🌟🎲🌟 MoneyPot.com

[Deuceisgood]

I'm interested in everyone's thoughts about an app launching its own new currency as a promotional tool, and then asking/expecting MP to support that new currency in some manner. Most immediately I'm talking about Rubies, which were issued by Betterbets.io.

Is it in MP's interest to have every app launch their own currency? I know we only have one currency now, but where does MP draw the lines? At some point does MP have an argument to launch its own currency that can be used for promotional purposes across the entire platform, and by all the apps? For example, MP funds all the faucets. All of these faucets could be issuing this common currency, thereby giving it more value. MP might also be able to issue blocks of these coins to the app holders themselves, thereby incentivizing them to support that currency rather than trying to launch their own.

From MP's position, I'm not sure what to think of Betterbets' launch of Rubies. Is it a non issue? Inconvenient? Or something that is going to fester and come to a head at some later date? Do we really want each app to launch its own currency, such that MP also becomes an exchange for a few dozen app-exclusive casino chips?

[1714755570]

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[wormat22]

I'm interested in everyone's thoughts about an app launching its own new currency as a promotional tool, and then asking/expecting MP to support that new currency in some manner. Most immediately I'm talking about Rubies, which were issued by Betterbets.io.

Is it in MP's interest to have every app launch their own currency? I know we only have one currency now, but where does MP draw the lines? At some point does MP have an argument to launch its own currency that can be used for promotional purposes across the entire platform, and by all the apps? For example, MP funds all the faucets. All of these faucets could be issuing this common currency, thereby giving it more value. MP might also be able to issue blocks of these coins to the app holders themselves, thereby incentivizing them to support that currency rather than trying to launch their own.

From MP's position, I'm not sure what to think of Betterbets' launch of Rubies. Is it a non issue? Inconvenient? Or something that is going to fester and come to a head at some later date? Do we really want each app to launch its own currency, such that MP also becomes an exchange for a few dozen app-exclusive casino chips?

Rubies is an at least somewhat established currency. Also BetterBets is one of MP's bigger apps if not the biggest, so if anything this is the exception that proves the rule.

[Deuceisgood]

Rubies is an at least somewhat established currency. Also BetterBets is one of MP's bigger apps if not the biggest, so if anything this is the exception that proves the rule.

Wow, I didn't realize BetterBets is about 75-80% of MP's bets. I guess BB is smart to launch their currency and get it established while they are in a position to basically tell MP how it is. I'm guessing for the time being, and for the foreseeable future, MP has to be supportive.

[MillionsBTCdev]

Rubies is an at least somewhat established currency. Also BetterBets is one of MP's bigger apps if not the biggest, so if anything this is the exception that proves the rule.

Wow, I didn't realize BetterBets is about 75-80% of MP's bets. I guess BB is smart to launch their currency and get it established while they are in a position to basically tell MP how it is. I'm guessing for the time being, and for the foreseeable future, MP has to be supportive.

It is true that BetterBets is one of bigger casino app of Moneypot, but lets not forget other apps that are doing well too. We have Bit-Exo and Dust Lottery who have about 40M+ Bets, and theres a bunch more https://dicesites.com/moneypot. Tho even if BetterBets is our biggest casino app, they don't control our decisions, nor do we control theirs. Anyone is free to open any service they deem possible as long as it doesn't hinder other apps.

Oh, and incase you guys missed a few pages back, Moneypot is not planning on adding alt-coins, but working already to add alt-coins and the first coin to be integrated is Rubies.

-uni

PS: BetterBets is not 75-80% of MP's "bets", i guess its the "Total wager" is what you meant.

[stingleword]

I'm interested in everyone's thoughts about an app launching its own new currency as a promotional tool, and then asking/expecting MP to support that new currency in some manner. Most immediately I'm talking about Rubies, which were issued by Betterbets.io.

Is it in MP's interest to have every app launch their own currency? I know we only have one currency now, but where does MP draw the lines? At some point does MP have an argument to launch its own currency that can be used for promotional purposes across the entire platform, and by all the apps? For example, MP funds all the faucets. All of these faucets could be issuing this common currency, thereby giving it more value. MP might also be able to issue blocks of these coins to the app holders themselves, thereby incentivizing them to support that currency rather than trying to launch their own.

From MP's position, I'm not sure what to think of Betterbets' launch of Rubies. Is it a non issue? Inconvenient? Or something that is going to fester and come to a head at some later date? Do we really want each app to launch its own currency, such that MP also becomes an exchange for a few dozen app-exclusive casino chips?

It appears RBIES integration is coming to the whole of MoneyPot. As an app dev, I'm just waiting it out to find out what adjustments I'll need to make to include support for them (and any other alts).

[b0art]

if i lend 10 btc for 1 year for moneypot how much can i get back

You dont lend 10 btc to moneypot but you invest it and in any circumstances you can always withdraw it if you feel that you need that bitcoin back and the return for that is pretty much depends on the house edge on long term around 0.3 % according to these sites however current profit is triple of that http://dicesites.com/moneypot

Okok. That is a good way to invest. I will keep following.

[Trade_BTC]

I'm interested in everyone's thoughts about an app launching its own new currency as a promotional tool, and then asking/expecting MP to support that new currency in some manner. Most immediately I'm talking about Rubies, which were issued by Betterbets.io.

Is it in MP's interest to have every app launch their own currency? I know we only have one currency now, but where does MP draw the lines? At some point does MP have an argument to launch its own currency that can be used for promotional purposes across the entire platform, and by all the apps? For example, MP funds all the faucets. All of these faucets could be issuing this common currency, thereby giving it more value. MP might also be able to issue blocks of these coins to the app holders themselves, thereby incentivizing them to support that currency rather than trying to launch their own.

From MP's position, I'm not sure what to think of Betterbets' launch of Rubies. Is it a non issue? Inconvenient? Or something that is going to fester and come to a head at some later date? Do we really want each app to launch its own currency, such that MP also becomes an exchange for a few dozen app-exclusive casino chips?

It appears RBIES integration is coming to the whole of MoneyPot. As an app dev, I'm just waiting it out to find out what adjustments I'll need to make to include support for them (and any other alts).

Im invested in Rubies and use them to bet too so this is great news.

[katerniko1]

http://prntscr.com/bfn78a
is site down? i cant login for hour already is everything fine with a server?
regards.
-Katerniko1

[Indamuck]

http://prntscr.com/bfn78a
is site down? i cant login for hour already is everything fine with a server?
regards.
-Katerniko1

Yes it is down for me too. I've only been able to login intermittently. Has the look/feel of a DDOS attack so I'm happy to be patient and let the MP guys upgrade their defenses. I'd rather wait for a fix then have them pay attackers off, because that only funds further attacks.

[hua_hui]

http://prntscr.com/bfn78a
is site down? i cant login for hour already is everything fine with a server?
regards.
-Katerniko1

I am unable to login to the server. I am able to login 8 hours ago. So i am guessing the server is temporary down. Just have to wait for a while.

[RGR991]

been down for hours, can't even get into my account to withdraw funds off the site 

[Hatuferu]

I cannot access moneypot.com as well, I have my investment their and I cannot check it now. What happen to the site? is this any news being published about this?

[RGR991]

actually it seems to be working a bit now...was able to withdraw my funds off the site... 

[Trade_BTC]

I cannot access moneypot.com as well, I have my investment their and I cannot check it now. What happen to the site? is this any news being published about this?

Probably competitor ddos usually happens in this messed up child like industry.

[MillionsBTCdev]

Notice:

We've been under continues ddos attack since last night. We have moved our server to a higher capacity but then the ddos attack also increased. But rest assured we are taking care of this and all your balances are safe.

You might experience intermittent connection to moneypot.com tru out the day due to this. Thank you.

PS: For investors, please do not panic and withdraw all your investments, the hotwallet can handle a limited amount and your withdrawal will be pending until we refill our hotwallet.
Again all funds are safe, you can check it at https://blockchain.info/address/3PnPzfEajzbVwiwHrwb4sSFU6TWTz8C4oT . This does not include balances that are on the 'cold' multi sig addresses.

-uni

[moneypot]

[hopenotlate]

I asked for a withdrawal of 0.15 BTCmore than 5 hours ago it was processed almost istantly but it is still unconfirmed because apparently the fee was too low : fee is 0.0001407BTC and it is low also because that withdraw comes from several addresses (to be honest I don't fully understand what I wrote but that is what I've been told from a guy in a dice chat).

Why is that?
If that's the reason I find it a really annoying: waiting for this long time just for a matter of satoshis .

Maybe there is a way to set the fee when withdrawing from MP that I'm not aware of?

Is there something, beside waiting, that could be done at this point to speed things up?

[panjul07]

I asked for a withdrawal of 0.15 BTCmore than 5 hours ago it was processed almost istantly but it is still unconfirmed because apparently the fee was too low : fee is 0.0001407BTC and it is low also because that withdraw comes from several addresses (to be honest I don't fully understand what I wrote but that is what I've been told from a guy in a dice chat).

Why is that?
If that's the reason I find it a really annoying: waiting for this long time just for a matter of satoshis .

Maybe there is a way to set the fee when withdrawing from MP that I'm not aware of?

Is there something, beside waiting, that could be done at this point to speed things up?

Sorry to hear that mate, it is indeed annoying to wait our withdrawal for long time because of the low fee.
Maybe moneypot need to increase the fee if they process  withdral with several address and AFAIK there are only two options that you can choose on how much fee you want to use. First is the default one 100bits and second is the priority fee which is 200bits.
Perhaps it always better to choose the priority one for faster confirmation time.

[moneypot]

I asked for a withdrawal of 0.15 BTCmore than 5 hours ago it was processed almost istantly but it is still unconfirmed because apparently the fee was too low : fee is 0.0001407BTC and it is low also because that withdraw comes from several addresses (to be honest I don't fully understand what I wrote but that is what I've been told from a guy in a dice chat).

Why is that?
If that's the reason I find it a really annoying: waiting for this long time just for a matter of satoshis .

Maybe there is a way to set the fee when withdrawing from MP that I'm not aware of?

Is there something, beside waiting, that could be done at this point to speed things up?

There is a fee priority option available on the 'Send' section.

[hopenotlate]

There is a fee priority option available on the 'Send' section.

ote]

OUCH, my bad I didn't notice that option and only filled amount and address field.

It is still unconfirmed after more than 24 hours   

Is there something I could do now to push this transaction trought?