Ebet

Fat fingers on tour

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medium.com/@ethbet/changes-to-the-ethbet-token-model-e4eef4923b91
twitter.com/NSFWRedditVideo

Lmao

Why do people even buy it on etherdelta when the ico is still on

is this legit? should i buy ico?

yes, get it while you still can get a discount

This


There's still a few hours where you can get the 50% bonus

no, i mean are the gains real?

this is actually how scammer shills its own shit
first of all the scammer opens a sell order at this ridiculous price
then he buy the order by himself

later there will be more fools throw their money into the scam because of this single order

Yeah, doesn't take an autistic Veeky Forums fuck to even check ED to see the shitty manipulation

OP pic gains arent but high gains will be. its a very low market cap. just read the whitepaper and make your own decision

What actually gives this token its value now that they scrapped the dividends payments?

i skipped it yesterday because it had no team and edgeless is doing fine anyway

i guess i'll skip

guess we'll just see how the actual price will turn out when ico is over.. I'd be happy with 2x honestly, don't really give a shit about it

so far every anonymous ICO is a scam including this one

Ethbet Tokens (EBET)

The Ethbet token will be used as currency for the Ethbet platform and protocol. In order to provide
incentives to run Ethbet relays as described later in this paper, a small fee is charged for the service of
matchmaking. This fee is dynamic and fluctuates based off of the bet liquidity of the platform.

For example, if few users are offering bets, the fee can be low or even negative, compared to a higher fee
when many users are offering bets. The profit that Ethbet smart contracts generate that is not in EBET
can be converted to EBET by having the smart contract purchase it, either via a third party smart
contract such as 0x or via an Ethbet smart contract. This buy-back feature allows the price of EBET to
appreciate as the platform becomes more widely used. In addition to this, it is possible for token
holders to vote on a burn rate that can be used by Ethbet. A burn rate would cause the smart contract to
destroy a small portion of EBET that are used, causing the currency to become deflationary.

In addition to this functionality, token holders are eligible to vote on Ethbet Improvement Proposals
(Ethbet IPs). An Ethbet IP is a proposed change to Ethbet, such as modifying the fees that Ethbet
charges. Rather than having a single entity decide on this proposal, the proposal will be voted on by
those who hold Ethbet tokens, with their voting weight being linearly proportional to the amount of
tokens that they hold. This way the holders of EBET are able to optimize Ethbet in the direction that
they see most desirable.

tldr; basically used as a currency on the platform, and it gives voting power

so pretty decent even without the dividends, and it makes it more likely to hit better exchanges, since dividend tokens are pretty illegal in burgerland

I'll pass on this one, I've been scarred for life by this model by buying into ICN and watching the price do nothing but tank ever since...

icn and ethbet is pretty different though

ethbet is just a simple peer to peer casino, and the marketcaps are on a whole different level, ethbet hasn't even hit 1 million marketcap yet, and over half the tokens are already sold

well sit out on this one boyo but dont be scared to take risks in crypto its literally the best way to ascend out of wagecuckery, find a good ICO, take the punt and you can make serious life changing gains. i have. ETHbet and chainlink are the next ones imo but who knows until the end

Scrapping the dividends is a huge blow in my book. The only thing a gambling website is good for is the profits. The whole point of the idea is to generate profits. Who wants to give money to a gambling project, when they don't receive future profit sharing in return? I think this might be too big of a negative to risk an investment in this.

seebut there are gambling coins with no dividends OR seemingly profitable token models with $10M+ market caps.

also the tokens that corrently give dividends will be considered securities in the future witch will create alot of panic, this is why they changed
medium.com/@ethbet/changes-to-the-ethbet-token-model-e4eef4923b91

EBET has 1 million market cap. 1 fucking million, not investing in the ICO right now means you literally hate money.

Obviously not, why don't you think for a second. Why would someone buy on ED when they can just pick it up for ICO price since the crowdsale is still going on.

His pic is used to lure in newbies like you hoping for a quick buck so they can dump their bags on you

Don't let these idiots know

This. If ethbet reaches even a portion of the market cap of the other casino coins that's already multiple hundreds of percent gains

im done trying to convince people

OP here. Pic is not to lure anyone retard, look what I wrote to that. FAT FINGERS bitch how dumb are you

could you explain to a willing to learn newbie?

You're a proper moron if you think it was """"fat fingers"""' shows how high the iq of ppl buying into this shitcoins is

>New fags unironically not investing in this because of opinionated comparisons to already large competitors.

This shit could x10 just because it has ETH in it's name, that's how shallow this market can be.

This project looks fishy as fuck :s

Ethbets marketcap is ~1 mil. A close competitor Edgeless has a 110 mil market cap. The market cap and token price increase proportionally. If ethbet market cap goes to 10 mil, that is a 10x return on investment at ico prices. In this market where every coin has a multimillion dollar market cap, ethbet's hard cap of ~1 mil is very small and can quickly climb in a few weeks/months for great gains

Got myself 3k ebet

A-am i gonna make it anons?

Oooh weee! You get to vote for changes to a platform that doesn't return you profit?