Bitcoin will be doomed to failure if it doesn't shed all of it's fiat currency traits. eg. gambling, interest..
Where is this utopia of which you speak?
Topic: Satoshi Dice -- Statistical Analysis - page 52. (Read 192889 times)
Where is this utopia of which you speak?
And within 15 minutes of your post a string of Losses from the Whales.
S.DICE up 1700 BTC since your post.
S.DICE up 1700 BTC since your post.
Somebody has too many coins on their hands....
And then down 1500BTC in 8 minutes of betting...
I gotta stop looking at this, too crazy.
These bets are moving the line 1500BTC in a single transaction. Did veganhippie get another $200,000 stake from poker investors and is blowing it on Satoshi Dice instead?
And within 15 minutes of your post a string of Losses from the Whales.
S.DICE up 1700 BTC since your post.
S.DICE up 1700 BTC since your post.
Somebody has too many coins on their hands....
They could be doing so many things with that money instead of gambling it!
Bitcoin will be doomed to failure if it doesn't shed all of it's fiat currency traits. eg. gambling, interest..
Then there is the pool system. From what I've seen, PPS and DGM miners are not being paid fairly. If the ENTIRE BTC network was one giant proportoinal pool, we would ALL get our FAIR share and make shady pool owners and pool hopping a thing of the past.
pEACe
And within 15 minutes of your post a string of Losses from the Whales.
S.DICE up 1700 BTC since your post.
S.DICE up 1700 BTC since your post.
Somebody has too many coins on their hands....
They could be doing so many things with that money instead of gambling it!
And within 15 minutes of your post a string of Losses from the Whales.
S.DICE up 1700 BTC since your post.
S.DICE up 1700 BTC since your post.
Somebody has too many coins on their hands....
And within 15 minutes of your post a string of Losses from the Whales.
S.DICE up 1700 BTC since your post.
S.DICE up 1700 BTC since your post.
Quote
Results: 2012-Dec-13 03:12pm (up to block 212111)
Address Target Should Win | #Bets | Win | Lose | Refunds | BTC In | BTC Out | Refund | Profit | RTP
---------------------------------------------------------------------------------------------------------------------------------------------
1dice1e6p 1 0.00002 | 54616 | 0 (0.00000) | 53652 | 964 | 371.30 | 0.01 | 73.02 | 371.28 | 0.005
1dice1Qf4 2 0.00003 | 2995 | 0 (0.00000) | 2508 | 487 | 41.62 | 0.00 | 14.83 | 41.62 | 0.004
1dice2pxm 4 0.00006 | 4567 | 0 (0.00000) | 4154 | 413 | 55.58 | 0.04 | 7.44 | 55.53 | 0.087
1dice2vQo 8 0.00012 | 5740 | 2 (0.00038) | 5330 | 408 | 84.80 | 16.08 | 7.01 | 68.71 | 18.971
1dice2WmR 16 0.00024 | 7129 | 1 (0.00015) | 6722 | 406 | 186.48 | 4.32 | 18.65 | 182.16 | 2.321
1dice2xkj 32 0.00049 | 8922 | 3 (0.00035) | 8531 | 388 | 500.47 | 303.44 | 1.36 | 197.03 | 60.631
1dice2zdo 64 0.00098 | 11489 | 10 (0.00090) | 11089 | 390 | 774.53 | 135.65 | 55.69 | 638.87 | 17.515
1dice37Ee 128 0.00195 | 13057 | 23 (0.00182) | 12613 | 421 | 1705.84 | 1293.38 | 48.30 | 412.45 | 75.821
1dice3jkp 256 0.00391 | 16294 | 69 (0.00433) | 15855 | 370 | 1891.67 | 2651.98 | 13.16 | -760.31 | 140.193
1dice4J1m 512 0.00781 | 22239 | 164 (0.00760) | 21409 | 666 | 3623.82 | 3453.08 | 9.94 | 170.74 | 95.288
1dice5wwE 1000 0.01526 | 60213 | 923 (0.01544) | 58865 | 425 | 14606.95 | 12112.13 | 1.90 | 2494.81 | 82.920
1dice61SN 1500 0.02289 | 18909 | 447 (0.02407) | 18120 | 342 | 5973.32 | 6240.61 | 15.04 | -267.29 | 104.475
1dice6DPt 2000 0.03052 | 35039 | 1088 (0.03138) | 33580 | 371 | 12726.03 | 11157.15 | 9.29 | 1568.88 | 87.672
1dice6gJg 3000 0.04578 | 20511 | 934 (0.04645) | 19173 | 404 | 8154.32 | 9295.88 | 25.08 | -1141.55 | 113.999
1dice6GV5 4000 0.06104 | 25581 | 1549 (0.06141) | 23674 | 358 | 5456.37 | 4980.66 | 31.25 | 475.71 | 91.282
1dice6wBx 6000 0.09155 | 28961 | 2679 (0.09369) | 25914 | 368 | 12020.23 | 12702.35 | 7.09 | -682.12 | 105.675
1dice6YgE 8000 0.12207 | 118214 | 14429 (0.12249) | 103371 | 414 | 35558.26 | 33881.69 | 100.10 | 1676.57 | 95.285
1dice7EYz 12000 0.18311 | 39367 | 7206 (0.18496) | 31754 | 407 | 32413.86 | 31154.66 | 114.63 | 1259.19 | 96.115
1dice7fUk 16000 0.24414 | 139451 | 33810 (0.24319) | 105219 | 422 | 110500.97 | 108433.53 | 616.93 | 2067.44 | 98.129
1dice7W2A 24000 0.36621 | 108262 | 39623 (0.36753) | 68186 | 453 | 112238.15 | 110841.79 | 212.78 | 1396.36 | 98.756
1dice8EMZ 32000 0.48828 | 744747 | 363316 (0.48867) | 380158 | 1273 | 464763.14 | 458587.49 | 2923.75 | 6175.64 | 98.671
1dice97EC 32768 0.50000 | 311613 | 155180 (0.49917) | 155696 | 737 | 309176.28 | 300561.31 | 5319.98 | 8614.97 | 97.214
1dice9wcM 48000 0.73242 | 209806 | 154059 (0.73596) | 55273 | 474 | 217244.77 | 212606.38 | 5454.67 | 4638.38 | 97.865
1dicec9k7 52000 0.79346 | 31310 | 24640 (0.79599) | 6315 | 355 | 39962.85 | 39962.98 | 1187.06 | -0.13 | 100.000
1dicegEAr 56000 0.85449 | 26958 | 22772 (0.85793) | 3771 | 415 | 40112.26 | 39603.09 | 400.08 | 509.17 | 98.731
1diceDCd2 60000 0.91553 | 26190 | 23654 (0.91654) | 2154 | 382 | 40024.77 | 39905.15 | 0.04 | 119.61 | 99.701
1dice9wVt 64000 0.97656 | 10757 | 9997 (0.98096) | 194 | 566 | 20309.84 | 19965.02 | 239.34 | 344.82 | 98.302
---------------------------------------------------------------------------------------------------------------------------------------------
small (bets < 4 BTC) | 2033693 | 822113 | 1198767 | 12813 | 484988.89 | 474825.20 | 184.82 | 10163.69 | 97.904
big (bets >= 4 BTC) | 69244 | 34465 | 34513 | 266 | 1005489.71 | 985024.78 | 16723.70 | 20464.92 | 97.965
---------------------------------------------------------------------------------------------------------------------------------------------
| 2102937 | 856578 | 1233280 | 13079 | 1490478.61 | 1459849.98 | 16908.52 | 30628.62 | 97.945
---------------------------------------------------------------------------------------------------------------------------------------------
SD Profit before fees: 30628.62760334 BTC (2.055%)
Cumulative Fees Paid: 1297.60427500 BTC
SD Profit after fees: 29331.02332834 BTC (1.968%)
Pending Liabilities: -0.04999999 BTC
Final SD Profit: 29331.07332833 BTC (1.968%)
----
Since Satoshi Dice started, there have been:
Blockchain Tx: 6970351 : SatoshiDice Tx: 3873105 (55.6%)
Blockchain MB: 2966.4 : SatoshiDice MB: 1588.5 (53.6%)
Address Target Should Win | #Bets | Win | Lose | Refunds | BTC In | BTC Out | Refund | Profit | RTP
---------------------------------------------------------------------------------------------------------------------------------------------
1dice1e6p 1 0.00002 | 54616 | 0 (0.00000) | 53652 | 964 | 371.30 | 0.01 | 73.02 | 371.28 | 0.005
1dice1Qf4 2 0.00003 | 2995 | 0 (0.00000) | 2508 | 487 | 41.62 | 0.00 | 14.83 | 41.62 | 0.004
1dice2pxm 4 0.00006 | 4567 | 0 (0.00000) | 4154 | 413 | 55.58 | 0.04 | 7.44 | 55.53 | 0.087
1dice2vQo 8 0.00012 | 5740 | 2 (0.00038) | 5330 | 408 | 84.80 | 16.08 | 7.01 | 68.71 | 18.971
1dice2WmR 16 0.00024 | 7129 | 1 (0.00015) | 6722 | 406 | 186.48 | 4.32 | 18.65 | 182.16 | 2.321
1dice2xkj 32 0.00049 | 8922 | 3 (0.00035) | 8531 | 388 | 500.47 | 303.44 | 1.36 | 197.03 | 60.631
1dice2zdo 64 0.00098 | 11489 | 10 (0.00090) | 11089 | 390 | 774.53 | 135.65 | 55.69 | 638.87 | 17.515
1dice37Ee 128 0.00195 | 13057 | 23 (0.00182) | 12613 | 421 | 1705.84 | 1293.38 | 48.30 | 412.45 | 75.821
1dice3jkp 256 0.00391 | 16294 | 69 (0.00433) | 15855 | 370 | 1891.67 | 2651.98 | 13.16 | -760.31 | 140.193
1dice4J1m 512 0.00781 | 22239 | 164 (0.00760) | 21409 | 666 | 3623.82 | 3453.08 | 9.94 | 170.74 | 95.288
1dice5wwE 1000 0.01526 | 60213 | 923 (0.01544) | 58865 | 425 | 14606.95 | 12112.13 | 1.90 | 2494.81 | 82.920
1dice61SN 1500 0.02289 | 18909 | 447 (0.02407) | 18120 | 342 | 5973.32 | 6240.61 | 15.04 | -267.29 | 104.475
1dice6DPt 2000 0.03052 | 35039 | 1088 (0.03138) | 33580 | 371 | 12726.03 | 11157.15 | 9.29 | 1568.88 | 87.672
1dice6gJg 3000 0.04578 | 20511 | 934 (0.04645) | 19173 | 404 | 8154.32 | 9295.88 | 25.08 | -1141.55 | 113.999
1dice6GV5 4000 0.06104 | 25581 | 1549 (0.06141) | 23674 | 358 | 5456.37 | 4980.66 | 31.25 | 475.71 | 91.282
1dice6wBx 6000 0.09155 | 28961 | 2679 (0.09369) | 25914 | 368 | 12020.23 | 12702.35 | 7.09 | -682.12 | 105.675
1dice6YgE 8000 0.12207 | 118214 | 14429 (0.12249) | 103371 | 414 | 35558.26 | 33881.69 | 100.10 | 1676.57 | 95.285
1dice7EYz 12000 0.18311 | 39367 | 7206 (0.18496) | 31754 | 407 | 32413.86 | 31154.66 | 114.63 | 1259.19 | 96.115
1dice7fUk 16000 0.24414 | 139451 | 33810 (0.24319) | 105219 | 422 | 110500.97 | 108433.53 | 616.93 | 2067.44 | 98.129
1dice7W2A 24000 0.36621 | 108262 | 39623 (0.36753) | 68186 | 453 | 112238.15 | 110841.79 | 212.78 | 1396.36 | 98.756
1dice8EMZ 32000 0.48828 | 744747 | 363316 (0.48867) | 380158 | 1273 | 464763.14 | 458587.49 | 2923.75 | 6175.64 | 98.671
1dice97EC 32768 0.50000 | 311613 | 155180 (0.49917) | 155696 | 737 | 309176.28 | 300561.31 | 5319.98 | 8614.97 | 97.214
1dice9wcM 48000 0.73242 | 209806 | 154059 (0.73596) | 55273 | 474 | 217244.77 | 212606.38 | 5454.67 | 4638.38 | 97.865
1dicec9k7 52000 0.79346 | 31310 | 24640 (0.79599) | 6315 | 355 | 39962.85 | 39962.98 | 1187.06 | -0.13 | 100.000
1dicegEAr 56000 0.85449 | 26958 | 22772 (0.85793) | 3771 | 415 | 40112.26 | 39603.09 | 400.08 | 509.17 | 98.731
1diceDCd2 60000 0.91553 | 26190 | 23654 (0.91654) | 2154 | 382 | 40024.77 | 39905.15 | 0.04 | 119.61 | 99.701
1dice9wVt 64000 0.97656 | 10757 | 9997 (0.98096) | 194 | 566 | 20309.84 | 19965.02 | 239.34 | 344.82 | 98.302
---------------------------------------------------------------------------------------------------------------------------------------------
small (bets < 4 BTC) | 2033693 | 822113 | 1198767 | 12813 | 484988.89 | 474825.20 | 184.82 | 10163.69 | 97.904
big (bets >= 4 BTC) | 69244 | 34465 | 34513 | 266 | 1005489.71 | 985024.78 | 16723.70 | 20464.92 | 97.965
---------------------------------------------------------------------------------------------------------------------------------------------
| 2102937 | 856578 | 1233280 | 13079 | 1490478.61 | 1459849.98 | 16908.52 | 30628.62 | 97.945
---------------------------------------------------------------------------------------------------------------------------------------------
SD Profit before fees: 30628.62760334 BTC (2.055%)
Cumulative Fees Paid: 1297.60427500 BTC
SD Profit after fees: 29331.02332834 BTC (1.968%)
Pending Liabilities: -0.04999999 BTC
Final SD Profit: 29331.07332833 BTC (1.968%)
----
Since Satoshi Dice started, there have been:
Blockchain Tx: 6970351 : SatoshiDice Tx: 3873105 (55.6%)
Blockchain MB: 2966.4 : SatoshiDice MB: 1588.5 (53.6%)
wow. I mean, WOW. Some people are really going nuts. If it weren't for the shareholders I would also have thought the play against themselves just for PR. But this will result in huge shareholder payments, so very unlikely.
But for sure not yet ready for THAT kind of volume. Im still blown away.
Over $130,000. I think some real competition to satoshidice might be coming soon.
Indeed But for sure not yet ready for THAT kind of volume. Im still blown away.
It's been coming soon since August, so why not. Day after BFL ships.
First mover advantage, long history of transactions that match the house house edge, advertising, API interface, potential partnerships with real-world casinos... I don't see clones displacing much volume. Gonna have to be something significantly better and different.
wow. I mean, WOW. Some people are really going nuts. If it weren't for the shareholders I would also have thought the play against themselves just for PR. But this will result in huge shareholder payments, so very unlikely.
But for sure not yet ready for THAT kind of volume. Im still blown away.
Over $130,000. I think some real competition to satoshidice might be coming soon.
Indeed But for sure not yet ready for THAT kind of volume. Im still blown away.
It's been coming soon since August, so why not. Day after BFL ships.
They are back... 10k bet in last hour. Dice is down by 500BTC.
Looks like that same big spender is back:
I need to get some of shares of SatoshiDice.
Code:
Details 2012-12-13 19:33:19 lessthan 32000 e5e1cda3 116c4735 1dhAwVy 100.00000000 LOSE 0.49950000 38120
Details 2012-12-13 19:33:10 lessthan 8000 e5e1cda3 88b5b4e8 1dhAwVy 25.00000000 LOSE 0.12450000 38120
Details 2012-12-13 19:33:06 lessthan 16000 e5e1cda3 5e26d819 1dhAwVy 90.00000000 LOSE 0.44950000 38120
Details 2012-12-13 19:33:05 lessthan 32768 e5e1cda3 7af3b26a 1dhAwVy 110.00000000 LOSE 0.54950000 38120
Details 2012-12-13 19:32:59 lessthan 24000 e5e1cda3 4430da1f 1dhAwVy 50.00000000 LOSE 0.24950000 38120
Details 2012-12-13 19:32:57 lessthan 12000 e5e1cda3 90e8c978 1dhAwVy 30.00000000 LOSE 0.14950000 38120
Details 2012-12-13 19:32:49 lessthan 8000 09cbbd68 2d6e08d8 1EP4rM8 25.00000000 LOSE 0.12450000 19769
Details 2012-12-13 19:32:41 lessthan 12000 09cbbd68 d7dc54d9 1EP4rM8 30.00000000 LOSE 0.14950000 19769
Details 2012-12-13 19:32:35 lessthan 16000 09cbbd68 6864302e 1EP4rM8 90.00000000 LOSE 0.44950000 19769
Details 2012-12-13 19:29:27 lessthan 8000 438e367f e6178667 17sjYPa PENDING 25.00000000 LOSE 0.12450000 14629
Details 2012-12-13 19:29:19 lessthan 12000 d00de002 fe9ff550 1Di6ux3 PENDING 30.00000000 WIN 160.05734000 6052
Details 2012-12-13 19:29:15 lessthan 48000 438e367f 1cc76258 17sjYPa PENDING 50.00000000 WIN 66.87776666 14629
Details 2012-12-13 19:29:13 lessthan 16000 438e367f c4dbd4c4 17sjYPa PENDING 90.00000000 WIN 360.24214000 14629
Details 2012-12-13 19:29:11 lessthan 32768 438e367f 1b5d0f90 17sjYPa PENDING 110.00000000 WIN 215.26950000 14629
Details 2012-12-13 19:29:09 lessthan 12000 438e367f ae1cfeb5 17sjYPa PENDING 30.00000000 LOSE 0.14950000 14629
Details 2012-12-13 19:29:08 lessthan 24000 438e367f 94b91cc5 17sjYPa PENDING 50.00000000 WIN 133.50603333 14629
Details 2012-12-13 19:29:07 lessthan 48000 d00de002 c0ba3bc9 1Di6ux3 PENDING 50.00000000 WIN 66.87776666 6052
Details 2012-12-13 19:29:04 lessthan 24000 d00de002 bf22495e 1Di6ux3 PENDING 50.00000000 WIN 133.50603333 6052
Details 2012-12-13 19:29:02 lessthan 16000 d00de002 bfbcf344 1Di6ux3 PENDING 90.00000000 WIN 360.24214000 6052
Details 2012-12-13 19:29:00 lessthan 32000 438e367f a6cd4ecf 17sjYPa PENDING 100.00000000 WIN 200.38430000 14629
Details 2012-12-13 19:28:54 lessthan 32768 d00de002 40db7752 1Di6ux3 PENDING 110.00000000 WIN 215.26950000 6052
Details 2012-12-13 19:28:53 lessthan 8000 d00de002 4115d3c2 1Di6ux3 PENDING 25.00000000 WIN 200.00930000 6052
Details 2012-12-13 19:28:46 lessthan 8000 28511504 6d92758a 1Mn9Zn1 PENDING 25.00000000 WIN 200.00930000 1844
Details 2012-12-13 19:28:43 lessthan 16000 28511504 70c307c5 1Mn9Zn1 PENDING 90.00000000 WIN 360.24214000 1844
Details 2012-12-13 19:28:41 lessthan 48000 28511504 cbb9a41c 1Mn9Zn1 PENDING 50.00000000 WIN 66.87776666 1844
Details 2012-12-13 19:28:39 lessthan 32000 28511504 f758ec85 1Mn9Zn1 PENDING 100.00000000 WIN 200.38430000 1844
Details 2012-12-13 19:28:38 lessthan 24000 28511504 0af1b599 1Mn9Zn1 PENDING 50.00000000 WIN 133.50603333 1844
Details 2012-12-13 19:28:34 lessthan 32768 28511504 c19d8c01 1Mn9Zn1 PENDING 110.00000000 WIN 215.26950000 1844
Details 2012-12-13 19:28:32 lessthan 12000 28511504 bc444ef6 1Mn9Zn1 PENDING 30.00000000 WIN 160.05734000 1844
I need to get some of shares of SatoshiDice.
I just noticed that overnight there was almost as much volume of bets refunded as "above max" as in the entire previous lifetime of satoshidice:
Turns out it's because of this kind of bet:
http://www.satoshidice.com/lookup.php?tx=d45ece42
You can send two bets to the same address in a single transaction if you like, but it won't help you evade the maximum bet...
Over 100,000 BTC were bet in the last day. Over 400,000BTC were traded on mt.gox in the past 2 weeks, with a steady increase in price, so casinos could possibly be buying some up. Especially is Satoshi Dice is quickly recycling back to USD.
62k BTC were bet between my last 2 reports.
I just noticed that overnight there was almost as much volume of bets refunded as "above max" as in the entire previous lifetime of satoshidice:
and the lifetime RTP for 'big bets' decreased by almost a full 1%, just from the last day's worth of bets:
The RTP on just the big bets in the last 24h is:
49457.22 / 60041.59 = 82.3716%
and the RTP on all bets in the last 24h is:
51271.82 / 61966.84 = 82.7407%
So the house kept a whopping 18% of monies bet!
Quote
#Bets | Win | Lose | Refunds | BTC In | BTC Out | Refund | Profit | RTP
------------------------------------------------------------------------------------------------------------
2076530 | 844363 | 1219133 | 13034 | 1412956.62 | 1391795.61 | 8548.41 | 21161.00 | 98.502
+10557 | 4710 | +5808 | +39 | +61966.84 | +51271.82 | +8360.10 | +10695.03 | -0.662
------------------------------------------------------------------------------------------------------------
2087087 | 849073 | 1224941 | 13073 | 1474923.46 | 1443067.43 | 16908.51 | 31856.03 | 97.840
------------------------------------------------------------------------------------------------------------
2076530 | 844363 | 1219133 | 13034 | 1412956.62 | 1391795.61 | 8548.41 | 21161.00 | 98.502
+10557 | 4710 | +5808 | +39 | +61966.84 | +51271.82 | +8360.10 | +10695.03 | -0.662
------------------------------------------------------------------------------------------------------------
2087087 | 849073 | 1224941 | 13073 | 1474923.46 | 1443067.43 | 16908.51 | 31856.03 | 97.840
and the lifetime RTP for 'big bets' decreased by almost a full 1%, just from the last day's worth of bets:
Quote
Address Target Should Win | #Bets | Win | Lose | Refunds | BTC In | BTC Out | Refund | Profit | RTP
---------------------------------------------------------------------------------------------------------------------------------------------
big (bets >= 4 BTC) | 68096 | 33881 | 33987 | 228 | 932526.39 | 921332.21 | 8363.70 | 11194.17 | 98.800
| +719 | +352 | +329 | +38 | +60041.59 | +49457.22 | +8360.00 | +10584.38 | -0.994
---------------------------------------------------------------------------------------------------------------------------------------------
big (bets >= 4 BTC) | 68815 | 34233 | 34316 | 266 | 992567.98 | 970789.43 | 16723.70 | 21778.55 | 97.806
---------------------------------------------------------------------------------------------------------------------------------------------
big (bets >= 4 BTC) | 68096 | 33881 | 33987 | 228 | 932526.39 | 921332.21 | 8363.70 | 11194.17 | 98.800
| +719 | +352 | +329 | +38 | +60041.59 | +49457.22 | +8360.00 | +10584.38 | -0.994
---------------------------------------------------------------------------------------------------------------------------------------------
big (bets >= 4 BTC) | 68815 | 34233 | 34316 | 266 | 992567.98 | 970789.43 | 16723.70 | 21778.55 | 97.806
The RTP on just the big bets in the last 24h is:
49457.22 / 60041.59 = 82.3716%
and the RTP on all bets in the last 24h is:
51271.82 / 61966.84 = 82.7407%
So the house kept a whopping 18% of monies bet!
wow. I mean, WOW. Some people are really going nuts. If it weren't for the shareholders I would also have thought the play against themselves just for PR. But this will result in huge shareholder payments, so very unlikely.
But for sure not yet ready for THAT kind of volume. Im still blown away.
Over $130,000. I think some real competition to satoshidice might be coming soon.
Indeed But for sure not yet ready for THAT kind of volume. Im still blown away.
But where did the casino's get the bitcoins? There hasn't been volume on mtgox to suggest they had bought $100k+ worth of bitcoins.
It takes only 1 BTC to send a thousand 0.001 bets (excluding fees).
Here's a list of all the bets which profited or risked more than 10 BTC between my last two updates here. These bets represent a profit for satoshidice of 10594.72649778 BTC:
A profit of over 10000 BTC means at least 10000 BTC were bet.
Over 100,000 BTC were bet in the last day. Over 400,000BTC were traded on mt.gox in the past 2 weeks, with a steady increase in price, so casinos could possibly be buying some up. Especially is Satoshi Dice is quickly recycling back to USD.
But where did the casino's get the bitcoins? There hasn't been volume on mtgox to suggest they had bought $100k+ worth of bitcoins.
It takes only 1 BTC to send a thousand 0.001 bets (excluding fees).
Here's a list of all the bets which profited or risked more than 10 BTC between my last two updates here. These bets represent a profit for satoshidice of 10594.72649778 BTC:
A profit of over 10000 BTC means at least 10000 BTC were bet.
But where did the casino's get the bitcoins? There hasn't been volume on mtgox to suggest they had bought $100k+ worth of bitcoins.
It takes only 1 BTC to send a thousand 0.001 bets (excluding fees).
These bursts of high volume started the day after Erik came back from his meeting in Macau with casino owners. Maybe casinos there are doing some robustness testing? It's pocket change for them.
But where did the casino's get the bitcoins? There hasn't been volume on mtgox to suggest they had bought $100k+ worth of bitcoins.
These bursts of high volume started the day after Erik came back from his meeting in Macau with casino owners. Maybe casinos there are doing some robustness testing? It's pocket change for them.
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