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Topic: Bustabit crowd sale! [Refunded] - page 2. (Read 1264 times)

legendary
Activity: 1876
Merit: 1289
DiceSites.com owner
June 22, 2016, 08:31:59 AM
#6
I understand, but I think just offering that platform is already bad, it encourages more loans (and therefor scams.) Even on just BTCJam I see very frequently people who are overall down and they even have extra tools like feedback, social media links, IDs, etc. But up to you Tongue Seals perspective that time (and most sites perspective) was just "not our business, your own risk", I think that's better (even though you will obviously have a similar disclaimer.)


Anyway, don't want to only focus on that 1 specific idea. Like I said, I very much like all the other plans Smiley
legendary
Activity: 2557
Merit: 1886
June 22, 2016, 08:05:24 AM
#5
I have a question regarding that token these will be trade-able right after crowd sale or these will will be similar to an invest which we make into casino bankroll, you have any plan to run social media, signature bounties to catch attention of other people.

Yeah, pretty soon after the crowd-sale you'll be able to transfer and/or sell tokens to other users. Ideally the tokens will be withdrawal-able in the form of OpenAssets tokens (i.e. so you can use a colored coin wallet to manage them) but unless someone builds a secondary market for OpenAssets there's not really much point

Looks good.

Only thing I wouldn't do is that "gambling loan platform". Gamblers and loans just don't go well together (I actually have been actively loaning on seals in '13 to only very specific people whose identity I knew, but still it's a losing game.) As website I wouldn't actively participate in that. But I can imagine it's just 1 of the many ideas you have.

The site itself is definitely not going to loan money -- but like you, people *already* are doing lots of gambling loans. So instead of sending them money and hoping they follow the conditions of the loan, I was planning on building proper support for some of the common loan types. e.g. So you can send someone X BTC loan, and they need to repay Y BTC in loan. Until the loan is repaid, they can not withdraw and their profile shows they have an outstanding loan.

So the site itself won't take any risk, just give people better tools to do what they're already doing
legendary
Activity: 1876
Merit: 1289
DiceSites.com owner
June 22, 2016, 04:07:57 AM
#4
Looks good.

Only thing I wouldn't do is that "gambling loan platform". Gamblers and loans just don't go well together (I actually have been actively loaning on seals in '13 to only very specific people whose identity I knew, but still it's a losing game.) As website I wouldn't actively participate in that. But I can imagine it's just 1 of the many ideas you have.

Not sure if I would personally invest, I always have a bit of a short-term vision when it comes to putting my money into something. But long-term it looks interesting.

Good luck.
hero member
Activity: 770
Merit: 500
June 22, 2016, 03:46:55 AM
#3
Its a pity that I dont have much bitcoin left right now else this would have been a viable investment. Raising 3000btc wow that's a lot of money.
legendary
Activity: 1008
Merit: 1000
June 22, 2016, 01:58:46 AM
#2
I have a question regarding that token these will be trade-able right after crowd sale or these will will be similar to an invest which we make into casino bankroll, you have any plan to run social media, signature bounties to catch attention of other people.
legendary
Activity: 2557
Merit: 1886
June 22, 2016, 12:01:36 AM
#1
As most of you here know, bustabit is one of the most popular bitcoin gambling sites (probably second only to primedice).  Well I'm happy to announce that it is going up for crowd sale! To avoid repeating myself too much here, I'll just post the link to the full details are here:

https://www.bustabit.com/crowdsale


Comments, criticisms and questions are welcome!
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