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Topic: bustadice – Dilution fee lowered to 1% - page 48. (Read 37207 times)

hero member
Activity: 1008
Merit: 1012
December 14, 2017, 06:27:21 PM
Awesome site here guys. Backed by RHaver(owner of bustabit). I joined 2 weeks ago and i'm simply killin it. Withdraws are fast n instant as well

https://i.imgur.com/zXkc8B3.png
Wow, congrats on massive 25 BTC profit! saw few of your bets on high rollers tab, you were betting on 100x multiplier, was it for all bets or only few? crazy profit, you're damn lucky.
So the site has 2,600 BTC in it's bankroll, did he just take half of the site's profits?

That is a massive amount of btc to win.

Did they allow him to withdraw within one send or they separate them into multiple ones so to not have to apply a large fee for it to not get stuck on the blockchain?
sr. member
Activity: 528
Merit: 368
December 14, 2017, 12:45:22 PM
Can we see graphs that show how bet volume is trending? Like the graphs that are provided for other sites on dicesites.com.

Here's a quick plot of our cumulative daily wager volume since betting started on Oct 03:

legendary
Activity: 2557
Merit: 1886
December 14, 2017, 10:41:54 AM
Awesome site here guys. Backed by RHaver(owner of bustabit). I joined 2 weeks ago and i'm simply killin it. Withdraws are fast n instant as well

Oh wow! That's almost a half a million dollars you're up! Congratulations!  Grin
legendary
Activity: 1400
Merit: 1009
December 13, 2017, 02:51:39 PM
Awesome site here guys. Backed by RHaver(owner of bustabit). I joined 2 weeks ago and i'm simply killin it. Withdraws are fast n instant as well

https://i.imgur.com/zXkc8B3.png
Wow, congrats on massive 25 BTC profit! saw few of your bets on high rollers tab, you were betting on 100x multiplier, was it for all bets or only few? crazy profit, you're damn lucky.
legendary
Activity: 3626
Merit: 4440
December 13, 2017, 09:25:23 AM
Awesome site here guys. Backed by RHaver(owner of bustabit). I joined 2 weeks ago and i'm simply killin it. Withdraws are fast n instant as well

newbie
Activity: 29
Merit: 6
December 12, 2017, 09:05:03 PM
Can we see graphs that show how bet volume is trending? Like the graphs that are provided for other sites on dicesites.com.
sr. member
Activity: 528
Merit: 368
December 05, 2017, 12:52:17 AM
I am getting an "unknown" error while signing up. Guess I have to hold on my excitement . Hope my wait doesn't lasts long and admin will review my case.

This is probably an issue with the reCAPTCHA, but I haven't been able to confirm that. In case you're willing to help me find the problem, I've sent you a few questions that would help me immensely. Regardless, your report is much appreciated already!

In the meantime, PM me your email address and the name you want and I will create an account for you manually.
legendary
Activity: 3094
Merit: 1468
December 05, 2017, 12:26:34 AM
I am getting an "unknown" error while signing up. Guess I have to hold on my excitement . Hope my wait doesn't lasts long and admin will review my case.

~Avirunes
sr. member
Activity: 528
Merit: 368
December 04, 2017, 04:14:17 PM
The bustadice signature campaign is looking for participants. If you're active on the forums and you want to earn some money, check out its thread!
sr. member
Activity: 528
Merit: 368
November 28, 2017, 01:30:15 PM
All remaining Bitcoin Gold balances on bustadice have been converted and credited in Bitcoin.
legendary
Activity: 2772
Merit: 3282
November 25, 2017, 09:29:07 PM
-snip-
Are you administration of support for bustabit or on their new sister site bustadice?

I have not visited the new site for dice but heard it was doing well.
But now seeing it lost so much in the beginning I guess people migrated from bustabit to there in a hurry.
And now that it is winning all those losses back I would beg to guess they are all going back to bustabit. Smiley

bustadice is not the same as bustabit, and they aren't sister sites. bustadice is owned and created by Daniel (devans), though RHavar has a ownership stake in bustadice, runs the audit server and holds a key to the multisig cold wallet.



As a rule I can only provide account support via the support form in order to protect users' private information. Please send me a message using your bustadice account's email address there and I'll look into it for you ASAP.

Makes sense, thanks for solving my problem. I forgot I put 2FA on Tongue
hero member
Activity: 1008
Merit: 1012
November 25, 2017, 07:39:59 PM
I seem to be unable to login to bustadice. I forgot my password, so I reset it, and after copy and pasting the password given directly, I still can't login and am told that the credential is invalid. I've reset it twice and the same thing happens, and I've also tried typing it in manually but that doesn't work either. I'm sure the info is correct, and I've tried using Firefox 59.0a1 (my normal browser, with a few privacy helping addons) and Microsoft Edge (with just uBlock Origin).

As a rule I can only provide account support via the support form in order to protect users' private information. Please send me a message using your bustadice account's email address there and I'll look into it for you ASAP.
Are you administration of support for bustabit or on their new sister site bustadice?

I have not visited the new site for dice but heard it was doing well.
But now seeing it lost so much in the beginning I guess people migrated from bustabit to there in a hurry.
And now that it is winning all those losses back I would beg to guess they are all going back to bustabit. Smiley
hero member
Activity: 854
Merit: 658
rgbkey.github.io/pgp.txt
November 25, 2017, 05:21:04 PM
will you do so for bitcoin diamond as well? it was hardforked at block 495866

I intend to make all forks that hold sufficient value available to players and investors, but only if it is safe to do so. Right now I'm only monitoring Bitcoin Diamond and haven't decided to claim it. If anything changes I'll be sure to update this thread.

I have a feeling that "Bitcoin forks" are going to be the next ICOs. This is going to be painful for everybody.
sr. member
Activity: 528
Merit: 368
November 25, 2017, 03:40:14 PM
will you do so for bitcoin diamond as well? it was hardforked at block 495866

I intend to make all forks that hold sufficient value available to players and investors, but only if it is safe to do so. Right now I'm only monitoring Bitcoin Diamond and haven't decided to claim it. If anything changes I'll be sure to update this thread.
legendary
Activity: 2562
Merit: 1414
November 25, 2017, 03:17:28 PM
For clarification: bustadice won't support betting with Bitcoin Gold. We're only making BTG balances available to investors and players.

will you do so for bitcoin diamond as well? it was hardforked at block 495866


edit: I seem to have misunderstood the dilution fee. I thought it would be applied if you divest your investment, but it seems to be
applied when you invest. This makes more sense now  Grin

Yes however early investor was quite lucky because the dillution fee was waived for the grand opening IIRC
sr. member
Activity: 528
Merit: 368
November 25, 2017, 03:13:32 PM
For clarification: bustadice won't support betting with Bitcoin Gold. We're only making BTG balances available to investors and players.
legendary
Activity: 1834
Merit: 1008
November 25, 2017, 08:30:51 AM
Do you guys realize that the house was down 75 BTC only a few weeks ago. So not a bad recovery since then I'd say.
One person lost 50 BTC, must be a pain for him.

Yep, thats what made me jumped off the ship. I pulled my investment out because of that. It was a bumpy ride and I have to admit that it is really scary. I was watching my money and I was kinda like saying to myself this is gonna turned out worst but t overcame the obstacle. For those who are not aware this yet, you can withdraw bitcoin gold if you have bitcoin at the time of the fork in bustadice

I thought that only yolodice have applied btg here but still there is some site that applied btg too as well, btw is they bet on btc? So how is that correspond to the btg as well? Does not make any sense, someone lose 50btc that means you are on profit right? So why do you pulled out your balance there?
sr. member
Activity: 351
Merit: 250
November 24, 2017, 01:13:20 PM
Is there any way to see the volume that the site is doing? Would be helpful for investors / potential investors
You can see the statistics in the bottom of the site. It shows you exactely how much have been wagered so far, and how much profit the investors have made so far.

Joseph is exactly correct. To make it easier for you here is what you are looking for.

https://bustadice.com/statistics



Completely missed that before, thanks!
sr. member
Activity: 658
Merit: 282
November 24, 2017, 10:36:04 AM
Could you clarify how exactly the dilution fee for investments works?

Quote
To encourage long-term investments, a stable bankroll size and to reward earlier investors, there is a dilution fee of 10 % on all investments. This fee is split proportionally among all bankroll investors, including the new investor.

Is the dilution fee also applied when I made a loss on my investment? E.g. I invest for 30 days and the players are lucky in this time frame. I choose
to cancel my investment and divest it. Do I have to pay the 10 % dilution fee in this hypothetical scenario?

Is there any way to get around this dilution fee (e.g. transfer my investment to another Bustadice user)?

 
edit: I seem to have misunderstood the dilution fee. I thought it would be applied if you divest your investment, but it seems to be
applied when you invest. This makes more sense now  Grin
hero member
Activity: 966
Merit: 535
November 24, 2017, 09:58:19 AM
Do you guys realize that the house was down 75 BTC only a few weeks ago. So not a bad recovery since then I'd say.
One person lost 50 BTC, must be a pain for him.

Yep, thats what made me jumped off the ship. I pulled my investment out because of that. It was a bumpy ride and I have to admit that it is really scary. I was watching my money and I was kinda like saying to myself this is gonna turned out worst but t overcame the obstacle. For those who are not aware this yet, you can withdraw bitcoin gold if you have bitcoin at the time of the fork in bustadice

Oh bustadice also does btg I though Yolodice was the only one.  Hi w much money did you lose? If you not happy you can soways try invest in Yolodice for constant profits. You can see the graph since they were in business they have doubled their investment since the beginning of this year so you might be interested just take a look Yolodice is very thorough and fully explain how the investment works plus you can always speak to the owner who is constantly active on the forums.
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