bustadice – Next Generation Dice - page 44.

jpcfan

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Activity: 905

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I miss dooglus

Quote from: arallmuus on January 14, 2018, 04:18:36 PM

Quote from: sofi@ on January 14, 2018, 12:56:25 PM

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

arallmuus

legendary

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Quote from: sofi@ on January 14, 2018, 12:56:25 PM

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

sofi@

full member

Activity: 238

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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.

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: Lionidas on January 08, 2018, 07:48:29 PM

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. Lips sealed

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

Wind_FURY

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Quote from: ?? on ??

Quote from: RGBKey on January 08, 2018, 02:06:48 PM

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.

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.

RGBKey

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rgbkey.github.io/pgp.txt

Quote from: Lionidas on January 08, 2018, 07:48:29 PM

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. Lips sealed

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.

Lionidas

hero member

Activity: 1008

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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. Lips sealed

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Quote from: ?? on ??

Quote from: RGBKey on January 08, 2018, 02:06:48 PM

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.

I've been playing with it and am very optimistic. However, I'm not entirely sure it's stable or safe enough to want to integrate directly yet. However, I was thinking it might make a lot of sense to make lightning support as a 3rd party bot.

e.g. you PM lightning bot, and it gives you an invoice. You pay the invoice, and then lightning bot tips you.

And same thing in reverse for lightning withdrawals. This seems like a really low (and bounded) risk way of testing out lightning for actual production use

I've been thinking about the same thing for another site, but have run into problems about trust. However, since lightning payments are usually small, in addition to the instant nature of the payments, I think I will still attempt it.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: ?? on ??

...

I've been playing with it and am very optimistic. However, I'm not entirely sure it's stable or safe enough to want to integrate directly yet. However, I was thinking it might make a lot of sense to make lightning support as a 3rd party bot.

e.g. you PM lightning bot, and it gives you an invoice. You pay the invoice, and then lightning bot tips you.

And same thing in reverse for lightning withdrawals. This seems like a really low (and bounded) risk way of testing out lightning for actual production use

Interesting idea!

You could introduce a bot like this with tiny deposit and withdrawal limits for the first few weeks. By doing this
you eliminate the risk that people (or the software implementation) mess up and lose non-negligible amounts
of Bitcoin in the process (provided it is possible to actually implement limits with a bot like this).

Anyway, it is good to hear that you are at least thinking about ways to alleviate the issues
that especially small players experience due to the BTC network congestion.

UsernameBitcoin

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CryptoTalk.Org - Get Paid for every Post!

Quote from: RGBKey on January 08, 2018, 02:06:48 PM

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.

More likely than Lightning Network they would start using atomic swaps. These are more feasible, although the option to open a LN channel is also there and makes perfect sense.

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

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.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: ?? on ??

Quote from: Wind_FURY on January 05, 2018, 03:22:07 AM

Thanks for the detailed reply. But what if everyone in the network started using Segwit? Do you believe that would be enough in slashing the unconfirmed transactions down under 10,000?

I strongly doubt segwit will lead to lower fees, just a little more throughput. It's possible when a big service like coinbase switches, there will a bit of a shock resulting in temporary lower fees. But demand will quickly catch up

Ok, then do you believe Bitcoin Cash is on the right direction by making the blocks bigger or do you believe the best solution is now to make the transactions go to a 2nd layer or "off the chain" through the Lightning Network?

jpcfan

hero member

Activity: 905

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I miss dooglus

if you add any coins let me know and i'll play hours everyday.

I refuse to use btc for gambing until they get their shit together

Nov 5th 2017 the start of real high daily fees

BTC Dominance: 61.9%

Jan 7th 2018

BTC Dominance: 33.6%

BTCevo

legendary

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Quote from: MinerHQ on January 03, 2018, 02:11:57 AM

Quote from: BTCevo on January 02, 2018, 11:19:02 PM

Due to the current price, I do not think that they have a problem with a fee, price increase of course fee will. Why people can't accept that fee have related to the price and it is really correspond to each other. So if you or other people want a low fee then you accept that bitcoin price will stay at very low?

I didn't understand what you're trying to say above because people who buy bitcoins now for them the fees are super high to send bitcoins unless you purchased your bitcoins long back then what you said may be applicable. But for the people who are buying now for gambling purpose, it won't make sense to pay such a high fee particularly if someone planning to gamble with around a couple of hundred dollars.

If you say fee should go along with the price then nowadays to send $20 BTC miners asking over $50 fee. Can you explain how this fee is linked to with the bitcoin price?

And why you should only buy $20 instead of $200 or even $2,000 The fee will be the same right? And if you said the purpose of buying this is for gambling then they should have higher chance with higher bankroll so I do not understand many of them are trying to buy some small amount and pay higher fee and complaint about the huge fee

When you looked back on bitcoin price around $3000, how about this fee? Is it not the same as now? Or may be you guys do not even bother just because it is not even worth a penny. Low bitcoin price=low tx fee, high bitcoin price= high tx fee. I believe this is too simple

mostkey

sr. member

Activity: 742

Merit: 253

Quote from: sofi@ on January 02, 2018, 11:07:25 PM

Bustadice is really a good site I've tried playing it last night and I think this will going to be one of my favorite site and even if the price of bitcoin fluctuates bustadice was able to handle it since it has own token to use. I think its a good thing even there is a fee charged by bustadice when withdrawing mt coins still the value is fair enough.

withdrawal fees applied by bustadice we taste fair enough. because bustadice can provide a sense of comfort to players. and so far the bustadice player has not objected to a withdrawal fee

devans

sr. member

Activity: 528

Merit: 368

Quote from: Alalex on January 06, 2018, 10:36:33 AM

Sorry I want to learn how to play I have some btc coin deposit in my bustadice account yesterday I tried to login into bustadice account, I found the password error in my bustadice account ...

What way should I do so I Can go back to my bustadice account , I've tried to follow the help instructions several times, but I also can not login in my bustadice account.

For those who know how to please help ya gan. Now I can not add btc coins to my bustadice account because I am wrong password.

I will continue to try again following the instructions so that I can log back in to my bustadice account.

If you've previously set a recovery email address, you can request a password reset email here. The email you receive will contain a link to a page where you can select a new randomly generated password for your account.

In case you didn't set a recovery email address or need help with anything else, please send me a message using the support system and I'll do my best to help sort it out.

Alalex

member

Activity: 280

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Loading

Sorry I want to learn how to play I have some btc coin deposit in my bustadice account yesterday I tried to login into bustadice account, I found the password error in my bustadice account ...

What way should I do so I Can go back to my bustadice account , I've tried to follow the help instructions several times, but I also can not login in my bustadice account.

For those who know how to please help ya gan. Now I can not add btc coins to my bustadice account because I am wrong password.

I will continue to try again following the instructions so that I can log back in to my bustadice account.

Samarkand

sr. member

Activity: 658

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Quote from: TheQuin on January 05, 2018, 03:49:08 AM

... So my theory is that the market has found the level of transaction fee people are prepared to pay and Segwit adoption will result in more transactions but not lower fees.

I agree that we probably won´t see lower fees even if SegWit adoption increases
substantially. In a way this isn´t even a bad development, because the block reward
is going to become less and less relevant for the miners over time, which increases the importance
of the creation of a competitive fee market.

I would guess that transaction fees will be +50$ per transaction after the next block reward halving
in 2020. Small transactions will hopefully happen on 2nd layer solutions like the Lightning Network by then.

TheQuin

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Quote from: Wind_FURY on January 05, 2018, 03:22:07 AM

Thanks for the detailed reply. But what if everyone in the network started using Segwit? Do you believe that would be enough in slashing the unconfirmed transactions down under 10,000?

A Segwit transaction is weighted ~30-40% less than a non-Segwit transaction dependant on the number of inputs. So if every transaction was a Segwit one then ~30-40% more transactions would be processed. The unpredictable part is demand, how many transactions are sent. That is really limited by the cost, as it gets more expensive more people choose not to send transactions, use another coin or just not do it. So my theory is that the market has found the level of transaction fee people are prepared to pay and Segwit adoption will result in more transactions but not lower fees.

Wind_FURY

legendary

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Thanks for the detailed reply. But what if everyone in the network started using Segwit? Do you believe that would be enough in slashing the unconfirmed transactions down under 10,000?

I am not sure if this is correct but The Hackernoon had a blog that said Segwit blocks would theoretically have 8000 transactions per block. I believe that's enough to keep the mempool in a manageable size over time, including the fact that there are "bad actors" spamming the network.

Topic: bustadice – Next Generation Dice - page 44. (Read 37415 times)