bustabit – The original crash game

[RealMalatesta]

I think it is obvious that many people missed on bitcoin chance

It's not obvious to me at all. Isn't it possible that there are still significant gains to be made on Bitcoin?

Not like we used to. I mean I agree that you could triple your money in bitcoin even if you buy now, you could even 10x in the long run, those are huge gains and I agree. However lets face it, there were people who bought under 100 dollars and the price is over 50k easily right now, that means people made insane returns, returns that will never happen, which is why I think people did missed their chances to make that kind of return, you can't just put few thousand and become a millionaire, that is long gone for sure. This is why I think it is clear that some people are trying to over risk what they are doing and trying to make that kind of return.

Investing into a casino is a great idea to do that, house always wins so being the house means they will always win and that is why making a decision to not leave here makes sense to me as well.

[jpcfan]

I think it is obvious that many people missed on bitcoin chance

It's not obvious to me at all. Isn't it possible that there are still significant gains to be made on Bitcoin?

that is right doog. were in inning 3 maybe of a 9 inning game.


doog NFT's of you and your stuff would be worth alot of money.

hit me up on this site called just-dice.com and i will show you what i mean

[JollyGood]

The time for minimal investment and maximum profit via Bitcoin is over. The days you could buy thousands or hundreds of Bitcoin for a few USD$ and sell them for hundreds or thousands of USD$ each will not return as you said so many people bought for under $100 and now see Bitcoin worth over $50,000.

I think it is obvious that many people missed on bitcoin chance

It's not obvious to me at all. Isn't it possible that there are still significant gains to be made on Bitcoin?

Not like we used to. I mean I agree that you could triple your money in bitcoin even if you buy now, you could even 10x in the long run, those are huge gains and I agree. However lets face it, there were people who bought under 100 dollars and the price is over 50k easily right now, that means people made insane returns, returns that will never happen, which is why I think people did missed their chances to make that kind of return, you can't just put few thousand and become a millionaire, that is long gone for sure. This is why I think it is clear that some people are trying to over risk what they are doing and trying to make that kind of return.

Investing into a casino is a great idea to do that, house always wins so being the house means they will always win and that is why making a decision to not leave here makes sense to me as well.

[wiss19]

I do not agree that bitcoin is "nowhere near over" for the logic of price. Sure we will increase, and sure we will do fine but just like realmalatesta said we are not going to see 6000x type of increase, that would be silly and we would be basically at a marketcap that is bigger than all of stock markets combined, that's just silly to expect something like that.

We are already at a very high level and on top of that you are expecting it to go higher "that" much? I think it may do another 10x or so but that's about it, and that is why I do not see it going super high at any time soon. Not saying that it can't break over a million dollars for example but even if it can achieve that it is not the same thing. That is why I agree that bustabit is the best ever investment anyone can make, at least our bitcoins are not sitting around waiting for something else to happen.

[romero121]

I do not agree that bitcoin is "nowhere near over" for the logic of price. Sure we will increase, and sure we will do fine but just like realmalatesta said we are not going to see 6000x type of increase, that would be silly and we would be basically at a marketcap that is bigger than all of stock markets combined, that's just silly to expect something like that.

We are already at a very high level and on top of that you are expecting it to go higher "that" much? I think it may do another 10x or so but that's about it, and that is why I do not see it going super high at any time soon. Not saying that it can't break over a million dollars for example but even if it can achieve that it is not the same thing. That is why I agree that bustabit is the best ever investment anyone can make, at least our bitcoins are not sitting around waiting for something else to happen.

Expecting a 6000x increase of the market is something beyond the limitation. When we think of such a rise we need to think of the increase in the real-time usage associated with it. As of now we're getting into the very beginning days of large scale and mainstream adoption with the participation of few corporate firms. This market needs to widen, and only then the increase happening with the market seems to be fair. If not the growth seems to be a manipulated one against the stocks.

[bigdog6391]

investor commission at 90% does anyone know the estimated apy for investors at this commission rate?

[RHavar]

investor commission at 90% does anyone know the estimated apy for investors at this commission rate?

My rough guess:

Over the last 30 days, an average of 195.113741 BTC/day has been wagered. With 90% commission, that means investors should on average make:  0.195113741 BTC/day.

1 BTC would give you 0.029722% of the bankroll.  So you'd make 0.000058 BTC/day. 365 days of that, and you're at 0.0212 BTC.  

So basically 2% apy?  Makes me feel less bad about the 5 BTC I divested to play some rock-paper-scissors with @scenekingsuit  

[JollyGood]

Both Bustadice and Bustabit have dominated within their respective spheres with regards to bankroll investments but looking at history if existing established organisations do not innovate and do not stay ahead of the curve then they suffer badly, in some cases with businesses closing because innovative competitors come along and attract new users.

I understand the concept of "if it is not broken there is no need to fix it" but will there be any innovation to either website soon? Are there any plans to update the game-play structure?

Bustabit has become one of the most popular game platforms in its own right. Its use is increasing and even if the rate of investment commission decreases the price of currencies will rise again we have a lot of users who are on your network for a variety of reasons but I think how easy it is to adjust games with the penguin system when I say that we use linux among other things. Like the playstation and xbox bustabit has its social component which greatly improves the user experience.

[Kittygalore]

Both Bustadice and Bustabit have dominated within their respective spheres with regards to bankroll investments but looking at history if existing established organisations do not innovate and do not stay ahead of the curve then they suffer badly, in some cases with businesses closing because innovative competitors come along and attract new users.

I understand the concept of "if it is not broken there is no need to fix it" but will there be any innovation to either website soon? Are there any plans to update the game-play structure?

I hope that they will have some innovations but in the end we just have to hope that they will do so as @JollyGood says those who remain stagnant will get left behind. I wanted to invest in them but then I saw these and thought of all the possibilities that could happened when I invested and suddenly a better one comes up and all the players will migrate leaving them desolated and my investment not growing.

[sana54210]

investor commission at 90% does anyone know the estimated apy for investors at this commission rate?

My rough guess:

Over the last 30 days, an average of 195.113741 BTC/day has been wagered. With 90% commission, that means investors should on average make:  0.195113741 BTC/day.

1 BTC would give you 0.029722% of the bankroll.  So you'd make 0.000058 BTC/day. 365 days of that, and you're at 0.0212 BTC.  

So basically 2% apy?  Makes me feel less bad about the 5 BTC I divested to play some rock-paper-scissors with @scenekingsuit  

Most people do make that type of calculation and they come to conclusion of "hey it is better than zero" and that is the trick there. Sure you could maybe make more on some big losers but you could also lose some on big winners, which is why I take that 2% annual return as the real thing and the whole year average and I can say that's still good. I am not saying nobody can find better at someplace else, of course they can find some other place that offers more, but we trust bustabit and we know that devans will not scam us and that is why I believe that we are at a point where instead of zero, we get 2% and that is good enough for me.

That is why I think it is quite important to focus on things that matter and look positive, if we attach ourselves to the negative things that would make things a lot worse and we will not be happy about it, if I see it as "could have been 10% yearly" that would be upsetting but if I see it as "could have been negative" then I am happy.

[JollyGood]

Bustabit/Bustadice are good very investments for those wanting to invest in bankrolls in reputable casinos and gaming sites so until or unless some other sites come along and take a slice of the user base currently with Bustabit/Bustadice then I see no reason why you should not contemplate investing.

I hope that they will have some innovations but in the end we just have to hope that they will do so as @JollyGood says those who remain stagnant will get left behind. I wanted to invest in them but then I saw these and thought of all the possibilities that could happened when I invested and suddenly a better one comes up and all the players will migrate leaving them desolated and my investment not growing.

[Lakai01]

I am not saying nobody can find better at someplace else, of course they can find some other place that offers more, but we trust bustabit and we know that devans will not scam us and that is why I believe that we are at a point where instead of zero, we get 2% and that is good enough for me.

Exact. Of course, other exchanges or platforms offer higher return possibilities, but I like to remember Bitconnect, where many people I know lost a lot of BTC in one fell swoop. People were simply lured by the 50% return per year, transferred their valuable BTC to Bitconnect and were punished after a relatively short time.

The reputation of the platform plays the most central role for me here, both Bustadice and Bustabit are definitely very far ahead in my personal trust ranking

[RHavar]

This screenshot explains his ignorance and how he choses to ruin my name online making me appear as a scammer - https://gyazo.com/67293345fe15ca85678e8955e0e9e121

I'm not sure what that screenshot shows, but I regret trying even trying to understand what's happening there. But I'm guessing that you and Mr. StackGod don't like each other. What I don't get is why you even care? Or think anyone else would want to get involved in some personal spat.

Just so you know, I believe Mr. StackGod is the guy who got robbed by a hooker. Went in with cash and high-hopes and left with only his virginity.

So from what I see, you're a dude who somehow managed to get a casino to not even want to take your money. And you're feuding with a dude who quite literally can't get a professional hooker to sleep with him.  Like, Jesus Christ, man, you might want to re-evaluate your life-choices.

[hopenotlate]

This screenshot explains his ignorance and how he choses to ruin my name online making me appear as a scammer - https://gyazo.com/67293345fe15ca85678e8955e0e9e121

I'm not sure what that screenshot shows, but I regret trying even trying to understand what's happening there. But I'm guessing that you and Mr. StackGod don't like each other. What I don't get is why you even care? Or think anyone else would want to get involved in some personal spat.

Just so you know, I believe Mr. StackGod is the guy who got robbed by a hooker. Went in with cash and high-hopes and left with only his virginity.

So from what I see, Daniel won't even take your money; you're getting banned from discord groups; and you're feuding with a dude who quite literally couldn't pay a woman to sleep with him.  Like, Jesus Christ, man, you might want to re-evaluate your life-choices.

When I read symg post I tought "nothing to see here , let's move on"....but now those bolded part beside making my day are also making me curious to know more about that story 

[RHavar]

When I read symg post I tought "nothing to see here , let's move on"....but now those bolded part beside making my day are also making me curious to know more about that story  

My understanding is that Mr. StackGod is on the heavy-set side, which diminished both the appeal of contractional fulfillment along with the logistical risks of being chased. But for the full details of the story you'll have to talk to him, but it was pretty entertaining.

[tygeade]

Obviously the amount of money made from this with this much bankroll will not be as much as it could be, most probably it will be lower, and we could have a lot less bankroll and a lot higher profit for that. However I agree with sana54210 because it is just something, even a low amount is something and crypto is at a very dangerous spot right now.

There are so many people who think that we are too high and we could go down right now, and there are too many people who think we could still keep going up. One thing both of those people have in common is that since bitcoin became more mainstream and more known, there are a lot more places that are risky, I have seen places that offer as much as 1 million APR and that is obviously a big joke to almost all of us, but when it becomes more "realistic" numbers it looks real and still you could get scammed. The trust we have towards bustabit is the biggest reason why people keep their money here.

[RHavar]

@symg I think the only appropriate thing to do with your accusation against StackGod is to refer it directly to law enforcement. Things of that nature are serious and something that law enforcement does tend to take quite seriously. Public accusations on the other hand just lead to a shit-show and are often pretty unfair on the accused as it leaves their name tainted even if there claim is totally meritless.

With regards to your money, why don't you just withdraw it to a different establishment that would better value the business of a gentlemen like yourself? It's not like bustabit/bustadice is the only game in town

[Lakai01]

Anyways Daniel still has my funds locked and I have no hope withdrawing my £62.35 now, fucking bullshit of a site, when I need funds emergently I need to fucking withdraw and now look at how I'm getting fucking locked off. Nazar is real you man, jealousy is real

Either I've read over that now or I don't quite understand what you're getting at. Why can't you just withdraw your funds? A chat ban should have nothing to do with it.

Have you already tried to contact Daniel via the support email? He is also active in the forum, but I don't know how regularly he reads posts here. I am sure you could also use the support address of Bustadice to reach out to him: hello@bustadice.com

[StackGambler]

This screenshot explains his ignorance and how he choses to ruin my name online making me appear as a scammer - https://gyazo.com/67293345fe15ca85678e8955e0e9e121

I'm not sure what that screenshot shows, but I regret trying even trying to understand what's happening there. But I'm guessing that you and Mr. StackGod don't like each other. What I don't get is why you even care? Or think anyone else would want to get involved in some personal spat.

Just so you know, I believe Mr. StackGod is the guy who got robbed by a hooker. Went in with cash and high-hopes and left with only his virginity.

So from what I see, you're a dude who somehow managed to get a casino to not even want to take your money. And you're feuding with a dude who quite literally can't get a professional hooker to sleep with him.  Like, Jesus Christ, man, you might want to re-evaluate your life-choices.

Hey fuck you, there's so much wrong there I won't even begin to unpack it. There wasn't even a real hooker in this scenario

This screenshot explains his ignorance and how he choses to ruin my name online making me appear as a scammer - https://gyazo.com/67293345fe15ca85678e8955e0e9e121

I'm not sure what that screenshot shows, but I regret trying even trying to understand what's happening there. But I'm guessing that you and Mr. StackGod don't like each other. What I don't get is why you even care? Or think anyone else would want to get involved in some personal spat.

Just so you know, I believe Mr. StackGod is the guy who got robbed by a hooker. Went in with cash and high-hopes and left with only his virginity.

So from what I see, you're a dude who somehow managed to get a casino to not even want to take your money. And you're feuding with a dude who quite literally can't get a professional hooker to sleep with him.  Like, Jesus Christ, man, you might want to re-evaluate your life-choices.

StackGod is a fucking pathetic liar, lies about his fucking age to move to underaged girls and he attacks muslims especially calling the prophet (PBUH) a pedophile. Stack should at all cost be fucking avoided if not banned, he doesn't deserve to be on the site one bit, I knew a friend who was 16, Stack forced her into sending videos in exchange for bits.

People like you are easily mislead by what dirty people like him really hold.

Anyways Daniel still has my funds locked and I have no hope withdrawing my £62.35 now, fucking bullshit of a site, when I need funds emergently I need to fucking withdraw and now look at how I'm getting fucking locked off. Nazar is real you man, jealousy is real

Aren't you the guy who is infamous for running 'pedo accusations' on people for amusement, and then trying to extort them for money? You did it to me twice and it didn't work...

Also, Prophet Muhammed is indeed a pedophile, according to the very book you worship... If you'd bother reading it. There seems to be a lot of projection going on here.

This forum really is a cesspool...

[StackGambler]

Just had a read through the thread, and as a long time bustabit player and the owner of the largest off-site bustabit-related community, I can verify that the user in question has made hundreds upon hundreds of Discord and bustabit accounts attempting to rob & extort all sorts of people. He's been late on tens of loans, including several from me, is an incessant beggar, talks about religion way too much, and is overall not a very pleasant person to be around if you want your wallet to remain as full as it was before you entered the room. +1 vouch for Daniel banning him, great choice