Update from slack.

Ethbuy section of Iconomi would be merged in the same platform soon.

And we will also receive dividends out of the fees of the Eth -Euro exchange of Iconomi.
Currently there is promotional zero fees on these exchanges. Later on they would be 1 %.

So if the daily exchange volume is $1 million, then we get about $3,000,000 in dividends just from exchange yearly.

Recently,in a term of 15 days I made my crypto 1.5 times by trading some crypto currency.

Actually these where my first trades on a real exchange (earlier I used Shapeshift). I did around 50 trades in this term.

So do a bit research and start trading.

I have seen first project with so many people trying to scam by pretending to be team members.

By the way, it's an indication that this project is very famous.


It's time to update the Header of thread to '3000+BTC collected'

I can see that one full member has been removed in the spreadsheet.

Please consider me if it's possible.
Name : kalpit
Post count: 341
Rank: full member
Btc address:3BkYHrtYkt2q5BTc8YqhqaZwG3D44qVZEd

Will update signature of accepted

Why is the process of investing in pre ICO complicated. You'll need to manually distribute to each investor.

Instead, you could take investments in Ethereum. And send taskie token to the same Ethereum address..

Second thing I was wondering, you are distributing 3 million taskie in bounty and for newsletter which means equivalent to 1500 Bitcoins which is around $1,400,000 . It's just a wastage of funds. I doubt if taskie would receive investments of more than 1 million dollars. In that case Bounty would constitute a major portion of total tokens.

U say that each sign up pays 10 taskie and total rewards are 1.5 million taskie.
Do you think you would ever get 150,000 unique users accounts.

How many eggs have been hatched till now?

Can you tell the number of total projects that would be launching in January on wings platform?

And the total number of projects that have agreed to launch on wings?

Thank you everyone for your comments .

I have updated the topic with an edit. Please have a look at it.

Now, I'm locking the topic.

Okay, so let's consider an heads tail bet between you and your friend.

First thing, chances of you winning a bet is 50%
Second thing, you both have $1000 initially in your pockets.
Third, you and your friend bet $1 in each bet. Winner takes $2.
Fourth, you'll leave as soon as your pocket has $1001


So the match starts,
If you win first bet, your pocket has $1001 , you leave . Chances of winning fist my was 50%.

Now chances of losing first match was 50% . In case first match is a loss, you'll continue to play till your pocket has more than 1000 dollar.

I'm talking about a two player Roulette with zero house edge (hypothetical).

Yes, there's no gaurantee of winning fist game.
But see, for a fair game with zero house edge, chances of winning and losing are both 50 %.

If I win first game, I immediately withdraw all my balance. - chances of winning fist match is 50%

In case I lose first match (chances 50%) , I'll continue to play. An event LWW could occur which has chances 12.5% of happening.

I have considered that you can bet each time exactly 1 Bitcoin.

Consider a case , I lose first game (represented by L), so my balance becomes 999 Bitcoins. Chances of losing first match were 50 %. Now I again bet 1 Bitcoin and I win (Balance becomes 1000) . Now again I bet 1 Bitcoin , I win (balance becomes 1001) . Now I will withdraw all my balance .
So the above event is represented by LWW . Chances of happening of above event is 50% * 50% * 50% = 12.5%


Yes, there's no website with zero house edge. But I'm taking an assumption that house edge is zero. If we consider house edge too , the calculated chances would be around 65% .

I just did some calculations. According to them, chances of winning in gambling comes out to be around 75%. Please correct me if I'm wrong somewhere


My assumptions-

I'm considering a case, with zero house edge.
It would be X2 if you win. And you get 0 of you lose.
Each game would charge 1 Bitcoin. Which means, 2 Bitcoin if I win, 0 if I lose.
I have 1000 Bitcoin ( many Bitcoins) in the balance of company X (Gambling Website)
Chances of winning and losing are equally likely - 50%
I would withdraw all my balance as soon as my balance becomes 1001 Bitcoins
I'm betting in two player Roulette. (I'm not talking about any sports bet)


So here it goes,

Here L  represents Lost game and W represents  win.  I'm writing the chances of event occurring in front of it. So, LWW means that I lose first game, and win second and third game giving me a net profit of 1 Bitcoin.

Cases which could lead to 1001 Bitcoins,

W -50%
LWW -12.5%
LWLWW -3.125%
LLWWW - 3.125%
LLLWWWW - 0.78125%
LLWLWWW- 0.78125%
LLWWLWW- 0.78125%
LWLWLWW- 0.78125%
LWLLWWW- 0.78125%

You can further continue this.

This sums up to be 72.65 %

Which means you have higher chances of winning in gambling if you follow these assumptions.




Edit 1: I have considered that you can bet each time exactly 1 Bitcoin.

Consider a case , I lose first game (represented by L), so my balance becomes 999 Bitcoins. Chances of losing first match were 50 %. Now I again bet 1 Bitcoin and I win (Balance becomes 1000) . Now again I bet 1 Bitcoin , I win (balance becomes 1001) . Now I will withdraw all my balance .
So the above event is represented by LWW . Chances of happening of above event is 50% * 50% * 50% = 12.5%




Edit 2 : now I've understood it. Took some help from my friend and after reading your comments .
I was right that probability  that ending up with net profit of 1 Bitcoin (1001 balance) is about 75%.
But there are chances that I can lose up everything.
As someone pointed out here, it is due to binomial variance.

Generally, a price rise is initiated by some good news, some success of project.

I think, it would take about 2-3 months for beta test to end and implement eGaaS. Till then there won't be much volume and not much buyers. There would only be bounty hunters who would dump soon after the exchanges start.

So I think it's very safe for me to assume that price would fall.

By the way, not many seem to be interested in the project at this moment. Interest will rise when it is implemented some where. And so will the price rise.

Depth is not specific for kraken. It's a common word in exchanges.

You can understand about it here - https://bitcointalk.org/index.php?topic=147716.0

Hope that helps

Their goals are unrealistic. And you understood it now. I had already made a remark a month ago here on Bitcointalk that their goals seem unrealistic. They told there's no problem if USA doesn't implement it. USA would be in loss if they won't implement eGaaS.

So, I didn't invest in the ICO. Just a small Bounty. My plan was to buy eGaaS when they come on Exchanges. This has two advantages- first, I can be sure, eGaaS is legit. Second, IMO, price would fall below ICO price when it comes on exchange.

Good.

Coming onto my next question,

According to Smith and crown,
"Delivering a decentralized labor market platform seems unlikely with this round of funding: both Handy and Upwork needed close to $100 million in funding over several years."

Please comment on this.

Are you in your 50s?

I won't get any white hair anyway soon.

Their next update is scheduled in 2017 . Not much time, only done months for their next ICO. Before the next ICO starts they would be giving a report of what has been done.

Another question,

Smith and crown website says,
"  It’s worth noting that one of the founders is also using ChronoBank to solve a very real problem in his own industry–he’s a guaranteed first customer."

Is it true? And if it is true, then the scenario 2 on your website doesn't make sense.

Merry Christmas to you too.

Enjoy the Bounty! They are Your Christmas present.

From one page back, wings.ai says
"The intention is that the foundation has a good allocation of various coins. So that it is not at the mercy of the volatile crypto markets"

Actually that makes sense.

Problem was that they didn't remind users about it. Yes, it was written in whitepaper. But not many read it.
Many People here wouldn't have come to know about it if someone here on Bitcoin talk hadnt 'pointed that out.
Many those who came to know about this didn't tell it to others to gain maximum profit.