I still can't see the site's overall profit displayed anywhere. I really recommend putting that up asap, othwerwise it looks a bit shady
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Update
The first wafers were out in March 22th. The engineering batch of packaged chips will be out in March 28th. After that we can immediately start testing on functionality and power consumption.
yay!
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war mal wieder sehr cool, nächstes mal pack ich aber mehr zeit ein, denn am durst hats nicht gemangelt
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super Idee wird aber spätestens beim Airdrop scheitern.. Kannst mir mal erläutern was AirDrop Coins sind? Kurs fällt langsam oder was soll das bedeuten? air drop ist die derzeit gängige verklausulierte umschreibung für premined
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was zur hölle soll eigentlich immer diese pseudo-nachrichtenseite... is mir echt ein rätsel.
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lol, I always thought I'm the only one getting fed up with that beggar nice to meet you guys.
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yay! spannung war kaum auszuhalten, bin seit 4 Uhr aufn beinen. danke an noob
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hm ok, harte nuss wie wärs mit 0,2 BTC ohne escrow? ich merk mir das mal vor als derzeit höchstes gebot, mal schaun ob da noch mehr geht cool, danke!
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anliegen hat sich erledigt. thread kann wech
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My lucky meter is 100%. Actually I fount it's quite hard to lose money with the hourly 0.001 BTC reward. Thank you for the giveaway!
Ah I see.. Your welcome! You deserved it Dan The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?
Hi thecoinjournal, what do you mean by will a lot of BTCs? probably a typo, he meant "wiTH a lot of BTCs...". and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house. read up on the nakowa story at just-dice if you're interested in that. never underestimate variance and a huge bankroll edit: i messed up that quote thing somehow... Ah I see, I got it Hmm, Nakowa story is quite interesting. I agree with you that it is a battle between variance + huge bankroll vs. the house edge. I see bitcoin dice game this way: - House: Receive lot numbers of bets and wagers because of the near instant result, mathematically house edge will take over variance. Profit should be more or less around wager * house edge, but theoretically not far.
- Players: Benefits from high variance because of the very low house edge compared to offline casino
The case of Nakowa will be very very difficult to happen in real world casino with higher house edge, but in this bitcoin dice with lower house edge it might be possible if the site's get unlucky. However JD still has positive profit even after Nakowa won high percentage of total BR, this is house edge effect. I wonder, if we take out Nakowa's winning, how much is the site's profit. i think doog had a lengthy and really interesting discussion about site profit with/without nakowa in the JD thread, but my search-fu skills suck atm, maybe someone else is able to find it
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The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?
Hi thecoinjournal, what do you mean by will a lot of BTCs? probably a typo, he meant "wiTH a lot of BTCs...". and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house. read up on the nakowa story at just-dice if you're interested in that. never underestimate variance and a huge bankroll edit: i messed up that quote thing somehow... Fuck the house in terms of "wow that's a large number", maybe. But with a 1% house BR max win they really can't do that much damage (statistically, obviously someone can just max bet and go on a huge heater), compared to the total house BR. did you read up on the nakowa story? you might wanna check out JD's site profit and then think over what you just wrote Yeah, I agree with you, he won a bunch, but like I said that's the risk of gambling. You can lose money, even if you are the house. My point was that "site profit" is very different from "house bankroll". The site profit was -2k but the house BR was still over 33k. The house has the ability to wait out lucky streaks from big gamblers because it has the edge AND the bankroll and is able to dictate the terms (ie max bet). Sometimes the gambler wins, that's whats so damn fun about it. The recent Lika runs are a perfect example. He was up huge and then lost it all back and now the site is at it's highest ever profit. Another great example is Archie Karas. He won 100 million in Vegas playing predominately pit games...and then lost it all back. So you can certainly hurt the house temporarily, for a figure that is quite impressive when you compare it to regular people's bank accounts...but compared to the amount of money that the house has, it's not that large. i guess we agree on most points then but i just wanted to add that nakowa is the only whale i know who "forced" a casino to reduce it's max profit. ps: thanks for that archie karas hint, i will read up on that topic!
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The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?
Hi thecoinjournal, what do you mean by will a lot of BTCs? probably a typo, he meant "wiTH a lot of BTCs...". and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house. read up on the nakowa story at just-dice if you're interested in that. never underestimate variance and a huge bankroll edit: i messed up that quote thing somehow... Fuck the house in terms of "wow that's a large number", maybe. But with a 1% house BR max win they really can't do that much damage (statistically, obviously someone can just max bet and go on a huge heater), compared to the total house BR. did you read up on the nakowa story? you might wanna check out JD's site profit and then think over what you just wrote
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you could have easily incoporatde a line about the fee in the spammy shit your bot creates every day in the trollbox, so I'd say most of what you wrote above is a lie.
you tried to steal a bigger share of the cake than the community conceded you to have and got caught.
it's really as simple as that. by being upstanding and honest you could have avoided that shitstorm.
drfred
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hm ok, harte nuss wie wärs mit 0,2 BTC ohne escrow?
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The bankroll is still low. Is it possible for some one will a lot of BTCs to win a lot from the casino?
Hi thecoinjournal, what do you mean by will a lot of BTCs? probably a typo, he meant "wiTH a lot of BTCs...". and yes it is possible, if a players bankroll is big enough compared to the site ones, he can actually fuck the house. read up on the nakowa story at just-dice if you're interested in that. never underestimate variance and a huge bankroll edit: i messed up that quote thing somehow...
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