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arallmuus

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Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 03:29:59 PM

Quote from: arallmuus on April 10, 2015, 01:58:08 PM

Quote from: CryptoMrM on April 10, 2015, 01:26:53 PM

Quote from: arallmuus on April 10, 2015, 01:18:43 PM

If you could make it a bit faster it could be better, as some people like the sites which roll faster . Due to the spread in buy and sell of the altcoin the house will gain some profit
Is the profit from the spread will be split with the investor ? or the profit will solely goes to the house?

I'll consider speeding it up. Thanks for the suggestion.

Currently any surplus from the conversion process goes to the house. This is another form of monetisation I had planned, well noticed. Wink

I didn't even consider sharing it with investors. However now you've mentioned it, it may help further encourage new investors, so I will definitely consider it.

well it will be your decision to either split it or keep the profit for the house, anyway I notice something

1. It seems like the message in the chat will keep on dissapearing after I refresh my page?

2. It seems like the max roll is 10k roll or 10k seconds, perhaps you should consider of making unlimited auto roll available

3. I have tried to withdraw 62 doges, and it was automatic withdrawal and no fee deducted from my balance, this is great, but do you applied some fees for bitcoin?

1. The chat box messages are currently set to timeout after a specific time. I agree this is annoying so will change it to a message limit when I get in.

2. I think 10K is an appropriate limit at this time. However since it is a limitation I will look at the possibility of increasing it.

3. Yes I had planned to absorb the cost of transaction fees, however this is still subject to change.

Edit: I am going to sleep now, so any updates/responses will be completed tomorrow. Likewise advertising campaigns for the site will also be launched tomorrow. Goodnight!

and if you are into fixing the chat, it will be good if you are putting timestamp on to it so that people could know wether the chat is still fresh or it have been posted there several hours

To actually increase the limitation is not really necesarry, you can easily code it if someone put in "0" in it, the system will keep on rolling the dice until it is stop, since some people like to leave it keep on rolling while they are away

CryptoMrM

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Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 01:58:08 PM

Quote from: CryptoMrM on April 10, 2015, 01:26:53 PM

Quote from: arallmuus on April 10, 2015, 01:18:43 PM

If you could make it a bit faster it could be better, as some people like the sites which roll faster . Due to the spread in buy and sell of the altcoin the house will gain some profit
Is the profit from the spread will be split with the investor ? or the profit will solely goes to the house?

I'll consider speeding it up. Thanks for the suggestion.

Currently any surplus from the conversion process goes to the house. This is another form of monetisation I had planned, well noticed. Wink

I didn't even consider sharing it with investors. However now you've mentioned it, it may help further encourage new investors, so I will definitely consider it.

well it will be your decision to either split it or keep the profit for the house, anyway I notice something

1. It seems like the message in the chat will keep on dissapearing after I refresh my page?

2. It seems like the max roll is 10k roll or 10k seconds, perhaps you should consider of making unlimited auto roll available

3. I have tried to withdraw 62 doges, and it was automatic withdrawal and no fee deducted from my balance, this is great, but do you applied some fees for bitcoin?

1. The chat box messages are currently set to timeout after a specific time. I agree this is annoying so will change it to a message limit when I get in.

2. I think 10K is an appropriate limit at this time. However since it is a limitation I will look at the possibility of increasing it.

3. Yes I had planned to absorb the cost of transaction fees, however this is still subject to change.

Edit: I am going to sleep now, so any updates/responses will be completed tomorrow. Likewise advertising campaigns for the site will also be launched tomorrow. Goodnight!

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 01:26:53 PM

Quote from: arallmuus on April 10, 2015, 01:18:43 PM

If you could make it a bit faster it could be better, as some people like the sites which roll faster . Due to the spread in buy and sell of the altcoin the house will gain some profit
Is the profit from the spread will be split with the investor ? or the profit will solely goes to the house?

I'll consider speeding it up. Thanks for the suggestion.

Currently any surplus from the conversion process goes to the house. This is another form of monetisation I had planned, well noticed. Wink

I didn't even consider sharing it with investors. However now you've mentioned it, it may help further encourage new investors, so I will definitely consider it.

well it will be your decision to either split it or keep the profit for the house, anyway I notice something

1. It seems like the message in the chat will keep on dissapearing after I refresh my page?

2. It seems like the max roll is 10k roll or 10k seconds, perhaps you should consider of making unlimited auto roll available

3. I have tried to withdraw 62 doges, and it was automatic withdrawal and no fee deducted from my balance, this is great, but do you applied some fees for bitcoin?

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: Nowi on April 10, 2015, 01:32:16 PM

Quote

We expect to add more in the future.

Do you mean only coins which will be new in the future or also coins what we can know now, like a Clams etc.

I mean any available altcoin, new in the future or available now. Clams is one that is high on my list right now.

Nowi

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Activity: 140

Merit: 100

Quote

We expect to add more in the future.

Do you mean only coins which will be new in the future or also coins what we can know now, like a Clams etc.

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 01:18:43 PM

If you could make it a bit faster it could be better, as some people like the sites which roll faster . Due to the spread in buy and sell of the altcoin the house will gain some profit
Is the profit from the spread will be split with the investor ? or the profit will solely goes to the house?

I'll consider speeding it up. Thanks for the suggestion.

Currently any surplus from the conversion process goes to the house. This is another form of monetisation I had planned, well noticed. Wink

I didn't even consider sharing it with investors. However now you've mentioned it, it may help further encourage new investors, so I will definitely consider it.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 01:09:55 PM

Quote from: arallmuus on April 10, 2015, 12:59:05 PM

I see, sorry the chat boards is too small that I need to scroll down to check on it

It seems like you counter the problem which I mention that the sites could be an exchanger instead of dice sites by making a 30 minutes limit after the conversion

There is a slight problem which I got and that will be because I dont know the rate of doge that you are using but I was trying to devert it to doge and got 864 doges for 0.00040029 playcoins and after I tried to convert it back to playcoins, I got 0.00038800 playcoins?

Anyway, apart from that The sites is quite good, although the speed of the roll is abit slow but it could be due to that I have slow connection for now, if anyone with good connection can clarify on this, it will be great

Yeh the 30 minute delay is just to allow the transfer of funds.

That conversion is normal, due to exchange fees and the real-time market spread.

Glad to hear it. All bets are delayed by 500 ms.

If you could make it a bit faster it could be better, as some people like the sites which roll faster . Due to the spread in buy and sell of the altcoin the house will gain some profit
Is the profit from the spread will be split with the investor ? or the profit will solely goes to the house?

amiryaqot

legendary

Activity: 1050

Merit: 1000

Quote from: CryptoMrM on April 10, 2015, 01:09:55 PM

Quote from: arallmuus on April 10, 2015, 12:59:05 PM

I see, sorry the chat boards is too small that I need to scroll down to check on it

It seems like you counter the problem which I mention that the sites could be an exchanger instead of dice sites by making a 30 minutes limit after the conversion

There is a slight problem which I got and that will be because I dont know the rate of doge that you are using but I was trying to devert it to doge and got 864 doges for 0.00040029 playcoins and after I tried to convert it back to playcoins, I got 0.00038800 playcoins?

Anyway, apart from that The sites is quite good, although the speed of the roll is abit slow but it could be due to that I have slow connection for now, if anyone with good connection can clarify on this, it will be great

Yeh the 30 minute delay is just to allow the transfer of funds.

That conversion is normal, due to exchange fees and the real-time market spread.

Glad to hear it. All bets are delayed by 500 ms.

Quote from: trafficolaa on April 10, 2015, 01:00:42 PM

i think your site has problem with SSL connection my antivirus blocked that cause of pishing link, so fix that problem with your SSL connection.

Strange to hear. The domain is very new and the SSL is with a well known host: Rapid SSL.

i think you are using sharing SSL connection that's why some user getting problem with that, on my side i have no issue like that.

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 12:59:05 PM

I see, sorry the chat boards is too small that I need to scroll down to check on it

It seems like you counter the problem which I mention that the sites could be an exchanger instead of dice sites by making a 30 minutes limit after the conversion

There is a slight problem which I got and that will be because I dont know the rate of doge that you are using but I was trying to devert it to doge and got 864 doges for 0.00040029 playcoins and after I tried to convert it back to playcoins, I got 0.00038800 playcoins?

Anyway, apart from that The sites is quite good, although the speed of the roll is abit slow but it could be due to that I have slow connection for now, if anyone with good connection can clarify on this, it will be great

Yeh the 30 minute delay is just to allow the transfer of funds.

That conversion is normal, due to exchange fees and the real-time market spread.

Glad to hear it. All bets are delayed by 500 ms.

Quote from: trafficolaa on April 10, 2015, 01:00:42 PM

i think your site has problem with SSL connection my antivirus blocked that cause of pishing link, so fix that problem with your SSL connection.

Strange to hear. The domain is very new and the SSL is with a well known host: Rapid SSL.

trafficolaa

legendary

Activity: 1008

Merit: 1000

i think your site has problem with SSL connection my antivirus blocked that cause of pishing link, so fix that problem with your SSL connection.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 12:46:51 PM

Quote from: arallmuus on April 10, 2015, 12:44:02 PM

complicated indeed, but this is quite good idea, suppose you are going to be exchanging the altcoin frequently , are you using shapeshift.io for this or regular exchanger market?

Another issue I found, It seems like the chat feature is off? it mention something about crytoboards shoutbox

I'd prefer not to say which exchanger, but I'm sure you can figure it out Wink

The chat should be working. Indeed it works for me anyway. Yes it was just saying that there is an alternative one, I plan to integrate the two at a later date.

I see, sorry the chat boards is too small that I need to scroll down to check on it

It seems like you counter the problem which I mention that the sites could be an exchanger instead of dice sites by making a 30 minutes limit after the conversion

There is a slight problem which I got and that will be because I dont know the rate of doge that you are using but I was trying to devert it to doge and got 864 doges for 0.00040029 playcoins and after I tried to convert it back to playcoins, I got 0.00038800 playcoins?

Anyway, apart from that The sites is quite good, although the speed of the roll is abit slow but it could be due to that I have slow connection for now, if anyone with good connection can clarify on this, it will be great

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 12:44:02 PM

complicated indeed, but this is quite good idea, suppose you are going to be exchanging the altcoin frequently , are you using shapeshift.io for this or regular exchanger market?

Another issue I found, It seems like the chat feature is off? it mention something about crytoboards shoutbox

I'd prefer not to say which exchanger, but I'm sure you can figure it out Wink

The chat should be working. Indeed it works for me anyway. Yes it was just saying that there is an alternative one, I plan to integrate the two at a later date.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 12:31:25 PM

Quote from: arallmuus on April 10, 2015, 12:22:11 PM

Quote from: CryptoMrM on April 10, 2015, 12:14:55 PM

Quote from: arallmuus on April 10, 2015, 12:01:40 PM

Quote from: CryptoMrM on April 10, 2015, 11:39:00 AM

There is a slight benefit to players in that, if the altcoin they are betting with decreased significantly in value whilst betting with it (i.e. Clams is a good example where there is big market volatility) then the value of their winnings is protected.

The biggest advantage in my opinion comes to investors, in that for so long they have had to chose between coin types because they aren't all worth the same. This therefore solves this problem and allows more bets to be placed, which means more profit, in theory.

I think that your explanation is abit off, as what I've read, the playcoins will be 1:1 for bitcoin , so anyway, I dont see the point of converting a bitcoin to playcoins as it will have the same value, it will work for altcoin, but I think the site will have some severe damage in long term, as Your sites will act as a exchanger rather than dice sites

i.e , I depositted 100k doge at the current value and convert them up to playcoins, once the value drops, I convert it back to doge and gain a few doge back ( each 1 satoshi up or 1 satoshi down in doge could make a severe effect if you play it well in huge load )

In short, this will hurt the investor in long term isnt it as we know the volatility of altcoin is huge

Yes that is correct PlayCoins and Bitcoins have the same value. It is required to convert BTC to PlayCoin as otherwise the site wouldn't be universal and the process takes seconds to do. If you were referring to just depositing BTC straight into PlayCoin, this would be possible but it would likely complicate names and the process for users. We also have various security protocols in place which would be hard to enforce without this process.

Yes the site can be used to long or short for investment purposes, although we prohibit this use. However we would not take damage from it. The way the site works is every convert/devert gets exchanged for the real-time btc/altcoin equivalent value, therefore sheltering us from any market movements. Clever eh?

I see, in that case, it would be better that every deposits of BTC get converted automatically into playcoins as it really doesnt matter since the conversion rates is 1:1

It is clever indeed, but actually with this method wouldnt it will prohibit the sites from using an automatic withdrawal since all the altcoins will be converted in BTC in the current market rate?

I have thought about automatically converting BTC and I may add this feature in the future, if there is continued support for it.

Yes and no. The reason being is that we keep a certain amount of altcoins present on the site for instant deverts and withdrawals. If someone deverts over the threshold set 'instant max value', then it logs this transaction, processes it using an API which then sells BTC into the appropriate currency and sends it back to the site, to be withdrawn. Sorry if that was long winded, but that's where it gets complicated. Cheesy

complicated indeed, but this is quite good idea, suppose you are going to be exchanging the altcoin frequently , are you using shapeshift.io for this or regular exchanger market?

Another issue I found, It seems like the chat feature is off? it mention something about crytoboards shoutbox

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 12:22:11 PM

Quote from: CryptoMrM on April 10, 2015, 12:14:55 PM

Quote from: arallmuus on April 10, 2015, 12:01:40 PM

Quote from: CryptoMrM on April 10, 2015, 11:39:00 AM

There is a slight benefit to players in that, if the altcoin they are betting with decreased significantly in value whilst betting with it (i.e. Clams is a good example where there is big market volatility) then the value of their winnings is protected.

The biggest advantage in my opinion comes to investors, in that for so long they have had to chose between coin types because they aren't all worth the same. This therefore solves this problem and allows more bets to be placed, which means more profit, in theory.

I think that your explanation is abit off, as what I've read, the playcoins will be 1:1 for bitcoin , so anyway, I dont see the point of converting a bitcoin to playcoins as it will have the same value, it will work for altcoin, but I think the site will have some severe damage in long term, as Your sites will act as a exchanger rather than dice sites

i.e , I depositted 100k doge at the current value and convert them up to playcoins, once the value drops, I convert it back to doge and gain a few doge back ( each 1 satoshi up or 1 satoshi down in doge could make a severe effect if you play it well in huge load )

In short, this will hurt the investor in long term isnt it as we know the volatility of altcoin is huge

Yes that is correct PlayCoins and Bitcoins have the same value. It is required to convert BTC to PlayCoin as otherwise the site wouldn't be universal and the process takes seconds to do. If you were referring to just depositing BTC straight into PlayCoin, this would be possible but it would likely complicate names and the process for users. We also have various security protocols in place which would be hard to enforce without this process.

Yes the site can be used to long or short for investment purposes, although we prohibit this use. However we would not take damage from it. The way the site works is every convert/devert gets exchanged for the real-time btc/altcoin equivalent value, therefore sheltering us from any market movements. Clever eh?

I see, in that case, it would be better that every deposits of BTC get converted automatically into playcoins as it really doesnt matter since the conversion rates is 1:1

It is clever indeed, but actually with this method wouldnt it will prohibit the sites from using an automatic withdrawal since all the altcoins will be converted in BTC in the current market rate?

I have thought about automatically converting BTC and I may add this feature in the future, if there is continued support for it.

Yes and no. The reason being is that we keep a certain amount of altcoins present on the site for instant deverts and withdrawals. If someone deverts over the threshold set 'instant max value', then it logs this transaction, processes it using an API which then sells BTC into the appropriate currency and sends it back to the site, to be withdrawn. Sorry if that was long winded, but that's where it gets complicated. Cheesy

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 12:14:55 PM

Quote from: arallmuus on April 10, 2015, 12:01:40 PM

Quote from: CryptoMrM on April 10, 2015, 11:39:00 AM

There is a slight benefit to players in that, if the altcoin they are betting with decreased significantly in value whilst betting with it (i.e. Clams is a good example where there is big market volatility) then the value of their winnings is protected.

The biggest advantage in my opinion comes to investors, in that for so long they have had to chose between coin types because they aren't all worth the same. This therefore solves this problem and allows more bets to be placed, which means more profit, in theory.

I think that your explanation is abit off, as what I've read, the playcoins will be 1:1 for bitcoin , so anyway, I dont see the point of converting a bitcoin to playcoins as it will have the same value, it will work for altcoin, but I think the site will have some severe damage in long term, as Your sites will act as a exchanger rather than dice sites

i.e , I depositted 100k doge at the current value and convert them up to playcoins, once the value drops, I convert it back to doge and gain a few doge back ( each 1 satoshi up or 1 satoshi down in doge could make a severe effect if you play it well in huge load )

In short, this will hurt the investor in long term isnt it as we know the volatility of altcoin is huge

Yes that is correct PlayCoins and Bitcoins have the same value. It is required to convert BTC to PlayCoin as otherwise the site wouldn't be universal and the process takes seconds to do. If you were referring to just depositing BTC straight into PlayCoin, this would be possible but it would likely complicate names and the process for users. We also have various security protocols in place which would be hard to enforce without this process.

Yes the site can be used to long or short for investment purposes, although we prohibit this use. However we would not take damage from it. The way the site works is every convert/devert gets exchanged for the real-time btc/altcoin equivalent value, therefore sheltering us from any market movements. Clever eh?

I see, in that case, it would be better that every deposits of BTC get converted automatically into playcoins as it really doesnt matter since the conversion rates is 1:1

It is clever indeed, but actually with this method wouldnt it will prohibit the sites from using an automatic withdrawal since all the altcoins will be converted in BTC in the current market rate?

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: Chemistry1988 on April 10, 2015, 12:04:06 PM

The house edge doesn't seem to be 1% as players have 49.62% to win a x2 bet. Either you have set it wrongly, or you have written your FAQ wrongly.
Also, you have mentioned nothing about the investment commission.

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: arallmuus on April 10, 2015, 12:01:40 PM

Quote from: CryptoMrM on April 10, 2015, 11:39:00 AM

There is a slight benefit to players in that, if the altcoin they are betting with decreased significantly in value whilst betting with it (i.e. Clams is a good example where there is big market volatility) then the value of their winnings is protected.

The biggest advantage in my opinion comes to investors, in that for so long they have had to chose between coin types because they aren't all worth the same. This therefore solves this problem and allows more bets to be placed, which means more profit, in theory.

I think that your explanation is abit off, as what I've read, the playcoins will be 1:1 for bitcoin , so anyway, I dont see the point of converting a bitcoin to playcoins as it will have the same value, it will work for altcoin, but I think the site will have some severe damage in long term, as Your sites will act as a exchanger rather than dice sites

i.e , I depositted 100k doge at the current value and convert them up to playcoins, once the value drops, I convert it back to doge and gain a few doge back ( each 1 satoshi up or 1 satoshi down in doge could make a severe effect if you play it well in huge load )

In short, this will hurt the investor in long term isnt it as we know the volatility of altcoin is huge

Yes that is correct PlayCoins and Bitcoins have the same value. It is required to convert BTC to PlayCoin as otherwise the site wouldn't be universal and the process takes seconds to do. If you were referring to just depositing BTC straight into PlayCoin, this would be possible but it would likely complicate names and the process for users. We also have various security protocols in place which would be hard to enforce without this process.

Yes the site can be used to long or short for investment purposes, although we prohibit this use. However we would not take damage from it. The way the site works is every convert/devert gets exchanged for the real-time btc/altcoin equivalent value, therefore sheltering us from any market movements. Clever eh?

CryptoMrM

hero member

Activity: 722

Merit: 500

Quote from: sukamasoto on April 10, 2015, 11:43:52 AM

As can I see, the interface just look too simple and you just add some feature to make it more crowd since I'm ever seen this interface past month.
Do you accept investment option now or later ?

Anyway ..Good luck for your site

It's a very simple set-up yes. As the site grows I plan to add new features but right now I think the least complicated it is, the better, especially with the new features. It's USP is the way it functions and the service it offers, not so much its design.

Investment is currently accepted and enabled. It can be accessed through the "INVEST/DEVEST" button, to the right of your PlayCoin balance.

Thank you

Quote from: panjul07 on April 10, 2015, 11:56:14 AM

I like the idea of the convert/divert feature in your site, so players can convert bitcoin to playcoin and divert it into other coins (doge/rdd).
Sounds like an exchanger in a gambling site, am I right? But I think its a little bit complicated because we need to convert balance before playing the game.
Is it possible to play without converting balance to playcoin?
I dont see a faucet in your site, is there any promotions/free btc to try your site?

Effectively yes, it could be used for this purpose.

Well as I've explained previously, the FAQ explains every outcome and as such I think may give the wrong impression. Converting to PlayCoins is really as simple as 1. Depositing (which you do on every site) 2. Typing in the amount 3. Pressing the 'Convert' button.

No you cannot deposit straight into you PlayCoins balance. You would deposit into BTC and then Convert 1 for 1 into your PlayCoins balance.

We do have a faucet, however I have disabled it at the moment, as I thought it was being exploited. I will re-activate it soon.

If you PM me your HASH (in the url), I'll add some Bitcoins to your balance. Currently there are no promotional bonuses.

Thanks for the interest!

Chemistry1988

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Activity: 1120

Merit: 1000

The house edge doesn't seem to be 1% as players have 49.62% to win a x2 bet. Either you have set it wrongly, or you have written your FAQ wrongly.
Also, you have mentioned nothing about the investment commission.

arallmuus

legendary

Activity: 2562

Merit: 1414

Quote from: CryptoMrM on April 10, 2015, 11:39:00 AM

There is a slight benefit to players in that, if the altcoin they are betting with decreased significantly in value whilst betting with it (i.e. Clams is a good example where there is big market volatility) then the value of their winnings is protected.

The biggest advantage in my opinion comes to investors, in that for so long they have had to chose between coin types because they aren't all worth the same. This therefore solves this problem and allows more bets to be placed, which means more profit, in theory.

I think that your explanation is abit off, as what I've read, the playcoins will be 1:1 for bitcoin , so anyway, I dont see the point of converting a bitcoin to playcoins as it will have the same value, it will work for altcoin, but I think the site will have some severe damage in long term, as Your sites will act as a exchanger rather than dice sites

i.e , I depositted 100k doge at the current value and convert them up to playcoins, once the value drops, I convert it back to doge and gain a few doge back ( each 1 satoshi up or 1 satoshi down in doge could make a severe effect if you play it well in huge load )

In short, this will hurt the investor in long term isnt it as we know the volatility of altcoin is huge

Topic: Deleted - page 4. (Read 3181 times)