Quote from: ranlo on January 13, 2015, 06:45:42 AM

Quote from: dooglus on January 12, 2015, 07:03:39 PM

Quote from: picolo on January 10, 2015, 06:10:06 PM

Sorry my post was badly phrased, I rephrased it. On one hand, it is likely that CLAM will be more used as time passed which is bullish for CLAM. But on the other hand right now most CLAM use is for just-dice so it is bearish for CLAM because it means CLAM high price is very dependent of one bitcoin casino and one bitcoin user dooglus.

I'm working on a feature for Just-Dice that will allow investors there to only deposit a fraction of their CLAMs and still have them all invested. It will use the CLAMs they deposit as collateral, and effectively lend them the rest to invest.

I'm hoping this will solve the issue we have with centralisation. If the biggest holders of CLAM at JD take advantage of this feature and move the majority of their balance offsite, Just-Dice should end up with way less than 50% of the CLAMs, which would be good for CLAM as a whole. Nobody wants to see over 50% of the CLAMs in a single centralised location.

On the other hand, what if as well as moving their coins offsite they also then dump them on an exchange, deciding that it's safer to hold them in BTC. That would be bad for the price, and may well end up with the coins being bought on the exchange and redeposited back onto JD by their new owners...

I guess we'll see how it goes.

I have a prototype up and running with play coins at doge-dice.com - you get 1000 free play coins when you visit, and you can get your 'loan' by typing /cold in the chat after investing.

I wasn't considering people dumping, but that makes sense as well. In any case, I am thinking it's probably better to have the outcome come out now, rather than later. It will help better analyze the market and see how things are going to work out.

doge-coin now redirects to just-dice.
The new feature will allow potential bigger profit so it could be bullish for CLAM Wink

Some investors will get burn and lose their CLAM which means they will have to buy more CLAM to re-invest.