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Author Topic: bustabit.com -- The Social Gambling Game  (Read 293487 times)
rashed490000
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February 17, 2015, 09:23:27 PM
 #1201

I am going to spent 1000 bits here. I am looking for wise advice. I have learned something about the game as I have gone through the post replies for last 15 minutes. I hope my efforts will end up with success.

I will update here whether I win or lose/ how much I lost and win. Every possible details with statistics.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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February 17, 2015, 09:26:07 PM
 #1202

moneypot is always for me like fun, i enjoy to play there,
that is my favorite game always. Wink

Do you have any tips for me ? I asking for expert favor for building my strategies.
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February 17, 2015, 09:32:35 PM
 #1203

moneypot is always for me like fun, i enjoy to play there,
that is my favorite game always. Wink

Do you have any tips for me ? I asking for expert favor for building my strategies.

in gambling always strategy is that, start with what you can afford to lose,
because there is always risk factor involve they have House Edge.
sed
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February 17, 2015, 10:15:46 PM
 #1204

I am going to spent 1000 bits here. I am looking for wise advice. I have learned something about the game as I have gone through the post replies for last 15 minutes. I hope my efforts will end up with success.

I will update here whether I win or lose/ how much I lost and win. Every possible details with statistics.

How much BTC is that again?
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February 17, 2015, 10:19:20 PM
 #1205

moneypot is always for me like fun, i enjoy to play there,
that is my favorite game always. Wink

Do you have any tips for me ? I asking for expert favor for building my strategies.

in gambling always strategy is that, start with what you can afford to lose,
because there is always risk factor involve they have House Edge.

share your strategy pls bro
looks like you are an expert Smiley
Mist
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February 18, 2015, 12:26:28 AM
 #1206

I am going to spent 1000 bits here. I am looking for wise advice. I have learned something about the game as I have gone through the post replies for last 15 minutes. I hope my efforts will end up with success.

I will update here whether I win or lose/ how much I lost and win. Every possible details with statistics.

How much BTC is that again?

.001 bitcoin, 1 bit is 100 satoshi. Bits grow on you after awhile, and I now prefer them Cheesy
sed
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February 18, 2015, 12:32:26 AM
 #1207

I am going to spent 1000 bits here. I am looking for wise advice. I have learned something about the game as I have gone through the post replies for last 15 minutes. I hope my efforts will end up with success.

I will update here whether I win or lose/ how much I lost and win. Every possible details with statistics.

How much BTC is that again?

.001 bitcoin, 1 bit is 100 satoshi. Bits grow on you after awhile, and I now prefer them Cheesy

I dunno, it still hasn't happened for me.  So how much is 1000 bits in bitcoin?
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February 18, 2015, 12:42:22 AM
 #1208

Dooglus, that's an interesting point about whether you know that a server is running an executable which is actually compiled from some open source code it's supposed to be compiled from.  It seems to me that there might be some way to validate the executable via cryptography, but I don't have a concrete proposal.  Very good point.

If you're interested, do a search for Succinct Non-interactive ARgument of Knowledge (SNARK), and you'll find a lot of interesting stuff. You can't validate the executable, but you can validate that it executed faithfully. However, in many ways, a provably fair system is already that. You can't be sure the software on MP.com is actually the software from github, but you can be sure that the crashes are fair.

Quote from: sed link=topic=709185.msg10495737#msg10495737
I dunno, it still hasn't happened for me.  So how much is 1000 bits in bitcoin?
There's 1,000,000 bits in a bitcoin. So that means 1,000 bits is 1/1000th (or 0.001) of a bitcoin. If you're having any issues, the friendly robot Shiba will help you out with
Code:
!convert 1000 bits to BTC

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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February 18, 2015, 03:45:35 AM
 #1209

Seriously though, bits are amazing. So much easier to read and understand than satoshi or mBTC. Dunno why i had not heard of them before i joined moneypot community Cheesy
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February 18, 2015, 06:21:10 AM
 #1210

Dooglus, that's an interesting point about whether you know that a server is running an executable which is actually compiled from some open source code it's supposed to be compiled from.  It seems to me that there might be some way to validate the executable via cryptography, but I don't have a concrete proposal.  Very good point.

If you're interested, do a search for Succinct Non-interactive ARgument of Knowledge (SNARK), and you'll find a lot of interesting stuff. You can't validate the executable, but you can validate that it executed faithfully. However, in many ways, a provably fair system is already that. You can't be sure the software on MP.com is actually the software from github, but you can be sure that the crashes are fair.

Quote from: sed link=topic=709185.msg10495737#msg10495737
I dunno, it still hasn't happened for me.  So how much is 1000 bits in bitcoin?
There's 1,000,000 bits in a bitcoin. So that means 1,000 bits is 1/1000th (or 0.001) of a bitcoin. If you're having any issues, the friendly robot Shiba will help you out with
Code:
!convert 1000 bits to BTC

Well, this opens up a NEW can of worms.... I will most definately look into SNARK and ask around to understand how this work. The crashes might look fair, but if the software running on the server have the ability to interrupt that process, it would hardly be noticed, if it's done once a day.

It would be a big pitty, if this is done. MP is such a great game and this would spoil the fun, if it was rigged.

In my experience with them, everything looks fine.

I have read somewhere that some dice sites publishing a different hash from the acctual hash to fool people into thinking that their service was provably fair. 

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February 18, 2015, 09:17:16 AM
 #1211

Is there a way to see overall chart beside to the last50bets one? Or at least to set personalized input parameters (time or bets #)?


bump

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newcripto
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February 18, 2015, 09:36:10 AM
 #1212

I share my personal experience on moneypot.com I think is not so hard to win there if you don't have greed . This greed that make us loose money. As far as I observed you can win a lot but in little bets and place some big bet after many little.
MKMarvel
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February 18, 2015, 09:42:12 AM
 #1213

Great game, good concept. Keep it up.
CanadaBits
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February 18, 2015, 09:56:28 AM
 #1214

They must fix the lag.

Mitchell
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February 18, 2015, 09:58:18 AM
 #1215

They must fix the lag.
What lag? There is none, at least not for me on a glass fiber connection. Maybe you need to upgrade your internet connection?

.
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FattyPonzi
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February 18, 2015, 12:03:04 PM
 #1216

very nice Cheesy 980x
https://www.moneypot.com/game/1113599
i had 1200 bits in balance.. but i was afraid so i only watched it Cheesy
next time i will get that 1000000 bits!! Cheesy
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February 18, 2015, 02:20:33 PM
 #1217

They must fix the lag.

it is indeed connection issue, i get that lag thing several times when my connection was bad, perhaps you need to blame your connection provider instead

R


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February 19, 2015, 07:41:02 PM
 #1218

I have read somewhere that some dice sites publishing a different hash from the acctual hash to fool people into thinking that their service was provably fair. 

I'm not sure that has ever happened. One site (dicebitco.in) was found to be skipping rolls - if your next provably fair roll was destined to win then they would skip it and give you the next one. That's the closest to what you describe that I can remember. They shut down shortly that cheat was discovered. And of course it was only even discoverable *because* they were provably fair. That's what provable fairness does - it lets you detect when a site is cheating you.

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February 19, 2015, 07:50:17 PM
 #1219

They must fix the lag.

it is indeed connection issue, i get that lag thing several times when my connection was bad, perhaps you need to blame your connection provider instead

There's definitely that, as well as room for a lot of optimizations on both the Money Pot server and client. Right now we're far from optimal, doing much more than strictly required on the client side. We pushed an update this morning that cuts a significant amount of the work out, and got a few more performance improvements in the pipeline that will come today and tomorrow.

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.
Harry Hood
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February 19, 2015, 08:15:44 PM
 #1220

Are there any winnings stats you can share?

By the way, your faucet pays out very little compared to other faucets.

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