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Topic: bustabit – The original crash game - page 88. (Read 61490 times)

legendary
Activity: 2534
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Thank you for the link. Do you have a demo URL where prospective purchasers can see v1 running?

And since you are not selling a licence for v2 could you please explain how ethercrash has an almost identical looking site to bustabit?

I might be off here, but you already have all the information you need. Ethercrash runs the V1 version of bustabit. That should answer both of your questions.

Thank you for letting me know, it might have been posted before but escaped my mind. In that case both questions are indeed answered.

hero member
Activity: 1008
Merit: 515

Thank you for the link. Do you have a demo URL where prospective purchasers can see v1 running?

And since you are not selling a licence for v2 could you please explain how ethercrash has an almost identical looking site to bustabit?

I might be off here, but you already have all the information you need. Ethercrash runs the V1 version of bustabit. That should answer both of your questions.
legendary
Activity: 2534
Merit: 1713
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bustabit sells software license for version 1 of bustabit. Version 2, which bustabit.com is currently running, is not available for licensing. The software is provided as-is and buyers should be prepared to maintain and modify the code themselves.

If you're interested in purchasing a v1 license or have any questions about it, please contact me via email at https://www.bustabit.com/support.



Thank you for the link. Do you have a demo URL where prospective purchasers can see v1 running?

And since you are not selling a licence for v2 could you please explain how ethercrash has an almost identical looking site to bustabit?
sr. member
Activity: 840
Merit: 252
I already know about bustabit this is a popular crash game. There are many interesting features that give the player the best experience. Anyone can invest here, and its investment fee is not too much. This is probably the most popular site of this time that people try to give their best. There are many features like Investment System, Higher bet limits, Deposit precredits, Highly optimized withdrawal system, etc.
I agree and from time to time there is a lot of winners announced on its website live. You can see their codename there. I remember when I had this moment that I just put 3X and I won but the biggest won at that time is like 1000X I kinda regret at that time but still cherish because I won.
sr. member
Activity: 528
Merit: 368
bustabit sells software license for version 1 of bustabit. Version 2, which bustabit.com is currently running, is not available for licensing. The software is provided as-is and buyers should be prepared to maintain and modify the code themselves.

If you're interested in purchasing a v1 license or have any questions about it, please contact me via email at https://www.bustabit.com/support.
legendary
Activity: 2534
Merit: 1713
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Which version of the game is provided if the 2 BTC licence fee is paid?

After a licence fee is paid, are updates and upgrades provided for free?
member
Activity: 182
Merit: 10
I already know about bustabit this is a popular crash game. There are many interesting features that give the player the best experience. Anyone can invest here, and its investment fee is not too much. This is probably the most popular site of this time that people try to give their best. There are many features like Investment System, Higher bet limits, Deposit precredits, Highly optimized withdrawal system, etc.
legendary
Activity: 1512
Merit: 1041
April 30, 2019, 04:45:44 AM
The intended purpose of the offsite system is primarily for investors to decrease their counterparty risk by holding part of their investment themselves. It was never intended as a roundabout way for investors to increase their risk beyond what is safe according to the Kelly criterion.

But as bustabit's bankroll continues to grow, I believe the offsite system is increasingly being (ab)used to do just that. At over 6,300 BTC, bustabit's bankroll is only rarely fully utilized, so investors' desire to gain a larger stake in it by leveraging is understandable. However, it is arguably unfair towards other investors and is also not in bustabit's best interest, which ideally wants a stable and highly utilized bankroll.

In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.
That makes sense, after all why would the people who leverage their investment on a casino that literally prints money from how much it earns while others just stay there taking all the potential risks if there is any big win but not get the same amount during the big loses.

I fully agree with this decision and I feel like maybe even removing the existing ones could have worked as well, I mean 6300+ is more than enough for a long long time to cover many many losses and I think if you let it be the amount will grow by itself not by just more people investing more actually people profiting from their investments and organically increasing that amount too. I feel you can just let it be the regular invest/divest without any extra steps and still make it work for everyone involved.
legendary
Activity: 1199
Merit: 1047
April 30, 2019, 01:21:39 AM
The intended purpose of the offsite system is primarily for investors to decrease their counterparty risk by holding part of their investment themselves. It was never intended as a roundabout way for investors to increase their risk beyond what is safe according to the Kelly criterion.

But as bustabit's bankroll continues to grow, I believe the offsite system is increasingly being (ab)used to do just that. At over 6,300 BTC, bustabit's bankroll is only rarely fully utilized, so investors' desire to gain a larger stake in it by leveraging is understandable. However, it is arguably unfair towards other investors and is also not in bustabit's best interest, which ideally wants a stable and highly utilized bankroll.

In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.

Well done! I hated having to overleverage so I wouldn't be diluted by those with 2 times as much offsite as onsite bankroll.

Under this new system what I'd suggest is increasing the maximum possible loss per round (loss for investors, prize for players) to 2 times Kelly criterion. Very rarely players go for max profit, so it's still a very conservative approach and it could encourage some more big bets (or martingale style strategies that would be able to bet more times before hitting max profit), while still being profitable for investors (positive bankroll expected growth).
newbie
Activity: 33
Merit: 0
April 29, 2019, 11:13:08 AM
The intended purpose of the offsite system is primarily for investors to decrease their counterparty risk by holding part of their investment themselves. It was never intended as a roundabout way for investors to increase their risk beyond what is safe according to the Kelly criterion.

But as bustabit's bankroll continues to grow, I believe the offsite system is increasingly being (ab)used to do just that. At over 6,300 BTC, bustabit's bankroll is only rarely fully utilized, so investors' desire to gain a larger stake in it by leveraging is understandable. However, it is arguably unfair towards other investors and is also not in bustabit's best interest, which ideally wants a stable and highly utilized bankroll.

In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.

Has this been implemented yet? I see I am still able to increase my offsite exposure, bumping up my total estimated stake if I were to do so. Is this feature only on any new btc deposits after 4-28 or are you still in the process of implementing and changing it as of now (4-29)?

EDIT **  I see the message when actually attempting to do so Offsite investments are deprecated. You cannot increase your offsite investment. Disregard my previous comment.  **
sr. member
Activity: 528
Merit: 368
April 28, 2019, 10:28:31 AM
The intended purpose of the offsite system is primarily for investors to decrease their counterparty risk by holding part of their investment themselves. It was never intended as a roundabout way for investors to increase their risk beyond what is safe according to the Kelly criterion.

But as bustabit's bankroll continues to grow, I believe the offsite system is increasingly being (ab)used to do just that. At over 6,300 BTC, bustabit's bankroll is only rarely fully utilized, so investors' desire to gain a larger stake in it by leveraging is understandable. However, it is arguably unfair towards other investors and is also not in bustabit's best interest, which ideally wants a stable and highly utilized bankroll.

In the past I've already reduced the maximum leverage for new offsite investments a number of times to discourage overleveraging and today I am disabling the ability to make new offsite investments entirely. Existing offsite investments are unaffected. Investors with offsite investments can still add to or remove from their onsite bankroll without being forced to divest their offsite portion. It is also possible to lower your offsite investment without fully removing it.
legendary
Activity: 2534
Merit: 1713
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April 27, 2019, 05:55:45 PM
Could you elaborate on the reasons why you are not planning to increase accepted crypto-types ?

The reason is pretty mundane: There's not enough demand in other cryptocurrencies to justify adding support in bustabit yet.


Thank you for the explanation Smiley

legendary
Activity: 1288
Merit: 1036
April 27, 2019, 02:59:48 PM
Faucet is a very touchy subject because whose money are you giving away with that. Right now bustabit is bankrolled by investors and when someone loses the investors make money however when someone wins than investors are taking the hit, I know on overall investors are profiting (house always wins after all) but telling them "we are going to start giving away free money" won't be welcomed so it is going to be tough to pitch that idea, even if bustabit decides to give away money themselves then it is going to affect the investors all the same, mostly for the good which they will love but sometimes those free faucets could make money as well.

I don't know how it could be done but I know its a very sensitive subject so it can't be done quickly, it needs to be really well thought out.
sr. member
Activity: 528
Merit: 368
April 27, 2019, 01:10:11 PM
Could you elaborate on the reasons why you are not planning to increase accepted crypto-types ?

The reason is pretty mundane: There's not enough demand in other cryptocurrencies to justify adding support in bustabit yet.
legendary
Activity: 2534
Merit: 1713
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April 27, 2019, 05:48:45 AM
No, I don't have any specific plans to support additional currencies at the moment.

Could you elaborate on the reasons why you are not planning to increase accepted crypto-types ?
sr. member
Activity: 528
Merit: 368
April 27, 2019, 05:47:17 AM
No, I don't have any specific plans to support additional currencies at the moment.
legendary
Activity: 2534
Merit: 1713
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April 27, 2019, 05:08:22 AM
Is Bustabit going to add more currencies in the near future?
sr. member
Activity: 1176
Merit: 301
April 27, 2019, 03:52:41 AM
It's been three years I guess since the last time that played in bustabit and I wonder if they are still giving free satoshi because that is what I remember from them before. by the way this was one of my favorite gambling platform when I was just finding a way to get bitcoin, it's really fun to play with BaB but sadly to say I am no longer dealing with gambling but it seems the platform is still become more popular and that's really great. keep it up.
Faucet is no longer available, and I miss get a tips from "Ryan" with tag red  Roll Eyes
The most trusted casino ever played and fair, Unfortunately i was not deal again with gambling. I miss veteran member like Netaban(Sick man from rusian who've play BaB everytime),Almighty(Kind man and rich), cowboy(who've a tons BTC from lottery handled by Ryan)
Yeah I miss those time and those great gamblers and I forgot the famous player who started the autocash-out at ×1.05 .
And those time where we could claim 3 Bits hourly I remember claiming it every hour and doing all in of my bits from the faucet and profit then cashing it out at ×1.25 I manage to pull about 3,000 Bits in 1 day but it was just pure luck and never happened again .
Playing BAB is similar to trading if you are ignoring the chart and trading blindly 😁.
legendary
Activity: 2828
Merit: 1497
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April 24, 2019, 04:06:18 PM
I see a lot of negative comments about the bustabit platform, but I think they are not cheating. This platform is fair, and they provide everyone with links to prove all bet. You can quickly check it through links to export. Gambling is always one of the hot platforms, and there are many risks, so you don't want to be able to leave.
I have never see much negative comments about bustabit and I do believe that both bustabit and Bustadince are own by the same person.  I have been gambling with Bustadince and I have never have any problems with them.
Bustabit was owned by ryan who is rhavar on here replying to some posts until he sold it to devans I believe a year ago atleast thats the last time I have used the site while ryan was still in chat doing paper, scissor and rock for 10 btc. Grin
Bustadice was owned by devans from the very start as I think he just wanted to have a site to start off with and dice seemed to be the easiest to get off the ground at the time.
I believe ryan just wanted to get out of the whole being a gambling site owner thing so he sold it. Simply put they are under the same owner.
legendary
Activity: 2534
Merit: 1713
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April 24, 2019, 03:56:14 PM
I see a lot of negative comments about the bustabit platform, but I think they are not cheating. This platform is fair, and they provide everyone with links to prove all bet. You can quickly check it through links to export. Gambling is always one of the hot platforms, and there are many risks, so you don't want to be able to leave.


Bustabit has an excellent reputation. There are plenty of websites out there but not all have good reputations.
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