Topic: A Casino On Steem Blockchain (Read 890 times)

Quote from: ethereumhunter on July 30, 2019, 12:55:14 AM

The whole idea of using steem for blogging, video/picture sharing, and now betting is a beautiful thing. In my opinion, no other blockchain has done it well like steem blockchain... Though applications are still very centralized over there, I guess will be gradually decentralized .

Would you mind elaborating, how exactly dapps over there are centralized?

eternalgloom

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Quote from: ethereumhunter on July 30, 2019, 12:55:14 AM

I think that most people will still choose casino where they can gamble with top altcoins and not lose time to exchange to steem, but maybe some steem holders will choose play there.

I think many of them still hold steem and don't gamble with the coin because they have many other top altcoins. But we don't know how many of them who still use steem as the bet. Maybe if they can enjoy using steem but I don't use steem to gamble, and I still prefer to use the top altcoin which is easy to use in the gambling website.

I don't know about that, a lot of people on Steem do not hold any other crypto I think.
I've met quite a few people there who are mainly in it for the blogging and community aspects of Steem and they only hold Steem.

MonsterV

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I think that most people will still choose casino where they can gamble with top altcoins and not lose time to exchange to steem, but maybe some steem holders will choose play there.

I think many of them still hold steem and don't gamble with the coin because they have many other top altcoins. But we don't know how many of them who still use steem as the bet. Maybe if they can enjoy using steem but I don't use steem to gamble, and I still prefer to use the top altcoin which is easy to use in the gambling website.

The top Altcoin remains the top choice as their betting coin, well because some well-known gambling sites use the top altcoin on average compared to Steem. Maybe here only gambling players from MagicDice will try to bet with Steem. If we look at some well-known gambling sites such as windice, crypto games, sportsbet, stake and some others still use the bitcoin or top altcoin.

ethereumhunter

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Quote from: eternalgloom on July 25, 2019, 07:35:08 AM

I think that most people will still choose casino where they can gamble with top altcoins and not lose time to exchange to steem, but maybe some steem holders will choose play there.

I think many of them still hold steem and don't gamble with the coin because they have many other top altcoins. But we don't know how many of them who still use steem as the bet. Maybe if they can enjoy using steem but I don't use steem to gamble, and I still prefer to use the top altcoin which is easy to use in the gambling website.

libert19

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Quote from: libert19 on July 24, 2019, 08:29:16 AM

Quote from: squatz1 on July 11, 2019, 02:39:02 PM

Quote from: eternalgloom on July 11, 2019, 04:24:19 AM

Quote from: libert19 on July 24, 2019, 08:29:16 AM

Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

What are you talking about? Have you just missed everything that was said in the last 10 replies or so?
Magic Dice doesn't exist anymore, they have scammed.

That said, your comment doesn't even make sense, dice does work on Steem. There are numerous other services that do work and which are pretty popular.

Was just posting on the original post and hadn't read the posts thereafter, which I must admit is my mistake. So I'm sorry for that.

I don't understand why a site would exit scam for around $150k USD. Doesn't seem worth it to have people wanting your blood, law enforcement chasing you, and for you to never be able to get another job in the crypto world again.

THOUGH my original point stands. This was a stupid idea. There's no need for a steem dice site. We have other sites, and all this was was an attempt to lure in people with steem bags to make some 'passive income' and then steal it from them. The site itself obviously wasn't making enough to support the 'dividends' (bs dividends) that they were giving out.

Steem users would use their own platform, rather than converting their steem/sbd to other coins and going to gamble on other platforms. It makes no sense.

Indeed, and that's exactly the reason why EpicDice is doing so well.
Most Steem users tend to exchange their coins through Blocktrades and they charge a significant fee.

Bittrex or Binance are also used, but it takes a bit longer to get your coins exchanged.

So yeah, it makes perfect sense for there to be a gambling site which is native to Steem.

Yes, epicdice seems to be doing very good. Open source code, steem connect integration and over/down sides are good editions.

People are quite hesitant to come due to low prices, which affects dapp userbase. Hope it survives when altcoin's time arrives.

More users, more dividends

Might be good time to gamble on epc token right now. Can't say for sure as you never know what future holds.

eternalgloom

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Quote from: squatz1 on July 11, 2019, 02:39:02 PM

Quote from: eternalgloom on July 11, 2019, 04:24:19 AM

Quote from: squatz1 on July 11, 2019, 02:39:02 PM

Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

What are you talking about? Have you just missed everything that was said in the last 10 replies or so?
Magic Dice doesn't exist anymore, they have scammed.

That said, your comment doesn't even make sense, dice does work on Steem. There are numerous other services that do work and which are pretty popular.

Was just posting on the original post and hadn't read the posts thereafter, which I must admit is my mistake. So I'm sorry for that.

I don't understand why a site would exit scam for around $150k USD. Doesn't seem worth it to have people wanting your blood, law enforcement chasing you, and for you to never be able to get another job in the crypto world again.

THOUGH my original point stands. This was a stupid idea. There's no need for a steem dice site. We have other sites, and all this was was an attempt to lure in people with steem bags to make some 'passive income' and then steal it from them. The site itself obviously wasn't making enough to support the 'dividends' (bs dividends) that they were giving out.

Steem users would use their own platform, rather than converting their steem/sbd to other coins and going to gamble on other platforms. It makes no sense.

Indeed, and that's exactly the reason why EpicDice is doing so well.
Most Steem users tend to exchange their coins through Blocktrades and they charge a significant fee.

Bittrex or Binance are also used, but it takes a bit longer to get your coins exchanged.

So yeah, it makes perfect sense for there to be a gambling site which is native to Steem.

libert19

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Quote from: eternalgloom on July 11, 2019, 04:24:19 AM

Quote from: eternalgloom on July 11, 2019, 04:24:19 AM

Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

What are you talking about? Have you just missed everything that was said in the last 10 replies or so?
Magic Dice doesn't exist anymore, they have scammed.

That said, your comment doesn't even make sense, dice does work on Steem. There are numerous other services that do work and which are pretty popular.

Was just posting on the original post and hadn't read the posts thereafter, which I must admit is my mistake. So I'm sorry for that.

I don't understand why a site would exit scam for around $150k USD. Doesn't seem worth it to have people wanting your blood, law enforcement chasing you, and for you to never be able to get another job in the crypto world again.

THOUGH my original point stands. This was a stupid idea. There's no need for a steem dice site. We have other sites, and all this was was an attempt to lure in people with steem bags to make some 'passive income' and then steal it from them. The site itself obviously wasn't making enough to support the 'dividends' (bs dividends) that they were giving out.

Steem users would use their own platform, rather than converting their steem/sbd to other coins and going to gamble on other platforms. It makes no sense.

squatz1

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Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

What are you talking about? Have you just missed everything that was said in the last 10 replies or so?
Magic Dice doesn't exist anymore, they have scammed.

That said, your comment doesn't even make sense, dice does work on Steem. There are numerous other services that do work and which are pretty popular.

Was just posting on the original post and hadn't read the posts thereafter, which I must admit is my mistake. So I'm sorry for that.

I don't understand why a site would exit scam for around $150k USD. Doesn't seem worth it to have people wanting your blood, law enforcement chasing you, and for you to never be able to get another job in the crypto world again.

THOUGH my original point stands. This was a stupid idea. There's no need for a steem dice site. We have other sites, and all this was was an attempt to lure in people with steem bags to make some 'passive income' and then steal it from them. The site itself obviously wasn't making enough to support the 'dividends' (bs dividends) that they were giving out.

eternalgloom

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Quote from: Twinkledoe on July 02, 2019, 04:48:32 PM

Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

What are you talking about? Have you just missed everything that was said in the last 10 replies or so?
Magic Dice doesn't exist anymore, they have scammed.

That said, your comment doesn't even make sense, dice does work on Steem. There are numerous other services that do work and which are pretty popular.

Nellayar

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Quote from: Ucy on July 02, 2019, 03:48:08 PM

Quote from: Ucy on July 02, 2019, 03:48:08 PM

Magicdice just pulled an exit scam, and ran away with about 550k steem.

ps: I'm sorry, I'd never thought they could pull an exit scam Sad

So this was never really a Blockchain thing? Thought as a Blockchain gambling, funds are supposed to be decentralized rather of being held by a third party?
I think it is high time people stopped using the Blockchain tag carelessly. Scammer can hide behind the name to decieve and scam Blockchain enthusiasts

All for the greed of money. And feel sorry for all the users that are expecting to have passive income on this platform. Passive income will only be true if the project can assure the continuity of their services. But yeah, they are no different from other scammers. A user should be very careful in investing passive-income related platforms.

I am lucky that I did not find their site early. However, though I found their site, I did not use it. Many gambling site as well as dice games offering in other sites, I prefer to play with them at all. Maybe, it is a warn for us that we should not give our hunder percent trusts with this scam platform. We knew that online investment and gambling is too risky.

squatz1

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Without a doubt it's pretty and all, but I see no real reason for something like this existing in the presence of tons of either coins that do the same thing. Do you really think that there is substantial demand to be able to support this?

I think most people are going to answer no to that, as they can see that something like this is doomed to fail. People are going to use BTC, XMR, BCH, and so on and so forth to bet. They're not going to use Steem.

I wouldn't waste valuable resources creating this and maintaining this, you could focus on so much more.

libert19

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Quote from: libert19 on June 05, 2019, 09:22:17 PM

Magicdice just pulled an exit scam, and ran away with about 550k steem.

ps: I'm sorry, I'd never thought they could pull an exit scam Sad

So this was never really a Blockchain thing? Thought as a Blockchain gambling, funds are supposed to be decentralized rather of being held by a third party?
I think it is high time people stopped using the Blockchain tag carelessly. Scammer can hide behind the name to decieve and scam Blockchain enthusiasts

Betting was done on blockchain, but dividends accumulated on your tokens were on MD platform.

carlfebz2

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Quote from: carlfebz2 on June 05, 2019, 01:14:11 PM

Fear and doubts cant really be avoided due to recent exitscam but trying out isnt really that bad at all.MD did really waste up that opportunity to go for long term
and deciding to scam in the end of the day.

Agree, I myself earned some profit from it, those magic tokens were just an extra.

However, there were many players who tried real hard to rank up on leaderboard to take part of daily 20M magic, thinking that it will bring passive income in future and lost a quite a bit of funds. I feel sorry for them.

Guess, lesson learned.

Whom really would thought that they would end up on that way? On each competition it is just a common thing for people to strive hard to get the spot yet we know that these positions do have corresponding benefits and also into this platform we do know that possibility of passive income but they turn into the opposite way.

Twinkledoe

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Quote from: Ucy on July 02, 2019, 03:48:08 PM

Magicdice just pulled an exit scam, and ran away with about 550k steem.

ps: I'm sorry, I'd never thought they could pull an exit scam Sad

So this was never really a Blockchain thing? Thought as a Blockchain gambling, funds are supposed to be decentralized rather of being held by a third party?
I think it is high time people stopped using the Blockchain tag carelessly. Scammer can hide behind the name to decieve and scam Blockchain enthusiasts

All for the greed of money. And feel sorry for all the users that are expecting to have passive income on this platform. Passive income will only be true if the project can assure the continuity of their services. But yeah, they are no different from other scammers. A user should be very careful in investing passive-income related platforms.

Ucy

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