drawingthesun
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Activity: 1176
Merit: 1015
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September 11, 2013, 08:02:52 AM |
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Also if anyone is interested. A wagered of 5,000 btc per day will return 25% - 27% per year to the investors.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Rannasha
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September 11, 2013, 08:12:52 AM |
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Also if anyone is interested. A wagered of 5,000 btc per day will return 25% - 27% per year to the investors.
Which is not all that much considering there are bonds paying in the low-20's per year (as well as CoinLenders), with considerably less risk. |
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drawingthesun
Legendary
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Activity: 1176
Merit: 1015
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September 11, 2013, 10:57:25 AM |
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Also if anyone is interested. A wagered of 5,000 btc per day will return 25% - 27% per year to the investors.
Which is not all that much considering there are bonds paying in the low-20's per year (as well as CoinLenders), with considerably less risk. Perhaps and perhaps not. We don't know what risk Coinlenders has because TF has not had a negative run so far. What happens then? Also wagered might be more or might be less than 5,000. I have a feeling that the first few weeks will be really good for them. But this type of investment is long so I am not sure what to think. Its got a higher edge than JD so will it survive in the long run? Anyone else have any opinions? |
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superbit
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September 11, 2013, 08:51:32 PM |
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marinamao
Member
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Activity: 69
Merit: 10
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September 12, 2013, 03:38:25 AM |
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horsea
Newbie
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Activity: 20
Merit: 0
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September 12, 2013, 01:47:33 PM |
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I am happy with the public beta... I once was worried about my investment, though
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pascal257
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September 12, 2013, 07:31:01 PM |
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Why the fuck can each link only be used once? That screams spam. And also you can't conveniently advertise the site in your signature. Doesn't seem like a bright idea.
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superbit
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September 12, 2013, 07:36:28 PM |
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Martin Gale (OP)
Newbie
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Activity: 53
Merit: 0
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September 13, 2013, 02:07:49 AM |
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Updated the OP with more info about the site bankroll.
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bittymitty
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September 13, 2013, 02:12:08 AM |
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Are we really suppose to believe there are more than 10 bets a second on this new site?
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bitrich
Member
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Activity: 109
Merit: 10
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September 13, 2013, 02:34:31 AM |
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I really like the site. As a mildly experienced just-dice player I have to say the site looks professional (minus a few small bugs) I really like the built-in martingale feature. Or maybe better to call it auto-play with pre-set parameters? Either way I can see this as one reason people would play here, also the jackpot feature. I personally think this looks to be the best designed of all the recent new dice sites.
I do however believe the house edge needs to come down. I think it will just give people a reason to stick with other sites long-term.
IPO seems over-priced but may prove reasonable within a few months.
Some questions I have so far are, what do I receive when I send you BTC to prove I own shares?
When will dividend payouts start?
Do you have any plans of selling the company later and what's the plan for shareholders if you do?
Sorry if I missed this info somewhere,
EDIT: Found some answers on first page
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Duffer1
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September 13, 2013, 02:45:36 AM |
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Is this site worth $6mil yet?
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joele
Legendary
Offline
Activity: 1022
Merit: 1000
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September 13, 2013, 02:52:23 AM |
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Pale Phoenix
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September 13, 2013, 03:25:52 AM
Last edit: September 13, 2013, 03:39:10 AM by Pale Phoenix |
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Is this site worth $6mil yet?
6 million is ok, but ya know what would be really cool? 6 billion! LOL Edit: I actually took a look at the site and it seems solid. The graph is cool, but perhaps with an option to collapse it so it's easier to see the chart. I found myself having to scroll down each time to see the results chart. When I dice, I dice with dooglus, but nice job with the site. |
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mechs
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September 13, 2013, 03:36:13 AM |
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This whole thing seems so sketchy. So in 3 days, they have 100,000 BTC wagered? And that is with the highest house edge out there of 2% (double that of Just-Dice, Primedice and coinroll.it). I am going to laugh my ass off when any idiots who fall for this scam cry like babies.
But hey the anonymous "Martin Gale" with no prior rep or posts beyond a couple weeks ago is the OP and it is endorsed by Nakowa/celeste/cici/towtoad a known thief, scammer and all around scumbag. So funny.
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Pale Phoenix
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September 13, 2013, 03:37:57 AM |
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This whole thing seems so sketchy. So in 3 days, they have 100,000 BTC wagered? And that is with the highest house edge out there of 2% (double that of Just-Dice, Primedice and coinroll.it). I am going to laugh my ass off when any idiots who fall for this scam cry like babies.
I don't disagree overall, but I think the amount wagered is from test coins. I had 1BTC in my account automatically when I clicked one of the links above. |
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joele
Legendary
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Activity: 1022
Merit: 1000
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September 13, 2013, 03:56:07 AM
Last edit: September 13, 2013, 06:55:58 AM by joele |
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getfreebtc
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September 13, 2013, 05:39:41 AM
Last edit: September 13, 2013, 07:20:04 AM by getfreebtc |
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towtoad
Member
Offline
Activity: 98
Merit: 10
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September 13, 2013, 07:34:08 AM |
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To check my luck, I placed a single bet on JD with 300BTC: https://just-dice.com/roll/124870903Since I won, I'll do another spread out: 1 BTC for 10 BTC investment on http://ipo.letsdice.comfrom now on, 120 BTC available! and in case you all didn't notice, I'm quoting Martin's new message here: Update - September 13th - New Bankroll Info
1. About the Bankroll
a) The first 10,000 BTC bankroll belongs to the shareholders of the initial 20% of shares released.
b) These original IPO shares are specially noted and traceable (so we know who owns IPO shares)
c) Every time the bankroll increases by 10,000 BTC, we will send 2,000 BTC back to the shareholders who bought in at the IPO. So, when the bankroll reaches 20,000 BTC, a payment of 2,000 BTC will be spread among the original 1,000,000 shares.
i. Bankroll: 20,000-2,000=18,000
ii. Bankroll: 28,000-2,000=26,000
iii. Bankroll: 36,000-2,000=34,000
iv. Bankroll: 44,000-2,000=42,000
v. Bankroll: 52,000-2000=50,000
d) In this way, when the bankroll hits 50,000 BTC, the original shareholders will have recovered their investment, while still retaining their shares. The entire bankroll belongs to the shareholders.
e) The initial bankroll is planned to grow by [wagered amount x 1% x 25%] (although this will be decided in the initial board member meeting). Board members may decide in the early stages to increase this percentage to allow for faster bankroll growth.
f) If the bankroll drops below 5,000 BTC, we have the following plan (which we hope we will not have to ever use!)
i. We will sell the necessary number of shares at market price to bring the bankroll back up.
ii. The IPO shareholders will have first preference to buy these shares.
iii. This 5000 BTC bankroll is also the property of all shareholders, and will follow the aforementioned restitution plan (i.e., 2,000 BTC back to the original shareholders per 10k raised)
2. Regarding the Board of Directors
a) To become a board member, one must own at least 20,000 shares and hold them for more than 2 months.
b) Any given shareholder may only have one board seat, regardless of number of shares held.
c) The LetsDice team has only one board seat (although we retain a veto power) |
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David Chen
Member
Offline
Activity: 91
Merit: 10
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September 13, 2013, 08:21:37 AM |
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To check my luck, I placed a single bet on JD with 300BTC: https://just-dice.com/roll/124870903Since I won, I'll do another spread out: 1 BTC for 10 BTC investment on http://ipo.letsdice.comfrom now on, 120 BTC available! and in case you all didn't notice, I'm quoting Martin's new message here: Update - September 13th - New Bankroll Info
1. About the Bankroll
a) The first 10,000 BTC bankroll belongs to the shareholders of the initial 20% of shares released.
b) These original IPO shares are specially noted and traceable (so we know who owns IPO shares)
c) Every time the bankroll increases by 10,000 BTC, we will send 2,000 BTC back to the shareholders who bought in at the IPO. So, when the bankroll reaches 20,000 BTC, a payment of 2,000 BTC will be spread among the original 1,000,000 shares.
i. Bankroll: 20,000-2,000=18,000
ii. Bankroll: 28,000-2,000=26,000
iii. Bankroll: 36,000-2,000=34,000
iv. Bankroll: 44,000-2,000=42,000
v. Bankroll: 52,000-2000=50,000
d) In this way, when the bankroll hits 50,000 BTC, the original shareholders will have recovered their investment, while still retaining their shares. The entire bankroll belongs to the shareholders.
e) The initial bankroll is planned to grow by [wagered amount x 1% x 25%] (although this will be decided in the initial board member meeting). Board members may decide in the early stages to increase this percentage to allow for faster bankroll growth.
f) If the bankroll drops below 5,000 BTC, we have the following plan (which we hope we will not have to ever use!)
i. We will sell the necessary number of shares at market price to bring the bankroll back up.
ii. The IPO shareholders will have first preference to buy these shares.
iii. This 5000 BTC bankroll is also the property of all shareholders, and will follow the aforementioned restitution plan (i.e., 2,000 BTC back to the original shareholders per 10k raised)
2. Regarding the Board of Directors
a) To become a board member, one must own at least 20,000 shares and hold them for more than 2 months.
b) Any given shareholder may only have one board seat, regardless of number of shares held.
c) The LetsDice team has only one board seat (although we retain a veto power) I have invested 20 bitcoins yesterday, could you pls give me 2 bitcions feedback? |
reputation is everything.
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