Topic: MoneyPot.com :: The bitcoin gambling wallet - page 16. (Read 77052 times)

Quote from: RHavar on October 13, 2015, 04:31:27 PM

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM.

One thing I like about JD/clam is that there's virtual zero chance, or incentive for a big-exit scam. That's in comparison to most bitcoin investment sites, were there's strong financial incentives to do it.

Dooglus will probably hate me for saying this, but I see just-dice investing/clams as an epic version of bustabit. You can buy-in (polo), or claim the faucet (dig) and now the goal is to hold on (invest) while making phenomenal returns. You can cashout anytime, or risk the giant bust Cheesy

I see your point, but I'm not sure about the phenomenal returns:

bustabit:

CLAM:

CLAM looks like it's being suppressed, though. It seems to be two large dumps that tanked its price, almost as if it were intentional.

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Quote from: ranlo on October 13, 2015, 02:55:22 PM

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM.

One thing I like about JD/clam is that there's virtual zero chance, or incentive for a big-exit scam. That's in comparison to most bitcoin investment sites, were there's strong financial incentives to do it.

Dooglus will probably hate me for saying this, but I see just-dice investing/clams as an epic version of bustabit. You can buy-in (polo), or claim the faucet (dig) and now the goal is to hold on (invest) while making phenomenal returns. You can cashout anytime, or risk the giant bust Cheesy

I see your point, but I'm not sure about the phenomenal returns:

bustabit:

CLAM:

hua_hui

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Quote from: hua_hui on October 13, 2015, 05:13:37 AM

yah i understand. but for me, usually i see them as seperate currency. so i try my best not to bother too much about the rate, like my net worth it is increasing or decreasing due to varies exchange rates, i will see as raising the amount of alt. i know it is not a wise move but sometime i put some $$ into an alt, i just let it be there and never convert back to fiat or btc.

Definitely an issue. Bitcoin is the only widely spread crypto, so everything else has to be denoted in BTC value. Because if you ever want to make an exit, you're converting to BTC (or to fiat, but that would be based on BTC's value as well).

but to be honest, if were to follow how you think it is, the best way is at the start invest in alt coin at the start, when it rise and then exchange back to btc before it fell. then you dont even need to keep alt coins at all. maybe becuz i know i am not a gd predicter in market, so i end up keep it all the while, easier for me.

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Quote from: RHavar on October 13, 2015, 04:31:27 PM

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM.

One thing I like about JD/clam is that there's virtual zero chance, or incentive for a big-exit scam. That's in comparison to most bitcoin investment sites, were there's strong financial incentives to do it.

Dooglus will probably hate me for saying this, but I see just-dice investing/clams as an epic version of bustabit. You can buy-in (polo), or claim the faucet (dig) and now the goal is to hold on (invest) while making phenomenal returns. You can cashout anytime, or risk the giant bust Cheesy

Yeah, I feel like I should have exited when they jumped up to 15-16 mBTC each (now they're back at 4). Could have re-bought at the bottom again.

RHavar

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Quote from: hua_hui on October 13, 2015, 05:13:37 AM

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM.

One thing I like about JD/clam is that there's virtual zero chance, or incentive for a big-exit scam. That's in comparison to most bitcoin investment sites, were there's strong financial incentives to do it.

Dooglus will probably hate me for saying this, but I see just-dice investing/clams as an epic version of bustabit. You can buy-in (polo), or claim the faucet (dig) and now the goal is to hold on (invest) while making phenomenal returns. You can cashout anytime, or risk the giant bust Cheesy

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yah i understand. but for me, usually i see them as seperate currency. so i try my best not to bother too much about the rate, like my net worth it is increasing or decreasing due to varies exchange rates, i will see as raising the amount of alt. i know it is not a wise move but sometime i put some $$ into an alt, i just let it be there and never convert back to fiat or btc.

Definitely an issue. Bitcoin is the only widely spread crypto, so everything else has to be denoted in BTC value. Because if you ever want to make an exit, you're converting to BTC (or to fiat, but that would be based on BTC's value as well).

hua_hui

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Quote from: hua_hui on October 13, 2015, 03:14:33 AM

Quote from: ranlo on October 12, 2015, 10:39:34 PM

Quote from: hua_hui on October 12, 2015, 10:10:38 PM

Quote from: hua_hui on October 12, 2015, 09:01:55 PM

Quote from: RHavar on October 12, 2015, 06:33:34 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

yah but JD is something i quite trust last time. except peerbet which i never hear b4.

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM. You need to keep in mind that BTC itself is risky. When you then move to an alt, you have an extra layer of risk (if BTC crashes, CLAM does. If CLAM crashes, BTC won't). So your risks are then:

1) The site
2) BTC
3) CLAM

Invest accordingly.

yah i understand. but for me, usually i see them as seperate currency. so i try my best not to bother too much about the rate, like my net worth it is increasing or decreasing due to varies exchange rates, i will see as raising the amount of alt. i know it is not a wise move but sometime i put some $$ into an alt, i just let it be there and never convert back to fiat or btc.

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Quote from: hua_hui on October 13, 2015, 03:14:33 AM

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM. You need to keep in mind that BTC itself is risky. When you then move to an alt, you have an extra layer of risk (if BTC crashes, CLAM does. If CLAM crashes, BTC won't). So your risks are then:

1) The site
2) BTC
3) CLAM

Invest accordingly.

woa that is a lot of things to be careful of. but clam seems to be quite gd at this point of time.

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Yeah, my investment went up! Grin

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Quote from: ranlo on October 12, 2015, 10:39:34 PM

Quote from: hua_hui on October 12, 2015, 10:10:38 PM

Quote from: hua_hui on October 12, 2015, 09:01:55 PM

Quote from: RHavar on October 12, 2015, 06:33:34 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Quote from: ranlo on October 12, 2015, 10:39:34 PM

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

yah but JD is something i quite trust last time. except peerbet which i never hear b4.

The site itself isn't the issue (I trust Dooglus immensely). It's CLAM. You need to keep in mind that BTC itself is risky. When you then move to an alt, you have an extra layer of risk (if BTC crashes, CLAM does. If CLAM crashes, BTC won't). So your risks are then:

1) The site
2) BTC
3) CLAM

Invest accordingly.

hua_hui

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Quote from: hua_hui on October 12, 2015, 10:10:38 PM

Quote from: hua_hui on October 12, 2015, 09:01:55 PM

Quote from: RHavar on October 12, 2015, 06:33:34 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Quote from: hua_hui on October 12, 2015, 10:10:38 PM

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

yah but JD is something i quite trust last time. except peerbet which i never hear b4.

ranlo

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Quote from: hua_hui on October 12, 2015, 09:01:55 PM

Quote from: RHavar on October 12, 2015, 06:33:34 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.

Yeah I divested all and won't be investing again. Simply not worth the risk for such minimal returns.

Yeah, fair enough. I've lost 250 BTC in the last week bankrolling bustabit, taking 6 months of my income, so that +EV certainly doesn't come easy. But as people divest, it should increase the returns for people still in which I hope means it reaches a nice happy equilibrium. Also I think the vast majority of investors tend to over-invest, it really shouldn't an all-or-nothing proposition.

Moderation is key. I have a small percent of my holding invested in various sites. The only all in I have are DOGE at Peerbet and CLAM at JD. But that's because I just have them as speculative bets.

how well are these 2 site doing at the moment???

Peerbet is up about 48% in 13 months but value of Doge puts it in the negatives.

JD is up like 190% in a few months (I have about 3x starting amount).

Neither of these are representative of the future and both fluctuate.

understood. i am just looking to diversify my investment.

Keep in mind you add another layer of risk when dealing with alts, as well, so be careful.

hua_hui

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Activity: 1386

Merit: 1016

Quote from: hua_hui on October 12, 2015, 09:01:55 PM

Quote from: RHavar on October 12, 2015, 06:33:34 PM

Molloype on BetterBets is tearing the place apart! BetterBets has a pretty cool spyglass feature if you want to watch him in action. In the last 24h he's wagered 1794 BTC, and in the process made a profit of 18.94 BTC. We've paid 8.944 BTC to the app in commissions, which means investors have taken a -27.885 BTC hit from him (although slightly offset by some of the other action). Ouch.