Post
Topic
Board Securities
Re: [POLL] Just-Dice INVESTORS: Do you agree with lowering the max bet?
by
Deprived
on 25/09/2013, 21:24:14 UTC
The number of people disagreeing with Dooglus outnumbers those agreeing by 2:1.

I hope he reconsiders what he's done.  He listened to mechs instead of listening to 30,000BTC in investors who left their money in at 1%.

+1  
Setting your own risk % is the solution to this madness.

What would happen then if I always increased my risk % to something high like 2.5% when the fishes were playing, and then decreased back to 0.25% when a whale comes along?  

You will lose the big wins. Think of it as a less extreme version of divesting when the whale comes along.

OK that makes sense.  But what if I also increase to *over* 1% when the fishes are playing?  Like Oleander pointed out, would I not be diluting all the other investors that don't actively manage their account?

Easily fixed - only allow people to change their risk level once per day.  Then people can't game it - and have to pick the risk level they'll take for ALL action.  The house doesn't need backing for the small bets - so if you want a share of those you should also have to take a similar part of the big action.  People could still divest/reinvest when whales were around - but there's no stopping that whilst giving people control of their money.  And the people who routinely divested when he bet before at 1% risk will likely do the same at .25% risk if a whale starts winning again - so it's not a new problem.