Just-Dice.com : now with added CLAMs : Play or Invest

[MasterP4]

Note: I tried to get a proof of this with my balance and a calculator but didn't got the same results maybe I'm missing something or using the calculator wrong (like most of the time) so better wait to someone else with better maths to confirm if it is like i wrote it.

You got all the details right:

...

Here's how the calculation works. Divide your onsite amount by the total onsite amount, multiply by 0.9 and multiply by the stake amount. That will give you your share of the stake reward. For example:

Thank you dooglus your formula works like a charm. the approach that was taking was way more longer and results didn't was not even close to be right so that's was why i didn't posted it. I was trying to apply a rule of 3 to know what percentage of the onsite bankroll represented my onsite coins, then tried to know how many clam was that on a given stake message and see if it matched with the "your share" part of the stake message. At that point my result was super wrong so I didn't even bother to deduct the -10% commission.

The moral of this: use dooglus' formula. lol

[BestWebCreator]

Note: I tried to get a proof of this with my balance and a calculator but didn't got the same results maybe I'm missing something or using the calculator wrong (like most of the time) so better wait to someone else with better maths to confirm if it is like i wrote it.

You got all the details right:

1) stake rewards are split in proportion to onsite invested amount
2) rewards are accumulated and given out every 3 minutes
3) 10% is taken off the top of the staking rewards before they are given out, not at the end of the week

Here's how the calculation works. Divide your onsite amount by the total onsite amount, multiply by 0.9 and multiply by the stake amount. That will give you your share of the stake reward. For example:

Thank you dooglus for your explanation.
Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

Thank you in advance!

[MasterP4]

Thank you dooglus for your explanation.
Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

Thank you in advance!

I don't know the exact amount now, but dooglus has said in the past that Just-Dice usually stakes an average of 1200 clams per day, but since the site have invested almost the same percentage (over 75% of all Clams in circulation) as in the past I think they should not be a huge difference in the amount that is staked daily on Just-Dice now, recently dooglus also told that Just-Dice staking wallet has show some strange variance that has made the performance drop a little bit so I guess that must put the average a little under the 1200 Clams per day.

As external data you may be interested, Clam produce 1 stake per minute with 1 Clam as Block Reward that give a total of 1440 Clams per day to the Clam Blockchain, as you can see Just-Dice is a huge staking machine.

[BestWebCreator]

Thank you dooglus for your explanation.
Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

Thank you in advance!

I don't know the exact amount now, but dooglus has said in the past that Just-Dice usually stakes an average of 1200 clams per day, but since the site have invested almost the same percentage (over 75% of all Clams in circulation) as in the past I think they should not be a huge difference in the amount that is staked daily on Just-Dice now, recently dooglus also told that Just-Dice staking wallet has show some strange variance that has made the performance drop a little bit so I guess that must put the average a little under the 1200 Clams per day.

As external data you may be interested, Clam produce 1 stake per minute with 1 Clam as Block Reward that give a total of 1440 Clams per day to the Clam Blockchain, as you can see Just-Dice is a huge staking machine.

Interesting facts, so when 1440 clams are getting created everyday, will this number that is being created everyday increase? Since there are more total clams so the total stake per day also increases? So if the price stays the same and I stake for a year, I will make profit.

[dooglus]

Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

Interesting facts, so when 1440 clams are getting created everyday, will this number that is being created everyday increase? Since there are more total clams so the total stake per day also increases? So if the price stays the same and I stake for a year, I will make profit.

No, the difficulty of staking is automatically adjusted so that the network as a whole stakes one block per minute on average. Each block awards 1 CLAM (plus transaction fees) to the staker. So that's 1440 CLAMs per day.

Even though the rate of staking is constant at 1440 CLAMs per day, you will still make a profit if you stake for a year and the price remains the same. But I see no reason why the price should remain the same - the number of CLAMs in existence is constantly increasing, so it kind of makes sense to me that the value of each individual CLAM should decrease at a similar rate. It's the market cap that we would expect to stay the same, not the price per unit. By what do I know.

[BestWebCreator]

Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

Interesting facts, so when 1440 clams are getting created everyday, will this number that is being created everyday increase? Since there are more total clams so the total stake per day also increases? So if the price stays the same and I stake for a year, I will make profit.

No, the difficulty of staking is automatically adjusted so that the network as a whole stakes one block per minute on average. Each block awards 1 CLAM (plus transaction fees) to the staker. So that's 1440 CLAMs per day.

Even though the rate of staking is constant at 1440 CLAMs per day, you will still make a profit if you stake for a year and the price remains the same. But I see no reason why the price should remain the same - the number of CLAMs in existence is constantly increasing, so it kind of makes sense to me that the value of each individual CLAM should decrease at a similar rate. It's the market cap that we would expect to stay the same, not the price per unit. By what do I know.

Hey dooglus, thank you for your explanation, it cleared up alot of things for me.
Don't u know me from the just-dice chatbox? I was prety active there in february/march, untill I got a big 250$ loss and quited gambling. Now I just show up to chat and chill with the community

[dooglus]

Hey dooglus, thank you for your explanation, it cleared up alot of things for me.
Don't u know me from the just-dice chatbox? I was prety active there in february/march, untill I got a big 250$ loss and quited gambling. Now I just show up to chat and chill with the community

Yes, I remember you. I said hi to you when you turned up recently I thought.

[BestWebCreator]

Hey dooglus, thank you for your explanation, it cleared up alot of things for me.
Don't u know me from the just-dice chatbox? I was prety active there in february/march, untill I got a big 250$ loss and quited gambling. Now I just show up to chat and chill with the community

Yes, I remember you. I said hi to you when you turned up recently I thought.

That is cool
I will be online in the coming periods to have some fun at your site, I always come back, no matter what. I think it is because of the staking that attracts me to comeback everytime, and ofcourse the lovely people that are around 

[andulolika]

Hey dooglus, thank you for your explanation, it cleared up alot of things for me.
Don't u know me from the just-dice chatbox? I was prety active there in february/march, untill I got a big 250$ loss and quited gambling. Now I just show up to chat and chill with the community

Yes, I remember you. I said hi to you when you turned up recently I thought.

That is cool
I will be online in the coming periods to have some fun at your site, I always come back, no matter what. I think it is because of the staking that attracts me to comeback everytime, and ofcourse the lovely people that are around 

JD is the house of many , it will be nice to see you around.

[ferryfh]

Hey Doug, please reply my ticket, I have problem since 2 weeks ago, someone stealing my balance.
Better you read from first email here, I'm copy from my ticket. Please investigate.

==================

Ticket Status:    Open
Department:    Support
Create Date:    2016-08-14 11:39am
   
Name:    Ferdinand Halim
Email:    ferryfh@yahoo.com
Phone:    

Subject: someone steal my balance.
2016-08-14 11:39am    Ferdinand Halim
Hello,

I'm running dice using bot in VPS for more than 3 months.
Why suddenly my balance became nil, i check into web login there was withdrawal by someone.

My user : ferryfh
Amount 1007 Clam gone, why ?
My vps only me know the password.

Please check and inform, it;s not me make WD.

http://khashier.com/tx/3492cfe70c24e105ba2426427b5cf4d2d998015671e8e30a64faf76420eff019 strange

You can see at Clam Speech : Who Win

Please investigate.

Thank you
2016-08-14 11:48am    Ferdinand Halim
Here is the latest bot on my VPS.

I'm waiting your investigate, thank you.
lose-dicolong.jpg(345.1 kb)
2016-08-28 8:10am    Ferdinand Halim
Almost 2 weeks, I have no respond about this ticket ?

Your support very bad, I'm still want investigate why by balance became nil!

[dooglus]

Hey Doug, please reply my ticket, I have problem since 2 weeks ago, someone stealing my balance.
Better you read from first email here, I'm copy from my ticket. Please investigate.

[...]

Almost 2 weeks, I have no respond about this ticket ?

Your support very bad, I'm still want investigate why by balance became nil!

Sorry about that. I have responded now. But I don't think there's anything I can do.

Someone logged in to your account using your username and password and withdrew your balance. I don't know how they got your password, but they got it righton the first attempt so it wasn't brute-forced.

I would recommend contacting Poloniex and seeing if they can work with you, since I think that's where your coins were withdrawn to.

[ferryfh]

I hope this not happen in future.
Can you update the security, in case someone want to login with 3 times error then you have send members notification ?
It's better for all user i think.

Thanks.

I'm also just sent you email, i can not login to my account.
User is snoopy73

My email : ferryfh@yahoo.com

Thanks

[dooglus]

I hope this not happen in future.
Can you update the security, in case someone want to login with 3 times error then you have send members notification ?
It's better for all user i think.

Thanks.

I'm also just sent you email, i can not login to my account.
User is snoopy73

My email : ferryfh@yahoo.com

Thanks

Your account is locked because someone tried to log in 3 times and got the 2FA wrong each time.

I have replied to your ticket.

[user11]

Can you suggest me any clam online wallet to use for deposits and withdrawal at just-dice?

[MasterP4]

Can you suggest me any clam online wallet to use for deposits and withdrawal at just-dice?

As far I can see in the Clam thread, no online clam wallet are available, you can use exchange sites or sites that offer Clam services like Just-Dice but that is not very secure, specially with exchanges sites, Just-Dice is fine because is a service that have been running without issues for more than 3 years, also most all the Clams in circulation are there, but is usually because people want to stake and invest there.

 If you're looking to have control of your Clams locally you should consider the official Clam Client that is on the Clam thread, you will need to take a time to sync it, but after that you will have control of your wallet better than using a 3rd party. Also you need to take measures to protect your clams in your computer like encrypting your wallet and stuff like that. Anyways if someone knows about a trusted online Clam wallet option besides Just-dice they will soon or later inform us here.

[BayAreaCoins]

Can you suggest me any clam online wallet to use for deposits and withdrawal at just-dice?

Just-Dice is the best online wallet.

Have dooglus block betting on your account if you need and then you can use a fresh account if needed to play.

[drawingthesun]

Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

So JD holds the vast majority of all the clams? Or did I read that wrong?

[Timetwister]

Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

So JD holds the vast majority of all the clams? Or did I read that wrong?

Why would you keep your CLAMS in any other place?

[dooglus]

Do u know by any chanche how much clams are staked every 24 hours on just-dice.com?

You can see daily stats here: https://just-dice.com/misc/wagered.txt

It looks like it's been around 1300 per day recently.

So JD holds the vast majority of all the clams? Or did I read that wrong?

JD holds around 66% of all the CLAMs (that have been staked or dug up), but stakes a considerably higher percentage of the coins staked each day.

The reason for the difference is that the 2nd biggest holder is likely poloniex, and they don't stake their coins at all.

[BayAreaCoins]

The reason for the difference is that the 2nd biggest holder is likely poloniex, and they don't stake their coins at all.

I never understood why they wouldn't stake and take a 10% cut of coins earned or something.

They make more money and they help decentralize the coin that they are risking their asses on by accepting deposits...