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181  Bitcoin / Bitcoin Discussion / Re: Would you still use Bitcoin if it stabilised at around USD$5000? on: October 06, 2017, 12:35:30 AM
Interesting question, because if bitcoin would become more popular (which I hope), it automatically implies that the price should go up.
This question of yours means that there will not be a growing interest in bitcoin.

If I know now that in the future there will be not more interest, why would I spend more time and/or money in it? I love crypto's because I think they are the future. If there is no future for bitcoin, what is the point?
182  Economy / Gambling discussion / Re: What leverage do you use on bankroll investments? on: October 05, 2017, 04:03:27 PM
I prefer to take more risk when investing as well, since in the long run it will earn you more Cheesy However 50x at bustadice is a bit too much for me.

However, if you look at yolodice for example, 607 of the 663 BTC invested, is invested at 10x leverage. So as long as no whales are betting, you are making almost the same as if everyone had no leverage.
183  Economy / Gambling / Re: ★Crypto-Games.net ★ 10 coins ★ 7 games ★ Since 2014 ★ Largest Crowdfunded Casino on: October 05, 2017, 03:57:31 PM
Hey Crypto-games,

I noticed you have a server update/restart earlier today, but it seems that something is not working properly.
When I go to my affilitates, and I click on 'detailed view of invited players', I get an server error (which can be seen here: http://prntscr.com/gtnysn.
Can this be fixed? Thanks.
184  Alternate cryptocurrencies / Mining (Altcoins) / Re: Probability of finding a Block ! on: October 05, 2017, 09:26:20 AM
The probablility to find a block is determined by the current bitcoin difficulty, and the amount of hashing power you have. The hashing power stays the same (or might decrease, because technology doesn't last long), and the bitcoin difficulty is recalculated every 1024 blocks, based on how fast the previous 1024 blocks were found.

Since more and more people start mining, and since people get better and better equipment, the difficultiy increases over time.

If you mine for 60 days, and everyone mines exactely the same as they do now, the difficulty will stay the same.

At least, this is true for bitcoin. Most altcoins are based on the same principal, but might differ.
185  Economy / Gambling / Re: [Overview of all bitcoin casinos] Latest update: 01-10-17 on: October 04, 2017, 10:43:27 PM
With it's competitions/contests I think Yolodice should be at number one website in your list. As more than 13 competitions/contest has been done and more than 10 btc has given out and continue..... And it's been just around 11 months since the site started.

Yup, they are for sure a good website. That's why I have placed them on top of the list. Please open your eyes before responding to this thread.
186  Economy / Gambling / Re: [Overview of all bitcoin casinos] Latest update: 01-10-17 on: October 04, 2017, 11:27:26 AM
there are slots at Bitvest  (bitvest.io)
its an original game,not connected to any of the game's provider

Yes, I know about that. The same story goes with nitrogensports. They both offer one customized slot. I thought about putting it in the list, but in the end I decided not to do it, because I wanted this list to be a complete list of casinos that offer a wide variety of games, which is not the case with those 2 sites.
I do think they are both nice websites, but the slots part is just not what I am looking for to put in the list.


not sure if that qualifies,but you could add the site in one of your tables::
https://bitcointalk.org/index.php?topic=2219681.0
bustadice.com its a new project from the owners/creators of moneypot
looks very promising,imho,managed to collect a pretty hefty bankroll before the launch

Yes, I have seen that, and I will put them in the list as soon as I update it.
187  Other / Beginners & Help / Re: Paper wallet questions on: October 03, 2017, 02:58:00 PM
Yes, bitaddress.org is a fine choise.

The address doesn't need to get into the system, because it's already in there.

It's important to disconnect your computer before generating the address, because you might be hacked or something. When the internet is turned off, you can visit the page more safely.

After generating the address and private key, you can either print it out or write it down. After that, you can close the webpage, and reconnect to the internet.

Then you can send the bitcoins to the address that you've written down/printed out. And yes, you can send multiple transactions without any problem. As long as you don't lose your paper or share the private key with anyone, you should be safe.
Whenever you decide that you want to use the bitcoins, you can import the private key in a wallet, and send the bitcoins to wherever you like.

If you have put your bitcoins on the paper wallet before the fork happens, you have indeed both coins on both forks. You have to import them into your wallet for both forks.

You can decide to follow just 1 chain, and import it only into the wallet of that coin, but you will be able to do it for the other chain as well on another moment.
188  Alternate cryptocurrencies / Pools (Altcoins) / Re: Best Pool for mining on: October 03, 2017, 10:58:46 AM
Techinically speaking, it doesn't matter which pool you're using. Hell, you could even run on your own, in the long run you'll earn the same.
For more plat payouts, I'd join one of the larger pools.

Anyways, I'm not sure if your PC will be able to mine 1$ a day. It's really hard to earn money by mining with a normal PC these days. Also, you'll not be able to use your computer for normal activities.

If you really want to join the mining race, you should buy an ASIC miner.
189  Economy / Gambling / Re: bustadice Next Generation Dice (dilution fee waived during prerelease!) on: October 03, 2017, 10:25:36 AM
Just 3 hours to go, and the bankroll is looking pretty healthy!

So at launch it looks like the max-profit is going to be >21.645 bitcoin ($93k USD at current prices). As far as I can tell, this is the largest max-profit[1] of any bitcoin casino at the moment. Or anyone aware of something bigger? Hopefully the whales take note  Grin


[1] Sites like bustabit have a bigger max profit, but they constrain the max-bet. So I'm looking at it from the perspective someone trying to do something like a 2x bet

As you can see in my casino overview thread, Primedice has a max win of 50 BTC. I couldn't find it on their site, but I've asked around a bit, and it seems that it's 50 BTC. It isn't confirmed by a mod or something, but it looked like everyone agreed on that amount.

Still an impressive result I'd say. I'm looking forward to the launch in a few hours Smiley
190  Economy / Gambling / Re: bustabit.com -- The Social Gambling Game on: October 02, 2017, 07:47:17 PM
Hi, is the site still actively working or it got closed as i am not able to open the site for the past more then 1 hour, Below isthe message i am receiving it when trying to open the site in Google Chrome and Mozilla Firefox browers

This site cant be reached

www.bustabit.coms server DNS address could not be found.
DNS_PROBE_FINISHED_NXDOMAIN


Can anyone confirm that the site is still working or not. as for the past long time i have not used the site and today only i am trying to open as wanted to play some game.

No problems here. It's most likely on your end.
I have google chrome, and it works just as good as other days.
191  Other / Beginners & Help / Re: User ID? on: October 02, 2017, 01:56:15 PM
Why i can't see this ID?

You can, but you are doing something wrong.

It's really eazy. Just follow the next steps:

1. Click on profile (in the top of the screen).
2. Click on 'summary' on the left side of the page.
3. Check the URL bar in your browser.
4. The number after 'u=' in the that URL bar is the number you are looking for.

Always happy to help  Smiley
192  Economy / Gambling / Re: [Overview of all bitcoin casinos] Latest update: 01-10-17 on: October 01, 2017, 10:11:35 PM
The cathegory Slots have been added. ou can check it out (together with the other games) in the OP.

Here is the list:



Slots


|
Name
|
Rating
|
Amount of games
|
Smoothness
|
|FortuneJack|8.6/10|9/10|8/10|
|BetChain|8.4/10|9.5/10|6/10|
|CloudBet|8.4/10|9/10|7/10|
|BitStarz|8.2/10|9/10|5.5/10|
|BitDice|7/10|6/10|8/10|
|BetCoin|6/10|7/10|4.5/10|
|BitCasino|5.5/10|4/10|7.5/10|


As always: any feedback is appreciated, and will be taken in concideration.
193  Economy / Gambling / Re: bustadice Next Generation Dice (dilution fee waived during prerelease!) on: September 30, 2017, 11:37:49 PM
Congratulations on the launch!

I'm obviously pretty biased (as a partial owner), but I am really excited about this site and it's future.

So, if I see everything correctly, you are both (partial) owner of bustabit and bustadice? Or is bustadice just the site that 'evolved' from bustabit?

Anyways, good to know that you're involved here as well. That gives me enough trust to invest here  Grin

Another question: what is the model that should make profit behind this? Is there a commission on profits for the investors?
194  Economy / Gambling / Re: bustabit.com -- The Social Gambling Game on: September 30, 2017, 03:15:43 AM
@RHavar I do like the layout of the beta (I guess ??), but one question remains.

Why exactely are you wanting to built in the investment feature? Is the current bankroll not large enough to sustain large bets? Have there been requests for making a higher max bet (I don't know if it exists, but I can imagine so).
195  Economy / Gambling discussion / Re: Dice Game Bankroll Question on: September 30, 2017, 12:54:44 AM
First off: you can start tiny with a bankroll size of about 10 BTC, where you allow a max win of .25% of the bankroll: 0.025BTC.

If you want to compete with the larger guys, and have a max win of around 10BTC (or maybe ever larger), and assuming you don't want to risk too much of your bankroll, you will need at least a 4000 BTC bankroll.

Also, don't forget that the amount is probably even higher, because there are all kind of expences that you have to pay.
196  Alternate cryptocurrencies / Altcoin Discussion / Re: All ICOs Banned in South Korea on: September 29, 2017, 08:37:42 AM
If this is true, then finally another (relatively large crypto) country realizes what is the right thing to do.

Of all the ICO's out there, only a tiny amount is not meant as a scam.

The ICO's are the place where so much money is collected from innocent investors, and dumped on the market (which causes the price to fall). So yeah, ICO's are partly responsible when it comes to a bearish market.
197  Economy / Gambling / Re: BITDICE - 🎲🎲🎲 ICO ANNOUNCE 15 AUG 2017! JOIN THE TRANSFORMATION! 🎰🎰🎰 on: September 29, 2017, 01:05:12 AM
My ETH address was input on the site, The CSNO token has been added to MEW and i still have not received my tokens!!!

What is going on, they won't respond to anything. Is this a scam or what?
You just need to relax. No, it's not a scam, this site is legit. you need to add the token custom to myetherwallet. After you've done that, it should show up.

If it still doesn't work, just pm Alex, or contact him via the Slack site, or in chat on the bitdice website.
They can look into any problem you're experiencing.
198  Other / Meta / Re: Stake your Bitcoin address here on: September 27, 2017, 10:00:27 AM
Please quote this, thanks  Smiley

Address: 15okjRir8SguTyDnPmksp8oeCX7mZKQcpj

Message: This is Josepht on bitcointalk.org. The current date is September 27th 2017

Signature: Hynktzckyv5MyEj7gqIM+wSH5ol/+0546CCppLcWPB58VOiJY46Ver0F663GoDn4iMLYqj80M7GoqUgLWnJSGgs=
199  Economy / Gambling / Re: SafeDICE.com ★ Bitcoin Dice ★ Monero ★ 0.5% Edge ★ Fast Cashout ★ Since 2014 on: September 27, 2017, 09:27:08 AM
- I strongly feel the variable house edge system should be scrapped, and instead, the house edge increased a little bit, say to perhaps 0.7%. I've looked at the mathematics behind variable house edge, and it's too risky for investors. Site currently allows a max win of 57 BTC with a bankroll of only 184 BTC. Thats THIRTY percent of the bankroll! I get that the higher edge is meant to make up for the increased risk to investors but imo it's only a matter of TIME before the bankroll is wiped again, like it was earlier in the year. If I was an investor I would be concerned. You can remove the variable system and make the max bet a max of say 2% of the bankroll. If investors want more risk, you can offer a greater kelly factor for these guys.

It seems insane to set the max bet to 30% of the bankroll. That's so much higher than other sites. Certainly the max bet could be substantially lowered without hurting the ability to attract players? How can investors sleep soundly at night when it's possible for a few lucky whales to clean out the site? Everything else about SafeDice is impressive. The owner gets a lot of flak but if you read this thread you'll see that he always comes through.
I do see your point, but I don't fully agree with it. Although there is indeed a chance for the investors to lose big, you need to realize that the house edge is massive with insane large bets. If you bet 25BTC at 2x payout, there is a 2.18% house edge.
Any whale who would like to make big profit would take a massive chance of losing. They would be mad to play here with those large bets. They would be way better of to gamble somewhere else with a fixed 1% house edge.

If the whales you are concerned about are logical thinkers, they wouldn't bet more then 11.5BTC (at 2x payout), otherwise they'd go to other sites.
200  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Just-Dice.com : now with added CLAMs : Play or Invest on: September 26, 2017, 10:44:27 PM

If someone comes and starts betting for max profit and winning it, investors wouldn't be able to buy the needed CLAMS to deposit them, even if they are online and ready to buy them in an exchange (totally unrealistic). Actually, there aren't even enough CLAMS being offered in exchanges to buy them in that scenario (357703 are available on Poloniex now, that's only about 40% of the insite bankroll, and that obviously includes those listed for way more than the current price, like a 190345 clams sell order for BTC0.008 each, about 4 times the current price). An scenario like a short squeeze would occur in that case. It's just not possible to buy back hundreds of thousands of CLAMS.

I don't see the problem? If there are 357.703 coins available to be bought on polonies (there are probably other sites who sell the coins as well), and the max win is 70k-ish, everyone would be able to buy their CLAMS back.


What you are allowing, which is basically leverage, wouldn't be that problematic if it wasn't because Just-Dice bankroll is about 1/3 of the total supply of this coin, and average leverage is 1:15. The scenario of someone betting for the max profit may be unlikely, but it just makes no sense to risk getting in that situation. In that scenario, only those that aren't lying with their insite+offsite bankroll (which is probably just a minority of people as you are forced to be at 1:25 not to be deluted) would be able to bear the downswing. Meanwhile the rest of investors would be losing about 7% of their CLAMS in each max profit lost bet, instead of the optimal 1% or a conservative 0.5%.

I don't see the problem here either. As an investor, you have the choise to take a higher risk, you don't have to if you don't want to.
Personally, I like to have more profit as an investor, so I do take a higher leverage when I invest. If I lose bigger, I realize that it's part of the game, but in the long run, I'm making more money.
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