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1821  Economy / Gambling / Re: Gambling Websites that accept investment as bankroll ? on: February 10, 2016, 09:30:09 PM
diggit.io but i am not sure how safe is to invest there as owner is not taking care of it too much (used to be a great website)
and there is bitvest
regards.
-Katerniko1

Wasn't aware that it accepted investments -- interesting one! What do you mean by not taking care of it, though? Seems like everything's working.

The only way to contact the staff of diggit.io is to use its thread on bitcointalk, but CryptoFuture has been very inactive on bitcointalk for at least a few months. Just check the last few pages of https://bitcointalk.org/index.php?topic=879161.0 and you will see users having waited for months for some deposit problems.

Ouch, yeah, I see now. Marking that off my possible investment list, Smiley. Thanks for the heads-up!
1822  Economy / Service Announcements / Re: [ANN] HaoBTC, mining dividend paid out hourly on: February 09, 2016, 05:32:20 PM
Most people aren't building up 1 BTC+ in a month (note: this would mean you'd need at least 50 BTC invested) to be able to withdraw it all fee-free. So now they're holding money AND charging fees when people want to withdraw.

They are making this rule to discourage withdrawing the bitcoin and with less people withdrawing btc then they would be able to keep the bitcoin for longer period which means they could use it for other purposes and at the same time "paying" user with just some small amount of interest (to make themselves richer )

That's pretty obvious. But what they're doing is taking a site that used to have a lot of incentive to deposit to and destroying all that incentive. They're going to cripple themselves.
1823  Economy / Securities / Re: Is there any active stock market? on: February 09, 2016, 08:25:20 AM
There's always NXT's Asset Exchange..
Bitcoin Stock Markets are basically just paid listing sites nowadays

The issue with things like NXT is that most people don't fully understand them. Normal stock exchanges (i.e. Havelock) are much more familiar.
1824  Economy / Securities / Re: [Crypto ETF] Short Altcoin. Take a short position in 90 altcoins (pre-IPO) on: February 09, 2016, 08:21:01 AM
This is an interesting proposal. Tagging the thread to follow it closer to launch. Just to confirm, this won't be live until the end of April?
1825  Economy / Games and rounds / Re: ►►► Crypto-Games.net | Free DOGE lottery tickets ◄◄◄ on: February 09, 2016, 07:37:47 AM
In! CryptoPlace

Thanks, Smiley
1826  Economy / Gambling / Re: Gambling Websites that accept investment as bankroll ? on: February 09, 2016, 07:37:21 AM
diggit.io but i am not sure how safe is to invest there as owner is not taking care of it too much (used to be a great website)
and there is bitvest
regards.
-Katerniko1

Wasn't aware that it accepted investments -- interesting one! What do you mean by not taking care of it, though? Seems like everything's working.
1827  Economy / Gambling / Re: Gambling Websites that accept investment as bankroll ? on: February 09, 2016, 07:25:38 AM
If you want to grow your bitcoins, you don't have to invest into bitcoin gambling sites.

There are alternatives, like lending to margin-traders in Poloniex. There is no risk involved[1] (as the loaners have collateral), apart from the risk of the site shutting down and scamming their users (a risk all bitcoin gambling sites share as well). A quick calculation: if you lend at 0.11% fee everyday for a year, you'll end up with a nice 51% APR.

[1]As opposed to investing into a gambling site, where it is possible to lose in the short/mid run. Take moneypot as an example.


Keep in mind Polo takes 15% of all interest payments as well, so you actually get less. In any case, I'd treat it like the stock market: a larger amount in a "less risky" investment (Polo/Bitfinex swaps), a smaller portion in bankrolls, and an even smaller portion in trading. In stocks, this is akin to a large amount in bonds, smaller amount in indexes, and an even smaller amount in speculative picks.
1828  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~3D MMO ~ 10+ Game Servers~ShapeShift.io ~RPG +More! on: February 09, 2016, 07:08:10 AM
Gone are the days waiting for the HYPER wallet to sync for new installs!

You can now always download a fully up to date version of the HYPER blockchain at: http://cryptochainer.com/dir/

Basically, it is an always updated bootstrap.

Thanks so much CryptoChainer for the support.

Also, please consider donating some HYPER to CryptoChainer to show our support as it is a great service: Hyper donation address: HET5t6hzZPRSpHQMe5Dbd4zZQurakXbhPg





This is awesome! I do question something, though... what is the reason for going with bootstrap over just having someone back up blkx.dat and blkindex.dat and sharing that instead? I did the bootstrap the last time my blockchain was corrupted and it still took almost 3 days to sync up to it.

Yes that reason it took a few days last time is because the bootstrap wasn't always updated.

This one should be updated more often (especially if we donate HYPER to him now and then *wink* *wink*

The service CryptoChainer supplies is that he does back up blikx.dat and blkindex.dat and keeps it updated on the site.

Ah, no, I meant the bootstrap itself took 72h+. It took almost 2 weeks total (3 days for bootstrap and then another 10.5-11 days for catching up from there). So the files he's sharing, are they the blkx.dat and blkindex.dat or bootstrap.dat? Two very different things, :p. Didn't want to download 2 GB just to see what's in the zip.
1829  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~3D MMO ~ 10+ Game Servers~ShapeShift.io ~RPG +More! on: February 09, 2016, 06:52:30 AM
Gone are the days waiting for the HYPER wallet to sync for new installs!

You can now always download a fully up to date version of the HYPER blockchain at: http://cryptochainer.com/dir/

Basically, it is an always updated bootstrap.

Thanks so much CryptoChainer for the support.

Also, please consider donating some HYPER to CryptoChainer to show our support as it is a great service: Hyper donation address: HET5t6hzZPRSpHQMe5Dbd4zZQurakXbhPg





This is awesome! I do question something, though... what is the reason for going with bootstrap over just having someone back up blkx.dat and blkindex.dat and sharing that instead? I did the bootstrap the last time my blockchain was corrupted and it still took almost 3 days to sync up to it.
1830  Economy / Service Announcements / Re: [ANN] HaoBTC, mining dividend paid out hourly on: February 09, 2016, 06:35:52 AM
Does it mean you encourage withdrawing large amount of bitcoin. That fee structure is good for rich people.

I would hardly call 1BTC being "rich".  It's a bit high if dust transactions were really the concern, like 0.2 and up would be better for that, but 1BTC isn't unreasonable.  Hey, at least they still offer free tx at all!

With this change, though, they should take the interest back to being added/withdrawable daily, rather than monthly. Most people aren't building up 1 BTC+ in a month (note: this would mean you'd need at least 50 BTC invested) to be able to withdraw it all fee-free. So now they're holding money AND charging fees when people want to withdraw.
1831  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~3D MMO ~ 10+ Game Servers~ShapeShift.io ~RPG +More! on: February 08, 2016, 10:10:13 PM
Beta testing for Snake is closed. The current testers can keep playing but no one else can beta test. Launch is coming soon.

Message to the beta testers: I lowered payout rate by a lot. It was too high. I lowered the starting rate but I'm increasing the maximum bonus for scoring high.
Also there is going to be a credit page for people involved with it. If any beta testers do not want to be listed on the credit page then PM me.

Guys, send PM to rghmodz for testing a snake faucet, the game is still in development, but its fun and now quite challenging and yes, waiting for someone to beat me out from the 1st place...hihi

Done and done.  Grin  Proved to myself that despite my aging reflexes, all those misspent hours playing Snake 2 on my Nokia phone many years ago have in fact served a purpose!  Wink
You did a lot better than me Smiley  Thanks for testing it and for feedback Smiley

What is the cap going to be on a per-game basis? Like if someone does exceptionally well.
Right now there is no cap. I don't think I am going to put a cap either. But that may change when I see how well people can do.

Ah, cool. Well, looking forward to giving it a go! This and Inkha look like they're going to be great additions. Next, we just need things that people feel they *need* HYPER to spend it on (giving people a way to earn is great, but at the end of the day, if people don't see a need to purchase it in order to spend it, like tokens -- I think Inkha is somewhat working on this issue -- they won't, and liquidity will still be low).
1832  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] HYPER ~ Game Currency ~3D MMO ~ 10+ Game Servers~ShapeShift.io ~RPG +More! on: February 08, 2016, 10:00:34 PM
Beta testing for Snake is closed. The current testers can keep playing but no one else can beta test. Launch is coming soon.

Message to the beta testers: I lowered payout rate by a lot. It was too high. I lowered the starting rate but I'm increasing the maximum bonus for scoring high.
Also there is going to be a credit page for people involved with it. If any beta testers do not want to be listed on the credit page then PM me.

Guys, send PM to rghmodz for testing a snake faucet, the game is still in development, but its fun and now quite challenging and yes, waiting for someone to beat me out from the 1st place...hihi

Done and done.  Grin  Proved to myself that despite my aging reflexes, all those misspent hours playing Snake 2 on my Nokia phone many years ago have in fact served a purpose!  Wink
You did a lot better than me Smiley  Thanks for testing it and for feedback Smiley

What is the cap going to be on a per-game basis? Like if someone does exceptionally well.
1833  Economy / Gambling / Re: △▽BitKong - The Most Addictive Bitcoin Game Ever - Provably Fair. △▽ on: February 08, 2016, 06:16:30 AM
Hi admin i deposit 10 dollar 10 mint but my money not show please help me

Not sure if this is a serious post, but if it is, step 1 is always post proof of the transaction (txid). Otherwise admin has no idea who you are or what to even look for.
1834  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: February 08, 2016, 01:58:38 AM
People may be hurt by this change but it is a needed one, for clam and for everyone who gambles and invests at JD.

There is a slight difference due to people investing at 1x Kelly or so, but the majority were doing max.

There is a class of JD investor who is inconvenienced by this change: the investor who doesn't want to be bankrolling a dice site at all, and is really only interested in having JD stake his coins for him.

Until yesterday he was able to invest in the bankroll with no offsite. All the big 100x investors would dilute his investment so much that he was taking very little risk from players.

Now however his share of the bankroll has almost doubled as all the 100x investors are now only 50x. And his share will continue to increase as the maximum offsite multiplier continues to drop.

I think the solution for this is to offer staking-only to those people, so you can continue to collect staking rewards (minus the 10% commission) without being involved in the bankroll at all.

It will take me a while to implement the staking-only feature. Until I do, I won't drop the maximum offsite multiplier below 25x.

Note, of course, that even with a limit of 10x on the offsite multiplier, it's still less risky for the investors with no offsite than it was before offsite investment was first offered.

Ahh, you're right. I hadn't considered people that just wanted the staking... makes sense, though. And I agree that allowing people to just stake would be a cool addition.
1835  Economy / Gambling / Re: △▽BitKong - The Most Addictive Bitcoin Game Ever - Provably Fair. △▽ on: February 07, 2016, 10:50:10 PM
Good place if you like throwing money in the trash.

I used the faucet a couple times and then it stopped working and doing really strange stuff.

So what you're saying is... you gambled and lost, and that's the site's fault. Makes sense.

The games are provably fair. Variance is a normal part of gambling. You can win 10000x in a row with a 1% chance or lose 1000000x in a row with a 99% chance.
1836  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: February 07, 2016, 09:21:05 PM
I always thought x100 offsite was a pretty extreme amount of leverage and remember being surprised at the time that you initially went with that.  I think it makes sense to reign it in, especially since people claim to have offsite many more times clams than can possibly exist.  I appreciate you taking time to explain your thinking.  Thank you.

I always like rooting for players so never utilized offsite so that any wagering gains/losses were dwarfed by staking.  One thing this change does do is increase my de facto exposure to players.  It's cool, I'm not upset, but I wonder if this will give further impetus to staking pools.

My big unanswered question is how does this effect clam?  While that shouldn't be your focus, it is an interesting question.  Will people buy more clam in an effort to increase their exposure that is now lost, or does it now make owning clam less attractive since you can't get x100 leverage on it at JD?

Thanks for a great site!

It shouldn't affect people buying much at all, for the reason in my previous post. The last time I looked, average leverage was 90x+ I believe, so basically, the chance only looks good but has little real-world effect. You will still earn and lose about what you did before.
1837  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: February 07, 2016, 07:44:55 PM
It's been needed for some time doog and even as an investor I welcome the change. The risks of 100x were too high and could bring about huge losses if max profit was ever won, which was a tall order anyway given the odds of winning that insane amount. Not only is clam more protected now, perhaps people will choose to do more with their clam now rather than letting it sit with a high offsite on JD.

People may be hurt by this change but it is a needed one, for clam and for everyone who gambles and invests at JD.

I don't think it hurts anyone. Illustration (keep in mind people aren't winning 200k+ per roll as it is):

You have 100 CLAM and I have 200 CLAM. We both invest at 100x. You now have 10,000 and I have 20,000 (giving you 33.3% and me 66.6%).
He changes max Kelly to 10x
You have 100 CLAM and I have 200 CLAM. We both invest at 10x. You now have 1,000 and I have 2,000 (giving you 33.3% and me 66.6%).

This affects nothing on the user's end. Either way, our relative ownership of the pool is the same, therefore we both earn and lose at the same exact rate as we did when we were at 100x.

There is a slight difference due to people investing at 1x Kelly or so, but the majority were doing max.
1838  Economy / Gambling / Re: PlinkoPot.com V2.0 BTC Plinko - <1% House Edge - Rewards - 999x Jackpot on: February 07, 2016, 09:40:55 AM
I think it will be hard to be implemented since both are two different apps, but it would be nice if they can do it.

I think all they would need to do is change "config.app_id = 864;" in classic's app.js to use the same app_id as the other site, and add the classic URL to the list of allowed URLs for the main app.

I just noticed that classic's app.js is the same 115k of javascript repeated twice, making it twice as long as it needs to be. Is that an oversight?

No, Classic used oauth implicit flow and V2 uses confidential flow.   Otherwise I would have done that already as I would REALLY like them to be in the same place.     And as far as it being repeated twice, it shouldn't be.   I am looking at app.js on my server now and nothing is repeated.  Would you mind PMing me a screenshot?

I see it all doubled as well. I just took a random line (// Preload audio) and ctrl+f'd it. You'll see it about halfway down the document and at the very top, both followed by the same code.
1839  Economy / Gambling / Re: Moneypot just took a huge loss? on: February 07, 2016, 04:54:39 AM
today i just went to see my moneypot and the drop is really very huge for me. it is gonna to take months to recover the losses.

I think "months" would very likely be an overstatement. In post #3, ndnhc posted that the investor profit was -27.3 btc on Jan 29. At this moment, the investor profit is only -19.0 btc. With this trend, the number could turn back positive in a month or so, but of course it could also receive another heavy blow. Tongue

And in the first 30 days, the site ended up like +28 BTC, so following that pattern, it should just be a couple weeks for breakeven.

I don't think we should be thinking in months, as it depends who and what amount they bet. Some whale could boost moneypot profit by a few bitcoins in less than a day if they are unlucky and bet a lot, but if no one bets a large sum of money, it could take many months to recover. It depends; investing is kind of like gambling, except of course, it is much safer.

Definitely true, but when you don't have outside information available, you have to extrapolate from what you already know. The past month and a half is all there is to go by, and you can't necessarily rely on whales, so in terms of safety (read: a generalized idea) it's best to look at it as if things continued the same path, with the same loss/win ratio (note that this also differs, due to variance). At least to me, it's safer to assume it'll take 1.5-2 months than it is to keep thinking "a whale could turn this around TOMORROW!" In the former, it's more conservative.
1840  Economy / Gambling / Re: Moneypot just took a huge loss? on: February 06, 2016, 11:54:02 PM
well, why did i say months is becuz it took about 2 to 3 months for me to gain certain amount of btc and now to get back on the green, by the same rate i experience before, i would say need another month from this post onward.

If you invested soon before the drop, I'd say you're looking at 1.5-2 months, assuming another hit doesn't come. But that's the joy with investments: you don't know what's going to happen. The only difference between investing in a site and playing on it is that the house (investment) has a long-term positive. It could take 6 months. It could take 5 years. It could take 50000 years. The math doesn't say *when* it will occur, just that, under mathematical principles, it will.
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