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Topic: [HAVELOCK] CasinoBitco.in CBTC - page 16. (Read 149327 times)

legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
November 19, 2014, 10:43:22 PM

We'd love to get listed back on your site, and we'd also welcome any feedback (directly over PM or e-mail) for any suggestions on how we can better convert your referrals!


Cool! A little busy this week but will be in contact next week for sure Smiley
legendary
Activity: 1833
Merit: 1030
November 19, 2014, 10:23:07 PM
The expenses are definitely high and look to be out-pacing any growth, although I really do love the new look of http://casinobitco.in/ and the top line revenue seems pretty solid still...

The new look could help a lot as at www.coingamblingreviews.com we have sent a lot of traffic to many different gambling sites, and Casino bitcoin was one of the worst converters of our traffic (in my opinion the old landing page was probably the issue or maybe the banner). We only sent a 100 or 200 people (and then moved on) but usually sites convert a high percentage of that, especially from a bitcoin gambling affiliate site. I think we will try again soon though Smiley

We'd love to get listed back on your site, and we'd also welcome any feedback (directly over PM or e-mail) for any suggestions on how we can better convert your referrals!

We are in the midst of many exciting development features, which is why our expenses are high. Outside the 3rd Party Sportsbook expenses, we've been putting nearly all our revenue back into 'bettering' the site as well as marketing and player retention efforts.  This will help our overall position long term.

For example, checkout our new responsive sportsbook which was rolled out for NFL and NHL yesterday ( the rest of the book will be completed this weekend )



Also in our sportsbook we are adjusting our margins to be the most (or near the most) competitive in the industry. We will also have the ability to buy points up and down by December 1! Following those rollouts, we will start an aggressive marketing campaign to 'win back' players who haven't given us a look in a while.

Regarding our Casino, we're still the only Bitcoin Site which provides automated comps to all players weekly. We're undertaking a full redesign of all 5 games to be more consistent, responsive, and have a better 'usability'. This has already been kicked off and is something we're aiming to complete by the end of the year.


legendary
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
November 19, 2014, 09:54:41 PM
The expenses are definitely high and look to be out-pacing any growth, although I really do love the new look of http://casinobitco.in/ and the top line revenue seems pretty solid still...

The new look could help a lot as at www.coingamblingreviews.com we have sent a lot of traffic to many different gambling sites, and Casino bitcoin was one of the worst converters of our traffic (in my opinion the old landing page was probably the issue or maybe the banner). We only sent a 100 or 200 people (and then moved on) but usually sites convert a high percentage of that, especially from a bitcoin gambling affiliate site. I think we will try again soon though Smiley
newbie
Activity: 15
Merit: 0
November 19, 2014, 12:19:17 PM
By end of day tomorrow (or sooner)

Soooooo when is the next update likely to be released?  Huh

Any update?

It was posted on Havelock a few weeks back. Long story short --they're hemorrhaging money. Every report for the past few months have been in the negative which is why you don't see a div.
sr. member
Activity: 448
Merit: 250
November 19, 2014, 09:38:26 AM
By end of day tomorrow (or sooner)

Soooooo when is the next update likely to be released?  Huh

Any update?
legendary
Activity: 1833
Merit: 1030
November 05, 2014, 06:27:34 AM
By end of day tomorrow (or sooner)

Soooooo when is the next update likely to be released?  Huh
newbie
Activity: 42
Merit: 0
November 05, 2014, 05:45:09 AM
Soooooo when is the next update likely to be released?  Huh
newbie
Activity: 42
Merit: 0
October 30, 2014, 04:14:58 AM
Looking forward to the next update. It seems Peerbet 2.0 has been rolled out. The Peerbet page looks much better and seems to work ok, although each page has a plain green background. Something more interesting as a background would be better I think.

I would like to know what's next on the development plan?
legendary
Activity: 930
Merit: 1010
October 22, 2014, 11:53:09 AM
What's the status of Peerbet 2.0?
sr. member
Activity: 968
Merit: 250
October 08, 2014, 04:14:45 PM
u guys should look into anoibets style of live betting, the current live betting is terrible.it makes it look like were amateurs.
sr. member
Activity: 304
Merit: 250
October 08, 2014, 11:36:45 AM
Fair enough, thanks!

Hi!

This is the level of detail that traditional investors see in major markets, for example - take a look at JPM Chase for reference : http://investor.shareholder.com/JPMorganChase/earnings.cfm

Candidly this is far more detail than what's being shared from other publicly traded Bitcoin companies on any exchange (not that is necessarily a great litmus test or bar)

All said - as a sign of good will - I will personally share every receipt for any Havelock unit holder that owns more than 2% of 600,000 units of CBTC - just PM me
for my personal e-mail address and we can work offline.
legendary
Activity: 817
Merit: 1000
October 08, 2014, 10:49:15 AM
You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.

You clearly didn't get what I was saying. Yes, they can ban it. They can make it illegal to use. And the rest of the world won't use something thats illegal. NXT's asset exchange directly challenges multiple US laws that will not be changing anytime soon. Not to mention unlicensed gambling. Maybe decentral will work for the tens of thousands of people that believe in decentralization, but billions of people follow the central organization of CasinoBitco.in

Ya and while they're at it they can make bit torrent and piracy illegal as well. People don't use illegal things. Oh wait...

And the constant decline of the share price of cbtc since it's inceptions seem to tell a very different story.
legendary
Activity: 1036
Merit: 1000
October 08, 2014, 10:40:57 AM
You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.

You clearly didn't get what I was saying. Yes, they can ban it. They can make it illegal to use. And the rest of the world won't use something thats illegal. NXT's asset exchange directly challenges multiple US laws that will not be changing anytime soon. Not to mention unlicensed gambling. Maybe decentral will work for the tens of thousands of people that believe in decentralization, but billions of people follow the central organization of CasinoBitco.in
newbie
Activity: 15
Merit: 0
October 08, 2014, 10:19:44 AM
CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.



Glad to see you guys are picking up momentum. I hope this is a great long term investment Smiley
legendary
Activity: 817
Merit: 1000
October 08, 2014, 08:32:49 AM
You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.

A ban? You can't just ban a decentralized system running autonomous agents. What part of the world do you live in? Decentralized games and exchanges don't care about regulations. And as long as you have bitcoin you can get into any crypto system you wish friction free. So as long as Bitcoin isn't banned these other system will thrive as well.

Anyway I am not looking for an argument here, I am simply stating some risks that we should be aware of as investors in a company. This isn't something to get all emotional about. The future will not care about our emotions or investments.
legendary
Activity: 1036
Merit: 1000
October 08, 2014, 08:29:00 AM
You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?

After all, isn't the whole point of this movement to decentralize everything?

People need to start realizing that decentralization sounds fantastic and all, but really, its not as great as you think. Lots of crypto people are excited about decentralized exchanges / games etc. Outside of crypto, people hate decentral. Goodluck finding people to play on a decentralized platform, invest on a decentral platform etc.

Than your forgetting about regulations regarding gambling and exchanges. Maybe you won't follow them, good for you, goodluck attracting actual investors or gaining new players. We live in a world that likes regulations. Oh, and no one is going to use NXT. The NXT asset exchange pretty much guaranteed it won't ever become big. Thats a nice instant ban if it ever starts to pick up pace, again, most people won't break the law to use a cryptocurrency when they can just use their fiat.


I think CasinoBitco.in's real concerns should be when larger casino's start to accept BTC.
legendary
Activity: 817
Merit: 1000
October 08, 2014, 08:26:27 AM
The goal is to be ready for when BTC goes on S-Curve adoption to get the 99% of the world who is not in Crypto already playing in a casino that uses BTC.  

Yes, and people will play the games that have the smallest house edge, which will get very thin due to the much lower expenses DAC's have to deal with.
legendary
Activity: 817
Merit: 1000
October 08, 2014, 07:56:10 AM
You say that this is to become a highly competitive billion dollar industry... have you given thought to the idea that centralized gambling services may not be competitive in the wake of new decentralized gambling platforms? For instance NEOdice is about to be released which is a fully decentralized dice game that will get its provably fair random numbers from the nxt blockchain. This game will run as a DAC. Jl777's SuperNET platform will also include a full suite of decentralized casino games as well as p2p sportsbetting which will easily be able to take less of a house edge due to the game's ability to run themselves on top of a blockchain as a DAC.

I'm starting to wonder if just taking the old way of doing things and tacking bitcoin on top is not going to be able to compete with services that are actually taking advantage of the true power of the blockchain and decentralized tech to create brand new experiences, more cheaply. After all, isn't the whole point of this movement to decentralize everything?
legendary
Activity: 1833
Merit: 1030
October 08, 2014, 06:05:54 AM
Hi!

This is the level of detail that traditional investors see in major markets, for example - take a look at JPM Chase for reference : http://investor.shareholder.com/JPMorganChase/earnings.cfm

Candidly this is far more detail than what's being shared from other publicly traded Bitcoin companies on any exchange (not that is necessarily a great litmus test or bar)

All said - as a sign of good will - I will personally share every receipt for any Havelock unit holder that owns more than 2% of 600,000 units of CBTC - just PM me for my personal e-mail address and we can work offline.



Thanks!
    Can we see more details abot some rows in table? For example Contractor Development (who, when...), 3rd party bookmarker service etc. Are you planning to release some more detailed report?

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.



sr. member
Activity: 304
Merit: 250
October 08, 2014, 02:41:16 AM
Thanks!
    Can we see more details abot some rows in table? For example Contractor Development (who, when...), 3rd party bookmarker service etc. Are you planning to release some more detailed report?

CasinoBitco.in's September/Q3 2014 Report is posted:

https://www.havelockinvestments.com/reportdownload.php?id=123


Unfortunately, our quarterly net income result was a negative 16.8102 btc for Q3, negating the possibility for a dividend. However, over the next quarter, we expect several expenses to actually decrease, all while continuing to grow at the 10%+ monthly rate we have thus far. We still felt this was a very strong quarter for CasinoBitco.in both development-wise and in terms of building traffic, however, for reasons we highlight in the report. We're very eager to close the year on a positive note!

While Havelock unit holders might be discouraged by the lack of dividend, we want to remind everyone that we are a very young company that’s in a pretty competitive marketplace that will soon become a Billion Dollar industry. We couldn’t be better positioned, as we're the only Bitcoin Casino with Provably Fair games and a full-featured Sportsbook - not to mention Bit777 and our upcoming Peerbet 2.0!

We will continue to focus our skunks-work team into building and enhancing new features across all our properties. We've grown completely organic and have stayed pretty lean throughout inception. In just a few short months, once we feel our product is ready for the masses, we will spend money marketing to the big gambling portals - this will give us incredible lift and exposure to the broader Online Gaming Community.



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