Post
Topic
Board Securities
Re: playtin shares - 2%/week
by
00null
on 14/03/2014, 04:33:53 UTC
00null, your motive for talking on about playtin is not understood. Do you care to be more
transparent as to why you keep saying, "Come on in, the water's fine"?
Well, I am playing there since about 1 year. Never had any issues. And now I own shares and those can be traded inside. I think it is possible to make some profit from buying and selling shares Wink

Can you show (within this forum space) how the casino is provably fair? (I'd love to see a txid from
one of your recent bets).
This casino does not spam the blockchain, like the old SD, it works like JD.
You can verify all bets. Like this one:
https://playt.in/#verify#pzgOrJ7EBrbOWid0wMhjyQ9eC3kqBHgpf9OlPvHzn84MbU

Anyway, a 100BTC is a lot of coin to risk on a low volume, low purse casino. It will likely
take much more than you reporting 0.3%/day return on investment. If you want to grow
the success of this casino, please explain how they intend to grow their business model.
As far as I understand this: for each new share that is invested, the bankroll is increased. This increases the max-bet of all games. A higher max-bet means higher profit. Basically, it is a model quite similar to just-dice.

BTW, I don't think the minimum is for new shares is 100 BTC. It seems that there is a fixed fee and the more shares one creates the lower the fee per share.
So right now, for 10 shares the price would be 1.8 BTC/share, for 100 shares it is 1.08 BTC/share, for 1000 is would be 1.008 BTC/share.
Current highest bid price is 1.26 BTC, so there is some opportunity there, but I am not rich enough for this...

But to keep you informed, I got 0.00293747 BTC per share today Wink

Ultimately, I am asking for some "investment worthy" information.
Yeah, some statement/information from playtin would be really great...