If I had a bitcoin for every post along the lines of "FC is going to post real soon and put our minds to rest about this or that" and it never happens ..... I think we are being trained to not expect regular updates from FC any more. The proof is in the lack of pudding
thats nonsense, FC is going to post real soon and put our minds to rest  Thank god you said that, I was about to get worried |
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Seems like cool PR for Bitcoin! A player (Doctor Lee) on Just-Dice.com, on 9/16 cashed out some of his winnings on Just-Dice and bought himself a 46k Audi. He came by the site and was showing off pictures to everyone. Where else can you in a single day win 46k, cash out a couple minutes later and go buy yourself a nice car? These are the pics of the car he bought: http://www.carsguide.com.au/car-gallery/P13388197/1 Maybe just fake... Anyway how many people lost their money before that man won 46k... you can't win maths. The site has a 1% edge so the expected profit for the site is 1% but bad luck for the site and profit only 0.55% thus far. Over 1.1 million bitcoins have been wagered so far - a staggering amount. |
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0.9
Top bid is Rapidballs with 0.9 BTCTimer removed. End time: 2013-09-23+00:00:00UTC |
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So who essentially subsidized him to buy a $46k car and still have the site not skip a beat in terms of business?
Are your folks' pockets that deep that giving away a $46k is that easy?
Last couple of days we had some big winners - last niight Nakowa won over 1000 BTC! That is over 125,000 USD. The reason is the max profit per bet if 500+BTC so whales can with a few big lucky bets make huge amounts (or lose it) in short order. The bank roll is about 55000 BTC though and the max profit auto-adjusts to no more than 1% of the bankroll for any given wager. |
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Finally received a 5 figure SEPA transfer from July 4th Was this in usd or eur? |
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@OP
Misleading title, it should be "Play wins 46k on Just-Dice, buys Audi with winnings"
Another player (Nakowa) won over 100k worth of BTC yesterday. That would buy a really nice car. |
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Is the site up and so it's only me?
Yes, I am having No problems. Have you tried adjusting the DNS server to 8.8.8.8? Annoying nonetheless, must be a cloud flare issue. You should open a support ticket |
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I would be so happy if that website simply removed any estimate lower than 3 days.
I'd go further and say that watching the farm hash rate at all is a total waste of time other than to look for obvious and persistent changes (which would be indicated by dividends anyway). Even the 7-day average can represent bad luck, and it would be close to impossible to confidently distinguish luck from farm growth in that timeframe (unless it were extremely significant growth). Even if AM published the actual farm hashpower at all times, luck and its results would be the only thing that mattered anyway, and we already have that info. Your best indicators are the weekly dividend, the mining environment as a whole, and AM's publicly provided schedule for hardware. I disagree that the weekly dividends are reliable indicators at this point in time. It all about r&D and rollout of gen 2. By your logic, the sell-off would be justified. |
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Just some quick updates as Nakowa and Doctor Lee profited over the last few days, and done it with surprising low amounts of funds wagered,imo Since 8-12-13 the average BTC per day for the site still remains at ~42btc, last 2 weeks though it sits at +6 btc and in last week -67.7 btc per day average. The total site wagered per day in USD sits at $1.1 mil, while from Aug 7th the average is $694k USD per day, in last 2 week average is $727k USD per day. Chart #1 - Site profit in USD using CD BPI price and ~daily site profit https://i.imgur.com/ZzKaKK9.pngChart #2 - Total Wagered in USD https://i.imgur.com/6OPUIlH.pngChart #3 - BTC price per CD BPI during timeline since 8/12/13 https://i.imgur.com/h3uIZv8.pngChart #4- Daily BTC Wagered scatter chart with approximate downward trendline as BTC in USD price increases https://i.imgur.com/VcOTtEW.pngNakowa is incredibly lucky. He seems to consistently defy odds and walk away with a big payday every time he plays. |
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Saying that, I found a total of 22 blocks on a crappy notebook with 2,5Ghz dualcore i5 (0,64 CPD HP11). I guess that's all pure luck
C'mon many have found their slow machine turns out to be a block magnet. It can't be all coincidence. We don't fully understand the mining process of this coin. I think luck is a significant factor in mining this coin on a small scale due to variance |
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Not
so
much
...
EM, what do you honestly expect to happen with bitcoin in the next 3-5 years? Mtgox and/or Bitpay might be gone, SR still kickin but lots of competition from alts and technical problems. I expect the Bitcoin community to be composed of Internet Libertarians for the entirety of the Project. It will be all about "spreading the word" still. sr is here to stay unless dpr gets nabbed, but another would pop up in 48 hours mtgox is already a zombie exchange bitpay will either remain or get bought out by bigger players SR has one problem right now: It's not really possible to order anonymously when all exchanges require verification, tricks like mixing and choosing the transaction output address don't really help. (Courts can get a warrant for transaction data off the exchanges) The only real solution is zerocoin which, quite frankly would be better off being implemented in an altcoin. I don't expect SR to go under because of this, the money flow just has to come from OTC and similar mechanisms. Yeah, gox is pretty much undead. This could go on for a long time still... I don't think that bitpay will stand up to scrutiny. They have been messing around on the exchanges (according to their own admission) with their clients and VC money. When the shit hits the fan on Gox there will be a lot of long faces there once they realize how much of their money was in gox accounts. people need to bite the bullet, trade their mt gox usd for BTC even if it a 15% premium. And just cash out elsewhere. |
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It sucks though they essentially ended instant bitcoins though (limited now to only 10BTC a week from 50BTC a day).
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I am surprised people by these coins considering the considerable counterparty risks involved. Especially to an anonymous seller.
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The "hiatus on withdrawals" started on June 20, 2013. 90 days have gone by.90 days is an important milestone. As a rule of thumb, a business creditor that's 90 days behind will probably never pay without coercion. That's when you send an account to a collection agency. There are ways to apply pressure to Mt. Gox. If Mt. Gox owes you money, file complaints with the Japan Financial Services Agency, the US Securities and Exchange Commission, the small claims court in Delaware, and the Japan Payment Service Association (website for complaints: www.s-kessai.jp). Contact reporters at Forbes, Business Week, the Wall Street Journal, and Nikkei Sangyo Shimbun. Raise hell until you get paid everything you're owed or Mt. Gox's CEO is in jail. It doesn't matter if Mt. Gox has problems with their bank. That's their problem.If you're out of Mt. Gox but paid a premium to get out, a suit in Delaware Small Claims Court for any extra fees you paid might work. There's a legal concept, the "pre-existing duty" rule, which usually applies when someone raises the price on something they already agreed to do. You don't have to put up with being jerked around. Fight back. I really feel this is more a fractional reserve issue than a bank issue. Like any fractional reserve situation you want to be the first one out before they declare insolvency. Being a pain in their ass as suggested here is good advice. |
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After a brief exchange, it appears that setting the DNS to 4.2.2.4 instead of 8.8.8.8 (in step 8 of my 9 step plan) fixed the problem here. Another mystery... but maybe that will help you if you still can't connect.
Name: google-public-dns-a.google.com
Address: 8.8.8.8
Name: a.resolvers.level3.net
Address: 4.2.2.1If you don't want a record of every time you type just-dice.com into the URL bar stored on Google's servers and easily correlated to your identity, in addition to making your youtube and netflix not use a geographically close server, maybe just add just-dice.com 108.162.207.227to your hosts file (likely C:\Windows\System32\drivers\etc\hosts) Are people still having problems? |
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Damn! I wish I was lucky enough to even win 0.1 BTC! Wow what a nice amount of winning
Just go there and bet 0.1 BTC on 49.5% odds and you will have a 49.5% chance of winning 0.1 BTC:) IOW, a 51.5% chance of losing 0.1 BTC. 50.5% True, you could make the odds 50% for a payout of 1.98x |
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Gox proclaimed dead. Funeral to be arranged shortly:  Invitations going out soon...  I think Gox will survive this - but they have definitely lost their front-runner status which is not necessarily a bad thing. |
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This coin should be called Cunningham Chain Coin or Bi Twin Coin instead of Primecoin.
It finds chains of prime numbers and helps advance prime number theory and cryptography. Besides, Primecoin such a snazzy name. The ridiculous part about Primecoin is that it's built to cripple GPU mining - if somebody launched a similar currency that wasn't restricted it would blow Primecoin away when it comes to advancing prime number theory. Beyond that, dedicated single-purpose machines could leapfrog anything Primecoin has uncovered in a matter of hours. The entire concept is nothing more than a gimmick, in my opinion. The dev team went out of their way to make Primecoin less efficient. It was not built to be GPU inefficient. It just turns out their plenty of prime # code available already optimized for CPUs which they used to make the reference miner. Making the GPU miner from scratch is difficult. There is one now actually made by mtrlt but it is inefficient and requires much more optimization. Why do haters gotta hate? I think finding primes requires a cpu. CPUs are meant for more complex calculations, whereas gpus are meant for parallel simple calculations, like pixels or bruteforce. Otherwise a computer would only have a gpu. I think you might be right. I think the ultimate primecoin miner may be a parallella. http://www.kickstarter.com/projects/adapteva/parallella-a-supercomputer-for-everyone/posts/547314 |
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This coin should be called Cunningham Chain Coin or Bi Twin Coin instead of Primecoin.
It finds chains of prime numbers and helps advance prime number theory and cryptography. Besides, Primecoin such a snazzy name. The ridiculous part about Primecoin is that it's built to cripple GPU mining - if somebody launched a similar currency that wasn't restricted it would blow Primecoin away when it comes to advancing prime number theory. Beyond that, dedicated single-purpose machines could leapfrog anything Primecoin has uncovered in a matter of hours. The entire concept is nothing more than a gimmick, in my opinion. The dev team went out of their way to make Primecoin less efficient. It was not built to be GPU inefficient. It just turns out their plenty of prime # code available already optimized for CPUs which they used to make the reference miner. Making the GPU miner from scratch is difficult. There is one now actually made by mtrlt but it is inefficient and requires much more optimization. Why do haters gotta hate? I'm not hating -- as a currency, I don't have any issues with it. I'm just saying that, in its current form, Primecoin is a pretty inefficient way to discover prime numbers...so while the "prime" aspect of it makes it different...it's really more of a gimmick than anything. I'm not suggesting nobody mine it...but it's not really the dual-purpose knockout punch many would like people to believe. I welcome anything different...but I think the hype has gone a bit far on Primecoin. In my opinion, it's being billed as something more than it truly is. I'll try one last rebuttle. Primecoin miner was never meant to find new prime #s (it theoretically could but highly improbable). It is meant to find cunningham chains and bi-twin chains. Why are these useful? 1. It helps to advance prime number theory 2. Has uses in cryptography *3. Much like Bitcoin has led to the creation of ASICs for SHA256 and more efficient ways to solve SHA256, if primecoin were to become popular, then effort would be put into making hardware optimized for find prime numbers and chains of prime numbers. Creating more efficient circuit designs for numbers research has scientific merit far beyond just finding chains of prime numbers. Primecoin provides a motivation for such research. There may very well be more useful PoWs, just noone has come up with one which meets the dual criteria of being difficult to compute but easy to verify which is required for a bitcoin-like coin. |
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lowest dividend yet but bitcoin is up. still getting about the same $ / week  It the lowest absolute dividend, but not divident relative to share price which is what is really important. |
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