CSNO (bitdice) - Speculation

[daimak]

The ICO just finished few days ago.
So can anyone with experience tell me if I should invest more in this coin?
Comparing to other similar projects bitdice looks better.

[SUPERBR]

Token price at HITBTC is under average ICO selling value and keeping falling.

The book is almost empty, any ative order above 5btc may rise or drop the price 40-50%.

It is not the best time to hold equity tokens, the trend is btc dominance to grow and altcoins deteriorate - foremost ICO equity tokens.

However, BitDice (CSNO) has an clear advantage over most projects: it represents rights of share profits of a business that already have profit for several semesters.

It is a bet on a bet site: if the business pays some ETHs as promised, its value tend to rise and fluctuate with the dividends; if after one year they don't pay more than 5% of the market price, it should run to the bottom.

If more exchanges adopt the token, It may also rise for a while, but the ultimate question is the distribution of profits.

[zokora]

Bitdice seems very strong. It is only in HitBtc at the moment, but it will be listed on other exchanges like Cryptopia soon. they will distribute revenue every 4 months and they have an ongoing business already.

I dont expect it will go to moon but it will be a very good long term token that can be hold.

[daimak]

Thank you guys for your answers.

I do not expect the price will go up until first dividends payed and ppl will know about it.

Will buy more to get more dividends. According to whitepaper they are going to be huge..

[hdclover]

Token price at HITBTC is under average ICO selling value and keeping falling.

The book is almost empty, any ative order above 5btc may rise or drop the price 40-50%.

It is not the best time to hold equity tokens, the trend is btc dominance to grow and altcoins deteriorate - foremost ICO equity tokens.

However, BitDice (CSNO) has an clear advantage over most projects: it represents rights of share profits of a business that already have profit for several semesters.

It is a bet on a bet site: if the business pays some ETHs as promised, its value tend to rise and fluctuate with the dividends; if after one year they don't pay more than 5% of the market price, it should run to the bottom.

If more exchanges adopt the token, It may also rise for a while, but the ultimate question is the distribution of profits.

Yes!
This is what I don't understand. How will they distribute profits? CSNO tokens are Ethereum? How will we know the profit of the casino? Will they announce it every quarter? And do we need to believe that as profit or what if BitDice hid the real profit and announced lesser?
There are lot of confusions here and it needs to be cleared

[unusualfacts30]

I invested in it personally. It's a only casino that's entering fiat market ( I don't know of any other), that separates it from other ones. I think it's going to be huge. good investment imho. Fiat casino market is very large compare to crypto. You can't go wrong with this one but as always calculate your risk.

[X-ray]

Thank you guys for your answers.

I do not expect the price will go up until first dividends payed and ppl will know about it.

Will buy more to get more dividends. According to whitepaper they are going to be huge..

Bitdice just nothing to do with their project, they are turning into the ico project caused by they are know that they can raise a lot of the money through that way. And this time the price for each csno token was nothing. That was very strange to see the bitdice close its service and run ico.

[daimak]

Well it is actually starting the new era of online gambling.

And the cheap price now is good chance to buy more.

here you can read very interesting information about bitdice and its ICO.

https://flowersatdusk.github.io/bitdice

[coin_1122]

See previously 3 months back another company called TaaS their starting price of the coin is nearly 0.80 USD and now the price is around 3.6$ after first dividends. Comparison with them I think Bitdice has the good track record when compared to TaaS because BitDice has run their casino site more than a year now and have paid to their members on time without any faults.

[hase0278]

The ICO just finished few days ago.
So can anyone with experience tell me if I should invest more in this coin?
Comparing to other similar projects bitdice looks better.

Bitdice project itself seems to have good enough concept so my suggestion is to hodl if you have bought many already. It is up to you if you want to invest more in CSNO, it is your money after all but if I were you I would just hodl what I bought in ICO if I have already bought some, and if not I will seize this opportunity to buy some of it and hold it for it to be sold at the right time. For now, I think it is a good coin to invest to and is worth holding so it is also good to invest more in it.

[Geoff999]

I think CSNO tokens will do very well in the long run.

They represent a profit share, every QTR, profits generated on BitDice (Which are already around 5m a year from memory) will be split out to those who hold tokens (70%).

This means that as the profits grow, now they can use the ICO generated funds to dabble in the sports markets as they are planning, payments to those who hold CSNO tokens will also rise. This will lead to an increase in the Price of each Token.

Personally ill be buying some more over the coming month and then will leave them in a separate Etherwallet account and forget about them for a year or so, then check back and see what Eth payments have been made.

[daimak]

If you want dividends, make sure your tokens aren't stored on HITBTC.
Dividends will be sent to those who hold their tokens on eth wallets by the end of December.

[devollito]

First. Why we need the ico for gble ? There are many gamble ico already i see no one succeed yet. Also crypto world already has agble site which is secyre and not scam like nitrogen, for dice we have many dice site..

[Mr.Scott]

First. Why we need the ico for gble ? There are many gamble ico already i see no one succeed yet. Also crypto world already has agble site which is secyre and not scam like nitrogen, for dice we have many dice site..

Very true words. This is actually happens over the crypto world, so much gamble become very tough to pick the good ones!

[Febo]

The ICO just finished few days ago.
So can anyone with experience tell me if I should invest more in this coin?
Comparing to other similar projects bitdice looks better.

Price is only going up. If you would invest when you asked this and sell now,  you would have quite a bit more BTC.  With news and specially with adding to more exchanges CSNO will have price pumps.

[DuaLipa]

See previously 3 months back another company called TaaS their starting price of the coin is nearly 0.80 USD and now the price is around 3.6$ after first dividends. Comparison with them I think Bitdice has the good track record when compared to TaaS because BitDice has run their casino site more than a year now and have paid to their members on time without any faults.

Taas actively paying dividends as I heard from my friends. This is project is new and didn't paid any dividends normally. It'll will just start working soon.

I couldn't understand the ico price of CSNO tokens. How is it? No fixed value in ico?

[wajik-tempe]

may i know how much the ICO token price CSNO ?

[Iyeman]

may i know how much the ICO token price CSNO ?

Around 10k satoshi as far as i know, But that can be changed if there is an update from the developers regarding the unsold token, but i think that the project already sold out to the investors.

[daimak]

The ico price was about 0.000038BTC

[procesdad]

I think it's worth thinking because the team will not be able to sell their coins in the first 6 months