Bitcoin Forum
October 19, 2018, 02:51:58 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 ... 187 »
  Print  
Author Topic: www.gamebet.gg Launches GameBet Coin (GBT) eSports -- SALE OVER!!!  (Read 207481 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Danslip
Hero Member
*****
Offline Offline

Activity: 528
Merit: 500


1CWLYRiosDrVrAHsBZQggu2y8DeVqU8dBx


View Profile
April 10, 2016, 07:20:24 PM
 #1181

This is all good and well but who is going to out market Jared from digibyte. Marketing > development even if gamebet has a superior product. Look at myraidcoin with Multi-Algo, they developed it and digibyte forked to Myraid and dgb has a much higher marketcap because Jareds markets the shit out of digibyte.

How are you going to beat Jared at marketing, answer this and i might invest.





               ▄██▄
             ▄██████▄
           ▄██████████
         ▄████████████
       ▄██████████████
     ▄██████████▀█████
   ▄██████████▀  █████
 ▄██████████▀    █████████████▄
██████████▀      ███████████████▄
 ▀██████████████ █████████████████
   ▀████████████       ▄████████▀
     ▀██████████     ▄████████▀
          ██████   ▄████████▀
          ██████ ▄████████▀
          ██████ ███████▀
           ▀████ █████▀
             ▀██ ███▀
                 █▀
FORTY
SEVEN
   
  We are Connecting Financial World
Regulated Decentralized European Crypto Bank  >>>>>>>>>
 


██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
 


██
██
██ ████
██ ████
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████ ███
██ ████
██ ████
██
██
 


██
 ██
████ ██
 ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
███ ████ ██
 ████ ██
████ ██
 ██
██
1539960718
Hero Member
*
Offline Offline

Posts: 1539960718

View Profile Personal Message (Offline)

Ignore
1539960718
Reply with quote  #2

1539960718
Report to moderator
1539960718
Hero Member
*
Offline Offline

Posts: 1539960718

View Profile Personal Message (Offline)

Ignore
1539960718
Reply with quote  #2

1539960718
Report to moderator
1539960718
Hero Member
*
Offline Offline

Posts: 1539960718

View Profile Personal Message (Offline)

Ignore
1539960718
Reply with quote  #2

1539960718
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539960718
Hero Member
*
Offline Offline

Posts: 1539960718

View Profile Personal Message (Offline)

Ignore
1539960718
Reply with quote  #2

1539960718
Report to moderator
1539960718
Hero Member
*
Offline Offline

Posts: 1539960718

View Profile Personal Message (Offline)

Ignore
1539960718
Reply with quote  #2

1539960718
Report to moderator
benjamoyne
Full Member
***
Offline Offline

Activity: 256
Merit: 101


View Profile
April 10, 2016, 07:41:30 PM
 #1182

This is all good and well but who is going to out market Jared from digibyte. Marketing > development even if gamebet has a superior product. Look at myraidcoin with Multi-Algo, they developed it and digibyte forked to Myraid and dgb has a much higher marketcap because Jareds markets the shit out of digibyte.

How are you going to beat Jared at marketing, answer this and i might invest.

Its not about competition, they both have there places in the crypto world.

This coin is more about the gambling side of things, hence the reason I bought in during the ICO. Wink
Gooopy
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
April 10, 2016, 08:11:11 PM
 #1183

This is all good and well but who is going to out market Jared from digibyte. Marketing > development even if gamebet has a superior product. Look at myraidcoin with Multi-Algo, they developed it and digibyte forked to Myraid and dgb has a much higher marketcap because Jareds markets the shit out of digibyte.

How are you going to beat Jared at marketing, answer this and i might invest.

Invest ended,lol. Cry a river  Tongue
Dogedigital
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Nessie.IO Cryptocurrency Exchange


View Profile WWW
April 10, 2016, 09:18:35 PM
 #1184

How long has the site been up and running? I ask cause I'm already seeing many games with 50-100 gg which I believe is the value of a dollar. In that case even at this really early stage they must be taking revenue in the 1000's of dollars which makes me wonder if I EVER want to sell these coins. I can see as this develops pots becoming thousands even tens of thousands. i hope the new UI doesn't completely change the UI as there is something already very compelling about it....don't over complicate it I hope.


Personally I think they shouldn't move to odds betting like 1/4 4/7 crap as many people are turned off by that kind of thing....seeing the pot and the percentage either side of the bet is far more fun for young gamers I think.

Quick glance math (not guaranteed to be accurate, do your own research)

Excluding steam sales:

To reach $1000 in revenue, $50,000 in bets must be collected.

To reach $1,000,000 in revenue (1m evaluation break even: 10% for 100k @ ico), $50,000,000 in bets must be collected.

For people evaluating 5x ico, $250,000,000 in bets must be placed to b/e.

Bisquick
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
April 10, 2016, 09:35:59 PM
 #1185

Is the money we get from the loyalty reward program based off total coin supply, or is it based off the total coins registered to the gamebet site?  if there are 5 mill coins on an exchange that are not registered to  gamebet, and 16 mill coins that are registered to gamebet, will we receive the rewards of the 16 million, or the total coin supply of 21 million? 
ontopicplease
Hero Member
*****
Offline Offline

Activity: 780
Merit: 1000


View Profile
April 10, 2016, 09:49:09 PM
 #1186

hey guys, I am new here. Is there a place where you can buy this coin for a couple of bitcoin? Or is someone willing to sell here?
chickenfried12
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003


IAME Fragmented Identity


View Profile
April 10, 2016, 09:52:39 PM
 #1187

How long has the site been up and running? I ask cause I'm already seeing many games with 50-100 gg which I believe is the value of a dollar. In that case even at this really early stage they must be taking revenue in the 1000's of dollars which makes me wonder if I EVER want to sell these coins. I can see as this develops pots becoming thousands even tens of thousands. i hope the new UI doesn't completely change the UI as there is something already very compelling about it....don't over complicate it I hope.


Personally I think they shouldn't move to odds betting like 1/4 4/7 crap as many people are turned off by that kind of thing....seeing the pot and the percentage either side of the bet is far more fun for young gamers I think.

Quick glance math (not guaranteed to be accurate, do your own research)

Excluding steam sales:

To reach $1000 in revenue, $50,000 in bets must be collected.

To reach $1,000,000 in revenue (1m evaluation break even: 10% for 100k @ ico), $50,000,000 in bets must be collected (~120,000 Bitcoins worth) which PrimeDice (most popular and heaviest volume Bitcoin wagering site) just now passed after 3 years.

For people evaluating 5x ico, $250,000,000 (~600,000 Bitcoin) in bets must be placed.
  According to my rough math based on Primedice site they had 1880 bitcoin won in the past 24 hours... I used 1900 bitcoin as the amount wagered for 24 hours multiplied by 365 then by $420 and amount is about $300 million wagered per year.


       ▄▄▄█▌ ▐██▄▄                                                             
    ▄█▀           ▀█▄                                                          
  ▄▀                 ▀▄         ▄▄         ▄▄        ▄▄▄        ▄▄▄    ▄▄▄▄▄▄▄▄▄
 █▀        ███        ▀█        ██▌       ████       ████      ████    ██▌▀▀▀▀▀▀
▐▌          ▀          ▐▌       ██▌      ██▌▐██      █████    █████    ██▌     
█         ▄█▀█▄         █       ██▌     ▄██  ██▌     ██▌██▌  ▄██▐██    ████████
█         █   █         █       ██▌    ▐██    ██▄    ██▌ ██▄▄██ ▐██    ██▌     
▐█       ▀▀▀  █        █▌       ██▌    ██      ██    ██▌  ████  ▐██    ██▌     
 ▀█      ▀█▀  █       ▄▀        ▀▀    ▀▀▀ ▀▀    ▀▀   ▀▀    ▀▀   ▀▀▀    ▀▀▀▀▀▀▀▀▀
   █▄     █   █     ▄█▀                                                        
     ▀█▄▄ █   █ ▄▄█▀                                                           
         ▀▀   ▀▀         

                        IAME Fragmented Identity                   
                      WEBSITE      WHITEPAPER      MEDIUM      TWITTER      FACEBOOK       TELEGRAM                  
       JOIN      
    AIRDROP   
tr8kr
Hero Member
*****
Offline Offline

Activity: 661
Merit: 500


View Profile
April 10, 2016, 09:53:33 PM
 #1188

For the loyalty reward program where i need to keep my GBT on the wallet or on the website ?
Relaxedsense
Hero Member
*****
Offline Offline

Activity: 809
Merit: 1002


View Profile
April 10, 2016, 09:54:40 PM
 #1189

hey guys, I am new here. Is there a place where you can buy this coin for a couple of bitcoin? Or is someone willing to sell here?

Have a look at alcurex exchange, the coin just listed today. More exchanges are coming soon.
jibble
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
April 10, 2016, 10:07:10 PM
 #1190

How long has the site been up and running? I ask cause I'm already seeing many games with 50-100 gg which I believe is the value of a dollar. In that case even at this really early stage they must be taking revenue in the 1000's of dollars which makes me wonder if I EVER want to sell these coins. I can see as this develops pots becoming thousands even tens of thousands. i hope the new UI doesn't completely change the UI as there is something already very compelling about it....don't over complicate it I hope.


Personally I think they shouldn't move to odds betting like 1/4 4/7 crap as many people are turned off by that kind of thing....seeing the pot and the percentage either side of the bet is far more fun for young gamers I think.

Quick glance math (not guaranteed to be accurate, do your own research)

Excluding steam sales:

To reach $1000 in revenue, $50,000 in bets must be collected.

To reach $1,000,000 in revenue (1m evaluation break even: 10% for 100k @ ico), $50,000,000 in bets must be collected (~120,000 Bitcoins worth) which PrimeDice (most popular and heaviest volume Bitcoin wagering site) just now passed after 3 years.

For people evaluating 5x ico, $250,000,000 (~600,000 Bitcoin) in bets must be placed.


That's not how you valuate a company or coin's which are hugely speculation driven are even harder to determine a value

Satoshi dice for example , when it took in $15 million of bet's , had made $500,000 in profit , had a valuation at the time of $8.9 million .



If you used that as a comparison , you could say , that if gamebet made 15 million in bets and made $500,000 in profits with a house edge of roughly 3.3% then the valuation of the coin would be $890,000 , possibly more considering satoshidice got sold in the same year for $11.5 million , so $1,150,000.

But again this wouldn't be accurate , because the model's are different , the site's offerings are different, the business is different , the coin offer speculatory value or potential loss of value .

anyone could do rough "calculations" against other similar ideas and get either good or bad numbers depending on what they are comparing it to exactly and what assumptions are made beforehand.



Dogedigital
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Nessie.IO Cryptocurrency Exchange


View Profile WWW
April 10, 2016, 10:14:53 PM
 #1191


   According to my rough math based on Primedice site they had 1880 bitcoin won in the past 24 hours... I used 1900 bitcoin as the amount wagered for 24 hours multiplied by 365 then by $420 and amount is about $300 million wagered per year.

Yeah, I seem to have posted the wrong numbers about PrimeDice.  Just glanced quickly at some dicesites.com stats. 

Dogedigital
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Nessie.IO Cryptocurrency Exchange


View Profile WWW
April 10, 2016, 10:19:49 PM
 #1192




That's not how you valuate a company or coin's which are hugely speculation driven are even harder to determine a value

Satoshi dice for example , when it took in $15 million of bet's , had made $500,000 in profit , had a valuation at the time of $8.9 million .



If you used that as a comparison , you could say , that if gamebet made 15 million in bets and made $500,000 in profits with a house edge of roughly 3.3% then the valuation of the coin would be $890,000 , possibly more considering satoshidice got sold in the same year for $11.5 million , so $1,150,000.

But again this wouldn't be accurate , because the model's are different , the site's offerings are different, the business is different , the coin offer speculatory value or potential loss of value .

anyone could do rough "calculations" against other similar ideas and get either good or bad numbers depending on what they are comparing it to exactly and what assumptions are made beforehand.





I was just doing quick math.  Not trying to give a proper evaluation.  But I believe that from what I first read, GamebetGG was selling 10% of profits for 100k.  GamebettGG takes a flat 2% fee, so if they were to give that back at 10%, they'd have to raise $50,000,000 in bets in order to do so.

chickenfried12
Legendary
*
Offline Offline

Activity: 1120
Merit: 1003


IAME Fragmented Identity


View Profile
April 10, 2016, 10:22:37 PM
 #1193


   According to my rough math based on Primedice site they had 1880 bitcoin won in the past 24 hours... I used 1900 bitcoin as the amount wagered for 24 hours multiplied by 365 then by $420 and amount is about $300 million wagered per year.

Yeah, I seem to have posted the wrong numbers about PrimeDice.  Just glanced quickly at some dicesites.com stats. 
 Definitely a huge market that is not restricted to crypto or bitcoin...


       ▄▄▄█▌ ▐██▄▄                                                             
    ▄█▀           ▀█▄                                                          
  ▄▀                 ▀▄         ▄▄         ▄▄        ▄▄▄        ▄▄▄    ▄▄▄▄▄▄▄▄▄
 █▀        ███        ▀█        ██▌       ████       ████      ████    ██▌▀▀▀▀▀▀
▐▌          ▀          ▐▌       ██▌      ██▌▐██      █████    █████    ██▌     
█         ▄█▀█▄         █       ██▌     ▄██  ██▌     ██▌██▌  ▄██▐██    ████████
█         █   █         █       ██▌    ▐██    ██▄    ██▌ ██▄▄██ ▐██    ██▌     
▐█       ▀▀▀  █        █▌       ██▌    ██      ██    ██▌  ████  ▐██    ██▌     
 ▀█      ▀█▀  █       ▄▀        ▀▀    ▀▀▀ ▀▀    ▀▀   ▀▀    ▀▀   ▀▀▀    ▀▀▀▀▀▀▀▀▀
   █▄     █   █     ▄█▀                                                        
     ▀█▄▄ █   █ ▄▄█▀                                                           
         ▀▀   ▀▀         

                        IAME Fragmented Identity                   
                      WEBSITE      WHITEPAPER      MEDIUM      TWITTER      FACEBOOK       TELEGRAM                  
       JOIN      
    AIRDROP   
jibble
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
April 10, 2016, 10:25:50 PM
 #1194


I was just doing quick math.  Not trying to give a proper evaluation.  But I believe that from what I first read, GamebetGG was selling 10% of profits for 100k.  So if they were to give that back at 10%, they'd have to raise $50,000,000 in bets in order to do so.

For a 100% roi yes you are correct , but stating that for a valuation of the coin to be 5 times ico price it would have to take in a certain amount of money in bet's  . But no company or casino is valued in the way you have assumed and calculated .
 
value of assets and ROI % are completely different
Dogedigital
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Nessie.IO Cryptocurrency Exchange


View Profile WWW
April 10, 2016, 10:28:10 PM
 #1195


   According to my rough math based on Primedice site they had 1880 bitcoin won in the past 24 hours... I used 1900 bitcoin as the amount wagered for 24 hours multiplied by 365 then by $420 and amount is about $300 million wagered per year.

Yeah, I seem to have posted the wrong numbers about PrimeDice.  Just glanced quickly at some dicesites.com stats. 
 Definitely a huge market that is not restricted to crypto or bitcoin...

I'm not really arguing for or against GameBetGG.  I think it's definitely interesting.

Just trying to quickly let people know that they're not already making thousands of dollars in revenue as some people seem to think.  I believe right now they've made a few hundred since launch.  

It's got room to grow and expand, and people can make their own speculations on how much they believe that will be.

jibble
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000


View Profile
April 10, 2016, 10:31:26 PM
 #1196



I'm not really arguing for or against GameBetGG.  I think it's definitely interesting.

Just trying to quickly let people know that they're not already making thousands of dollars in revenue as some people seem to think.  I believe right now they've made a few hundred since launch.  

It's got room to grow and expand, and people can make their own speculations on how much they believe that will be.

I am not really arguing for or against either just about the current information you supplied irrespective of the coin currently, But i agree with the sentiment , i would rather have a healthy growth rather than people jumping in and driving hype that will never be attained. having informed people investing if they so choose not feeling like they are missing out on the deal of the century because someone shouts it. It's still a gamble and a risk , like all other cryptos .

Dogedigital
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000


Nessie.IO Cryptocurrency Exchange


View Profile WWW
April 10, 2016, 10:33:52 PM
 #1197


I was just doing quick math.  Not trying to give a proper evaluation.  But I believe that from what I first read, GamebetGG was selling 10% of profits for 100k.  So if they were to give that back at 10%, they'd have to raise $50,000,000 in bets in order to do so.

For a 100% roi yes you are correct , but stating that for a valuation of the coin to be 5 times ico price it would have to take in a certain amount of money in bet's  . But no company or casino is valued in the way you have assumed and calculated .
 
value of assets and ROI % are completely different

I agree with you. Return on investment and value of assets are not the same.  

There were some people saying that 5x the ico price on the market was cheap.  I'm not going to judge whether it is or not (i haven't read too much into this project)... Just saying that if they buy in 5x the ico price, (without including steam sales and other income) they're going to have to achieve somewhere around the number mentioned before ($250,000,000 wagered) to reach a 100% roi like you said.

Skyrik
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500

ICONOMI Supporter


View Profile
April 10, 2016, 11:15:28 PM
 #1198

cann't staking lol said that coin is not growing
tr8kr
Hero Member
*****
Offline Offline

Activity: 661
Merit: 500


View Profile
April 10, 2016, 11:18:11 PM
 #1199

cann't staking lol said that coin is not growing

coin need 4 hours without moving before stacking happen
Skyrik
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500

ICONOMI Supporter


View Profile
April 10, 2016, 11:18:36 PM
 #1200

cann't staking lol said that coin is not growing

coin need 4 hours without moving before stacking happen
passed 7 hours
Pages: « 1 ... 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 [60] 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 ... 187 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!