Bitcoin Gambling Investments - page 4.

Opekin

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Quote from: Lionidas on February 22, 2018, 11:35:35 PM

Didn't even realize there was a magazine/publication which is dedicated in tracking the investments of these bitcoin/crypto casinos before stumbling on to this thread.
And all this time I was scratching my head in trying to decide into whom to start investing into.
Thanks for this thread coingamblingreview! Grin

Now that bustadice/bustabit has investments available will you be adding them in the tracking as well?

Yup, this thread is very helpful. I'm thankful that I've found this one. Never thoughtof bitcoin to be gambled.
There are really kots of ways now how to use bitcoin. Trully it is very similar to a real money now!
Imagine it can even be used now for gambling!

Lionidas

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Didn't even realize there was a magazine/publication which is dedicated in tracking the investments of these bitcoin/crypto casinos before stumbling on to this thread.
And all this time I was scratching my head in trying to decide into whom to start investing into.
Thanks for this thread coingamblingreview! Grin

Now that bustadice/bustabit has investments available will you be adding them in the tracking as well?

coingamblingreviews

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★Bitcoin Gambling Reviews★

Week 25 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-26-week-25-of-52

coingamblingreviews

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★Bitcoin Gambling Reviews★

Week 24 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-25-week-24-of-52

DogecoinMachine

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Quote from: coingamblingreviews on February 07, 2018, 08:11:34 PM

Week 23 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-24-week-23-of-52

you have last week percentages wrong for CG.

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Quote from: chris200x9 on February 08, 2018, 04:52:51 AM

Quote from: coingamblingreviews on February 07, 2018, 08:11:34 PM

Week 23 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-24-week-23-of-52

Since bitcoin prices came down a lot so you manage to recover some of your losses from Bitdice and Betking. I feel that if Bitcoin prices go up then you may lose more from these two investments.

Are you planning to withdraw if you can recover back your losses from these two investments?

I had sold my bitdice(CSNO) and betking(BKB) token since last year since their has no development for too long those times, I already lost 40% of my investment, luckily that selling idea came in my mind before and I think that investing in Gambling site ICO is not profitable anymore due to many competitors in the market. They just want to safely exit and distribute the share of casino to people while they are holding tons of supply. But still they have the profit.

livingfree

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Quote from: coingamblingreviews on February 07, 2018, 08:11:34 PM

Week 23 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-24-week-23-of-52

Nothing has changed from your last weeks percentage. Betking and Bitdice is giving you a hard time to recover since week 7.

Quote from: chris200x9 on February 08, 2018, 04:52:51 AM

I feel that if Bitcoin prices go up then you may lose more from these two investments.

But don't also forget that when these two are starting to give him a nice recovery together with the recovery of bitcoin he can also make more.

Quote from: chris200x9 on February 08, 2018, 04:52:51 AM

Are you planning to withdraw if you can recover back your losses from these two investments?

I think he's letting it stay there for long.

chris200x9

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Quote from: coingamblingreviews on February 07, 2018, 08:11:34 PM

Week 23 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-24-week-23-of-52

Since bitcoin prices came down a lot so you manage to recover some of your losses from Bitdice and Betking. I feel that if Bitcoin prices go up then you may lose more from these two investments.

Are you planning to withdraw if you can recover back your losses from these two investments?

coingamblingreviews

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★Bitcoin Gambling Reviews★

Week 23 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-24-week-23-of-52

mrcash02

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Quote from: chris200x9 on January 29, 2018, 10:44:16 PM

Quote from: szpalata on January 29, 2018, 09:00:27 AM

Altcoin gambling is actually picking up these days because the transaction fees on bitcoin is on an ever increasing trend and many find it convenient trading their altcoins in gambling than their bitcoins which they will stand to loose significantly should they transfer into a gambling house's wallet.

A couple of months back some of my Bitcoins converted to LTC in crypto games site for investment purpose and until now my LTC investments returns are better than Bitcoin investment. It shows that many gamblers are using altcoins than Bitcoins due to high transaction fees. But in future, it may change because now Bitcoin transaction fees are coming down and gamblers may start using bitcoins again to play games.

Besides transactions fees decreasing, there is another factor:

Now that BTC price dropped a lot, there is a good chance the volume of BTCs being gambled will increase, so the profit will increase as well.
I expect to see better returns from traditional casinos at this point, rather than usual 0.01%-0.02% profit we are seeing since the last weeks ago.

coingamblingreviews

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Week 22 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-23-week-22-of-52

chris200x9

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Quote from: szpalata on January 29, 2018, 09:00:27 AM

Altcoin gambling is actually picking up these days because the transaction fees on bitcoin is on an ever increasing trend and many find it convenient trading their altcoins in gambling than their bitcoins which they will stand to loose significantly should they transfer into a gambling house's wallet.

A couple of months back some of my Bitcoins converted to LTC in crypto games site for investment purpose and until now my LTC investments returns are better than Bitcoin investment. It shows that many gamblers are using altcoins than Bitcoins due to high transaction fees. But in future, it may change because now Bitcoin transaction fees are coming down and gamblers may start using bitcoins again to play games.

szpalata

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Quote from: ethereumhunter on January 18, 2018, 03:23:35 AM

Quote from: mrcash02 on January 17, 2018, 05:35:37 PM

Quote from: MinerHQ on January 11, 2018, 02:52:51 AM

Quote from: michkima on January 11, 2018, 12:58:46 AM

Quote from: coingamblingreviews on January 10, 2018, 03:24:07 PM

Week 19 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

Maybe so... I also have seen the profits in traditional casinos have stagnated.
Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest. Cheesy

I think today many gamblers using altcoin to bet because bitcoin price is really expensive and it is better to use bitcoin for another purpose. with altcoin, we can buy a lot of amounts and we can play gambling all day long although this is not a good idea to us. but since the altcoin price is down too far, we can use altcoin to try to make a profit in gambling games but I don't recommend to do this just to case the profit.

Altcoin gambling is actually picking up these days because the transaction fees on bitcoin is on an ever increasing trend and many find it convenient trading their altcoins in gambling than their bitcoins which they will stand to loose significantly should they transfer into a gambling house's wallet.

coingamblingreviews

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Quote from: MinerHQ on January 28, 2018, 09:01:11 PM

Quote from: coingamblingreviews on January 28, 2018, 01:16:38 AM

Quote from: mrcash02 on January 24, 2018, 08:56:09 PM

Quote from: michkima on January 19, 2018, 05:15:31 AM

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

He used to talk to people on the thread some time ago...

Quote from: michkima on January 19, 2018, 05:15:31 AM

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

The casinos were very smart, they took investor's Bitcoins and gave them these ~~worthless~~ tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process.

Quote from: coingamblingreviews on January 24, 2018, 02:45:18 PM

Week 21 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-22-week-21-of-52

Some slow profit from traditional casinos, but better than nothing! Wink

Give the tokens time! This is a 52 week experiment!

I understood that you want to wait for 52 weeks but I strongly feel that by that time Bitcoins may recover back from this current downtrend and you may lose more percentage of your investments in terms of Bitcoins in Bitdice and Betking. But your profits in USD still may grow because of casions mostly give profits in the long run.

Let's see

I will be waiting until the end.

coingamblingreviews

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Quote from: STT on January 28, 2018, 08:33:35 PM

Are the tokens Ethereum or Bitcoin based or completely off any blockchain, is the project restricting itself to BTC or would consider alt coins as well. I can think of ETH based tokens related to gambling operations and setups that should prove profitable longer term, it'd be interesting to hear peoples opinions of their viability. Some are esports based token ventures for example which is possibly a newer area then the tradational stuff?

ETH based tokens and dividends paid in ETH. I am trying to sticks to BTC and tokens, but would look elsewhere.

MinerHQ

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Quote from: coingamblingreviews on January 28, 2018, 01:16:38 AM

Quote from: mrcash02 on January 24, 2018, 08:56:09 PM

Quote from: michkima on January 19, 2018, 05:15:31 AM

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

He used to talk to people on the thread some time ago...

Quote from: michkima on January 19, 2018, 05:15:31 AM

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

The casinos were very smart, they took investor's Bitcoins and gave them these ~~worthless~~ tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process.

Quote from: coingamblingreviews on January 24, 2018, 02:45:18 PM

Week 21 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-22-week-21-of-52

Some slow profit from traditional casinos, but better than nothing! Wink

Give the tokens time! This is a 52 week experiment!

I understood that you want to wait for 52 weeks but I strongly feel that by that time Bitcoins may recover back from this current downtrend and you may lose more percentage of your investments in terms of Bitcoins in Bitdice and Betking. But your profits in USD still may grow because of casions mostly give profits in the long run.

STT

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Are the tokens Ethereum or Bitcoin based or completely off any blockchain, is the project restricting itself to BTC or would consider alt coins as well. I can think of ETH based tokens related to gambling operations and setups that should prove profitable longer term, it'd be interesting to hear peoples opinions of their viability. Some are esports based token ventures for example which is possibly a newer area then the tradational stuff?

coingamblingreviews

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★Bitcoin Gambling Reviews★

Quote from: mrcash02 on January 24, 2018, 08:56:09 PM

Quote from: michkima on January 19, 2018, 05:15:31 AM

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

He used to talk to people on the thread some time ago...

Quote from: michkima on January 19, 2018, 05:15:31 AM

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

The casinos were very smart, they took investor's Bitcoins and gave them these ~~worthless~~ tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process.

Quote from: coingamblingreviews on January 24, 2018, 02:45:18 PM

Week 21 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-22-week-21-of-52

Some slow profit from traditional casinos, but better than nothing! Wink

Give the tokens time! This is a 52 week experiment!

coingamblingreviews

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★Bitcoin Gambling Reviews★

Quote from: michkima on January 19, 2018, 05:15:31 AM

Quote from: ethereumhunter on January 18, 2018, 03:23:35 AM

Quote from: mrcash02 on January 17, 2018, 05:35:37 PM

Quote from: MinerHQ on January 11, 2018, 02:52:51 AM

Quote from: michkima on January 11, 2018, 12:58:46 AM

Quote from: coingamblingreviews on January 10, 2018, 03:24:07 PM

Week 19 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-20-week-19-of-52

Based from your investment statistics, I am not sure if you just lost about 30 BTC or you withdrawn some of it based from the steemit post. I do hope you can also include the information about how much you have withdrawn from the casino investment to truly reflect your current standing. Although, based from what I saw, you have been in losses in the past weeks.

I've followed your thread before back when you started with just 4 BTC (if my memories serves me right) and back then you recorded a lot of profits, but when you increased your capital by a whole lot, seems you lost a lot more and you were not able to maintain the previous profits. I guess this is really because of the ICO coins you bought from Betking and Bitdice. Based from that fact, I think it was never a good idea to buy these coins and it was a lot better to just have kept the money at casino bankrolls. Just my observation.

Yes, his biggest mistake was investing in those two ICO projects. If BTC prices go up again then his losses from these two ICO investments will go even higher.

Why BTC investments are not giving so much profit from other casinos may be due to high transaction fee and slow confirmations. Many gamblers started using altcoins so his profits from other casino bankrolls are not increasing so much.

Maybe so... I also have seen the profits in traditional casinos have stagnated.
Or people are really betting with AltCoins as you say, or they are betting at casinos we can't invest. Cheesy

I think today many gamblers using altcoin to bet because bitcoin price is really expensive and it is better to use bitcoin for another purpose. with altcoin, we can buy a lot of amounts and we can play gambling all day long although this is not a good idea to us. but since the altcoin price is down too far, we can use altcoin to try to make a profit in gambling games but I don't recommend to do this just to case the profit.

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

Quote from: MinerHQ on January 18, 2018, 11:05:49 PM

Quote from: coingamblingreviews on January 18, 2018, 04:02:24 PM

Week 20 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-21-week-20-of-52

In 20 weeks overall you lost around 15% of your investment which is not so good. Betking performance is slightly better this week may be due to Bitcoin prices went down a lot, not because of Betking did a good performance.

Since Bitcoin transactions are slow and its transaction fees are high so many gamblers are preferring to use altcoins to gamble. That may be the reason overall profits from other bankrolls also not that attractive.

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

Well lets see, as Betking tokens are a USD fix so as the BTC price goes down the holdings on a BTC basis go up. Decent hedge and I have been buying more and more Betking tokens at a discount to what Dean will buy them back at.

BitDice just had a major bounce and paid out about $4k in dividends this weekend.

52 weeks will be interesting and I suspect the ICO's will turn around so lets see!

mrcash02

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Quote from: michkima on January 19, 2018, 05:15:31 AM

I just hate that he does not really reply on any of the message here but just keeps on posting his stats.

He used to talk to people on the thread some time ago...

Quote from: michkima on January 19, 2018, 05:15:31 AM

What really brought his investment down was buying those ICO tokens for the gambling sites. When BTC pumped to the moon back in December, everything dropped including his tokens for those casinos. Guess it never recovered after that event.

The casinos were very smart, they took investor's Bitcoins and gave them these ~~worthless~~ tokens/coins. I believe it's impossible to hit ROI with these tokens if we are calculating the ROI in relation to BTC, similar to cloud minings process.

Quote from: coingamblingreviews on January 24, 2018, 02:45:18 PM

Week 21 Bitcoin Casino Investments Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-22-week-21-of-52

Some slow profit from traditional casinos, but better than nothing! Wink

Topic: Bitcoin Gambling Investments - page 4. (Read 47265 times)