[ANN] Rubies (RBIES) Gaming and casino entertainment currency.

[taxmanmt5]

They shouldn't be gone. Login using the same credentials as before to http://mp.bustabit.com. it should still be there on that server.

Edit; apparently i have the wrong address or ryan took it down. Ill check into this tomorrow when im not on my phone.

Never mind man!
I have no hard feelings about that loss since it was my mistake of not withdrawing it during the transfer.


I am rather wondering whether any implementation of in-game exchange will occur in the site.

Just as I asked before, in case admin missed out;

Anyways it would be better if you have a quick exchange from BTC to RUBY and vice versa integrated on your site itself so that I dont have to go in a roundabout way.

And what about placing faucets for rubies?
Or is there any other alternatives to earn free rubies?

There is already one faucet which is paying Rbies Hourly   http://altcoinix.com/rubies-faucet/.. The same is funded by developer team and other members here

I did ask developer once in chat about in house exchange but i am not sure whether they are interested in creating an exchange atm.

[Indianacoin]

There is already one faucet which is paying Rbies Hourly   http://altcoinix.com/rubies-faucet/.. The same is funded by developer team and other members here

I did ask developer once in chat about in house exchange but i am not sure whether they are interested in creating an exchange atm.

Well, thanks for the link.
Just tried out and it worked fine for me.

I am actually interested investing in rubies and thus I wanted that quick exchange feature so that I dont have to visit an exchange again.

Anyways is there any IPO coming for Rubies?

[BetterBets.io]

There is already one faucet which is paying Rbies Hourly   http://altcoinix.com/rubies-faucet/.. The same is funded by developer team and other members here

I did ask developer once in chat about in house exchange but i am not sure whether they are interested in creating an exchange atm.

Well, thanks for the link.
Just tried out and it worked fine for me.

I am actually interested investing in rubies and thus I wanted that quick exchange feature so that I dont have to visit an exchange again.

Anyways is there any IPO coming for Rubies?

The fast exchange method will come in time once market liquidity and maturity for Rubies is established. We can ask Shapeshift.io to add the coin for the community's benefit. We could then have an easy exchange method on site built in using their skeleton open source. In order to achieve this kind of liquidity we will need to have Rubies on more exchanges, specifically BTC38 and Poloniex, we have put in numerous requests for both.

There is not an ICO in the typical sense, however you are welcome to become a stakeholder where you receive coins plus an established business revenue stream. Please read this carefully, note there are only 8 spots left for purchase and these spots are minimum 1 year of dividends.

There are currently 8 spots left for Stakeholders.

Stakeholder payment address: 16DyJzY2QbGoW5CCYdao7njCHeG17TmHcc

Use this format for your email please:

Rubies wallet address to receive 75,000 Rubies:
Bitcoin TXID from payment:
Bitcoin dividend wallet address to receive monthly payments:

Next payout is April 1st, and on the 1st of each month following.
Please allow 24 hours to receive your confirmation email.
Stakeholders will also get an invite to the private slack to facilitate discussion on Rubies

**Casino/Stakeholder income is based on volume NOT wins and losses so investors earn more with more volume.**

**BetterBets.io has earned 188.08BTC since launching May 2015**

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

[Trade_BTC]

Any word from Poloniex?  My trade bot works there I don't have one for ccex it may be worth extending trade - mining to polo when they add and we can get some volume based rewards.

[BetterBets.io]

Any word from Poloniex?  My trade bot works there I don't have one for ccex it may be worth extending trade - mining to polo when they add and we can get some volume based rewards.

They have been contacted and I think by multiple community members as well, perhaps just need more time and volume? I do not know what Poloniex bases a coin addition on in all honesty.

[JumperX]

Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

[BetterBets.io]

Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

[Game_Seller]

Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

I'd vote for reducing after some months but for now there's not very many Rubies out there. 3 mil alone is locked up with stakeholders then 3.7 mil in storage for bet-mining distribution.  This doesn't leave very many Rubies on markets so better for coin to get into people's hands and accumulate. Just my ten cents...

[BetterBets.io]

First participating exchange is C-CEX start Trade-Mining today at this exchange!

First Payout will go out today after we receive Rubies volume reports, take advantage of this new distribution method this is what it's here for!

[taxmanmt5]

Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

I'd vote for reducing after some months but for now there's not very many Rubies out there. 3 mil alone is locked up with stakeholders then 3.7 mil in storage for bet-mining distribution.  This doesn't leave very many Rubies on markets so better for coin to get into people's hands and accumulate. Just my ten cents...

I too feel that there is no need for Rbies rewards getting reduced at the moment

May be once we feel there is considerable amount of coins available we can think of reducing inflation

[edmundduke]

Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

Good point to bring out. Not really sure how the 30 per BTC plays out. At this point we are roughly at 1% bet mined i think, so plenty more to mine that way. As for price wise, its still so so early, the very beginning of the distribution phase so best to get as many involved as possible. The main thing is to figure out an incentive to keep them holding and not just selling. Will see what it takes, nothing to do but test and try different things and see how they work.

[BetterBets.io]

For transparency, we want to get stakeholders roi as fast as possible to move into profits instead of 80% of site income being given to stakeholder monthly dividends, it will now be 100% for the next 6 months to make this a reality. Good fortune to everyone, there are currently 8 spots remaining.

[BetterBets.io]

21 days now post Rubies launch, we have some really nice things coming this month everyone should enjoy.

Total stats as of right now on Rubies usage:  Wagered: 235,087,989 RBIES

If you own a business and are looking to start a bankroll or service please email or PM us and we can help you get started.

[taxmanmt5]

21 days now post Rubies launch, we have some really nice things coming this month everyone should enjoy.

Total stats as of right now on Rubies usage:  Wagered: 235,087,989 RBIES

If you own a business and are looking to start a bankroll or service please email or PM us and we can help you get started.

Really the amount of Wagered stats is mouth watering for anyone who has just started their business

I am sure coin is going to become a huge success in long run

Its nice you are also giving opportunity to new start ups... sent a PM

[BetterBets.io]

BetterBets added a ticker on top to keep track of the highest volume in BTC for one of the March Madness bonuses, 4 BTC to the highest BTC volume for the month if interested.

If development happens on schedule, this week we will have some exciting news for everyone that will further strengthen Rubies legitimacy as a quality coin to hold/trade/use.

Stakeholders please check Slack, thanks!

[Trade_BTC]

Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

[BetterBets.io]

Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

[Game_Seller]

Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?

[mammix2]

Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?

A community vote is a cool idea, but to be honest the amount of work required to include a poling system in the Rubies wallet, it would be far quicker to just use the voting available on here in the thread.

[BetterBets.io]

Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?

A community vote is a cool idea, but to be honest the amount of work required to include a poling system in the Rubies wallet, it would be far quicker to just use the voting available on here in the thread.

Ok this ICO thing is an option that can be done at a later date or month after voting, for now with March Madness and all the Rubies events and announcements coming we can come back to this later. Let's get through this month and see if people still feel the same, also welcome to the new people just joining Rubies community. I think we may need a Rubies community slack channel this week.