Let's imagine that you decide to play at odds and bet $1 on every even number and $2 on every odd number. Total in the amount of your costs is $54. If you get an even number, your winnings will be $35 (1*35) (you lose $54-$35=$19). If you roll odd, the payout will be $70 (2*35) (you win $70-$54=$16). If it comes up zero, you lose all of that set – $54.
For me strategies should be simple. If you place a bet of 1x on even/red and a 2x bet on odd/black in my mind it would cancel out 1x from both sides its just psychological that you seem to be earning (as in get some money back) when losing. However, for your example, if you place $1 on every even number and $2 on every odd number AND $2 on green you would pay $56. But it creates a loss-win-win situation. If even falls you'll lose $56-$35=$21, if odds or 0 you win $70-$56=$14. That $2 insurance on 0 effectively kills the total loss. Now compare this with placing $0 on even, $1 on odd and $2 on 0. You pay $20 dollars. if you win with odd $35-$20=$15 if it hits even you lose and you pay $20. if it hits 0 you'll get $70. Why people don't bet on 0 is beyond me.
I believe the situation is different if you bet with 50/50 probability on both. Let's talk about betting on red and black. Say, you think blacks are going to win and you put 10 dollars on black. At the same time you put 5 dollars on red just in case. You spend 15 dollars. In case black is the winner, you get $20 or $5 of pure profit. I case red wins, you get 10 out of initial 15 dollars back. So, you either win or lose 5 dollars. If you only put 10 dollars on black, you lose them when the outcome is red, but win 10 more if the opposite case. The risk is higher with one bet and I kind of makes some sense to put money on both to lose less. There're some roulette strategies, but I believe that eventually you come to this rare case when something keeps going wrong and you lose everything, just like with martingale.
Same goes for this 50/50 bet. If you put $10 on black and $5 on red you should not compare that to $10 on black and $0 on red. It is the same as $10 (black) - $5 (red) = $5 on black. it is just the psychological effect that having $20 payed out (while spending $15) seems more profitable then having $10 payed out (while spending just $5). The end result is the same, you win or lose $5 |
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Good to see a new binary option platform. You either like it or you don't. It seems the minimum wd is a bit hidden but it is there: https://cryptobo.com/doc/withdrawal&refund_policyMinimum withdrawal amount is 0.002 BTC. and: https://cryptobo.com/traders/faqHOW LONG DO WITHDRAWALS TAKE?
From 10 minutes to 24 hours after you send a withdrawal request. It depends on the withdrawal amount. Please take into account that commission for each transaction is 0,0004 BTC, that guarantees the fastest money crediting on your wallet possible. So that would be at least 0.0024 needed in the account for a WD. PS. The dev should use a spellcheck or just reread and rewrite the faq and other stuff as there are a lot of typo's everywhere which don't make it look professional. |
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Hi Stroto -You didn't made any transactions you said last month, but did you log in to MEW with your json file (or any other means)? Yes, I've used JSON for login in December. On real MEW site. I just read 0x5e4 in transaction details. As sm.contract which do all this process. And yes my WiC was transferred to 0x4f - which is end point of the theft. it is just that 0x5e4 shows ALL wic transactions legit and nonlegit. The focus should lay on the first receiving address 0x4f. About fishing, etc. I never do anything what described as fishing. For last ten years at least. Always check where and what I'm doing. So, now I change almost everything: wallets, passwords, methods of authentication, e-mail's for recovery, etc. It was much more painful than just 25K of WiC's  That is the most annoying part, but before you change all just ran your system on malware etc. but I assume you already did that. |
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can someone pm me a link to the telegram group or is that dead too?
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SCAM COIN  May I know why you said that, please? Any sources? impossible to fix security issue when you use connection so nobody use it. If you can't secure your own network from your guests it is probably nothing for you.  If you can't secure your own connection while being a guest it is probably nothing for you luckily it isn't the 90s anymore |
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Indeed some clarification would be nice, as I can only speculate. 100 mil send to livecoin > 10,051,609.35 are burned and the same amount is send back to devs. > 11,852,251,47 is also send back of which I assume 10 million is the 10% divided in: 5% for in app distribution, 3% for devs and 2% for bounties (as per opening post) that leaves almost 2 million open. As it was mentioned not every presale investor gave the right receiving address: Presale distributions is over (Except for a few participants who sent us invalid receiving addresses).
Again I assume that 2% is for that. But I agree, some clarification and total amount of $$$ collected would be nice. 50% sent back to us = 10,051,609.35 WiC Presale tokens = 55,000,000 WiC (Not fully distributed yet, waiting on some participants for the correct addresses which is what are the extra coins above 10 Million you see) Team tokens = 3,000,000 WiC Bounty Campaign = 2,000,000 WiC In app distribution = 5,000,000 WiC $ value raised = $769,309.24 Let me know if any more clarification required  Thanks! Thanks. My assumption was right it seems. |
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 I asked this question because the transaction is showing some other info as well. There are two transactions happened in developer's account almost the same time, just an hour difference. One was about 50% 10,051,609.35 tokens and second is 11852251 tokens. Where these 11852251 tokens came from? i am really wonder at this. Lambo06 can you please clarify? Lambo06, can you please confirm how many coins were left unsold so i can form a view how many was burnt. Thus i can predict something on the balance of total supply.
Its pretty simple, As what the WiC team stated: https://etherscan.io/tx/0xc06b9c8cdc6ca0ebf3e61d33fa5bac982587493a1ffb3216d8864486733e65cd is the tx to show they got 50% of the unsold tokens back (and WiC team have not sold/moved them yet). The tx contains 10,051,609.35 tokens so the same amount is burned. The total was 100 mil tokens. 100 mil - 10,051,609.35 = 89,948,390.65 tokens are left (sold, bounties, bonusses & devteam combined) Indeed some clarification would be nice, as I can only speculate. 100 mil send to livecoin > 10,051,609.35 are burned and the same amount is send back to devs. > 11,852,251,47 is also send back of which I assume 10 million is the 10% divided in: 5% for in app distribution, 3% for devs and 2% for bounties (as per opening post) that leaves almost 2 million open. As it was mentioned not every presale investor gave the right receiving address: Presale distributions is over (Except for a few participants who sent us invalid receiving addresses).
Again I assume that 2% is for that. But I agree, some clarification and total amount of $$$ collected would be nice. |
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Lambo06, can you please confirm how many coins were left unsold so i can form a view how many was burnt. Thus i can predict something on the balance of total supply.
Its pretty simple, As what the WiC team stated: https://etherscan.io/tx/0xc06b9c8cdc6ca0ebf3e61d33fa5bac982587493a1ffb3216d8864486733e65cd is the tx to show they got 50% of the unsold tokens back (and WiC team have not sold/moved them yet). The tx contains 10,051,609.35 tokens so the same amount is burned. The total was 100 mil tokens. 100 mil - 10,051,609.35 = 89,948,390.65 tokens are left (sold, bounties, bonusses & devteam combined) |
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Why do these livecoin links only work with an account? What a user-unfriendly exchange is that? I agree. I'm not planning to trade on this exchange for the moment and so I am denied to see quotations. So could please tell me which are the current rates for WiC and if those are not available which have been the rates at the end of the ICO? You can see the last price at the Bitcoin Checker app, no need for an account You mean the android app? or is there also a PC version? does it already list also WiC? Yeah the android app, it lists WiC on livecoin I've installed Bitcoin Checker but it doesn't show me anything else than the BTC price, seems completely useless. Where would I find there other coins, including Wic? open app press the + at the top choose exchange > Livecoin press sync pairs (if I remember correct) then you'll see BTC/USD > press BTC to choose base coin and select WIC then you'll see WIC/BTC > if you want to have ETH instead of BTC jus press BTC and change it. press checkmark to save it. (select on/off to show it in a widget.) just explore the app a bit, it has numerous exchanges and pairs, really worth looking into if you like such info on your phone |
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Why do these livecoin links only work with an account? What a user-unfriendly exchange is that? I agree. I'm not planning to trade on this exchange for the moment and so I am denied to see quotations. So could please tell me which are the current rates for WiC and if those are not available which have been the rates at the end of the ICO? You can see the last price at the Bitcoin Checker app, no need for an account You mean the android app? or is there also a PC version? does it already list also WiC? Yeah the android app, it lists WiC on livecoin |
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Why do these livecoin links only work with an account? What a user-unfriendly exchange is that? I agree. I'm not planning to trade on this exchange for the moment and so I am denied to see quotations. So could please tell me which are the current rates for WiC and if those are not available which have been the rates at the end of the ICO? You can see the last price at the Bitcoin Checker app, no need for an account |
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As I don't see anyone mentioning it here: Token distribution has startedHow to add the token in your wallet: Instructions to add WiC to your wallet:
1) Myetherwallet
Login into your myetherwallet.com account. (Make sure you are on the official site since a lot of phishing attempts are going on recently)
Click on "Add Custom Token"
Fill the details as below:
Address: 0x5e4abe6419650ca839ce5bb7db422b881a6064bb
Token Symbol: WiC
Decimals: 18
2) ImToken
Click on the “+” sign in your wallet's home screen.
Search for “wic”.
Click the “Add” button besides WiC.
Return to your app’s home page and you will see your WiC tokens there.
3) Mist
Click the “Contracts" button
Scroll down to the section that says "Custom Tokens"
Click "Watch Token"
Add the address "0x5e4abe6419650ca839ce5bb7db422b881a6064bb"
Type/Check the token name to be "WiCoin"
Type/Check the token symbol to be "WiC"
Leave 18 decimal places default and click OK.
4) Parity
Enable the “Contracts” tab by going to Settings ticking the box that says Contracts.
Click on “Contracts”
Click on “Watch Contract”
In the pop up select "Token - A standard ERC20 token"
Fill the details as below:
Contract Address: 0x5e4abe6419650ca839ce5bb7db422b881a6064bb
Contract Name: WiCoin
Contract ABI: Should be filled automatically
Good luck with the next phase >>> App release |
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stage 1 sold out  That is great news, lets hope we clear stage 2 too and are deep in the final stage before the 17th. It seems ETH stage 2 going to sell out a lot faster than BTC stage 2... how come theres 19mil coins in BTC stage 3 but only 1 mil in ETH? I feel like ether market going to sell out quick. Seems livecoin is under maintenance right now though...
ETH was about 50% of the tokens but was hardly sold, so they transferred that to the BTC sell wall. |
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What happens to the remaining tokens on livecoin if the ICO ends now before they are all sold out? Im sure I could dig up this answer but say we end during stage 3 and there are 18mil tokens left, where do they go?
50% of the remaining tokens get back to the devs the other 50% will be burned by livecoin |
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Important Update:
Due to an overwhelming majority (almost 90%) voting in favor of reducing the token sale time and news coming from China regarding ICOs, we have re-scheduled the Token Sale to end on September 17 at 2PM EST.
Presale participants will receive their tokens on the same day on September 17. We will be sending emails to all participants to confirm their receiving addresses soon after Livecoin confirms the date change.
Thank You!
Great news.. Lets make the WiC network grow wide, fast and well known. Added: Good to see that a huge majority agreed. |
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It is very low cap ico,wic is not asking about lot of money,it is disruptive project,poeple who invested in pre-ico invested with promo price,they knew all conditions,wic need money to make that project succesfoul,i think it is best to run ico to max amount of money,looks like some pre-icoinvestors want only dump coin and move other ico.Project succes is succes of all investor.So take care to get max money for project,,now becouse of sell off your ico will slow down
In general I agree with you. My main reason to speed up things is seeing some competitive ico's running and in that case it is best to get the app and network running asap, to grab a huge share of that market. Besides that, about the money flow, I asked: ~
And of the tokens you get back (the 50% of unsold) what are your plans for those? Are you going to sell them on the market or keep them for a while and use for the gift cards? I am sure you had a plan for when you would not sell out.
~ "We will not be buying back WiC or funding the reloadable cards with the 5% which is reserved solely for in-app distribution.
The customer who wants to buy a reloadable card will pay in fiat and the seller of the cards will buy the exact amount of WiC at that moment's price and forward it to the customer. So that means the seller will not have pre-bought WiC but will buy as per the customer demands."
Also, we do not intend to sell the unsold 50% tokens on the market since selling it so early will be not be ideal and we expect the prices to rise much more than what they are now. We will sell only in small quantities and only as and when needed.
Thanks! If they hold 50% of the unsold tokens and only sell when needed they might even have a bigger bankroll to pay stuff of. as they expect the prices to rise much more. And who knows, maybe after that ICOlert they get sold out before the end of the shorter period. |
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Hey, So yes we have a press release scheduled to release this week and an article pushed by ICOlert to 14,000+ users today or tomorrow. This will be done even we reduce the Token Sale duration. We will not be using the unsold tokens for WiC reloadable cards as explained earlier. Will paste that below for convenience sake: "We will not be buying back WiC or funding the reloadable cards with the 5% which is reserved solely for in-app distribution. The customer who wants to buy a reloadable card will pay in fiat and the seller of the cards will buy the exact amount of WiC at that moment's price and forward it to the customer. So that means the seller will not have pre-bought WiC but will buy as per the customer demands." Also, we do not intend to sell the unsold 50% tokens on the market since selling it so early will be not be ideal and we expect the prices to rise much more than what they are now. We will sell only in small quantities and only as and when needed. Thanks! Given the time for some extra investors that will be reached this week and the fact that a sooner app release is for the better (imo). I say yes reduce the token sale duration. |
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IMPORTANT:
A lot of users have been messaging us asking to reduce the Token Sale time a little so that their WiC tokens are not locked in for so much time. Some presale participants were under the impression that they will get the tokens after the end of the presale itself but we cannot do that since that will encourage OTC trading and have a negative effect on the Token Sale.
We could reduce the Token Sale time however ending it around the 15th-20th September if that is what the majority of the community wants. Please let us know what you think!
Thanks!
I am ok with speeding things up a bit. As around 29 mil WiC are left, it would mean that 71 mil + 29 mil * 0.5 = 84.5 mil WiCs would be distributed. I know it would be less funding at the start but the sooner the app gets live the better. But I've read somewhere you had some marketing in the works that would happen during the ICO to attract more investors. (can't find it now) Would that still be in time to reach more investors before an early closure? And of the tokens you get back (the 50% of unsold) what are your plans for those? Are you going to sell them on the market or keep them for a while and use for the gift cards? I am sure you had a plan for when you would not sell out. |
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Why the exchange livecoin again added 2500000 coins for 382?This is a Scam?
They transfer it from market WIC-ETH, because stage 1 was already sold in WIC-BTC but there were still coins in stage 1 in market WIC-ETH. So no, this isn't scam. That is right. Livecoin transferred coins from the ETH market since the BTC/WiC stage 1 was sold out. ETH/WIC stage 1 is sold out now  |
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