Topic: bustadice – Dilution fee lowered to 1% - page 44. (Read 37158 times)
Quite the coincidence, but the gambler's unfortunate downfall has brought the sites profits almost exactly in line to its expected value
Has anyone made screenshots of the bets that led to the increase
of the site bankroll by nearly 100 Bitcoin (~97 BTC)?
Finally, some good news for the investors that had to endure
a really long losing streak with months of negative profits.
of the site bankroll by nearly 100 Bitcoin (~97 BTC)?
Finally, some good news for the investors that had to endure
a really long losing streak with months of negative profits.
Feels good to finally be in profit, everyone that didn't get scared and divested should be up a decent amount now. Personally up ~0.04BTC.
Has anyone made screenshots of the bets that led to the increase
of the site bankroll by nearly 100 Bitcoin (~97 BTC)?
Finally, some good news for the investors that had to endure
a really long losing streak with months of negative profits.
of the site bankroll by nearly 100 Bitcoin (~97 BTC)?
Finally, some good news for the investors that had to endure
a really long losing streak with months of negative profits.
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
Bitcoin prices, its high transaction fees and slow transaction confirmations are the main reason for gamblers to avoid using bitcoins. So if gambling site offers other alternative coins which have a faster confirmation and low transaction fee then they can attract a lot of small gamblers to the site. For quite some time I already stopped using bitcoin for playing dice game.
I think I have to agree with this statement, for small gambler the bitcoin fee is too expensive so the solution is either implemented lightning network or accepting alt coin, but since the lightning network still in testing, it might be a good idea to accept some alt coin, most of the gambler include myself prefer to deposit with altcoin, it's faster and cheaper
devans & RHavar,
What are your thoughts on implementing Lightning Network support? I've been using it on the testnet and although I'm not using a wallet interface yet (I'm interacting directly with lnd on top of roasbeef's btcd) I've already fallen in love with it. If you want to test an implementation of it on testnet or mainnet, I'd love to help, just reach out to me here or however else.
It is a very fast protocol for implementation to make bitcoins usable on crypto casinos again.What are your thoughts on implementing Lightning Network support? I've been using it on the testnet and although I'm not using a wallet interface yet (I'm interacting directly with lnd on top of roasbeef's btcd) I've already fallen in love with it. If you want to test an implementation of it on testnet or mainnet, I'd love to help, just reach out to me here or however else.
The first purchase was done yesterday night for a vpn and the transaction was almost instant.
http://bitcoinist.com/lightning-network-happening-first-physical-item-purchased-ln
I hope this is the way all casinos who accept crypto currency would turn to for their bitcoin withdrawals to not cost so much to send out to their customers and for deposits to be received in a timely manner and not in 14 hours like the last one I did into my casino wallet last week.
Not literally true about this . If the bitcoin gambling market is smaller now, that means altcoin gambling market is pretty much the same
I'll use comparison from this https://dicesites.com/
I'll use comparison from this https://dicesites.com/
Is there a source of historical statistics on this? I would hazard a guess that although gambling market is smaller in BTC (or Alts) given the increased value in USD it is actually still growing. It would be nice to find some numbers to prove or disprove my theory.
Why dont you check the site that I provided?
Guys, Please stop derailing this thread further because at this point there is no need to discuss this thing here. You guys can just go to the site and chat with Daniel directly regarding this, it will be much more convenient
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
Bitcoin prices, its high transaction fees and slow transaction confirmations are the main reason for gamblers to avoid using bitcoins. So if gambling site offers other alternative coins which have a faster confirmation and low transaction fee then they can attract a lot of small gamblers to the site. For quite some time I already stopped using bitcoin for playing dice game.
I'm in bustadice i also gambled using bitcoin but i'm not sure if altcoins are the best thing to used when i bet in gambling.
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
Bitcoin prices, its high transaction fees and slow transaction confirmations are the main reason for gamblers to avoid using bitcoins. So if gambling site offers other alternative coins which have a faster confirmation and low transaction fee then they can attract a lot of small gamblers to the site. For quite some time I already stopped using bitcoin for playing dice game.
Not literally true about this . If the bitcoin gambling market is smaller now, that means altcoin gambling market is pretty much the same
I'll use comparison from this https://dicesites.com/
I'll use comparison from this https://dicesites.com/
Is there a source of historical statistics on this? I would hazard a guess that although gambling market is smaller in BTC (or Alts) given the increased value in USD it is actually still growing. It would be nice to find some numbers to prove or disprove my theory.
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
Bitcoin prices, its high transaction fees and slow transaction confirmations are the main reason for gamblers to avoid using bitcoins. So if gambling site offers other alternative coins which have a faster confirmation and low transaction fee then they can attract a lot of small gamblers to the site. For quite some time I already stopped using bitcoin for playing dice game.
Not literally true about this . If the bitcoin gambling market is smaller now, that means altcoin gambling market is pretty much the same
I'll use comparison from this https://dicesites.com/
If you see the weekly wagered top 10, it shows that top 3 is dominated with bitcoin gambling instead of alts. JD is in fourth spot with its altcoin gambling ( clam ). The other altcoin option has pretty much small volume as well so it is still not worth it
This is my personal opinion though and has nothing to do with bustadice
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
Bitcoin prices, its high transaction fees and slow transaction confirmations are the main reason for gamblers to avoid using bitcoins. So if gambling site offers other alternative coins which have a faster confirmation and low transaction fee then they can attract a lot of small gamblers to the site. For quite some time I already stopped using bitcoin for playing dice game.
the popularity of bustadice is getting better. I am very optimistic with this dice gambling site. apalagibdengan falling bitcoin prices will further increase the number of players who will enter in bustadice. because with the fall of BTC prices, do not make the gambling gamblers to look for altcoin-based gambling sites
Speaking of volume, even though I don't list bustadice on the frontpage of my site (yet - as it's still relatively new compared to others), I actually do track their stats: https://dicesites.com/bustadice
Pretty decent wagered IMO. Relatively few bets though, so more likely "few big gamblers" rather than "many small ones".
Pretty decent wagered IMO. Relatively few bets though, so more likely "few big gamblers" rather than "many small ones".
I am also looking for the possibilities of having other coins accepted and can be deposited in bustadice so that people can have more capital to use and play for also I hope bustadice can have a table of their current equivalent of bits.
Too many hassle to implement that however Im not sure If Daniel might already have a plan for this in the future. Meanwhile if you have no bitcoin to play you can always use shapeshift to convert your alts or use exchanger
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
IMHO, only bitcoin gambling have low volume currently probably because of the high fees, small gamblers are the ones really affected by this situation we are now, imagine a user wants to gamble $100 and needs to pay $15-$20 just to send their money to the site and another $15-$20 when try to withdraw so its a big loss already
I am also looking for the possibilities of having other coins accepted and can be deposited in bustadice so that people can have more capital to use and play for also I hope bustadice can have a table of their current equivalent of bits.
Too many hassle to implement that however Im not sure If Daniel might already have a plan for this in the future. Meanwhile if you have no bitcoin to play you can always use shapeshift to convert your alts or use exchanger
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
still have to pay $12-$15 fee.
I like to go to dice sites daily and gamble $20-$40. i do this daily with 2-3 sites.
these sites all have other crypto coins you can use
I refuse to pay the high btc fees. that $12-$15 fee is ridiculous. i can wait and play elsewhere till btc fees come down to $5 or below to get on the next block
I am also looking for the possibilities of having other coins accepted and can be deposited in bustadice so that people can have more capital to use and play for also I hope bustadice can have a table of their current equivalent of bits.
Too many hassle to implement that however Im not sure If Daniel might already have a plan for this in the future. Meanwhile if you have no bitcoin to play you can always use shapeshift to convert your alts or use exchanger
Bitcoin gambling market is not that huge anymore so there is no point to put altcoin betting in bustadice as it is just a waste of resources but I dont know as Im not the owner of the site. Just stating facts
I agree bustadice has been positive in making response to comments coming from their players especially if they thinks that comment can actuallly improve the current standing of their site. I am also looking for the possibilities of having other coins accepted and can be deposited in bustadice so that people can have more capital to use and play for also I hope bustadice can have a table of their current equivalent of bits.
Will this site allow for any other types of coins to be available to deposit and then withdraw from using that same coin?
What is the withdrawal fee after lightening network is implemented, eventually as you do not have an eta on this like all other sites have encountered the same issues as you have:
Not knowing exactly when it will be out of testnet phase and ready to use.
this time is not yet available. but it seems that if many suggestions for this site accept altcoin it seems they will start thinking to make it happen. because here I see. bustadice gets a positive response from the players so maybe they will give the best for the players What is the withdrawal fee after lightening network is implemented, eventually as you do not have an eta on this like all other sites have encountered the same issues as you have:
Not knowing exactly when it will be out of testnet phase and ready to use.
devans & RHavar,
What are your thoughts on implementing Lightning Network support? I've been using it on the testnet and although I'm not using a wallet interface yet (I'm interacting directly with lnd on top of roasbeef's btcd) I've already fallen in love with it. If you want to test an implementation of it on testnet or mainnet, I'd love to help, just reach out to me here or however else.
What are your thoughts on implementing Lightning Network support? I've been using it on the testnet and although I'm not using a wallet interface yet (I'm interacting directly with lnd on top of roasbeef's btcd) I've already fallen in love with it. If you want to test an implementation of it on testnet or mainnet, I'd love to help, just reach out to me here or however else.
I've been playing with it and am very optimistic.
That statement is good enough for me. The only way to a sustainable "Bitcoin future" is to use all the best available infrastructure that are implemented.
To be quite honest, a part of me wishes that Bitcoin Cash will have a very high increase in usage just for their developers to see that the only way to scale is to use a 2nd layer. Making the blocks bigger and bigger everytime there is demand is not feasible long term.
Will this site allow for any other types of coins to be available to deposit and then withdraw from using that same coin?
What is the withdrawal fee after lightening network is implemented, eventually as you do not have an eta on this like all other sites have encountered the same issues as you have:
Not knowing exactly when it will be out of testnet phase and ready to use.
What is the withdrawal fee after lightening network is implemented, eventually as you do not have an eta on this like all other sites have encountered the same issues as you have:
Not knowing exactly when it will be out of testnet phase and ready to use.
Lightning network nodes are allowed to charge fees to route payments through the network, however they are nothing remotely near current Bitcoin network fees. LN fees are in the single digit satoshis, by my experience on the testnet. This may not be indicative of how it will work on the mainnet but they will be very, very small.
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