Stunna, why not allow people to invest?
While I have no doubt that an investment option would be wildly popular, I simply don't feel comfortable allowing it. Right now we have enough more than enough coins to insure all balances but not enough that I could safely insure all potential investments. The amount of trust required for such an investment scheme to work is incredible, given that an operator could just play and win against his own site without anyone having the slightest clue. Bitcoin is already such an incredible investment just sitting in a wallet, I firmly believe that the majority of bitcoin company/site related investments are -EV and unsustainable.
Also primedice 3 is pretty much done, we've had pretty bad luck with developers vanishing or improperly following directions which has made this wait 5 months longer than it should have been. It is very difficult to get a site from 95% done to 100% especially one that requires so much testing. I have no reasonable excuse for this amount of delay. I've started working on learning code 1 hour+ every day while I travel the world so I can hopefully develop PD4 myself as it is very difficult to find trustworthy and competent people to work with when the risks are this high. On that note, I'm back off to
teamtreehouse (which now takes bitcoin) if anyone is highly skilled with node.js send me a PM.
Ive always wondered what these big dice sites actually pull in profit, I have some coin in just-dice. Its interesting to note that the % return is only .35% after being in business for the amount of time it has been on, with the # of bets placed considering the house edge.
That was because a whale called Nakowa that messed with that house edge
Pretty sure the books are still recovering for that.
https://www.youtube.com/watch?v=hjMnKtTWeKMStunna has a good point in that the operator needs to be able to prove they are not betting on their own site.
If primedice did add an investment feature and added a bonus for keeping coins invested in the bankroll from signature campaigns I would be interested but there is more risk in doing that, since you can have whales that will destroy the investment portion of the bankroll versus it sitting in a wallet.
The scary thing would be an inputs.io hack and running with the bankroll, although I trust Stunna personally in that regard.
Anyways good to hear it is almost done any idea if it will make the end of the month.