★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1687.

sakkosekk

full member

Activity: 224

Merit: 100

Quote from: mikii on January 22, 2014, 09:32:05 AM

Quote from: halinyo on January 22, 2014, 09:15:33 AM

Buy digibyte and hold it. Very soon to explode!

until no serious investors in DGB, and without investment it will not explode. dev team need to look for investors, or it will be another failed coin

As long as the community keeps on being active and Digi becomes more popular it might just explode.

mikii

newbie

Activity: 42

Merit: 0

Quote from: halinyo on January 22, 2014, 09:15:33 AM

Buy digibyte and hold it. Very soon to explode!

until no serious investors in DGB, and without investment it will not explode. dev team need to look for investors, or it will be another failed coin

pickaxe.cc

newbie

Activity: 42

Merit: 0

Quote from: halinyo on January 22, 2014, 09:15:33 AM

Buy digibyte and hold it. Very soon to explode!

+1 value is now VERY underestimated

Gazza1

full member

Activity: 238

Merit: 100

Quote from: halinyo on January 22, 2014, 09:15:33 AM

Buy digibyte and hold it. Very soon to explode!

agreed, big time

halinyo

legendary

Activity: 1106

Merit: 1000

The future is bright with DigiByte.

Buy digibyte and hold it. Very soon to explode!

iikun

legendary

Activity: 1062

Merit: 1003

Quote from: Gunther on January 22, 2014, 08:48:34 AM

Quote from: sammy007 on January 22, 2014, 08:40:00 AM

Quote from: Gunther on January 22, 2014, 08:37:50 AM

Same as you. Vote, spam, support.

What about mining?

Yeah, that too of course. But that isn't supporting, that's just pure greed.

mining=greed is a new one to me. (and probably the entire crypto community)

Gunther

legendary

Activity: 840

Merit: 1000

Quote from: sammy007 on January 22, 2014, 08:40:00 AM

Quote from: Gunther on January 22, 2014, 08:37:50 AM

Same as you. Vote, spam, support.

What about mining?

Yeah, that too of course. But that isn't supporting, that's just pure greed.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: Gunther on January 22, 2014, 08:37:50 AM

Same as you. Vote, spam, support.

What about mining?

Gunther

legendary

Activity: 840

Merit: 1000

Same as you. Vote, spam, support.

sammy007

legendary

Activity: 1904

Merit: 1003

Quote from: Gunther on January 22, 2014, 08:17:17 AM

Any updates on real exchanges? Grin

What have you done to push DGB to exchanges?

Gunther

legendary

Activity: 840

Merit: 1000

Any updates on real exchanges? Grin

Johnster03

newbie

Activity: 28

Merit: 0

Quote from: Zukii on January 22, 2014, 07:53:33 AM

This argument is retarded.

For a start, playing 1 ticket is the same as rolling the dice once with the same odds of winning.
Dice gives you more options and you can repeat bets a lot quicker (instead of waiting for more lottery draws) but the idea is still THE SAME. Just because you *can* continue rolling dice, doesn't mean that the dice game is more rigged than the lottery.

In this example if you took a 1% dice game with 1/150 chance to win (same as the lottery) then the payout would be 150 *0.99 = 148.5x.
For a 4,000 DGB bet this equates to: 594,000 DGB.
EV of this bet is -40 DGB per roll (you lose 40 DGB every time you click)

That's a one off dice spin of 4,000 DGB with 1/150 chance to win (provided that the site has a high enough bankroll).

The chance of winning the lottery on here is 1/150 but the payout is 300,000 DGB (with 2nd and 3rd prizes that total 180,000).
EV of this bet is -800 DGB / ticket.

*edit* - Either way, this isn't the place to discuss how much Digibytes one can lose by gambling.

Thanks zukii for the support and I could not agree more.

zaloultra also forgets that you can buy as many tickets as you want, so let me buy all 150 tickets for 4000 each and I get 3200 per ticket back Wink

I believe his "economics degree "refers to his math classes in middle-school. Probability and EV is not a time related value, it is always per bet.

Zukii

full member

Activity: 131

Merit: 100

This argument is retarded.

For a start, playing 1 ticket is the same as rolling the dice once with the same odds of winning.
Dice gives you more options and you can repeat bets a lot quicker (instead of waiting for more lottery draws) but the idea is still THE SAME. Just because you *can* continue rolling dice, doesn't mean that the dice game is more rigged than the lottery.

In this example if you took a 1% dice game with 1/150 chance to win (same as the lottery) then the payout would be 150 *0.99 = 148.5x.
For a 4,000 DGB bet this equates to: 594,000 DGB.
EV of this bet is -40 DGB per roll (you lose 40 DGB every time you click)

That's a one off dice spin of 4,000 DGB with 1/150 chance to win (provided that the site has a high enough bankroll).

The chance of winning the lottery on here is 1/150 but the payout is 300,000 DGB (with 2nd and 3rd prizes that total 180,000).
EV of this bet is -800 DGB / ticket.

*edit* - Either way, this isn't the place to discuss how much Digibytes one can lose by gambling.

zaloultra

member

Activity: 84

Merit: 10

Quote from: Johnster03 on January 22, 2014, 07:18:26 AM

Quote from: zaloultra on January 22, 2014, 07:06:28 AM

Quote from: Johnster03 on January 22, 2014, 07:00:14 AM

Quote from: zaloultra on January 22, 2014, 06:55:30 AM

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better of playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 1.prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Nobody here is a dice scammer - what everyone is saying here is that you loose less (you do not win either) when you play the dice game on average compared to your lottery game or simply tell me from truin's calculation where he is wrong? Again EV of dicegameis around 0.97, whereas the lottery has an EV of 0.8. Any EV smaller than 1 means that you loose on average.

Please take a few classes on probability calculation before you keep posting.

I have a degree in economics, how do you like that

Anybody playing the dicegame for an hour will lose through their teeth. FACT.

Hm,so obviously you could not tell me what is wrong with truin's calculation so I assume you agree with it.

To make it clear for all your lottery example first:
You will earn 150 (number of tickets) * 4000DGB = 600000DGB
You can win a total of + 300000 + 120000 + 60000 = 480000DGB
Banks profit is 120000DGB or divided by the number of tickets (120000DGB / 150) =
800DGB bank profit / lose for the gambler per ticket of your lottery

Let's assume a dice game with 2% edge
DGB per bet = 4000DGB and 150 draws = 600000DGB total bet to have it similar to your lottery
In 48% of the cases I can double my bet (48% of 150 draws are 72) = 72 * 8000 (doubled bet) = 576000DGB - in the other 78 draws I loose
Bank profit after 150 draws: 24000DGB which makes 28000/150 =
160DGB profit for the bank / lose for the gamer per draw in a dice game

No idea where you got your degree from, but if you are that smart then show me the mistake here.

Your main mistake is a 150 draws, how many times can you click a mouse in one hour, not to mention two hours- it's a hellofalot more than 150 LOL which would send Your losses skyrocketing. But whatever, should we leave it at at, or should we go on for another hour or two Wink

Johnster03

newbie

Activity: 28

Merit: 0

Quote from: zaloultra on January 22, 2014, 07:06:28 AM

Quote from: Johnster03 on January 22, 2014, 07:00:14 AM

Quote from: zaloultra on January 22, 2014, 06:55:30 AM

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better of playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 1.prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Nobody here is a dice scammer - what everyone is saying here is that you loose less (you do not win either) when you play the dice game on average compared to your lottery game or simply tell me from truin's calculation where he is wrong? Again EV of dicegameis around 0.97, whereas the lottery has an EV of 0.8. Any EV smaller than 1 means that you loose on average.

Please take a few classes on probability calculation before you keep posting.

I have a degree in economics, how do you like that

Anybody playing the dicegame for an hour will lose through their teeth. FACT.

Hm,so obviously you could not tell me what is wrong with truin's calculation so I assume you agree with it.

To make it clear for all your lottery example first:
You will earn 150 (number of tickets) * 4000DGB = 600000DGB
You can win a total of + 300000 + 120000 + 60000 = 480000DGB
Banks profit is 120000DGB or divided by the number of tickets (120000DGB / 150) =
800DGB bank profit / lose for the gambler per ticket of your lottery

Let's assume a dice game with 2% edge
DGB per bet = 4000DGB and 150 draws = 600000DGB total bet to have it similar to your lottery
In 48% of the cases I can double my bet (48% of 150 draws are 72) = 72 * 8000 (doubled bet) = 576000DGB - in the other 78 draws I loose
Bank profit after 150 draws: 24000DGB which makes 28000/150 =
160DGB profit for the bank / lose for the gamer per draw in a dice game

No idea where you got your degree from, but if you are that smart then show me the mistake here.

zaloultra

member

Activity: 84

Merit: 10

Alright, let's give it a rest. Deal

truin

newbie

Activity: 8

Merit: 0

Quote from: zaloultra on January 22, 2014, 06:55:30 AM

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better of playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 1.prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Oh dear, once again I'm not affiliated with the dicegame.

Also again, you are calling your competition a scam with no proof of it being a scam. (you have the Burden of Proof)

You are destroying your entrepreneuring effort with your rabid posts.

Does your posts put out a professional image of your service?
Step into your potential customers shoes. Would you trust a service provider who calls competitioners scammers with no proof? Would you trust a service provider who lashes out on potential customers?

zaloultra

member

Activity: 84

Merit: 10

Quote from: Johnster03 on January 22, 2014, 07:00:14 AM

Quote from: zaloultra on January 22, 2014, 06:55:30 AM

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better of playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 1.prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Nobody here is a dice scammer - what everyone is saying here is that you loose less (you do not win either) when you play the dice game on average compared to your lottery game or simply tell me from truin's calculation where he is wrong? Again EV of dicegameis around 0.97, whereas the lottery has an EV of 0.8. Any EV smaller than 1 means that you loose on average.

Please take a few classes on probability calculation before you keep posting.

I have a degree in economics, how do you like that

Anybody playing the dicegame for an hour will lose through their teeth. FACT.

Johnster03

newbie

Activity: 28

Merit: 0

Quote from: zaloultra on January 22, 2014, 06:55:30 AM

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better of playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 1.prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Nobody here is a dice scammer - what everyone is saying here is that you loose less (you do not win either) when you play the dice game on average compared to your lottery game or simply tell me from truin's calculation where he is wrong? Again EV of dicegameis around 0.97, whereas the lottery has an EV of 0.8. Any EV smaller than 1 means that you loose on average.

Please take a few classes on probability calculation before you keep posting.

zaloultra

member

Activity: 84

Merit: 10

Quote from: truin on January 22, 2014, 06:47:45 AM

Quote from: zaloultra on January 22, 2014, 06:41:23 AM

You dicegame people are so full of shit. Why don't you get a real job instead of tricking people out of their funds and only make yourselves Rich. You only think aboyt yourselves you psychopathic highway robbers. Quit your lies and veiled threats you naste scumbags.

Stop and think what kind of an image you give out to your potential customers.

What, telling the truth about your dicescam. I knew there would be hell to pay taking on you dicescammers.
My message is simple. Dont play the dicegame. Its a rigged scam. Your much better off playing the lottery where you may actually WIN.

What's there not to like about that. Do you dicescammers have a 300,000 DGB 1.Prize?? The lottery does. All you dicescammers do is make people broke, all but yourselves.

How are you going to lie your way around that??

Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1687. (Read 3058926 times)