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

[mikescott077]

Hey my friend uses this site may look into this

[enryk]

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

[picolo]

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

[caga]

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

Its actually bullish for the price. But dont know, Might be good. Just like when JD started accepting CLAM , prices went up.
So it wouldnt necessarily mean that prices will go down.

[uvwvj]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

[Josepht]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

Too bad he can't cash it all out. If he only sold 8000 clams, the price would already be halved.
I'm sure he can't cash out all of the clams profit he makes.

Same goes for all the BTC he gained from JD. If he sells them all, price will go down a lot.

[cloverme]

Too bad he can't cash it all out. If he only sold 8000 clams, the price would already be halved.
I'm sure he can't cash out all of the clams profit he makes.

Same goes for all the BTC he gained from JD. If he sells them all, price will go down a lot.

Agreed, the clam economy is pretty fragile since it spiked just on the fact that JD adopted it. If one were to dump and cash out a large number of clams, the supply would overrun the demand and the price would fall. I'm sure over time some clams would need to be exchanged to pay for services to keep the site running.

[thompete]

5000 BTC would get eaten in a day off the market right now.

I doubt that. The market has never been more than 200 BTC per day for cloud.
5000, is what they see combined for 5 days of exchange for all coins on trex.

[Lorenzo]

I'm surprised. And here I was thinking that Just-Dice was dead. Well it looks like it's back, and now with something called "clams" instead of the usual bitcoins. I was wondering why I could see JD sigs still around these parts. And here's the reason why.

Yeah, it was an attempt at downsizing.

The entire active moneysupply of CLAM is currently worth way less than a million dollars, meaning things won't get nearly as huge as they did when we were using BTC as the site's currency.

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

[romerun]

liquidity of course. Nobody really puts Millions $ into clam or alts, but ppl do put M$ on btc.

[ranlo]

liquidity of course. Nobody really puts Millions $ into clam or alts, but ppl do put M$ on btc.

Not only this, it adds a second layer of volatility. Not only do you deal with CLAM volatility, but then BTC as well.

[hopenotlate]

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

If I understood correctly there is also a fiscal aspect that brought JD stop operating in btc and now reopening adopting clams: it was due to the fact that tc may be easily and directing traded for USD meanwhile CLAM still not.

But I may be completely wrong because I vaguely remember something like this but I really can't say where I read it.

[ranlo]

I'm not him but if 350 CLAMs = 1 bitcoin (roughly), then what difference does it make whether people have invested 350,000 CLAMs or 1,000 BTC?

How does switching to a lower-value coin like CLAMs prevent people from depositing too much money? Wouldn't people take into account the lower value of the CLAMs vs. BTC and just gamble/invest more CLAMs (thus depositing the same amount of money)?

If I understood correctly there is also a fiscal aspect that brought JD stop operating in btc and now reopening adopting clams: it was due to the fact that tc may be easily and directing traded for USD meanwhile CLAM still not.

But I may be completely wrong because I vaguely remember something like this but I really can't say where I read it.

Doog had basically said it (when he said he was closing due to legislation changes in Canada -- I believe it was CA) back when he closed JD originally.

[picolo]

Seems fortunejack will start accepting CLAM from next week. Great news for CLAM.

More websites accepting CLAM is bullish on CLAM but as it is more known people will dig their CLAM so more coins will find their way to the exchanges.

JD is ONLY accepting CLAM which means you need to buy/dig CLAM to play on JD.

Its actually bullish for the price. But dont know, Might be good. Just like when JD started accepting CLAM , prices went up.
So it wouldnt necessarily mean that prices will go down.

If the demand is stable and the supply goes up the price will go down.

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

If the price of CLAM, amount of CLAM wagered, luck stay the same it would mean the investors would get 520k CLAM (-10%) so a 140% profit. Hum Hum

[seuntjie]

Seuntjie DiceBot Update:

  added support for http://safedice.com
  changed the way simulations are run. They will now be accurate to your simulation
  Fixed Zig zag bug (again)
  fixed reset seed bug on 999dice
  fixed charts
  added bet verification algorithms for other sites and fixed JDs.
  added a quick way to switch between algorithms. See  for details.

Newest Version: 2.5.4
Complete download: http://sourceforge.net/projects/seuntjiejddb/files/Complete%20Release/DiceBot-2.5.4.zip/download
         alternate link: http://www.seuntjie.com/Downloads/DiceBot-2.5.4.zip
Update only: http://sourceforge.net/projects/seuntjiejddb/files/Update%20Only/DiceBot-2.5.4.exe/download (replace previous .exe with this one, requires v2.5 or newer)
         alternate link: http://www.seuntjie.com/Downloads/DiceBot-2.5.4.exe

Source available at: https://sourceforge.net/p/seuntjiejddb/code/ci/master/tree/

Full bot details: https://asktom.cf/index.php?topic=307425
See Beginners guide! https://asktom.cf/index.php?topic=391870

[BayAreaCoins]

Can someone fix my signature as a full Member

High level BTC memebers-

♦  Open!  ♦  ♦  Just-Dice.com  ♦   ♦  1% House Edge Dice Game  ♦   ♦  Play or Invest  ♦
If you had Bitcoin, Litecoin or Dogecoin on May 12, 2014 then the chances are you have free CLAM to claim! Check Just-dice FAQ!

Ya dude I can help you.

Code:

[center][size=8pt][font=Arial][b][glow=#6a6,2,300][url=https://just-dice.com][color=#fff]♦  [u]Open![/u]  ♦ [/color][/url][/glow]  [size=8pt][font=Arial][b][glow=#6a6,2,300][url=https://just-dice.com][color=#fff]♦  Just-Dice.com  ♦ [/color][/url][/glow]  [glow=#6a6,2,300][url=https://just-dice.com][color=#fff] ♦  1% House Edge Dice Game  ♦ [/color][/url][/glow]  [glow=#6a6,2,300][url=https://just-dice.com][color=#fff] ♦  Play or Invest  ♦ [/color][/url][/glow][/b][/font][/size]
If you had Bitcoin, Litecoin or Dogecoin on May 12, 2014 then the chances are you have free CLAM to claim! Check Just-dice FAQ!
www.MyFreeClams.com

Are you using this one? ^

If so try this one:

Code:

[center][size=8pt][font=Arial][b][url=https://just-dice.com][color=green]♦  [u]Open![/u]  ♦ [/color][/url]  [size=8pt][font=Arial][b][url=https://just-dice.com][color=green]♦  Just-Dice.com  ♦ [/color][/url]  [url=https://just-dice.com][color=green] ♦  1% House Edge Dice Game  ♦ [/color][/url]  [url=https://just-dice.com][color=green] ♦  Play or Invest  ♦ [/color][/url][/b][/font][/size]
If you had Bitcoin, Litecoin or Dogecoin on May 12, 2014 then the chances are you have free CLAM to claim! Check Just-dice FAQ!
www.MyFreeClams.com

♦  Open!  ♦  ♦  Just-Dice.com  ♦   ♦  1% House Edge Dice Game  ♦   ♦  Play or Invest  ♦
If you had Bitcoin, Litecoin or Dogecoin on May 12, 2014 then the chances are you have free CLAM to claim! Check Just-dice FAQ!
www.myFreeClams.com

[dooglus]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

I imagine the way it is meant to work is that staking causes monetary base inflation, which causes the price to decrease accordingly.

If everybody staked, they would be "running to stand still" - their number of CLAM would increase at the same rate that the price decreased, and they would retain the same value. So you can't just take 10% of the amount staked, multiply by the current price, and say that's my expected take, as the very act of staking increases the supply, and so drops the price.

Either way your conclusion that the amount staked is expected to be more than the amount won from players seems valid - at least as long as JD continues to hold such a large percentage of the active coins.

I plan to finally implement the feature that will allow investors to hold the majority of their coins locally, so that should change the situation. It's not healthy for a single entity (even one as amazing as JD ) to control the majority of the coins, so I'll do what I can to fix that.

[ranlo]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

I imagine the way it is meant to work is that staking causes monetary base inflation, which causes the price to decrease accordingly.

If everybody staked, they would be "running to stand still" - their number of CLAM would increase at the same rate that the price decreased, and they would retain the same value. So you can't just take 10% of the amount staked, multiply by the current price, and say that's my expected take, as the very act of staking increases the supply, and so drops the price.

Either way your conclusion that the amount staked is expected to be more than the amount won from players seems valid - at least as long as JD continues to hold such a large percentage of the active coins.

I plan to finally implement the feature that will allow investors to hold the majority of their coins locally, so that should change the situation. It's not healthy for a single entity (even one as amazing as JD ) to control the majority of the coins, so I'll do what I can to fix that.

The issue with your idea of holding coins locally is... what's to keep me from saying I have more than I do? Let's say you use 10% as the baseline. I have 30 coins. There's no way for you to know I don't really have 300, so I could just invest the 30 I have and claim I have 10x that.

[chilly2k]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

I imagine the way it is meant to work is that staking causes monetary base inflation, which causes the price to decrease accordingly.

If everybody staked, they would be "running to stand still" - their number of CLAM would increase at the same rate that the price decreased, and they would retain the same value. So you can't just take 10% of the amount staked, multiply by the current price, and say that's my expected take, as the very act of staking increases the supply, and so drops the price.

Either way your conclusion that the amount staked is expected to be more than the amount won from players seems valid - at least as long as JD continues to hold such a large percentage of the active coins.

I plan to finally implement the feature that will allow investors to hold the majority of their coins locally, so that should change the situation. It's not healthy for a single entity (even one as amazing as JD ) to control the majority of the coins, so I'll do what I can to fix that.

The issue with your idea of holding coins locally is... what's to keep me from saying I have more than I do? Let's say you use 10% as the baseline. I have 30 coins. There's no way for you to know I don't really have 300, so I could just invest the 30 I have and claim I have 10x that.

   I asked the same question in another forum topic.

If you put 30 clams in and say you have 300, that's 10% of your total bag.  If the total invested drops by 10% your investment drops by 10% also. 10% of 300 clams = 30 clams so your wiped out and lose your 30 clams.  If you just claimed 30 clams.   10% of 30 clams is 3 clams so you would still have 27 clams invested.   

JD doesn't real care how much you actually have.  The bigger the percentage you claim the more volatile you investment will be.  And once the real investment amount goes to zero you lose it,  there is no coming back from it.     

[ranlo]

Updates on JD/CLAM

Current # of dug CLAMS = 385,216
Price at Polinex 0.003 (CLAM/BTC) *$333 (USD/BTC) = $384K Market Cap (** Does not include undug)

JD Wagered - 808101 CLAMs in 18 days * .01 (House Edge) *365 Days = 163864 CLAM a Year Profit for Site
163864*.003*333 = $163701 USD Profit
Doog gets 10% of Profit - Doogs take $16k USD (fees)

Doog's Big take is Stake
1000 CLAM a day staked at JD * 10% = 100 Clam a day *
100*.003*333=$100 USD * 365 = $36500 a year (MORE THAN GAMBLING PROFIT FEES)

This guy just wins MATH

I imagine the way it is meant to work is that staking causes monetary base inflation, which causes the price to decrease accordingly.

If everybody staked, they would be "running to stand still" - their number of CLAM would increase at the same rate that the price decreased, and they would retain the same value. So you can't just take 10% of the amount staked, multiply by the current price, and say that's my expected take, as the very act of staking increases the supply, and so drops the price.

Either way your conclusion that the amount staked is expected to be more than the amount won from players seems valid - at least as long as JD continues to hold such a large percentage of the active coins.

I plan to finally implement the feature that will allow investors to hold the majority of their coins locally, so that should change the situation. It's not healthy for a single entity (even one as amazing as JD ) to control the majority of the coins, so I'll do what I can to fix that.

The issue with your idea of holding coins locally is... what's to keep me from saying I have more than I do? Let's say you use 10% as the baseline. I have 30 coins. There's no way for you to know I don't really have 300, so I could just invest the 30 I have and claim I have 10x that.

   I asked the same question in another forum topic.

If you put 30 clams in and say you have 300, that's 10% of your total bag.  If the total invested drops by 10% your investment drops by 10% also. 10% of 300 clams = 30 clams so your wiped out and lose your 30 clams.  If you just claimed 30 clams.   10% of 30 clams is 3 clams so you would still have 27 clams invested.   

JD doesn't real care how much you actually have.  The bigger the percentage you claim the more volatile you investment will be.  And once the real investment amount goes to zero you lose it,  there is no coming back from it.     

Ahhh, that's interesting! I didn't think about it like that, but it makes a lot of sense. So basically you can choose, should you want to... to play the high-risk version of saying you have much more than you do. If the site profits, you make a lot more. If it doesn't, you lose it all.