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Topic: [ANN] Rubies (RBIES) Gaming and casino entertainment currency. - page 63. (Read 149319 times)

hero member
Activity: 728
Merit: 500
Betterbets.io Casino
I was just gonna ask where my Rubies were from trade - mining but saw they got credited on C-CEX thx!


Correct, C-Cex has processed all Trade-Mining distributions earned from last week. For those who may be new to Rubies, Trade-Mining is as simple as creating volume on exchanges. C-Cex right now is the current exchange helping us with this distribution method. All you need to do to earn 10 Rubies is make 1 BTC volume on C-Cex/RBIES trades, you can earn up to 1000 Rubies per week and help make the coin stronger.

At the current price ~5k satoshi per coin Trade-Mining helps offset trading fees, if the price goes a little higher than you make a profit as well. Take advantage everyone, there are business owners who will be giving further use to Rubies soon. If you at first dismissed RBIES, I'm urging you to take a second look as we are offering and building a great currency with multiple uses, multiple distribution methods, with honest hard working Bitcoin/Altcoin enthusiasts.

Trade-Mining payouts are every Sunday this month, if it ends up being a successful distribution method we can continue it on a monthly basis. Also, if other exchanges are interested please PM me.
hero member
Activity: 785
Merit: 502
I was just gonna ask where my Rubies were from trade - mining but saw they got credited on C-CEX thx!
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
Interesting coin and concept, just bought a few so wish you all the best.  Smiley
full member
Activity: 237
Merit: 100
---- CMON AWESOME PEOPLE LETS FILL THIS UP ✔  ----

  THANKS ALL!!!

https://poloniex.com/coinRequest

Name: Rubies
Coin Symbol: RBIES
Announcement thread: https://bitcointalksearch.org/topic/ann-rubies-rbies-gaming-and-casino-entertainment-currency-1364104
Coin's website: https://betterbets.io/app/content/wallet/
Coin's block explorer: http://blockexplorer.betterbets.io:8080/

Explanation/ Innovations areas (Use your own opinion here):

 It's your voice. Give them your thoughts!

Cheers!! ●‿●




Done, sent my request to them Smiley

Sent one in too. Funny though just thinking with all the scam coins we get a fresh start with Rubies yet people seem to be blinded by a sea of garbage. Nice trade action on ccex and yobit today though.
legendary
Activity: 1302
Merit: 1004
---- CMON AWESOME PEOPLE LETS FILL THIS UP ✔  ----

  THANKS ALL!!!

https://poloniex.com/coinRequest

Name: Rubies
Coin Symbol: RBIES
Announcement thread: https://bitcointalksearch.org/topic/ann-rubies-rbies-gaming-and-casino-entertainment-currency-1364104
Coin's website: https://betterbets.io/app/content/wallet/
Coin's block explorer: http://blockexplorer.betterbets.io:8080/

Explanation/ Innovations areas (Use your own opinion here):

 It's your voice. Give them your thoughts!

Cheers!! ●‿●




Done, sent my request to them Smiley
legendary
Activity: 1274
Merit: 1006
---- CMON AWESOME PEOPLE LETS FILL THIS UP ✔  ----

  THANKS ALL!!!

https://poloniex.com/coinRequest

Name: Rubies
Coin Symbol: RBIES
Announcement thread: https://bitcointalksearch.org/topic/ann-rubies-rbies-gaming-and-casino-entertainment-currency-1364104
Coin's website: https://betterbets.io/app/content/wallet/
Coin's block explorer: http://blockexplorer.betterbets.io:8080/

Explanation/ Innovations areas (Use your own opinion here):

 It's your voice. Give them your thoughts!

Cheers!! ●‿●


legendary
Activity: 1274
Merit: 1006
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
Defo, get an ICO going asap. i talk to a few people who like the look of rubies!

My only hesitation is probably the obvious, right now we really want to offer multiple distribution methods and have widespread Rubies adoption. The issue with ICO is that people may use this to their advantage on markets. A nice volume/price hike is great but not if it means breaking holders spirits on a big dump. It's a hard decision, especially since we are almost 4 weeks post launch. I'm not sure has this even been done before? (Post launch ICO I mean)
member
Activity: 71
Merit: 10
Defo, get an ICO going asap. i talk to a few people who like the look of rubies!
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?

A community vote is a cool idea, but to be honest the amount of work required to include a poling system in the Rubies wallet, it would be far quicker to just use the voting available on here in the thread.

Ok this ICO thing is an option that can be done at a later date or month after voting, for now with March Madness and all the Rubies events and announcements coming we can come back to this later. Let's get through this month and see if people still feel the same, also welcome to the new people just joining Rubies community. I think we may need a Rubies community slack channel this week.
legendary
Activity: 1302
Merit: 1004
Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?

A community vote is a cool idea, but to be honest the amount of work required to include a poling system in the Rubies wallet, it would be far quicker to just use the voting available on here in the thread.
full member
Activity: 237
Merit: 100
Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.

If there was an ico of a million Rubies and the funds were allowed to be directed by all holders then that's a very tempting idea. We could build many things into the coin as a community with those funds and of course whales get the large percent they need to do whatever whales do. A community poll may work best unless mammix2 can build an in wallet voting system?
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.

Something that drastic would need a vote by the entire Rubies community, we don't need ICO funds so then they would have to vote on how the ICO bitcoin was spent as well. It's not a bad idea in this aspect of distribution (and obviously we love distribution), but some kind of consensus would have to be reached first.
hero member
Activity: 785
Merit: 502
Have you guys considered maybe doing ico on a mil or 2 of Rubies just for another distribution method? Some traders don't gamble much so it may help get the coin even better distributed.
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
BetterBets added a ticker on top to keep track of the highest volume in BTC for one of the March Madness bonuses, 4 BTC to the highest BTC volume for the month if interested.


If development happens on schedule, this week we will have some exciting news for everyone that will further strengthen Rubies legitimacy as a quality coin to hold/trade/use.

Stakeholders please check Slack, thanks!
legendary
Activity: 1190
Merit: 1024
21 days now post Rubies launch, we have some really nice things coming this month everyone should enjoy.

Total stats as of right now on Rubies usage:  Wagered: 235,087,989 RBIES

If you own a business and are looking to start a bankroll or service please email or PM us and we can help you get started.

Really the amount of Wagered stats is mouth watering for anyone who has just started their business

I am sure coin is going to become a huge success in long run

Its nice you are also giving opportunity to new start ups... sent a PM Smiley
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
21 days now post Rubies launch, we have some really nice things coming this month everyone should enjoy.

Total stats as of right now on Rubies usage:  Wagered: 235,087,989 RBIES

If you own a business and are looking to start a bankroll or service please email or PM us and we can help you get started.
hero member
Activity: 728
Merit: 500
Betterbets.io Casino
For transparency, we want to get stakeholders roi as fast as possible to move into profits instead of 80% of site income being given to stakeholder monthly dividends, it will now be 100% for the next 6 months to make this a reality. Good fortune to everyone, there are currently 8 spots remaining.
legendary
Activity: 1624
Merit: 1007
Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

Good point to bring out. Not really sure how the 30 per BTC plays out. At this point we are roughly at 1% bet mined i think, so plenty more to mine that way. As for price wise, its still so so early, the very beginning of the distribution phase so best to get as many involved as possible. The main thing is to figure out an incentive to keep them holding and not just selling. Will see what it takes, nothing to do but test and try different things and see how they work.
legendary
Activity: 1190
Merit: 1024
Is there any plans in the future to decrease bet mining rewards coz 30rbies per 1btc wager seems very high, maybe half is good, to increase price too

Absolutely, it can be adjusted within 24 hours if in the future the community prefers to reduce. We wanted to make sure that anyone new would have first chance at higher rewards to bet-mine them as a reward for early Rubie adoption though. I tried to plan it very similar to mining rewards on most coin launches, it can be adjusted though to limit or increase supply at any time. This is one reason alone that having a system like Rubies does, gives total community control over incoming supply. Much of early 'dumps' will come from players who received their initial Rubies on launch day and decide to sell early, or win a lot through betting. This presents an opportunity for new people to grab some early on, and to keep the price from inflating unnaturally in the first couple months.

I'd vote for reducing after some months but for now there's not very many Rubies out there. 3 mil alone is locked up with stakeholders then 3.7 mil in storage for bet-mining distribution.  This doesn't leave very many Rubies on markets so better for coin to get into people's hands and accumulate. Just my ten cents...

I too feel that there is no need for Rbies rewards getting reduced at the moment

May be once we feel there is considerable amount of coins available we can think of reducing inflation
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