Welcome back, moneypot!
I knew it that there was you long time ago and it's mind boggling me if it was the same name or not but it was. I didn't know that there was an acquisition that did happened because I was not really following your history.
Anyway, glad to see you around again.
Topic: MoneyPot - Crash with the lowest house edge - page 8. (Read 2756 times)
until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?
It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.Am not sure the word "commission" written on the screenshot I posted is referred to what you are talking about ( the commission on the profits Moneypot takes whenever tatal bankroll exceeds the previous all-time high and corresponds to 60% of the difference between new ATH and old ATH) : as per my understanding that 3% written there is the "dilution fee" ( set up to incentivize long term investors and to reward earlier investors) that is deducted whenever someone invest into site bankroll.
Maybe using that same definition "commission" may induce in some misinterpretation.
until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?
It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.That is the clarification required here right now. :-)
It seems the current negative investor profit is due to the heavy price drop of Bitcoin. Since all the investments and profit sharing happens in terms of Bitcoin then we can safely say that investors are temporarily in the loss and if they hold on to moneypot then there is chance they will come to the normal commission one more time.
I also have one question in terms of price change. If drop in the price can affect investments in negative ways then does it mean if reverse thing happens as if bitcoin price is rising a lot then would it give more commission in terms of Bitcoin? I just hope it should be the same case in both the ways.
I exclude that it's the case : I truly believe that the price of bitcoin does not have the slightest influence on the site's profits/losses. The latter solely depend on how much players lose/win on the site regardless of the btc price
until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?
It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here.That is the clarification required here right now. :-)
It seems the current negative investor profit is due to the heavy price drop of Bitcoin. Since all the investments and profit sharing happens in terms of Bitcoin then we can safely say that investors are temporarily in the loss and if they hold on to moneypot then there is chance they will come to the normal commission one more time.
I also have one question in terms of price change. If drop in the price can affect investments in negative ways then does it mean if reverse thing happens as if bitcoin price is rising a lot then would it give more commission in terms of Bitcoin? I just hope it should be the same case in both the ways.
until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?
It will bring losses to MoneyPot team if they still share commissions with the user while the 'investors profit' is down from the 'investors all time high profit'. Because, they have already given the commissions while the house was making profit. Moreover, MoneyPot bankroll is down 2.7+ Bitcoin now. They will start sharing the commissions again when the ATH profit of investors will be regained. MoneyPot has used the same concept of Bustabit here. 
Making the deposit addresses or transactions public would be a violation of the inverstors' privacy, so I can't do that. But you don't really have to take my word for it. If MoneyPot doesn't have enough funds to backup what the bankroll shows, soon enough players will discover they can't withdraw their profits. And that would be the end of the casino
are you serious?
You are saying that players should play and risk their money and if they do not get paid then they know they are f*cked? please correct me if I am wrong.
I am sure there are ways you can prove that the bankroll is what you say it is.
cheers
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I acquired the source code from Daniel a couple months ago, after having helped with its development for several years.
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Did Daniel confirm that bolded part somewhere?I acquired the source code from Daniel a couple months ago, after having helped with its development for several years.
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This is the first time I hear of Provably Honest
site/service and also checking their whois datas,
Code:
Domain:
provablyhonest.com
Registrar:
CloudFlare, Inc.
Registered On:
2023-05-23
Expires On:
2024-05-23
Updated On:
2023-05-23
provablyhonest.com
Registrar:
CloudFlare, Inc.
Registered On:
2023-05-23
Expires On:
2024-05-23
Updated On:
2023-05-23
if I get them correctly, they launched just recently (just 12 days after the creation of your account here, likely just a coincidence) : are you affiliated in some way with their business? And are you aware of other gambling sites using their services?
Asking because not having am IT background am not able to properly read their API documentations by myself and am just trying to get a general idea.
Another question: will you stick to Bitcoin only or do you plan to allow some other currency ?
Dont get me wrong , am not trying to insinuate doubts on your business on the contrary, I'm considering participating in the bankroll and I wanted to clear up some small doubts first : here is last one
until i see this message displayed I can invest without commission or is there the risk that it will become outdated ( the 3BTC quota has been reached and for some reason it is still there)?
Sorry for the fire of questions and good luck with your new business
Just visited the website as of now I have been exploring the different pages. I saw that they are only accepting Bitcoin at the moment and I hope they continue to do the same. The even have launched their signature campaign and I was expecting them to launch a few Bitcointalk exclusive offers to gain more members. Need more games as after sometime people get bored by playing the same game. If they want user return back then more games would be a good idea & continuous new offers for the community.
Crash hunt competition in games and round sections would be an excellent addition. I am sure players would like to play in a casino with such a low house edge. This platform needs a little more exposure all over the forum and the internet as well.
Competition is always nice but I think it should be also available on the site. They can run special bitcointalk competition although I'm not sure if the interest will be good enough. As proven by many other competitions in this forum, the number of participants is not that big. We have so many active members in the gambling board but only few of them are real gamblers who will be willing to participate in such competition. On site promotions/competitions will be a better option to give something back to real players.
hi OP.. i really like the design of your site, stay active on this ANN topic, best of luck 
but if they do run their own sig campaign, they should not expect that gamblers will flock on their site. they may attract some but there's no guarantee that they will stay and deposit big. most of them are already patrons of reputable casinos in the forum, so playing on a new one is not really their inkling.
but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.
the developer who conducts a signature campaign on this forum certainly has great expectations that their site will be visited by many players and the steps taken by the moneypot developer are correct, i visited the moneypot site and it is true as they claim that the developer used some code from bustadice and bustabit, with consistent and structured marketing tricks i'm sure moneypot will get wide attention especially they have a very good site name, i really like that.
snip
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were. but if they can offer some rewards or competitive bonuses, some of them may stay and take advantage of their attractive perks.
hero member
Activity: 462
Merit: 767
Instant cryptocurrency exchange with own reserves!
Nice to see Moneypot growing. I just checked the stats, and it's not bad for a new startup. 371 BTC was wagered already; unfortunately, the Investors' profit is -2.54 BTC already. I know that house always wins in the long run, but how long does it take to get back to the profit? Of course, Moneypot also needs more active players and some high rollers.
Crash hunt competition in games and round sections would be an excellent addition. I am sure players would like to play in a casino with such a low house edge. This platform needs a little more exposure all over the forum and the internet as well.
Crash hunt competition in games and round sections would be an excellent addition. I am sure players would like to play in a casino with such a low house edge. This platform needs a little more exposure all over the forum and the internet as well.
I saw the signature campaign of Moneypot and visiting this thread, I know more information. The casino is built with code from bustabit, bustadice that are trusted gambling sites. Many years of operation with good reputation, provably fair and the Moneypot team did chose a good partner to build up your casino.
Good security, fair enough (provably fair), trusted enough and with the signature campaign that will go lively soon, MoneyPot will catch attention of gamblers including who are actively in Bitcoin talk forum.
Good security, fair enough (provably fair), trusted enough and with the signature campaign that will go lively soon, MoneyPot will catch attention of gamblers including who are actively in Bitcoin talk forum.
Welcome to the forum, I’ve given the casino a scan through the pages on its offers and the manifesto, it seems like a good one but, one cannot really tell for sure although, it’s uncommon to have casinos seek for customer protection of himself or herself from the casino and if this could be managed properly to reduce customer loses, it’s a good initiative.
Still, there are gamblers that loves to take risk and be a little reckless. With there bankroll in consideration, it seems the casino wouldn’t be for them, am I saying this right?
Still, there are gamblers that loves to take risk and be a little reckless. With there bankroll in consideration, it seems the casino wouldn’t be for them, am I saying this right?
Quote
To uphold our commitment to fairness, we will not impose wagering requirements on our bonuses, promotions, or any other incentives we offer our players.
What might the criterion be in dishing out bonuses as we all know, this is one of the most abused parts to promotion. To not have a criterion in place might lead to a rush towards exploitation. As much as the casino hopes to protect customers, what’s in place to avoid bonus exploitation as you ought to protect yourself from malicious acts from customers as well.
Welcome to the Forum. Hope you will commit to providing good service with your site. As the market is competitive, you must try to provide better services. Three features "Highly optimized withdrawal system", "Backtesting with simulated money", "Shiba the bot" can be quite attractive to gamblers.
The features you've highlighted are indeed quite impressive. If customers receive these services as described, they are likely to become highly interested in engaging with your website. I also took the opportunity to visit your website where I noticed a compelling comparison that would undoubtedly capture the attention of gamblers. You have just started your journey, you will definitely get better response if you can provide the service accordingly.
The features you've highlighted are indeed quite impressive. If customers receive these services as described, they are likely to become highly interested in engaging with your website. I also took the opportunity to visit your website where I noticed a compelling comparison that would undoubtedly capture the attention of gamblers. You have just started your journey, you will definitely get better response if you can provide the service accordingly.
Nice to see your idea gaining some traction. Best of luck!
I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.
Congratulations, I am looking forward to trying the platform as well, I will love to share in the experience of other users here
.Thank you, Fivestar4everMVP!. I hope you had a chance to give it a try.
We already have a few lucky players that have won over a Bitcoin!
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Nice to see your idea gaining some traction. Best of luck!
I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.
Congratulations, I am looking forward to trying the platform as well, I will love to share in the experience of other users here
. ~snip~
You have achieved that mark with only 500 registered users. The bustabit atmosphere and the instant withdrawal is the key feature to get the attention of the gamblers. 50 Bitcoin total wager isn't a big deal, but it is a big achievement for a new platform without any form of marketing. It will keep growing if you can maintain your bankroll with the instant withdrawal feature. Nice to see your idea gaining some traction. Best of luck!
Hey, thank you! It's nice to see MoneyPot gaining traction and getting some support. With a bit of luck and a lot of work, I'm feeling optimistic about what's to come.
I'm also happy to share with the community that in our first 12 days ~200,000 wagers have been placed, and a total of ~50 Bitcoin have been wagered.
We don't have any formal marketing campaign (yet), so we appreciate those who have been recommending us
I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language
They will provide chat channels for gamblers in the platform for the languages that are there. The site is not attractive to some ways but the site frame work is simple. And the features are okay. And since there different languages they should create different channels for that so that gamblers can use it to chat among themselves, mostly those who can't use English fluently.If not, is there a reason the site started with the Estonian chat as first foreign language
I saw that there are going to be chat channels for different languages. Are these based on users location at start ? Or will you be adding these in as interest rises aomng the players ?
If not, is there a reason the site started with the Estonian chat as first foreign language
They will provide chat channels for gamblers in the platform for the languages that are there. The site is not attractive to some ways but the site frame work is simple. And the features are okay. And since there different languages they should create different channels for that so that gamblers can use it to chat among themselves, mostly those who can't use English fluently. If not, is there a reason the site started with the Estonian chat as first foreign language
We are delighted to see you here in the community, once again, welcome! I have visited your website, but I haven't registered with you yet. However, when I get the chance, I will enjoy playing with you. I tried to check different parts of the website, but I didn't find any available welcome offers. I believe that through promotional offers or launching a signature campaign here in the forum, it will help you attract many customers.
A publicity though signature campaign for sure would do them a lot of good to business as there are many users in the forum that have no idea yet about their platform and even those that do have an idea am sure won't be aware that they're back again on track with their services, even with more better services than it were. If they want to gain more exposure, they can add a bounty campaign as well on the side or just choose it more than the signature campaign that pays in BTC in order to save money. Besides, it still has a signature campaign included. They only need to hire a good manager so that the quality of the work is still there.
be that somewhat aggressive when it comes into their marketing then they would definitely be lagging behind against competitors. This is why it would really be wise to have that aggressive stance or approach when it comes to marketing specially that they are really that old timers and there are people in the community who had been able to recognized their name. Somehow i do agree on
some points on here is that if this one is a crash game site once again then we do have lots or tons in this market but nothing still can beat out Bustabit when i comes to this manner.
So it would really be still a tough competition or getting that marketshare that we do have here. Good luck Moneypot.
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