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Author Topic: BTC and GTC casino starting. Investors welcome  (Read 5609 times)
BitCoinPokerBro
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August 18, 2014, 09:19:52 PM
Last edit: August 18, 2014, 09:30:44 PM by BitCoinPokerBro
 #41

unfortunately due to the summer vacation that many took....it was postponed for september-early october. Also it will be launched together with the tournament feature.

Do you have any kind of detailed statistics on monthly roi per share at current play rates?

Looks like a flat rate of 100 GTC is paid as dividends on a weekly basis. (which makes this look more like a ponzi than a casino) This is a bit odd since one week shouldn't produce the EXACT same amount of income as the next. Casino income should fluctuate from week to week.

Aside from the above 400 gtc in monthly dividends spread through 100,000 shares is 0.004 gtc a share which is less than one us cent earning per share/month. @ the current price of 1.5 euro/share this isn't a good investment. As we all know projected earnings are not the same as real time stats.
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killam (OP)
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August 19, 2014, 07:07:36 PM
 #42

on average per day the casino makes between 10 and 15 GTC. There is a core of players that play more or less everyday.
So far (since april 1st) the casino payed 21 times 100 GTC.

THere are a number of things to consider:
1) i NEVER advertised the casino as there is no point in advertising an incomplete product (especially since the MAIN feature (poker and poker tournaments) are not implemented. That is why BTC income is a joke atm. Almost nobody plays with BTC.
I only advertised a bit in the GT community.
2) roulette and slots can produce negative balance there were a few days with negative income as players do win. Poker on the other hand has no possibility since players play against eachother. Not against the casino
3) worst day so far: -12 GTC. Best day: +40 GTC
4) the price now (until i have 55.000 Shares left is 1. Not 1.5. That will only be for the last 5000 shares.
5) shares will be tradeable soon (after poker module, so apart of dividends another way to ROI is to sell them. SInce 99% of players bought for 0.8-1 euros/share.....i doubt the market price will be lower.
to conclude, NOW ROI is low simply because it is a WIP. But after poker will be implemented things will change as ad campaigns and poker should improve things considerably.
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August 19, 2014, 07:17:56 PM
 #43

stats for today:

Played games
    146 games played (0 slots, 146 roulette)

Total won amount today
(bet amount - won amount)
    13.410400 GTC
killam (OP)
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September 08, 2014, 07:14:16 PM
 #44

first of all i am proud to announce that this shareholder's fund split will be number 25. So already 2500GTC were divided among shareholders.
second: we have a DEFINITIVE deadline for poker and poker tournaments: 15th of october.
Poker tournaments will be played with chips. Entry fees (both gtc and BTC) will be added in a fund.
Winner takes 75% of that fund
2nd runner up: 10%
3rd runner up: 5%.
So playing in a tournament enables you to win both BTC and GTC.
on normal tables, the creator of the table can select GTC, BTC or set a buy-in amount in both currencies)
Sinecoin
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September 08, 2014, 07:16:31 PM
 #45

nice website, looks very interesting considering your accepting GTC.

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killam (OP)
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September 08, 2014, 07:23:08 PM
 #46

also, there are only 2212 shares left at 1 euro/share.
Anyone who buys them all, will only pay 2000 euros
killam (OP)
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September 08, 2014, 07:24:52 PM
 #47

i am one of the most known Goldentowns players and resellers.
It started as GTC only. But i decided to expand the coins accepted. Probably (after i see the whole documentation ) we will implement MSK (GTC admin's new project coin) but since it is not yet available.....we wait.
killam (OP)
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September 16, 2014, 10:46:08 AM
 #48

many asked what's so special about GTC Casino.
The answer is simple:
It is one of the few (if not the first) casino where u can buy a piece of it with the money u won. Also, it will be interesting to see the interaction between GTC community and BTC community.
killam (OP)
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September 29, 2014, 07:03:09 PM
 #49

i would proudly like to announce we just passed the 2500 GTC shared benchmark.
monbux
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September 29, 2014, 07:50:38 PM
 #50

i would proudly like to announce we just passed the 2500 GTC shared benchmark.

I was going to invest but I saw that you guys didn't release the games when you guys said you were going to... have they been released now?
edmundduke
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September 29, 2014, 08:02:05 PM
 #51

Any specific reason why i cant even fill the withdraw fields ? The withdraw fields can not be edited. Is there a reason for this ? Or did i miss something.
killam (OP)
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October 02, 2014, 07:51:24 AM
 #52

@monbux: slots and roulette are live and working perfectly.
@edmundduke: i suspect you do not have BTC in your casino account. When ballance is 0, withdraw field can not be edited. Correct me if i am wrong (and tell me your username)
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October 02, 2014, 10:52:13 AM
 #53

How much is the minimum withdrawal?

Soappa
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October 02, 2014, 10:59:24 AM
 #54

Any ETA for the Poker (with your original schedule as Aug) and Crap games to be ready?

killam (OP)
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October 03, 2014, 07:21:43 AM
 #55

minimum withdrawal is 0.1 gtc and 0.0001 btc.
poker is scheduled for october 15th. craps is not certain. The deadlines i know and can promise are poker and tournaments oct 15th. shares market on november 1st
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October 27, 2014, 10:41:50 AM
 #56

i am proud to announce that the first BTC dividend has been paid.
finlon
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October 27, 2014, 10:45:45 AM
 #57

Is there much poker traffic on the site? and do you also offer PLO?

killam (OP)
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October 28, 2014, 09:18:47 PM
 #58

PLO is almost gone as the last shares at 1 euro/share (last 1000 pcs left).
As for traffic, the site received no ads whatsoever (exept this thread), because it is not yet fully developed (poker and poker tournaments not implemented yet). So not much traffic. All traffic is from goldentowns game and GTC network. I would say around 100 players/day NOW. When poker will be on, it will increase quite a bit. When ads will start...things will skyrocket
killam (OP)
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November 19, 2014, 01:36:56 PM
Last edit: March 25, 2015, 07:42:24 PM by killam
 #59

poker is now available.
Last 10000 shares available at 1.2 euros each. contact us for details
killam (OP)
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March 25, 2015, 07:44:21 PM
 #60

so far the fund paid 39 times in GTC and 1 time in BTC
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