Just-Dice.com : now with added CLAMs : Play or Invest - page 64.

picolo

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Quote from: caga on December 23, 2014, 08:57:05 AM

Quote from: picolo on December 23, 2014, 08:47:36 AM

Quote from: enryk on December 23, 2014, 08:15:54 AM

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

Its actually bullish for the price. But dont know, Might be good. Just like when JD started accepting CLAM , prices went up.
So it wouldnt necessarily mean that prices will go down.

If the demand is stable and the supply goes up the price will go down.

Quote from: uvwvj on December 23, 2014, 09:35:00 AM

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

If the price of CLAM, amount of CLAM wagered, luck stay the same it would mean the investors would get 520k CLAM (-10%) so a 140% profit. Hum Hum

ranlo

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Quote from: hopenotlate on December 24, 2014, 04:11:35 AM

Quote from: Lorenzo on December 24, 2014, 12:13:17 AM

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

If I understood correctly there is also a fiscal aspect that brought JD stop operating in btc and now reopening adopting clams: it was due to the fact that tc may be easily and directing traded for USD meanwhile CLAM still not.

But I may be completely wrong because I vaguely remember something like this but I really can't say where I read it.

Doog had basically said it (when he said he was closing due to legislation changes in Canada -- I believe it was CA) back when he closed JD originally.

hopenotlate

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Top Crypto Casino

Quote from: Lorenzo on December 24, 2014, 12:13:17 AM

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

If I understood correctly there is also a fiscal aspect that brought JD stop operating in btc and now reopening adopting clams: it was due to the fact that tc may be easily and directing traded for USD meanwhile CLAM still not.

But I may be completely wrong because I vaguely remember something like this but I really can't say where I read it.

ranlo

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Quote from: romerun on December 24, 2014, 12:17:06 AM

liquidity of course. Nobody really puts Millions $ into clam or alts, but ppl do put M$ on btc.

Not only this, it adds a second layer of volatility. Not only do you deal with CLAM volatility, but then BTC as well.

romerun

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Bitcoin is new, makes sense to hodl.

liquidity of course. Nobody really puts Millions $ into clam or alts, but ppl do put M$ on btc.

Lorenzo

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Quote from: dooglus on December 22, 2014, 08:05:43 PM

Quote from: Bizmark13 on December 22, 2014, 08:03:09 PM

I'm surprised. Shocked

And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

Yeah, it was an attempt at downsizing.

The entire active moneysupply of CLAM is currently worth way less than a million dollars, meaning things won't get nearly as huge as they did when we were using BTC as the site's currency.

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

thompete

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Quote from: ?? on ??

5000 BTC would get eaten in a day off the market right now.

I doubt that. The market has never been more than 200 BTC per day for cloud.
5000, is what they see combined for 5 days of exchange for all coins on trex.

cloverme

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SpacePirate.io

Quote from: Josepht on December 23, 2014, 11:02:56 AM

Too bad he can't cash it all out. If he only sold 8000 clams, the price would already be halved.
I'm sure he can't cash out all of the clams profit he makes.

Same goes for all the BTC he gained from JD. If he sells them all, price will go down a lot.

Agreed, the clam economy is pretty fragile since it spiked just on the fact that JD adopted it. If one were to dump and cash out a large number of clams, the supply would overrun the demand and the price would fall. I'm sure over time some clams would need to be exchanged to pay for services to keep the site running.

Josepht

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Quote from: uvwvj on December 23, 2014, 09:35:00 AM

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

Too bad he can't cash it all out. If he only sold 8000 clams, the price would already be halved.
I'm sure he can't cash out all of the clams profit he makes.

Same goes for all the BTC he gained from JD. If he sells them all, price will go down a lot.

uvwvj

full member

Activity: 145

Merit: 100

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

caga

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www.secondstrade.com - 190% return Binary option

Quote from: picolo on December 23, 2014, 08:47:36 AM

Quote from: enryk on December 23, 2014, 08:15:54 AM

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

Its actually bullish for the price. But dont know, Might be good. Just like when JD started accepting CLAM , prices went up.
So it wouldnt necessarily mean that prices will go down.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: enryk on December 23, 2014, 08:15:54 AM

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

enryk

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GreenCoin

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

mikescott077

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Hey my friend uses this site may look into this

picolo

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Quote from: dooglus on December 22, 2014, 08:05:43 PM

Quote from: Bizmark13 on December 22, 2014, 08:03:09 PM

I'm surprised. Shocked

And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

Yeah, it was an attempt at downsizing.

The entire active moneysupply of CLAM is currently worth way less than a million dollars, meaning things won't get nearly as huge as they did when we were using BTC as the site's currency.

Now with a price of 0.003/CLAM it's worth digging old addresses so we can expect the supply to grow and the market cap to grow as well, 1 new coin is created every minute so a stable price means the market cap is growing, the same goes with Bitcoin.

If Bitcoin price goes up or the BTC price of CLAM goes up, the market cap will grow.

ranlo

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Activity: 1988

Merit: 1007

Quote from: dooglus on December 22, 2014, 08:05:43 PM

Quote from: Bizmark13 on December 22, 2014, 08:03:09 PM

I'm surprised. Shocked

And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

Yeah, it was an attempt at downsizing.

The entire active moneysupply of CLAM is currently worth way less than a million dollars, meaning things won't get nearly as huge as they did when we were using BTC as the site's currency.

But we like BTC,

. I've yet to find anything/anyone on the site worth investing in. JD worked, though, extremely well. With all the scams going on around here and people magically disappearing with millions of dollars, it was nice to have something to legitimately be able to trust.

dooglus

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Quote from: Bizmark13 on December 22, 2014, 08:03:09 PM

I'm surprised. Shocked

And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

Yeah, it was an attempt at downsizing.

The entire active moneysupply of CLAM is currently worth way less than a million dollars, meaning things won't get nearly as huge as they did when we were using BTC as the site's currency.

Bizmark13

sr. member

Activity: 462

Merit: 250

I'm surprised. Shocked

And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: noma on December 22, 2014, 10:08:50 AM

Quote from: Josepht on December 22, 2014, 04:51:35 AM

Quote from: picolo on December 22, 2014, 04:44:26 AM

Quote from: freedomno1 on December 22, 2014, 03:46:35 AM

Congrats to Just-Dice for hitting 10,000 profit
Now I just need to wait for the Clam whales to invade
Nakowaclam Wink

I think we will see a few whales coming to JD as CLAM get more used and the bankroll grows to accept bigger payouts.

Currently 213k clam is invested, which is approximately 50% of the available coins. If all coins were invested, the max profit would be around 2200 clam, which is only 8.8 BTC at this time.

But not all coins have been claimed yet, so would be hard to say that.
A lot of people have not even claimed CLAM in their addresses.

Along with this, if CLAM doubles in price, the maximum BTC bets will effectively double as well.

mailmansDOGE

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Activity: 322

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Quote from: noma on December 22, 2014, 10:08:50 AM

Quote from: Josepht on December 22, 2014, 04:51:35 AM

Quote from: picolo on December 22, 2014, 04:44:26 AM

Quote from: freedomno1 on December 22, 2014, 03:46:35 AM

Congrats to Just-Dice for hitting 10,000 profit
Now I just need to wait for the Clam whales to invade
Nakowaclam Wink

I think we will see a few whales coming to JD as CLAM get more used and the bankroll grows to accept bigger payouts.

Currently 213k clam is invested, which is approximately 50% of the available coins. If all coins were invested, the max profit would be around 2200 clam, which is only 8.8 BTC at this time.

But not all coins have been claimed yet, so would be hard to say that.
A lot of people have not even claimed CLAM in their addresses.

isnt there any chance of more clams being sent out to addresses?

Topic: Just-Dice.com : now with added CLAMs : Play or Invest - page 64. (Read 454823 times)