🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[yannik.biz]

yiha i made a investement yesterday when i go to sleep and now when i weak up i have

Total profits −20.16049685 DOGE

 

Welcome to the volatility of crypto casino investment!

its now on +103 doge 


regards

[1714022347]

1714022347

[Question123]

yiha i made a investement yesterday when i go to sleep and now when i weak up i have

Total profits −20.16049685 DOGE

 

Welcome to the volatility of crypto casino investment!

its now on +103 doge 


regards

Good to you have profit as long as you invested more money to the yolodice.com you can have more profit.
I hope your money will grow with the help of this gambling website. Not only investment you can make to the yolodice but you can play also to that site and this is one of the good gambling site in the crypto gambling world.

[leea-1334]

So far so good on my investments, I came in a little later as was still deciding a little if to move some more funds around, and of course to gamble some of my bits,,, all ended well so I put in what I felt was a good sum to start;)

I think this is the best way to go, no any sort of leverage so everything simple. And yannik, rise and fall, just like crypto markets;)

[ethan_nx]

Hi,

first things first: The reason for using SHA256 is simple - SHA256 hashes are shorter, but the are not less secure by any means. There is no known collision known for neither SHA512 nor SHA256. You'd have to crack the original 128 bytes of the "secret" part - good luck brute-forcing that. Neither SHA256 nor SHA512 have been cracked so far it's not going to happen in a foreseeable future, even with quantum computing on the horizon.

I am glad you people like that investing is back. So far I've got the following feedback:

1. Commission is 50% of "expected profit" instead of real profit. Some people like it, some people have objections and it's OK. It definitely does move the "risk part" to investors and protects us as site owners, but that's the point. 50% itself does not seem to be an issue, other sites have been taking 50% cut for some time now. In the long term, wager-based cut vs profit-based cut should not matter much since the real profit oscillates around the expected profit. But I have to be honest - since our costs like referral bonuses and rakeback are based on wager, it's so much easier and safer for us. We've been through moments when not only bankroll lost a chunk of coins but we also had to pay the bonuses from our own pockets and a few such events left us in loss for months.

2. Pausing the investments during competitions. This sounds controversial, but it's pausing only, for one week once in 2 months. It's still not implemented in the code, so no worries :-) Anyway, I think the competitions bring more to the table then just increase wager for a week - they reactivate existing players, they bring new players and get things rolling.
We'll try to think it over, maybe we will not be pausing investments on all competitions, or maybe we'll come out with a different ideas.

3. Yes, ETH will be open for investing too. Finally  :-)

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

Edit: Other than that, I am really happy the investing is open again. I like the transparency of the site, it's much more community-oriented now, just as it was from the very beginning.

Cheers,
Ethan

[Timetwister]

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

I think the dilution fee is fair, it encourages people to invest long term, which gives stability to the casino in terms of maximum profit per game. It's also a small reward for those that trusted in your project earlier.

[eXtremal]

What kind of inventory is meant in the YOLOdice gambling site? I don't understand because I'm not a YOLOdice platform user, is inventory like crypto?
Or there are differences in the YOLOdice platform

[Timetwister]

These signature campaign spammers are so annoying.

[rawdog11]

I agree that the dilution fee is fair. Keeping the bankroll active long-term means stability.

[lixer]

I do not understand about the request for sha512 when you have no sha256 cracked at all, thats the very confusing part, I mean sure maybe 512 is more secure (I wouldn't know) but when 256 is secure enough that no problems have ever happened on it, why would you want to give it a better version?

There suppose to be some sort of hacking that happened with 256 first and proven to be not enough of a strong security first in order try to find something better, when you have something more than enough and not causing any issues, everyone should focus somewhere else instead of trying to improve that. Ethereum also is a great news, I have been away from bitcoin for a while, I still love it but for now I just want to be at ETH until this hard fork happens and I was looking for a place to use it, this would be perfect.

[joksim299]

Hi,

first things first: The reason for using SHA256 is simple - SHA256 hashes are shorter, but the are not less secure by any means. There is no known collision known for neither SHA512 nor SHA256. You'd have to crack the original 128 bytes of the "secret" part - good luck brute-forcing that. Neither SHA256 nor SHA512 have been cracked so far it's not going to happen in a foreseeable future, even with quantum computing on the horizon.

I am glad you people like that investing is back. So far I've got the following feedback:

1. Commission is 50% of "expected profit" instead of real profit. Some people like it, some people have objections and it's OK. It definitely does move the "risk part" to investors and protects us as site owners, but that's the point. 50% itself does not seem to be an issue, other sites have been taking 50% cut for some time now. In the long term, wager-based cut vs profit-based cut should not matter much since the real profit oscillates around the expected profit. But I have to be honest - since our costs like referral bonuses and rakeback are based on wager, it's so much easier and safer for us. We've been through moments when not only bankroll lost a chunk of coins but we also had to pay the bonuses from our own pockets and a few such events left us in loss for months.

2. Pausing the investments during competitions. This sounds controversial, but it's pausing only, for one week once in 2 months. It's still not implemented in the code, so no worries :-) Anyway, I think the competitions bring more to the table then just increase wager for a week - they reactivate existing players, they bring new players and get things rolling.
We'll try to think it over, maybe we will not be pausing investments on all competitions, or maybe we'll come out with a different ideas.

3. Yes, ETH will be open for investing too. Finally  :-)

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

Edit: Other than that, I am really happy the investing is open again. I like the transparency of the site, it's much more community-oriented now, just as it was from the very beginning.

Cheers,
Ethan

When there is competition you can do them with fixed amount and keep investments open. 
It's more exciting when site profits are included but can be fun with fixed prize too, just make them accessible to more players.

[bsky]

Hi,

first things first: The reason for using SHA256 is simple - SHA256 hashes are shorter, but the are not less secure by any means. There is no known collision known for neither SHA512 nor SHA256. You'd have to crack the original 128 bytes of the "secret" part - good luck brute-forcing that. Neither SHA256 nor SHA512 have been cracked so far it's not going to happen in a foreseeable future, even with quantum computing on the horizon.

I am glad you people like that investing is back. So far I've got the following feedback:

1. Commission is 50% of "expected profit" instead of real profit. Some people like it, some people have objections and it's OK. It definitely does move the "risk part" to investors and protects us as site owners, but that's the point. 50% itself does not seem to be an issue, other sites have been taking 50% cut for some time now. In the long term, wager-based cut vs profit-based cut should not matter much since the real profit oscillates around the expected profit. But I have to be honest - since our costs like referral bonuses and rakeback are based on wager, it's so much easier and safer for us. We've been through moments when not only bankroll lost a chunk of coins but we also had to pay the bonuses from our own pockets and a few such events left us in loss for months.

2. Pausing the investments during competitions. This sounds controversial, but it's pausing only, for one week once in 2 months. It's still not implemented in the code, so no worries :-) Anyway, I think the competitions bring more to the table then just increase wager for a week - they reactivate existing players, they bring new players and get things rolling.
We'll try to think it over, maybe we will not be pausing investments on all competitions, or maybe we'll come out with a different ideas.

3. Yes, ETH will be open for investing too. Finally  :-)

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

Edit: Other than that, I am really happy the investing is open again. I like the transparency of the site, it's much more community-oriented now, just as it was from the very beginning.

Cheers,
Ethan

Hello,

I just recently invested some LTC (about 9% of the bankroll)
For the wager competitions : why can't it be 50% of usual house-edge to the players/25% for investors/25% for owners with investors at risk. I guess the goal of the whole investing system for the owners is to prevent the risk of players winning bigs amounts, this risk is even bigger for you during wagering compatitions where big amounts are played so i dont really understand why you would assume this risk while the 50% given to the players could just be taken from both. Or is it because you can't cover your exepenses with 25% of the houseedge?

About the dilution fee : I personnaly dont like it because i like to cover myself versus litecoin or bitcoin price variations using short futures on others sites like bitmex so my balance stay quite stable in USD. I may have to cover the margin calls of this kind of sites by withdrawing a part of litecoin (in a case where the litecoin price increase).

I understand the goal of this dilution fee is to have longterm investments but i think there wasn't really any problem about this (even without dilution fee the investors stayed in the long-term, which is even more surprising when we know they were all leveraged).

[DarkStar_]

Hello,

I just recently invested some LTC (about 9% of the bankroll)
For the wager competitions : why can't it be 50% of usual house-edge to the players/25% for investors/25% for owners with investors at risk. I guess the goal of the whole investing system for the owners is to prevent the risk of players winning bigs amounts, this risk is even bigger for you during wagering compatitions where big amounts are played so i dont really understand why you would assume this risk while the 50% given to the players could just be taken from both. Or is it because you can't cover your exepenses with 25% of the houseedge?

My guess is that many investors wouldn't be willing to go down to an effective 25% of the edge; I personally wouldn't. 50% is the bare minimum I'd take. We saw with MoneyPot how bad 30% to investors could be, especially with short term variance.

[leea-1334]

To be perfectly honest,,, I have only had experience at two sites with investments, so I do not really have any idea how different it would be on a set up, but my feeling is that profits seemed quicker on "share of profit" but losses were also just as fast and extreme, and not only that, at a high leverage you can lose a lot. Check out some other site what happened yesterday a whale won big at 10x leverage people lost as much as 10%, wiping out 2 years of profit!

[kolloh]

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

Keep it, its good for the long term investors and helps prevent people from investing/divesting during times of high wager or volatility which could negatively affect other investors. It also helps reduce that fact that further investments are decreasing ones share in the bankroll. I think it is a positive for investors and don't see a reason to postpone them.

[arisatox]

Hi,

first things first: The reason for using SHA256 is simple - SHA256 hashes are shorter, but the are not less secure by any means. There is no known collision known for neither SHA512 nor SHA256. You'd have to crack the original 128 bytes of the "secret" part - good luck brute-forcing that. Neither SHA256 nor SHA512 have been cracked so far it's not going to happen in a foreseeable future, even with quantum computing on the horizon.

I am glad you people like that investing is back. So far I've got the following feedback:

1. Commission is 50% of "expected profit" instead of real profit. Some people like it, some people have objections and it's OK. It definitely does move the "risk part" to investors and protects us as site owners, but that's the point. 50% itself does not seem to be an issue, other sites have been taking 50% cut for some time now. In the long term, wager-based cut vs profit-based cut should not matter much since the real profit oscillates around the expected profit. But I have to be honest - since our costs like referral bonuses and rakeback are based on wager, it's so much easier and safer for us. We've been through moments when not only bankroll lost a chunk of coins but we also had to pay the bonuses from our own pockets and a few such events left us in loss for months.

2. Pausing the investments during competitions. This sounds controversial, but it's pausing only, for one week once in 2 months. It's still not implemented in the code, so no worries :-) Anyway, I think the competitions bring more to the table then just increase wager for a week - they reactivate existing players, they bring new players and get things rolling.
We'll try to think it over, maybe we will not be pausing investments on all competitions, or maybe we'll come out with a different ideas.

3. Yes, ETH will be open for investing too. Finally  :-)

4. Dilution fee - most feedback suggests investors don't mind the dilution fee, but I am still having doubts. From the investor's perspective it's locking funds in the site. I might postpone these dilution fees for some time. I'd be really happy to get your opinion on this. What do you think?

Edit: Other than that, I am really happy the investing is open again. I like the transparency of the site, it's much more community-oriented now, just as it was from the very beginning.

Cheers,
Ethan

is there any plan to add back xp for investments? they are a good way to help give an extra benefit to taking the risk of being in the bankroll

[FinneysTrueVision]

is there any plan to add back xp for investments? they are a good way to help give an extra benefit to taking the risk of being in the bankroll

I would like to see that also. The dice game is one of the slowest there is and the only way to get decent speed is to wager thousands of dollars to level up which can take a very long time for the average user.

[imstillthebest]

is there any plan to add back xp for investments? they are a good way to help give an extra benefit to taking the risk of being in the bankroll

I would like to see that also. The dice game is one of the slowest there is and the only way to get decent speed is to wager thousands of dollars to level up which can take a very long time for the average user.

investing on sites bankroll is a cool way to earn , many people loves investing on here before  but dont worry guys there are still other casino that offer investments  .  you can invest on those and then you can still play on here on this site   .

 me as a small player i dont really foccus on wagger or on the rewards but i just play for fun and for the profits ( according to my capital )  . this is less pressure than waggering and expecting your account to level up  .

[leea-1334]

is there any plan to add back xp for investments? they are a good way to help give an extra benefit to taking the risk of being in the bankroll

I would like to see that also. The dice game is one of the slowest there is and the only way to get decent speed is to wager thousands of dollars to level up which can take a very long time for the average user.

I would love this too! I can enjoy a good level with extra rakeback (cashback) now because I have the option to add XP from investment into total calculations. It has never been too much btc, but it all adds up and I am quite happy to get the amount.

Also,,, dice game is faster if you bet bigger amounts, but you do not need thousands of dollars. 100 satoshi already gets you full speed on autobet,,,

[ethan_nx]

1. Yep, there will be XP from investing, I know how to do this! The difference between the previous investment XP will be that now most likely XP will be added at the moment you open an investment and will be proportional to the value of the investment. Once an investment is closed, the XP from that investment will disappear. So investment XP will be proportional to the coins you have invested.

2. Dilution fee will be enabled, thanks for your opinion, I was really having some second thoughts. We previously announced it would be enabled on 2020-04-16, but we might just extend this a little bit.

Cheers,
Ethan

[arisatox]

1. Yep, there will be XP from investing, I know how to do this! The difference between the previous investment XP will be that now most likely XP will be added at the moment you open an investment and will be proportional to the value of the investment. Once an investment is closed, the XP from that investment will disappear. So investment XP will be proportional to the coins you have invested.

2. Dilution fee will be enabled, thanks for your opinion, I was really having some second thoughts. We previously announced it would be enabled on 2020-04-16, but we might just extend this a little bit.

Cheers,
Ethan

i liked the old method of xp more because it helped give rewards for the swings in values as well

as for the dilution fee, i think it is good but there needs to be a change on investments. since there is no more margin, you should simply have an investment balance for each coin. the reason is because of people like me. i may have 1 btc today to invest and then next week get paid so now i can toss in another 0.2 btc, and so on. with a maximum of 10 investments total i either have to build up balances and invest or keep paying the dilution fee every time i want to increase my position (withdraw one of the investments and then invest that + new amount, paying dilution fee even on my previous investment). or it just forces me to invest the 10 times and not invest any further

instead, we should just have a balance for btc, for example, and be able to increase/decrease that as needed. this way we only pay the dilution on the new investments instead of repaying it on all old funds every time we increase