It's kind of a bit risky I would say, because you risk even investing in BTC, but here you also risk investing in a casino and an altcoin which depends on a success of a single project (Just-Dice.com). There seems to be some other little projects, but they would hardly save the day if something would happen to Just-Dice.
Bla bla, ok I'm gonna grab some CLAMS and try this
Bla bla, ok I'm gonna grab some CLAMS and try this
True enough but if JD still had a Bitcoin bankroll I would use their site.
Nothing like getting a portion of the gambling revenues from the whales eventually (variance and all) but at least with Clams the coins value is smaller but it has a stake so an addtional revenue model is nice, it does add two additonal layers of risk verus Bitcoin one it adds an Altcoin to the mix then the price of Bitcoin as an additional relation, and second operator risk, still it is better than most of the ideas I've seen in the thread so far, conversion considered its been pretty stable.
Old members can just claim free clams and turn them to BTC using their old Bitcoin addresses and move any balance in them to a new address without even needing to buy any clams from an exchange so free BTC in a sense (And I won't get in trouble for saying its practically a giveaway for oldies whistle) all it requires is a 2.53 percent increase in effort to be precise ha-ha
https://bitcointalk.org/index.php?topic=623147.msg11264272#msg11264272
Why clams? All these other elements seem OK but clams??? Using BTC or some other more prominent alt would be much easier option.
They get a few things in one shot using clams. Yes, it increases the risk for you to invest, but at the same time they promote an altcoin of their choice and probably reduce the risk of catching any legal troubles. BTC gambling I would think is under closer attention by authorities than gambling with some relatively unknown asset... Especially having in mind the way they distributed that asset.
As I mentioned I really gonna try it. And might report any experiences or luck/unluck later
