They are the overall profit per week, from staking and bankrolling combined, and after commission. ie. they are the actual net gains realised each week.

Note that the "100x" investor started at 100x, but hasn't changed his offsite amount at all. He started off with 1000 CLAMs onsite and 99k CLAMs offsite, for a 100x multiplier. As of right now his 1000 CLAMs onsite has grown to 1491, and his offsite amount is still 99k, so now his multiplier is only 67.4x

I just visited your site to see how you present the list of 666 different coins. I only see the usual list of 20 or 30 coins in the menu. Where are the rest?

And when I select CLAM -> BTC it doesn't show me the price. It keeps showing the LTC price, even if I wait for the animated bar thing to fill up a few times. There's a 404 error in the console, and some text about it having loaded the development version of the page. Not sure if relevant:



Edit: oh, 666 *pairs*. That's just 37 coins then (37*36/2 = 666). "now able to allow trading between ALL coins" is misleading. There are more than 37 coins. There are more like 666 of them... I guess you mean "allow trading between all 37 supported coins" - that would be much clearer.

Edit2: the menu does indeed list 37 coins, but https://shapeshift.io/about only lists the fee for 32 of them (BTC, BLK, BTCD, CLAM, DASH, DGB, DOGE, FTC, GEMZ, LTC, MSC, MINT, NMC, NXT, NVC, NBT, POT, PPC, QRK, RDD, XRP, START, SJCX, SDC, SWARM, UNO, XMR, XCP, VRC, BTS, BitUSD, USDT).

You're playing 3 CLAM per day for an ad on Just-Dice.com that takes people to https://shapeshift.io/new.html when they click.

However that URL just displays an error message: "Cannot GET /new.html".

If I understand correctly, you are saying that the very worst thing that can happen when trading forex is that you make 20% profit per month.

Is that what you are saying?

Because I can imagine maybe making only 10% in a month, or even making a loss.

How can you be so sure that 20% profit is the worst that can ever happen?

20% per month is an amazing return. If you are able to reliably make 20% every month, you don't need investors. You can double your money every year. But instead you decide to borrow money at over 20% per month interest rate and so end up making a loss when anyone else would be making huge profits.

I worry that you haven't thought this through fully...

... and this makes me suspicious of your motives...

CLAM-ception.

True that. Lots of large trades happen on an ad hoc basis in the Just-Dice chat tab. Understandably, some people don't want to leave large amounts of CLAM on the exchanges where they lose out on the opportunity to profit from staking, and so there's little apparently sell pressure, making the market depth chart look unbalanced. I suspect that there is a lot of "invisible" sell pressure waiting for buy orders.

Good point. But it's the only method of price discovery we have.

What was the problem? Is there anything I can do to help prevent it happening again?

I'm not familiar with PPC, but I expect it's the same as CLAM in this respect. The client doesn't attempt to merge outputs belonging to different keys, but it will accept it when others do so. So you can unilaterally modify your client to do it, and your peers won't mind.

Poloniex don't stake their wallet. I've made large deposits and watched them site idle for days, when they would almost certainly have staked many times in that period if the wallet was being staked.

I don't know why they don't. If they staked their wallets and gave a share of the rewards to whoever holds the CLAM balances, that would give them a competitive advantage over the other altcoin exchanges. They seem to be losing ground to cryptsy according to coinmarketcap.com/currencies/clams/#markets - when I looked a couple of weeks ago poloniex had 98% of the recent volume, with bittrex and cryptsy having less than 1% each. Now they're down to 72% which cryptsy at 18%. And not staking is really just throwing away free money.

But it's removing bloat, in the form of unspent transaction outputs. It leaves a bunch of spent dust, which presumably in the future will be prunable. Unspent outputs sticking around forever aren't prunable.

There should be fees for creating dust, not for tidying it up.

Edit: as for the lack of fees, fees are paid to whoever stakes the block - so I'd be paying myself...

I just noticed I left my experimental staking code running since I posted that. It has created thousands of ugly multi-input multi-output staking transactions. So much so that the address I was using jumped to #4 in the CLAM rich-list. Ugh. I've now begun merging all those small outputs back to the main JD staking address, a bit at a time:

http://khashier.com/tx/77dd83f67379d7fd01b9665b5bd287e1e6dc63b07361b07279e2beb9ec2af134

Edit: but this whole experiment / mistake gave me an idea...

A few exchanges recently have been having problems with their CLAM wallets, where they fill up with 'dust' from faucets which costs more in transaction fees to spend than it is worth. That's not a good situation - the exchange either has to pay out of pocket to clean up the dust, or leave it polluting the blockchain in the form of unspent outputs forever.

So how about if we add an option to allow the wallet to combine all the dust into a single new output each time it stakes?

I wrote it up here: https://github.com/nochowderforyou/clams/issues/196 and pushed a commit implementing it to the repository. It'll be in the next CLAM client release unless there's a good reason that it shouldn't be.

Here it is cleaning up dust from the Just-Dice hot wallet, and getting paid to do so:



Edit: here's a better example: http://khashier.com/tx/1f879d7896af66e4d533e49d9b49bc7d10f1d0e9b792aa5bcf85c5bda608ebf8

I saw your post asking for me to look at your provably fair system, so I did.

I'm not sure how exactly you think it is better than Just-Dice's provably fair system, which is pretty much the standard for dice site provable fairness, and so it's hard to dispute your claim.


I think that was his point. You need to click every individual bet. That's inconvenient. You also need to make a note of the server seed hash before each roll so you can check afterwards that it didn't change. It's too much overhead.

The added complexity of having a daily seed makes matters worse. If I make 100 bets I have to choose between two inconvenient methods of verifying them:

1) wait until the next day, get the dseed for the day I made the bets on, and generate the 100 rolls

2) note the server seed hash before each roll, and click each betid to verify that the roll was fair

So either 1) wait 24 hours or 2) click 100 times. Neither is very satisfactory, especially when most sites have already solved the problem. Just use a server seed, a client seed, and a nonce. Let the player reveal the server seed whenever they like and otherwise don't change it; rely on the changing nonce (bet_ctr) to change the rolls.

That's the system pioneered by Just-Dice and nowadays used by pretty much every reputable dice site.

I don't think all the extra complexity you have added is worth the relatively minor gains, especially given the extra inconvenience that goes along with it. The only tangible advantage I can see is that you can prove that you're not cheating even to people who don't care whether you're cheating enough to set their own client seed. But by definition, those people don't care.


What's this title meant to mean?


Is that placeholder text that you forgot to fill in?

I'm not sure you'll have a lot of success offering a dice game with less features, higher house edge, and lower max bets than almost all the competition, and you have no investment feature either. Those seem to be strange decisions you've made, and I guess you have your reasons for them.

Good luck with it.

Thanks!

You might want to link to the specific release notes for that version:
  https://github.com/nochowderforyou/clams/releases/tag/v1.4.12

You have it backwards.

Rolling a prime betid is 5.00% (1 in 20)
Rolling a prime epoch time is 4.54% (1 in 22)
Rolling both primes at the same time is 0.23% (1 in 440)
Rolling the right number is 0.01% (1 in 10,000)

So rolling the right number is by far the hardest component.

That's weird. You post said "can sell 5k @ 0.008.", I hit the quote button, and now it says "i can sell 5k if right price". I guess you edited your post between me loading the page and hitting the quote button. I never saw that happen before.

I can sell 5k too. It's hard to set a price when the market is moving like it is, but I'm sure we can agree on something.

I improved on my fix after posting that, and edited the post you quoted. You can now do what you were trying to do with a single 'signrawtransaction'. The change will be in v1.4.12 of the client, which should be built shortly. The sources are already available for you to build yourself if you're that way inclined.


I look forward to reading about it.

There are often ~100 BTC on the buy side. What seems to have changed is that there are no more cheap coins available at the moment. I guess the people who have been selling have run out or decided to wait for higher prices.

He told me he wants to invest, but he has a history of gambling so I guess time will tell.

It has played all the way through for me before, but my Internet connection isn't very stable. It seems that if the video file download fails part way through, the bad version gets cached and even reloading the page doesn't "uncache" it.

The CLAM client will create one for you automatically the first time you run it.

It goes in the same folder as clam.conf, which SuperClam just located for us:


If you don't really want to create your own CLAM wallet, but want to use a hosted solution then there are several sites that will hold a CLAM balance for you. I don't know of any dedicated CLAM web wallets, but both poloniex.com and just-dice.com will let you deposit and withdraw CLAMs.