Snipie's gambling investment test - page 8.

janggernaut

legendary

Activity: 2366

Merit: 1130

Quote from: FinneysTrueVision on October 29, 2020, 06:46:04 PM

The Dogecoin bankroll has been getting killed these past two weeks. I opened a new investment 3 weeks ago and it is down more than 16% and my lifetime profits are also negative. There's a couple of whales who have been wagering tens of millions of DOGE per week.

Correct, mine also in negative. The whales are DonalTrumpNow and Deepluck who won total almost 11 million doges in past 2 weeks. Didn't knew both can won so much doge even after Ethan reduced max win bet to 0.5% from total bankroll.

The whale who won 4 BTC yesterday is bitzombie, who betting with 1 BTC each bet. (He even rained some satoshi to people on yolodice's chat box)

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: snipie on October 30, 2020, 09:58:34 AM

Updated the table.
Apparently not only Doge suffered losses, even bitcoin investment rewards are down with the 4 BTC won by a someone in the previous days.
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

08/10/2020

|| 191.48537831

|| 162

|| 87

14/10/2020

|| 194.56914707

|| 163

|| 82

22/10/2020

|| 195.51596529

|| 163

|| 81

30/10/2020

|| 198.34342187

|| 159

|| 77

Less investors, bigger bankroll, less share, harder to recover fast.

If you look globally, then rather you need to talk not about how difficult it is to recover quickly, but about the fact that excellent performance has slightly deteriorated due to the big victory of some player. Despite this, the results achieved look great.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
Apparently not only Doge suffered losses, even bitcoin investment rewards are down with the 4 BTC won by a someone in the previous days.
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

08/10/2020

|| 191.48537831

|| 162

|| 87

14/10/2020

|| 194.56914707

|| 163

|| 82

22/10/2020

|| 195.51596529

|| 163

|| 81

30/10/2020

|| 198.34342187

|| 159

|| 77

Less investors, bigger bankroll, less share, harder to recover fast.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Yes. My 22% profit just get rect. 4% profit left from 5.5 month old investment. Doge is -25% (DOGE/BTC price - from 27 sat to 20 sat). So far it's not my best investment. To shame ... It looked so promising based on old investors' performance. Good that I didn't put much in it.

I'm not losing hope. Sooner or later statistic advantage that casino has will rect this whale...

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

The Dogecoin bankroll has been getting killed these past two weeks. I opened a new investment 3 weeks ago and it is down more than 16% and my lifetime profits are also negative. There's a couple of whales who have been wagering tens of millions of DOGE per week.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: snipie on October 26, 2020, 04:47:53 AM

Quote from: Tytanowy Janusz on October 26, 2020, 02:46:09 AM

-snip-

Yeah I am aware of the minimum amount of Doge required to open an investment, I already did it twice, I was just referring to the amount in that block which is ~1 BTC

For Doge as pump and dump coin, I don't have big idea since I don't follow it regularly, I just used to learn about it years ago and its community seems to not care that much about the price, maybe things changed.

Doge is not necessarily a pump and dump coin, its just like a normal coin, even bitcoin can pump and dump at any given time, same with doge, what makes them stable is their trading volume which doge has over $95 million trading volume today, and that's very liquid, good for payment system.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Tytanowy Janusz on October 26, 2020, 02:46:09 AM

-snip-

Yeah I am aware of the minimum amount of Doge required to open an investment, I already did it twice, I was just referring to the amount in that block which is ~1 BTC

For Doge as pump and dump coin, I don't have big idea since I don't follow it regularly, I just used to learn about it years ago and its community seems to not care that much about the price, maybe things changed.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: snipie on October 25, 2020, 01:38:34 PM

Yeah I saw it, I don't know why I always feel that those blocks are related to a group of people or that one is related to the site/admins. Anyway, old investments of +3 months seems to be ok but barely all investment less than 2 months old seems to suffer losses.

Yea i think that too. This biggest and oldest position looks like owners share.
My investment was under water for weeks too. This investment is long term. In short term fluctuations shed false light. BTW someone is winning good now. My profit went down from 22% to 15%.

Quote from: snipie on October 25, 2020, 01:38:34 PM

Honestly I don't have the courage to invest the equivalent of 1 BTC in doge bankroll nor to exchange my BTC to doge.

Min investment is 2000 doge - 5,6$

Quote from: snipie on October 25, 2020, 01:38:34 PM

I hope doge grows and jump to +60 sat but I don't expect this to happen before bitcoin passing $18k-20k. Doge isn't a pump and dump coin.

To be honest I see DOGE as 100% pump and dump coin. As you can see on chart that i shared earlier. As soon as price touch 20 sat it explodes to 60-120 sat in few days and then dump back to 20 sat and it repeated 8 times. I think that everything may happen with price but pomp to 60 sat is very possible. No matter if it will start from 20 sat or 15 sat after half year (half year of passive roi from casino)

numanoid

legendary

Activity: 1890

Merit: 1148

Quote from: snipie on October 25, 2020, 06:30:36 AM

~snip

I see. Doge price on BTC pair also decreased now, only at 20 sats when it was 25 sats before BTC pump. The investment on Yolodice also decreased based on the investor's chart, i assume they are some guy who won a lot recently, 119 millions doge profit to 115millions now.

Quote from: Tytanowy Janusz on October 25, 2020, 08:39:48 AM

~snip

DOGE was pumped to 60sats on few months ago.
FYI, that whale's profit was more than 10millions doge, but it falling since some guy won a lot on Yolodice

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Tytanowy Janusz on October 25, 2020, 08:39:48 AM

-snip-

Yeah I saw it, I don't know why I always feel that those blocks are related to a group of people or that one is related to the site/admins. Anyway, old investments of +3 months seems to be ok but barely all investment less than 2 months old seems to suffer losses. Honestly I don't have the courage to invest the equivalent of 1 BTC in doge bankroll nor to exchange my BTC to doge. I hope doge grows and jump to +60 sat but I don't expect this to happen before bitcoin passing $18k-20k. Doge isn't a pump and dump coin.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

Quote from: snipie on October 25, 2020, 06:30:36 AM

I actually invested twice in dogecoin, the first with 5416.12333841 DOGE and I lost −8.80468374 DOGE. The second time I invested 3655.65890775 DOGE and my profit was 23.22053553 DOGE. Both were a very short term investment of less than a week.
Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment.

Yea. But it is high risk high return investment and I think that expected profit is worth the risk (especially for small size investments - no more than 5% of wallet)

Expected return:
Biggest and oldest doge whale.

9.5 mln DOGE profit, current value 14.5 mln DOGE so he invested 5 mln DOGE 10 month ago and now he has 14.5 mln DOGE. +190% in 10 months.

My current return is 20% in 5 months - much worse but maybe gamblers are lucky (or there is lesser gambling volume or bigger bankroll)

DOGE Price:

Doge is currently at very strong support. This is 5 year support.

Pomp to 60+ sat is possible/expected.

snipie

legendary

Activity: 3178

Merit: 1140

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Quote from: numanoid on October 25, 2020, 03:08:10 AM

Quote

~snip
I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available).

OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available later

I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread.

I actually invested twice in dogecoin, the first with 5416.12333841 DOGE and I lost −8.80468374 DOGE. The second time I invested 3655.65890775 DOGE and my profit was 23.22053553 DOGE. Both were a very short term investment of less than a week.
Doge and LTC investments are smaller riskier and very volatile comparing to ETH and especially to bitcoin. Also LTC or Doge/BTC pairs in long term could be tricky. When exchanging BTC to Doge now, I cannot guarantee I will obtain the same rate after few months or years which may turn to be losses even if I obtained a nice profit in investment.

numanoid

legendary

Activity: 1890

Merit: 1148

Quote

~snip
I will try to keep everyone updated about my investment and I may invest also in LTC (or ETH if it will be available).

OP, is there any reason why you don't want to invest in Dogecoin? As i've read you might be only invest in LTC or ETH once it available later

I just read OP and last page of yours, so idk if you ever said the reason already or not on this thread.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
Our profit jumped a bit in bitcoin and it is at ATH again in USD since the recent rise in the price this week too!
The overall earnings are $178.1 vs $121.7 at the beginning so +$56.4 if we took in consideration the actual price vs the initial price when I invested Wink

Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

08/10/2020

|| 191.48537831

|| 162

|| 87

14/10/2020

|| 194.56914707

|| 163

|| 82

22/10/2020

|| 195.51596529

|| 163

|| 81

The number of current investors and the open investments are quite stable comparing to the previous week. The currently invested amount increased this week too but less than the previous one by 1 BTC.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
The profit in bitcoin is quite stable as usual while in USD it is ATH since the recent rise in the price

Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

08/10/2020

|| 191.48537831

|| 162

|| 87

14/10/2020

|| 194.56914707

|| 163

|| 82

The number of current investors dropped by 5 comparing to the last week however the open investments remain stable and what is currently invested increased by 3 BTC.

Quote from: ?? on ??

Overall seeing the table for ROI perspective from last 1.5 months its nearly the same ranging in 15-17% so quite stable from that front. Also, after Matthew who played big and as soon as he stopped playing the game for some time now it is not highly volatile some regular players are playing the game but with limited money unlike Matthew.

Matthew is responsible for the LTC volatility and not the bitcoin one. Another guy (I called him Mr X) is responsible for the BTC bankroll volatility who was not around for quite some time apparently Wink

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Updated the table.
We are now in week 18. The profit is in steady and tiny progression.
Changes in the bankroll:

BTC bankroll

DATE

|| Currently invested

|| Open investments

|| Current investors

09/09/2020

|| 182.68532327

|| 144

|| 82

16/09/2020

|| 194.74100876

|| 163

|| 86

23/09/2020

|| 194.04792640

|| 164

|| 83

30/09/2020

|| 193.12535068

|| 164

|| 87

08/10/2020

|| 191.48537831

|| 162

|| 87

2 investments closed with ~1.6 BTC, that's quite big number although I didn't feel that in my share in the bankroll

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Tytanowy Janusz on October 04, 2020, 04:40:33 AM

I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are:
-snip-
It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume?

Approximately 130 BTC, 8.4k LTC and 54,000k Doge were wagered in the last week. Apart maybe BTC, the other 2 coins wagered volume is low. For the BTC wagered amount, even 1 whale was able to generate the same number in 1 day.
The low gambling volume might be the consequence of the recent change, 0.5% max bet of the household, which is 0.96 BTC, 32 LTC and 300k Doge. I remember those max limits were 2.5 BTC and around 90 for LTC. So reduced max limit lowered the reward for gamblers and made it more risky and at the same time it made it safer for both house and investors.
Overall less volume injected per a bet = less volatility and considering the house advantage = stable growth. This equation will not be valid in short term if a lucky whale come back and start playing with max bet.

Tytanowy Janusz

legendary

Activity: 2156

Merit: 1622

I must say that last few weeks on Yolodice are very quiet. Little to 0 changes for ETH, BTC and DOGE investors in last month. Chart says more than 1000 worlds so here they are:

It is also visible on your stats. Profit oscilates from 11.5% to 13% in last 5 weeks. This is caused by low gambling volume?

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: onrise on September 30, 2020, 10:01:45 AM

Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time.

Yeah I believe he was the first in the previous weekly competition and he is also the first in the actual weekly. Depositing big + lucky shots!

Quote from: KTChampions on September 30, 2020, 09:02:54 AM

It turns out that you have been in the black for more than two months? A good result and another confirmation that the distance shows reality. In the beginning there was volatility, now the result is stable and everything is going as planned (stable slow growth of the invested amount).

It is almost 4 months and the profit is quite good until now Wink

onrise

sr. member

Activity: 1512

Merit: 316

Yeah couple of days back a new user registered and wagered quite a lot of btc and was also among top 3 if not mistaken for weekly competition. And you said rightly the bankroll fell due to him winning around 2 btc and slight drop in the profits would happen to all investors. Its luck somebody winning 2 btc in short, a short span of time.

Topic: Snipie's gambling investment test - page 8. (Read 6453 times)