Really great service but today it`s "sold out" - seems there is no more cash on the buying exchange.
What do you mean? There should be more than enough liquidity. Regards PS: just checked you can buy 30 BTC right now instantly. |
|
|
|
How hard is it to mergemine?
I dont think miners will have to choose.
How hard is it to choose not to go bankrupt? I dont think many businesses will drop one coin over the other, they will just pretend they are both normal bitcoins. we will just have some growing percentage of bitcoins that are split and thus dramatically increasing the coin supply. not overnight, but over a period of 6 months, we will probably get to where the majority of dualcoins are split, just via normal transactions tainting the dualcoins into two.
I think they can not mergemine since they are mining on different chain by that time The coins are doubled, however the ecosystem can not double over night, if suddenly the money supply increased by 100% but there is no increased demand, we will get a zimbabwe coin Isnt NMC mergemined with BTC since they both use SHA256? isnt NMC a different chain than BTC? Mergemining is to just use the same calcs you use as you are randomly searching for the winning hash against multiple chains. The extra overhead of adding another chain is much less than double, so you basically get to mint extra coins for very little extra work. Based on this, the whole XT controversy could well be something FULLY backed by the miners Follow the money Due to the inertia of markets, this creates non-attack methods of double spending that isnt really double spending because we are all knowing that there will be two flavors of bitcoin. so by following the protocol, we can split our bitcoins. by knowing that markets dont do discontinuities, we can protect against the massive drop in BTC price this whole inventory explosion will create. Do you really believe that the BTC whales wont take the time to split their dualcoins? And then they wont bother to make a ton of money by trading both coins? James They can only merge mine if the protocol is specifically changed for that purpose There are huge risk from existing coin holders: We often talk about Satoshi's 1 million coins, many are afraid that those coin will come out one day and crash the market, and several days ago we have witnessed that a 80K sell order will knock down the exchange rate by 10% Imagine that you are a large bitcoin holder, when there is only one chain, the motivation to sell your coin is low, since they are all valuable. But once the coin forked, it is possible that core miners who controlls 25% of hash power are controlling 70% of the existing coins. They will dump the coins on the XT chain and destroy its value (Remember what Peter Todd have threatened with selling all his coins?). When XT coin worth nothing, miner will move their hash power back to core chain. Similarly, XT developers will dump their core coins, cause large damage there. A Mutual Assured Destruction fired up when XT went online 1.Jan. 2016, the end of bitcoin  So things will get really ugly if we allow a fork to happen please explain what protocol change is needed to allow merge mining XTcoin and corecoin? please estimate what percentage of the chinese mining pools will not merge mine to make extra money, if merge mining is possible Merge mining after the fork will be impossible as soon as atleast one different block is found. You need to include the merkle tree in the block you are mining. and the merkle trees will differ after the first block after the fork. If the losing form decides to allow merge mining, yeah maybe it can be implemented. But I'd wager heavy money against two existing significant chains anyway. Will just not happen |
|
|
|
|
I also hope that he keeps the 12 days deadline. Thats why I didn't feel the need to increase my bid
|
|
|
|
|
In the mathematical sense: "Where would the profit be expected with the past bets right now?"
The other use is called "predicted profit" as in extrapolate past profits.
|
|
|
|
Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.
Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.
Ahhh, so you mean like: Bets 61,049,903 Wagered 10,398,319,818.69 bits Bets Profit 95,132,383.84 bits (0.91%) Expected Profit 92,179,703.39 bits (0.89%) But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that. This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors) Ahhhh, I think I follow now. So basically just encapsulate the investor profit from everything else for clarity purposes. Close  the investors profit we already know! But the expected profit we don't know  |
|
|
|
Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.
Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.
Ahhh, so you mean like: Bets 61,049,903 Wagered 10,398,319,818.69 bits Bets Profit 95,132,383.84 bits (0.91%) Expected Profit 92,179,703.39 bits (0.89%) But showing the Expected Profit for all sites (on the main page, in the box with all the other information)? If so, I'm all for that. This number is not right either. its the expected profit of --> (APP dev + Moneypot + Investors) |
|
|
|
|
Expected profit is Wager amount * investors edge. But as the investors edge on moneypot is extremely variable, it can't be calculated with the "wagered amount" displayed on the site. Thats why I'd love to see it displayed.
Example: If the amount wagered goes up 100 BTC, it could mean +1 BTC expected value for investors, or close to +0 BTC expected value, depending on the composition of the bets that led to the 100 BTC wager.
|
|
|
|
Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)
Even better would be some sort of table that just shows, for example: 08/15/15 | +2.93% 08/16/15 | -1.21% 08/17/15 | -0.39% More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly. This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself. You can track yours yourself as well. I already do it. The amount fluctuates constantly, so you do it once per day. I figured we were just trying to lessen the burden on ourselves,  . I think you are talking about another stat as me. Do you know how investors houseedge is calculated? Thats rather complicated and you need to know every single bet basically + the HE of the app it originated. |
|
|
|
Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)
Even better would be some sort of table that just shows, for example: 08/15/15 | +2.93% 08/16/15 | -1.21% 08/17/15 | -0.39% More or less, something to quickly and easily see the profit/loss per day in a % format. Or even weekly. This statistic you can track yourself already. The one I ask for is impossible (ok nearly impossible, one could monitor all apps) to track yourself. |
|
|
|
Welchen wechselkurs nehmt ihr? Kann ja auch in der trafik nebenbei btc kaufen Edit: bitstamp +4% Bitstamp +4% also rund 4% billiger |
|
|
|
|
Is it possible to add a statistic to the moneypot.com site, that shows the expected profit of the investors? (houseedge*investorsshare*wageramout)
|
|
|
|
|
1 @ 1.9
Its getting quite pricey in here.
|
|
|
|
@Monopoly you can trade everything. but there is no way you can longterm beat the expected value by strategically in/devesting. (Well you could if you can predict the future ) |
|
|
|
|
I think this has more to do with the enourmous rise in volume. if this drops, money will be withdrawn
|
|
|
|
Thanks for the reply. I imagine you are in a bad position if the investors and the app devs are nagging It will likely end like in so many fields, the equilibrium will be found way above of what "should" be. and the only money staying in will be "stupid" money that doesn't care/compare options. But as the company you should not care about the type of money that is invested, as the "more stupid" the money invested is, you earn more. (i.e. if 50% more than "should" be is invested, you will earn a substantially higher riskfree profit) |
|
|
|
The current situation of you donating your share aside, I was just wondering about the longterm situation. Most people are so ridiculously unaware of situations that they don't realize that if they pile up the investments, that they will basically not generate any EV at all. That why I suggested the [min;max] intervals. But its obviously your site I am just giving some feedback as an investor. |
|
|
|
Thanks for the link. Well, its an interesting structure. But also means that the investors pretty much can discard 99% of the bets PS: there is now plan to set a minimum houseedge in % of total houseedge for investors, is there? like 10% of total house edge as absolute minimum even if the bet is only 100 satoshis or smthg. PPS: so now with 400 BTC bankroll, even a very big bet of 1 BTC will only net 0.25 % HE to the investors at a 1 % HE site. |
|
|
|
There are 300+ apps, most inactive by some person who looped the app name w known vulnerabilities lol (xss.)
In theory you can see them by manually changing the ID at an app detail page.
ok I see. But for example Betterbets.io stats claim that it contributed over 90 BTC to the investors. Is this figure true or is this before "comission"? I just try to get a feel about how much the house really gets % wise of player losses. |
|
|
|
I just checked all the apps that are offered, and if one adds the "Bets Profit" it should be over 100 BTC up. What app did then lose 80 BTC so that profit is only 20 BTC?
(PS: Maybe I am missunderstnading something.)
Thanks,
maybe you didn't see all apps? how did you check for all apps? is there a place you can see all apps? thanks I thought the featured apps are all the available apps. Apparently not. So where can I see all apps? (but what I noticed is, the featured apps do nearly have all the betting volume anyways esp betterbets.io) |
|
|
|
|
Show Posts
