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Topic: bustabit – The original crash game (Read 61600 times)

legendary
Activity: 3528
Merit: 1234
Top Crypto Casino
January 10, 2025, 06:39:18 AM
Then it was what I was looking for after all. Thank you very much.

Now you are making me curious : what are you going to do with those data? Testing some strategy or their provably fair system ? Or anything else?
Would like to know if you don't mind sharing.
brand new
Activity: 0
Merit: 0
January 10, 2025, 06:09:24 AM
Then it was what I was looking for after all. Thank you very much.
copper member
Activity: 109
Merit: 34
bustabit & bustadice
January 09, 2025, 09:32:31 PM
Hello, can someone tell me how do I get all game details (gamenumber + crashnumber) of the last 1.000.000 games? Is this possible?

Not sure if it is what you are looking for but if you play with backtesting tab on bustabit site (you don't even need to log in to see it) you can generate games based on a  historical hash : you can flag "historical games" and choose the number of games you desire.

I just used it few times so dont know if it can simulate up to 1 million games : try your luck there and let us know if you solved.

This is correct, backtesting can be used to generate a CSV report with all previous multipliers. Head to https://bustabit.com/backtesting, enter 1,000,000 or more in "number of games", set a large initial balance, select "historical games", and run Flat Bet, for example. Once the simulation ends, you will be able to download a file with all the information you need.
brand new
Activity: 0
Merit: 0
January 09, 2025, 08:43:50 PM

Not sure if it is what you are looking for but if you play with backtesting tab on bustabit site (you don't even need to log in to see it) you can generate games based on a  historical hash : you can flag "historical games" and choose the number of games you desire.

I just used it few times so dont know if it can simulate up to 1 million games : try your luck there and let us know if you solved.

Thanks, but this is not what I am looking for. I want to have the data on my computer. I tried to run this on my local machine, but I failed: https://bustabit.github.io/verifier/
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
January 09, 2025, 06:38:32 PM
The bankroll for Bustabit is showing as > ₿500 therefore it has taken a massive hit because of divestment. It could be down to the fact devans is no longer the owner of the business or it other factors such as the price of Bitcoin breaking $100,000 but having said that there is still a minimum of $46 million being trusted with the website after the sale and signs are looking good.

Thank you for pointing this out. I hadn't really checked their bankroll during the July month. It was 700+ Bitcoin when I checked it for the last time, I had checked it a few many times within last few months. The max profit limit was almost double of current max profit limit for a few days in the July month. The surge of Bitcoin price has affected the bankroll of Bustabit significantly.
legendary
Activity: 3528
Merit: 1234
Top Crypto Casino
January 09, 2025, 02:00:30 PM
Hello, can someone tell me how do I get all game details (gamenumber + crashnumber) of the last 1.000.000 games? Is this possible?


Not sure if it is what you are looking for but if you play with backtesting tab on bustabit site (you don't even need to log in to see it) you can generate games based on a  historical hash : you can flag "historical games" and choose the number of games you desire.

I just used it few times so dont know if it can simulate up to 1 million games : try your luck there and let us know if you solved.
newbie
Activity: 8
Merit: 0
January 09, 2025, 11:59:25 AM
Hello, can someone tell me how do I get all game details (gamenumber + crashnumber) of the last 1.000.000 games? Is this possible?

Basically you can check streaks and so on in the spam channel of the game.
brand new
Activity: 0
Merit: 0
January 09, 2025, 09:46:03 AM
Hello, can someone tell me how do I get all game details (gamenumber + crashnumber) of the last 1.000.000 games? Is this possible?
copper member
Activity: 109
Merit: 34
bustabit & bustadice
December 04, 2024, 02:46:47 PM
Unfortunately, Max Profit decreased very large in years. In my opinion, This situation is very big problem for whale players.
Because, They can't play for big payout in this situation. What are you thinking about this matter. Thanks and Best Regards.

I'm not too worried about it. Bustabit's wager volume tends to be stable in terms of fiat money, not Bitcoin. This means that a player who used to bet 10 BTC when it was worth $10,000 will only bet 1 BTC today, so they wouldn't need the max-profit that bustabit used to have years ago.

To give you another example, the max-profit exactly a year ago was 18.21 BTC, which was worth ~$730,000 at the time, although Bitcoin's price was already increasing. In September 2023, the max-profit was equivalent to ~$600,000. The max-profit today is 5.46 BTC, which is worth ~$530,000. It's not as small as you'd imagine once you look at it in terms of fiat.

-snip-

The investing system is designed in a way that naturally incentivizes new investments. For example, a few weeks ago the commission rate was still pretty high (around 70%) partially because Bitcoin's price kept going up, which made it less appealing for investors.
-snip-

Maybe I'm misinterpreting your message but please be so kind to detail more the the bolded red part : how does bitcoin price affect commission rate (assuming it does as I'm understanding from the quoted part of your post)?

You aren't misinterpreting it. The commission rate takes into account the value of the bankroll in BTC/XDR (details here: https://bustabit.com/help/investing). The higher Bitcoin's price goes, the higher the commission and the lower the rate of return for investors. With BTC nearly worth $100,000 right now Shocked, it's no surprise that the commission rate was going to incentivize some investors to divest.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
December 04, 2024, 12:37:52 PM
If you check the image below, taken from dicesites.com, you can see at February the huge dump due to ownership change you mentioned but you can see that from that point bankroll rose back up again to above 1000 BTC but then, starting from July it went down again slowly with those last quite big two dumps happened within the last two/three weeks to basically half as it was in July 2024. ~
Thank you for pointing this out. I hadn't really checked their bankroll during the July month. It was 700+ Bitcoin when I checked it for the last time, I had checked it a few many times within last few months. The max profit limit was almost double of current max profit limit for a few days in the July month. The surge of Bitcoin price has affected the bankroll of Bustabit significantly.
legendary
Activity: 3528
Merit: 1234
Top Crypto Casino
December 04, 2024, 11:23:05 AM
-snip-

The investing system is designed in a way that naturally incentivizes new investments. For example, a few weeks ago the commission rate was still pretty high (around 70%) partially because Bitcoin's price kept going up, which made it less appealing for investors.
-snip-

Maybe I'm misinterpreting your message but please be so kind to detail more the the bolded red part : how does bitcoin price affect commission rate (assuming it does as I'm understanding from the quoted part of your post)?
?
Activity: -
Merit: -
December 03, 2024, 08:53:31 PM
The investing system is designed in a way that naturally incentivizes new investments. For example, a few weeks ago the commission rate was still pretty high (around 70%) partially because Bitcoin's price kept going up, which made it less appealing for investors. But now that ~200 BTC have been divested, the commission rate dropped to 50%, making it considerably more attractive to them once again.

Dear leomedina, Hello, Firstly, I congratulate you for your new owner with respect to Bustabit. I wish you success.
Also, devans is very precious for me with respect to Bustabit game. And, I like and play Bustabit for a long time.

Unfortunately, Max Profit decreased very large in years. In my opinion, This situation is very big problem for whale players.
Because, They can't play for big payout in this situation. What are you thinking about this matter. Thanks and Best Regards.
copper member
Activity: 109
Merit: 34
bustabit & bustadice
December 03, 2024, 12:50:07 PM
Hey there Leo, noticed bankroll is steadily declining due to divestments ( investor profit is usually quite close to profit ATH) in last months , max bet profit is almost half of what it was around 5/6 months ago : do you think it due to BTC reaching its ATH or maybe the recent KYC thing you introduced for new investment or maybe both?

While the mandatory KYC check for new investments has definitely slowed them down, I believe it's mostly due to the price. At least that's what a couple of investors I spoke with mentioned. When I took over, Bitcoin's price was about half of what it is today.

Are you considering lowering commission rate to incentivize investment?

The investing system is designed in a way that naturally incentivizes new investments. For example, a few weeks ago the commission rate was still pretty high (around 70%) partially because Bitcoin's price kept going up, which made it less appealing for investors. But now that ~200 BTC have been divested, the commission rate dropped to 50%, making it considerably more attractive to them once again.

Are you considering lowering commission rate to incentivize investment?
The recent KYC introduction for the new investments might be a reason why many have divested and new investors are not willing to take part. I would have considered adding in more BTC but after this rule, I am holding on whatever I have already put in and observing how it goes. Till date it has been good with a 20-30% per annum interest and hence I will let it grow on the site.

Lowering the commission could be an option, but I think the KYC hits harder than commission. People are crazy about privacy in this sector and they ought to be.

I'm sure it puts some people off, and as you said, that's understandable. Despite that, we are still verifying new investors every other day, and the lower commission rate could attract even more investments. For what it's worth, the investors' return since February 26th (the day I took over) has been 36%, even though the commission rate was quite high for most of that time.
legendary
Activity: 3528
Merit: 1234
Top Crypto Casino
December 03, 2024, 12:03:08 PM
Hey there Leo, noticed bankroll is steadily declining due to divestments ( investor profit is usually quite close to profit ATH) in last months , max bet profit is almost half of what it was around 5/6 months ago : do you think it due to BTC reaching its ATH or maybe the recent KYC thing you introduced for new investment or maybe both?
Bustabit bankroll had decreased significantly when the ownership transition happened a few months ago. And the max profit limit has been adjusted (lowered) for the reduction of bankroll. The bankroll of Bustabit and the max profit limit is almost similar to what it is now since last few months. I haven't noticed any big changes in it in the recent days. The divestments actually happened when the ownership transition took place in the February month.

You clearly  haven't followed the evolution of the bankroll well, at least not the one regarding the period I was referring to

-snip-
in last months , max bet profit is almost half of what it was around 5/6 months ago
-snip-

If you check the image below, taken from dicesites.com, you can see at February the huge dump due to ownership change you mentioned but you can see that from that point bankroll rose back up again to above 1000 BTC but then, starting from July it went down again slowly with those last quite big two dumps happened within the last two/three weeks to basically half as it was in July 2024.

legendary
Activity: 1946
Merit: 1026
In Search of Incredible
December 03, 2024, 10:27:26 AM
Hey there Leo, noticed bankroll is steadily declining due to divestments ( investor profit is usually quite close to profit ATH) in last months , max bet profit is almost half of what it was around 5/6 months ago : do you think it due to BTC reaching its ATH or maybe the recent KYC thing you introduced for new investment or maybe both?
Bustabit bankroll had decreased significantly when the ownership transition happened a few months ago. And the max profit limit has been adjusted (lowered) for the reduction of bankroll. The bankroll of Bustabit and the max profit limit is almost similar to what it is now since last few months. I haven't noticed any big changes in it in the recent days. The divestments actually happened when the ownership transition took place in the February month.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 03, 2024, 07:47:04 AM
Are you considering lowering commission rate to incentivize investment?
The recent KYC introduction for the new investments might be a reason why many have divested and new investors are not willing to take part. I would have considered adding in more BTC but after this rule, I am holding on whatever I have already put in and observing how it goes. Till date it has been good with a 20-30% per annum interest and hence I will let it grow on the site.

Lowering the commission could be an option, but I think the KYC hits harder than commission. People are crazy about privacy in this sector and they ought to be.
legendary
Activity: 3528
Merit: 1234
Top Crypto Casino
December 03, 2024, 05:32:39 AM
Hey there Leo, noticed bankroll is steadily declining due to divestments ( investor profit is usually quite close to profit ATH) in last months , max bet profit is almost half of what it was around 5/6 months ago : do you think it due to BTC reaching its ATH or maybe the recent KYC thing you introduced for new investment or maybe both?
Are you considering lowering commission rate to incentivize investment?
copper member
Activity: 109
Merit: 34
bustabit & bustadice
October 28, 2024, 10:41:45 AM
Good news! We've finally added support for the Lightning Network on both bustabit and bustadice  Smiley

The limits are a bit low right now, but we'll be increasing them slowly over time as we get more comfortable managing our channels' liquidity.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 22, 2024, 07:50:08 AM
-snip-
I would once again like to point out, this new rule is applicable to new "investors" not the players and existing investors. The situation is similar but at the same time different because stake does not have such an investment scheme running in it. We can only assume that this would trickle down to players and old investors, but for the time being this is not the case.

I hope things continue running for old investors as they are. I have long terms investment plans on BAB already in their first phase.
legendary
Activity: 2506
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
July 21, 2024, 10:01:19 PM
Read carefully, the need to KYC is currently only applicable to "new" investors, not existing investors, not players, only those who change their investment or newly invest.

So players can continue as they were playing.
-snip-

This new measure makes me wonder a bit;  players can keep on playing anonymously, old investors can still stay in the dark but new ones ( or already existing that want to raise their stack) have to verify their identity : why so? Is there any new recent legislation that requires you to verify the source of your investors from a certain date onwards or what? Why investors and not also players?

In that case, i think sooner or later the same rules for KYC may apply for old investors and players too. I also don't think that why only new investors are under the radar ?
Perhaps, they may implement changes in steps otherwise it will being panic among the gamblers already active at bustabit.
This is exactly the same approach stake took when they updated their terms and conditions to announce that kyc had become mandatory on the site, they said that those who are registering new on the site will be required to passed kyc verification before they are even allowed to deposit and start playing on the site, while the old players who are yet to verify their account can continue to play normally like before, and can apply to get their account verified anytime they(the customer) deem it feet and convenient for him or her.

Personally, I think this approach is a strategy the casino employ to not try to make it look like they are pressurizing the already old players, its just a way to give the Old players time to prepare themselves well to get their account verified, while they can still freely play on the casino, forcefully asking every one to pass kyc verification will greatly affect the casino's income, as obviously, all gamblers will be paused from gambling, and only a few will try to pass the verification immediately so as to continue to play, the rest will take their time, and the casino may even lose alot of customers in the process.
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