bustadice – Next Generation Dice

[logfiles]

site down again?

Next time, the best way of finding out if the site is down or just your connection/browser is through using a tool like this https://downforeveryoneorjustme.com or this https://isitdown.me

[Jungian]

www.satoshisave.com is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

'

Scam of course

[kkaroul4]

www.satoshisave.com is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

'

Scam of course

That's for sure please be careful everyone sometimes it's much better to pay some extra fee for the network rather than losing all your funds. By the way it's been a while since I play in bustadice is there something new about them probably new features or promotion?

[sunsilk]

site down again?

It's been a day and there's no announcement yesterday that there's a maintenance, I did even visited it yesterday and it's smooth and got no problems. If the problem still exists, you should check your internet connection if there's a problem.

Clear cache or do the other basic remedies like restarting your modem. Bustadice is accessible.

@ggsir, are you serious? come on.

[Reatim]

site down again?

It's been a day and there's no announcement yesterday that there's a maintenance, I did even visited it yesterday and it's smooth and got no problems. If the problem still exists, you should check your internet connection if there's a problem.

Clear cache or do the other basic remedies like restarting your modem. Bustadice is accessible.

@ggsir, are you serious? come on.

Its work for me as well ,  No hassle  ive visited and log out couple of times now , Maybe  yeah it's Either His connection or having tons of cache in his Gadget.

www.satoshisave.com is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

Even if it's Free of Fee , None will believe in your Illusions and better try to Post this in other  Place that you can fool people but not in BustaDice thread because Players here are active and will Surely quote you from time to time.

[lebregone]

www.satoshisave.com is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

Aside from less fees, what are the advantages that we can get upon using your platform instead of directly withdrawing from bustadice site?

And how can we assure that your platform is safe to use and our money will not be in danger if we decide to use your services in order to save some few cents from our transaction fees? It will only add the risk of our money if we cannot get any guarantee that using your platform will not give us any harm.

[TheQuin]

~is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

'

Scam of course

Yes, and everyone who quoted it without removing or breaking the URL has just increased its chances of scamming someone by doing SEO work for them.

[rodskee]

                              SNIP

Aside from less fees, what are the advantages that we can get upon using your platform instead of directly withdrawing from bustadice site?

Seriously mate ? that you are entertaining this one? MODS even Deleted His post as irrelevant and maybe Risk and you are asking Him still about the details,None of the posters above eveb Give Him a damn so Don't Feed the troll.

And how can we assure that your platform is safe to use and our money will not be in danger if we decide to use your services in order to save some few cents from our transaction fees? It will only add the risk of our money if we cannot get any guarantee that using your platform will not give us any harm.

Lets Edit the Posts and delete the Link he given for the safeties of everyone , And Please never Entertain some kind like that because in the end it will add risk to anyone whos reading this thread specially Newbies that has Greedy attitude or no Knowledge at all.

[Lakai01]

Yes, and everyone who quoted it without removing or breaking the URL has just increased its chances of scamming someone by doing SEO work for them.

That's right, yes. It always shocks me how easy it seems to be to rip off uninformed users. There are definitely enough people who think "oh, less fees if I transfer my BTC there, that's worth it!!!". ... without even thinking about it a bit.

Especially in the crypto space, word should have spread by now that you have to be extremely careful with sites that promise free money.

[Snoopey]

Jeez who's the one who invested 600BTC recently!
Way to go diluting my investment 

[safari88]

Jeez who's the one who invested 600BTC recently!
Way to go diluting my investment 

that was really a huge investment, didn't heard about the bustadice for a while i don't remember when was the last time i played on the website do they offer any new on their website probably like a promotion or competitions?

[Serious475]

I played a lot of dice but this is different from others it's easier to play a game just inputting the wage, multiplier you want also you can see immediately those playing on this game. If you want to socialize with other dice games they have channels and create your own and having conversations through your friends too.

Jeez who's the one who invested 600BTC recently!
Way to go diluting my investment 

that was really a huge investment, didn't heard about the bustadice for a while i don't remember when was the last time i played on the website do they offer any new on their website probably like a promotion or competitions?

I've never use bustadice for investment yet now I'm planning about their bankroll just curious about those different features of this website. I encourage other people too why not just having a risk management investment with this. Right now I'm exploring that different feature.

[sunsilk]

I played a lot of dice but this is different from others it's easier to play a game just inputting the wage, multiplier you want also you can see immediately those playing on this game. If you want to socialize with other dice games they have channels and create your own and having conversations through your friends too.

Yup, those are the good reasons why it's one of the best dice sites that we have in the community.

I've never use bustadice for investment yet now I'm planning about their bankroll just curious about those different features of this website. I encourage other people too why not just having a risk management investment with this. Right now I'm exploring that different feature.

Good luck exploring bustadice's invest feature, minimum is 0.01 BTC.

do they offer any new on their website probably like a promotion or competitions?

There's none as of the moment. I don't think that they need it as well, competitions and promotions are for attracting users while bustadice has a good number of active players. You can always pay a visit to the website and simply check the total amount of bankroll instead of the promos and competitions. 

[numanoid]

There's none as of the moment. I don't think that they need it as well, competitions and promotions are for attracting users while bustadice has a good number of active players. You can always pay a visit to the website and simply check the total amount of bankroll instead of the promos and competitions. 

Good number of active players? How many? Just visited bustadice now and i've only seen 3 users playing on there, the nick are trauma, michisobu, and Yu35.

Total bankroll doesn't mean anything, it's just sum of people's investment.

[sunsilk]

Good number of active players? How many? Just visited bustadice now and i've only seen 3 users playing on there, the nick are trauma, michisobu, and Yu35.

You've missed the other active players then.

Total bankroll doesn't mean anything, it's just sum of people's investment.

When a casino is new, many have been talking about the bankroll, the security of a casino/dice site and it's reliability. Now that if an established casino is there and if total bankroll doesn't mean anything to you then those who have a standard of a casino having a good amount of bankroll won't say a thing.

[Lakai01]

Good number of active players? How many? Just visited bustadice now and i've only seen 3 users playing on there, the nick are trauma, michisobu, and Yu35.

You've missed the other active players then.

Bustadice has a very good statistics site where you can see a lot of information about the current status of the site, the bank roll and so on. It currently looks like this:


Source

I don't know where "only seen 3 users playing on there" came from, but I would never have noticed so few players. The chat is actually always very well filled and if you look at the "All" tab, where you can track all current bets, you will see that it is often hard to track because so many bets are made.

[numanoid]

I don't know where "only seen 3 users playing on there" came from,

I've seen that from all tab, go see it right now, there are only few name playing just like i said.  Idc you will believe me or not, it's not my duty to make you believe me though.
Good profit for all investors on bustadice anyway, someone just losses 15 btc while he just registered 11 days ago on bustadice

[jostorres]

~is a site allowing bustadice players to withdraw funds with less fees than the network has!!!

'

Scam of course

Yes, and everyone who quoted it without removing or breaking the URL has just increased its chances of scamming someone by doing SEO work for them.

I guess the idea that there are new people in the crypto world with all these exciting prices allows these scammers to get a lot more hungrier because they see new people and they think fresh blood to scam. Obviously you and me or anybody that has been here for a while would know that they are definitely a scam, but someone who is brand new may not know that.

I have seen plenty of phishing websites get away with hundreds of thousands of dollars, not even few hundred or few thousand, hundreds of thousands of dollars, and that was the peak period of binance and people got binance fake phishing brands and advertised it on google and got so many people from it. It would be smarter for google to not rank these higher or get their ads but google usually respond way too late for these as well, if a scam gets ranked, that means google is waaaay too late, it should ban it way before it could ever get ranked.

[Lakai01]

I've seen that from all tab, go see it right now, there are only few name playing just like i said.  Idc you will believe me or not, it's not my duty to make you believe me though.

I just watched about 30 seconds in the all tab and counted at least 10 different players. This is sometimes not so easy to track because when players play manually, they appear then only very briefly in the list and are immediately displaced by the script/auto rollers again. It is probably also very dependent on the time how many players are currently online and play, for example, on the weekend more users will play than during the week.

I can also recommend this page here: https://dicesites.com/bustadice.
Here you can see the number of daily bets as well as how many BTC are used per day. Quite impressive:

[devans]

TL;DR: The way the bankroll commission rate is calculated is changing. This only affects bankroll investors, so players can skip to the next post.


The intention behind the dynamic commission rate introduced just a few months ago was to reduce the size of the bankroll to a more reasonable one and to find an appropriate commission rate. Today, however, the bankroll is larger than ever. The change clearly isn't fulfilling its purpose, so I am adjusting the formula. At the bankroll's current size of more than $90m this represents a significant increase in the commission rate, which I hope will move investors to realize some of their profits and divest from the bankroll.

Starting on March 2 the commission rate will be calculated like this:

Code:

bankroll * (360-day moving average of BTCXDR) / 80,000,000 XDR

Please see https://bustadice.com/faq#investing for details on when and how the exchange rates are updated and how the commission rate is calculated.

Even though bustadice exclusively uses Bitcoin, the wager volume it sees is stabler in terms of purchasing power. Special drawing rights (XDR) are a currency basket defined by the IMF that consists of USD, EUR, CNY, JPY and GBP. Pegging the commission rate to special drawing rights encourages a reasonable bankroll size regardless of Bitcoin's price without being reliant on any single country's currency.

Despite the huge bets bustabit sometimes sees, more than 99% of its wager volume (!) could be served with a bankroll of "only" $40m. For bustadice, where unlike on bustabit the result of players' bets are not correlated, the number is smaller still. To give a concrete number, I would be happy to see the bankroll decrease by two thirds to about $35m in value. This is what the factor of 80,000,000 XDR targets.

Finally, using the moving average of the exchange rate compensates for the short-term volatility of Bitcoin's price and makes commission rates more predictable.

I owe an apology to bankroll investors for adjusting the formula again so soon. Several people including Ryan suggested incorporating the price of Bitcoin in the calculation back in November, but I wanted to keep things simple and decided on a Bitcoin target instead. Unfortunately the price of Bitcoin had more than doubled less than a month later. With the commission rate now accounting for Bitcoin's price further changes should at most be necessary every few years.