dRAIH
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September 30, 2019, 05:02:55 PM |
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What does the staking surplus mean? Is it the tokens that are shared among the stakers and the casino as reward? It seems every week there is a consistency in the amount of surplus.
EDG token is an Ethereum token and it is used as a chip on edgeless casino meaning you only can play there using EDG. The number of existing EDG tokens is fixed, around 132 millions, no new tokens or deletion of existing ones. You can participate in casino bankroll by staking your EDG tokens; doing that allow edgeless casino having a larger bankroll , serving more players and offering higher betting limits. The casino network distributed 40% of the bankroll surplus in exchange for bankroll support. You can read everything more detailed and better worded here: http://staking.edgelessgroup.io40% of the results are satisfactory and until now I still put it on even though with just a few tokens and the team always updates so there's no doubt this is a great project and I will always follow its development
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BLadislv
Newbie
Offline
Activity: 35
Merit: 0
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October 08, 2019, 04:41:29 PM |
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great team grate product, cannot say anything bad.. but why market not appreciating these great works? token down so much and no stabilizing Is Edgeless gaining decent monthly profit? I am concerned on the current market capitalization and the trading volume too. EDG is still listed on multiple big and small (reliable) exchanges. If low volumes will continue then there will be a big possibility that HitBTC, Bittrex and others will delist it. If Edgeless is earning good amounts then I suggest a portion of it to be used for buy backs. This will help improve the volume while at the same time entice people to buy the coin since there are regular buy backs.
Well, this is a good suggestion imo. Team is doing an excellent job developing gaming sites ant staking interface but unfortunately the market is not appreciating these constant improvement and also actual altcoin market situation doesn't help in sustaining price : maybe the team should consider doing regular buybacks with eventual profits coming from their business.
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andreibi
Legendary
Offline
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
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October 08, 2019, 06:04:26 PM |
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great team grate product, cannot say anything bad.. but why market not appreciating these great works? token down so much and no stabilizing Is Edgeless gaining decent monthly profit? I am concerned on the current market capitalization and the trading volume too. EDG is still listed on multiple big and small (reliable) exchanges. If low volumes will continue then there will be a big possibility that HitBTC, Bittrex and others will delist it. If Edgeless is earning good amounts then I suggest a portion of it to be used for buy backs. This will help improve the volume while at the same time entice people to buy the coin since there are regular buy backs.
Well, this is a good suggestion imo. Team is doing an excellent job developing gaming sites ant staking interface but unfortunately the market is not appreciating these constant improvement and also actual altcoin market situation doesn't help in sustaining price : maybe the team should consider doing regular buybacks with eventual profits coming from their business. It is because most traders and investors left altcoin and ETH tokens market long ago. It is because most of the ex-token holders are just speculators, wanting to sell at a higher price. For EDG to have a stable bottom price, there must be more steady stream of casino players so it creates real demand.
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bloogy
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October 09, 2019, 02:54:18 PM |
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It is because most traders and investors left altcoin and ETH tokens market long ago. It is because most of the ex-token holders are just speculators, wanting to sell at a higher price. For EDG to have a stable bottom price, there must be more steady stream of casino players so it creates real demand.
"creates real demand" These are the right words. Look at trading volumes. Tokens are either on a bet or simply lie on the MEW holders wallet. No real use.
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TopT3ns
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October 10, 2019, 10:17:31 AM |
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It is because most traders and investors left altcoin and ETH tokens market long ago. It is because most of the ex-token holders are just speculators, wanting to sell at a higher price. For EDG to have a stable bottom price, there must be more steady stream of casino players so it creates real demand.
"creates real demand" These are the right words. Look at trading volumes. Tokens are either on a bet or simply lie on the MEW holders wallet. No real use. Volume is only $ 700 today so we can assume there is no demand which means there are no new players at the casino the staking program also didn't attract many interested people so far I saw only 234 participants
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Bnkr65
Member
Offline
Activity: 70
Merit: 12
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October 17, 2019, 10:01:40 AM |
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It is because most traders and investors left altcoin and ETH tokens market long ago. It is because most of the ex-token holders are just speculators, wanting to sell at a higher price. For EDG to have a stable bottom price, there must be more steady stream of casino players so it creates real demand.
"creates real demand" These are the right words. Look at trading volumes. Tokens are either on a bet or simply lie on the MEW holders wallet. No real use. it really looks like a useless thing, but it seems to me that when the market phase is more favorable, all of these coins will start moving around, the transactions will definitely get bigger.
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X1235
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October 25, 2019, 05:12:57 PM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
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lembang
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October 25, 2019, 08:36:23 PM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects
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X1235
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October 25, 2019, 10:55:57 PM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects The team is splendid, no doubt. The only project with such team and such price?!
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TeraBite
Legendary
Offline
Activity: 1876
Merit: 1003
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October 27, 2019, 08:24:05 AM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects The team is splendid, no doubt. The only project with such team and such price?! Price is always big concern for majority of the people they always use this to measure the future of any project. When it continuously loosing its grip on the market and failed to maintain at a level than it always bring more panic and we see sudden decline.
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lembang
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October 27, 2019, 05:33:11 PM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects The team is splendid, no doubt. The only project with such team and such price?! Price is always big concern for majority of the people they always use this to measure the future of any project. When it continuously loosing its grip on the market and failed to maintain at a level than it always bring more panic and we see sudden decline. because what is sought is a profit and therefore the price will be very noticed and the development of the project itself, I wonder who knows what happened when the project went smoothly but it should be very difficult to go up
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Apened
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October 28, 2019, 07:11:08 AM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects The team is splendid, no doubt. The only project with such team and such price?! Price is always big concern for majority of the people they always use this to measure the future of any project. When it continuously loosing its grip on the market and failed to maintain at a level than it always bring more panic and we see sudden decline. because what is sought is a profit and therefore the price will be very noticed and the development of the project itself, I wonder who knows what happened when the project went smoothly but it should be very difficult to go up For investors fundamental much matter but for the traders who want to make profit wants price. Basically, its all anout the market sentiment where any project can have a good development but if they have no followers, investors and customers it is nothing. Both development and other stuffs needs to work on.
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lembang
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October 28, 2019, 04:32:17 PM |
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Judging from the price trend, EDG seems dead. Is it or just bleeding?
if seen from the charts the price of this token continues to decline even though a lot has been done by the team to increase the volume but maybe investors have been less interested so that prices in the market continue to fall and hopefully can be up again because the team is trying so hard with all this development projects The team is splendid, no doubt. The only project with such team and such price?! Price is always big concern for majority of the people they always use this to measure the future of any project. When it continuously loosing its grip on the market and failed to maintain at a level than it always bring more panic and we see sudden decline. because what is sought is a profit and therefore the price will be very noticed and the development of the project itself, I wonder who knows what happened when the project went smoothly but it should be very difficult to go up For investors fundamental much matter but for the traders who want to make profit wants price. Basically, its all anout the market sentiment where any project can have a good development but if they have no followers, investors and customers it is nothing. Both development and other stuffs needs to work on. when viewed from the developer it has developed much better and there are still many investors who are loyal to the project so I think whether from the results of staking so that people throw it away after getting it?
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ronaldo40
Legendary
Offline
Activity: 1554
Merit: 1014
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October 28, 2019, 07:13:24 PM |
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i just check the website and i see that there is a new game called spooky dice. can you explain how it works? and what make it's different from the usual dice?
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Castor94
Newbie
Offline
Activity: 43
Merit: 0
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November 04, 2019, 06:02:11 PM |
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So in the last week I tried this casino. I loved blackjack and the whole provable random number generator, but what ruined it for me was the token. Liquidity sucks. If depositing/withdrawing bitcoin you get raped by the fees (10% every time). So I tried buying and selling on bittrex. It took me 1 day to limit buy and about 2 to limit sell, because the spread was 5% and daily volume was something like 200$. Everything could have been easily prevented if they just used ETH and not EDG, but then again so would any other dapp that uses their shitcoin insted of something more liquid. The team could have at least hired a market maker.
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hopenotlate
Legendary
Offline
Activity: 3346
Merit: 1225
Top Crypto Casino
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November 05, 2019, 11:06:47 AM |
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i just check the website and i see that there is a new game called spooky dice. can you explain how it works? and what make it's different from the usual dice?
Played both several times and couldn't notice any other differnce from usual one except for the different design done, I guess, in occasion of halloween. So in the last week I tried this casino. I loved blackjack and the whole provable random number generator, but what ruined it for me was the token. Liquidity sucks. If depositing/withdrawing bitcoin you get raped by the fees (10% every time). So I tried buying and selling on bittrex. It took me 1 day to limit buy and about 2 to limit sell, because the spread was 5% and daily volume was something like 200$. Everything could have been easily prevented if they just used ETH and not EDG, but then again so would any other dapp that uses their shitcoin insted of something more liquid. The team could have at least hired a market maker.
For as low as BTC2.79 they could list EDG token on yobit : maybe it could help volume and liquidity.
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Ferdo
Member
Offline
Activity: 323
Merit: 19
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November 05, 2019, 04:22:00 PM |
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i just check the website and i see that there is a new game called spooky dice. can you explain how it works? and what make it's different from the usual dice?
Played both several times and couldn't notice any other differnce from usual one except for the different design done, I guess, in occasion of halloween. So in the last week I tried this casino. I loved blackjack and the whole provable random number generator, but what ruined it for me was the token. Liquidity sucks. If depositing/withdrawing bitcoin you get raped by the fees (10% every time). So I tried buying and selling on bittrex. It took me 1 day to limit buy and about 2 to limit sell, because the spread was 5% and daily volume was something like 200$. Everything could have been easily prevented if they just used ETH and not EDG, but then again so would any other dapp that uses their shitcoin insted of something more liquid. The team could have at least hired a market maker.
For as low as BTC2.79 they could list EDG token on yobit : maybe it could help volume and liquidity. Yobit is known as a scam exchange so I would avoid it
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Freaks
Legendary
Offline
Activity: 1554
Merit: 1001
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November 05, 2019, 06:21:45 PM |
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i just check the website and i see that there is a new game called spooky dice. can you explain how it works? and what make it's different from the usual dice?
Played both several times and couldn't notice any other differnce from usual one except for the different design done, I guess, in occasion of halloween. So in the last week I tried this casino. I loved blackjack and the whole provable random number generator, but what ruined it for me was the token. Liquidity sucks. If depositing/withdrawing bitcoin you get raped by the fees (10% every time). So I tried buying and selling on bittrex. It took me 1 day to limit buy and about 2 to limit sell, because the spread was 5% and daily volume was something like 200$. Everything could have been easily prevented if they just used ETH and not EDG, but then again so would any other dapp that uses their shitcoin insted of something more liquid. The team could have at least hired a market maker.
For as low as BTC2.79 they could list EDG token on yobit : maybe it could help volume and liquidity. Yobit is known as a scam exchange so I would avoid it Agreed with you Yobit is not a good choice due to its bad reputation so it could be just waste money to pay them for listing fee. There are so many alternatives exist in the market.
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