Yes but Bitcoin already has a number of trusted dice and casinos up so the fact that people exchange for this coin just to play dice seems a bit odd. An unnecessary step so to speak but I guess the staking is alluring.
You forget that just-dice is the oldest and most established dice site at all. So it has many fans already. Using clams is no real hurdle, only exchange on poloniex and that's it. But many hold clams on justdice as investor so they earn from justdice while playing.
The liquidity is not that great. Unless you are a small player you will take a significant hit from slippage in both directions.
Maybe that is consistent with what dooglas says he wants though, to keep things smaller.
Do you speak about the offsite invest or the orderbooks on the exchanges.
Yes, i lost some bitcoins when buying clams at the wrong time too. Additionally to holding clams you need to watch the bitcoin price since clams doesn't hold their own value compared to fiat but to bitcoin. So even if clamprice goes up, when you sell and bitcoin price went down in the meantime you would still have less USD, or whatever your countries currency is.
And i like to value in fiat because bitcoin is way too unstable.
If you speak about offsite invest then the solution would have been to simply lower offsite max to a point you are comfortable with. In fact it is pretty unlikely losing much, though it happened. Though as long as many small bets are played you would earn more compared to others. It's like leveraged trading...
