⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️ - page 146.

minorman

legendary

Activity: 945

Merit: 1003

Quote from: silvestar on July 22, 2017, 04:51:47 AM

I buy 30.000 tokens on the first day when Edgeless entered ttrex. I sold it twice as much as the price. I am very sad. It was disappointing.

Even I did the same mistake when I sold it for around 6000 sat thinking to get quick profit and in the sense buy back later when the price goes down.But that did not happen.Let's wait if we still can get cheap EDG in the coming months.

HermanTheGerman

full member

Activity: 308

Merit: 100

Fortes fortuna adiuvat

Quote from: trumpc2016 on July 22, 2017, 03:52:57 AM

Quote from: jacaf01 on July 22, 2017, 01:04:59 AM

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

I had a private chat with co-founder Tomas. So things are very good:

1. They have enough funds in different coins to run project, only thing what was impacted by this hack is bankroll.

2. Before they run out of money their 50 millions will be unfrozen and this is worst case, though they don't want use that money and will do everything to not touch it for next couple years.

So guys, it looks like these people will win that rat race. As I stated before, challenges like these are good for business when it's just starting because it can direct it to right path.

Attracting of ETH community is much easier than EDG. Though it's much better to start with hard things than easy because after that will come big growth. Plus investors will be happy as fuck when EDG will get to $10. It can happen even before Christmas. Wink

I wonder how it will affect the price if 50 millions should actually be unfrozen

HermanTheGerman

full member

Activity: 308

Merit: 100

Fortes fortuna adiuvat

Quote from: Convery on July 22, 2017, 05:09:23 AM

ETA on the launch of the platform ?

Q3

Convery

sr. member

Activity: 966

Merit: 254

ETA on the launch of the platform ?

voteformeg

legendary

Activity: 1932

Merit: 1005

+1 , what doesn't kill you only makes you stronger , i believe EDG has a great future and even with a 2/3 $ price i am happy

silvestar

legendary

Activity: 1134

Merit: 1002

I buy 30.000 tokens on the first day when Edgeless entered ttrex. I sold it twice as much as the price. I am very sad. It was disappointing.

trumpc2016

sr. member

Activity: 695

Merit: 255

Quote from: jacaf01 on July 22, 2017, 01:04:59 AM

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

I had a private chat with co-founder Tomas. So things are very good:

1. They have enough funds in different coins to run project, only thing what was impacted by this hack is bankroll.

2. Before they run out of money their 50 millions will be unfrozen and this is worst case, though they don't want use that money and will do everything to not touch it for next couple years.

So guys, it looks like these people will win that rat race. As I stated before, challenges like these are good for business when it's just starting because it can direct it to right path.

Attracting of ETH community is much easier than EDG. Though it's much better to start with hard things than easy because after that will come big growth. Plus investors will be happy as fuck when EDG will get to $10. It can happen even before Christmas. Wink

Uhde

full member

Activity: 616

Merit: 124

It is very good that the price of edg was not affected so much because of stolen ethereum tokens.
And it is a good new that casino is starting to use edg only. It is going to affect on price as well.

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

gnurta

member

Activity: 76

Merit: 10

https://www.reddit.com/r/ethereum/comments/6obf5w/proposal_for_all_projects_that_saw_their_funds/

Waiting for some good news.

BaNgTHai

full member

Activity: 166

Merit: 100

the minimum bet is .1 ETH. Thats a big min bet in USD? Huh

How do other people feel about this? I feel like there should be some way to change min with price.

voteformeg

legendary

Activity: 1932

Merit: 1005

maybe when sportsbetting kicks in it can take a free run , lots of money involved

denam

sr. member

Activity: 896

Merit: 251

Also I saw new update regarding usage of EDG as token to place bets on the platform of Edgeless casino. It is too early to say anything what players will say but need to dig more about the full length statement and more information about the plan. How team is going to make it attractive and valuable that everyone would be willing to use it.

josefelix

sr. member

Activity: 532

Merit: 250

INDEPENDENT WEALTH MANAGEMENT

the best casino i would say , dont have any edge , but if i have to compare EDGE project to other , edge is the most serius project never seen so far!

minorman

legendary

Activity: 945

Merit: 1003

Quote from: gnurta on July 21, 2017, 10:51:07 AM

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

That looks way too long to go, I was expecting an official statement from OP regarding the hack and how are they going to proceed with the remaining funds and what would be their next roadmap?

Have they provided any update on slack for this?

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: toygg on July 21, 2017, 10:35:42 AM

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

If thay win thay can participate in lottery,look how edg is stable btc price is rasing edg is 50 cents all the time

gnurta

member

Activity: 76

Merit: 10

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

toygg

sr. member

Activity: 306

Merit: 250

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

Bigbobbasher

full member

Activity: 238

Merit: 101

Crypto connoisseur.

Someone had mentioned this on slack: why did devs not have their remaining eth in a hardware wallet rather than parity?

muleroaa

hero member

Activity: 924

Merit: 526

GIF by SOCIFI

I'm amazed at the team's positive attitude towards this whole thing. It's a good thing that ETH has risen so much since the crowdfund.

I'm wondering, the fact that EDG will be used now for placing bets instead of ETH, isn't that a good thing either way? It creates more buying pressure? Wouldn't this have been better to have done in the first place anyway?

Might still be good to eventually have ETH added too though, just to gain a broader audience of users I guess.

Topic: ⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️ - page 146. (Read 391227 times)