Topic: [HAVELOCK] CasinoBitco.in CBTC - page 37. (Read 149382 times)

they are planning on trying to keep them coming at about 5% after the 100 billion

What makes Dogecoin inflationary? i thought it was capped at 100 billion and block reward had already fallen...

Hey guys I was wonderring if you have any plans to introduce Dogecoin into your site.
it seems to be becoming the new altcoin for small transactions and could be a great way to get casinobitco more PR

I know i would play blackjack and hi low way more if i could use dogecoins

inflationary currencies are much easier to gamble with

Excellent update - thanks!

Video Poker is late? The releasedate was supposed to be yesterday.

Thanks for the cogent and timely explanation. 

First, we'd like to thank everyone for the level-headed conversation here, and giving us some time to respond. We're hard at work on the development of our new Video Poker Game, improving the user experience, launching NFL Squares for the Super Bowl (http://www.casinobitco.in/squares/) and continuing down the long road ahead.

Now on to your questions.


---First, while it's rare for a young company like ours to be profitable so soon (< 6 months), we have not been approached by any VC's, and quite candidly we feel our product is only 30% done - so we don't see a buyout likely in the immediate future. Now, to entertain the question - in the case of a buyout or outside investment, we'll have to decide the best course of actions based on the exact scenario. Most likely, units in Havelock would, if possible, continue to be managed by us, or the new owner, or unit holders would receive a buyout denominated in BTC. Much of this will depend on the type of organization we're dealing with, but will work hard to recognize the rights and expectations of our investors in this scenario.
 

---Our plan from the start has been to market to both the bitcoin gambling community, and traditional sports and casino portals ultimately converting new players to bitcoin. However, it's not worth aggressive marketing without the most polished, easily-accessible product - so we are focusing on completing a few development efforts before investing in this area. However, we continue to see growth in our daily activity. Ultimately market share in the bitcoin market will naturally grow organically based on the quality of the product offering. We have many improvements actively in the works, which will help continue to propel CasinoBitco.in up the ranks - and our reputation within the market continues to be solid.


---Today - Unique, provably fair games, not found anywhere else - combined with completely unique sports betting lines, with reliable limits and availability  (we don't use Pinnacle like the vast majority of our peers).  We're also take pride in our excellent customer service & zero payout issues or complains to this point.

In the future, we'll have among the most provably fair casino games, largest progressive payouts, most dynamic sportsbook and exotic sports/event betting options, a strong P2P-based game community (many ideas are in the works to build upon our Survivor and Squares Pools). We will seek to be the most legitimate representative and gaming advocate for the bitcoin community.


---Yes! We conditionally agreed to the terms with this partner and are waiting on a comprehensive code review before we sign the papers, pay the seller, and make it public.  We are moving as quickly as possible but considering the importance of these decisions, as all must understand, we need to do our due-diligence and keep the partner as confidential as possible.  

Hey Folks!

We will be giving a comprehensive update in about 12 hours to the very good comments, suggestions and questions that have come up this past week!

Are there any updates on these negotiations?  I was under the impression that you had to move quickly.  If it's not happening then will you still be retaining shareholder funds?

I'd appreciate it if CasinoBito could comment on the above and how he sees this security under that lens.

I want to know how you plan to market CasinoBitco.in and taking market share?

What is the major benefit of CasinoBitco.in over most gambling sites that exist today?

With all due respect mr e, you're not only worrying about the wrong thing, you're thinking about your investment in the wrong way. If I may:

27 is exactly right, the share price is flat because "Those that want to own this stock do".

Why don't more people want to own it? Much of it has to do with being listed on a virtual exchange that trades in a digital currency. Virtual, BTC-denominated exchanges are small and have a limited number of participants. This is not likely to change as barriers to entry are formidable. Probably the biggest is the currencies' wild fluctuations in value and overall rapid appreciation. But beyond this, "real" investors won't go near virtual exchanges because they're unregulated, foreign, and participation requires conversion from fiat to BTC. So, unless you have a large stash of the dosh already, you're likely to go elsewhere to put your money to work in the BTC economy, and currently there are plenty of those opportunities - 2013 changed everything for BTC. We're not in Kansas anymore......

As CasinoBitco.in continues to improve it's product and gain marketshare it will almost certainly attract venture capital money or an outright buyer. In either scenario, virtual exchange shareholders are, flat out, nothing but a nusance. No one knows what to do with them. You either have to negotiate a buyout (ie satoshidice), legitimize them somehow (ie VirtEx), or just screw them over (so sue me...). This should be your concern.

Meanwhile, think of your investment in CasinoBitco.in as the price of participation and ownership in an exciting start-up; you're an angel investor. It may hit big. You may lose it all. Either way, it's not IBM on the Dow Jones.

A Good solid start to the new year. I like the new look to the web site as well. 

Glad to hear the Australian tennis open is having a positive impact. It would be good to see some more sports added over time such as cricket, rugby, Aussie rules football etc. This should help attract more customers from other parts of the world...

Keep up the good work. 

Most likely because there are nearly 8,000,000 shares on the market. Those that want to own this stock do; there's not a huge rush to buy in right now because of the massive amount of shares on the market.

The profits from the site right now aren't terrible (on a per-share basis), but low to single digit returns (on an annual basis) aren't much. The site is going to have to do a lot more business and generate a lot more profit to really move the share price.

I cannot understand why this stock is staying so flat.

totally agree with uvwvj.

in addition, casino vs sports book - i think sports book may grow better. looking into accept real-time betting or even live feeds odds may add value to the game.

regards to promo - a simple monthly rakeback to give back to punters will be good.

for eg.
total amount bet (month of jan) = 1.0 btc
rakeback rate = 0.001%
total rakeback = 0.001 btc

just my 2 cents...

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Numbers look good. 

Is there anyway we or havelock can verify these numbers? Eg blockchain address? Or other methodology? Thanks.

 "thumbs up" emoticon

Few more questions


1) Will you add slots to the casino? I think that would be really good for profits

2) Is the affilliate program paying off? Any numbers you can share here?

3) Will you run any promotions? Many casinos/books offer deposit bonuses e.tc.

4) The PR-campaign. When will you launch it?

Thanks!

Cheers! Yes, we are still making some updates to the homepage, specifically bringing back authentication. "Peer games" which is our NFL Suicide Pool and Super Bowl Squares (and more games coming after) will be wired up later this evening.