Ashley Revell, a 32-year-old man from London, England, sold everything he owned, even his clothes, to try his luck Sunday on one spin of a roulette wheel in Las Vegas, Nevada.
He put $135,300 on red, and with friends and family watching, the ball hit the mark, giving Revell $270,600 So that's a $135k bet. mech's bet was 7016 BTC when BTC was trading at around $133 each, so $933k. About 7 times bigger than the 'life savings' bet. I searched a little and i did find something: ''Harry Kakavas lost $1.5 Billon in 14 months'' If you search on google you can find different sources talking about him and his addiction problem. He was obviously incredibly rich so i dont know how much it affected him but still 1.5 billion is way too much. Thanks for the pointer. I searched and found this... https://www.themonthly.com.au/issue/2010/january/1274319037/paul-barry/biggest-loser : In 14 months from June 2005 Kakavas slapped down almost $1.5 billion on the baccarat tables at Crown Casino in Melbourne – betting $300,000 a hand – and lost more than $30 million.
So $300k per hand, or about 3 times smaller than the 7k BTC bet was worth at the time. I'm looking for large individual bets. |
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A Raspberry Pi 2 or Odroid C1 costs only $USD 35; either should be able to run clamd. I'm not sure whether the weaker CPUs will make staking more erratic, or it doesn't really matter. (If it does matter - the C1 CPU clocks 60% faster than the Pi2) I have an Odroid C1 right next to me, might try compiling and running clamd for a bit, just out of curiosity.  I've never tried it, but I doubt CPU would be a problem. You only get a new chance to stake every 16 seconds, so unless you have a lot of separate outputs (piles of coins) in your wallet there's not much to be done. http://thebitcoin.foundation/ has been working to 'decruft' the satoshi Bitcoin client. In doing so they have made it capable of running on smaller hardware, so you might look at their work. |
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To clarify, a computing device with the wallet will need to run non-stop with a good internet connection in order to mint a block? Meaning basically every time I resume the OS or come back from a bad internet connection(and I switch IPs), I start from ground zero in terms of staking?
I don't see how it could not run on my router, if I can get the dependencies all the right versions.
You are always at ground zero. Just like with Bitcoin mining, you don't make progress towards making a new block, you either make a block or you don't. Spending 10 hours failing to mine a block doesn't mean you are any closer to mining a block, you just had an unlucky 10 hours. Your chance of staking is proportional to the amount of time you try to stake, so if your computer is only our of hibernation half the time, you'll stake only half as often as if it was on all the time (assuming you have your outputs split up reasonably). The router needs a copy of the blockchain in order to be able to stake. That's currently a little under 1 Gb. I don't know what kind of storage your router has available, but that may be a problem. |
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TigerTatas, one of our regular players, has written a "BetSniper" bot for the Just-Dice chat. It's currently regularly giving out free CLAMs for people who play bets with particular IDs:  ...  There seems to be little competition for the prizes at the moment. It may actually be +EV to try to win them... |
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And you think that is crazy? In real life casinos people have spent way more money in way more crazier ways, like the guy betting all his savings to a number or stuff like that, if you search on google you can find way crazier shit.
I tried at the time to see how the bet compared to other big bets in history, couldn't find any decent sources. I did find the "man bets life savings on roulette spin" story. Here, for instance: http://www.cnn.com/2004/SHOWBIZ/TV/04/12/roulette.win/Ashley Revell, a 32-year-old man from London, England, sold everything he owned, even his clothes, to try his luck Sunday on one spin of a roulette wheel in Las Vegas, Nevada.
He put $135,300 on red, and with friends and family watching, the ball hit the mark, giving Revell $270,600 So that's a $135k bet. mech's bet was 7016 BTC when BTC was trading at around $133 each, so $933k. About 7 times bigger than the 'life savings' bet. http://trilema.com/2015/bitbet-history/ talks about how: Bitbet recently paid out on the largest bet in its history
with a footnote saying: Notably, not in the history of Bitcoin, the Vandroiy-Pirateat40 10`000 BTC bet that nanotube escrowed will probably hold that title forever.
Of course, if you go by "equivalent dollar value" then ~5k @ 300 soundly beats 10k @ ~5 out of the field, and while a milion dollar + bet is significant even for Vegas, it's still not "the largest" as far as I know.
They're talking about this bet, in which 1121.15 BTC was lost, and 4393.47 BTC was bet on the winning side. However that isn't a single bet, it's the sum of all the bets on a single event, and it's also very likely that the majority of the bets on both sides were made by the same person (also the person who owns the site), hedging their own exposure. Are you able to find anything bigger? I am not sure if this guy is real.
It seems fake.
Nobody would risk that much in a dice site.
Yeah, it's hard to believe isn't it. I bankrolled the first half of his action then got scared and pulled out, so I didn't get any part of his big losing bet. |
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Glad I asked a question which helped Thanks to you guys above for the answers. I'm not too into altcoins anymore but I appreciate the friendliness of folks in this thread (in opposition to some other threads on altcoins that i've visited which are either "be a cheerleader here or GTFO" places). I think we'd rather make the coin something worth cheerleading for than insist that you like-it-or-lump-it... |
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I updated bootstrap.dat again for people needing to get a CLAM client synced quicker: I made an updated bootstrap.dat file for people having trouble syncing their client.
It goes up to block 455555 which was staked on Wed May 6 14:17:52 2015.
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This is just complete madness and what happened after that, did he kept coming to the site or was he never seen again? I always knew that gamblers who win/lose a lot are a little weird and they run on their emotions but this is by far the craziest thing I have ever seen.
(Mental note to self: Start investing in JD )
He came back a few months later and sold his account for a few BTC. As I already said, he had made some losses bankrolling the site, which meant his account would not be due to pay any commission on bankroll profits for quite a while, which made his account worth something. He didn't say very much, but it was good to hear that he was still around months later. JD uses CLAM now. If you put coins into the bankroll the site will stake them for you (CLAM is proof of stake) and give you 90% of the staking reward, in addition to any profits or losses the site makes from players betting. It turns out that the staking rewards are bigger than the gambling wins and losses and so JD is mostly just a CLAM staking pool these days. |
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I was wondering how a new node can bootstrap and be sure it has a valid set of balances, when all the other nodes have discarded the transaction history. Just having proof of work doesn't tell you that all the transactions in those blocks are valid to you, just that they were valid to whoever mined them. But it sounds like that issue is addressed fairly well at the bottom of the "Proof Chain" section.
School is calling, don't get ur teacher panic & lock ur earfucked head in a headlock.
Same person?... You raise an interesting point. His writing style seems to have taken a dramatic turn for the worse. |
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You don't have a winning strategy. I left you negative feedback because you were trying to sell a losing strategy to suckers. If you have a winning strategy, why don't you use it to win?
I did turn out with two profits on two different accounts on ur site. I had to use my money for emergency reasons, hence I cant afford to play now. reason why I am offering it for free with donations when they make something. For you to pay attention to my posts, clearly means you feel threatened to what I discovered. I'm not saying you can't win. I'm saying you don't have a winning strategy. It is possible for anyone to win at roulette even. There's a big house edge against you, but it's possible to win. It's not possible (without cheating) to have a winning strategy. Your expectation is negative, the same as when you play dice. Lots of people walk away as winners, but that's because they got lucky, not because they have a winning strategy. I pay attention to this thread, not to your posts in particular. I don't feel threatened, and you didn't discover anything of value. |
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I have the winning strategy but doog wants to keep my quiet from sharing it. It is why he left me negs on my account and the reason why he felt threatened. Its ok cause doog I was joking with you yesterday and all my people I share the secrets with will get clams and take down ur dice site for good.
If you have serious money and you are a whale, then Im willing to give you the secret for free! you can donate anything you want to me at the end. I have two accounts using a bot strategy. I can explain it if your are serious to take the sites bank roll.
You don't have a winning strategy. I left you negative feedback because you were trying to sell a losing strategy to suckers. If you have a winning strategy, why don't you use it to win? I'm quitting JD for a while. Its been a fun 2 years but I need to take a step back and get my life back into a positive light and get my investors paid back (hopefully end of summer).
Good luck to dooglus / Deb and the rest of the JD staff and players. It's been a blast.
Thanks. Good luck to you too. Getting away from the site will be good for you I'm sure. Thank you for the time you put in to moderating the chat and generally keeping things interesting. |
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* private deals are cheapest. People will often deal at the mid-market price, without any fee. You can also get a decent volume that way. Deals are often arranged in the Just-Dice chat tab. Be sure to use a trusted escrow so you don't get ripped off. Discord (user 13) is often available and willing to help out with that, if I'm (user 1) not around. I'd also advise against trying to buy or sell for PayPal or similar. It's too easy to reverse PayPal payments leaving the seller out of pocket.
I'm hearing that I may have caused offence by mentioning Discord and nobody else in this paragraph. I certainly didn't mean to offend anyone. That's not an exclusive list of "good mods" or any such thing. I just saw him escrowing recently. We have lots of mods on Just-Dice who I'm guessing would be happy to act as escrows. Use whoever you trust. My omission of individuals from my list of escrows is more an indication that I had just woken up to a bunch of complaints about late deposits and withdrawals and had other stuff on my mind than anything else. |
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Proof-of-Pearl was a cute name for our lottery which was removed long ago. It was basically just random block rewards aka superblocks or whatever you'd like to call it but it didn't work out well.
It didn't work out well because each time you got a chance to stake a block, you could see what the lottery prize was going to be, and decide whether to submit the block to the network or not. You could calculate the threshold below which it was +EV to withhold the block. Submitting a block would destroy all the "age" on the staking output, making it very unlikely to stake again for a while, and so it was in your interest to withhold it and save the "age" for a better lotto prize. Now, however, age is irrelevant. All that matters is the size of the output (other than the 510 block maturation period). So now I suspect that it would never be +EV to withhold a block, and so the lottery wouldn't be game-able. Not that I'm saying you should reinstate the lottery, just that the reason for removing it is no longer valid, and so if you wanted to start the lottery up again, I think this time it could work better. I'm not sure most people would be in favour of it. Have a steady return from staking is probably more attractive to most than a lower regular return with occasional jackpots - this is why people join mining pools rather than solo mining. |
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What was this guy trying to achieve?? He was already plus 5000 BTC  I guess some people really don't know when to stop. Investors must have made a fortune. That's not clear. He started off bankrolling the site, and doing well from that. Then we had a big player come (nakowa) to the site and win a bunch. He kept winning, and that put mechs on tilt. He wanted to "get back at" nakowa. You see it all the way through the chat. They even made a 1 BTC bet at one point. Mechs seemed personally insulted by nakowa's winning. So he won a bunch while nakowa was bankrolling the site, to try to hurt nakowa. But by doing so, he also hurt everyone else who was bankrolling the site, and felt bad about that. So it seems part of him wanted to win (to hurt nakowa) and part wanted to lose (to stop hurting everyone else). Kind of a crazy situation to be in really. |
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Where is the best place to buy some CLAM at the moment? I think I'll put a few in a just-dice bankroll  It depends. I think shapeshift.io is the easiest, but probably not the cheapest. poloniex.com has pretty good volume if you have/are willing to create an account there. If you're looking to buy a significant amount, I think dooglus (of just-dice.com) has said he's open to buying/selling privately. He obviously has enough clams to sell. I concur. * shapeshift is fast and easy, but somewhat expensive * poloniex is slower, but still pretty fast, only charges 0.2% commission, but has limited market depth. People don't tend to leave large amounts of CLAM for sale in the polo market because polo don't stake the CLAM they hold. So if you want to buy a lot of CLAM at polo your best strategy is to put a large buy order in the marketplace and wait for it to fill. People are more willing to deposit their CLAM to sell if they sell that there is a buyer waiting. * private deals are cheapest. People will often deal at the mid-market price, without any fee. You can also get a decent volume that way. Deals are often arranged in the Just-Dice chat tab. Be sure to use a trusted escrow so you don't get ripped off. Discord (user 13) is often available and willing to help out with that, if I'm (user 1) not around. I'd also advise against trying to buy or sell for PayPal or similar. It's too easy to reverse PayPal payments leaving the seller out of pocket. |
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Any info on the current network situation ? Khashier showing old data. Transactions not getting through.
I'm curious as well, I have a transaction that's not showing up on the network and a deposit address at poloniex that's not receiving this morning. None of my transaction is showing up at Khashier either. My own clam client is showing 0 network connections... Seems like something is not working somewhere in the clam universe. I'm having problems as well. Tried to send from Poloniex to JD and 8 hours later I'm still waiting. Edit: Apparently, the node went down and has been brought back up. I got my coins and everything's fixed. Can you imagine what the reaction would've been if bitcoin was out of service for 8 hours From what I understand, both khashier (the block explorer) and poloniex's CLAM wallet (the biggest CLAM exchange) were down for hours overnight. I haven't yet been able to get in touch with the poloniex wallet manager to find out whether the two events were related. I can't imagine why poloniex would have a dependency on khashier. I guess it's possible that some weird transaction triggered a bug that affected both khashier and poloniex and brought them both down. Just-Dice and the CLAM network as a whole both stayed up and working fully throughout. But with the only block explorer and the only significant exchange both out of action for hours, it would have looked to an outsider as if "CLAM is down". That wasn't the case. Edit: I spoke with polo's wallet manager. He was unaware that there had been a problem, but when he checked his their CLAM wallet it was showing that it was only connected to a single peer. It's likely that the single peer went down for a while, leaving polo's wallet disconnected from the network. We really need more people to run their own CLAM wallet, and open a port (31174/TCP is the default p2p port for CLAM) on their firewall to allow incoming connections. Of course, if poloniex themselves didn't have a "no open ports" policy, they wouldn't have this problem... Edit2: 18:43 <tf2honeybadger> Does clam support addnode in the conf?
18:46 <dooglus> yes
18:46 <tf2honeybadger> cool
18:46 <tf2honeybadger> i'm adding them now
18:50 <tf2honeybadger> ok, it's restarting with lots of nodes
18:54 <tf2honeybadger> "connections": 11,
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I didn't attend the homero school of scammin' and griftin' can someone explain what "silk shirt" means when used as a verb?
All I can imagine is that it's a weird kind of slang for "shut". "Shirt" sounds a bit like "shut", get it? And he's rich, so it's a silk shirt. So "silk shirt down" is just a dumb/weird/funny way of saying "shut down"? |
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From the FAQ: WILL YOU RETURN MY INITIAL DEPOSIT?
No, your principal (deposit amount) is not returned. At least they were honest about that part. |
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Well, 'new issues'. I already told Alex both bugs a little after blackjack was implemented on the site.
It seems that those problems still haven't been solved.
I never saw the 'you can't do that' bug before and I played it extensively when it was first launched. Probably he might consider recruiting new Devs.
I think he develops it himself, but yeah. He could certainly at least do with having new features tested (properly) before putting them live, or one day something will really go wrong and cost a whole lot of money. |
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In any case, hopefully these are the kinds of lessons that people only have to learn once (that is, if you really download and install some random software promising a get-rich quick solution onto a windows computer and you get bit in the ass, hopefully you'll never do it again).
That's not my experience. I know people who get Windows viruses over and over again. They can't be bothered to "be careful" and just click on anything and everything. It doesn't matter, because you can always just have someone reformat and reinstall the OS... Then one day it does matter, because now you have electronic cash on your system, but you're still in the "click anything, doesn't matter" mindset. |
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