1 ETH = 3,000 FUEL
Plan about putting 4 ETH into this.
2 remarks:
*Is there community that will start gambling-gambling though?
*they only published bug bounty on reddit yesterday and start crowd sale tomorrow. Isn't that a little too late?
*better abbreviation would be BETH (betEth)
> Invest in the only casino token in the market which doesn't give you some kind of share of the house profit
How will this generate profits in any significant amount? Sure, a little will trickle in by deafult, but there is stiff competition and crypto is a tiny fraction of the online gambling market.
Are any of the btc poker rooms still alive?
1eth=1000ethbet+bonus
It is now but could be multi billion dollar industry in a few years
Won't matter if you are holding this shitcoin as you won't be entitled to any of that money
Theres blackjack on bitdice
They plan to introduce poker and video poker next year along with some other stuff like a mobile app
What is the incentive to own this token? how do token holders reap rewards
Literally none
what gambling coin should i buy because crypto gambling will be huge
Edgeless about to release this month
Etheroll (already working and making money )
Bitdice (already working and making money)
All 3 give profit share to token holders or pay dividends.
1 Eth = 1,500 Ebet tokens on day 1
Planning on putting $1,000 into this.
t. Etheroll hodler
Funfair
Ethbet is a speculation token only. It'll be the only gambling token that:
1) Offers nothing except dice roll games
2) Offers no dividends
This is not a long term hold coin at all
It does offer buybacks.
got 1.5k waiting on it, though after reading this thread, maybe I need to research it more.
Read the whitepaper and think about how it will make money... it really can't. It needs massive amounts of players.
Whales are going to buy up the ICO because of the low cap and big hype, dump onto everyone who thinks its a long-term hold and then everyone will be left with a coin that generates fuck-all dividends. Mark my words.
If you're looking for a gambling token, Etheroll (DICE) for low-risk and quite possibly high-return dividend token or funfair for medium-risk high-return token.
Oh look, it's the 19th eth gambling dapp. What advantage does this have over all the other unique and provably fair gambling icos?
dividends tokens are illegal securities bro.
good luck being listed on reputable exchanges in the future and not dying due to regulations when more crack downs come in a few years from now
>people mad they wont be able to get into Ethbet
you guys realize the cap is just over $1M right? fuckers like edgeless are already worth 80M. If you don't want Ethbet fuck off more for us
only one that is peer-to-peer so players bet against each other instead of a house
It's quite possible they'll be legalised in the future, which would be a huge boom. And the fact that they're illegal and not on exchanges other than EtherDelta is factored into the price.
Besides, I'm not American.
>just another betting platform on ethereum
>not even a half working product (no, that shitty JavaScript made alpha doesn't count)
>no dividend payment
>user team
The only thing this shitcoin is good at is the low supply, and every nigger is buying hoping for a quick flip, good luck nigs
this is a good point but t bh i think it will end up with a 0.1% to 0.5% fee since that still beats all other platforms
..what
unregistered securities are going to be legalized?
that is the last thing that will ever happen, ever. The companies and corporations in power will do anything they can to make sure this shit stops
cheers
I will tell you exactly how it will generate profit
1) look at 0x and similar things
2) supply > demand, therefore profit. maybe not long term huge 1000x profit. but profit.
ETHbet only takes 10% of the player-house's edge. A competing platform like Etheroll could lower their own edge to compete while being a more seamless platform because it's not P2P.
I don't know enough about US law to dispute.
yes but they mention token holders can vote on the static fee to make sure it's profitable enough, but they wont vote it too high to make sure its competitive (or token holders would lose money)
if this platform wanted a market cap of 20M i'd say fuck it but with the attractive small cap it has im still real interested.
their post about why no dividends seemed actually well thought-out too
are you shilling this just so i dont get in?
fuck off youre going to ruin it if whales buy in before we do
>successfully trolled into leaving more for the whales
lol
I think at ICO price it's very good. I think the project is interesting. However paying more than ICO price is dodgy, I wouldn't evaluate this at more than $15M market cap and my biggest worry is that whales are going to scoop up the ICO with huge gas prices.
Developer seems pretty active too, hopefully he'll continue that way for the sake of the project.
Just giving my honest thoughts. At ICO price it's a very decent buy, I'm just not hopeful for the longterm.
Didn't say I was going either way
I just have more coins to research now
if you think it's going anywhere NEAR $15M sooner rather than later than why not go all in since that's like 10x or more, so even if it does several times worse you should 2x or more
not shilling just asking if you're that bullish then sounds amazing
given the market cap this one is the best bet still.
you can either flip it for instant 2X or hold for 2-5X or if you really believe in them long term for hopefully 5-50X+
yes that's why everyone is going to buy it in the first hour, probably
AKA the biggest meme in crypto right now
it's there for a reason.
meme or not, it lets the token not be an illegal security which cant be sold to US, cant be offered on exchanges that allow US, cant be touched, cant be anything , really
it's necessary for long-term successful projects just like their page mentions
eth is dead along with all the eth dumped icos
eth isn't dead. etheroll is still doing fine and this one will do fine too, desu.
if you dont like eth feel free to sell it all this far from ATH :)
Repeating that doesn't make it true, bro. We're literally discussing platforms that run on Ethereum. I think that's a sign of its future success.
no really. eth is dead and dying. it goes down way more than it goes up while btc bch and others steadily rise through the dip
okay, sure. eth is dead.
all 30 billion of it.
have fun missing out on ethbet lol
Who gives a fuck about price while it's still under $1000 lol. ETH was $7 at the beginning of the year, price doesn't mean shit.
>1 ETH = 3,000 FUEL
>FUEL
wat
guess he meant EBET? but also cant do math?
no clue desu
what the fuck is gambling-gambling?
just buy it for the 2x gains who gives a fuck, and why would anyone want' BETH'
What gas price should i use tomorrow to get a fast transaction?
hmm maybe set your limit to like 1M?
you might be fine with the normal limit unless whales go completely insane
>live in germany
>call financial authority
>ask them what to do with my gains, tokens and dividents
>they don't know what the fuck im talking about
>tell me to visit an expert on this matter
>expters takes 400€ / hour
guess im gonna wait a bit with this tax shit
just dont cash out and no one will ever care
when you do cash out make sure you pay 'enough' if youre worried, but if you keep it in crypto no one will ever know or care forever basically
youre just gonna miss it if you dont set gas high enough
i warned you :)
This.
I'm in Ireland and I'm expected to pay 33% if I cash out.
Fuck that.
They only care when a large sum of cash appears in your bank account. Crypto is magic to them.
33% sounds fucking terrible
>spend all year making gains
>government takes all of it even though i did all of the work and theyre actively working against me
maybe if they wanted us to pay more taxes they should not be so fucking unreasoanble, tax evasion goes up when this bullshit occurs for a reason
25% Financial gains tax for yearly gains above 800€ or something
That's how it works for stocks, I assume the same applies to crypto more or less
Exactly. I'm going to be holding until they reduce the CGT. Absolutely no point in taking such a hit in near future.
For this reason, I only look at coins with long term potential, not quick flips.
>Taxes
>2017
enjoy prison