Not really, I think it's just spam. |
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Hej Guys! I think that there is a good picture now on Clam and maybe a good chance to buy it. In my mind, we all can see a strong accumulation on this coin now. Exactly on bittrex it's really simple to see, Maybe in the future we will see pump on clam?  Just Dice is the only decent investment I see in the crypto world so far. CLAM, which are basically both Just Dice casino chips and shares, are so undervalued considering that. |
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litecoin, yes it has finished syncing
can anyone help? Or can someone tell me which website i can use to claim the coins for me? or is it too late as I have imported it into my wallet already (even though the CLAM coins are not showing) If you have already imported it and there are no CLAM, I guess there was no money in that Litecoin address at the time CLAM were given. |
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I wonder where does the wagered money come from. Is it mainly from people that deposit CLAM and bet them, as in conventional casinos? I'm very curious about how much of what is wagered comes from deposits and how much from investors. The bankroll seems quite stable, which may imply that some investors are actually gambling their CLAM. Or maybe they are just being withdrawn, sold on an exchange to players, who then deposit and bet.
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This forum is becoming unreadable with so many bots and spammers.
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It's only sketchy in the eyes of a few nutters on the internet.
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From the Tether website: Since April 18, 2017, all incoming international wires to Tether have been blocked and refused by our Taiwanese banks. As such, we do not expect the supply of tethers to increase substantially until these constraints have been lifted. This is directly from a Tether announcement. They lost their banking services in Taiwan around the same time that Bitfinex was dropped by Wells Fargo. What an interesting coincidence! What happened since this announcement? Tether supply was at 60M $ at the time of the announcement. This implies that although Tether did "not expect the supply of tethers to increase
substantially" the supply has actually more than increased by an order of magnitude. At the moment the supply is at 675M $ (30M $ of this amount have been created since my last post yesterday). This is in spite of the fact that they havenīt been able to obtain new banking relationships otherwise they would have announced it. The only other explanation is that they donīt want to announce where they are banking, because the banks and the regulatory entities would discover the true nature of Tetherīs business. I agree that this is partly based on conjecture and I may very well be one of the "few nutters on the internet". However, this is simply too suspicious. Tether and Bitfinex lose their banking relationships around the same time. In spite of these events Tether supply increases by more than 10x and BTC rises several hundred % for the year. Active Margin Funding at BFX increases after every Tether issuance and dips in the BTC price always are followed by a new issuance of Tethers. Come on @TheQuin, you can call me a conspiracy theorist all day, but some of these events and observations are simply too suspicious. How do you know they simply aren't using another bank? what genuine company would hide a banking relationship? yes, a criminal organisation would do that.they have no financial license(why?) for any of their shit companies, they are doing many frauds and money laundering. Bitfinex gang is running a criminal organisation.  Why? Because most governments make it too complicated. I don't care from where they operate as long as they are honest. |
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It's only sketchy in the eyes of a few nutters on the internet.
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From the Tether website: Since April 18, 2017, all incoming international wires to Tether have been blocked and refused by our Taiwanese banks. As such, we do not expect the supply of tethers to increase substantially until these constraints have been lifted. This is directly from a Tether announcement. They lost their banking services in Taiwan around the same time that Bitfinex was dropped by Wells Fargo. What an interesting coincidence! What happened since this announcement? Tether supply was at 60M $ at the time of the announcement. This implies that although Tether did "not expect the supply of tethers to increase
substantially" the supply has actually more than increased by an order of magnitude. At the moment the supply is at 675M $ (30M $ of this amount have been created since my last post yesterday). This is in spite of the fact that they havenīt been able to obtain new banking relationships otherwise they would have announced it. The only other explanation is that they donīt want to announce where they are banking, because the banks and the regulatory entities would discover the true nature of Tetherīs business. I agree that this is partly based on conjecture and I may very well be one of the "few nutters on the internet". However, this is simply too suspicious. Tether and Bitfinex lose their banking relationships around the same time. In spite of these events Tether supply increases by more than 10x and BTC rises several hundred % for the year. Active Margin Funding at BFX increases after every Tether issuance and dips in the BTC price always are followed by a new issuance of Tethers. Come on @TheQuin, you can call me a conspiracy theorist all day, but some of these events and observations are simply too suspicious. How do you know they simply aren't using another bank? |
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Just ignore the spammers.
To stake coins, is it enough with having your coins in your wallet and leaving it open (and up to date, of course)?
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Is there any place to check how much is being wagered per day?
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About the wallet's problems, I wonder if some Just Dice investors would be willing to pay developers to fix them. I would. Unless the price isn't too high, it would certainly be a good investment as it would make the coin a bit more valuable.
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Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.
LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time. Right now the expected return investing is similar to just staking yourself on your wallet (you'd save 10% on the staked amount). But you would lose the cost of the electricity and time towards making sure it was always staking. The convenience is worth a lot and the skim off the top isn't that much. But if you feel that way, more power to you. For now, I will remain invested with JD and keep an eye out for cheap clams - eventually it will be worth the staking but for now my position is much to small to justify going solo. Yeah, sure, if you are going to stake with 10 CLAM or something ridiculous (I'm not saying it's your case) then electricity costs are relevant. But once you have 5 figures of CLAM, at the current super low expected profit from investing (assuming average wagered per day is about 20 000 CLAM) it starts to make sense to just divest and mine yourself. |
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I believe they have created additional corporate entities to receive money through so they have been able to receive (and send) USD via the banking system. I understand they are primarily catering to institutional customers so they may not be willing to deal in USD via the banking system for smaller amounts.
I agree with your statement. However, it is probably a legal grey area if you create a new corporate entity for the sole purpose of being able to receive money after you lost banking relationships with your main business. Since my post yesterday an additional 30M of Tether have been released. I somehow doubt that institutional investors are buying all these Tether when they could simply buy Bitcoin directly using a more reputable service like Gemini. Letīs assume that you are an institutional investor willing to buy Bitcoin. Why would you wire 10M (or more) to Tether just in order to trade on Bitfinex when you could also skip this step and buy Bitcoin at Gemini or a comparable site without the intermediary buy of Tethers? I lend some USD there. I just simply used fiat to buy BTC, deposited them on Bitfinex, sold them and lent the money. What's the point Tether? |
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Is it safe to lend money on this site?
I never lend money without taking collateral so asking your feedbacks.
It's "safe" if you consider that they got hacked last year and can't explain how it happened. Personally, I don't think the lending rates there justify the exchange risk. It's "easy money" if you think about it like parking money in a bank account and letting the interest stack, but it's much more risky than that. Given all the volatility and money flowing into the cryptocurrency markets, I think there's much more money to be made trading altcoins/tokens. Or otherwise BTC on leverage. I would only keep money on Bitfinex if I were actively holding a trade. Otherwise I would get my coins the hell outta there. I can't wait until DEXs change all this and put the centralized exchanges out of business... It's not worth lending BTC in general, but interest rates for USD are quite good. |
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Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.
LOL, why would you want to divest? It's better to have a small ROI then no ROI at all. At least, you're still getting staked coins, and you're making a small profit at the same time. Right now the expected return investing is similar to just staking yourself on your wallet (you'd save 10% on the staked amount). |
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Bankroll keeps rising, average leverage keeps rising, while wagered per day keeps dropping. The expected return from investing is very low now. It's time to consider divesting.
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Thank you for the answer, but I'm not a native english speaker. Are you sure that "financed" means buying on borrowed funds, but not borrowing funds?
Financed in a trading context just means trading on margin. The full context this time was "financed long BTC/USD" so that can only mean borrowing USD to buy BTC. To understand how Bitfinex is dealing with the fork you just need to think about who actually owns the coin at the moment it is forked. The owner gets the split token, not the borrower. USD is not being forked (don't give Janet Yellen ideas). If you have a margin BTC buy (are financed long BTC/USD) you borrowed USD to buy BTC. You bought the BTC, so own it and did not borrow it. When should we have BTC at Bitfinex to get the new bitcoin segwit2x? |
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Never use FRR, it takes forever to actually lend out anything.
Nope. It highly depends on the time frame - if you use 2-3 days that might be true, but then again if you are using FRR you don't have to care about short term rate spikes anyways. How fast is it when doing 30 days FRR? There seems to be a gigantic wall of offers anyway. |
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How are FRR orders executed, older ones first? Anyway it takes forever to get one executed.
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Using CLAMS is fine, it's basically like Just-Dice casino chips/shares of the "company". Some marketing may help increase how much is wagered per day, though. I remember some time ago there was a signature campaign in this forum, maybe we could try that again.
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Dooglus any plans for redesign of the site or some other coins?
I wonder how much would be wagered per day if the website looked better and there was some marketing going on. |
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