MintDice Bitcoin Casino - SportsBook & Provably Fair Games

[adaseb]

Even though more people spend time online it doesn't necessarily mean they are going to buy or gamble more. I am sure people might be bored and spend tons of time on eBay or Amazon just browsing however with the uncertaintly of the future many probably don't want to pull the trigger and buy something they don't need. Gambling is probably no different. If this was a different situation which didn't affect job security or a pending recession then most likely people would gamble more however this is a difficult time for many.

I think overall if Bitcoin outperforms most of the stock indicies and follows the path of gold, then we might get new adoption to cryptos and have more retail people buying cryptos. With every new person joining it should also result in more people gambling. However right now bitcoin seems to correlate with stock indicies and doesn't look good for the upcoming few weeks. Wonder how the halving will perform. However many people will just gamble with pennies or just on demo for fun at the moment.

[lixer]

I guess being a noble company and acting honorable is one way to go in business, usually doesn't last too long and you end up either becoming the villain in short period of time or you do not make as much money as you possibly can which is why many companies who start out in a simple garage or something turns into let's get Chinese little kids build our phones for few cents and sell them for hundreds of dollars.

I am not saying you "should" be like that, that is a greatly exaggerated example (which is going on right now in reality) but when you do not take advantage of corona and self isolation and not publish a half finished product to make more profits, that might be "too good" either. Don't get me wrong, as a gambler for me you are doing something marvelous, kudos to you for being so honorable in your endeavor, however not sure if this decision that is amazing for me and all other gamblers is also great for the company.

[adaseb]

I guess being a noble company and acting honorable is one way to go in business, usually doesn't last too long and you end up either becoming the villain in short period of time or you do not make as much money as you possibly can which is why many companies who start out in a simple garage or something turns into let's get Chinese little kids build our phones for few cents and sell them for hundreds of dollars.

I am not saying you "should" be like that, that is a greatly exaggerated example (which is going on right now in reality) but when you do not take advantage of corona and self isolation and not publish a half finished product to make more profits, that might be "too good" either. Don't get me wrong, as a gambler for me you are doing something marvelous, kudos to you for being so honorable in your endeavor, however not sure if this decision that is amazing for me and all other gamblers is also great for the company.

Its not good rushing and coming out with a half finished product, if you do this and encounter issues its bad for the brand in the near future and it can hurt it. Look at what happened with Boeing with their 737MAX airplanes, they had issues and it hurt their brand very badly. Hence why its better to wait and come out with a finished product that works rather than just take a gamble and run into issues.

I don't think they are using corona to their advantage, honestly even though people are online more due to boredom, many people won't be surfing gambling website. Most likely they will be on Facebook, reading news or watching netflix. Only the people involved in crypto would be on gambling sites and they already know about Mintdice. For crypto gambling to be more popular and mainstream, BTC price needs to hit a ATH and then people who are in cash of stocks will move to crypto and it should introduce more gamblers.

[justdimin]

I guess being a noble company and acting honorable is one way to go in business, usually doesn't last too long and you end up either becoming the villain in short period of time or you do not make as much money as you possibly can which is why many companies who start out in a simple garage or something turns into let's get Chinese little kids build our phones for few cents and sell them for hundreds of dollars.

I am not saying you "should" be like that, that is a greatly exaggerated example (which is going on right now in reality) but when you do not take advantage of corona and self isolation and not publish a half finished product to make more profits, that might be "too good" either. Don't get me wrong, as a gambler for me you are doing something marvelous, kudos to you for being so honorable in your endeavor, however not sure if this decision that is amazing for me and all other gamblers is also great for the company.

That is literally why beta was mentioned, you do not have to rush to release a full version, but you could have a beta testing separate site where you give people play money and they gamble with it and give you the results. You can make it free at this time because there are plenty of people who are staying at home who wouldn't mind helping out, however in the end you will get some people who are amazing beta testers if you pay those people as well.

No matter what they end up doing I will love them because so far they have been down to earth type of website, but beta is always suggested irregardless of corona or not, every website that is going on a full overhaul should do it after a beta test period, without that you will eventually face some problems that you didn't realized.

[MintDiceSara]

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[batang_bitcoin]

Want to protect your cryptocurrencies?

Read our new blog post here to find out about important steps to avoid problems.

Great article. Looks good if you'll keep making this kind of article Sara to remind the users for things that are important keep like protecting ourselves from virtual crypto thieves, scammers, and hackers. It's indicated of not keeping for long with an exchange but this goes against to the traders that won't read the descriptions. If someone loves to trade, he'd be sticking on that exchange for experiencing a great service but the rest of his funds should be kept on a safer wallet as you have told.

[fullhdpixel]

To be perfectly honest I do not have enough money to consider myself hackable, but even I do not really just leave all of my bitcoins out in the open. The best way to protect them I think is actually having a hardware wallet something like a trezor or a ledger nano.

I think ledger nano even added like 30+ currencies as well and all of them are high ranked in the market cap value as well so they are really all you need, if you want to invest or trade in a smaller one then you can do that on an exchange and that is fine, binance is huge enough to pay 400 million dollars to buy a company, so I assume they would have enough profits on cold storages to cover any hacking to hot wallet as well, which means smaller coins are fine with binance but the bigger you get, hardware is definitely the best solution

[adaseb]

To be perfectly honest I do not have enough money to consider myself hackable, but even I do not really just leave all of my bitcoins out in the open. The best way to protect them I think is actually having a hardware wallet something like a trezor or a ledger nano.

I think ledger nano even added like 30+ currencies as well and all of them are high ranked in the market cap value as well so they are really all you need, if you want to invest or trade in a smaller one then you can do that on an exchange and that is fine, binance is huge enough to pay 400 million dollars to buy a company, so I assume they would have enough profits on cold storages to cover any hacking to hot wallet as well, which means smaller coins are fine with binance but the bigger you get, hardware is definitely the best solution

The main issue with keeping all your crypto on a casino or exchange is not the casino being hacked and losing all their BTC, it's your account being hacked and withdrawn. Cold storage is very easy to do these days and almost all bitcoin services have most of their customer funds in cold storage. So you don't have to worry about them being hacked that way.

The bigger issue is someone reusing the same password or not using 2FA, or someone getting their email hacked which exposes their accounts which don't have 2FA. Or you could get some malware and get it stolen that way off your computer or some clipboard hack could install without your consent and you will send funds to the wrong address.

The only time I can remember when some fairly old dice which originally had good trust is when the admin went to prison and there is nobody to refill the cold storage, so the funds are just trapped in the cold wallet until the admin is released, that site is called Safedice.

[darewaller]

^^ I doubt a single person hacking attempt is really all that profitable for the hackers which is why I doubt they would really work too hard on something like that. I am not saying its impossible, if they figure out one guy has enough money to make it worth I would agree that hacking just one account is a lot easier to do than hacking the whole casino, however hacking the whole casino is difficult because it also gives you access to whole hot wallet of that casino compared to just one persons money on their account, no one person has enough money to actually worth more than the hot wallet (I suppose). Could what you said happen? Sure there is the possibility, is it really plausible? I would say not so much, the whole casino is still a bigger target for the hackers if you ask me.

[wontshrug]

hope the quarantine is treating my favorite site well, looking forward to 2.0

[SirLancelot]

I do not remember any announcement about 2.0 being postponed or getting quicker, maybe I am wrong and there was a discussion about it earlier, has anyone talked about it officially? I mean at one hand you have more time to work on something like this when you are stuck at home and have nothing better to do, but on the other hand you are not working at a proper office anymore so you might not be really working 100% neither, so I don't know which one applies here.

Do we know if 2.0 going to come a lot faster now because of the virus or is it postponed like many other thing have been?

If it is quicker that would mean people would get to play 2.0 a lot since they are stuck at home as well. Many casinos actually saw an increase in wagering during this period so I am sure 2.0 would be great marketing to get some of that.

[finity]

I do not remember any announcement about 2.0 being postponed or getting quicker, maybe I am wrong and there was a discussion about it earlier, has anyone talked about it officially? I mean at one hand you have more time to work on something like this when you are stuck at home and have nothing better to do, but on the other hand you are not working at a proper office anymore so you might not be really working 100% neither, so I don't know which one applies here.

Do we know if 2.0 going to come a lot faster now because of the virus or is it postponed like many other thing have been?

If it is quicker that would mean people would get to play 2.0 a lot since they are stuck at home as well. Many casinos actually saw an increase in wagering during this period so I am sure 2.0 would be great marketing to get some of that.

When was 2.0 originally supposed to be launched?

[SirLancelot]

When was 2.0 originally supposed to be launched?

I think the initial plan was around May and June periods, I am not sure if that was beta stage or it was full release but I remember talks about those days and that was actually some decent planning considering without corona that is quick enough, with corona those days could very well be times when people go back outside and start living life like we used to which means there could be less people stuck at home and that could mean there would be less people gambling online, just as the 2.0 upgrade happens... I mean I know we can't rush development because it would be risky but the timing is seriously very bad, having 2.0 during corona would have made mintdice so much more money than having it just as the disease is ending and everyone going back outside.

[HatakeKakashi]

I really to play in the mintdice is dice because the design was really good than the others gambling website.
I just hope and recommend that I hope we can see more new games that will be added to the mintdice because a player will stay more to the sites once they have many choice to choose and that is suggestion only.

[joksim299]

I really to play in the mintdice is dice because the design was really good than the others gambling website.
I just hope and recommend that I hope we can see more new games that will be added to the mintdice because a player will stay more to the sites once they have many choice to choose and that is suggestion only.

Switching between games is slow.

[MintDiceSara]

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[Bitinity]

Any news or updates about the V2? I just visited the site again after my last visit some time ago. I cant find something new or something different from my last visit. I'm accessing from my mobile browser and I feel that it is laggy now, it was better as per imho. The chat seems to be quite as well, said hello but no one is replying to my chat. Hope everything is on its track as planned.

[darewaller]

When was 2.0 originally supposed to be launched?

I think the initial plan was around May and June periods, I am not sure if that was beta stage or it was full release but I remember talks about those days and that was actually some decent planning considering without corona that is quick enough, with corona those days could very well be times when people go back outside and start living life like we used to which means there could be less people stuck at home and that could mean there would be less people gambling online, just as the 2.0 upgrade happens... I mean I know we can't rush development because it would be risky but the timing is seriously very bad, having 2.0 during corona would have made mintdice so much more money than having it just as the disease is ending and everyone going back outside.

Yeah, this corona virus really didn't worked out that well for mintdice or at least mintdice in bitcointalk to be more precise (because I don't know what happened to them in general, maybe they are doing very well). I personally wouldn't want to be in the third or fourth page time to time on this section if I was running a casino because I would want everyone to constantly talk about me, that is how it was for mintdice for a while as well, everyone was talking about it, for some reason it got a bit less.

I am sure they are still getting tons of people and I am sure they probably have a sales funnel from somewhere else, but its sad to see them not be around here too much anymore, theskilldatkillz has been prime example of what we want all the owners be like, he is always here, surely he is still here as well. I hope this topic gets more alive again soon.

[Clark05]

The most favorite games that I play to the mintdice is the dicegames everyone knows that games many gamblinh sites have that.
But the dice game design or features to the mintdice is unique to me and that's what I like to them.
I did not the other games but Im happy that Im player of the mintdice  and I hope it will live long for more years.

[justdimin]

Any news or updates about the V2? I just visited the site again after my last visit some time ago. I cant find something new or something different from my last visit. I'm accessing from my mobile browser and I feel that it is laggy now, it was better as per imho. The chat seems to be quite as well, said hello but no one is replying to my chat. Hope everything is on its track as planned.

Honestly, there is no reason to rush anything at all just because there is a pandemic going on, sure it is definitely a way to keep people interested to get a new update but there is also risks involved if you rush it too much and the code is broken. That one would you prefer, wait another 6 months and come back with rock solid coding and no bugs or glitches at all, everything coded perfectly, amazing design, superb beta testing and basically all around everything perfect, or just come online right now and have a ton of troubles with it?

I would pick the first one easily. That is why it is important to wait just enough time to make sure everything is definitely ready for launch, releasing without being properly ready would basically just hurt them instead of helping them out.