drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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August 16, 2013, 03:57:37 AM |
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Inputs withdraws, pretty please with sugar icing on top? why is this something you want? I guess I don't understand the power of inputs. Haha TradeFortress created inputs.
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cowbay
Member
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Activity: 77
Merit: 10
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August 16, 2013, 05:21:34 AM |
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profits > 5k glad to be the tickler rather than the ticklee...
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trout
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August 16, 2013, 05:25:58 AM |
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profits > 5k
a playful whale can still destroy this in just 10 bets.
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ColdHardMetal
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August 16, 2013, 08:13:35 AM |
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profits > 5k
a playful whale can still destroy this in just 10 bets. I hope someone tries.
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bitfromit
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August 16, 2013, 08:15:14 AM |
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profits > 5k
a playful whale can still destroy this in just 10 bets. However, each win of "max bet size" would reduce the max bet size each time... by a little
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Otoh
Donator
Legendary
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Activity: 3080
Merit: 1165
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August 16, 2013, 12:03:59 PM |
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Here's the approx amount of BTC staked weekly & 4 weekly so far as taken from the site's daily figures.
date wagered weekly 4 weekly ---------- --------------- ---------- ---------- 2013-06-20 2919.79120394 2013-06-21 644.49472807 2013-06-22 796.46026012 2013-06-23 1003.34512897 2013-06-24 1204.43427320 2013-06-25 1065.60264041 2013-06-26 5237.27528647 12,872 2013-06-27 7207.34900533 2013-06-28 2614.69110338 2013-06-29 6420.51263080 2013-06-30 1966.41535014 2013-07-01 3595.83494994 2013-07-02 2667.53734318 2013-07-03 3438.89064692 27,912 2013-07-04 3061.90377168 2013-07-05 6055.37219614 2013-07-06 16521.57210031 2013-07-07 4004.34791295 2013-07-08 5494.99888483 2013-07-09 3537.85780509 2013-07-10 4526.38023233 43,202 2013-07-11 7196.50712954 2013-07-12 13427.41888094 2013-07-13 85586.59881216 2013-07-14 74857.67915018 2013-07-15 14501.68802324 2013-07-16 12106.68823300 2013-07-17 124770.54288709 332,449 416,435 2013-07-18 9864.54567229 2013-07-19 59077.29771109 2013-07-20 19642.42567084 2013-07-21 50859.89798946 2013-07-22 12651.08401018 2013-07-23 16099.51462021 2013-07-24 24166.72399172 192,362 2013-07-25 11136.45881926 2013-07-26 16495.17058690 2013-07-27 24772.36781111 2013-07-28 21311.93967118 2013-07-29 6521.08392638 2013-07-30 29702.15103563 2013-07-31 5057.24862215 114,996 2013-08-01 5045.37567396 2013-08-02 5135.35298713 2013-08-03 7137.81257895 2013-08-04 6077.53644664 2013-08-05 15842.19155358 2013-08-06 29746.98110144 2013-08-07 7178.03969418 76,163 2013-08-08 5473.70826204 2013-08-09 5258.33539316 2013-08-10 8887.61167099 2013-08-11 11516.68584811 2013-08-12 7751.12028836 2013-08-13 4914.86873106 2013-08-14 6399.71739677 50,203 433,724 2013-08-15 4719.11540364
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bitcoin44me
Full Member
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Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
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August 16, 2013, 12:30:35 PM |
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profits > 5k
a playful whale can still destroy this in just 10 bets. However, each win of "max bet size" would reduce the max bet size each time... by a little Still, a whale can steal it within 2 hour. Do you remember when JD came from +2k to -3k?
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bitfair
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August 16, 2013, 12:33:53 PM |
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profits > 5k
a playful whale can still destroy this in just 10 bets. However, each win of "max bet size" would reduce the max bet size each time... by a little Still, a whale can steal it within 2 hour. Do you remember when JD came from +2k to -3k? I remember! That was very exciting, hope that whale comes back...
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bitcoin44me
Full Member
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Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
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August 16, 2013, 12:42:05 PM |
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He probably sold all his bitcoins and became millionnaire now
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BitCsByBit
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August 16, 2013, 12:50:56 PM |
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I'm sure there is more than one whale around
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Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
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RationalSpeculator
Sr. Member
Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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August 16, 2013, 02:02:14 PM Last edit: August 16, 2013, 02:27:42 PM by RationalSpeculator |
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profits > 5k
a playful whale can still destroy this in just 10 bets. However, each win of "max bet size" would reduce the max bet size each time... by a little Still, a whale can steal it within 2 hour. Do you remember when JD came from +2k to -3k? I don't see a problem with whales, they could just as well lose 5k in a day too. The problem I see is that current expected return, calculated on turnover of the last 7 days (7036 btc bet per day), averaged at 0.14% per day or 4% per month. (because per day expected return is 1% of that so 703.6 btc but capital is now 50k). Although this looks acceptable on first sight, it is a new record low. The average expected return since inception has been 0.64% per day or 20% per month. Even in the first week expected return was 0.18% per day or 5% per month. Expected returns on investment are dropping at a rapid rate as invested capital is going up day by day while gambling turnover is actually doing the inverse and dropping for a month in a row now. At the same time risk for robbery and theft is going up considerably as the bankroll becomes bigger. The question one needs to ask is expected return of 4% per month enough to expose yourself to such an increased risk of theft? Reducing of exposure to JD is desirable as this continues to deteriorate.
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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August 16, 2013, 02:07:45 PM |
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Is 4% per month enough to expose yourself to such an increased risk of theft?
Reducing of exposure to JD is desirable as this continues to deteriorate.
Well hopefully this will make an equilibrium. As more people think that the risk for 4% is not worth it and pull out, the risk takers among us that stay invested will profit a little more. As more people divest in the future, investor returns will increase and more people will come back to invest, the key is that the people that simply stay invested will profit the most, even if some months we only make 1% Personally I think will are quickly approaching a point where getting 20% a year will be normal. I am hoping a lot of people start pulling out at that point, if they don't then the returns here will become worse than a savings account.
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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August 16, 2013, 02:22:52 PM |
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Is 4% per month enough to expose yourself to such an increased risk of theft?
Reducing of exposure to JD is desirable as this continues to deteriorate.
Well hopefully this will make an equilibrium. As more people think that the risk for 4% is not worth it and pull out, the risk takers among us that stay invested will profit a little more. As more people divest in the future, investor returns will increase and more people will come back to invest, the key is that the people that simply stay invested will profit the most, even if some months we only make 1% Personally I think will are quickly approaching a point where getting 20% a year will be normal. I am hoping a lot of people start pulling out at that point, if they don't then the returns here will become worse than a savings account. There is another risk, risk of prosecution. Investing in gambling is illegal in many countries (unjustly I agree). Chances are low that investors would be prosecuted next to administrators, but it's possibile. You can invest anonymously in JD but it is hard not to make any mistake as you always need to use tor + vpn. And any funds coming or going to JD may not be connectable to an exchange or your identity. This means that you are actually risking more than just the money you put in. You are risking all your assets, as prosecution of illegal activity can lead to freezing and seizure of all your assets. So, I think the correct question is: is 4% per month enough to risk increased risk of theft and prosecution? Correct me if I'm wrong please.
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Kuroth
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August 16, 2013, 02:25:21 PM |
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Got to try this sometime
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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August 16, 2013, 02:32:05 PM |
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This means that you are actually risking more than just the money you put in. You are risking all your assets, as prosecution of illegal activity can lead to freezing and seizure of all your assets.
So, I think the correct question is: is 4% per month enough to risk increased risk of theft and prosecution?
Correct me if I'm wrong please.
Yeah that is a good point, but most people into Bitcoin don't care about those real world consequences so much, already they are putting hundreds of thousands into a random dice site created less than 2 months ago. I'm sure if this was a investing forum with experienced investors things would be very different, but the world of Bitcoin is very wild west still. However I do agree with you.
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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August 16, 2013, 02:33:57 PM Last edit: August 16, 2013, 02:45:14 PM by RationalSpeculator |
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Dooglus is not making a big secret about his real world identity.
This adds serious risk to theft by illegal and legal gangs.
Dooglus, how do you look at this? Was this a conscious choice? Or something you would have prefered to do differently looking back?
Maybe I'm being paranoid in which case I would value to receive the arguments.
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RationalSpeculator
Sr. Member
Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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August 16, 2013, 02:57:48 PM |
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This means that you are actually risking more than just the money you put in. You are risking all your assets, as prosecution of illegal activity can lead to freezing and seizure of all your assets.
So, I think the correct question is: is 4% per month enough to risk increased risk of theft and prosecution?
Correct me if I'm wrong please.
Yeah that is a good point, but most people into Bitcoin don't care about those real world consequences so much, already they are putting hundreds of thousands into a random dice site created less than 2 months ago. I'm sure if this was a investing forum with experienced investors things would be very different, but the world of Bitcoin is very wild west still. However I do agree with you. Thanks for your validation. A sidenote is that it is not illegal to gamble in most countries to my knowledge. So if you are being accused of investing in JD/gambling and they have proof that you transferred or received coins from JD, they cannot know if it was for gambling or investing in gambling (unless they have internal records of JD, is this correct dooglus?).
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Progressive
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August 16, 2013, 03:38:20 PM |
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Here is one trick: DMS is invested in Just Dice. So if you buy DMS (purchase or selling) when there is a big profit at J-D in last 24h before 16:00 GMT (before adjusting the PURCHASE price for investments (J-D) gains) you are buying cheaper DMS than any other day. Today J-D should earn 1.66 BTC for DMS according to my calculation.
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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August 16, 2013, 04:08:58 PM Last edit: August 18, 2013, 07:45:03 PM by RationalSpeculator |
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Here is one trick: DMS is invested in Just Dice. So if you buy DMS (purchase or selling) when there is a big profit at J-D in last 24h before 16:00 GMT (before adjusting the PURCHASE price for investments (J-D) gains) you are buying cheaper DMS than any other day. Today J-D should earn 1.66 BTC for DMS according to my calculation.
Is that the one where the fund manager calls his clients losers? I have no intention to 'deprive' me of anything.
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twentyseventy
Legendary
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Activity: 1386
Merit: 1000
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August 16, 2013, 04:21:23 PM |
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Here is one trick: DMS is invested in Just Dice. So if you buy DMS (purchase or selling) when there is a big profit at J-D in last 24h before 16:00 GMT (before adjusting the PURCHASE price for investments (J-D) gains) you are buying cheaper DMS than any other day. Today J-D should earn 1.66 BTC for DMS according to my calculation.
1.66 BTC / 110268 Shares = 0.00001505 per Share At DMS' last sale price, this is only a .08% 'gain' for you (that's 8 Hundredths of a percent, not 8%). It's not nothing, but it's really not a lot
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