698BTC wagered but profit is 15BTC and 4.2BTC Which one is the bankroll profit? 4.2BTC I guess so what is 15?
698BTC - is a total wagered of the website for the whole time, including the games of the competition's participants. It was a surprise for us as well to get such wagered from the games of the competition's participants, from now we exclude them from the game statistics. 15BTC and 4.2BTC - these are the Profit wagered for the whole time and the monthly bankroll, respectively. Monthly bankroll? What does that mean? I still didn't understand I think it is weird to give more btc to those who won the most I would give the prizes to those who bet the most This overall profit site that is updated in real time, it may decrease or increase, now it is very big, because it takes into account the game participants, our programmer to fix them all, and this error will display correctly Oh ok, I don't understand the stats they are changing everyday and they don't seem to make that much sense Max bet is not displayed Money invested in the site doesn't change each bet when it should I agree, why is it now it state only 88 btc wagered? I saw the profit on the right site jumps 10 to 30 then back to 10 just in one day period. What is exacly the total profits for investors? the left profit at this time 3.95 btc, am i correct? so i am not the only one that finds it weird i think the profit and amount wagered reset every once in a while but that doesn't say when and why there are two profits numbers I've already written why WAGERED and the right PROFIT columns display such large sums of money - such numbers are displayed because of the competition's participants. All their games were included into the statistics by mistake, and they were playing with large sums of money. Our tech support is working on fixing this problem, so WAGERED and the right PROFIT columns wouldn't s inlcude the games results of the competition's participants. Speaking about the statistics, the left PROFIT column displays the clean profit of the investor at the moment while his investment is involved. If the investor withdraws the investment money, the profit is also reduced. The right PROFIT column displays the profit gained by the site for the whole time, its formula is Profit = winers - lose. This number constantly changes, depending on the games results. Ok and how often the amount invested and the profit are updated because they don't change immediatly when someone loses or bet which is confusing as well
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Do you really think that you should have shared with us your thoughts? Are you kidding, trolling, or just frustrating that you have too little posts and too low an activity to post for money? Kath has a point : sometimes, especially on this thread you feel people wouldn't have post if it wasn't to increase their post count On the other threads, most posts from people that are in a sig deal are informative and the incentive of getting paid plays a role but it doesn't mean they are spamming or posting unrelated posts; it is hard to know, you see a lot of bad posts from people that are not in a sig deal; when you are in a sig deal you are afraid of posting something too short or uninformative because you could lose your deal I don't think it makes much sense, and especially on this thread, "because you could lose your deal" (i.e. get caught spamming by Stunna). If you wanted to discharge a lot of bad or unrelated posts (to up your post count), you would obviously do so elsewhere... You would think so but I have find that there may be more spamming here than in the average thread meaning that people repeat over and over again the same thing and give their mild opinions on the sig deals as soon as they get a chance to do so Anyway, Stunna has to decide who is spamming or not at the end and the real spamming is from a small minority of the members
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No one can predict the market.May be up or may be down.
Everyone can predict the market and it may not go up or down, just the exact same value... We can speculate and we can analyse trends, sentiment and fundamentals to have an opinion even if it can indeed go up and done and if no one can predict precisely what will happen
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You probably make around 100BTC/month net from your fees so may not "need" to run away and create more troubles to yourself.. Can you disclose if you are invested in the bankroll yourself? How much? The casino offers a nice rate of return but it is illegal in my jurisdiction so i will wait until i live in a jurisdiction where i can invest in btc casinos He doesn't make that much, just look at wagered per day and multiply per 0.001 to estimate his expected profit. That's what I did, recalculate it to tell me your result Also, don't forget that even if I am honest, there's still the chance that armed bandits (freelance or the kind with badges) turn up at my door and demand the bankroll. So don't risk more than you can afford to lose, and I'll do my best to take good care of it.
Hence the emergency withdrawal address. Sure, but it only works in some situations: if doog is kidnapped or arrested he likely doesn't have access to the cold wallet. Actually there's one way he could have an online/automatic emergency withdrawal from the cold wallet without exposing the cold wallet itself: building and not transmitting a transaction sending out the whole cold wallet content, and if emergency occurs, broadcasting that transaction. That transaction would have to be updated every time the contents of the cold wallet changes, and it obviously wouldn't include any recent changes. He can set up a scrypt on a server that will send all the funds to the emergency withdraw addresses if he doesn't update the website for a certain amount of time-like 2weeks + doesn't log in on the website, something along those lines
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Its really great, I feel he spent small quantity of BTC
It seems like he didn't spend any of the public BTC he has! Is he dead? Does he find unethical to use any of this coins? Is he waiting for the coin to have more value? (doubt it)
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we broke below a very important price support recently ($530). if you look at the price history in the past 5 months, the only times we fell under this level were during brief flash panics that were immediately bought back up into the $600s range (immediate post-bubble recovery, and then mtgox panic sell). price action below this support for the length of time that we've seen has gotten everybody spooked about a real bear market ahead. also, most weak hands that have already sold are looking to buy lower. HODLers are simply HODLing, and bought the bitcoins they wanted at these "cheap" prices already during the consolidation. therefore there is little buying pressure left, so we're floating downward on low volume.
--arepo
Nice analyse but the good fundamentals are still here so we can plan on spiking up again at some point, there are probably A LOT of cash sitting in the exchanges and some cash coming to the exchanges that will buy back when they think we are going up again It may take a while before we are resuming the bull market tough
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CryptoMETH me plait bien lol
Voilà la seule qui à un intérêt, celui de résumer le désintérêt de toutes les autres : http://youtu.be/1eU2INYe4gkT'as pas compris ? Tu mines, tu vends ;-) Contre quoi ? De bon bitcoin. Voilà tout Mais qui achète Peut-être des gens qui ont bcp de bitcoins et qui veulent diversifier et ne pas rater l'altcoin qui va réussir
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Bitcoin in free fall, best time to sell high and buy low later. No real buy support tested unless a news comes in, 200$ expected soon
Don't you think you are a bit overdoing it? 200$ soon really? Give more explanations than no real buy support; each time someone is trying to sell he finds a buyer We are clearly going down but there is plenty of support and there will be plenty more if we go even lower; except if there is more bad news
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What is the difference between dice @ 1 2 or 3% edge, why would someone play at 3% house edge if he can play @ 1% house edge?
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I don't think they can have that many bets, they are probably having bots betting on the website but they are overdoing it
I don't see an option to invest on the website though
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fud from china, usa and maybe excess mtgox loot being turned into fiat
That and the price going down pushing the price further down bc traders play the trend and people panic sell or sell in hope to buy cheaper
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For a given country's population, if the share of bitcoiners was the same in every country, Americans would only make 5% of all transactions. On the other hand, if using bitcoin is relative to the available wealth, the U.S. will keep on dominating bitcoin for many more years.
They have a head start so they will fare well in the coming year in terms of BTC holdings Bitcoin will really take off when the fiat currencies will show their weaknesses, most still think the USD is undestroyable
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Do you really think that you should have shared with us your thoughts? Are you kidding, trolling, or just frustrating that you have too little posts and too low an activity to post for money? Kath has a point : sometimes, especially on this thread you feel people wouldn't have post if it wasn't to increase their post count On the other threads, most posts from people that are in a sig deal are informative and the incentive of getting paid plays a role but it doesn't mean they are spamming or posting unrelated posts; it is hard to know, you see a lot of bad posts from people that are not in a sig deal; when you are in a sig deal you are afraid of posting something too short or uninformative because you could lose your deal
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You need to find yourself some high rollers ! I've been away forever yet no one has topped any of my bets !
In 3 more weeks I'll be on top of the leaderboard! omg you have really great luck!! Very nice roll FUR11, congratulations, it must have feel pretty good Can't wait to see some competition or promotion on the website like the 0.001/hour we had
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I like Wolf of Wall Street. Too much profanity and total nudity in the movie actually distracts me from the way the story intends to go. I can't seem to get past it and lose interest. Such a waste to destroy what could have been a really good film otherwise. Some profanity but not that much nudity as far as I remember, I wasn't shocked by it anyway; I knew I was going to see some profanity so I wasn't surprised I liked the movie very much, it is very close to the book; I liked both books from Jordan Belfort; you can see Jordan Belfort playing at the end of the movie
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Very interesting thanks, I don't know what to do with the informations but it was an entertaining read and I feel it is useful somehow
It makes me think of the fact that we are all breathing everyday atoms that were breath by Julius Caesars 2000years ago
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Here's a better question. Why did it rise 100$'s in the past few months? The answer to that, most people claim, is 'because China'.
Now there are 'rumours' that PBOC is going to try and close Mainland-based crypto exchanges by getting rid of their bank accounts. Rumours have circulated about this kind of action before, but officials later denied them. However, this time - no denial. It is also widely expected to be true, and is certainly believable.
'So what? Bitcoin is decentralised, that's the whole point! China can't just ban it!' This might be true in places like Europe. But China is different, and there are a number of differences. Some are easier to quantify than others. I live in Hongkong, and work with a lot of Chinese (that is, mainland Chinese) people. Some differences that are easy to talk about are in the exchanges and businesses based in China. The Chinese RMB is not fully convertible, you'll struggle to hedge against it and if you wanted to expose yourself to even a relatively small amount (in finance terms) you may find you simply cannot. Take a look at the usual derivatives, and see if you can expose yourself to more than a few million RMB. So having a local bank account, and being a true local company, is important in China financially, which is why the news that the powers-that-be in China closing/forbidding exchanges having bank accounts is much bigger news than it would be elsewhere. Linked to this is the long list of rules and regulations (many unwritten) associated with doing business in China. It's just not the same as it is elsewhere, you can't just get round rules so easily there. It is a hard place to do business, if the officials don't want you do business then it becomes very very hard.
Also, many of the differences are in the way people make decisions. China is much more immature than the west when it comes to trust (generally, but especially online transactions). Online shopping is rare for expensive items besides one or two large retailers. Unlike in Europe, there is much less recourse for a transaction going bad if you buy from a little known seller online. If there are no local exchanges, that will have a significant impact on how Chinese people view the currency and how willing they are to be involved with it. The internet maybe global but the Chinese internet is quite self-contained.
On the other hand, what kind of people in China want to keep assets in bitcoin? Speculators? Or people who want to hide assets? This goes back to the first line of my reply, why did it rise so much and if people are correct in claiming 'China' then who in China and why. Answer that and you will have a better understanding of why it has fallen as much as it has, why it hasn't fallen more and how much further it has to fall.
It is a very interesting post, thank you for your insight on China There is a lot of emotion in the market and I think BTC is oversold because 480USD is only twice the price of 11months when so many businesses are accepting Bitcoin and so many are starting to save a little bit in BTC compared to a year ago but the main reason it is oversold is that the US and Europe are monetizing their date which will create massive inflation, huge losses for people saving in fiat so Bitcoin will look that much more appealing to everyone, especially when the financial sector and the whole economy will suffer from the Central bankers actions
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You are asking about our Bitcoin related websites I guess, I am mostly on Bitcointalk, you get to know all the other websites from this one
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Here comes the big crash, followed by the big climb. At least... I sure ****ing hope so! I am amazed as how everyone in this post is just thinking about the big spike up in price that will follow the crash Let's see how low we go first and if this crash is announcing a bad news that people in the know are selling
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