I am not gonna lie even though this is a very new one and in the world where there is a lot of exchanges and a lot of competition these guys are actually trying to build something out of nothing which is awesome. Maybe they are not giants like binance sure but they look like if anyone of us actually wanted to build a decent exchange.

Additionally, they are not just a regular exchange, they allow IEO on their website as well, doing the token funding stuff and do OTC and zero omissions. They literally have 16 thousand dollar 24 hour volume, it is almost close to nothing, I know coins that are not in cryptomarketcap that does higher volumes right now and that gives me more confidence in these guys than you might think.

If a place makes millions of dollars in profit it makes sense that they work hard but these guys are working hard without making a profit so it shows how much they believe in this project.

Nobody should really put "but I have no money" as an excuse in this type of topic. When I quit my job and decided to be a full time crypto person I had 17 dollars in my name. That was enough for maybe 4 days of living and not a single day more, honestly it took me only 2 days to finish as well. If you want to be full time crypto then you can find work to do everywhere, you can find virtual assistant job, you can find airdrops, you can find bounties you can find signature campaigns. Those are all free to join and gives you money for your efforts.

If you keep making that type of money then you can do affiliate networking, you can sell stuff and make commissions and you can start to trade as well. All you have to do is trust yourself and your talents, you will be on your own feet in no time.

Psychology works on all gambling not just lottery, I mean there is a thing called gamblers fallacy and most of the time it only mentions stuff like "if I lost this many times in a row then I must win the next round" while they gamble which is totally wrong because every bet is same odds in itself and doesn't have anything to do with the previous bets.

This is usually used to talk with people who said they lost like 21 times in a row at a 50% bet and tell them that each bet has their individual results, so if you lose 20 times in a row the 21st one doesn't have anything more or less than any of the previous 20 ones, you can lose 5 times in a row or 50 times in a row and it is all the same. However when you bring psychology into it people think they will win after certain amount of loses.

It is comparison man, not like odds individually makes any sense to me, how they decide one team is 4.6 and not 4.7 or 4.3 I have no idea, like that small tiny movements could be anywhere so I have no idea how they decide on exact that point, hell Lakers was like 4.95... like how is it not 5 or 4.9 and just perfectly at 4.95 I will never know. However when you talk about comparisons then it makes more sense.

For example, Lakers is at 4.501 last I am checking and clippers became 3.8 now (the odds changed since I last checked but it was 4.6 and 4.95 previously) and bucks is 6 plus Sixers is 8.95. That means by comparison its more likely for Sixers to win the ring or bucks to win the ring than rockets, that just doesn't make sense. Don't get me wrong I am gonna love betting on rockets, it gives good odds and I may win or lose but at least they are giving me great odds, its just unfair to nitrogen not the customers so they might as well not change at all .

You guys should change your odds of NBA futures if you can, there is rockets at 11.76 the last I checked and that is really not the case anymore. They got Westbrook over Chris Paul and even though you may think that Westbrook doesn't fit or anything dude at least plays 82 games a season, he has a 75 game per season average even if you include the season he played only 46 games which means even if Chris Paul was better for the team (to me he wasn't) it is still better to have Westbrook for 82 games + playoffs over Chris Paul for 50-60 games with some of the playoff games.

Plus, they got Tyson Chandler to help out Capela and show him the ropes, I am sure Capela will have a break out season thanks to Chandler showing him the path. They should be at least on 6-7 levels instead of 11-12.

The difference between bitcoin and other nations is that whales can only affect the price but not bitcoin itself.

Even if you are huge miner we have seen that people like Jihan Wu and Roger Ver who have controlled the biggest mining operations everywhere failed to bring their own version of bitcoin to life and we moved on with segwith whereas they had to create their own version of bitcoin with bitcoin cash. That is why even though we do have whales and do have some rights and can ruin the economy whenever they want, that will only affect the price of bitcoin and nothing else. That is the freedom we like in bitcoin, a person with a lot of money will not be able to bribe their way into making bitcoin 31 million limited instead of 21, or they can't make the blocks bigger, or times slower or whatever else, it is not possible, that is the type of innovation finance needed.

That will not be going too long because China officially banned mining and most of the huge whale miners already moved to other countries anyway so they will not be controlling the price for too long however the point of miners deciding on bitcoin price still stands because they are the ones that is making money from the new coins plus the transaction fee's which in return they sell and drop the price or at least keep the price lower, if they were to keep those coins and not sell them then we would be in a huge bull run where people would only buy and these millions of dollars wouldn't be sold on market every single day.

It doesn't matter if China controls it or someone else does as a nation, it matters how much miners can affect the price and we should look for a way to slow that down, if miners do not sell too much then we can make more profits.

They will lose 70% of house edge(which is 1.5% of wagering amount) to rest of bet token holders.

You must remember all the bet token holders get the 1.5% house edge and the team only has the 30% of all bet tokens (unless they played as well) which means the shareholders will get it not the team. Hence, on generating fake volume, owners will lose 70% of house edge unless otherwise they have bought 100% of circulating supply.

I assume the falsifying could be only said for the volume of the wagered amounts at the best case and not for the trade volume since they are not traded anywhere at all right now. Even with that in mind how could fake volume would help the team? They would be losing 1.5% of their money they put in and considering they are getting 30% of it back the rest of it will go somewhere else.

Actually its more like 50% right now considering just above 30% of others were mined so they are closer to 40-50 levels right now, which means if they play for 100 dollars on average they will lose 75 cents, for each million dollars they gamble they are losing thousands of dollars.

You can't fake something like that and keep making money, if you think they would do something like that for marketing purposes then you have no idea about the eosbet team, they wouldn't spend money on a signature campaign let alone spending thousands on just volume, if they were really caring about marketing they would have done much more stuff before they got it into volume faking.

It doesn't have to be that way, for example 100 people with 1 ticket versus 1 person with 99 tickets type of thinking is doable as well and might be true but you could also have like 100 tickets total and one guy has 99 of all tickets and there is just 1 ticket left for someone else, that person still can win. So masses with small numbers vs 1% of big ticket holders doesn't have to be the case at all times, since they have a lottery every week sometimes those could change, sometimes just 20 people could own more than half of all tickets but as long as there is 1 ticket left, even in a billion tickets sold, that person could win it all. That is why both of these are possible, it could be the masses collectively being bigger than whales or it could be whales getting most of it but that one ticket being very lucky.

I think it is quite possible. Binance has been the biggest exchange ever since they started and everybody loves them, they are doing everything by the book and for the past 6 years I have been part of the crypto world I have never seen anyone figure out a way to not even worry about 7 thousand bitcoins getting stolen, they are super awesome about those type of stuff.

So, bitmex is big too but they are big because they are offering something others don't and their only rivals are small time places, when binance starts to give margin trading then bitmex will have to share some of its market with binance and eventually binance will start to have more and in this type of exchange the one with more volume will get the lion share of the deal and that would take less than a year for binance I am sure.

I think it was already in the real world, you may think that usa federal laws are the "world" for you but we have talked about this way before. There have been nations with blockchain laws and there have been even usa state ohio that decided to accept crypto related taxes paid to be crypto as well so that is not like the first time.

Yes, this will be the first time blockchain will be in the federal law in written and that is of course a big thing, it does matter a lot because crypto currency is an up and coming thing even after 10 years because it is fraction of all other financial stuff so it is great that it is finally getting in the record as well but that just doesn't mean it is the first time in real world. Look at all other countries that literally have federal laws supporting or banning bitcoin.

I wouldn't mind having an "option" of receiving fiat, that is up to people to decide and if you can have a feature like that and if people prefers to use it then you can keep using it, there is nothing that would stop you. However it should not come with a cost of removing other options, in crypto if you give people a right to do something and take it away from them after a while you should know that you will lose a lot of customers.

This is not just about this issue, it happens in everything, like if you are an exchange that removes one thing then you will lose customers, if you are a cloud mining and remove one thing you will lose customers, if you are a wallet website and remove.. you got the point. So I would suggest sure add the fiat thing but also keep the crypto as well.

Signature campaign is not enough by itself, I mean it is the most important thing and without it you will not get too big for sure, that is why you have to have a signature campaign if you want to start a new casino. However with it you should also have some promotions that you use on your campaign, for example do not just have "cryptodicegame" and a logo on your signature campaign, have a good promotion in there as well and that would make you go off higher very quickly. If you spend a decent amount of money on support plus marketing there is no way stopping you.

Windice is a new place and they literally started their topic on march and they already passed the 90 million bets mark, that means if you do marketing well enough and spend a ton of money at the beginning, in the end you will start to profit as well.

I think app doesn't seem to be the only problem they have. I mean surely that is the number one issue for sure, why would anyone download an app just to gamble when they could just do it with a browser based one anywhere they want ?

If you are creating extra workload for your customers then you will not get too many customers so with the app idea you will not get big at all and it would cost you to keep giving out promotions which in the end will result with you closing the app all together.

However, even if you manage to make it browser based and try to make it like a genuinely good place in the end if you are looking to give this out each time it happens it would require a ton of money and I would doubt anyone would believe you without some escrow wallet account automatically paying for each time it happens. Otherwise how could we trust you would pay for it.

That's the bad part of pyramid, technically speaking it can't run forever because there is a limited amount of money plus limited amount of people. So, no matter how long it goes on in the end every single person would be involved in that pyramid and then there won't be a new person to join.

I know it makes no sense that 8 billion people would join a new pyramid scheme but in the end that is what a pyramid scheme is, even if 8 billion people joins the last ones will be the ones that will hold the loses. So no, a pyramid can't run forever and yes no matter how big it is in the end a pyramid is a pyramid and its a scheme that will end with people losing because that is how the system works, the last of the line will hold the losses. There is no way around it or a solution for it.

I don't even mind us getting watched by facebook for actually good reasons at all, I mean for example if I am a person that likes
basketball and NBA and when I go to facebook or instagram and check out those type of things and after that I get an advertisement about some NBA jerseys or stuff related to basketball that is just good business, I would totally understand that and I would accept it. They can get my information about what type of person I am and then give me advertisements according to that.

However, they are just giving away political information now as well and they are giving away personal information along with just "likes and dislikes" type of stuff, like even your pictures as well. That is why I think there should be a limit, yeah they should have some info because that is how they make money but they should not have excess amount of info.

I think leo should not be really considered at all, that wasn't really an IEO like the other ones.
However I feel like when there is a chance of an exchange actually listing a coin right away why would anyone invest into ICO?

We all know many ICO coins that actually got funded but never seen the face of any decent exchange, so lets assume there is a coin that will be listed right away on binance and you have a shot at buying it for cheap, wouldn't you buy it too? That is why they are getting for example listed at x2 the amount you buy for and get funded so quickly, its like a trick, if you are not there when its listed you lose money but if you are in first seconds of the listing after the funding part then you are going to make a lot of profit in very quick amount of time.

People really have no clue what bitcoin is at certain ages. You can make a 20 year old understand what bitcoin is in under 15 minutes, you can make a 40 year old understand what bitcoin is in couple of hours by answering all details of their questions, but you can't really make a 60+ year old understand bitcoin that easily, of course there are some people who will understand but they are not the standard, they are the niche so that is why there will some bans here and there.

Politicians are usually old people, they have no idea what they are voting for and only listen to what others told them about it or they just have a agenda in their mind they are not willing to change, that is why for years we will have these old people who grew up in no tv's in every room type of age and in 20-30 years our politicians will be better people.

I think it would require a lot of time and effort to make a list like that and only people who would be paid by stuff like that would do such a thing like crypto article websites and so forth in order to get clicks.

I would say I wouldn't care about the fees and so forth until we sort out the trust issue, I mean lets say you found a place with low volume and they have close to zero fee, they do not charge you anything for deposit like many others but they also give you option for free withdrawals if you are willing to wait so they do batch withdrawals (or pay little for quicker) and their fees are like 0.0005% for example on trading etc etc, everything is nice.

What happens when they get hacked? Are you sure you trust them to not get hacked or get hacked but continue operations? Binance may not be the best one in fee's but they have amazing trust with the public, I wouldn't pick any other.