The world really does need more gambling sites and ICO's...oh wait no it doesn't  Probably true! But we should not put limitations to new ideas and VR gambling platform is certainly a new idea in the market. The game is same but the way of playing is different. Agree! I personally feel we should get as much competition as we can. I support certain casinos, for sure, and am loyal to play with most, that is true. But I won't lie and say I will never move if I don't find a better place. Competition is good for us as consumers. Now about VR, not a big fan. I actually always prefer even low graphic low experience visually, high experience technically, when it comes to gambling. But that's just me. |
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Why don't they allow people to start trading for the first few weeks, Maybe they just want to test and see the reactions of the market? Because every other exchange has bitcoin as the base currency for exchanging with other pairs. If it's not decentralized then I'd say ripple company is behind this exchange to promote their coin.
All exchanges do this, really. Some just open test order books to let people try executing orders and complete them. Natural beta testing, don't want to launch something new before rigorously tested. And yes I think like you, definitely Ripple behind this somehow. Testing the market maybe like you said. They are really desperate to see more people use XRP, although not sure Trading is really very useful for a token's utility value. |
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It seems that investors got tired of ICOs in the last months. Do you believe that ICO hype will come back soon?
well the reasons is cause so many project are fail. The coin value suddenly drop below ico price when it hits the market. I do think hype is not good but when good project coming out i believe, many investors will start to invest on ico again. The statistics are showing differently. People are NOT tired of ICOs at all, they just simply are investing in good ones, not the ones that you see and don't feel like joining or giving up because the raise isn't going well. The proof? 1 January 2018 to 31 July 2018 already showing more money raised than all of 2017. In fact, this is without the Telegram cancelled ICO. If including that, this was already reached in May 2018. People are investing. They just are doing it differently. |
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Brr. There we go again. Just checked back today after retiring early yesterday on price, ad seems like the crypto market just lost 3% or so quite suddenly. ETH now trading at $433, ouch. Bitcoin really doing its very best to stay above the water at 8000. And guess what, there's no bad news, not on any of the sites I'm checking. Just further proof that no one knows what's going on. The alts are really withering in this heat.
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Ah, Litecoin. I'm still very much in profit looking at my very small LTC hoard, which has yet to reach double figures, but still very pleased at how it's performing even at these extreme levels of bearish movement. I don't honestly see it breaking out of the norm just yet, but thanks to Charlie Lee's continued efforts at making it a payment method, once it hits some level of use the way Bitcoin is, we should be able to see some serious trends of its own. Doubt this will happen anytime soon, but $100 by the end of the year should be a suitable target.
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Of course. This is an excellent way of investing. You need to learn how to select projects correctly and then you will see the result from the first months
The current situation is artificially created exclusively for exceptions out all those who believe in cryptocurrency and the technology itself in particular. Of their care sphere have not lost anything, it was a beginners, not more. Artificially created I don't think so, not at the beginning. All things that are not naturally occurring of course has to be created but the growth of Bitcoin and cryptocurrency was organic. Of course, today we see bounties and tokens created at will, and people all feed into it. I don't believe in that economy of tokens that we see now. False speculation and false money mainly, but economy all the same. After all, isn't the real world economy also artificial? |
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Congrats to the user who hit a 9900x roll on dice with a roll of 0.0000 https://i.imgur.com/rPuQq0d.pngThis would have won if the multiplier was set to 990,000x as well!This would have not won if he set it to 990,000x because he wouldn't be able to make the bet with that 990,000x multiplier and 8000 satoshi bet. As it would be much more higher than the accepted max profit per bet at BitDice. 0.00008*990,000 = 79btc+ while the max profit per bet at bitdice is 16.xBTC at the time I write this post. This would have won only if he set the bet amount around 1600-1700 satoshi max. Anyway, it is still a nice win. I like to hunt high multiplier as well and bitdice is the only place where players are able to hunt 990,000x. Would be nice to see someone win with that high multiplier even if the bet is just 1 satoshi. So basically, he would have won 16 BTC with a 1,600 satoshi bet, if he had placed it at max profit. Does someone know of a site that pays out any higher than 990,000? Never hit a 0 myself on any dice sites I've ever seen, so this is incredible even to see someone else do it. But yeah, he'd have been pissed if he had been hunting 90k and then got bored and removed a zero. Happens to me all the time hunting 100 or 1000 and then go lower to see the cheeky dice turn up an old hunt. |
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If Ethereum maintains the number one spot as a decentralized application (dapp) platform, the increase in value of the overall cryptocurrency market alone will bring it to that price.
I have no reason to believe that Ethereum won’t stay the preferred platform for dapps and ICOs. The network has one of the largest development communities and they seem to have a clear plan to address scalability issues.
The only thing that I could see stopping Ethereum hitting that price this year is if it’s deemed a security by the SEC. Even then, I would bet that it would still hit $1500
I've never really been attracted to Ethereum, but this point deserves some recognition. Of all the alt blockchains trying to do something different, at least Ethereum promoted dapps and smart contracts. Not that Bitcoin couldn't do smart contracts but now almost everyone knows how to do basic smart contracting on Ethereum. I hold some Ether, very late entrant, but I do see its value going up slowly, as it develops and more mature dapps come onto it. It's still the best, minus scaling issues and centralization of leadership. |
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Today the U.S. Securities and Exchange Commission rejected the Winklevoss ETF again. Last year in March the SEC already rejected this ETF after delaying the decision as long as it could. But in June the twins submitted a proposed rule change to the ETF, which is now also rejected. Due to the importance of this decision we will change our usual format for Thursday from covering ETH and Dash to BTC and ETH. Don’t worry though, we’ll come back to Dash next week! Bitcoin Drops on ETF Rejection Bitcoin prices dropped over 5 percent on the news. The reasons for the rejection echo earlier sentiment by regulators about ‘fraud and manipulation of bitcoin, particularly since this is done in a largely unregulated offshore market.’ The agency added that more than three-fourths of the volume in bitcoin occurs outside the United States, and that 95 percent of the volume occurred on non-U.S. exchanges. Read more: https://blog.fxopen.com/sec-rejects-bitcoin-etf-again/Hmm, wasn't this Friday news already? Think we all saw the price of Bitcoin move quickly below $8k but then it went back right up above it to where it is now around 8100. Remember, a rejection doesn't mean they can't ever apply it anymore. And now they are writing to the SEC with how their rejections are not correct, based on all the reasons given. And remember, the more important VanEck one is still to come. |
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I am also very confident that we will see a big spike happening towards the end of the year. There are several financial institutions in the US that are getting prepared to enter the market. Also, the same institution that succeeded to get the SEC to approve Futures are now on to something even bigger. If they succeed again this year to make the crypto market more available for institutional investors, my prediction is we will be far above 1 trillion markecap and bitcoin above 40k.
Confidence is one thing, but reality is quite another. I was super confident when I bought Elastic last year wow I just realized, more than 1 year ago that it was surely going to break 30k sats, maybe even 50k and 100k. Everything looked so promising. It's like so, so low not I never even bothered to check back. Big institutions entering crypto is already happening. They're just pretending they're not yet in the game. |
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-The buy and Hodl strategy
"The buy and Hodl strategy" strategy that I use, because I can not analyze a chart. the mistake I often make is to buy coins at a high price. but now, I know little when the right time to buy a coin properly. This is the usual strategy of the beginners. Technically speaking, it is easy to gain profits using this kind of method. Aside from that, we will not anymore looking daily at the chart and notice how the price fluctuates everytime. Buying during dip and selling during peak will give you lots of assurance to gain better. You just need to have a specific target when you buy or going to sell. That's the recipe for disaster, and don't we all and I know it. If you can't analyze a chart, then how do you think you can decide or find out what the entry price is like? A nice round number? I admit 100% I bought my earliest coins totally based on how I saw the charts look, in my eye. Like, I would say, oh look it's red and new bottom, never been this low, so yes, looks good. Or, even, every few months new high, this must be good. Crashed me to depths and never recovered some. |
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Hey guys, just updated the prize! phabulu donated for the freeroll along with the dev.. criptoreal's dev donated a lot making future freerolls possible.
This is a great amount of CRS guys! 1600 CRS+ guaranteed!
Well, maybe I might find the time to wake up at some ungodly hour some times next week to participate in this freeroll then. The prize is one thing (I'm not super keen on tokens and alts these days) but you know how it is with poker. Make it competitive, put something to win, and then it's worth playing. Are the freerolls getting your site more players? Get an admin in Asian time zone and you might get many more poker players, who knows? |
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Remember ladies and gentlemen, these types of stories only come out AFTER the big boys have invested.
I suspect Mike Novogratz is talking his book. He said in December that he wasn't interested in bitcoin - that was a sign he was shorting. Now he's announced that it's bottomed out - that's a sign he bought in around $6300.
Ditto stuff coming out from the likes of Soros. When they're slamming it, it means they're short. When they suddenly turn around and praise bitcoin, that means they've gone long and are trying to encourage the general public to get in, to force the price up.
Would that imply that he was only announcing his analysis that bitcoin has indeed bottomed out or his announcement was nothing but a trick to have everyone follow him, causing bitcoin to indeed bottom out? It might have already worked hehehe! I know haha, every time I see an announcement like this coming out from Mr Wall Street or Mr CEO, I only think 1 thing: they already entered the market and want to offload (so they go super bullish), OR they want the market to reach their entry point so they can buy (so they go super bearish). This was what Jamie Dimon did and now the formula is being picked up by all the big players. We're so smart, aren't we?  |
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Newbies, don't be attracted by this. Yes, POS coins were incredible ideas, and yes some of them are actually still good (and even Ethereum will switch partially to some form of POS). But honestly, they're not going to make you more money just because you open your computer and stake your wallets. Believe me, I know, I've tried.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
That depends on how much coin that you have been staking it to through send them all to the staking address, Are you joking with me imagine when you are sending less than 1 coin to the staking address and do you hope to earn a lot from staking your coin? it's a joke. No one said anything about 1 coin but you're missing the point. 1 coin or 100 coins, you're not going to earn MORE than the percentake of staking returns. It can be 10% or 100% , like I said I've tried them all. Many coins I more than doubled my coins after staking all my wallet, some even tripled after a year or so, but the NET EFFECT was, as I got more coins, their value also dropped. POSW was my perfect experience. I even held so many pos coins in POSW and when they decided to close down, I was forced to sell all my coins, much more than when it started out, but I lost so much in BTC value. What I'm saying is, of course it all looks easy passive income from staking. But everything is priced in. You earn more coins, but they become worth less. |
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Can't say I have been following BetKing. I followed a few casinos that raised ICOs last year (and this year also there were a few but I just stuck to the ones I know of) and Betking was definitely one of the few that was prominent here on this forum.
I find it a little strange the raise amounts were published in dollars and not the crypto raised. Especially if it wasn't liquidated at the time. Not abnormal I guess, but this is the same attitude that is happening across many projects (not all).
They raise and love the supporters but post ICO ignore or worse, shame them for asking. I dont' know what anyone can do about this. This is part of the trust we placed and risk we took when we invested.
You are right. When these people want money in ICOs they are all loved up but as soon as they get the money post-ICO they ignore the investors. In the case of Betking there were so many bounty participants that they flooded the thread with positive posts but once they got their bounty (almost worthless and practically useless Betking Tokens) they stopped posting in the thread and left Dean Nolan alone to answer the questions that they shielded him from before. Problem is Dean Nolan never answered any questions about his money-grabbing tactics. What else can anybody say about Betking now? We wait for Dean Nolan to publish the expenditure sheet to show exactly what was spent and where along with why.... Yeah, this is what I learned about ICO investing and which is why I was stung and I never dare to try again. When they're raising, all the beautiful promises and funny gifs, and loving all of us and telling us they hope to see us at the end of the marathon. Then after the money is raised excuses like everyone is working hard. So much work so many problems. They are human too they are having so much stress and we should understand (of course we do we are human too but where is all the transparency promises). Then they disappear, ban, mute, and just stay silent. Investors fight among themselves. Some want to defend the project for fear their funds disappear. Can't blame them, they have no choice but to hope and believe in the truth. I hope everyone learns their lesson and accepts that this is the risk, and investing is extremely, extremely, EXTREMELY risky. Good luck to you guys. |
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In order to avoid more these kind of issues, FJ should pop up this wagering requirement message whenever user click deposit button and once they click OK means they are agreed to that condition. If they implement this change then no players will complain otherwise most of the players will not read all terms before they start playing on any of the gambling sites.
I'm not sure whether they have already done this or not because for quite some time I didn't deposit money over there.
Correct. Look, every site can make the rules they want, that is their prerogative. This is fine. There is no law to say they must be fair. Consumers have the right to choose. So Fortunejack, don't take this personally, but to avoid this problem, make it very very clear when players deposit, there is a huge pop up or even when they register. That they must wager 2 x. And make a counter to show, how much left they have to wager before they can deposit. I also don't know if this is already the case, but it appears from this repeated complaints, people are not clear about this unusual rule. Calm down. The "industry standard" remark was an off the cuff remark to the post above mine:
Sorry, I didn't mean to single you out. I'm just annoyed by the spam in gambling threads from people who don't read the exact OP and understand the issue before commenting unhelpful "tips". OP wasn't talking about any bonus and people randomly inserted bonus requirements into the thread, taking it off topic. |
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I actually think it is a Ponzi Scheme.
But just like musical chairs, if you get out early - you still win! Ponzi schemes are only bad for the stupid suckers left standing when the music stops. Bitcoin is the same, if you 'Hodl' like a fucking moron, you are going to stop hearing music one day and then you will know you are well and truly fucked. Musical chairs, isn't that the game where there are actually no winners and only just one loser? So, basically, you just need to be NOT the last one to "hodl" If you play a game, then you're a player. Then the game will play you. Then you will lose eventually. Even if you "get out early" you will get in again in another game, because that's the mentality of a player who likes to play games. But if you're actually using Bitcoin like many people actually are (gasp!) then it doesn't matter if the music stops or whatever, they already got what they needed and wanted from Bitcoin. The peer 2 peer payment system without a 3rd party trust. Works for me, works for others. None of us are playing a game. |
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These types of deposit agreements are necessary for Casinos to not be taken advantage of by free rolling users. When you make a deposit with a bonus you agree that you NEED to play a certain amount of money or spins, or whatever the agreement is, before you can withdraw the money. It's industry standard and you being mad at what you agreed to is pretty ridiculous. Good luck on your future gambling!
The "industry standard" is actually more like 35X the deposited amount being rolled over on real money casino sites. 2X roll over is quite low. The only other "solution" a bitcoin casino could do is to remove the bonus amount added on your balance and give the portion of your deposited amount leftover. That's not "easy math" though, so the agreement has the 2X requirement. Come on man, what standard you are talking about? You are talking about deposit bonus while OP is not even taking any bonuses. IMO 2x rollover on any deposits made by player is not that low, it may makes players lose all his balance after winning some amount when he has not completed the rollover. Indeed FJ has this rule and it is clearly stated on their terms page and if someone complaining about it after making deposit then it is not FJ's fault IMO as registered players has accepted the terms on registration process. For me, 2x rollover for deposit without bonus is not a standard thing in gambling industry. There are many other gambling sites let the players to withdraw without such terms. Yeah, that was the point I made above... it seems this forum has so many users in the gambling section but not many people actually gamble a lot and just say things they don't know. OP's right to complain that the 2x wager amount is ridiculous. But OP is totally at fault here for not reading the terms (yes it's there). But at the same time, this thread is eye opening. It shows so many gamblers don't even understand what is industry standard, and don't even know the casinos they're discussing. I only consider myself a very amateur gambler and this is what is apparent to me. |
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These types of deposit agreements are necessary for Casinos to not be taken advantage of by free rolling users. When you make a deposit with a bonus you agree that you NEED to play a certain amount of money or spins, or whatever the agreement is, before you can withdraw the money. It's industry standard and you being mad at what you agreed to is pretty ridiculous. Good luck on your future gambling!
The "industry standard" is actually more like 35X the deposited amount being rolled over on real money casino sites. 2X roll over is quite low. The only other "solution" a bitcoin casino could do is to remove the bonus amount added on your balance and give the portion of your deposited amount leftover. That's not "easy math" though, so the agreement has the 2X requirement. THAT is NOT the industry standard! 30x wager amount on deposit is only the industry standard when achieving wager for bonus amounts (the typical deposit 1X and get 100% bonus or whatever bonus). FortuneJack has 40x wager on BONUS, as per their website: https://fortunejack.com/faq/bonus_tnc"9. Unless otherwise stated in a bonus’ terms and conditions, the rollover requirement for the bonus will be 40x." The industry standard for DEPOSIT is 0 wagering amount. If you deposit ACTUAL funds, it is your every right to withdraw it whenever you want, including profits you won gambling with YOUR funds at risk. So anyone who has a wagering on deposit is infinitely above the industry standard. Every bitcoin casino I know has 0 wager requirements. FortuneJack has 2x. That's ridiculous. But OP, you should have read all their terms first. It is specified there. |
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Can't say I have been following BetKing. I followed a few casinos that raised ICOs last year (and this year also there were a few but I just stuck to the ones I know of) and Betking was definitely one of the few that was prominent here on this forum.
I find it a little strange the raise amounts were published in dollars and not the crypto raised. Especially if it wasn't liquidated at the time. Not abnormal I guess, but this is the same attitude that is happening across many projects (not all).
They raise and love the supporters but post ICO ignore or worse, shame them for asking. I dont' know what anyone can do about this. This is part of the trust we placed and risk we took when we invested.
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