Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : now with added CLAMs : Play or Invest
by
BestWebCreator
on 19/07/2016, 20:14:33 UTC
Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

Interesting facts, so when 1440 clams are getting created everyday, will this number that is being created everyday increase? Since there are more total clams so the total stake per day also increases? So if the price stays the same and I stake for a year, I will make profit. Roll Eyes

No, the difficulty of staking is automatically adjusted so that the network as a whole stakes one block per minute on average. Each block awards 1 CLAM (plus transaction fees) to the staker. So that's 1440 CLAMs per day.

Even though the rate of staking is constant at 1440 CLAMs per day, you will still make a profit if you stake for a year and the price remains the same. But I see no reason why the price should remain the same - the number of CLAMs in existence is constantly increasing, so it kind of makes sense to me that the value of each individual CLAM should decrease at a similar rate. It's the market cap that we would expect to stay the same, not the price per unit. By what do I know. Smiley
Hey dooglus, thank you for your explanation, it cleared up alot of things for me.
Don't u know me from the just-dice chatbox? I was prety active there in february/march, untill I got a big 250$ loss and quited gambling. Now I just show up to chat and chill with the community Smiley