Topic: 🌟🎲🌟 MoneyPot.com - page 53. (Read 119056 times)

If you take 300 bits as the fee, you should send the payment with 300 bits as the fee.  It's so simple.  Why would you do anything else?  If you give the user the option to choose how much they want to pay...out of THEIR MONEY...as a fee, just send the payment using that as the fee.  You should never be profiting off of your users in this way, that's horrible.

If you give the user the option to choose how much to take from their withdraw to use on fees, you need to make sure that you use that money on fees. 

Actually I don't. I *always* charge 300 bits, but use bitcoin core to estimate how much fees to apply, so that it confirms as fast as possible. Sometimes it requires that I pay less than 300 bits, and sometimes it requires I pay more than 300 bits -- but that's irrelevant for the person making the withdrawal.

The issue here seems to be not that MoneyPot has dynamic fees (That's the correct thing to do) but rather that they're paying too low fees, and people aren't getting their withdraw in a timely fashion. I guess my question to them would be "What are you targetting?"

In bustabit, I'm using bitcoin cores 0.12.1 estimation (which is a 95% chance of confirming within 2 blocks) although in practice >99% of all withdrawals confirm in the next block that has transactions.

A couple weeks ago I asked mp to allow people to withdraw with higher transaction fees. (They always charged 100 bits and paid 100 bits)
It did'nt take long and they came up with an option to send with 200 bits and 300 bits.
And if you picked one they did send it with the fee you've chosen.

I don't think I need to explain the reasons for sending with higher fees...

I'm not sure when it happend but they decided to change it again, and send your transactions with calculated fees per kb, but leaving the options to send with 200 or 300 bits.
Also they send with medium priority, resulting in people waiting hours or longer for their withdrawels.

I asked a couple times to change that and got relinked to ryans post where he was approving its ok to send with calculated fee, but taking FIXED fee for withdrawels.
Actually this isnt what they do, since u can chose 300 bits...

Btw. ryan charges 300 bits and also pays 300 bits for every withdrawel from bustabit.

I'm missing the "we consider the 100 bits more as a free donation" hint.

I'm aware of the transactions with many inputs that could cost mp more, but this is not the problem of their users.
Maybe that's just my opinion but this is how you get unhappy users/customers to save a few fucking cents.

But if we calculate this for couple thousand transactions it might give a nice amount, 100 bits on top from the idiots who send with 300 bits and I'll call that low level scam.

I really liked the moneypotguys, at least the ones I know a bit, but it seems they lost interest in making this to something successfull.
All I see now is by far too long maintenances and IMO stupid changes without info onsite for what or why.
Sure it's your biz and u can do what u want, but so can I ...

Anyways bad trust for u ...

I'm fine with removing it, when u remove your low level scam...

btw. No I'm no common kid who lost 10 cents and start bitching right after, so don't even start with it (;


Example:



I'm pretty sure that yahoo and me was one of the people, that caused you to offer different fees for withdrawels and we hoped we would do something good for the players and your biz.
But I did not want to help you to stupidly scam dust from people. I dont know how else to call that...

I'd rather play a 0.01% house edge simple dice game without a jackpot than one with a 2% house edge and a measly jackpot. Or go to bit-exo, and play for their progressive which is a lot higher than 630x would be (unless I'm betting with huge amount, which I never do hunting a jackpot) and only has a 0.8% edge. Honestly, you can't expect to make a successful dice site by simply modifiying the untitled dice script.

Literally any MP app can use a 630x multiplier. Your site is just another Untitled Dice clone

Friends,

I have introduced first dice game with jackpot of 630 times wager.  Chance of hitting jackpot is 15.6 in a million.  Minimum wager 1 satoshi. 

Please give it a shot!!

https://xchangeanything.com/xdice/


Nothing is perfect.  There is always a room for improvements.  Looking forward to your suggestions/feedback for improvements.

Good Luck!!

Ah, my bad. I misread that (I thought he was saying we were below EV). My apologies

As far as I'm aware, betterbets.io doesn't have an investor thing (except for the rubies thing, I don't think that is what your talking about). Investing in moneypot is basically also investing in betterbets, since they use the moneypot bankroll. If you are talking about the rubies thing, that investment gains profit through the app comission betterbets makes, not through people losing bets.

I invested at moneypots.com, if I invest at betterbets.io whats the difference in my investment than the one at mp

Well, MP is currently a Gamblers delight.
I believe you mean the profits has dropped more than 20% instead of the bankroll. (Which is actually worse.)

Pointed out earlier was the website to see stats:
http://eeeth.com/mpstats/
Peak profit was on July 17th with 433+ BTC
Currently it is at 343+ BTC

So, yes, the profits have dropped more than 20% in the last 6 weeks (90BTC loss in profits).
This makes 'investors' very uneasy while making gamblers happy as all get.
(Site losing nearly an average of 2BTC daily).

Time to start gambling!  

That is not correct. The profit portrayed on the homepage is the amount earned by the bankroll investors: including fees paid to apps and MoneyPot the bankroll is up 677 BTC (which is a bit more than the expected outcome).

confirming I received 6 btc

Thanks

That's almost with all the casino's....

Also, if you look at the expected profit for MP, it's a lot lower than the actual profit

Everything can happen, but the bankroll allready dropped More then 20% so rather not for the time Being 

If you have invested there , you should take in mind as the reminder says there the risks and rewards. When some whale wins big your investment start becoming smaller and smaller until some big whale losses big money that way your investment starts incrementing in numbers. There's no sure profit in gambling investments and I just invested myself about 4200 bits just to try the service. Will add more if it looks good.

i am loosing quite high amount of bits in money pot account now a days do you know why this happening is there any specif reason

it could drop much more in gambling everything is possible so let players also win and have fun

Yes offcourse, just basic intrest i gues,
i just like to see how People bet, and this one is interesting because it's the second day that the bankroll Drops 10btc