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Author Topic: bustabit – The original crash game  (Read 60196 times)
GamblingSiteFinder
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December 15, 2020, 06:20:49 PM
 #1781

I just noticed that the Bustabit leaderboards now have filters for the past 24 hours, 7 days, month, and all-time.  Grin

Love it! This makes it soOo much easier for investors to see when/why big spikes have occurred.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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December 15, 2020, 06:48:58 PM
 #1782

I think the design of the site quite simple, so it can be advantage and disadvantage too. It`s easy to understand what`s going on and join the game as soon as possible, but some people can be scared of the simple interface and can think that it`s a quickly created site to steal people`s money and leave.
People are obviously prefer simple interface so new people who never bet on bustabit can easily understand how the game works.
I also do not understand why this should be a disadvantage. The design of Bustadice and Bustabit is kept simple, but the designs absolutely do not look cheap or "cobbled together". Both sites have a clear design line, which would certainly not be the case with a scam site.

Personally, I even prefer such sites to heavily overloaded ones with lots of images and moving page elements. In my opinion, the latter scare off newcomers much more, as the pages immediately appear cluttered and are harder to understand.

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December 16, 2020, 06:17:53 AM
 #1783

I have to agree with Lakai01, I prefer a website that has a simple and professional design.
I dont like Sites that have animations all over the place, might not run on all devices, slows down my computer/mobile device.

Bustabit has a nice design and runs smooth on all my devices, what can one want more?
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December 16, 2020, 08:29:17 AM
 #1784

I have to agree with Lakai01, I prefer a website that has a simple and professional design.
I dont like Sites that have animations all over the place, might not run on all devices, slows down my computer/mobile device.

Bustabit has a nice design and runs smooth on all my devices, what can one want more?

Not just that it's one of the fairest casino I ever play with also it's funny to have conversation with other players while placing bets and it's funny when player have consecutive red streak lose or crash and they just blame Daniel for what happened.

ya.ya.yo!

.
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December 16, 2020, 10:06:58 AM
 #1785

I have to agree with Lakai01, I prefer a website that has a simple and professional design.
I dont like Sites that have animations all over the place, might not run on all devices, slows down my computer/mobile device.

Bustabit has a nice design and runs smooth on all my devices, what can one want more?

same . my lappy and pc are not that high quality enough for a fancy gambling site , i always feel laggy and it frustrates me but i dont have a problem visiting basic sites such as bustadice and bustabit .

 in the first place my only goal is to gamble and not to feel good by seing cool animations and nice graphics . its a big loss for a gambling site because we arent the only people that have a low end device
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December 16, 2020, 10:22:25 AM
 #1786

I have to agree with Lakai01, I prefer a website that has a simple and professional design.
I dont like Sites that have animations all over the place, might not run on all devices, slows down my computer/mobile device.

Bustabit has a nice design and runs smooth on all my devices, what can one want more?

same . my lappy and pc are not that high quality enough for a fancy gambling site , i always feel laggy and it frustrates me but i dont have a problem visiting basic sites such as bustadice and bustabit .

 in the first place my only goal is to gamble and not to feel good by seing cool animations and nice graphics . its a big loss for a gambling site because we arent the only people that have a low end device

If you're a real gambler no matter how fancy or modern the animation or the UI you will stay look at how fair the gameplay is. I've been playing in bustabit for a quite time now and honestly i really like this game.

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December 16, 2020, 10:24:38 AM
 #1787

Not just that it's one of the fairest casino I ever play with also it's funny to have conversation with other players while placing bets and it's funny when player have consecutive red streak lose or crash and they just blame Daniel for what happened.

ya.ya.yo!


That is indeed funny!
People claiming Daniel is rigging the system to check the hashes and makes them crash...
The user complaining is normally someone betting 200bits and claims Daniel is making him lose...

Bustabit is one of the fairest sites around!
fullhdpixel
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December 16, 2020, 01:04:36 PM
 #1788

I think the design of the site quite simple, so it can be advantage and disadvantage too. It`s easy to understand what`s going on and join the game as soon as possible, but some people can be scared of the simple interface and can think that it`s a quickly created site to steal people`s money and leave.

People are never afraid of simple interface. When a new gambling website opens, people are reluctant to join because they do not know if the website is legal at all. Bustabit is a reputed and well-known gambling site, with a good previous history. Simple interface is not a problem here, reputation is a fact.
People are trying their best to find a way to work and get paid in illegal ways and they fail to realize instead of putting up that much work to make an app, why not use the same logic and talents and skills to build something entirely original and make money that way? I understand that it may look like this is much more profitable right away, but in the long run a legit method would make you a lot more money.

Scammers will always get caught, and there is even a chance they could be jailed for what they do, does it really worth the risk for it? I would say instead of trying to scam people, use the same amount of work and skill into something legit and I can guarantee you that in the long run you are going to make a lot more money, and you would be safe from any trouble as well.

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December 16, 2020, 03:04:12 PM
 #1789

People are trying their best to find a way to work and get paid in illegal ways and they fail to realize instead of putting up that much work to make an app, why not use the same logic and talents and skills to build something entirely original and make money that way? I understand that it may look like this is much more profitable right away, but in the long run a legit method would make you a lot more money.
You just have to remember that you need comparatively less skills to scam people than you would need to develop and market an app, for example. So until a potential scamer is trained enough to write an app and market it successfully, it will probably take years. Ripping people off is obviously much easier and faster ...

Scams are unfortunately still a very lucrative business. Just look at how many people still fall for the whole "send me 1 bitcoin and I send you two back because I am generous" scams. A prominent one was the Twitter hack in July:

Quote
For their efforts, the scammers received over 400 payments in bitcoin, with a total value of $121,000 at Thursday’s exchange rate, according to an analysis of the Bitcoin blockchain performed by Elliptic, a cryptocurrency compliance firm.

Source

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December 16, 2020, 03:11:07 PM
 #1790

Not just that it's one of the fairest casino I ever play with also it's funny to have conversation with other players while placing bets and it's funny when player have consecutive red streak lose or crash and they just blame Daniel for what happened.

ya.ya.yo!


That is indeed funny!
People claiming Daniel is rigging the system to check the hashes and makes them crash...
The user complaining is normally someone betting 200bits and claims Daniel is making him lose...

Bustabit is one of the fairest sites around!
Hmm just lose 200 bits and he was already blame the site rigged and scammed him? Even Wang guy who lose 297 bitcoins in bustabit just calm and didn't go blame anyone, didn't spamming on chat or other useless action like called bustabit rigged or something like that.
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December 16, 2020, 06:04:30 PM
 #1791

A massive 2081 BTC was just divested from the Bustabit bankroll.

The max profit on the site is now ~₿20 lower as a result.

I'm not saying the two events are related, but just as a reminder to all the bankroll investors:

Quote
Starting on December 15, 2020 the commission rate will be variable at bankroll / 10,000 BTC instead of a static 50%. The commission is only taken from net profits, so it can never exceed 100%.

As of right this very moment, the bankroll at both Bustabit/Bustadice are currently < BTC5000, meaning the commission change is currently more beneficial for investors than the previous policy.

...Also, Bitcoin just surpassed $20,000! Cheers!  Cool

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December 16, 2020, 07:52:46 PM
Last edit: December 16, 2020, 09:06:51 PM by JollyGood
 #1792

Bustabit bankroll currently shows on their website as: around 4800 BTC

Bustadice bankroll currently shows on their website as: around 2000 BTC

If memory serves correct there was a combined investment of over 11,000 BTC until just a few weeks ago. Why would such a large amount of BTC be divested in such a short amount time when even though the returns for bankroll investors might have been less of a share with recent changes but at least the BTC would have stayed safe with a reputable and trustworthy website?

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December 16, 2020, 09:13:52 PM
Merited by RHavar (5), GamblingSiteFinder (1)
 #1793

Bustabit bankroll currently shows on their website as: around 4800 BTC

Bustadice bankroll currently shows on their website as: around 2000 BTC

If memory serves correct there was a combined investment of over 11,000 BTC until just a few weeks ago. Why would such a large amount of BTC be divested in such a short amount time when even though the returns for bankroll investors might have been less of a share with recent changes but at least the BTC would have stayed safe with a reputable and trustworthy website?

It was regarding the update of off-site bankroll being removed. The btc that seemed be removed was the value of the off-site bankroll.
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December 17, 2020, 06:22:04 AM
 #1794

Did the Bankroll really jump up this high, that fast between these 2 posts?  Shocked

As of right this very moment, the bankroll at both Bustabit/Bustadice are currently < BTC5000, meaning the commission change is currently more beneficial for investors than the previous policy.

Bustabit bankroll currently shows on their website as: around 4800 BTC

Bustadice bankroll currently shows on their website as: around 2000 BTC

I mean thats 1800BTC in not even 2 hours... Seems like alot of people used the offsite Invest and just deposited it onto the site...
I like this thread, alot of info being posted Bankroll Size wise and things...

Thanks for the info, appreciate reading such infos!
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December 17, 2020, 01:56:18 PM
 #1795

I think the design of the site quite simple, so it can be advantage and disadvantage too. It`s easy to understand what`s going on and join the game as soon as possible, but some people can be scared of the simple interface and can think that it`s a quickly created site to steal people`s money and leave.
People are obviously prefer simple interface so new people who never bet on bustabit can easily understand how the game works.
I also do not understand why this should be a disadvantage. The design of Bustadice and Bustabit is kept simple, but the designs absolutely do not look cheap or "cobbled together". Both sites have a clear design line, which would certainly not be the case with a scam site.

Personally, I even prefer such sites to heavily overloaded ones with lots of images and moving page elements. In my opinion, the latter scare off newcomers much more, as the pages immediately appear cluttered and are harder to understand.
There is always a middleground on these things, plus design and technology are things that constantly evolve as well. Do I want a website with no CSS at all, purely html, just because I care about features and tech behind it more than design? No, obviously not and I would want some design that is good looking. Do I want a website that has constant features and everything is everywhere and there is a billion other things? Obviously not that neither.

I would like a website that focuses on tech more than design but worked with few designers to get the best possible scenario for them. That would be the ideal part. Bustabit has a "good enough" design, could it be better? Of course it could be better but that doesn't mean this version is not enough neither.

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December 18, 2020, 11:17:22 PM
 #1796

Did the Bankroll really jump up this high, that fast between these 2 posts?  Shocked

I think the bankroll hasn't changed too much. It's just the bustabit has used the terminology "bankroll" to mean "onsite + offsite", and on the 15th of December everyones offsite was set to 0 (and they were given dilution fee credits for that amount). So the bankroll dropped a lot, but the amount "onsite" stayed the same.

It'd be nice if the /stats page showed the commission directly, but currently the bankroll is 4956 BTC, which means the commission is 49.56% (or slightly less than before the change). On bustadice, the bankroll is considerably smaller (1977 BTC) which means commissions massively dropped to 19.77%.

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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December 21, 2020, 02:36:41 PM
 #1797

Did the Bankroll really jump up this high, that fast between these 2 posts?  Shocked

I think the bankroll hasn't changed too much. It's just the bustabit has used the terminology "bankroll" to mean "onsite + offsite", and on the 15th of December everyones offsite was set to 0 (and they were given dilution fee credits for that amount). So the bankroll dropped a lot, but the amount "onsite" stayed the same.

It'd be nice if the /stats page showed the commission directly, but currently the bankroll is 4956 BTC, which means the commission is 49.56% (or slightly less than before the change). On bustadice, the bankroll is considerably smaller (1977 BTC) which means commissions massively dropped to 19.77%.

Investing in bustadice is an insanely good deal right now. Wouldn't be surprised to see the bankroll at 3K+ BTC within a few weeks.

I like gambling. Probably currently trying to figure out how to pay next month's rent.
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December 22, 2020, 09:47:43 AM
Merited by malevolent (2)
 #1798

Investing in bustadice is an insanely good deal right now. Wouldn't be surprised to see the bankroll at 3K+ BTC within a few weeks.

That is the question, is it worth it investing in Bustadice over Bustabit?
Yes the Bankroll might be smaller und +EV, but the Wager Volume is just so much higher on Bustabit...

Wager Volume Bustadice
https://dicesites.com/bustadice

Wager Volume Bustabit
https://dicesites.com/bustabit


It is interesting to see the decrease in volume because of the Bitcoin Pump... Cheesy
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December 22, 2020, 11:35:54 AM
 #1799

Whether it's under or over EV doesn't really matter in terms of investing. That's just gambler's fallacy. The EV from any point onwards will always be the same (1%). But yeah, bustabit's volume is definitely way better. I think the massive change in EV is certainly a factor to consider though despite the differing site activity levels.

Also, the wagered amount in absolute purchasing power (USD) has increased despite BTC wagers decreasing. The former is probably a more relevant metric.

I like gambling. Probably currently trying to figure out how to pay next month's rent.
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December 22, 2020, 03:22:00 PM
 #1800

Did the Bankroll really jump up this high, that fast between these 2 posts?  Shocked

I think the bankroll hasn't changed too much. It's just the bustabit has used the terminology "bankroll" to mean "onsite + offsite", and on the 15th of December everyones offsite was set to 0 (and they were given dilution fee credits for that amount). So the bankroll dropped a lot, but the amount "onsite" stayed the same.

It'd be nice if the /stats page showed the commission directly, but currently the bankroll is 4956 BTC, which means the commission is 49.56% (or slightly less than before the change). On bustadice, the bankroll is considerably smaller (1977 BTC) which means commissions massively dropped to 19.77%.

Investing in bustadice is an insanely good deal right now. Wouldn't be surprised to see the bankroll at 3K+ BTC within a few weeks.
It is really awesome that people do not stop putting money into bustabit because they like it and they trust it, however it is also a way of showing that bustabit is a profitable thing to put your money into. Think about it this way, it is so profitable that bustabit itself had to tell people to stop investing, I understand that it is not "stop investing" that they are saying, they are doing other stuff but basically that's what it comes down to, why? Because it is sooo profitable that people literally kept investing and investing and investing reaching to a point where it wasn't really that profitable anymore, since there were 10k+ bitcoins invested at one point, which is why they had to put a stop on it, they couldn't handle more. So, I would say keep investing if you can, because you are not going to find much better returns anywhere else.

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