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461  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 13, 2017, 03:02:37 PM
Like 4 hours to get the withdrawal approved and it's been so far stuck for 4 more hours as an unconfirmed transaction. Great...
462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: October 13, 2017, 01:57:10 PM
I haven't had access to my clams in months... My wallet hangs on synchronizing. Anyone know a way to help? I've tried updating my peers and trying the bootstrap. I've tried my wallet on another computer and that still dosent work either.

I'm having the same issue, it doesn't synchronize.

I restarted a local wallet 2 days ago!
I updloaded the boostrap.dat and now I'm behing 20 weeks, I think this night it will be sync.
So far from my end it looks ok but I'll update you later once it, and if, the process will be done!

I just close and open it again when it's been stuck too much time at the same "X weeks behind".
463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: October 13, 2017, 01:23:49 PM
I haven't had access to my clams in months... My wallet hangs on synchronizing. Anyone know a way to help? I've tried updating my peers and trying the bootstrap. I've tried my wallet on another computer and that still dosent work either.

I'm having the same issue, it doesn't synchronize.
464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: October 13, 2017, 07:17:43 AM
Whoever sold so many CLAMS had to be really desperate. Although my coins are cheaper now I'm happy of having been able to buy some more. I'm here long term.
465  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 13, 2017, 07:13:55 AM
Yes, there's nothing. A withdrawal request was cancelled a few minutes after opening it and now I'm not receiving any email for the a second request either.

Did you use this withdrawal address before? Did you change anything on your security settings in the last 5 days? I think either of those can slow it down and also if it's a very large amount.


No. I finally received an email and it has been approved.
466  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 13, 2017, 06:42:12 AM
I'm trying to withdraw BTC but I'm not receiving a confirmation email to do so. First time this happens to me.

Did you check your spam box?

Yes, there's nothing. A withdrawal request was cancelled a few minutes after opening it and now I'm not receiving any email for the a second request either.
467  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: October 13, 2017, 06:37:30 AM
I'm trying to withdraw BTC but I'm not receiving a confirmation email to do so. First time this happens to me.
468  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: October 10, 2017, 03:59:53 PM
Does your share of the staking profit depend on (your onsite investment)/(onsite total bankroll) or (your onsite+offsite investment)/(onsite+offsite total bankroll)?
469  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 27, 2017, 06:41:11 AM

If someone comes and starts betting for max profit and winning it, investors wouldn't be able to buy the needed CLAMS to deposit them, even if they are online and ready to buy them in an exchange (totally unrealistic). Actually, there aren't even enough CLAMS being offered in exchanges to buy them in that scenario (357703 are available on Poloniex now, that's only about 40% of the insite bankroll, and that obviously includes those listed for way more than the current price, like a 190345 clams sell order for BTC0.008 each, about 4 times the current price). An scenario like a short squeeze would occur in that case. It's just not possible to buy back hundreds of thousands of CLAMS.

I don't see the problem? If there are 357.703 coins available to be bought on polonies (there are probably other sites who sell the coins as well), and the max win is 70k-ish, everyone would be able to buy their CLAMS back.


What you are allowing, which is basically leverage, wouldn't be that problematic if it wasn't because Just-Dice bankroll is about 1/3 of the total supply of this coin, and average leverage is 1:15. The scenario of someone betting for the max profit may be unlikely, but it just makes no sense to risk getting in that situation. In that scenario, only those that aren't lying with their insite+offsite bankroll (which is probably just a minority of people as you are forced to be at 1:25 not to be deluted) would be able to bear the downswing. Meanwhile the rest of investors would be losing about 7% of their CLAMS in each max profit lost bet, instead of the optimal 1% or a conservative 0.5%.

I don't see the problem here either. As an investor, you have the choise to take a higher risk, you don't have to if you don't want to.
Personally, I like to have more profit as an investor, so I do take a higher leverage when I invest. If I lose bigger, I realize that it's part of the game, but in the long run, I'm making more money.

70000 would.be losing just one bet. That's not a big deal. One bet of 7% of the bankroll, instead of 1% that it should be. But that player could keep betting and eating our bankroll at a rate of 7% per bet, instead of 1%. There simply aren't enough Clams in existence to keep buying them outside and depositing them on Just Dice. And that's assuming investors were online and had funds ready at the exchange to buy them, which isn't realistic at all.

Optimal leverage is something slightly higher than losing a maximum of 1% of your bankroll per bet (as 1% is our edge), because most bets target much smaller prizes. But 7% is just reckless. Or 12.5% if you are using 25x multiplier.

It simply makes no sense to allow that degree of leverage. Investors would get the same kind of returns as now if everyone was capped as about 3x, but we wouldn't risk being destroyed the day someone bets against max profit.
470  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 26, 2017, 04:07:14 PM
Investors are forced to use a multiplier as big as the rest of investors, so their position isn't deluted

I don't agree with that part. Nobody is forced to risk more than they want to.

I also don't see it as "lying" to use the "offsite" feature to invest more CLAMs than you actually hold. I do it myself. I have at least 25 times more wealth outside of CLAM than I have in CLAMs, so using "offsite max" isn't unreasonable for me to do. If I lose my entire deposit, I can buy more CLAMs and start over. It allows me to invest reasonably without having to convert all my money into CLAMs.

If others want to "abuse" the feature to take excessive risk, that's up to them. They might lose their investment and not be able to replace it, but they knew the risks when investing too much.

If someone comes and starts betting for max profit and winning it, investors wouldn't be able to buy the needed CLAMS to deposit them, even if they are online and ready to buy them in an exchange (totally unrealistic). Actually, there aren't even enough CLAMS being offered in exchanges to buy them in that scenario (357703 are available on Poloniex now, that's only about 40% of the insite bankroll, and that obviously includes those listed for way more than the current price, like a 190345 clams sell order for BTC0.008 each, about 4 times the current price). An scenario like a short squeeze would occur in that case. It's just not possible to buy back hundreds of thousands of CLAMS.

What you are allowing, which is basically leverage, wouldn't be that problematic if it wasn't because Just-Dice bankroll is about 1/3 of the total supply of this coin, and average leverage is 1:15. The scenario of someone betting for the max profit may be unlikely, but it just makes no sense to risk getting in that situation. In that scenario, only those that aren't lying with their insite+offsite bankroll (which is probably just a minority of people as you are forced to be at 1:25 not to be deluted) would be able to bear the downswing. Meanwhile the rest of investors would be losing about 7% of their CLAMS in each max profit lost bet, instead of the optimal 1% or a conservative 0.5%.

Maximum allowed leverage on CLAMS should be money supply/insite bankroll (and that's already risky as the rest of existing coins aren't ready to be bought on exchanges). Actually I'd just get rid of the offsite function and just make max profit 1% of the (real) bankroll, equal to our edge.
471  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: September 25, 2017, 05:15:18 PM
Is there any way to set autorenew to FRR minus a specific amount, like you can when opening a position manually?
472  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 24, 2017, 08:07:18 PM
I understand that the purpose of the offsite balance was not accumulating too many CLAMS insite. However, seeing that there's a circulating supply of 2 631 279 clams (https://coinmarketcap.com/currencies/clams/), and a theoretical bankroll of 13 852 378 (200 times the current max profit), 5.64 times bigger, it's evident the offsite function isn't being employed as intended. Investors are forced to use a multiplier as big as the rest of investors, so their position isn't deluted. But by doing that, she's lying, like the majority of other investors.

In practice, if someone comes and starts betting for the max profit, instead of just 0.5% of the bankroll being risked, it's something between 69261/889254 (7.79%, assuming nobody has CLAMS outside) and 69261/2631279 (2.63%, assuming all the supply is held by CLAM investors, and all the rest of CLAMS were really hold outside and ready to be invested if needed), way more than it should be. It's working well so far because very rarely people bet to get the max profit, but the risk is still considerable and it could be fixed by simply limiting the offsite bankroll to be set at a maximum of circulating supply/current bankroll (2.96 right now). If an investor wanted to be protected against that scenario, she would be forced to just use a 2x multiplier (the optimal with a 1% edge and 0.5% max profit), but by doing that she's getting lower returns than she should, as part of them are being obtained by investors using much bigger multiplier (average is 15.58 right now).
473  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 20, 2017, 09:47:28 AM
Say I have 1000 CLAM on Just-Dice. I deposit 1000 more. I set it to "/offsite 25x", so now I have 2000 onsite and 48000 offsite. What would happen if after that I withdraw 1000 CLAM? Would the invested amount remain at 1000 onsite plus 48000 offsite?

Thanks in advance.
474  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 19, 2017, 05:41:55 PM
....

Yeah, but why would he do that? He's making money already this way, without having to worry about any government (he stopped accepting BTC for that reason), and he probably also has many CLAM. So what would be the point of closing or doing anything else that would plummet CLAM price and make other investors angry (and therefore not likely to invest in an hypothetical new casino dice)? I would also prefer that he still accepted BTC, so we wouldn't have to worry about this, but I understand why he stopped accepting them.

Many things could motivate him to close the site:
-a new project that isnīt gambling related and/or dependent on user investment
-real life issues (illness of him or one of his loved ones) that force him to reevaluate his plans
-site investment exceeds an US$ equivalent of an amount that dooglus is uncomfortable in holding on to for people (after all this was one
of the reasons why he abandoned BTC as the just-dice currency)

Obviously, Iīm just speculating, but if one of these things were to happen, the current investors would be pretty
disappointed with nearly a million CLAM invested.

Besides from these potential issues regarding dooglus as a person there are other potential situations, which could
plummet the CLAM price (e.g. PoS coins prove to be unviable in the long-term).

Donīt get me wrong, I trust dooglus and his intentions, but with the current investment amount (nearly a million CLAM), my concerns
have a place and are probably shared by other people as well.



In any of those 3 cases, he could just sell the casino to someone else. It's a quite profitable website right now (as he probably doesn't have to spend much to run it).

About the last scenario, he could also ban new investments being made or force investors to withdraw a percentage of their investment (both options would be quite bad for the coin value, something he doesn't want to happen as he probably has many of them). In case he did that, maybe another second (or nth) similar dice site with the same structure would be created.
475  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 19, 2017, 04:55:27 PM
...

Just-Dice and Doge-Dice both closed due to it starting to be pretty outside and a little regulation spook... The regulation matter still looms a bit, but it doesn't seem like Canada is going to go after "good" crypto, but dooglus didn't want to responsiblity of holding Bitcoins.

Clamcoin was a perfect shoe in because it covered both his Bitcoin and Dogecoin community... it included LTC, so I guess that is a "plus" *gag*.  No one could make the arguement that anyone had to spend and type of value to get them (mining or what not) and there had been no USD trades... Just-Dice not wanting to have shit all to do with USD or fiat or electricity or what the fuck ever.  

Just-dice is basically the Neopets of Cryptocurrency in my opinion.  It's kinda cool.  (mind you it's a big fucking neopets lol)

Plus if someone robbed dooglus right now or busted JD... the entire community would flood out and leave them with "worthless coins".  

I expect as CLAM grows... more people would buy "worthless coins" and I don't know what dooglus would do then honestly.  At that point who the fuck cares cause we are going to have more crypto than you could shake a stick at.

This is just how I see it.

Thank you for the reply.

However, I fear that any CLAM holdings (measured in BTC value) would drop 90 % or more if dooglus
decides to close the site. This doesnīt even have to be for regulatory reasons, it could simply be that
he wants to move on to another project or hobby and calls it a day.

This would really crush the CLAM markets, because Just-Dice is arguably the largest use case - user Timetwister seems
to agree with me on this - of CLAM right now.

The same situation would happen if dooglus decided to accept altcoin X instead of CLAM.
After all there are many people that doubt the technical viability of PoS-based coins in the long-term and CLAM
is a PoS coin if Iīm informed correctly.

Yeah, but why would he do that? He's making money already this way, without having to worry about any government (he stopped accepting BTC for that reason), and he probably also has many CLAM. So what would be the point of closing or doing anything else that would plummet CLAM price and make other investors angry (and therefore not likely to invest in an hypothetical new casino dice)? I would also prefer that he still accepted BTC, so we wouldn't have to worry about this, but I understand why he stopped accepting them.
476  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 17, 2017, 09:02:38 PM
What happens to the CLAM exchange rate when dooglus one day decides
to close Just-Dice for good? Alternatively, he could choose to use
another altcoin instead of Clam, which would likely have a similar impact
on the CLAM/BTC exchange rate.

Have you addressed these issues somewhere already in this thread, dooglus?
What are your plans for the next few years regarding just-dice?

With the current investment amount of nearly a million CLAM (though dooglus
probably owns a non-negligible share of the bankroll) the relevance of these
questions has increased in my opinion.



CLAMS are basically Just Dice casino chips, but they let you invest instead of just play. He wants and will try to make CLAM valuable for two reasons: the comission is in that currency and he probably owns a lot of CLAM (at least I would if I was him).

CLAM is far more than just a JD casino chip IMO... literally everyone that used Bitcoin, Litecoin or Dogecoin on May 12, 2014 got an equal amount of CLAMS per address they controlled.

Just-Dice and Doge-Dice both closed due to it starting to be pretty outside and a little regulation spook... The regulation matter still looms a bit, but it doesn't seem like Canada is going to go after "good" crypto, but dooglus didn't want to responsiblity of holding Bitcoins.

Clamcoin was a perfect shoe in because it covered both his Bitcoin and Dogecoin community... it included LTC, so I guess that is a "plus" *gag*.  No one could make the arguement that anyone had to spend and type of value to get them (mining or what not) and there had been no USD trades... Just-Dice not wanting to have shit all to do with USD or fiat or electricity or what the fuck ever.  

Just-dice is basically the Neopets of Cryptocurrency in my opinion.  It's kinda cool.  (mind you it's a big fucking neopets lol)

Plus if someone robbed dooglus right now or busted JD... the entire community would flood out and leave them with "worthless coins". 

I expect as CLAM grows... more people would buy "worthless coins" and I don't know what dooglus would do then honestly.  At that point who the fuck cares cause we are going to have more crypto than you could shake a stick at.

This is just how I see it.

How CLAM were distributed is an entirely different topic. What I mean is that they aren't being used for anything else than betting/investing in Just Dice, so they are like casino coins/shares.
477  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 17, 2017, 06:04:13 PM
What happens to the CLAM exchange rate when dooglus one day decides
to close Just-Dice for good? Alternatively, he could choose to use
another altcoin instead of Clam, which would likely have a similar impact
on the CLAM/BTC exchange rate.

Have you addressed these issues somewhere already in this thread, dooglus?
What are your plans for the next few years regarding just-dice?

With the current investment amount of nearly a million CLAM (though dooglus
probably owns a non-negligible share of the bankroll) the relevance of these
questions has increased in my opinion.



CLAMS are basically Just Dice casino chips, but they let you invest instead of just play. He wants and will try to make CLAM valuable for two reasons: the comission is in that currency and he probably owns a lot of CLAM (at least I would if I was him).
478  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: September 16, 2017, 09:49:00 PM
Most of the time you will be waiting for your offer to be taken

Only if you set it to 2 days or so, FRR 30 days works relatively fine for me for years by now.

What has been your yearly return since you started? I remember reading you in this thread a long time ago, when I was also lending. I stopped when there was an issue and Bitfinex got a big chunk of our money and gave us some kind of tokens which I sold.
This is harder to determine than you might think, since I have also some income through the referrals from the link in my signature. They also tend to be quite spammy (10% of BFX's fees which alre 0.1% of an order or less is not a lot for each transaction). As the ref income is also lent out automatically, it is a bit hard to determine what the "pure" return would have been, since I earn interest on additional money that others probably don't have.

Last but not least, it is a bit hard to download the reports automatically (I am a customer for many years on BFX by now with a 3 digit userID...) and downloading everything at once is not really feasible either (the resulting CSV would take forever to generate and would be quite large). In general I am happy with my returns though, they are a bit on the low end against a bot that undercuts other bots maybe - but it requires less maintenance and even though "my whale" that I apparently referred seems less active lately, others have increased their activity instead. Any money I lose because I am not running and maintaining a bot is probably offset by these returns.

FRR 30d is especially nice in a generally stable/falling BTCUSD market, so currently it is not as great in catching all these small spikes when funds are running dry while BTC jumps a few 100 USD in price and everyone wants to go margin long.

Even if you don't know the exact amount, more or less how much do you think is realistic per year using 30 days FRR? 15%? 20%?
479  Economy / Exchanges / Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading on: September 13, 2017, 12:33:59 PM
I'm new to Bitfinex - I'm non-US citzen - is it possible to just send btc to the exchange,
sell it for USD and lend this amount of USD out for margin traders?
The way back would obviously be, buying bitcoin with usd and transfering btc back to a private wallet.

Is that possible? Or do you always have to wire usd to your funding wallet?
Thanks.


It's possible, that's what I plan to do.
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" on: September 13, 2017, 09:28:04 AM
My wallet is at "2 years and 8 weeks behind" from like 10 hours ago. Is that normal?

It will depend on your machine to some extent but I started a bootstrap re-sync 14 hours ago and I'm currently 1 year 17 weeks behind if that helps..

Which client are you using? I'm using 1.4.17.
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