The new mobile site will be coming out of beta and going live within an hour or two  . Noice noice noice - I'll be there |
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If bitcoin died tomorrow, I'd be sad, but for the future of the world rather than the fate of Bitcoin. IF BTC dies in a day, something is seriously fucked up
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Hi, the ICO is officialy ended as a failure. We've collected over 5 BTC which is not enough to fund our bankroll. The plan is to fund bankroll from our own money and refund all investments. For all investors, please send us email to info@betbase.io with Bitcoin address on which you want your investment to be received back. The ICO page will be updated in few hours. After we make Betbase profitable and well known, the ICO will be repeated. Until then, we'll keep our bounties information and we'll reward all participators when the ICO is repeated. Hopefuly within 10 months from now. Cmon!! Give a chance to the project another week.. We're not giving up on the project, we're giving up on attracting people to be part of it. For now. Nowadays there is only one way to attract people and to give success to ICO and that is signature campaign. Everyone if have spent time on this forum can see that only those projects got success who have started a good signature campaign. It wasn't just the lack of a signature campaign, there was almost no marketing at all lol. There were just some posts in the project development section, not even in the gambling or securities question. OP, you guys gotta advertise, market, publicize, there's no such thing as bad publicity as long as you haven't actually done anything wrong! Please contact me via PM to discuss this more. If you're into Bitcoin and marketing, we would like to know if you can offer some services to us. Thanks, Johny Alas, my experience is with the finance side of things, so if you're ever looking to do an ICO again, or want to sell, contact me if you want a proper financial valuation and model of your business |
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Bid sent - let me know how close I am?
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10 days left of the fund raising period.
Is the 581.4 count still accurte? It's now 582.6 Haha ok, so same general range. And the plan is still for you to fulfill the rest with your money assuming we can't get to 2k on our own? Question on that - any reason your old investors aren't sticking around for the new model? |
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I donno how you expect ppl to take it seriously when you are giving out vouch to newbies, Full member( with all due respect). The whole point of vouch copies or vouch is so that a higher rank or a trusted member in the forum gets to take a look at the product and give out his review if the product is genuine or now. I see that you have 2 threads in the same section selling the same thing and in both the threads I see the same vouch system. you give out vouches to lower ranked members( which might as well be your alt accounts). I am interested in the product but im still not sure if this is genuine or not. PM me if you want a me to review it. Thanks. Happy holidays! Edit: I see one vouch given out to Sr.Member but he hasnt responded since or reviewed it. Cheap enough that I think people can just take a chance I think... |
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Hi, the ICO is officialy ended as a failure. We've collected over 5 BTC which is not enough to fund our bankroll. The plan is to fund bankroll from our own money and refund all investments. For all investors, please send us email to info@betbase.io with Bitcoin address on which you want your investment to be received back. The ICO page will be updated in few hours. After we make Betbase profitable and well known, the ICO will be repeated. Until then, we'll keep our bounties information and we'll reward all participators when the ICO is repeated. Hopefuly within 10 months from now. Cmon!! Give a chance to the project another week.. We're not giving up on the project, we're giving up on attracting people to be part of it. For now. Nowadays there is only one way to attract people and to give success to ICO and that is signature campaign. Everyone if have spent time on this forum can see that only those projects got success who have started a good signature campaign. It wasn't just the lack of a signature campaign, there was almost no marketing at all lol. There were just some posts in the project development section, not even in the gambling or securities question. OP, you guys gotta advertise, market, publicize, there's no such thing as bad publicity as long as you haven't actually done anything wrong! |
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10 days left of the fund raising period.
Is the 581.4 count still accurte? |
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Hi can I use this to withdraw money from PayPal? Or can I only use it to verify?
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Can I withdraw from Paypal to this card? Or is it for verification purposes only?
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Can I withdraw from PayPal using your VCC?
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Already did heh. Will be back later for more |
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Looks like bitcoin grabbed this anonymous sucker in a headlock and applies the force of the whole body to suffocate its victim.
Ek charts aint looking sexy. All signs are that it gets steadily smothered by bitcoin, and I would expect prices to hit 280K basement. Someone also messes up with FCT lol. I wish bitcoin bull
had more arms to take FCT down in headlock, too.
I don't see XMR as a legitimate challenger to BTC, XMR is for those who want to take one specific feature of bitcoin (anonymity) and take it a step further |
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Can you give us an idea of what kind of range you're looking for?
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Yeah, I gotta say, the mobile site is pretty awesome - infinitely better than it was before. Gambling on the loo all day long now  |
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Can somebody explain to me how profit and losses sharing will works here?
Case one - player wins 1 BTC from any moneypot app in single bet.
What I know is -
40% to app owners ( 40% of the house edge) equals to - 0.004 BTC
10% to Mp ( 10% of the house edge) equals to - 0.001 BTC
Investors need to pay - 1BTC+ 0.004+0.001 = 1.005BTC in total will disappear from the investors account.
Case two - player losses 1 BTC in any moneypot app in single bet.
What I know is -
40% to app owners ( 40% of the house edge) equals to - 0.004 BTC
10% to Mp ( 10% of the house edge) equals to - 0.001 BTC
40% to investors - ( 40% of the house edge) equals to - 0.004 BTC
All together is 0.009 BTC
If we deduct this 0.009 BTC from 1 BTC = 0.991 BTC
Please explain to me who will take this 0.991 BTC and how it will be distributed
I know my understanding is not correct. Thanks
40% of the house edge goes to app owners 10% of the house edge goes to MP so 50% of the house edge is going to the investors of the profit investors make from their 50% of the house edge, app owners and MP each get 10%; that represents a further 5% of the house edge for each so the investors end up getting 40% of the house edge --- For your specific examples: when the player wins a 1 BTC bet (at 2x) the app gets 0.004, MP gets 0.001, and the investors pay 1.005 when the player loses a 1 BTC bet the app gets 0.004, MP gets 0.001, and the investors get 0.995 but then, at the end of the week, the investors pay 20% of their net profit: 10% to the apps, and 10% to MP. So suppose there were 1000 bets in the week. All of them were for 1 BTC at 2x, with a 49.5% chance of winning. A house edge of 1%. Suppose 495 of them won and 505 of them lost. That's the expected result. On each of the 495 winning bets the investors pay out 1.005; they pay a total of 1.005 * 495 = 497.475 On each of the 505 losing bets the investors earn 0.995; they earn a total of 0.995 * 505 = 502.475 Their net profit is 502.475 - 497.475 = 5 on a total amount wagered of 1000. That's 50% of the house edge. At the end of the week they pay 10% of their profit to the apps, and 10% to MP; that's 0.5 BTC to each. They are left with a profit of 4. That's 40% of the house edge. Get it now? It is a good explanation, and everyone can easily understand this simple maths. Just want to get more understanding on last part. Why do investors need to pay 10% to both MP and App owners if they make a profit at the end of each week? Any specific reason for that?If that is applicable, then you should also consider implementing MP and App owners need to pay investors 10% each, if Investor loses money for any particular week then I think it is a balanced formula otherwise it is biased to help only MP and App owners. Investors are always losers in this investment and it is just my feeling because I too lost my money in this investment and if you come up with better profit sharing then I would like to re-enter again. I hope everyone will support for this logic if you think it without biased mindset. They are essentially paying them a salary. Probably justified given how much work they put in |
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I just want to point out that when PayPal freezes your money, you are essentially giving them an interest free loan.
I've noticed that now credit cards are doing the asme thing. Citi, for example, calls it a "payment float," where they hold your payments for up to 3 weeks.
BTC eliminates these kinds of questions...
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I hope it doesn't reach its funding goal. So I can get a refund rather than double down.
I don't like censorship. I don't like the way intelligent questions are ignored.
I'll buy your shares for .5 BTC on the BTC  |
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I checked it with real bets: bet 1- wonhouse edge=1% wager=10bits profit=10bits investor profit=-10.07bits app dev profit=0.05bits calculated: mp profit=10.07-10-0.05=0.02bits bet 2- losthouse edge=1% wager=10bits profit=-10bits investor profit=9.93bits app dev profit=0.05bits calculated: mp profit=10-9.93-0.05=0.02bits So what does this mean? App dev get's 0.5% of the wagered amount, MoneyPot gets 0.02% of the wagered amount, and investors lose 100.7% of the wagered amount with a winning bet, and get 99.3% of the wagered amount with a losing bet. But the chance of winning of the one betting is only 49.5%, so investors win on average: 0.993*0.505-1.007*0.495=0.003 => 0.3% Great explanation there at the bottom, thanks |
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Stupidest thread ever....
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