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Author Topic: playtin shares - >2%/week  (Read 3268 times)
addi
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March 10, 2014, 03:26:12 AM
 #21

Addi, thanks for the very interesting insider information.
In my opinion their factors (maxbet/bankroll) are way to conservative, maybe that is one of the reasons why they don't make more profit. On the other hand, as a shareholder, it is great to know that there is no risk that the casino itself goes bankrupt.

BTW, today I got 0.00289207 BTC per share Grin

I looked, it seems they have made their maxbets automatically alter depending on how much the bankroll (ie. # shares) is. Only 0.022 BTC max per number on Roulette currently is really low and leaves a lot of bitcoin on the table.

00null (OP)
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March 10, 2014, 05:12:37 PM
 #22

Addi, thanks for the very interesting insider information.
In my opinion their factors (maxbet/bankroll) are way to conservative, maybe that is one of the reasons why they don't make more profit. On the other hand, as a shareholder, it is great to know that there is no risk that the casino itself goes bankrupt.

BTW, today I got 0.00289207 BTC per share Grin

I looked, it seems they have made their maxbets automatically alter depending on how much the bankroll (ie. # shares) is. Only 0.022 BTC max per number on Roulette currently is really low and leaves a lot of bitcoin on the table.

I agree, 22 mBTC is quite low. However, from playing there I know that this is per field, so even if the number itself is maxed, you can still place the double maxbet on the splits around it, and 4 times the maxbet on the corners around it. But still, too low.

Anyway, in the meantime I enjoy the very nice daily dividend Smiley

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March 11, 2014, 01:45:46 AM
 #23

0.00280192 BTC per share today, slightly less than yesterday

00null (OP)
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March 12, 2014, 12:37:34 AM
 #24

Got 0.00292807 BTC per share today.

So over the last 7 days I got a dividend of almost exactly 2% - very nice!

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March 13, 2014, 03:11:31 AM
 #25

Almost similar to yesterday: 0.00293247 BTC per share, so again almost 0.3% per day Smiley

Timetwister
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March 13, 2014, 10:57:48 AM
 #26

So just 1 person posts about received dividends... It seems so fishy.
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March 13, 2014, 05:48:58 PM
 #27

Almost similar to yesterday: 0.00293247 BTC per share, so again almost 0.3% per day Smiley

I read every post you've put on BCT. You've been around awhile. You aren't just posting
about casinos. You got burned by BFL (like the rest of us). You look like a real contributor
to the community.

00null, your motive for talking on about playtin is not understood. Do you care to be more
transparent as to why you keep saying, "Come on in, the water's fine"?

Where are all the other folk saying, "Come on in, the water's fine"?

Why did playtin stop activity on the bct forum? Do you know who runs this casino? Can you
show (within this forum space) how the casino is provably fair? (I'd love to see a txid from
one of your recent bets).

Anyway, a 100BTC is a lot of coin to risk on a low volume, low purse casino. It will likely
take much more than you reporting 0.3%/day return on investment. If you want to grow
the success of this casino, please explain how they intend to grow their business model.

Ultimately, I am asking for some "investment worthy" information.
QuanSushi
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March 13, 2014, 06:16:16 PM
 #28

As I understand they issue the shares themselves? Where is the security for investors? Is there someone who does the audit? Who guarantees that the shares won't be diluted?
00null (OP)
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March 14, 2014, 04:33:53 AM
 #29

00null, your motive for talking on about playtin is not understood. Do you care to be more
transparent as to why you keep saying, "Come on in, the water's fine"?
Well, I am playing there since about 1 year. Never had any issues. And now I own shares and those can be traded inside. I think it is possible to make some profit from buying and selling shares Wink

Can you show (within this forum space) how the casino is provably fair? (I'd love to see a txid from
one of your recent bets).
This casino does not spam the blockchain, like the old SD, it works like JD.
You can verify all bets. Like this one:
https://playt.in/#verify#pzgOrJ7EBrbOWid0wMhjyQ9eC3kqBHgpf9OlPvHzn84MbU

Anyway, a 100BTC is a lot of coin to risk on a low volume, low purse casino. It will likely
take much more than you reporting 0.3%/day return on investment. If you want to grow
the success of this casino, please explain how they intend to grow their business model.
As far as I understand this: for each new share that is invested, the bankroll is increased. This increases the max-bet of all games. A higher max-bet means higher profit. Basically, it is a model quite similar to just-dice.

BTW, I don't think the minimum is for new shares is 100 BTC. It seems that there is a fixed fee and the more shares one creates the lower the fee per share.
So right now, for 10 shares the price would be 1.8 BTC/share, for 100 shares it is 1.08 BTC/share, for 1000 is would be 1.008 BTC/share.
Current highest bid price is 1.26 BTC, so there is some opportunity there, but I am not rich enough for this...

But to keep you informed, I got 0.00293747 BTC per share today Wink

Ultimately, I am asking for some "investment worthy" information.
Yeah, some statement/information from playtin would be really great...

00null (OP)
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March 15, 2014, 01:25:56 AM
 #30

To keep you guys up to date: 0.00267384 BTC per share today. Down to 0.267% per day.

And there are a bunch of new currencies in the trading page and some UI changes.

00null (OP)
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March 16, 2014, 04:45:03 AM
 #31

Seems to be quite stable, 0.00278218 BTC per share today Smiley

00null (OP)
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March 17, 2014, 01:04:30 AM
 #32

0.00284225 BTC per share today Smiley
Still looking for a group buy...

00null (OP)
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March 18, 2014, 01:18:22 AM
 #33

The uptrend is continuing, got 0.00291551 BTC per share today Grin

00null (OP)
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March 19, 2014, 12:55:58 AM
 #34

It is still raising. To the moon! Cheesy 0.00295048 BTC per share

00null (OP)
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March 21, 2014, 12:09:34 AM
 #35

0.00301796 BTC per share today. Really nice Grin

00null (OP)
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March 22, 2014, 03:17:21 PM
 #36

Wow! Shareholders got 0.00330466 BTC per share. That is a huge dividend for a single day!

00null (OP)
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March 23, 2014, 12:41:49 AM
 #37

Even more than yesterday: 0.00342318 BTC per share, that is more than 10%/month! That's the way I like it Grin

DeadwoodDan
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March 24, 2014, 04:23:52 AM
 #38

I searched, there seems to be no official thread about this.

I sometimes play at playtin and today noticed that they now sell shares on site

Are you still fucking pretending, good Lord

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