▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ - page 176.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: BTCevo on September 01, 2017, 11:13:32 PM

Quote from: Bitinity on August 30, 2017, 08:59:50 PM

Quote from: Gracechen17 on August 30, 2017, 02:39:30 PM

Is there any chance of earning coins in gambling aside from participaing in gambling itself?

Sure there is a chance for you to earn without gambling, you can earn through the affiliate program. Spread your referral link and get many active players (whales will be better) so you will earn decent money without risking your own money.

Yes, I agree that is the only way to get some coin without even participating on gambling. But do you even think that you can get big whale as your referalls? I do not think so, since they can go to the site by themselves, even if you give the link to them, they have rights not to use it. So I think this is not a way to get some coin easily right here. I can suggest investing so you wont be taking part on gambling

We do not know who will sign up under us, it is a a try to get free money by referring others. If we get whales then it is our luck but if we dont get it then it does not matter. That's how affiliate program works, if you always think that it is not worth to try then it is your own choice.

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: Bitinity on August 30, 2017, 08:59:50 PM

Quote from: Gracechen17 on August 30, 2017, 02:39:30 PM

Is there any chance of earning coins in gambling aside from participaing in gambling itself?

Sure there is a chance for you to earn without gambling, you can earn through the affiliate program. Spread your referral link and get many active players (whales will be better) so you will earn decent money without risking your own money.

Yes, I agree that is the only way to get some coin without even participating on gambling. But do you even think that you can get big whale as your referalls? I do not think so, since they can go to the site by themselves, even if you give the link to them, they have rights not to use it. So I think this is not a way to get some coin easily right here. I can suggest investing so you wont be taking part on gambling

RedGolpe

full member

Activity: 178

Merit: 100

Again, if you store your funds in a web wallet you are not in control of them. A web wallet is subject to the same vulnerabilities as any other website (in fact, it is a website).

poordeveloper

hero member

Activity: 896

Merit: 527

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You are right: while you still have access to the funds, you're not just storing the funds but also investing them so the risks of a web wallet add up to those of an investment.

On the other hand, a web wallet most of the time don't have a sustainable business model while on this case they have an incentive to keep their business running.

RedGolpe

full member

Activity: 178

Merit: 100

Quote from: poordeveloper on August 31, 2017, 07:09:28 AM

Quote from: RedGolpe on August 31, 2017, 04:32:03 AM

Quote from: veleten on August 30, 2017, 07:12:25 PM

but this is a very good alternative to just storing your coins in your wallet

Just always remember that your cryptocoins are yours only when you control the private keys of your wallet. If you decide to invest on a site, there is always a chance for the site to default, to have a negative return, to be hacked, or simply to run with your money.

Well, if you're going to invest on a site you must trust it.

Of course. That's what I do btw. Just saying it's not an "alternative to store your coins in your wallet": the risk is way higher.

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Quote from: RedGolpe on August 31, 2017, 04:32:03 AM

Quote from: veleten on August 30, 2017, 07:12:25 PM

but this is a very good alternative to just storing your coins in your wallet

Just always remember that your cryptocoins are yours only when you control the private keys of your wallet. If you decide to invest on a site, there is always a chance for the site to default, to have a negative return, to be hacked, or simply to run with your money.

Well, if you're going to invest on a site you must trust it.

RedGolpe

full member

Activity: 178

Merit: 100

Quote from: veleten on August 30, 2017, 07:12:25 PM

but this is a very good alternative to just storing your coins in your wallet

Just always remember that your cryptocoins are yours only when you control the private keys of your wallet. If you decide to invest on a site, there is always a chance for the site to default, to have a negative return, to be hacked, or simply to run with your money.

Bitinity

legendary

Activity: 3066

Merit: 1312

Quote from: Gracechen17 on August 30, 2017, 02:39:30 PM

Is there any chance of earning coins in gambling aside from participaing in gambling itself?

Sure there is a chance for you to earn without gambling, you can earn through the affiliate program. Spread your referral link and get many active players (whales will be better) so you will earn decent money without risking your own money.

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: Cormoran on August 30, 2017, 02:50:48 PM

I hope I'm misunderstanding this post. Are people really touting gambling as an "investment" now? Or was the investment referring to an ICO which would allow real investment in the form of purchasing shares, tokens, whatever you want to call them, of the business operating the website? That could charitably be called investment, though definitely a fringe investment that's even riskier than investing in crypto itself, regardless of how well this particular site may or may not have done so far. If the "investment" is in the fact that the site takes less of a cut from the gambling winnings, and otherwise it's just a regular gambling site, that's extremely misleading. Maybe I'm just confused, I hope so.

yes,you are totally misunderstanding it-investment in bitvest,or any casino that has an investment option
has nothing to do with you gambling,it is you putting your money(investing) into a casino's bankroll
i.e. you share casino's profit
whenever casino makes profit,you get a share of it,calculated based on the amount invested,margin,investment formula etc.
this is a safe and effective way to increase your stash WITHOUT big risks involved,as 1% house edge gives casinos advantage in the long run
(there could be spells when your investment returns negative,due to variances,but it is very rare and requires several whales get extremely lucky)
the longer you keep your money invested,the higher your profit will be
this is not a "get rich quick" scheme,I suggest locking your investments for at least one month
but this is a very good alternative to just storing your coins in your wallet, several bitcoins invested could get you up to 100% ROI in a year

if you want to learn more,register at bitvest and see the investment tab for additional info,or ask any of the moderators,they will be more than happy to help you

poordeveloper

hero member

Activity: 896

Merit: 527

₿₿₿₿₿₿₿

Investment is regarded, for Bitvest, as as funding the casino bankroll in exchange of a % of the casino earnings.

Cormoran

member

Activity: 61

Merit: 10

I hope I'm misunderstanding this post. Are people really touting gambling as an "investment" now? Or was the investment referring to an ICO which would allow real investment in the form of purchasing shares, tokens, whatever you want to call them, of the business operating the website? That could charitably be called investment, though definitely a fringe investment that's even riskier than investing in crypto itself, regardless of how well this particular site may or may not have done so far. If the "investment" is in the fact that the site takes less of a cut from the gambling winnings, and otherwise it's just a regular gambling site, that's extremely misleading. Maybe I'm just confused, I hope so.

Gracechen17

full member

Activity: 367

Merit: 102

Is there any chance of earning coins in gambling aside from participaing in gambling itself?

RedGolpe

full member

Activity: 178

Merit: 100

Based on my limited perspective of investor and the profits curve from ETH only it looks like ETH betting is on exponential growth, though still significantly far (~10x) from BTC. Is there any metric available? Do you plan to add ETH charts to the BTC ones?

veleten

legendary

Activity: 2016

Merit: 1107

Quote from: wry on August 29, 2017, 07:09:55 PM

I think the addition of native support for some altcoins is a great addition to bitvest!

Really appreciate all the work - this place to play just keeps getting better and better!

yes it does,this update went as smoothly as it could
think there was the only glitch with the dicebot API but it was fixed very promptly
I see many people betting litecoins and pop up at the HR
maybe make the HR minimum bet for ltc something like half a litecoin?
so it doesn't get clogged with the 0.02 ltc bets? one litecoin is around 60$ at the moment
so a 0.5 ltc bet is roughly what a bitcoin HR bet would be

wry

sr. member

Activity: 288

Merit: 251

I think the addition of native support for some altcoins is a great addition to bitvest!

Really appreciate all the work - this place to play just keeps getting better and better!

bias

hero member

Activity: 882

Merit: 501

Quote from: Zodiac1233 on August 28, 2017, 07:13:31 PM

We're back! Best of luck to everyone!

Thats indeed a great news,i think for all of us here.
Adding two of the most known and "strong" alts is a step forward.
Congrats Bitvest team and i hope that you will get the audience that you expect from this move. Wink

Zodiac1233

hero member

Activity: 616

Merit: 524

Bitvest & 777Coin Developer

Quote from: lottery248 on August 29, 2017, 11:15:13 AM

in before the people with the holds of litecoins and/or ethereums to invest in this site for the players usually with bitcoins to play. lol

We expect the Ethereum and Litcoin players to come shortly once they become aware of our latest update

lottery248

legendary

Activity: 1582

Merit: 1006

beware of your keys.

in before the people with the holds of litecoins and/or ethereums to invest in this site for the players usually with bitcoins to play. lol

shezu007

full member

Activity: 336

Merit: 121

Bitvest is such a love it has made a lot of people better so no doubt it will make you better too if you come to join. Because it is a place of paradise your wishes every time become a fulfill.

otong

sr. member

Activity: 798

Merit: 251

Quote from: Zodiac1233 on August 28, 2017, 04:33:12 AM

Coming Tomorrow: Ethereum and Litecoin support at Bitvest!

Altcoin launch event!

For Bettors:
All bettors will receive 5% of the house edge back at the end of the September for any altcoin bets placed, even if they have made a profit!

For Investors:
To reward our early altcoin investors, we will be giving the following bonuses to investors who start an altcoin investment shortly after our launch:

All altcoin investments created before 23:59 GMT September 7th will have 2x higher margin limits available. You may keep your chosen margin level permanently as long as the investment is not divested.
All altcoin investments locked in before 23:59 GMT September 7th for 30 days or more will receive a 20% refund of commissions on 23:59 GMT October 1st.

The altcoin update will be live at midnight GMT August 29th, 14.5 hours from the time of this post! We will be down for maintenance at 10 PM GMT August 28th for the updates.

wow nice to add eth and ltc, hopefully more advanced

Topic: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ - page 176. (Read 201924 times)