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Author Topic: [ANN] Rubies (RBIES) Gaming and casino entertainment currency.  (Read 139305 times)
BetterBets.io
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February 14, 2016, 02:17:03 AM
 #1


Rubies Website:



Key Notes:

1. Over 5000 people from the digital currency community own Rubies right from launch, this model should ensure a wide distribution from the start.

2. Bet-Mining new Rubies will help determine the price per coin, if people determine that it takes 0.015 BTC to make 1 BTC betting volume to unlock 30 Rubies via Bet-Mining,
then that would put each Ruby valued at 0.0005 BTC. Markets will ultimately determine the value however, this gives people a starting point to consider when trading opens.
The cost to Bet-Mine is similar in theory to the cost of mining a proof of work coin and through this comparison a base price can be determined.

3. Instant real world use of Rubies through an established and trusted casino; business backed and investor driven.


Bet-Mining will be halving on June 1st 2016
Currently, you can mine 30 Rubies per 1 BTC of volume this will reduce to 20 Rubies
The next halving occurs December 1st 2016


High Detail Presstab.pw Explorer


Media:



Businesses and Services for Rubies:





Coinmarketcap



Rubies Community chat and team communication:

Rubies community slack channel is now open, please PM me your emails to receive an invite to the channel.
There is also a developer room available for Rubies development.


Use this channel as a friendly place to discuss anything from Rubies, to markets, and development.




Wallet video tutorials (courtesy of our moderators):






Staff accounts associated with the Rubies team:

Gordonhill - BetterBets mod multi-languge public relations: https://bitcointalk.org/index.php?action=profile;u=443102
L3gionario - BetterBets mod multi-lingual: https://bitcointalk.org/index.php?action=profile;u=356497
Mammix2 - Rubies wallet developer and blockchain specialist: https://bitcointalk.org/index.php?action=profile;u=227772
BetterBetsDev (Lobos) - Lead BetterBets.io developer: https://bitcointalk.org/index.php?action=profile;u=514666
BetterBets.io (Bjorn) - Marketing and business relations, concept creator of BB & Rubies: https://bitcointalk.org/index.php?action=profile;u=506444

**Casino thread for games info: https://bitcointalk.org/index.php?topic=1065847.0 **





We would like to give a huge thank you to our coin developer Mammix2 and the BetterBets.io development team, they were instrumental in the creation of this coin and services.
Thanks to OCminer as well for his early guidance on finding a suitable coin developer.

If you have issues with your wallet connecting please follow these steps:

Steps to delete the peers.dat file:

1) Close your wallet
2) locate your application support folders (In these locations)
  
Windows:
Code:
C:\Users\<<user name>>\AppData\Roaming\rubies  

Mac:
Code:
/Users/<<user name>>/Library/Application Support/rubies

Linux:
Code:
/home/<<user name>>/.rubies

3) delete or rename the peers.dat file
4) make sure you dont accidentally delete the wallet.dat file!!
5) Start the wallet up again and wait for it to reconnect.

Now check the block height with the explorers. The explorer refreshes completely every 2 minutes, so you may see a little difference in block heights.

Text version thread information:
Code:
Coin Specifics

Rubies (RBIES)
Proof of Stake
60 second block time
10 million coins total supply, created in Block 1
12 hours min coin stake age
5% Annual Interest on Staked coins
100 Block confirmations to maturity (for mined or PoS blocks)
5 block confirmations for coin transfers between wallets


Methods to obtain:

Distribution will be achieved through many ways.

1. All player accounts on BetterBets.io who have wagered over 1 BTC in volume will earn coins. For every 1 BTC in previously wagered volume per account you will receive 20 Rubies. For

example: if you have already wagered 50 BTC on your account then you have already earned 1000 Rubies.

2. All player betting that takes place after Rubies launches will earn 30 Rubies for every 1 BTC wagered. We are calling this method of distribution "Bet-Mining" as this will be the

initial way to obtain coins. Once you have coins investors and players are welcome to stake your Rubies in your personal wallets to earn more after the coins mature for at least 12

hours.

3. Our goal is to retain enough coins to maintain a bankroll at BetterBets.io However, the vast majority of coins will be distributed through Bet-Mining, contests, giveaways, and

exchanges.

4. We are contacting other Crypto related sites to offer their users Rubies for bonus as well in a collaboration to help evenly distribute Rubies to the digital currency public.


Exact steps to obtain Rubies:

*Create an account at https://betterbets.io

*Download the Rubies wallet from our site or this announcement thread.

*Deposit some uᴉoɔʇᴉq and start betting, you will see Bet-Mining take effect for every 1 BTC wagered your account will be instantly credited 30 Rubies (instantly withdraw-able)

*After earning Rubies you now have the option to withdraw, or start betting in Rubies on our dedicated Rubies casino games.

*Contests, giveaways, and also our Cashback program will all allow more Rubies to be obtained. Once Rubies is on coin exchanges you can trade them as well.

Marketing:

Marketing Rubies will be handled in both traditional ways and user to user referrals. Social media, forums, and players will play a huge role in actively bringing this new currency to

the public. Since this coin is new, the best way we can secure the value of Rubies is to help spread the word among friends and crypto currency enthusiasts in your social circles. The

BetterBets team will take care of the majority but with your help we can make it a huge success for investors, players, and speculators.

Professionals from the altcoin sector will be involved as well to further spread the good news of Rubies and it's benefits.

Rubies Growth:

After the initial distribution and marketing phases, attention to the exchanges that support Rubies will be essential to long term value. Like all new coins, we expect this to go

through many stages before reaching stable value. During Rubies infancy the key for growth is to evenly distribute coins among the public, to not only spread wealth but to help secure

the blockchain as well and create a strong wallet staking environment where transactions are fast and secure.

After multiple exchanges are trading RBIES our team will help with maintaining stable coin value, but the vast majority of growth will be up to the large market makers that decide to

be involved in the months to come. We cannot promise "20 usd per coin" nor would we ever make that claim, but we can promise an honest coin with a long life and a business that

supports it's use from day one.


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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 14, 2016, 02:21:10 AM
 #2

Looks interesting... will follow.

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February 14, 2016, 02:23:10 AM
 #3

There already is a "Ruby" coin.

Thank you, this is called Rubies we are aware of Rubycoin though.


If anyone has any questions feel free to ask in chat on site or on this thread, we will do our best to get you an answer. The rest of the team will stop in and say hello shortly!

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February 14, 2016, 02:25:29 AM
 #4

Hi,

I'm the lead developer for betterbets.io. We put a lot of effort into getting Rubies integrated into the existing BetterBets.io site and really hope that people like the result.

If you have any development-related questions, please post them here and we'll answer them to the best of our abilities.
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February 14, 2016, 02:30:00 AM
 #5

Why are you collecting BTC?
What will you do with the BTC?
Is the site currently  profitable?
Will investors have access to verify the books?

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February 14, 2016, 02:51:18 AM
 #6

Why are you collecting BTC?
What will you do with the BTC?
Is the site currently  profitable?
Will investors have access to verify the books?

Hello,

We are offering the opportunity for Stakeholders to purchase 75,000 rubies and gain 1/40th of 80% of the site's Bitcoin revenue. We are not new to this industry and have been here since May 2015 and have realized a site profit of 183 BTC during these 9 months.
Potential investors can verify our previous income on these 2 sites:

Income before Moneypot sold: https://mp.bustabit.com/full-stats.json   past owner removed this temp site now**

Current and future link for income verification: https://www.moneypot.com/full-stats.json

You have total access now to the books as they are now public, this is also in the OP as well hope this makes it more clear.
Income raised is to help build this coin and improve the casino, we will be relying on Rubies from this point forward and as such have a vested interest in it's future along with all who choose to hold Rubies.
We believe this to be an exciting and profitable investment opportunity which will reward investors and allow us to further invest in our casino in order to build it into one of the top bitcoin casinos.

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February 14, 2016, 02:53:28 AM
 #7

Hey! I've been part of Moneypot almost since it launched (username sloth) and used to play the old MoneyPot game (now bust-a-bit).


Also, can I mine these coins? The setgenerate command isn't in the client. (Sorry if I'm asking really stupid questions, I don't know much about altcoins or the inner workings of cryptocurrency)
Thanks!

If you have placed bets on BetterBets.io then you have coins on your account, we cannot do giveaways on this thread per the forum rules. Go see how many you have on site too Smiley



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February 14, 2016, 02:53:34 AM
 #8

Hi,

Im Gordonhill, BKA as hyipexa™ moderator in betterbets.io. I will be in the chat on site or on this thread, to answer any questions that might pop up!!

Stay with us at betterbets.io


Cheers!! ●‿●

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February 14, 2016, 03:16:06 AM
 #9

Please stake coins to help the Rubies blockchain especially if you have thousands. That way we can get network health going strong, thanks!

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jimlite
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February 14, 2016, 03:26:47 AM
 #10

Wish there was some POW, but oh well.

15-35% off anything on Amazon + .01 free BTC with Purse/Amazon https://t.co/ui0FEgypOX
Need to rent Big Hash https://www.nicehash.com/?refby=1393
NEED TO RENT A RIG? All algos at http://www.miningrigrentals.com/register?ref=627
TREZOR HARDWARE BTC SAFE WALLET http://tinyurl.com/olw2qe3
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February 14, 2016, 03:43:38 AM
 #11

Wish there was some POW, but oh well.

You could always gets some rubies from playing at the site as well. For every 1 btc wagered you got rubies as well so why not take your chance to get sme rubies while trying to multiply your bitcoin? besides that betterbets.io is not new in the gambling industry as they are one of the best sute around, check their site with your eyes and you will know why
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February 14, 2016, 03:53:10 AM
 #12

As a result of our initial distribution model, currently 3002 users hold a total of 670000 coins. More to come in the days to follow and we will have a twitter campaign to help those who did not previously have an account on our site among other events.

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February 14, 2016, 03:58:59 AM
 #13

In! It was awesome to sync a wallet within minutes! And looking forward to seeing where this takes us! Grats on the launch, BB, Smiley.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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February 14, 2016, 04:13:15 AM
 #14

Well I do love the fact that there is a real business behind this coin. Good luck!

15-35% off anything on Amazon + .01 free BTC with Purse/Amazon https://t.co/ui0FEgypOX
Need to rent Big Hash https://www.nicehash.com/?refby=1393
NEED TO RENT A RIG? All algos at http://www.miningrigrentals.com/register?ref=627
TREZOR HARDWARE BTC SAFE WALLET http://tinyurl.com/olw2qe3
https://rawx.io Secure alt exchange that PAYS you interest!
BTC dice and FREE bitcoin faucet with only 1% edge https://t.co/blurpfa3Q4

  ✵ Super FAST block times      ✵ Block Explorer right in the wallet!     ✵ Stealth Addresses     ✵ PoW/PoS hybrid   
██
██
██
██
██
██
██
██
██
██
██
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for a New World
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February 14, 2016, 04:16:46 AM
 #15

Great site (and great guys involved). Definitely watching with interest.

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February 14, 2016, 04:35:16 AM
 #16

i like this concept, the only thing for me is that a user will need to bet mininum 1btc to even touch a rubie ;\
for small time gamblers (me) and especially those in countries where btc is worth more this could be a high entry-point
(btc is almost double value in my country, currently just under 600$ per coin)
maybe a scaling system where users could earn AS they bet? chop up the 30 rubies into where every 0.033ishBTC  1RBIE is rewarded?
either way im watching this one, like the concept, best of luck! Wink

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February 14, 2016, 05:07:26 AM
 #17

i like this concept, the only thing for me is that a user will need to bet mininum 1btc to even touch a rubie ;\
for small time gamblers (me) and especially those in countries where btc is worth more this could be a high entry-point
(btc is almost double value in my country, currently just under 600$ per coin)
maybe a scaling system where users could earn AS they bet? chop up the 30 rubies into where every 0.033ishBTC  1RBIE is rewarded?
either way im watching this one, like the concept, best of luck! Wink

Well the Bet-Mining is volume based, so you just have to wager the equivalent of 1 BTC of volume to unlock 30 Rubies for you to play or withdraw them. I've seen people take 0.001 or 0.0045 btc and make 1-4 BTC of volume. It's really just volume that you need to do, and some strategies will make this relatively easy for players.



Stats so far after ~2 hours of launch for Rubies is: 24hrs: Bets: 66,209   Wagered: 19018.7333 RBIES

Please play conservatively while we build the ecosystem around Rubies and markets etc. Staking is a solid option for now.

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February 14, 2016, 05:28:46 AM
 #18

This coin is niche targeted but sad to say not every one can get in this coin,If you are not into gambling can you still have this coin and what other uses does this coin can bring to holders?

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February 14, 2016, 06:15:11 AM
 #19

This coin is niche targeted but sad to say not every one can get in this coin,If you are not into gambling can you still have this coin and what other uses does this coin can bring to holders?

Once Rubies reaches exchanges you can purchase them from there, as well as contests, campaigns, and bounties for work done to promote growth. Our site is offering investment with revenue dividends as well in the Stakeholder option which we felt would create strength from long term holders. We do not expect or want people to gamble them all, it just gives an instant use-case for Rubies, and provides a vehicle of coin distribution at the start. Over 3000 people from the digital currency community already own Rubies and once they see this has launched then the rest of the ecosystem should follow.

As for other uses, they like any currency, can be integrated into businesses and other casinos as a store of value. Just keep in mind this is just the distribution phase and as we build a community then more services can grow into other uses. We have many contacts with other business owners and will work hard to facilitate a strong coin for everyone to feel confident about holding.

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February 14, 2016, 09:09:53 AM
 #20

Firstly I like this rubies idea it's got potential.  If we choose to be a stakeholder and the 40 are not filled yet do we get the full 80% of btc income or 1/40? Trying to see if it's better to get in early and catch March payment. Many of us been waiting for this feature for months glad it's alive.
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