Buy digibyte and hold it. Very soon to explode!
+1 value is now VERY underestimated
Topic: ★★DigiByte|极特币★★[DGB]✔ Core v6.16.5.1 - DigiShield, DigiSpeed, Segwit - page 1687. (Read 3058780 times)
January 22, 2014, 10:24:26 AM
+1 value is now VERY underestimated
January 22, 2014, 10:18:02 AM
Buy digibyte and hold it. Very soon to explode!
agreed, big time
January 22, 2014, 10:15:33 AM
Buy digibyte and hold it. Very soon to explode!
January 22, 2014, 10:10:48 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)
January 22, 2014, 09:48:34 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.
January 22, 2014, 09:40:00 AM
Same as you. Vote, spam, support.
What about mining?
January 22, 2014, 09:37:50 AM
Same as you. Vote, spam, support.
January 22, 2014, 09:33:18 AM
Any updates on real exchanges? 
What have you done to push DGB to exchanges?
January 22, 2014, 09:17:17 AM
Any updates on real exchanges?
January 22, 2014, 09:11:08 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.
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
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.
January 22, 2014, 08:53:33 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.
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.
January 22, 2014, 08:27:42 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.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
January 22, 2014, 08:18:26 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.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.
January 22, 2014, 08:16:01 AM
Alright, let's give it a rest. Deal
January 22, 2014, 08:07:18 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?
January 22, 2014, 08:06:28 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. January 22, 2014, 08:00:14 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.
January 22, 2014, 07:55:30 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??
January 22, 2014, 07:47:45 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.
January 22, 2014, 07:47:11 AM
If anyone has a great idea on to what the best way to do the lottery is please let us know. We ourselves were thinking of a fair & transparent way to do this.
1. Payout at least 95%
2. Only accept tickets from users here in the board that created an account more than 2 weeks ago (otherwise the creator of the lottery could easily set up a new account himself that wins)
3. Let digibyte announce the winner
4. Reveal how the draw will be done to prove randomness
1. Why not make it 101% payout
2. Great - so about 3 people will buy tickets??
3. He is now.
4. Yeah, put it on CNN
Any of those dice games or bet races give me a higher chance to win, so no reason for me and many others to participate. The USDE lottery even paid out more than that.
And I believe that all of my 4 points are valid points, but your replies have shown that you do not want to take them serious and even made fun about it, so my little trust in this is now completely gone.
Maybe, I will start my own lottery where all those 4 points will apply.
I can't see that you even have a single valid point, all I see is that you would like to steal my idea. Please stop trolling, your close to being a Gingermod2.
Those dice games are set up for ALL of you to lose against the "house". They are meant to be played again and again and again in a short period of time and you lose a little almost all the time. If you play that boring dicegame for an hour you will probably have lost 95% of your funds - giving a payout in real termes of 5%. Play the dicegame with 50,000 DGB for an hour and your left with 2,500 DGB, making a loss of 47,500. Any of those dicegames or bet races will make you broke.
Play the DigiByte Lottery on the other hand and you may win up to 300,000 DGB.
Dice games have an house edge of 2-4%, means an 48% that doubles your bet, so the expected outcome is 0.92-0.96DGB for each 1 DGB bet.You are offering a payout of 80%, so the expected outcome is 0.8DGB for each DGB that I bet.
It is simple as that. Neither dice games, nor your lottery makes anyone richer on average, but yours is even worse. truin was so nice to do the above calculation in detail.
By the way, I am not stealing your idea. You are stealing the idea from the USDE board. I wonder why DigiByte even trusts you - would not be surprised if you just keep all the DGB without drawing anything with those kind of respect-less posts in this thread.
As the last couple of pages filled this thread with this pointless and scammy-looking lottery, it damages even the reputation of this coin. And if you take a closer look into my signature, you can be assured that I only want the best for this currency.
The next time I see the Dev around in the IRC, I will encourage him to stop promoting this lottery the way it is. I really see my support for this coin at risk if DigiByte keeps supporting this.
A dicegamescammer would say something like that - spreading more lies and bullshit. Thats what you do isn't it LOL
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