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Showing 20 of 47 results by themagicdrake
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Topic
Board Gambling
Re: DiceBitco.in | BE THE BANK ! | 1% House Edge | 7500+ BTC BANKROLL | INSTANT!
by
themagicdrake
on 08/09/2014, 14:50:58 UTC
I invested when site profit was 100, watched it pretty close for a couple days, decent profits...then the sh*t hits the fan this weekend and investors bail, leaving me with a high percentage of the remaining bankroll. It's fairly obvious that there is some cheating going on, and it sucks to get burned by it!  
Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
themagicdrake
on 13/11/2013, 15:37:56 UTC
Double plot twist: It was Labcoin making the purchase.  Shocked


 Wink
Triple twist it was just me trying to see if customers where actually asked to pay.

Proof: login on yopmail with "cattogocy-7562"
I even put 22 Acacia Avenue as an address (obviously fake right?)

What I didn't expect was the announcement here before any actual payment!

Ken's announcement was hours before those emails
Post
Topic
Board Archival
Re: btt
by
themagicdrake
on 09/10/2013, 22:45:36 UTC
We wait till creativex tells us where we are going.

He won't let us down

It'd be nice to have a game plan though.

I guess it doesn't really matter to me because the value is at 10% of what I paid.
Post
Topic
Board Archival
Re: btt
by
themagicdrake
on 09/10/2013, 21:26:00 UTC
So, is this a lost cause now?
Post
Topic
Board Archival
Re: btt
by
themagicdrake
on 07/10/2013, 15:09:22 UTC
Should BASIC come to an end, the current reserve fund would be paid out to investors, correct? My questions, how large is that fund and how many shares are there outstanding?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 25/09/2013, 18:27:04 UTC
I don't get it.

Nakowa would have lost FAR more today had the max bet remained 1%. How is this unfair?

Was it a rushed decision? Sure. Unfair? Hell nahhh.

He'd keep playing until he was satisfied with his profit. With the variance, he has a large enough bankroll to come back.
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 25/09/2013, 16:40:48 UTC
It is my belief that he would have brought the 1% max profit down this low on his own by beating the house, before bankrupting himself first.
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 25/09/2013, 16:33:01 UTC
So, if he comes back from his current loss and takes the site profit further into the negative, you all will still be complaining about max profit being too low, right?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 23/09/2013, 21:27:42 UTC
Here is a simulation of someone betting the max bet on JD with an unlimited bankroll.  After 2,000 max bets, how far up or down might they be?  What would be the peak profit during that time?  This is relevant for determining how lucky Nakowa is.  Nakowa is up about 50 max bets at the moment, off of around 2000 max bets wagered.


so...you're saying there's a chance?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 21/09/2013, 07:28:17 UTC
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 21/09/2013, 07:21:09 UTC
What's the possibility that someone gained access to the server seed?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 13/09/2013, 17:41:00 UTC
I invested at the worst time possible, and I am still at a small loss.

It confuses me when I see people saying that still.  Even if you invested at the peak before 'celeste' won 4k BTC from the site I would expect you to have been back in profit some time ago.  Here's the chart of site profit over time:

http://i.imgur.com/4JlC5Xe.png

The chart doesn't show how the bankroll size has changed over time.  It's possible that you took a large share of the losses, and a smaller share of the subsequent recovery, but even allowing for that I would expect you to be back in profit by now.

Did you reduce your investment significantly at or near the bottom?  Because that would do it...

What does 1% edge 3900 BTC mean? What's the difference between that line and just the 1% edge line. Is that the 4k Ceeste mishap?

In other words, we can expect to follow the 1% edge 3900 BTC line from here on out?
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
themagicdrake
on 13/09/2013, 15:54:46 UTC
Where'd the November date come from as far as ActM's miners going live? Is that unofficial?
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
themagicdrake
on 12/09/2013, 15:12:42 UTC

Also share price is getting smoked on Bitfunder, pretty steady above 3 on btct

What's up with the huge discrepancy?

Most of the Bitfunder crowd got in around 0.0005 and 0.0008, so what do you expect in vacuum of useful information. 

Right, I knew about that, but why aren't people selling on BTCT to increase either profit or number of shares, or both by buying on BitFunder?
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
themagicdrake
on 12/09/2013, 15:02:48 UTC

Also share price is getting smoked on Bitfunder, pretty steady above 3 on btct

What's up with the huge discrepancy?
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 10/09/2013, 21:24:33 UTC
I love current simple design, please don't change it Smiley

You don't think perhaps it could be made a little more modernish looking? have you tried letsdice, its really smooth.

Either way I hope our 1% edge retains our position as the dice site to gamble at Smiley

I don't like their design any better. The auto-bet thing is super cool though. JD could implement something similar.
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 05/09/2013, 16:14:32 UTC
Wrong. If overall investment decreases, your piece of the cake gets bigger.

You also share a higher percentage of risk.
Post
Topic
Board Securities
Re: ActiveMining Overview and Speculation Thread
by
themagicdrake
on 05/09/2013, 15:17:41 UTC
Well as usual I bought at the absolute top and now I've lost 20% of my value by the next day. 

Guess I better hold on for awhile and hope it climbs back up to .007 Sad
Patience...I'm holding my horses until November.
Post
Topic
Board Service Announcements (Altcoins)
Re: Just-Dice.com : Invest in 1% House Edge Dice Game
by
themagicdrake
on 06/08/2013, 16:20:36 UTC
Does anyone think playing a sound effect for winning would be too annoying?
I was reading this article and thought of JD,haha.

>>When you hear the “ding” that you have a text – The dopamine system is especially sensitive to “cues” that a reward is coming. If there is a small, specific cue that signifies that something is going to happen, that sets off our dopamine system. So when there is a sound when a text message or email arrives, or a visual cue, that enhances the addictive effect (for the psychologists out there: remember Pavlov).


source: http://www.psychologytoday.com/blog/brain-wise/201209/why-were-all-addicted-texts-twitter-and-google
Post
Topic
Board Securities
Re: ASICMiner franchise plans: can now scale quickly without dominating the network
by
themagicdrake
on 26/07/2013, 19:35:20 UTC
I think it's a pretty interesting idea, but...
excessive hashing power

currently, they are not at that "desired number" of 20% of the network.