Any update on adding LTC for investors in the bankroll  |
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Looks like sites with tokens as their bankroll are having a rough time and also safedice doesn't seem safe for me they are manipulating the profit in my opinion And as always like last year also yolodice saves the day , thanks for these updates it encourages me to invest No worries. I guess everyone is learning that gambling ICO's might not be the best move right now!  |
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Around three weeks back bitdice was recovered nicely but now again started to go back. You lost a lot of money on those two ICO projects. I think you have missed the chance of recovering back some losses from bitdice couple of weeks and now not sure how long you may need to wait for it to rise. Around in five months time, you lost around 18%. Since bitcoin prices came down a lot so you manage to recover some of your losses from Bitdice and Betking. I feel that if Bitcoin prices go up then you may lose more from these two investments. Are you planning to withdraw if you can recover back your losses from these two investments? I had sold my bitdice(CSNO) and betking(BKB) token since last year since their has no development for too long those times, I already lost 40% of my investment, luckily that selling idea came in my mind before and I think that investing in Gambling site ICO is not profitable anymore due to many competitors in the market. They just want to safely exit and distribute the share of casino to people while they are holding tons of supply. But still they have the profit. Yes, that money you can invest in some other coins or projects to grow faster. Luckily I didn't invest in these two projects. Hindsight is always nice. I am actually starting to look at Etheroll right now with the token price crashing a lot. |
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I just hate that he does not really reply on any of the message here but just keeps on posting his stats.
He used to talk to people on the thread some time ago... What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.
The casinos were very smart, they took investor's Bitcoins and gave them these worthless tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process. Some slow profit from traditional casinos, but better than nothing!  Give the tokens time! This is a 52 week experiment! I understood that you want to wait for 52 weeks but I strongly feel that by that time Bitcoins may recover back from this current downtrend and you may lose more percentage of your investments in terms of Bitcoins in Bitdice and Betking. But your profits in USD still may grow because of casions mostly give profits in the long run. Let's see I will be waiting until the end. |
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Are the tokens Ethereum or Bitcoin based or completely off any blockchain, is the project restricting itself to BTC or would consider alt coins as well. I can think of ETH based tokens related to gambling operations and setups that should prove profitable longer term, it'd be interesting to hear peoples opinions of their viability. Some are esports based token ventures for example which is possibly a newer area then the tradational stuff?
ETH based tokens and dividends paid in ETH. I am trying to sticks to BTC and tokens, but would look elsewhere. |
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I just hate that he does not really reply on any of the message here but just keeps on posting his stats.
He used to talk to people on the thread some time ago... What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.
The casinos were very smart, they took investor's Bitcoins and gave them these worthless tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process. Some slow profit from traditional casinos, but better than nothing! Give the tokens time! This is a 52 week experiment! |
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Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks. I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation. Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher. Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much. Maybe so... I also have seen the profits in traditional casinos have stagnated. Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest.  I think today many gamblers using altcoin to bet because bitcoin price is really expensive and it is better to use bitcoin for another purpose. with altcoin, we can buy a lot of amounts and we can play gambling all day long although this is not a good idea to us. but since the altcoin price is down too far, we can use altcoin to try to make a profit in gambling games but I don't recommend to do this just to case the profit. I just hate that he does not really reply on any of the message here but just keeps on posting his stats.
In 20 weeks overall you lost around 15% of your investment which is not so good. Betking performance is slightly better this week may be due to Bitcoin prices went down a lot, not because of Betking did a good performance. Since Bitcoin transactions are slow and its transaction fees are high so many gamblers are preferring to use altcoins to gamble. That may be the reason overall profits from other bankrolls also not that attractive. What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event. Well lets see, as Betking tokens are a USD fix so as the BTC price goes down the holdings on a BTC basis go up. Decent hedge and I have been buying more and more Betking tokens at a discount to what Dean will buy them back at. BitDice just had a major bounce and paid out about $4k in dividends this weekend. 52 weeks will be interesting and I suspect the ICO's will turn around so lets see! |
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