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Author Topic: Bitcoin Gambling Investments  (Read 47213 times)
retrocoingames
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March 07, 2017, 03:20:28 AM
 #1061


It will be interesting to see how PBOC decision on March 11 affects bitcoins value. I already withdrawn all my casino investments as I need to shift into altcoins once there is a rejection. Anyway in the long run bitcoin should continue to be bullish. Crypto-Games is so cool accepting eight coins.

If it turns out that they made the right decision then the price could easily reach 2k USD however if it doesnt then the price might be going down to the range of 700-800 so it is much better to sell some bitcoin while the price is still high and you can always buy back at the lower price. This is for coingamblingreview to consider as well

This is going to be a very interesting event.

Definitely watching this closely...
Botnake
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March 07, 2017, 05:10:56 AM
 #1062


It will be interesting to see how PBOC decision on March 11 affects bitcoins value. I already withdrawn all my casino investments as I need to shift into altcoins once there is a rejection. Anyway in the long run bitcoin should continue to be bullish. Crypto-Games is so cool accepting eight coins.

If it turns out that they made the right decision then the price could easily reach 2k USD however if it doesnt then the price might be going down to the range of 700-800 so it is much better to sell some bitcoin while the price is still high and you can always buy back at the lower price. This is for coingamblingreview to consider as well

This is going to be a very interesting event.

Definitely watching this closely...
I guess the decision that most of us are waiting does not affect our profitability in casinos, if there will be rejection for sure the price will back to normal. Let's consider more on the profitability of investments and we know that what we are doing is a double gamble and let's just hope both sides of investment (casinos and bitcoin) will result a positive outcome. So far investments are good, and some worries only on the possible value of bitcoin.

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veleten
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March 07, 2017, 12:25:25 PM
 #1063



Since bitcoin prices also went up after your investment start date, so your overall investment growth went superbly. It is almost 200% return in overall but in terms of bitcoins growth is 35% for last seven months considered good. It is a nice thread to follow if one invested in any of these sites.

Looking at the pas performance, if the hit in Bitvest wasn't there, the returns would have been huge!

Crypto-Games, KingDice & SafeDice look like the winning combination at the moment...

funnily enough bitvest saw huge investors profits lately
there was a spike four weeks ago that would have seen his investment returned and made substantial profit
but it is too volatile and he ,probably,made a safe choice by divesting from there

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coingamblingreviews (OP)
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March 09, 2017, 04:51:30 AM
 #1064



Since bitcoin prices also went up after your investment start date, so your overall investment growth went superbly. It is almost 200% return in overall but in terms of bitcoins growth is 35% for last seven months considered good. It is a nice thread to follow if one invested in any of these sites.

Looking at the pas performance, if the hit in Bitvest wasn't there, the returns would have been huge!

Crypto-Games, KingDice & SafeDice look like the winning combination at the moment...

funnily enough bitvest saw huge investors profits lately
there was a spike four weeks ago that would have seen his investment returned and made substantial profit
but it is too volatile and he ,probably,made a safe choice by divesting from there

Bitvest have had some amazing swings. They are definitely an awesome site to play at!

Herbert2020
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March 09, 2017, 06:34:53 AM
 #1065


It will be interesting to see how PBOC decision on March 11 affects bitcoins value. I already withdrawn all my casino investments as I need to shift into altcoins once there is a rejection. Anyway in the long run bitcoin should continue to be bullish. Crypto-Games is so cool accepting eight coins.

If it turns out that they made the right decision then the price could easily reach 2k USD however if it doesnt then the price might be going down to the range of 700-800 so it is much better to sell some bitcoin while the price is still high and you can always buy back at the lower price. This is for coingamblingreview to consider as well

why do you say $700-800 as the bottom! i don't get it. there is no reason for price to go that low. have you forgotten where we started when news about ETF became viral? it was way past $1100 and even if the FUD from ETF possible rejection is combined with the FUD about split and FUD from China i can't see any price lower than $900
there is just too much buy support.

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.
coingamblingreviews (OP)
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March 11, 2017, 03:21:46 AM
 #1066

Week 31 and SafeDice was the standout!

5BTC is now worth over 6.8BTC




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March 11, 2017, 03:32:35 AM
 #1067


It will be interesting to see how PBOC decision on March 11 affects bitcoins value. I already withdrawn all my casino investments as I need to shift into altcoins once there is a rejection. Anyway in the long run bitcoin should continue to be bullish. Crypto-Games is so cool accepting eight coins.

If it turns out that they made the right decision then the price could easily reach 2k USD however if it doesnt then the price might be going down to the range of 700-800 so it is much better to sell some bitcoin while the price is still high and you can always buy back at the lower price. This is for coingamblingreview to consider as well

why do you say $700-800 as the bottom! i don't get it. there is no reason for price to go that low. have you forgotten where we started when news about ETF became viral? it was way past $1100 and even if the FUD from ETF possible rejection is combined with the FUD about split and FUD from China i can't see any price lower than $900
there is just too much buy support.

It was crazy watching the action of Bitcoin jumping around before the decision. was over $1,300 at one point before dropping $200.

But I don't think we will see any long term impact from this at all.

To the Moon!
ipanks
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March 11, 2017, 03:45:34 AM
 #1068


It will be interesting to see how PBOC decision on March 11 affects bitcoins value. I already withdrawn all my casino investments as I need to shift into altcoins once there is a rejection. Anyway in the long run bitcoin should continue to be bullish. Crypto-Games is so cool accepting eight coins.

If it turns out that they made the right decision then the price could easily reach 2k USD however if it doesnt then the price might be going down to the range of 700-800 so it is much better to sell some bitcoin while the price is still high and you can always buy back at the lower price. This is for coingamblingreview to consider as well

why do you say $700-800 as the bottom! i don't get it. there is no reason for price to go that low. have you forgotten where we started when news about ETF became viral? it was way past $1100 and even if the FUD from ETF possible rejection is combined with the FUD about split and FUD from China i can't see any price lower than $900
there is just too much buy support.

It was crazy watching the action of Bitcoin jumping around before the decision. was over $1,300 at one point before dropping $200.

But I don't think we will see any long term impact from this at all.

To the Moon!

yup but i think its just for temporary jumping price because after that the price is suddenly going down to deep although is still in up to $11xx but it makes the market going to panic. first they panic when they see the price is increase, second they panic the price is getting dump too deep and they are not realize.



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Ipwich
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March 11, 2017, 04:20:22 AM
 #1069

Week 31 and SafeDice was the standout!

5BTC is now worth over 6.8BTC




Thanks for another update and once again SafeDice is still the most profitable. I just put my investment Safedice yesterday and was surprise their bankroll is really big now, no wonder they were able to attract big betters which is good for us investors.

Keep doing the experiment dude, I'm loving it and shall follow with the other sites investment may next week.

STUDENTCOIN


















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coingamblingreviews (OP)
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March 11, 2017, 04:42:03 AM
 #1070

Week 31 and SafeDice was the standout!

5BTC is now worth over 6.8BTC




Thanks for another update and once again SafeDice is still the most profitable. I just put my investment Safedice yesterday and was surprise their bankroll is really big now, no wonder they were able to attract big betters which is good for us investors.

Keep doing the experiment dude, I'm loving it and shall follow with the other sites investment may next week.

Really glad you are finding it useful! Plan is to do this for the full 52 weeks Smiley

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March 12, 2017, 06:38:25 AM
 #1071

Week 31 and SafeDice was the standout!

5BTC is now worth over 6.8BTC




Thanks for another update and once again SafeDice is still the most profitable. I just put my investment Safedice yesterday and was surprise their bankroll is really big now, no wonder they were able to attract big betters which is good for us investors.

Keep doing the experiment dude, I'm loving it and shall follow with the other sites investment may next week.

Really glad you are finding it useful! Plan is to do this for the full 52 weeks Smiley

We should be the one doing the thanks. It is because of you that i have divest out moneypot even though i left a few weeks later than you. I also get into betking and recently kingdice because of you.
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March 14, 2017, 08:24:27 PM
 #1072

Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.

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March 14, 2017, 10:28:24 PM
 #1073

Wow, i have seen OP has made almost 100% profit on safe dice.  Anyone who is interested on investing a gambling site, this thread is really a great reference since this is always been updated.  And also gives a hint on which site is good to invest and which one to be avoided.   I keep on following this thread for future information.  Thanks for the update OP.

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March 14, 2017, 10:33:10 PM
 #1074

Wow what a nice progress you got there coingamblingreviews. That is really amazing that you are earning right now and you just do nothing but to monitor those casino bankrolls that you invested.

Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.

Better not, your potential interest profit that you will get will be only paid for the loaner. Better to use your own pocket for it.

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March 15, 2017, 04:06:23 AM
 #1075

Wow, i have seen OP has made almost 100% profit on safe dice.  Anyone who is interested on investing a gambling site, this thread is really a great reference since this is always been updated.  And also gives a hint on which site is good to invest and which one to be avoided.   I keep on following this thread for future information.  Thanks for the update OP.
What? Where are you looking at?
OP's initial investment on safedice was 1.75BTC and according with lastest update his balance is 2.64289BTC, It means his total profit 2.64289BTC-1.75BTC= 0.89289BTC or ~51% profit . He will get 100% on safedice "IF" his investment is 3.5BTC
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March 15, 2017, 04:53:53 AM
 #1076

Yup, OP is at %50 something in SafeDice (You just need to check the chart, not even calculate it) a great reference for anyone investing.

I'm surprised Bitvest is not making profit, I had the impression they were doing fine, it's not an issue to have a losing investment once in a while but consistent poor performance is an issue since it wouldn't just be variance and mostly due to some structural issue with fees/shared profit.
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March 15, 2017, 12:41:39 PM
 #1077

Nice returns from a low margin operation or is it still very profitable compared to most businesses because of low cost operations?  Safe dice seems so basic, maybe I missed the main site or something.   Is the way to invest in these operations only done manually via email or do some automatically let you put money in and out as you require, on demand basically ?

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March 15, 2017, 03:32:33 PM
 #1078

Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.

2% per month is a lot. Most successful investor out there is only making like 5% per year. Even warren is only making like 20% per year and you can see that he can be a billionaire. In addition, btc market is very volatility. There may need a time for you to cash out to pay for the loan but if the price of btc happen to be on the down side, you may suffer losses.
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March 15, 2017, 05:20:35 PM
 #1079

Nice returns from a low margin operation or is it still very profitable compared to most businesses because of low cost operations?  Safe dice seems so basic, maybe I missed the main site or something.   Is the way to invest in these operations only done manually via email or do some automatically let you put money in and out as you require, on demand basically ?

You deposit to their site and you can put it in the investment feature. Most site allow you to divest immediately however due note that some site take cut from the profit you made of the investment feature so if you actually made 0.1 btc from investment, you are not actually getting 0.1 btc however the commission that they charge is mostly low
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March 15, 2017, 05:26:14 PM
 #1080

Hmm, I am thinking about a small loan like 2 btc. Then invest all of it in some casinos. Loan interest in my place is around 2% per month.

2% per month is a lot. Most successful investor out there is only making like 5% per year. Even warren is only making like 20% per year and you can see that he can be a billionaire. In addition, btc market is very volatility. There may need a time for you to cash out to pay for the loan but if the price of btc happen to be on the down side, you may suffer losses.
Those people who play with very huge amount to invest will surely consider 2% as a lot percentage.
Imagine 2% of 100 million dollar? 2 million dollar profit per year.
At least it is better rather than save it only in the bank account, gambling investment have better percentage but also higher risk, so it is always worth it.
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