Not that Nitro cares, but I recently won 6.67 btc in some sports betting after being down. So I went on DICE just to roll a few times and do a test of their algo's too. So i tested prior to my win with some super small amounts and the %'s of winning seemed to be right for what I had it set to. So as a test I decided to try big values and look at the instant behavior change lol. They claim provably fair on dice but I think something fishy occurred and they have background code that checks the btc values and forces losses more frequently.

Take a look and heed this warning users of Nitro, do not use their DICE feature:


Rolling with low values system behavior:

https://postimg.org/image/l8uwifv3d/ ,

Vs rolling with high value system behavior(close enough to the same win % chance rates):

https://postimg.org/image/blgu1a2mn/ ,

tested it pretty well but did not feel like burning any more precious btc into it.

I talked with others in the nitro chat and many said they found similar behavior where low values tended to win more frequently than attempting big coin rolls.

I may have gotten my 6.67 btc ripped from me but you don't have to! Play only sports where you know 100% whats going on in the background because I don't trust Nitro anymore.

Thanks,
satoshiBoss[65582]

After researching on your project I wish to carry your signature, but the total tokens for signature campaign is not mentioned in your announcement post. Please can you include the amount of BCDN tokens for the campaign.

Thanks

Gatecoin announced listing
https://twitter.com/Gatecoin/status/790573324359258113

OK COIN STILL NEW WE NEED WAIT ALL INFO?RIGHT?

see this picture in thread iconomi

Let's examine this good example a little more to help me (and everybody else) understand just how this is gonna work.

Assume next week at launch that ICONOMI puts 7K BTC into ICNP and then gets 4X on the investment during Year One for a total of 28,000BTC as described above.  Subtract out the original 7K investment and you get the 21K profit mentioned above.  So far so good.

Say ICNP makes equal profit every week in Year One.  Then the weekly ICNP profit is 21K / 52 weeks = 403.85 BTC profit per week, right?

20% of the weekly profit is distributed as dividends to all ICN token holders.  So 403.85 BTC * 0.2 = 80.77 BTC would be distributed per week as dividends, right?  

We've currently got 85M ICN tokens spread among roughly 3500 ICO investors so the average stake is 85,000,000/3500 = 24.3K ICN (round number).   Investors paid the ICO price of 0.13 USD per ICN or 0.00021228 BTC per ICN for each of their tokens.  Total ICO costs for an average 24.3K ICN stake is thus $3159 or 5.15 BTC.  This assumes 1 BTC = $613.40.

Each of these average 24.3K ICN stakes would get an equal amount of the weekly profit, or 80.77 / 3500 = 0.023 BTC per week, right?  Worth a weekly 0.023 * 613.40 = $14.10, or an annual $14.10 * 52 = $733.20.

Bottom line: IF ICNP hits the example 4X per year profit, the "average" ICN investor stands to make $733 per year in dividends on his $3159 ICO investment JUST FROM THE ICNP FUND.

@ ICONOMI, a question - in this example, ICONOMI has to come up with 80.77 BTC = $49.5K (approx.) per week of cash to distribute as dividends.   ICONOMI gets this cash by trading that amount of ICNP coin holdings into ETH and distributing the ETH - Is this correct?