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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 12, 2015, 06:37:32 AM
Release of the CCD export

That feature should be released during the next week.

A player (which is french and not able to speak here) sent me a very interesting and important feedback considering my method.
I said that all the seeds will be reseted every weeks. The player told me that my method is going to also reset players current rolls (winning/losing strike chains).
It's true to say a lots of players are looking into previous stats to take a decision on bets.

To avoid any disagreements, I'll add a public countdown before the seeds are updated so peoples will be aware. This countdown will also show when the next export will be released.

I'll add the countdown on the next CCD build.
2  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 11, 2015, 05:09:10 PM
Can you add Affiliate Program?

I'll work on an affiliate program, but so far I have some mandatory stuff to do before.

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Have you ever thinked about implementing clams? I think is a good "new" coin that could generate profit even only by stacking. Stacking usually cover the losses of the investors so it could be a good deal, cheers.

https://bitcointalk.org/index.php?topic=929949.msg10687400#msg10687400
Quote
No more new coins a the moment
Just to make clear that I'm not about to add new coins at the moment.
I'm receiving a lots of requests for new coins, and a lots have potential and must be considered.
However I believe that adding new coins at this state will be not healthy for the site.
3  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 10, 2015, 06:11:55 PM
Vote for your favorite theme here: https://bitcointalk.org/index.php?topic=984765.0
Should I change the dark theme to be the default one ?
4  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 10, 2015, 06:10:35 PM
Vote for your favorite theme here: https://bitcointalk.org/index.php?topic=984765.0
Should I change the dark theme to be the default one ?
5  Economy / Service Discussion / Cryptocoins-Dice, vote for your favorite theme: which should be the default one? on: March 10, 2015, 05:43:18 PM
Edit: The poll looks like buggy for some peoples, if you can't vote just reply here, your reply will count as a vote.

Hi,

A lots of peoples are using and/or requesting for the Slate design (the dark one) to be the CCD's default theme.

I'm willing to switch the default theme to Slate if most users vote for it.

Reminder: to switch your theme just click on your 'Options' board then select..





Here the both themes:

Sandstone



Slate

6  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 08, 2015, 06:36:08 PM
New version is up !

Investors will receive more CDP, chatters too.
The Rainbot will always send a few CDP even if nobody sent him funds.

Full Public changelogs - 1.1.9

This version is mostly a server-side upgrade to support the next upcoming features.
7  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 08, 2015, 06:35:32 PM
New version is up !

Investors will receive more CDP, chatters too.
The Rainbot will always send a few CDP even if nobody sent him funds.

Full Public changelogs - 1.1.9

This version is mostly a server-side upgrade to support the next upcoming features.
8  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 08, 2015, 04:13:14 PM
Hi,

let's share more details about the CCD database export.

The export format will be csv, and is going to be updated every weeks.
As the bets database is very large, I'll split the dump in multiple parts, sort by date.

Only a few players are requesting for new seeds (probably even less that 1%), so it will be pretty hard to verify if the bets from the export are legits with the current mechanic.

So I updated the rules of the game a little bit: straight after the dump, all users will receive new seeds (still once per week).
That mean 100% of the bets can be verified because all secrets key become revealed by providing new ones.

Reminder: you can download a javascript verifier here

The implementation of the export system is experimental and should be improved over the time.
Thanks for your patience.

edit: I'll proceed to the first global seeds renewal this week in order to create the first bets dump.
9  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 07, 2015, 02:14:56 PM
You are only somewhat correct. Your risk in the current system is determined by your leverage relative to average leverage. If everyone is levering high and so do you, you don't have much risk and your return is about the same as if the leverage feature didn't exist at all. The risk creeps in if you have your leverage set high and then other investors suddenly reduce there. You are then subject to being quickly wiped out.
Thanks.

On the other hand, if I invest more than others, but leverage less than them, I still get a decent return if the player lorse and if he wins, I end up owning a larger percentage of the bankroll (and if the investors suddenly reduce their leverage, the consequences are les important for me). The downsides (out of a greater exposure because of a greater percentage of the bank) is that I have more to lose in case of the site getting hacked or "hacked" (as you brilliantly wrote it some time ago).

Update: excellent news, bobbax! yesterday when I phoned, I forgot to tell you of my proposal for max profit so here it is. Like to "dump hashed log" proposal that I see you are implementing, this solution is simple to:

1. Go back to previous system. Bankrage * X = max profit
2. Change the multiplier. Two options
   2.1 Change X as you see fit.
      Pros: simpler
      Cons: maybe for mathematical reasons (Kelly criterion?) this X should not be changed - this is above my payrate
   2.2. Add a second multiplier, Y.
      Pros: in case there is a reason for X being X, you can safely change another variable - this will also permit a finer control of the max profit
      Cons: you end up with to multipliers (X and Y), which is inelegant if you have no reason to have the value of X being fixed

Hey David,

I have multiple solutions, I'm still working to find which is the best (I personally like the (A) atm).
Note that the following numbers aren't definitive.

An important precision about the leverage: The leverage isn't only a factor of risks, it also allow investors to place less money on the site. You maybe don't want me to manage your 100 btc, but you'll be agree to send 10 with a leverage of 10:1 and keep 90 btc offsite.

A) Decreasing the max. profit multiplier
Your (1) is indeed the one that was used to get the max. profit (Bankrage * 0.005, 0.5%).
One solution could be to reduce that value to 0.05%, with a low limit depending of the initial bankroll.
The low limit would be the initial bankroll * 0.5%, so we make sure that the max. profit can't go below that value.

Example
Initial bankroll: 100 BTC
Bankrage: 2000 BTC
Average leverage: 20:1
Max. profit: 1 BTC (2000 * 0.0005).
Max. profit low limit: 0.5 BTC (100 * 0.005)

B) Decreasing the max. leverage
An other simple solution is to just decrease the max. leverage to 10, and bind back the max. profit to the bankrage.
The effects will be similar to the solution (A) and easier to understand.
Cons: less offsite coins.

Example
Initial bankroll: 100 BTC
Bankrage: 500 BTC
Average leverage: 5:1
Max. profit: 2.5 BTC (500 * 0.005).

C) Variable house edge with max. profit bind to the initial bankroll
The house edge remain 1% up to the 0.5% max. profit of the initial bankroll.
That system would allow the players to bet above the max. profit but with an increased house edge.
For example, betting 1% of the initial bankroll will result to a 2% house edge. The idea is to increase the house edge by 0.5% every 0.25% above the max. profit.
They will be a max. limit of course. It could be 3% of the initial bankroll, so a max house edge of 6%.
Cons: the max. profit will still be low and the high house edge looks scary.

Example
Initial bankroll: 100 BTC
Max. profit: 0.5 BTC (100 * 0.005).
House edge: 1% for all the bets below of equal to 0.5 BTC. 2% for a 1 BTC bet, etc...

D) Variable house edge with max. profit bind to the bankrage
To make that solution viable, the max. profit must be reduced according to the solution (A), with a lower max. profit (0.025% instead of 0.05%).
This solution is similar to the (C), except that the house edge increase by 0.5% every 0.025% above the max. profit.
The max. limit could be betting 0.2% of the bankrage, with an house edge of 6%.
Cons: the house edge looks scary again, but the difference with the solution (C) is that you need to bet higher to reach the max. house edge 'penalty'.

Example
Initial bankroll: 100 BTC
Bankrage: 2000 BTC
Average leverage: 20:1
Max. profit: 0.5 BTC (2000 * 0.00025).
Max. profit low limit: 0.5 BTC (100 * 0.005).
House edge: 1% for all the bets below of equal to 0.5 BTC. 2% for a 1.5 BTC bet, etc...
10  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 07, 2015, 05:27:07 AM
What's next on CCD ?
Here a listing of all the work that's going to be done for the next releases.

CCD data export
Provide daily or weekly files with all the logs (invest, bets, ...).
All the private data, like the username, will be hidden/hashed.
You'll able to leak all the data and numbers from that exports.


Increasing Staff responsibilities

I'm recruiting more peoples to join the CCD staff.
At the moment the staff (mostly moderators) have only few power and tools.
I'll grant to some peoples the ability to get more details about user's accounts in order to provide a better support.


Max Profit and Leverage
On previous versions the max. profit was 5% of the bankroll with leverage (bankrage). That was causing the bank to be too much volatile.
I switched the max. profit on the initial bankroll since the last version. But that's causing the max. profit to be too low for a lot of players who are willing to bet high.
I'm working on that case and will keep you updated with my solutions.


High rollers
The site will register high rolls and show them into a new board.


Escrow system
To prevent the players to be scammed when they're trading coins on the chat, the site will act as an escrow.
When 2 players want to trade some coins, they both send the coins to 'the site'. If that's legit (correct amount, received both), the site will proceed to the exchange, else he send back the coins.
That's going to be a free and instant service.


No more new coins a the moment
Just to make clear that I'm not about to add new coins at the moment.
I'm receiving a lots of requests for new coins, and a lots have potential and must be considered.
However I believe that adding new coins at this state will be not healthy for the site.
11  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 07, 2015, 05:18:57 AM
Quote
The Bitcoin hotwallet seems to be empty, keeps showing that error when I try to withdraw. Could you give a date when it will be refilled?
BTC hotwallet was lower than your cashout request, it has been refilled this morning. I see you did your cashout !



Due to the circumstances, I'll create a system to provide all main logs and data from the site.
I'm aware and realized that's mandatory to build such system.
My apologies that wasn't done before.

That project is now in my main priorities.
However, that'll require time to complete it.

So, what'll happen next and what are the plans on the short term ?

CCD data export
Provide daily or weekly files with all the logs (invest, bets, ...).
All the private data, like the username, will be hidden/hashed.
You'll able to leak all the data and numbers from that exports.


Increasing Staff responsibilities

I'm recruiting more peoples to join the CCD staff.
At the moment the staff (mostly moderators) have only few power and tools.
I'll grant to some peoples the ability to get more details about user's accounts in order to provide a better support.


Max Profit and Leverage
On previous versions the max. profit was 5% of the bankroll with leverage (bankrage). That was causing the bank to be too much volatile.
I switched the max. profit on the initial bankroll since the last version. But that's causing the max. profit to be too low for a lot of players who are willing to bet high.
I'm working on that case and will keep you updated with my solutions.


High rollers
The site will register high rolls and show them into a new board.


Escrow system
To prevent the players to be scammed when they're trading coins on the chat, the site will act as an escrow.
When 2 players want to trade some coins, they both send the coins to 'the site'. If that's legit (correct amount, received both), the site will proceed to the exchange, else he send back the coins.
That's going to be a free and instant service.


No more new coins a the moment
Just to make clear that I'm not about to add new coins at the moment.
I'm receiving a lots of requests for new coins, and a lots have potential and must be considered.
However I believe that adding new coins at this state will be not healthy for the site.
12  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 05, 2015, 06:31:33 AM
Hi smooth,

you're asking to me for posting private details about a player. Even in that circumstance, I'll not break my privacy politic.

Quote
but if this happens frequently it becomes not credible it is merely lucky timing

It's still possible to switch leverage and play that way. However since a recent patch the impact is lower. That's because the max profit rely now to the initial bankroll instead of bankroll with leverage.

Also, what's your guarantee that I'll not send you faked logs ? Nothing. And I'll be asked for more and more stuff. This is endless.
By the way, even the last logs I sent wasn't even monitored and compared with the site's bets, there is a 1M bet in it, nobody checked.

The site is providing tools that I keep updating, but at this state, there is no chart showing the bankroll with leverage second after second and no tool that pointing players who playing back coins from own investment, also no alerts when you starting to lost/win high on investment.

My bad is some peoples lost money from their invest on that run.
13  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 04, 2015, 08:30:22 PM
Quote
I am interested in why I lost more then the house total loss even though I am less then 50% of the bankroll.  Thats what I need you to explain to me.  You have the data on your end.  I was watching those numbers for more than an 1hr 40 mins so the delay shouldnt come into play.

You just didn't lost more than the house, as all other investors (including me).
You did allow me to show your investment data, you'll find one of your investment chart below.

We can see on the Feb. 13 that the wagered coins spiked, most was due to that player toggling invest+high leverage/divest.
Around 110k wagered. It's ~25% of the total wagered amount.


(site DOGE wagered amount)

You're trying to find a correlation between the site profit indicator and your investment, that's where you're going the wrong way.
Usually, the site profit and your investment should be indeed pretty similar, the variations caused by the coins back from an investments are too low to be seen.
As said in my previous post, the site profit don't know when you bring back into the game your own played coin, from your investment.
If you own 50% of the bankroll, bet 10 and lost, you'll get back 5. If you replay with the 5 coins you just lost: it's causing variations, because your started with 10 but in fact played 15.

I think you're mostly worried about what happened on the Feb. 13, because the rest of the charts looks like your investment chart.


(your chart - site chart)

Just by looking the previous bank's big win, you earned approx half of it. Watching other waves provide pretty similar results (winning or losing).

The Feb. 13 player caused huge variations. He did replay a lot of lost coins and earned a lot of investors coins.
At this stat of the game, it's not so hard to do, because it's still easy to own the bankroll.

It's not cheating, he could lost on that, that's even not a strategy. Look like he tried twice and never did it again.

Your 2M didn't disappeared, they were won that way.

I made a basic graph to provide a better explanation.
Notice that's a case of a full success.



The graph showing 5 bets: A, B, C, D & E.
1, 2 & 3 is the bank profit.

Before bet A, the player invest with 100:1 leverage and own 80% of the bankroll, before bet B he divest and own 0%, etc...
By owning that large chunk, if he win, he'll mostly win her own coin. If he lost, he'll get back 80%.

After that 5 bets session, the bank profit is up to 3. But investors (not counting that player), lost 2.6.

You think that the 2M 'disappeared' because, on the Feb. 13, the site profit is going up, like in the example above. The site profit chart is right on the total won and lost, and your investment chart is right to show that you lost coins.
I'm again relating to the Feb. 13 because we got very high variation on that day causing your investment chart and the site profit chart to look different.

Now, let suppose that the player totally failed:



We got exactly the same results, but reversed: investment charts going up while site profit chart going down.

That's why this 'tactic' is not better than just betting.
14  Economy / Gambling / Re: Wallet of dice sites or any casinos!! on: March 04, 2015, 06:17:29 AM
Cryptocoins-dice.com is one of the rare dice-game to providing a proof-of-reserve (for all coin: BTC DOGE XMR XMG XRP).

You'll find all the files related to the PoR on that thread: https://bitcointalk.org/index.php?topic=956800.0
These are the Cold-wallets.
15  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 04, 2015, 06:14:45 AM
Just tried the site with the faucet and it works great, really impressed with the UI.
I would like to see a little faucet increase and reduction in the time-limit from one hour to may be 10 minutes.
Any promotions planned?
How much can you earn with faucet? Is it worth trying only for faucet alone?

relying on faucet to gain profit? you will only waste your time dude.. faucets are made for testing Smiley

Notice that most faucet on Dice-games are made to make your cashout very hard if you're playing only the faucet's coins.
For example, if a site giving a faucet of 300 BTC satoshi, you'll need to reach the minimum to cashout. On that case it's about winning +33x your balance.

On CCD, Bitcoin is also hard to cashout if you rely only to the faucet. However, some other coins are easier, like DOGE: you only have to win 2-3x your faucet balance.
16  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 03, 2015, 10:21:26 PM
I don't understand the leverage, can you explain it in an easy way?

i think its more like of a kelly

yes, it's like changing the kelly criterion. by setting a leverage between 0-100x you basically declare that you have more coins offline willing to invest. thus changing your percentage of the sites effective invested bankroll and the percentage of your own invested br youre willing to risk on each players roll. greater risk if players are lucky but also greater reward on players losses.

oh, so leveraging is to invest,interesting, I'll take a look to see how exactly works

Hi,

the leverage system looking like kelly.

To be straight, you can multiply the amount you're investing in order to own a bigger part of the bankroll.
Owning a larger chunk of the bankroll by leveraging increase your risks to lost more or your chance to earn more, mostly because your bankroll % is higher.
17  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 03, 2015, 10:15:00 PM
Is the site down? It is for me at least...

The site is up, shouldn't be down for you. Could you try again and keep me updated ?
If the site is still down for you, could you send me a PM with some hints, like from what country are you trying to connect ?
18  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 03, 2015, 06:04:57 AM
I am surprised to see so many dice sites being launched today. Are all the owners one person ?

I'm only owning CCD, dunno for the others Wink

May be you all are collaborating with each other or it is simply coincident that so many sites same day .  Grin Grin Grin By the way good site you launched with great graphics and nice features.

Haha , I thought the same. But still surprised that we had around 4-5 dice sites that were launched today itself.

CCD born mid-january, but not hosting Bitcoin.
I started the thread here only once Bitcoin were added.

We just broke the 20M bets !
19  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 01, 2015, 07:35:57 PM
I am surprised to see so many dice sites being launched today. Are all the owners one person ?

I'm only owning CCD, dunno for the others Wink
20  Economy / Gambling / Re: Cryptocoins-Dice.com | BTC XRP XMR XMG DOGE | Play Invest Leverage Faucet on: March 01, 2015, 07:31:11 PM
Just tried the site with the faucet and it works great, really impressed with the UI.
I would like to see a little faucet increase and reduction in the time-limit from one hour to may be 10 minutes.
Any promotions planned?
How much can you earn with faucet? Is it worth trying only for faucet alone?

The faucet will give you a bit of every coin available on the site as soon as your balance is empty.
BTC: 100 sato,
DOGE: 1,
XMG: 0.01,
XMR: 0.00075,
XRP: 0.01

The faucet giving between 350-400 sato BTC wise.

Quote
Affiliate program?

Not yet
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