Post
Topic
Board Service Announcements (Altcoins)
Sell or not
by
PacoMartin
on 27/06/2014, 02:55:26 UTC
Thanks - so why doesn't he just sell it to someone if he's not planning to run it anymore?

I'm sure he's weighing his options. Look at it this way. the Canadian government may decide that dooglus doesn't have to collect personal data on investors of 100BTC or less. Now as of his last report, the investors under 100 BTC summed to only 10,723 BTC out of the bankroll of 53,280 BTC.

Now could he open Just Dice with a 10K bankroll (max profit of 50 BTC). Absolutely. Plus dooglus can't be responsible for people who open up multiple accounts of one satoshi less than 100 BTC.

Personally, I think JD would be more profitable with a smaller bankroll. I think that even with a 50 BTC or a 100 BTC limit, there would be plenty of activity, and return for the investors would be higher since they are split among a smaller group.

Look at the numbers for doge-dice. I know they are very small compared to just-dice, but note that profit is 50% bigger than invested. For just dice the profit was much smaller than the amount invested because of whale activity. If you were an investor of JD for under 100 BTC you would have been smarter to pull it out and invest in doge-dice (assuming bitcoin doesn't keep inflating).

BTC
195,160 wagered
2,272 profit

611,254,823 bets