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Author Topic: Bitcoin Gambling Investments  (Read 47209 times)
bhadz
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February 16, 2017, 05:46:53 AM
 #981

Is kingdice reliable?

So far so good Smiley We just hit 11% returns on KingDice so far from the relatively small amount of time we have been there!

Actually over 18% when I log in now. Only thing missing is some charts people can easily use to get to see the volume and returns of the site.

With regards to is it reliable - I never say any dice site is 100% safe and if the site is new, more than likely you are taking a bigger risk. So far that big risk looks to be a big reward considering the time we have been invested and that the site does not use any leverage.

i think investing in newer dice sites is even better than investing in the old ones. simply because there are far less investors which makes any new investor a big whale because of the percentage share he gets. so with smaller amounts you can make a large profit.

although i totally agree about the risks of investing in a new casino because of it being unknown and without history and trust.

The same with banks, it is better to invest to newer ones rather than the older ones but of course you know the consequences that you may get from it. And the newer ones are offering better profit but the assurance will be better for the older ones. It really depends on how strong and tough you are in this industry.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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February 16, 2017, 12:51:30 PM
 #982

Good to see a detailed analysis of casino bank roll investment ,used to wonder whether those investments are really profitable but looking at your detailed charts it looks like some sites are profitable indeed and cheers for the detailed reviews.

Yeah I should have followed this instead of losing so much on Bitvest.

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February 18, 2017, 02:08:42 AM
 #983

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:



Week 28 Plot

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February 18, 2017, 02:47:06 AM
 #984

 Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry

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February 18, 2017, 03:23:30 AM
 #985

Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry
I don't think invest our money in bitvest  for now will be a good choice, better invest to another gambling sites.

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:



What a crazy graph you have there, too bad i didn't invest my money on kingdice in last week. Profited 10% from your balance just only in a week is really awesome. Did someone lost a lot on kingdice recently?
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February 18, 2017, 03:43:50 AM
 #986

Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry

according to OP's charts history and also from what i have been seeing from bitvest, i have to say they are performinig very badly. i wanted to invest there too but with enough study of their past i realized that it is not such a good idea to do it.
at least for now, i don't know what is happening there but it is mostly loss.

Buying the dip...
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February 18, 2017, 03:52:53 AM
 #987

Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry

according to OP's charts history and also from what i have been seeing from bitvest, i have to say they are performinig very badly. i wanted to invest there too but with enough study of their past i realized that it is not such a good idea to do it.
at least for now, i don't know what is happening there but it is mostly loss.

yeah no idea what is happening there, but the bankroll investors have been destroyed multiple times over the last year...

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February 18, 2017, 03:53:51 AM
 #988

Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry
I don't think invest our money in bitvest  for now will be a good choice, better invest to another gambling sites.

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:



What a crazy graph you have there, too bad i didn't invest my money on kingdice in last week. Profited 10% from your balance just only in a week is really awesome. Did someone lost a lot on kingdice recently?

I was looking through KingDice and that is the one problem I can see with the site. I have no idea what the betting volume is?!

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February 18, 2017, 04:55:59 AM
 #989

Cry Just as I moved out of KingDice  Cry and also got punished by BitVest  Cry

according to OP's charts history and also from what i have been seeing from bitvest, i have to say they are performinig very badly. i wanted to invest there too but with enough study of their past i realized that it is not such a good idea to do it.
at least for now, i don't know what is happening there but it is mostly loss.

yeah no idea what is happening there, but the bankroll investors have been destroyed multiple times over the last year...

Bitvest has huge multiplier so occasionally there will be huge payout that will put the bankroll is huge suffer. But if i am not wrong, the program should be tracked so that they will make sure that they have profit from it sufficiently before the huge payout happened. So it really depends on where you enter, if you are there for a long time, i think you are still able to profit out of it.
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February 18, 2017, 05:04:26 AM
 #990

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:




Dang! Kingdice.  A great rise indeed. You did great man I am jealous now. Now that is a passive income they are talking about. Thinking about getting into it also. Funds are still not complete but it will be. Wait for me Kingdice.  Grin
Thanks for posting it, a good inspiration.

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February 18, 2017, 05:09:31 AM
 #991

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:




Dang! Kingdice.  A great rise indeed. You did great man I am jealous now. Now that is a passive income they are talking about. Thinking about getting into it also. Funds are still not complete but it will be. Wait for me Kingdice.  Grin
Thanks for posting it, a good inspiration.

Really is a cool experiment! Who knows the $3,000 investment could get to $10,000 by the time the experiment finishes!
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February 18, 2017, 05:41:12 AM
 #992

KingDice looks like a winner  Cool
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February 18, 2017, 09:55:52 AM
 #993

KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 18, 2017, 11:20:41 AM
 #994

Week 28 a bit early but what a week!

5BTC Investment has now turned into 6.689BTC
$3,000 Investment is now worth about about $7,095.

KingDice
had an AMAZING week! Check out the numbers:




Dang! Kingdice.  A great rise indeed. You did great man I am jealous now. Now that is a passive income they are talking about. Thinking about getting into it also. Funds are still not complete but it will be. Wait for me Kingdice.  Grin
Thanks for posting it, a good inspiration.

Really is a cool experiment! Who knows the $3,000 investment could get to $10,000 by the time the experiment finishes!

Depending on how the variances is, the result could be much higher than what you expected. You will never know when will a big whale actually lose huge amount in the site and the fact that kingdice is giving much profit is because they are new and the bankroll in the site is much lower compare to the other site on the list
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February 18, 2017, 11:26:01 AM
 #995

KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool

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February 18, 2017, 12:18:01 PM
 #996

KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool

Sure but that's why most people focus on investing in big casinos with lots of wagers amounts!
Because the bigger the amount bet on the site, the steadier the profit will be Wink

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February 18, 2017, 01:22:48 PM
 #997

Unless those casino's go bankrupt or if they decide to pull a gox trick on their customers, you are safe with them. You will make guaranteed profits. Because, the house always wins. 1 year more than enough to collect your investments.

What are you talking about ? What guaranteed profits ? There is no such thing! The most likely scenario is that part of the sites will go #404, and other
will be in borderline positive value. Investing in gambling sites is plain stupid in my opinion.

haha risky as hell - I agree! You would have to assume at least 1 of those sites won't be around year end. History has been brutal to bitcoin bankroll investors in the past.

From the very start, it is too risky at all, but still many of the gamblers are continually doing a decision to make an investment, but they didn't notice there is a tricky happening inside of it. And I don't know what guaranteed profit that the investors can get.

Correct. Most of us here are thinking that they could make profit out of it because others are making, but we are not sure about this, and we all know that many of those who invest on the gambling sites ended up losing some of their bitcoin, and yet, we still take the risk. I know that we want to multiply and to grow our bitcoin, but trust me, investing it on a gambling site is not worth it.

If you don't have anything to do with your bitcoin, just keep it there, in your wallet, and hold it, wait for the price to PUMP again to its highest price that it could make this time. In that way, your bitcoin is safe and you could earn your profit in a safe way.
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February 18, 2017, 01:46:56 PM
 #998

KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool
Its called proper bankroll management to prevent huge swings even if highrollers starts playing. Currently we have 400 Btc wagered in last 24 hours, only on dice game and a max win lesser than 0.5% of bankroll.

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mrkevio
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February 18, 2017, 02:30:58 PM
 #999

All invesrments are risky, but I consider investing in casino bank rolls are riskier than many other options that you might have. This because gambling is very risky and the bank rolls can always go down pretty fast. You can be lucky to multiply your investment, or you can be unlucky and get less than what you've put in it.. I will probably never invest in gambling bank rolls.

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February 18, 2017, 02:46:04 PM
 #1000

KingDice looks like a winner  Cool

to be honest i prefer cryp-games rather than kingdice as far as investment is concerned and i think it should be an obvious choice too.
take a closer look at the charts and how they have been changing. crypto-games have been performing very well with always giving a decent amount of profit and never getting out of the lines.
but if you look at week 21 and 22 you can see that kingdice has had some terrible weeks and it is not a small loss but a huge drop in profit and leading to massive losses in those two weeks and it can happen again.

in short i prefer a small but steady profit than something that swings around a lot.


 Grin In gambling investments there is not such thing as "steady" profit. If a site has highrollers, then the swings are obvious that will exist.  Cool
Its called proper bankroll management to prevent huge swings even if highrollers starts playing. Currently we have 400 Btc wagered in last 24 hours, only on dice game and a max win lesser than 0.5% of bankroll.


OH Well, Congratulations!  Kiss

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