Good luck to the people that will participate this ETH number hunting.
Topic: 🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021 - page 42. (Read 143533 times)
Good luck to the people that will participate this ETH number hunting.
Damn, i took a big hit in my investments..
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
Time to gamble to win it back...
Hah i love your optimism, however with my darned luck, i'd end up loosing it all
Dice hates me, and i hate dice. Whenever i gamble with tokens, i seem to win, as soon as i switch to BTC, down it goes into the gutter
Damn, i took a big hit in my investments..
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
Time to gamble to win it back...
Damn, i took a big hit in my investments..
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
BTC is negative 40k satosh, LTC is negative about 0.02, DOGE is negative around 600 DOGE...
Yes, i k now it's total like $5 loss, but still, seeing those red numbers stresses me out
Nice to see the number hunt competition is back, it is a pure luck competition. All we need to do is to bet and wish the luck to hit low number especially ZERO. Just checked the current competition and there is 1st winner already, so fast. Prizepool is also jumped 50% already from the guaranteed prizepool. With this kind of additional prizepool from the site's profit, participants of the competition will hope that there will be many ETH whales lose their ETH during the competition so the prizepool will be significantly increased 
Hey everyone! We just started a new competition (in addition to the regular weekly ones), it's an ETH Number Hunt! You can find more info on YD's Bonus page, or here: https://bitcointalksearch.org/topic/yolodices-10th-number-hunt-with-20-eth-in-prizes-5259279
This time we've got 20 ETH (+50% of ETH site profits) split across 30 prizes, so plenty of chances to take a spot!
At the end of the day, doesn't matter if it is a good idea or a bad idea, yolodice should have ETH investment not just because it would be profitable for the casino but it would be profitable for the investors as well. Think of a situation where you would be capable of investing into yolodice and also stake at the same time, you would make a ton of money. Plus ethereum is the second biggest coin in the world right now behind bitcoin, which means if you have an option to invest ETH it would get so much more attention than any other coin except bitcoin.
This is why it will probably have a huuuuge bankroll as well and when you have huuuuge bankroll you will have a higher max bet chance as well which means a bigger chance of whales coming in and losing a ton of money here as well (even maybe on other coins too).
This is why it will probably have a huuuuge bankroll as well and when you have huuuuge bankroll you will have a higher max bet chance as well which means a bigger chance of whales coming in and losing a ton of money here as well (even maybe on other coins too).
Kiritsugu and others already point out that yes, in theory, you have a point but in practice,,, there is nothing to worry about.
You argument applies to all investments. Why would I invest my gold into a savings account if I could sell it when it suddenly shoots up? But nobody does that with gold they sell it for longterm or for emergency. Holder mentality is not about now, but about targets.
And as we all point out, even if what you say comes true, no public bankroll does nothing negative to the casino.
Anyway, more important now is the weekend is here! Happy gambling everyone:)
Yeah, I agree that I might have overreacted on the ETH deal, I just wanted to point out the difference between ETH and others due to the ETH 2.0 talks and wanted to make sure that people realize the difference. However even though there is a huge difference between ETH investments due to ETH 2.0 and others, it is still probably not as marginal as I made it out to be.You argument applies to all investments. Why would I invest my gold into a savings account if I could sell it when it suddenly shoots up? But nobody does that with gold they sell it for longterm or for emergency. Holder mentality is not about now, but about targets.
And as we all point out, even if what you say comes true, no public bankroll does nothing negative to the casino.
Anyway, more important now is the weekend is here! Happy gambling everyone:)
I just wanted to make it a big and silly example so that people could see the difference, otherwise I doubt it would be huge one second and nothing on another second. At the end of the day yolodice knows what is good for them better than we do.
I hope that they will continue to do their business the way they are doing right now for a long time, they deserve the spot they are in and being liked by everyone including us with all the amazing stuff they have done.
^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.
Sorry I did not notice you were actually replying to me, but anyway, Kiritsugu and others already point out that yes, in theory, you have a point but in practice,,, there is nothing to worry about.
You argument applies to all investments. Why would I invest my gold into a savings account if I could sell it when it suddenly shoots up? But nobody does that with gold they sell it for longterm or for emergency. Holder mentality is not about now, but about targets.
And as we all point out, even if what you say comes true, no public bankroll does nothing negative to the casino.
Anyway, more important now is the weekend is here! Happy gambling everyone:)
^ Of course it is a speculation, of course we do not know what the ETH investors will do, hell we do not even know WHY yolodice do not have ETH investment option to begin with, I am not affiliated with them, I was just here trying to guess what could be the reason and got absorbed into this never ending discussion.
However I would definitely agree with the staking plus the investing thing. Think about it, you put your ETH into yolodice, it is there staking when nothing happens, it is making you a profit no matter what, and then there are gamblers who lose, so you make money on that as well, and maybe ethereum gains value so you earn from that as well.
Suddenly someone who bought 100 dollar bitcoin has maybe 150 dollars worth of bitcoin at the very best situation but you investing your eth to yolodice at the same time for 100 dollars would have 250 dollars out of nowhere easily thanks to all three reasons of making profit.
However I would definitely agree with the staking plus the investing thing. Think about it, you put your ETH into yolodice, it is there staking when nothing happens, it is making you a profit no matter what, and then there are gamblers who lose, so you make money on that as well, and maybe ethereum gains value so you earn from that as well.
Suddenly someone who bought 100 dollar bitcoin has maybe 150 dollars worth of bitcoin at the very best situation but you investing your eth to yolodice at the same time for 100 dollars would have 250 dollars out of nowhere easily thanks to all three reasons of making profit.
-snip-
Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.
Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.
We also have ETH which is what we are talking about and we are going to look for differences. The topic is investment, and why investment could change max bet and how it could affect the gambling. Now on BTC, LTC, DOGE we do not have any new 2.0 type of improvement that will change the coin at all, it will be all the same without any changes, just same old same old thing.
On ethereum we have 2.0, we have proof of work becoming proof of stake, which means more reasons to hold it and not give it to a casino. Now when you have ETH investment and there is 10k eth invested and you get to bet 100 eth, suddenly that could be 100 eth invested and 1 eth gambling, don't you see how that would be bad for the casino?
I don't see at all how it would be "bad for the casino". There's four different coins, people could just play in a different currency (as you said "let's take these three into account", except you ignored them completely). There's not much point in creating some unrealistic apocalypse scenario where the bankroll drops by 99% just to support your claim - as Rawdog said, this is all speculation anyway.
Just 2 weeks ago the LTC Max Bet went from ~20 coins to ~90 coins because some investor invested ~7,000 LTC, then they withdrew it and the Max Bet dropped back down (a few days later it seemed they invested again), but during that time that the bankroll dropped by ~78%, I didn't hear a peep from anyone - no complaints. People just played as they normally would, or played in different coins.
-snip-
Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.
Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.
We also have ETH which is what we are talking about and we are going to look for differences. The topic is investment, and why investment could change max bet and how it could affect the gambling. Now on BTC, LTC, DOGE we do not have any new 2.0 type of improvement that will change the coin at all, it will be all the same without any changes, just same old same old thing.
On ethereum we have 2.0, we have proof of work becoming proof of stake, which means more reasons to hold it and not give it to a casino. Now when you have ETH investment and there is 10k eth invested and you get to bet 100 eth, suddenly that could be 100 eth invested and 1 eth gambling, don't you see how that would be bad for the casino?
whta do we need to fill in yolodice when you log in. I forgot to save the email that I use in yolodice site and I am not sure anymore what password I used but I do remember the name and user id number of my account. I haven't tried to contact the support email yet and one more thing is I set my wallet address when withdrawing btc but the wallet doesn't support sign message so logging in would be hard for me. Anyone can help?. Is it username?, email?, or user id.
When you login, you would use a login name that you set when you made the account (not email or UID). It could have been the same as your chat username (if you used the same for both), but most people do not use the same for both.I saw your ticket in the support mail, and I already marked it for Ethan (he is the only one that can help with account recovery stuff) as soon as I saw it, but he has not been online yet. Once he is, he'll see it and maybe he can help you.
^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.
However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.
However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.
Understood. But that's all speculation. No one knows what investors of ETH would do. And looking at the historical stats on yolodice its far more lucrative to keep ETH on there (once investing would be open) than it would be to get the staking rewards. Obviously there is more risk to being an investor vs. staking.
Also, we don't know what Ethan could be up to in regards to the staking. I think it would be cool if he implemented staking to the website on top of the ETH investing. Would make a lot of sense and attract a lot of people.
^ I am not arguing over the dynamic one, I am arguing over a reason to not invest ETH compared to other ones. ETH could be dynamic and BTC could be dynamic and LTC and DOGE all could be dynamic, that would mean the max bet would go up and down according to people investing and all of those are fine.
However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.
However, do you see anything changing in bitcoin? Anything major? Halving was about to happen but that didn't required you to have it on your wallet did it? Is there any reason to keep any of the other coins on your wallet? I do not see any, not now and not in a year or so. However eth has a reason to be withdrawn, ETH will be staking and that is why there could be a HUGE drop compared to everything else. Just because its dynamic doesn't mean BTC investor will pull all of it at the same time for a collective reason, but ETH investors could do that with the 2.0 proof of stake version.
What you explained is the definition of dynamic. Thats exactly how I would explain it. If someone adds a big investment to the bankroll the max bet goes up. If a lot leaves, it goes down. It adjusts as the bankroll does.....
I had to explain the same exact thing to someone in DM chat asking why the max bet keeps changing if it is dynamic,,, and I had to keep telling them that dynamic is the opposite of static. Which, in any case, does not happen in most crypto casinos because their max bet and max wins are usually based on the total available bankroll whether or not they accept public participation to bankroll.
Now I know that not everyone will up and leave all together but you can't really just risk that could you? I could do that in any other currency because there isn't much going on with them, but eth will have staking, so people may take their money out to go out and stake with it. I still think its too risky.
I do not understand what you mean by risk. What exactly is the risk you are talking about here?
Um no,,, Yolodice has its own houseroll obviously, otherwise how else does it offer and pay out in ETH when there was no investments available for ETH? If every single person pulls out, then the house obviously cannot offer the same max bet/win but at worst that leaves it just as it was before investments opened.
The difference is, when they have their own bankroll to offer gambling that has a max bet that is strict and not changing too much, when you allow investments your max bet suddenly shoots up higher. So, if you offer ETH investment and people gamble with higher max, that's fine, when they take out all of their ETH and leave Yolodice with their own bankroll and nothing else that will cause the max bet to drop significantly all of a sudden and that would cause a trouble, specially when eth is so much valuable and people want to earn a lot of it as soon as possible.So, either you do not offer investment at all, or if you do somehow you need to keep it high as well. A casino can't just offer 100 eth max bet and 10 eth max bet back to back in a day, you have to have some stability.
I mean it's a dynamic backroll and dynamic max bet. I highly doubt every investor would just up and leave the bankroll all at once. And if that did happen, then the site obviously has to drop the max bet.
Now I know that not everyone will up and leave all together but you can't really just risk that could you? I could do that in any other currency because there isn't much going on with them, but eth will have staking, so people may take their money out to go out and stake with it. I still think its too risky.
What you explained is the definition of dynamic. Thats exactly how I would explain it. If someone adds a big investment to the bankroll the max bet goes up. If a lot leaves, it goes down. It adjusts as the bankroll does.....
Um no,,, Yolodice has its own houseroll obviously, otherwise how else does it offer and pay out in ETH when there was no investments available for ETH? If every single person pulls out, then the house obviously cannot offer the same max bet/win but at worst that leaves it just as it was before investments opened.
The difference is, when they have their own bankroll to offer gambling that has a max bet that is strict and not changing too much, when you allow investments your max bet suddenly shoots up higher. So, if you offer ETH investment and people gamble with higher max, that's fine, when they take out all of their ETH and leave Yolodice with their own bankroll and nothing else that will cause the max bet to drop significantly all of a sudden and that would cause a trouble, specially when eth is so much valuable and people want to earn a lot of it as soon as possible.So, either you do not offer investment at all, or if you do somehow you need to keep it high as well. A casino can't just offer 100 eth max bet and 10 eth max bet back to back in a day, you have to have some stability.
I mean it's a dynamic backroll and dynamic max bet. I highly doubt every investor would just up and leave the bankroll all at once. And if that did happen, then the site obviously has to drop the max bet.
Now I know that not everyone will up and leave all together but you can't really just risk that could you? I could do that in any other currency because there isn't much going on with them, but eth will have staking, so people may take their money out to go out and stake with it. I still think its too risky.
Well it makes sence, doesn't it?
If by some miracle ETH shoots back up to $1k, everyone will want to take it out ASAP, practically leaving Yolodice dry
If by some miracle ETH shoots back up to $1k, everyone will want to take it out ASAP, practically leaving Yolodice dry
Um no,,, Yolodice has its own houseroll obviously, otherwise how else does it offer and pay out in ETH when there was no investments available for ETH? If every single person pulls out, then the house obviously cannot offer the same max bet/win but at worst that leaves it just as it was before investments opened.
So, either you do not offer investment at all, or if you do somehow you need to keep it high as well. A casino can't just offer 100 eth max bet and 10 eth max bet back to back in a day, you have to have some stability.
I mean it's a dynamic backroll and dynamic max bet. I highly doubt every investor would just up and leave the bankroll all at once. And if that did happen, then the site obviously has to drop the max bet.
Well it makes sence, doesn't it?
If by some miracle ETH shoots back up to $1k, everyone will want to take it out ASAP, practically leaving Yolodice dry
If by some miracle ETH shoots back up to $1k, everyone will want to take it out ASAP, practically leaving Yolodice dry
Um no,,, Yolodice has its own houseroll obviously, otherwise how else does it offer and pay out in ETH when there was no investments available for ETH? If every single person pulls out, then the house obviously cannot offer the same max bet/win but at worst that leaves it just as it was before investments opened.
So, either you do not offer investment at all, or if you do somehow you need to keep it high as well. A casino can't just offer 100 eth max bet and 10 eth max bet back to back in a day, you have to have some stability.
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