Dice Investing

[Coef]

Dooglus used clams in just dice because of regulations issues, one can't open a bitcoin casino in Canada because of the regulations, but nothing is said about clams.

Did Dooglus say that himself? There is no fundamental difference between bitcoin and clam or any other crypto currencies.

I don't think dooglus has said that literally, but feel free to CMIIW. The official reasons for doog to reopen JD using clam can be found in this long post https://bitcointalk.org/index.php?topic=238613.msg9772760#msg9772760.

-snip-

I considered relaunching with testnet coins, but figured it would increase the demand for testnet coins and interfere with their intended purpose of being readily available and testing BTC. CLAM seems like an ideal candidate since everyone who had any funded BTC, LTC, or DOGE addresses in May of this year already has some CLAM.

-snip-

So why was this reopened with CLAM? Why wasn't the reopening announced? Why add only CLAM and not BTC?

CLAM is cheap, and widely distributed. It's easy to get hold of, and many people already have it. BTC is expensive and an easy target for thieves. I didn't announce the reopening because I wanted a small, self-selected crowd to test it. There have been a small but loyal bunch of people hanging around the site ever since it shut down. It makes sense that they would be the most tolerant of the frequent restarts and even bugs that were likely to be part and parcel of the switch over to CLAM.

-snip-

But of course we all know JD was shut down because of the regulation issues (http://just-dice.blogspot.com/2014/06/betting-and-depositing-disabled-on-jd.html).

[bank of bits]

If you don't mind converting your BTC into CLAM, I recommend using JustDice. I've heard many positive comments about the investing option there. But be careful, investing doesn't guarantee a return. Bet wisely.

maybe the problem lies in changing into clam
we know the price of clam tends to down, despite a profit but if clam prices continue to down, it makes dizziness

I staked 1 Clam a @just-dice months ago @ 600k satoshis price. After a month it grows by I think 10% but the bad news clams today is 70% below the price of when the time I buy one. Unlucky. My clams really grow but the value of it decrease.

well that is a problem, even if we are lucky, but if the price falls, we may just not make a profit, or even loss

better investment using bitcoin, why JD did not make an investment option with bitcoin?

[Superhitech]

If you don't mind converting your BTC into CLAM, I recommend using JustDice. I've heard many positive comments about the investing option there. But be careful, investing doesn't guarantee a return. Bet wisely.

maybe the problem lies in changing into clam
we know the price of clam tends to down, despite a profit but if clam prices continue to down, it makes dizziness

I staked 1 Clam a @just-dice months ago @ 600k satoshis price. After a month it grows by I think 10% but the bad news clams today is 70% below the price of when the time I buy one. Unlucky. My clams really grow but the value of it decrease.

well that is a problem, even if we are lucky, but if the price falls, we may just not make a profit, or even loss

better investment using bitcoin, why JD did not make an investment option with bitcoin?

Just-Dice only accepts gambling with Clams; it would be weird not to accept bitcoin bets, but to accept bitcoin investments.

[Decoded]

I have currently invested 0.5 in satoshidice.com, let's hope my investment makes me something, not loses.

Id recommend just dice or satoshidice, maybe even moneypot. For luck with all your investments!

[oozecoin]

Who here is using Yobit? is their dice game legit? or a scam?

[ranochigo]

If you don't mind converting your BTC into CLAM, I recommend using JustDice. I've heard many positive comments about the investing option there. But be careful, investing doesn't guarantee a return. Bet wisely.

maybe the problem lies in changing into clam
we know the price of clam tends to down, despite a profit but if clam prices continue to down, it makes dizziness

I staked 1 Clam a @just-dice months ago @ 600k satoshis price. After a month it grows by I think 10% but the bad news clams today is 70% below the price of when the time I buy one. Unlucky. My clams really grow but the value of it decrease.

well that is a problem, even if we are lucky, but if the price falls, we may just not make a profit, or even loss

better investment using bitcoin, why JD did not make an investment option with bitcoin?

JustDice had a investment with Bitcoin and changed to clams later on. I believe someone said it was because Clams is not easily changable with fiat at that time and would avoid regulatory issues.

[Decoded]

Dooglus used clams in just dice because of regulations issues, one can't open a bitcoin casino in Canada because of the regulations, but nothing is said about clams.

Did Dooglus say that himself? There is no fundamental difference between bitcoin and clam or any other crypto currencies.

I don't think dooglus has said that literally, but feel free to CMIIW. The official reasons for doog to reopen JD using clam can be found in this long post https://bitcointalk.org/index.php?topic=238613.msg9772760#msg9772760.

-snip-

I considered relaunching with testnet coins, but figured it would increase the demand for testnet coins and interfere with their intended purpose of being readily available and testing BTC. CLAM seems like an ideal candidate since everyone who had any funded BTC, LTC, or DOGE addresses in May of this year already has some CLAM.

-snip-

So why was this reopened with CLAM? Why wasn't the reopening announced? Why add only CLAM and not BTC?

CLAM is cheap, and widely distributed. It's easy to get hold of, and many people already have it. BTC is expensive and an easy target for thieves. I didn't announce the reopening because I wanted a small, self-selected crowd to test it. There have been a small but loyal bunch of people hanging around the site ever since it shut down. It makes sense that they would be the most tolerant of the frequent restarts and even bugs that were likely to be part and parcel of the switch over to CLAM.

-snip-

But of course we all know JD was shut down because of the regulation issues (http://just-dice.blogspot.com/2014/06/betting-and-depositing-disabled-on-jd.html).

Well, Duglus chose just dice also because he controls a large majority of clams.

I blame him for the recent price drop of clams...

[ranochigo]

-snip-
Well, Duglus chose just dice also because he controls a large majority of clams.

I blame him for the recent price drop of clams...

Doolgus OWNS JustDice and he does not control majority of the clams even with deposit addresses as they are moved almost instantly upon receiving the deposit. The reason for the drop of clam is the diggers dumping the coins.

[Eastwind]

-snip-
Well, Duglus chose just dice also because he controls a large majority of clams.

I blame him for the recent price drop of clams...

Doolgus OWNS JustDice and he does not control majority of the clams even with deposit addresses as they are moved almost instantly upon receiving the deposit. The reason for the drop of clam is the diggers dumping the coins.

Doolgus earns Clam from JustDice. He has to make a living out of it. So he has to sell Clam to make his ends meet. That could be the reason for the drop of Clam price.

[shulio]

-snip-
Well, Duglus chose just dice also because he controls a large majority of clams.

I blame him for the recent price drop of clams...

Doolgus OWNS JustDice and he does not control majority of the clams even with deposit addresses as they are moved almost instantly upon receiving the deposit. The reason for the drop of clam is the diggers dumping the coins.

Doolgus earns Clam from JustDice. He has to make a living out of it. So he has to sell Clam to make his ends meet. That could be the reason for the drop of Clam price.

I know dooglus is a early adopter so he has a lot if bitcoin and should have already got a lot of profit from it. Also he get some from btc just dice before and he is not the reason of the drop of the price

[Eastwind]

I have currently invested 0.5 in satoshidice.com, let's hope my investment makes me something, not loses.

Id recommend just dice or satoshidice, maybe even moneypot. For luck with all your investments!

How much do you expect to make for the 0.5 bitcoin investment? What is the time frame of that investment? Can you withdraw the investment by giving short notice?

[harizen]

Who here is using Yobit? is their dice game legit? or a scam?

It's legit but the house edge there is high so it's really not recommended to play dice there. There are many much better dice site out there than Yobit's dice. Just browse in Gambling Section.

[frank26]

I have a horrible experience in dice investing.There is a big risk in dice investing.

[~Bitcoin~]

I will invest or play in trusted one with instant withdrawl and deposit function. Once i have got my fund stucked for 7+ days in one of the dice site which i came to know later doesn't have instant withdrawl function. They usually install that manual system to make you play more and more untill you lost whatever you have in your account.

[XinXan]

Isn't investing in dice just like gambling? You surely can't have way better odds otherwise people would only profit and the casino would go broke. As far as i understand, you win money when someone on the casino loses, in the long term more people will lose in casinos so it seems like you would win money in the long term but it's not true, is it?

[shulio]

Isn't investing in dice just like gambling? You surely can't have way better odds otherwise people would only profit and the casino would go broke. As far as i understand, you win money when someone on the casino loses, in the long term more people will lose in casinos so it seems like you would win money in the long term but it's not true, is it?

It is true, in long term the casino always win. Check this dicesites.com and you can see many casino is getting profit and even if you see it is red now, check back next month or 2 month then it will be green again

[Anmol_Verma]

Go for any popular and repulatble dice incvesting sites
like just dice,dadice and mine sweeper site like diggit because very less chance of risk.

[Dennis7777]

Isn't investing in dice just like gambling? You surely can't have way better odds otherwise people would only profit and the casino would go broke. As far as i understand, you win money when someone on the casino loses, in the long term more people will lose in casinos so it seems like you would win money in the long term but it's not true, is it?

Yup investing in the bankroll is like gambling but investors are on the same side as the house and are gambling against the ordinary players. With the house edge on your side, it actually gives you a positive EV and so investors should be in the plus side in the long term.