Perhaps you should have a date when the price hits a certain value. What if it hits 1000 before May? It would be crazy but someone will just pick the date right near the end.
What happens to extra money after the 1 BTC?
If it hits $1000 before May 2014 then that's the luck of the draw, as we get closer to $1000 ppl will choose more & more of the available dates, like snaffle up the whole of May & June say as it's only 0.01 btc entry per date, 0.31 BTC for either of those entire months. Your idea to pick a cut off price instead is good though, so if more ppl request this then I'll change it, what would you suggest $500? Or perhaps both, which ever happens earliest $500 or 1st May 2014 could work best? All money sent to the prize address is to be paid out to the winner. My 1 BTC donation to the prize plus 100% of all entry fees & any extra odd random amounts that may be received there. Edit to add & of course any donations to the prize fund, like 600watt's generous 1 BTC now added. |
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Summary Page ...will edit to add dates chosen ... see latest posts in thread, this may already be all over... 2013 http://www.timeanddate.com/calendar/?year=2013... available ...2013 11 30 Equus (1 day) ... available ...2013 12 01 to 2013 12 13 inclusive - dabbad (13 days) 2013 12 14 to 2013 12 26 inclusive - dabbad (13 days) 2013 12 27 Equus (1 day) 2014 12 28 to 2014 12 31 inclusive - Otoh (4 days) 2014 http://www.timeanddate.com/calendar/?year=20142014 01 01 to 2014 01 26 inclusive - Otoh (26 days) 2014 01 27 to 2014 03 24 inclusive - steelboy (57 of 61 days) 2014 03 25 - 600watt (1 day) - who " in addition donated 1 btc for this nice betting game  " 2014 03 26 to 2014 03 29 inclusive - steelboy (4 of 61 days) 2014 03 30 to 2014 04 28 inclusive - rpietila (30 days) 2014 04 29 to 2014 06 01 inclusive - Hannah (34 days) 2014 06 02 to 2014 06 16 inclusive - Otoh (15 days) 2014 06 17 Equus ... available ...2014 07 01 to 2014 07 31 inclusive - sgbett (31 days) 2014 08 01 to 2014 08 31 inclusive - Scott J (31 days) - who in addition, kindly donated 0.03 BTC extra to the pot  ... available ...2014 10 02 Equus (1 day) ... available ...2014 11 01 to 2014 12 01 inclusive - Hannah (31 days) 2014 12 02 to 2014 12 31 inclusive - Otoh (30 days) 2015 http://www.timeanddate.com/calendar/?year=2015... available ...2015 06 17 Equus (1 day) ... available ...2016 http://www.timeanddate.com/calendar/?year=2016... available ...2016 06 17 Equus (1 day) ... available ...   Pot atm: 5.25 BTC
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I'd like to do a similar competition to those that I've done in the past (see under Rep in my sig), this time to forecast when 1 BTC = $1,000.  I have put 1 BTC in as a prize, but due to there being many ppl with multiple accounts now on the forum there will be a small entry fee this time which will be added to the prize jackpot. So you can now enter as many times as you like with the same forum ID, but for each date chosen you need to send 0.01 BTC to 1Thousand & add a Public Note in blockchain.info wallets with the date/s that you've chosen, plus your forum ID if you want. Alternatively post your chosen date/s here along with your transaction ID - please don't edit your dates except for typos/clarity, my rules & common sense, i.e. if someone puts the same date as one already chosen the first person wins it & ambiguous dates will be void. If you choose a date/s that are already taken then I'll ask you to change it, or allocate the next available date/s to you. The blockchain will be used to show the order of the entries received, rather than by the posts here & the dates chosen/allocated will be those shown in post #2 here. Please express dates as YYYY MM DD or as 29th Feb 2017 say, entries will be closed on the 1st May 2014 when the Bitcoin price hits $500 (but this may be extended by popular demand up to say $750-ish if the majority of those playing wish). Closest guess wins obviously, dates are by GMT/UTC time. If your chosen date/s have already been taken, then you will be allocated the next available dates. Price to be taken as on the highest volume exchange at the time, ie atm it's Mt. Gox. Edit to add, see jimbobway's post, also a trust or fund, ETF etc, (like WBT or BIT), even an FBI auction for that matter, if it has the highest volume on the day & the trade is public (Bloomberg terminals count), then yes that would definitely be OK. All funds sent to the entry address will go in to the jackpot, check the current balance here, no refunds will be offered. My rules & common sense for anything overlooked or unexpected. See post #2 for a summary of entries to date, which updates every so often, but quite often, at least daily usually atm. SummarySend 0.01 BTC per date chosen to: 1ThousandAF3VeVnQtteX6htvjZoREs35Add a Public Note with your date choice/s or post here with your tx ID & date choice/s. If your chosen date/s have already been taken, then you will be allocated the next available dates. First come, first served. Good luck! |
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Maybe ask http://bitcoinreviewer.com to take a look at the site, or hopefully they will anyway - they've only recently reviewed just-dice so it may be a while before they get around to it. |
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BTC $M Party, I expect I'd be there Ich bin ein Bitcoiner  The DPR FBI seized 173,991 coin stash would then be worth $173,991,000 |
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Yep Synthetics better change to Silks, or swap over Delicates & Synthetics maybe, I'm not very up on doing laundry myself.
I think that's a guy thing, OTOH! You could be right there Deb ;-)  I expect that if we drill down a little, then we'll find laundry some where towards the top of this graphic, I've already spotted cleaning up there. |
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not sure if maybe theres just no message or anything but i'm trying to withdraw and when i input my address and amount and press withdraw nothing happens, no dialog like "withdrawal processing" or similar but its still showing a balance so i'm guessing its not going through. help?
Make sure that you got the address & amount in the correct boxes, I think I muddled them up once & if C&P to make sure that there is no space before or after either as some sites can't cope with that. Also obvious, I assume you divested, if invested before, so that you have the amount to withdraw in your available balance. |
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Agreement between gusti and Otoh.
This agreement is for gusti to pay Otoh the difference over strike
price of $2 / LTC trading price for an amount of 4000 LTC, at any
given time choosen by Otoh before April 24th, 2014.
Price is based on btc-e exchange USD/LTC rates, and can be executed
at any chosen time before expiry, for the price at the time of
request, to be verified by time stamped post in this same thread after
a maximum of 48hs of choosen price.
Payment will be made by gusti to Otoh in equivalent BTC for the USD
amount, with price at time of call based on BTC/USD from Bitstamp, to
be verified by time stamped post in this same thread.
e.g. if price at chosen time is $3 / LTC, gusti will pay to Otoh the
amount of $4000 equivalent in BTC.
If strike price is not reached before this agreement expiration date,
no payment will be made from each party to the other.
In return, Otoh is paying now to gusti a one-time, non-refundable
premium of 1000 LTC to address :
LYQYPTRMGdc91vKhvqoGwQygHJJ8QRBCjg
Accepted, many thanks gusti, 1000 LTC sent to LYQYPTRMGdc91vKhvqoGwQygHJJ8QRBCjg tx ID: 1deb88328cc08634a6bb4bb9b6cd9b979d2dda7220a344c04991286da36f2c18 http://block-explorer.com/tx/1deb88328cc08634a6bb4bb9b6cd9b979d2dda7220a344c04991286da36f2c18 |
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Agreement between gusti and Otoh.
This agreement is for gusti to pay Otoh the difference over strike
price of $2 / LTC trading price for an amount of 1000 LTC, at any
given time choosen by Otoh before April 24th, 2014.
Price is based on btc-e exchange USD/LTC rates, and can be executed
at any chosen time before expiry, for the price at the time of
request, to be verified by time stamped post in this same thread after
a maximum of 48hs of choosen price.
Payment will be made by gusti to Otoh in equivalent BTC for the USD
amount, with price at time of call based on BTC/USD from Bitstamp, to
be verified by time stamped post in this same thread.
e.g. if price at chosen time is $3 / LTC, gusti will pay to Otoh the
amount of $1000 equivalent in BTC.
If strike price is not reached before this agreement expiration date,
no payment will be made from each party to the other.
In return, Otoh is paying now to gusti a one-time, non-refundable
premium of 250 LTC to address :
LNfmTyj5G9FEP1sxQFEDWxXCcihs3NZTTR
Accepted, many thanks, sending 250 LTC to LNfmTyj5G9FEP1sxQFEDWxXCcihs3NZTTR now. Transaction ID: d2d36bf7b20009ec673638350117157cfd743cd1be579475116c167fce545795 http://block-explorer.com/tx/d2d36bf7b20009ec673638350117157cfd743cd1be579475116c167fce545795 |
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Agreement between gusti and Otoh.
This agreement is for gusti to pay Otoh the difference over strike
price of $250 / BTC trading price for an amount of 10 BTC, at any
given time chosen by Otoh before October 24th, 2014.
Price is based on Bitstamp exchange USD/BTC rates, and can be executed
at any chosen time before expiry, for the price at the time of
request, to be verified by time stamped post in this same thread after
a maximum of 48hs of choosen price.
Payment will be made by gusti to Otoh in equivalent BTC for the USD
amount, with price at time of call based on BTC/USD from Bitstamp, to
be verified by time stamped post in this same thread.
e.g. if price at chosen time is $300 / BTC, gusti will pay to Otoh the
amount of $500 equivalent in BTC.
If strike price is not reached before this agreement expiration date,
no payment will be made from each party to the other.
In return, Otoh is paying now to gusti a one-time, non-refundable
premium of 2 BTC to address :
1Jr5PEKu7tEdX683jHjYfNsGdjuFeFwLf2
Hi gusti, sounds good, with common sense expected from both parties if any unforeseen occurrences like Bitstamp closing (to use the closest alternative exchange or average). Sending the 2 btc now, will edit or post for the tx. Btw, if you'd like to offer the exact same contract I would be happy to take that also on the same terms for myself & my charity fund as this one is basically on behalf of ScottJ, many thanks, Otoh. |
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Yep Synthetics better change to Silks, or swap over Delicates & Synthetics maybe, I'm not very up on doing laundry myself.
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It turned out they were doing their washing at a well known bitcoin laundromat, and the laundromat was using Just-Dice as a pre-wash / short term storage location. The owner of the laundromat has assured me he will stop sending his dirty coins to Just-Dice. Lol pre-wash, if I ran a laundry service I'd offer that plus: Recommended settings:Quick - hacks & low level scams, petty thefts, personal use weed Hand-wash - important hacks, fake own hacks, large scams & thefts Wool - illegal merchandise sales & wholesale purchases, tax avoidance Delicates - blackmail, extortion & bribery Synthetics - ransoms & hit-men contracts Extras:Conditioner Strain removal Tumble drying Spin drying Fast cycle Hung out to dry |
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misread that/ or it was different earlier on. Still doesn't make sense with the amount JD has.
Most of the 3% HE betting was yesterday, but the previous days have been higher than the 1% too, you can see here: https://dicenow.com/#filter=.investI'm not sure what you find doesn't make sense, one could say the same for JD compared to SD when it started maybe, anyway it's good to see some further innovation in the dice world especially as it implements some of the features ppl have been requesting here for JD, I hope it does well, as the creator is from east Asia & is fluent in Chinese it will be interesting to see how things go when the site is translated & marketed there, my main interest is the ltc investing/gambling option & also trying out different kelly rates. |
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Looks like a new dice competitor with a slick design is now offering investors 1%, 2% or 3% house edge. Combined with leveraged investment with a kelly ranging from 0.25 to 10x.
Can we please get a custom kelly at least? Being able to use leverage would reduce counterpart risk for investors, and would reduce the site owner from being a target of extortion/ransom/violence.
What's really amazing is that if you look at the number of bets and the amounts bet the 3% pool has a considerable amount of action. I would not have thought this possible as it seems illogical why anyone would choose to shoot against a 3% house advantage rather than a 1% are higher limits really that attractive? Dooglus, I know you keep an eye on the competition, but checking this out may be a worthy use of your time, there may be more of an opportunity for a higher house edge on JD than I would have thought. Yep, plenty of innovation from DN, doog any plans for JD to copy implement some of these features? Not talking about the anime backgrounds & UI animation btw. Re ppl choosing 3% HE over 1% HE, there is a higher bank roll available to play for on the 2% & 3% HE so it may be that, especially on the first day or two - now there's more investment spread out over the 3 options, or maybe ppl were doing Martis which took them in to the higher HE range for larger bets after a few losses playing on lower HE %. I played at 3% HE right at the beginning as there wasn't much investment in then & max profit was like 1 ltc or something at 1% HE, now it's about 10 ltc at 1% HE & 100 ltc at 3% HE. As neat as that site is, it boggles me that a 1-3% slider exists. A smart investor would just put money in the 1% because it gets far more play then 3%. regardless of the odds an investor gets a lot more investing 1 BTC in 1% with 1000 rolls than 1 BTC in 3% with 100 rolls. Not to mention JDs bank is significantly more than this site's. Unless a user wants to win thousands of BTC, why bother? especially since 99.99% of bets will be able to be covered by the usual 1%, it's a bad bet for investors anyway. The BTC 3% has had 10.82 btc wagered so far, whereas the BTC 1% has had 0.68 btc wagered so far, therefor the 3% is actually getting far more play in money terms than the 1% atm. With LTC it's about 1000 ltc wagered on 1% versus 500 ltc approx on 3%. https://dicenow.com/#filter=.sitestatsIf ppl wish to invest &/or bet in LTC it looks a good place for that & also the action for 3% HE BTC has brought investors by far the best return currently. They also have a simple UI option now instead of the anime. |
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Good to have the choice of a simple UI, here's the posts so far made on the Just-Dice invest thread about dicenow btw: Looks like a new dice competitor with a slick design is now offering investors 1%, 2% or 3% house edge. Combined with leveraged investment with a kelly ranging from 0.25 to 10x.
Can we please get a custom kelly at least? Being able to use leverage would reduce counterpart risk for investors, and would reduce the site owner from being a target of extortion/ransom/violence.
What's really amazing is that if you look at the number of bets and the amounts bet the 3% pool has a considerable amount of action. I would not have thought this possible as it seems illogical why anyone would choose to shoot against a 3% house advantage rather than a 1% are higher limits really that attractive? Dooglus, I know you keep an eye on the competition, but checking this out may be a worthy use of your time, there may be more of an opportunity for a higher house edge on JD than I would have thought. Yep, plenty of innovation from DN, doog any plans for JD to copy implement some of these features? Not talking about the anime backgrounds & UI animation btw. Re ppl choosing 3% HE over 1% HE, there is a higher bank roll available to play for on the 2% & 3% HE so it may be that, especially on the first day or two - now there's more investment spread out over the 3 options, or maybe ppl were doing Martis which took them in to the higher HE range for larger bets after a few losses playing on lower HE %. I played at 3% HE right at the beginning as there wasn't much investment in then & max profit was like 1 ltc or something at 1% HE, now it's about 10 ltc at 1% HE & 100 ltc at 3% HE. As neat as that site is, it boggles me that a 1-3% slider exists. A smart investor would just put money in the 1% because it gets far more play then 3%. regardless of the odds an investor gets a lot more investing 1 BTC in 1% with 1000 rolls than 1 BTC in 3% with 100 rolls. Not to mention JDs bank is significantly more than this site's. Unless a user wants to win thousands of BTC, why bother? especially since 99.99% of bets will be able to be covered by the usual 1%, it's a bad bet for investors anyway. The BTC 3% has had 10.82 btc wagered so far, whereas the BTC 1% has had 0.68 btc wagered so far, therefor the 3% is actually getting far more play in money terms than the 1% atm. With LTC it's about 1000 ltc wagered on 1% versus 500 ltc approx on 3%. https://dicenow.com/#filter=.sitestatsIf ppl wish to invest &/or bet in LTC it looks a good place for that & also the action for 3% HE BTC has brought investors by far the best return currently. They also have a simple UI option now instead of the anime. |
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Bitcoin's Horoscope for week of October 24, 2013
Have you thought about launching a crowdfunding campaign for your pet project? The coming weeks might be a good time. Have you fantasized about getting involved in an organization that will help save the world even as it feeds your dreams to become what you wish to be? Do it! Would you consider hatching a benevolent conspiracy that will serve as an antidote to an evil conspiracy? Now is the time. You're in a phase of your astrological cycle when you have more power than usual to build alliances. Your specialties between now and December 1st will be to mobilize group energy, round up supporters and translate high ideals into practical actions.
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