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Topic: Dice Investing - page 3. (Read 3943 times)

sr. member
Activity: 406
Merit: 250
October 28, 2015, 04:36:57 PM
#78
justdice is the best dice for investing in my opinion as they most likely not to turn to a scam and steal all your money though it is just my opinion
legendary
Activity: 3808
Merit: 1723
October 28, 2015, 03:59:53 PM
#77
I strongly advise against investing in a gambling site.  It depends on how many coins you have but personally anything could happen, it is a slightly better way to gamble your coins this way then any other. 

Its actually pretty safe. And in the long run you can make a decent income. Much better than the interest you earn by holding your BTC at Bitfinex for swap. But you need to choose a website that's not a scam and shows a public balance wallet.
hero member
Activity: 784
Merit: 1000
October 28, 2015, 02:07:20 PM
#76
I strongly advise against investing in a gambling site.  It depends on how many coins you have but personally anything could happen, it is a slightly better way to gamble your coins this way then any other. 
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
October 28, 2015, 01:23:43 PM
#75
Where do you think is the best place to invest in dice website? Into new and unknown website with small bankroll or in trusted but with huge bankroll website?

Well there is always the risk of a scam so I think the trusted website would be the better approach. But I do see the appealing in using a small bank in a new website, since they will probably try to increase their player base with very good and aggressive promotions that could be very rewarding.
legendary
Activity: 1988
Merit: 1317
Get your game girl
October 28, 2015, 01:06:25 PM
#74
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.

Clam is the most held coin in crypt-currency history. Fairly distributed.
Like this many people now a days prefer alt coins to make dice gaming or any other gambling just not willing to risk their bitcoin. This will not letting out bitcoin from gambling industry.

Do you mean Clam has most users? I thought bitcoin or Doge, litecoin have more users. Do you think the site owner have some connections to the Clam community?


Comparatively altcoins or bitcoins have more users to my knowledge but never knew Clam has more users until i discovered this post.This changes the entire investing scene for everybody then .Because most of the people believe investing in altcoins is most profitable at the moment but Clam? I need to rethink my strategies.
full member
Activity: 168
Merit: 100
October 28, 2015, 12:17:37 PM
#73
It is not easy to manage dice website, you need to pay for design, hosting, security, advertising and more...
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 28, 2015, 10:46:14 AM
#72
Why not make your own dice site hire a person to do a site for you i think its better a choice if you have a decent amount of bitcoin rather than ivesting into other dice site.
Making a dice site is not as easy as you think. The user would need to create a custom back and front end with great features to attract users. It isn't easy to manage the advertising and the support of the dice site either. As a start, you need to have at least 1000 BTC for people to be interested to try out your dice site. You're responsible to take care of the security management too.
legendary
Activity: 2058
Merit: 1015
October 28, 2015, 10:25:12 AM
#71
Why not make your own dice site hire a person to do a site for you i think its better a choice if you have a decent amount of bitcoin rather than ivesting into other dice site.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 28, 2015, 09:01:48 AM
#70
Why primedice not open a place for investment?
I am sure a lot of people will invest on them
Stunna did not feel comfortable with people investing in them and their bankroll is great enough. They probably can't bear the responsibility of investments.

where I can see the list of gambling sites, where can I invest on there
i need review about it ?
Dicesites.com is a good one, providing a comprehensive overview of the stats.
hero member
Activity: 658
Merit: 500
October 28, 2015, 08:52:08 AM
#69

where I can see the list of gambling sites, where can I invest on there
i need review about it ?
sr. member
Activity: 294
Merit: 250
October 28, 2015, 08:50:12 AM
#68
Why primedice not open a place for investment?
I am sure a lot of people will invest on them
full member
Activity: 168
Merit: 100
October 28, 2015, 07:49:04 AM
#67
I have never heard of CLAMS before I got familiar with JD, but I don't use them.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 28, 2015, 05:01:31 AM
#66
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.

Clam is the most held coin in crypt-currency history. Fairly distributed.
Like this many people now a days prefer alt coins to make dice gaming or any other gambling just not willing to risk their bitcoin. This will not letting out bitcoin from gambling industry.

Do you mean Clam has most users? I thought bitcoin or Doge, litecoin have more users. Do you think the site owner have some connections to the Clam community?

Doolgus has previously addressed his intentions.
I think the whole point of adding CLAM was that it is almost free, and they wanted to use testnet coins.
Still waiting on dooglus to comment on the launch, and about any future plans.

You got it. The site has been sitting idle for long enough. Almost everyone got their BTC back already, so it's time to move on. I don't want to see people winning and losing fortunes, so this should keep things more sensible.

With CLAM I'll also feel more comfortable adding experimental features. Switching from BTC to CLAM should take some of the pressure off me.
The main reason for closure of Bitcoin version of JD was the regulations implemented.
hero member
Activity: 896
Merit: 1000
October 28, 2015, 04:48:42 AM
#65
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.

Clam is the most held coin in crypt-currency history. Fairly distributed.
Like this many people now a days prefer alt coins to make dice gaming or any other gambling just not willing to risk their bitcoin. This will not letting out bitcoin from gambling industry.

Do you mean Clam has most users? I thought bitcoin or Doge, litecoin have more users. Do you think the site owner have some connections to the Clam community?
legendary
Activity: 1554
Merit: 1054
October 27, 2015, 01:26:32 PM
#64
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.

Clam is the most held coin in crypt-currency history. Fairly distributed.
Like this many people now a days prefer alt coins to make dice gaming or any other gambling just not willing to risk their bitcoin. This will not letting out bitcoin from gambling industry.
hero member
Activity: 896
Merit: 1000
October 27, 2015, 11:43:37 AM
#63
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.
AFAIK, justdice was closed due to the fear of regulations on the casino. Clams is an altcoin and is hard to convert to cash hence they used it. Even though they control a huge portion of the available coin, the system distributes the staked coin among the investors and justdice do not directly get profit from it.

Regarding the very last past, it is not really true. From the FAQs (https://just-dice.com/#a27), 10% commission is charged on staking rewards before they are shared out.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 27, 2015, 06:45:02 AM
#62
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.
AFAIK, justdice was closed due to the fear of regulations on the casino. Clams is an altcoin and is hard to convert to cash hence they used it. Even though they control a huge portion of the available coin, the system distributes the staked coin among the investors and justdice do not directly get profit from it.
sr. member
Activity: 462
Merit: 250
October 27, 2015, 06:42:11 AM
#61
I think justdice, as it is a long-standing gambling website. The only problem is that they use an alt-coin called "clams". These are sometimes considered scam-coins as a few people own the majority of these.

Why do not they use other coins? One reason could be that they are supporter of Clam and Clam is a PoS coin. When user deposit Clams there, Justdice will earn interest with the coins.
legendary
Activity: 1540
Merit: 1013
October 27, 2015, 06:00:14 AM
#60
investing in dice should lead to profit in the long term , but as people said the returns will depend on how much u invest and how much the dice site already have as a bankroll
for me I have never invested , maybe cause I feel that I have to risk a big amount in order to make some good money

You dont even need to invest a big amount. Invest some of what you have because it is a profit in a long run and almost always be. Im not sure why people are avoiding clear profit like that even if it is just a small profit or even just some satoshi but profit is still a profit
Investment in a dice site would be a long term one, over a span of years to have a definite profit. You would not be able to use your funds if you want to invest them and there is a present risk of the dice site's owner running away.

You can always use your funds because you can divest them anytime. Of course everything has a risk even if you hold btc forever then that is a risk already because the price can go down alot but people trust btc will go up , the same as people trust the gambling site operator to hold their funds
Sure you can but profit is not guaranteed this way. Many investments require users to keep it with them in order to profit, no exceptions with gambling sites. If a whale happens to win lots of BTC, you would lose some in your investments. If you're to divest, there can be a whale that would come and lose lots of BTC, reducing your profit and chances of gaining back those losses.

It is the same as the opposite to waht you write as well, If a whale lost a lot instantly then you will get profit. You will be able to divest your investment plus the profit that you get from your investment. Everything is risky but with investing you are always in profit for a long term
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
October 27, 2015, 05:32:22 AM
#59
investing in dice should lead to profit in the long term , but as people said the returns will depend on how much u invest and how much the dice site already have as a bankroll
for me I have never invested , maybe cause I feel that I have to risk a big amount in order to make some good money

You dont even need to invest a big amount. Invest some of what you have because it is a profit in a long run and almost always be. Im not sure why people are avoiding clear profit like that even if it is just a small profit or even just some satoshi but profit is still a profit
Investment in a dice site would be a long term one, over a span of years to have a definite profit. You would not be able to use your funds if you want to invest them and there is a present risk of the dice site's owner running away.

You can always use your funds because you can divest them anytime. Of course everything has a risk even if you hold btc forever then that is a risk already because the price can go down alot but people trust btc will go up , the same as people trust the gambling site operator to hold their funds
Sure you can but profit is not guaranteed this way. Many investments require users to keep it with them in order to profit, no exceptions with gambling sites. If a whale happens to win lots of BTC, you would lose some in your investments. If you're to divest, there can be a whale that would come and lose lots of BTC, reducing your profit and chances of gaining back those losses.
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