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Topic: <<hashdice.com>>a simple litecoin dice game,play or invest,community friendly (Read 1360 times)

member
Activity: 81
Merit: 1002
It was only the wind.
Bumping this cause it's fun.
newbie
Activity: 24
Merit: 0
lost 10 ltc Sad
You should try your lucky with small amount first
hero member
Activity: 1764
Merit: 570
Twitter\X @AlexKosa1
newbie
Activity: 24
Merit: 0
Now received 1 candidate for Russian translation.
newbie
Activity: 24
Merit: 0
newbie
Activity: 24
Merit: 0
So, I can invest 500 ltc everyday for 60 days and end up with 9% , or invest 500 ltc for 60 days and make 1%  Huh 
So do I have to put in 10LTC every day and after 60 days my percentage grows to 1%?

If I had the choice of having 60 days at 1% or 1 day at 0.15%, I would obviously choose the former since they both cost me 10 LTC to invest.

The 0.15% or the 1% is the traffic share,your interests are from bet traffic,not from the amount you invest.
It's means we cann't promise you any interests util the site is popular,and have a lot of traffic.

Yes why but is the traffic share different if I invest the same amount of LTC?

You'll get more returns if you choose the higher traffic share rate.

That part doesn't make sense to me.

The min. rate for the 1% share should be higher, like 50 LTC.
Higher traffic share rate means longer investment cycle,and longer investment cycle means higher risk to investor.
From our own intention,we want  investment to be  more or longer.
Then you can choose to invest 100 LTC for 1 days at 0.15%, or invest 15 LTC for 60 days at 1%.
 
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
So, I can invest 500 ltc everyday for 60 days and end up with 9% , or invest 500 ltc for 60 days and make 1%  Huh 
So do I have to put in 10LTC every day and after 60 days my percentage grows to 1%?

If I had the choice of having 60 days at 1% or 1 day at 0.15%, I would obviously choose the former since they both cost me 10 LTC to invest.

The 0.15% or the 1% is the traffic share,your interests are from bet traffic,not from the amount you invest.
It's means we cann't promise you any interests util the site is popular,and have a lot of traffic.

Yes why but is the traffic share different if I invest the same amount of LTC?

You'll get more returns if you choose the higher traffic share rate.

That part doesn't make sense to me.

The min. rate for the 1% share should be higher, like 50 LTC.
newbie
Activity: 24
Merit: 0
So, I can invest 500 ltc everyday for 60 days and end up with 9% , or invest 500 ltc for 60 days and make 1%  Huh 
So do I have to put in 10LTC every day and after 60 days my percentage grows to 1%?

If I had the choice of having 60 days at 1% or 1 day at 0.15%, I would obviously choose the former since they both cost me 10 LTC to invest.

The 0.15% or the 1% is the traffic share,your interests are from bet traffic,not from the amount you invest.
It's means we cann't promise you any interests util the site is popular,and have a lot of traffic.
newbie
Activity: 42
Merit: 0
So, I can invest 500 ltc everyday for 60 days and end up with 9% , or invest 500 ltc for 60 days and make 1%  Huh 
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
So do I have to put in 10LTC every day and after 60 days my percentage grows to 1%?

If I had the choice of having 60 days at 1% or 1 day at 0.15%, I would obviously choose the former since they both cost me 10 LTC to invest.
newbie
Activity: 24
Merit: 0
I don't get your investment idea.

It seems to me that the investor will actually be losing a lot of money.
The investment will work as prize pool,the 'profit' is the intrests,not included the amount you invest.
So,investor won't losing money.
Check out tab 'Investment' and 'Funds',you will figure it out.

Alright so your formula works like this:

(Bet amount) * (Traffic Share) * (your investment amount) / (all funds now)

Lets say I invest 15LTC  for 1 day with a traffic share of 0.15%, and that there are 13LTC bet that day (average for your site).

That will be 13*.15*15/50; or only 0.585LTC.

There has to be about 350 LTC bet on one day so I can make 1 LTC back, which is not happening with your site traffic atm.

Also why is the min for all investments 10 LTC? It makes sense for people to choose the longest one with the highest traffic share.


Edit: Ah I see what you mean. Can you add that is the formula for the amount of interest you gain to your site?
Sure,we'll make it more clearer.
As for min investment amount,We'd like more investors to keep site stable and popular,and 10 LTC is a amount mostly people can afford.
The longer you invest,the more stable we are,and we pay you more,it's reasonable.
newbie
Activity: 24
Merit: 0
Also, I dont see where you register, so after you invest, how do you then withdraw?
Your investment with interests will return automatically,after days you chose as 'investment cycle'.
You can also email to us for emergency withdraw.
newbie
Activity: 42
Merit: 0
Also, I dont see where you register, so after you invest, how do you then withdraw?
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I don't get your investment idea.

It seems to me that the investor will actually be losing a lot of money.
The investment will work as prize pool,the 'profit' is the intrests,not included the amount you invest.
So,investor won't losing money.
Check out tab 'Investment' and 'Funds',you will figure it out.

Alright so your formula works like this:

(Bet amount) * (Traffic Share) * (your investment amount) / (all funds now)

Lets say I invest 15LTC  for 1 day with a traffic share of 0.15%, and that there are 13LTC bet that day (average for your site).

That will be 13*.15*15/50; or only 0.585LTC.

There has to be about 350 LTC bet on one day so I can make 1 LTC back, which is not happening with your site traffic atm.

Also why is the min for all investments 10 LTC? It makes sense for people to choose the longest one with the highest traffic share.


Edit: Ah I see what you mean. Can you add that is the formula for the amount of interest you gain to your site?
newbie
Activity: 24
Merit: 0
I don't get your investment idea.

It seems to me that the investor will actually be losing a lot of money.
The investment will work as prize pool,the 'profit' is the intrests,not included the amount you invest.
So,investor won't losing money.
Check out tab 'Investment' and 'Funds',you will figure it out.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I don't get your investment idea.

It seems to me that the investor will actually be losing a lot of money.
newbie
Activity: 24
Merit: 0
It's a simple and provobaly fair dice game website,with some new features.
hashdice.com
Actually,it's the reborn of hashdice.com,the former design of hashdice is funny but may be vulerable.

1.less spam to blockchain.
We usually pay back 0.5% of bet amount as confirmation , but we won't pay back transaction that is less than 0.1 LTC,
instead,we collect  those some changes and donate to The Litecoin  development Team https://forum.litecoin.net/index.php/topic,3874.0.html,
to  thanks to the development of newest version of Litecoin wallet,which has much lower tx fee.
It means than if  you win,you win, if you lose,donn't be sad, you are donating to Litecoin community.
Check out tab 'Misc'  for detail.


 2.play or invest.
1.1% house edge.
Instantly pay back.
join crowedfunding for as low as 10LTC,and gain profit.
Check out tab 'Investment' for detail.


3.Bounty for translations.
We now support English and Chinese,
As we are not native English speaker,we also provide a bounty for revise English translation.
Chinese translations is here hashdice.com/ltcdice/language_zh_cn.txt
3 LTC for English, unmature verstion is here hashdice.com/ltcdice/language_en.txt,NOW received 1 candidate,Closed.
     Paid 3 LTC to aoshea,tx id ca93c8fd4d756b72bcdd5be7e4702b38fcc694741fc4a2538c3f4b4c2ff9e19f
4 LTC for German.NOW received 1 candidate,Closed.
    Paid 4 LTC to Sy, tx id cb93ffc3516e79c40f02b76a1f09065fc8f1368268306360ed2910d72c9b1ae2
4 LTC for Russian.NOW received 1 candidate.Closed.
    Paid 4 LTC to Zhukov,tx id 0219f9a5198c2e962ce1b1de8169d08ecd8b2e7701ee6e4690f08900fe46e2a8
Please send those translations and your litecoin address to  [email protected].


Good luck with the wealth redistribution system.
Go to hashdice.com and have a try.
The thread in forum.litecoin.net is here.
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