Topic: ChipMixer.com betting is now provably fair (Read 1997 times)
If I am not wrong, ChipMixer.com betting has long been shut down. I could not get any reference of betting on their website. This thread should rather be locked.
YO I have been trying to reach you about stuck coins and you have responded but I saw that you went and moved the coins today so WTF is that turning out to be a scam or what?
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
Well? ChipMixer, has this guy's problem been solved?
I guess it is already solved as he posted the issue more than a year ago, perhaps he forgot to update when it was solved. Otherwise, he will comeback to this thread to post follow up message if his issue is not solved yet.
I advise you to record a video about your project, there are no videos with instructions on YouTube. There are several, but the links in their descriptions lead to scam sites. 
I believe there is a clear instruction on the main website, so I do not think youtube video is needed just for the instruction.
I advise you to record a video about your project, there are no videos with instructions on YouTube. There are several, but the links in their descriptions lead to scam sites.
YO I have been trying to reach you about stuck coins and you have responded but I saw that you went and moved the coins today so WTF is that turning out to be a scam or what?
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
Well? ChipMixer, has this guy's problem been solved?
YO I have been trying to reach you about stuck coins and you have responded but I saw that you went and moved the coins today so WTF is that turning out to be a scam or what?
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
get back to me [email protected] with in the next day or Im gonna start leave scam reports on all the forums
https://bitcointalksearch.org/topic/ann-chipmixercom-bitcoin-mixer-bitcoin-tumbler-mixing-reinvented-1935098
Seems to be a scam or buggy at the moment!
Please check the thread: https://bitcointalksearch.org/topic/m.20612924 Seems to be a scam or buggy at the moment!
https://bitcointalksearch.org/topic/ann-chipmixercom-bitcoin-mixer-bitcoin-tumbler-mixing-reinvented-1935098
Seems to be a scam or buggy at the moment!
Seems to be a scam or buggy at the moment!
I read through this thread and in general everyone seems to be quite impressed by this mix (no pun intended) of mixing coins and gambling.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
You are talking about the wrong mixer. ChipMixer doesn't require you to pay any fees, and you can get multiple chips of Bitcoin without paying an additional fee.
Gambling isn't there for hardcore gamblers to play a lot with, but rather for people that might be mixing coins and want to try to throw people trying to track their Bitcoin off by ending with more BTC than they deposited.
He's talking about the house edge not the fee
There is no fee for mixing on ChipMixer but it's expected of you to donate a small amount or gamble a small amount
After all, you are using a free service, you should give them some reward for providing the service
did anybody try this service so much scammers out there and need a food mixer since bitmixer.io close the doors
They had a giveaway thread for testing purposes where they gave out 0.01-0.02BTC to 10 people to test the website out (in vouchers)
Withdrawals were sucessful
did anybody try this service so much scammers out there and need a food mixer since bitmixer.io close the doors
Email is not very private. Unless you opt for some encryption however that will only complicate things.
Don't think they will add this feature.
This is true, it's not very private, but also you would need to give your e-mail address to ChipMixer every time you use it.Don't think they will add this feature.
With our Electrum plugin, when you deposit, the deposit description contains recovery address. You could do that with every wallet.
Is investment also open to this website? I mean like other gambling sites?
We do not seek an investment. Current "bankroll" is enough.
Mixing and Gambling. That's new.
Maybe I was too fond of the other mixer that I thought this wont happen.
Well it did. Congratulations to this new feature of Chipmixer and I hope it goes.
I will try to visit the site later.
Is investment also open to this website? I mean like other gambling sites?
Maybe I was too fond of the other mixer that I thought this wont happen.
Well it did. Congratulations to this new feature of Chipmixer and I hope it goes.
I will try to visit the site later.
Is investment also open to this website? I mean like other gambling sites?
Slightly off topic. But it also goes into why I think their house-edge is totally reasonable:
When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
Thanks RHavar for this detail analysis , I haven't thought in this way. Chipmixer is providing mixing service for free and if they keep on losing with their betting option than we might actually loss a pretty unique mixing service which is really useful and easy to use. When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
I have donated few mBtc before there and would like to request others to do same so that we can have them alive for longer time.
Chipmixer, can you add one small feature to send session details to email we like? This can help us to easily track back our mixing process, some browser might loss session details after few hours.
I am pretty sure they won't be emailing you the session details. Maybe as an option however most people wouldn't opt to use that option for many reasons.
For one, you use a mixing service to remain anonymous, why would you want your details sent over by email.
Email is not very private. Unless you opt for some encryption however that will only complicate things.
Don't think they will add this feature.
Slightly off topic. But it also goes into why I think their house-edge is totally reasonable:
When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
Thanks RHavar for this detail analysis , I haven't thought in this way. Chipmixer is providing mixing service for free and if they keep on losing with their betting option than we might actually loss a pretty unique mixing service which is really useful and easy to use. When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
I have donated few mBtc before there and would like to request others to do same so that we can have them alive for longer time.
Chipmixer, can you add one small feature to send session details to email we like? This can help us to easily track back our mixing process, some browser might loss session details after few hours.
You can email the link to yourself if you really want to. Not much point to doing that though, as if you used a non encrypted email service like Gmail, they can easily know you used the mixer. It's better to save the link on your computer locally if you have to, or write it down.
Slightly off topic. But it also goes into why I think their house-edge is totally reasonable:
When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
Thanks RHavar for this detail analysis , I haven't thought in this way. Chipmixer is providing mixing service for free and if they keep on losing with their betting option than we might actually loss a pretty unique mixing service which is really useful and easy to use. When someone goes to a casino, their intention is to gamble. If they win, they'll probably just gamble more. That's why I don't think from a business perspective an online casino will see a huge difference in revenue between having a 0.2% house edge and a 1% house edge (other than you can't offer as big limits sanely) as I suspect on a 0.2% edge site (e.g. like bustabit's historical average) people will tend to gamble ~5x as much as a 1% edge site (as people tend to be loss constrained).
But a site like chipmixer, I think the draw is clearly for privacy/mixing and gambling is just an add-on to improve that. So I suspect there's not going to be much turnover of the same money (if you win, you'll probably just withdraw immediately), so to sanely be able to offer it -- it makes sense to have a higher house edge.
For reference, for every 1 BTC someone's deposited at bustabit they've on averaged turned it over 18.78 times and then left with 0.96 BTC. Without such a high turn over, there's no real way I could really be paying the bills with such a low edge.
Anyway, I think what chipmixer is doing is pretty cool. I really like their idea of giving you a private key (instead of sending you money) so you can spend link it with your wallet and throw off any analytics. It's all pretty neat
I have donated few mBtc before there and would like to request others to do same so that we can have them alive for longer time.
Chipmixer, can you add one small feature to send session details to email we like? This can help us to easily track back our mixing process, some browser might loss session details after few hours.
New features added and looks like the betting one is interesting i thought that this is only for mixing but you added a gambling style mixing..
Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
hard to give a shot on this since i usually use a mobile version.Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
and the site has terrible mobile version , it is not fit on my android smartphone , everything just looks messed up
.and sometimes there's a captcha that i cannot even read it and fill anything there because of it was covered . so i am not sure what feature it is
The added feature is interesting i just curious let see if someone test it and give some feedback .. i never heard a mixer that there is gambling feature.
Chipmixer is always making unique mixing and the good thing there you can only just donate you don't need to pay for a fee..
New features added and looks like the betting one is interesting i thought that this is only for mixing but you added a gambling style mixing..
Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
hard to give a shot on this since i usually use a mobile version.Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
and the site has terrible mobile version , it is not fit on my android smartphone , everything just looks messed up
.and sometimes there's a captcha that i cannot even read it and fill anything there because of it was covered . so i am not sure what feature it is
I read through this thread and in general everyone seems to be quite impressed by this mix (no pun intended) of mixing coins and gambling.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
You are talking about the wrong mixer. ChipMixer doesn't require you to pay any fees, and you can get multiple chips of Bitcoin without paying an additional fee.
Gambling isn't there for hardcore gamblers to play a lot with, but rather for people that might be mixing coins and want to try to throw people trying to track their Bitcoin off by ending with more BTC than they deposited.
I read through this thread and in general everyone seems to be quite impressed by this mix (no pun intended) of mixing coins and gambling.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
But have anyone actually tested this gambling while mixing thing and can share the first-hand opinion about this service? Worth or not?
3% House Edge seems kinda high considered that standard minimum mixing fee is 0.5% plus 0.0005 for every forward address.
New features added and looks like the betting one is interesting i thought that this is only for mixing but you added a gambling style mixing..
Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
Well i think it is good idea and more people will be interested about a new feature since many of bitcoin users are always want to gamble to double their bitcoins..
Since today all of our bets are now provably fair with a chance of doubling your chip equals 15 out of 32 (which is around 47%).
Does this mean house edge is more than 5% 
If yes than that is really huge and I don't think any wise guy will bet on your platform. I don't think gambling and mixing mix well however I have to say what you have developed is awesome and quite unique and easy to use mixing service. In the future if there is enough interest then will probably lower the house edge, they are probably keeping it high because they want their main mode of business to be the mixing service and not people just betting on dice.
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