority atm and a lot of difficult work.
But how would you determine the amount? Let's say I have 100 BTC and that's 50% of the bankroll. I choose to divest, and the next game starts. Players lose 200 BTC. Did I just divest 100 of my 200 or all 200 of my 200?
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...So far, every self-insured BTC business I've heard of has tanked and not followed through on their promises.
To my knowledge, Coinbase is the only BTC business that claims to have brought a third-party insurer onboard. Correct me if I am wrong. Third-party insurance, at least in China, is more of an issue of availability. Hard to get a insurance company that are savvy enough and interested enough; compounding the difficulty, the young age of the industry means that there most likely aren't any available model to calculate the risk. But we are in talks with insurance companies over possibility of insuring our Kangding mining facility against earthquake damage. Will post if there are any development. Circle and Xapo are also insured, and both are, I believe, done by a third party.
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Following that, soon we will allow publishers the option of setting different CPM/CPC rates for different countries - and then (hopefully) the "market" will determine the going rates per country.
To me, this looks like a perfect solution. If you could add a list of the tiers (t1, t2, t3) and their average going price, that would help with bringing more advertisers as well.
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Signature Campaign. Good side earnings while you are busy at work. In my current campaign rules are not that strict and maximum post is easy to reach so even Im busy at work I can still lend time to do a signature campaign.
I do not know much about signature campaign. But I make some 100k Satoshi from faucets daily in my leisure time. I work on faucets daily some 1 hour. If you are good in choosing faucets, then faucets earning also would be nice. 100k satoshis per hour by faucets only? Even with a good faucet rotator it's kinda hard but anyways you are good. Keep up the good work. i agree on this statement seem little hard but if you can gather that much then you use faucet almost 24 hours Not really. He probably does ~10 faucets in a rotation and so spends a minute or so every hour hitting all of them. It's not that difficult. Even if he get's 100k satoshi in a hour (which is high for faucet pay). That is 2.5 USD or so for a hour of work. That is a LOT of work for a hour to make 2.5 USD. I could be wrong but I think pay is not enough to justify it. But i know there are some who would do it even at a very little price. It depends on where you're from. There are places that live like kings on $400 USD/month, with full-time maids and everything.
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It was a wonderful win for 5betLIGHTbro and remember Whitelime of Betoin Poker won 470 btc in the previous Million Dollar Sunday. The 13 hours that you see in the lobby screenshot is not the time of the tournament, but rather the time that the image was taken when the tournament ended. For example, now the lobby says 2 days 14 hours!
Ahh, wasn't aware of that. Do you know how long the tournament lasted?
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i also let it auto bet a few rounds and den quit. mainly to earn that withdrawal fee so it is like fee withdrawal for me. usually i will also get a few more extra and use that to run for fun.
I do autobet and always lost i use martiangle X2 and raise 100% if lose, only 10 mintes my balance to 0 Every time I auto-bet I get this weird gut feeling like I have a higher chance of losing.. So I almost never auto-bet and when I do it's only for a couple spins/rolls. There is zero difference. Your chances are exactly the same regardless of if you bet 100 times a second or once a month. The only difference is the once a month will take many years to bust since it takes longer to rack up bets. I know it's not a logical thought, like I said it's just a gut feeling that I get. No rhyme or reason to this, but I used to find some frightening loop-holes in code I've read so I'm just wary of my BTCIt'd be nice if more sites were like Bustabit (their source is open so anyone can see exactly what's happening and how). That would help keep this from being a concern.
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This site will never gain more popularity until you do a serious rehall of the software graphics. I'm disappointed.
I think I have some really good ideas if you are ever interested in long talks on a future project.. I could only wish I had time and money to create my vision that I bet would crush any competition in a matter of weeks to months.
Even possibly expanding to people who wouldn't normally use Bitcoin.
What's wrong with how the software looks? It's not much different from the tier 1 major networks.
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Coinbase is insured, though, which means if something happens, funds should be reimbursed. I'd think that trumps the privacy concerns.
But you relay in coinbase, what happens if they close your account or they have a downtime and you want to use the bitcoins? That is not a smart way. They do not close accounts for no reason. They have to remain legal so they are not considered a money laundering service, they have spent tons to stay legal or become legal. Most of the closed accounts I think I've read about (and its been a while since one I saw) were people who bought BTC then went straight to localbitcoins trying to sell it for higher, and repeating this action over and over... many times. As far as downtime you would be able to do nothing. But you will not find a lot of downtime. I remain with my statment it's a good service for a non-technical person. If someone is not capable of safely storing private key then it's a good option. Obviously some users are much more experienced, and can handle having private key. I also want to point out that Coinbase is backed by tens of millions in investment dollars. I'm sure their investors wouldn't like it if they started arbitrarily screwing over their members. The investment is a long-term play, not a short one. And they're one of the few that are fully licensed for LEGAL transacting. As far as us it's pretty safe to say they are the number one exchange at the current time. And you are right they are backed by big money. You could argue they have done the most to be legal as far as US exchanges. Yes it changes on what country you are in which works best for you. But I suggest everyone read their insurance. It is pretty impressive on the amount it covers. Make sure to use 2FA. But if you have to keep a hot wallet it is not bad. Not sure if it's the same now as I haven't had an issue, but wondering if they still have the massive delay on some transactions. I sent one in 2013 that took almost 48 hours to finally hit the network.
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The issue with BAB is that it's a volatile game, so it doesn't work too well with an atomic bankroll.
Sorry for a possibly dumb question, what does the "volatile" and "atomic" mean in this context? Atomic means it's updated constantly (i.e., a dice site updates their bankroll after every single roll). Volatile is in the sense that BAB will have massive up and down swings, but it's not atomic (rather than knowing how much is going to be lost on each roll, it's constantly changing. For example, what if there's 100 BTC invested, and someone makes a bet of 1 BTC and then uninvests his 50 BTC and wins 10?).
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